35-65%
post-trade cost reduction once tokenised settlement reaches scale
WEF & Accenture, May 2025
40+
institutions now in MAS Project Guardian, with live use cases
MAS · industry reporting
24/7
market hours and wallet-based custody, against end-of-day books
Operating reality
1 model
for consolidated risk and reporting across all asset classes, now a supervisory expectation
APAC & EU regulators
Separating the digital book feels like prudent risk management. In practice it creates a parallel universe of breaks: on-chain positions invisible to core risk systems until someone reconciles them by hand, smart-contract coupons that hit the wallet before the corporate actions team sees the event, and a client statement that cannot show both worlds at once.
The firms getting this right did not build the best crypto desk. They extended the operating framework they already had, and treated digital assets as a first-class asset type from day one.
On-chain balance, off-chain book
Assets sit on several chains
The smart contract pays first
Atomic settlement, batch books
Two reports, stitched together
Manual workarounds feel fine at low volume
Smart-contract clearing and settlement for tokenised instruments, near real time.
On-chain and off-chain records matched automatically across ledgers and participants.
Immutable audit trail and consolidated regulatory reporting from one data model.
Multi-ledger interoperability through one API layer, so you are not locked to a chain.
Smart-contract-initiated events recognised and processed, not discovered.
One client statement covering tokenised and traditional holdings.
Conventional and atomic paths for the same underlying asset, by counterparty.
One exception queue whether the break came from a SWIFT message or a wallet.
A single position layer for all long and short exposure, however it settles.
Smart-contract clearing and settlement for tokenised instruments, near real time.
Conventional and atomic paths for the same underlying asset, by counterparty.
Multi-ledger interoperability through one API layer, so you are not locked to a chain.
On-chain and off-chain records matched automatically across ledgers and participants.
One client statement covering tokenised and traditional holdings.
Smart-contract-initiated events recognised and processed, not discovered.
Immutable audit trail and consolidated regulatory reporting from one data model.
One exception queue whether the break came from a SWIFT message or a wallet.
A single position layer for all long and short exposure, however it settles.
New instrument types are onboarded by configuration, not a bespoke integration project - a tokenised fund, a carbon credit, or an asset class that does not exist yet.
01
Service tokenised flow on the platform already running your traditional book.
02
The same operations function handles an equity corporate action and a tokenised redemption.
03
Consolidated risk and reporting across all asset classes, from a single data model.
04
Integration built while volumes still forgive iteration, not under competitive pressure.
05
Onboard the next asset class without a custom development project.
We will map your traditional and tokenised flows onto a single operating model and show where the seams are today.