Alliance between Ultimus and Xceptor broadens for enhanced automation services

Ultimus Strengthens Partnership with Xceptor, Advancing Operational Efficiency

Ultimus Fund Solutions, a leading provider of fund administration services, has expanded its partnership with Xceptor, a global leader in intelligent automation technology. This strategic move is aimed at enhancing operational efficiency and accuracy in the fund administration sector.

Jason Stevens, Executive Vice President and Chief Technology Officer at Ultimus, has stated that Xceptor's automation capabilities have drastically reduced the time required for their fund accountants to process data. The platform automates data ingestion, aggregation, and reconciliation, making the process more efficient and less prone to errors.

With the integration of Xceptor's technology, Ultimus can now monitor and ingest trading and financial data from multiple sources. This integration enables straight-through processing across all applications, reducing risk and manual intervention significantly.

Grant Coombe, Chief Revenue Officer at Xceptor, reiterates that the expanded engagement sets a new industry standard in operational efficiency and accuracy. The integration of Xceptor's technology empowers Ultimus' clients with rapid, accurate reporting, seamless data integrations, and self-service access.

The platform enables customised solutions for client-specific needs, from advanced reporting to proprietary application builds. Xceptor's automation technology is now fully embedded into uSUITE®, Ultimus' proprietary digital ecosystem. The integration further enhances Ultimus' digital ecosystem, positioning the company as a leader in digitally driven fund administration.

Ultimus' strategic expansion reaffirms its dedication to innovation and client-focused service. The expansion positions Ultimus as a leader in the industry, setting a new standard in operational efficiency and accuracy. The collaboration between Ultimus and Xceptor continues to grow, reinforcing their commitment to delivering superior services to their clients.