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

Marshall & Ilsley Trust Company Sticks with XSP for Corporate Actions

Subscribe to our newsletter

Marshall & Ilsley Trust Company, a subsidiary of Wisconsin-based bank Marshall & Ilsley Corporation, has signed a multi-year renewal agreement for XSP’s v5 corporate actions solution. According to Wayne Klomstad, senior vice president of Marshall & Ilsley Trust Company, it decided to extend its agreement with the vendor to cover the eTRAN module because of the “value” it as seen from the solution thus far.

Klomstad is also happy with the level of client support the firm has received from the vendor since it signed up for the solution in 2000. “Through the XSP eTRAN module, our third party clients will be able to notify and capture elections from all intermediaries involved, thereby further enhancing the downstream processing of corporate actions,” he continues.

Brendan Farrell, CEO of XSP, adds: “Through the use of the XSP and eTRAN modules, they are able to manage their risks and exposure involved in the processing of this highly complex area.”

It has been a relatively positive start to the year for the corporate actions solution vendor with the rollout of the v5 platform at Markit last month.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: The ROI of Data Trust: Quantifying the Business Value of Data Observability

Date: 8 July 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Data is the fuel that keeps modern financial institutions’ motors running but if that data can’t be trusted then the decisions made based upon it, or the uses to which its put, will be compromised. That’s especially important for...

BLOG

Arcesium Warns of Data Crunch as US Pension Funds Boost Private Market Bets

Blackstone’s launch of a business unit dedicated to the creation of products that give US pension funds access to private markets has raised the data challenge for many established investment managers. Blackstone is seeking to win pension trustees over to an investment space they had traditionally been wary of or have been restricted from entering...

EVENT

TradingTech Summit London

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

AI in Capital Markets Handbook 2026

AI adoption in capital markets has moved into a more disciplined phase. The priority is now controlled deployment: where AI can be used safely, where it can deliver measurable value, and how outputs can be governed, monitored and evidenced. The 2026 edition of the AI in Capital Markets Handbook examines how AI is being applied...