Glossary
Every term between trade and settlement.
Corporate actions for tokenized securities coordinate issuer events, account entitlements, wallet records, instructions, and outcomes across conventional and onchain rails.
The identification and control of risk that a counterparty fails to settle a trade, exposing the surviving party to replacement cost or principal loss.
Credit curve reference data is the governed fixed income data used to support spread curves, valuation controls, P&L explain, collateral marks, accounting inputs, and review evidence.
The governed reference layer for CSD identity, market coverage, participants, settlement calendars, eligible securities, notices, and source evidence.
Custody accounting reconciliation joins the custodian vault to the accounting ledger: settled holdings and cash versus trade-date books, accruals, fees, FX, and the classified residual that close and evidence depend on.
Custody reconciliation is the daily match of internal positions and cash to the custodian statement: timing versus genuine breaks, owners, aging, and the evidence that holdings are actually safekept.
Data interoperability lets capital-markets systems exchange and reconcile instrument, position, account, and event data without losing meaning or lineage.
A settlement mechanism (DvP) that links the transfer of securities to the simultaneous transfer of payment, ensuring neither leg completes without the other.
The requirement for broker-dealers to apply Rules 17a-3 and 17a-4 to digital asset securities, linking on-chain transaction data to the account-level records regulators require.