Glossary

Natural language portfolio questions let institutional users ask about positions, cash, exposure, performance, restrictions, and breaks while the answer remains grounded in controlled portfolio records.

Natural language trading converts a user's plain-language trade intent into a structured order draft, validation record, human review step, routing instruction, and audit trail.

Comparing a firm's nostro ledger against correspondent bank statements — closing fee, FX, and value date breaks before they become T+1 settlement funding failures.

A nostro reconciliation benchmark is the operating standard a firm uses to judge whether cash breaks are acceptable, aging, material, owned, escalated, and evidenced.

The ops workflow for classifying, aging, and resolving nostro breaks — from break identification and SWIFT query through wash account entry and escalation.

DTCC's central counterparty that novates equity trades, nets obligations multilaterally by CUSIP, and carries unsettled positions until DvP finality at DTC.

OMS to post-trade integration is the controlled handoff from order and execution records into allocation, confirmation, enrichment, settlement instruction, reconciliation, supervision, and reporting workflows.

Onchain records are maintained on a distributed ledger; offchain records are maintained in connected enterprise and market-infrastructure systems.

One economic right can appear across several records when each representation has a defined role, controlled linkage, and reconciled quantity.