Gondola Partners / Proprietary Technology

Every lien. Every deadline. Every dollar. Accounted for.

RecordStone delivers institutional-grade lien servicing, portfolio operations, and physical certificate custody for institutional asset managers. One governed system of record connects every asset, document, obligation, approval, and payment—with an optional pathway to bring eligible assets on-chain.

The governed record Illustrative structure
01
RecordIdentity, evidence, financial state
Verified
02
WorkOwner, deadline, exact next action
Assigned
03
ControlApproval, lineage, audit history
Governed
NJ / masked / 2024Sub-taxDue for review
AL / masked / 2023RecordingConfirmed
TN / masked / 2024RedemptionIn process
NC / masked / 2022EvidenceComplete
NJ / masked / 2024Sub-taxDue for review
AL / masked / 2023RecordingConfirmed
TN / masked / 2024RedemptionIn process
NC / masked / 2022EvidenceComplete

Why it exists

In this business, the loss comes from the calendar.

Tax lien investing is well understood: statutory interest, priority position, and real property behind every certificate.

The risk is not the asset. The risk is the work. Every municipality runs its own portal, forms, and notice rules. RecordStone is designed to manage that complexity without relying on memory.

  • Missed sub-taxPriority can erode on a position already paid for.
  • Missed redemptionA payoff can arrive short, and the difference can be gone.
  • Unrecorded assignmentA claim may not be cleanly enforceable without the record.
  • Wrong per diemA single calculation error can repeat across a quarter of payoffs.

Asset Intelligence

One asset · one identity · one evidence chain

Know the asset. See what changed. Know what happens next.

RecordStone connects identity, source evidence, servicing events, statutory clocks, financial calculations, and exceptions in one governed asset record.

  • See what happened and when
  • Open the source evidence behind the record
  • See what is missing or uncertain
  • Know the owner, deadline, and exact next action
Asset intelligence / governed view
Canonical asset identity

Masked position / 2024

Evidence linked
Current stageServicing
Statutory clockActive · monitored
Evidence stateVerified source chain
Next required actionConfirm county receipt
Certificate acquiredOriginal record preserved
Assignment recordedCounty evidence linked
Subsequent obligationOwner and due date assigned
Review pendingUncertainty remains visible
IdentityCanonical
EvidenceTraceable
ActionAccountable

Investor Governance

Definition · evidence · review · release

A number is not ready because it exists.

Investor-facing figures should arrive with their definition, source, evidence state, reviewer, and reporting date—not as an unexplained value copied from a dashboard.

  • Governed definitions for every reported metric
  • Lineage from figure to source evidence
  • Maker-checker approval before release
  • Unverified or stale information labeled, never disguised
01
Metric contractDefinition, scope, date, authority
Defined
02
Evidence lineageSource record and transformation trail
Linked
03
Independent reviewMaker-checker approval state
Reviewed
04
Controlled releaseAudience, version, audit history
Governed

How it is built

Three layers. One operating record.

Record

System of record

One canonical identity per asset, connecting records, source evidence, servicing events, and financial calculations.

01
Work

System of work

Queues for subsequent taxes, recording, redemptions, legal proceedings, fees, and outside-party communications.

02
Control

System of control

Role-based permissions, maker-checker approval, evidence requirements, audit history, reconciliation, and exception monitoring.

03

Controls

Built to be examined.

RecordStone is designed so that uncertainty stays visible, actions stay attributable, and investor-facing information cannot quietly outrun its evidence.

CTRL / 01

Segregation of duties

The person who enters a governed record is not the person who approves it.

CTRL / 02

Maker-checker approval

Changes affecting a lien, payment, or report require a second review.

CTRL / 03

Attributed history

Every change remains attributable to a person, time, and reason.

CTRL / 04

Data lineage

Every governed figure traces back to the evidence and definition behind it.

CTRL / 05

Exception aging

Missing data and unmatched activity are tracked rather than absorbed.

CTRL / 06

Portfolio separation

Data, permissions, and reporting remain separated as portfolios are added.

Executive Briefing

Bring us the portfolio. We’ll show you the operating record.

For institutional asset managers evaluating how to service, govern, or scale a tax-lien portfolio. Share a concise picture of the mandate and the operating challenge you want to solve.

  • 01Portfolio review
  • 02Operating-model discussion
  • 03Next-step recommendation
Briefing requestAll fields required
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Describe the portfolio, operating constraint, or governance question in at least 30 characters.

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