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

SunGard Expands XSP Corporate Actions Portfolio

Subscribe to our newsletter

SunGard has expanded the XSP corporate actions portfolio it acquired in January 2013 with a business process as a service (BPaaS) solution that provides access to cleansed corporate actions data and a cloud-based risk dashboard that visualises a firm’s corporate actions risk exposure. Both solutions can be used standalone or with the XSP corporate actions platform, and like other XSP modules, both support the ISO 15022 and ISO 20022 messaging standards.

The BPaaS service is built on the XSP platform and includes a central repository of cleansed and standardised corporate actions data from multiple sources that can be consumed by SunGard XSP or alternative corporate actions processing applications. The service publishes data in a number of standardised formats to support a wide range of users and allows users to consume only the data they need.

The company’s cloud-based risk dashboard for corporate actions, XSPosure, has a web portal and when used with the XSP platform accesses the same data, but displays it differently to give staff who are not dedicated to corporate actions, perhaps risk officers, a view of corporate actions that can help them identify any events that are potentially damaging. XSPosure includes application programming interfaces that allow it to be integrated with corporate actions platforms other than XSP.

Commenting on BPaaS, Brendan Farrell, executive vice president and general manager at XSP, SunGard, says the company is experiencing increasing interest in managed services around corporate actions as firms recognise that there is no added value in processing corporate actions and look for subscription services that provide only the data they need.

On XSPosure, the concept of which won SunGard’s first global codeathon in 2013, he says: “The dashboard simplifies the way of viewing risk by turning a very complicated problem into an easy-to-use visual solution.”

Both BPaaS and XSPosure are available immediately, and while early conversations are with existing XSP users, Farrell expects the products to be sold independently at a later date. He concludes: “There are about 48,000 firms in the world that could use solutions like XSPosure and BPaaS. XSPosure could benefit many of them. BPaaS will probably be taken up initially by Tier 2 and 3 banks, but when it is bedded in we expect it to be a solution for the largest Tier 1 banks too.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Mastering Data Lineage for Risk, Compliance, and AI Governance

18 June 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes Financial institutions are under increasing pressure to ensure data transparency, regulatory compliance, and AI governance. Yet many struggle with fragmented data landscapes, poor lineage tracking and compliance gaps. This webinar will explore how enterprise-grade data lineage can help capital markets participants...

BLOG

ACA Updates ESG Platform with Greater Private Market Capabilities

Governance, risk and compliance advisory firm ACA Group has updated its ESG data management platform to provide more flexibility to its private investment clients. The New York-based company has retooled the ACA Vantage for ESG platform it launched in 2022 after acquiring ESG data specialist Ethos. The new iteration enables greater configuration of data and...

EVENT

Buy AND Build: The Future of Capital Markets Technology

Buy AND Build: The Future of Capital Markets Technology London 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: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...