Xceptor® Reconciliation Hub is a cost-effective and easy to implement product for organisations that have a requirement for high levels of operational integrity.

The Xceptor® Product Suite

Xceptor® Reconciliation Hub is an integrated member of the Xceptor® suite of web service products. By making use of the data services, matching, exception management, scheduling and user profiling building blocks, Xceptor® Reconciliation Hub delivers an advanced solution to an organisation's reconciliation needs.

Reconciliation Challenges

• Handle numerous data formats and apply a wide range of business rules to identify potential errors.
• Draw on workflow, flexible reporting and exception management facilities for maximum efficiency.
• Reduce the impact of the constraints presented by legacy systems.
• Respond to the variable quality of source data, which can be subject to change with little warning.
• Allow greater staff flexibility than is possible with older inflexible matching mechanisms.

Xceptor® Reconciliation Hub:

Is a solution which can meet a wide variety of risk management and control requirements regardless of volume, data quality or legacy constraints.

• Accepts many source data formats: Excel, CSV, fixed width, PDF, HTML, XML, UNITRED as well as proprietary formats.
• Automatically handles the receipt of data from many different channels, such as email, FTP, websites, file locations and messaging infrastructures.
• Can provide data in any format to improve integration and automation.
• Can handle high-volume daily requirements as easily as ad-hoc, infrequent or low-volume requirements.
• Operates from a single hub to deliver impressive cost of ownership figures and low maintenance costs.
• Is easy to learn and intuitive.
• Represents business rules in non-technical terms, putting the user in control.
• Provides flexible reporting and enquiry facilities.
• Supports supervisory and automatic workflow allocation which means that Reconciliation Hub is responsive to business needs.