The Decillion Group, a banking software solutions provider and operator of the largest SWIFT Service Bureau in the Asia Pac region, markets and supports the XSP® v5 solution in a Software as a Service (SaaS) environment for the local Asian and Australian markets. With this interface, the XSP Data Management and Scrubbing module allows clients to rapidly achieve service levels for Corporate Actions announcements from ASX making XSP's mapping expertise available for any business that consumes ASX data.

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 re-engineered its platform using advanced Microsoft technologies. The XSP v5 platform is built around a Service-Oriented Architecture (SOA), utilizing Microsoft .NET components and Windows Communication Foundation (WCF) 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 (STP). The new eTRAN®+ widget leverages the XSP GO!™ framework to provide clients with a customizable user interface to manage Corporate Actions notification and response processing.

John Kehoe, Managing Director of Global Sales and Account Relationship Management at XSP, said, "XSP already offers the industry's most comprehensive and robust Corporate Actions data processing platform with connectivity to a global network of vendor feeds, exchanges, depositories, custodians and prime brokers. Now with the ASX ReferencePoint™ Corporate Actions data mapped directly to the XSP v5 solution, our Asia Pac clients have immediate access to this critical data via the Decillion platform. Additionally, the availability of ASX data on our latest innovative solutions, the XSP GO! Product Suite and eTRAN+ wwidget, offers yet another convenient way for clients to manage the notifications and response capture process."

"With the integration of ASX ReferencePoint data made available through the XSP solution leveraging Decillion's SaaS offering, financial institutions can streamline Corporate Actions processing whilst mitigating operational risks and maximising STP," said Frank Hoer, Manager of Market Information at ASX. "For Australian fund managers who only have a short window to make elections on events such as RAPIDs (Renounceable Accelerated Pro-rata Issue with Dual-bookbuilds), the power to receive acknowledgements immediately is a significant benefit to all parties involved, such as custodians, hedge fund managers, broker dealers, asset managers, index producers and others."

Thomas Lee, Chief Executive Officer of Decillion Group, commented, "Since partnering with XSP in 2009, demand for their proven XSP v5 platform continues to increase. With the XSP v5 solution live in our SaaS platform supporting clients in Asia Pacific, any financial institution in the region can access this state-of-the-art platform in a Cloud environment and leverage the powerful functionality to help manage this complex operation. We look forward to continue working with XSP and ASX to bring the latest innovations to the financial community."

Australia now ranks as the 14th largest economy in the world (measured by GDP), and the 4th largest in the Asia Pacific region. This firm international standing is reflected in the fact that Australia's three largest trading partners - China, Japan and the United States - are also the three largest economies in the world; and its two largest investment partners - the US and UK - are home to the world's largest capital markets.