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

Leading Global Insurance Company Selects XSP v5 Corporate Actions Platform

Subscribe to our newsletter

XSP, the global leader in automated end-to-end Corporate Actions solutions, announced today that it has signed a new client, a leading global Insurance company, to implement the XSP v5 platform for automated global Corporate Actions processing. This new client has licensed the XSP Data Management & Scrubbing module, Web-based eTRAN module for automated notifications, response capture and elections processing, XSP ISO Messaging and XSP Entitlements to streamline its Corporate Actions operations.

The XSP v5 platform is XSP’s 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 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).

After reviewing suppliers in the Corporate Actions space, this global insurance organization chose XSP because of its ability to provide a complete implementation plan supported by XSP’s project management professionals. “In addition to XSP’s market-leading status and commitment to innovation, their proven implementation track record gave us the confidence we needed to solidify our decision,” commented the Chief Information Officer at this top Insurance firm.

“We welcome our newest client to experience XSP’s robust platform as we continue to provide state-of-the-art Corporate Actions technology,” said Brendan P. Farrell, Jr., Chief Executive Officer at XSP. “The XSP v5 product will allow this client to control and streamline process flow resulting in significant risk reduction. We have invested millions in product enhancements and development of the XSP platform since 1996 and continue to invest annually in Research and Development to ensure we stay current with the evolving marketplace and technology. With over 18 million customers worldwide, this Insurance Company relies on the XSP product to ensure they meet their clients’ requirements. We are confident that XSP’s v5 platform solution will deliver superior performance and high scalability to support their operations.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Real world data governance – Practical strategies for data ownership

The theories of data governance and ownership are well rehearsed. Essentially, data governance includes rules and processes that make data accurate, compliant and accessible, ensuring the right users can access trusted data as and when they need it. Data ownership assigns responsibility and accountability for a specific dataset to an individual or team that can...

BLOG

Danish Pension Company Velliv Implements CuriumEDM for ESG Data Management

Velliv, a Danish pension and insurance company, has implemented Curium Data Systems’ enterprise data management solution, CuriumEDM, to manage the processing of its ESG data and ensure it can accommodate expanding regulatory and commercial requirements around ESG datasets. Curium’s initial target at Velliv is to address the ingestion, aggregation, mastering and quality control of ESG...

EVENT

TradingTech Briefing New York

Our TradingTech Briefing in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

The Global LEI System – A Solution for Entity Data?

The Global LEI System – or GLEIS – has been in development since the middle of last year. Development has been patchy at times, but much has been done, leaving fewer outstanding issues, but also raising new questions. What’s emerging is a structure for the GLEIS going forward, complete with a mechanism for registering and...