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Financial services

XSP gains SWIFT accreditation

XSP has 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.

XSP continues to demonstrate excellent adherence to the SWIFT Network Validation and EIG+ guidelines

Filip Versluys, SWIFT
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, said: “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 standardisation initiatives.”

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.”

The XSP v5 platform was developed to automate each step in the processing of global corporate actions.

The corporate actions platform is built around a service-oriented architecture, using Microsoft .NET components and Web Services for global enterprise-wide processing.

XSP will be at Sibos 2012, which takes place in Osaka next week. Sibos is the SWIFT event for the payments community.

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