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XSP Expands London Office to Accommodate Continued Growth and Ongoing Investment in Corporate Actions Innovation

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XSP, a provider of corporate actions software, announced today that it has moved to larger office space in London to support its growing staff and global client base. The new space – which is located at the same address, 68 King William Street – more than doubles the size of its previous office.

Neil Sheppard, managing director and chief operating officer of EMEA at XSP, said, “There was a clear need for larger and more efficient space to accommodate our existing and prospective clients, whilst addressing the requirements for a first-class working environment as we continue to hire personnel to support our growth and our ongoing commitment to corporate actions innovation. It made sense to remain at our current location, as the building is centrally situated in the City’s financial district and the facilities are equipped with state-of-the-art technology for meetings and presentations. This move is indicative of our ongoing success and the momentum that we continue to experience in the corporate actions automation marketplace. We are delighted to be in a more spacious working environment and look forward to the opportunities for growth and the evolution of our already strong client base in Europe, North America, Asia and beyond.”

Brendan Farrell, CEO of XSP, commented, “This move is part of our ongoing expansion efforts and reflects XSP’s successful and dynamic growth in the global market demand for proven and innovative corporate actions solutions. We believe it is crucial to continue investing in advancements that help us to build an even stronger suite of corporate actions products and services. As we embark on the new and exciting opportunities in store for us in 2010, we strive to continue to provide the best possible working environments for our most important resources – our people.”

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