Nicholas-Applegate Opts for XSP Platform

Nicholas-Applegate Capital Management has licensed XcitekSolutionsPlus’s XSP platform for corporate actions processing, its corporate actions data, its Swift messaging functionality and the Electronic Tracking Response and Notifications system for notification and response capture. “After evaluating the software vendors in the marketplace,” Christopher P. Siriani, director of operations at Nicholas-Applegate Capital Management, “we found that XcitekSolutionsPlus offered the most robust and flexible solution at a reasonable cost. They have an impressive client list from diverse market segments – varying from small growing companies to large industry leaders.” Xcitek recently teamed with ADP to add corporate actions auto-mation to the company’s back-office processing systems.