Configuration & control

An enterprise-grade engine you can tune to your policy.

Most of accounting is the same for everyone. The parts that are not are where regulatory, legal and tax requirements diverge, and where a fund needs control rather than a vendor default.

Three levers give you that control, and none of them changes the underlying engine. Configuration is set with you during onboarding, so the result reflects your policy rather than a default you have to live with.

Pricing: how each position is valued

Your valuation policy is written down here. By default we value each movement as of its own transaction. See position pricing for the detail.

You can supply your own private or proprietary feeds, and we blend independent sources for coverage and cross-checks. Where your policy or your auditor requires a specific source for a given asset, we use that one.

Where no market price exists at all, for an illiquid, bespoke or brand-new instrument, we build a custom pricer. The position gets a defensible mark rather than a par value or a blank.

Two funds holding the same token can be required to value it differently, and the choice moves reported performance. You make that choice here.

The security master: what each instrument is

Your classification policy lives here. Instruments get treated as an asset, a liability, income, or noise to be filtered out, such as spam and dust.

Classification is a regulatory, legal and tax question, and the answer can differ by jurisdiction and by entity. Define a bespoke or newly issued token once and it carries that answer everywhere it appears, on every venue and chain the fund touches.

Parsers: how each protocol is booked

Your fund’s tax position decides this one. A deposit into a protocol can be booked as a transfer of the same asset, carrying cost basis through, rather than as a taxable sale. It can also be a swap of a basic token against a vault token. Protocol mechanics and your tax position decide which reading applies. See double-entry from chain data for how a parser reads an economic action.

For anything bespoke or unsupported, a custom parser is built and that protocol is booked consistently from then on. The long tail of protocols is exactly where other tools break.

Why the three sit together

One engine, three levers, one set of books. Pricing decides what a position is worth, the security master decides what it is, and the parser decides how it got there. Change one and the other two still hold, which is what makes this an enterprise offering rather than a one-size-fits-all tool.