Product sheet

Xceptor Reconciliations

Manage total equity reconciliations – including futures, options, and exchange traded derivatives – in a single platform

Automate your data operations

They say execution trumps strategy.

When it comes to back and middle office operations teams, this adage is elevated to a core belief.

In the futures market, accuracy and consistency – between clearing entities, exchanges, and their clients - is critical. But as trade volumes grow, and complexity increases, the possibility for errors multiplies.

Operations teams within banks are facing:

Manual fixes for breaks in trades, positions, cash, and margins, often lacking detailed audit trails.

Constantly changing and complex regulations.

Delays in onboarding or updating broker and products due to outdated, siloed systems, leading to a poor experience.

Different asset classes (equities, bonds, futures) needing unique systems, processes, and controls.

Various data formats and systems causing inconsistencies and complex data handling with extra validation.

End user configuration (EUC) solutions causing control and audit issues.

What can it do for you?

Xceptor delivers a specialized reconciliation process for financial institutions – providing greater accuracy and control.

Reduced manual effort

Speed up balancing and resolve trade mismatches through automatic remediation.

Accelerate time to market

Respond quicker to market changes, and onboard new brokers/markets/ instruments faster.

Total oversight

Gain a comprehensive real-time snapshot of equity balances encompassing P&L, trades, positions, and cash flows in one consolidated view.

What can it do for you?

Xceptor delivers an optimized reconciliation process for greater accuracy and control – putting the power into the hands of the people that understand the business, and the data, the best.

  • Reduce manual effort
    Reduce manual effort Speed up balancing and correct discrepancies by ingesting and preparing the data up front
  • Accelerate time to market
    Accelerate time to market Respond quicker to market changes, and onboard new brokers / markets / instruments faster.
  • Eliminate errors
    Eliminate errors Proactively spot and resolve trade mismatches without manual intervention.
  • Total oversight
    Total oversight Gain a comprehensive real-time snapshot of equity balances encompassing P&L, trades, positions, and cash flows in one consolidated view.
Onboard



Onboard reconciliations in 10 days

Improve speed



Increase speed with 95% straight-through processing

Reduce costs



Reduce costs via fewer FTEs

Key features

A reconciliation solution built for business users.

Data ingestion

data ingestion

Data ingestion

data ingestion

From any source, any channel, in any format (including semi-structured and unstructured data)

Automated data matching

Matching

Automated data matching

Matching

One-to-one, one-to-many, and many-to-many matching across data sources and fields based on your business rules and tolerance levels

Exception management

Exception management

Exception management

Exception management

Configure investigation and escalation workflows to suit you

Reporting

Reporting

Reporting

Reporting

Customizable reports as well as detailed audit trails

Real-time, interactive dashboards

Dashboards

Real-time, interactive dashboards

Dashboards

View reconciliation status, discrepancies, and overall open trade equity (OTE) positions through our data visualization

A single view for balances, fees, P&L, and OTE, that highlights breaks for swift remediation

A single view for balances, fees, P&L, and OTE, that highlights breaks for swift remediation

Ready to discover what Xceptor can do for you?

Ready to discover what Xceptor can do for you?