Case Study: Pension Fund Asset Allocation Governance

Executive Summary

A leading Brazilian pension fund (R$ 40B AUM) needed to automate the governance of its variable income allocation. The manual verification process was error-prone, leading to potential regulatory fines and operational risk.

The Challenge

• Scale: Over 5,000 daily transactions across multiple asset classes.
• Complexity: 25+ overlapping regulatory policies (CVM, Previc).
• latency: Decisions required verification in under 50ms to avoid market slippage.

The Solution: Heptagon Deployment

ABS implemented the Heptagon architecture to provide real-time policy enforcement and auditability.

1. Unified Ledger

All investment decisions were anchored in the Ledger, creating an immutable sequence of authorized vs. blocked trades.

2. Rust Telemetry (Industrial Scale)

The fund adopted the Rust Telemetry Microservice (Telemetry V1) to capture audit trials without impacting trading performance.

• Result: 99th percentile latency decreased from 150ms (legacy) to 12ms using Heptagon.

Outcomes

• Compliance Zero-Risk: 100% of trades verified against real-time quotas.
• Full Observability: Automated reporting to CVM and Previc directly from the Telemetry API.
• Operational Sincerity: The fund's governance score increased from B+ to AAA within six months.

"Heptagon transformed our compliance from a bottleneck into a competitive advantage." – Chief Investment Officer