# The Solution TermPrime is an institutional solution on the Canton Network for fixed-rate, fixed-term repo. It rests on three pillars. #### Full lifecycle on-chain TermPrime brings the trade lifecycle onto a single venue, from order-book matching through to atomic settlement. Matching produces clear price discovery, and settlement completes atomically, so the cash and collateral legs either both complete or neither does. This gives participants finality and removes the settlement risk and reconciliation overhead of stitching a trade together across disconnected systems. For institutions that prefer to keep an existing bilateral process at maturity, settlement can also be completed off-platform and registered back to TermPrime for record-keeping. #### Trading with known, KYC'd counterparties Every trade happens between named counterparties that have already approved one another. Participants bring their existing procedures, signed agreements, and approved credit lines, and transact only with counterparties they know. Because the relationship is disclosed and pre-approved, each participant evaluates the other side's risk and sets its own LTV, sizing, and limits. TermPrime does not pool, mutualize, or hold credit risk; credit stays with the participants. This is what lets competing institutions share one neutral venue without TermPrime ever becoming a counterparty to their trades. #### Fixed-rate, fixed-term collateralized borrowing Participants borrow and lend at a fixed rate over a fixed term, against collateral with flexible LTV. At launch, tokenized Treasuries and other real-world assets can serve as collateral, and Canton Coin can be used as a debt token or as collateral. Additional asset types are added over time. Across all three pillars, TermPrime's role stays deliberately light. It is a neutral matching and price-discovery layer, an ECN-style service that improves how institutions find prices and match term repo. It is not a custodian, not a principal, and not a risk manager, and collateral movement and settlement can integrate with the rails institutions already rely on. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.termprime.finance/overview/the-solution.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.