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Party Master

Also known as: Party Master Engine, Counterparty Master, Entity Master, Customer Master Data Management

  • engine
  • kya
  • kyc
  • ubo
  • glossary

Definition

The Party Master Engine is the single canonical view of every party that touches a transaction or contract on the IOF platform — customers, businesses, related parties, guarantors, SPVs, trustees, beneficiaries, issuers, counterparties, custodians, bank participants. It owns: legal entities (natural persons + organisations), account holders, beneficial-ownership chains (UBO) with Cerbos-gated PII, related parties, mandates / signatories, LEI / national IDs / KYC references, and role-in-product / role-in-case bindings (one party can be guarantor on a Murabaha, beneficiary on a Sukuk, signatory on a Wakalah simultaneously). Status: scaffold; Phase 2 implementation pending.

Primary Sources & Standards

ID
party-master
Status
preview
Version
0.1.0
Effective
2026-05-09