The complexity and volume of corporate actions events have increased dramatically in recent years, resulting in operational inefficiencies due to complex manual processes, and greater exposure to operational, cost and reputational risks.
SunGard’s XSP provides a complete end-to-end solution suite that automates the corporate actions process, from cleansing and standardizing data and providing firms a global, “golden copy” to downstream notification as well as the automation of response capture. These solutions help reduce total cost of ownership, minimize risk and create straight-through processing (STP) for the back office.
XSP combines intelligent software with enterprise-grade, multi-tenant secure architecture. Highly scalable and volume insensitive, with a flexible and modular approach, XSP can also help you reduce infrastructure maintenance and cost. You can deploy XSP locally, access it through the cloud or choose a software as a service (SaaS) environment via XSPrisa.
2014 SWIFT Certified Application Label for Corporate Actions
In 2014, SunGard’s XSP solution earned the SWIFT Certified Application Label for the tenth consecutive year. The SWIFT Certified Application 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.