Interesting Technology

An industry colleague introduced this company the other day. Open Square has developed a domain-specific language (PACT) along with a rules engine/infrastructure that can be used to model insurance products. A Visio front-end is used to develop the models, which should be fairly familiar for users. The models are uploaded to the engine, where they are instantiated.

This is going to be a fairly flexible piece of software, and could be used by Product Development team (model the product and generate complete product specs automatically?), or the IT department (model the product and automatically generate both requirement specifications and a prototype). It may also be of interest to other areas of the business. Worth keeping an eye on to see how it develops.