Xcitek has launched a new web platform for its Cost Basis Service. The new platform is part of a continued program for the redesign of the entire Xcitek product line.
The upgraded service is to improve efficiency and will include a daily list of cost based events. Also featured is the Xcitek Cost Basis Calculator, which enables the automated derivation of a security’s Cost Basis, factoring-in all splits, spin-offs, distributions, mergers and other Cost Basis-affecting events.
“Our subscribers look to us for leadership in the use of technology to make their daily work more efficient,” says Charles W. Price, a Senior Vice President at Xcitek. “This new website is designed exclusively for users of Xcitek Cost Basis Service and represents the second part of our initiative to rewrite all of our online platforms. We feel confident that our users will be pleased with the new capabilities found in the redesigned Cost Basis Service, and we will continue to offer the most sophisticated and feature-rich services for our clients.”