Handle millions of transactions quickly and efficiently, powered by Cryptio Bedrock’s advanced infrastructure.

Regulated enterprises will onboard the next billion users to the blockchain. Increased activity means higher transaction volume. Accounting operations like data ingestion, cost basis computation, filtering, labeling, and mapping often break with high-volume transactions. In-house systems face limited tech capacity and limitations to their databases. SME sub-ledgers are not built to scale with large enterprises. Excels definitely can’t handle high-volume transactions.

Scalability is not just about handling large volumes but doing so with speed and precision. Cryptio Bedrock infrastructure is built with regulated enterprises in mind. It offers a performance boost that redefines what’s possible in the crypto back-office.

Increase back-office operations speed and efficiency

Cryptio’s tech team has developed advanced indexing and data storage techniques to improve performance. This improvement allows for super-efficient filtering of transaction history and retrieval of results. The feature includes streaming capabilities for handling large datasets, workspace indexing for handling large datasets, and efficient filtering mechanisms.

Cryptio Bedrock is engineered for speed, offering 80x faster data ingestion and processing capabilities than Colossal and up to 200x faster than other vendors. For example, data processing by filtering three data points through one million transactions requires less than 1 second.

Whether it’s 50x faster cost basis computations or 10x improvement in Chart of Accounts (CoA) mapping, Bedrock ensures that speed directly translates into scalability. This acceleration is critical as these operations are the backbone of closing financial books and provide transparency within and outside the business.

Handle billions of transactions in a controlled environment

As crypto assets gain mainstream adoption through exchanges, ETFs, and stablecoins, understanding and reconciling high volumes of customer transactions becomes crucial. This challenge requires robust infrastructure capable of handling such scale.

Cryptio Bedrock has the capability to process over 1 billion transactions and monitor 100 million wallets per month. Such capacity is made possible through our Batching Engine, which ensures that even as transaction volumes surge, performance remains consistently high. Similar to how Layer 2 roll-ups help users reduce fees and improve speed, Cryptio’s roll-ups batch multiple transactions together based on movement (corresponds to specific asset). This is especially important for many small transactions e.g. transaction fee revenue that by itself is immaterial, but batched together allows finance team to see the bigger picture.

Understand large transactions volume with automated categorization and custom rules

To complement its speed and scale, Bedrock also introduces advanced automations to help streamline finance teams’ workflow from month-end preparation to treasury activity recognition. These automations make on-chain activities more transparent by translating them into user-readable transactions.

Leveraging over 100 data points, Cryptio Bedrock automates the tagging of trades and transactions, simplifying complex processes. The rule-based categorizations are now more advanced, allowing users to create custom rules with new data points. These include system categories (such as significant assets, items not to be booked, and spam), transaction types (e.g., trading, staking, mining), counterparties, and specific wallet addresses. This custom rule creation enhances the experience of generating bespoke reports required for regulated businesses.

Next in Bedrock: Compliance

In the final part of our series, we’ll explore compliance with Cryptio Bedrock, covering how the platform meets regulatory standards with advanced features like regulatory reporting chart of account mapping and advanced asset management. Stay tuned for an in-depth look at how Bedrock supports your enterprise in navigating the complex world of crypto compliance.

Is Cryptio Bedrock right for you?

Cryptio Bedrock is SOC 1 and 2 Type 1 and 2 compliant. If your enterprise holds crypto on its balance sheet and requires rigorous data quality checks, Cryptio Bedrock is the solution you need. Trusted by over 450 enterprises, Bedrock is designed to support a wide range of regulated crypto use cases with robust back-office processes.

Get started with Cryptio Bedrock today

Cryptio Bedrock is the chosen data platform for regulated institutions’ financial reporting, operations, and compliance needs. Explore how Bedrock can transform your financial integrity and scalability today. Book a meeting here.