Dubai, United Arab Emirates, Dec 28 (Bernama-GLOBE NEWSWIRE) -- Jetex has received three prestigious recognitions at the World Travel Awards Grand Final:
• World’s Leading Private Jet Experience;
• World’s Leading FBO Brand; and
• World’s Leading Private Jet Terminal for Jetex Paris.
Jetex, an award-winning global leader in executive aviation, triumphed at the 28th annual World Travel Awards. Established in 1993, World Travel Awards acknowledge, reward and celebrate excellence across all sectors of the tourism industry. Today, they are recognized globally as the ultimate hallmark of quality, with winners setting the benchmark to which all others aspire. The voting process is online and engages qualified executives working within travel and tourism and the consumer travel buyer.
Jetex private terminals were voted the world’s number one, which isn’t the first time they won the top accolade since the first Jetex FBO opened in 2009. Paris Le Bourget is the busiest private jet airport in Europe and Jetex Paris has set a gold standard for the highest levels of comfort and efficiency both for passengers and crews. In August, it enjoyed global media limelight when hundreds of football fans cheered the arrival of Lionel Messi at Jetex Paris to join Paris Saint-Germain. Today, it has been voted the World’s Leading Private Jet Terminal.
In 2021, Jetex has further improved the entire travel journey to let travelers enjoy a safer and more seamless experience across all 34 international locations. It all contributed to Jetex being recognized for having implemented the World’s Leading Private Jet Experience, from departure to arrival. From the superior comfort of luxurious lounges and exceptional hospitality to the highest levels of aircraft handing expertise and on-time performance, Jetex FBOs around the globe continue leading the industry.
“At Jetex, we strive to enhance our products and guest experience to ensure we are delivering the industry’s highest standards and leading the way when it comes to innovation. We are honored that these awards have been voted for by travel and tourism professionals and consumers worldwide, and on behalf of the entire Jetex family, we extend our sincerest thanks to our partners and passengers worldwide,” said Adel Mardini, Founder and CEO of Jetex.
Graham Cooke, Founder, World Travel Awards, commented: “Jetex represents the very best of the private aviation universe and I congratulate them on these achievements. It plays a leading role in spearheading the executive aviation sector, facilitating seamless cross-border travel during the most trying times.”
Best known for the dramatic transformation of the FBO model, Jetex works closely with leading designers to create bright and airy terminals with luxury amenities ranging from entertainment lounges to lush outdoor gardens and state-of-the-art flight support centers. The company witnessed a substantial increase in private jet movements this year across its entire network and continued to benefit from the momentum to reinforce its brand recognition and awareness, which has now been cemented as the World’s Leading FBO Brand.
- END -
About Jetex:
An award-winning global leader in executive aviation, Jetex is recognized for delivering flexible, best-in-class trip support solutions to customers worldwide. Jetex provides exceptional private terminals (FBOs), aircraft fueling, ground handling and global trip planning. The company caters to both owners and operators of business jets for corporate, commercial and personal air travel. To find out more about Jetex, visit www.jetex.com and follow us on Instagram, Twitter, Facebook, and LinkedIn.
http://mrem.bernama.com/viewsm.php?idm=42047
Wednesday, December 29, 2021
Thursday, December 23, 2021
RIMKUS CONSULTING GROUP INC EXPANDS INTERNATIONAL FOOTPRINT WITH CAPITAL CONSULTING INTERNATIONAL ACQUISITION
KUALA LUMPUR, Dec 23 (Bernama) -- Rimkus Consulting Group Inc (Rimkus), a worldwide provider of forensic engineering and technical consulting services, has announced the acquisition of Capital Consulting International (CCi), a global consultancy of delay, quantum, and technical experts advising the insurance and construction industries.
As a result of the acquisition, Rimkus is significantly expanding the company’s international footprint in the United Kingdom, United Arab Emirates, Singapore, Australia, and New Zealand, according to a statement.
“We have been looking for the right opportunity to introduce the Rimkus name in areas where we have not been represented prior to this acquisition,” said Chairman and Executive Director, Rimkus Consulting Group, Curtis Brown.
“CCi’s unparalleled reputation in helping its clients resolve construction claims and disputes and geographic footprint greatly expand our capabilities worldwide.”
Meanwhile, Chief Executive Officer of Capital Consulting International, Alan Purbrick said: “Joining forces with Rimkus allows us to significantly expand our core skill sets, especially our forensic engineering and technical disciplines on insurance claims and construction disputes around the world.”
“This is a very special and unique day for both companies, and I am very much looking forward to being a part of our continuing journey together.”
Rimkus operates more than 101 offices across the United States, Canada, and the United Kingdom with a network of more than 1,100 employees.
More details at www.rimkus.com.
-- BERNAMA
Monday, December 20, 2021
FUSIONEX WINS CHANNEL ASIA INNOVATION AWARDS 2021 FOR THE HOMEGROWN INDEPENDENT SOFTWARE VENDOR CATEGORY
Fusionex Group CEO Dato’ Seri Ivan Teh (Photo: Business Wire)
SINGAPORE, Dec 20 (Bernama-BUSINESS WIRE) -- Channel
Asia presented data technology regional market leader Fusionex with the
Homegrown Independent Software Vendor award at the 2021 Innovation
Awards. The event is the largest celebration of ecosystem excellence in
delivering transformative customer solutions across Southeast Asia.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211219005025/en
Representing the entire ASEAN ecosystem, over 220 finalists were shortlisted from a pool of 90 organizations and more than 300 nominations, spanning partners, start-ups, telcos, vendors and distributors. Winners were announced during a virtual awards ceremony attended by more than 600 technology executives from across the region.
“We congratulate Fusionex on your recognition in the Homegrown Independent Software Vendor category. ASEAN is once again brimming with inspiring examples of innovation, raising the bar for industry excellence through the deployment of bleeding-edge technologies and solutions. Two words perfectly illustrate the DNA of the ASEAN technology ecosystem – tough and transformative in equal measure,” said International Data Group Strategic Partnerships and Innovation Vice President Cherry Yumul.
This award was accorded to Fusionex in recognition of establishing deep levels of market-leading analytics, big data, machine learning and AI expertise and specialist services to help local and international businesses overcome real-world challenges. By adopting a digital-first culture, Fusionex aims to reinvent digital experiences and accelerate modernization efforts to drive business continuity, resiliency and sustainability.
“We would like to thank Channel Asia for this prestigious award. It is a great privilege for us to receive the Homegrown Independent Software Vendor award as it pays tribute to excellence and leadership in the technology sector. This award reaffirms our efforts to enable and drive meaningful change via accessible, effective and state-of-the-art technology. With innovation at our very core, we look forward to developing strategic partnerships and collaborations with industry players to maximize productivity, accelerate growth and meet ever-evolving market demands,” said Fusionex Group CEO Dato’ Seri Ivan Teh.
The winners were selected by an executive panel of industry judges – acknowledging creativity, innovation and excellence.
About Fusionex
Fusionex is an established multi-award-winning data technology leader specializing in Analytics, Big Data Management, IR 4.0, Internet of Things, Machine Learning and Artificial Intelligence. Its state-of-the-art offerings are focused on helping clients unlock value and derive insights from data.
Featured on Forbes, Bloomberg, Gartner, IDC, Forrester, Edison, and Huffington Post, Fusionex is the largest Big Data Analytics company and market leader in ASEAN, bringing state-of-the-art, innovative, and breakthrough data-driven platforms to its stable of clientele (including Fortune 500, FTSE companies, large conglomerates, as well as a wide array of small and medium enterprises [SMEs]) that spans across the United States, Europe, as well as Asia Pacific. Fusionex is also a MDEC Global Acceleration and Innovation Network (GAIN) company.
Gartner’s report on Modern Analytics and Business Intelligence shortlisted and commended Fusionex’s data technology platform. In addition, Fusionex has been identified as a Major Player in IDC’s MarketScape Report for Big Data & Analytics. Fusionex is the only ASEAN-based company to be featured in both reports, cementing its credentials in the data technology market for this region.
To learn more about Fusionex, visit www.fusionexgroup.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20211219005025/en/
INDIA LAW FIRM CYRIL AMARCHAND MANGALDAS OPENS SINGAPORE PRACTICE
KUALA LUMPUR, Dec 20 (Bernama) -- India’s leading law firm, Cyril Amarchand Mangaldas (CAM) has announced opening its new foreign law practice in Singapore, Cyril Amarchand Mangaldas (Singapore) Pte Ltd (CAM Singapore).
CAM Singapore will operate as a licensed foreign law practice offering Indian law expertise including International Arbitration, focusing on delivering legal services across various practice areas.
Singapore is one of the leading business hubs in the world and enjoys a key role as a gateway to India, having also consolidated its position as the favoured regional HQ jurisdiction in Asia.
CAM aims to assist companies in Singapore and the region in navigating through the Indian legal and regulatory framework. CAM Singapore will initially focus on areas such as International Arbitration, Fintech, Investment Funds, Corporate Advisory, Private Equity, Capital Markets, Banking & Finance, Technology & Data Protection, Cross Border Insolvency and Private Client.
CAM Singapore will be moving into its new office premises at 61 Robinson Road #11-03, Singapore 068893. CAM Singapore will be led by Vivek Kathpalia, Managing Director & CEO and Dipti Bedi as Director, and will continue to grow the team in the coming months.
Kathpalia, with over 22 years of experience, 14 of which have been in Singapore as a licensed foreign lawyer, has vast experience of advising varied clientele in Singapore, Japan and globally, with respect to their Indian law requirements and developing key markets with a focus on India.
Bedi has over 13 years of experience with a focus in banking and finance, international arbitration, disputes and employment. Having worked with CAM for seven years and rejoining in February this year, she will be transitioning from the representative office in Singapore to CAM Singapore.
On the Singapore office opening, Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas said in a statement: “The opening of the Singapore office is a part of the Firm’s larger strategic view of Singapore as a thriving hub for Asia Pacific and also for the Firm’s domestic and international clientele.
“Singapore remains a key focus for us with immense potential and growth opportunities. We are pleased to announce that we now have a functional foreign law licensed office in Singapore.”
-- BERNAMA
Friday, December 17, 2021
CROWDSTRIKE APAC NAMED FROST & SULLIVAN ENDPOINT SECURITY INDUSTRY COMPANY OF THE YEAR AND WAS ALSO RECOGNIZED AS A CUSTOMERS' CHOICE BY GARTNER
As today's adversaries become more sophisticated, only CrowdStrike provides full, automated protection across endpoints, cloud workloads, identity and data without impacting performance and end-user productivity.
SYDNEY, Dec 17 (Bernama-BUSINESS WIRE) -- CrowdStrike Inc., a leader in cloud-delivered protection of endpoints, cloud workloads, identity and data, was selected by Frost & Sullivan as the 2021 Asia-Pacific Endpoint Security Company of the Year. This is the second analyst acknowledgement for CrowdStrike in APAC in quick succession after being recognised by Gartner, Inc. as a ‘Customers’ Choice’ in the 2021 Gartner Peer Insights™ ‘Voice of the Customer’: Endpoint Protection Platforms (EPP) report[1].
As the world’s most tested next-gen endpoint protection solution, these prestigious recognitions mark yet another third-party validation to the power of CrowdStrike Falcon – the only truly cloud-native, single-agent endpoint security platform on the market. The CrowdStrike Falcon platform was built as a transformative cloud-native solution to establish a new standard in security. For organizations around the world, CrowdStrike secures the most critical areas of enterprise risk – endpoints and cloud workloads, identity, and data. Its unique approach starts with its single, intelligent lightweight agent that enables frictionless deployment of the platform at scale. Falcon is the only technology that enables customers to rapidly adopt technology across any workload running on multiple endpoints.
Frost & Sullivan called out CrowdStrike for continually improving its platform with enhancements, applications, and capabilities; and for maintaining a focus to stop breaches and keep customers secure with a solution for the future of endpoint security.
In the Gartner Peer Insights ‘Voice of the Customer’ EPP report, CrowdStrike received the highest rating of 4.8/5 based on 260 reviews and as of August 2021. Out of 18 vendors assessed in the report, CrowdStrike recorded the highest “Willingness to Recommend” from customers at 98%.
“Endpoint security is a cornerstone of any mature cybersecurity framework. When companies deploy legacy solutions designed to catch and remediate malware or next generation point products that are not effective at stopping attacks and are too complex to deploy and use, these solutions are not fit for purpose against modern adversaries. They simply don’t keep users safe,” said Fabio Fratucello, chief technology officer for Asia Pacific and Japan at CrowdStrike. “As more systems move towards cloud-based environments, this shift requires a single platform that lowers costs, limits data complexity, and mitigates multiple software use and that is where CrowdStrike Falcon wins. This recognition is testament to the focus and vision CrowdStrike has in the Asia Pacific region which is a key pillar in the company’s overall growth strategy.”
The ‘Company of the Year Award’ is a top honour recognising the market participant that exemplifies vision, innovation, market-leading performance, and unmatched customer care. Frost & Sullivan analysts independently evaluate companies based on a range of criteria including leadership focus, best practices implementation, financial performance, price/performance value, customer experience and addressing unmet needs.
“CrowdStrike focuses on the user experience, and, because of Falcon’s advanced AI capabilities, the company services businesses of all sizes,” said Steven Lopez, best practices research analyst for Frost & Sullivan. “CrowdStrike’s growing customer base shows promising customer retention rates thanks to its visionary innovation and customer-centric approach.”
The Gartner Peer Insights Customers’ Choice is based on feedback and ratings from end-user professionals who purchase, implement and/or use the CrowdStrike Falcon platform. The Gartner Peer Insights methodology collects data to help clients with a synthesis of which vendor products are the most highly rated by customers for EPP solutions. Vendors recognized as a Customers’ Choice must have 50 or more approved ratings and an average overall rating of 4.5 stars or greater. In addition to providing an overall score, Gartner Peer Insights allows customers and prospects to pivot by company size, vertical, geography, date and reviewer role.
Required Disclaimer:
Gartner Peer Insights Customers’ Choice constitute the subjective opinions of individual end-user reviews, ratings, and data applied against a documented methodology; they neither represent the views of, nor constitute an endorsement by, Gartner or its affiliates.
Disclaimer:
Gartner Peer Insights reviews constitute the subjective opinions of individual end users based on their own experiences and do not represent the views of Gartner or its affiliates. Gartner and Gartner Peer Insights are registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and are used herein with permission. All rights reserved.
About CrowdStrike
CrowdStrike Holdings, Inc. (Nasdaq: CRWD), a global cybersecurity leader, is redefining security for the cloud era with an endpoint and workload protection platform built from the ground up to stop breaches. The CrowdStrike Falcon® platform’s single lightweight-agent architecture leverages cloud-scale artificial intelligence (AI) and offers real-time protection and visibility across the enterprise, preventing attacks on endpoints and workloads on or off the network. Powered by the proprietary CrowdStrike Threat Graph®, CrowdStrike Falcon captures approximately 1 trillion high-fidelity signals per day in real time from across the globe, fueling one of the world’s most advanced data platforms for security.
With CrowdStrike, customers benefit from better protection, better performance and immediate time-to-value delivered by the cloud-native Falcon platform.
There’s only one thing to remember about CrowdStrike: We stop breaches.
Qualifying organizations can gain full access to Falcon Prevent™ by starting a free trial.
Learn more: https://www.crowdstrike.com/
Follow us: Blog | Twitter
© 2021 CrowdStrike, Inc. All rights reserved. CrowdStrike, the falcon logo, CrowdStrike Falcon and CrowdStrike Threat Graph are marks owned by CrowdStrike, Inc. and registered with the United States Patent and Trademark Office, and in other countries. CrowdStrike owns other trademarks and service marks, and may use the brands of third parties to identify their products and services.
[1] Gartner, Peer Insights ‘Voice of the Customer’: Endpoint Protection Platforms, Peer Contributors, 25 November 2021.
http://mrem.bernama.com/viewsm.php?idm=41978
SYDNEY, Dec 17 (Bernama-BUSINESS WIRE) -- CrowdStrike Inc., a leader in cloud-delivered protection of endpoints, cloud workloads, identity and data, was selected by Frost & Sullivan as the 2021 Asia-Pacific Endpoint Security Company of the Year. This is the second analyst acknowledgement for CrowdStrike in APAC in quick succession after being recognised by Gartner, Inc. as a ‘Customers’ Choice’ in the 2021 Gartner Peer Insights™ ‘Voice of the Customer’: Endpoint Protection Platforms (EPP) report[1].
As the world’s most tested next-gen endpoint protection solution, these prestigious recognitions mark yet another third-party validation to the power of CrowdStrike Falcon – the only truly cloud-native, single-agent endpoint security platform on the market. The CrowdStrike Falcon platform was built as a transformative cloud-native solution to establish a new standard in security. For organizations around the world, CrowdStrike secures the most critical areas of enterprise risk – endpoints and cloud workloads, identity, and data. Its unique approach starts with its single, intelligent lightweight agent that enables frictionless deployment of the platform at scale. Falcon is the only technology that enables customers to rapidly adopt technology across any workload running on multiple endpoints.
Frost & Sullivan called out CrowdStrike for continually improving its platform with enhancements, applications, and capabilities; and for maintaining a focus to stop breaches and keep customers secure with a solution for the future of endpoint security.
In the Gartner Peer Insights ‘Voice of the Customer’ EPP report, CrowdStrike received the highest rating of 4.8/5 based on 260 reviews and as of August 2021. Out of 18 vendors assessed in the report, CrowdStrike recorded the highest “Willingness to Recommend” from customers at 98%.
“Endpoint security is a cornerstone of any mature cybersecurity framework. When companies deploy legacy solutions designed to catch and remediate malware or next generation point products that are not effective at stopping attacks and are too complex to deploy and use, these solutions are not fit for purpose against modern adversaries. They simply don’t keep users safe,” said Fabio Fratucello, chief technology officer for Asia Pacific and Japan at CrowdStrike. “As more systems move towards cloud-based environments, this shift requires a single platform that lowers costs, limits data complexity, and mitigates multiple software use and that is where CrowdStrike Falcon wins. This recognition is testament to the focus and vision CrowdStrike has in the Asia Pacific region which is a key pillar in the company’s overall growth strategy.”
The ‘Company of the Year Award’ is a top honour recognising the market participant that exemplifies vision, innovation, market-leading performance, and unmatched customer care. Frost & Sullivan analysts independently evaluate companies based on a range of criteria including leadership focus, best practices implementation, financial performance, price/performance value, customer experience and addressing unmet needs.
“CrowdStrike focuses on the user experience, and, because of Falcon’s advanced AI capabilities, the company services businesses of all sizes,” said Steven Lopez, best practices research analyst for Frost & Sullivan. “CrowdStrike’s growing customer base shows promising customer retention rates thanks to its visionary innovation and customer-centric approach.”
The Gartner Peer Insights Customers’ Choice is based on feedback and ratings from end-user professionals who purchase, implement and/or use the CrowdStrike Falcon platform. The Gartner Peer Insights methodology collects data to help clients with a synthesis of which vendor products are the most highly rated by customers for EPP solutions. Vendors recognized as a Customers’ Choice must have 50 or more approved ratings and an average overall rating of 4.5 stars or greater. In addition to providing an overall score, Gartner Peer Insights allows customers and prospects to pivot by company size, vertical, geography, date and reviewer role.
Required Disclaimer:
Gartner Peer Insights Customers’ Choice constitute the subjective opinions of individual end-user reviews, ratings, and data applied against a documented methodology; they neither represent the views of, nor constitute an endorsement by, Gartner or its affiliates.
Disclaimer:
Gartner Peer Insights reviews constitute the subjective opinions of individual end users based on their own experiences and do not represent the views of Gartner or its affiliates. Gartner and Gartner Peer Insights are registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and are used herein with permission. All rights reserved.
About CrowdStrike
CrowdStrike Holdings, Inc. (Nasdaq: CRWD), a global cybersecurity leader, is redefining security for the cloud era with an endpoint and workload protection platform built from the ground up to stop breaches. The CrowdStrike Falcon® platform’s single lightweight-agent architecture leverages cloud-scale artificial intelligence (AI) and offers real-time protection and visibility across the enterprise, preventing attacks on endpoints and workloads on or off the network. Powered by the proprietary CrowdStrike Threat Graph®, CrowdStrike Falcon captures approximately 1 trillion high-fidelity signals per day in real time from across the globe, fueling one of the world’s most advanced data platforms for security.
With CrowdStrike, customers benefit from better protection, better performance and immediate time-to-value delivered by the cloud-native Falcon platform.
There’s only one thing to remember about CrowdStrike: We stop breaches.
Qualifying organizations can gain full access to Falcon Prevent™ by starting a free trial.
Learn more: https://www.crowdstrike.com/
Follow us: Blog | Twitter
© 2021 CrowdStrike, Inc. All rights reserved. CrowdStrike, the falcon logo, CrowdStrike Falcon and CrowdStrike Threat Graph are marks owned by CrowdStrike, Inc. and registered with the United States Patent and Trademark Office, and in other countries. CrowdStrike owns other trademarks and service marks, and may use the brands of third parties to identify their products and services.
[1] Gartner, Peer Insights ‘Voice of the Customer’: Endpoint Protection Platforms, Peer Contributors, 25 November 2021.
http://mrem.bernama.com/viewsm.php?idm=41978
Leena AI listed Representative Vendor in Gartner Market Guide
KUALA LUMPUR, Dec 16 -- Leena AI, the company that’s revolutionising enterprise employee experience, announced it was listed as a Representative Vendor in 2021 Gartner’s Market Guide for Integrated HR Service Management Solutions for the second consecutive year.
“We are pleased to be recognised in Gartner’s report for helping businesses streamline their employee workflows. Our AI-led innovation automates HR processes, thereby enabling enterprises to deliver great employee experiences across different functional areas.
“Leena AI’s inclusion in the market guide further validates our position at the forefront of the HR-tech ecosystem,” said co-founder and chief executive officer of Leena AI, Adit Jain, in a statement.
According to Gartner, “Integrated HR service management (IHRSM) solutions have the ability to manage end-to-end workflows for work and life transitions. In addition, by 2024, 70 per cent of organisations with more than 2,500 employees will have invested in an IHRSM solution.”
Founded in 2018, Leena AI plays well with 100 plus platforms, including SAP SuccessFactors, ADP, Oracle, Workday and Microsoft Office 365, and over 200+ customers, including companies like Nestle, Puma, and AirAsia.
More details at https://leena.ai.
-- BERNAMA
Thursday, December 16, 2021
NIKKISO CLEAN ENERGY & INDUSTRIAL GASES GROUP JOINS CALIFORNIA FUEL CELL PARTNERSHIP AS AMBASSADOR
KUALA LUMPUR, Dec 15 (Bernama) -- Nikkiso Clean Energy & Industrial Gases Group (Group), a subsidiary of Nikkiso Co Ltd (Japan), announced they have joined the California Fuel Cell Partnership (CaFCP) as an Ambassador.
“We are excited to be part of CaFCP to provide clean energy alternatives and look forward to collaborate with other CaFCP members in the fuel cell hydrogen fuel market,” according to Chief Executive Officer of Nikkiso Clean Energy & Industrial Gases Group, Peter Wagner.
The association is driving to establish 200 hydrogen fueling stations by 2025 for a sustainable future for zero emission cars, trucks and buses. Joining the CaFCP is part of the Group’s commitment to leading the change to a healthier world.
Furthermore, the Group is expanding their global operations, opening a new engineering and service facility in Houston and Korea this year, and a new centre in Germany in 2022, according to a statement.
There are several new hydrogen products under development, such as the first mobile Hydrogen refueler pumps, high capacity / high pressure reciprocating hydrogen pumps and containerized liquid hydrogen re-fueling stations.
Cryogenic Industries Inc (now a member of Nikkiso Co Ltd) member companies manufacture engineered cryogenic gas processing equipment and small-scale process plants for the liquefied natural gas (LNG), well services and industrial gas industries.
More details at www.nikkisoCEIG.com.
-- BERNAMA
Wednesday, December 15, 2021
WOLTERS KLUWER FRR TRIUMPHS IN APAC LEADERSHIP, REGULATORY REPORTING AND RISK AWARDS
SINGAPORE, Dec 16 (Bernama-BUSINESS WIRE) -- Wolters
Kluwer’s Finance, Risk & Regulatory Reporting (FRR) business has
won a number of major awards for the Asia Pacific (APAC) region. Regulation Asia has named Wolters Kluwer’s OneSumX for FRR the “Best Solution in Regulatory Reporting” in its prestigious Awards for Excellence for the third time in four years and APAC Insider has recognized the company’s leading position in risk and regulatory reporting, as has RegTech Insights. The company’s Managing Director for APAC, Rainer Fuchsluger, has also won an executive leadership award from CEO Monthly magazine.
Regulation Asia is a leading online publication, providing actionable regulatory intelligence for APAC markets. Since its inception in 2013, its audience has grown to include regulatory bodies, exchanges, banks, asset managers and service providers, allowing it to play a key role in the regulatory agenda. Its free to enter Awards for Excellence program recognizes companies that have shaped the regulatory landscape across APAC, providing independent verification of excellence and innovation.
Regulation Asia judges noted how “in July, more than 30 banks in Singapore went live with the revised MAS 610 reporting requirement, smoothly and without incident, using OneSumX.” The judges also noted how “OneSumX for Regulatory Reporting enables financial institutions to address increasingly complex regulatory data and reporting requirements, leveraging an upgraded regulatory engine that dramatically improves execution speed and performance.”
CEO Monthly magazine, meanwhile, has recognized the regional leadership of Fuchsluger, naming him RegTech Executive of the Year, APAC, 2021. With 20 years of experience in leading various financial services teams, Fuchsluger joined Wolters Kluwer in 2018 from SS&C Technologies where he was Regional Managing Director, Asia, of the Institutional and Investment Management business. Prior to this he held senior leadership roles at global FinTech firms across Europe and Asia. He is an Executive Member of Wolters Kluwer’s Sustainability Governance Board.
Other independently judged awards recently won by Wolters Kluwer FRR APAC include:
Regulation Asia is a leading online publication, providing actionable regulatory intelligence for APAC markets. Since its inception in 2013, its audience has grown to include regulatory bodies, exchanges, banks, asset managers and service providers, allowing it to play a key role in the regulatory agenda. Its free to enter Awards for Excellence program recognizes companies that have shaped the regulatory landscape across APAC, providing independent verification of excellence and innovation.
Regulation Asia judges noted how “in July, more than 30 banks in Singapore went live with the revised MAS 610 reporting requirement, smoothly and without incident, using OneSumX.” The judges also noted how “OneSumX for Regulatory Reporting enables financial institutions to address increasingly complex regulatory data and reporting requirements, leveraging an upgraded regulatory engine that dramatically improves execution speed and performance.”
CEO Monthly magazine, meanwhile, has recognized the regional leadership of Fuchsluger, naming him RegTech Executive of the Year, APAC, 2021. With 20 years of experience in leading various financial services teams, Fuchsluger joined Wolters Kluwer in 2018 from SS&C Technologies where he was Regional Managing Director, Asia, of the Institutional and Investment Management business. Prior to this he held senior leadership roles at global FinTech firms across Europe and Asia. He is an Executive Member of Wolters Kluwer’s Sustainability Governance Board.
Other independently judged awards recently won by Wolters Kluwer FRR APAC include:
- RegTech Insights: Best Vendor Solution for MAS 610, APAC, 2021
- RegTech Insights: Best Regulatory Reporting Solution, APAC, 2021
- APAC Insider: Regulatory Reporting Provider of the Year – Singapore, 2021
- APAC Insider: Best Risk Firm of the Year, APAC, 2021
- APAC Insider: Best Regulatory Reporting Technology Firm of the Year, APAC, 2021
Wolters
Kluwer’s FRR business, which is part of the company’s Governance, Risk
& Compliance (GRC) division, is a global market leader in the
provision of integrated regulatory compliance and reporting solutions.
These solutions support regulated financial institutions in meeting
their obligations to external regulators and their own boards of
directors.
Last month Wolters Kluwer announced that it has enjoyed its most successful year ever in the widely followed Chartis RiskTech100® report. The company has been named this year's Category Winner in four areas - Regulatory Reporting – Banking, Liquidity Risk, Regulatory Intelligence and OpsTech – Tax Processing. This comprehensive and independent study of the world’s leading risk and compliance technology companies is compiled by Chartis Research, part of Infopro Digital, publishers of Risk.net and Waters Technology.
The other banking and regulatory compliance business of Wolters Kluwer GRC is Wolters Kluwer Compliance Solutions - a market leader and trusted provider of risk management and regulatory compliance solutions and services to U.S. insurers, banks and credit unions, and securities firms. The division’s legal solutions businesses are Wolters Kluwer CT Corporation and Wolters Kluwer ELM Solutions.
About Wolters Kluwer Governance, Risk & Compliance
Governance, Risk & Compliance is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to help ensure compliance with ever-changing regulatory and legal obligations, manage risk, increase efficiency, and produce better business outcomes. GRC offers a portfolio of technology-enabled expert services and solutions focused on legal entity compliance, legal operations management, banking product compliance, and banking regulatory compliance.
Wolters Kluwer (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. Wolters Kluwer reported 2020 annual revenues of €4.6 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,200 people worldwide.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20211215005569/en/
Contact
Paul Lyon
Global Corporate Communications Director: Global Marketing, Communications & Planning
Governance, Risk & Compliance Division
Wolters Kluwer
Tel: +44 20 3197 6586
Paul.Lyon@wolterskluwer.com
Source : Wolters Kluwer
Last month Wolters Kluwer announced that it has enjoyed its most successful year ever in the widely followed Chartis RiskTech100® report. The company has been named this year's Category Winner in four areas - Regulatory Reporting – Banking, Liquidity Risk, Regulatory Intelligence and OpsTech – Tax Processing. This comprehensive and independent study of the world’s leading risk and compliance technology companies is compiled by Chartis Research, part of Infopro Digital, publishers of Risk.net and Waters Technology.
The other banking and regulatory compliance business of Wolters Kluwer GRC is Wolters Kluwer Compliance Solutions - a market leader and trusted provider of risk management and regulatory compliance solutions and services to U.S. insurers, banks and credit unions, and securities firms. The division’s legal solutions businesses are Wolters Kluwer CT Corporation and Wolters Kluwer ELM Solutions.
About Wolters Kluwer Governance, Risk & Compliance
Governance, Risk & Compliance is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to help ensure compliance with ever-changing regulatory and legal obligations, manage risk, increase efficiency, and produce better business outcomes. GRC offers a portfolio of technology-enabled expert services and solutions focused on legal entity compliance, legal operations management, banking product compliance, and banking regulatory compliance.
Wolters Kluwer (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. Wolters Kluwer reported 2020 annual revenues of €4.6 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,200 people worldwide.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20211215005569/en/
Contact
Paul Lyon
Global Corporate Communications Director: Global Marketing, Communications & Planning
Governance, Risk & Compliance Division
Wolters Kluwer
Tel: +44 20 3197 6586
Paul.Lyon@wolterskluwer.com
Source : Wolters Kluwer
FROST & SULLIVAN NAMES VONAGE ASIA-PACIFIC COMMUNICATIONS PLATFORM AS A SERVICE (CPAAS) COMPANY OF THE YEAR FOR THIRD CONSECUTIVE YEAR
HOLMDEL, N.J. Dec 16 (Bernama-BUSINESS WIRE) -- Vonage (Nasdaq: VG), a
global business cloud communications leader helping businesses
accelerate their digital transformation, has been named Asia-Pacific
Communications Platform as a Service (CPaaS) Company of the Year by
Frost & Sullivan for the third consecutive year.
Vonage was recognised for its API Platform, which allows for the integration of fully programmable communications application programming interfaces (APIs) into existing products, workflows and systems. Vonage provides businesses worldwide with the power and flexibility to integrate multiple communications channels − video, voice, chat, messaging, email and verification − into their applications, products, and workflows to create new paradigms in their industries.
Vonage was selected as Company of the Year by Frost & Sullivan following a rigorous analytical process, involving a detailed evaluation of best practices’ criteria across two dimensions - visionary innovation and performance, and customer impact.
“The pressing need for organisations to deliver enhanced engagements to customers and partners and improve internal employee collaboration quickly makes CPaaS the central element in the business communications market,” said Sherrel Roche, Industry Principal ICT Practice, Frost & Sullivan.
Roche continued, “Vonage reinvigorated the market through its integrated communications APIs, unified communications, and contact centre solutions on a cloud platform. Its platform abstracts the complexities of the global communications networks and delivers voice, messaging, and authentication capabilities in the form of APIs that developers can easily embed into third-party applications. Vonage’s focus on developing innovative solutions, local market understanding, extensive industry-specific use cases, an extensive developer network, and a robust partner ecosystem are the cornerstone of the company’s success in Asia-Pacific.”
"It is an honour to be recognised by Frost & Sullivan for the third consecutive year,” said John Lee, Vonage Vice President, APAC Sales. "This award is testament to our continued leadership, innovation and growth within the industry and especially in the Asia-Pacific region. In an age where customers expect ultra-fast, seamless and dynamic communications and engagement, Vonage is meeting new and existing customer needs now and is positioned to meet their evolving needs well into the future.”
Vonage APIs make it easy for businesses to build solutions to disrupt their industries, and enable the type of business continuity, remote work, and remote delivery of services that is so essential in today's environment. Through its partners, Vonage’s platform is at the centre of many notable transformational projects in Asia-Pacific.
Singapore-based HeyHi is an interactive online educational platform, powered by the Vonage Video API, with a mission to provide outstanding online classroom learning experiences to schools, learning centres, tuition centres and private tutors around the world. The value that Vonage brings to HeyHi goes beyond technology, as Vonage product managers and engineers provide HeyHi with expert guidance and support whenever needed - no matter the issue.
"HeyHi and Vonage engineering teams work in close collaboration to solve problems, innovate our solution and not only meet, but exceed our customers' expectations," explains Yueh Mei, Founder/CEO of HeyHi. "As a small company, it is an honour and a privilege to have a direct line of contact with the Vonage team of sales support and engineers and work directly with the source. That connection is a very unique, important element of this partnership and just one reason why we're so confident that Vonage is the perfect fit for our needs."
To find out more about Vonage, visit www.vonage.com.
About Vonage
Vonage (Nasdaq:VG) is redefining business communications once again. We're making communications more flexible, intelligent, and personal, to help enterprises the world over, stay ahead. We provide unified communications, contact centers and programmable communications APIs, built on the world's most flexible cloud communications platform. True to our roots as a technology disruptor, our flexible approach helps us to better serve the growing collaboration, communications, and customer experience needs of companies, across all communications channels.
Vonage Holdings Corp. is headquartered in New Jersey, with offices throughout the United States, Europe, and Asia. To follow Vonage on Twitter, please visit www.twitter.com/vonage. To become a fan on Facebook, go to www.facebook.com/vonage. To subscribe on YouTube, visit www.youtube.com/vonage.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20211216005059/en/
Contact
Media: Nicola Brookes, +44 (0)207 785 8888, nicola.brookes@vonage.com
Investor: Monica Gould (212) 871-3927, ir@vonage.com
Source : Vonage
Vonage was recognised for its API Platform, which allows for the integration of fully programmable communications application programming interfaces (APIs) into existing products, workflows and systems. Vonage provides businesses worldwide with the power and flexibility to integrate multiple communications channels − video, voice, chat, messaging, email and verification − into their applications, products, and workflows to create new paradigms in their industries.
Vonage was selected as Company of the Year by Frost & Sullivan following a rigorous analytical process, involving a detailed evaluation of best practices’ criteria across two dimensions - visionary innovation and performance, and customer impact.
“The pressing need for organisations to deliver enhanced engagements to customers and partners and improve internal employee collaboration quickly makes CPaaS the central element in the business communications market,” said Sherrel Roche, Industry Principal ICT Practice, Frost & Sullivan.
Roche continued, “Vonage reinvigorated the market through its integrated communications APIs, unified communications, and contact centre solutions on a cloud platform. Its platform abstracts the complexities of the global communications networks and delivers voice, messaging, and authentication capabilities in the form of APIs that developers can easily embed into third-party applications. Vonage’s focus on developing innovative solutions, local market understanding, extensive industry-specific use cases, an extensive developer network, and a robust partner ecosystem are the cornerstone of the company’s success in Asia-Pacific.”
"It is an honour to be recognised by Frost & Sullivan for the third consecutive year,” said John Lee, Vonage Vice President, APAC Sales. "This award is testament to our continued leadership, innovation and growth within the industry and especially in the Asia-Pacific region. In an age where customers expect ultra-fast, seamless and dynamic communications and engagement, Vonage is meeting new and existing customer needs now and is positioned to meet their evolving needs well into the future.”
Vonage APIs make it easy for businesses to build solutions to disrupt their industries, and enable the type of business continuity, remote work, and remote delivery of services that is so essential in today's environment. Through its partners, Vonage’s platform is at the centre of many notable transformational projects in Asia-Pacific.
Singapore-based HeyHi is an interactive online educational platform, powered by the Vonage Video API, with a mission to provide outstanding online classroom learning experiences to schools, learning centres, tuition centres and private tutors around the world. The value that Vonage brings to HeyHi goes beyond technology, as Vonage product managers and engineers provide HeyHi with expert guidance and support whenever needed - no matter the issue.
"HeyHi and Vonage engineering teams work in close collaboration to solve problems, innovate our solution and not only meet, but exceed our customers' expectations," explains Yueh Mei, Founder/CEO of HeyHi. "As a small company, it is an honour and a privilege to have a direct line of contact with the Vonage team of sales support and engineers and work directly with the source. That connection is a very unique, important element of this partnership and just one reason why we're so confident that Vonage is the perfect fit for our needs."
To find out more about Vonage, visit www.vonage.com.
About Vonage
Vonage (Nasdaq:VG) is redefining business communications once again. We're making communications more flexible, intelligent, and personal, to help enterprises the world over, stay ahead. We provide unified communications, contact centers and programmable communications APIs, built on the world's most flexible cloud communications platform. True to our roots as a technology disruptor, our flexible approach helps us to better serve the growing collaboration, communications, and customer experience needs of companies, across all communications channels.
Vonage Holdings Corp. is headquartered in New Jersey, with offices throughout the United States, Europe, and Asia. To follow Vonage on Twitter, please visit www.twitter.com/vonage. To become a fan on Facebook, go to www.facebook.com/vonage. To subscribe on YouTube, visit www.youtube.com/vonage.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20211216005059/en/
Contact
Media: Nicola Brookes, +44 (0)207 785 8888, nicola.brookes@vonage.com
Investor: Monica Gould (212) 871-3927, ir@vonage.com
Source : Vonage
NEP STRENGTHENS GLOBAL CENTRALISED PRODUCTION NETWORK WITH SECOND-GENERATION, ALL-4K ANDREWS HUB UPGRADE
KUALA LUMPUR, Dec 14 (Bernama) -- NEP Australia, a Broadcast Company of NEP Group, the leading media technology partner of content producers worldwide, announced the launch of its second-generation Andrews Hub, capable of supporting all-4K HDR broadcasts through the largest set of facilities worldwide built for Tier 1 live sports coverage.
According to a statement, first opened in 2017, the Andrews Hub is part of NEP’s growing network of centralised production centres and a global production ecosystem.
With its main facilities located in Sydney and Melbourne, and satellite locations, or ‘spokes’, in Adelaide and Brisbane, the Andrews Hub has supported numerous clients in producing shows across continents, often thousands of kilometres away from where the match or live event is taking place – even across the Pacific Ocean.
Demand for remote production began well before COVID-19 when broadcasters realised the benefits of a more efficient and environmentally sustainable approach in which technical producers and directors, replay operators, graphics teams, and on-air talent could all be in different places from where the action was captured.
“In 2017, when we launched the Andrews Hub, we went to the moon and back in every centralised IP broadcast each day,” said President of NEP Australia, New Zealand & Japan, Soames Treffry.
“Our second-generation Andrews Hub is a story of continued investment and innovation in how we’ve built the largest-scale, 4K, centralised production complex on the planet.
As part of its expansion, NEP will build four new control rooms and upgrade its Network Operations Centers to meet increased demand.
Work areas for shading and HDR grading of footage before it goes on air will be added, as well as new ‘mini’ studios and commentary suites for on-screen, off-tube commentary.
Other advancements include expanded state-of-the-art facilities using 100 per cent IP, scalable technology, designed to have the lowest possible impact on the environment; and, the introduction of the ‘hybrid grip’, a new, all-in-one-style tender/grip trailer with on-board streaming technology built in and ready to hit the road.
-- BERNAMA
Tuesday, December 14, 2021
FPT SOFTWARE AND IFA PARTNER TO RAMP UP BLOCKCHAIN-BACKED INFORMATION BANKING SERVICE
(Graphic: Business Wire)
HANOI, Vietnam, Dec 15 (Bernama-BUSINESS WIRE) -- Vietnam’s leading IT firm FPT Software and Tokyo-based IFA Co., Ltd. (IFA) have formed a business alliance to develop an information banking platform. The platform, AIre Data Bank, expects to enhance the data exchange experience with the utilization of blockchain technology.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211214005624/en/
Many
businesses and services rely on data to operate, but how to exchange
data fairly and safely remains a challenge. With the development of AIre
Data Bank, FPT Software and IFA look to offer a marketplace that
enables secured and transparent transactions of data and rewards between
"sellers," who provide a variety of personal data, and "buyers," who
purchase data for marketing and other purposes.
Blockchain technology, with its strengths of increasing security and transparency, is leveraged to build this platform. AIre Data Bank uses ARCS, a cryptocurrency issued and operated by IFA, as its native token. In addition, all transaction data will be stored on the blockchain, preventing any party from corrupting the integrity of data, allowing “buyers” to purchase the data fairly.
By combining the use of ARCS and FPT Software's advanced blockchain capability, both parties aim to realize the vision of user-sovereign autonomous information utilization, mainly in the Asia Pacific region.
“We are very pleased to announce this business partnership with FPT Software,” said Masashi Mizukura, CEO of IFA. “The Data Bank is one of the most important areas of the AIre initiative, as it will enable the transparent and autonomous use of information. FPT Software has a proven track record of providing technology to some of the world's leading IT companies and is certified by the Vietnamese government. By introducing FPT Software's advanced technological capabilities to the AIre Data Bank, we believe that we will be able to achieve a high level of security and convenience for both users who provide data and companies that use data,” he noted.
“We are delighted that our partner IFA recognizes our blockchain capability,” said FPT Japan CEO Nguyen Viet Vuong. “We look forward to developing this information bank platform and extending blockchain applications in business. FPT Software will strengthen this partnership with IFA, making security, transparency, integrity, and convenience a reality for our users.”
IFA and FPT Software are finetuning the services of AIre Data Bank and plan to launch the application in 2022.
About FPT Software
FPT Software is a global technology and IT services provider headquartered in Vietnam, with more than USD 513 million in revenue and 20,000 employees in 26 countries. As a pioneer in digital transformation, the company delivers world-class services in Smart factory, Digital platforms, RPA, AI, IoT, Cloud, AR/VR, BPO, and more. It has served 700+ customers worldwide, a hundred of which are Fortune Global 500 companies in the industries of Automotive, Banking and Finance, Logistics & Transportation, Utilities, and more. For further information, please visit http://www.fpt-software.com.
About IFA Co., Ltd.
IFA develops and operates AIre, a next-generation information banking platform, aiming to create a world where everyone has sovereignty over "their own information". AIre aims to create a decentralized society where new standards created by users become the norm, rather than the traditional centralized information management society, and will utilize blockchain to achieve this goal. We will take an approach that makes a complex technology more accessible, and we plan to deepen collaboration with companies and communities, both domestic and international, and envision the development of a wide variety of partnerships. For more information, please visit https://en.ifa-aire.co.jp/
View source version on businesswire.com:
https://www.businesswire.com/news/home/20211214005624/en/
Contact
Media
Trinh Sao Mai (Ms.)
FPT Software
Head of Global Marketing & Communications
Email: MCP.PR@fsoft.com.vn
Website: https://www.fpt-software.com/newsroom/
Source : FPT Software
Blockchain technology, with its strengths of increasing security and transparency, is leveraged to build this platform. AIre Data Bank uses ARCS, a cryptocurrency issued and operated by IFA, as its native token. In addition, all transaction data will be stored on the blockchain, preventing any party from corrupting the integrity of data, allowing “buyers” to purchase the data fairly.
By combining the use of ARCS and FPT Software's advanced blockchain capability, both parties aim to realize the vision of user-sovereign autonomous information utilization, mainly in the Asia Pacific region.
“We are very pleased to announce this business partnership with FPT Software,” said Masashi Mizukura, CEO of IFA. “The Data Bank is one of the most important areas of the AIre initiative, as it will enable the transparent and autonomous use of information. FPT Software has a proven track record of providing technology to some of the world's leading IT companies and is certified by the Vietnamese government. By introducing FPT Software's advanced technological capabilities to the AIre Data Bank, we believe that we will be able to achieve a high level of security and convenience for both users who provide data and companies that use data,” he noted.
“We are delighted that our partner IFA recognizes our blockchain capability,” said FPT Japan CEO Nguyen Viet Vuong. “We look forward to developing this information bank platform and extending blockchain applications in business. FPT Software will strengthen this partnership with IFA, making security, transparency, integrity, and convenience a reality for our users.”
IFA and FPT Software are finetuning the services of AIre Data Bank and plan to launch the application in 2022.
About FPT Software
FPT Software is a global technology and IT services provider headquartered in Vietnam, with more than USD 513 million in revenue and 20,000 employees in 26 countries. As a pioneer in digital transformation, the company delivers world-class services in Smart factory, Digital platforms, RPA, AI, IoT, Cloud, AR/VR, BPO, and more. It has served 700+ customers worldwide, a hundred of which are Fortune Global 500 companies in the industries of Automotive, Banking and Finance, Logistics & Transportation, Utilities, and more. For further information, please visit http://www.fpt-software.com.
About IFA Co., Ltd.
IFA develops and operates AIre, a next-generation information banking platform, aiming to create a world where everyone has sovereignty over "their own information". AIre aims to create a decentralized society where new standards created by users become the norm, rather than the traditional centralized information management society, and will utilize blockchain to achieve this goal. We will take an approach that makes a complex technology more accessible, and we plan to deepen collaboration with companies and communities, both domestic and international, and envision the development of a wide variety of partnerships. For more information, please visit https://en.ifa-aire.co.jp/
View source version on businesswire.com:
https://www.businesswire.com/news/home/20211214005624/en/
Contact
Media
Trinh Sao Mai (Ms.)
FPT Software
Head of Global Marketing & Communications
Email: MCP.PR@fsoft.com.vn
Website: https://www.fpt-software.com/newsroom/
Source : FPT Software
Monday, December 13, 2021
NIPPON EXPRESS PARTICIPATES IN 4TH CHINA INTERNATIONAL IMPORT EXPO (CIIE)
TOKYO, Dec. 14, 2021 /Kyodo JBN-AsiaNet/ --
| Nippon Express Co., Ltd. participated in the 4th China International Import Expo (CIIE) held in Shanghai, China, over the six-day period from Friday, November 5 to Wednesday, November 10, taking part in CIIE for the fourth time in as many years. Logo: https://kyodonewsprwire.jp/img/202112094712-O1-436Xlx3E Photo1: Exhibition booth https://kyodonewsprwire.jp/prwfile/release/M103866/202112094712/_prw_PI2fl_5oju1opd.jpg Photo2: View of booth interior https://kyodonewsprwire.jp/prwfile/release/M103866/202112094712/_prw_PI3fl_Ko8ajlzs.jpg The inaugural CIIE was held in November 2018 as a general trade show focusing exclusively on imports to China. Joining in this year's fourth Expo were approximately 2,900 companies, and the venue welcomed a cumulative total of 480,000 visitors during the event. The Company's exhibition booth introduced Nippon Express's global network and air and ocean cargo forwarding services that constitute its particular strengths, as well as its pharmaceutical logistics platform, green (eco-friendly) logistics and digitalization initiatives. The Group company Nippon Express (Shanghai) Co., Ltd. provided logistical support to the Expo, conveying exhibited products in and out of the venue for the 83 companies participating in the Japan Pavilion and coordinating with the organizers and official forwarders. The Group will continue utilizing its global network and advanced logistics know-how it has accumulated to address logistics issues faced by customers in the East Asia region and support their business expansion. Outline of event Name of exposition: 4th China International Import Expo Dates: Friday, November 5 - Wednesday, November 10, 2021 Venue: National Exhibition and Convention Center (Shanghai) Sponsors: Ministry of Commerce of the People's Republic of China, Shanghai Municipal People's Government Nippon Express website: http://www.nipponexpress.com/ Official LinkedIn account: NIPPON EXPRESS GROUP https://www.linkedin.com/company/nippon-express-group/ Source: Nippon Express Co., Ltd. http://mrem.bernama.com/viewsm.php?idm=41927 |
QIAOXU - CHINA DOWN VALLEY SEES FEATHER FACTORY TRANSFORMATION
KUALA LUMPUR, Dec 13 (Bernama) -- Plot B of Qiaoxu - China Down Valley has been under construction in full swing and multiple large machines have been operated for land leveling, as a down feather factory is planned to be built here.
According to the Publicity Department of Gangnan District, Guigang, the total planned land area of the project is 69618.12 square metres, two production workshops are planned to be built, covering an area of 40,000 square metres.
In April, Plot A was put into production, marking an essential stride in the transformation and upgrading of the down feather industry in Gangnan District, according to a statement.
Qiaoxu down feather industry of Gangnan District, Guigang, Guangxi was flourishing in the 1980s.
For over 40 years, Qiaoxu down feather industry has grown rapidly by gathering the high-quality down resources and relying on the industries with little investment but quick results as well as the flexibility in business and agriculture, laying a foundation for the reputations of ‘Hometown of Down in China’, ‘High-quality Down Production Base in China’, and ‘Excellent Down Feather Industrial Cluster in China’.
The products are sold to Zhejiang, Shanghai, and other regions and countries, including Japan, Korea, the United States and Europe, and the processing volume accounts for 28 per cent of China, 18 per cent of the world.
To consolidate existing advantages, Qiaoxu Town Government and Guangxi Qiaoxu Lotus Down Feather Group Co Ltd have prepared to jointly set up the Project of Qiaoxu - China Down Valley.
This is to build it into a new factory with advanced technology and high value-added products upon standardisation, modernisation and internationalisation, intellectualisation.
The total investment is expected to be RMB1.615 billion, and the building area for the construction is planned to be 46.19 hectares. The Project will be divided into three phases, with a construction period of five years. (RMB100 = RM66.30)
-- BERNAMA
Friday, December 10, 2021
Conagen Supports DARPA's Resource Sustainability Programme
KUALA LUMPUR, Dec 10 -- Massachusetts-based biotech Conagen has announced participation in a collaboration supporting the ReSource program funded by a US Department of Defense (DOD) grant.
The project aims to leverage Conagen's proprietary fermentation technology to convert plastics and other energy-dense waste into valuable, reusable materials.
"Humanity needs to make better use of plastic resources and close the recycling loop," said Casey Lippmeier, Ph.D., vice president of innovation at Conagen. This cooperative agreement project will demonstrate the value of recycled material for building a sustainable infrastructure."
Under the DOD, the US Defense Advanced Research Projects Agency (DARPA) Biological Technologies Office created the ReSource Program to research and develop an integrated self-containment system. The project explores using a combination of synthetic biology and chemical technology for turning plastic waste into critical supplies.
Professor Chris A. Voigt, Ph.D., directs the project at the Massachusetts Institute of Technology (MIT) in collaboration with Conagen and Novoloop. The Voigt lab has expertise in microbial genetic design and engineering and has created tools and platform technologies central to the effort.
According to a statement, Conagen was selected as the fermentation scale-up partner for its synthetic biology expertise, purification process development capability, and world-scale manufacturing.
"Recycling plastic waste is just the beginning," says Lippmeier. "This DARPA-funded project primarily seeks to improve the efficient use of resources by our troops. However, the technology for converting plastics and bio-plastics into other higher-value materials should create incentives to remove these pollutants from the environment and support humanitarian efforts with renewable sources of food, nutrition, and water."
Now that Phase I is complete, the MIT team, including Conagen, advance to Phase II when they hope to achieve purifying, scaling, and upcycling waste into valuable products.
For more information, visit www.conagen.com.
-- BERNAMA
Thursday, December 9, 2021
AM BEST REVISES OUTLOOKS TO STABLE FOR LABUAN REINSURANCE (L) LTD.
SINGAPORE, Dec 9 (Bernama-BUSINESS WIRE) -- AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Labuan Reinsurance (L) Ltd. (Labuan Re) (Malaysia).
The Credit Ratings (ratings) reflect Labuan Re’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM).
The revision of the outlooks to stable reflects AM Best’s expectation that Labuan Re’s rating fundamentals will remain commensurate with their current assessments over the near to medium term.
Labuan Re’s balance sheet strength assessment is underpinned by its risk-adjusted capitalisation that is expected to remain at the strongest level over the medium term, as measured by Best’s Capital Adequacy Ratio (BCAR). AM Best views the company as having a moderate risk investment strategy with it holding a combination of low-risk assets, including cash, deposits and fixed-income instruments, albeit with notable exposure to higher-risk assets of non-rated fixed-income instruments, equities and real estate. Partially offsetting balance sheet factors include Labuan Re’s modest-sized absolute capital base and limited internal capital generation over recent years. In AM Best’s view, the company remains exposed to natural catastrophe risks emanating from its regional reinsurance operations, although Labuan Re has actively sought to reduce its peak peril exposures over the past few years.
AM Best views the company’s operating performance as adequate. Despite remaining pressured by a combination of catastrophe losses and COVID-19 related provisioning, remedial actions taken by management over recent years have supported incremental improvements in the company’s underwriting performance. Whilst AM Best expects the ongoing pandemic to drive a decline in investment yields over the near to medium term, operating earnings are expected to be supported by continued underwriting performance improvements, aided by a strengthening of reinsurance pricing/terms and the ongoing implementation of a program of remedial actions.
AM Best assesses Labuan Re’s business profile as neutral given its position as a well-established regional non-life reinsurer. In addition, the company’s business profile continues to benefit from portfolio diversification emanating from its participation as a corporate member in Lloyd’s of London syndicates. Over the medium term, AM Best expects the company to exhibit a declining trend in gross written premium, as it continues to reduce its participation at Lloyd’s of London. AM Best views the company’s ERM approach as appropriate given the current size and complexity of its operations.
http://mrem.bernama.com/viewsm.php?idm=41864
The Credit Ratings (ratings) reflect Labuan Re’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM).
The revision of the outlooks to stable reflects AM Best’s expectation that Labuan Re’s rating fundamentals will remain commensurate with their current assessments over the near to medium term.
Labuan Re’s balance sheet strength assessment is underpinned by its risk-adjusted capitalisation that is expected to remain at the strongest level over the medium term, as measured by Best’s Capital Adequacy Ratio (BCAR). AM Best views the company as having a moderate risk investment strategy with it holding a combination of low-risk assets, including cash, deposits and fixed-income instruments, albeit with notable exposure to higher-risk assets of non-rated fixed-income instruments, equities and real estate. Partially offsetting balance sheet factors include Labuan Re’s modest-sized absolute capital base and limited internal capital generation over recent years. In AM Best’s view, the company remains exposed to natural catastrophe risks emanating from its regional reinsurance operations, although Labuan Re has actively sought to reduce its peak peril exposures over the past few years.
AM Best views the company’s operating performance as adequate. Despite remaining pressured by a combination of catastrophe losses and COVID-19 related provisioning, remedial actions taken by management over recent years have supported incremental improvements in the company’s underwriting performance. Whilst AM Best expects the ongoing pandemic to drive a decline in investment yields over the near to medium term, operating earnings are expected to be supported by continued underwriting performance improvements, aided by a strengthening of reinsurance pricing/terms and the ongoing implementation of a program of remedial actions.
AM Best assesses Labuan Re’s business profile as neutral given its position as a well-established regional non-life reinsurer. In addition, the company’s business profile continues to benefit from portfolio diversification emanating from its participation as a corporate member in Lloyd’s of London syndicates. Over the medium term, AM Best expects the company to exhibit a declining trend in gross written premium, as it continues to reduce its participation at Lloyd’s of London. AM Best views the company’s ERM approach as appropriate given the current size and complexity of its operations.
http://mrem.bernama.com/viewsm.php?idm=41864
NIELSENIQ'S E-COMMERCE SOLUTIONS INVESTMENT OFFERS MARKETPLACE INDUSTRY-LEADING VIEW
KUALA LUMPUR, Dec 9 (Bernama) -- The shopper journey continually evolves as consumers have more control over what they do, see, and hear, meaning the tools used to measure and analyse sales, market share and consumer behaviour must also change.
In an environment continuing to experience seismic shifts, measuring when, where and how consumers are buying is imperative, thus allowing fast-moving consumer goods (FMCG) manufacturers and retailers to anticipate trends and react faster to consumer needs and expectations.
NielsenIQ is transforming the FMCG and retail industry with its innovative solutions and precise insights, which offer an integrated, accurate, complete, and more granular view of the offline and online marketplace—making it easier to analyse trends across channels.
Foxintelligence is the largest e-commerce measurement and consumer data analytics company in Europe, and will be able to expand its coverage and offering to additional markets as a NielsenIQ-powered company.
Eight months after becoming a standalone company, NielsenIQ has made several key acquisitions and significantly increased its investments to accelerate its product delivery and build comprehensive solutions, transforming the measurement and analytics solutions available to the rapidly changing FMCG and retail industry.
“NielsenIQ’s ambition is to approach e-commerce holistically. Foxintelligence is instrumental in this strategy, expanding the footprint of our unmatched retail measurement solution. They uncover the online blind spots like marketplaces, category specialists, direct-to-consumer, quick-commerce and last milers, among others, providing full-market coverage,” said Clément Colin, Head of International E-commerce Measurement, NielsenIQ, in a statement.
Foxintelligence gathers and anonymises e-receipts to create detailed, comprehensive, and proprietary transaction data. This data is the cornerstone of market intelligence in today’s digital consumption age, and NielsenIQ will propel it forward.
The acquisition of Foxintelligence marks the latest bold step NielsenIQ is taking in providing groundbreaking, comprehensive e-commerce data. In September this year, NielsenIQ acquired Rakuten Intelligence and Data Impact to enhance its e-commerce solution portfolio and scale it globally.
For more information, visit NielsenIQ.com.
-- BERNAMA
Wednesday, December 8, 2021
WHOLESALE FASHION INDUSTRY SEES STRONG MOMENTUM IN DIGITAL COMMERCE FOR THE SECOND CONSECUTIVE YEAR
End of year statistics from JOOR illustrate that online B2B shopping is the new normal; highlight the importance of small business and increasing APAC adoption
NEW YORK, Dec 8 (Bernama-GLOBE NEWSWIRE) -- JOOR, the world’s leading digital wholesale platform, today released its end of year figures for 2021. These data points confirm the continued acceleration of digital adoption among brands and retailers, and that even with the return of in-person markets and events, electronic B2B commerce continues to play an important and ever increasing role in the fashion ecosystem.
In light of evolving supply chain uncertainty, the real-time insights delivered by the JOOR platform proved especially critical to both brands and retailers in 2021. The volume of wholesale transactions (GMV) passing through the JOOR platform increased 60% from 2020, averaging over $1.5bn per month. The number of orders placed on the platform increased 35% year over year, and the average order value (AOV) increased 59% over the prior year.
“We continue to see significant momentum in our business because we prioritize innovations that meaningfully impact the businesses of our brands and retailers,” explained Kristin Savilia, CEO of JOOR. “In 2022, we will look to build out successful offerings including a new and improved JOOR Marketplace to facilitate enhanced product discovery and our electronic payment and financing capabilities.”
Despite a spike in virtual buying and selling at the onset of the pandemic in early 2020, brand and retailer engagement on JOOR increased even further in 2021. 400,000 new connections between brands and retailers have been completed this year to date. Rich content served to enhance the connection experience, with brands uploading almost 85% more images to JOOR than they did in 2020.
Retailers were more active than ever on JOOR, particularly as it pertains to small and medium-sized businesses. As the pandemic recovery has progressed, consumers globally have increasingly chosen to shop local, as reported by Deloitte and others. JOOR’s retail accounts grew by 100,000—a 37% increase from 2020 to 2021, almost exclusively driven by boutique establishments joining the platform.
Ongoing uncertainty concerning public health combined with resolve to increase sustainability have led the industry to rethink the way it travels. Fashion weeks and market shows, once exclusively in-person, have evolved to hybrid events. Through its JOOR Passport platform, JOOR powered 36 events attracting more than 150,000 retail visitors from 150 countries. Over 2,400 brands participated in a JOOR Passport event and sold 215,000 products. All of these figures represent the upward trend from 2020 and provide clear validation for the hybrid model approach.
Following the announcement of its Shanghai office earlier this year, JOOR saw notable growth in China and Asia-Pacific. Brands based in this region of the globe accepted almost 50% more orders and sold over 80% more items in 2021 than in 2020. The Shanghai office bolstered JOOR’s footprint in the region to three offices total, including Tokyo and Melbourne. The ability to receive 24/7 customer support in local languages will allow Chinese brands and retailers to further accelerate their digital transformation in 2022.
JOOR’s complete 2021 End of Year Trend Report, highlighting 2021 data and the top industry trends that will shape wholesale in 2022, can be viewed by clicking here.
About JOOR
JOOR is the world’s leading wholesale management platform, with over $1.5Bn in wholesale transactions processed every month. More than 13,000 brands and over 360,000 curated fashion retailers across 150 countries connect on the platform every day. With a commitment to fueling the advancement and growth of both brands and retailers, JOOR provides a digital ecosystem that combines dynamic virtual showrooms with collaborative tools including JOOR Passport, which centralizes the trade show experience across multiple global fashion events. JOOR users have greater flexibility, visibility, performance and insights into their business. JOOR is the exclusive platform for leading luxury conglomerates including LVMH, Kering and Richemont, as well as brands such as Balenciaga, Valentino and Saint Laurent. JOOR has exclusive partnerships with 30+ leading global retailers using the JOOR Retail Partner platform including: Harrod’s, Neiman Marcus, Harvey Nichols, Printemps, Bergdorf Goodman, Shopbop, 24S.com, Revolve, FWD, Liberty London and Dover Street Market. JOOR is headquartered in New York City and has offices in Los Angeles, Philadelphia, Paris, London, Milan, Madrid, Berlin, Melbourne, Tokyo and Shanghai. For more information visit: JOOR.com.
http://mrem.bernama.com/viewsm.php?idm=41851
NEW YORK, Dec 8 (Bernama-GLOBE NEWSWIRE) -- JOOR, the world’s leading digital wholesale platform, today released its end of year figures for 2021. These data points confirm the continued acceleration of digital adoption among brands and retailers, and that even with the return of in-person markets and events, electronic B2B commerce continues to play an important and ever increasing role in the fashion ecosystem.
In light of evolving supply chain uncertainty, the real-time insights delivered by the JOOR platform proved especially critical to both brands and retailers in 2021. The volume of wholesale transactions (GMV) passing through the JOOR platform increased 60% from 2020, averaging over $1.5bn per month. The number of orders placed on the platform increased 35% year over year, and the average order value (AOV) increased 59% over the prior year.
“We continue to see significant momentum in our business because we prioritize innovations that meaningfully impact the businesses of our brands and retailers,” explained Kristin Savilia, CEO of JOOR. “In 2022, we will look to build out successful offerings including a new and improved JOOR Marketplace to facilitate enhanced product discovery and our electronic payment and financing capabilities.”
Despite a spike in virtual buying and selling at the onset of the pandemic in early 2020, brand and retailer engagement on JOOR increased even further in 2021. 400,000 new connections between brands and retailers have been completed this year to date. Rich content served to enhance the connection experience, with brands uploading almost 85% more images to JOOR than they did in 2020.
Retailers were more active than ever on JOOR, particularly as it pertains to small and medium-sized businesses. As the pandemic recovery has progressed, consumers globally have increasingly chosen to shop local, as reported by Deloitte and others. JOOR’s retail accounts grew by 100,000—a 37% increase from 2020 to 2021, almost exclusively driven by boutique establishments joining the platform.
Ongoing uncertainty concerning public health combined with resolve to increase sustainability have led the industry to rethink the way it travels. Fashion weeks and market shows, once exclusively in-person, have evolved to hybrid events. Through its JOOR Passport platform, JOOR powered 36 events attracting more than 150,000 retail visitors from 150 countries. Over 2,400 brands participated in a JOOR Passport event and sold 215,000 products. All of these figures represent the upward trend from 2020 and provide clear validation for the hybrid model approach.
Following the announcement of its Shanghai office earlier this year, JOOR saw notable growth in China and Asia-Pacific. Brands based in this region of the globe accepted almost 50% more orders and sold over 80% more items in 2021 than in 2020. The Shanghai office bolstered JOOR’s footprint in the region to three offices total, including Tokyo and Melbourne. The ability to receive 24/7 customer support in local languages will allow Chinese brands and retailers to further accelerate their digital transformation in 2022.
JOOR’s complete 2021 End of Year Trend Report, highlighting 2021 data and the top industry trends that will shape wholesale in 2022, can be viewed by clicking here.
About JOOR
JOOR is the world’s leading wholesale management platform, with over $1.5Bn in wholesale transactions processed every month. More than 13,000 brands and over 360,000 curated fashion retailers across 150 countries connect on the platform every day. With a commitment to fueling the advancement and growth of both brands and retailers, JOOR provides a digital ecosystem that combines dynamic virtual showrooms with collaborative tools including JOOR Passport, which centralizes the trade show experience across multiple global fashion events. JOOR users have greater flexibility, visibility, performance and insights into their business. JOOR is the exclusive platform for leading luxury conglomerates including LVMH, Kering and Richemont, as well as brands such as Balenciaga, Valentino and Saint Laurent. JOOR has exclusive partnerships with 30+ leading global retailers using the JOOR Retail Partner platform including: Harrod’s, Neiman Marcus, Harvey Nichols, Printemps, Bergdorf Goodman, Shopbop, 24S.com, Revolve, FWD, Liberty London and Dover Street Market. JOOR is headquartered in New York City and has offices in Los Angeles, Philadelphia, Paris, London, Milan, Madrid, Berlin, Melbourne, Tokyo and Shanghai. For more information visit: JOOR.com.
http://mrem.bernama.com/viewsm.php?idm=41851
NIPPON EXPRESS (SHANGHAI) COMMENCES OPERATIONS AT YANGSHAN'S NEW EXPORT WAREHOUSE
KUALA LUMPUR, Dec 7 (Bernama) -- Nippon Express (Shanghai) Co Ltd (hereinafter NE Shanghai), a local subsidiary of Nippon Express Co Ltd, has begun operations at a new export warehouse in the Yangshan region of China.
Container volume at Shanghai Port in 2020 was up 0.5 per cent from the previous year to about 43.5 million TEU, recording the highest volume of containers handled at any port worldwide for the 11th consecutive year.
According to a statement, the Yangshan Terminal also exceeded 20 million TEU for the first time, marking a new all-time high despite the COVID-19 pandemic.
Viewing the Yangshan area as an important export base complementing the Waigaoqiao area in Shanghai, NE Shanghai opened a new warehouse favourably situated 20km from Donghai Bridge and 50km from the Yangshan Terminal, and marked the occasion with an opening ceremony held on Oct 11.
The new warehouse, which mainly handles automobile parts, has a low-floor, double-ended access configuration suitable for cross-dock export operations, and also provides returnable container management and packing style conversion.
In future, NE Shanghai will be working to enhance the warehouse's capacity to serve as an import/export base for shipments to/from Europe and the US, digitising warehouse operations, and utilising cutting-edge technology to save labour.
The Nippon Express Group will become the NX Group and introduce new Group brand symbols on Jan 4, next year.
Nippon Express website: http://www.nipponexpress.com/
-- BERNAMA
Tuesday, December 7, 2021
D-WAVE SYSTEMS ANNOUNCES QUANTUM QUICKSTART™
KUALA LUMPUR, Dec 7 (Bernama) -- D-Wave Systems Inc, the leader in quantum computing systems, software, and services, and the only company developing both annealing and gate-model quantum computers, has announced a new quantum acceleration bundle, the Quantum QuickStart™, incorporating quantum programming training plus cloud access.
Designed to rapidly train and enable developers to easily utilise quantum computing and quantum hybrid resources to build quantum applications, the Quantum QuickStart bundle provides developers a comprehensive training experience and a month of unlimited, real-time quantum cloud access.
Also featured at the Q2B Practical Quantum Computing Conference, Mark W. Johnson, Vice President of Quantum Technologies and Systems Products at D-Wave will keynote on furthering quantum adoption in his presentation, Putting Powerful Technologies Into Practice.
Johnson will be joined on stage by Vidyut Naware, Director of AI Research at PayPal, where they will discuss PayPal’s quantum computing initiatives.
According to a statement, the Quantum QuickStart is designed to help businesses expand their teams’ quantum skills and help developers accelerate their quantum expertise.
The Quantum QuickStart allows developers with Python knowledge to get started building and running quantum applications within one week.
D-Wave’s ongoing commitment to, and investment in, annealing quantum computing technology will continue to accelerate performance and expand the ability for customers to get better solutions to complex optimisation problems.
D-Wave’s systems are being used by some of the world’s most advanced organisations, including NEC, Volkswagen, DENSO, Lockheed Martin, USC, and Los Alamos National Laboratory. It is headquartered near Vancouver, Canada,
For more information, visit: www.dwavesys.com.
-- BERNAMA
LONGEVITY SCIENCE FOUNDATION LAUNCHES DECENTRALISED BLOCKCHAIN VOTING PROGRAMME
Donors to use ‘LSF Points’ to Select Projects for Funding
ZUG, Switzerland, Dec 7 (Bernama-BUSINESS WIRE) -- The Longevity Science Foundation (LSF) — a Swiss non-profit dedicated to advancing the healthy human lifespan — has announced today it will use blockchain technology in its funding selection process. To do so, the Foundation has created LSF Points, which will be distributed to all Foundation donators. These non-monetary tokens will empower them to vote on which projects and proposals they believe should be funded by the Foundation. All projects under consideration will first be chosen by the LSF Visionary Board for technical soundness, impact, and scientific quality. The executive summary of the programme can be found here.
“Beyond having a credible, strict and transparent evaluation and selection process, the LSF wishes to accommodate a system for donors to also express their opinion and vote for their favourites among the applications,” Visionary Board Chairman Evelyne Yehudit Bischof said. “This programme will not only encourage donor involvement but will also help us achieve our mission of bringing more longevity-based solutions to a wider audience within the next five years.”
The LSF Points are not an investment instrument and do not have any monetary value. The LSF does not sell nor exchange LSF Points to any currency–they are strictly an instrument for internal decision-making and governance. However, in addition to votes, donors can use points to earn rewards such as NFTs commemorating contributions, consultations with longevity specialists, and early access to treatments. Point transfers and report security will be managed via a smart contract on an Ethereum-based public blockchain.
“We aim to maintain full transparency while reducing bureaucratic burden in the funding process,” Bischof said. “Every funding decision the Foundation makes is fully auditable applying the new blockchain programme, which guarantees transparency around LSF work.”
After receiving funding proposals, a team of longevity opinion leaders pre-vets and shortlists selected proposals and defines priority vectors to deliver a comprehensive set of funding targets. These are reviewed by donors who then execute their voting rights through their holding of LSF Points. Details of the process can be found on the website.
The Foundation is seeking to fund projects that can facilitate and accelerate significant progress in longevity medicine as soon as possible. The Foundation’s Visionary Board is composed of leading longevity researchers like Bischof, Andrea B. Maier, Eric Verdin, Matt Kaeberlein, Michael Levitt, and Alex Zhavoronkov.
About the Longevity Science Foundation
The Longevity Science Foundation is a Swiss nonprofit organisation advancing human longevity by funding research and development of medical technologies to extend the healthy human lifespan. The long-term mission of the Longevity Science Foundation is to help make longevity-focused care accessible to everyone, no matter their background, by bringing cutting-edge science on aging out of the laboratory and into the mainstream. To learn more, visit www.longevity.foundation.
http://mrem.bernama.com/viewsm.php?idm=41829
ZUG, Switzerland, Dec 7 (Bernama-BUSINESS WIRE) -- The Longevity Science Foundation (LSF) — a Swiss non-profit dedicated to advancing the healthy human lifespan — has announced today it will use blockchain technology in its funding selection process. To do so, the Foundation has created LSF Points, which will be distributed to all Foundation donators. These non-monetary tokens will empower them to vote on which projects and proposals they believe should be funded by the Foundation. All projects under consideration will first be chosen by the LSF Visionary Board for technical soundness, impact, and scientific quality. The executive summary of the programme can be found here.
“Beyond having a credible, strict and transparent evaluation and selection process, the LSF wishes to accommodate a system for donors to also express their opinion and vote for their favourites among the applications,” Visionary Board Chairman Evelyne Yehudit Bischof said. “This programme will not only encourage donor involvement but will also help us achieve our mission of bringing more longevity-based solutions to a wider audience within the next five years.”
The LSF Points are not an investment instrument and do not have any monetary value. The LSF does not sell nor exchange LSF Points to any currency–they are strictly an instrument for internal decision-making and governance. However, in addition to votes, donors can use points to earn rewards such as NFTs commemorating contributions, consultations with longevity specialists, and early access to treatments. Point transfers and report security will be managed via a smart contract on an Ethereum-based public blockchain.
“We aim to maintain full transparency while reducing bureaucratic burden in the funding process,” Bischof said. “Every funding decision the Foundation makes is fully auditable applying the new blockchain programme, which guarantees transparency around LSF work.”
After receiving funding proposals, a team of longevity opinion leaders pre-vets and shortlists selected proposals and defines priority vectors to deliver a comprehensive set of funding targets. These are reviewed by donors who then execute their voting rights through their holding of LSF Points. Details of the process can be found on the website.
The Foundation is seeking to fund projects that can facilitate and accelerate significant progress in longevity medicine as soon as possible. The Foundation’s Visionary Board is composed of leading longevity researchers like Bischof, Andrea B. Maier, Eric Verdin, Matt Kaeberlein, Michael Levitt, and Alex Zhavoronkov.
About the Longevity Science Foundation
The Longevity Science Foundation is a Swiss nonprofit organisation advancing human longevity by funding research and development of medical technologies to extend the healthy human lifespan. The long-term mission of the Longevity Science Foundation is to help make longevity-focused care accessible to everyone, no matter their background, by bringing cutting-edge science on aging out of the laboratory and into the mainstream. To learn more, visit www.longevity.foundation.
http://mrem.bernama.com/viewsm.php?idm=41829
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