Source Coverage
Reconciliation should cover exchange APIs, custody records, wallet activity, DeFi protocols, OTC trades, loans, and historical data backfill.
Evaluation Guide
Crypto Reconciliation Software
Crypto reconciliation software should help teams prove that trading records, balance changes, positions, and source data are complete and consistent across venues.
Definition
Crypto Reconciliation Software
Crypto reconciliation software compares trading records, transaction histories, balances, positions, and account snapshots across exchanges, custodians, wallets, and internal records to identify breaks and resolve discrepancies.
What to Evaluate
Core Evaluation Criteria
Completeness Checks
A reconciliation workflow should detect missing records, duplicate records, API gaps, unmatched transfers, and unexplained balance changes.
Exception Workflow
Teams need a way to assign, resolve, document, and review breaks rather than only receiving a static exception report.
Reporting Confidence
The goal is not just matching data. It is giving portfolio, risk, NAV, performance, and investor reporting workflows a reliable data foundation.
RFP & Vendor Questions
Use these questions during internal diligence, vendor evaluation, or RFP preparation.
- Which venues, custodians, wallets, and protocols are supported?
- How does the system detect missing or duplicated records?
- Can historical data be backfilled before go-live?
- How are unresolved breaks tracked and reviewed?
Relevant 1Token Platform
1Token Data Collection & Trade Reconciliation
1Token CAM supports data collection, normalization, historical backfill, automated reconciliation, discrepancy monitoring, and exception workflows.
Explore platformFAQ
Common Evaluation Questions
Why is crypto reconciliation difficult?
Crypto activity is fragmented across exchanges, custodians, wallets, DeFi protocols, OTC records, transfers, fees, funding, and corporate actions. Reconciliation must normalize and compare all of these sources.
How does reconciliation support investor reporting?
Investor reports depend on accurate balances, positions, transactions, PnL, and NAV inputs. Reconciliation reduces the risk of reporting from incomplete or inconsistent source data.