Meetup - Where Web Rule Research meets IndustryTogether with the Washington DC Meetup Group (http://www.meetup.com/semweb-31/) RuleML-2010 will organize a Meetup "Where Web Rule Research meets Industry" on October 21st evening.
Harold Boley and Adrian Paschke (RuleML Initiative)
|18:45-19:25|| Exciting New Areas for Rules
Paul Vincent (TIBCO Software)
|19:25-20:05|| Semantic Web Rules for Financial Risk Management
Benjamin Grosof (Vulcan, Inc. and Benjamin Grosof
and Associates, LLC)
About the presentationsExciting New Areas for Rules
Paul Vincent, TIBCO Software
Abstract. Although rule technology has been (a) subject to research and (b) deployed in useful applications for many years, it is still an active area for new developments and progress. Consider:
- the "democratisation" of business logic in applications from BRMS tools
- the advanced of EDA with CEP a valid area for applying rules to find event patterns and make event-driven decisions
- the onset of standards bodies' interest in rule representations, such as W3C RIF and OMG PRR
So let us take a look at some of the application areas and findings for rules technology (in this case, from TIBCO Software) and see what sort of interesting work is being done using rules in different industry domains.
Semantic Web Rules for Financial Risk Management
Benjamin Grosof, http://www.mit.edu/~bgrosof/
Vulcan, Inc. and Benjamin Grosof and Associates, LLC
A NSF workshop  was recently held on knowledge representation and info integration overall for this arena, which is a critical challenge to the US and world economy. It had lessons learned about the usefulness of semantic web rules in three areas:
- representing financial contracts;
- ontological mapping for information integration; and
- representing confidentiality/trust policies.
 http://www.ce-nif.org/ (NB: OFR was originally called NIF)