Product Information
Pre-trade deal breach approval software that enforces control inside the trading workflow
Your deals are automated. Your limit controls aren’t. Multi-Level Deal Breach Approval blocks breaches at deal entry, before settlement.
When policy lives in spreadsheets, not systems
Treasury teams managing active investment and FX books face a familiar governance gap: the deals are automated, but the limit controls are not. Policies live in spreadsheets and PDFs, and approvals happen over email, so there is no real-time link between what the policy says and what actually happens at the point of trade. When a breach slips through, no one finds out until after the money has moved and the deal has already settled.
This is not hypothetical. One organization had a counterparty credit limit changed incorrectly, and the error went undetected through a full audit cycle before surfacing as a treasury policy breach. The exposure is threefold: detection happens after settlement, email approval chains leave no audit trail, and regulators expect documented evidence of enforcement, not a reconstruction assembled after the fact.
Governance enforced inside the trading workflow
Ripple Treasury's Multi-Level Deal Breach Approval enforces your policy at the point of deal entry, pre-trade rather than post-settlement. Breaches are blocked, not logged, approval chains run inside the platform instead of over email, and every decision is captured automatically so the audit trail writes itself.
Where a breaching deal has more than one valid approval path, the platform advances every path in parallel and releases the deal the moment any one completes. Limits are configurable across counterparty groups, business units, and instrument types, so the same enforced process applies as your coverage grows.
Key benefits
Governance that matches your policy
The system enforces your authority matrix exactly as written, not an approximation of it. Limits are checked at deal entry, in a common reporting currency, so clean deals proceed and breaching deals are held before any commitment.
Delegation of authority
Multi-level approval paths map to your authority matrix: thresholds, user groups, step counts, and self-confirmation rules are all configurable to match how your team already operates.
Segregation of duties, enforced
The person who books a deal can never approve it. That separation is enforced by the system itself, not by trust or a manual check.
Documented evidence, no manual effort
Every limit change, breach event, and approval decision is timestamped, attributed, and retrievable, so your team gets audit-ready evidence without reconstructing anything after the fact.
Key features
Configure limits and rules
Encode your authority matrix once: thresholds by counterparty group, business unit, and instrument type, with named approval groups and required sign-off counts.
Parallel approval routing
Breaching deals route to authorized approvers with full breach context. Where several approval paths are valid, they advance in parallel instead of waiting on a single person.
One standard process, every instrument
The same enforced workflow applies across investment and FX instruments today and extends as coverage grows, so there is no new process to learn as scope expands.
Real-time deal interception
When a deal is submitted, the system checks cumulative exposure across all active limits in a common reporting currency. Clean deals proceed; breaching deals are intercepted and held before any commitment.
Self-generating audit trail
The deal releases the moment any authorized path completes. Every step, including the breach, each decision, and each comment is permanently recorded automatically.
Configurable, multi-dimensional limits
Supports counterparty group, business unit, and instrument type limits, independently or combined, with exposure calculated by face value, market value, accrued interest, or custom formulas across multi-currency portfolios.
Use cases
Migrate: established control flows
Medium and large corporates and financial institutions that already run an authority matrix and approval process, but it lives in spreadsheets, email, and PDFs, can move what they already do into a system that enforces it: low risk, immediate compliance upgrade, no new policy to invent.
Enable: smaller treasury operations
Teams that need the same level of compliance and control but could not implement it before due to resource or technology constraints now get institutional-grade control without the institutional overhead: governance added, workload unchanged.
Close the gap between policy and practice
Every treasury policy has a gap between what it says and what the system actually enforces. Pre-trade deal breach approval software closes that gap by blocking breaches before they settle and generating the audit evidence your team used to assemble by hand.
”Every treasury system claims control. The difference is whether that control can be ignored, arrives too late, or has to be reassembled after the fact.”
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