Private Debt • Sprints 46–51

Private debt in the same operating model

Debt instruments, interest engine, covenants, and credit events — fully integrated with fund accounting and journal. Part of Sprints 46–51.

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Capabilities

Private debt features

Debt instrument creation, amendment, and lifecycle management. Fund-scoped with full audit trail.

Interest calculation with multiple day count conventions (ACT_365, ACT_360, THIRTY_360). Deterministic.

Covenant definition and monitoring. Breach detection and alerting. Integration with credit events.

Credit event recording and classification. Full audit trail. Links to instruments and journal.

Interest accruals and credit event impacts flow to journal entries. Source tracking for audit.

Workflow

Create instrument Debt instrument created with terms, rate, day count. RBAC on creation.

Interest accrual Interest engine calculates accruals. Journal entries posted.

Covenant monitoring Covenants tracked; breaches surfaced. Alerts and reporting.

Credit events Credit events recorded. Classification and journal impact.

Controls

RBAC on instrument creation Audit trail on all changes Tenant isolation

Proof

6 debt instruments + 4 interest engine + 8 covenants + 6 credit events. Full sub-module coverage.

Fully integrated with existing fund accounting. Journal entries for interest and credit events.

Every instrument, covenant, and credit event change recorded. Deterministic interest calculations.

Schedule a guided demo: debt instruments, interest engine, covenant tracking, credit events, and journal integration.

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