XSP Develops New Opportunities In Terms Of Corporate Actions processing

XSP, the provider of Corporate Actions software, has developed new opportunities to help clients generate revenues in Corporate Actions processing for the enterprise while addressing risk mitigation for this highly complex area of operations. At the SIFMA 37th Annual Operations

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XSP, the provider of Corporate Actions software, has developed new opportunities to help clients generate revenues in Corporate Actions processing for the enterprise while addressing risk mitigation for this highly-complex area of operations. At the SIFMA 37th Annual Operations Conference and Exhibit taking place May 4-7, 2010 at the JW Marriott in Palm Desert, CA, delegates can visit XSP at booth #701 for demonstrations of its flagship state-of-the-art product, the XSP v5 platform, as well as its latest new solutions which have helped its global clients leverage the benefits of a multi-tenant environment to generate financial returns.

The XSP v5 platform is the 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. Deployed locally or In the Cloud, the XSP v5 platform is built around a service-oriented architecture (SOA), utilizing 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 straight-through processing (STP).

As a demonstration of our ongoing support for the SIFMA community and commitment to our 40+ live US-based customers the largest concentration of installed clients in Corporate Actions automation XSP is the only vendor dedicated exclusively to this niche space exhibiting at this conference, says Brendan P. Farrell, Jr., Chief Executive Officer at XSP. With eight of the top ten financial institutions in the world relying on the XSP software in their daily production environments, we have the proven track record and expertise to deliver a platform built upon advanced Microsoft technologies that meet our clients unique requirements. Not only have we been able to successfully streamline end-to-end Corporate Actions processing, we have also developed innovative strategies where our clients can turn Corporate Actions servicing into a revenue-generating opportunity.

D.C.

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