Post-trade processing is where financial transactions are completed, yet it remains one of the most complex and risk-prone areas of capital markets. Fragmented systems, manual intervention, and inconsistent data models continue to delay settlement and increase operational risk. Tokenovate’s workflows address this by transforming post-trade processing into deterministic, automated, and standardised lifecycle execution across counterparties.
What are Tokenovate’s workflows?
Tokenovate’s suite of workflows are automated, API-delivered processes that manage the full post-trade lifecycle from trade matching and affirmation through to settlement. Built on the FINOS Common Domain Model (CDM), they standardise lifecycle events including resets, amendments, novations, corporate actions, market events, digital regulatory reporting (DRR), and transfers into a shared, machine-readable format.
By using CDM as the canonical data layer, Tokenovate ensures that all participants operate from a single, consistent representation of the trade. This removes semantic discrepancies between systems and enables interoperability across custodians, asset managers, and financial market infrastructures.
Each workflow executes deterministically. Once inputs are agreed, lifecycle outcomes progress in a predictable and auditable sequence. This replaces fragmented reconciliation processes with a synchronised view of the transaction, driven by a Unified Trade Record that acts as the authoritative state of the trade.
When obligations are validated, Tokenovate’s workflow service suite orchestrates settlement through the Novat protocol, where discrete settlement state objects are created, consumed, and extinguished in alignment with legal title transfer. This ensures atomic execution, prevents duplication, and provides a complete audit trail across both operational and legal layers.
Who uses Tokenovate’s workflows?
Tokenovate workflows are designed for capital markets participants including banks, asset managers, custodians, and financial market infrastructures.
- Operations teams benefit from automated lifecycle processing and reduced reconciliation effort.
- Compliance teams gain a consistent, CDM-aligned record of lifecycle events and reporting outputs.
- Technology teams integrate workflows through APIs without replacing existing infrastructure.
- Senior management gains improved control, reduced operational risk, and readiness for T+1 and future compressed settlement cycles.
Why use Tokenovate’s workflows?
The primary benefit is a single, synchronised view of the trade lifecycle. By aligning all participants to the same data and event model, workflows remove the need for post-trade reconciliation.
Automation reduces manual intervention, lowering error rates and settlement fails while improving operational efficiency.
Standardisation through CDM ensures alignment with industry definitions and legal agreements, enabling scalability across counterparties and jurisdictions.
Real-time coordination of lifecycle events supports accelerated settlement cycles, improving the movement of cash and collateral and enabling firms to operate effectively in T+1 environments.
Auditability is embedded at every stage. Each lifecycle event and settlement action is traceable to the underlying contractual terms, supporting regulatory reporting and internal governance.
Why this matters for T+1 and digital markets
The transition to T+1 settlement and beyond, alongside increasing regulatory scrutiny and the growth of tokenised assets, is placing significant pressure on existing post-trade infrastructure. Industry guidance highlights that automation, standardised data, and real-time processing are essential to meet compressed settlement timelines and reduce operational risk .
Legacy systems, designed for batch processing and multi-day settlement cycles, struggle to support these requirements. Without a shared data model and coordinated workflows, fragmentation persists, leading to delays, higher costs, and increased settlement failures.
Tokenovate’s workflows provide a standards-based foundation for modern post-trade infrastructure. By aligning lifecycle events, data, and settlement execution within a single framework, they enable deterministic processing, improved interoperability, and readiness for tokenised and real-time markets.
Enabling the future of post-trade infrastructure
Tokenovate enables capital markets firms to move from fragmented, manual processes to automated, standards-driven workflows. Through its workflow service suite, Unified Trade Record, and programmable settlement capabilities, firms gain the operational certainty required for T+1 and beyond.
This approach supports a more resilient, scalable, and interoperable financial market infrastructure, capable of meeting current regulatory demands while enabling the transition to tokenised and always-on capital markets.
To dig deeper download our workflows booklet >>> here.