The Wakett Blog

How Automation Transformed Crypto Trade Reconciliation for a Financial Firm

Written by Wakett | 14 August 2025

If you’ve ever wondered whether automating crypto trade reconciliation was possible, then the answer is yes. But we’ll go a step further and say that if you’re currently spending hours matching trades across multiple platforms, correcting mismatches, and double-checking for errors, then it’s not just possible... It’s absolutely essential!

Indeed, our AUTOMAN Crypto API software has turned what was once a painstaking, error-prone process into an efficient, reliable, and fully transparent workflow. 

Here’s how we helped them achieve this.

 

Case Study 2: How Wakett Helps a Financial Firm Reconcile Thousands of Crypto Trades in Minutes

Not long ago, a financial company active in the crypto market approached us with a pressing challenge: every day, its team was reconciling thousands of trades across different crypto exchanges, but while the trading itself was smooth, reconciling those trades with their internal records was a nightmare.

That’s because the process involved manually cross-checking exchange exports, internal trade logs, and settlement reports, all of which came in different formats. But that’s not all: even small mismatches took hours to investigate, and closing the books at month-end became a race against the clock.

To add insult to injury, the problem wasn’t just the workload, either. Manual reconciliation left room for human error, delayed reporting, and increased operational risk.

Thankfully, they reached out and, together, we paved a way to help automate their crypto trade reconciliation without sacrificing accuracy

To do this, the starting point was AUTOMAN Crypto API, our in-house software that can

➡️ automatically collect data from multiple crypto sources, 

➡️ convert it into a consistent format, 

➡️ match every single trade with the company’s internal records, and

➡️ flag up anything that doesn’t quite meet the client’s strict parameters.  

The result?

✅ What once took hours of manual checking was now completed in minutes.

✅ Accuracy improved dramatically, with human-produced reconciliation errors reduced to zero.

✅ Month-end closing went from being a stressful bottleneck to a straightforward, predictable process.

For this client, the result was transformative: less time buried in spreadsheets, more time focused on strategic growth.

So, if you’re ready to bring the same speed, accuracy, and peace of mind to your crypto operations, get in touch with us for a no-obligation chat.