One authoritative source for all post-trade operations.

Full trade lifecycle from capture to settlement, across all asset classes.

Segregation of duties and audit trail built into the core.

Positions, reconciliation, and regulatory reporting in one place.

FIX, SWIFT, and blockchain connectivity treated as peers.

Net capital, customer segregation, and FINRA supervision in one system.

One framework across equities, fixed income, and tokenized assets.

On-chain settlement within the same control framework as traditional securities.

Cloud-native and instrument-agnostic. No legacy dependencies.

Finality computed from rail and infrastructure — CSD or blockchain, not assumed.

Maker-checker enforcement, WORM audit, and role-scoped access.

The case for one system across traditional securities and digital assets.

Post-trade obligations for U.S. firms, explained operationally.

Post-trade terminology from trade capture to settlement finality.