Megabuyte50 rankings: Highest New Entrant

Winning the overall Highest New Entrant in the 2017 Megabuyte50 rankings, Xceptor was last night presented with an Outstanding Performance Award. Coming straight in at #3 out of 50, Xceptor was assessed against 7 growth-related KPIs as part of the Megabuyte Scorecard benchmarking methodology. About the megabuyte50 awards The megabuyte50 awards…

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Digital Transformation in Banking – Iteration Vs True Innovation

This week we read yet another article on digital transformation. But this one is different - it's written about digital transformation in Retail Banking, not something we would normally read. The interesting thing is that all the themes also translate to Wholesale Banking. The Financial Brand reviewed the "Innovation in…

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75% of Financials to Use AI in the Next 12 Months

Two articles by Markets Media caught our attention this week. Both highlight the growing use of AI by financial institutions - specifically in compliance, customer support, research, sales, and trading. In the first piece, "75% of Financials to Use AI in the Next 12 Months", Markets Media reviews a new…

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Cutter Associates NY – Automating Asset Management

Marco Sablone (L) and Todd Rudley (R) Xceptor sponsored last week's Cutter Associates meeting in New York, where Todd was invited to speak on the "Automating Business Processes" panel alongside UiPath. The panel highlighted the problems faced by Asset Managers, which as an industry is still reliant on manual processing,…

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Digital Transformation Continues to Make Headlines

Financial institutions continue to focus their efforts on automating processes across multiple functions. These include managing data (capture, cleansing, validation), RPA, matching and reconciliation, document production, workflow tools, AI, process monitoring and reporting. From our discussions with financial institutions, there seems to be a consensus that they are looking for…

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Automating Tax Relief at Source

This week we read a very interesting piece, "Developing a relief at source gold standard", written by Len Lipton for Bobsguide. Len writes about the hugely complex and time-consuming process of recovering over-withheld taxes on international investment income. As a result of these complexities, many financial institutions simply can't offer…

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Xceptor Enters Megabuyte Scorecard with Superior Rating

Press Release - Xceptor, the leading provider of process and data automation services for the financial sector, today announced that Megabuyte has issued a Company Brief, rating Xceptor as Superior. The Superior rating reflects the early success of Xceptor's strategic priorities, which include increasing penetration with existing clients, developing closer…

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Xceptor Appoints Todd Rudley As Sales Director For North America

Press Release - Xceptor, the leading provider of process and data automation services for financial institutions, today announced the appointment of Todd Rudley as Sales Director for North America. Reporting to Andrew Kouloumbrides, Chief Executive Officer, Rudley is responsible for managing existing clients and increasing sales with financial institutions in…

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Automating Trade Processing in Capital Markets

Technology continues to transform capital markets, with most banks (if not all) looking at how to further deploy technology in their business. Technology offers the potential of increased speed, accuracy, efficiency, reduced risk, and additional capacity, as employees in post-trade processing are freed from manual repetitive tasks to focus on…

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Automation Continues to Drive Change

Even with the advent of blockchain, machine learning and artificial intelligence, automation remains the technology that continues to revolutionise the financial industry. Emilia David recently published an interesting article for Waters Technology, which looks at the importance of automation and its significant impact on the financial industry. Blockchain and AI…

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