Asset Control is to add support for XcitekSolutionsPlus (XSP) corporate actions software to its reference data management programme.
XSP is a corporate actions automation application developed by New York data company Xcitek and Alabama-based Solutions Plus Inc.
Ger Rosenkamp, CEO of Asset Control, says: "Corporate actions are often major instigators of change in reference and price data, and our two solutions working together provide a means of both processing the events themselves and managing their repercussions on institutional data."
He says the XSP application will be made available as part of Asset Control's outsourced reference data service, ACDEX.