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

XSP Picks Tier 3 to Host Data Centre and Technology Infrastructure Requirements

Subscribe to our newsletter

XSP has selected Tier 3, which calls itself an infrastructure as a service (IaaS) provider, as a strategic partner to host and maintain its data centre and technology infrastructure requirements. According to the vendor, Tier 3 will also provide an environment for hosting its User Acceptance Testing (UAT) and software automation labs.

The corporate actions processing vendor says that its selection of Tier 3 was predicated on its ability to rapidly provision and secure technology assets, as well as providing a “high degree of flexibility” with its On-Demand platform.

Dan Retzer, managing director and chief technology officer at XSP, says: “XSP requires an alternative to the traditional approach to IT infrastructure and data centre support that is capable of keeping pace with our demands for growth, security and flexibility. Most managed services providers only partly meet our needs. We realised that the technology reached sufficient maturity for us to seek a provider that specialises in virtual technology for greater uptime and performance. Tier 3’s platform provides a proactive approach to delivering our internal applications, as well as meeting our clients’ demands for streamlining the UAT and implementation process.”

XSP hopes to achieve a more streamlined implementation process for its clients via the partnership agreement. Accordingly, Tier 3’s On-Demand platform will allow the XSP solution to be configured and deployed in a purely virtual environment. The vendor claims this simplifies the deployment process by safely replicating virtual XSP images from the Tier 3 On-Demand platform to a client’s virtual server infrastructure without the duplicated effort and expense associated with migrating solutions from a development environment to a UAT environment and ultimately to production.

Jared Wray, principal at Tier 3, explains: “Tier 3 provides them with a highly scalable and secure enterprise class platform without the associated costly hardware and infrastructure acquisition normally associated with IT. Tier 3 has expertise in all aspects of providing IaaS and we handle all the details so XSP can focus on their core business.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Mastering Data Lineage for Risk, Compliance, and AI Governance

Financial institutions are under increasing pressure to ensure data transparency, regulatory compliance, and AI governance. Yet many struggle with fragmented data landscapes, poor lineage tracking and compliance gaps. This webinar will explore how enterprise-grade data lineage can help capital markets participants ensure regulatory compliance with obligations such as BCBS 239, CCAR, IFRS 9, SEC requirements...

BLOG

Bloomberg BQuant Wins A-Team AICM Best AI Solution for Historical Data Analysis Award

When global markets were roiled by the announcement of massive US trade tariffs, Bloomberg saw the amount of financial and other data that runs through its systems surge to 600 billion data points, almost double the 400 billion it manages on an average day. “These were just mind-blowingly large volumes of data,” says James Jarvis,...

EVENT

TradingTech Summit New York

Our TradingTech Briefing in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

Regulatory Data Handbook 2025 – Thirteenth Edition

Welcome to the thirteenth edition of A-Team Group’s Regulatory Data Handbook, a unique and practical guide to capital markets regulation, regulatory change, and the data and data management requirements of compliance across Europe, the UK, US and Asia-Pacific. This year’s edition lands at a moment of accelerating regulatory divergence and intensifying data focused supervision. Inside,...