Reliable detection of large structural variation ( > 1000 bp) is important in both rare and common genetic disorders. Whole genome sequencing (WGS) is a technology that may be used to identify a large proportion of the genomic structural variants (SVs) in an individual in a single experiment. Even though SV callers have been extensively used in research to detect mutations, the potential usage of SV callers within routine clinical diagnostics is hindered by high computational costs, usage of non-standard output format, and limited support for the various sequencing platforms and libraries. Another well known, but not well-addressed problem is the large number of benign variants and reference errors present in the human genome that further complicates analysis. Here we present TIDDIT, a time efficient variant caller, that uses discordant read pairs as well as the depth of coverage and split reads to detect and classify a large spectrum of SVs. As part of the software suite, TIDDIT also includes a database functionality that enables filtering for rare variants and reduces the number of false positive calls and background noise. Benchmarked against five state-of-the-art SV callers, TIDDIT performs at an equal/superior level while using only 2 CPU hours per sample. Thanks to its speed, sensitivity, flexibility and ability to easily detect variants on a wide range of WGS library types, TIDDIT solves many of the problems that are currently hindering the utilization of WGS for SV calling in clinical settings.