The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

XSP Partners with Decillion Group to Provide XSP v5 Corporate Actions Platform as a Service Solution for Asia Pacific

XSP has partnered with Decillion Group, a banking software solutions provider, to provide a service-based offering of the XSP v5 Corporate Actions platform to the Asian and Australian markets. Through this agreement, Decillion Group will market and support the XSP v5 software in a software as a service (SaaS) environment to help clients in the Asia Pacific region achieve straight through processing (STP) of corporate actions events.

The XSP v5 platform is built around a service oriented architecture (SOA), utilising Microsoft .NET components and web services for global enterprise-wide processing. Decillion provides Swft business solutions, automation and integration services along with banking solutions including a SaaS platform for Swift connectivity. Brendan Farrell, CEO at XSP, says: “This partnership with Decillion, headquartered in Singapore with their strong local presence in Australia, Malaysia, Thailand, Indonesia, China and Vietnam is a significant step towards achieving XSP’s goal of providing our clients with local market support in the Asia Pacific region. Through Decillion’s hosted Platform as a Service environment, our mutual Asia Pacific clients will now have access to the sophisticated functionality and technology of the XSP v5 platform ‘in the Cloud’ backed by the world class services and local support of Decillion. This strategic partnership leverages the collaborative efforts of the Swift and Microsoft partner ecosystems allowing us to deliver industry value and cost effective innovation in corporate actions to the global financial markets.” Thomas Lee, CEO of Decillion, says: “With XSP’s leadership position and proven track record in global corporate actions processing, we can enrich our clients’ experiences with the essential tools they need to automate this highly challenging and specialised area. As the key Swift partner for corporate actions, XSP has an impressive client base with a state of the art solution that is implemented at some of the largest financial institutions in the world. Having both our solutions developed on Microsoft .NET platforms makes them highly compatible for easier integration and flexibility. We look forward to working with XSP and the opportunities that this joint offering presents to both organisations.”

Related content


Upcoming Webinar: Brexit: Reviewing the regulatory landscape and the data management response

Date: 11 May 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes With Brexit behind us and the UK establishing its own regulatory regime having failed to reach equivalence with the EU, financial firms face challenges of double reporting, uncertainty about UK regulation, and a potential exodus of top talent. The...


GLEIF LEI Search 2.0 and API Offer Customised, Automated Access to Rich LEI Data

The Global LEI Foundation (GLEIF) has responded to industry demand for customised, automated access to rich LEI data with LEI Search 2.0 and an API that allows third-party developers to automate searches and retrieve open, higher quality LEI data from within their application environments. LEI Search 2.0 expands the number of search parameters available, providing...


TradingTech Summit London

The TradingTech Summit in London brings together European senior-level decision makers in trading technology, electronic execution and trading architecture to discuss how firms can use high performance technologies to optimise trading in the new regulatory environment.


Entity Data Management & the LEI

Just over a year since the Financial Stability Board handed over leadership and direction of the interim Global Legal Entity Identifier System – or GLEIS – to the Regulatory Oversight Committee (ROC) of the LEI the entity identifier is being used for reporting under European Market Infrastructure Regulation. This report discusses recent developments in the...