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

XSP Picks Tier 3 to Host Data Centre and Technology Infrastructure Requirements

Subscribe to our newsletter

XSP has selected Tier 3, which calls itself an infrastructure as a service (IaaS) provider, as a strategic partner to host and maintain its data centre and technology infrastructure requirements. According to the vendor, Tier 3 will also provide an environment for hosting its User Acceptance Testing (UAT) and software automation labs.

The corporate actions processing vendor says that its selection of Tier 3 was predicated on its ability to rapidly provision and secure technology assets, as well as providing a “high degree of flexibility” with its On-Demand platform.

Dan Retzer, managing director and chief technology officer at XSP, says: “XSP requires an alternative to the traditional approach to IT infrastructure and data centre support that is capable of keeping pace with our demands for growth, security and flexibility. Most managed services providers only partly meet our needs. We realised that the technology reached sufficient maturity for us to seek a provider that specialises in virtual technology for greater uptime and performance. Tier 3’s platform provides a proactive approach to delivering our internal applications, as well as meeting our clients’ demands for streamlining the UAT and implementation process.”

XSP hopes to achieve a more streamlined implementation process for its clients via the partnership agreement. Accordingly, Tier 3’s On-Demand platform will allow the XSP solution to be configured and deployed in a purely virtual environment. The vendor claims this simplifies the deployment process by safely replicating virtual XSP images from the Tier 3 On-Demand platform to a client’s virtual server infrastructure without the duplicated effort and expense associated with migrating solutions from a development environment to a UAT environment and ultimately to production.

Jared Wray, principal at Tier 3, explains: “Tier 3 provides them with a highly scalable and secure enterprise class platform without the associated costly hardware and infrastructure acquisition normally associated with IT. Tier 3 has expertise in all aspects of providing IaaS and we handle all the details so XSP can focus on their core business.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Unpacking Stablecoin Challenges for Financial Institutions

The stablecoin market is experiencing unprecedented growth, driven by emerging regulatory clarity, technological maturity, and rising global demand for a faster, more secure financial infrastructure. But with opportunity comes complexity, and a host of challenges that financial institutions need to address before they can unlock the promise of a more streamlined financial transaction ecosystem. These...

BLOG

Seven 2026 RegTech Outlooks for Compliance, Reporting and Financial Crime

As 2026 gets underway, RegTechs are positioning for a shift in regulatory emphasis from refits, rewrites and attestations to demonstrable evidence. Across the jurisdictions supervisors are shifting from consultation and rulemaking into validation and testing whether firms have operationalised reforms through governance, high-quality data, defensible controls and credible evidence. The seven RegTechs that follow have...

EVENT

RegTech Summit New York

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

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...