Finastra partners with Xceptor to automate its securities market offering
June 2019 by Marc Jacob
Finastra announced that it has partnered with Xceptor, an intelligent automation software company, to offer new reconciliation functionality to its securities market customers. Thanks to an out-of-the-box reconciliation functionality, Finastra’s Fusion Markets customers will now be able to automatically reconcile and validate transactions and positions data, including harder-to-handle formats, in a single solution resulting in reduced manual workloads, exceptions and breaks, and improved accuracy and speed.
Xceptor is an automation platform that extracts and transforms any type of data from any source. Xceptor will enable reconciliation to handle the use case of integrating and reconciling transaction and positions data, including Swift MT 53x, with Finastra’s Securities Inventory solutions.