ELM Resources
Automation of Strategic Processes Using the ARIS Platform & Business Rules Modeling
With a mission to provide schools complete freedom-of-choice and equal access to all education financing providers, ELM Resources was established in 1994 as the only open, non-proprietary, lender-neutral student loan delivery system in its industry. Through its members, lenders, guarantors and loan servicers, ELM administers a universal student loan delivery system that seamlessly links diverse computing platforms involved in processing and disbursing student loans. ELM offers students and schools the convenience of using a single data channel for both alternative and government guaranteed loans, regardless of which loan provider is serving the customer.
Business Challenges
- Overhaul business processes.
- Upgrade legacy ELMNet system, which relied heavily on business rules.
Our Solution
ELM deployed a BPM solution that could be used by IT and business users and could also encapsulate business rules.
Customer Benefits
- Assembled business rules to provide easy access and also trim costs from loan processing operations
- Leveraging both the process modeling and business rules modeling functionality of ARIS to modernize its systems