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

FTSE Group Extends Implementation of XSP v5 Corporate Actions Platform to Hong Kong

Subscribe to our newsletter

Following its rollout in both London and New York last year, FTSE Group has gone live with the XSP v5 Corporate Actions platform in a new location: Hong Kong. The corporate actions processing platform now covers the indices provider’s Asian operations and Neil Sheppard, managing director and chief operating officer of EMEA for XSP, reckons this will provide them with the benefits of scalability.

Mark Gleeson, operations director at FTSE Group, explains the reasoning behind the decision: “With the increasing visibility of corporate actions events in Asia, it is critical that we further maximise productivity levels and processing efficiencies by integrating the XSP v5 platform into FTSE’s Asian operations to ensure continuous return on investment.”

The overall implementation of the solution across the group is part of FTSE’s initiative to achieve an automated STP environment for the management of corporate action events applied to its FTSE indices. The group signed on to rollout the solution for its London operations early in 2008 and for its New York office in December of that year.

Sheppard adds: “With the XSP v5 software running in live production at FTSE’s London and New York offices, it makes sense for them to extend this single, enterprise-wide platform to their Hong Kong operations. The extension proves the true scalability and flexibility of the XSP solution in managing the growing volume and complexities associated with global corporate actions processing.”

XSP is trying to up its game in the Asian region, much like the other vendors on the corporate actions solution block, and has recently added data from the Australian Securities Exchange (ASX) to its platform in order to increase its appeal. The vendor has also recently signed a partnership agreement in the region with banking software solutions provider Decillion Group to provide a service-based offering of the XSP v5 Corporate Actions platform to the Asian and Australian markets.

“Our company has, over the last 18 months or so, seen an increased interest in our product from the Asia Pacific region. We have clients in this region and the feedback we’re seeing is that the appetite for proven automated solutions is high,” claims Sheppard.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Streamlining trading and investment processes with data standards and identifiers

Financial institutions are integrating not only greater volumes of data for use across their organisation but also more varieties of data. As well, that data is being applied to more use cases than ever before, especially regulatory compliance and ESG integration. Due to this increased complexity of institutions’ data needs, however, information often arrives into...

BLOG

Rethinking Data Management in Financial Services: Virtualisation Over Static Storage

By Thomas McHugh, Co-Founder and Chief Executive, FINBOURNE Technology. In Financial Services (FS), data management has long been centred around traditional database storage. However, this approach is fundamentally misaligned with the nature of FS data, which is process-driven rather than static. The industry needs a shift in perspective – one that prioritises virtualisation over rigid...

EVENT

RegTech Summit London

Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Regulatory Data Handbook 2025 – Thirteenth Edition

Welcome to the thirteenth edition of A-Team Group’s Regulatory Data Handbook, a unique and practical guide to capital markets regulation, regulatory change, and the data and data management requirements of compliance across Europe, the UK, US and Asia-Pacific. This year’s edition lands at a moment of accelerating regulatory divergence and intensifying data focused supervision. Inside,...