Research
KAIROS Research
Dhruv Intelligence was founded in April 2026.
Research study
The KAIROS longitudinal study protocol — our first formal research initiative — launched June 1, 2026 and concludes October 31, 2026. That date is the research study ending, not the product.
The KAIROS dataset draws from decades of principal-side facility data across multiple institutional custodial relationships — assembled from primary observation, certified institutional records, and longitudinal behavioral capture. No comparable dataset exists in the public or academic record.
OSF Pre-Registered Study
Institutional inquiries regarding dataset access, research partnership, or co-authorship are welcome. Contact us at info@dhruvintelligence.ai
Foundations & Evidence
Foundations that inform our thinking — not our methods.
No affiliation with any cited author or institution is implied or stated.
Public Citation Register
- Luck & Santos, "The Valuation of Collateral in Bank Lending," Journal of Financial and Quantitative Analysis, Vol. 59 Iss. 5 (August 2024)Collateral pricing; marketable securities the most valuable collateral class.
- FINRA, 2015 Regulatory & Examination Priorities LetterSecurities-backed lines of credit named a priority product.
- SEC OIEA / FINRA, Investor Alert: "Securities-Backed Lines of Credit — It May Pay to See Beyond the Pitch" (2015)Market volatility can magnify potential losses.
- Federal Reserve, FEDS Note (August 2024) — Estimating Securities-Based Loans OutstandingSizes the outstanding SBLOC market; no centralized reporting.
- Financial Stability Board, "Liquidity Preparedness for Margin and Collateral Calls" (December 2024)Collateral-timing theme.
What the Institutions Themselves Disclose
- SBLOC agreements run hundreds of pages with explicit haircut disclosures and batch-update / collateral-revaluation acknowledgments — written by the lenders themselves.
- Regulators warn, in their own words, that market volatility can force fast collateral calls and magnify potential losses.
The institutions disclose the timing risk. Almost no one reads hundreds of pages to find it. Dhruv reads it for you — in real time.
Public Data Sources & Industry Research
Regulatory & Government
- Federal Reserve FEDS Note (Aug 2024) — Estimating Securities-Based Loans Outstanding
- Federal Reserve SR 11-7 — Model Risk Management
- FINRA Margin Statistics
- FINRA Rule 4210 — Margin Requirements
- FINRA BrokerCheck
- FFIEC Call Reports
- OCC Semiannual Risk Perspective
- SEC Regulation Best Interest
- BIS Quarterly Review
- Financial Stability Board: Margin & Collateral Calls (Dec 2024)
ACADEMIC & INDUSTRY RESEARCH
- Federal Reserve — "Estimating Securities-Based Loans Outstanding," FEDS Note (August 2024)
- FINRA — "Securities-Backed Lines of Credit," Investor Insights
- SEC — "Staff Bulletin: Standards of Conduct for Broker-Dealers and Investment Advisers — Conflicts of Interest"
- Walter, I. — "Conflicts of Interest and Market Discipline Among Financial Services Firms," NYU Stern
- Egan, M., Ge, S., & Tang, J. — "Conflicting Interests and the Effect of Fiduciary Duty: Evidence from Variable Annuities" (NYU / Harvard)
- Financial Stability Oversight Council — 2025 Annual Report
- KAIROS Working Paper — forthcoming on SSRN.
Market Research
- JPMorgan Private Bank Global Family Office Report 2026
- Capgemini World Wealth Report 2025
- BlackRock Global Family Office Report 2025
- RBC/Campden Wealth North America Family Office Report 2025
- Deloitte Family Office Digital Transformation 2024
- Citi Private Bank Global Family Office Survey 2024
- Bank of America Family Office Study 2025