i.
Claims engine.
AI reads creditor filings and returns a verified, classified claims table in hours instead of months. Every number traceable to its source document.
Financial infrastructure for insolvency — global
The operating system for bankruptcy trustees.
In every insolvency, exactly one party is legally required to know everything — the court-appointed administrator. Trustee OS is the software that runs their case, and the ledger that comes out of it.
What it is
One system for the whole case.
An insolvency runs on four things: a verified list of who is owed what, a monthly account to the court, thousands of creditors who need answering, and a plan that ends in money moving. Trustee OS does all four, in one place, from the case's own documents. The statute changes from country to country. The work does not.
Claims
read, verify, classify.
Reporting
drafted from the case data.
Creditors
answered without a call.
Plan & payout
modelled and executed.
Jurisdictions
Where do you practise?
Insolvency is procedural, and the procedure is national. Pick your jurisdiction to see the process, the role, the caseload and the modules that apply to it.
→
Brazil
Administrador judicial · Lei 11.101/2005
→
United States
Bankruptcy trustee · Title 11 U.S.C.
→
United Kingdom
Insolvency practitioner · Insolvency Act 1986
→
Germany
Insolvenzverwalter · Insolvenzordnung (InsO)
→
France
Mandataire judiciaire · Code de commerce
→
Mexico
Conciliador / síndico · Ley de Concursos Mercantiles
→
Colombia
Promotor / liquidador · Ley 1116 de 2006
→
Chile
Veedor / liquidador · Ley 20.720
→
Argentina
Síndico · Ley 24.522
Same statutory duty everywhere — verify every claim, inventory every asset, account for the cash, report to the court. We build one jurisdiction at a time, properly.
The problem
One party has to know everything.
Not the debtor — that's the party that failed. Not the creditors — each one only sees its own claim. Not the judge — he decides on what is handed to him.
The administrator must verify every creditor claim against the debtor's books, inventory every asset, audit the cash monthly and report all of it to the court.
Today that happens in Excel and Word: thousands of creditor filings checked by hand over months, a monthly court report typed from scratch, thousands of creditor questions answered one at a time.
The product
Four modules. One case of record.
Trustee OS replaces the spreadsheets, letters and phone calls that today consume the administrator's team — and turns the work into structured data.
ii.
Court reports that write themselves.
The monthly report to the court drafts itself from the case's own data — activity, cash, payroll, compliance.
iii.
Creditor portal.
Thousands of creditors get answers 24/7 instead of calling. The administrator stops being a call centre.
iv.
Plan & distributions.
Model cash flows, classes and pro-rata distributions; run the payout.
Why now
Three things changed at once.
a.
Record volume.
Insolvencies have risen globally for five consecutive years and are forecast to rise again in 2026.
b.
The technology turned.
LLMs can finally read messy legal PDFs reliably.
c.
The regulator forced it.
Courts and regulators are squeezing administrator compensation and tightening reporting standards in market after market. Where fees are capped and reporting duties grow, headcount stops being an option and software becomes the only lever. Brazil's June 2026 fee reform is the sharpest example — see the Brazil page.
Global
The same role exists in every jurisdiction.
Different statute, identical job — verify every creditor claim, inventory every asset, account for the cash, and report all of it to the court. That is why this architecture re-exports.
"The incumbents that run a pre-AI version of this workflow in the United States were acquired by private equity at US$1–3B each; one of them serves roughly half of all US Chapter 7 panel trustees on software built before the cloud. The role is the same everywhere. Nobody has rebuilt it with AI anywhere."
What it produces
Three assets nobody else holds.
Running the case leaves three assets nobody else holds: the only verified live ledger of who is owed what, by whom, secured by what; the registry of what estates own and what it fetches at sale; and the cash rail, because distributions physically pass through the administrator.
"Everyone who tried to build a market for distressed claims started at the market. Nobody can price a claim nobody can see. We reach the price by running the case."