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Fintechs

The register, the double-entry ledger and the compliance engine are the eighteen months before your first issuance. They are also the parts customers never see and regulators always ask about.

One transaction boundaryThree stacked elements — a record, a rule and a ledger posting — enclosed by a single boundary, indicating that all three commit together or not at all.ONE TRANSACTION BOUNDARYRecordwhat is trueRulewhat is permittedPostingwhat it did to the bookscommit together

What it changes

  1. Start from the parts that are hardMoney as exact minor units, balances derived from entries, corrections as reversals, and invariants enforced twice.
  2. Your brand throughoutWhite-label tenancy means your customers never see anybody else’s name.
  3. Grow into the APIThe same operations available through the interface are designed to be available programmatically.
Ask, agree, then actThree steps. One person requests, a different person approves, and only then does the state change. The approval binds to what was requested, so editing it afterwards invalidates the sign-off.Requestone personApprovea different oneActnow it movesThe approval binds to what was asked.Edit it afterwards and the sign-off is void.
Every irreversible act on this platform takes this shape, whatever the subject of the page: one person asks, a different one agrees, and only then does anything move.

What it includes

Multi-tenancyIsolation you can evidence rather than assert.
Sandbox tierWhere mock providers are permitted and nothing touches real money.
EventsWritten in the same transaction as the change that produced them.

See it against something real.

Bring an instrument you are actually considering. Structuring it is the only way to judge whether the model fits.

Your instrument, against this modelAn unspecified asset on the left feeds four stages: structure, compliance policy, the offering book and the register. The asset is drawn as an outline because it is the reader's, not the platform's.Your assetwhatever it isStructurePolicyBookRegister