| Agent |
An AI model connected through the agent gateway to act on one mandate. An execution partner. |
| Agent gateway |
Promorphic's MCP and REST interface for agents. The only way an agent reaches the book. |
| Approver |
A person on the manager's side whose signature a proposal needs. |
| Autopilot |
Mode in which the agent's proposals at or under the threshold are executed without approval. |
| Book |
All of a mandate's holdings and cash. |
| Canton |
The Canton Network, an institutional blockchain built on Daml smart contracts. |
| Choice |
A Daml action on a contract. Only the named controller party can exercise it. |
| Copilot |
Mode in which every proposal needs approvers' signatures. The default. |
| Daml |
The smart contract language Canton runs. |
| DD pack |
A vault's due diligence, as structured fields with source documents attached. |
| Distribution partner |
An issuer whose instruments are listed as vaults. |
| Execution partner |
An AI agent that makes decisions on a mandate. |
| Gate (policy) |
One check a proposed action must pass, such as per-vault limit or liquidity floor. |
| Gate (redemption) |
An issuer's restriction on redemptions. Different thing; context makes it clear. |
| Manual |
Mode in which the agent is silent and the manager acts by hand. |
| Mandate |
The contract that sets what a book may hold and how the agent may act on it. |
| Operator |
Promorphic's party. Co-signs mandates, exercises choices, owns nothing. |
| Party |
An identity on Canton that can own contracts and sign. |
| Proposal |
A set of moves with a reason, waiting for routing, approval or expiry. |
| Rebalance |
The single choice the mandate grants the agent: moves between cash and allowed vaults. |
| Record |
The audit log of every context, proposal, gate result, signature and settlement. |
| Threshold |
The size at or under which Autopilot may act without approval. |
| Vault |
A listing of one tokenized instrument with its terms, workflow and DD pack. |
| Watch |
Vault state after a rule is broken: no new money until resolved. |