Revolutionising the way banks approach data management

The problem

Financial institutions receive enormous amounts of data every day in a wide variety of formats: spreadsheet, text, PDF and XML via a range of channels such as email, fax and FTP. Significant energy and cost is spent transforming that data into a format that internal systems can consume.

Our solution

Xceptor® Data Hub removes manual intervention, errors and operational risk. It provides operational staff with a highly responsive solution that continually meets the requirements of the back office.

Moreover, it does this without the need for programming, and fits seamlessly within your existing systems and email infrastructure. Changes to data formats or business rules are entirely under the control of operational users on a day to day basis.

A proven data solution

Given our experience of financial institutions, we have tackled the data management issues surrounding diverse back office processes such as pricing, settlement instruction management and statement capture.

Our solutions are used by some of the biggest names in the financial sector including HSBC, JPMorgan, Citibank, Standard Bank, Bank of New York Mellon and SIX Telekurs.

These customers have benefited with significant reductions in error rates and significant improvement in rates of STP.

A cost-effective solution

Xceptor® Data Hub significantly reduces the time taken to deal with new or changing data formats. It applies consistent process across the different groups involved in data capture activities, and minimises the need for proprietary interfaces. The benefits of the solution have been extended by allowing our customers to remove Excel and Access based applications.

Click here to learn more about the Xceptor® Data Hub product.