Platform / Reconciliation
Don't Let Reconciliation Errors Define Your Bottom Line
Validate every trade, position, and balance across all counterparties in real-time. Reduce costly errors, gain complete operational control, and ensure your records remain reconciled and audit-ready.
Manual Reconciliation Introduces Operational Risk
Institutional digital asset trading spans multiple venues, custodians and internal systems. When reconciliation relies on spreadsheets or disconnected tools, inconsistencies emerge between execution, portfolio and counterparty records.
This is often as a result of:
Trade and position breaks across venues
Delayed reconciliation impacting reporting accuracy
Manual matching of fills and balances
Inconsistent IBOR vs counterparty records
Limited audit trail and governance controls
In institutional environments, reconciliation must be continuous, transparent and defensible.
Reconciliation That Keeps Up With the Trading Day
Trade-Level Matching
Reconcile trades at the transaction level across exchanges, liquidity providers, custodians and internal systems, not just balance-level summaries.
Position & Balance Verification
Continuously validate positions, balances and movements to ensure alignment across counterparties and internal records.
IBOR Alignment
Maintain consistency between execution data, portfolio records and external counterparties to preserve an accurate institutional book of record.
Break Identification & Resolution
Surface discrepancies in real time with contextual data to enable faster investigation and resolution by operations teams.
Audit-Ready Record Keeping
Maintain transparent, time-stamped records of trades, movements and reconciliation events to support compliance and governance.
Standardised Data Architecture
All reconciliation workflows operate on the same unified data layer as execution, portfolio and risk — eliminating duplicate ingestion and inconsistent calculations.
Reconciliation Embedded Across the Full Trade Lifecycle
Reconciliation is not an end-of-day task. It runs continuously, across every stage of the trade.
Pre-Trade
Validate balances and collateral availability before deploying capital.
Execution
Capture and standardise execution data at source.
Post-Trade
Automatically match trades, positions and movements across venues.
Frequently Asked Questions
What is post-trade reconciliation?
Post-trade reconciliation is the process of verifying that all details of a trade or balance in a firm's internal records match the records of its external counterparties (e.g., exchanges, custodians). For digital assets, this must happen in near real-time to manage operational risk effectively in a 24/7 market.
How does reconciliation support the Investment Book of Records (IBOR)?
While the IBOR is the firm's internal 'source of truth,' reconciliation is the process that proves it is accurate. By continuously validating the IBOR against external data, our reconciliation engine provides the evidence that gives you, your investors, and your auditors absolute confidence in your portfolio data.
How does your platform handle breaks?
Our platform provides a centralised dashboard to manage the entire lifecycle of a break. It automatically identifies and categorizes the discrepancy, allows you to assign it to the responsible team member for investigation, and tracks all actions and communications through to resolution, all captured in an immutable audit log.
Can reconciliation be performed in real time?
Yes. Elwood continuously validates trades and balances to reduce operational risk and reporting delays.
Is this suitable for multi-venue institutional trading?
Yes. Elwood supports reconciliation across multiple exchanges, custodians and counterparties within a unified institutional framework.
How is reconciliation activity logged for audit purposes?
The platform maintains a complete, time-stamped record of data ingestion, matching, and resolution activities, suitable for use as part of an institutional firm's own audit and recordkeeping framework.
Maintain a Trusted Source of Truth
Eliminate manual reconciliation and strengthen institutional control across digital asset operations.