01Any view
Interrupt the tour
Click or press a key anywhere inside the console while it is playing. The tour stops where it is and the console is yours; leave it alone for twelve seconds and it carries on, unless you pressed Pause.
Product demo
The same perimeter. Two perspectives.
The demo console plays itself through an issuance and a subscription. Click anything to take over, or go full screen for the whole app.
Illustrative · fictional data · no real settlement
Interactive console
Demo console
Step 1/8
Step 1/8Ready
The originator's desk. Every offering it runs, allocations in aggregate, and the perimeter's live activity.
Demo · illustrative · no real settlement
Pipeline
Issuance · Pipeline
Pipeline
Originator view · every offering the desk runs · allocations in aggregate
Demo · illustrative · no real settlementToggle the role above to compare views
Play, Pause, Replay and Full screen sit in the bar above the console. Escape leaves full screen.
Things to try
Five things worth clicking.
Nothing here can break and nothing is saved. Replay puts the console back the way you found it.
02Any view
Switch role
Use the role switch at the top of the console. The navigation, the screens and what that role is allowed to see all change with it.
03Originator
Publish an issuance
On Pipeline press + New issuance, give it a name, an asset class and a target size, then Publish offering. It joins the register as a new row.
04Investor
Subscribe to an offering
Open Browse offerings, pick a card and press Subscribe. The position turns up in Holdings.
05Investor
Move a position
On Transfers press + Initiate transfer, choose an instrument and an approved counterparty, then Confirm transfer. The row reads Recording… and then Settled.
What the app is
One ledger, read from two desks.
The originator desk is where a financial institution or arranger turns an asset it already holds into an instrument: it sets the terms, attaches the eligibility and transfer rules, publishes the offering to approved investors, and then services it — allocations, interest payments, redemptions and reporting — for as long as it is outstanding.
The investor portfolio is the other side of the same record. A qualified investor browses what they are eligible for, subscribes, holds or transfers to another approved holder, and watches cashflows arrive. Both sit inside one perimeter because that is what keeps them consistent: there is a single entry for each position, and the rules decide who may read it.
Originator sees
Holders
The full cap table of every instrument it issued.
Offerings
Its whole register: in roadshow, open, closing and closed.
Investors
Each approved investor and what they may be offered.
Lifecycle
Interest payments, redemptions and events across all its instruments.
Compliance
Every rule check run inside the perimeter, passed or blocked.
Reports
Statements generated from the ledger of record.
Investor sees
Holders
Its own positions only. Other holders are not shown.
Offerings
Only the instruments it is eligible to subscribe to.
Transfers
Its own transfers, to approved holders and no one else.
Cashflows
Payments due and received on its own account.
Documents
The papers behind the positions it holds.
Eligibility
The rules that apply to it, from its verified profile.
Who touches the record
Four parties, one set of entries.
The console lets you sit in the first two seats. The other two are why the perimeter exists: one enforces the rules, one can read the result.
01 · Originator
Structures and publishes
Drafts an issuance, sets the instrument terms and transfer rules, and publishes it to approved investors. Follows its pipeline, subscriptions and the lifecycle of everything it has issued.
02 · Investor
Browses and subscribes
Sees only the offerings it is eligible for, reads the documents, subscribes, then holds or transfers. Cashflows arrive against the holding, with the ledger as the record.
03 · Compliance
Checks before anything moves
Each subscription and transfer is tested against identity, eligibility and the rules the issuer set. A transfer to a party outside the perimeter cannot be started, let alone settled.
04 · Regulator
Reads the same ledger
Observer access to the perimeter: who holds what, under which rules, and the trail behind each event. There is no second reporting feed to reconcile against the first.
About this demo. Every name, institution, instrument and figure in the console is fictional. Nothing you do there settles, moves money or reaches the live environment, and none of it is an offer of securities.