Barclays Capital applied a combination of SunGard and Microsoft technologies to automate exceptions processing, consequently reducing risk and lowering its cost per deal by 35%.
Barclays Capital recognised the high cost of its manual, inconsistent, and scattered systems of processing financial exceptions.
The Exception Processing suite built by SunGard eProcess Intelligence (ePI) on the Windows NT and 2000 platform automates exception processing so that exceptions are identified and rectified before the transaction is settled.
Using tools that apply the best business practices of Barclays Capital, SunGard ePI’s software lowered the bank’s cost per deal by as much as 35%, through a combination of improved risk control and decreased staffing costs.
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