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The iSHARE Framework consists of six roles that, depending on the situation, interact with each other based on the Trust Framework agreements. Each role has a certain function in the framework and bears certain responsibilities, as described below:
Any party fulfilling a role in the iSHARE Trust Framework must be iSHARE adhering or iSHARE certified:
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The Scheme Owner is responsible for admission of the Satellites and the overall maintenance of the iSHARE Trust Framework, including the iSHARE Satellite participants' registry (iSHARE Registry)Participants' Registry.
Please refer to the detailed Functional descriptions for details on how the Scheme Owner facilitates and federates trust in the iSHARE Trust Framework
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Hypothetically, and dependent on the above, a use case could include all of the following relations between roles:
Note that the only relation mandatory in all use cases is the relation between the Entitled Party and the Service Provider, which establishes the entitlements of the Entitled Party. In the depiction of use cases, all legal relations are shown before the actual interaction is plotted in the framework.