True Blade offers a managed file‑transfer platform that automates secure, scheduled exchange of trade, position, and account data for regulated financial institutions. Built on open‑source Linux/FreeNAS with ZFS, it provides encrypted transport, retry logic, audit trails, and a web dashboard/API, and can be deployed on‑premises or in a private cloud.
Funding
Funding not disclosed
Founders
Product
Problem
FinTech firms and regulated financial institutions must exchange large volumes of trade, position, and account data daily, but reliance on proprietary cloud services and third‑party file‑transfer tools introduces security, compliance, and licensing risks. Inconsistent scheduling, lack of retry logic, and opaque audit trails further jeopardize operational continuity.
Solution
True Blade delivers a managed file‑transfer platform built on open‑source Linux and FreeNAS servers that can be deployed on‑premises or in a private cloud, giving clients full control over their data environment. The proprietary tb‑copy engine automates scheduled ingestion, transformation, and delivery of CSV, XLS and XLSX files across established FinOps protocols, with built‑in retry, checksum verification, and encrypted transport. Continuous monitoring alerts both True Blade support staff and client operations teams to missed deadlines while preserving end‑to‑end auditability. All services run on ZFS‑backed storage, enabling point‑in‑time snapshots and rapid recovery without licensing overhead. Clients access a web‑based dashboard and API for visibility, reporting, and integration with existing compliance workflows.
Target Audience
Primary customers are investment advisors, broker‑dealers, custodians, and other regulated financial entities that require automated, secure daily exchange of trade and account data with counterparties and regulators.
Features
- Open‑source stack (Linux, FreeNAS/TrueNAS) with ZFS filesystem for data integrity, snapshots, and hardware‑agnostic resilience.
- tb‑copy managed transfer engine supporting configurable schedules, calendar‑aware triggers (e.g., post‑NYSE), and automatic retries until successful delivery.
- Built‑in data transformation layer (column reordering, format conversion) applied before upload.
- End‑to‑end encryption (TLS) and role‑based access control for secure transmission and storage.
- Real‑time monitoring and alerting via email/SMS to both True Blade operations and client staff.
- Web dashboard and RESTful API for audit logs, transfer status, and integration with compliance systems.
- No software licensing fees; support contracts cover updates, security patches, and custom protocol extensions.
- Deployment flexibility: on‑site rack servers, private‑cloud VMs, or hybrid configurations.