Docs/Institutional Settlement/Settlement Node and Adapter Framework

Settlement Node and Adapter Framework

Production Track

Settlement execution is abstracted behind adapters so institutions can map to their required rails.

Objective

Enable deterministic settlement orchestration while allowing environment-specific connector implementations.

Adapter Abstraction

Settlement adapters implement standardized execution contracts for external rails and internal booking systems.

Adapters must report execution evidence back into receipts and worldline records.

Mode Support

Supports synchronous and asynchronous settlement modes with clear handoff semantics.

Asynchronous flows require explicit pending states and finalization callbacks.

Failure Handling

Retries, compensating actions, and operator escalation are governed by adapter policy definitions.

No adapter may bypass commitment audit requirements or evidence emission.

Production Checkpoints

  • Adapter contracts include deterministic status mappings
  • Pending settlements reconcile to final state
  • Failure paths preserve audit trail continuity
  • Settlement events remain queryable by institution and cycle

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Institutional Settlement