The clock is ticking for fund admins to be ready for the introduction of
one-day settlement cycles. The United States will soon join India and
China in adopting T+1, while Europe is expected to follow suit.
This may seem daunting but help is at hand in the form of a new data
and process automation product, pioneered by financial services data
automation expert Xceptor and delivered by business process
management specialist Firstsource.
The Xceptor/Firstsource product will enable fund admins to automate
complex processes effortlessly. Data is automatically extracted,
curated and verified, and trusted data is delivered downstream for
processing. This allows fund admins to handle the pressure of single day
settlement, with human error largely eliminated.
Contact us to find out more about the Xceptor/Firstsource data and
process automation product