Identity Graph
Participant pre-clearance: KYC, AML, accreditation, jurisdictional constraints, and the pre-clearance workflow.
Overview
The Identity Graph manages participant pre-clearance for DMTR operations. It stores and evaluates KYC, AML, accreditation, and jurisdictional constraints. Before a transfer can execute, participants must satisfy identity and compliance requirements. The Identity Graph is the source of truth for participant eligibility data.
Participant model
Participants are entities (individuals or institutions) that may hold or receive positions. Each participant has a unique identifier and a profile containing identity, compliance, and constraint data. Participants are linked to positions as allocators, originators, or consent parties.
Participant
Entity in the Identity Graph representing an individual, institution, fund, GP LLC, DOIV, or trust.
| Field | Type | Description |
|---|---|---|
| participant_id | string | Unique identifier for the participant |
| name | string | Display name |
| entity_type | enum | individual | institutional | fund | gp_llc | doiv | trust | other |
| jurisdiction | string | Primary jurisdiction (ISO 3166-2) |
| string | Contact email for e-signature and notifications | |
| kyc_status | enum | cleared | pending | failed | expired |
| kyc_provider | enum | persona | alloy | verify_investor | parallel_markets | self_certified | manual |
| kyc_verification_id | string | External verification ID from the KYC provider |
| kyc_verified_at | datetime | When KYC was last verified |
| kyc_expires_at | datetime | When KYC verification expires |
| aml_status | enum | cleared | pending | failed | expired |
| aml_provider | enum | Provider used for AML/sanctions screening |
| aml_screening_id | string | External screening ID from the AML provider |
| accreditation_status | enum | verified | self_certified | pending | expired | not_applicable |
| accreditation_provider | enum | Provider that verified accreditation (e.g. verify_investor) |
| accreditation_expires_at | datetime | When accreditation verification expires |
| itar_cleared | boolean | Whether the participant is cleared for ITAR-restricted positions |
| is_foreign_person | boolean | Foreign person determination under 22 CFR § 120.16 |
| citizenship | string | Country of citizenship (ISO 3166-1 alpha-2) |
| itar_determination | enum | us_person | foreign_person | pending | unknown |
| itar_determination_basis | string | Legal basis for the ITAR determination |
| relationship_provenance | string | How the participant relationship was established (pre-existing substantive) |
KYC/AML status
KYC (Know Your Customer) and AML (Anti-Money Laundering) status are tracked per participant with provider-backed verification. Each status stores the provider used (persona, alloy, etc.), the external verification ID, the verification timestamp, and an expiration date. Status values include cleared, pending, failed, and expired. The Identity Graph surfaces status to the Rights Engine for eligibility evaluation — KYC/AML must be cleared and non-expired for transfer execution.
Accreditation
Accreditation status indicates whether a participant meets regulatory definitions (e.g., accredited investor under SEC Rule 501). It is tracked with the same provider-backed pattern: accreditation_status, accreditation_provider, accreditation_verification_id, accreditation_verified_at, and accreditation_expires_at. Status values include verified, self_certified, pending, expired, and not_applicable.
ITAR and CFIUS determination
For positions involving defense, space, or other ITAR-controlled technology, the Identity Graph tracks each participant's ITAR determination: us_person, foreign_person, pending, or unknown. The determination is backed by citizenship, optional dual_citizenship, and a itar_determination_basis field that records the legal rationale. The Rights Engine uses this data to enforce ITAR transfer restrictions and CFIUS-covered transaction blocks.
Jurisdictional constraints
Jurisdictional constraints limit where a participant can transact or hold positions. Sanctions, residency, and regulatory boundaries are modeled. The Identity Graph evaluates constraints against the position and transaction context.
Pre-clearance workflow
Pre-clearance runs before transfer execution. The workflow checks KYC, AML, accreditation, and jurisdictional constraints for all parties. If any check fails, the transfer is blocked. Pre-clearance results are cached for efficiency; re-validation occurs when data changes or on demand.
✓ Pre-clearance caching
Pre-clearance results are cached for efficiency; re-validation occurs when data changes or on demand.
Related
- Rights Engine — Uses identity data for evaluations
- KYC/AML Setup — Configure identity verification