Here are our four key takeaways, and a welcome update, that we took from the FIA IDX conference in London last month.
Optimize end-to-end data reconciliation for precision
Automate simple to complex reconciliations end-to-end, providing greater data transparency, accuracy, and control.
Take control of your data
A streamlined approach to managing reconciliations
With features designed to make it easy to take control of your data, Xceptor Reconciliations ensure accuracy from the outset and paving the way for frictionless reconciliations.
Key benefits
Take charge of your reconciliations. Get control of your data.
Accelerate your processes so that solving exceptions becomes the norm.
Simple configuration
Empower your business users to configure reconciliations easily and quickly, without the need for technical skills.
Streamlined processes
Extract all data sources and formats and prepare and transform data upfront to avoid false breaks. Reduce time spent on set-up and maintenance to comply with T+1 regulation.
Exception workflow
Automate and integrate exception management, with a comprehensive audit trail of actions performed on data.
Mitigate risk
Save time and mitigate risks with our rules-based engine. Improve straight-through processing and eliminate EUCs and spreadsheets in the process.
Associate Director, Head of Reconciliations
Xceptor has helped to shift the time and effort that my team used to spend on manual work to other less mundane and higher value activities.
Challenges ahead
T+1 will have a ripple effect, introducing intra-day reconciliations.
IDC predicts 85% of worldwide data will be unstructured by 2025.
Myriad of structured and unstructured data sources from legacy systems require frequent reconciliation.
False breaks consume time and effort to analyze and resolve and can expose your company to risk.
Reducing breaks and root cause analysis depends on the quality and availability of the right data.
Technical specification
Data from multiple formats
Process, aggregate and validate structured, semi-structured and unstructured data from multiple formats including PDF, XML, Emails, Word, Excel, CSV, Text and SWIFT.
Build powerful reconciliations
Flexible and easy to use rule building allows for complex reconciliations to be built through an intuitive user interface in a fraction of the time.
Effective exception management
Resolve exceptions within the application through powerful workflow tools and allow end users to apply self-service rules to eliminate manual repetitive tasks.
Industry focus
Our focussed approach to the financial industry
Understanding evolving market needs and constant regulatory change, we help financial institutions convert fragmented data into trusted, reliable sources.
Explore our solutions
We have a range of industry leading products, built on the strength of our highly configurable data automation platform.
Tax Processing
Helping financial intermediaries to stay on top of ever-growing tax processes, handling data driven requirements for operational taxes more efficiently.
Capital Markets Operations
Our capital markets operations product supports automation and modernization of your post-trade operational processes.
Client Onboarding
Boost your ROI, guarantee compliance and minimize risks: discover how our platform can transform your client management and transaction workflow processes.
Reconciliations
Helping financial institutions to automate simple to complex reconciliations end-to-end, providing greater data transparency, accuracy, and control.
Featured insights and resources
Get our expert insights and resources to learn more about automating asset management processes, data management and how we’re supporting financial services transformation.