About a-team Marketing Services
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Daiwa Securities Extends XSP Software Agreement with Xcitek

Subscribe to our newsletter

Daiwa Securities America has extended its XSP software agreement with Xcitek for corporate actions processing. The Japanese-owned broker/dealer, which implemented the application in 2004, has renewed its contract for another three years.

Xcitek will also accelerate its delivery of the Swift Standards Release (SR) 2007 Upgrade for XSP to clients. Xcitek will be delivering its SR2007 upgrade by early third quarter 2007 to allow clients more time to test the industry changes impacting the XSP ISO module, in advance of the October 27 2007 effective date mandated by Swift.
Meanwhile, Huntington National Bank, a multi-billion dollar regional bank headquartered in Columbus, OH, has signed for XSP. Huntington will also roll out eTRAN (Electronic Tracking Response and Notifications) to over 1000 of its users for the automated notification and response capture of elections. In addition to XSP, Xcitek is providing Huntington with its corporate actions data.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Taming the Private Markets Data Beast: Solving for Valuation, Integration, and Reporting in Alternative Investments

Available On-Demand Institutional activity in private markets has surged as organisations’ traditional investment theses have been upended by global economic volatility, geopolitical instability and fee compression. In their search for better risk-adjusted returns, they have found a rich seam of alpha from private equity and credit, real assets, venture and hedge funds, as well as...

BLOG

Rush to Build AI into Risk Models Creating Dangerous Capability ‘Gaps’

Asset managers may be exposing themselves to operational vulnerabilities as they rapidly integrate artificial intelligence and agents into their risk management systems, often without first ensuring trust in the data that will feed the models. A survey found that three-quarters of 178 senior investment leaders questioned said they expect the pace of AI and agents...

EVENT

AI in Data Management Summit New York City

Now in its second year, the AI in Data Management Summit NYC explores what changes when AI becomes part of the data management operating model.

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...