Chinese bank licenses XSP product 10 July 2012New York Reporter: Georgina Lavers
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Industrial and Commercial Bank of China Financial Services (ICBCFS), a wholly owned subsidiary of ICBC Limited has licensed XSP’s newest product, XSPrisa.
Kevin McKeown, chief operating officer at ICBC Financial Services said: “At ICBCFS, we strive to drive business value and innovation to our global client base. With XSP’s new solution, XSPrisa, we are able to quickly provide our clients with sufficient, secure and timely data whether domestic or international.
“We are experiencing strong growth in the market with an increased amount of international trading that led us to make the decision to search for a Corporate Actions automation solution that would help us reduce risk and deliver immediate results.
"XSP’s proven Corporate Actions expertise and excellent hands-on client service are the perfect blend. My team has the comfort of knowing that they have access to a live person that understands the complexities of this market.”
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