19 July 2018
Register today

FTSE Group deploys XSP corporate actions platform in Hong Kong

28 October 2009  |  2555 views  |  0 Source: XSP

XSP, the leading global provider of Corporate Actions software, announced today that FTSE Group, a world leader in the creation and management of indices, has extended the benefits of the XSP v5 Corporate Actions software to its Asia-Pacific operations in Hong Kong.

In addition to its live deployment in Hong Kong, FTSE has also been in live production on the XSP v5 platform in London and New York since 2008.

The XSP v5 platform is XSP's state-of-the-art solution developed to automate each step in the processing of global Corporate Actions. A Microsoft Gold Certified Partner, XSP has re-engineered its platform using advanced Microsoft technologies. The XSP v5 platform is built around a multi-tenant, service-oriented architecture (SOA), utilising Microsoft .NET components and Web Services for global enterprise-wide processing. Accredited with the SWIFTReady label, 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.

Mark Gleeson, Operations Director at FTSE Group, said, "We are delighted to be in live production environments on the XSP v5 Corporate Actions platform in Europe, North America and now Asia. With the increasing visibility of Corporate Actions events in Asia, it is critical that we further maximise productivity levels and processing efficiencies by integrating the XSP v5 platform into FTSE's Asian operations to ensure continuous return on investment."

Neil Sheppard, Managing Director and Chief Operating Officer of EMEA at XSP said, "With the XSP v5 software running in live production at FTSE's London and New York offices, it makes sense for them to extend this single, enterprise-wide platform to their Hong Kong operations. The extension proves the true scalability and flexibility of the XSP solution in managing the growing volume and complexities associated with global Corporate Actions processing. This implementation, within yet another Asian operation, further builds upon the success of our global reach into the Asia-Pacific markets. We look forward to continue to provide proven and reliable solutions that meet the unique requirements of our globall clients' complex businesses."

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)
Visit https://secure.vasco.comVisit http://go.jumio.com/finextraAdVisit info.nice.com

Top topics

Most viewed Most shared
Calmejane quits Lloyds Bank to join SocGenCalmejane quits Lloyds Bank to join SocGen
10833 views comments | 4 tweets | 7 linkedin
Metro Bank opens developer portalMetro Bank opens developer portal
9912 views comments | 5 tweets | 14 linkedin
Anything Visa can do...Mastercard takes time outAnything Visa can do...Mastercard takes ti...
9507 views comments | 6 tweets | 15 linkedin
Mastercard enlists Worldpay to push Vocalink's Pay by Bank appMastercard enlists Worldpay to push Vocali...
8914 views 19 comments | 14 tweets | 30 linkedin
Hong Kong plans September go-live for blockchain-based trade financeHong Kong plans September go-live for bloc...
8281 views comments | 9 tweets | 17 linkedin

Featured job

Competitive base, double ote, benefits
New York, Boston, Chicago, Philadelphia, USA

Find your next job