Compliance and Rule Engine (RE)

[Global Compliance]

Realtime or batch – data validation, cleansing and recalculations

You must ensure that your financial business processes can meet increasingly demanding corporate compliance requirements worldwide. For this, you need to focus on critical aspects of your internal business performance management practices, such as communications, internal controls, records retention, risk and fraud prevention and transparency/visibility. Performance management software solutions can play an important role in guaranteeing sustainable and lower cost corporate compliance.

To govern the compliance criteria, across the whole organization you can define rules with the graphical rule designer. Compliance rules can be easily created and triggered within the myBiQ's-RE (rule engine):

• Data validation

• Data recalculations

• Management of the status of data

• Roll back

• Access control.