In this paper we propose a new technical tool for analyzing representations of Hilbert $C^*$-product systems. Using this tool, we give a new proof that every doubly commuting representation over $\mathbb{N}^k$ has a regular isometric dilation, and we also prove sufficient conditions for the existence of a regular isometric dilation of representations over more general subsemigroups of $\mathbb R_{+}^k$.

In this paper we formulate and solve Nevanlinna-Pick and Carath\'eodory type problems for tensor algebras with data given on the $N$-dimensional operator unit ball of a Hilbert space. We develop an approach based on the displacement structure theory.