About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

XSP Picks Tier 3 to Host Data Centre and Technology Infrastructure Requirements

Subscribe to our newsletter

XSP has selected Tier 3, which calls itself an infrastructure as a service (IaaS) provider, as a strategic partner to host and maintain its data centre and technology infrastructure requirements. According to the vendor, Tier 3 will also provide an environment for hosting its User Acceptance Testing (UAT) and software automation labs.

The corporate actions processing vendor says that its selection of Tier 3 was predicated on its ability to rapidly provision and secure technology assets, as well as providing a “high degree of flexibility” with its On-Demand platform.

Dan Retzer, managing director and chief technology officer at XSP, says: “XSP requires an alternative to the traditional approach to IT infrastructure and data centre support that is capable of keeping pace with our demands for growth, security and flexibility. Most managed services providers only partly meet our needs. We realised that the technology reached sufficient maturity for us to seek a provider that specialises in virtual technology for greater uptime and performance. Tier 3’s platform provides a proactive approach to delivering our internal applications, as well as meeting our clients’ demands for streamlining the UAT and implementation process.”

XSP hopes to achieve a more streamlined implementation process for its clients via the partnership agreement. Accordingly, Tier 3’s On-Demand platform will allow the XSP solution to be configured and deployed in a purely virtual environment. The vendor claims this simplifies the deployment process by safely replicating virtual XSP images from the Tier 3 On-Demand platform to a client’s virtual server infrastructure without the duplicated effort and expense associated with migrating solutions from a development environment to a UAT environment and ultimately to production.

Jared Wray, principal at Tier 3, explains: “Tier 3 provides them with a highly scalable and secure enterprise class platform without the associated costly hardware and infrastructure acquisition normally associated with IT. Tier 3 has expertise in all aspects of providing IaaS and we handle all the details so XSP can focus on their core business.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has never been higher and the penalties for doing so are harsh. Traditional sanctions screening...

BLOG

A-Team Group Announces Winners of the 2025 RegTech Insight Awards (USA)

A-Team Group is delighted to announce the winners of the 2025 RegTech Insight Awards USA, recognising the leading providers of RegTech solutions, and consultancy services for capital markets across North America. Spanning more than 30 categories, the 2025 awards programme recognised excellence across a wide range of regulatory compliance solutions and services. A-Team Group also presented...

EVENT

AI in Capital Markets Summit London

Now in its 3rd year, the AI in Capital Markets Summit returns with a focus on the practicalities of onboarding AI enterprise wide for business value creation. Whilst AI offers huge potential to revolutionise capital markets operations many are struggling to move beyond pilot phase to generate substantial value from AI.

GUIDE

The Reference Data Utility Handbook

The potential of a reference data utility model has been discussed for many years, and while early implementations failed to gain traction, the model has now come of age as financial institutions look for new data management models that can solve the challenges of operational cost reduction, improved data quality and regulatory compliance. The multi-tenanted...