Xceptor
“Can Xceptor become the de-facto data automation and tax/reconciliation backbone for global capital markets operations at scale?”
Founded2003
HQLondon, England, United Kingdom
IndustryVertical SaaS / Capital Markets
The story
Founded in 2003 as Web Services Integration Ltd, Xceptor built a data automation platform purpose-built for capital markets operations. The company expanded from basic data transformation into a broader suite covering tax processing, reconciliations, and post-trade operations. Acquired by Astorg private equity, Xceptor now serves over 100 financial institution clients across 60 countries with enterprise-grade automation for trade lifecycle management. Its embedded finance angle is narrow — the platform is sold to banks and asset managers rather than embedding financial products itself.
Product timeline
2003
Xceptor (originally Web Services Integration Ltd) founded in London as a data automation software company for financial services.· pivot
2023
Acquired by Astorg, a European private equity firm.· acquisition
2024
Announced partnership with Clearstream to offer a service for withholding tax processing.· banking
The stack
Accounting gap: none