In 1996, Xcitek joined forces with Solutions Plus to deliver cost-effective automation solutions to the financial industry. Together, the pioneer supplier of Corporate Actions data and the application software expert combined their strengths to form XcitekSolutionsPlus (‘XSP’). 

Accredited with the SWIFTReady Label, the XSP® platform is ISO 15022 compliant and proven to mitigate the operational risks and costs associated with Corporate Actions processing. This leading-edge solution features an extensive workflow module and robust data management tools. XSP’s web-based eTRAN and ISO messaging modules automate the client notification and response capture and reconciliation of elections on complex Corporate Actions events. The XSP Entitlement Management module completes the Corporate Actions processing lifecycle for true end-to-end STP.

XSP: eXSPertise is everything.
Since its inception, the XSP software has evolved with the ever-changing global landscape of Corporate Actions processing. As Corporate Actions becomes increasingly complex, the implementation of a proven automated solution continues to be a top priority and a much sought-after goal among financial institutions worldwide.

Dedicated exclusively to Corporate Actions automation, XSP’s second to none track record and leadership in this space is further supported by:

Xpress efficiency: XSP’s fast, effective implementation, averaging just 120 days, provides immediate Return on Investment, increased process efficiency and end-to-end STP.

Superior Knowledge: With XSP, you are dealing with professionals who specialize in Corporate Actions data management and processing.

Partnership: With XSP, you are partnering with an organization committed to building and maintaining long-term relationships.

XSP’s involvement and memberships with trade associations keep us abreast of the industry’s latest initiatives, drivers and new standards taking shape. XSP has corporate/individual memberships with trade associations including: ISITC, SIFMA Corporate Action Division, SIFMA Data Management Division, SIFMA Dividend Division, SIFMA Securities Operations Division and SWIFT.

With three office locations in Birmingham, AL; New York, NY; and London, UK; the XSP employee base consists of financial industry professionals with extensive experience in Corporate Actions and domain knowledge in their areas of expertise, including technology, development, implementation and client support.