Case Study: a leading global bank cuts fund onboarding time by over 50% with Xceptor

How a leading bank transformed its complicated fund onboarding process from an expensive burden to a significant business growth accelerator

A leading global bank faced a significant challenge in expanding its fund business due to a complex and manual onboarding process. The operation was dependent on error-prone Excel-based tools, specialized contractors, and high levels of manual intervention, which led to substantial operational costs and hindered growth. To achieve a consistent, repeatable best practice, the bank partnered with Xceptor for an automation solution.

By implementing Xceptor's platform, the bank revolutionized its data capture and reconciliation tasks. The solution automated data preparation, eliminated manual spreadsheet processes, and provided a standard framework for onboarding all new funds. This allowed the bank to onboard complex fund classes that were previously impossible. As a result, Xceptor cut onboarding time by more than 50%, eliminated the need for specialists and contractors, and provided significant cost savings, enabling the bank to increase the number and variety of funds it could handle.