ARTEDYS — R&D FOR EXTERNAL SPV — ARTEDYX

AI-Powered Transaction Infrastructure Orchestration

We orchestrate the full lifecycle of bank-originated assets into compliant, off-balance-sheet StableBonds via an External SPV — connecting institutional infrastructure, execution routing, EU regulatory workflows and modern blockchain rails for global distribution.

ARTedyS R&D — RCS Paris 490 059 227 00010.

ARTedyX Capital Holding — group-level overview and governance.

ARTedyX External SPV — related entity. ARTedyX External SPV — SAS au capital de 2 000 € — RCS Paris 992 610 410 — LEI 9845000EHF7OB3804477.

ARTedyS AI Platform Demo — live demonstration of the AI platform used to analyse bank-originated assets, structure StableDebt™, and support tokenized bond issuance workflows.

Execution Countries

Country-by-country bank-originator ecosystem

Italy

Cherry Bank • Kruso Kapital

France

BNP Paribas France

Spain

BBVA • CaixaBank • Banco Santander

Germany

Deutsche Börse • Baader Bank • Structured-finance ecosystem

United Kingdom

Institutional investors • listing ecosystem • capital-markets environment

Execution Ecosystem

ARTedyS R&D is the AI-powered transaction-infrastructure orchestration layer for bank-originated credit pools. It organises, qualifies and coordinates execution parties, infrastructure routing and closing dependencies, while ARTedyX External SPV serves as the human-led transaction execution vehicle. Throughout execution, ARTedyS R&D acts as the computing engine that supervises the workflow in real time and computes the final execution results across all regulated and transaction-critical parties.

This section therefore sets out the allocation of roles, tasks and workflow responsibility across the execution ecosystem. The allocation of invested capital is separate: investor capital funds the acquisition and execution layer through ARTedyX External SPV, while ARTedyS R&D is financed separately as the computing, coordination and supervision layer.

Transaction Infrastructure Orchestration

AI-powered infrastructure routing for institutional credit execution

ARTedyS R&D coordinates and automates the operational workflow connecting transaction-specific SPVs with appointed banks, escrow providers, custodians, paying agents, listing applicants, exchanges, CSDs, counsel and institutional investors.

Regulated banking, custody, payment, investment and exchange functions remain with separately appointed and authorised institutions.

Infrastructure-ready documentation workflow

ARTedyS R&D supports the preparation of investor and infrastructure-ready files: asset perimeter, data checks, eligibility criteria, cash-flow model, waterfall, reporting pack, ISIN / listing checklist, paying-agent checklist, escrow / custody workflow, KYC / AML tracker and document-status dashboard.

ARTedyS R&D supports execution preparation; it does not act as regulated bank, exchange, paying agent, custodian, servicer or legal counsel.

SPV & Investor-Subscription Account Routing

Coordinates account-opening inputs, account ownership, subscription flows, reserve accounts and transaction-specific cash-routing requirements.

Escrow & Controlled-Payment Routing

Tracks closing conditions, authorised instructions, payment approvals, release evidence and controlled cash-flow status.

Listing & Admission-to-Trading Preparation

Organises route selection, applicant coordination, document readiness, fee visibility and timetable control for the selected professional-market venue.

ISIN, CFI, FISN & Settlement Readiness

Coordinates security identifiers, instrument data, CSD requirements, DVP instructions and settlement-readiness checkpoints.

Custody & Sub-Custody Coordination

Maps custody-chain requirements, appointed-provider responsibilities, asset eligibility, confirmations and reporting interfaces.

Paying-Agent & Corporate-Action Workflow

Coordinates payment calendars, interest and redemption workflows, notices, corporate actions and supporting evidence.

Portal, API, Evidence & Reporting Integration

Connects account data, statements, payment status, approval evidence, audit trails and secure reporting outputs.

Closing Checklist & Transaction-Party Coordination

Synchronises deliverables, conditions precedent, role assignments, execution evidence and closing-readiness status across all appointed parties.

Investors

ARTedyS R&D qualifies investor parameters, reporting logic and execution status, while ARTedyX External SPV issues the transaction-specific exposure or note route presented for investment.

Capital Partners

ARTedyS R&D coordinates funding-readiness, documentation flow and closing dependencies, while ARTedyX External SPV carries the execution path to funded acquisition.

Bank Originators

ARTedyS R&D standardises and qualifies bank-originated data and perimeter inputs, while ARTedyX External SPV is the vehicle that acquires the selected eligible exposures at closing.

Credit Documentation

ARTedyS R&D organises documentary workflow, execution readiness and document traceability, while ARTedyX External SPV is the legal execution vehicle reflected in the transaction package.

Legal Counsel / Transaction Counsel

ARTedyS R&D maps, qualifies and coordinates potential legal counsel, transaction-document workflow, CP tracking and closing-readiness evidence, while ARTedyX External SPV appoints and contracts the selected legal counsel only when required for portfolio transfer, SPV documentation, note issuance, repack or securitisation execution.

Data Tape

ARTedyS R&D analyses, standardises and computes the transaction data tape, while ARTedyX External SPV uses the qualified perimeter as the basis for execution and acquisition.

Transaction Perimeter

ARTedyS R&D computes perimeter qualification, selection logic and execution readiness, while ARTedyX External SPV initiates the transaction on the selected eligible scope.

Servicing Terms

ARTedyS R&D tracks servicing constraints, operational dependencies and reporting logic, while ARTedyX External SPV executes within the servicing framework agreed with the relevant parties.

Closing-Readiness Evidence

ARTedyS R&D supervises readiness evidence in real time, while ARTedyX External SPV carries the execution from approved perimeter to documented closing.

Tax Framework

ARTedyS R&D maps tax-workflow logic, reporting obligations, withholding-tax parameters and collection mechanics, while ARTedyX External SPV operates within the selected tax framework and executes according to the advice provided by qualified tax professionals.

Fitch Ratings

Market & Closing Follow-Up

Live transaction follow-up

ARTedyS R&D supervises each transaction after execution: ISIN / listed notes, DVP closing status, cash flows and transaction margin.

The platform is designed to show, in one place, what has been listed, what has closed, what cash moved, what costs were paid and what final execution margin remains for ARTedyX External SPV.

ISIN / Listed Notes

Follow securities listed on Frankfurt Stock Exchange / Deutsche Börse or other selected venues.

DVP Closing

Track delivery-versus-payment status, closing date, seller, buyer, price and settlement evidence.

Costs & Cash Flows

Record listing costs, paying agent, escrow, legal, ISIN and execution expenses.

Automatic Margin

Calculate the transaction margin automatically for each DVP or ISIN route.

Simple dashboard logic: transaction size → acquisition price → investor funding → issuance / listing costs → escrow / paying-agent costs → legal and execution costs → net margin.