DEFINITIONS
How Flowryd works
Flowryd is the orchestration layer for a multiparty deal room — the building blocks for transaction flows. Think of a kitchen redesign: you plan the layout and choose the units before anything is installed — what's needed, in what order, and what can wait. A deal works the same way. Here's the shared language for the pieces you build one from.
The building blocks
Blueprint
A reusable layout for a deal — the ordered steps, the role at each step, and the standards — with no firm names attached. You can take the layout without taking the parties.KitchenThe layout: where the sink goes, and the order it gets installed in.
Flow
A blueprint put to work: an ordered sequence of steps a deal moves through.KitchenThe job, from first fix to final sign-off.
Step
One point in a flow where something has to happen before the deal can move on.KitchenOne stage of the fit-out.
Seat
An open slot in a deal, labelled by the role it needs. It stays open until a party whose role matches takes it.KitchenA slot in the layout — fridge, oven, sink.
Role
What a seat requires a party to do — Custodian, Registry, Liquidity, and so on. One party can hold more than one role.KitchenThe trade: plumber, electrician, tiler.
Function
A capability a flow needs at a point in it — Oracle / Pricing, Compliance Check, FX.KitchenWhat has to happen there: plumbing, gas, ventilation.
App stack
A combination of parties that perform a set of functions — taken as one prefab component, instead of assembling and sequencing each yourself.KitchenA prefab unit — the sink arrives with the plumbing, waste and tap already in it.
Deal canvas
The working view where you arrange seats, stacks and steps before a deal goes live.KitchenThe floor plan on the table — where you move things around.
Deal room
The live deal: your chosen layout, your parties and your terms, moving through the lifecycle below.KitchenThe install — your layout, your suppliers, your terms.
How they nest
Function— a capability →App stack— parties that perform functions →Flow— steps where stacks fire.
Deal lifecycle · who acts
Draft
Flowryd
Assembling the deal — seats, terms and parties are still being set.
Open
Flowryd
Seats are published; any qualified party can take one.
Negotiate
Flowryd
Parties agree the terms and the fee split; Flowryd orchestrates the agreement.
Locked
By the parties
Each regulated party commits its own leg on its own rail, through its own application.
Committed
Flowryd
Every seat is filled and the terms are agreed. Flowryd commits the deal as green to go — orchestration streamlined, ready to execute. Flowryd's role ends here.
Settled
By the parties
The regulated parties settle the transaction themselves, through their own apps — for example on Canton. Flowryd never settles and never moves assets or cash.
Where Flowryd sits. Flowryd agrees parties and terms, and commits the deal once every seat is filled and the terms are agreed — the orchestration is streamlined and green to go. It never settles the transaction: settlement is executed only by the regulated parties, through their own applications and rails. Flowryd does not custody assets, does not move cash, does not transact on behalf of any party, does not decide liquidity and does not configure transfer agents. The orchestration fee fires at signature and is split among the participants — Flowryd holds none of it.