Take control of all your inbound and outbound OTC confirmations processes in a single solution with the Xceptor Confirmations Product.
Our product incorporates ISDA, EMTA and EFET best practice workflows. It ingests, harmonises, templates and issues confirmations and manages the return.
Handles ISO 15022, ISO 20022, XML, CSV, Excel, PDF, email and capturing data from systems such as Murex, Calypso, Summit and enriching it for the optimal asset class distribution.
Xceptor uses logic to identify the unique product classification, client and confirmation method. This includes template type/delivery channel, network, drafting, indexing and enrichment.
Confirmations under scrutiny are captured and presented within the advanced workflow and exceptions management component supporting case management, multi-channel chasing and configurable MI reporting.
Rules-based logic deciphers level of automatic matching, and automatically matches if trade components agree. Real-time match status updates to upstream systems enable payment and netting processes for further decision making.
Integration with industry utilities and networks such as MarkitWire, TriOptima, ACS, ICE eConfirm, EFETNet, CLS, SWIFT support the transmission and management of standardised OTC Confirmations with defined asset class behaviours.
Gain control: Eliminate duplicity and improve control of all your OTC confirmations across a common workflow.
Increase STP: Over 90% STP across all asset classes, including commodities, interest rate, credit and FX, and money markets.
Transparency: Provides a clear view of where the trade is in its confirmation lifecycle.
User-Defined: User self-sufficiency to create asset-type specific processes to increase matching success.
Browser-Based: Superior user experience with configurable dashboard and browser-based software.
The original project was completed in just a few short months creating a real value-add for Standard Bank’s international business and we have subsequently rolled our Xceptor to our South African operation.
Head of Confirmations, ICBC Standard Bank
With so many asset classes needing to be settled from rates, credit, FX, energy derivatives to equity derivatives, we were reliant on lots of different systems. We needed a single solution that could handle all asset classes.