How DerivaTrust Works
For Instrument Owners
DerivaTrust makes it easy to create an anonymous, "virtualized" version
of any financial instrument sitting in your book and upload
the same -- for free -- to our online app community, enabling the continuous expansion of your network for future deals by leveraging the power of targeted online social networking.
Just
download our free application development toolkit (ADK) and it
will walk you through a step-by-step process as you create
a self-contained app that has the information you want to
share with the broader markets. No more and no less. You
can insert PDF files, Word documents, and Excel
spreadsheets, as well as specify key words or select from pre-formatted categories describing
the type and size of the instrument to help interested parties (new counterparties, prospective clients)
search for and identify your asset. And there is no need to
share your identity, allowing you to share the existence of
your asset with the markets without disclosing your
particular position.
And to ensure that the virtualized contract app is only being reviewed in a particular
jurisdiction or by an accredited person, users input their
"access criteria" into the ADK during the app creation process.
Once uploaded, the virtualized contract app can be
reviewed by interested parties (new counterparties, prospective clients), and if they wish to enter
into a dialogue with your desk can send you secure and
anonymous (or if they choose, non-anonymous) e-mail
messages via the DerivaTrust secure e-mail server which
will make sure the message goes to you without disclosing
your identity to the sender. If you then choose to reply,
you may either disclose your identity or not -- thereby
enabling a bi-lateral anonymous dialogue to develop until
such time as one or more of the parties wish to disclose
their identities (or that of their agents) for further private
negotiations and settlement outside of DerivaTrust.
For Instrument Seekers
Any institution or accredited individual may search the
DerivaTrust hosting platform for uploaded virtualized contract app at any time and for free. They simply register
with DerivaTrust as a system user and are assigned a user
name and password to ensure their own secure and anonymous
communications going forward. Thereafter, they may download
any such community apps and review the same if they can
confirm that they are a member of the intended audience
class (resident in a permissive jurisdiction, member of a
credentialed profession, etc.). Once reviewed, they may
make anonymous or non-anonymous inquiries of the app
creator (the owner of the instrument in question) and
initiate a peer-to-peer discussion via the DerivaTrust
secure e-mail server at no charge. Should the app creator
wish to respond, they will do so either anonymously or
non-anonymously via the DerivaTrust secure e-mail server,
or through non-DerivaTrust communication channels (phone,
fax, other e-mail systems, etc.).
End Result
By enabling the anonymous publication of exotic instruments
to accredited and authorized parties, DerivaTrust
facilitates the "discovery" of such instruments by
potentially interested parties and enables these same
parties to engage in initial anonymous and secure
communications to ascertain whether more meaningful "next
level" discussions are merited. DerivaTrust at no time
makes inquiries as to the qualities or characteristics of
these virtualized contract apps, nor does it seek to
opine on the merits of resulting discussions. DerivaTrust
merely maintains the community for hosting the apps and
for providing secure, confidential, and if required,
anonymous communications between the parties.
To better appreciate the process flow of the DerivaTrust system please feel free to review the short video tutorial
herein.