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Understanding PeopleSoft Active Analytics Framework

PeopleSoft Active Analytics Framework is a suite of tools that make up a closed-loop decision-making system in which business-intelligent applications or transactions can respond when conditions are met and specific actions are recommended, for example:

PeopleSoft Active Analytics Framework provides components for setting up the analytic framework that enable you to manage the data library, build policies, and manage trigger points and actions. These components provide a way to define flexible business rules, called policies, that can be altered without modifying application code. Business analysts and other functional users define policies with an intuitive user interface.

Functional users can create policies that use data elements of various forms and shapes residing in different sources such as the transactional environment, data warehouses, legacy systems, and so on. The data elements are exposed to the business user as terms defined in the PeopleSoft Active Analytics Framework data library.

The extensible action framework supports the definition and execution of consequential actions. Application developers can create customized action types within product lines to accommodate their functional needs. PeopleSoft Active Analytics Framework also delivers a built-in action type for displaying alerts to the user.