Service status ·A8 Core™ · The Operating System for Financial Accounts ·The account operating system · API-first
Solutions

Fiduciary and settlement accounts.

Settlement administrators, bankruptcy trustees, receivers, and disbursing agents run account books that deposit cores were never shaped for — escrows that release on conditions, trusts that exist to wind down, and distributions to thousands of payees with tax paper attached. This page describes the account family the A8 Core™ specification models for that work.

PlannedSpecification drafted

Who this is for

Institutions and appointed fiduciaries that hold and move other people’s money under a court order, a settlement agreement, or an engagement letter.

Settlement administrators

Class action and mass tort administration — one fund in, many compliant distributions out, every step recorded.

Trustees and receivers

Chapter 7 and 11 estates, Subchapter V, receiverships and assignments for the benefit of creditors, each with its own account discipline.

Disbursing and paying agents

Plan distributions, creditor payments, and professional-fee escrows calculated per recipient and reported to the IRS.

Trust companies as escrow agent

A chartered institution offering escrow, control, and settlement accounts as products on its own core — the business administrators otherwise take elsewhere.

The account family

Each type below is modeled in the specification as a first-class account with its own titling, authority, and reporting behavior — not a checking account wearing a label.

Settlement & sale escrows

Purchase-price and 363-sale escrows that hold funds against defined conditions, with the release logic described under escrow and conditional settlement.

Qualified settlement funds

Section 468B fund accounts with segregated claimant sub-accounting and distribution records built for the fund’s own tax reporting.

Debtor-in-possession accounts

DIP accounts opened under bankruptcy-court authority, with the operating restrictions and reporting a United States Trustee expects.

Litigation & liquidating trusts

Trusts that exist to hold, resolve, and distribute — wind-down accounting, beneficiary schedules, and a defensible record of every distribution.

Receivership & ABC accounts

State and federal equity receiverships and assignments for the benefit of creditors, where the fiduciary’s authority is the account’s governing document.

Professional-fee escrows

Retainer and carve-out escrows with holdback logic and court-approval gates before release.

Disbursing-agent accounts

The paying-agent book: one funded account, a distribution schedule, and per-payee instruments with full traceability from order to payment.

Control agreements

DACA-style control over deposit accounts and control of securities entitlements — the UCC Article 8 and Article 9 concept the platform is named for, modeled as an object with parties, scope, and term.

Disbursing-agent operations

Distribution is where these accounts earn their keep — the specification treats it as a pipeline, not a wire form.

Per-payee calculation

Pro-rata, priority-tiered, and reserve-adjusted distribution amounts computed per recipient, with the calculation retained beside the payment.

Batch distribution

One approved schedule releases many payments, each an individually recorded transaction on the ledger — nothing moves as an untraceable lump.

Withholding & information returns

Backup withholding flags and per-payee tax records shaped for information-return filing; IRS IRIS A2A transmission is a development target on this platform, described under IRS IRIS information-return filing. Wage-claim payroll withholding is planned through payroll-tax providers.

Uncashed instruments & escheatment

Outstanding-instrument tracking with state unclaimed-property rules maintained as data, so dormancy periods and due-diligence steps are configuration, not code.

International payouts

Cross-border distributions are planned through foreign-exchange and payout providers, with the payee record and evidence trail staying on the platform.

Evidence throughout

Every decision that authorizes a hold, a release, or a payment is designed to carry the same evidenced authorization discipline B5 Secure™ applies to data elements.

Status. Fiduciary and settlement accounts are a planned account family with a drafted specification. Every live engagement is gated on the operating institution’s legal authority, counsel review of the governing instrument, configuration, contracts, integrations, and policies, and is subject to institution, jurisdiction, product, and legal review. Module maturity is summarized on the product status page.

Administering a settlement, an estate, or a wind-down?

We will walk through the account family against your governing documents and show where the specification stands today.

Scroll to Top