Friday, 30 September 2022

Neurowyzr partners Allium Healthcare to develop brain health for Active Agers

KUALA LUMPUR, Sept 29 (Bernama) -- Neurowyzr, the Singapore Deep Neuroscience and Brain Capital company with a vision to optimise population and corporate brain health and performance using neuroscience-based digital solutions, has announced a partnership with Allium Healthcare to jointly develop brain health programmes to help Active Agers screen, monitor, prevent and improve brain health.

Allium will be the first Intermediate and Long-Term care (ILTC) provider in Asia-Pacific to provide Active Ageing programmes focused on the brain, using Neurowyzr’s Digital Brain Function Screen and future brain health solutions.

For a start, Allium will provide Neurowyzr’s Digital Brain Function Screen that enables early detection of cognitive decline to its residents, day care participants, and members of the community.

The digital and gamified solution only takes 14-16 minutes to complete and can be completed on a phone or browser. Users will receive a report upon completionthat Allium healthcare staff will discuss with their patient in-depth.

According to a statement, Neuroscience studies show from age 30, nearly 10 per cent of people already begin to experience a brain health problem called Mild Cognitive Impairment (MCI). The proportion increases to 25 per cent among people aged 50, and 40 per cent at 60 years. As such, the World Health Organisation and leading clinical neuroscientists have recommended brain cognitive screening for all adults as part of routine healthcare screening.

Allium will work with Neurowyzr to design therapy options for those detected to have conditions such as Mild Cognitive Decline. Neurowyzr will also work with Allium to roll out future digital neuroscience solutions such as Digital Brain Health Diagnostics and Digital Therapy.

Neurowyzr CEO, Pang Sze Yunn said: “Our partnership with Allium enables Neurowyzr to address the problem of the early cognitive decline among the population. Not only will the population be able to access affordable cognitive screening, there will be more opportunities for them to find therapy options to reverse the decline.

“We are excited to work with an innovative new partner that is committed to finding solutions to a major societal problem.”

Bernie Poh, CEO, Allium Healthcare added: “With Singapore’s increasing focus on preventative care, we are excited to leverage new technologies to help Singaporeans on their healthy ageing journeys. This partnership with Neurowyzr increases Allium’s capability to focus on brain health.”

-- BERNAMA 

SKYDRIVE UNVEILS SD-05 FLYING CAR DESIGN, AIMING TO BEGIN AIR TAXI SERVICE IN 2025

TOYOTA, Japan, Sept 30 (Bernama) -- SkyDrive Inc. has unveiled the design of its commercial model flying car -- the SkyDrive SD-05. SkyDrive is planning to use the SD-05, currently in development, to launch air taxi service in the Osaka Bay area during the world exposition scheduled for 2025 in Osaka, Japan.

"This is another big step towards the realization of flying cars and sky roads," said Takumi Yamamoto, SkyDrive design director. "Two years have passed since the announcement of the SD-03, which successfully completed its public manned flight test in August 2020, and we are very happy to be able to announce its successor, the SD-05."

Headquartered in Toyota City, Aichi Prefecture, SkyDrive is a leading developer and manufacturer of flying cars (*1) and cargo drones in Japan.


Image1: Exterior of the SD-05, currently in development

https://kyodonewsprwire.jp/prwfile/release/M105850/202209267185/_prw_PI5fl_to2kn1db.jpg


Video of the SD-05 Commercial Model

Title: SkyDrive SD-05: Zero Emission Flying Vehicle

URL: https://youtu.be/36tDLW-mFiU


SD-05 Overview

The SD-05 is a two-seat, electric-powered compact aircraft with vertical takeoff and landing capabilities. Operated by a driver-pilot, its flight stability is secured with the assistance of a computer-controlled flight system. SkyDrive is developing flying cars with an eye toward realizing a world where they are used in daily life for air mobility much as automobiles are used for daily ground transportation.


"This vehicle is not just a simple means of traveling from point A to B," Yamamoto said. "Based on the design concept of 'giving wings to daily travel,' it's also a safer and more enjoyable travel partner."


SkyDrive is in the process of acquiring a type certificate (*2) for the SD-05 from the Ministry of Land, Infrastructure, Transport and Tourism (MLIT), as the first of its kind in Japan. The company continues to work toward initiating practical use of flying cars during the World Exposition Osaka, Kansai, scheduled for 2025 in Japan. The SD-05 is designed to travel up to approx. 10 km and the maximum cruise speed is 100 km/h. However, design and specifications are subject to change and the progress of design development.


Potential applications for SD-05 are currently under consideration, including short-cut transportation through the sky, a unique access to resort facilities, and emergency medical services.


"SkyDrive will continue to design the dreams of the future with the aim of realizing sky roads," said Yamamoto. SkyDrive is also moving to promote its business operations not only in Japan but also outside the country. In the U.S., for example, the company set up an office in September 2022, for the purpose of providing a means of "last mile" air transportation. The company has been developing the market jointly with local authorities and partner companies.


Exterior Design of SD-05

As with SkyDrive's single-seat SD-03 manned prototype aircraft, "progressive" (pioneering and advanced) is the term used to describe the design of the SD-05, which SkyDrive believes is an appropriate descriptor for a new genre of transportation. Viewing the fuselage, or body, of the aircraft from the side, an S-shaped contour suggests a pair of propellers lifting off into the sky. Looking down on the craft from above, viewers see the shape of a pearl-white swallow, a small but agile bird able to soar to great heights.



Image2:

https://kyodonewsprwire.jp/prwfile/release/M105850/202209267185/_prw_PI6fl_6XF2f9o3.jpg



The aerodynamically advanced airframe design is informed by studies of the streamlined shapes of birds and animals and features both horizontal and vertical tails for added stability in flight. At the top corners of the airframe, 12 motor-propeller units are positioned for flight stability. These reflect flight control technology acquired through more than 1,000 flight tests conducted during development of the airframe.


For the SD-05, specialists from SkyDrive and its partners have worked together in collaboration with JAMCO Corporation (*3), an aircraft interior maker; Toray Carbon Magic Co., Ltd. (*4), a provider of advanced Carbon Fiber Reinforcement Plastics (CFRP); and Electric Power Systems, Inc. (*5), a leading developer of battery systems that include high-power powertrains for electrified aircraft that are eligible for type certification.


With its mission to lead a once-in-a-century mobility revolution, SkyDrive is developing safer, more secure flying cars through development and repeated demonstration tests of the SD-05 commercial model, leading to a future where air transportation is part of daily life.


"We look forward to seeing everyone at the Osaka Expo in 2025," design director Yamamoto said.

 

Image3:

https://kyodonewsprwire.jp/prwfile/release/M105850/202209267185/_prw_PI3fl_7710DNlZ.jpg



Image4:

https://kyodonewsprwire.jp/prwfile/release/M105850/202209267185/_prw_PI4fl_98ccIudu.jpg



Notes:

(*1) Flying cars, called generally eVTOL (electric vertical takeoff and landing) aircraft outside Japan, are characterized by electrification, a fully autonomous autopilot, and vertical takeoff and landing. A new advancement in the field of mobility, the development of flying cars is being promoted globally. In Japan, the Public-Private Council for Air Mobility Revolution was established in 2018 for that purpose. The project is expected to lead to taxi services in urban areas, new means of transportation for remote islands and mountainous areas, and emergency transport in times of disaster. A roadmap formulated by the Ministry of Economy, Trade and Industry (METI) and the MLIT anticipates the start of business in the mid-2020s.

 

(*2) SkyDrive Press Release on agreement on basis for flying car type certification with MLIT

https://en.skydrive2020.com/archives/6379



(*3) SkyDrive Press Release on collaboration with JAMCO Corporation (Only available in Japanese)

https://skydrive2020.com/archives/9549



(*4) SkyDrive Press Release on collaboration with Toray Carbon Magic Co., Ltd.

https://en.skydrive2020.com/archives/6424



(*5) SkyDrive Press Release on collaboration with Electric Power Systems, Inc.

https://en.skydrive2020.com/archives/6429



About SkyDrive Inc.:

https://kyodonewsprwire.jp/attach/202209267185-O1-P01369p5.pdf



To learn about fundraising for the project, visit:

https://en.skydrive2020.com/archives/7416



For more information, visit:

https://en.skydrive2020.com/



Source: SkyDrive Inc.


--BERNAMA

[INVNT GROUP]™ EXPANDS GLOBAL BRANDSTORY PROJECT LAUNCHES HYPNOGRAM™ - THE CREATIVE MULTIMEDIA STUDIO



New York, NY, Sept 30 (Bernama-GLOBE NEWSWIRE) -- [INVNT GROUP] THE GLOBAL BRANDSTORY PROJECT™, expands experiential storytelling capabilities launching Hypnogram™, a creative global boutique and studio focused on multimedia experiences that span the physical and digital world.

Hypnogram supports brands and organizations by translating ideas and messages into unimagined experiential multi-sensory moments through motion design, tech/art installations, augmented reality, virtual reality, and mixed reality, across public and private spaces, including live shows and product launches, conferences and B2B events, festivals, public spaces, performance arts, hospitality, and the metaverse.

[INVNT GROUP] represents a growing portfolio of complementary disciplines designed to help forward thinking brands everywhere, impact the audiences that matter anywhere. The GROUP consists of modern brand strategy firm, Folk Hero; creative-led culture consultancy, Meaning; production studio & creative agency, HEVÄ’; events for colleges and universities, INVNT Higher Ed; digital innovation division, INVNT.ATOM; the original live brand storytelling agency, INVNT; and now, Hypnogram, the creative multimedia studio.

“Innovative storytelling is in our DNA. This multimedia studio led by CEO Pavel Popov, the visionary ex-managing partner at Radugadesign USA and Radugadesign China, deepens our global expansion strategy, augments our core capabilities, and offers clients end-to-end creative solutions that drive audience engagement through immersive, next-generation multimedia experiences and events,” said INVNT CEO and [INVNT GROUP] COO, Kristina McCoobery.

“We live in an amazing time when digital and physical world are blending. Multimedia designers across the globe are pushing the boundaries of visual art, transforming events and installations into unforgettable experiences and cultural landmarks. Our mission is to become an industry-leading agency in multimedia design. When we combine what hypnogram brings to the table with the incredible, diverse capabilities of [INVNT GROUP], we are able to create added value for our partners around the world”, said Pavel Popov, CEO of Hypnogram.

Hypnogram is based in the U.S., operates globally, and is actively developing the China market, recently launching two 3D billboard projects commissioned by Vivo, a multinational technology company, and of the one of the leading smartphone manufacturers in China.

Rooted at the nexus of experiential marketing, art/design and technological innovation, [INVNT GROUP]’s addition of Hypnogram enhances the group’s ability to imagine and fulfill creative, immersive, multimedia spectacles that change the relationship between brands and those who come into contact with them.  

Paul Blurton, Chief Creative Officer of [INVNT GROUP], who leads [INVNT GROUP] creative teams globally and across disciplines, will guide Hypnogram's growth, through a combination of new clients and projects, and integration with other businesses within The GROUP.

Paul adds, "Multimedia content, design and application is an essential component of the work we do for our clients; it has been a part of our world for years, and continues to play an ever-increasing role, as brands seek those unforgettable, visually stunning “wow moments” that communicate their story in previously unimagined ways. In Pavel, we have brought a trusted partner into the business, who brings with him an unrivalled global network of creators, artists, designers, animators, programmers and technicians that enable us to bring to life almost anything we can dream up. It’s a natural and additive extension of our commitment to being the best brand storytellers in the world.”

For more information on Hypnogram visit: http://hypnogram.com/

Attachment


Jhonathan Mendez de Leon
[INVNT GROUP]
jmendezdeleon@invnt.com

SOURCE : [INVNT GROUP]™

Thursday, 29 September 2022

GALLIUM SEMICONDUCTOR SHOWCASES NEW GAN TRANSISTOR PRODUCT PORTFOLIO

KUALA LUMPUR, Sept 28 (Bernama) -- Gallium Semiconductor, an innovative supplier of RF Gallium Nitride (GaN) semiconductor solutions, has unveiled its broad portfolio of RF Power Transistor products at the European Microwave Week 2022 Conference.

“Customers continue to demand RF power amplifiers that deliver high performance with high efficiency,” said Vice President of Networks for Gallium Semi, Michael Guyonnet in a statement.

“Our innovative GaN solutions provide breakthrough performance that customers require for their critical communication, radar and ISM applications.”

At the conference booth, Gallium Semi is showcasing a wide variety of GaN solutions for 5G infrastructure, aerospace and defence, public safety, and industrial, scientific, and medical (ISM) applications.

 Key product highlights include easy-to-use broadband and pre-matched GaN transistors in air cavity packages; and innovative dual path transistor solutions for 5G networks with excellent digital pre-distortion capability.

These products deliver optimal performance for output power, gain, efficiency, and bandwidth.

More details at www.galliumsemi.com.

-- BERNAMA

Wednesday, 28 September 2022

CLOUDFLARE UNVEILS FIRST ZERO TRUST SIM FOR MOBILE DEVICES

KUALA LUMPUR, Sept 27 (Bernama) -- Cloudflare Inc, the security, performance, and reliability company helping to build a better Internet, has announced the development of the Cloudflare Zero Trust SIM, the first solution that secures every packet of data leaving mobile devices.

“Effectively securing mobile devices is hard, and we have been working on this problem since we launched our WARP mobile app in 2019, now we plan on going even further,” said co-founder and chief executive officer of Cloudflare, Matthew Prince in a statement.

“With Cloudflare Zero Trust SIM we will offer the only complete solution to secure all of a device’s traffic, helping our customers plug this hole in their Zero Trust security posture.”

With the Zero Trust SIM that Cloudflare is developing, organisations will be able to quickly and securely connect employee devices to Cloudflare’s global network, directly integrate devices with Cloudflare’s Zero Trust platform, and protect their network and employees no matter where they are working from. 

Additionally, Cloudflare will launch Zero Trust for Mobile Operators, a new wireless carrier partner programme that will allow any carrier to seamlessly offer their own subscribers comprehensive mobile security tools by tapping into Cloudflare’s Zero Trust platform.

Cloudflare Zero Trust SIM will integrate seamlessly with Cloudflare's entire Zero Trust stack, allowing security policies to be enforced for all traffic leaving the device. 

With the Cloudflare Zero Trust SIM businesses will be able to secure every packet leaving employee devices; deploy at enterprise scale in minutes; integrate seamlessly with Cloudflare WARP; and, secure the Internet of Things.

Cloudflare also announced the Zero Trust for Mobile Operators programme as part of its efforts to help enterprises secure mobile devices. The wireless carrier partner programme aims to jointly solve the biggest security and performance challenges of mobile connectivity.

More details at www.cloudflare.com.

-- BERNAMA

IIJ ADDS "BROWSER ISOLATION" FUNCTION TO ITS ZERO-TRUST NETWORK ACCESS SERVICE "SAFOUS"

TOKYO, Sept. 28, 2022 /Kyodo JBN-Asianet/ --

- This New Function Offers Secure Access to Corporate Applications and External SaaS through Virtual Browser -
 
Internet Initiative Japan Inc. (hereinafter "IIJ," TSE Prime: 3774), one of Japan's leading Internet-access and comprehensive network solutions providers, announced the addition of a new remote browser isolation function, "Browser Isolation," to its zero-trust network access (ZTNA) (*) service, "Safous," which is mainly available for users in the U.S. and Asia, starting September 28.
 
The Safous platform is a zero-trust remote access service that provides application-level control over corporate applications and external "software as a service" (SaaS) access from a remote environment. This optional Browser Isolation function is Safous' proprietary, sandbox-based virtual browser that allows users to access applications and SaaS virtually, eliminating browser-based threats and providing more secure access.
 
"Kasm Technologies is honored to provide Kasm Workspaces remote browser isolation, our web-native secure remote access and DevOps-enabled container streaming technology, to Safous' Browser Isolation function. Browser Isolation is an industry-leading, cost-effective, and secure browser-based remote access solution," stated Justin Travis, Co-founder and CEO of Kasm Technologies.
 
(*) ZTNA is a zero-trust solution that provides seamless and secure remote access to internal applications. Instead of authenticating at the boundaries of the enterprise network, authentication is performed through a trusted broker system each time an application is accessed.
 
Background
More companies have started using SaaS in recent years, including powerhouses like Microsoft 365 and Google Workspace, due to the popularization of hybrid work. Unfortunately, these cloud-based systems are critical targets for attackers. In several reported cases, company networks are infected with malware and ransomware through a remote environment, causing a data breach and the suspension of business operations. Because the browser and network on the terminal side are not secure in remote environments -- and are potentially infected with malware already -- the need to access internal data from remote environments securely has become a more urgent issue for companies. To solve this problem, Safous' Browser Isolation function protects the terminal from browser-based threats and securely controls file manipulation when users access SaaS or corporate applications from a remote environment.
 
Features of Safous' Browser Isolation
One of the benefits of utilizing virtual browsers is that they defend corporate networks from risky websites. Browser Isolation provides a virtual browser that allows users to access business applications and external SaaS applications securely -- even if their PCs are vulnerable. This function also prohibits users from downloading and executing malicious files that come from email, eliminating the threat of intrusion through the Internet. Website content is streamed to user browsers, allowing them to access any web application safely. Companies also benefit from enhanced protection of sensitive data. Browser Isolation allows individual users to control file uploads and downloads centrally, and sensitive data is accessed through the virtual browser to prevent data breaches. Additionally, downloaded data and access history are deleted at the end of each session to ensure security.
 
Price and provided function:
https://kyodonewsprwire.jp/attach/202209206839-O1-a37D13xz.pdf
 
For more details, visit the Safous website: https://www.safous.com/
 
About IIJ
Founded in 1992, IIJ is one of Japan's leading Internet-access and comprehensive network solutions providers. IIJ and its group companies provide total network solutions that mainly cater to high-end corporate customers. IIJ's services include high-quality Internet connectivity services, system integration, cloud computing services, security services and mobile services. Moreover, IIJ has built one of the largest Internet backbone networks in Japan that is connected to the United States, the United Kingdom and Asia. IIJ was listed on the Prime Market of the Tokyo Stock Exchange in 2022.
 
For more information about IIJ, visit the official website:
https://www.iij.ad.jp/en/
 
The statements within this release contain forward-looking statements about IIJ's future plans that involve risk and uncertainty. These statements may differ materially from actual future events or results.
 
*All company, product and service names used in this press release are the trademarks or registered trademarks of their respective owners.
 
 
Source: Internet Initiative Japan Inc.  

http://mrem.bernama.com/viewsm.php?idm=44297

CLOUDFLARE NAMED WEB APPLICATION FIREWALLS LEADER BY RESEARCH FIRM



KUALA LUMPUR, Sept 28 (Bernama) -- Cloudflare Inc, the security, performance, and reliability company helping to build a better Internet, has been named by Forrester Research Inc as a Leader in The Forrester Wave™: Web Application Firewalls, Q3 2022 report.

Cloudflare’s Web Application Firewall (WAF) solutions received the highest possible score in 10 criteria including Innovation, Partner Ecosystem, Community, and more.

“Cloudflare’s WAF is trusted by millions of customers around the world to keep their websites and applications secure. That’s why we continue to innovate at such a relentless pace, to build the best platform for protecting APIs and application web traffic,” said Matthew Prince, co-founder and CEO of Cloudflare in a statement.

“We're proud to be recognised as a Leader in this space by Forrester and that more and more enterprises choose Cloudflare to fully protect their networks from the most sophisticated attacks.”

In The Forrester Wave™: Web Application Firewalls, Forrester notes: “Cloudflare Web Application Firewall shines in configuration and rule creation,” and that “Cloudflare stands out for its active online user community and its associated response time metrics.”

Cloudflare’s global network spans more than 275 cities in over 100 countries and processes on average over 36 million HTTP requests per second, giving Cloudflare unprecedented visibility into network patterns and attack vectors.

Cloudflare’s WAF uses these unprecedented insights to help ensure that hackers and vulnerability scanners can’t find or leverage vulnerabilities in web applications and APIs.

As a core component of Cloudflare's application security portfolio, customers of all sizes use Cloudflare’s powerful API Gateway to quickly discover APIs they weren’t aware of and easily secure them in just a few clicks.

For more information, visit www.cloudflare.com.

-- BERNAMA

BENTLEY SYSTEMS AND GENESYS INTERNATIONAL COLLABORATE TO PROVIDE 3D MAPPING CAPABILITIES FOR MAJOR CITIES ACROSS INDIA





Digital Twin of G South Ward located in Worli, Mumbai, India. Image courtesy of Genesys International.

Digital Twin of G South Ward located in Worli, Mumbai, India. Image courtesy of Genesys International.


Enables First-ever 3D City Infrastructure Digital Twin Solution in India

EXTON, Pa., & MUMBAI, India, Sept 28 (Bernama-BUSINESS WIRE) -- Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, and Genesys International, a pioneer in advanced mapping and geospatial content services, today announced that Genesys’ 3D City Digital Twin Solution for Urban India – the first city digital twin project launched by any Indian company – will be powered by OpenCities 365, Bentley’s infrastructure digital twin solution for cities and campuses. This massive mapping and surveying project has begun and will capture most of urban India.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220927006072/en/
 
Genesys previously partnered with Bentley to successfully pilot an earlier digital twin solution that enabled the smart inventory management of telecom infrastructure using Bentley’s OpenTower iQ software. The robust solution provided operators with accurate and up-to-date information on planning and installing 5G towers, which saved time as well as the cost of conducting labor-intensive tower inspections.

“The Genesys 3D City Digital Twin Solution for Urban India, powered by Bentley’s OpenCities 365, will enable us to create and curate city-scale digital twins that empower government and private entities across India to improve their execution, efficiency, and strategizing capabilities using the 3D data,” said Sajid Malik, chairman and managing director at Genesys International. “This extraordinary solution enables capturing the as-built assets from the field and bringing them to the office in a reality model. We are impressed with the technical capabilities of Bentley’s digital cities portfolio and see it as a key differentiator that will help proactively improve our existing digital capabilities through a continued partnership between Bentley and Genesys International.”

Once a 3D digital twin for each of the cities is ready, engineering and application data layers can be added based on an end-user’s requirements. These 3D city digital twins will enable local governments to improve public services, including urban governance, disaster management, emergency response, and tourism. Additionally, it will help governments deliver more resilient and sustainable environments for their citizens through enhanced urban development, optimized road, rail, utility, and water network upgrades, location-based services, and other smart city initiatives. On the private corporate front, processes followed in verticals such as telecommunications and broadband infrastructure, city gas distribution, e-commerce, construction, autonomous navigation, renewable energy and various other verticals will be served and modernized by these 3D digital twins. The openness of Bentley applications provides Genesys further benefit because the software can connect with other asset management systems, such as third-party geospatial information systems, to capture and read that data.

Kaushik Chakraborty, Bentley’s vice president, regional executive, Asia Pacific, said, “We are extremely happy to contribute to this massive mapping project of national importance with our technology and services. The 3D cities digital twin project will enable our public agencies, service providers, and citizens to deliver or avail services, plan and execute projects, make informed decisions, and improve their quality of life.”

Chakraborty added, “The initiative will also drive the adoption of digital technology in the infrastructure segment. The output from this project will serve as the foundation for initiatives that we can launch to sustain the economy and environment.”

##

About Bentley Systems

Bentley Systems (Nasdaq: BSY) is the infrastructure engineering software company. We provide innovative software to advance the world’s infrastructure – sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, mining, and industrial facilities. Our offerings include MicroStation-based applications for modeling and simulation, ProjectWise for project delivery, AssetWise for asset and network performance, Seequent’s leading geoprofessional software portfolio, and the iTwin platform for infrastructure digital twins. Bentley Systems employs more than 4,500 colleagues and generates annual revenues of approximately $1 billion in 186 countries.
www.bentley.com

About Genesys International

Genesys International Corporation Ltd. is an advanced mapping and geospatial content company. With a team of 2000+ professionals and three decades of rich geospatial experience, Genesys works with leading Big Tech, Utilities, Infrastructure, State and Local Governments including the United Nations.

Its Genesys Constellation is one of the most advanced sensor networks built for India aiding in the process of capturing and creating the Digital Twin of entire Urban India at high speeds and accuracy.

www.igenesys.com

© 2022 Bentley Systems, Incorporated. Bentley, the Bentley logo, AssetWise, iTwin, MicroStation, OpenCities, OpenCities 365, OpenTower, OpenTower iQ, ProjectWise, and Seequent are either registered or unregistered trademarks or service marks of Bentley Systems, Incorporated or one of its direct or indirect wholly owned subsidiaries.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20220927006072/en/

Contact

Press:
Pratvii Ponnappa
Vice President, Weber Shandwick
+91-98863 21381
PPonnappa@webershandwick.com
Follow us on Twitter:
@BentleyAsia

Genesys Press:
Kenn Gonsalves
73-A SDF III, SEEPZ, Andheri(E), Mumbai - 400096
+91-22-4488-4488
Kenn.Gonsalves@igenesys.com

Source : Bentley Systems

ARM ANNOUNCES NEW BOARD MEMBERS AND NEW CHIEF FINANCIAL OFFICER

News highlights

· New Directors Karen Dykstra and Jeff Sine join Arm’s Board of Directors
· Jason Child named new CFO 

CAMBRIDGE, England, Sept 27 (Bernama-BUSINESS WIRE) -- Arm today announced the appointment of new Board members Karen Dykstra, former Chief Financial and Administrative Officer of AOL and Jeff Sine, Co-Founder and Partner of Raine Group, effective immediately. These highly qualified leaders bring a diverse range of expertise to Arm as the company prepares for a potential public listing.

Arm Chief Executive Officer (CEO) Rene Haas said: “I extend a warm welcome to Karen and Jeff, both exceptional business leaders who will bring a depth and breadth of experience to the Arm Board.”

Arm also today announced the appointment of Jason Child as Chief Financial Officer (CFO). Child has more than 30 years of experience in leadership at high growth companies and scaling global finance functions. Child will join Arm on November 2, 2022 and lead the company’s global finance and IT organizations, reporting to Haas.

Haas added, “Jason is an experienced leader in global finance and technology. His extensive experience in financial management at public companies and IPO execution will be invaluable in preparation for a potential public listing. I look forward to working with him as part of the Arm leadership team as we continue to define the future of computing, built on Arm.”

Child will replace current CFO Inder Singh who will remain at Arm in an advisory role and assist in the transition through November before moving to a new opportunity.

Haas said, “I’d like to thank Inder for his contributions and leadership over these past few years. He has helped the company navigate many changes since joining in 2019, including building a strong organization with upgraded systems and processes in the finance, IT and cybersecurity teams. We wish him all the best moving forward.”

Child most recently served as senior vice president and CFO at Splunk from 2019. Prior to Splunk, Child held multiple CFO positions including at Groupon, which he helped to take public in 2011 and as CFO at Amazon International.

“Since its founding, Arm has had an incredible history of innovation and leadership in the semi-conductor industry,” said Child. “Arm is a world-class, category leader and I am thrilled to join as CFO during this exciting time for the company.”

About Karen Dykstra
Ms. Dykstra previously served as Chief Financial and Administrative Officer of AOL, a web portal and online service provider. Prior to AOL, she was a Partner at Plainfield Asset Management, and served as Chief Operating Officer and Chief Financial Officer of Plainfield Direct, Plainfield’s business development company. She previously spent over 25 years with Automatic Data Processing (ADP), a provider of human capital management solutions to employers, serving most recently as Chief Financial Officer. Ms. Dykstra is currently a director on the boards of VMware and Gartner, and has also served on the boards of Boston Properties, Crane and AOL.

About Jeff Sine
Mr. Sine is the Co-Founder and Partner of The Raine Group, a global merchant bank focused on technology, media and communications. Prior to founding Raine, he served as Vice Chairman and Global Head of Technology, Media & Telecom Investment Banking at UBS Investment Bank, was a Managing Director at Morgan Stanley and was an attorney at Sullivan & Cromwell in New York and London. Mr. Sine currently serves on the boards of many Raine portfolio companies and subsidiaries. He also serves on the boards of National Public Radio (NPR) (Vice-Chair), ITHAKA, Educational Testing Service (ETS) (Chair), American University and The Manhattan Theatre Club.

About Jason Child
Jason Child’s career spans 30 years across all aspects of global finance and strategy, accounting, capital markets/treasury, IPO execution and investor relations. He has extensive experience in scaling disruptive technologies within enterprise software/SaaS, e-commerce, local commerce, consumer hardware/IOT, and online residential real estate. He most recently served as senior vice-president and CFO at Splunk, a technology company specializing in application management, security and compliance, as well as business and web analytics. Before his executive leadership roles, Jason spent more than 11 years leading various global finance teams at Amazon, and served as CFO of Amazon International. Jason has served as a member of the board of directors of Coupang, Inc., an e-commerce company, since April 2022. He holds B.A. from the Foster School of Business at the University of Washington, where he currently serves on the Global Advisory Board.

About Arm
Arm technology is defining the future of computing. Our energy-efficient processor designs and software platforms have enabled advanced computing in more than 230 billion chips and our technologies securely power products from the sensor to the smartphone and the supercomputer. Together with 1,000+ technology partners, we are enabling artificial intelligence to work everywhere, and in cybersecurity, we are delivering the foundation for trust in the digital world – from chip to cloud. The future is being built on Arm.

All information is provided "as is" and without warranty or representation. This document may be shared freely, attributed and unmodified. Arm is a registered trademark of Arm Limited (or its subsidiaries). All brands or product names are the property of their respective holders. © 1995-2022 Arm Group.

 
View source version on businesswire.com: https://www.businesswire.com/news/home/20220926005775/en/


Contact

Media
Arm External Communications
Eliza Walsh
Global-PRteam@arm.com

Investor Relations
Arm IR
Ian Thornton
ian.thornton@arm.com

Source : Arm

--BERNAMA

Tuesday, 27 September 2022

Abaxx’s SmarterMarkets™ podcast surpasses one million downloads

KUALA LUMPUR, Sept 26 (Bernama) -- Abaxx Technologies Inc (Abaxx or the Company), a financial software company, majority shareholder of Abaxx Singapore Pte Ltd, the Abaxx Commodity Exchange (ACX), announced SmarterMarkets™ has surpassed one million downloads.

SmarterMarkets™ is the company’s media platform producing a weekly podcast focused on redesigning markets and technology to better serve society.

“We wanted an informational and educational podcast to open-source problems and crowdsource solutions with people immersed in the issues,” said Abaxx Chief Executive Officer, Josh Crumb in a statement.

“It's our playlist and reading list we share with other people and companies thinking about, and working to solve, similar problems as Abaxx. The feedback and inbound comms from our prospective Exchange clients and partners have exceeded our expectations.”

The podcast is a forum for professionals who believe in the critical role of markets in society and the global economy.

As Abaxx is in the business of developing infrastructure and tools for risk management supporting the energy transition, the media platform is instrumental inrevealing problems and challenges faced by market participants.

SmarterMarkets™ views the world as a network of three interconnected systems: Commodities + Energy Resources, Technology, and Social Systems including climate.

SmarterMarkets™ initiates conversations where energy and mining executives can better understand tech, tech executives can better understand commodity and financial markets and climate activists can discover market-based dimensions to shared issues.

In addition to a refreshed website, the platform is being restructured for future functionality enabled by Abaxx’s ID++ identity and messaging applications.

-- BERNAMA

UPGRAD NAMES SRIKANTH IYENGAR AS CEO - WORKFORCE DEVELOPMENT FOR NORTH AMERICA & EUROPE





ATLANTA, Sept 27 (Bernama-BUSINESS WIRE) -- upGrad, Asia's largest higher edtech company, has made another senior appointment to its leadership team - with the hiring of Srikanth Iyengar who joins as the CEO - Workforce Development, effective September 2022.

Srikanth has over 2 decades of work experience spanning North America and Europe. In his previous profiles, he led large multinational businesses across diverse industries like tech services and learning/talent upskilling, consistently driving revenue growth and profitability across a portfolio of 2000 global clients across North America, Europe, and APAC regions. In addition, he is a passionate advocate of diversity and inclusion in the workplace and has championed various initiatives around technology-led business transformation, IT solutions, FMCG, and Skills and Training Development for driving strong brand recognition and financial growth, at large.

In his current role, Srikanth will build and scale a B2B proposition that upskills experienced technology professionals. With this offering, upGrad is well placed to address a significant and growing technology skills gap in the global marketplace, by delivering a world-class proposition. It will also be responsible for leveraging the company's unparalleled width of technology curriculums, significantly large alumni community, and proven expertise in delivering tangible learning outcomes. Srikanth's efforts will be instrumental in setting up a robust ‘Diversity and Inclusion (DnI)’ framework to allow businesses to build a future-ready and productive workforce.

Welcoming Srikanth in his new role, Mayank Kumar, Co-founder & MD, upGrad said, “We continue to strengthen our focus on the global enterprise segment in pursuit of predictable, profitable, and sustainable growth. With Srikanth joining our leadership team, we look at leveraging his sharp business acumen and multi-cultural intellect to further sharpen our client focus, strengthen our operational excellence and global presence, and also enhance sales leadership for continued growth.”

“The results of the Conference Board 2022 global CEO survey show that a shortage of skills, especially technology skills, is one of the biggest short and medium-term challenges facing global corporations today. We are confident that upGrad’s Workforce Development proposition will help our clients address this problem in a scalable and holistic manner. The workforce development approach is critical for businesses to follow as it would not just upskill but also build employees' resilience to empower organisations and corporates with the tools needed to adapt to the future job markets. Over the last few months, I have developed much respect for upGrad founders and the leadership team as a result of their strategic clarity and relentless, disciplined approach to growth and market leadership. I am really excited to be joining such a high-performing team and to help build a truly special organisation going forward,” concluded Srikanth Iyengar, CEO - Workforce Development.

With a strong focus on the US, Europe, and select western markets, Srikanth will continue to work from London, United Kingdom. upGrad is an integrated LifeLongLearning tech company that offers online higher education programs to everyone within the age bracket of 18-55 years and boasts a program completion record of 85% through its high engagement curriculum, also backed by a further 80%+ career outcomes-guaranteed performance. In a most recent development, the global edtech player has closed its 6th key acquisition of CY2022 to further strengthen its enterprise (B2B) business portfolio in India and beyond.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20220926005320/en/

Contact

Neha Prasad | neha.prasad@upgrad.com | 9546938838

Source : upGrad

LEDDARTECH SELECTED AMONG CANADA'S TOP GROWING COMPANIES FOR 2022



KUALA LUMPUR, Sept 27 (Bernama) -- LeddarTech®, a global leader in providing the most flexible, robust and accurate ADAS and AD sensing technology, has announced its recognition among Canada’s Top Growing Companies for 2022 by the Globe and Mail’s Report on Business.

According to a statement, LeddarTech ranked 280 out of 430 eligible companies.

“LeddarTech is very honoured to be named by the Globe and Mail’s Report on Business as one of Canada’s Top Growing Companies,” said LeddarTech Chief Executive Officer, Charles Boulanger.

“On behalf of the management team, Board of Directors and our employees, I express our collective appreciation for this recognition. We remain motivated to continue our mission to become the most deployed sensor fusion and perception software solution that enables ADAS and AD applications.”

The Canada’s Top Growing Companies list ranks Canadian companies on three-year revenue growth.

LeddarTech thus, continues to be recognised for its market-leading technology and business practices and, most recently, received two awards for its LeddarVision™ sensor fusion and perception software solution.

Canada’s Top Growing Companies is an editorial ranking launched in 2019. It aims to celebrate the boldest entrepreneurial achievement by identifying and bringing the accomplishments of innovative businesses in Canada to the forefront.

In order to qualify for this voluntary programme, companies had to complete an in-depth application process and fulfill requirements. In total, 430 companies earned a spot on this year’s ranking.

More details at www.leddartech.com.

-- BERNAMA

HYTERA LAUNCHES NEW GENERATION COMPACT DMR REPEATER HR65X





Hytera Launches New Generation Compact DMR Repeater HR65X (Photo: Business Wire)

Hytera Launches New Generation Compact DMR Repeater HR65X (Photo: Business Wire)



Flexible to deploy and easy to network, Hytera HR65X Compact DMR Repeater allows businesses to set up reliable two-way radio coverage at a designated venue with the least space and most usability.


SHENZHEN, China, Sept 27 (Bernama-BUSINESS WIRE) -- Hytera Communications (SZSE: 002583), a leading global provider of professional communications technologies and solutions, has recently added another member to its Digital Mobile Radio (DMR) portfolio by releasing HR65X Compact DMR Repeater. As Hytera’s second repeater following the debut of Hytera’s new generation DMR, H Series, in 2021, HR65X is designed to offer an agile way to establish, expand or enhance the coverage of a two-way radio system.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220926005368/en/
 
Compact and lightweight, HR65X can be flexibly mounted to the wall or carried around in a backpack with tailored accessories. With the minimum requirement for on-site installation conditions, HR65X allows the communication connection anywhere it’s needed; the repeater is available in two versions: 25W high power version with an attached fan and 10W low power without a fan.

From the single-site DMR conventional system for low-rise buildings to IP multi-site system for high-rise buildings, HR65X delivers powerful and stable signals to every corner of the venue. It weighs only about 2kg and can be carried on the back easily. When it is airborne with a professional drone, HR65X becomes an emergency coverage solution. It can interconnect with other repeater models from Hytera and form a tailored network to meet different requirements.

Designed to operate with AC power or an optional battery, HR65X keeps working in the event of a power outage. When it connects to the AC power supply, the battery works as a backup. In case of an outage, the 12.5Ah battery is ready to support up to 9 hours of 10W operation and up to 4 hours of 25W operation. This power backup solution reduces the capital investment and maintenance manpower for adding UPS power equipment.

HR65X operates in analog mode, DMR mode, or dynamic mixed digital/analog mode, which can ensure that the existing analog radios continue to be connected to the new DMR network and thus protect customers’ previous investment to the greatest extent. Thanks to the Extended Network Management System (XNMS), users can remotely update the configuration of HR65X in minutes and monitor the operation status and alarms in real time which dramatically reduces the time and resources to maintain repeaters in different sites.

For more information about Hytera HR65X compact DMR repeater, please visit: https://www.hytera.com/en-products/digital-radio/dmr-system/hr65x/

About Hytera

Hytera Communications Corporation Limited (SZSE: 002583) is a leading global provider of professional communications technologies and solutions. With voice, video and data capabilities, we provide faster, safer, and more versatile connectivity for business and mission critical users. We make the world more efficient and safer by enabling our customers to achieve more in both daily operations and emergency response. Learn more at https://www.hytera.com/en/home.html.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20220926005368/en/

Contact

lele.yao@hytera.com

Source : Hytera Communications Corporation Limited

Friday, 23 September 2022

Napier announces Greg Watson helms as CEO

 

Greg Wilson takes the helm as Napier CEO (Photo: Business Wire)

KUALA LUMPUR, Sept 21 (Bernama) -- Napier has announced that its current Chief Operations Officer Greg Watson, is to take the helm as Chief Executive Officer (CEO) with immediate effect, as former CEO Julian Dixon moves into a full-time role as Founder and Board Member.

Watson’s tenure at Napier as well his wealth of experience in operational management and business strategy, gained at the likes of Fenergo, HSBC and UBS, makes him the ideal choice to lead Napier into its next phase of growth, building on the past several successful years of rapid expansion for the flourishing company.

“Greg’s an outstanding candidate for the position. His experience and understanding of our products and clients is exemplary, as is his commitment to making Napier the pre-eminent provider of AI-enhanced financial crime risk management software.

“I’m looking forward to seeing him take the company from strength to strength,” said Dixon in a statement.

Meanwhile, Watson said: “I am proud to be taking the mantle from Julian. Since founding Napier in 2015, Julian has built a world-class tech company from the ground up, steering it through a period of exceptional and rapid growth into the leading financial crime risk management business that it is. 

“Filling Julian’s boots will be no easy task, but this change is very much about evolution, rather than revolution. My job now is to take Napier to even greater heights, as we continue to innovate and to deliver increasingly higher levels of customer satisfaction.”

Following a period of aggressive expansion, Napier has presence in key financial hubs across the globe including North America, UK, Europe and APAC.

Napier is a global end-to-end intelligent compliance platform and provider of advanced financial crime risk management solutions.

-- BERNAMA

NEW FORM OF MONEY NEEDED SAYS MONETARY AUTHORITY OF SINGAPORE AT GFF 2022



KUALA LUMPUR, Sept 23 (Bernama) -- In the new architecture of Web 3.0, asset transfers are not only done traditionally, therefore we need a new form of money that transacts on a distributed ledger, according to Chief Fintech Officer, Monetary Authority of Singapore, Sopnendu Mohanty.

“Therefore today, the central bank needs to come up with a new form of money - a legal tender that excludes private currencies, as it doesn't act like a payment instrument,” said Mohanty speaking at Global Fintech Fest (GFF) 2022, at a fireside chat with Smita Aggarwal, Global Investments Advisor of Flourish Ventures.

GFF 2022 was organised and presented by the Department of Economic Affairs, Ministry of Finance, Government of India, Reserve Bank of India, International Financial Services Centres Authority (IFSCA), National Payments Council of India, the Payments Council of India (PCI) and the Fintech Convergence Council (FCC).

According to a statement, it was held between Sept 20 and 22, 2022 at the Jio World Convention Centre in Mumbai. Pre-event festivities began virtually on Sept 19, 2022.

“Under the new architecture, tokenisation will enable both asset ownership and transfer of value to happen in real-time,” said Mohanty.

“The new form of money will lead to massive disintermediation whereby the connectivity between the central banks of different nations will not just bring down the cost of cross-border transfers but will also enable one to seamlessly use his local UPI anywhere in the world.

“We have successfully connected the UPI equivalent network of Singapore known as PayNow, with Thailand’s PromPay, to facilitate seamless cross-border transfers.

“We are now planning to connect to India by end of this year, and also in Malaysia, which will bring about a significant drop in the cost of cross-border transfers,” he added.

According to Mohanty, ‘wholesale CBDC’ will not just make cross-border transfers more efficient and cost-effective but will also address challenges pertaining to regulations, processes and compliances.

Special Partners of GFF 2022 are World Bank Group, United Nations Capital Development Fund, BIS Innovation Hub, KNOMAD, Better Than Cash Alliance and International Finance Corporation (IFC).

-- BERNAMA

Thursday, 22 September 2022

Digital commerce transaction value reaches US$20 trillion by 2027 -Juniper Research

KUALA LUMPUR, Sept 21 (Bernama) -- The total value of digital commerce transactions globally will exceed US$20 trillion by 2027, from US$12.3 trillion in 2022, according to a new study from Juniper Research. (US$1 = RM4.564)

It predicts growth will be driven by increasing acceptance of digital payment methods and technologies that enable digital payments during the checkout procedure, such as Near-field Communication (NFC) payments.

According to a statement, the research anticipates mobile NFC payments will experience the strongest growth in the digital commerce market, with 176 per cent growth in transaction value forecast between 2022 and 2027 globally.

It predicts increasing consumer desire for frictionless payment methods will drive NFC transactions by eliminating the need for consumers to carry a payment card in addition to their mobile device.

The report urges NFC payment vendors to implement solutions that eliminate any unnecessary steps in the payment process.

It also recommends supporting devices that enable biometric identification for payment authentication to reduce the risk of payment fraud in the payment process.

Additionally, the research predicts online shopping will drive digital commerce growth, with the value of eCommerce transactions expected to grow by 82 per cent globally between 2022 and 2027.

Remote purchases of physical goods will experience the strongest growth: 106 per cent in the value of transactions globally during the five-year period.

Juniper Research provides research and analytical services to the global hi-tech communications sector; providing consultancy, analyst reports, and industry commentary.

-- BERNAMA

CLOUDFLARE UNVEILS DATA LOCALIZATION SUITE IN ASIA



KUALA LUMPUR, Sept 22 (Bernama) -- Cloudflare Inc, the security, performance, and reliability company helping to build a better Internet, has announced that Cloudflare’s Data Localization Suite (DLS) is now available in three new countries in the Asia Pacific region namely Australia, India, and Japan.

The DLS will help businesses based in these countries, as well as global companies who do business in these countries, to comply with their data localisation obligations by using Cloudflare to easily set rules and controls on where their domestic data goes and who has access to it.

This ultimately allows any business with customers in these countries to service their data locally while benefiting from the speed, security, and scalability of Cloudflare’s global network

With the DLS, businesses of any size or industry can now use Cloudflare to get more choice and control over how to meet their data locality needs, without sacrificing security or performance, according to a statement.

“By expanding our Data Localization Suite to our customers in Australia, India, and Japan, we're ensuring data locality doesn't have to come at the expense of the speed, security, and privacy users expect and deserve online,” said Cloudflare co-founder and chief executive officer, Matthew Prince.

Now, businesses in Australia, India, and Japan can use Cloudflare’s DLS to control where traffic is serviced; build and deploy serverless code, with regional control; and align with global and regional security certifications, among others.

DLS has supported Cloudflare customers in alignment with European localisation requirements and regulations since 2020.

Today, Cloudflare’s global network spans more than 275 cities in over 100 countries including more than 100 points of presence across Asia Pacific to bring its security, performance, and reliability solutions to as close to its regional customers as possible.

More details at www.cloudflare.com.

-- BERNAMA

INDIA'S APRECOMM PARTNERS TDS TO DISTRIBUTE NETWORK INTELLIGENCE TECHNOLOGY




KUALA LUMPUR, Sept 22 (Bernama) -- Aprecomm, India’s leading network intelligence company, has announced its partnership with Singapore-based Technology Distribution Specialists (TDS) for distribution of its Network Intelligence technology.

As a part of the deal, TDS will be empanelled as one of Aprecomm's official distributor partners. TDS will now be authorised to circulate Aprecomm network intelligence solutions for the communication industry across Asia Pacific region.

With this engagement, Aprecomm will be tapping the user base across South-East Asia and Australia-New Zealand regions. Aprecomm AI-enabled products will be revolutionising network delivery by network service providers including fibre networks, home WiFi and enterprise WiFi networks.

In a statement, Aprecomm CEO, Pramod Babu said, "We are looking to rapidly increase our global presence and assist service providers in providing Quality Internet services to end customers.

“We are thrilled to partner with TDS to aggressively expand in South East Asia and Australia New Zealand (ANZ) regions."

Meanwhile, Sergio Ferreira, Director of Technology Distribution Specialists (TDS), said they were happy to onboard Aprecomm into the TDS product portfolio, adding Aprecomm network intelligence services would offer customers a useful solution in the Wi-Fi, ISP, and TSP spaces.

“Aprecomm fully embodies the TDS philosophy of producing and supporting high-tech products that meet the unique needs of our customers in SEA and APAC.”

With this agreement, Aprecomm will be achieving wider penetration across APAC. TDS will be distributing Aprecomm Virtual Wireless Expert, a quality of experience software among its network of ISPs and channel partners, enabling users from various geographies across APAC region to enjoy enhanced internet experience.

Aprecomm is an industry game-changer with an Artificial Intelligence (AI) - enabled Software Stack to understand Customer Wi-Fi Experience.

-- BERNAMA

BEST'S MARKET SEGMENT REPORT: SOUTH AND SOUTHEAST ASIAN REINSURERS IMPROVE UNDERWRITING PERFORMANCE, BUT CHALLENGES REMAIN

SINGAPORE, Sept 20 (Bernama-BUSINESS WIRE) -- AM Best notes that reinsurance companies in South and Southeast Asia (S/SEA) posted an improved combined ratio in 2021, although underwriting performance remains pressured with a continued reliance on investments to achieve bottom-line profitability.

The new Best’s Market Segment Report, “Meeting Cost of Capital Elusive for South and Southeast Asian Reinsurers Despite Improved Underwriting Performance,” is part of AM Best’s month-long look at the global reinsurance industry ahead of Rendez-Vous de Septembre in Monte Carlo. According to the report, S/SEA reinsurers recorded an overall combined ratio of 108% in 2021, a five-percentage-point improvement from the recent high in 2019. Despite the improvement in technical performance, AM Best notes that overall return on equity declined to 3.4% in 2021 due to low investment yields amid a prolonged low interest rate environment in most S/SEA markets.

“Although investment returns are expected to increase over the near term alongside a recovery in interest rates, rising inflation in the region is likely to pose challenges in meeting the cost of capital prospectively,” said Kanika Thukral, senior financial analyst, AM Best.

AM Best still expects the segment to see stable growth, supported by the expansion of primary insurance markets with economic recovery and increased insurance penetration. Along with local and regional reinsurers, international reinsurance players have supported the development of S/SEA reinsurance markets as they consider the region to be to be instrumental to their growth and portfolio diversification strategies. In particular, international reinsurers remain crucial to supporting large property, engineering and marine risks.

The report notes that reinsurers in the region have approached 2022 renewals with a focus on achieving technical profitability, due to the expectations of a challenging investment landscape and an inflationary environment. Retrocession price hardening trend continued for loss-hit accounts; however, S/SEA reinsurers have not significantly amended their retrocession strategies and continue to rely on traditional forms of retrocession, despite increasing costs. Instead, market players have sought to focus on prudent exposure management while maintaining or moderately increasing retention levels in view of these retrocession conditions.

Wednesday, 21 September 2022

IC MARKETS UNVEILS NEW CAMPAIGN TO HELP TRADERS TO REACH NEW HEIGHTS



SYDNEY, Sept 21 (Bernama-BUSINESS WIRE) -- IC Markets, one of the world’s largest Forex CFD brokers has unveiled its new global marketing campaign in front of an audience of thousands of rugby fans at the Rugby World Cup Sevens tournament held at the DHL Stadium Cape Town, South Africa last week.

The advertisement will air in 10 countries over the next few months and was created by South African creative agency and filmmaker Silver Bullet Films. The advert plays on the renewed interest in the 1986 movie Top Gun, following the release of the sequel Top Gun: Maverick, and encourages traders to ‘trade up’ and experience the superior benefits of IC Markets.

Commenting on the campaign IC Markets CEO Andrew Budzinski said, "Top Gun is an iconic film and is fundamentally about using skill and the right tools to harness potential and to achieve goals. We know our traders come to IC Markets because they are drawn to the features and benefits we offer that will help take their trading to the next level.”

Filmed outside Johannesburg by award winning Executive Creative Director Wayne de Lange, the new advertising campaign is IC Markets first major TV campaign since 2021

IC Markets operates in 200 countries around the world. Its +200,000 active traders take advantage of IC Markets’ competitive pricing, low spreads and ultra-fast institutional grade trading, totaling USD$1.11 trillion in volume traded (March 2022).

IC Markets chose the South African capital to film the advert, in recognition of its success in this market since launching in 2020. The decision to support the South African film industry also follows IC Market’s recent sponsorship of the Rugby World Cup Sevens held in Cape Town.

To view the new adverts:
About IC Markets

Built by traders for traders, IC Markets is the world’s largest Forex CFD broker dedicated to offering exemptional trading conditions and world class 24/7 service to clients in over 200 countries around the world.

Since its launch in 2007, IC Markets has bridged the gap between retail and institutional clients, by offering a trading solution previously only available to investment banks and high net worth individuals.

As a result, IC Markets is the destination of choice for active traders worldwide who are seeking a trading environment that supports them to become a more confident and capable traders, delivering intuitive trading platforms with value-added tools and support for all trading strategies and styles.

IC Markets is dedicated to innovation, constant improvement, and utilising cutting edge technology for the benefit for our clients.

For more information click here.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20220919005908/en/

Contact

For more information:
Holly Clark
holly@bluechipcommunication.com.au
t: (+61) 452 069 936

Source : IC Markets

Tuesday, 20 September 2022

CSOP announces listing of CSOP FTSE Vietnam 30 ETF (3004.HK) on HKEX

CSOP FTSE Vietnam 30 ETF (3004.HK) (Graphic: Business Wire)

KUALA LUMPUR, Sept 20 (Bernama) -- CSOP Asset Management Limited (CSOP) has announced the listing of CSOP FTSE Vietnam 30 ETF (3004.HK) on the Hong Kong Stock Exchange (HKEX).

“Leveraging on our time-tested ETF management expertise, CSOP is confident to introduce this Vietnam-themed ETF product, focusing on access to the frontier market, to Hong Kong investors,” said Chief Executive Officer of CSOP, Ding Chen in a statement.

“We look forward to bringing more new concept ETFs to Asia, the fast-growing ETF market, with various cost-effective options for investors to diversify their portfolios.”

3004.HK will adopt a combination of physical and synthetic representative sampling strategy, investing up to 100 per cent of its net asset value in a representative portfolio of securities that collectively has a high correlation with FTSE Vietnam 30 Index, to achieve its investment objective.

With listing price at around HKD 7.8 per unit, trading lot of 100 shares and annual management fee of 0.99 per cent, 3004.HK begins trading on Sept 20, 2022. Upon inception, 3004.HK has received around US$6.5 million initial investment. (US$1 = RM4.547)

The FTSE Vietnam 30 Index comprises the largest 30 Vietnam companies by full market capitalisation that are traded on Ho Chi Minh Stock Exchange.

It comprehensively covers sectors including real estate, consumer stables, industrials and financials, which can capture the essence of Vietnam economy while reducing volatility.

The index is free-float adjusted and liquidity screened, with the maximum weight of constituents of the Index capped at 10 per cent. FTSE Vietnam 30 Index achieved a positive return of 19 per cent in 2020, doubled to 38 per cent in 2021.

-- BERNAMA

PERSEFONI DECLARES SINGAPORE EXPANSION WITH NEWEST ENTITY



KUALA LUMPUR, Sept 20 (Bernama) -- Persefoni, a leading provider of carbon management and accounting platform (CMAP) for enterprises and financial institutions, has announced its newest entity, Persefoni Singapore Pte Ltd.

According to a statement, this signifies a firm step towards establishing Persefoni as a category leader in Asia Pacific.

“Singapore has established itself as the region’s climate hub and has committed policies and resources to make meaningful progress towards fighting climate change. We’re extremely excited to expand Persefoni’s global presence here and build a strong foothold for Asia Pacific.

“Together with our partners, such as Bain & Company, we look forward to bringing the most cutting edge climate disclosure and carbon management technology to customers in Singapore and beyond,” said Chief Executive Officer and Co-Founder of Persefoni, Kentaro Kawamori.

Persefoni Singapore will operate out of Bain & Company’s Global Sustainability Innovation Center (GSIC) located in Singapore where both firms will collaborate to provide market-leading carbon accounting solutions and serve the Asia Pacific region from this launchpad.

While founded in the US, Persefoni has a global team of over 300 with strong footholds in the UK and Japan.

In 2021, Persefoni raised the largest funding round in climate-tech SaaS history. The company has since established itself as a global leader in carbon management and accounting, with notable customers and partners across North America, EMEA, and Asia.

Earlier this year, Persefoni was identified as a Leader in The Forrester New Wave™: Sustainability Management Software, Q1 2022.

-- BERNAMA

MADISON REALTY CAPITAL GIVES LOAN FOR FOUR SEASONS HOTEL AND RESIDENCES, NEW ORLEANS



KUALA LUMPUR, Sept 20 (Bernama) -- Madison Realty Capital, a vertically integrated real estate private equity firm, has announced providing a US$315.6 million loan to Carpenter & Company Inc and Woodward Interests LLC for the completion of renovation at the Four Seasons Hotel and Residences New Orleans located at 2 Canal Street in New Orleans, Louisiana. (US$1 = RM4.547)

Josh Zegen, Managing Principal and Co-Founder of Madison Realty Capital said: “The Four Seasons New Orleans is well positioned along the Mississippi River, between the French Quarter and Central Business Districts, to capitalise on the demand from New Orleans’ robust tourism market and expanding business district.

“We are pleased to leverage our familiarity with the Four Seasons brand to deliver a timely and customised financing solution to an experienced borrower group for a well-recognised New Orleans landmark with exciting cultural attractions.”

According to a statement, the 341-key Four Seasons hotel opened in July 2021 and is part of a mixed-use tower that includes 92 residential condominiums on the top floors.

Operated by the Four Seasons, the residences have a private entrance from the hotel and offer one to three-bedroom units and four-bedroom penthouses. To date, the property has sold 50 per cent of the condominiums.

The highly awarded hotel was named a “Best Hotel in New Orleans” and one of the “Best New Hotels in the World” by Travel + Leisure; a “Best of the Best” New Hotels in the World by Robb Report; and a “Best New Hotel in the Country” by USA TODAY 10Best.

Additionally, the building is home to Vue Orleans, a unique indoor and outdoor observatory with panoramic views of the city and historic and cultural exhibits.

Madison Realty Capital has significant experience investing in Four Seasons Hotels including a US$210 million loan to Fort Partners for the construction of the Four Seasons Hotel and Private Residences Fort Lauderdale.

More details at www.madisonrealtycapital.com.

-- BERNAMA

RETAIL AI UNVEILS JOINT PROJECT WITH TOSHIBA TEC



KUALA LUMPUR, Sept 19 (Bernama) -- Retail AI Inc, a Japanese retail-tech company based in Tokyo, and Toshiba Tec have launched a joint project aiming to "create a new era of shopping experience and revolutionising retail operations."

Retail AI has been pioneering the Japanese retail market’s digital transformation since 2018 through its ”Smart Store Technology®︎”, which combines experience in physical brick & mortar stores with the latest artificial intelligence (AI) technology. 

According to a statement, the Smart Shopping Cart is Retail AI’s premier solution, which allows shoppers to complete their shopping experience with a smooth self-checkout.

Through the integration of the Smart Shopping Cart with Toshiba’s ELERA, a unified commerce platform with modular microservices, both companies aim to deliver increased convenience for shoppers and more efficient operations for retailers.

Retail AI’s Smart Shopping Cart is an in-store shopping cart, which currently has 9,115 units installed and was used by 1.8 million customers of all age groups during the month of August 2022.

Meanwhile, the ELERA™ unified cloud commerce platform and suite of solutions accelerate digital transformation, empowering retailers to remove boundaries between physical and digital stores.

More details at https://www.retail-ai.jp/en

-- BERNAMA

TDCX kicks-off 3-day inaugural Transformative CX Talks event

KUALA LUMPUR, Sept 20 (Bernama) -- TDCX, an award-winning digital customer experience solutions provider for innovative technology and other blue-chip companies, has kicked-off its inaugural Transformative CX Talks event.

The three-day event brings together customer experience (CX) leaders from various industries to share insights on how global trends are impacting CX and the ways in which they are refining their strategies to drive customer satisfaction.

Fuelled by the acceleration of digital trends, there is greater expectation among end-users for a digital-first and digital-fast experience.

According to a statement, research found that in 2021, customer experience professionals had entered challenging terrain, with almost 90 per cent of leaders reporting that customer expectations have increased to an all-time high.

Noting that TDCX was at an exciting point in the customer experience industry, Ricart Valvekens, Chief Client Solutions Officer, TDCX, said: “With more activities being done online, CX becomes the main, and sometimes the sole, channel for end-users to connect with and to experience a brand.

“Thus, the benefits to getting that customer interaction right are multifold.”

The Transformative CX Talks sessions will feature CX leaders from a wide range of industries, including technology, home-sharing and travel, digital advertising and social media.

Singapore-headquartered TDCX employs more than 17,000 employees across 26 campuses globally, specifically Singapore, Malaysia, Thailand, the Philippines, Mainland China, Hong Kong, South Korea, Japan, India, Romania, Spain and Colombia.

For more information, visit www.tdcx.com.

-- BERNAMA

Monday, 19 September 2022

NIKKISO CLEAN ENERGY AND INDUSTRIAL GASES GROUP NAMES ADRIAN RIDGE EXECUTIVE VP



KUALA LUMPUR, Sept 19 (Bernama) -- Nikkiso Cryogenic Industries’ Clean Energy & Industrial Gases Group (Group), a part of the Nikkiso Co Ltd (Japan) group of companies, announced that Adrian Ridge has been named Executive Vice President, Operations & Manufacturing.

Chief Executive Officer of Nikkiso CE&IG, Peter Wagner said: “Adrian is passionate about developing operations that deliver a ‘superior customer experience’.

“He is looking forward to joining CE&IG’s mission ‘to provide innovative equipment, technologies and services through our global group of companies to help our customers make a difference!’”

Ridge is a seasoned international executive with 30 years of experience with Atlas Copco in various leadership roles ranging from Service Management, Product Marketing Management, General Management and Global President of both Service and Prime equipment divisions.

Having global responsibility for more than 20 years and being based in the UK, Ireland, Japan, Spain and Belgium, he brings a deep understanding of the challenges the Group will face as they continue to grow their international footprint, according to a statement.

In this role, Ridge will lead global operations, directing the Group’s Functional Unit Presidents and General Managers to further develop and enhance their global manufacturing strategy and operational excellence management system.

He will also focus on the customer experience, supply chain management, quality assurance and support of the Group’s global initiatives.

Ridge will be based in Belgium and travel extensively to the Group’s key global operating locations.

With this addition, Nikkiso continues their commitment to be both a global and local presence for their customers.

-- BERNAMA


INVESTOPIA AND SALT ANNOUNCE NEW STRATEGIC PARTNERSHIP





Photo during the signing of the MoU at SALT New York (photo: AETOSWire)

Photo during the signing of the MoU at SALT New York (photo: AETOSWire)


NEW YORK, Sept 19 (Bernama-BUSINESS WIRE) -- Investopia, the global investment platform launched by the UAE Government in September 2021, announced new strategic partnership with SALT, a premier global thought leadership forum, at SALT New York 2022. The parties signed a Memorandum of Understanding outlining collaboration on a joint event to take place in 2023 in the UAE.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220915005606/en/
 
The agreement was signed by Mohamed Naser Al Zaabi, CEO of Investopia, and Mr. Anthony Scaramucci, Chairman of SALT, in the presence of H.E. Abdulla Bin Touq Al Marri, UAE Minister of Economy and Chairman of Investopia, and H.E. Mohamed Ali Al Shorafa, Chairman of ADDED.

“Investopia’s main objective is to create a global ecosystem for investment,” said Minister Bin Touq Al Marri. “Through this partnership, Investopia and SALT will collaborate to bring together investors and business leaders from all over the world to discuss trends shaping the future of investment and identify investment opportunities in sectors that will define the economy in years to come.”

As strategic partners, SALT and Investopia will work together to organize a prestigious, invitation-only conference featuring the world’s leading investors, entrepreneurs and policy experts. The event will mark Investopia’s second annual conference and SALT’s second Middle East edition, following the success of SALT Abu Dhabi 2019. “We are thrilled to bring SALT back to the UAE, which is an important crossroads of capital and epicenter of innovation,” said Scaramucci. “The debut editions of both Investopia and SALT Middle East were transformational events, and we can’t wait to collaborate to host what will be one of the premier gatherings on the global calendar.”

The gathering will be hosted in collaboration with the Abu Dhabi Department of Economic Development.

H.E. Mohamed Ali Al Shorafa, Chairman of ADDED said, “Against the backdrop of a continuously evolving global market, convening with international peers to tackle current trade and investment headwinds, assessing economic indicators and exchanging expertise and perspectives is of vital importance if we are to stay ahead and pre-empt for shifts in market trajectories. This is the basis behind creating Investopia, to be able to engage the views and case studies of various international jurisdictions and operations, and why we are seeking partners like SALT.”

Investopia’s first conference, on 28 March 2022 in Dubai, initiated dialogues across 12 economic sectors, like renewable energy, agri-tech, and healthcare.

Source: AETOSWire

View source version on businesswire.com: https://www.businesswire.com/news/home/20220915005606/en/

Contact

Wajd Breek
wbreek@golin-mena.com

Source : Investopia