XSP Attains Microsoft Gold Certified Partner Status in Microsoft Partner Network

Oct. 26, 2010 - PRLog -- XSP, the global leader in automated end-to-end Corporate Actions software, announced that it has achieved Gold Certified Partner status for 2010/2011 in the Microsoft Partner Network with a competency in ISV/Software Solutions, recognising XSP’s impact in the technology marketplace and a proven ability to meet the needs of its global clients. A Gold Certified Partner for the fourth consecutive year, this status represents the highest level of competence and expertise with Microsoft technologies.  

The XSP® v5 platform is the state-of-the-art solution developed to automate each step in the processing of global Corporate Actions. A Microsoft Gold Certified Partner, XSP has engineered its platform using advanced Microsoft technologies. Deployed locally or ‘In the Cloud’, the XSP v5 platform is built around a 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 (STP).

“XSP works closely with world-leading technology partners like Microsoft to deliver state-of-the-art solutions to the financial industry,” said Dan Retzer, Managing Director and Chief Technology Officer at XSP. “We are committed to the continuous development of innovative Corporate Actions processing solutions that cater to the unique requirements of our diverse and global client base. XSP has been a member of the Microsoft partner ecosystem for over ten years now and leveraging the benefits of this programme allows us to develop new and exciting offerings such as applications for mobile devices, customisable user interface, our cloud-capable, multi-tenant architecture, etc. Achieving this elite Gold-level status for the fourth year in a row provides us with exclusive access to sophisticated technologies and resources that help make XSP a high-performing, innovative and reliable leader in Corporate Actions processing.”

Colin Kerr, Worldwide Industry Manager, Payments and Core Banking at Microsoft, “The designation of Microsoft Gold Certified Partner demonstrates XSP’s exceptional performance in delivering solutions that integrate with Microsoft technologies, helping global financial institutions improve STP and realise immediate return on investment. Microsoft recognises XSP for their initiatives and efforts in revolutionising the global Corporate Actions marketplace and their attainment of the Gold status validates the depth of their expertise and their ongoing commitment to excellence.”

The ISV/Software Solutions Competency recognises the skill and focus partners bring to a particular solution set. Microsoft Gold Certified Partners that have obtained this competency have a successful record of developing and marketing packed software based on Microsoft technologies.

The Microsoft Partner Network was launched in October 2003 and represents Microsoft’s ongoing commitment to the success of partners worldwide. The programme offers a single, integrated partnering framework that recognises partner expertise, rewards the total impact that partners have in the technology marketplace, and delivers more value to help partners’ businesses be successful.

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About XSP
XSP is the global leader in end-to-end Corporate Actions automation solutions 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.