Trade reconciliation in digital asset markets involves the process of verifying and matching trade records between two or more parties to ensure accuracy and consistency. This typically includes confirming transaction details such as asset type, quantity, price, and settlement time. The objective is to identify and resolve any discrepancies to prevent errors, fraud, or operational risks. It is a critical post-trade activity for maintaining market integrity.
Context
News reports on trade reconciliation often surface in discussions about institutional adoption of digital assets and the development of robust market infrastructure. The need for efficient reconciliation solutions is particularly acute given the fragmented nature of crypto markets and the immutable record-keeping of blockchains. Innovations in this area, such as automated reconciliation tools, are crucial for attracting traditional financial institutions and ensuring compliance with regulatory requirements. It represents a key operational challenge and area of development for market participants.
DLT platform 1Source eliminates reconciliation breaks in the $4 trillion securities lending market, securing the transition to T+1 settlement and optimizing capital mobility.
The integration of DLT into securities finance post-trade processing establishes a single, golden source of truth, eliminating manual reconciliation and driving hundreds of millions in annual operational savings.
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