XSP Earns 2012 SWIFTReady Corporate Actions Label for Eight Consecutive Years


New York, NY - XSP, the global leader in automated end-to-end Corporate Actions solutions, has successfully achieved the 2011 SWIFTReady Corporate Actions Label in conjunction with Microsoft BizTalk Accelerator for SWIFT, the 2011 SWIFTReady Financial Enterprise Application Integration (EAI) product. XSP gained accreditation for the eighth consecutive year following extensive functionality validation of its flagship solution, the XSP® v5 platform. The SWIFTReady Corporate Actions label is granted to business applications that adhere to a specific set of criteria linked to the support of SWIFT FIN messages, SWIFT connectivity and SWIFT functionality.

Daniel E. Retzer, Managing Director and Chief Technology Officer at XSP, stated, "As an active SWIFT Solutions Partner, we are able to provide our clients with solutions that are aligned with industry standards and trends. XSP Corporate Actions solutions actively support standards ensuring our clients are equipped for future standardization initiatives. We are very proud of this achievement and our growing relations with the SWIFT community."

Filip Versluys, Head of Partner Marketing at SWIFT, said "The SWIFTReady Corporate Actions label represents products that meet the utmost levels of quality. XSP continues to demonstrate excellent adherence to the SWIFT Network Validation and EIG+ guidelines. In addition, XSP generated the Corporate Actions test messages and exchanged the test messages in the SWIFT network using Alliance Access 7.0 and AFT successfully. XSP can be proud to be placed among the industry leaders in service and product excellence through their attainment of the SWIFTReady Corporate Actions label."

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 service-oriented architecture, utilizing Microsoft .NET components and Web Services for global enterprise-wide processing. Accredited with the SWIFTReady label, the XSP v5 platform is ISO 15022 compliant and combines cutting-edge technology with feature-rich functionality to mitigate operational risks and costs for end-to-end straight-through processing.

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 ISO 15022 compliant and proven to mitigate the operational risks and costs associated with Corporate Actions processing. XSP offers a flexible menu of options including large scale, multi-tenant enterprise deployments, Private Cloud Managed Hosting or SaaS environment via our new XSPrisa(TM) product. The XSP GO! Product Suite is one of the latest innovative offerings addressing many new product and technology initiatives around Cloud Computing, Mobile Delivery and Social Networking Collaboration which facilitate automating of the last mile in the global Corporate Actions processing chain. XSP is a Microsoft Gold Certified Partner and has achieved a Microsoft Competency in ISV/Software Solutions.

For more information, please visit us at www.xsp.com and follow us on Twitter @XSPGlobal.

CONTACT

Esmeralda Estrella

Marketing Communications Specialist

XSP

+1 646 300 6806

eestrella@xsp.com

www.xsp.com

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