APPLIED PROGRAM / A1

Capital Observatory watches what investors actually disclose.

Portfolio pages, fund reports and regulatory filings, turned into rows that can be cited - with the source snapshot, its hash and the verbatim passage behind every fact.

WHY IT EXISTS

The freshest evidence layer is the one nobody structures.

Terminals are strong where data is filed with a regulator and weak where a fund publishes it in free form. Many of the largest managers render their portfolios client-side, invisible to machines. An analyst who has to defend a written claim is left choosing between an expensive database that shows a number without its origin, and an hour of manual checking. The observatory closes that gap.

WHAT IT DOES

Three surfaces, one discipline.

A row you can cite

Every fact carries its evidence: an immutable source snapshot with a SHA-256 hash, the verbatim passage and its exact locator.

IN PRACTICE: Records are classed honestly - attested when a reviewer verified the stored snapshot, observed when a page was read live. A gap is drawn as a gap, never averaged away.

Change, not state

Repeat passes over the same portfolio pages turn snapshots into events: a position appears, a position quietly disappears.

IN PRACTICE: Each change is evidenced by the before-and-after pair of snapshots. One snapshot is a fact sheet; the difference between two is a signal.

Measured accuracy

The observatory registers claims that future disclosures will confirm or refute, and publishes its own hit rate and calibration.

IN PRACTICE: The register is append-only: misses stay on the same board as hits. No data provider publishes its own error rate. This one will.

PUBLIC BOUNDARY

What the observatory refuses to do.

The instrument is built around the discipline of provable rows; these boundaries are architectural, not legal fine print.

Public disclosures only - portfolio pages, fund reports, regulatory filings. No privileged information, and no claim to any.
Nothing is invented: a field without a source stays empty rather than being filled from a weaker source.
Not investment advice. The observatory documents what investors did, not what anyone should do.

STATUS

Live instrument, private beta.

The observatory runs continuously and its interface is public. The catalog is being filled deliberately - collection first, verified rows second - so early visitors will see honest empty states rather than placeholder data. Access to the full evidence layer opens by request while the beta lasts.

Open the live instrument → Its place in the registry →