Xcitek Wins HedgeFund, Extends Deal


UK-based Polygon Investment Partners has become the first non-US hedge fund to license the XSP corporate actions processing software from New York vendor XcitekSolutionsPlus, Xcitek officials say.

The deal was signed in September, and the system will be in full production at Polygon by the middle of Q1 next year, says Brendan Farrell, managing partner at Xcitek. Farrell was not at liberty to discuss the value of the deal. Polygon did not respond to questions by press time.

XSP will take

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