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XSP Expands London Office to Accommodate Continued Growth & Ongoing Investment in Corporate Actions

XSP, the leading global provider of Corporate Actions software, announced it has moved to larger office space in London to support its growing staff and global client base. The new space more than doubles the size of its previous office.

FOR IMMEDIATE RELEASE

PRLog (Press Release) - Mar 01, 2010 -
XSP, the leading global provider of Corporate Actions software, announced today that it has moved to larger office space in London to support its growing staff and global client base. The new space – which is located at the same address, 68 King William Street – more than doubles the size of its previous office.

Neil Sheppard, Managing Director and Chief Operating Officer of EMEA at XSP, said, “There was a clear need for larger and more efficient space to accommodate our existing and prospective clients, whilst addressing the requirements for a first-class working environment as we continue to hire personnel to support our growth and our ongoing commitment to Corporate Actions innovation. It made sense to remain at our current location, as the building is centrally situated in the City’s financial district and the facilities are equipped with state-of-the-art technology for meetings and presentations. This move is indicative of our ongoing success and the momentum that we continue to experience in the Corporate Actions automation marketplace. We are delighted to be in a more spacious working environment and look forward to the opportunities for growth and the evolution of our already strong client base in Europe, North America, Asia and beyond.”

Brendan P. Farrell, Jr., Chief Executive Officer of XSP, commented, “This move is part of our ongoing expansion efforts and reflects XSP’s successful and dynamic growth in the global market demand for proven and innovative Corporate Actions solutions. We believe it is crucial to continue investing in advancements that help us to build an even stronger suite of Corporate Actions products and services. As we embark on the new and exciting opportunities in store for us in 2010, we strive to continue to provide the best possible working environments for our most important resources – our people.”

The phone numbers (main: +44 (0)20 7959 2400), fax number and email addresses remain the same. With headquarters in Birmingham, Alabama, XSP also has an office in New York City.

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XSP is the leading provider of Corporate Actions automation software for the global financial services industry. Accredited with the SWIFTReady Corporate Actions Label, the XSP platform is SWIFT ISO 15022 compliant and proven to mitigate the operational risks and costs associated with Corporate Actions processing. This leading-edge solution features an extensive workflow module and robust data management tools. XSP’s Web-based eTRAN™ and SWIFT ISO messaging modules automate the client notification and response capture and reconciliation of elections on complex Corporate Actions events. The XSP Entitlement Management module completes the Corporate Actions processing lifecycle for true end-to-end straight-through processing. With over 60 global clients, the XSP software is the most widely-implemented Corporate Actions solution in the world.

XSP is a Microsoft Gold Certified Partner and has achieved Microsoft Competencies in ISV/Software Solutions and Security Solutions.

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Contact Email:
***@xsp.com Email Verified
Source:XcitekSolutionsPlus, LLC (XSP)
Phone:646-300-6803
Fax:646-839-9398
Address:5 Hanover Square
:20th Floor
Zip:10004
City/Town:New York City
State/Province:New York
Country:United States
Industry:Finance, Software, Technology
Tags:, , 68 king william street, continued growth, ongoing investment
Last Updated:Mar 01, 2010
Shortcut:http://prlog.org/10553817
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