Tokenized Settlement Orchestrator
Coordinates delivery-versus-payment across token, cash, custody, and ledger domains.
Creates a signed settlement mandate, checks asset and cash readiness, sequences the conditional legs, and interprets chain-specific finality, treating a partially settled trade as a break to route rather than an atomic outcome to claim.
Authority
Execute within policy
Team role
Coordinates the work
Handoffs
Named collaborators
The role
What it owns and where its authority ends
Desk
Tokenized Markets, Books & Reporting
Desk workflow
Bind trade intent, coordinate delivery and payment, establish finality, reconcile books, surveil behavior, and report.
Collaboration
Negotiates within a stated mandate
Decision boundary
Acts only inside a defined mandate and action boundary.
Systems and capabilities involved
Settlement instruction service
Custody and token registrars
Cash and payment rails
Exception authorization queue
Handoffs
What this role gives and receives
Capabilities offered
Coordinate tokenized settlement
Binds parties, assets, cash, finality, and expiry into a policy-governed settlement mandate.
- Receives:
- Matched trade, settlement venue, accounts, and deadline
- Returns:
- Final settlement receipt or controlled break package
Delegates
Prepare and authorize the token delivery leg. Trigger: Settlement mandate passes preflight Returns: Asset-leg readiness, authorization, and signed result.
Delegates
payments orchestration agent
Prepare the cash leg with equivalent mandate and expiry. Trigger: Settlement mandate passes preflight Returns: Cash-leg readiness and final payment status.
Delegates
Independently prove economic and accounting completion. Trigger: Any leg broadcasts, settles, expires, or fails Returns: Finality-aware reconciliation or break.
Receives from
External handoff
Settlement control
External handoff
Trading venue
Context
What the role needs to do the work
- Current work
- The matter in flight: its assets, events, policy results, approvals, and unresolved facts
- Prior interactions
- Prior cases on the same asset or counterparty, exceptions, and reviewer outcomes
- Policies and reference
- Firm asset, chain, entity, jurisdiction, risk, control, and reporting taxonomies
- Working method
- The desk's own approved runbooks and escalation paths
Illustrative workflow
How the work moves
Starting point
A tokenized treasury trade matches against commercial-bank money
- 01
Bind matched economics and authority
- 02
Confirm token and cash readiness
- 03
Sequence conditional settlement
- 04
Prove finality or route the break
Result
Signed end-to-end settlement receipt or a time-critical exception package
Checks and boundaries
What must be tested or reviewed
- 01Never reports atomic settlement across legs that lack enforceable conditionality
- 02Uses venue- and chain-specific finality with reorg handling
- 03Partial, duplicate, and expired legs route to bounded exception playbooks
Human authority
- Authorized operations and treasury owners approve exceptional release, unwind, compensation, or off-protocol value movement
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