OnCorps AI and Xceptor partner to deliver enhanced automation solutions to the financial services industry
Xceptor, the intelligent data automation platform for financial markets, and OnCorps AI, a leading provider of pre-trained Artificial Intelligence (AI) and agents for financial operations, are partnering to bring advanced reconciliations and confirmations solutions to the industry.
Through this collaboration, Xceptor and OnCorps AI will bring together their respective areas of expertise. Xceptor’s data automation platform capabilities and OnCorps AI agents and algorithms for analytics, exception management and decision making, will equip financial leaders and business operations teams with AI-driven insights to reduce manual processes, improve efficiency and strengthen risk management.
“We are delighted to partner with OnCorps AI to bring new levels of post-trade automation capabilities to business and operations leaders in the financial services industry. This collaboration underscores our commitment to industry innovation, by delivering operational excellence for our clients through better market infrastructure,” said Michiel Verhoeven, Xceptor CEO.
“We’re excited to integrate Xceptor’s data ingestion and automation into our AI offerings. Xceptor can help us speed up the configuration and fine-tuning of new agents. This partnership strengthens our ability to provide superior AI solutions to our customer’s financial operations,” said Bob Suh Founder and CEO of OnCorps AI.
With the collaboration, clients will benefit from being able to predict where process breaks may occur and seek a reduction in manual efforts, errors, and risks. The collaboration will also pave the way for more efficient and reliable financial and business operations. Xceptor’s reconciliations, confirmations and tax reclaims products run on Xceptor’s intelligent automation platform with an embedded AI governance module. This platform is designed to connect to any source in any format, streamlining data ingestion, normalization and validation to ensure reliable data is integrated within operations.
OnCorps AI’s advanced machine learning algorithms and agents are designed to handle predictable and laborious calculations, decisions, and tasks within financial operations. With the potential to leverage each other’s specialty area, this partnership promises to significantly reduce the burden of manual processes for financial institutions.
