AI and Data Automation Are Reshaping Financial Services Operations
Financial services institutions face numerous challenges, from evolving tax digitization requirements to the complexities of the corporate loan market. To tackle these issues, many are leveraging automation to boost efficiency, remain in compliance, and gain a competitive advantage. Continue reading to learn how AI and automation are reshaping the financial services industry.??
Tax digitization requirements continue to move through Europe, particularly the EU FASTER directive, which will come into effect January 2030, and Germany’s Modernisation Tax Act, demanding compliance with FASTER in 2027. To stay ahead of the curve, financial services organizations must prepare for digitized tax processes. In a recent blog, we detail the challenges of today’s withholding tax processes, and how data automation can help organizations prepare.??
Read the blog to discover how.??
The corporate loan market is undergoing a shift, and alternative lending is growing rapidly. These changes bring increased complexity for loan operations teams. A recent blog post details how AI and automation can empower teams to efficiently process unstructured data, automate post-processing, and seamlessly integrate with accounting systems.??
Read the full blog to learn more.????
In the News??
In the latest issue of Asset Servicing Times , our CEO Michiel Verhoeven spoke with editor Karl Loomes on how data automation is transforming the financial services industry. The two discussed everything from challenges the industry faces, to how institutions are leveraging AI and automation to create strategic value.?
Read the full article to learn how financial institutions use AI and automation to ensure compliance, boost efficiency, and stay competitive.??
This week, Gilbert Cross spoke on "How AI and Data Automation are poised to reshape Capital Markets" at the BVI Fund Operations Conference. His session explored the integration of low/no-code tools to optimize internal processes, automating analytics and decision-making processes, and the role of automation solutions in adapting to regulatory changes.??
Interested in learning more? Connect with our experts to discuss.??
We’re thrilled to announce that our Head of Sales Engineering, North America, John Joseph (JJ), will be speaking at InvestOps USA, Monday, March 10th, 2025. Join JJ for an innovation panel on “Assessing the Future of Post Trade Automation,” at 12:30 pm EST, and feel free to visit Xceptor’s booth at Stand 32 to connect with our experts.??
Join us and book a meeting to gain valuable insights.??