XSP CEO Brendan P. Farrell Jr. Named Emerald Entrepreneur for Irish Echo’s 2012 Irish Small Business 50

New York - 12 April 2012

Keynote Speaker at the Irish Network NYC & Irish International Business Network Event

XSP, the global leader in automated end-to-end Corporate Actions solutions, announced today that its Chief Executive Officer Brendan P. Farrell, Jr. will be honored as one of five Emerald Entrepreneurs for Irish Echo’s 2012 Irish Small Business 50. Farrell joins his fellow honorees at the gala dinner on Thursday, April 12th at The Manhattan Club at Rosie O’Grady’s in New York City.

The annual Irish Small Business 50 honors the entrepreneurs and business leaders who form the very backbone of the American economy; the doers and risk-takers who have ensured that where businesses are being built and wealth created, there you will find the Irish. Five Emerald Entrepreneurs will be honored at this prestigious event with their awards presented by guest of honor Rob Walsh, Commissioner for Small Business Services, NYC.

A Founder of XSP, Farrell has almost 30 years of experience in financial services. Prior to XSP, he was Vice President of Sales and Marketing at Financial Information, Inc. and held various Officer-level management positions at The Bank of New York. Brendan’s numerous accolades include being named a Finalist for the Ernst & Young 2011 Entrepreneur Of The Year Award; named Honoree in Irish America Magazine’s 2011 Business 100; and most recently won the 2012 FTF News Technology Innovation Awards’ Person of the Year.

“I am honored to be recognized and to represent my country among such a prestigious group of exceptional leaders,” said Farrell. “I founded XSP with the vision of revolutionizing a traditionally manual and high-risk area of securities processing – Corporate Actions. Since 1996, we have been the industry leader in this niche space, continuously developing sophisticated and innovative solutions to promote greater straight-through processing within the financial services industry. This would not be possible without the incredible team we have at XSP, committed to sustaining innovation and delivering an excellent client experience.”

Farrell founded IMMRAM, an informal network of Irish Diaspora encouraging social gatherings to help foster and build relationships. In 2011, IMMRAM and XSP hosted the “Fixin’ Alabama Shindig” that collected over $20,000 for The American Red Cross in support for victims of the devastating tornadoes in Alabama, where XSP’s corporate headquarters are based. In June 2012, IMMRAM and XSP will join local businesses to organize an event to benefit Self Help Africa.

Farrell served as co-chair on a number of Dinner Committees including the American Irish Historical Society, American Ireland Fund and the Ninth Annual UCD Michael Smurfit Graduate Business School Dinner. In 2011, Farrell was appointed as a Director to the Board of the American Friends of Athlone Institute of Technology, Inc. Foundation.

Farrell is actively involved in the Irish Network NYC (IN-NYC) Mentoring Program and he is a frequent speaker at networking events. He was invited as the keynote speaker for the IN-NYC & Irish International Business Network Event held on Wednesday, April 11th 2012 at Hughes Hubbard & Reed LLP in New York City.

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