Xceptor and Delta Capita unite for T+1 Settlement enhancement


Xceptor, a data automation platform in the financial sector and Delta Capita have recently declared their collaborative venture.

The partnership’s objective is to equip financial institutions for the forthcoming T+1 settlement deadline, ensuring they reap substantial advantages.

Xceptor’s platform is hailed for its excellence in data automation in the finance realm, facilitating processes and ensuring data accuracy. On the other hand, Delta Capita boasts a stellar reputation in the financial services sector, offering managed services, cutting-edge technology solutions, and expert consulting to clients globally.

Together, their joint venture aims to transform post-trade operations. Financial companies stand to gain from the synergistic approach of Xceptor’s data automation and Delta Capita’s seasoned expertise. This combination promises to help clients streamline post-trade workflows, minimise manual errors, and maintain compliance with T+1 settlement norms. Additionally, this collaboration will enhance the speed and precision of capturing and verifying Standard Settlement Instructions (SSIs), simplify trade confirmations, and enable efficient block allocations.

Financial entities will gain from proactive licensing support, regular client upgrades, and a promising return on investment. This will, in turn, boost efficiency, decrease risks, and give them an edge in navigating regulatory complexities.

Xceptor Chief Revenue Officer Josh Monroe said, “We are thrilled to announce our partnership with Delta Capita, showcasing our commitment to delivering faster time to value for our clients.

“By leveraging Delta Capita’s exceptional consulting and implementation expertise alongside Xceptor’s platform, we are confident that our joint proposition will provide market participants with a powerful solution to simplify the complexities of post-trade processing. We aim to deliver substantial improvements through the integration, bringing scale and cost-competitive options across SSIs, confirmations, and allocations while helping our clients unlock new opportunities.”

Delta Capita Global Head of Regulatory and Risk Consulting Karan Kapoor added, “Ongoing fines and penalties related to CSDR, coupled with a lack of preparation for the T+1 deadline is causing industry-wide concern. By combining Xceptor’s market-leading data and process automation platform with Delta Capita’s extensive experience of working with global financial institutions and network of industry experts, we are excited to be bringing to market a solution that will address these concerns and drive efficiency to the management of SSI infrastructures.

“The solution will also significantly reduce the time needed to complete multi-asset trade confirmations and block allocations, guaranteeing that financial institutions are fully compliant with CSDR and ensuring a smooth transition to T+1.”

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