EU Sustainability Taxonomy – Banking

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Our partner helps their clients, Financial Institutions, to make more sustainable choices with their investments. 


In order to direct investors towards more sustainable projects and activities, the European Union has defined a framework for sustainable finance, in order to allow financial and non-financial companies to share the same guidelines, thus being able to analyse economic activities in terms of environmental sustainability. This way, creating a layer of security for investors that protect them from greenwashing and help companies become more climate-friendly.
However, this comprises an extensive list of documentation and directives that could be challenging for Financial Institutions to keep up with, being, in most cases, unable to collect enough data or missing the ability to evaluate them.

Our partner has developed a tool that is designed to enable their clients to assess the alignment with the EU Taxonomy, allowing them to reduce bureaucratic costs while being able to handle the wealth of data and information and to make decisions toward a sustainable financial sector.

However, even though it allowed their clients to be able to assess their sustainability compliance, this solution still required new developments for every new directive that was either updated or implemented. This process was dependent on the technical knowledge of the developers, who had a strong understanding of the code. In most cases, solutions that strongly depend on a technical team are extremely unscalable, error-prone, and non-auditable.


A Business Rules Engine (BRE) is a software tool or system designed to manage and enforce logic, and regulations that govern the operations and decision-making within a business or organization. It serves as a central hub for defining, storing, and executing business rules in a structured and automated manner, ensuring consistency, accuracy, and agility in processes. These rules can encompass a wide range of criteria, from simple conditional statements to complex algorithms, and are used to guide operational workflows, data validation, product pricing, risk assessment, and more. By encapsulating business logic in a rules engine, organizations can swiftly adapt to changing market conditions, and comply with regulatory requirements, such as the EU taxonomy, whilst maintaining a high level of control and efficiency in their operations. 

Business rules engines provide a dynamic framework that enables organizations to modify, update, and enforce their business rules and processes without the need for extensive coding or software development. By centralizing rule management and automating decision logic, business rules engines enhance operational efficiency, consistency, and adaptability, allowing businesses to swiftly respond to changing market conditions and regulatory requirements.

After analysing the business requirements, TechRivo’s team proposed the development and integration of a web user-friendly platform that could be used by non-technical employees who could easily add new information to the EU compliance predefined flows, according to the new or updated directives. 


Shifting the responsibility of updating the EU compliance flows, allowed the partner’s remote technical team to focus on the maintenance and improvement of their solution.

The entire flow update process became less time-consuming and so, more efficient, scalable, and auditable. This way, any regulatory changes will be easily integrated into our partner’s solution, heightening its reliability.

Why TechRivo?

TechRivo’s team worked closely with our partners throughout the analysis phase and consulted the company IT on the best way to make their solution more efficient. By taking advantage of previous experience with business rules engines, the team provided the missing piece that brought their solution to maximum efficiency.