-2.png)
As a qualified digital asset custodian, Rakkar is dedicated to empowering institutional clients with robust reporting tools that ensure accountability, compliance, and security, streamlining efficiency and operations for all institutions investing in digital assets.
Rakkar’s Proof of Assets Report
The Proof of Assets Report is a gold-standard verification document that sets the benchmark for confirming digital asset ownership under our custody, used commonly for digital asset auditing purposes. Utilizing cutting-edge cryptographic techniques, such as signature hashes, it ensures meticulous validation of asset ownership and full accountability. Aligned with industry-leading auditing and security protocols, this report underscores our unwavering commitment to transparency, trust, and institutional-grade reliability.
Accessible directly through the Rakkar web console, the Proof of Assets Report offers seamless one-click export in .CSV, backed by industry-leading security certifications such as ISO 27001, SOC 1 & SOC 2. Advanced data points that are included within the report are cryptographic signature hashes ensures assets are immutable, tamper-proof, and fully accounted for. Clients benefit from customizable grouping options, enabling granular insights by asset or vault name, along with real-time ownership verification for enhanced operational transparency.
Key Use Cases for Proof of Assets Report
1. Simplified Regulatory Reporting
The Proof of Assets Report streamlines compliance by simplifying regulatory obligations across multiple jurisdictions. With customizable reporting options by asset class or vault name, institutions can efficiently manage both internal and external reporting requirements, reducing operational complexity.
2. Segmented Reporting for Portfolio Management
Tailored for portfolio managers, the report provides granular insights into asset holdings. Clients can customize reporting parameters to align with specific portfolio objectives or client mandates, empowering more effective digital asset monitoring and management.
3. Institutional-Grade Transparency
The report delivers a detailed breakdown of asset holdings, categorized by type, quantity, and designated vaults. This level of transparency bolsters trust, giving institutions and their stakeholders confidence in the safety and performance of their assets.
4. Real-Time Accountability
Moving beyond traditional static reports, the Proof of Assets Report offers real-time ownership verification, providing dynamic updates on asset status. This ensures ongoing visibility and accountability, critical for institutions managing digital assets at scale.
End-of-Day Balances Report
The End-of-Day (EOD) Balance Report simplifies accounting and reconciliation processes with one-click export functionality and customizable filters. It supports CSV exports containing comprehensive data on transactions, networks, vaults, and addresses, all presented with accurate, time-stamped records.
Designed for operational flexibility, the report allows data grouping by asset or vault and offers adjustable date filters for tailored insights. With instantaneous report generation, even for high-activity accounts, the EOD Balance Report ensures efficiency and transparency, empowering institutions to maintain control over their digital asset management.
Key Use Cases for End-of-Day Balances Report
1. Daily Financial Reconciliation
The EOD Balance Report enables institutions to efficiently reconcile digital asset balances with internal accounting systems. By providing accurate, time-stamped records of transactions and balances, it ensures all financial activities are aligned, reducing errors and discrepancies in daily operations.
2. Regulatory and Compliance Reporting
The report simplifies the preparation of mandatory financial disclosures by offering customizable grouping options by asset or vault. This helps institutions meet jurisdictional requirements with ease while maintaining audit trails that satisfy regulatory standards.
3. Transaction and Asset Movement Tracking
With detailed logs of asset movements and transaction histories, the EOD Balance Report supports granular analysis for auditing purposes. Institutions can trace the flow of funds across networks and addresses, ensuring transparency and accountability for both internal and external stakeholders.
Why Rakkar’s Reports Matter
The Proof of Assets Report and End-of-Day Balances Report are institutional-grade solutions designed to instil confidence and drive operational excellence. Built to deliver real-time accountability, ironclad security, and streamlined, customizable reporting, these reports provide the transparency and precision required to navigate the complexities of the digital asset ecosystem, ensuring compliance and safeguarding stakeholder trust.
Explore how Rakkar’s reports can elevate your custody operations. Contact us today to learn more.
