ACTUS Financial Research Foundation

ACTUS (Algorithmic Contract Types Unified Standards) is a data and algorithmic standard for financial contracts that quantifies contractual “cash flow” obligations of financial instruments. The algorithms constitute the core computations required for “smart” financial contracts. ACTUS is able to represent virtually all financial instruments currently extant in the financial markets with less than three-dozen ACTUS Contract Types (CT’s). These ACTUS CT's are a set of generic financial contract templates that represent the unique patterns of cash flow exchange obligations stipulated in financial contracts. The ACTUS standard implements these obligations as machine-readable logic that allows ACTUS-enabled applications to derive current, as well as, state dependent future cash flow obligations. ACTUS provides a common and consistent business logic for financial applications, such as transaction processing systems, bookkeeping systems, risk management, and for any forward-looking analytical systems. The standard is supported and maintained by the ACTUS Financial Research Foundation, a 501(c)(3) not-for-profit research corporation and promoted by the ACTUS Users Association, a 501(c)(6) not-for-profit trade association. For more details on the standards, the ACTUS data dictionary, and a formal description of the algorithmic representation of the CT's please visit the ACTUS homepage: www.ACTUSfrf.org.