Ledger management systems and methods

A method comprising:

• receiving, by a financial management system, a transfer request between heterogeneous ledgers;
• confirming, by the financial management system, that a source account associated with the transfer request is valid;
• issuing instructions, by the financial management system, to debit the source account and credit a settlement account;
• determining, by the financial management system, whether the source account is confirmed as valid;
• and
• responsive to determining that the source account is confirmed as valid, sending instructions to move funds from the settlement account to a destination account.

An apparatus comprising:

• a shared ledger configured to store data associated with a plurality of transactions;
• and
• a financial management system coupled to the shared ledger, wherein the financial management system is configured to:
• receive a transfer request that identifies a source account and a destination account;
• confirm that the source account is valid;
• confirm that the source account has a sufficient balance for the transfer request;
• issue instructions to debit the source account and credit a settlement account;
• determine whether the source account is confirmed as valid and the source account is confirmed as having sufficient balance for the transfer request;
• and
• responsive to determining that the source account is confirmed as valid and the source account is confirmed as having sufficient balance for the transfer request, send instructions to move funds from the settlement account to the destination account.