The platform

One engine.
Six surfaces. Seven layers.

Counterparty credit risk is the first product built on the Nexara engine. What follows is the full walkthrough — what the operator sees each morning, how the system is architected, and which supervisory requirement governs each transition.

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The morning

The book reads itself overnight.

Auto-generated morning brief: what changed overnight, the portfolio snapshot, the news intelligence that touches your names, and the counterparties whose score moved — ranked, with the reason each one moved.

Morning Brief
4 flagged · 09:00 UTC
CP-0214 · Arrow Capital MgmtConcentrated leverage unwind
CRITICAL
CP-0371 · Meridian Macro FundSilent deterioration
ELEVATED
CP-0142 · Harborline Energy TradingMarket regime shift
WATCH
CP-0088 · Sunfield Asset PartnersNo archetype match — routed to human
NOVELTY
◈News impact on the book
1 story · 4 channels · 06:40 UTC
“Traders cut ties with a mid-tier commodity house amid invoice-authenticity concerns.”
SECTOR PRESS
06:12 UTC
CH 1 · SUBJECT
Not in your book
The named borrower is not a counterparty of yours.
NO DIRECT EXPOSURE
CH 2 · LENDERS
2 counterparties named
Disclosed provisions against the same borrower.
EUR 200M · < USD 300M
CH 3 · EXITS
3 peers exited first
Sophisticated credit shops severed ties months before any lender provisioned.
EXIT-AS-SIGNAL
CH 4 · ASSET
Iron ore · trade paper
Routed to positions by underlier, not by name.
7 CPs · 4.1% OF BOOK
◈
The news intelligence that touches your names. No named entity in this story is a counterparty of yours. Routing by name returns nothing; routing by underlier returns seven counterparties holding the same asset.
Synthetic data · live product available under NDA · news-impact layer in build
FIG 01 — Morning Brief
Six surfaces

One continuous read across the whole book.

Stress, limit breaches, the full risk framework in one place. Every surface works from the same view of every counterparty, the same library of historical events, and the same policy for when the system acts and when it asks.

/morning-brief
Morning Brief
The daily head-of-CCR view. What changed overnight, which counterparties need attention today, and what the system is already taking care of.
/counterparties
Counterparties
One card per counterparty — current risk profile, historical pattern match, known limitations, and the reasoning behind every alert.
/signals
Signals
Eighty-two live indicators of counterparty distress — margin, credit, behaviour, exposure, markets, P&L and payments — continuously monitored and explained.
/portfolio
Portfolio
Aggregate exposure, concentration, and cross-counterparty correlation — surfaced in full view, not hidden by netting.
/limits
Limits
Real-time limit monitoring, breach detection, utilisation trajectories, approvals and escalation — the audit-ready spine of CCR governance.
⌘K · ask
Ask Nexara
A conversational layer that explains any alert, any counterparty, any decision — grounded in the platform's data, never used as a decision-maker itself.
Architecture

The LLM never touches a number.

Six deterministic layers turn your data into a counterparty decision. Each layer independently auditable, each transition governed by a named supervisory requirement — deterministic engines compute every number, and the model puts the result into words.

L7
Oversight
Nexara decides when its own output is trustworthy, when to act automatically, and when to ask for human judgement — explicitly, every time.
OVERSEE
L6
Learning
Operator feedback, dismissed-signal review and post-crisis retrospectives continuously refine the platform — inside governance, every change tracked.
REASON
L5
Simulation
Bespoke stress tests per counterparty, historical replays under modified conditions, scenarios generated on demand — the workbench for risk committees and supervisors.
REASON
L4
Expert judgement
Thirty years of counterparty-risk practitioner experience — heuristics, thresholds, escalation rules, weightings — structured and encoded as the platform's starting point.
REASON
L3
Crisis mechanics
How CCR crises actually unfold — from leverage buildup to margin call to forced liquidation to contagion — codified in a library of archetype patterns.
SENSE
L2
Domain context
Thirty-seven products, thirty client archetypes, forty-four regulations, eighty-four signals — the structured knowledge of the industry, always on hand.
SENSE
L1
Market data
Market, trade, position, collateral, news, regulatory feeds — plus a curated library of seventy documented counterparty-risk events.
SENSE
Governance & audit — every transition through the platform is traceable, versioned, and supervisor-ready.  ·  Temporal hierarchy — the system runs at four speeds simultaneously: intraday reactive, daily systematic, periodic recalibration, and crisis mode.
Regulatory posture

Architected to every regulation that matters.

Every architectural choice maps to a specific supervisory requirement. Not retrofitted, not compliance-wrapped — designed from day one to be the platform regulators are comfortable approving, and that risk teams are comfortable relying on.

CRR3 · REG (EU) 2024/1623
Capital Requirements Regulation
The EU capital and CCR framework, mandatory January 2025. Nexara's data layer, model governance and validation artefacts are built to it from day one.
BCBS D588 · DEC 2024
Guidelines for CCR management
The post-Archegos specification. Every architectural decision answers a named requirement — actionable metrics, bespoke stress per counterparty, known-limitations registers.
SR 11-7
Fed Model Risk Management
Every model independently validated, traceable, and challengeable. Nexara's modular architecture is built to make validation efficient, not painful.
BCBS 239
Risk Data Aggregation
Complete data lineage from source feed to final decision. Every value traced, every transition logged, every output reproducible under audit.
REG (EU) 2024/1689 · ART 14
EU AI Act — Human Oversight
Human oversight as a design primitive, not a compliance checkbox. Every automated output explicitly classified for the operator: acting, recommending, or asking.
PRA SS1/21 · SR 21-19
UK & US equivalents
UK PRA and US post-Archegos supervisory letters converge on the same principles. Nexara's architecture is jurisdiction-portable — deploy once, review everywhere.

Sixty minutes, on the real platform.

Architecture walkthrough, paper review, and a live product session — not a slide deck. Under NDA.

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