EY Blockchain Analyzer: Reconciler

EY Blockchain Analyzer: Reconciler is an enterprise-grade SaaS platform that enables organizations to query on-chain blockchain data for digital assets, cryptocurrency, and blockchain business transactions. The solution addresses the critical need for enterprises to reconcile internal crypto data with external on-chain data, reducing the risk of errors and inconsistencies.

Key Reconciliation Capabilities

Blockchain Address Derivation: Derive addresses from BIP32 wallets and extended public keys to validate wallet structure and support custody solutions. The platform allows enterprises to derive child addresses using extended public keys and derivation paths.

Multi-Asset Balance Lookups: Query on-chain data including transactions, wallet addresses, and historical balances across multiple blockchain assets. This enables comprehensive reconciliation of cryptocurrency holdings and ensures accuracy of wallet balances maintained in internal systems.

Balance Verification and Reconciliation: Extract on-chain balance data and compare it against off-chain records to identify discrepancies. Support for historical balance queries as of specific block heights or timestamps enables verification of past financial statements and regulatory filings.

API-Based Data Querying: Seamless API integration allows enterprises to connect and query blockchain data for downstream processing in their existing accounting and ERP systems. The platform provides robust APIs for retrieving blockchain transaction data and automating balance verification.

Transaction Analytics: APIs enable clients to retrieve blockchain transaction data and build tailored analytics solutions. This supports custom reporting, audit requirements, and analysis needs for crypto accounting.

Enterprise-Ready Infrastructure

The platform is built to address InfoSec and cybersecurity expectations of financial institutions, providing enterprise-grade security and compliance features. The solution offers 24/7 availability, allowing flexibility to extract data and run scheduled jobs at any time.

Subscription Plans

Available in three tiers: Free (500 operations, 1 user), Basic ($500/month for 2K operations, 10 users, standard support), and Enterprise (tailored volume, standard SLAs). The platform includes an administrator console for managing API usage and external system integration capabilities.

Use Cases

Ideal for cryptocurrency exchanges, financial institutions, audit firms, and any enterprise managing digital assets that needs to reconcile on-chain data with internal records. The solution helps organizations meet regulatory requirements, maintain accurate crypto asset accounting, and provide auditors with independently verifiable balance data.