The Challenge
Cross-border transactions within the EU are governed by complex, country-specific regulatory rules that change frequently. Mydesq needed a platform to codify these rules (starting with France), evaluate transactions against compliance criteria, and ensure businesses meet cross-border regulatory requirements across jurisdictions.
Our Approach
Daiviksoft built a rules engine-based compliance platform with configurable cross-border regulatory rules stored in spreadsheets for business analyst self-service. The system evaluates transactions against country-specific compliance criteria, supports multiple jurisdictions (starting with France/EU), and provides a framework for adding new regulatory rule sets as the platform expands to additional markets.
Key Deliverables
- Country-specific cross-border compliance rules (France/EU)
- Excel-based rule configuration for regulatory analysts
- Transaction compliance evaluation engine
- IAM regulatory framework implementation
- Multi-jurisdiction support architecture
- Configurable rule sets for expanding to new markets
Results & Impact
Mydesq launched a compliance platform that codifies EU cross-border regulatory rules into an evaluable framework. The Excel-based rule management enables regulatory analysts to update compliance criteria without developer involvement, ensuring rapid adaptation to regulatory changes.