Case Study: Global Bank achieves streamlined trade confirmations and reduced operational risk with Xceptor

How a global bank's successful, rapid automation of its trade confirmations process led to further rollout to another division

Global Bank faced significant operational risk from a highly manual trade confirmation process supported by disparate legacy systems. The bank struggled with inconsistencies across asset classes, low STP rates in some areas, and difficulty adapting systems to meet changing regulatory requirements. Xceptor was brought in to help automate the trade confirmation workflow.

Xceptor implemented a fast, common-format automation solution for trade confirmations across rates, credit, FX, energy derivatives, and equity derivatives, with audit and tracking functions to improve control. The bank reduced operational risk, cut processing costs, and improved compliance with strict regulatory requirements such as Dodd-Frank. The project was completed in just a few months, and Xceptor was later rolled out to another operations team.