Microsoft Gold Certified Partners represent the highest level of competence and expertise with Microsoft technologies, and work in the closest relationships with Microsoft.

The XSP v5 platform is XSP's latest state-of-the-art solution developed to automate each step in the processing of Corporate Actions. From data management to notification and response capture to entitlement management, global financial institutions gain immediate return on investment (ROI) with its flexible, modular approach and rules-based workflow engine. Re-engineered using advanced Microsoft technologies, the XSP v5 platform is built around a service-oriented architecture, utilizing Microsoft .NET Framework 2.0 components and Web services for global enterprise-wide processing. A SWIFTReady-labelled application, the XSP v5 platform is SWIFT 15022 compliant and combines cutting-edge technology with feature-rich functionality to mitigate operational risks and costs for end-to-end straight-through processing (STP).

"XSP is honored to attain this elite level of certification as a Microsoft Gold Certified Partner," said Brendan P. Farrell, Jr., Chief Executive Officer, of XSP. "We are particularly pleased about this advancement to Gold level after being named a Microsoft Certified Partner just a few short months ago. Achieving this status is a reflection of our commitment to continually enhancing our technology and product functionality while providing our clients with world-class support services. Throughout our 12 years as a leading provider of Corporate Actions processing software, the combined strength of XSP along with the hard work, dedication and industry knowledge of our people all contribute to our ongoing growth and market-leading status."

"Microsoft is pleased to name XSP a Microsoft Gold Certified Partner," said Craig Saint-Amour, U.S. capital markets industry solutions director for Microsoft Corp. "The Gold Partner Certification is a mark of excellence and recognition of XSP's commitment to providing leading-edge solutions and assuring the highest levels of quality and service. As a Microsoft Gold Certified Partner, XSP secures specialized training, skills and knowledge to provide innovative Microsoft-based solutions to help our mutual clients achieve critical business and technology initiatives in corporate actions processing."

Dan Retzer, Managing Director and Chief Technology Officer at XSP, said, "Reaching Microsoft Gold Certified Partner status is a great step forward in our quest to maintain our leadership position in Corporate Actions automation. We value the close working relationship and support that we have developed with Microsoft. With this certification, we have access to substantial resources and technologies that allow us to continue offering compelling solutions to meet our clients' ever-changing needs."

XSP achieved Microsoft Gold Certified Partner status as an Independent Software Vendor (ISV), attaining the ISV/Software Solutions Competency with the XSP v5 platform for Corporate Actions automation. The XSP v5 solution passed independent, third-party laboratory tests for conformance with Microsoft's highest standards for Windows Server tests, as well as .NET Framework and Web services tests.