Trading and custody operators face the same two failure modes: a misbehaving system that breaches a limit, and a regulator-visible incident with no defensible audit trail. The Trading Risk Co-Processor enforces position and exposure caps in hardware. The Crypto Custody Co-Processor binds key material to a tamper-evident signing path. Forensic replay falls out of both.
The Trading Risk Co-Processor reads orders before they reach the venue, enforces position and exposure limits in silicon, and emits a hash-chained receipt for every accept, reject, and amend. The Custody Co-Processor wraps the signing path the same way. Both feed a Forensic Replay Service the auditor and the insurer can ingest.
Hardware-enforced position, exposure, and rate-limit gating in front of any order router. Software cannot override silicon. Same hardware-attested enable line that gates kill chains and grid-tie inverters.
Patent 7 analog mixer plus DECC FPGA. Hardware-bound signing path with admissibility gating, N-of-M policy enforcement, and tamper-evident decision chain. $1.2B custody co-processor TAM.
Cash management, sweep, and rebalance flows gated against declarative treasury policy. Receipt-bound execution for audit and finance-team review.
Standalone forensic replay product. Reconstructs the full decision chain for any trading or custody event. Insurer-grade ingest format. Underwriting evidence the carrier can price against.
Wash-trade, market-abuse, and restricted-list checks at the hardware boundary. Receipt-bound reject and amend. Tamper-evident evidence for regulator examination.
Hash-chained settlement evidence. Forensic replay for break investigation. Audit packets for prime, custodian, and regulator workflows.
Hardware-attested transfer authorization for cold and warm tiers. N-of-M signature policy bound to device fingerprints. Audit-grade ledger for examiner review.
Receipt-bound operational risk telemetry. Forensic Replay Service ingest for D&O and operational-risk carriers. Underwriting evidence the insurer can price against.
Read-only Federal Audit Console skin for second-line risk, internal audit, and regulator workflows. Continuous monitoring instead of point-in-time review.
Hardware-enforced position, exposure, and rate-limit gating. $80M ARR target across 300 prop shops at a $250K average annual contract. Read-only integration with existing order routers.
Designed and ready for build. 4-week effort. Patent 7 analog mixer plus DECC FPGA. $1.2B custody TAM. Custody-partner conversations open under NDA.
Designed and ready for build. 3-week effort. Standalone forensic replay for trading, custody, and operational risk. $200M AI liability insurance TAM. White-label tier available.
whl-governance v0.2.0 plus the 12.77 ms hardware-in-the-loop enforcement path. Embeddable in any pre-trade gate, treasury workflow, or custody signing pipeline.
Custody partnership conversations open with digital-asset custodians and prime brokers. Trading risk conversations open with prop-trading operators on a read-only integration basis. Forensic Replay Service available as a standalone deployment for insurer and audit-team ingest.