Case Study: Leading Global Bank boosts trade confirmation STP with Xceptor

How a leading global bank increased rates of straight through processing (STP) while reducing its risk and costs

Leading Global Bank worked with Xceptor to tackle a fragmented, manual trade confirmations process across multiple asset classes. Legacy systems and inconsistent workflows were creating operational risk, low STP rates in some areas, and difficulty meeting regulatory requirements.

Xceptor implemented an automated trade confirmations solution for rates, credit, FX, energy, and equity derivatives, with the platform managed by the operations team rather than IT. The bank improved control and auditability, reduced processing time and costs, and significantly lowered operational risk while maintaining regulatory compliance; the initial rollout was completed in just a few months and later expanded to South Africa.