Quintillion and Xceptor® Data Hub: Automatic Data Management for Exceptional Customer Service
Release Date: 19 December, 2012
Dublin, 19 Deceember 2012 - Quintillion is pleased to announce the adoption of the Xceptor® Data Hub from Web Services Integration (www.wsintegration.com). Data Hub has exceeded initial expectations at Quintillion and is now used for automating all incoming data requirements. Managed by our own operations team, Data Hub is used to automatically collect, validate and enrich all of Quintillion’s multiple data input formats. This includes online file extracts, PDF’s, emails and other text formats.
We have deployed Data Hub’s substantial processing capacity to further enhance our reconciliation platform, Q Match, covering the daily reconciliation of positions, profit and loss data, cash and unrealised gains and losses between Quintillion and numerous Portfolio Management Systems and Prime Brokers. It is also used for the collection of mark to market data from multiple counterparties to help automate the collection of OTC pricing.This is an integral part of our advanced data management strategy, and further facilitates the operational focus on value-add functionality including daily exceptions management.
Charles Gillanders, CIO of Quintillion: “We knew Xceptor® Data Hub would make a difference and are really impressed by how much it has delivered. Xceptor® Data Hub is the perfect flexible data management solution to fit with our aim of delivering superior service using leading technologies.”
Peter Madigan, MD of WSI: “When we first spoke to Quintillion’s operations team they already had a process that could handle incoming data from clients and third parties if it was in a standard format. However, any change to the standard data format had to be dealt with manually or with further programming, which was complicated and time-consuming. We are delighted that Xceptor® Data Hub has proved a flexible solution for Quintillion to automate all their data handling requirements.”
Quintillion is a leading, independent hedge fund administration company providing clients with integrated middle and back office services.
Further information: www.quintillion.com
Head of Business Development – Quintillion Limited
Phone: +353-1-5238003 / Mobile: +353-87-131 9552