WSI
 

Products

Data Hub

Xceptor® Data Hub addresses the ongoing and ad hoc data management requirements of banks and financial organisations, placing users in control of the rules that affect their business operations.

Reconciliation Hub

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

Confirmations Hub

Xceptor® Confirmations Hub supports the complete end to end process for any trading organisation, in the production, tracking and matching of its OTC confirmations documentation.

Tax Hub

Xceptor® Tax Hub is a complete withholding tax reclaim and relief at source solution.

QI Hub

Xceptor® QI Hub is a business rule-driven QI Reporting product. It addresses all of a non-US organisation's needs in complying with the US 1441 NRA Regulations.

A radical new approach to reconciliation management

The problem

Many financial institutions face the legacy of multiple reconciliation mechanisms which have evolved over a period of time and are unresponsive to change. Often they are ad hoc and poorly documented, whilst financial institutions require a high level of operational integrity to minimise risk.

Because of their high cost of ownership and the fact that they are perceived by many (albeit wrongly) to be expensive to change, operational structures commonly look at ways around changing existing systems. This often leads to an over reliance on office tools such as Excel and Access, which - whilst easy to set up - are very difficult to change, impossible to audit, but most importantly, are not fully fit for purpose and pose major problems for the bank.

Our solution

Xceptor® Reconciliation Hub offers a cost-effective and easy to implement solution to these needs. It meets a wide variety of risk management and control requirements regardless of volume, data quality or legacy constraints.

It handles numerous data formats and applies a wide range of business rules to identify potential errors. It draws on workflow, flexible reporting and exception management facilities for maximum efficiency. It also reduces the impact of the constraints presented by legacy systems.

Xceptor® Reconciliation Hub responds to the variable quality of source data, which can be subject to change with little warning. It also allows greater staff flexibility than is possible with older inflexible matching mechanisms.

Cost effective solution

Xceptor® Reconciliation Hub offers a cost-effective and easy to implement solution to these needs. It meets a wide variety of risk management and control requirements regardless of volume, data quality or legacy constraints.

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

Solution Areas

Data Management

Remove manual intervention in the process of capturing data across the back-office, including pricing, settlement instructions and statements.

Reconciliation

Standardise on a user-configurable approach to a wide variety of back-office reconciliation needs, covering holdings, inter-system, cash and valuations.

OTC Trade Confirmations

Automate tracking and production of outbound OTC confirmation with a high degree of STP, integrated with inbound confirmation capture and matching capabilities.

Operational Tax

Manage your tax, market and treaty data together with client documentation to streamline and simplify the reclaim and relief at source processes.

Case Studies

HSBC Operational Tax

Standard Bank London Trade Confirmations

SIX Telekurs Data Management

Citibank Reconciliation