Glossary
Every term between trade and settlement.
A globally unique identifier under ISO 24165 that fingerprints a digital token by blockchain network, smart contract address, and genesis parameters.
A securities digital twin is a controlled ledger representation of an asset or entitlement maintained on another designated system of record.
The ops function that turns a dividend announcement into a closed income entry — covering ex-date entitlement, payable-date receipt, rate-vs-amount reconciliation, tax withholding, and failed-trade claims.
The use of distributed ledger technology as books and records infrastructure for financial institutions, subject to the same substantive standards as traditional recordkeeping systems.
Financial market infrastructure built on distributed ledger technology — enabling atomic DvP settlement, programmable cash legs, and shared-ledger synchronization that replaces the bilateral reconciliation burden of traditional capital markets.
The design of the distributed ledger protocol layer — validator governance, consensus mechanism, access controls, and finality model — that determines settlement certainty, privacy, and liquidity access for any DLT rail a regulated firm operates on.
A DK is a counterparty's declaration that it cannot recognize or confirm an alleged trade — a data discrepancy that, unresolved before the affirmation deadline, significantly raises settlement fail risk.
A DTC book-entry instruction used to move securities between participant accounts through valued or free delivery workflows.
The DTC Digital Omnibus Account holds the aggregate DTC quantity represented by outstanding tokenized entitlements during the stated DTS conversion process.