XcitekSolutionsPlus Holds Corporate Actions Seminar at ISIPS 2003 Event: May 19th

Corporate Actions Leader Also Announces Opening of New London Office and Release of XSPâ„¢ Version 4

London UK, 14 May 2003 – XcitekSolutionsPlus, the leading provider of corporate actions automation, announced that Mr. Brendan P. Farrell, Jr., Managing Partner, will be presenting a seminar on global corporate actions processing on Monday 19th May 2003 at the International Securities Industry Practitioners Symposium (ISIPS) 2003 Event in London.

The seminar, "Corporate Actions Automation: Explore the Key Factors that Led to 40 Successful Implementations," will cover the significance of automating corporate actions and how implementing a solution such as XcitekSolutionsPlus’ XSP™ application allows global financial institutions to achieve operational efficiencies by minimising risks, reducing costs, and realising return on investment (ROI).

"Corporate actions processing continues to be a manual intensive task with the potential of exposure and errors in the millions. Automation greatly reduces these risks. ISIPS delegates will have the opportunity to learn about these benefits while exploring a case study on one of XSP’s successful implementations," says Mr. Farrell.

XcitekSolutionsPlus is also hosting the cocktail reception at ISIPS’ Day One Business/IT Seminar & Exhibition to announce the opening of its new London office and new range of services timed to coincide with the growing interest in the automation of corporate actions.

The ISIPS programme addresses business and technology issues facing investment companies, broker/dealer firms and custody banks, from front to back office across all financial instruments. ISIPS’ strategic focus is drawn from a number of ongoing business activities underpinned by a unique platform of integrated information services including: STP Magazine and its online news service, Wealth Services Technology Magazine and the STP Benchmarks® study.

The seminar is free to practitioners who register with STP Events via the web.

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