BB&T Deploys XSP to Cut Risk

FRONT PAGE: OPERATIONS

Branch Banking & Trust Co. went live with Xcitek's XSP corporate actions processing system last month in an effort to cut costs and operational risk by automating its corporate actions processing.

BB&T's process for dealing with corporate actions notifications and responses was completely manual before the roll out, says Xcitek managing partner Brendan Farrell, but "the volume of corporate actions is rising, so their exposure is growing exponentially.

"Also, there is a huge risk associated wi

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: