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Strategic partnership to promote operational efficiency and risk reduction for domestic financial institutions
Xceptor, the intelligent data automation platform for financial markets, is pleased to announce a strategic partnership with, GRCS Inc. (Headquarters: Chiyoda-ku, Tokyo, President & CEO: Yoshikazu Sasaki). Xceptor has been deployed by major banks globally and has proven to reduce operational time and costs by up to 80%. The partnership promotes the first full-scale deployment of Xceptor in Japan, with GRCS supporting the implementation and operation of the platform across the region.
Financial institutions in Japan still rely on tools such as Excel and Access (EUC) that are created and managed by each department for data processing, resulting in reduced operational efficiency, increased operational and audit risks, as well as regulatory compliance costs.
Xceptor is a platform used by nearly half of the world's top 50 financial institutions to automate data ingestion, standardisation, and validation, and seamlessly integrate data. In the Japan market, where there is a lot of potential demand for compliance automation, GRCS will provide Xceptor implementation support services to major banks and securities companies through this partnership.
GRCS Inc. President and CEO Yoshikazu Sasaki said:
“We are very proud to be the first partner of Xceptor in Japan. We are confident that this partnership will not only bring transformation through the world's proven automation capabilities across the national financial markets, but will also accelerate our growth and strengthen Xceptor's presence throughout Japan.”
Grant Coombe, CRO of Xceptor added:
“This strategic partnership with GRCS marks a pivotal milestone in Xceptor's global expansion and a major step forward in accelerating our growth in Japan. We are confident that by combining our deep expertise in intelligent data automation and capital markets with GRCS's domestic market knowledge, we will be able to deliver transformative operational efficiency for Japan's financial institutions, resulting in better business outcomes and tangible results.”
About Xceptor
Xceptor is the intelligent data automation platform for financial markets providing data ingestion, standardisation, normalisation, and validation services. Catering to thousands of unique use cases, its highly configurable and enterprise-grade platform offers proprietary solutions for tax, reconciliations, confirmations, client onboarding, and allocations. Since 2003, Xceptor has been empowering businesses worldwide to trust their data and digitise their operational workflows. With offices in London, New York, Singapore, and Cape Town, Xceptor serves nearly 125 clients and over 11,500 users across 60 countries, including banks, asset managers, hedge funds, custodians, and asset servicers. For more information, visit www.xceptor.com.
GRCS Inc. Profile
Company Name : GRCS Corporation
Representative : President and CEO Yoshikazu Sasaki
Location : 1-1-1 Marunouchi, Chiyoda-ku, Tokyo Palace Building 5F
Established : March 2005
Capital : 50 million yen
Listing market: Tokyo Stock Exchange Growth (stock code: 9250)
Business: GRC and security-related solutions business
Press Release Enquiries: ir@grcs.co.jp
For media enquiries, contact:
Sofia Romano, Principal, Communications & AI
