The XSP v5 platform is XSPâs 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 service-oriented architecture (SOA), utilizing Microsoft .NET components and Web Services for global enterprise-wide processing. Accredited with the SWIFTReady Gold 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).
The Operations Management Awards for Excellence are given out annually to leaders from across the securities transaction processing industry who have stood out for their accomplishments over the previous year. Nominees and winners are selected by the editorial staff of Institutional Investorâs Operations Management newsletter, who interview leaders from across the wealth management community, solicit input from subscribers and other industry professionals and call on their own market intelligence.
Brendan P. Farrell, Jr., Chief Executive Officer at XSP, stated, âIt is truly an honour to be nominated for Operations Managementâs âVendor of the Yearâ Excellence Award. As the only Corporate Actions vendor nominated in this category, it reinforces XSPâs ongoing commitment to providing the global financial services sector with a proven and robust Corporate Actions solution that meet their ever-changing dynamic requirements. This recognition is a reflection of the hard work, dedication and industry knowledge of our people, which all contribute to our continued growth and market-leading status.â