Transaction Manager
- This case study outlines the evolution of Transaction Manager, which began as a tailored Proof of Concept (PoC) designed to assist a private equity client in managing investment structures and regulatory compliance
- Utilising our advanced low-code platform, Locodium, JFDI initially developed the PoC, which rapidly progressed into a sophisticated Minimum Viable Product (MVP)
Customer Challenge
Our private equity client faced increasing demands for rigorous auditing and evidence-based compliance with complex regulatory requirements. To streamline the management of investment structures and enhance transparency, JFDI was engaged to create a solution that would simplify administration tasks and support compliance procedures effectively.
Proof of Concept (PoC)
The PoC was specifically designed to automate the creation of transaction templates, each activated with tailored variables upon initiation. These variables trigger event instances, guiding user teams through detailed procedures associated with investment structure management. Complex routine transactions, such as Annual Accounts, could then be efficiently targeted to specific entities within investments, enabling comprehensive oversight of regulatory compliance across the entire investment lifecycle.
Throughout the PoC stage, JFDI maintained daily collaboration with the client, ensuring alignment with their strategic goals. Progress was accelerated using JFDI’s proprietary Application Framework (JAF), a robust foundation built upon reusable components ideal for modern software development. Key jurisdictional requirements, such as verifying board directors’ residency status, were effectively integrated. The resulting PoC enabled precise governance processes, including structured board appointment and reassignment events.
Following successful PoC delivery, JFDI and the client defined and approved detailed requirements for the MVP, paving the way for further enhancements.
Transitioning to an MVP with Locodium
Concurrent to this project, JFDI’s Application Framework evolved into a comprehensive low-code/no-code solution, now branded as Locodium. To expedite development and fully leverage our developers’ capabilities, the Transaction Manager MVP was developed using Locodium. The MVP, deployed in the client’s Microsoft Azure environment, significantly enhanced the efficiency of the application development process. Additionally, Locodium empowered the client’s internal IT team with a powerful low-code platform, supporting the emergence of citizen developers within the organisation.
The MVP substantially expanded upon the original PoC, incorporating advanced functionality to manage critical transaction data and automate compliance assessments. This comprehensive management system provides real-time insight into each entity’s compliance health, clearly identifying outstanding regulatory actions required. The result is a robust, scalable solution that significantly enhances regulatory compliance auditing, including effective management of third-party roles within investment structures.
Transaction Manager Template Screenshot
MVP Enhancements
Key enhancements delivered in the MVP include:
- Bulk processing capabilities
- Streamlined event template administration
- Task and event allocation based on team seniority
- Efficient quick-action tasks
- Insightful, interactive dashboards driven by dynamic data
- Full accessibility across devices, including mobile compatibility
- Flexible application themes (light and dark modes)
- Multi-tiered administration experience for system configurations
The MVP received highly positive feedback upon deployment, highlighting its considerable potential for continued evolution and enhancement.
Launching a Transaction Template as an Event:
Viewing a launched Business Event Tasks:
Viewing a launched Business Event Tasks in Dark Mode:
Inputting Data on a Task in a Business Event:
Inputting Data on a Task in a Business Event Dark Mode:
Next Steps
With the client’s continued support, JFDI has transformed the successful MVP into Transaction Manager—a configurable, ready-to-deploy solution tailored for the private equity sector. Limited exclusive early-access opportunities will soon be available for select clients, partners, and interested stakeholders.
Transaction Manager serves as a critical safeguard for investors, providing detailed oversight of transaction processes, comprehensive regulatory compliance monitoring, and dynamic dashboards that facilitate proactive management. This vigilant approach significantly reduces compliance risks, mitigating potential issues before they escalate and protecting investments from regulatory penalties.
JFDI intends to harness the adaptability of Locodium to transform additional proofs of concept and existing industry-specific applications into robust, market-ready solutions. Further announcements and updates will follow shortly.
If you are interested in deploying Transaction Manager within your organisation or would like additional details, please click through below.
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Client
Name:
Internal (JFDI Products)
Country or Region:
United Kingdom
Target Industries:
Finance, Private Equity
JFDI services provided
Services used:
- Consultancy
- Software Development
- UI/UX Design
- Gamification
Software:
- JFDI Application Framework
- JFDI Locodium