Aggregate & Process Data from Any Source
Tired of time-consuming, manual data manipulation? Drowning in a sea of spreadsheets? It's time to break free.
Today, we’re thrilled to announce the next generation of financial data management for digital assets. Meet Data Fusion by Bitwave.
📣 Data Fusion means a single, unified view of your financial landscape.
No more stitching together disparate data – effortlessly combine internal sources (like Snowflake) with third-party pricing engines, data warehouses, and more. With Data Fusion, you can explore your data with unprecedented precision, uncovering trends, identifying opportunities, and making data-driven decisions with confidence.
📣 Data Fusion means an end to manual data processing.
Your work doesn’t stop once you combine your data – it’s what happens next that counts.
Now you can create custom processing transformations like aggregations, exclusions, and inclusions in a snap, while automatically syncing it all to Bitwave for your financial reporting workflows.
Unlock a new era of efficiency with effortless reconciliation, reduced accounting complexity, and enhanced decision-making.
Watch: Bitwave CEO on Data Fusion (SAB 121 Reporting)
Data Fusion was announced live on stage at the 2024 Enterprise Digital Asset Summit (EDAS).
Watch Bitwave CEO and Co-Founder Pat White's 2-minute introduction and real-world example of Data Fusion for SAB 121 Reporting:
“'Accountants as Data Scientists' can use the data we have to power complex workflows within your organization.” - Pat White
How Does It Work
Bitwave Data Fusion delivers institutional data processing – it’s your data, your way. Data Fusion is built on a simple, three-step foundation:
- Aggregate your data sources from every corner – across databases, exchanges, ledgers, warehouses, and more. Explore raw data with audit-ready granularity and control. No more spreadsheet tracking.
- Process your data into a clean, usable format – AND enrich it with your own custom touches, like internal order IDs, pricing data, or pre-tagged transaction info. Create auditable, custom calculations and schemas that can be downloaded at every step and shared with your team
- Integrate your processed data right into Bitwave for financial reporting and analysis – set up automatic syncing on an hourly, daily, or weekly basis. With Bitwave’s streamlined accounting and tax workflows, you can achieve more.
The best part? With Data Fusion, you can configure a defined number of calculations, and review the precise results at each step. This flexibility puts you in control of your data processing.
Data Fusion delivers a streamlined, efficient, and auditable financial operation – no matter the location of your data sources or the complexity of your calculations.
“One of the powers of Data Fusion is the transparency of the journey” - Ore Philips, Bitwave Chief Customer Officer
Why We Built Data Fusion
The financial landscape looks very different today compared to when Bitwave was founded six years ago:
- Compliance needs have changed
- Reporting needs have changed
- Use cases for Bitwave have become more complex
Data Fusion is our answer to these challenges. As compliance, operational, and reporting complexities continue to grow, so will Bitwave.
Data Fusion is the next step in our mission to empower financial teams with the tools they need to thrive.
Bitwave In Action Today
We’re proud to have engineered some of the most innovative digital asset management solutions for today’s leading enterprises and institutions. Bitwave mitigates risk and increases efficiency for financial teams at every level – from accounting and treasury to FP&A and operations.
Here's a small sample of the challenges we solve every day for our enterprise customers and partners:
Get Started with Bitwave & Data Fusion
Ready to see the power of Data Fusion for yourself? We’d love to show you a demo!
With Bitwave, you can transform your digital asset finance operation like never before.
Disclaimer: The information provided in this blog post is for general informational purposes only and should not be construed as tax, accounting, or financial advice. The content is not intended to address the specific needs of any individual or organization, and readers are encouraged to consult with a qualified tax, accounting, or financial professional before making any decisions based on the information provided. The author and the publisher of this blog post disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use or application of any of the contents herein.
