HONG KONG, June 28 (Bernama-GLOBE NEWSWIRE) -- Global GDP will be 14% higher in 2030 as a result of AI – the equivalent of an additional $15.7 trillion. This makes it the biggest commercial opportunity in today’s fast changing economy according to new research by PwC.
Drawing on a detailed analysis of the business impact of AI, Sizing the prize outlines the economies that are set to gain the most from AI.
http://mrem.bernama.com/viewsm.php?idm=29463
Friday 30 June 2017
AGF MANAGEMENT LIMITED REPORTS STRONG SECOND QUARTER 2017 FINANCIAL RESULTS
- 30% growth in mutual fund gross sales compared to prior year quarter
- 50% of ranked AUM performed above median for the one-year period ended May 31, 2017, and 53% for the three-year period
- Achieved final close of InstarAGF Essential Infrastructure Fund (EIF) with $740 million in commitments
- Reported Diluted EPS of $0.16 compared to $0.12 in Q2 2016
TORONTO, June 29 (Bernama-GLOBE NEWSWIRE) -- AGF Management Limited (AGF or the Company) today announced financial results for the second quarter ended May 31, 2017.
Total assets under management (AUM) increased 8.0% to $36.4 billion compared to the same period in 2016, and up 3.7% compared to $35.1 billion as at February 28, 2017. AUM increased across all lines of business, including retail, private client, institutional and subadvisory, and the Company’s alternative asset management platform.
During the three months ended May 31, 2017, retail fund net redemptions improved 62.1% to $107 million compared to net redemptions of $282 million for the three months ended May 31, 2016, reflecting the Company’s continued focus on investment performance and customer service excellence.
On April 24, 2017, AGF further cemented its growing presence in the U.S. exchange-traded fund (ETF) marketplace with the official launch of its AGFiQ Asset Management (AGFiQ) quantitative solutions platform. AGFiQ has brought together an intellectually diverse, multi-discipline team that combines the complementary strength of investment professionals across AGF and its affiliates from Highstreet Asset Management Inc. (Highstreet) and FFCM, LLC (FFCM) to deliver innovative product ideas to manage volatility around specific client needs and outcomes.
“Our strong second quarter results reflect the strategy and vision we set in place,” said Blake Goldring, Chairman and Chief Executive Officer, AGF Management Limited. “The diversification of our business both globally and into new growth businesses focused on alternative and factor-based investing, is yet another example of how we are repositioning the firm to meet the evolving needs of our clients.”
Income from continuing operations for the three months ended May 31, 2017 increased 5.4% to $117.1 million compared to $111.1 million for the three months ended May 31, 2016. EBITDA from continuing operations increased 11.5% to $29.2 million for the three months ended May 31, 2017, compared to $26.2 million for the same period in 2016.
“We have moved to a place of consistent investment performance through our focused efforts on bringing discipline to our investment processes to deliver the repeatable results our clients expect of us,” said Kevin McCreadie, President and Chief Investment Officer, AGF Investments Inc. “As a result, we are seeing our efforts reflected in the strengthening inflows experienced in our core retail business.”
On May 31, 2017, through InstarAGF, the Company’s alternative asset management platform, AGF achieved final close of EIF fund, reaching a fund size of $740 million.
Diluted earnings per share (EPS) from continuing operations for the three months ended May 31, 2017 was $0.16, compared to $0.12 for the comparative period.
For the three months ended May 31, 2017, AGF declared an eight cent per share dividend on Class A Voting common shares and Class B Non-Voting shares, payable July 18, 2017 to shareholders on record as at July 10, 2017.
Total assets under management (AUM) increased 8.0% to $36.4 billion compared to the same period in 2016, and up 3.7% compared to $35.1 billion as at February 28, 2017. AUM increased across all lines of business, including retail, private client, institutional and subadvisory, and the Company’s alternative asset management platform.
During the three months ended May 31, 2017, retail fund net redemptions improved 62.1% to $107 million compared to net redemptions of $282 million for the three months ended May 31, 2016, reflecting the Company’s continued focus on investment performance and customer service excellence.
On April 24, 2017, AGF further cemented its growing presence in the U.S. exchange-traded fund (ETF) marketplace with the official launch of its AGFiQ Asset Management (AGFiQ) quantitative solutions platform. AGFiQ has brought together an intellectually diverse, multi-discipline team that combines the complementary strength of investment professionals across AGF and its affiliates from Highstreet Asset Management Inc. (Highstreet) and FFCM, LLC (FFCM) to deliver innovative product ideas to manage volatility around specific client needs and outcomes.
“Our strong second quarter results reflect the strategy and vision we set in place,” said Blake Goldring, Chairman and Chief Executive Officer, AGF Management Limited. “The diversification of our business both globally and into new growth businesses focused on alternative and factor-based investing, is yet another example of how we are repositioning the firm to meet the evolving needs of our clients.”
Income from continuing operations for the three months ended May 31, 2017 increased 5.4% to $117.1 million compared to $111.1 million for the three months ended May 31, 2016. EBITDA from continuing operations increased 11.5% to $29.2 million for the three months ended May 31, 2017, compared to $26.2 million for the same period in 2016.
“We have moved to a place of consistent investment performance through our focused efforts on bringing discipline to our investment processes to deliver the repeatable results our clients expect of us,” said Kevin McCreadie, President and Chief Investment Officer, AGF Investments Inc. “As a result, we are seeing our efforts reflected in the strengthening inflows experienced in our core retail business.”
On May 31, 2017, through InstarAGF, the Company’s alternative asset management platform, AGF achieved final close of EIF fund, reaching a fund size of $740 million.
Diluted earnings per share (EPS) from continuing operations for the three months ended May 31, 2017 was $0.16, compared to $0.12 for the comparative period.
For the three months ended May 31, 2017, AGF declared an eight cent per share dividend on Class A Voting common shares and Class B Non-Voting shares, payable July 18, 2017 to shareholders on record as at July 10, 2017.
| (from continuing operations) | Three months ended | Six months ended | ||||||||||
| May 31, | February 28, | May 31, | May 31, | May 31, | ||||||||
| (in millions of Canadian dollars, except per share data) | 2017 | 2017 | 2016 | 2017 | 2016 | |||||||
| Income | 117.1 | 107.2 | 111.1 | 224.3 | 214.4 | |||||||
| Net Income attributable to equity owners of the | ||||||||||||
| Company | 13.2 | 9.2 | 9.6 | 22.4 | 19.8 | |||||||
| EBITDA 1 | 29.2 | 25.7 | 26.2 | 54.8 | 53.5 | |||||||
| Adjusted EBITDA 1 | 29.2 | 25.7 | 27.7 | 54.8 | 55.0 | |||||||
| Diluted earnings per share attributable to | ||||||||||||
| equity owners of the Company | 0.16 | 0.11 | 0.12 | 0.28 | 0.25 | |||||||
| Adjusted diluted earnings per share attributable to | ||||||||||||
| equity owners of the Company 1 | 0.16 | 0.11 | 0.13 | 0.28 | 0.26 | |||||||
| Free Cash Flow 1 | 10.4 | 10.4 | 16.4 | 20.9 | 27.4 | |||||||
| Dividends per share | 0.08 | 0.08 | 0.08 | 0.16 | 0.16 | |||||||
| Long-term debt | 168.4 | 198.3 | 228.9 | 168.4 | 228.9 | |||||||
| 1 EBITDA (earnings before interest, taxes, depreciation and amortization), adjusted EBITDA, adjusted diluted earnings per share and Free Cash Flow are not standardized measures prescribed by IFRS. The Company utilizes non-IFRS measures to assess our overall performance and facilitate a comparison of quarterly and full-year results from period to period. They allow us to assess our investment management business without the impact of non-operational items. These non-IFRS measures may not be comparable with similar measures presented by other companies. These non-IFRS measures and reconciliations to IFRS, where necessary, are included in the Management’s Discussion and Analysis available at www.agf.com. | ||||||||||||
| Three months ended | ||||||||||||
| May 31, | February 28, | November 30, | August 31, | May 31, | ||||||||
| (in millions of Canadian dollars) | 2017 | 2017 | 2016 | 20161 | 2016 | |||||||
| Retail fund Assets Under Management (AUM) | ||||||||||||
| (including retail pooled funds) | 18,884 | 18,299 | 17,774 | 17,811 | 17,539 | |||||||
| Institutional, sub-advisory and ETF accounts AUM | 11,336 | 10,960 | 10,810 | 11,033 | 11,087 | |||||||
| Private client AUM | 5,323 | 5,143 | 4,908 | 4,784 | 4,586 | |||||||
| Alternative asset management platform AUM 2 | 902 | 712 | 685 | 619 | 535 | |||||||
Total AUM, including alternative asset | ||||||||||||
| management platform | 36,445 | 35,114 | 34,177 | 34,247 | 33,747 | |||||||
| Net retail redemptions | 107 | 119 | 214 | 303 | 282 | |||||||
| Average daily retail fund AUM | 18,647 | 17,925 | 17,756 | 17,682 | 17,376 | |||||||
| 1 Net retail redemptions includes a $149.4 million transfer of an existing client from institutional to retail. | ||||||||||||
| 2 Represents fee-earning committed and/or invested capital from AGF and external investors held through joint ventures. AGF’s portion of this commitment is $150.0 million, of which $76.0 million has been funded as at May 31, 2017, which includes $10.1 million return of capital related to the monetization of its seed assets. | ||||||||||||
For further information and detailed financial statements for the second quarter ended May 31, 2017, including Management’s Discussion and Analysis, which contains discussions of non-IFRS measures, please refer to AGF’s website at www.agf.com under About AGF and Investor Relations and at www.sedar.com.
Conference Call
AGF will host a conference call to review its earnings results today at 11 a.m. ET.
The live audio webcast with supporting materials will be available in the Investor Relations section of AGF’s website at www.agf.com or at http://edge.media-server.com/m/p/etao7r83. Alternatively, the call can be accessed toll-free in North America by dialing 1-800-708-4540 (Passcode #: 45088906).
A complete archive of this discussion along with supporting materials will be available at the same webcast address within 24 hours of the end of the conference call.
About AGF Management Limited
Founded in 1957, AGF Management Limited (AGF) is a diversified global asset management firm with retail, institutional, alternative and high-net-worth businesses. As an independent firm, AGF strives to help investors succeed by delivering excellence in investment management and providing an exceptional client experience. AGF’s suite of diverse investment solutions extends globally to a wide range of clients, from financial advisors and individual investors to institutional investors including pension plans, corporate plans, sovereign wealth funds and endowments and foundations.
AGF has investment operations and client servicing teams on the ground in North America, Europe and Asia. With over $36 billion in total assets under management, AGF serves more than one million investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.
Caution Regarding Forward-Looking Statements
This press release includes forward-looking statements about the Company, including its business operations, strategy and expected financial performance and condition. Forward-looking statements include statements that are predictive in nature, depend upon or refer to future events or conditions, or include words such as ‘expects,’ ‘estimates,’ ‘anticipates,’ ‘intends,’ ‘plans,’ ‘believes’ or negative versions thereof and similar expressions, or future or conditional verbs such as ‘may,’ ‘will,’ ‘should,’ ‘would’ and ‘could.’ In addition, any statement that may be made concerning future financial performance (including income, revenues, earnings or growth rates), ongoing business strategies or prospects, fund performance, and possible future action on our part, is also a forward-looking statement. Forward-looking statements are based on certain factors and assumptions, including expected growth, results of operations, business prospects, business performance and opportunities. While we consider these factors and assumptions to be reasonable based on information currently available, they may prove to be incorrect. Forward-looking statements are based on current expectations and projections about future events and are inherently subject to, among other things, risks, uncertainties and assumptions about our operations, economic factors and the financial services industry generally. They are not guarantees of future performance, and actual events and results could differ materially from those expressed or implied by forward-looking statements made by us due to, but not limited to, important risk factors such as level of assets under our management, volume of sales and redemptions of our investment products, performance of our investment funds and of our investment managers and advisors, client-driven asset allocation decisions, pipeline, competitive fee levels for investment management products and administration, and competitive dealer compensation levels and cost efficiency in our investment management operations,as well as general economic, political and market factors in North America and internationally, interest and foreign exchange rates, global equity and capital markets, business competition, taxation, changes in government regulations, unexpected judicial or regulatory proceedings, technological changes, cybersecurity, catastrophic events, and our ability to complete strategic transactions and integrate acquisitions, and attract and retain key personnel. We caution that the foregoing list is not exhaustive. The reader is cautioned to consider these and other factors carefully and not place undue reliance on forward-looking statements. Other than specifically required by applicable laws, we are under no obligation (and expressly disclaim any such obligation) to update or alter the forward-looking statements, whether as a result of new information, future events or otherwise. For a more complete discussion of the risk factors that may impact actual results, please refer to the ‘Risk Factors and Management of Risk’ section of the 2016 Annual MD&A.
AGF Management Limited shareholders, analysts and media, please contact:
Adrian Basaraba
Senior Vice-President and Chief Financial Officer
416-865-4203, Adrian.Basaraba@agf.com
Paul Francis
Director, Finance
416-815-6239,Paul.Francis@agf.com
SOURCE : AGF Management Ltd.
--BERNAMA
Conference Call
AGF will host a conference call to review its earnings results today at 11 a.m. ET.
The live audio webcast with supporting materials will be available in the Investor Relations section of AGF’s website at www.agf.com or at http://edge.media-server.com/m/p/etao7r83. Alternatively, the call can be accessed toll-free in North America by dialing 1-800-708-4540 (Passcode #: 45088906).
A complete archive of this discussion along with supporting materials will be available at the same webcast address within 24 hours of the end of the conference call.
About AGF Management Limited
Founded in 1957, AGF Management Limited (AGF) is a diversified global asset management firm with retail, institutional, alternative and high-net-worth businesses. As an independent firm, AGF strives to help investors succeed by delivering excellence in investment management and providing an exceptional client experience. AGF’s suite of diverse investment solutions extends globally to a wide range of clients, from financial advisors and individual investors to institutional investors including pension plans, corporate plans, sovereign wealth funds and endowments and foundations.
AGF has investment operations and client servicing teams on the ground in North America, Europe and Asia. With over $36 billion in total assets under management, AGF serves more than one million investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.
Caution Regarding Forward-Looking Statements
This press release includes forward-looking statements about the Company, including its business operations, strategy and expected financial performance and condition. Forward-looking statements include statements that are predictive in nature, depend upon or refer to future events or conditions, or include words such as ‘expects,’ ‘estimates,’ ‘anticipates,’ ‘intends,’ ‘plans,’ ‘believes’ or negative versions thereof and similar expressions, or future or conditional verbs such as ‘may,’ ‘will,’ ‘should,’ ‘would’ and ‘could.’ In addition, any statement that may be made concerning future financial performance (including income, revenues, earnings or growth rates), ongoing business strategies or prospects, fund performance, and possible future action on our part, is also a forward-looking statement. Forward-looking statements are based on certain factors and assumptions, including expected growth, results of operations, business prospects, business performance and opportunities. While we consider these factors and assumptions to be reasonable based on information currently available, they may prove to be incorrect. Forward-looking statements are based on current expectations and projections about future events and are inherently subject to, among other things, risks, uncertainties and assumptions about our operations, economic factors and the financial services industry generally. They are not guarantees of future performance, and actual events and results could differ materially from those expressed or implied by forward-looking statements made by us due to, but not limited to, important risk factors such as level of assets under our management, volume of sales and redemptions of our investment products, performance of our investment funds and of our investment managers and advisors, client-driven asset allocation decisions, pipeline, competitive fee levels for investment management products and administration, and competitive dealer compensation levels and cost efficiency in our investment management operations,as well as general economic, political and market factors in North America and internationally, interest and foreign exchange rates, global equity and capital markets, business competition, taxation, changes in government regulations, unexpected judicial or regulatory proceedings, technological changes, cybersecurity, catastrophic events, and our ability to complete strategic transactions and integrate acquisitions, and attract and retain key personnel. We caution that the foregoing list is not exhaustive. The reader is cautioned to consider these and other factors carefully and not place undue reliance on forward-looking statements. Other than specifically required by applicable laws, we are under no obligation (and expressly disclaim any such obligation) to update or alter the forward-looking statements, whether as a result of new information, future events or otherwise. For a more complete discussion of the risk factors that may impact actual results, please refer to the ‘Risk Factors and Management of Risk’ section of the 2016 Annual MD&A.
AGF Management Limited shareholders, analysts and media, please contact:
Adrian Basaraba
Senior Vice-President and Chief Financial Officer
416-865-4203, Adrian.Basaraba@agf.com
Paul Francis
Director, Finance
416-815-6239,Paul.Francis@agf.com
SOURCE : AGF Management Ltd.
--BERNAMA
ADVANCED ENERGY CELEBRATES GRAND OPENING OF TOKYO, JAPAN, SERVICE CENTER
Dedicated Service and Repair Facility Improves and Simplifies the Service Experience, Providing Regional Access to Industry-Leading Service Solutions that Lower Cost of Ownership
TACHIKAWA, Japan, June 29 (Bernama-GLOBE NEWSWIRE) -- Advanced Energy Industries, Inc. (Nasdaq:AEIS), a global leader in precision power conversion, today announced the grand opening of a service center in Tachikawa, Japan. The new facility, dedicated to service and repair operations, expands the company’s global footprint to support semiconductor manufacturing customers in Japan. The service center allows for Advanced Energy® (AE®) to engage more directly with customers and respond to growing customer demand for long-term, high-quality service in the region.
“Our customer relationships are built on trust, and we always take a highly responsive customer approach,” said Yuval Wasserman, Advanced Energy president and CEO. “The opening of the Tachikawa service center has resulted from listening, then improving and simplifying the service experience with a service and repair center devoted to our semiconductor customers in Japan.”
Mike McDonald, Advanced Energy vice president of global services, added, “We are excited to bring our service capabilities closer to our customers in Japan. We have a broad portfolio of service offerings that will be more effectively delivered from our new repair center in Tachikawa. Our industry-leading solutions are quantifiably superior to third-party services, lowering cost of ownership in semiconductor and related thin-film manufacturing processes. We’ve made significant investments in fixed assets and infrastructure and are looking forward to putting these to good use by providing the highest quality and most responsive lifecycle management products and services available.”
Advanced Energy will host a private ceremony to formally mark the grand opening of the Tachikawa service center on June 30. Leaders from key accounts, along with members of AE’s management team, will speak at the dedication ceremony. Distinguished guests, including local representatives and several high-ranking officials in the semiconductor industry, will receive a guided tour of the facility and enjoy a private reception.
“We are very pleased that Advanced Energy’s in-country service center is here to support us,” said one executive from a large semiconductor equipment maker. “The presence of a local Advanced Energy repair facility will reduce tool downtime by providing quicker repair turnaround. This will also enable our organization to return AE product repairs to AE rather than to less reliable third-party repair companies.”
The Tachikawa service center follows the opening of a service center earlier this year in Xi’an, China. The new facilities provide customers in Asia the high-quality lifecycle services they need, accelerate repair cycles and streamline the service experience. This latest addition is one of 14 service centers around the world and one of two local facilities in Japan—in Ichigaya and now Tachikawa. Many customers rely on AE to stock spares, provide extended warranties and expedite repairs to keep production moving.
About Advanced Energy
Advanced Energy (Nasdaq:AEIS) is a global leader in innovative power and control technologies for high-growth, precision power solutions for thin films processes and industrial applications. Advanced Energy is headquartered in Fort Collins, Colorado, with dedicated support and service locations around the world.
CONTACT:
Christina Liebman
Director, Corporate Marketing
Advanced Energy Industries, Inc.
+1.970.407.6444
SOURCE : Advanced Energy Industries, Inc.
--BERNAMA
TACHIKAWA, Japan, June 29 (Bernama-GLOBE NEWSWIRE) -- Advanced Energy Industries, Inc. (Nasdaq:AEIS), a global leader in precision power conversion, today announced the grand opening of a service center in Tachikawa, Japan. The new facility, dedicated to service and repair operations, expands the company’s global footprint to support semiconductor manufacturing customers in Japan. The service center allows for Advanced Energy® (AE®) to engage more directly with customers and respond to growing customer demand for long-term, high-quality service in the region.
“Our customer relationships are built on trust, and we always take a highly responsive customer approach,” said Yuval Wasserman, Advanced Energy president and CEO. “The opening of the Tachikawa service center has resulted from listening, then improving and simplifying the service experience with a service and repair center devoted to our semiconductor customers in Japan.”
Mike McDonald, Advanced Energy vice president of global services, added, “We are excited to bring our service capabilities closer to our customers in Japan. We have a broad portfolio of service offerings that will be more effectively delivered from our new repair center in Tachikawa. Our industry-leading solutions are quantifiably superior to third-party services, lowering cost of ownership in semiconductor and related thin-film manufacturing processes. We’ve made significant investments in fixed assets and infrastructure and are looking forward to putting these to good use by providing the highest quality and most responsive lifecycle management products and services available.”
Advanced Energy will host a private ceremony to formally mark the grand opening of the Tachikawa service center on June 30. Leaders from key accounts, along with members of AE’s management team, will speak at the dedication ceremony. Distinguished guests, including local representatives and several high-ranking officials in the semiconductor industry, will receive a guided tour of the facility and enjoy a private reception.
“We are very pleased that Advanced Energy’s in-country service center is here to support us,” said one executive from a large semiconductor equipment maker. “The presence of a local Advanced Energy repair facility will reduce tool downtime by providing quicker repair turnaround. This will also enable our organization to return AE product repairs to AE rather than to less reliable third-party repair companies.”
The Tachikawa service center follows the opening of a service center earlier this year in Xi’an, China. The new facilities provide customers in Asia the high-quality lifecycle services they need, accelerate repair cycles and streamline the service experience. This latest addition is one of 14 service centers around the world and one of two local facilities in Japan—in Ichigaya and now Tachikawa. Many customers rely on AE to stock spares, provide extended warranties and expedite repairs to keep production moving.
About Advanced Energy
Advanced Energy (Nasdaq:AEIS) is a global leader in innovative power and control technologies for high-growth, precision power solutions for thin films processes and industrial applications. Advanced Energy is headquartered in Fort Collins, Colorado, with dedicated support and service locations around the world.
CONTACT:
Christina Liebman
Director, Corporate Marketing
Advanced Energy Industries, Inc.
+1.970.407.6444
SOURCE : Advanced Energy Industries, Inc.
--BERNAMA
NASDAQ'S DIRECTORS DESK® AND BOARDVANTAGE® TO INTRODUCE BOARD ASSESSMENTS AND COMPLIANCE QUESTIONNAIRES
A Unique Collaboration between Nasdaq Corporate Solutions and the Center for Board Excellence
NEW YORK and GREENSBORO, N.C., June 29 (Bernama-GLOBE NEWSWIRE) -- Nasdaq Corporate Solutions, a business of Nasdaq, Inc. (Nasdaq:NDAQ), announced today a new partnership with The Center for Board Excellence (CBE), a provider of board assessments and compliance questionnaires. In the first phase of the partnership, Nasdaq Corporate Solutions will facilitate introductions for users of Directors Desk and Boardvantage – Nasdaq’s board portal and meeting management solutions – to CBE’s cloud-based corporate governance solutions including: board and committee assessments; director peer assessments; CEO and management evaluations; and directors’ & officers’ questionnaires. Later this year, the parties plan to offer an integrated workflow between Nasdaq’s board portal solutions and CBE’s EnGauge™ platform, making it even easier for users to elect to benefit from these CBE offerings.
“Through our new relationship with CBE, the thousands of CEOs, corporate secretaries, general counsels, directors, and board chairs in over 70 countries who rely on Nasdaq Corporate Solutions will gain access to industry-leading corporate governance resources,” said Stacie Swanstrom, Executive Vice President and Head of Nasdaq Corporate Solutions. “We are excited about the prospect of offering our clients a solution that will be designed to streamline the assessment and questionnaire processes for faster, more efficient, and more effective results.”
Since its acquisition of Boardvantage in May 2016, the Nasdaq Corporate Solutions business of Nasdaq, Inc. has invested in enhancements to both the Directors Desk and Boardvantage portals to support better workflows in response to client feedback. “This new feature is a continuation of Nasdaq’s commitment to improving our users’ experience by offering solutions that have the potential to impact their productivity both in the boardroom and beyond,” added Matthew Healy, Vice President and Head of Governance at Nasdaq Corporate Solutions.
“CBE is proud to work with Nasdaq Corporate Solutions to deliver solutions for corporate governance excellence on a global scale. Forward-thinking leaders and investors use our metrics and innovative tools to reduce risk and streamline governance,” said Byron Loflin, CEO of CBE.
To learn more about Nasdaq Corporate Solutions, visit http://business.nasdaq.com/intel/cs.html.
About Nasdaq:
Nasdaq (Nasdaq:NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to 3,800 total listings with a market value of $11 trillion. To learn more, visit: business.nasdaq.com.
About the Center for Board Excellence:
Founded in 2010, the Center for Board Excellence has built the leading platform for board and CEO assessments, plus other governance compliance tasks. CBE’s team of developers, leaders, and attorneys innovate to streamline laborious, costly and previously paper-based processes through its proprietary EnGauge™ cloud-based platform. CBE’s solutions create efficiencies that save directors, in-house counsel and governance professionals substantial time, effort, and money, helping drive strategy and improve the total quality of compliance and governance. For more information, please visit the company’s website at www.boardevaluations.com.
This communication and the content found by following any link herein are being provided to you by Nasdaq Corporate Solutions, a business of Nasdaq, Inc. ( “Nasdaq”), for informational purposes only. Nasdaq makes no representation or warranty with respect to this communication or such content and expressly disclaims any implied warranty under law. Nasdaq, the Nasdaq logo, and Nasdaq Corporate Solutions are registered and unregistered trademarks, or service marks, of Nasdaq, Inc. or its subsidiaries in the U.S. and other countries. © Nasdaq, Inc. 2017. All rights reserved.
NDAQG
Nasdaq Media Contact:
Will Briganti
(646) 441-5012
william.briganti@nasdaq.com
SOURCE : NASDAQ, Inc.
--BERNAMA
NEW YORK and GREENSBORO, N.C., June 29 (Bernama-GLOBE NEWSWIRE) -- Nasdaq Corporate Solutions, a business of Nasdaq, Inc. (Nasdaq:NDAQ), announced today a new partnership with The Center for Board Excellence (CBE), a provider of board assessments and compliance questionnaires. In the first phase of the partnership, Nasdaq Corporate Solutions will facilitate introductions for users of Directors Desk and Boardvantage – Nasdaq’s board portal and meeting management solutions – to CBE’s cloud-based corporate governance solutions including: board and committee assessments; director peer assessments; CEO and management evaluations; and directors’ & officers’ questionnaires. Later this year, the parties plan to offer an integrated workflow between Nasdaq’s board portal solutions and CBE’s EnGauge™ platform, making it even easier for users to elect to benefit from these CBE offerings.
“Through our new relationship with CBE, the thousands of CEOs, corporate secretaries, general counsels, directors, and board chairs in over 70 countries who rely on Nasdaq Corporate Solutions will gain access to industry-leading corporate governance resources,” said Stacie Swanstrom, Executive Vice President and Head of Nasdaq Corporate Solutions. “We are excited about the prospect of offering our clients a solution that will be designed to streamline the assessment and questionnaire processes for faster, more efficient, and more effective results.”
Since its acquisition of Boardvantage in May 2016, the Nasdaq Corporate Solutions business of Nasdaq, Inc. has invested in enhancements to both the Directors Desk and Boardvantage portals to support better workflows in response to client feedback. “This new feature is a continuation of Nasdaq’s commitment to improving our users’ experience by offering solutions that have the potential to impact their productivity both in the boardroom and beyond,” added Matthew Healy, Vice President and Head of Governance at Nasdaq Corporate Solutions.
“CBE is proud to work with Nasdaq Corporate Solutions to deliver solutions for corporate governance excellence on a global scale. Forward-thinking leaders and investors use our metrics and innovative tools to reduce risk and streamline governance,” said Byron Loflin, CEO of CBE.
To learn more about Nasdaq Corporate Solutions, visit http://business.nasdaq.com/intel/cs.html.
About Nasdaq:
Nasdaq (Nasdaq:NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to 3,800 total listings with a market value of $11 trillion. To learn more, visit: business.nasdaq.com.
About the Center for Board Excellence:
Founded in 2010, the Center for Board Excellence has built the leading platform for board and CEO assessments, plus other governance compliance tasks. CBE’s team of developers, leaders, and attorneys innovate to streamline laborious, costly and previously paper-based processes through its proprietary EnGauge™ cloud-based platform. CBE’s solutions create efficiencies that save directors, in-house counsel and governance professionals substantial time, effort, and money, helping drive strategy and improve the total quality of compliance and governance. For more information, please visit the company’s website at www.boardevaluations.com.
This communication and the content found by following any link herein are being provided to you by Nasdaq Corporate Solutions, a business of Nasdaq, Inc. ( “Nasdaq”), for informational purposes only. Nasdaq makes no representation or warranty with respect to this communication or such content and expressly disclaims any implied warranty under law. Nasdaq, the Nasdaq logo, and Nasdaq Corporate Solutions are registered and unregistered trademarks, or service marks, of Nasdaq, Inc. or its subsidiaries in the U.S. and other countries. © Nasdaq, Inc. 2017. All rights reserved.
NDAQG
Nasdaq Media Contact:
Will Briganti
(646) 441-5012
william.briganti@nasdaq.com
SOURCE : NASDAQ, Inc.
--BERNAMA
POLYPLASTICS' SUPER-HIGH FLOW PBT "DURANEX (R) SF SERIES" ACCELERATES DOWNSIZING MOLDING DESIGN
TOKYO, June 27 (Bernama-AsiaNet) -- Polyplastics Co., Ltd.'s DURANEX (R) SF Series of polybutylene terephthalate (PBT) meets increasing needs of customers regarding the downsizing of components in fields such as automotive, consumer electronics and industrial electrical devices. With double the flowability of standard PBT, the DURANEX SF Series can fill super-thin wall sections of molded parts, critical in designing light-weight application products. The high flowability of the DURANEX SF Series contributes to downsizing product design, optimizing processing and reducing energy costs in injection molding.
(Image:
http://prw.kyodonews.jp/prwfile/release/M100475/201706223007/_prw_PI1fl_Oi82345s.jpg)
Given its excellent balance of mechanical and electrical properties, in addition to high moldability and durability, PBT is used in a variety of applications with various additives. However, the smaller and thinner the application designs become, the more flowability of resin will be required. Super-high flow resin, such as LCP, which costs more and requires higher temperature in molding than PBT, has conventionally been used. The DURANEX SF Series meets these requirements while providing the versatility of PBT, including better electrical properties and design flexibility.
Polyplastics offers selections of the DURANEX SF Series with low warpage and high filler characteristics:
- SF3300: Standard GF-reinforced type
- SF733LD: Low warpage type
- SF755: High filler type
For more information, visit
https://www.polyplastics.com/en/product/lines/pbt_sf/index.vm
DURANEX (R) is a registered trademark of Polyplastics Co., Ltd. in Japan and other countries and is used by WinTech Polymer Ltd. under license.
About Polyplastics
Polyplastics is a global leader in the development and production of engineering plastics solutions. The company has the largest global market share of POM (polyacetal copolymer). With more than 50 years of experience, its technical experts enhance manufacturing and product performance with a proficiency that has become second nature. Backed by a strong global network of R&D, production and sales resources, the team is able to create advanced solutions for an ever-evolving market.
SOURCE: Polyplastics Co., Ltd.
--BERNAMA
(Image:
http://prw.kyodonews.jp/prwfile/release/M100475/201706223007/_prw_PI1fl_Oi82345s.jpg)
Given its excellent balance of mechanical and electrical properties, in addition to high moldability and durability, PBT is used in a variety of applications with various additives. However, the smaller and thinner the application designs become, the more flowability of resin will be required. Super-high flow resin, such as LCP, which costs more and requires higher temperature in molding than PBT, has conventionally been used. The DURANEX SF Series meets these requirements while providing the versatility of PBT, including better electrical properties and design flexibility.
Polyplastics offers selections of the DURANEX SF Series with low warpage and high filler characteristics:
- SF3300: Standard GF-reinforced type
- SF733LD: Low warpage type
- SF755: High filler type
For more information, visit
https://www.polyplastics.com/en/product/lines/pbt_sf/index.vm
DURANEX (R) is a registered trademark of Polyplastics Co., Ltd. in Japan and other countries and is used by WinTech Polymer Ltd. under license.
About Polyplastics
Polyplastics is a global leader in the development and production of engineering plastics solutions. The company has the largest global market share of POM (polyacetal copolymer). With more than 50 years of experience, its technical experts enhance manufacturing and product performance with a proficiency that has become second nature. Backed by a strong global network of R&D, production and sales resources, the team is able to create advanced solutions for an ever-evolving market.
SOURCE: Polyplastics Co., Ltd.
--BERNAMA
Thursday 29 June 2017
MALAYSIA'S ANGKASA SELECTS UNISYS SOFTWARE TO ENHANCE CLIENT EXPERIENCE AND OPEN NEW CHANNELS FOR SERVICE DELIVERY
KUALA LUMPUR , Malaysia, June 27 (Bernama-AsiaNet) --Unisys solution strengthens ANGKASA's position as leading provider of financial services for Malaysia's cooperatives movement
Unisys Corporation ( http://www.unisys.com/) (NYSE: UIS) today announced that
Angkatan Koperasi Kebangsaan Malaysia (ANGKASA)
( http://www.angkasa.coop/english/) has selected the company to provide Unisys
ClearPath Forward(TM)
( http://www.unisys.com/offerings/technology-products-and-services/clearpath-forward-systems/brochure/the-unisys-
clearpath-forward-eportal-for-mcp-and-os-2200-environments-id-544)
software technology that enables ANGKASA to deliver and expand payment services for its constituents and their customers.
ANGKASA is the leading body of Malaysia's co-operative movement representing 13,428 co-operatives (social organisations owned and managed by its members). In that role, ANGKASA provides a salary deduction service for salaried employees, credit co-operatives, financial institutions and other business organisations through an efficient, systematic and secure deduction channel.
The computerised system allows government payroll offices or other employers to effectively and efficiently process monthly salary deductions, while enabling more than 3.5 million co-operatives members nationwide to pay their loan instalments, insurance policies, trustees accounts, recreational club memberships and workers union subscription fees.
Delivery of fast, efficient salary-deduction and payment services through the Unisys software solution is key to ANGKASA's strategy for member retention and customer satisfaction.
ANGKASA President Dato' Hj Abdul Fattah said, "ANGKASA's salary deduction service is crucial to the organisation and our members. We rely on the high reliability, scalability and security of the Unisys operating platform to deliver an efficient payment service to our members, and it has become central to our IT infrastructure-modernisation strategy. In addition, innovative Unisys ClearPath Forward software tools are crucial for creating new online channels for service delivery to our co-operative members."
ANGKASA will use Unisys ClearPath Forward(TM) (
http://www.unisys.com/offerings/technology-products-and-services/clearpath-forward-systems)
software technology and solutions such as Agile Business Suite (
http://www.unisys.com/offerings/technology-products-and-services/clearpath-forward-systems/newsrelease/unisys-adds-devops-features-to-ab-suite-app-development-software ) (AB Suite(R)), Enterprise Output Manager (
http://www.unisys.com/offerings/technology-products-and-services/clearpath-forward-systems/cross-platform-software/enterprise-output-manager)
and ePortal (
http://www.unisys.com/offerings/technology-products-and-services/clearpath-forward-systems/brochure/the-unisys-clearpath-forward-eportal-for-mcp-and-os-2200-environments-id-544)
to develop new channels for serving customers through the web and mobile devices and deliver continuous availability for the salary-deduction service. Providing unsurpassed security, the Unisys ClearPath Forward environments are the only ones on the market in which user data has never been forcibly extracted (
http://assets.unisys.com/Documents/Global/Misc/NISTNationalVulnerabilityDatabase.pdf).[1]
Upgrading the IT infrastructure is a key part of ANGKASA's digital transformation of the organisation's two data centres into software-defined facilities. Under the agreement, Unisys will create new development and disaster recovery environments, and replace manual backup processes with automated data replication between the sites to reduce recovery time significantly.
"Unisys enables ANGKASA to retain and expand its member base and provide an optimal user experience for constituents and their customers," said Richard Parker, vice president, financial services, Unisys Asia Pacific. "Our common goal is to strengthen ANGKASA's position as a leader in service to cooperatives while providing a secure, flexible platform that can adapt quickly to changing member and customer requirements. Other organisations providing financial services can follow that model to deliver expanded, always-on services across multiple devices for an optimal customer experience."
[1]Based on Unisys analysis of incidents in the U.S. National Institute of Standards and Technology National Vulnerability Database, April 6, 2017.
About Unisys
Unisys is a global information technology company that specialises in providing industry-focused solutions integrated with leading-edge security to clients in the government, financial services and commercial markets. Unisys offerings include security solutions, advanced data analytics, cloud and infrastructure services, application services and application and server software. For more information, visit www.unisys.com. Follow Unisys on Twitter (http://twitter.com/UnisysCorp) and LinkedIn (http://www.linkedin.com/company/unisys).
About Unisys Asia Pacific
In Asia Pacific, Unisys delivers services and solutions to clients in more than 15 countries across the region. For more information visit: www.unisys.com.my
Follow us on twitter @UnisysAPAC (http://www.twitter.com/UnisysAPAC), LinkedIn (http://www.linkedin.com/company/unisys), and in China on: www.weibo.com/unisyschina and WeChat Official Account: Unisys China.
Contacts:
Asia-Pacific: Claire Hosegood, Unisys Asia Pacific, +61 411 253 663
claire.hosegood@au.unisys.com
RELEASE NO.: 0627/9516
Unisys and other Unisys products and services mentioned herein, as well as their respective logos, are trademarks or registered trademarks of Unisys Corporation. Any other brand or product referenced herein is acknowledged to be a trademark or registered trademark of its respective holder.
UIS-C
SOURCE: Unisys
--BERNAMA
Unisys Corporation ( http://www.unisys.com/) (NYSE: UIS) today announced that
Angkatan Koperasi Kebangsaan Malaysia (ANGKASA)
( http://www.angkasa.coop/english/) has selected the company to provide Unisys
ClearPath Forward(TM)
( http://www.unisys.com/offerings/technology-products-and-services/clearpath-forward-systems/brochure/the-unisys-
clearpath-forward-eportal-for-mcp-and-os-2200-environments-id-544)
software technology that enables ANGKASA to deliver and expand payment services for its constituents and their customers.
ANGKASA is the leading body of Malaysia's co-operative movement representing 13,428 co-operatives (social organisations owned and managed by its members). In that role, ANGKASA provides a salary deduction service for salaried employees, credit co-operatives, financial institutions and other business organisations through an efficient, systematic and secure deduction channel.
The computerised system allows government payroll offices or other employers to effectively and efficiently process monthly salary deductions, while enabling more than 3.5 million co-operatives members nationwide to pay their loan instalments, insurance policies, trustees accounts, recreational club memberships and workers union subscription fees.
Delivery of fast, efficient salary-deduction and payment services through the Unisys software solution is key to ANGKASA's strategy for member retention and customer satisfaction.
ANGKASA President Dato' Hj Abdul Fattah said, "ANGKASA's salary deduction service is crucial to the organisation and our members. We rely on the high reliability, scalability and security of the Unisys operating platform to deliver an efficient payment service to our members, and it has become central to our IT infrastructure-modernisation strategy. In addition, innovative Unisys ClearPath Forward software tools are crucial for creating new online channels for service delivery to our co-operative members."
ANGKASA will use Unisys ClearPath Forward(TM) (
http://www.unisys.com/offerings/technology-products-and-services/clearpath-forward-systems)
software technology and solutions such as Agile Business Suite (
http://www.unisys.com/offerings/technology-products-and-services/clearpath-forward-systems/newsrelease/unisys-adds-devops-features-to-ab-suite-app-development-software ) (AB Suite(R)), Enterprise Output Manager (
http://www.unisys.com/offerings/technology-products-and-services/clearpath-forward-systems/cross-platform-software/enterprise-output-manager)
and ePortal (
http://www.unisys.com/offerings/technology-products-and-services/clearpath-forward-systems/brochure/the-unisys-clearpath-forward-eportal-for-mcp-and-os-2200-environments-id-544)
to develop new channels for serving customers through the web and mobile devices and deliver continuous availability for the salary-deduction service. Providing unsurpassed security, the Unisys ClearPath Forward environments are the only ones on the market in which user data has never been forcibly extracted (
http://assets.unisys.com/Documents/Global/Misc/NISTNationalVulnerabilityDatabase.pdf).[1]
Upgrading the IT infrastructure is a key part of ANGKASA's digital transformation of the organisation's two data centres into software-defined facilities. Under the agreement, Unisys will create new development and disaster recovery environments, and replace manual backup processes with automated data replication between the sites to reduce recovery time significantly.
"Unisys enables ANGKASA to retain and expand its member base and provide an optimal user experience for constituents and their customers," said Richard Parker, vice president, financial services, Unisys Asia Pacific. "Our common goal is to strengthen ANGKASA's position as a leader in service to cooperatives while providing a secure, flexible platform that can adapt quickly to changing member and customer requirements. Other organisations providing financial services can follow that model to deliver expanded, always-on services across multiple devices for an optimal customer experience."
[1]Based on Unisys analysis of incidents in the U.S. National Institute of Standards and Technology National Vulnerability Database, April 6, 2017.
About Unisys
Unisys is a global information technology company that specialises in providing industry-focused solutions integrated with leading-edge security to clients in the government, financial services and commercial markets. Unisys offerings include security solutions, advanced data analytics, cloud and infrastructure services, application services and application and server software. For more information, visit www.unisys.com. Follow Unisys on Twitter (http://twitter.com/UnisysCorp) and LinkedIn (http://www.linkedin.com/company/unisys).
About Unisys Asia Pacific
In Asia Pacific, Unisys delivers services and solutions to clients in more than 15 countries across the region. For more information visit: www.unisys.com.my
Follow us on twitter @UnisysAPAC (http://www.twitter.com/UnisysAPAC), LinkedIn (http://www.linkedin.com/company/unisys), and in China on: www.weibo.com/unisyschina and WeChat Official Account: Unisys China.
Contacts:
Asia-Pacific: Claire Hosegood, Unisys Asia Pacific, +61 411 253 663
claire.hosegood@au.unisys.com
RELEASE NO.: 0627/9516
Unisys and other Unisys products and services mentioned herein, as well as their respective logos, are trademarks or registered trademarks of Unisys Corporation. Any other brand or product referenced herein is acknowledged to be a trademark or registered trademark of its respective holder.
UIS-C
SOURCE: Unisys
--BERNAMA
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