Login
_1500x1000.png?width=1500&height=1570&name=Woman%20(black%20bg)_1500x1000.png "Woman (black bg)_1500x1000")
Disparate legacy systems were used for different asset classes to handle the discrete differences.
Inconsistencies in the trade confirmation process, increasing operational risk and hindering oversight ability.
Low rates of STP for specific asset classes, caused by manual processes.
Difficult to change required legacy systems to meet regulatory requirement.
Our solution
Automation of the trade confirmation process across rates, credit, FX, energy derivatives and equity derivatives using a common format that is balance sheet agnostic.
Audit and tracking functions used to increase control over the derivatives operation.
Platform managed by the operations team, who are empowered to make changes and fix any issues themselves without reliance on IT support.
Subsequently, Xceptor was also rolled out to their operations team.
Using Xceptor we’ve been able to streamline our trade confirmations process, taking cost out of the business and establishing better control over our derivatives operations. The original project was completed in just a few short months creating a real value-add for our international business and we have subsequently rolled our Xceptor to one of our operations teams.
