Settlement Orchestration

Novat

Programmable, instant DvP settlement with real-time finality.

Our Novat workflow uses programmable tokens to coordinate atomic Delivery versus Payment, synchronising the transfer of assets and payments instantly on blockchain or DLT-based settlement platforms within Tokenovate’s platform. By ensuring both legs of a transaction complete together, Novat delivers deterministic settlement finality and supports real-time post-trade execution.

Traditional Settlement Processes Create Delays

Traditional settlement processes rely on sequential handoffs across multiple intermediaries and systems, creating latency, operational complexity, and prolonged counterparty exposure. This delay ties up liquidity, increases capital costs, and introduces settlement risk, particularly in markets pushing toward compressed settlement cycles. Atomic execution is a key component to achieving true T+0 settlement and scalable tokenised asset mobility.

 

Value Delivered:

  • Executes atomic Delivery versus Payment, eliminating settlement timing risk and counterparty exposure.
  • Accelerates settlement to real-time finality, enabling faster liquidity release and lower operational costs.
  • Supports programmable settlement aligned with existing infrastructure, enabling T+0 readiness and future market models.

FAQs

Novat uses programmable tokens to coordinate Delivery versus Payment (DvP). In traditional systems, the asset and the payment move at different times through different intermediaries. Novat synchronises these two “legs” so they complete simultaneously on a blockchain or DLT-based platform. This “atomic” nature is crucial because it ensures that one side of the trade cannot fail while the other succeeds, effectively eliminating settlement timing risk and counterparty exposure.

Yes. While traditional markets often struggle with the latency of sequential handoffs, Novat is designed for real-time finality. By removing the need for multiple intermediaries and manual reconciliations, it enables true T+0 readiness. This allows for the instant release of liquidity and significantly reduces the capital costs associated with prolonged settlement windows.

No. One of Novat’s primary value propositions is its ability to support programmable settlement aligned with existing infrastructure. It is built to bridge the gap between current market operations and future DLT-based models, allowing firms to adopt scalable tokenised asset mobility without abandoning their current foundational systems.

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