Interactive Data opts for XSP software 01 November 2012SIbos Reporter: Jenna Jones
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Interactive Data Corporation’s global corporate actions data is now available through XSP’s new cloud-based offering, XSPrisa.
Interactive Data and XSP’s union will help financial institutions obtain on-demand access to global corporate actions data and streamline integration of this data into their technology platforms.
”Corporate actions data continues to increase in volume and complexity, which presents financial institutions with a wide range of enterprise-wide challenges related to trading operations and management of risk,” said Robin Simpson, managing director of reference data at Interactive Data.
“The availability of our global corporate actions data through XSP’s cloud-based solution is an extension of our longstanding relationship with XSP."
Brendan Farrell, CEO at XSP, said: “XSPrisa’s ability to help reduce costs with a fast, simplified deployment provides the ease and flexibility needed to automate the capture and processing of information from global data leaders like Interactive Data.”
“Providing Interactive Data’s corporate actions data through XSPrisa offers the financial community an innovative integrated solution to streamline corporate actions processing.”
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