[Draft] Morphir One-Pager

[karlmoll]

Morphir: Collaborative Business Logic Management for the Financial Services Industry

Project Overview:

Morphir is an open-source, collaborative business logic engine specifically designed for the
financial services industry. It empowers both technical and non-technical teams to:

• Demystify complex logic: Gain real-time visibility and understand how data flows
  through rules, fostering collaboration and informed decision-making.
• Manage logic collaboratively: Work together on a shared platform to define, test,
  and validate logic, reducing errors and accelerating value delivery.
• Adapt logic effortlessly: Future-proof logic with seamless updates and migration to
  any technology stack, ensuring compliance and agility in a dynamic landscape.
• Unify data and logic: Streamline data integration and management by seamlessly
  aligning logic with data sources within the Morphir platform.

Key Features:

• Intermediate Representations (IRs): Clear and consistent way to represent business
  logic, accessible to both technical and non-technical users.
• Shared Platform: Collaborative environment for defining, testing, and validating logic
  in a central location.
• Language-Agnostic Compilation: Compile logic to any programming language
  required for your systems, ensuring future-proof adaptability.
• Version Control and Governance: Track changes, ensure auditability, and maintain
  compliance with robust version control mechanisms.
• Open-Source Community: Benefit from a vibrant community of contributors and
  access to ongoing development and support tailored to regulations.
• Adaptability and Portability:
  • Navigate regulatory shifts: Seamlessly update logic to comply with changing
    regulations without costly rewrites.
  • Embrace market dynamics: Respond swiftly to evolving market conditions with
    agile logic modifications.
  • Future-proof technology: Migrate logic effortlessly to any technology stack,
    ensuring long-term adaptability.
• Real-Time Computation Observability:
  • Empower non-technical teams: Gain real-time insights into production
    environment computations without relying on developers or dashboards.
  • Conduct independent analysis: Access data directly and perform your own
    analysis for proactive risk management.
  • Make informed decisions: Leverage granular data to make strategic decisions
    based on the actual behavior of your logic.

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Benefits for Financial Services:

• Enhanced transparency and streamlined regulations: Clear audit trails, human-
  readable logic, and real-time observability simplify compliance processes and reduce
  audit risks.
• Reduced development costs and improved collaboration: Eliminate code
  duplication and accelerate product launches with reusable, adaptable logic
  components and a collaborative platform.
• Improved decision-making and risk management: Gain real-time insights into risk
  factors and data flowing through the rules for proactive decision-making.
• Flexibility and agility: Respond quickly to changing regulations, market dynamics,
  and technology advancements with adaptable logic.
• Data-driven decision making: Leverage real-time data and insights to make informed
  decisions aligned with your business goals.

Use Cases:

• Credit risk assessment
• Claims processing
• Trade settlements
• Liquidity Coverage Ratio (LCR) compliance
• Fraud detection and prevention
• Regulatory reporting
• Anti-money laundering (AML) compliance
• Know Your Customer (KYC) onboarding
• And more!

Collaboration and Contribution:

Morphir is an active FINOS project welcoming contributions from various skillsets:

• Front-end developers: Shape the user experience of the collaborative platform.
• Compiler design engineers: Refine the powerful Intermediate Representation and its
  translation capabilities.
• Developers of all levels: Build reusable logic components, contribute to core libraries,
  and explore diverse use cases.

Get Involved:

• Website: https://morphir.finos.org/
• GitHub: https://github.com/finos/morphir
• Meet the team: [placeholder]
• Write your first rule: [placeholder]