Continuing its run of contract wins, Xcitek has sealed an agreement with U.S. Bancorp, which will use the XcitekSolutionsPlus (XSP) corporate actions processing platform. The multi-year agreement also covers U.S. Bancorp’s use of eTRAN, Xcitek’s web-based module for automated notifications, and access to Xcitek’s corporate actions data. U.S. Bancorp, parent of U.S. Bank, is the eighth largest financial services holding company in the U.S. Dale R. Smith, executive vice president at U.S. Bancorp, said he believes Xcitek’s technology “will enable us to enhance our service commitments, generate higher levels of organizational and operational efficiency, and continually improve our competitive position and performance.” He added that “eTRAN’s web-based tracking tool undoubtedly reduces the manual efforts associated with the elections process.”
A-Team Insight Blogs
Xcitek’s Winning Spell Continues with U.S. Bancorp Deal
Date: 18 November 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Demand for timely and accurate corporate actions data is growing as volumes and complexity rise, and financial institutions acknowledge the increasingly costly gap between accurate corporate actions processing in real, or near-real, time and faulty processing caused by poor...
Bloomberg Offers Market-Implied Probability of Default Product to Enterprise Data and Terminal Clients
Bloomberg has made its Market-Implied Probability of Default (MIPD) product, a market-driven creditworthiness indicator, available to both Enterprise Data and Bloomberg Terminal clients globally. MIPD enables clients to incorporate creditworthiness metrics within existing workflows for a more holistic approach to credit risk management. The product provides clients with a highly responsive, transparent, daily credit risk...
RegTech Summit APAC will explore the current regulatory environment in Asia Pacific, the impact of COVID on the RegTech industry and the extent to which the pandemic has acted a catalyst for RegTech adoption in financial markets.
FRTB is one of the most sweeping and transformative pieces of regulation to hit the financial markets in the last two decades. With the deadline confirmed as January 2022, this Special Report provides a detailed insight into exactly what the data requirements are for FRTB in its latest (and final) incarnation, and explores what needs to be done in order to meet these needs on a cost-effective and company-wide basis.