Cantor Fitzgerald and German-Based Asset Manager Opt for Xcitek XSP

Cantor Fitzgerald Europe and an unnamed German-based asset manager have selected XSP from Xcitek to automate their corporate actions processing. XSP will be implemented within Cantor Fitzgerald’s wholesale brokerage services group, BGC Partners. Meanwhile, the German-based asset manager has licensed both eTRAN and the ISO 15022-compliant messaging module for the automated notification and response capture of elections alongside XSP. These new licences build on Xcitek’s European presence and represents the company’s first major win in Germany.