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The system of record for investment reasoning.

We record what your firm concluded and why: every thesis, the assumptions under it, the evidence behind them, and the contradictions your analysts resolved.

Built for investment research teams where conclusions have owners. Every piece of evidence links back to its primary source.

For investment research teams. We email you when there is something worth opening.

reasoning record · INTC · foundry thesisas of 2026-07
DECISIONHold position. Re-underwrite at Q4 against foundry-loss trajectory.recorded by M. Bhatt · inherits thesis: A. Rivera, Mar 2024
CONCLUSIONLoss narrowing is real; volume proof is not. Necessary, not yet sufficient.supported by 2 assumptions · 3 evidence refs
ASSUMPTIONFoundry losses troughed in 2024.INVALIDATED · FY2025 10-K · triggered review 2026-02
CONTRADICTIONManagement volume guidance vs. capex disclosure, same filing cycle.RESOLVED · by M. Bhatt · 2026-03 · resolution recorded
EVIDENCEFY2025 Form 10-K, segment disclosure.sec.gov · accession on file · click-verified

When an assumption breaks, the firm knows the same day, and knows which decisions it touches. The firm's chain of reasoning stays on the record.

Your team records the conclusion

Documents sit everywhere. The conclusions your analysts drew from them sit in decks, chat threads, and one person's head. SCND Order types each one into a governed chain: decision, conclusion, assumption, evidence.

Contradictions have a lifecycle

When two sources disagree, an analyst owns the conflict, resolves it, and the resolution travels forward. Six months later you can read who called it and why.

Research compounds across seats

A new analyst inherits the firm's prior theses with every broken assumption marked. When someone leaves, the firm keeps the reasoning.

Research teams build their own intelligence and own their reasoning.

SCND Order records what an investment research team concluded and why. Theses, assumptions, evidence, and contradictions, held in one record, with an owner and a primary source on every line.

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