XSP has announced new benchmark performance figures for its version 5 corporate actions platform. The figures show gains as high as 8,500% in its data management and scrubbing module; over 2,500% in its notifications component; and a 3,200% increase in processing lottery events. The company says that these statistics further demonstrate the performance enhancements that the XSP software continues to achieve with Microsoft technologies. This data is based on an ongoing internal study conducted at several XSP global enterprise-wide clients, including some of the world’s largest custodian banks and asset management firms.
The XSP v5 platform has been developed to automate each step in the processing of global corporate actions. The platform has been re-engineered using Microsoft technologies. It is built around a multi-tenant, service-oriented architecture (SOA), using Microsoft .NET components and Web Services for global enterprise-wide processing. Accredited with the SWIFTReady label, the platform is ISO 15022 compliant and is designed to cut operational risks and costs for end-to-end straight-through processing (STP).
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more