Deliver operational efficiency, reduced risk
and new possibilities to alternative assets.
No-code SaaS platform for lawyers
to digitalise paper-based investments
Write digital agreements that execute actions
Purpose-built environment for legal and financial professionals to create legal contracts that:
- execute operations
- automate back-office functions
- resolve covenant breaches via pre-planned contingencies
- are readable by humans and machines
Create trust through Distributed Ledger
Digital certificates of ownership are represented on Stellar, a trusted global blockchain:
- ‘tethered’ to digital legal agreements built using Hunit’s platform
- leveraging the trust of the public ledger while ensuring compliant investments
- providing access to regulatory-compliant secondary transactions within a global market of peers
Add previously unavailable features
Retain advantages of private market investments while opening new horizons:
- structured investments no longer mean higher operational costs
- automating reporting, clearing and compliance creates new transparency
- built-in access to a global decentralized market creates opportunity for liquidity
- digitalisation allows fluid investment management and enables meta-investments based on cohorts of individual assets
Legacy terms for distributed ledger based assets are often inaccurate for Hunit’s environment. ‘Tokens’ and ‘coins’ imply non-managed fungibility that reduces or eliminates control over secondary trading. The term ‘smart contract’ has different meanings when used by computer scientists, Ethereum token-offerors or legal professionals.
Hunit’s term for:
A natively-digital, legally-binding
agreement combined with a distributed
ledger based digital certificate of
Recent news and insights
In case you’re not clear about the risks of manual administration of private market ‘alternative’ investments – a smart...Read More
This post is the part of our new series called “Use Cases”, where we explore real, concrete and transformative...Read More
This article is part of Hunit’s Legal Insights series. We’re sharing some of the key learnings that we’ve gained...Read More
A global investment market
to digitalize and automate
- Private market ‘alternative investments’ is growing at twice the speed of public markets – expected to reach $14 trillion assets under management by 2023
- Sub sectors such as Private Credit and Real Asset deals are increasingly in demand by investors, despite the complexity of managing paper-based structured products
- The majority of firms offering these investments report that they are challenged by the high back office costs required to settle, manage and transparently report upon them
Natively digital, legally binding agreements combined with digital certificates of ownership represent a milestone in the evolution of the legal and financial industries. But while this technology can open new possibilities, adoption is driven by the legal and financial professionals using it to solve problems.
Despite this central role, Hunit is the first to focus on providing law offices and financial service providers with tools purpose-built to the task. Our platform allows legal, compliance and finance professionals to create fully-digital, self-executing agreements easily and on their own.
lack the tools to create
Tools for Legal Professionals
Give your firm market-leading capabilities
A natively digital legal or investment instrument is a powerful tool. It solves problems and opens new opportunities for finance and law and allows firms to compete for client business based on a differentiated, innovative service offering.
Hunit’s platform removes barriers to the use of natively digital agreements and distributed ledger based representation of ownership. It allows legal professionals to create fully-functional, digital agreements while also making sure that they are easy to review and understand by the legal community at large.
Distributed ledger based legal agreements are a milestone advancement, Hunit provides the tools for professionals to adapt and grow in a changing market.
An ecosystem of automation
The power of digital legal agreements is based on their ability to execute actions in the real world. Can funds be monitored or moved in the global banking system? Will investor KYC requirements be enforced? Will investor polling enable effective, automated governance actions? Are the underlying systems and protocols trusted and widely used?
Hunit’s digital legal instruments (DLIs) are based on digital certificates of ownership created in Stellar, a trusted global public blockchain optimized for financial transactions. These are tied to Hyperledger-based digital legal agreements authored and managed through Hunit’s SaaS platform.
To ensure their ability to execute actions and solve problems, Hunit provides an ecosystem of services that enables real-world automation that cuts costs, reduces risk and opens new possibilities for alternative assets.
Improved investor rights management
Monitor terms and remedy breaches
Natively digital agreements have the ability to revolutionize how breaches are monitored and remedied. Digitalized investment instruments must provide robust protections for its participants – issuers and their investors.
The Sentinel System™ is a patent-pending decentralized platform that allows the author of a digital agreement to set up automated monitoring of specified terms or covenants and pre-authorize remedial actions in the event of an uncured breach.
Conventionally managed legal rights rely upon the existing judicial system for enforcement. But for its participants, the cost in time, energy and uncertainty of litigation can be substantial.
The Sentinel System™ provides a low-cost, highly effective alternative with the power to autonomously resolve nearly any type of covenant breach. It lowers issuer costs, reduces compliance-related liabilities, filters non-legitimate claims and provides investors with confidence and certainty.
Investor Rights Sit at the Core of Our Technology
Entering into a lawsuit is a loss, even if you win
Conventional enforcement of investor rights is inefficient and full of pain points. Court or arbitration is proactive, slow, expensive and yields uncertain outcomes. Cross border agreements add complexity and challenges related to international litigation. These factors impact markets and alter the behavior of both investors and issuers.
Hunit’s Sentinel System™ allows for specified contractual commitments to be autonomously monitored and, if breached, corrected using pre-planned remedies. It allows investment issuers to create confidence in the quality of their commitments and ensure anticipated outcomes in case of underperformance. For investors, it provides for greater transparency and predictability – cornerstones of trust. For all parties, the Sentinel System™ reduces or eliminates the burden of potential litigation for most breaches of key investor commitments.
HUNIT IS PROUD TO BE A PART OF
The Global Entrepreneur Programme
The GEP is a UK Trade & Investment programme that seeks to enable technology entrepreneurs from all over the world to globalise their business from a UK strategic hub. It does this by harnessing the insight, networks and experience of its team of internationally successful entrepreneurs, known as Dealmakers, to help identify and accelerate the world’s best early-stage technology businesses.
Microsoft for Startups ScaleUp Accelerator
Hunit is a part of Microsoft for Startups’ London-based ScaleUp Accelerator program. In addition to amazing offices in Shoreditch, the program offers broad commercial and technical support for early-stage companies that are at the tipping point of becoming a scale-up. It’s an amazing opportunity for Hunit to harden its technology and demonstrate its impact in cooperation with a global technology leader.
A passion for innovation with deep industry expertise.Meet the team