Trust & Compliance

Indications of interest submitted on the platform are routed to our registered broker-dealer partner, Rainmaker Securities, on a flat-fee basis. Subsequent transaction communications come from Rainmaker, not from TrancheBook. This structure is our Section 15(a) compliance posture and is disclosed to every user before any IOI is submitted.

• Research output is produced under a financial publisher framework — opinion and analysis, not investment advice
• Broker routing is handled by Rainmaker Securities (FINRA registered) under a flat-fee arrangement
• All regulatory disclaimers appear on every research output and on every platform surface where research is displayed

Our ranking engine has no knowledge of which IOIs have been submitted, of broker fee economics, or of any post-IOI deal economics. Rankings are computed deterministically from the six structural criteria and momentum overlay — period.

This is a constitutional and code-level prohibition, not a policy statement. The ranking pipeline reads from a separate data store with separate read permissions than the IOI workflow. A customer base whose entire job is sniffing out misaligned incentives deserves more than a promise — they deserve an architecture.

• Separate code paths, data stores, and read permissions between ranking engine and IOI/broker workflows
• Ranking scores computed from six structural criteria + momentum overlay only — no broker fee signals
• The prohibition is published on the methodology page in plain language as a verifiable commitment

Every claim in every IC memo is hyperlinked to its original source. EDGAR filings, S-1s, named news sources, GDELT entries — no black-box reasoning. If we cannot source it, we do not assert it.

• The Sources tab in every IC memo lists every claim with a direct hyperlink to the origin document
• Data sources for the ranking include EDGAR, Crunchbase Enterprise, Revelio Labs, ATS feeds, GitHub, HuggingFace, and GDELT
• No LinkedIn-sourced data — a constitutional prohibition. Team information draws exclusively from Revelio Labs and ATS feeds
• Last-updated timestamps per data field on every company profile so customers can judge data freshness

We are willing to be wrong in public — that is what makes the track record real. Every prediction in every IC memo (IRR, MOIC, exit multiple, growth rate) is logged and resolved against eventual reality. The calibration scores are public and updated continuously.

• Calibration data shown alongside live memos on paying accounts — customers see the historical accuracy for their sector before acting on a new memo
• Monthly calibration retrospectives published in the blog — cases where we were wrong are named and analysed
• Rubric grade and grader rationale shipped with every IC memo — customers see the internal quality score
• Calibration drift alerts on the paying-customer dashboard — if accuracy in a specific sector changes, you are told

• Identity verification through accredited KYC providers
• Screening for PEP (Politically Exposed Persons), sanctions, and adverse media
• Ongoing monitoring and periodic re-screening; accredited investor reattestation on a scheduled cycle
• All eligibility decisions recorded in the immutable audit ledger with actor identity, timestamp, and outcome

Every material action on the platform — memo requests, IOI submissions, eligibility decisions, data refreshes — is recorded in an immutable audit ledger with actor identity, event type, entity, before/after state, IP address, and timestamp. Nothing is deletable. Everything is queryable.

• Immutable append-only ledger — events cannot be modified after write
• Every IC memo carries a full chain of custody: request → pipeline stages → rubric grade → delivery
• IOI submissions, broker routing, and status transitions fully logged
• Audit logs exportable for regulatory reporting and compliance review

• Encryption at rest and in transit
• Logical separation of PII storage from research and ranking data
• Role-based access controls; principle of least privilege
• GDPR / CCPA compliance; data retention per regulatory requirements; right-to-erasure workflows
• All PII access and modifications logged in the audit ledger

See our Privacy Policy and Risk Disclosures for full details.