Pioneering AI in Financial Operations and Beyond
Dive into the transformative world of AI with Xceptor’s platform, enhancing financial operations across account onboarding, confirmation matching, and tax document management. We also share insights from our recent webinar discussion with Coalition Greenwich. Plus catch up on our latest news, including our nominations for the FTF News Technology Innovation Awards and highlights from LSTA Ops conference.
Beyond Automation: Xceptor and AI
Xceptor has integrated Artificial Intelligence (AI) into its platform, significantly impacting Account Onboarding, Confirmation Matching, and Tax Document Management. The result? Faster client onboarding, improved customer experience, enhanced accuracy and streamlined processes for operational efficiency. Here’s how:
1. Account Onboarding
Traditionally, client onboarding in financial institutions has been a manual, time-consuming process. Xceptor’s intelligent automation streamlines account requests, documentation, and related communications.
2. Confirmation Matching
Xceptor uses AI to review unseen, long-form confirmations and term sheets. It extracts key trade economics, identifies mark-ups and signatures, and ensures accuracy.
3. Tax Document Management
Tax document management presents considerable challenges for tax operations, due to the volume and variety of documents. AI helps manage tax-related documents efficiently, ensuring compliance and precision, and saving time.
Adopting AI as a core component of the Xceptor platform marks a decisive advancement in financial operations across account onboarding, confirmation matching, and tax document management. By automating and refining critical financial tasks, Xceptor demonstrates the profound impact of integrating innovative technologies in the financial sector. Read more here.
Recommended by LinkedIn
We delved deeper into the dynamic realm of Generative AI and document intelligence with an insightful discussion with Coalition Greenwich. Senior analyst Audrey Costabile PhD and Xceptor's product manager Gilbert Cross discussed the evolution from machine learning to Gen AI and how to deal with the steps taken to maximize investments in Gen AI. Watch the discussion here.
In the News
Xceptor has been shortlisted in four categories for the Financial Technology Forum (FTF) News Technology Innovation Awards. Vote now.
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Our team had a great time connecting with everyone at the 2024 LSTA Operations Technology conference, highlighting the need for digital transformation in the growing loans market. Amidst increasing volumes and complexity, the industry is moving towards automation and data-centric processes. Xceptor offers AI-powered automation tools for efficient loan lifecycle management, promising significant reductions in trade capture incidence and processing time. Read our key takeaways.
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