Operations
Six operational workflows. Zero manual steps without audit trail.
Every broker-dealer operation follows a documented procedure enforced at the infrastructure layer. No step executes without passing the policy engine. Every actor, action, and resource is logged to the VaultLedger. The agentic layer monitors and executes without human bottlenecks.
Offering Lifecycle
1Issuer Onboarding
Entity KYB via Middesk, beneficial ownership identification, FINRA background check, platform MSA execution, account provisioning with issuer-role access control2Offering Structuring
Security type determination, exemption selection (Reg D 506b/c, Reg A+, Reg S), pricing mechanics, allocation method, min/max raise, closing schedule3Document Preparation
PPM, subscription agreement, investor questionnaire, accreditation form generation — IPFS-backed with SHA-256 hash anchoring for tamper evidence4Regulatory Filing
Form D (SEC EDGAR), blue sky notice filings across all target states, state fee coordination, filing confirmation tracking with SLA monitoring5Distribution
Investor portal activation, offering room access gating by compliance status, subscription open, real-time allocation tracking, partial close management6Closing & Allocation
Minimum raise confirmation, subscription finalization, escrow release trigger, pro-rata or discretionary allocation computation, cap table recording7Post-Close Administration
Position confirmation notices, certificate issuance, transfer restriction ledger entry, 1099 and K-1 tax event setup, ongoing reporting cadence activationInvestor Qualification Pipeline
1Account Registration
Email verification, profile collection, jurisdiction self-declaration, device fingerprinting, session management initialization2KYC
Government ID capture + liveness detection via Persona — document extraction, database cross-reference, global coverage for 200+ countries3KYB (Entity Investors)
Business entity verification via Middesk — EIN, secretary of state registry, beneficial ownership up to full UBO chain, state good-standing check4Accreditation Verification
Via Parallel Markets: income verification (2-year tax, W-2), net worth (statements), professional licence (Series 7/65/66/82), entity GAV — expiry tracking5AML Sanctions Screening
ComplyAdvantage: OFAC SDN, EU consolidated, HMT, UN, FinCEN 314(a) — PEP check, adverse media scan, geographic risk scoring, 30-day rescan cadence6Suitability Assessment
Reg BI suitability scoring: investment experience, risk tolerance, liquidity horizon, income/net worth relative to subscription size, concentration limits7Operator Approval
Review case creation with full compliance profile, SLA-gated queue, compliance officer decision (approve / escalate / reject), access provisioningSubscription Processing
1Eligibility Gate
Policy engine evaluates 11 dimensions: KYC, KYB, accreditation, sanctions, suitability, jurisdiction, offering access, subscription limits, investor count, affiliate status, holding period2Document Execution
Subscription agreement presentation, risk disclosure, offering-specific addenda, DocuSign e-signature capture with audit trail and timestamp3Funding Instruction
Payment rail selection: wire (with bank instructions), ACH pull, stablecoin (USDC/USDT/DAI/RLUSD) on supported chains, private rails for institutional counterparties4Payment Matching
Automated reconciliation of incoming payments to subscription records — hash verification for on-chain, bank reference for wire/ACH, retry queues for failed matches5Operator Review
Review case with subscription + payment + compliance snapshot, compliance officer evaluation, approval routes to allocation, rejection routes to notice + refund6Allocation
Position creation in cap table, on-chain token minting (if digital), custody wallet crediting, settlement confirmation, investor allocation notice deliveryCustody & Settlement Operations
1Wallet Provisioning
Fireblocks vault creation per offering, wallet role assignment (12 roles), threshold configuration, RS256 JWT per-request signing for Fireblocks API2Approval Workflow
4-tier engine: auto-approve (below threshold) → single-sign (1 officer) → dual-control (2 officers) → committee quorum (configurable N-of-M)3Settlement Execution
On-chain transaction submission via Fireblocks SDK — nonce management, gas estimation, broadcast, confirmation polling, finality check4Reconciliation
Post-settlement balance reconciliation across all vaults vs. cap table positions — discrepancy detection, exception queue, escalation routing5VaultLedger Audit
Every custody movement recorded to append-only SHA-256 hash-chained WORM ledger — SEC 17a-4 compliant, 6-year retention, examiner-accessible endpoint6Proof of Reserve
Chainlink PoR adapter publishes verified custody balances on-chain — auditors and investors can verify backing without trusting our representationsTransfer & Corporate Actions
1Transfer Request
Holder-initiated request: recipient identification, AML pre-check on receiving wallet/entity, policy engine pre-evaluation before queue entry2Restriction Check
Rule 144 holding period verification, lock-up agreement check, right-of-first-refusal notification workflow, affiliate status analysis3Recipient Qualification
Receiving investor KYC + accreditation status verification, suitability re-evaluation for the specific security, sanctions rescan4Transfer Execution
Cap table position update, on-chain XRPL/EVM token transfer, transfer agent notification, both ledger layers synchronized5Distribution Events
Dividend / coupon / yield distribution: record date snapshot, per-holder pro-rata calculation via Rust engine, multi-rail payment processing6Structural Actions
Splits, conversions, forced redemptions, mergers: cap table recalculation, token burn/mint, holder notifications, EDGAR 8-K coordinationAgentic Operations Layer
1Compliance Monitor Agent
Continuous surveillance of all investor records — flags expired KYC, accreditation, or sanctions rescan overdue — auto-generates review cases2Settlement Reconciliation Agent
Polls custody wallet balances post-settlement, compares against expected positions, auto-raises exception tickets on discrepancy > threshold3Regulatory Filing Agent
Watches offering milestones — auto-generates Form D amendment drafts, blue sky renewal reminders, and EDGAR filing schedules4Investor Communication Agent
Triggered by lifecycle events — subscription confirmations, funding instructions, allocation notices, distribution announcements, maturity notices5Yield Distribution Agent
Processes Chainlink Automation keeper signals — validates coupon dates, computes per-holder amounts in Rust engine, queues settlement transactions6Risk Scoring Agent
Continuously re-evaluates investor suitability and portfolio concentration relative to market conditions and updated financial profiles7Examiner Readiness Agent
On-demand export of trade blotter, audit trail, investor files, and cap table snapshot in SEC/FINRA examination formatActivate the operations layer for your firm
White-label deployment or full managed operations — both backed by the same compliance-enforced infrastructure.