Reconciliations

Overview

The Partner will need to establish a reconciliation process between their books & records and DriveDigital's.

First, the Partner will need to build a process that allows them to confirm that positions are aligned between DriveDigital and their records daily. As it does for equities, the reconciliations endpoint will provide daily summary of trades so that the Partner can compare the trade details on their end.

Cash Balance Reconciliation

Cash movements and balance can be queried using the transactions endpoint for the Digital Assets Facilitation Account (i.e. the net cash balance is Digital Assets Facilitation Account + any cash in transit not reflected in the Digital Assets Facilitation Account).

Partners can utilize the reconciliations endpoint to cross reference their books and records to the statuses and details of digital accounts on DriveDigital's side. Refer to https://guides.drivewealth.com/docs/understanding-reconciliations for more details on reconciliation process/best practices.