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

Streamlining the onboarding of complex funds

A large global bank sought to expand its fund business but was hindered by a highly manual and complex fund onboarding process. This process, which relied on error-prone Excel spreadsheets, specialized contractors, and unique builds for each new fund, resulted in high operational costs and prevented growth. The bank partnered with Xceptor to find a standardized, automated solution.

By implementing Xceptor's data automation platform, the bank revolutionized its data capture and reconciliation tasks. The solution provided a consistent framework for onboarding, eliminating manual processes and the dependence on specialists. As a result, Xceptor cut the onboarding time by more than 50%, significantly reduced costs by removing the need for contractors, and enabled the bank to onboard a greater number and variety of funds to accelerate business growth.