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UNYKORNOperating layer

Trust centre

Controls that stand up to operational and examiner review.

The diligence answers, stated plainly, including the ones that are limits rather than features. A vendor questionnaire should be answerable from this page.

Custody · held at a qualified custodian, never by us
Custody · held at a qualified custodian, never by us

What we do not do

Read this first. It is shorter than the capability list and it decides most questions.

We are not
A broker-dealer

Not registered with the SEC, not a FINRA or SIPC member. BD and ATS functions are performed by unaffiliated registered firms.

We are not
A custodian

We never hold client keys or client fiat. Assets sit at a qualified custodian; cash sits in escrow at the settlement bank.

We are not
A lender

We never lend our own balance sheet, never front costs, never guarantee performance and never take first loss.

Control matrix

Procedure, the regulated gate, who approves, what evidence is retained.

ProcedureRegulated gateApproving roleEvidence retained
OPS-01 IssuanceFiling; closing allocationRegistered principalDocument hashes, filing confirmations, allocation computation
OPS-02 QualificationCase decisionCompliance officerVerification results, screening hits, suitability score, decision record
OPS-03 SubscriptionPre-allocation reviewCompliance officerExecuted documents, payment match, compliance snapshot
OPS-04 SettlementThreshold approval1, 2 or N-of-M officersHash-chained ledger entry per movement, reconciliation result
OPS-05 TransferRestriction clearance; structural actionsCompliance officer; principalRestriction analysis, recipient qualification, dual-ledger references
OPS-06 AutomationNone — no authorityn/aAgent identity, input snapshot, artefact, and the operator who acted

Security posture

Stated as posture, not as certification. We claim no certification we do not hold.

Key management

Segregation by construction — the platform never holds signing keys. Custodian API access is per-request RS256 JWT signed, scoped per vault role, with twelve roles separating initiation, approval and view.

Evidence integrity

Append-only, SHA-256 hash-chained, write-once. Six-year retention. Any gap or reordering in the chain is detectable and is itself an exception.

Access control

Role-based, tenant-isolated, least privilege. Approval authority is held by named people in your firm, not by shared accounts and not by us.

Change control

Policy versions are recorded on every decision, so a decision can be replayed against the rules as they stood at the moment it was made — not as they stand today.

Automation boundary

No automated component holds approval, execution or filing authority. This is enforced in the policy engine, not by convention, and the boundary is visible in the evidence record.

Incident model

Exception queue first, escalation second, disclosure third. Reconciliation discrepancies above threshold stop the affected workflow rather than netting silently.

Third parties

Who touches what. A subprocessor list is part of diligence, not an afterthought.

FunctionCategoryData exchangedIf it fails
Identity verificationKYC vendorGovernment ID image, liveness capture, match resultQualification queue holds; no fallback to self-certification
Entity verificationKYB vendorEntity name, EIN, registry and UBO dataManual review case raised to compliance
AccreditationVerification providerIncome, net worth or licence evidence, expiry date506(c) offerings block; 506(b) may proceed on reasonable belief
Sanctions and AMLScreening vendorName, DOB, jurisdiction, wallet addressHard stop — no transaction proceeds unscreened
CustodyQualified custodianVault instructions, balances, transaction referencesSettlement halts; positions and evidence unaffected
Proof of reserveOracle networkAttested balances published on-chainAttestation staleness surfaces on the page; balances still reconcile internally

Examiner readiness

On request, the platform exports the trade blotter, the full audit trail, investor files and a cap table snapshot in examination format, scoped to a date range and an offering. The export is generated from the same append-only record the workflows write to — there is no second system to reconcile it against, which is the point.

Read the operating procedures →