Ultimus Fund Solutions Enhances Client Services and Data Accuracy with Expanded Xceptor Partnership

By Dominic Sow · 12 August 2025

Ultimus Fund Solutions expands six-year partnership with Xceptor to enhance fund administration through AI-powered data automation – Jason Stevens, Grant Coombe, and Alexander Gent outline operational impact.

Ultimus Fund Solutions® (Ultimus®), a leading independent provider of full-service, technology-enhanced fund administration, accounting, and investor solutions, and Xceptor, the intelligent data automation platform for financial markets, today announced the expansion of its six-year partnership to drive enhanced client service for Ultimus’ clients. The expanded partnership combines Ultimus’ deep expertise in fund administration with Xceptor’s award-winning data automation platform to streamline operations, enhance operational efficiency, and reduce risk across all global verticals and business lines. As the data automation and reconciliation engine powering Ultimus’ service model, the partnership allows Ultimus and its clients to benefit from faster processing times, enhanced data accuracy, and customized reporting. Xceptor’s data automation platform and artificial intelligence (AI) framework is embedded into uSUITE®, Ultimus’ proprietary platform, which leverages robotic processing software, machine learning, and APIs to streamline data processing. As a critical building block of uSUITE, Xceptor enables straight-through processing across all of Ultimus’ applications. In digitizing and streamlining fund accounting workflows, Xceptor serves as a unique solution that allows Ultimus to seamlessly ingest, aggregate, and digitize data for downstream use. This has resulted in more efficient workflows and processes at Ultimus, as well as providing an accessible, data-rich environment for Ultimus clients who benefit from access to custom reporting, data integrations, self-serve access, and more. With Xceptor, Ultimus can monitor inbound data, such as trading activity, and seamlessly ingest data from all sources and integrate it within any workflow. Users are then able to check for and manage nominal data exceptions in their application, saving time for mission-critical tasks. By integrating Xceptor, Ultimus now supports a fully automated data lifecycle across the entire enterprise, providing a key differentiator from competitors. “Xceptor’s automation capabilities have drastically reduced the time required for our fund accountants to process data, transforming tasks that previously took hours into seconds. This efficiency allows our associates to focus on critical financial analysis, significantly enhancing productivity and employee morale,” said Jason Stevens, Executive Vice President, Chief Technology Officer, Ultimus. “By automating data ingestion and processing, Xceptor has also minimized operational risks, eliminated manual errors, and reduced the need for human intervention in routine tasks. Importantly, it allows us to differentiate ourselves in a competitive market by delivering faster, more accurate information to our clients, thereby improving their overall experience.” “Fund administrators operate in a complex and dynamic landscape with vast and complex data sets across multiple sources. We are thrilled to expand the use of our industry-leading data automation platform enterprise-wide, to Ultimus Fund Solutions. For over six years, Xceptor has proudly supported the growth of Ultimus’ dynamic business requirements, minimizing errors while increasing operational efficiency. The Xceptor data automation platform now sets the benchmark for the future needs of the fund administration industry, transforming both operations and go-to-market service offerings,” said Grant Coombe, Chief Revenue Officer, Xceptor. In addition, Xceptor assists with data aggregation and transformation, allowing Ultimus to quickly and easily create customized solutions for its clients. From custom reporting and complex data integrations to proprietary application builds, Xceptor serves as a powerful tool when working with and managing data. “Our expanded engagement with Ultimus allows us to extend our advanced data automation platform across their full enterprise, enhancing operational efficiency and reducing errors. Addressing the complexities of fund administration, this sets a new industry standard,” said Alexander Gent, Head of Buyside Solution Sales, Xceptor.