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XSP Joins Top 1% of Microsoft Partners Worldwide to Attain Certified Gold Status

XSP, the global leader in automated end‐to‐end Corporate Actions solutions, today announced it has been named Microsoft Gold Certified Partner with a competency in Independent Software Vendor (ISV)/Software Solutions. This achievement demonstrates XSP’s ongoing commitment to providing proficient and costeffective Corporate Actions processing solutions.

Gold competencies demonstrate best‐in‐class expertise within Microsoft Corp.’s marketplace. Earning a Gold competency is evidence of the deepest, most consistent commitment to a specific, in‐demand, business solution area, along with the distinction of being among only one percent of Microsoft partners worldwide that have attained this outstanding degree of proficiency.

“Microsoft commends XSP for its dedication to constantly finding ways to incorporate innovative technologies – including Cloud Computing and Mobile Delivery – into its solutions and providing its clients with a proven Corporate Actions processing platform, the XSP® v5 product,” said Colin Kerr, Worldwide Industry Manager, Banking at Microsoft. “Gaining Gold status sets XSP apart from the competition by demonstrating its proven skills, technology expertise and ability to provide cost‐effective services. Building its products on Microsoft technologies allows XSP to offer state‐of‐the‐art solutions that feature enterprise‐grade, multitenant architecture with scalability and high availability. Once again, we are proud to have XSP as a member of our distinct community of partners.”

Dan Retzer, Managing Director and Chief Technology Officer at XSP, commented, “At XSP, we view the Microsoft certification process as part of our ongoing efforts to ensure that we deliver innovative products with the most advanced technologies. Achieving Gold status is validation that we continue to meet the required standards and best practices for developing processes that deliver excellent solutions. By leveraging Mobile and Cloud technologies for our Corporate Actions products, global financial institutions benefit from XSP’s convenient, flexible and agile solutions, not only for their immediate needs, but also for their ever‐changing future requirements. Microsoft understands our desire to deliver IT as a service, providing us with easy access to the technology we need coupled with their extensive expertise thus enabling us to develop our newest Software as a Service solution, XSPrisa. We are now further equipped to help our technical teams proactively manage and deliver superior services and business benefits to our existing and new clientele.”

Microsoft competencies are aligned with how customers actually buy allowing clients to easily identify XSP’s capabilities and expertise.

The XSP v5 platform is XSP’s state‐of‐the‐art solution developed to automate each step in the processing of global Corporate Actions. A Microsoft Gold Certified Partner, the XSP v5 platform is available in a Managed Hosting environment or as a locally‐deployed solution. Built around a service‐oriented architecture, XSP utilizes 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.

XSPrisa reduces the operational overhead and capital expenditure required for large‐scale, enterprise software. With the pay‐as‐you‐go, subscription‐based model, firms experience higher levels of productivity and efficiency at a cost that fits the way they operate. The XSPrisa solution is a business‐enabler that provides clients with a technology solution to a complex business problem. Users are able to address the complexities of the Corporate Actions management process while speeding up return on investment and reducing many of the hurdles normally associated with the acquisition and management of enterprise software.