Trust, traceability, transparency

Tokenovate’s innovative programmatic lifecycle event management system 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.

$40bn

VCC trading value forecast in 2030 (BCG 2022)

$632tn

The notional value of outstanding OTC derivatives (BIS 2022)

Platform

A platform for distributed financial market infrastructure

Tokenovate’s platform connects with existing financial trading infrastructure and paves the way for a distributed 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.

Console

Manage how you use the Tokenovate platform via our web-based, feature-rich Console application. 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.

Rules engine

At the heart of Tokenovate’s platform is a unique and sophisticated rules engine; a "state machine" managing complex logic that automatically validates trades, selects an approved trade template matched to the trade type, and manages the trade execution and any subsequent business events.

Smart digital contracts: Selects a compliant contract template matched to the trade type and creates a digital contract to automatically execute the trade.
Trade validation: Real-time validation of acceptable trade instruments and assets classes.
Error handling and reporting: Embedded DRR capabilities and a state machine monitoring and validating events, responding to changes in a trade’s status.

APIs

Tokenovate’s platform is based on a microservices architecture, integrating with third parties via secure, customisable REST APIs.

Programmatic APIs: Support for both FIX and FpML message handlers.
Automate tasks: Reduce manual efforts to improve overall service.
DRR trade reporting: Automated event and lifecycle trade reporting.

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.

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.

Secure and immutable: All records are individually encrypted and any validated record is irreversible and cannot be changed.
Fully transparent: Self-reporting contracts with all transactions autonomously reporting to regulatory agencies and all parties, with a full audit trail available.
Turing complete, compute functions: Contracts execute directly on the blockchain, so there's no dependency on off-chain, 3rd party servers that can expose security issues.

Digitised assets

Digital twins and programmable templates

Digitisation of an asset can take the form of a digital token or a smart contract. Both can represent the original asset to express its economic value. A digital token is best thought of as a “digital twin”; a digital expression of the underlying asset which creates a parallel workflow to the original asset. A programmable smart contract is a series of digital contract templates, capable of autonomous functions, programmed with commercial, legal and operational logic to undertake an obligation.

Tokenovate’s digital asset solutions are pre-built programmable lifecycle contracts ready for use by legal, finance, compliance and trading teams to represent your hedging and risk requirements.

Voluntary carbon credits

Trading Voluntary Carbon Credits (VCC’s) is a recognised mechanism that allows individuals and companies to invest in environmental projects that contribute to reducing the amount of CO₂ in the atmosphere.

Improve social livelihoods and biodiversity, clean water and air quality while balancing peoples’ carbon footprints.

Support for both voluntary and compliance markets.

Access both spot and derivative products.

Interest rate derivatives

Our interest swap solutions help financial institutions manage interest rate risk. With our powerful platform, customers can customise their interest rate swaps and hedge against interest rate fluctuations. Our cutting-edge technology offers efficiency and transparency, ensuring optimal risk management.

Provides a digitised alternative to traditional interest rate hedging products.

Enables customisation of interest rate exposure management.

Offers greater flexibility in terms of tenor, currency and underlying benchmark rates.

Get in touch

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