Trade Reconciliation
One truth across every counterparty.
Real-time reconciliation for multi-party trades. Resolve mismatches at the source, enforce canonical sequencing, eliminate post-trade disputes.
The Problem
Trades break between parties.
Brokers, custodians, and counterparties each maintain separate records. Mismatches surface late, cost money, and erode trust. LedgerLane eliminates the gap.
🔄
Real-Time Matching
Confirmations, allocations, and settlement instructions matched as they arrive. No batch windows. No overnight breaks.
⚖️
Neutral Coordination
No single party owns the record. LedgerLane acts as a shared reference layer that all participants trust equally.
🔗
Canonical Sequencing
Every trade event is ordered deterministically. Disputes over timing, priority, or state are resolved by the ledger, not by negotiation.
Reconciliation Flow
From execution to settlement.
Five stages. Every mismatch caught before it becomes a dispute.
- Three-way matching across broker, custodian, and counterparty records
- Exception management with automated escalation workflows
- Tolerance-based matching for price, quantity, and fee discrepancies
- Full audit trail with immutable event log for regulatory review
- Direct network validator participation for settlement ordering visibility
- API-first integration with existing OMS, EMS, and custody platforms
Technical Architecture
Infrastructure.
Event-driven reconciliation engine with direct validator network integration for canonical trade ordering.
┌──────────────────────────────────────────────────────┐
│ Participant Feeds (FIX / API / SFTP) │
└───────────────┬──────────────────────────────────────┘
│
┌───────────────▼──────────────────────────────────────┐
│ Ingestion Layer │ Normalize │ Deduplicate │
└───────────────┬──────────────────────────────────────┘
│
┌───────────────▼────────┐ ┌──────────────────────────┐
│ Reconciliation Engine │ │ Validator Node │
│ ├─ 3-Way Matcher │ │ ├─ Event Ordering │
│ ├─ Tolerance Engine │◄─┤ ├─ Consensus Timestamps │
│ ├─ Exception Manager │ │ ├─ Settlement State │
│ └─ Position Calculator│ │ └─ Dispute Resolution │
└───────────────┬────────┘ └──────────────────────────┘
│
┌───────────────▼──────────────────────────────────────┐
│ Reporting │ Audit Log │ Regulatory Export │
└──────────────────────────────────────────────────────┘