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

Technology-Driven Hedge Fund Selects XSP v5 Corporate Actions Platform

Subscribe to our newsletter

XSP, the global leader in automated end-to-end Corporate Actions solutions, announced today its newest client, a leading Hedge Fund based in New York City. This Hedge Fund has licensed the XSP v5 solution for automated global Corporate Actions processing. The new client will be implementing the XSP Data Management & Scrubbing module, XSP Web-based eTRAN module for automated notifications, response capture and elections processing, XSP ISO Messaging and XSP Standing Instructions to streamline its Corporate Actions operations.

The XSP v5 platform is XSP’s state-of-the-art solution developed to automate each step in the processing of global Corporate Actions. A Microsoft Gold Certified Partner, XSP has re-engineered its platform using advanced Microsoft technologies. The XSP v5 platform is built around a service-oriented architecture (SOA), utilizing Microsoft .NET components and Web Services for global enterprise-wide processing. Accredited with the SWIFTReady label, the XSP v5 platform is SWIFT 15022 compliant and combines cutting-edge technology with feature-rich functionality to mitigate operational risks and costs for end-to-end straight-through processing (STP).

Brendan P. Farrell, Jr., Chief Executive Officer at XSP, said, “We are delighted to welcome another prestigious Hedge Fund client that is dedicated to providing innovative solutions to the financial community. The industry demands solutions that automate and streamline the highly-complex processing of Corporate Actions while closely monitoring risk exposure. At XSP we believe in delivering solutions that provide superior functionality combined with first-class customer service and cutting-edge technology. We look forward to helping this top Hedge Fund excel in its strategic goals.”

This Hedge Fund is a forward-thinking organization that considers technology not only an integral part of its strategy but a corporate function and general way of life. Through XSP’s product, this Hedge Fund will benefit from a high availability platform, associated database backend and the use of virtual technologies to ensure transaction integrity. In addition, the Hedge Fund will have the ability to take advantage of XSP’s modular, flexible and configurable design which offers its clientele a powerful platform to streamline Corporate Actions processing.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Streamlining trading and investment processes with data standards and identifiers

Financial institutions are integrating not only greater volumes of data for use across their organisation but also more varieties of data. As well, that data is being applied to more use cases than ever before, especially regulatory compliance and ESG integration. Due to this increased complexity of institutions’ data needs, however, information often arrives into...

BLOG

SmartStream Chief Jaffer Sees Rapid Change in Year at Helm

Just over a year into his tenure as chief executive of financial data automation provider SmartStream, Akber Jaffer finds himself surveying a data industry that’s changed enormously over his short time at the UK-based company. Chat GPT was a year old when he took on his new role and the artificial intelligence (AI) technology’s revolutionary...

EVENT

Data Management Summit London

Now in its 16th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

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...