Glossary
Every term between trade and settlement.
A CCP clearing workflow is the controlled post-trade process that turns executed trades into accepted, novated, margined, netted, settled, or failed clearing states.
A machine-readable lifecycle model that standardizes how tokenized securities, collateral, repo, securities lending, and derivatives events are represented and automated.
Financial market infrastructure that legally interposes itself as the counterparty to every trade through novation, eliminates bilateral credit risk, and reduces settlement volume through multilateral netting.
Central counterparty novation is the clearing state change where a CCP replaces the original bilateral counterparty relationship with cleared obligations to the CCP.
The financial market infrastructure that holds securities in book-entry form and executes DvP settlement finality — the legal transfer of ownership that converts a CCP's netted instruction into a confirmed change in beneficial ownership.
Chat-based trade capture converts trade details from messages into structured trade records with instrument resolution, account context, validation, review, and audit evidence.
The ISO 10962 six-character code that classifies an instrument’s type and attributes for settlement, tax, corporate actions, controls, and reporting.
Cloud native investment accounting is an event-driven accounting architecture for institutional portfolios, using controlled APIs, scalable processing, data lineage, reconciliation evidence, security controls, and resilient cloud infrastructure.
Post-trade infrastructure built on containerized, event-driven architecture — scaling elastically to settlement demand, deploying regulatory changes without downtime, and processing every trade event in real time rather than overnight batches.