Glossary

An ABOR solution maintains the accounting book of record: the controlled settlement-date view of positions, cash, accruals, tax lots, valuation inputs, adjustments, close status, and reporting evidence.

The requirement that broker-dealers keep client funds and securities strictly separate from firm assets under Rule 15c3-3 — enforced through the reserve formula, the Special Reserve Bank Account, and good control location requirements.

The ABOR: custodian-confirmed settled positions used as the authoritative basis for NAV calculation, financial statements, and regulatory reporting.

Agentic AI controls define what an AI agent may read, propose, stage, execute, escalate, and record inside capital markets workflows.

AI agent post-trade operations use controlled agents to detect exceptions, assemble evidence, draft actions, route approvals, and record outcomes without bypassing human supervision.

An AI audit trail in financial services records the prompt, permissions, retrieved context, model output, proposed action, human decision, downstream event, and final outcome for each AI-assisted workflow.

AI brokerage API workflow is the controlled use of AI to retrieve brokerage account context, draft API actions, monitor order state, and preserve evidence without bypassing approval controls.

An AI compliance assistant helps broker-dealer teams find records, summarize exceptions, assemble evidence, compare activity to procedures, and route review without replacing supervisory responsibility.

AI exception management uses AI-assisted triage, classification, evidence retrieval, and draft resolution workflows to manage financial operations exceptions without bypassing controls.