05 / Operating Model

Risk Processing Architecture

From raw data to independently verifiable output.

PROCESS TRACELIVE

[01] DATA INTAKEOK

Venue normalization

[02] RISK ENGINEOK

VaR

[03] POLICY LAYEROK

Limits engine

[04] OUTPUT LAYEROK

Keystone IC Pack generation

[05] VERIFICATIONACTIVE

Independent review

LAST SYNC --:--:-- UTC

01Data Intake

Venue data normalized and validated at ingestion. Binance is live; further venues in development.

Venue normalizationSchema validationRead-only ingest

02Risk Engine

Computation of exposure, leverage and VaR across all positions, on each scheduled run.

VaRExposure aggregationConcentration

03Policy Layer

Deterministic limit evaluation and breach detection, with every check and limit change recorded.

Limits engineBreach detectionAppend-only audit trail

04Output Layer

IC-ready outputs generated directly from system state, backed by evidence bundles.

Keystone IC Pack generationLedger-sourced dataEvidence bundle

05Verification Layer

Independent validation via evidence-backed outputs, audit trails, and deterministic replay.

Independent reviewEvidence ledgerDeterministic replay