_INVESTING/

Nominee accounts with per-investor truth

Track every investor's cash and holdings inside pooled nominee accounts: orders, settlement, dividends, and fees, all on one auditable record.

Book a demo Start building

order

execution

settlement

custody

_TRUSTED BY TEAMS MOVING MONEY/

_THE PROBLEM/

Pooled accounts, individual promises

Every investor's statement is a claim you must be able to prove.

Client money and assets pool in nominee and omnibus accounts at custodians and brokers, while each investor expects an exact position. Orders settle T+2, dividends fan out across thousands, and CASS-style audits ask for proof your database cannot give.

Client money pools at brokers and banks with per-investor attribution living in app code.

Order execution and T+2 settlement drift apart, and cash appears or vanishes for days.

Dividends, splits, and fees fan out across thousands of investors in batch scripts.

Client-money audits demand point-in-time segregation proofs that take weeks to build.

_PROOF/ Shares runs its investing infrastructure on Formance, attributing pooled positions per investor.

_FLOW OF FUNDS/

From order to settled holding

Cash reserved at order, holdings posted at settlement, attributed throughout.

An order reserves the investor's cash, execution converts it into a pending position, settlement posts the holding, and corporate actions fan out atomically, with the nominee account sub-ledgered per investor at every step.

client-money segregation

ordercash reserved

executionpending position

settlementholding posted

custodynominee, sub-ledgered

_CAPABILITIES/

The primitives investment platforms need

Built on the open-source Formance ledger.

Sub-ledgered nominee accounts, settlement-aware order flows, and atomic corporate actions, composed for retail investing.

_NOMINEE SUB-LEDGERING/

Per-investor cash and holdings inside pooled nominee and omnibus accounts, exact at any timestamp.

per-investor attribution

_ORDER & SETTLEMENT FLOWS/

Reserve, execute, settle: T+2 timing modeled explicitly, so cash and positions never silently disagree.

settlement-aware

_CORPORATE ACTIONS/

Dividends, splits, and fee sweeps posted atomically across every affected investor in one operation.

atomic fan-out

Read the Numscript docs

_CUSTODIAN RECONCILIATION/

Match broker and custodian statements against the ledger continuously; client-money reports reproduce for any date.

audit-ready

_BY THE NUMBERS/

Investing-grade, by design

position attribution100%nominee · per investor

settlement modeledT+2explicit · per market

corporate actionsatomicall investors · one op

client-money proofsany datepoint-in-time · reproducible

_NUMSCRIPT/

A dividend fans out atomically

Thousands of investors, one auditable operation.

A dividend arrives at the nominee account and distributes to every holder pro-rata in one atomic posting: no batch script, no partial state, full audit trail.

dividend.num

// Distribute a dividend across investors, net of fee
vars {
  monetary $dividend
}

send $dividend (
  source = @nominee:income
  destination = {
    0.5% to @platform:fees
    remaining to @investors:eligible
  }
)

// @investors:eligible fans out pro-rata
// to each holder's cash account

_VOICES/

Trusted by builders

“Formance enabled us to ship new lending products faster by providing a customizable foundation that let us reliably express the complexities of our flow of funds.”

Embedded finance · reconciliation across 14 countries

See customer story

“Formance is the foundation of our Financial OS, the open-source approach lets us retain control over this key component.”

Healthcare · Financial OS

“Formance helped us kick off our move into fintech, with robust infrastructure and intuitive developer tooling.”

Benefits · fintech infrastructure

_TRUST/

Built for regulated money.

Enterprise controls, the certifications auditors ask for, and an immutable record, out of the box.

See our trust center

THE COMPLIANCE STACK

IAM, RBAC & SSO

Non-repudiation

Audit logs

Observability & monitoring

Real-time events

Admin console

_AUDIT-LOG/ NON-REPUDIATION

09:41:07Z AUDIT gateway POST /api/ledger/v2/main/transactions 200 sub:ops@acme.io

09:41:09Z LOG id:4093 NEW_TRANSACTION ledger:main

09:41:12Z LOG id:4094 SET_METADATA ledger:main

09:41:15Z LOG id:4095 REVERTED_TRANSACTION ledger:main

09:41:18Z AUDIT gateway GET /api/ledger/v2/main/logs 200 sub:audit@acme.io

CERTIFICATIONS

AICPA SOC IICERTIFIED

ISO 27001CERTIFIED

DORACOMPLIANT

REGULATORY FRAMEWORKS

EMIFCAMTLNYDFS Trust CharterOCC CharterMiCAGENIUS

_ATTESTED/

_RESOURCES/

Keep going

Everything you need to evaluate and build on Formance.

_DOCS/

Read the documentation

Architecture guides, the Ledger and Connectivity references, and step-by-step quickstarts to ship in days.

_NUMSCRIPT/

Try Numscript

Model any flow of funds as deterministic, auditable transactions. Experiment live in the playground.

_STORIES/

Customer stories

See how fintechs, marketplaces and platforms run money movement on Formance in production.

FAQ

Investing infrastructure, answered

01 / HOW IS CLIENT MONEY SEGREGATED?

Client cash lives in segregated account trees sub-ledgered per investor, reconciled continuously against the banks and brokers that hold it, provable for any date.

02 / WHAT HAPPENS BETWEEN EXECUTION AND SETTLEMENT?

Pending positions are explicit: cash is reserved at order, the position posts as pending at execution, and settlement converts it; nothing appears or vanishes.

03 / CAN FRACTIONAL SHARES BE TRACKED?

Yes: assets are ledgered with configurable precision, so fractional holdings carry the same double-entry guarantees as whole units.

04 / HOW DO YOU HANDLE MULTIPLE BROKERS AND CUSTODIANS?

Statements normalize into one schema and reconcile against ledger state continuously: one investor position across every venue, one audit trail.

_GET STARTED/

Positions you can prove, investor by investor

See how Formance fits your investing stack: book a demo or start building.

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