Both companies’ respective solutions are built on a common technology platform using .NET architecture in a web service-enabled environment for easy integration and flexibility.
The v5 platform is XSP’s latest state-of-the-art solution developed to automate each step in the processing of corporate actions. From data management to notification and response capture to entitlement management, global financial institutions gain immediate return on investment with its flexible modular approach and rules-based workflow engine.
Re-engineered using advanced Microsoft technologies, the XSP v5 platform is built around a service-oriented architecture, utilizing .NET components and web services for global enterprise-wide processing.
Peter Madigan, director at Web Services Integration said, We are delighted to form this strategic alliance with XSP. The fact that both solutions are built on the same .NET technology platform allows for faster deployment and reduces the cost of ownership for our clients. The Xceptor Tax Hub eliminates manual intervention, reduces errors, enhances client services and improves cash flow in the withholding tax reclaim process. By integrating the Xceptor Tax Hub product with the XSP v5 solution, the tax reclaim process within the corporate actions lifecycle is completely automated from dividend announcement through to closure.
