Smart contracts
Selects a compliant contract template matched to the trade type and creates a smart digital legal contract to automatically execute the trade.
Trust, traceability, transparency
Tokenovate’s innovative programmatic lifecycle event management software integrates with existing trading platforms to deliver genuine end-to-end benefits by digitising the pre-trade to post-trade workflow. It consists of several core components that combine to fill the functional gap between legal contract formation and trade execution.
Platform
Paving the way for distributed financial market infrastructure
Tokenovate’s platform connects with existing financial trading infrastructure and paves the way for a digital financial market infrastructure future. It is also tightly integrated with ISDA® tools to underpin the automation of the standardised, proven trading process with the strength, efficiency and security associated with the blockchain.
Rules Engine
At the heart of Tokenovate’s platform is a unique and sophisticated rules engine - a "state machine" that manages complex logic that automatically validates trades, selects an approved smart derivative contract template matched to the trade type, and manages the trade execution and any subsequent business events.
Our powerful rules engine incorporates and adheres to ISDA® standards, incorporates ISDA® CDM® and supports FpML.
Our powerful rules engine incorporates and adheres to ISDA® standards, incorporates ISDA® CDM® and supports FpML.
Blockchain
Tokenovate’s platform incorporates distributed ledger technology (DLT) as a key component.
A blockchain is intrinsically secure and immutable, with information stored in blocks, which are interlinked, thus forming a chain of blocks.
A blockchain is intrinsically secure and immutable, with information stored in blocks, which are interlinked, thus forming a chain of blocks.
Secure and Immutable
All records are individually encrypted and any validated record is irreversible and cannot be changed.
Fully Transparent
Smart derivative contracts self-report all transactions autonomously to regulatory agencies and all involved parties, with a full audit trail.
Turing Complete,
Compute Functions
Smart contracts execute directly on the blockchain, without any dependency on off-chain, 3rd party servers that can expose security issues.
This chain-structure produces an irreversible timeline of data. When a block is filled, it is set in stone and becomes a part of this timeline. Each block is given an exact time stamp when it is added to the chain. Different types of information can be stored on a blockchain, but the most common use is as a ledger for transactions.
...This chain-structure produces an irreversible timeline of data. When a block is filled, it is set in stone and becomes a part of this timeline. Each block is given an exact time stamp when it is added to the chain. Different types of information can be stored on a blockchain, but the most common use is as a ledger for transactions. Transactions that form part of the trade lifecycle are signed and secured by the Principals and the platform to provide an indisputable record. The transaction formed on the blockchain is irreversible, as once signed by one party the other party can’t alter details without invalidating the contract.
Transactions that form part of the trade lifecycle are signed and secured by the Principals and the platform to provide an indisputable record. The transaction formed on the blockchain is irreversible, as once signed by one party the other party can’t alter details without invalidating the contract.
APIs
Tokenovate’s platform is based on a cloud-first architecture, integrating with third parties via secure, customisable REST APIs.
Console
Manage how you use the Tokenovate platform via our web-based, feature-rich Console application.
Key functionality include:
Key functionality include:
Dashboard
Intuitive and powerful dashboard allows you to access the information you need, when you need it.
Access Management
Manage all permissions for users centrally so you always are in full control, and provide users with exactly what they need to see.
Reporting
Generate accurate, compliant and timely reports (DRR) of the events that matter.
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