Glossary
Every term between trade and settlement.
An IBOR solution maintains the investment book of record: a timely operating view of positions, cash, trades, exposures, projected activity, reconciliation status, and evidence for portfolio and operations teams.
The daily process of comparing the forward-looking investment book of record (IBOR) against the custodian-confirmed accounting book of record (ABOR) to identify and resolve position differences arising from the settlement cycle.
Institutional asset tokenization creates programmable digital representations of regulated financial assets — enabling faster settlement, lower issuance cost, collateral mobility, and automated lifecycle servicing.
The authoritative golden record of reference data — identifiers, static attributes, and lifecycle parameters — for every instrument a firm can trade, settle, or report.
Instrument master data quality is the control on whether an instrument record may be used: identifiers, terms, classification, and settlement attributes are complete, consistent, timely, and evidenced before post-trade consumes them.
Software that turns institutional trades, positions, cash, accruals, corporate actions, tax lots, reconciliations, and close controls into accounting-ready investment records.
The IBOR — a real-time position record used by investment managers, capturing unsettled trades, accruals, and corporate actions ahead of custodian confirmation and ABOR settlement.
Investment fund middle office is the operating layer that turns executions, allocations, positions, cash, collateral, corporate actions, and exceptions into controlled records for settlement, accounting, oversight, and reporting.
OTC digital asset derivatives documented under ISDA frameworks, covering confirmations, price sources, margin, collateral, close-out netting, and lifecycle controls.