AutoRek launches crypto reconciliation platform
24 June 2025 US
Image: stock.adobe.com/Ishan
AutoRek has launched Mion, a data management and reconciliation platform designed to handle cryptocurrency and digital asset operations.
AutoRek says that the platform’s architecture can handle extreme precision requirements and can process “up to 20 digits before and 18 after the decimal point to deliver accuracy and scale.”
The decision to build the platform came after a client approached the firm asking for a solution to the problem of precision.
Chris Livesey, CEO of AutoRek, explains: “When our client came to us with their challenge, it became clear that this wasn't just one client's problem — it was an industry-wide issue that needed solving.
“Traditional reconciliation systems simply cannot handle the precision requirements of these assets. Mion solves this fundamental problem, enabling institutions to maintain the same rigorous financial controls for crypto that they've relied on for traditional assets for decades.”
Jim Sadler, chief product, technology and operations officer at AutoRek, adds: “The challenge wasn't just about displaying more decimal places — we had to create custom code to overcome fundamental database technology limitations.
“The platform features specialised proprietary functions that ensure mathematical calculations can be processed at these new levels of precision, enabling accurate valuations, currency calculations, and data aggregation for digital assets.”
AutoRek says that the platform’s architecture can handle extreme precision requirements and can process “up to 20 digits before and 18 after the decimal point to deliver accuracy and scale.”
The decision to build the platform came after a client approached the firm asking for a solution to the problem of precision.
Chris Livesey, CEO of AutoRek, explains: “When our client came to us with their challenge, it became clear that this wasn't just one client's problem — it was an industry-wide issue that needed solving.
“Traditional reconciliation systems simply cannot handle the precision requirements of these assets. Mion solves this fundamental problem, enabling institutions to maintain the same rigorous financial controls for crypto that they've relied on for traditional assets for decades.”
Jim Sadler, chief product, technology and operations officer at AutoRek, adds: “The challenge wasn't just about displaying more decimal places — we had to create custom code to overcome fundamental database technology limitations.
“The platform features specialised proprietary functions that ensure mathematical calculations can be processed at these new levels of precision, enabling accurate valuations, currency calculations, and data aggregation for digital assets.”
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