Taktile

Taktile is a powerful, no-code decision platform designed to help businesses automate and optimize their most critical decisions. It provides a collaborative environment where business users, such as risk analysts and product managers, can work alongside data scientists to build, test, and deploy decision logic without writing a single line of code. This approach bridges the gap between business expertise and technical implementation, enabling companies to respond to market changes with unprecedented speed and agility.

The platform is built around a highly intuitive visual interface, allowing users to construct complex decision flows by combining various elements like business rules, decision tables, scorecards, and machine learning models. Taktile's fully customizable data architecture allows businesses to define their own entities, events, and features, ensuring the platform perfectly aligns with their unique operational context, whether it's for credit underwriting, fraud detection, or dynamic pricing.

How to use Taktile

Using Taktile involves a straightforward, five-step process to take a decision from idea to production:

1. Connect Data Sources: Easily integrate with a wide range of internal and external data providers. Connect to internal databases, CRM systems, and third-party APIs for services like credit bureaus, identity verification, and fraud prevention.
2. Build Decision Logic: Use the drag-and-drop visual editor to design your decision workflow. Create rules using a simple language, build complex decision trees, design scorecards, and set thresholds.
3. Incorporate Machine Learning: Seamlessly integrate your own pre-trained machine learning models. Taktile supports common model formats, allowing you to combine the predictive power of AI with transparent business rules.
4. Test and Simulate: Rigorously test your new logic before it goes live. Use historical data to backtest your decision flows and run champion/challenger simulations to compare the performance of different strategies and understand their potential business impact.
5. Deploy and Monitor: Deploy your decision logic with a single click. Taktile provides a robust, low-latency API for real-time execution. Continuously monitor the performance of your decisions through intuitive dashboards, track key metrics, and gain insights for further optimization.

Core Features of Taktile

• No-Code Rule Engine: A visual, user-friendly interface for building and managing complex business rules, decision tables, and scorecards.
• Seamless Data Integration: Connectors for a wide variety of data sources, enabling real-time data enrichment for more accurate decisions.
• ML Model Integration: Easily upload and integrate custom machine learning models into any decision workflow.
• Powerful Simulation & Backtesting: Evaluate the impact of rule changes on historical data to de-risk deployment and forecast performance.
• Champion/Challenger Testing: Safely A/B test new decision strategies against existing ones in a live environment to ensure optimal outcomes.
• Real-time Monitoring & Analytics: Comprehensive dashboards to track decision performance, analyze outcomes, and identify trends.
• Full Audit Trail & Explainability: Every decision is fully logged and auditable, providing complete transparency for compliance, debugging, and analysis.
• Collaborative Workflow: A shared workspace for business teams and data scientists to co-create, review, and approve decision logic.

Use Cases for Taktile

Taktile is versatile and can be applied to any business process that requires automated, data-driven decisions:

• Financial Services: Automating credit underwriting for loans and credit cards, real-time transaction fraud detection, and customer onboarding (KYC/AML).
• Insurance: Automating claims processing, dynamic policy pricing, and underwriting risk assessment for personal and commercial lines.
• E-commerce & Marketplaces: Implementing dynamic pricing strategies, detecting payment fraud, and making seller/buyer risk assessments.
• Logistics & Mobility: Optimizing routing decisions, managing fleet risk, and setting dynamic pricing for services.

Advantages of Taktile

Taktile offers significant advantages over traditional, code-heavy approaches to decision management:

• Speed and Agility: Reduce the time to implement and change decision logic from months to minutes, allowing for rapid iteration.
• Empowerment of Business Users: Puts the power of decision automation directly into the hands of business experts, reducing reliance on engineering teams.
• Improved Decision Accuracy: Combine the best of both worlds by blending human-defined rules with the predictive power of machine learning models.
• Enhanced Transparency and Governance: Ensure full compliance with regulatory requirements through detailed audit trails and explainable decision logic.
• Lower Total Cost of Ownership: Eliminates the need to build and maintain a costly in-house decisioning infrastructure.

Pricing and Plans

Taktile offers enterprise-level plans tailored to the specific needs of each business. Pricing is typically based on factors such as decision volume, the number of users, and the specific features required. To get a detailed quote and a personalized plan, prospective customers are encouraged to contact the Taktile sales team for a demo and consultation.