Clause 1 — The platform
Treasury infrastructure built for audit day.
Meridian holds, moves, and reconciles institutional cash under a single system of record — with approval chains, attestations, and exports your examiners will actually accept.
Custody rails for $4.2B in client assets under administration.¹
In administration for
Clause 2 — Capabilities
2. What the platform administers
Three functions, one ledger. Every balance, movement, and approval is recorded once and reconciled continuously — no side spreadsheets, no month-end archaeology.
2.1
Custody accounts
Open segregated operating and reserve accounts across 142 partner banks, each mapped to your entity structure and swept nightly.
Read the account schedule →2.2
Payment operations
ACH, wire, and RTP from one queue, with dual-control release, velocity limits, and a beneficiary registry your controller signs off on.
Review payment controls →2.3
Continuous reconciliation
Every bank line matched to ledger entries within minutes of posting. Exceptions surface as a worked queue, not a quarter-end surprise.
See the exception queue →Schedule A — The register
$4.2B ¹
Assets under administration
99.99% ²
Platform availability
142
Partner banking institutions
11 days
Median implementation
¹ As of 30 June 2026; independently audited by Whitcombe LLP. ² Trailing twelve months, measured across all production regions.
Clause 3 — Controls
3. Controls that hold up under examination
Every movement of funds carries its own paper trail: who initiated, who approved, under which policy, and what the balance was before and after.
Dual-control release on every payment above your stated threshold.
Immutable audit log, exportable as examiner-ready PDF and CSV.
Policy engine mirrors your delegation-of-authority matrix, clause by clause.
Quarter-end attestation packets assembled automatically, signed digitally.
Clause 4 — Implementation
4. From engagement letter to live ledger
4.1
Entity mapping
We chart your legal entities, bank accounts, and signers into a single custody map, reviewed with your controller.
Days 1–3
4.2
Account opening
Segregated accounts open at partner banks under your entities' names; KYB documentation is handled once, centrally.
Days 3–7
4.3
Policy encoding
Your delegation-of-authority matrix becomes enforced policy: thresholds, signer groups, and standing payment windows.
Days 7–9
4.4
Parallel run & cutover
Two reconciliation cycles run alongside your existing process. When both tie out, you cut over — with the evidence filed.
Days 9–11
“Meridian is the first treasury system our auditors have ever complimented. The approval-chain export alone shortened fieldwork by a full week.”
Eleanor Voss
Controller, Northgate Capital
5. Attestations on file
Our attestation register is maintained continuously and shared under NDA within one business day of request. Client funds sit in segregated accounts at regulated institutions — never on our balance sheet.
Request the security packet →| Attestation | Status |
|---|---|
| SOC 2 Type II | Renewed May 2026 |
| PCI DSS Level 1 | Certified Feb 2026 |
| ISO 27001 | Certified Nov 2025 |
| SSAE 18 bridge letter | Issued quarterly |
Put your treasury on the record.
A 45-minute walkthrough with a treasury engineer, scoped to your entity structure. No deck, no discovery-call theater.