Audicity serves a broad range of clients across Web3. For institutional counterparties operating in digital asset markets, we run engagements differently, to match the procurement processes, risk frameworks, and operational standards that institutional work requires.
The on-chain component is the part anyone can build. The hard problem for institutions is the seam between the on-chain system and everything else the institution operates: core banking systems, custody arrangements, settlement networks, counterparty risk frameworks, compliance and reporting infrastructure, and the procurement, risk, and audit functions that govern how any of it gets deployed.
Institutional systems carry obligations that retail-focused systems do not encounter. State that disagrees with the chain is an incident, not a UX issue. Settlement that takes weeks to resolve is a regulatory event. Compliance that is layered onto the system rather than built into it fails the first audit. Governance that depends on a single key fails internal control standards before it reaches counterparty review.
We treat institutional work as a distinct engineering discipline. The specification covers the on-chain system, the seam, and the obligations it carries on both sides. Implementation follows only once that seam is documented and those obligations are accepted.
The defining characteristic is regulatory context. Institutional engagements operate under a documented regulatory framework on the client’s side, which shapes the requirements the system has to satisfy and the procurement process the engagement runs through.
Contract systems specified against institutional risk frameworks, with multi-party governance, role-based access control, timelock and circuit-breaker patterns, and upgrade paths that meet internal control standards. Audit coordination with the firms institutional procurement processes recognise.
Application layers built for institutional users (traders, operators, treasury teams, compliance officers) rather than for retail. Authentication and authorisation flows that mirror internal control standards. Operational telemetry that satisfies risk and audit functions. Integration with the systems institutional operators already use.
Token systems designed against institutional issuance standards: regulated security tokens, tokenised real-world assets, e-money and stablecoin frameworks. Governance and operational structures designed to satisfy the legal and regulatory frameworks the issuance sits under.
Review and audit coordination at the standard institutional procurement requires. Documented specifications, traceable findings, structured remediation, and the post-deployment monitoring and incident response procedures that institutional risk functions require to approve a system for production.
These are not separate services. They are the same capabilities that run across all of Audicity’s work, adapted for the constraints institutional clients operate under.
Institutional procurement is not a sales process. It is a structured evaluation against documented requirements, security questionnaires, vendor onboarding, and risk assessment.
Our institutional engagements are built to engage with that process. The specification phase produces the documented requirements your procurement function needs to evaluate the work. The development process produces traceable deliverables and acceptance criteria your audit function can reference. The operational handover produces the runbooks and response procedures your risk function requires before approving a system for production.
We respond to RFPs. We complete security questionnaires. We participate in vendor onboarding. Where confidentiality is required, we sign NDAs at the start of any substantive discussion.
Engaged to extend an existing permissioned execution network for institutional digital asset markets across its application and infrastructure layers. The engagement covered the systems sitting behind the operator-facing surface, the seam where the on-chain components meet the obligations an institutional venue carries: anonymous request-for-quote flow on sub-second response budgets, WebSocket-driven network telemetry, a custom oscillator engine generating time-seeded liquidity indicators across non-commensurate periods, dynamic liquidity provider performance scoring against latency, fill reliability, and settlement reliability, and the authenticated terminal logic through which the network is operated.
The work was delivered against documented operational guarantees: state freshness, recovery semantics under degraded connectivity, and defined behaviour under each component’s failure mode. The brand and front-end design were owned by the client.
Institutional engagements are scoped against the requirements your procurement and risk functions document, and progress through milestones your audit function can verify. To begin, brief us on the system you are building, the regulatory framework it operates under, the institutional counterparties it must serve, and the procurement process we will be engaging through.
We respond to institutional enquiries within five working days.