Neutral coordination infrastructure for institutional repo
One workflow institutions operate above their existing custody and settlement rails. Bilateral general collateral, overnight and short-tenor — coordinated, evidenced, and reconciled, without replacing the infrastructure you already run.
Bilateral repo still runs on fragmented relationships and manual process. The terms align long before the trade can be executed.
Bilateral relationship fragmentation across counterparty networks.
Manual request-for-quote across chat, phone, and email.
Custodian and settlement incompatibility between willing counterparties.
Operational cutoffs that close late-day funding even when terms agree.
Reconciliation carried by hand across disconnected systems.
Compatible funding goes unexecuted because the operational path doesn't line up.
Link is one canonical workflow that institutions operate to coordinate a bilateral repo from request through closeout.
Custody, settlement, and balance sheet stay exactly where they are. Link coordinates the lifecycle that runs between them — evaluating compatibility, locking the agreed execution path, and evidencing every transition. It does not sit in the middle of the trade, and it asks no participant to change how they hold or settle.
Reach counterparties whose eligibility, control, and settlement preferences already align with yours — inside your existing controls, without widening your operational footprint.
Eligibility, exposure limits, haircuts, and execution preferences are enforced at the point of coordination — not discovered and reconciled after the fact.
Fewer touches, fewer missed cutoffs, fewer exceptions, and a reconciliation burden that shrinks instead of compounding across systems.
Deterministic lifecycle state and audit-grade evidence across the full trade, with explicit, documented boundaries on what the platform does and does not do.
A single canonical path every trade follows. The operational route can differ by counterparty; the workflow and its controls do not.
Shared infrastructure works when no participant controls it.
Link holds no balance sheet, takes no principal position, and competes with none of its participants. It sits above your custody and settlement rails — and replaces none of them.
Assets stay where they are held today.
Settlement runs on the rails already in use.
The coordination layer above both — operated by Aurelian, owned by none.
This is the tradition of neutral market infrastructure — coordination the market relies on precisely because it is owned by none of them. Link is not network infrastructure or node provision; it is the coordination layer where lifecycle authority lives.
The boundaries are deliberate, and they are part of the design.
Not a central counterparty
No novation. No risk mutualization.Not a custodian
Assets stay with your qualified custodian.Not a settlement network
Settlement remains on your existing rails.Not a principal
No balance-sheet position in any trade.Not a legal-agreement replacement
Your master agreements continue to govern.Not node or network provision
The coordination layer, not the plumbing.Link coordinates. It does not intermediate, custody, settle, or guarantee. Everything the platform does is bounded by what it explicitly is not.
Link is built to coordinate across the infrastructure institutions already operate — without requiring any participant to migrate, re-platform, or change how they hold or settle.
Detailed architecture and integration material is available under confidentiality to qualified institutions, brokers, and ecosystem partners.