XSP, the global leader in automated end-to-end Corporate Actions solutions, announced that the Company has moved its New York office to the Trump Building at 40 Wall Street. The relocation is part of a ten-year lease and designed to accommodate XSP's growing requirements.
Brendan P. Farrell, Jr., Chief Executive Officer at XSP, said, "This is an exciting time for XSP as we head into 2011 - our 15th year anniversary - taking occupancy of new modern offices in this 72-story landmark address that can accommodate future expansion and growth. The Trump Building provides a prestigious location - at the heart of the Financial District and steps from the New York Stock Exchange. Our decision to sign this long-term lease reflects our commitment to the financial markets and ongoing support for our global clients. As the need for Corporate Actions automation continues to rise, XSP is in the ideal position to help global financial institutions streamline this high-risk and increasingly-complex process. Following our most successful year with numerous achievements and several high-profile client wins, we anticipate another phenomenal year in 2011 filled with exciting opportunities, major growth and innovative new offerings for our clients."