Kordio Ledger · Cross-border trade
One balanced journal for every corridor.
For Importers · exporters · trading houses · commodity desks
Multi-currency books for trade flows. USD, EUR, PHP, NGN, or USDC in one balanced journal, with FX gains and losses posted explicitly and bank statements reconciled against your postings.
- Balanced by construction
- Append-only journal
- Multi-asset, multi-currency
This is Kordio Ledger, the record half of the platform. Kordio Control decides what your software may spend before it spends; the ledger keeps the books for what it did.
Cross-border trade
One workspace for the financial record.
Reconcile movements, inspect balances, and trace the postings behind every number.
Kordio workspaceProduct preview
The friction
Where cross-border trade hits the ledger wall.
- 01
FX lives in a different system than settlement.
The rate you quoted, the rate you got, and the rate in the books are three numbers. The margin quietly disappears between them.
- 02
Escrow is a status column, not a real account.
Funds held for a shipment sit as a flag on a database row, so nothing stops them from being promised twice.
- 03
Correspondent banks send you PDFs.
Statements arrive as PDFs days later, and someone retypes them into a spreadsheet to find out whether the wire landed.
Why Kordio
Built for the way you actually operate.
- FX posted explicitly.
- Book each conversion as balanced postings with the gain or loss on its own account, so the margin stays visible instead of vanishing.
- Escrow as a real account.
- Hold funds for a shipment on a dedicated account with its own balance and history, moved only by balanced postings.
- Statements reconciled, not retyped.
- Load bank statement lines as an external source, match them against the journal, and chase only the breaks.
By the numbers
What "every corridor, one journal" looks like.
- 100%
- Balanced by construction
- $0
- Sandbox plan
- 5min
- Signup to first API call
- $49/mo
- First live tier, ledger included
Where to go next
Three questions, in the order people ask them.
Everything above is the ledger applied to cross-border trade. These are the pages that answer whether it is right for you, and what it costs if it is.
- What the ledger does
- Balanced postings, reconciliation against what actually cleared, period close, and the reports finance asks for.
- Build it, or buy it
- When writing your own is the right call, the five signals it has run out, and the eight things that cost more than the schema.
- What it costs
- Priced on postings a month, not on seats. Free in test mode with no card, and every number published.
Know where the money is, in every currency.
Start in the sandbox with your own corridors and currencies. No card required.