xLien: CLO/Structured Finance Transparency

The Problem

CLO and structured finance investors cannot verify the underlying loan portfolios because loan-level data is concentrated with originators and servicers who may misrepresent asset quality.

The CLO market exceeds $1.2 trillion. Investors rely on servicer reports and rating agencies for portfolio transparency, but both can be delayed, inaccurate, or manipulated. The 2008 crisis demonstrated the consequences of opaque structured finance.

Full loan-level disclosure to all investors creates privacy concerns for borrowers and competitive risks for originators. The solution requires selective transparency: investors verify what they need without full data access.

The Old Way

The PRIVATE.ME Solution

xLien splits loan-level data via XorIDA with streaming reconstruction that provides investors with verified aggregate statistics and selective detail access via threshold authorization.

Loan-level data is XorIDA-split across independent custodians. Aggregate portfolio statistics (delinquency rates, loss severity, prepayment speeds) are computed on shares via xCompute. Investors verify portfolio health without seeing individual loan data.

Selective drill-down access requires threshold authorization from the trustee and originator. Streaming reconstruction handles large portfolios efficiently. All access is HMAC-logged for regulatory compliance.

The New Way

How It Works

xLien provides split-storage loan portfolios with xCompute aggregate analytics and threshold-gated investor access.

Use Cases

Integration

import { CLOVault } from '@private.me/xlien';

const vault = await CLOVault.create({
  trusteeDid: trusteeDid,
  custodians: [custA, custB, custC],
  threshold: { k: 2, n: 3 }
});
const stats = await vault.aggregateStats(portfolioId);

Security Properties

Verifiable Data Protection

Every operation in this ACI produces a verifiable audit trail via xProve. HMAC-chained integrity proofs let auditors confirm that data was split, stored, and reconstructed correctly — without accessing the data itself.

Ready to deploy xLien?

Talk to Ren, our AI sales engineer, or book a live demo with our team.

Ship Proofs, Not Source

xLien generates cryptographic proofs of correct execution without exposing proprietary algorithms. Verify integrity using zero-knowledge proofs — no source code required.

Use Cases