Case Study: Trident Trust achieves automated monthly NAV calculations and streamlined crypto fund reporting with Lukka

Trident Trust Crypto Fund Administration Practice

Trident Trust, a global leader in fund administration, entered the crypto space in 2017 and faced cumbersome, manual processes to collect clients’ crypto transactional data (screenshots, files, spreadsheet work) and to apply pricing and transform outputs for traditional fund accounting systems. To solve this, Trident engaged Lukka and adopted Lukka Enterprise along with Lukka’s technology, data and professional services to support monthly NAV calculations for its crypto hedge fund clients.

Lukka implemented automated transaction data ingestion, account balance calculations and valuations (initially for crypto‑fiat spot trades) and used Lukka Enterprise to transform data and deliver standardized reports directly loadable into Trident Trust’s accounting system. As coverage expanded to derivatives, lending, staking and Ethereum DeFi activity, Lukka enabled automated reporting for over 50 crypto hedge funds, provided pricing/valuation for 700+ crypto assets, and eliminated manual intervention in the upload of monthly NAV reports.

Trident Trust

Dan Smith

President