Friday, December 27, 2019

AM BEST MAINTAINS UNDER REVIEW WITH POSITIVE IMPLICATIONS STATUS FOR CREDIT RATINGS OF CENTURY INSURANCE COMPANY (GUAM) LIMITED

HONG KONG, Dec 18 (Bernama-BUSINESS WIRE) -- AM Best has maintained the under review with positive implications status for the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” of Century Insurance Company (Guam) Limited (CIC Guam) (Guam).

These Credit Ratings (rating) were placed under review on July 3, 2019, following an announcement that DB Insurance Co., Ltd. (DBI) has entered into an agreement with CIC Guam’s parent company, Tan Holdings Corporation (THC), to acquire an 80% stake in each of THC’s three insurance subsidiaries, including CIC Guam and two other insurers in Saipan and Papua New Guinea. DBI also is expected to secure the management rights in all three companies. At that time, AM Best indicated that the ratings would remain under review until the transaction was completed, and an assessment of the subsequent impact to CIC Guam’s business and credit profile could be determined.

The under review with positive implications status has been extended as regulatory approval is still pending. The companies now anticipate a transaction closing date in early 2020. CIC Guam’s ratings will remain under review until the close of the transaction, while AM Best continues to conduct further discussions with CIC Guam’s and DBI’s management teams to fully assess the rating impact.

Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and AM Best Rating Action Press Releases.

AM Best is a global credit rating agency, news publisher and data provider specializing in the insurance industry. The company does business in more than 100 countries. Headquartered in Oldwick, NJ, AM Best has offices in cities around the world, including London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2019 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

 
View source version on businesswire.com: https://www.businesswire.com/news/home/20191217005710/en/ 



Contact

Yizhou Hong
Senior Financial Analyst
+852 2827 3426
yizhou.hong@ambest.com

Jason Shum
Associate Director, Analytics
+852 2827 3424
jason.shum@ambest.com

Christopher Sharkey
Manager, Public Relations
+1 908 439 2200, ext. 5159
christopher.sharkey@ambest.com

Jim Peavy
Director, Public Relations
+1 908 439 2200, ext. 5644
james.peavy@ambest.com

Source : AM Best

--BERNAMA

AM Best maintains under review with positive implications status for CIC Guam

KUALA LUMPUR, Dec 18-- AM Best has maintained the under review with positive implications status for the Financial Strength Rating of B++ (good) and the Long-Term Issuer Credit Rating of ‘bbb+’ of Century Insurance Company (Guam) Limited (CIC Guam) Guam.

These ratings were placed under review on July 3, following an announcement that DB Insurance Co Ltd (DBI) has entered into an agreement with CIC Guam’s parent company, Tan Holdings Corporation (THC).

The agreement involved the acquisition of 80 per cent stake in each of THC’s three insurance subsidiaries - CIC Guam and two other insurers in Saipan and Papua New Guinea.

DBI is also expected to secure the management rights in all three companies.

At that time, AM Best indicated that the ratings would remain under review until the transaction was completed, and an assessment of the subsequent impact to CIC Guam’s business and credit profile could be determined.

The under review with positive implications status has been extended as regulatory approval is still pending.

The companies now anticipate a transaction closing date in early 2020. CIC Guam’s ratings will remain under review until the close of the transaction, while AM Best continues to conduct further discussions with CIC Guam’s and DBI’s management teams to fully assess the rating impact.

-- BERNAMA

CEIS, HSF unveil production trends of China's rubber, areca nut, agarwood




KUALA LUMPUR, Dec 19 -- Overall supply of natural rubber is expected to be tight in the first quarter of 2020, which will likely lead to the continuous rising of rubber prices, according to an annual report on the Xinhua-HSF natural rubber series price indexes (2018-2019).

The report was released jointly by China Economic Information Service (CEIS) of Xinhua News Agency and Haiken Group (HSF) at the 2019 Boao Forum for Entrepreneurs held in south China’s Hainan Province.

The report shows that sufficient supplies of natural rubber on a global scale will continue in the short term due to the large production capacity.

The two enterprises also released a report on the areca nut industry in 2018-2019.

The report shows that without a significant increase in the demand side, the areca nut fruits purchase price is expected to decline this month.

Meanwhile, CEIS and Chengmai County Government of Hainan Province released a report on the climate index of the agarwood industry.

The report reveals that China’s agarwood industry climate index in the first half of 2020 will be 130.19 points, well above the 100-point, implying the domestic agarwood enterprises' high expectations for the industry development.

According to CEIS vice-president Kuang Lecheng, the continuous release of rubber, areca nut and agarwood indices will help build brands of Hainan’s characteristic agricultural products.

-- BERNAMA

Friday, December 20, 2019

EPIQ ANNOUNCES NEW CHIEF INFORMATION OFFICER


Carlos Gonzalez Joins Epiq Leadership Team

NEW YORK, Dec 5 (Bernama-GLOBE NEWSWIRE) -- Epiq, the global leader in the legal services industry, announced today that Carlos Gonzalez has joined as chief information officer, reporting directly to David Dobson, CEO. Carlos is a seasoned leader who brings 20 years of global, technology experience in building scalable and high performing IT operations for large companies including IBM, American Home Mortgage, and Allscripts. He has significant experience across infrastructure, network, security, and data center operations management utilizing multiple technologies with a track record of improving reliability and creating enterprise success.

“Carlos is a world class technology leader with a very impressive track record of success.  Our strategy to continue to invest in technology, people and process to drive more value for our clients will be accelerated with him joining our team,” said David Dobson, chief executive officer of Epiq.

“Epiq’s focus on delivering best of breed technology solutions to its impressive client base drew me to join this great team and organization,” said Gonzalez.  “I believe we can build on our past technology successes while innovating for the future. This will allow us to continually improve the solutions and services we deliver to our clients to help them transform their business operations.”

Gonzalez most recently served as vice president and chief information officer at Mount Sinai South Nassau Hospital, one of the largest hospitals on Long Island and is recognized by US News & World Report’s 2019-2020 as a Best Regional Hospital. His background managing large-scale systems and operations has helped several organizations grow and achieve advancements in technology, including projects to increase stability and improve performance while reducing risk.

About Epiq
Epiq, a global leader in the legal services industry, takes on large-scale, increasingly complex tasks for corporate counsel, law firms, and business professionals with efficiency, clarity, and confidence. Clients rely on Epiq to streamline the administration of business operations, class action and mass tort, court reporting, eDiscovery, regulatory, compliance, restructuring, and bankruptcy matters. Epiq subject-matter experts and technologies create efficiency through expertise and deliver confidence to high-performing clients around the world. Learn more at www.epiqglobal.com.

Press Contact
Shanna Schultz
Epiq
+1 713 933 2922
shanna.schultz@epiqglobal.com
 
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/279014ca-1e2e-4765-b2b9-28f003ab72fe
 


SOURCE: Epiq Systems Inc

--BERNAMA

B2Broker expands liquidity with 61 new Crypto CFD pairs


KUALA LUMPUR, Dec 5 -- B2Broker is expanding its Crypto CFD liquidity offering with the introduction of 61 new pairs, adding a whole new range of pairs including all major cryptocurrency to top most tradable national currencies.

The currencies include US Dollar, Euro, Japanese Yen, Pound Sterling, Australian Dollar, Canadian Dollar, New Zealand Dollar and Russian Ruble.

B2Broker was the first liquidity provider to launch 39 Crypto CFD pairs with a leverage of 1:5 and is now in the enviable position of offering a total of 100 pairs.

It also provides the most tradable crypto cross pairs, including BTC/XRP and BTC/ETH.

B2Broker is recognised as having been one of the first liquidity providers to provide CFD liquidity for institutional clients, offering the highest level of support available, with round-the clock trading for all 100 crypto pairs and support in English, Russian, Chinese, Arabic and Spanish.

Brokers can connect to the liquidity service quickly and easily, with bridges offered as part of the package to clients operating MT5 and MT4 trading platforms.

Clients with large trade sizes can trade easily with filling of execution taking place in just milliseconds.

-- BERNAMA

Wednesday, December 18, 2019

WENCOR ANNOUNCES EXCLUSIVE DISTRIBUTION PARTNERSHIP WITH KORRY ELECTRONICS

PEACHTREE CITY, Ga., Dec 4 (Bernama-GLOBE NEWSWIRE) -- Korry Electronics Co. has selected Wencor as their exclusive aftermarket distribution partner within Europe, Middle East, and the Americas effective immediately. Under the new agreement, Wencor will support the commercial and general aviation markets with Korry human-machine interface (HMI) solutions which includes switches, cockpit controls, displays and panels. 

“We are excited to build this new relationship,” said Chris Curtis, Wencor Chief Executive Officer. “As the aviation industry moves forward, Wencor remains committed to providing innovative solutions that enable aerospace reliability, availability and cost efficiency. Adding the Korry product line to our portfolio supports that objective. ”

Rob Gibbs, President of Korry, commented, “We are delighted to be partnering with Wencor for distribution of the Korry portfolio of parts.  With a worldwide network of stocking locations and strong partnerships with airlines and MRO shops, Wencor can add great value and improved service to our customers.“ Korry has been a trusted name in HMI solutions for more than 80 years.

Wencor will provide increased availability and customer intimacy as both companies work together on innovative solutions that deliver value and quality to customers in the ever changing aerospace market. 

About Wencor

Wencor has been a trusted partner in aerospace for over 60 years, offering CMM and DER repairs, PMA and an extensive network of distribution solutions to help make flights safer and more cost effective. We support most of the commercial airlines, repair stations and OEMs worldwide through our corporate affiliates Wencor, Soundair Aviation Services, PHS/MWA Aviation Services, Aerospace Coatings International, Flight Line Products, Accessory Technologies Corporation, Fortner Engineering & Manufacturing, Silver Wings, and Kitco Defense. Wencor Group is headquartered in the Atlanta, Georgia area with additional offices in Utah, Miami, Seattle, California, Alabama, New York, Amsterdam, Singapore, Beijing, Shanghai, and Istanbul. For more information, please visit www.wencorgroup.com.

About Korry

Korry has been a trusted name in human-machine interface (HMI) solutions for the Aerospace and Defense industry since 1937.  Korry provides leading edge Utility Control Systems, Touchscreen Controllers, Integrated Control Panels, Displays and Backlights, Data Concentrators, Pushbutton Switches and Indicators, Knobs and Night Vision Optical Filters.  Korry products are internationally known for their quality in design, manufacturing and service.  For more information about Korry, please visit www.korry.com.

Contact

416 Dividend Drive
Peachtree City, Georgia 30269 USA

Phone: 678.490.0140
Fax: 678.490.0142
www.wencorgroup.com

SOURCE: Wencor Group

--BERNAMA

Monday, December 16, 2019

OMERS appoints Blake Hutcheson as CEO, effective June next year

KUALA LUMPUR, Dec 13 -- Blake Hutcheson is the new OMERS’ chief executive officer (CEO), effective June 1, 2020, succeeding Michael Latimer, who will retire on May 31, next year.

In a statement, OMERS, one of Canada’s largest defined benefit pension plans, said the transition would commence in early January, consistent with OMERS succession plan, and remain seamless over the period.

Hutcheson is currently the president and chief pension officer of the company since April 2018.

He has helped transform the Pension Services area within the organisation, while carrying out responsibility for Strategy, Operations, Communications, Government Relations, Legal and Data & Technology.

Early this year, under his team’s leadership, OMERS approved a 2025 and 2030 Strategy, which will provide clear direction for the next five and 10-year period.

Hutcheson has been a highly successful CEO for over 20 years and has served on more than 25 Boards and Committees of both public and private entities.

Under Latimer’s leadership as CEO, OMERS assets have grown from US$65 billion to well over US$100 billion, growing over 50 per cent. (US$1 = RM4.14)

Over the same period, the organisation successfully deployed US$33 billion of capital as a result of its asset mix shift into private investment asset classes while expanding its global footprint and opening offices in Singapore, Sydney, Paris, Berlin, Boston and San Francisco.

-- BERNAMA

​SARAWAK YOUTH EMPOWERMENT THROUGH SOCIAL ENTREPRENEURSHIP

KUCHING, Dec 3 (Bernama) -- Sarawak youngsters are changing the social sector, by competing in social entrepreneurship competition organised by Sarawak Multimedia Authority (SMA) and Youth Trust Foundation to facilitate the process of becoming a digital economy driven state.

The Youth Sarawak Social Challenge 2019 was a competition open to all secondary school students and young adults around Sarawak. There were 2 categories – The ‘Youth Sarawak Social Project Challenge’ - for secondary public and private school students. The other – ‘Youth Sarawak Social Business Challenge’ - for students, young working adults, youth between 18 and 35 years old.

The 2019 challenge required the teams to develop social business ideas to improve the socio-economic livelihoods of communities in Sarawak. 

9 schools and 9 teams consisting of youths from a different background from around Sarawak participated in the challenge which began in August this year.

“Social Entrepreneurship is an area that the Sarawak Government, through SMA and its partners, aims to bolster and enhance further. It is in line with the Sarawak Digital Economy Strategy, where digitally-enabled entrepreneurship is focused on uplifting the community and creating positive change in Sarawak. We are inspired that so many youths and students had taken up the call to participate with their ideas on helping the state,” – Hazwan Razak, Head of Digital Village, SMA.

The students and youths attended a 3-day ‘boot camp’ held at the M Hotels, Kuching learnt problem-solving skills, pitching skills, financial management and more. All 9 teams from each category pitched their fine-tuned ideas to a panel of judges on the third day of the boot camp. Out of 9 teams from each category, 5 teams were selected to go to the next phase, the market validation phase.

The 5 teams from each category were given 7 weeks of market validation with a budget of RM 1, 000 for the secondary school category and RM1,500 for the young adults category to kick start their projects.

http://mrem.bernama.com/viewsm.php?idm=36312

Mary Kay addresses global female empowerment at UN Forum in California



KUALA LUMPUR, Dec 13 -- Mary Kay Inc, alongside Warner Bros, Qualcomm and others recently addressed the economic, social and sustainability benefits of global gender equality at the United Nations Global Compact for Gender Equality forum in Los Angeles, California.

Mary Kay Inc chief operating officer, Deborah Gibbins participated at the UN event as part of a panel tackling corporate leadership in gender equality.

The regional event invited attendees to explore the many ways in which businesses can take action on the United Nations Sustainable Development Goal 5 (SDG 5) to promote gender equality in the workplace, marketplace and community.

Endorsed by chief executives, the Global Compact is a practical framework for the development, implementation and disclosure of sustainability policies and practices, offering participants a wide spectrum of workstreams, management tools and resources.

With over 10,000 corporate participants and other stakeholders from over 160 countries engaged via 68 country networks, it is the largest voluntary corporate sustainability initiative in the world.

SDG 5 refers to the fifth of the United Nations Sustainable Development Goals adopted by all United Nations Member States in 2015, as a universal call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity by 2030.

The goal focuses on ending all discrimination against women and girls, not only a basic human right, but crucial for a sustainable future. It is proven that empowering women and girls spurs economic growth and development.

-- BERNAMA

Sunday, December 15, 2019

AM Best gives excellent credit ratings to Korean Reinsurance Company

KUALA LUMPUR, Dec 12 -- AM Best has affirmed the Financial Strength Rating of A (excellent) and the Long-Term Issuer Credit Rating of ‘a’ of Korean Reinsurance Company (KRE), South Korea.

The stable outlook of these credit ratings reflect KRE’s balance sheet strength, which AM Best categorised as very strong, as well as its adequate operating performance, favourable business profile and appropriate enterprise risk management.

KRE’s risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio is assessed as strongest, which AM Best expects to remain stable over the medium term, according to a statement.

As a listed company on the Korea Exchange, the company demonstrates a high level of financial flexibility, which is proven by a track record of successful capital raising through the issuance of hybrid bonds in overseas and domestic capital markets.

Its conservative approach to asset allocation remains supportive of the company’s current balance sheet strength assessment, although loans and alternative investment holdings have increased.

KRE’s operating performance is assessed as adequate, underpinned by a five-year average combined ratio of 98.9 per cent and return-on-equity ratio of 6.8 per cent, holding a large book of personal line proportional treaties, which accounted for more than half of net premium written last year.

With more than 60 years of directly working with primary insurers in South Korea, the company benefits from its strong relationship with domestic clients, profound market knowledge, and an immense amount of data it accumulated for better pricing and risk management.

AM Best is a global credit rating agency, news publisher and data provider specialising in the insurance industry. More information at http://www.ambest.com.

-- BERNAMA

Saturday, December 14, 2019

Toshiba releases DT02-V Series of Surveillance HDDs for DVR, NVR platforms

KUALA LUMPUR, Dec 3 -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has released the DT02-V Series of Surveillance HDDs, its new series created for digital video recorder (DVR) and network video recorder (NVR) platforms.

The new series utilises the latest magnetic recording technologies to achieve high areal density, helping to improve reliability compared to the prior MD04ABA-V Series.

With up to 6TB capacity, the new DT02-V Series supports a maximum of 32 high-resolution camera streams and is suitable for use in leading surveillance DVR and NVR platforms with as many as eight drive bays.

“Our latest surveillance HDD family, the DT02-V Series, delivers up to 6TB of storage capacity, and is designed for use with leading surveillance DVR and NVR platforms,” said Toshiba general manager (Storage Products Sales & Marketing Division), Shuji Takaoka.

“It also provides a variety of capacity options while improving reliability for high resolution surveillance video streams.”

The DT02-V Series 4TB samples are now available. Meanwhile, the 6TB samples will be planned from January 2020, and a 2TB sample is expected to be available in March 2020.

Toshiba is among the leading general devices companies, offering customers and business partners outstanding solutions in discrete semiconductors, system LSIs and HDD. More information at https://toshiba.semicon-storage.com.

-- BERNAMA

TELEDYNE INTRODUCES TWO-CAMERA SMART SYSTEM FOR AUTOMATION SUPPORTING VISIBLE, LWIR AND 3D SENSORS



Compact and versatile, the new VICORE smart system targets factory floor applications

BILLERICA, Mass., Dec 11 (Bernama-GLOBE NEWSWIRE) -- 
Teledyne DALSA, a Teledyne Technologies [NYSE:TDY] company and global leader in industrial vision solutions, is pleased to announce its newest smart system, VICORE™.

This flexible system offers excellent performance for inspection applications using traditional 2D, thermal, and 3D imaging or a combination thereof. Its small, book-style format consumes minimal cabinet space and provides convenient, front-accessible connections for cameras, I/O and system components. This includes a dedicated industrial Ethernet port that offers efficient communication with complementary factory devices using Ethernet/IP or Profinet. VICORE can be setup and deployed as a standalone system, with attached HDMI display and keyboard, or as a remotely accessible networked device through its LAN port.

“The VICORE system is sensor friendly, cabinet friendly, 3rd party device friendly and user friendly,” says Steve Geraghty, General Manager of Teledyne DALSA Industrial Products. “This is truly a smart choice for anyone looking for performance and flexibility in system design at an affordable price.”

To maximize user and application reach, VICORE offers a choice of embedded application software. New users, or users of Teledyne smart camera technology, can be up and running in minutes with their easy-to-use iNspect™ software. For users that need additional flexibility or customization, Teledyne’s flagship Sherlock™ 7 software has them covered. For users looking to measure height features using 3D profile sensors, our newly released Sherlock™ 8 software will do the trick. Sherlock 8 expands on Sherlock 7 capabilities and offers improved ease-of-use.        

VICORE is the smart choice for:
  • Dual camera applications
  • Low-cost high resolution (up to 25 Megapixel) applications
  • Thermal applications using Teledyne Calibir™ cameras
  • 3D applications using Teledyne Z-Trak™ profile sensors
  • Surface applications using Genie™ Nano with multi-segment lighting (Shape from Shading)
Teledyne DALSA is part of the Teledyne Imaging group and a world leader in the design, manufacture and deployment of digital imaging components for the machine vision market. Teledyne DALSA image sensors, cameras, smart cameras, frame grabbers, software, and vision solutions are used in thousands of automated inspection systems around the world and across multiple industries including semiconductor, solar cell, flat panel display, electronics, automotive, medical, packaging and general manufacturing. For more information, visit www.teledynedalsa.com/mv.

Teledyne Imaging is a group of leading edge companies aligned under the Teledyne umbrella. Teledyne Imaging forms an unrivalled collective of expertise across the spectrum with decades of experience. Individually, each company offers best-in-class solutions. Together, they combine and leverage each other’s strengths to provide the deepest, widest imaging and related technology portfolio in the world. From aerospace through industrial inspection, radiography and radiotherapy, geospatial surveying, and advanced MEMS and semiconductor solutions, Teledyne Imaging offers world-wide customer support and the technical expertise to handle the toughest tasks. Their tools, technologies, and vision solutions are built to deliver to their customers a unique and competitive advantage.
 
All trademarks are registered by their respective companies.
Teledyne DALSA reserves the right to make changes at any time without notice.
 
Media Contact:
Geralyn Miller
Senior Manager, Global Media Relations & Content Development
519-886-6000 ext. 2187
geralyn.miller@teledyne.com

Sales Contacts:
Sales.americas@teledyne.com
Sales.europe@teledyne.com
Sales.asia@teledyne.com

A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/5a1b31a4-8dcf-4365-8a17-e34a84de71cf.

SOURCE: Teledyne DALSA

--BERNAMA

Perlin, ICC, AirCarbon partnership to reduce worldwide aviation emissions



KUALA LUMPUR, Dec 11 -- The International Chamber of Commerce (ICC), Perlin and AirCarbon have partnered to customise AirCarbon’s blockchain based carbon trading platform to facilitate carbon credit schemes to reduce worldwide aviation emissions.

The partnership is in recognition of the significant and growing environmental impact of commercial air traffic, according to a statement.

Launched on the sidelines of this year’s United Nations Conference on Climate Change (COP 25) in Madrid, the partnership seeks to promote a market-based approach for reducing carbon emissions in the aviation industry globally.

Leveraging ICC’s extensive global network and Perlin’s domain expertise in distributed technology for enterprise, the partnership will seek to facilitate global adoption of the AirCarbon Exchange, the world's first blockchain based distribution and trading network for CORSIA compliant carbon credits.

CORSIA, International Civil Aviation Organization’s Carbon Offset and Reduction Scheme for International Aviation was signed in Montreal in 2016 by 191 countries.

As CORSIA continues to expand and shape the aviation industry, the partnership will seek to advance blockchain-backed carbon credit schemes to mitigate future liabilities for people and planet.

The partnership has come at a significant moment in history as industry-led initiatives seek to address the growing climate crisis before emissions reach a critical tipping point for irreversible and catastrophic global temperature rises.

The partners will seek to directly address the threat posed by significant and growing emissions from aviation by facilitating the efficient and economic sourcing and trade of credible carbon offsets for the aviation industry.

-- BERNAMA

Friday, December 13, 2019

MoEngage accomplishes Amazon Web Services Retail Competency status

KUALA LUMPUR, Dec 10 -- MoEngage Inc, an intelligent customer engagement platform has achieved Amazon Web Services (AWS) Retail Competency.

Achieving the status differentiates MoEngage as an AWS Partner Network (APN) member that delivers highly specialised technical proficiency.

MoEngage leverages AWS to deliver personalised, real-time messaging at scale. MoEngage delivers over one billion personalised communications every day, profiling over 500 million users from 35 countries.

Using MoEngage, retailers can drive higher retention, lifetime value and marketing return on investment.

AWS Retail Competency Partners have demonstrated technical proficiency and proven customer success across numerous innovative solution areas in retail spanning Data Lakes, AI/ML, Voice, Recognition, IoT, Microservices and Retail Transformation.

They undergo rigorous validation by AWS to ensure alignment to AWS best practices for building the most secure, high-performing, resilient and efficient cloud infrastructure for industry applications.

AWS enables scalable, flexible and cost-effective solutions from startups to global enterprises. To support the seamless integration and deployment of these solutions, AWS established the AWS Competency Program to help customers identify Consulting and Technology APN Partners with deep industry experience and expertise.

-- BERNAMA

Thursday, December 12, 2019

​AXIOMSL'S PLATFORM AND REGULATORY CAPITAL SOLUTION RECOGNIZED BY AMERICAN FINANCIAL TECHNOLOGY AWARDS (AFTAS) 2019



AxiomSL Wins for Best Middle Office Initiative

NEW YORK & LONDON & FRANKFURT, Germany & SINGAPORE & MEDELLIN, Colombia Dec 10 (Bernama-BUSINESS WIRE) -- AxiomSL, the leading provider of regulatory reporting and risk management solutions, today announces that it was awarded an AFTAs for Best Middle Office Initiative by WatersTechnology.

“We are extremely pleased to have received an AFTAs award for the second year in a row,” said Alex Tsigutkin, Founder and CEO of AxiomSL. “It is especially meaningful because it recognizes AxiomSL’s ControllerView® data integrity and control platform and its regulatory capital calculation solution.”

Under Basel III, financial institutions (FIs) must maintain capital coverage and hold liquid assets to safeguard solvency and financial stability during economic stress. Calculating risk weighted assets (RWA) and regulatory capital overwhelms systems that lack clear data architectures and whose black-box engines obfuscate calculations. Without transparency into risk data and calculations, FIs’ analytic and regulatory-compliance foundations are weak and cannot support astute regulatory capital decision-making.

“Basel IV-driven expansion now requires transparency across all processes to achieve seamless and efficient compliance. These processes include data sourcing, enrichment, aggregation, model management, pre-processing, validation, reconciliation, and reporting. And they must be underpinned by dynamic data-lineage capabilities, intuitive user-controlled workflow automation, and end-to-end user-friendly visualization,” Tsigutkin commented.

FIs need enhanced, innovative technology that facilitates the convergence of risk and financial functions with end-to-end automated solutions. “I am immensely proud to be acknowledged for our innovative solutions for the middle office by WatersTechnology. AxiomSL’s proven technology provides technical agility and scalability. FIs benefit from fast processing that enables pre-submission assessments and adaptability to business-mix and regulatory-requirement changes. AxiomSL clients operate on large datasets, leveraging data and processes across siloes to deliver trusted regulatory capital calculations and information that can enable fine tuning of regulatory capital, satisfy risk and regulatory requirements/audits, and inform business decision-making with enterprise-wide impacts,” concluded Tsigutkin.

As AxiomSL continues to innovate, many clients are opting to deploy risk and regulatory solutions on its RegCloud™ — a secure, efficient, cost-effective means to manage expanding disparate data volumes and implement meaningful risk governance and regulatory programs.

Sunday, December 8, 2019

JAPAN'S FRIENDSHIP TIES PROGRAMS JENESYS 2019 ASEAN INBOUND PROGRAM 14TH BATCH


Theme; Culture and Art Exchange
Country: Singapore

TOKYO, Nov 29 (Bernama-BUSINESS WIRE) -- Eleven university undergraduate/graduate students from Singapore are scheduled to visit Japan from December 2nd to December 10th as part of the Japan’s Friendship Ties Programs, “JENESYS 2019” promoted by Ministry of Foreign Affairs of Japan (MOFA).

They will visit Tokyo, Kyoto, and Nara to experience international program under the theme of “Culture an Art Exchange”. In Tokyo, they will visit Tokyo National Museum and Tokyo Metropolitan Teien Art Museum to have better understanding of Japanese culture and learn how to protect/utilize its cultural properties by observing how they publicize it to make the most of historic, artistic, and academic value of art.

In Kyoto, they will experience school exchange program at Kyoto Institute of Technology, and visit Kinkaku-ji, Kiyomizu-dera which is world heritage. In Nara, they will experience home stay program, and visit traditional craft workers and Todaiji-temple, Kasuga grand shrine to observe traditional crafts and arts which is inherited for many years.

Through this program, we hope the friendly relationship between Japan and Singapore will be strengthened, and the participants proactively share the appeals of Japan and other information after returning to home country.

[For reference]: Japan Exchange Program JENESYS 2019
People with the ability and future mission to deliver messages between Japan and the countries and regions of Asia and Oceania are invited and dispatched in order to promote an understanding of Japan with regard to politics, economics, society, culture, history, foreign policy, and the like, and pro-Japanese people and experts on Japan are discovered in order to strengthen Japan’s message to other countries and expand Japan’s diplomatic foundation by having the guests and dispatches take the initiative to spread information about the diplomatic stance, appeals, and other facets of Japan.

(Itinerary)

Monday, December 2nd
[Arrival]
[Orientation]
[Lecture] The Japan-Singapore relations and The Foreign Policy of Japan

Tuesday, December 3rd
[Observation] Tokyo National Museum
[Observation] Tokyo Metropolitan Teien Art Museum

Wednesday, December 4th
[School Exchange] Tama Art University, Hachioji campus
[Move] From Tokyo to Kyoto

Thursday, December 5th
[School Exchange] Kyoto Institute of Technology
[Observation] Rokuon-ji (Kinkaku-ji), Otowasan Kiyomizu-dera temple (World Heritage)

Friday, December 6th
[Theme-related Observation] Yamamoto Kawara, Takigawa Jisha Kenchiku
[Theme-related Observation]
Kegonshu Daihonzan Todai-ji temple, Kasuga grand Shrine (World Heritage)

Saturday, December 7th
[Homestay] Yamato-Asuka New Tourism

Sunday, December 8th
[Homestay] Yamato-Asuka New Tourism
[Move] Move to Tokyo

Monday, December 9th
[Courtesy Call] Embassy of Singapore in Japan
[Workshop]
[Reporting Session]

Tuesday, December 10th
[Departure]


View source version on businesswire.com: https://www.businesswire.com/news/home/20191129005130/en/


Contact

Inquiries about the program
JENESYS 2019 ASEAN + Timor-Leste Project Implementing Agency

JTB Kasumigaseki Operations Department
Contact personnel: Junji Mise, Yutaka Shintani
TEL: +81 3-6737-9447
Weekdays: 9:00-18:00 (Closed on weekends and holidays)
Email: jenesys2019asean@jtb.com

Source : JTB Corp. 
 
--BERNAMA

JAPAN'S FRIENDSHIP TIES PROGRAMS JENESYS 2019 ASEAN INBOUND PROGRAM 13TH BATCH

Theme; Movie and Art Exchange
-13th Asian International Children’s Film Festival-
Countries; ASEAN countries and Timor-Leste

TOKYO, Nov 29 (Bernama-BUSINESS WIRE) -- 105 youth from 11 countries, ASEAN countries and Timor-Leste, are scheduled to visit Japan from December 2nd to December 9th as part of the Japan’s Friendship Ties Programs, “JENESYS 2019” promoted by Ministry of Foreign Affairs of Japan (MOFA).

They are scheduled to participate in “13th Asian International Children’s Film Festival” which is held on December 7th in Minamiawaji, Hyogo prefecture, and interact with Japanese youth through watching films they have created by themselves. As part of theme related observation, they will visit Kobe Kitano Ijinkan-gai and Awaji Ningyo Joruri in Hyogo, and Otsuka international museum in Tokushima, to see various styles of Art in Japan.

Furthermore, they will visit Japan International Cooperation Agency (JICA) and have a lecture on Japanese Diplomacy in Asia, and observe historic places and attractive natures of Japan. In Minamiawaji, they will participate in School Exchange and interact with Japanese students to have a better understanding of Japan and deepen their interests in Japan.

Through this program, we hope the friendly relationship between Japan and ASEAN, Timor-Leste will be strengthened, and the participants proactively share the appeals of Japan and other information after returning to home country.

[For reference]: Japan Exchange Program JENESYS 2019
People with the ability and future mission to deliver messages between Japan and the countries and regions of Asia and Oceania are invited and dispatched in order to promote an understanding of Japan with regard to politics, economics, society, culture, history, foreign policy, and the like, and pro-Japanese people and experts on Japan are discovered in order to strengthen Japan’s message to other countries and expand Japan’s diplomatic foundation by having the guests and dispatches take the initiative to spread information about the diplomatic stance, appeals, and other facets of Japan.

http://mrem.bernama.com/viewsm.php?idm=36280

Saturday, December 7, 2019

Teledyne DALSA's new Multified TDI camera captures multiple images in single scan

KUALA LUMPUR, Nov 27 -- Teledyne DALSA, a Teledyne Technologies company and global leader in machine vision technology has announced the availability of its newest charge-domain CMOS TDI camera – the Linea HS 16k Multifield TDI camera.

Multifield imaging allows end-users to capture multiple images such as brightfield, darkfield and backlit images simultaneously in a single scan, according to a statement.

Based on a multi-array TDI sensor architecture, the 16k camera offers 100-kHz x 3 line rate or 5 GPix/sec data throughput for high-performance imaging applications such as flat panel display, PCB and wafer inspection, life science, aerial imaging and web inspection.

The Linea HS 16k Multifield camera uses integrated dichroic filters with minimum spectral crosstalk to spectrally isolate and capture up to three field images. Combined with advanced lighting, multifield significantly improves tact time and detectability.

Combined with Teledyne’s Xtium™2 CLHS series of high-performance frame grabbers, these new products represent a breakthrough in data throughput.

Built on field-proven technology, the next generation CLHS fiber optic interface provides reliable and high throughput data transmission.

More information at www.teledynedalsa.com/imaging.

-- BERNAMA

Cognite opens Japan office as Asia-Pacific headquarters

KUALA LUMPUR, Nov 26 -- Cognite, a global industrial software provider has opened an office in Tokyo, Japan as its headquarters in the Asia-Pacific region.

In the same statement, Nori Tokusue, an entrepreneur with decades of experience in the enterprise software industry will lead Cognite's business growth in the Japanese market as the company’s regional vice-president.

Cognite officially opens the office during a full-day event on Nov 26, at the Embassy of Norway in Tokyo. The event introduces customers, partners and the media to Cognite’s local and global executives.

Cognite co-founders Dr John Markus Lervik, chief executive officer, and Stein Danielsen, chief solutions officer, will present Cognite’s product portfolio, including the company's key software package, Cognite Data Fusion (CDF).

CDF empowers industrial companies to reduce costs, increase profits and boost their safety and sustainability efforts, according to a statement.

Following a media roundtable with Lervik and Danielsen, sessions will outline how CDF and end-user applications can deliver value for the Japanese market in areas such as production optimisation, smart maintenance and digital worker.

The expansion to the Asia-Pacific region comes at a time of steady growth in adoption for Cognite’s leading industrial software package, CDF. More information at https://www.cognite.com.

-- BERNAMA

Thursday, December 5, 2019

TILE ANNOUNCES MOST PROACTIVE AND COMPREHENSIVE ALERTS YET


TILE ANNOUNCES MOST PROACTIVE AND COMPREHENSIVE ALERTS YET

New Smart Alerts Beta to Notify Users When They Leave Something Behind Anywhere in the World

SAN MATEO, Calif., Nov 26 (Bernama-GLOBE NEWSWIRE) -- Tile, the world’s leading smart location company, announces plans to relaunch Smart Alerts (beta). Beginning this December, Smart Alerts will extend beyond user-defined locations, such as home or work, to prevent users from leaving items behind, no matter where they are or where they go.

Tile Premium subscribers will be notified when they leave any Tiled items behind after remaining in a location for more than five minutes. This means if a user enters a coffee shop with their Tiled keys, wallet and laptop, but then leave that coffee shop fifteen minutes later with only their keys and wallet, they will receive a notification that their laptop was left behind. 

“Tile is known for helping customers find their lost items. We’re taking a tremendous leap forward and extending that promise to prevent loss from occurring in the first place with Smart Alerts. Imagine the peace of mind knowing that you’ll receive an alert anytime you leave an important item behind, no matter where you are,” said CJ Prober, CEO of Tile.

Smart Alerts will also offer the ability to set designated safe zones to customize where and what prompts an alert. For example, a customer might want to know if they left their Tiled jacket at work, but they may not want to know if they left that Tiled jacket at home.

“We first launched Smart Alerts in 2018 to collect feedback and hone our approach to ensure we were providing the best possible user experience,” said Simon Flemming-Wood, Chief Experience Officer at Tile. “Since then, we’ve continued to enhance our proprietary combination of Bluetooth, geofencing and mesh technologies. The result? The most proactive left-behind notification on the market that we’re continuing to improve.”

Smart Alerts is a key feature of Tile Premium, Tile’s subscription service. Additional features include automatic battery replacements, extended warranty, unlimited sharing, 30-day location history and premium care. Premium has boasted impressive growth since launch with total users growing 414% so far this year. Smart Alerts have helped Premium subscribers over 14 million times to-date. With expanded international growth and new services planned for 2020, Premium is quickly becoming a must-have service for the Tile Community.

http://mrem.bernama.com/viewsm.php?idm=36238

Tuesday, December 3, 2019

Former Cleveland Clinic CEO joins InnovaHealth Partners as senior adviser

KUALA LUMPUR, Nov 21 -- Former Cleveland Clinic chief executive officer (CEO), Delos M. ‘Toby’ Cosgrove, MD, has joined InnovaHealth Partners (InnovaHealth) as senior adviser.

InnovaHealth president and CEO, Mortimer ‘Tim’ Berkowitz III said: “As a pioneering surgeon, medical technology innovator and exceptional healthcare leader, Toby shares our strategic vision of expanding market access for innovative medical technologies that meet large unmet clinical needs.

“His broad global reach and experience will augment our investment pipeline, ability to add value to our portfolio companies and further cement our strategic relationships in the medical technology industry.”

As Cleveland Clinic CEO and president, Dr Cosgrove focused on improving patient experience and medical outcomes, reorganising services and strengthening the organisation’s finances.

Dr Cosgrove, a recognised cardiothoracic surgeon, has performed more than 22,000 operations before retiring from surgery in 2006, and has earned an international reputation for his expertise in valve repair.

He was the first surgeon to complete a minimally invasive mitral-valve surgery in 1996, and holds 30 patents for medical innovations.

-- BERNAMA