Friday, 6 May 2022

WINGS ANNOUNCES MANAGEMENT TEAM APPOINTMENTS AND ADDITIONAL CAPITAL

 NEWPORT BEACH, Calif., May 6 (Bernama-BUSINESS WIRE) -- Wings Capital Partners LLC (“Wings”) announced today an updated executive and senior management team. “Over the past several years, Wings has developed an extraordinary group of individuals throughout the organization. I am excited to announce changes in our organizational structure that will provide this group of experienced aviation professionals added responsibilities to continue Wings’ growth as a best-in-class leasing company,” said Stephen Hannahs, Chairman and Chief Executive Officer of Wings.

Bryan Billings, who has served as Chief Financial Officer since joining Wings in 2015, will continue in his executive management role and assume the newly created position of President. In this capacity, Bryan will be responsible for all day-to-day activities of Wings. Reporting to Bryan, and joining the Management Committee of Wings, are:

Erik Anderson, Senior Vice President, Controller

Jakob Gallagher, Senior Vice President, Treasurer and Head of Capital Markets

John Hoopes, Chief Technical Officer

Gwyn Scourfield, Chief Marketing Officer

Nicolas P. Stable, Chief Legal and Administrative Officer and Head of Aircraft Transactions

In conjunction with these appointments, Loren Dollet, Chief Legal Officer, and Arthur Schmidt, Chief Commercial Officer, have announced their retirements. “Everyone at Wings and the Shareholders thank Art and Loren for their very significant contributions to the development and growth of Wings. Both Art and Loren are seasoned aviation professionals, and I wish them the very best as they prepare for retirement,” commented Hannahs.

In addition, to support Wings' continued growth, Wings' existing shareholders, Corrum Capital and Sightway Capital, have recently funded additional capital into the business.

About Wings Capital Partners

Wings Capital Partners LLC (Wings) is a private, full-service aircraft leasing platform primarily investing in single-aisle, in-production commercial jet aircraft on lease to airlines around the world. Wings is owned by active investors, Corrum Capital Management, Sightway Capital, a Two Sigma Company, and the Wings Executive Team. www.wingscap.com

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20220505006058/en/

Contact

Cathy Egan
media@wingscap.com

Source : Wings Capital Partners LLC

Clari accelerates international expansion with new APAC investments

KUALA LUMPUR, May 5 (Bernama) -- Clari, the revenue leader, has announced new investments to expand international growth to the Asia-Pacific (APAC) region with the appointment of Abdul Javed as Clari’s Vice President of Sales in APAC.

Based in Sydney, Javed is tasked with growing Clari’s team in Australia as a stepping stone for further expansion in the broader APAC region.

In January, Clari closed on its Blackstone-led US$225 million Series F investment round, raising the company’s total valuation to more than US$2.6 billion. This follows Clari’s US$150 million Series E round in March 2021, bringing total funding in less than 12 months to US$375 million while more than quadrupling the company’s valuation in two years. (US$1 = RM4.336)

Clari more than doubled its team to over 600 since the start of 2021 and plans to add 300 employees in 2022, with an emphasis on international expansion.

“The last year has been a remarkable period of growth for Clari, unlike anything I’ve experienced in my career,” said Andy Byrne, co-founder and CEO of Clari in a statement.

“Clari is the only platform that runs the entire end-to-end revenue process, and skyrocketing demand has resulted in accelerated momentum that now positions us to enter a new phase of international expansion with Asia-Pacific as a cornerstone.”

Javed, who joins Clari with nearly a decade of sales experience in APAC and deep expertise in regional expansion for US-based technology companies, said: “Our powerful data and insights are a game-changer for all revenue professionals. Over 500 companies around the world use Clari to run their end-to-end revenue process and I’m excited to introduce this secret weapon to more companies in Australia and beyond.”

Clari currently has over 4,000 users in APAC who use its purpose-built revenue platform to deliver world-class revenue performance for their businesses in China, Japan, Singapore, and India.

The Australian Trade and Investment Commission (Austrade) worked with Clari to facilitate the expansion, providing key local contacts, market insights, and advice.


-- BERNAMA

FOURKITES LAUNCHES UNIVERSAL APPOINTMENT MANAGER SOLUTION IN APAC

KUALA LUMPUR, May 5 (Bernama) -- FourKites®, the #1 real-time supply chain visibility platform, announced it has launched Appointment Manager℠, its universal appointment booking solution, in India, Australia and New Zealand.

The cloud-based solution helps warehouses, distribution centres and manufacturing facilities collaborate efficiently on pickup and receiving time slots, saving significant time and improving daily operations and partner relationships. 

In addition, the highly configurable solution allows shippers and carriers to eliminate excess dwell time on site, eliminating detention fees and significantly reducing carbon emissions.

“We are excited to extend the easiest, most flexible appointment booking application to the APAC market,” said FourKites Founder and CEO, Mathew Elenjickal in a statement.

“This groundbreaking solution helps shippers across the globe optimise end-to-end visibility, efficiency and sustainability, as well as adapt quickly as their business needs change. We’re thrilled to be launching Appointment Manager in Asia Pacific, specifically tailored to the needs of local facilities.”

Facility schedule management is a notoriously time-consuming task for shippers and carriers alike. With carrier dwell averaging over three hours per day, according to FourKites data, Appointment Manager improves facility productivity and reduces carrier wait time by more than 50 per cent.

Highly configurable for personalised requirements, Appointment Manager enables shippers and carriers to collaborate in real time, and allows carriers to self-book their preferred time based on real-time transit conditions, thereby eliminating hours of daily administrative work and error-prone manual processes.

Specifically, Appointment Manager offers the benefits including Labour optimisation; Ease and compliance with carrier scheduling; True end-to-end visibility; Diminished carrier detention costs; and, Reduced carbon emissions.

More details at https://www.fourkites.com/.

-- BERNAMA

Thursday, 5 May 2022

MYCOMPLIANCEOFFICE ANNOUNCES CLOSE OF SCHWAB COMPLIANCE TECHNOLOGIES ACQUISITION

 

NEW YORK, May 5 (Bernama-BUSINESS WIRE) -- MCO (MyComplianceOffice), a global provider of conduct risk and compliance technology, today announced that the company has finalized its acquisition of Schwab Compliance Technologies (SCT), a solution that automates monitoring employee trading activity and administering a firm's Code of Ethics. The closing of the deal marks a meaningful step toward the company’s expansion and position as a leading authority on conduct risk and compliance technology

The SCT team is now part of MCO and will continue to deliver exceptional service as well as ensure a smooth, effective transition for SCT clients. Additionally, as part of the sale, the Schwab Compliance Technologies (SCT) product name was changed to MyComplianceTechnologies (MCT).

The close of this acquisition:
  • Brings MCO’s client firms to more than 1300 in 105 countries
  • Increases staff numbers to over 250 people dedicated to serving a growing customer base from offices located in US, Ireland, India and Singapore
  • Opens a new Chicago office from which to best serve our newest clients
  • Creates a highly complementary set of products, customers and employees to accelerate MCO growth
Brian Fahey, CEOMCO, said: “We are excited for the next phase of our business and to officially welcome SCT and its team to the MCO family. It cannot be overstated how important the expertise of our newest MCO employees is to delivering value to SCT clients. Their knowledge and passion will help to bring together the best of both products, quickly and effectively, and ensure best-in-class KYE compliance for all. Today underscores MCO’s commitment to expanding and investing in this market. Our history of product innovation and strong client focus will help to cement the success of this acquisition and drive product growth for years to come.”

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20220502005459/en/

Contact

Media Contacts:
Lisa Deschamp, Vice President, Global Marketing
MyComplianceOffice
lisa.deschamp@mycomplianceoffice.com

The Comms Crowd
mycomplianceoffice@commscrowd.com

Source : MyComplianceOffice

PINDROP PARTNERS WITH GOOGLE CLOUD TO TRANSFORM CONTACT CENTER SECURITY AND ENHANCE THE CUSTOMER EXPERIENCE WITH AI

 Partnership underscores Pindrop's goal to deliver its cloud-based voice authentication platform at global scale and unlock the power of the human voice


ATLANTA, May 5 (Bernama-BUSINESS WIRE) -- Pindrop, a global leader in voice technology, today announced a new partnership with Google Cloud that will enable it to build and offer new authentication solutions to enhance call center experiences for customers on Google Cloud’s platform. Pindrop will also make its suite of fraud detection and voice security solutions available on Google Cloud Marketplace, as it is now part of the Google Cloud Partner Advantage Program as an Independent Software Vendor (ISV) partner.

Through this partnership, Pindrop plans to offer its call center security and anti-fraud protection solutions with Google Cloud’s Contact Center AI to deliver voice authentication and security solutions that create better experiences for the customer, add security to the call center, and increase flexibility with modern infrastructure. Using Google Cloud’s secure, trusted, and global infrastructure, Pindrop will also be able to deploy new voice security solutions that will give customers the ability to easily automate device-based interactions. Additionally, as a Google Cloud Partner, the two companies will execute a joint go-to-market strategy via Google Cloud Marketplace to augment Pindrop’s products with Google Cloud capabilities in AI, ML, analytics, and more.

“This is another historic moment for Pindrop, and we are thrilled about the partnership with Google Cloud. Together with Google Cloud, we are uniquely positioned to offer customers something genuinely innovative and drive toward our shared vision in the modern contact center world,” said Vijay Balasubramaniyan, CEO and co-founder at Pindrop. “By partnering with Google Cloud, we are truly on the path to delivering on our mission of making technology more human and helping our clients open new worlds by unlocking the power of the human voice.”

“Securing voice-driven call center and support services is a critical requirement for the enterprise technology stack today,” said Nirav Sheth, Director of Partnerships, Google Cloud. “We're thrilled to have innovative technology businesses like Pindrop building on Google Cloud. With Pindrop’s solutions available on Google Cloud Marketplace, organizations will be able to easily deploy Pindrop in their cloud environment and provide AI-enhanced experiences that prioritize secure, satisfactory customer interactions.”

Pindrop helps organizations across financial services, insurance, retail, healthcare, and telecommunications secure voice interactions with passive voice authentication and streamlined automatic number identification (ANI) verification solutions. By deploying Pindrop solutions in their multicloud environments, customers are empowered with the technologies needed to reduce costs associated to fraud loss and increase positive customer care experiences in the call center. A recent Pindrop commissioned Forrester TEI study found that Pindrop customers, who participated in the study, experienced a 10% increase in operational gains for call centers, 15% reduction in fraud incidents and losses, and improved call containment in the IVR by 2% leading to a better experience for customers and employees.

For more information about Pindrop, please visit www.pindrop.com.

About Pindrop

In an increasingly digital world, Pindrop lets people use their voice to seamlessly connect to, enter and unlock new experiences while helping safeguard their privacy. Using its patented voice authentication technology, Pindrop is leading the way to the future of voice by establishing the standard for identity, security, and intelligence for voice interactions. Working with some of the world’s biggest banks, insurers, and retailers, Pindrop enables customers to quickly, conveniently, and securely connect to the information and resources they need. Its voice authentication technology analyzes unique features within the human voice and surrounding audio that enables its customers to prevent fraud and deliver exceptional customer experiences in call centers, when obtaining information from smart devices, and even when activating cars. A privately held company, Pindrop is venture-backed by Andreessen Horowitz, Citi Ventures, Felicis Ventures, CapitalG, GV, IVP, and Vitruvian Partners. Visit pindrop.com for more information.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20220504005102/en/

Contact

Media:
Kristen Stippich
SourceCode Communications
pindrop@sourcecodecomms.com

Source : Pindrop

MCKINSEY & COMPANY ACQUIRES S4G CONSULTING TO ACCELERATE CLIENTS' END-TO-END GROWTH TRANSFORMATIONS



With the acquisition of S4G, McKinsey brings the best of strategy, design, and analytical horsepower together with rapid Salesforce CRM implementation capabilities to help clients ignite growth


NEW YORK and MADRID, Spain, May 5 (Bernama-GLOBE NEWSWIRE) -- McKinsey & Company announced today it has acquired Madrid-based S4G Consulting. As a top Salesforce Platinum Partner, S4G specializes in helping companies of all sizes extend the power of Salesforce’s customer relationship management (CRM) platform to improve customer outcomes.

B2B digital commerce is undergoing a major transformation as buyers have flexed to remote and digital ways of engaging. Today’s buyers surf ten-plus channels before making a single purchase, and they want convenient, seamless, omnichannel interactions. Now companies can anticipate and meet those needs at every stage of the customer life cycle, achieving analytics-led sales acceleration, omnichannel and e-commerce transformation, and sales productivity enhancements.

With the acquisition of S4G, McKinsey adds rapid Salesforce CRM implementation capabilities to the very best of strategy, design, and analytical horsepower. S4G’s Salesforce CRM technology expertise, combined with McKinsey’s growth offerings, will enable companies to accelerate end-to-end growth transformations.

Next era of growth will be tech-forward
Companies can use predictive and prescriptive analytics and AI-powered capabilities to make data-led decisions that help them consistently delight their customers, improve performance, and unlock growth.

“We are relentlessly focused on helping our clients achieve their growth aspirations,” said Greg Kelly, senior partner and global leader of McKinsey & Company’s Growth, Marketing & Sales Practice. “Our clients have told us they need greater support that extends through making their technology seamlessly support their growth efforts. With this acquisition, we are doing just that by bringing together world-class Salesforce experts, industry-leading technology, accelerators, and analytics to enable our clients to capture customer value and growth using real-time information.”

Kelly continued: “We are thrilled to welcome our S4G colleagues to the firm, and we look forward to the great work we will do together to better serve our clients.”

Accelerate growth at speed and scale
“McKinsey is the world’s leading impact partner for businesses looking to consistently delight customers and accelerate growth,” said Javier Heitz, CEO and founder of S4G. “They are distinctive in developing multiyear transformation strategies fused with design, analytics, and implementation capabilities as well as accelerating commercial performance. We are proud to be joining McKinsey to help clients shape the future of sales and marketing through rapid growth transformation strategies.”

Alongside McKinsey’s strength in capability building, S4G brings a people-driven and client-centric culture that closely aligns with McKinsey’s.

“The acquisition of S4G is the latest example of McKinsey’s renewed focus on deepening our capabilities through active M&A to accelerate and scale impact for our clients,” said Peter Dahlstrom, senior partner and global leader of McKinsey’s Alliances and Acquisitions. “S4G will enable us to expand our tech-enabled offerings to help organizations deploy and scale end-to-end growth transformations and further deepen our collaboration with Salesforce as part of McKinsey’s open ecosystem of trusted collaborators.”

About McKinsey & Company
McKinsey & Company is a global management consulting firm committed to helping organizations realize sustainable, inclusive growth. We work with clients across the private, public, and social sectors to solve complex problems and create positive change for all of our stakeholders. We combine bold strategies and transformative technologies to help organizations innovate more sustainably, achieve lasting gains in performance, and build workforces that will thrive for in this generation and the next.

About McKinsey Growth, Marketing & Sales
The mission of the McKinsey Growth, Marketing & Sales Practice is to help leaders of both consumer and business-to-business clients create Growth That Matters through meaningful transformations and marketing-driven profit. The practice helps our clients set their strategic direction, develop their marketing and sales capabilities, and connect their organization to realize the full potential of today's omnichannel opportunities. Clients benefit from McKinsey’s experience in core areas of marketing, B2B and B2C pricing, customer experience, and sales and channel management.

About S4G Consulting
S4G Consulting, a Salesforce Platinum Partner with offices in Spain, offers best-in-class Salesforce consulting services for companies across all industries. Founded in 2008, it was one of the first Salesforce Partners in EMEA and has worked with hundreds of companies over the years. In 2018, it was ranked as one of the Top 10 Global Salesforce Platinum Partners by customer rating, reflecting its focus on excellence, which is one of the company’s core values. Today the company has more than 150 employees spread across three offices and over 400 Salesforce certifications.

For more information, please contact
US: MaryLiz Ghanem, DiGennaro Communications – McKinsey-DiGennaro@digennaro-usa.com / +1 917 518 8422
UK: Ruth Jones, 3THINKRS – mckinsey@3thinkrs.com / +44 0208 0872843
Iberia: Gosia G Pajkowska, Gosia_G_Pajkowska@McKinsey.com / +34680489878

SOURCE : McKinsey & Company

MassMutual Ventures declares US$300 million fund for Europe, APAC




KUALA LUMPUR, April 29 (Bernama) -- MassMutual Ventures (MMV) has announced its Asia-Pacific (APAC) and Europe team launched a new fund of US$300 million to invest in early and growth-stage companies in digital health, financial technology, enterprise SaaS, and cybersecurity. (US$1 = RM4.355)

With this launch, the team has widened its investment reach to include Europe and will continue to invest in companies in the APAC region.

“This fund reinforces MMV’s commitment to the Asia-Pacific region and to building a global platform as we look to capitalise on attractive opportunities in Europe,” said Doug Russell, Managing Director and Head of MassMutual Ventures in a statement.

“MMV’s overall investment capital has more than doubled in size in just two years, underscoring the significant opportunity we see in backing strong founders building great businesses. We look forward to continuing to back category-defining companies across the globe with this additional capital.”

“With this additional capital, we look forward to backing even more exceptional founders and supporting them as they scale over time,” said Anvesh Ramineni, Managing Director, MassMutual Ventures.

Meanwhile, Ryan Collins, Managing Director, MassMutual Ventures added, “Through our team’s presence in the U.S., Europe and Asia, we offer portfolio companies insights into global markets, and access to significant networks, expertise, and later stage, growth capital – allowing us to support them over the long-term.”

Since its inception in 2014, MMV has backed over 60 startups across the U.S., Canada, Germany, India, Singapore, Indonesia, Hong Kong and Australia. MMV plans to hire additional team members in both Asia and Europe.

For more information, visit www.massmutualventures.com.

-- BERNAMA