Model
A staged programme, paid as it advances.
Each stage has a deliverable, a condition for moving on and defined fees. Every partner's terms are documented.
What holds the programme together
Four guarantees for the partner.
01A signed frameworkNamed public counterpart; scope and pipeline governance defined.
02An admission standardRights, valuation, risk, sanctions and reporting verified before any listing.
03Licensed providersEach under contract, with defined service levels and liability.
04A team on the groundIssuer preparation and market operations carried out in country.
Economics
No commitment beyond the current stage.
At each stage, the partner decides whether to proceed to the next. Fees correspond to work delivered and every partner's terms are documented.
1FeasibilityMarket design, partner mapping and roadmap. Fixed fee on a defined scope.
2Issuer preparationAdmission dossier, data room and transaction preparation. Fee per issuer prepared.
3ClosingFee payable only when a structured pilot transaction closes.
4OperationsMarketplace, integration, reporting and issuer support. Recurring fee, due once the market is live.
Fee transparency
- Fee splits are written into provider contracts and disclosed where required.
- GTMS does not take custody of client money or assets without the required authority.
Protection of investors and the State
- No promise of liquidity, appreciation, yield or public participation.
- Every live transaction requires a documented payment waterfall and conflict review.