XSP, the provider of Corporate Actions software, will be exhibiting at the weeklong Sibos 2009 event, one of the worlds premier financial forums organised by SWIFT, at the Hong Kong Convention and Exhibition Centre in Wanchai, Hong Kong beginning next Monday, 14 September 2009. Delegates can visit XSP at Stand 3F17 for demonstrations of its flagship product, the XSP v5 platform, or to learn about the many exciting enhancements, news and major announcements regarding the industrys most widely-implemented global Corporate Actions solution.
With more than ten percent of XSPs 60 clients relying on us for automating their Corporate Actions processing in this region, we recognise that AsiaPac is a region full of exciting opportunities for XSP as interest in global Corporate Actions automation in this part of the world continues to grow significantly, says Brendan P. Farrell, Jr., chief executive officer at XSP. In todays fast-paced, challenging environment, our clients require solutions that are reliable, flexible and scalable with the capability of delivering high-speed performance. Through our continuous investments in cutting-edge technology and robust functionality coupled with our impressive global network of XSP partners, we are uniquely situated to offer our clients a flexible host of solution deployment options including multi-tenant, enterprise-wide implementations either through local installs or via a Software-as-a-Service (SaaS)/Cloud Computing infrastructure option. XSP continues to demonstrate our commitment to SWIFT initiatives around global standardisation through our team members role as Co-Chair of the ISITC Corporate Actions Working Group; our continual investment in enhancing the XSP product to ensure our clients remain fully compliant with Securities Market Practice Group (SMPG) and SWIFT processes; and through our substantial investments in Sibos year over year. We are extremely proud to present the SWIFT community with our new and exciting Sibos stand, a symbol of our total commitment to SWIFT and the AsiaPac region; and we look forward to what promises to be one of the most exciting and productive Sibos events to date.
The XSP v5 platform is XSPs state-of-the-art solution developed to automate each step in the processing of global Corporate Actions. A Microsoft Gold Certified Partner, XSP has re-engineered its platform using advanced Microsoft technologies. The XSP v5 platform is built around a multi-tenant, service-oriented architecture (SOA), utilising Microsoft .NET components and Web Services for global enterprise-wide processing. Accredited with the SWIFTReady label, the XSP v5 platform is SWIFT 15022 compliant and combines cutting-edge technology with feature-rich functionality to mitigate operational risks and costs for end-to-end STP.
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