Friday, June 2, 2017

NTT DATA ANNOUNCES STRATEGIC INVESTMENT AND EXPANDS BUSINESS ALLIANCE WITH MARKLOGIC

The Growing Partnership Will Deliver Integrated Next Generation Database Systems and Business Services Worldwide
 
TOKYO, June 1 (Bernama-BUSINESS WIRE) -- NTT DATA, a global IT-services provider, today announced a strategic capital investment in leading enterprise NoSQL database provider, MarkLogic Corporation. In addition to the new funding, the companies will also be expanding their existing strategic business alliance to develop new go-to-market strategies with specific emphasis on joint customer development in Europe, North America, South America and Japan. The strategic business alliance will help both companies capture significant market share in the global database market.

Since becoming partners in 2012, NTT DATA and MarkLogic have worked together to aggressively target companies in Japan dealing with large-scale data integration challenges due to the rise of big data and disparate data systems within their organizations. After years of joint customer successes and value creation using NTT DATA’s data utilization services combined with MarkLogic’s NoSQL database platform, the two companies are now experiencing growing market opportunity abroad for their joint solutions in key vertical segments including financial services, healthcare, government/public sector, and manufacturing.

“We are honored to strengthen our alliances with NTT DATA, and welcome them as both a new investor and growing partner in our mission to lead the next generation of database technology for the modern enterprise,” said Gary Bloom, CEO of MarkLogic. “Both MarkLogic’s and NTT DATA’s customers demand an enterprise hardened database that is both agile and secure, flexible and powerful, works on any private or public cloud platform as well as on-premise, and can provide the most accurate data needed to fuel mission critical applications. By working to integrate our industry leading NoSQL database with NTT DATA’s deep expertise in IT services, we have created an alliance that will help companies all around the world to derive more value and insights from their data than ever before.”

MarkLogic’s database platform solves a critical challenge for today’s leading-edge organizations by helping them break down data silos that can emerge within their organizations. By using a non-relational, NoSQL database technology like MarkLogic®, organizations can gain a 360 degree view of their data by reducing data silos through the use of a more agile and flexible database that is designed for change, scale, heterogeneous data, and for running mission-critical applications.

As a global innovator in IT services and solutions, NTT DATA has provided critical expertise around the digital transformation of internal and external data to help organizations maximize their investments and ROI from MarkLogic’s NoSQL databases. The joint go-to-market strategy is designed to help companies better understand the generational shift taking place across the database industry, and how it can be used as a competitive advantage against companies still relying on conventional, more rigid database technologies.

“NTT DATA is excited to expand our strategic relationship with MarkLogic. We look forward to extending the success we have jointly experienced over the last five years in Japan to the rest of the world,” said Toshio Iwamoto, president and CEO of NTT DATA. “Our ability to solve complex data integration problems by using MarkLogic’s database platform along-side intellectual capital developed by NTT DATA allows our clients to better analyze critical insights from their data in order to gain a competitive advantage in their respective marketplaces.”

NTT DATA and MarkLogic offer organizations the opportunity to manage, secure, integrate and analyze their data using MarkLogic 9. Now in production, MarkLogic 9 builds on a strong base of advanced features such as bitemporal, semantics and cloud support by adding new enterprise-grade features to make data integration faster and easier, data security stronger and more granular, and database management more efficient.

The terms of the strategic investment in MarkLogic, which closed on May 31, 2017, were not disclosed at this time.

About NTT DATA

NTT DATA (TOKYO: 9613) is a leading IT services provider and global innovation partner headquartered in Tokyo, with business operations in over 50 countries. Its emphasis is on long-term commitments, combining global reach with local intimacy to provide premier professional services varying from consulting and systems development to outsourcing. For more information, visit www.nttdata.com

About MarkLogic Corporation

For over a decade, organizations around the world have come to rely on MarkLogic to power their innovative information applications. As the world’s experts at integrating data from silos, MarkLogic’s operational and transactional Enterprise NoSQL database platform empowers our customers to build next generation applications on a unified, 360-degree view of their data. Headquartered in Silicon Valley, MarkLogic has offices throughout the U.S., Europe, Asia and Australia. For more information, please visit www.marklogic.com.

MarkLogic is a trademark or registered trademark of MarkLogic Corporation in Japan and other countries.
 
Contacts
NTT DATA Corporation
Public Relations Department
+81-3-5546-8051
webmaster@nttdata.co.jp
or
MarkLogic Corporation
Sarah Sullivan, 650-287-2536 (Office)
650-722-3567 (Cell)
Public Relations Manager
sarah.sullivan@marklogic.com
 
Source: MarkLogic Corporation
 

View this news release online at:
http://www.businesswire.com/news/home/20170531006551/en

--BERNAMA

A.M. BEST WITHDRAWS CREDIT RATINGS OF ACR RETAKAFUL BERHAD

SINGAPORE, June 2 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” of ACR ReTakaful Berhad (ACRR Berhad) (Malaysia), the wholly owned subsidiary of ACR ReTakaful Holdings Limited, which is ultimately owned by Asia Capital Reinsurance Group Pte. Ltd. The outlook of the FSR remains stable, while the outlook of the Long-Term ICR remains negative. Concurrently, A.M. Best has withdrawn these Credit Ratings (ratings), as the company has requested to no longer participate in A.M. Best’s interactive rating process.

The ratings reflect ACRR Berhad’s strong risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), and its good liquidity ratios. The negative outlook of the Long-Term ICR reflects the company’s lack of a commercially viable business profile.


http://mrem.bernama.com/viewsm.php?idm=29278

MICE IN SPACE: TACONIC MICE INCLUDED ON LAUNCH TO INTERNATIONAL SPACE STATION

HUDSON, N.Y., June 2 (Bernama-GLOBE NEWSWIRE) -- When the SpaceX Dragon spacecraft launches today bound for the International Space Station, they will be joined by 40 special mice, bred specifically for this mission by Taconic Biosciences, a global leader in genetically engineered mouse models and associated services.

The project is a collaboration between the University of California, Los Angeles (UCLA), the Center for the Advancement of Science in Space (CASIS), BioServe, and NASA. For this mission, named “Rodent Research-5”, the Taconic mice support research lead by Dr. Chia Soo, professor of surgery at UCLA Schools of Dentistry, Engineering and Medicine. The study leverages the molecule NELL-1, a protein produced by the human body that is critical for normal bone growth and development.

http://mrem.bernama.com/viewsm.php?idm=29283

Thursday, June 1, 2017

TOSHIBA'S NEW ICS FOR BLUETOOTH® SMART DEVICES OFFER THE INDUSTRY'S LOWEST CLASS CURRENT CONSUMPTION AND ENHANCED SECURITY

- Support secure communications for IoT products such as wearables and small devices that use coin batteries -

TOKYO, May 31 (Bernama-BUSINESS WIRE) -- Toshiba Corporation's (TOKYO:6502) Storage & Electronic Devices Solutions Company today announced the launch of two new ICs, "TC3567CFSG" and "TC3567DFSG," that match industry leading [1] low current consumption realized by previous products[2] while offering an enhanced security function. The new ICs are the latest additions to Toshiba's line-up of ICs supporting Bluetooth® Low Energy (LE)[3] ver.4.2 communications. Sample shipments start today.

The new ICs, like previous products, realize a peak current consumption of 3.3mA at 3V voltage supply in transmission mode by adopting a highly efficient DC-DC converter and an original low-power circuit design. They are also able to acquire a random number with a length of up to 32 bytes, using a random number generator, newly incorporated as hardware, a function that will help to strengthen the information security of IoT products.
http://mrem.bernama.com/viewsm.php?idm=29261

CHANGES TO SKILLED WORKER VISAS WILL IMPACT ACCESS TO GLOBAL EXECUTIVE TALENT POOL, SAYS AESC

Call to reconsider visa changes in light of negative ‘unintended consequences’

SYDNEY, Australia, June 1 (Bernama-GLOBE NEWSWIRE) -- There was collective concern expressed this week amongst members of the Association of Executive Search and Leadership Consultants (AESC) over the impact of recent changes to immigration regulations. It was agreed the changes may detrimentally affect Australia’s ability to attract high calibre global talent. The AESC members are drawn from the top executive search and leadership advisory firms across Australia.

http://mrem.bernama.com/viewsm.php?idm=29270

TACONIC BIOSCIENCES SECURES CRISPR LICENSE FROM ERS GENOMICS

HUDSON, N.Y., May 31 (Bernama-GLOBE NEWSWIRE) -- Taconic Biosciences, a global leader in genetically engineered mouse models and associated services, announced it has signed a license agreement with ERS Genomics ("ERS") to utilize the company's CRISPR-Cas9 technology to generate unique murine models.

Under the agreement, Taconic receives a worldwide non-exclusive license to the CRISPR-Cas9 patents often referred to as the "UC Berkeley patent." ERS Genomics founder, Emmanuelle Charpentier, is a co-inventor of the CRISPR-Cas9 technology. This agreement with ERS complements Taconic's CRISPR service platform, adding to its existing license with the Broad Institute. Holding licenses with both groups provides Taconic access for use in all cell types as well as for use in both mouse and rat species, a rare distinction within the animal model field.
http://mrem.bernama.com/viewsm.php?idm=29256

FINTECH COMPANY RUBIQUE ESTABLISHING ITS MARK IN INTERNATIONAL MARKETS

Selected as one of the participants in Abu Dhabi’s RegLab Sandbox initiative
 
MUMBAI, India, May 31 (Bernama-BUSINESS WIRE) -- By facilitating loan disbursement worth $200 mn & setup of over 35,000+ credit cards, Rubique is heading towards becoming a definitive fintech player in Indian online lending which has generated ~$3.5 mn revenue more than its series A funding.

Rubique, the one-stop online marketplace, provides technology enabled end-to-end solutions to financing needs of individuals & SMEs. The platform enables users to get access to loan, credit card & insurance products. It expedites the process by its unique matchmaking algorithm enriched with intelligence built on 117+ digitized credit policies. This algorithm matches the borrower’s requirement & eligibility with lender’s lending criteria, thus making the product discovery more predictable. With endeavor to introduce 100% digitization in Indian lending system, Rubique has directly integrated its platform with financial institutions’ systems to provide online in-principle approval. The other technology interventions like eKYC, Aadhar integration & online credit bureau check make the process further simplified.

With 10% MOM growth, Rubique has completely digitized the loan supply chain, reducing the loan processing time almost by half vis-à-vis turnaround time in traditional approach. It has facilitated SMEs massively by processing quick loans as and when small businesses need capital. In fact, 65% of the total loans were granted to SMEs through Rubique platform, with in total 1,25,000 applications being processed over the last two years.

Riding on its robust tech infrastructure and immaculate services reinventing the Indian fintech landscape in lending, Rubique is getting gratified by various international consortiums. In Paris fintech forum 2017, Rubique was among 130+ fintech participants shortlisted across 25+ countries. In prestigious Benzinga Global Fintech Awards 2017-New York; Rubique was the finalist in the category of Best Lending Platform, Tool competing with globally renowned fintech players. Recently, the platform has now been selected by Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, to be a part of the first batch of its FinTech Regulatory Laboratory (RegLab) program. The platform will now develop and test its fintech innovations further as part of the program. Recognitions like this prove that Rubique’s business model has been validated and has potential to be replicated in territories other than India.
 
Contacts
Rubique
Sheetal Mayekar, Strategic & Commercial Intelligence
sheetal@rubique.com
 
Source: Rubique
 
View this news release online at:
http://www.businesswire.com/news/home/20170530005729/en

--BERNAMA