Audit and Accounting
Power transaction monitoring, data reconciliation, and financial reporting with Explorer and Datashares.
Audit, accounting, and compliance teams depend on Allium for transaction monitoring, data reconciliation, and financial reporting.
Common Use Cases
- Transaction Monitoring: Real-time tracking of blockchain transactions
- Data Reconciliation: Automated cross-chain data reconciliation
- Financial Reporting: Comprehensive reporting tools for compliance
- Audit Trail: Complete history of blockchain activities
Accounting & Professional Services
| Use Case | Allium’s Solution | Customer Example |
|---|---|---|
| Account Reconciliation & Auditing | Allium’s crosschain historical balances and credit-debit transfer schemas enable account reconciliation for any wallet & token at any point in time. | Big 4 accounting firms and fund accountants trust Allium’s data to reconcile & audit client account balances and transaction activity |
| Financial Monitoring & Tax Reporting | Allium’s real-time & historical balances and transaction data allow live tracking & reporting for financial KPIs and taxes | TaxBit leverages Allium’s data platform to power their corporate information reporting & transaction monitoring platform |
| Complex DeFi & Staking Analysis | Allium’s enriched data for DEX & NFT interactions, staking, and bridging enable deeper analysis & reporting for wallets with complex onchain activity | Big 4 accounting firms and auditors use Allium’s data to calculate & report realized gains & losses from complex DeFi and staking activity |
DEXs
| Use Case | Allium’s Solution | Customer Example |
|---|---|---|
| Financial Reporting & Data Reconciliation | Allium’s real-time & historical balances and enriched DEX schemas aggregate DEX trade data for a single blockchain or across multiple blockchains. | DEXs trust Allium’s data to calculate financial KPIs, power customer trade reporting, and reconcile transactions & balances to pass audits. |
| Wallet Monitoring & Funds Management / Sweeps | Allium’s balances and DEX Fees data enable visibility into EVM-specific fee details (e.g. priority fees) computed at the transaction level. | DEXs use Allium’s data to monitor fee collection wallet balances in realtime and trigger fund sweeps into treasury wallets using automated thresholds. |
| Airdrops – Sybil Detection | Allium enables investigations into fraudulent blockchain activity via behavioral-based clustering techniques. It can detect patterns across thousands of wallets and transactions that would be nearly impossible to identify manually. | Jito worked with the Allium team to identify and remove sybil abusers to prepare for their JTO token airdrop. Wormhole also worked with the Allium team to identify and filer out sybil clusters to prepare for their multichain W airdrop. |