Bank of America / LaSalle National Bank
"XSP has proven to us that it is capable of handling our high corporate actions processing volume, while improving our competitive advantage for domestic and global custodian opportunities. With the addition of the ISO messaging module and eTRAN for our notification and response capture needs, we will be able to manage more effectively costs and risks associated with the flow of information and instructions within a tight deadline."

-Veneta G. Kokenes, Senior Vice President of Trust Operations at Bank of America / LaSalle National Bank

BB&T
"XSP is a key partner in helping us to reduce our exposure to the risk inherent in the processing of Corporate Actions transactions. The functionality of the XSP software product facilitates, streamlines and documents the communication process, allowing us to accurately and efficiently execute on our clients’ directions. The quality of the product and the excellent support we receive were the chief factors in our decision to sign a multi-year renewal."

-Roger Lieber, Vice President, Trust Operations at BB&T 

Cantor Fitzgerald Europe
“We evaluated the global marketplace and found XSP to be the leader in this niche space. XSP’s ten years of expertise in Corporate Actions automation combined with its robust data scrubbing capabilities offers the most comprehensive and extensive solution to address our processing needs. The rich functionality of the XSP product will further enhance our Corporate Actions processing in an automated environment to help us achieve greater levels of straight-through processing (STP).”

-Mark Kinsella, Head of Corporate Actions at Cantor Fitzgerald Europe

The Center for Research in Security Prices (CRSP) at the Booth School of Business
“CRSP has launched a project to enhance our data-acquisition processes and to develop a new set of equity-based indices. We needed a software solution that could manage Corporate Actions data effectively. Included in the factors leading to a high score in our analysis and requirements was the comprehensiveness of the product in handling domestic and international securities along with the flexibility in the ability to manage the growing volume of Corporate Actions activity efficiently for our research staff. Their exclusive focus on the Corporate Actions automation space and their all-inclusive implementation strategy were additional factors in our selection of XSP. In addition to licensing the XSP application, CRSP will leverage the XSP team’s broad business and technical expertise in developing some additional and exciting product enhancements unique to CRSP’s requirements. We look forward to working closely with the XSP team to complete a smooth and successful implementation.”

-The Chief Operating Officer at Center for Research in Security Prices 

Daiwa Capital Markets
"As we expand our business into new areas, it became clear that we needed to enhance our corporate action reporting processes. We are constantly upgrading and improving our IT infrastructure and decided the XSP application provides the best platform to support our strategic goals. XSP was the logical choice because they are the market leader in automating corporate actions and have a successful implementation track record."

- Nicholas C. Rubino, Executive Vice President and Chief Operations Officer at Daiwa Capital Markets

"We are extremely pleased with the quick implementation of XSP into a live environment in just 30 days. They have far exceeded our expectations in delivering such a robust corporate actions solution to Daiwa in a short timeframe. XSP's expertise in corporate actions along with the professionalism of the entire XSP staff clearly shows the strength of the company and its commitment to the business."

- Nicholas C. Rubino, Executive Vice President and Chief Operations Officer at Daiwa Capital Markets on implementation of XSP at Daiwa within 30 days 

FTSE Group
“We are delighted to be live on the XSP v5 Corporate Actions platform at our U.S. operation as well as in Europe. FTSE set an initiative to implement an automated STP environment for the management of Corporate Action events applied to FTSE indices. The XSP v5 solution allows us to deliver this information to our worldwide clients in a timely manner. We continually seek to improve our performance and productivity whilst enhancing client services through technological improvement. The XSP v5 solution helps us fulfil these goals and we continue to work closely with XSP as we further expand deployment into the Asian markets.”

-Chris Broad, Chief Operating Officer at FTSE Group

Huntington National Bank
“We selected XSP because they hold the leadership position in providing high-quality Corporate Actions products and world-class client services. For more than 140 years, Huntington has been providing the most innovative financial products and services to our customers. XSP will allow us to automate the processing of Corporate Actions, while leveraging the eTRAN module to streamline internal and external client communications.”

-Rick Shea, Senior Vice President at Huntington National Bank

Markit
"The XSP platform enables us to automate some of the complex processes within our bespoke index calculation and management business. By making our systems more scalable, we will be able to meet increased demand for our services."

- Paul Hodge, Managing Director of Equities at Markit

M & I Trust Investment Management
"Marshall & Ilsley Trust Company N.A. added the eTRAN™ module to our XSP license to automate the notification and response capture of all elections. The addition of the eTRAN module has further enhanced and automated M&I's corporate actions process and moved us one step closer to a straight-through processing (STP) environment."

-Jill M. Moyer, Assistant Vice President at Marshall & Ilsley Trust Company N.A.

Mizuho International plc
"After a detailed evaluation process of Corporate Action system providers which involved reference site visits and scoring of their core functionality we selected the XSP solution. XSP gives us end-to-end automation in our asset servicing area and enables us to offer a strong and competitive custody service to our clients whilst reducing operational risk. We look forward to strengthening our existing relationship with XSP and benefiting from their proven development and support services."

-John W. Sweeney, Executive Director of Securities Services at Mizuho International plc 

Southwest Securities
“We selected XSP based on the product’s extensive functional coverage, reputation in the industry and continuous investments in technology. The XSP software will automate our Corporate Actions process, reduce risk, streamline workflow and enhance communications to our clients. In addition, the XSP product interfacing to Comprehensive Software Systems’ solution will promote further STP.”

-Anthony Mauro, Vice President of Operations at Southwest Securities

UMB Bank, N.A.
"UMB was XSP's first client back when the software application was introduced in 1997. Since then, we have recognized substantial operational efficiencies and risk reduction. The eTRAN module eliminates the manual process of distributing, collecting, and tracking corporate action events, which has further reduced our operational risk and cost."

-Larry Schmidt, Senior Vice President of Trust and Custody Support Services at UMB

U.S. Bank
"After reviewing several competitive alternatives, we selected XSP for its robust functionality and proven track record of successful implementations. XSP's technology enables us to enhance our service commitments, generate higher levels of organizational and operational efficiency, and continually improve our competitive position and performance." "eTRAN's web-based tracking tool undoubtedly reduces the manual efforts associated with the elections process."

-Dale R. Smith, Executive Vice President at U.S. Bancorp

Wachovia / Evergreen Investments
"The implementation of the XSP solution at Evergreen provides us with a tool that enhances operational efficiency and control for our current Corporate Actions process. During our extensive analysis of Corporate Actions software providers, we found the XSP product to offer a robust and flexible solution that fits our processing workflow."

-Marcus Spero, Vice President, Investment Services at Wachovia / Evergreen Investments