KUALA LUMPUR, Nov 29 -- Guotai Junan International has been successfully qualified as the listed structured products issuer by the Hong Kong Stock Exchange.
The company officially launches its Derivative Warrants (Warrants) and Callable Bull / Bear Contracts (CBBC) products, thus becoming the 14th qualified issuer and the third market participant with Chinese-funded background.
The company will also launch the first batch of Warrants products today, including Tencent-related and Alibaba Group-related derivative warrant products.
The Warrants and CBBC’s product website has been launched, providing more choices for the markets and existing clients.
The company is honoured to participate in this market as Hong Kong is one of the largest markets for derivative warrants and CBBCs in the world.
It will launch more exchange-traded and OTC derivatives products under a sustainable and stable risk management system, to provide suitable investment solutions catering to investors with different risk appetites.
Guotai Junan International is the market leader and first mover for internationalisation of Chinese Securities Company. It is the first Chinese securities broker to list on the Main Board of The Hong Kong Stock Exchange by way of initial public offering.
-- BERNAMA
Saturday, November 30, 2019
Wednesday, November 27, 2019
Thailand to test Milrem Robotics´ THeMIS RCV next year
KUALA LUMPUR, Nov 26 -- The Defence Technology Institute of Thailand (DTI) will evaluate Milrem Robotics’ THeMIS robotics combat vehicle (RCV) next year, determining its suitability for the country’s armed forces.
The THeMIS RCV which recently exhibited at the Asian Defense & Security Exhibition in Bangkok will undergo tests in cooperation with the Royal Thai Army.
The tests are designed to evaluate the vehicles’ capabilities in the harsh terrain and climate conditions where local armed forces operate.
DTI will look at how the THeMIS RCV is able to assist the Armed Forces as a supply transport, but also as an unmanned remotely operated weapon platform.
The latter will be done in cooperation with Electro Optic Systems (EOS) with whom a development project is underway. The final product, named D-Iron, features the THeMIS RCV with the R400S-MK2 remote weapon station by EOS.
The system was presented to the Deputy Prime Minister and Deputy Minister of Defence of Thailand, as well as other VIPs from ASEAN during the exhibition.
Milrem Robotics chief executive officer, Kuldar Väärsi said: “The THeMIS has proven itself as a most capable RCV for very harsh conditions and environments. Milrem Robotics is determined to provide the Royal Thai Army the new capabilities that robotic warfare systems will bring to the battlefield.”
THeMIS can carry a maximum payload of 1,200kg and move at a speed of 25km/h. It can be equipped with an autonomy kit that allows independent point-to-point navigation and follows a motorised convoy or a dismounted unit.
-- BERNAMA
The THeMIS RCV which recently exhibited at the Asian Defense & Security Exhibition in Bangkok will undergo tests in cooperation with the Royal Thai Army.
The tests are designed to evaluate the vehicles’ capabilities in the harsh terrain and climate conditions where local armed forces operate.
DTI will look at how the THeMIS RCV is able to assist the Armed Forces as a supply transport, but also as an unmanned remotely operated weapon platform.
The latter will be done in cooperation with Electro Optic Systems (EOS) with whom a development project is underway. The final product, named D-Iron, features the THeMIS RCV with the R400S-MK2 remote weapon station by EOS.
The system was presented to the Deputy Prime Minister and Deputy Minister of Defence of Thailand, as well as other VIPs from ASEAN during the exhibition.
Milrem Robotics chief executive officer, Kuldar Väärsi said: “The THeMIS has proven itself as a most capable RCV for very harsh conditions and environments. Milrem Robotics is determined to provide the Royal Thai Army the new capabilities that robotic warfare systems will bring to the battlefield.”
THeMIS can carry a maximum payload of 1,200kg and move at a speed of 25km/h. It can be equipped with an autonomy kit that allows independent point-to-point navigation and follows a motorised convoy or a dismounted unit.
-- BERNAMA
Zynga announces ongoing collaboration with Garth Brooks, Words With Friends
KUALA LUMPUR, Nov 26 -- Zynga Inc, a global leader in interactive entertainment has announced a new, holiday-themed activity in its ongoing collaboration with Garth Brooks and the flagship mobile game, Words With Friends.
Running until Dec 8, players of the game will be treated to special in-game and real-world giveaways as part of this two-week event from Brooks, a country music artiste, entertainer and long-time Words With Friends player.
In celebration of the holidays and season of giving, Brooks and Words With Friends are releasing the first-ever collaboratively designed tile style, featuring a vinyl record, according to a statement.
Representing his record-toppling career and the release of his career-spanning, comprehensive box set, Brooks’ vinyl record tile style features his iconic ‘g’ logo overlaid on a classic vinyl LP.
Available to fans aged 18 or older in the US, players can also enter to win their own copy of the just-released, acclaimed 7-disc vinyl box set, The Legacy Collection, by visiting https://www.zynga.com/wordswithgarth on or before Dec 8.
Brooks just won Entertainer of the Year at the CMA Awards for the seventh time, a first for any artiste. He is also the first artiste in history to receive seven Diamond awards for the now seven albums certified by the RIAA at over 10 million album sales each.
More information at https://www.zynga.com.
-- BERNAMA
Running until Dec 8, players of the game will be treated to special in-game and real-world giveaways as part of this two-week event from Brooks, a country music artiste, entertainer and long-time Words With Friends player.
In celebration of the holidays and season of giving, Brooks and Words With Friends are releasing the first-ever collaboratively designed tile style, featuring a vinyl record, according to a statement.
Representing his record-toppling career and the release of his career-spanning, comprehensive box set, Brooks’ vinyl record tile style features his iconic ‘g’ logo overlaid on a classic vinyl LP.
Available to fans aged 18 or older in the US, players can also enter to win their own copy of the just-released, acclaimed 7-disc vinyl box set, The Legacy Collection, by visiting https://www.zynga.com/wordswithgarth on or before Dec 8.
Brooks just won Entertainer of the Year at the CMA Awards for the seventh time, a first for any artiste. He is also the first artiste in history to receive seven Diamond awards for the now seven albums certified by the RIAA at over 10 million album sales each.
More information at https://www.zynga.com.
-- BERNAMA
Tuesday, November 26, 2019
Retail Pro International software ranked top POS in IHL latest study
KUALA LUMPUR, Nov 25 -- Retail Pro International announced that its Retail Pro® ranked in IHL’s latest Retail Executive Advisory Program Research Study as number one retail mid-market POS in market share, global reach, innovation and growth.
Retail Pro® is a cross-platform, cross-channel POS and retail management software.
“The study considers primary and secondary source data to evaluate and rank on-premise and SaaS POS for retailers with chains ranging from one to 100 locations – representing over nine million POS locations installed POS units worldwide,” said IHL Group vice-president, Jerry Sheldon.
In this hyper-competitive context, Retail Pro holds 5.9 per cent market share in the midmarket slice for general retail and also ranks as a top performer in IHL’s positioning map which measures vendors by innovation and market strength dimensions.
As retail in emerging markets continues to expand and enterprise retailers are rearchitecting systems for unified commerce, IHL projects the POS software market will grow 53 per cent from US$3.2 billion last year to US$4.9 billion in 2023, implying further growth opportunity for top POS providers. (US$1 = RM4.18)
Retail Pro International chief executive officer, Kerry Lemos said: “We thrive in the highly creative and demanding environments in all major markets worldwide. Striving together with our loyal customers drives us to keep honing our technology to be more efficient, more innovative and more adaptable to the diverse retail brands using Retail Pro worldwide.”
-- BERNAMA
Retail Pro® is a cross-platform, cross-channel POS and retail management software.
“The study considers primary and secondary source data to evaluate and rank on-premise and SaaS POS for retailers with chains ranging from one to 100 locations – representing over nine million POS locations installed POS units worldwide,” said IHL Group vice-president, Jerry Sheldon.
In this hyper-competitive context, Retail Pro holds 5.9 per cent market share in the midmarket slice for general retail and also ranks as a top performer in IHL’s positioning map which measures vendors by innovation and market strength dimensions.
As retail in emerging markets continues to expand and enterprise retailers are rearchitecting systems for unified commerce, IHL projects the POS software market will grow 53 per cent from US$3.2 billion last year to US$4.9 billion in 2023, implying further growth opportunity for top POS providers. (US$1 = RM4.18)
Retail Pro International chief executive officer, Kerry Lemos said: “We thrive in the highly creative and demanding environments in all major markets worldwide. Striving together with our loyal customers drives us to keep honing our technology to be more efficient, more innovative and more adaptable to the diverse retail brands using Retail Pro worldwide.”
-- BERNAMA
Saturday, November 23, 2019
AUSTRALIAN TOM MATIC UPSETS THREE-TIME U.S. PROFESSIONAL CHAMPION GREG ANLIKER IN FIRST-EVER INTERNATIONAL COMPETITION AT 2019 IDEAL® NATIONAL CHAMPIONSHIP
Electricians from the U.S., Canada, China and Australia Compete for Title of ‘World’s Best Electrician’ and their Share of Over $600,000 in Cash and Prizes
SYCAMORE, Ill., Nov 22 (Bernama-GLOBE NEWSWIRE) -- IDEAL® Electrical concluded its fourth annual IDEAL National Championship by crowning the first-ever International Champion on November 9 at Disney’s® Coronado Springs Resort in Lake Buena Vista, Florida. Tom Matic from Melbourne, Australia took home the title of ‘World’s Best Electrician’ and a brand new RAM® 1500 Pickup Truck after competing against professional electricians from the U.S., Canada and China in an intense hour-long competition that required the competitors to complete four challenges – one reflecting each country’s unique electrical installation methods.
The inaugural international competition took place following three days of competition including Professional, Student/Apprentice, Contractor and School Challenge categories. Friends and family filled the arena to cheer on the 162 competitors from across the U.S. and Canada, as well as the professional national champions from Australia and China. Mexico’s champion attended as a guest this year but Mexico plans to compete in the 2020 Championship Weekend.
IDEAL National Championship Honors Electrical Trade Community
Four years ago, IDEAL Electrical established the IDEAL National (U.S.) Championship to showcase the skills and professionalism of today’s electricians. “With the U.S. facing a significant shortage of electricians in the next few years (U.S. Labor Department reporting 60,000 by 2026), we wanted to find a way to honor the trade community and help attract young men and women into satisfying careers as electricians and contractors,” said Doug Sanford, Senior Vice President and General Manager, Non-Lighting Businesses, IDEAL INDUSTRIES, INC.
“I think we have an opportunity, and a responsibility, to powerfully demonstrate how pivotal this skilled trade is to powering and connecting the rest of us in virtually every element of our lives. Without electricians, technologies don’t move forward. Buildings don’t fully function. Homes don’t meet expectations.”
Road to Championship Weekend
This year, more than 58,000 electricians, students and apprentices competed in over 1,500 Qualifying Round events in 5 countries from March 4 – October 4, 2019. During these events, competitors needed to demonstrate both their problem-solving and physical skills around cutting, stripping, crimping, terminating and more – using IDEAL tools through a challenge judged by workmanship, safety and time.
This year, the team competitions were transformed into School and Contractor Challenges with the goal of honoring School and Contractor’s important contributions to the trade as well as showcasing the talent each brings to the table. There were new prizes designated specifically for them, including a RAM® ProMaster® Commercial Van w/ Custom Company Graphics, scholarships and IDEALcash. “The team competitions are always an exciting part of the weekend,” said Sanford. “You get to see team members play off of each other’s strengths and really shine when under pressure.”
2019 IDEAL National Championship Winners & Prizes
“Every year, we see the competition taken to another level,” said Sanford. “Both Professionals and Students/Apprentices came to this year’s Championship Weekend ready to demonstrate the workmanship and proficiency it takes to be a world-class electrician.”
Reigning two-time Professional Individual Champion and two-time Professional Team Champion, Greg Anliker, proved he was still at the top of his game, taking home his third Professional Individual Champion title and $75,000. Jordan Finfrock from Flatwoods, KY took the top spot in the Student/Apprentice Individual category with a prize of $30,000.
Kellenberger Electric’s Clay Noga and Keith Runkle (Kellenberger 2) took home first place for the Contractor Challenge. The two teammates split the $40,000 prize money, in addition to $20,000 in IDEALcash & the RAM® ProMaster® Commercial Van w/ Custom Company Graphics and a local marketing support package.
Minneapolis JATC’s Angela Bissonnette-Penna and Jacob Thoennes earned first place in the North American School Challenge. Angela, the only female competitor to place in this year’s event, and Jacob split $20,000 prize and also took home $10,000 in IDEALcash for their school, five first-year scholarships and five complete tool kits for scholarship winners.
http://mrem.bernama.com/viewsm.php?idm=36201
SYCAMORE, Ill., Nov 22 (Bernama-GLOBE NEWSWIRE) -- IDEAL® Electrical concluded its fourth annual IDEAL National Championship by crowning the first-ever International Champion on November 9 at Disney’s® Coronado Springs Resort in Lake Buena Vista, Florida. Tom Matic from Melbourne, Australia took home the title of ‘World’s Best Electrician’ and a brand new RAM® 1500 Pickup Truck after competing against professional electricians from the U.S., Canada and China in an intense hour-long competition that required the competitors to complete four challenges – one reflecting each country’s unique electrical installation methods.
The inaugural international competition took place following three days of competition including Professional, Student/Apprentice, Contractor and School Challenge categories. Friends and family filled the arena to cheer on the 162 competitors from across the U.S. and Canada, as well as the professional national champions from Australia and China. Mexico’s champion attended as a guest this year but Mexico plans to compete in the 2020 Championship Weekend.
IDEAL National Championship Honors Electrical Trade Community
Four years ago, IDEAL Electrical established the IDEAL National (U.S.) Championship to showcase the skills and professionalism of today’s electricians. “With the U.S. facing a significant shortage of electricians in the next few years (U.S. Labor Department reporting 60,000 by 2026), we wanted to find a way to honor the trade community and help attract young men and women into satisfying careers as electricians and contractors,” said Doug Sanford, Senior Vice President and General Manager, Non-Lighting Businesses, IDEAL INDUSTRIES, INC.
“I think we have an opportunity, and a responsibility, to powerfully demonstrate how pivotal this skilled trade is to powering and connecting the rest of us in virtually every element of our lives. Without electricians, technologies don’t move forward. Buildings don’t fully function. Homes don’t meet expectations.”
Road to Championship Weekend
This year, more than 58,000 electricians, students and apprentices competed in over 1,500 Qualifying Round events in 5 countries from March 4 – October 4, 2019. During these events, competitors needed to demonstrate both their problem-solving and physical skills around cutting, stripping, crimping, terminating and more – using IDEAL tools through a challenge judged by workmanship, safety and time.
This year, the team competitions were transformed into School and Contractor Challenges with the goal of honoring School and Contractor’s important contributions to the trade as well as showcasing the talent each brings to the table. There were new prizes designated specifically for them, including a RAM® ProMaster® Commercial Van w/ Custom Company Graphics, scholarships and IDEALcash. “The team competitions are always an exciting part of the weekend,” said Sanford. “You get to see team members play off of each other’s strengths and really shine when under pressure.”
2019 IDEAL National Championship Winners & Prizes
“Every year, we see the competition taken to another level,” said Sanford. “Both Professionals and Students/Apprentices came to this year’s Championship Weekend ready to demonstrate the workmanship and proficiency it takes to be a world-class electrician.”
Reigning two-time Professional Individual Champion and two-time Professional Team Champion, Greg Anliker, proved he was still at the top of his game, taking home his third Professional Individual Champion title and $75,000. Jordan Finfrock from Flatwoods, KY took the top spot in the Student/Apprentice Individual category with a prize of $30,000.
Kellenberger Electric’s Clay Noga and Keith Runkle (Kellenberger 2) took home first place for the Contractor Challenge. The two teammates split the $40,000 prize money, in addition to $20,000 in IDEALcash & the RAM® ProMaster® Commercial Van w/ Custom Company Graphics and a local marketing support package.
Minneapolis JATC’s Angela Bissonnette-Penna and Jacob Thoennes earned first place in the North American School Challenge. Angela, the only female competitor to place in this year’s event, and Jacob split $20,000 prize and also took home $10,000 in IDEALcash for their school, five first-year scholarships and five complete tool kits for scholarship winners.
http://mrem.bernama.com/viewsm.php?idm=36201
Friday, November 22, 2019
KIOXIA unveils industry´s first 512GB Automotive UFS
KUALA LUMPUR, Nov 14 -- KIOXIA Corporation has begun sampling the industry’s first 512 gigabyte (GB) Automotive Universal Flash Storage (UFS) JEDEC® Version 2.1 embedded memory solution.
KIOXIA’s Automotive UFS supports a wide temperature range (-40°C to +105°C), meets AEC-Q100 Grade2 requirements and offers the extended reliability required by various automotive applications.
The 512GB device joins the company’s existing lineup of Automotive UFS, which includes capacities of 16GB, 32GB, 64GB, 128GB and 256GB.
512GB Automotive UFS features several functions well-suited to the requirements of automotive applications including ‘Refresh’, ‘Thermal Control’ and ‘Extended Diagnosis’.
The ‘Refresh’ function can be used to refresh data stored in UFS and helps extend the data’s lifespan while the ‘Thermal Control’ protects the device from overheating in the high-temperature circumstances that can occur in automotive applications.
Lastly, the ‘Extended Diagnosis’ function helps the host processor easily understand the device’s status. More details at www.kioxia.com
-- BERNAMA
KIOXIA’s Automotive UFS supports a wide temperature range (-40°C to +105°C), meets AEC-Q100 Grade2 requirements and offers the extended reliability required by various automotive applications.
The 512GB device joins the company’s existing lineup of Automotive UFS, which includes capacities of 16GB, 32GB, 64GB, 128GB and 256GB.
512GB Automotive UFS features several functions well-suited to the requirements of automotive applications including ‘Refresh’, ‘Thermal Control’ and ‘Extended Diagnosis’.
The ‘Refresh’ function can be used to refresh data stored in UFS and helps extend the data’s lifespan while the ‘Thermal Control’ protects the device from overheating in the high-temperature circumstances that can occur in automotive applications.
Lastly, the ‘Extended Diagnosis’ function helps the host processor easily understand the device’s status. More details at www.kioxia.com
-- BERNAMA
AxiomSL bags two Regulation Asia Awards for Excellence 2019
KUALA LUMPUR, Nov 14 -- AxiomSL, a global leader in risk analytics, data-management and regulatory-reporting solutions has bagged two Regulation Asia Awards for Excellence 2019 at a ceremony in Singapore recently.
The awards are Best Solution in Regulatory Reporting award and the Regtech Award for Cloud Innovation, according to a statement.
“Not only are we delighted to be singled out as best in class for our data integrity and control platform and risk and regulatory solutions, but we are thrilled that Regulation Asia recognises the value of RegCloud™, our innovative cloud deployment offering,” said AxiomSL’s APAC general manager, Peter Tierney.
“Clients across the Asia Pacific region are already benefiting from the efficiencies and economies of scale gained by deploying AxiomSL’s platform and solutions on its well-architected, highly secure RegCloud.”
Tierney said, receiving Regulation Asia’s award for Cloud Innovation was an exciting validation that financial institutions in Asia Pacific and globally, were ready to consider the cloud for their risk and regulatory data and reporting.
More information at https://www.axiomsl.com.
-- BERNAMA
The awards are Best Solution in Regulatory Reporting award and the Regtech Award for Cloud Innovation, according to a statement.
“Not only are we delighted to be singled out as best in class for our data integrity and control platform and risk and regulatory solutions, but we are thrilled that Regulation Asia recognises the value of RegCloud™, our innovative cloud deployment offering,” said AxiomSL’s APAC general manager, Peter Tierney.
“Clients across the Asia Pacific region are already benefiting from the efficiencies and economies of scale gained by deploying AxiomSL’s platform and solutions on its well-architected, highly secure RegCloud.”
Tierney said, receiving Regulation Asia’s award for Cloud Innovation was an exciting validation that financial institutions in Asia Pacific and globally, were ready to consider the cloud for their risk and regulatory data and reporting.
More information at https://www.axiomsl.com.
-- BERNAMA
EPIQ EXPANDS COMPANY-WIDE INITIATIVE TO ACCELERATE THE DEPLOYMENT OF ARTIFICIAL INTELLIGENCE FOR CLIENTS GLOBALLY
Coordinated investments in technology, partnerships, and talent ensure that clients working across the globe can apply artificial intelligence to achieve the best outcomes for their businesses
NEW YORK, Nov 21 (Bernama-GLOBE NEWSWIRE) -- Epiq, a global leader in the legal services industry, today announced the expansion of its artificial intelligence (AI) enabled eDiscovery and document review services through a combination of partnerships, proprietary technology, and increased service readiness globally.
“AI provides our clients with a key to unlock the potential value, and decrease the risks and costs, inherent in the massive and growing volume of business data,” said Roger Pilc, president and general manager, Epiq legal solutions. “Already the leading industry practitioner of AI-enabled technology-assisted review services, Epiq has expanded the global reach of its AI services and trained staff.”
As part of its expanded AI initiative, Epiq announced today it is rolling out the latest versions of NexLP, Brainspace, and Relativity Analytics globally, across its industry leading global data centers. In addition to working closely with select industry AI technology leaders, Epiq also leverages data scientists and proprietary algorithms to develop new products with transformative capabilities for its clients.
To thoroughly enable the application of AI in its services, Epiq is certifying over 300 of its document review, client service, solution architect, and operations team members through detailed and proprietary training programs.
With this expansion of capability, Epiq can effectively serve its global client base, including the management of multi-jurisdictional projects. Epiq can now assure the consistent ability to manage AI-supported workflows across languages such as Mandarin, Cantonese, Korean and Japanese.
“Epiq brings the deepest human knowledge to the art and science of data review, working closely with the industry’s leading analytics practitioners,” said Eric Crawley, vice president of review and analytics. “Effectively mining sensitive data, including privileged information, requires a robust combination of human and machine intelligence. We are excited that our AI competency also provides an advantage in areas of information governance and data breach, allowing Epiq to provide broader value to our clients.”
Epiq has deep experience applying advanced analytics to eDiscovery matters for the benefit of its clients, using AI in over 1,000 matters in the past year, spanning an array of litigated matters, regulatory reviews, and internal investigations. Recent client engagements include leveraging AI for a leading international bank, a national healthcare provider, and one of America’s largest cities. The matter type and project size differed greatly in each case, but those clients sought the cost, time, and quality advantages that only Epiq can offer.
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 https://www.epiqglobal.com.
http://mrem.bernama.com/viewsm.php?idm=36191
NEW YORK, Nov 21 (Bernama-GLOBE NEWSWIRE) -- Epiq, a global leader in the legal services industry, today announced the expansion of its artificial intelligence (AI) enabled eDiscovery and document review services through a combination of partnerships, proprietary technology, and increased service readiness globally.
“AI provides our clients with a key to unlock the potential value, and decrease the risks and costs, inherent in the massive and growing volume of business data,” said Roger Pilc, president and general manager, Epiq legal solutions. “Already the leading industry practitioner of AI-enabled technology-assisted review services, Epiq has expanded the global reach of its AI services and trained staff.”
As part of its expanded AI initiative, Epiq announced today it is rolling out the latest versions of NexLP, Brainspace, and Relativity Analytics globally, across its industry leading global data centers. In addition to working closely with select industry AI technology leaders, Epiq also leverages data scientists and proprietary algorithms to develop new products with transformative capabilities for its clients.
To thoroughly enable the application of AI in its services, Epiq is certifying over 300 of its document review, client service, solution architect, and operations team members through detailed and proprietary training programs.
With this expansion of capability, Epiq can effectively serve its global client base, including the management of multi-jurisdictional projects. Epiq can now assure the consistent ability to manage AI-supported workflows across languages such as Mandarin, Cantonese, Korean and Japanese.
“Epiq brings the deepest human knowledge to the art and science of data review, working closely with the industry’s leading analytics practitioners,” said Eric Crawley, vice president of review and analytics. “Effectively mining sensitive data, including privileged information, requires a robust combination of human and machine intelligence. We are excited that our AI competency also provides an advantage in areas of information governance and data breach, allowing Epiq to provide broader value to our clients.”
Epiq has deep experience applying advanced analytics to eDiscovery matters for the benefit of its clients, using AI in over 1,000 matters in the past year, spanning an array of litigated matters, regulatory reviews, and internal investigations. Recent client engagements include leveraging AI for a leading international bank, a national healthcare provider, and one of America’s largest cities. The matter type and project size differed greatly in each case, but those clients sought the cost, time, and quality advantages that only Epiq can offer.
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 https://www.epiqglobal.com.
http://mrem.bernama.com/viewsm.php?idm=36191
Thursday, November 21, 2019
Azbil now offers ceiling temperature sensor outside of Japan
KUALA LUMPUR, Nov 21 -- Azbil Corporation has started sales of its ceiling-mounted temperature sensor (round type), an indoor temperature sensor for use with office building HVAC systems outside of Japan.
Its overseas launch is centred on office buildings and other structures in East Asia and the company is targeting 100 million yen in sales of the product for the first year. (100 yen = RM3.86)
Azbil’s ceiling-mounted temperature sensor is a mere 40 mm in diameter and five mm thick with a colour scheme, allowing it to blend in with a room’s surroundings.
Installation has been simplified through the use of springs to snap the sensor into place, making screws unnecessary.
Improvements to the internal construction have led to a faster response time and increased accuracy, enabling the sensor to contribute to maintaining a comfortable indoor environment.
Ever since the product was launched in Japan in July 2018, over 20,000 units have been installed in office buildings and other structures.
The sensor has also received favourable reception due to its unobtrusive design, ease of installation and high accuracy. More information at https://www.azbil.com/
-- BERNAMA
Its overseas launch is centred on office buildings and other structures in East Asia and the company is targeting 100 million yen in sales of the product for the first year. (100 yen = RM3.86)
Azbil’s ceiling-mounted temperature sensor is a mere 40 mm in diameter and five mm thick with a colour scheme, allowing it to blend in with a room’s surroundings.
Installation has been simplified through the use of springs to snap the sensor into place, making screws unnecessary.
Improvements to the internal construction have led to a faster response time and increased accuracy, enabling the sensor to contribute to maintaining a comfortable indoor environment.
Ever since the product was launched in Japan in July 2018, over 20,000 units have been installed in office buildings and other structures.
The sensor has also received favourable reception due to its unobtrusive design, ease of installation and high accuracy. More information at https://www.azbil.com/
-- BERNAMA
Wednesday, November 20, 2019
EVERYTHING FROM FARMS TO JOGGING: 5G IS TRANSFORMING THE FACE AND FUTURE OF CHONGMING
SHANGHAI, Nov. 19, 2019 /Xinhua-AsiaNet/--
Unmanned 5G harvesters are being deployed on dedicated harvesting routes on the Wanhe organic farm on the eastern part of Chongming District.
Self-driving seeders, organic farm robots and unmanned pesticide-spraying aircraft are also working on other fields. At the Chongming Farm Quality Control Center, farmers are checking HD video surveillance of the work in process instantly via 5G.
More high-quality farmland, irrigation, technology and government policies are among the factors behind bumper harvests over recent years on Chongming Island.
"Thanks to the 5G network, we can get rid of the excessive dependence on farmers and realize the control and management of machines, improving the efficiency," says Huang Zhen, official with Wanhe organic farm. "We can firmly hold the 'rice bowl' in our own hands."
With large bandwidth, low delay and big connection characteristics, "5G+ smart harvesters" realize the all-round support for the cultivation and management of agricultural production including comprehensive mechanization, obstacle avoidance, remote control and self-driving.
And these new-energy harvesters can collect and analyze production data in real time using artificial intelligence technology, improving environmental and ecological protection.
The district government announced that with the full coverage of the 5G network on the island, Chongming will apply the technology to agricultural intelligent driving and operations, high-precision flight monitoring and analysis, real-time supervision of agricultural products, agricultural robots, remote agricultural technology training and guidance, industrialized breeding analysis, and the real-time collection of agricultural data and cloud computing.
5G+ Wisdom for medicine
The Chongming branch of Shanghai Xinhua Hospital has been fully covered by the 5G network. It is exploring the application of 5G for remote consultations, pre-hospital first-aid, remote surgery guidance, remote ultrasound connections and augmented reality guidance. It has completed the district's first pre-hospital first-aid exercise in an ambulance with the help of 5G to offer more timely treatment for patients.
Liu Lan, director of ultrasound department of the hospital, uses her 5G smartphone and a mobile ultrasonic device to guide a thyroid ultrasound check by Lu Liju from the Chenqiao Town Community Health Service Center.
"Local patients prefer to go to the nearest community health service center as their first visit," says Liu. "With the full coverage from 5G technology, our hospital brings the remote consultation system to help the service centers for the diagnosis of emergency and complicated cases."
A patient surnamed Wang said: "The system saves the time for the process of diagnosis. We can even receive health care at home."
With 5G, specialists in leading hospitals on the island can give directions to grassroots doctors and guidance on diagnosis and treatment.
"We are now working on promoting the 5G remote diagnosis system to realize remote inpatient treatment, promoting the quality of medical treatment of the island," says Fei Zewei, president of the Chongming branch of Shanghai Xinhua Hospital.
5G+ Self-driving
At the Zhihuidao Industrial Park, a self-driving shuttle bus assisted by 5G is on a test run. And a cleaning car is on duty at the Chongming Xincheng Conference Center. The shuttle bus, equipped with laser radar, is able to complete all autonomous operations with the assistance of 5G.
5G+ Smart sports
Chongming, an eco-island of sports, has been using 5G, 4K and VR technologies for live broadcasts of events. At Luhua Marathon Town, 5G running is attracting more sports lovers. The players can check in and out with the 5G network. Audiences can watch 360-degree views, while the performance data of the players is collected in real time.
5G+ Smart retail
A smart workshop system is being applied on 26 production lines at Yunliang Factory featuring 5G and AI technologies. It can manage the power, facilities, equipment and working sheets much more efficiently.
By the end of October, Chongming had 539 5G stations including 23 indoors. The government has said it will realize the full coverage of the island in the future.
Source: Wanhe Organic Farm
http://mrem.bernama.com/viewsm.php?idm=36170
4 companies jointly upgrade communications infrastructure in Myanmar
KUALA LUMPUR, Nov 20-- Sojitz Corporation, NTT Communications Corporation (NTT Com), NEC Corporation and NEC Networks & System Integration Corporation (NESIC) today jointly announced a plan to upgrade communications infrastructure in Myanmar.
The upgrade connects the major cities of Nay Pyi Taw, Yangon, Mandalay and Thilawa Special Economic Zone (SEZ), under an official order from Myanma Posts and Telecommunications, the country’s largest telecommunications operator.
The Communication Network Improvement Project, valued about seven billion yen (about US$62 million) will be the first ODA loan project in Myanmar’s communications field carried out under the auspices of the Japanese Government. (US$1 = RM4.16)
The four participating companies plan to construct international Internet connection facilities and communications infrastructure connecting the three cities and the Thilawa SEZ by 2021, according to a statement.
Compared to the present, communications capacity will be more than tripled and significantly upgraded. The project will also support 5G services expected to be introduced in the near future.
As the principal contractor of the project, Sojitz will provide overall management, while NTT Com will apply its technological capabilities and expertise in upgrading international Internet connection facilities to a maximum capacity of 800 Gbps.
NEC will provide cutting-edge optical communication equipment for core communication networks to expand transmission capacity to one Tbps, while NESIC will install dense wavelength division multiplexing equipment and carry out design, civil work and installation works of outside plant.
Under the project, the four companies look forward to contributing to Myanmar’s standard of living and sustainable industrial development through highly reliable and robust communications.
-- BERNAMA
The upgrade connects the major cities of Nay Pyi Taw, Yangon, Mandalay and Thilawa Special Economic Zone (SEZ), under an official order from Myanma Posts and Telecommunications, the country’s largest telecommunications operator.
The Communication Network Improvement Project, valued about seven billion yen (about US$62 million) will be the first ODA loan project in Myanmar’s communications field carried out under the auspices of the Japanese Government. (US$1 = RM4.16)
The four participating companies plan to construct international Internet connection facilities and communications infrastructure connecting the three cities and the Thilawa SEZ by 2021, according to a statement.
Compared to the present, communications capacity will be more than tripled and significantly upgraded. The project will also support 5G services expected to be introduced in the near future.
As the principal contractor of the project, Sojitz will provide overall management, while NTT Com will apply its technological capabilities and expertise in upgrading international Internet connection facilities to a maximum capacity of 800 Gbps.
NEC will provide cutting-edge optical communication equipment for core communication networks to expand transmission capacity to one Tbps, while NESIC will install dense wavelength division multiplexing equipment and carry out design, civil work and installation works of outside plant.
Under the project, the four companies look forward to contributing to Myanmar’s standard of living and sustainable industrial development through highly reliable and robust communications.
-- BERNAMA
Tuesday, November 19, 2019
NewQuest secures US$1 billion for fourth flagship fund
KUALA LUMPUR, Nov 18 -- NewQuest Capital Partners (NewQuest), Asia’s leading secondary private equity firm, has announced the final close of its fourth dedicated secondary fund, NewQuest Asia Fund IV, L.P. (Fund IV or the Fund).
The Fund secured US$1 billion in total commitments, surpassing its initial target of US$850 million. (US$1 = RM4.15)
Fund IV increased its original hard cap of US$950 million to accommodate strong investor demand.
The investors include a diverse group of endowment funds, pension funds, sovereign funds, insurers, financial institutions and family offices across Asia, North America, Europe and the Middle East.
Fund IV’s close comes on the back of NewQuest’s prior fund, NewQuest Asia Fund III, L.P., being fully deployed.
The Fund’s close coincides with a continued, robust increase in demand for alternative liquidity solutions for private equity investments across Asia.
In addition, complex portfolio transactions, such as fund restructurings and spinouts, an area in which NewQuest also specialises, have become more prominent in the region.
Along with its announcement of the final close of Fund IV, NewQuest also announced that Nitin Agarwal has joined the firm as managing director, based in its Mumbai office.
-- BERNAMA
The Fund secured US$1 billion in total commitments, surpassing its initial target of US$850 million. (US$1 = RM4.15)
Fund IV increased its original hard cap of US$950 million to accommodate strong investor demand.
The investors include a diverse group of endowment funds, pension funds, sovereign funds, insurers, financial institutions and family offices across Asia, North America, Europe and the Middle East.
Fund IV’s close comes on the back of NewQuest’s prior fund, NewQuest Asia Fund III, L.P., being fully deployed.
The Fund’s close coincides with a continued, robust increase in demand for alternative liquidity solutions for private equity investments across Asia.
In addition, complex portfolio transactions, such as fund restructurings and spinouts, an area in which NewQuest also specialises, have become more prominent in the region.
Along with its announcement of the final close of Fund IV, NewQuest also announced that Nitin Agarwal has joined the firm as managing director, based in its Mumbai office.
-- BERNAMA
Monday, November 18, 2019
TASSAT AND BLOCKFILLS PARTNER TO CREATE BITCOIN 'TRADE-AT-SETTLEMENT' SPOT PRODUCT
New product enables institutions to trade blocks, manage positions and hedge derivatives exposure with less price decay
NEW YORK & CHICAGO, Nov 14 (Bernama-BUSINESS WIRE) -- Tassat, a global provider of financial technologies and products for traditional and digital asset markets and Blockfills, a global leader in digital asset electronic market making, trading and prime brokerage, are partnering to introduce an institutional Trade at Settlement (TAS) product for spot Bitcoin (XBT/USD).
This product, which is expected to be available for trading in mid-December, enables institutions to submit block orders in Bitcoin at defined price spreads from the mid-market, at three specific times during each day: 15:00 Hong Kong Time, 15:00 Central European Time (Paris) and 15:30 Central Standard Time (Chicago).
TAS, widely used in derivatives markets for other asset classes, is a specific type of electronic order book that allows buyers and sellers to trade at, or near to, a settlement price which is established during a discrete fixing period. This model helps eliminate slippage in execution and uncertainty by giving participants a definite price to trade around. This is in contrast to execution on retail spot exchanges, which can be laden with volatility, sudden price movements and significantly wider spreads.
The settlement price at each window will be derived from Tassat’s robust Bitcoin reference rates, based on executable, aggregated institutional-size quotes from over ten leading global OTC digital asset market makers. The Blockfills trading platform will handle the order flow, matching, execution and settlement of these trades, utilizing its institutional-grade electronic trading infrastructure.
Orders may be submitted on the Blockfills trading platform for a given TAS settlement time immediately after the conclusion of the prior session. Orders will be matched based on time priority at each spread level. Participants will be notified of their execution level shortly after the TAS price fixing time and transactions between counterparties will be settled no later than 60 minutes from notice of the execution price.
Josh Gibson, Director of Sales, Tassat said: “TAS provides a way to offset the risk of price movements on their futures positions and/or rebalance the gamma on option positions with no risk of excessive slippage. With the growth of digital asset derivatives, participants of all kinds will need new and efficient ways to hedge their positions.”
Neil Van Huis, Director of Sales and OTC Trading at Blockfills said: “Our goal at Blockfills is to establish a global digital asset trading and prime brokerage solution to help fuel innovation and institutional adoption of digital assets. This new TAS product will complement our existing offering of digital asset products and we look forward to leveraging on our already well- established partnership with Tassat."
Michel Finzi, Chief Commercial Officer, Tassat said: “We are very excited to be partnering with Blockfills to bring an important and proven execution methodology from the traditional markets to the growing digital asset marketplace. We design our reference rate products to be configurable so that they can be used for innovative products such as TAS and ultimately play a central role in the digital asset trading ecosystem.”
About Tassat
Tassat is a New York-based global financial technology provider of innovative solutions to financial markets utilizing blockchain-based technologies to enable frictionless asset transfer and settlement. Tassat has also created the first-of-its-kind margined deliverable swap contracts on Bitcoin as well as the first institutional OTC-based digital asset reference rates. For additional information, please visit tassat.com or connect with the Company on Twitter or LinkedIn.
About Blockfills
Blockfills is the first electronic, off exchange, digital liquidity provider operating an electronic communication network model (“ECN”). We provide aggressive streaming liquidity aggregation solutions, some of the deepest liquidity in world and cutting edge technologies to deploy this liquidity to end-users anonymously in an impactful way.
Blockfills sources its’ liquidity from the world’s largest non-bank trading institutions. We then match our clients to the best available price across our liquidity pools while completely eliminating the heavy lifting of sourcing price discovery. In addition, we offer the high touch support and professional market insight that is impossible to find at online exchanges while saving our clients time and money.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20191113005180/en/
Contact
Media:
Tassat Group LLC
Articulate Communications
E-Mail: tassat@articulatecomms.com
Phone: +1 646–661–4223
Questions about TAS:
Sales@blockfills.com
For questions about trading at Blockfills: www.blockfills.com
Phone: +1 312-235-1024
Source : Tassat
NEW YORK & CHICAGO, Nov 14 (Bernama-BUSINESS WIRE) -- Tassat, a global provider of financial technologies and products for traditional and digital asset markets and Blockfills, a global leader in digital asset electronic market making, trading and prime brokerage, are partnering to introduce an institutional Trade at Settlement (TAS) product for spot Bitcoin (XBT/USD).
This product, which is expected to be available for trading in mid-December, enables institutions to submit block orders in Bitcoin at defined price spreads from the mid-market, at three specific times during each day: 15:00 Hong Kong Time, 15:00 Central European Time (Paris) and 15:30 Central Standard Time (Chicago).
TAS, widely used in derivatives markets for other asset classes, is a specific type of electronic order book that allows buyers and sellers to trade at, or near to, a settlement price which is established during a discrete fixing period. This model helps eliminate slippage in execution and uncertainty by giving participants a definite price to trade around. This is in contrast to execution on retail spot exchanges, which can be laden with volatility, sudden price movements and significantly wider spreads.
The settlement price at each window will be derived from Tassat’s robust Bitcoin reference rates, based on executable, aggregated institutional-size quotes from over ten leading global OTC digital asset market makers. The Blockfills trading platform will handle the order flow, matching, execution and settlement of these trades, utilizing its institutional-grade electronic trading infrastructure.
Orders may be submitted on the Blockfills trading platform for a given TAS settlement time immediately after the conclusion of the prior session. Orders will be matched based on time priority at each spread level. Participants will be notified of their execution level shortly after the TAS price fixing time and transactions between counterparties will be settled no later than 60 minutes from notice of the execution price.
Josh Gibson, Director of Sales, Tassat said: “TAS provides a way to offset the risk of price movements on their futures positions and/or rebalance the gamma on option positions with no risk of excessive slippage. With the growth of digital asset derivatives, participants of all kinds will need new and efficient ways to hedge their positions.”
Neil Van Huis, Director of Sales and OTC Trading at Blockfills said: “Our goal at Blockfills is to establish a global digital asset trading and prime brokerage solution to help fuel innovation and institutional adoption of digital assets. This new TAS product will complement our existing offering of digital asset products and we look forward to leveraging on our already well- established partnership with Tassat."
Michel Finzi, Chief Commercial Officer, Tassat said: “We are very excited to be partnering with Blockfills to bring an important and proven execution methodology from the traditional markets to the growing digital asset marketplace. We design our reference rate products to be configurable so that they can be used for innovative products such as TAS and ultimately play a central role in the digital asset trading ecosystem.”
About Tassat
Tassat is a New York-based global financial technology provider of innovative solutions to financial markets utilizing blockchain-based technologies to enable frictionless asset transfer and settlement. Tassat has also created the first-of-its-kind margined deliverable swap contracts on Bitcoin as well as the first institutional OTC-based digital asset reference rates. For additional information, please visit tassat.com or connect with the Company on Twitter or LinkedIn.
About Blockfills
Blockfills is the first electronic, off exchange, digital liquidity provider operating an electronic communication network model (“ECN”). We provide aggressive streaming liquidity aggregation solutions, some of the deepest liquidity in world and cutting edge technologies to deploy this liquidity to end-users anonymously in an impactful way.
Blockfills sources its’ liquidity from the world’s largest non-bank trading institutions. We then match our clients to the best available price across our liquidity pools while completely eliminating the heavy lifting of sourcing price discovery. In addition, we offer the high touch support and professional market insight that is impossible to find at online exchanges while saving our clients time and money.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20191113005180/en/
Contact
Media:
Tassat Group LLC
Articulate Communications
E-Mail: tassat@articulatecomms.com
Phone: +1 646–661–4223
Questions about TAS:
Sales@blockfills.com
For questions about trading at Blockfills: www.blockfills.com
Phone: +1 312-235-1024
Source : Tassat
Saturday, November 16, 2019
Mercari partners Buyee for crossborder sales to over 100 countries
KUALA LUMPUR, Nov 15 -- Mercari Inc has began offering crossborder sales to over 100 countries via the Mercari consumer-to-consumer (C2C) marketplace app in partnership with Buyee, a proxy service for crossborder e-commerce operated by a wholly owned subsidiary of BEENOS Inc.
Through partnership with Buyee, overseas users can browse and search items listed on Mercari in Japanese, English and Chinese (traditional and simplified), and purchase items using popular overseas payment methods such as PayPal, Alipay and UnionPay.
With its mission to create value in a global marketplace where anyone can buy and sell, the company develops and operates Mercari, a marketplace app through which individuals can buy and sell items easily and safely.
Mercari is Japan's largest C2C marketplace, with approximately 14 million monthly users, a gross merchandise value (GMV) of approximately 530.7 billion JPY, and a total of over 1.1 billion items listed to date. (100 JPY = RM3.82)
Offering crossborder sales will allow people overseas to purchase items from Mercari, instead of limiting this only to users in Japan, and Mercari expects this to lead to increased sales opportunities.
Mercari will continue looking for ways to provide a safe and secure marketplace globally and fulfill its mission to create value in a global marketplace where anyone can buy and sell. More information at https://www.mercari.com/jp.
-- BERNAMA
Through partnership with Buyee, overseas users can browse and search items listed on Mercari in Japanese, English and Chinese (traditional and simplified), and purchase items using popular overseas payment methods such as PayPal, Alipay and UnionPay.
With its mission to create value in a global marketplace where anyone can buy and sell, the company develops and operates Mercari, a marketplace app through which individuals can buy and sell items easily and safely.
Mercari is Japan's largest C2C marketplace, with approximately 14 million monthly users, a gross merchandise value (GMV) of approximately 530.7 billion JPY, and a total of over 1.1 billion items listed to date. (100 JPY = RM3.82)
Offering crossborder sales will allow people overseas to purchase items from Mercari, instead of limiting this only to users in Japan, and Mercari expects this to lead to increased sales opportunities.
Mercari will continue looking for ways to provide a safe and secure marketplace globally and fulfill its mission to create value in a global marketplace where anyone can buy and sell. More information at https://www.mercari.com/jp.
-- BERNAMA
Friday, November 15, 2019
FINTERRA SIGNS MOU WITH KASIH HOLDINGS SDN BHD
KUALA LUMPUR, Nov 15 (Bernama) -- Finterra Technologies Sdn. Bhd. signed a memorandum of understanding (MOU) with Kasih Holdings Sdn Bhd, a non-profit organisation which seeks to help patients in need of medical treatment. The MOU exchange took place during the launching of the 7th edition of the Global Waqf Conference (GWC2019) on the 11th of November 2019 and was witnessed by YB Pn. Hajjah Fuziah binti Salleh, the Deputy Minister in the Prime Minister's Department (Religion). In attendance were H.H Prince Dr Bandar Bin Salman Bin Muhammad Al-Saud, Chairman of Al-Madinah International University, Waqf Custodian of the Two Holy Mosques, King Abdullah Bin Abdulaziz Al-Saud Rahimahu Allah, and H.R.H Sultan Muhammadu Sa’adu Abubakar III, Sultan of Sokoto, Nigeria, at Dewan Tun Abdul Razak, Menara Kembar Bank Rakyat Kuala Lumpur.
Finterra was represented by its Executive Chairman while Kasih Holdings Sdn Bhd, was represented by its Director, Dr Mohd Zaqrul Razmal Mohd Podzi. As part of this collaboration, funds will be raised using Finterra’s WAQF Chain platform for the purchase of medical equipment at Kasih Holdings Sdn Bhd’s Waqf hospital in Putrajaya and Clinic in Cyberjaya. The Kasih Waqf hospital and Clinic has been working to deliver healthcare services at affordable pricing to the public. The Kasih hospital will be one of the first waqf hospitals in Malaysia and is already in talks to branch out to Kelantan first and later to other states in the nation.
As of today, the WAQF Chain platform already supports four causes published by Kasih Holdings alone, in order to help raise capital for medical equipment, to help a girl suffering from second-degree burns, and a boy who has been diagnosed with a congenital heart defect. In the long run, the WAQF Chain hopes to draw a bigger audience and response from the public, to contribute to causes on the WAQF Chain platform and to support more initiatives that can help and support more NGOs.
About Finterra
Finterra is an organization providing blockchain-based Islamic applications. Established in 2017, it currently has offices in Malaysia, Singapore, Hong Kong, India, Oman and UAE, with plans to further expand into Africa and Middle East. Its ecosystem comprises of core banking, digital banking and blockchain solutions, which have been created to promote technical advancement in areas of transparency, traceability and OMNI Channel Digital Banking.
Finterra’s flagship product, the WAQF Chain, has been developed to revitalise Waqf for the digital age, using blockchain technology. With relevant regulatory compliance built into its services, WAQF Chain solves core challenges in unlocking the value of endowed assets, whilst integrating options for Capital raise, Waqf management, and Asset management.
SOURCE : Finterra
Finterra was represented by its Executive Chairman while Kasih Holdings Sdn Bhd, was represented by its Director, Dr Mohd Zaqrul Razmal Mohd Podzi. As part of this collaboration, funds will be raised using Finterra’s WAQF Chain platform for the purchase of medical equipment at Kasih Holdings Sdn Bhd’s Waqf hospital in Putrajaya and Clinic in Cyberjaya. The Kasih Waqf hospital and Clinic has been working to deliver healthcare services at affordable pricing to the public. The Kasih hospital will be one of the first waqf hospitals in Malaysia and is already in talks to branch out to Kelantan first and later to other states in the nation.
As of today, the WAQF Chain platform already supports four causes published by Kasih Holdings alone, in order to help raise capital for medical equipment, to help a girl suffering from second-degree burns, and a boy who has been diagnosed with a congenital heart defect. In the long run, the WAQF Chain hopes to draw a bigger audience and response from the public, to contribute to causes on the WAQF Chain platform and to support more initiatives that can help and support more NGOs.
About Finterra
Finterra is an organization providing blockchain-based Islamic applications. Established in 2017, it currently has offices in Malaysia, Singapore, Hong Kong, India, Oman and UAE, with plans to further expand into Africa and Middle East. Its ecosystem comprises of core banking, digital banking and blockchain solutions, which have been created to promote technical advancement in areas of transparency, traceability and OMNI Channel Digital Banking.
Finterra’s flagship product, the WAQF Chain, has been developed to revitalise Waqf for the digital age, using blockchain technology. With relevant regulatory compliance built into its services, WAQF Chain solves core challenges in unlocking the value of endowed assets, whilst integrating options for Capital raise, Waqf management, and Asset management.
SOURCE : Finterra
Enlitic completes US$25 million in Series B-1 funding round
KUALA LUMPUR, Nov 15 -- Enlitic Inc, a leading developer of artificial intelligence (AI) software has completed US$25 million in Series B-1 financing. (US$1 = RM4.15)
“Enlitic’s rapid growth, including our successful fundraising, points to the enthusiasm and confidence we have elicited in the marketplace with the development of our comprehensive AI software platform and our highly efficient business model,” said Enlitic chief executive officer, Kevin Lyman.
Thorney Investment Group, one of Australia’s leading investment groups, led the round and Enlitic’s existing investors – Capitol Health, Marubeni Corporation, Amplify Partners, The Jagen Group and Regal Funds Management – also participated.
Enlitic will use the proceeds for the next phase build-out of its comprehensive AI software platform and to further grow its global footprint with major regional partners in the healthcare industry, paving the way for market deployment next year.
In the same statement, Enlitic also announced the appointment of Lawrence Gozlan of The Jagen Group to its board of directors.
Since undergoing an executive reorganisation in June 2018, Enlitic has experienced unprecedented growth, including the completion of Series B funding with a US$15 million raise, and signing a significant joint development agreement with Marubeni Corporation and Konica-Minolta.
DHI Telecom acquires Yogofi, gains instant growth in Asia
KUALA LUMPUR, Nov 14 -- Houston-based DHI Telecom has acquired Singapore-based Yogofi, a high-performing startup in advanced mobile Wi-Fi, for global business and leisure travel.
This acquisition allows DHI to gain instant growth in Asia and an ideal synergy with technology, a statement said.
Yogofi operates virtual SIM platforms for more than 16,000 mobile devices with customers, including travel agencies, co-working spaces and global MNCs.
Its top mobile data markets are Europe, Japan, Singapore, the United States (US) and South Korea. The company clinched a space in the TOP100 Startups in Echelon Asia Summit 2019.
“We picked Yogofi for their incredible growth in the Asian mobile data market and their cloud-based virtual SIM platform. Yogofi’s B2C travel agency network in Asia is an ideal fit for our portfolio,” said DHI Telecom chief executive officer, Wallace Davis.
Yogofi is DHI’s fourth strategic acquisition in 12 months. The first being London-based Tep Wireless in Q4 2018, which immediately expanded DHI’s market with the US and UK business and leisure travellers.
DHI Telecom delivers advanced technical solutions in both private and public sectors, including fiber-optic lines, satellite uplinks, mobile Wi-Fi hotspots and commercial Internet. More information at https://www.dhitelecom.com.
-- BERNAMA
This acquisition allows DHI to gain instant growth in Asia and an ideal synergy with technology, a statement said.
Yogofi operates virtual SIM platforms for more than 16,000 mobile devices with customers, including travel agencies, co-working spaces and global MNCs.
Its top mobile data markets are Europe, Japan, Singapore, the United States (US) and South Korea. The company clinched a space in the TOP100 Startups in Echelon Asia Summit 2019.
“We picked Yogofi for their incredible growth in the Asian mobile data market and their cloud-based virtual SIM platform. Yogofi’s B2C travel agency network in Asia is an ideal fit for our portfolio,” said DHI Telecom chief executive officer, Wallace Davis.
Yogofi is DHI’s fourth strategic acquisition in 12 months. The first being London-based Tep Wireless in Q4 2018, which immediately expanded DHI’s market with the US and UK business and leisure travellers.
DHI Telecom delivers advanced technical solutions in both private and public sectors, including fiber-optic lines, satellite uplinks, mobile Wi-Fi hotspots and commercial Internet. More information at https://www.dhitelecom.com.
-- BERNAMA
Thursday, November 14, 2019
BFM selects Triton Digital for streaming audio, podcast content
KUALA LUMPUR, Nov 13 -- BFM, Malaysia's only independent business radio station has selected Triton Digital to power the delivery, monetisation and measurement of its streaming audio and podcast content.
“Triton provides reliable, sophisticated and a flexible suite of comprehensive audio technology. We look forward to having the support of Triton’s industry-leading technology and knowledgeable team as we continue to grow and evolve our digital audio strategy,” said BFM general manager, Meera Sivasothy in a statement.
Through this partnership, BFM will utilise Triton’s robust audio streaming network to deliver its high-quality business news and current affairs audio content online, and the Tap Ad Server to dynamically insert highly targeted audio ads into their streams.
To support their monetisation goals, BFM will leverage Triton’s programmatic audio marketplace and audio SSP to make their online audio and podcast inventory available to media buyers worldwide via open and private marketplace deals.
The radio station will also use Triton’s Webcast Metrics® service to measure BFM’s highly engaged online listening audience and the enterprise Omny Studio podcast management platform to capture, edit and distribute its podcast content.
“Our streaming and advertising technology will enable BFM to provide an increasingly enhanced and engaging listening experience for their audience and a higher return for their advertisers,” said managing director (Market Development and Strategy), Benjamin Masse.
Triton Digital® is the global technology and services leader to the digital audio and podcast industry. More information at https://www.tritondigital.com.
-- BERNAMA
“Triton provides reliable, sophisticated and a flexible suite of comprehensive audio technology. We look forward to having the support of Triton’s industry-leading technology and knowledgeable team as we continue to grow and evolve our digital audio strategy,” said BFM general manager, Meera Sivasothy in a statement.
Through this partnership, BFM will utilise Triton’s robust audio streaming network to deliver its high-quality business news and current affairs audio content online, and the Tap Ad Server to dynamically insert highly targeted audio ads into their streams.
To support their monetisation goals, BFM will leverage Triton’s programmatic audio marketplace and audio SSP to make their online audio and podcast inventory available to media buyers worldwide via open and private marketplace deals.
The radio station will also use Triton’s Webcast Metrics® service to measure BFM’s highly engaged online listening audience and the enterprise Omny Studio podcast management platform to capture, edit and distribute its podcast content.
“Our streaming and advertising technology will enable BFM to provide an increasingly enhanced and engaging listening experience for their audience and a higher return for their advertisers,” said managing director (Market Development and Strategy), Benjamin Masse.
Triton Digital® is the global technology and services leader to the digital audio and podcast industry. More information at https://www.tritondigital.com.
-- BERNAMA
PubMatic latest report highlights 3 key trends in mobile advertising
KUALA LUMPUR, Nov 13 -- Premium digital advertising technology company, PubMatic Inc has released its third Quarterly Mobile Index findings, highlighting three key Q3 2019 trends.
The report provides both advertisers and publishers with insights around mobile advertising, leading to smarter programmatic strategies and future mobile opportunities.
The findings showcase the effects that the massive growth in mobile ad buying has ushered, bringing in the newest era of mobile programmatic advertising.
The top three trends to watch are ‘The Next Wave of Mobile Advertising is Here’; ‘The Honeymoon Phase for Video and Mobile Isn’t Over, and the Industry is Expanding Around them’; and, ‘Mobile Header Bidding Has Finally Evolved as a Standard Industry Practice’.
As mobile continues to see double digit growth, despite already maintaining market dominance, the programmatic practices being done in developed markets have created more prosperity among emerging markets.
Based on PubMatic’s research, mobile ad platform spending continued to grow aggressively in Q3, rising 28 per cent over last quarter, while desktop ad platform spending declined slightly over the same period.
In this new era of programmatic mobile advertising, mobile-first economies can expect even faster adoption than with developed markets.
More details on the report at https://pubmatic.com/reports/pubmatic-quarterly-mobile-index-qmi-q3-2019/
-- BERNAMA
The report provides both advertisers and publishers with insights around mobile advertising, leading to smarter programmatic strategies and future mobile opportunities.
The findings showcase the effects that the massive growth in mobile ad buying has ushered, bringing in the newest era of mobile programmatic advertising.
The top three trends to watch are ‘The Next Wave of Mobile Advertising is Here’; ‘The Honeymoon Phase for Video and Mobile Isn’t Over, and the Industry is Expanding Around them’; and, ‘Mobile Header Bidding Has Finally Evolved as a Standard Industry Practice’.
As mobile continues to see double digit growth, despite already maintaining market dominance, the programmatic practices being done in developed markets have created more prosperity among emerging markets.
Based on PubMatic’s research, mobile ad platform spending continued to grow aggressively in Q3, rising 28 per cent over last quarter, while desktop ad platform spending declined slightly over the same period.
In this new era of programmatic mobile advertising, mobile-first economies can expect even faster adoption than with developed markets.
More details on the report at https://pubmatic.com/reports/pubmatic-quarterly-mobile-index-qmi-q3-2019/
-- BERNAMA
Wednesday, November 13, 2019
TELEDYNE E2V INTRODUCES INDUSTRY'S FIRST 1.3MP TIME-OF-FLIGHT SENSOR
New Bora 3D CMOS image sensor enables vision-guided robotics, logistics and surveillance
GRENOBLE, France, Nov 12 (Bernama-GLOBE NEWSWIRE) -- Teledyne e2v, a Teledyne Technologies [NYSE: TDY] company and global innovator of imaging solutions, announces its new Bora™ Time-of-Flight CMOS image sensor, tailored for 3D detection and distance measurement to support the latest industrial applications, including vision guided robotics, logistics and surveillance.
Based on an innovative 10µm pixel design and incorporating a resolution of 1280 x 1024 pixels, the Bora image sensor offers excellent sensitivity and a unique on-chip gated global shutter mode, which enables gating times of up to 42ns.
Bora’s highly flexible design allows:
- Greater adaptability to various scenarios, with precise 3D information detection and state-of-the-art 1.3MP depth resolution
- Scene capture with a large field-of-view in both 2D and 3D which enables cost effectiveness and system optimization, useful for static applications such as construction or architectural mapping
- Real-time 3D image capture with a depth map of over 30fps in a four-phase operation
- Robust reliability in challenging conditions, and short- and long-range capabilities which are immune to ambient light intrusions, using a unique HDR feature
The Bora sensor comes with an evaluation kit, comprised of a compact 1-inch optical format calibrated module, which includes a light source for near infrared illumination. It also includes optics targeted at performing the Time-of-Flight principle at short-range distances to 5m or mid-range distances to 10m, while capturing real-time 3D information at a full resolution of 1.3MP.
Ha Lan Do Thu, Marketing Manager for 3D imaging at Teledyne e2v said, “We are very pleased to announce our newest Time-of-Flight sensor, which provides customers with true 1.3MP depth resolution at more than 30 fps. The sensor uniquely achieves excellent precision and accuracy in 3D measurements and is highly flexible, handling both short- and long-range capture over 10 meters and in outdoor conditions.”
Samples and evaluation kits for short-range distances are now available. Evaluation kits for mid-range distances are available on demand. Please visit the product page or contact us for more information.
For media enquiries, please contact:
Jessica.Broom@teledyne.com | + 44 (0)1245 453607
Notes to Editors:
About Teledyne e2v
Teledyne e2v is part of the Teledyne Imaging Group. Their innovations lead developments in healthcare, life sciences, space, transportation, defence and security and industrial markets. Teledyne e2v’s unique approach involves listening to the market and application challenges of customers and partnering with them to provide innovative standard, semi-custom or fully-custom imaging solutions, bringing increased value to their systems. For more information imaging.teledyne-e2v.com
Teledyne Imaging is a group of leading-edge companies aligned under the Teledyne Technologies [TDY] 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.
http://mrem.bernama.com/viewsm.php?idm=36088
GRENOBLE, France, Nov 12 (Bernama-GLOBE NEWSWIRE) -- Teledyne e2v, a Teledyne Technologies [NYSE: TDY] company and global innovator of imaging solutions, announces its new Bora™ Time-of-Flight CMOS image sensor, tailored for 3D detection and distance measurement to support the latest industrial applications, including vision guided robotics, logistics and surveillance.
Based on an innovative 10µm pixel design and incorporating a resolution of 1280 x 1024 pixels, the Bora image sensor offers excellent sensitivity and a unique on-chip gated global shutter mode, which enables gating times of up to 42ns.
Bora’s highly flexible design allows:
- Greater adaptability to various scenarios, with precise 3D information detection and state-of-the-art 1.3MP depth resolution
- Scene capture with a large field-of-view in both 2D and 3D which enables cost effectiveness and system optimization, useful for static applications such as construction or architectural mapping
- Real-time 3D image capture with a depth map of over 30fps in a four-phase operation
- Robust reliability in challenging conditions, and short- and long-range capabilities which are immune to ambient light intrusions, using a unique HDR feature
The Bora sensor comes with an evaluation kit, comprised of a compact 1-inch optical format calibrated module, which includes a light source for near infrared illumination. It also includes optics targeted at performing the Time-of-Flight principle at short-range distances to 5m or mid-range distances to 10m, while capturing real-time 3D information at a full resolution of 1.3MP.
Ha Lan Do Thu, Marketing Manager for 3D imaging at Teledyne e2v said, “We are very pleased to announce our newest Time-of-Flight sensor, which provides customers with true 1.3MP depth resolution at more than 30 fps. The sensor uniquely achieves excellent precision and accuracy in 3D measurements and is highly flexible, handling both short- and long-range capture over 10 meters and in outdoor conditions.”
Samples and evaluation kits for short-range distances are now available. Evaluation kits for mid-range distances are available on demand. Please visit the product page or contact us for more information.
For media enquiries, please contact:
Jessica.Broom@teledyne.com | + 44 (0)1245 453607
Notes to Editors:
About Teledyne e2v
Teledyne e2v is part of the Teledyne Imaging Group. Their innovations lead developments in healthcare, life sciences, space, transportation, defence and security and industrial markets. Teledyne e2v’s unique approach involves listening to the market and application challenges of customers and partnering with them to provide innovative standard, semi-custom or fully-custom imaging solutions, bringing increased value to their systems. For more information imaging.teledyne-e2v.com
Teledyne Imaging is a group of leading-edge companies aligned under the Teledyne Technologies [TDY] 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.
http://mrem.bernama.com/viewsm.php?idm=36088
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