SettleTrack — Project Story Inspiration
Trade and loan transactions are executed instantly, but settlement typically takes several days. This delay creates confusion, operational risk, and reduced transparency for traders, lenders, auditors, and regulators. Post-trade processes often rely on delayed and fragmented records, making it difficult to clearly understand the status of a trade after execution.
SettleTrack was developed to address this gap by providing real-time visibility into post-trade settlement, allowing users to track the progress of a trade without relying on manual reconciliation or delayed confirmations.
How We Built the Project
SettleTrack follows a modular system architecture in which each component has a clearly defined role. The frontend presents trade information, settlement status, and risk indicators through a unified dashboard. The backend receives trade data and coordinates system workflows. A blockchain layer securely stores settlement records in an immutable and audit-friendly manner. A machine learning layer analyzes trade patterns to detect settlement risk and abnormal behavior.
Trade data is currently simulated, but the platform is designed to integrate with real broker, exchange, or clearing APIs.
The settlement workflow is:
Trade Execution → Settlement Processing → Final Settlement
SettleTrack tracks each stage of this workflow in real time to improve clarity and trust.
Challenges We Faced
Designing a realistic settlement flow without access to live exchange or clearinghouse data
Maintaining a clear separation of responsibilities between backend services, blockchain storage, and machine learning analysis
Simplifying complex financial settlement processes for better user understanding
Balancing technical depth with simplicity to ensure scalability and commercial viability
What We Learned
Settlement is one of the most critical yet often overlooked components of financial infrastructure. Transparency reduces disputes and operational risk more effectively than speed alone. Blockchain is most valuable when used for immutability and auditability, while machine learning adds value when applied to early risk detection.
What’s Next for SettleTrack
Integration with real broker and clearing APIs
Support for loan trading and secondary markets
Advanced risk detection using larger historical datasets
Regulatory and compliance reporting features
Built With
- ethereum
- fastapi
- node.js
- numpy
- pandas
- postgresql
- python
- react
- redis
- scikit-learn
- solidity
- tailwind
- web3
- xgboost
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