Ecosystem Map

The Atlas portfolio inside the wholesale capital markets stack

Fifteen agentic platforms and eight mapped gaps, positioned against the banks, market infrastructure and oversight bodies they actually plug into — from client origination down through execution, clearing and settlement, to compliance and the data underneath it all.

Layer 1 — Front OfficeLayer 2 — Post-Trade & CollateralLayer 3 — Compliance & Fin. CrimeLayer 4 — Data BackboneMapped gap — not builtExternal ecosystem

Reading note: the layer order below (front office → post-trade → compliance) is Atlas's own internal architecture, not real-world sequencing. In practice, Covenant (Layer 3) runs KYC/CDD and clears a client before Zenith or Argentic can trade with them at all — compliance gates entry into Layer 1, it doesn't just review what happened after.

External

Client, counterparty & origination side

Institutional Investors & Asset Managers

Pension funds, insurers, mutual & sovereign wealth funds

Corporates & Treasuries

FX, trade finance and lending counterparties

Private Banking & Wealth Clients

UHNW individuals, family offices, trusts

Hedge Funds & Alternative Managers

Prime brokerage and execution clients

Peer Banks & Syndicate Partners

Co-lenders, OTC counterparties, correspondent & competing banks

orders, mandates & capital flow down into front-office platforms — client reporting & performance flows back up

L1

Front Office & Client Channels

Trading, lending, treasury and advisory desks that originate business

ZenithLive

Cross-asset trading, risk & settlement

ArgenticLive

Front-to-back wealth management

TrancheLive

Syndicated & complex lending

AzendLive

AI hedge fund strategies & risk

Core BankingGap

Deposits, accounts & payment rails

OMS / EMSGap

Order & execution management

Treasury & ALMGap

Balance-sheet funding & liquidity

Best-Ex & TCAGap

Execution quality & cost analysis

Trade FinanceGap

Letters of credit, supply-chain finance

Digital Asset CustodyGap

Crypto custody, settlement & trading

→ connects to

Exchanges & Trading Venues

LSE, NYSE, Deutsche Börse, Euronext, CME

MTFs, ATSs & Interdealer Brokers

Off-exchange & voice-brokered liquidity

orders, mandates & capital flow down — client reporting & performance flow back up

→ connects to

CCPs — Central Counterparties

LCH, ICE Clear, Eurex Clearing

CSDs — Central Securities Depositories

Euroclear, Clearstream, DTCC

Custodian & Correspondent Banks

BNY, State Street, Citi, HSBC

Tri-Party & Collateral Agents

Cross-margining & inventory pooling

FX Settlement Infrastructure

CLS Bank — PvP settlement for FX legs

trades, positions & cash flows flow down — settlement status, exceptions & risk exposure flow back up

→ connects to

Regulators & Supervisors

FCA, ESMA, SEC, Bank of England, Federal Reserve

Sanctions & Watchlist Sources

OFAC, UN, EU Consolidated, PEP registries

Industry Consortia & Utilities

Cross-institution typology & case sharing

Rating Agencies

S&P, Moody's, Fitch — credit ratings feed capital calcs

flagged transactions & counterparty activity flow down — cleared counterparties, sanctions status & case outcomes flow back up

L4

Data & Intelligence Backbone

The golden-record foundation every layer above reads from and writes back to

→ connects to

Market & Reference Data Providers

Bloomberg, LSEG/Refinitiv, ICE Data Services

Corporate Registries & Public Records

Company house filings, beneficial-ownership data

Core Banking & Payment Rails

SWIFT, CHAPS, TARGET2, Fedwire

Central Banks — Liquidity & RTGS

Monetary policy, reserve accounts, settlement finality

Benchmark & Index Administrators

SONIA, ICE Benchmark Administration, MSCI/FTSE