Cantor Fitzgerald Automates Corporate Actions with XSP

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Cantor Fitzgerald, headquartered in New York, specializes in bond trading.

Cantor Fitzgerald will take XSP's XSPrisa product on a software-as-a-service (SaaS) basis, the vendor has announced.

XSPrisa automates corporate actions processing, with a pay-as-you-go pricing model designed for flexible usage. Cantor Fitzgerald is already using the software in London.

"We selected the XSPrisa product based on its flexible and scalable nature," says Thomas Anzalone, senior managing director, director of global operations at Cantor Fitzgerald & Co. "In this cloud environment, we can easily ramp up and down as our business demands and requirements evolve. We needed a solution that was flexible enough to accommodate our global presence, specifically in North America, Europe and Asia."

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