Glossary

OTC digital asset derivatives documented under ISDA frameworks, covering confirmations, price sources, margin, collateral, close-out netting, and lifecycle controls.

International financial messaging standard where sese.023 settlement instructions and sese.025 confirmations replace legacy SWIFT MT54x messages, enabling richer settlement data, STP, and interoperability across global custodians and CSDs.

ISO 20022 sese.023 is the securities settlement transaction instruction message used to instruct delivery or receipt of securities through a custodian, CSD, ICSD, or account servicer.

ISO 20022 sese.025 is the securities settlement transaction confirmation message used to confirm that a settlement event has completed through an account servicer, custodian, CSD, or ICSD.

20-character alphanumeric code under ISO 17442 that uniquely identifies legal entities in financial transactions, required for MiFID II, EMIR, and CAT regulatory reporting, and the primary party identifier in ISO 20022 sese.023 settlement instructions.

A two-person segregation of duties control requiring that any action entered by one operator must be reviewed and approved by a second before it takes effect.

The ISO 10383 four-character code that identifies trading venues, operating markets, and market segments for enrichment, reporting, and post-trade routing.

The authoritative reference layer for countries, currencies, venues, CSDs, settlement rules, tax signals, sanctions evidence, and market infrastructure.

MCP trading integration connects AI assistants to trading, account, portfolio, and post-trade tools through governed context, permissioned tool calls, staged actions, and audit evidence.