21 January 2017
visit http://www.wolterskluwerfs.com

Cantor Fitzgerald licenses XSP XSPrisa

28 June 2012  |  1730 views  |  0 Source: XSP

XSP, the global leader in automated end-to-end Corporate Actions solutions, is pleased to announce that it has added Cantor Fitzgerald, a premier global financial services firm at the forefront of financial and technological innovation, to its growing XSPrisa clientele.

Cantor is leveraging a more agile environment by licensing the new XSPrisa software as a service (SaaS) solution. The client currently utilizes XSP's state-of-the-art, flagship software deployed in London.

XSPrisa reduces the operational overhead and capital expenditure required for large-scale, enterprise software. With the pay-as-you-go, subscription-based model, firms experience higher levels of productivity and efficiency at a cost that fits the way they operate. The XSPrisa solution is a business-enabler that provides clients with a technology solution to a complex business problem. Users are able to address the complexities of the Corporate Actions management process while speeding up return on investment and reducing many of the hurdles normally associated with the acquisition and management of enterprise software.

Thomas Anzalone, Senior Managing Director, Director of Global Operations of Cantor Fitzgerald & Co. said, "We selected the XSPrisa product based on its flexible and scalable nature. In this Cloud environment, we can easily ramp up and down as our business demands and requirements evolve. We needed a solution that was flexible enough to accommodate our global presence, specifically in North America, Europe and Asia. In addition to the rapid implementation of the XSPrisa product, our decision was also driven by our longstanding relationship with XSP's knowledgeable team of Corporate Actions experts and their world-class client services."

Brendan P. Farrell, Jr., Chief Executive Officer of XSP, commented, "Cantor is a valued global client and we are pleased to have the capabilities they require to meet the demands of their global business. XSPrisa is the ideal solution for Cantor as they can be up and running in a matter of hours. By moving onto a SaaS platform, they continue to reap the benefits of our flagship XSP v5 solution to achieve greater levels of straight-through processing while removing the IT constraints of managing hardware and software. With XSPrisa, Cantor maintains the freedom to expand globally as their operations grow." 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related company information

XSP

Related blogs

Create a blog about this story (membership required)
http://www.financialcrimerisk.fiserv.com/aml?r=finextraVisit capgemini.com

Who is commenting?

Top topics

Most viewed Most shared
Banks face big profit loss to digitisation - McKinseyBanks face big profit loss to digitisation...
16158 views comments | 92 tweets | 111 linkedin
Seven banks plan blockchain platform for SMEsSeven banks plan blockchain platform for S...
12790 views comments | 48 tweets | 44 linkedin
Accenture beats Brexit blues with largest-ever London startup programmeAccenture beats Brexit blues with largest-...
11036 views comments | 31 tweets | 20 linkedin
US fintech firms join forces to push data sharing via APIsUS fintech firms join forces to push data...
6908 views comments | 41 tweets | 40 linkedin
HSBC forms tech advisory boardHSBC forms tech advisory board
6500 views comments | 21 tweets | 23 linkedin

Featured job

to Six-Figure Base, Bonus, Benefits
London, UK

Find your next job