Thursday 31 May 2018

Selangor Sultan receives RM1.8 million in business tithe

CYBERJAYA, May 31 (Bernama) -- Sultan Sharafuddin Idris Shah of Selangor today received business tithe amounting to RM1.8 million from two companies at the 'Ihya Ramadan Bersama Rakyat' programme held at the Raja Haji Fisabilillah Mosque here.

Also present at the ceremony were Tengku Permaisuri of Selangor Tengku Permaisuri Norashikin.

The Selangor Tithe Board in a statement said of the total RM1.8 million received today, RM1.3 million involved the business tithe from Mahsa University.

It was presented by Mahsa's Pro-Chancellor and Executive Chairman, Prof Tan Sri Mohamed Haniffa Abdullah.

Another RM550,000 was the business tithe from the Selangor Agricultural Development Corporation and was presented by its group general manager, Tamby Omar Mohammed.

At the same event, Sultan Sharafuddin also presented Aidilfitri contributions to 275 'asnaf' (tithe recipients) of the poor and underprivileged, as well as 211 'asnaf' of Muslims converts from the Sepang district.

All of them received tithe of RM500 each, involving an allocation totalling RM243,000.

Apart from breaking-of-fast with the people, Sultan Sharafuddin and Tengku Permaisuri Norashikin also performed prayers with the congregation.

-- BERNAMA

TOSHIBA'S ARM® CORTEX®-M CORE-BASED MICROCONTROLLERS SUPPORT MBED™ OS

TOKYO, May 28 (Bernama-BUSINESS WIRE) -- Toshiba Electronic Devices & Storage Corporation (“Toshiba”), as a Silicon Partner of Mbed (a device management solution for IoT platforms developed by Arm Ltd), acquired the certification of Mbed OS for its microcontrollers. Two evaluation boards that integrate these microcontrollers have been released on the Arm Mbed site.

This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180528005041/en/

Mbed provides developers with a free, easy-to-use development environment. The online compiler provided by Arm can be used with evaluation boards supporting Mbed OS, and device programming can be performed with drag-and-drop simplicity on a host PC connected to the boards via USB. Developers can also access the rich component libraries verified by the Mbed community, allowing fast and efficient development of applications for embedded devices.
http://mrem.bernama.com/viewsm.php?idm=31986

Cradle funding a boost to AdEasy's expansion plans

KUALA LUMPUR, May 31 (Bernama) -- AdEasy, South-East Asia's first online marketplace to help connect businesses with traditional advertising media, was selected by Cradle Fund Sdn Bhd to receive RM775,000 in funding in 2017 under the Direct Equity 800 (DEQ800) plan.

From 800 companies, 13 start-ups were selected to receive a capital injection of between RM300,000 and RM800,000.

This is AdEasy's second round of seed investment, having received RM242,000 last year through equity crowdfunding platform, pitchIN. To date, AdEasy has booked 15 campaigns with a total ad spend of more than RM950,000 through its small-and-medium enterprise (SME) clients.

"There is a huge untapped market of SMEs which are not advertising yet, 86.6 per cent to be exact," said AdEasy chief executive officer, Melissa Sim.

"This is because they lack the knowledge, data and tools to make informed decisions. We aim to equip SMEs with advertising knowledge and media-planning tools so that they can confidently book ad space on their own," she added.

SMEs are able to save time, money and resources in finding the right ad space through a comprehensive marketplace in three easy steps via AdEasy by browsing, comparing and booking.

Total ad spend in Malaysia for 2017 was RM4.65 billion, with Malaysian advertisers allocating 77 per cent of their advertising budget for traditional media.

According to the Nielsen Consumer and Media View 2017 report, traditional media enjoys more than 70 per cent reach across the board. More than 90 per cent of Malaysians aged between 15 and 24 years consumed both traditional and digital media, while only one per cent of this demographic consumed digital media exclusively during the time period.

Evidently, traditional advertising is still thriving. Today, over 480 ad spaces are listed on AdEasy from more than 80 media options like GSC Cinemas, Astro Radio, BFM 89.9, The Malay Mail, Mingguan Wanita, Her World, Bernama News Channel, Astro Malay Channel, GrabAds, Hot Media and more.

"We are continuously adding more media options to the marketplace every month and plan to extend our ad space offerings to include neighbouring countries by the end of this year so that SMEs can easily book ad space anywhere, anytime in the region. We are determined to make AdEasy the leading online ecosystem for advertising in South-East Asia," said Sim.

"Cradle has more than 700 start-ups in its portfolio, providing them mentorship and networking opportunities, as well as growth guidance. Other than knowing we are in good hands, we believe AdEasy can add value to Cradle's start-ups by being their go-to advertising support. Ultimately, like Cradle, AdEasy is focused on driving growth for them through advertising," she added.

Cradle chief investment officer, Juliana Jan, said, "Digital innovation is at the heart of our investment strategy. An online marketplace for offline advertising space that allows advertisers to book offline ad spaces defines the future of traditional advertising."

"We are confident that AdEasy and its technology will be a game changer in the industry. We see huge potential in AdEasy and we are excited to support and be part of this company."

-- BERNAMA 

Wednesday 30 May 2018

PUBMATIC, PUBLICIS MEDIA KICK-OFF TARGETED PRIVATE MARKETPLACE FOR THE WORLD CUP

SINGAPORE, May 30 (Bernama-GLOBE NEWSWIRE) -- PubMatic, the publisher-focused sell-side platform (SSP) for an open digital media future, announced the launch of an exclusive Targeted Private Marketplace (PMP) with Publicis Media. The self-service tool will create high-quality PMP deals at scale for marketers, based on unique sports audience segments across PubMatic’s premium Asia and global publishers. The exclusivity of this partnership will initially be available in Singapore, Indonesia, Vietnam, Thailand and the Philippines, with plans to expand to additional markets in the region.
 
The timing of this deal coincides with the World Cup in Russia, the biggest global sporting event of the year. Like the Olympics, the World Cup generates a frenzy of marketing activity, as brands - both official sponsors and more opportunistic ones - compete for share of mind and wallet. As a leading agency group, Publicis Media’s 2018 focus is to increase premium quality inventory. PubMatic’s Targeted PMP solution offers heavily curated, premium site lists based on marketers’ needs.
 
“While programmatic private marketplaces offer greater assurances of better quality inventory, they still need to improve to gain the confidence of advertisers and planners alike.  Whether it is more reliable pacing and delivery or greater scale when combining inventory and data, there is still a bit of a way to go. At Publicis Media, we are excited to partner with PubMatic around the World Cup to provide the best inventory and data solution to all Publicis Media brands,” said Jonathan Mackenzie, Managing Director, Publicis Media Asia Pacific.
 
Janet Leung, Director of Product, Publicis Media Asia Pacific, added, “The World Cup and PubMatic’s new offering provide an opportunity to further expand our Precision Marketplace solutions to include data-informed inventory. In this partnership, exclusive data are only available through Precision. This opportunity offers both contextually relevant sites and exclusive access to data which allows our advertisers to place their ads in front of the most relevant audience.”
 
Targeted PMPs address some of the limitations of traditional PMPs. Targeting audience segments via traditional PMP can limit scale and requires additional time to negotiate with multiple publishers. Further, it can be difficult to effectively pre-plan a PMP campaign due to restricted visibility into audience reach and impression, and deal troubleshooting can be a concern. Targeted PMPs solve for these challenges by providing advertisers with higher transparency and more efficient workflows, and consistently performing PMP deals across multiple publishers. This, in turn, can drive higher ROI for marketers.
 
“As brand spend increasingly shifts to programmatic, we have seen buyers like Publicis Media demand more sophisticated PMPs with increased capabilities without having to choose between quality or scale. PubMatic created Targeted PMPs to address these buyer pain points and evolve the PMP landscape. We’re excited about this exclusive launch partnership with Publicis Media” explained Jason Barnes, CRO APAC at PubMatic.
 
For more information about PubMatic’s Targeted PMP offering, contact us.
 
About PubMatic:
PubMatic is a publisher-focused sell-side platform for an open digital media future. Featuring leading omni-channel revenue automation technology for publishers and enterprise-grade programmatic tools for media buyers, PubMatic’s publisher-first approach enables advertisers to access premium inventory at scale. Processing over ten trillion advertiser bids per month, PubMatic has created a global infrastructure to drive publisher monetization and control over their ad inventory. Since 2006, PubMatic’s focus on data and technology innovation has fueled the rise of the programmatic industry as a whole. Headquartered in Redwood City, California, PubMatic operates 13 offices and six data centers worldwide. For more information, please contact us at info@pubmatic.com.
 
PubMatic Contact
Nigel Kwan, 65-9720-2535
Marketing Director, APAC
nigel.kwan@pubmatic.com

Press Contact
DC Communications
Duncan Craig, 61-414-525-218
duncan@dc-comms.com
 
About Publicis Media:
Publicis Media is one of the four solutions hubs of Publicis Groupe [Euronext Paris FR0000130577, CAC 40], alongside Publicis Communications, Publicis.Sapient and Publicis Healthcare. Publicis Media is comprised of Starcom, Zenith, Digitas, Spark Foundry, Blue 449 and Performics, powered by digital-first, data-driven global practices that together deliver client value and business transformation. Publicis Media is committed to helping its clients navigate the modern media landscape and is present in more than 100 countries with over 23,500 employees worldwide.
 
Publicis Media Contact
Deepa Balji, 65-9695-0887
Communications Lead, Asia Pacific
deepa.balji@publicismedia.com 
 
SOURCE: PubMatic, Inc.
 
--BERNAMA

http://mrem.bernama.com/viewsm.php?idm=31993

New CEO of AIG Insurance Company China Ltd


KUALA LUMPUR, May 25 (Bernama) -- American International Group Inc (AIG) -- a leading global insurance organization has named Lisa Sun as a Chief Executive Officer (CEO) of AIG Insurance Company China Ltd.

Her appointment is subject to regulatory approval by the China Banking and Insurance Regulatory Commission, a statement said.

Based in Shanghai, she will report to CEO of International General Insurance, Chris Townsend. She is replacing Eric Zheng who is leaving AIG to pursue other opportunities.

Townsend said: "China is a core growth market for AIG. I look forward to working closely with Lisa and the team in this dynamic region. "

Lisa Sun joins AIG from Mercer, where most recently she was CEO of Mercer´s Hong Kong & South and East Asia Zone.

Further information on AIG, visit www.aig.com

--BERNAMA


Monday 28 May 2018

THIS IS WHY HUOBI IS A LEADER GLOBAL BLOCKCHAIN ASSET PROVIDER

SINGAPORE, May 28 (Bernama-GLOBE NEWSWIRE) -- No matter where you go, you hear about cryptos. All media have adopted this buzzword, in an online publication, ads, and news sites. However, are crypto buyers still early adopters?

Crypto is indeed at its early stage, and for all of those approaching the world of cryptocurrencies, a frequent question is: which is the best platform to start trading? But being objective giving a clear distinction between platforms around the web, it might be a difficult task.

In this article, we present Huobi a platform that stands out for its well-achieved interconnectivity and interface. Initiated in 2013, it is one of the best alternatives in cyberspace when it comes to crypto exchange.

Huobi Super Rebate Program.

The new benefit that Huobi has implemented is its system of discounts, where each user of the cryptocurrencies can receive a commission by generating their own invitation link and invite new users to register in the currency.
 
How to get started with referrals?

1- First you must enter the tab that says invitation, which is in the upper right corner of the website. Search for "My invitation code" and click to enter.

2- To obtain the invitation code, you can register and invite new users in two ways: first you must send your code to your guest and, while he registers, complete the registration to obtain the invitation code.

Or you can also send the invitation link through social networks, when both are registered through that link, the system will complete the following registration by giving you the invitation code.

3- In "Invite", click on "Registration of the invitation" to see if the registration of the invited user is successful. You can only see the result if it is recorded correctly.

4- After verifying the successful registration of your guest, the platform will calculate the amount of rebate of the transaction and the transfer of the user account the next day. The commission will be issued in the form of USDT and on a points card.

In short, when inviting a new user to trade with cryptocurrencies in Huobi, and the latter makes a transaction within 90 days, the inviter will receive 30% of the total commission.

Why Choose Huobi? 

A platform like Huobi makes very easy to get started into crypto guiding you step-by-step in what to do and what don’t. If you are a newbie in the exchange of digital currencies, Huobi gives you the key to achieve the desired success. Besides, Huobi has a new intelligent contract platform: EOS. The Enterprise Operation System is based on the blockchain and aims to implement a blockchain architecture similar to an operating system that supports distributed applications. This architecture can provide accounts, identity authentication, database, asynchronous communications and programming of programs and parallel operations in tens of thousands of CPU / GPU clusters. 

If you are interested in getting more details about the invitation program or platform itself, click here.

http://mrem.bernama.com/viewsm.php?idm=31984

OSAKA GAS ENGINEERING TO PROVIDE CONSULTING SERVICES ON CONSTRUCTION OF LNG RECEIVING TERMINALS IN TAIWAN




OSAKA, Japan, May 24 (Bernama-BUSINESS WIRE) -- 
Osaka Gas Engineering Co., Ltd. (OGE), a subsidiary of Osaka Gas Co., Ltd. (Osaka Gas)(TOKYO:9532), has entered into an agreement to provide consulting services on construction of LNG receiving terminals of CPC Corporation, Taiwan (CPC) and Taiwan Power Co., Ltd. (TPC) respectively.

This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180524005452/en/

In CPC’s third LNG receiving terminal construction project, OGE will conduct Front End Engineering & Design (FEED) and provide technical consulting services on regasification facilities as part of building a 3 million tons per annum (mtpa) LNG receiving capacity in the first phase of a 6 mtpa LNG terminal project planned to commence operation in 2023. With this agreement following the previous one signed this March for consulting services on engineering and construction of four full containment pre-stressed concrete (PC) LNG tanks for the terminal, OGE will provide consulting services for the entire first phase construction project.

In the meantime, with TPC, OGE has reached an agreement to conduct FEED and provide technical consulting services to TPC for the first time on five full containment PC LNG tanks and regasification facilities for TPC’s Taichung LNG receiving terminal, which is planned to be built with a 4.1 mtpa capacity and scheduled to start its commercial operation in 2023 along with a power plant in Taichung area.

With these contracts, OGE plays an integral part in basic designs of all the LNG terminal projects currently going forward in Taiwan, where LNG import has been growing to meet the increasing power demand while its government plans to phase out of nuclear power generation by 2025.

Globally, Osaka Gas has been providing consulting services on safe and efficient construction, operation, and maintenance of LNG receiving terminals under 23 contracts in 10 countries, including CPC’s LNG receiving terminals in Yong’an and Taichung, leveraging its knowhow gained through more than 40 years of experience.

Under its long-term business vision "Going Forward Beyond Borders 2030,” which focuses on overseas energy markets as one of the growth areas, the Daigas Group pursues its endeavor to expand its energy businesses globally along the value chain.
 

View source version on businesswire.com: https://www.businesswire.com/news/home/20180524005452/en/

 

Contact
Osaka Gas Engineering Co., Ltd.
Shun Yamagami, +81-6-6220-2118
s-yamagami@oge.co.jp

Source : OSAKA GAS CO., LTD.

HYLAND PARTNERS WITH ACTIVANTS IN SINGAPORE

SYDNEY, Australia, May 24 (Bernama) -- 
 

-- Partnership expands Hyland's APAC footprint, delivering information management solutions to solve complex business problems

Hyland (http://www.hyland.com/), a leading provider of software solutions for managing content, processes and cases, today announced a partnership with Singapore-based business process management (BPM) specialists Activants (http://www.activants.com/). The partnership will add Hyland's leading content services platform (https://www.onbase.com/en/forms/gartner-magic-quadrant-for-content-services-platforms#.WwQTxEgvwVA), OnBase (http://www.onbase.com/), to Activants' product portfolio, delivering advanced document capture, workflow, electronic signature, case management and records management to Activants' customers.

The partnership expands Hyland's growing footprint in the Asia Pacific (APAC) marketplace, reaching a broader target of enterprise customers in need of solutions for complex problems in the records and information management space.

"This is an important strategic partnership for Hyland in the Singapore region, as we gain the valuable experience of a dynamic company who specialises in digital transformation and business improvement. Our solutions will complement their services very well," said Eugene Chng, director Asia-Pacific at Hyland.

Activants has been helping customers in their digital transformation journey for more than a decade by improving business processes and adding new value propositions to their business.

"We continue to find new ways to help our customers remain competitive. We believe this partnership with Hyland will take our customers' business forward and raise their productivity to a new level," said Fleming Tan, general manager at Activants.

Activants' portfolio spans government, healthcare, logistics, insurance, banking and finance, aligning perfectly with Hyland's industry expertise. OnBase will offer Activants' clients a world class enterprise information platform, available on-premise, in the cloud or via a hybrid model. Adding OnBase will empower organisations to better manage their document lifecycle, reduce errors and enhance their levels of customer service.

"We look forward to working with Hyland's regional and global team to deliver high-performing and agile information management solutions to our customers," said Fleming Tan. About Hyland Hyland is a leader in providing software solutions for managing content, processes and cases for organizations across the globe. For over 25 years, Hyland has enabled more than 19,000 organizations to digitalize their workplaces and fundamentally transform their operations. Named one of Fortune's Best Companies to Work For(R) since 2014, Hyland is widely known as both a great company to work for and a great company to do business with. For more information, please visit Hyland.com (http://hyland.com/).

Australia Media Contact:
Luke Frost
Luke.frost@prdeadlines.com.au
+61 407 271 064

SOURCE: Hyland

Friday 25 May 2018

WORLD'S WORST PASSENGERS 2018

Perth, Australia May 24 (Bernama-AsiaNet) -- Smelly passengers and out of control children have emerged as the leading complaints of passengers in the annual www.Airlineratings.com "Passengers from Hell" survey.

Airlineratings.com, the global airline safety and product ratings website, surveyed its readers on 10 passenger types who they felt caused the most grief on planes.
http://mrem.bernama.com/viewsm.php?idm=31975

Thursday 24 May 2018

EZE SOFTWARE PARTNERS WITH SHERPA FUNDS TECHNOLOGY ON RISK MODELING

Rigorous Data Governance Elevates Portfolio Construction
 
SINGAPORE, May 24 (Bernama-BUSINESS WIRE) -- Eze Software, a provider of global investment technology, has partnered with Sherpa Funds Technology to offer advanced portfolio construction and factor analytics capabilities to its clients. Sherpa provides tools that help funds build portfolios that dynamically express investment managers’ alpha decisions, their risk appetite and market conditions. The technology enables portfolio managers to deliver more consistent and better returns whilst matching the risk exposure objectives of investors and consultants.
 
“We are always looking for ways to help our clients simplify their portfolio construction processes, enabling them to generate better returns while minimizing unwanted risk,” said R.G. Manalac, Managing Director, Asia Pacific. “This partnership will enable our users to account for all their business goals while optimizing their portfolios by accessing Sherpa’s time-tested models and processes, aided by Eze OMS.”
 
Clients can specify criteria they want their portfolios to follow, including liquidity, style factor, yield and sector exposures, access Sherpa’s powerful risk portfolio and performance analytics, and receive a portfolio construction that best expresses their alpha. The suggested portfolio can then be seamlessly loaded into Eze OMS and implemented.
 
“Partnering with Eze allows Sherpa to deliver its state-of-the-art portfolio processes to Eze's client base with very little integration overhead,” said Richard Waddington, CEO of Sherpa. “This added functionality extends Eze's operational and execution strengths into the decision-making area, where Portfolio Managers, Investor Relations and CIOs can design and deliver product that expresses Alpha in a way that matches their investors’ wishes.”
 
About Sherpa Funds Technology

Founded in 2013, Sherpa is the result of 20 years of risk and trading experience, coupled with a deep quantitative approach and delivered by powerful computational engines. Sherpa delivers enhanced process and analytics to multi-billion asset managers of all types, helping them make the most of their decision-making by applying their ideas in their portfolios in a consistent and rigorous way. Sherpa believes strongly that by using computer power and structured data they can help clients implement their decisions in a manner that enhances their business. For more information, visit www.SherpaFundsTech.com.
 
About Eze Software

Eze Software is a global leading provider of investment management software solutions designed to optimize operational and investment alpha throughout the entire investment process. Eze Software provides the platform for growth for the entire investment management community, maximizing efficiencies across order management, trade execution & analytics, portfolio analytics & modeling, compliance & regulatory reporting, commission management, and portfolio & investor accounting. For more than 20 years Boston-based Eze Software has been driving innovation in financial technology. Today, Eze Software partners with more than 2,500 buy- and sell-side institutions in 45 countries from their 14 offices worldwide. For more information, visit www.ezesoft.com.
 
View source version on businesswire.com: https://www.businesswire.com/news/home/20180523006517/en/
 
Contact
For Eze Software
Veronica Belitski, +1 212-506-7523
vbelitski@ezesoft.com
or
For Sherpa Funds Technology
Richard Waddington/Craig McGee, +65 6410 9225
richard@sherpafundstech.com
craig.mcgee@sherpafundstech.com
 
Source : Eze Software
 
--BERNAMA

http://mrem.bernama.com/viewsm.php?idm=31962

PRA NAMED INTERNATIONAL CLINICAL RESEARCH COMPANY OF THE YEAR

RALEIGH, N.C., May 24 (Bernama-GLOBE NEWSWIRE) -- PRA Health Sciences, Inc. (NASDAQ:PRAH) is pleased to announce it was recognized by PharmaTimes as the International Clinical Research Company of the Year. This is the fifth year in a row that PRA has received this award.
 
“This award celebrates excellence in the clinical research industry and we are honored to once again be recognized by our peers,” said Colin Shannon, President and Chief Executive Officer. “This award is possible thanks to the incredibly talented PRA team members we have working around the world who are deeply committed to their work in bringing new and life-saving therapies to the patients who need them.”
 
PRA also swept the Clinical Research Associate and Clinical Trial Administrator categories capturing a total of 11 awards. These awards follow PRA’s recognition earlier this month in the PharmaTimes Americas competition where PRA also received 11 awards, including Company of the Year.
 
The PharmaTimes, International Clinical Researcher of the Year competition is designed to challenge, recognize, and reward the talent and passion of industry and academic researchers. Comprised of three stages, the competition offers professionals in the clinical research industry an opportunity to benchmark their skills against their peers in a learning environment and have them judged by an independent executive steering group of industry leaders.  
 
ABOUT PRA HEALTH SCIENCES

PRA is one of the world's leading global contract research organizations, by revenue, providing outsourced clinical development services to the biotechnology and pharmaceutical industries. PRA’s global clinical development platform includes More than 70 offices across North America, Europe, Asia, Latin America, South Africa, Australia and the Middle East, and over 15,800 employees worldwide. Since 2000, PRA has participated in approximately 3,700 clinical trials worldwide. In addition, PRA has participated in the pivotal or supportive trials that led to U.S. Food and Drug Administration or international regulatory approval of more than 75 drugs. To learn more about PRA, please visit www.prahs.com.
 
http://mrem.bernama.com/viewsm.php?idm=31973

​INTA SELECTS SINGAPORE FOR 142ND ANNUAL MEETING SLATED FOR APRIL 2020

SEATTLE, May 21 (Bernama-GLOBE NEWSWIRE) -- The International Trademark Association (INTA) today announced that it will hold its 142nd Annual Meeting-the world’s largest trademark event-in Singapore from April 25 to 29, 2020, at the Marina Bay Sands. This marks the second time INTA is bringing its Annual Meeting to Asia, and the first time that the organization will host the event in Southeast Asia.

INTA CEO Etienne Sanz de Acedo made the highly anticipated announcement at the opening ceremonies of the Association’s 140th Annual Meeting, taking place in Seattle, Washington, now through May 23. Nearly 11,000 trademark practitioners and other intellectual property (IP) professionals from 150 countries are gathering for this event. The number of registrants has been increasing each year.
http://mrem.bernama.com/viewsm.php?idm=31935

Juniper Networks ensure operational efficiency of Fujitsu's cloud platform




KUALA LUMPUR, May 22 (Bernama) -- Fujitsu Ltd has deployed Juniper Networks' cloud management platform, AppFormix to ensure operational efficiency of Fujitsu's cloud platform, Cloud Service K5 in Japan.
"We look forward to the continued advancement of AppFormix solutions in support of Fujitsu's operational needs going forward, especially for the potential global deployment of K5 as a continuation of our long-term, firm partnership," said vice president of Engineering at Juniper Networks, Sumeet Singh.

Fujitsu's K5 is the world's largest open-source based platform and has strong global adoption by organisations to drive digital business transformation, across the public, private and hybrid cloud, a statement said.

Juniper's AppFormix was selected to deploy Fujitsu's K5 platform for growing operational needs, offering simplified cloud operations management and performance optimisation capabilities through big data analysis and machine learning.

AppFormix also significantly reduces operational burden and complexity with the unique user-friendly GUI dashboard displaying real-time reporting and high level compatibility with OpenStack, allowing Fujitsu to better plan resource consumption and capacity expansion of the K5 platform in the future.

Previously, the open-source software used for the management of the K5 platform did not provide Fujitsu with the automated real-time management and data visualisation features it needed which resulted in manual processes and increased OPEX.

Juniper Networks Inc, an industry leader in automated, scalable and secure networks simplifies the complexities of networking with products, solutions and services in the cloud era to transform the way people connect, work and live. More information at www.juniper.net

--BERNAMA 


Wednesday 23 May 2018

​MOODY'S ANALYTICS EARNS ACCREDITATION BY MALAYSIA'S FINANCE ACCREDITATION AGENCY

KUALA LUMPUR, May 23 (Bernama-BUSINESS WIRE) -- Moody’s Analytics, a leading financial intelligence and learning solutions provider, is pleased to announce that its certification program in corporate and commercial credit (“Certificate in Commercial Credit,” or “CICC”) has been accredited by Malaysia’s Finance Accreditation Agency (FAA).
 
The FAA accreditation signifies that the Moody’s Analytics CICC program has met the rigorous standards set by the FAA for training courses in Malaysia. This accreditation underscores the relevance of the program to the financial services industry and its alignment with the Central Bank of Malaysia’s credit proficiency objectives.
 
“We are very pleased to add the Moody’s Analytics Certificate in Commercial Credit program to our portfolio of accredited learning programs,” said Khairul Nizam, CEO of FAA. “The accreditation was accorded following thorough quality assessment and assurance processes based on international best practices and FAA’s globally-benchmarked standards for learning program structure and content.”
 
The CICC program is uniquely designed to provide a comprehensive understanding of the principles and practices of modern commercial lending. The program captures the most essential building blocks of credit decisioning and offers specialized modules in timely topics such as problem loan identification and management, and responsible lending. The curriculum is delivered entirely online, using an interactive and responsive interface.
 
“We are honored to receive FAA accreditation for our Certificate in Commercial Credit,” said Ari Lehavi, Global Head of Moody’s Analytics Learning Solutions. “Thousands of banking professionals around the world have enhanced their professional skills with this curriculum and we look forward to delivering the same support to the banking community in Malaysia.”
 
The FAA accreditation comes on the heels of similar approvals granted by Singapore’s Institute of Banking and Finance and The Reserve Bank of India.

Click here to learn more about Moody’s Analytics Learning Solutions and Certifications.

http://mrem.bernama.com/viewsm.php?idm=31953

Morgan Stanley and Citi ranked first place in the 2018 All-Asia Research Team Survey

KUALA LUMPUR, May 23 (Bernama) -- Morgan Stanley grab first place for a second consecutive year on Institutional Investor´s exclusive annual team-based ranking of sell-side analysts with 34 positions in The 2018 All-Asia Research Team survey.

Institutional Investor also announced the first place on the individual analyst-based ranking led by Citi with 43 positions, Morgan Stanley in second place, Bank of America Merrill Lynch and UBS tied in third place and Credit Suisse secured in fifth place.

Head of Research, Asia, Cara Eio said the competition delivers the best overall research product for investors to support their investment decisions as the diversity of research offering and providers is healthy for investors, corporates and markets alike.

This year, the survey was met with a 17 per cent increase in voter participation leading to deep, record breaking results. The survey reflects the opinions of more than 4,703 portfolio managers and analysts at 1,381 institutions, a statement from Institutional Investor News said.

Institutional Investor offers highly-respected proprietary benchmark research and rankings on buy-side and sell-side research, hedge funds, corporates, fixed income and asset management. More information at www.institutionalinvestor.com

Northern Trust appoints new head of sales in APAC

KUALA LUMPUR, May 23 (Bernama) -- Northern Trust Corp - a leading provider of wealth management, asset servicing, asset management and banking - has appointed David I. Kim as a new head of sales for its Corporate and Institutional business in the Asia-Pacific (APAC) region.
Northern Trust has an established network of offices across APAC - Malaysia, Australia, China, Hong Kong, India, Japan, Philippines, Singapore and South Korea, a statement said.
Based in Singapore, Kim will report to Jon Dunham, head of global sales and William Mak, head of the APAC region at Northern Trust.
In his new role, Kim will lead a team of sales managers across the region to drive growth - offering Northern Trust's innovative and comprehensive range of asset servicing solutions to institutional investors and investment managers across APAC.
Kim has over twenty years of experience working in financial services and joins Northern Trust from BNY Mellon in Boston where he was most recently service executive and managing director, overseeing a team of US asset servicing directors.
He holds an Master of Business Administration from Boston College and a bachelor's degree in finance and investments from Babson College.
For more details visit northerntrust.com

Tuesday 22 May 2018

Long term outlook for Aurigen Reinsurance Ltd stable


KUALA LUMPUR, May 18 (Bernama) -- A.M. Best outlook for the Long-Term ICR has been revised to stable from positive for Aurigen Reinsurance Ltd (Pembroke, Bermuda) based on the company's intention to merge Aurigen Reinsurance Ltd with PartnerRe Life Reinsurance Company of Bermuda Ltd and eliminate Aurigen Reinsurance Ltd. The outlook for the FSR remains stable.

However, A.M. Best has withdrawn the ratings as the company has requested it will no longer participate in A.M. Best's interactive rating process, a statement said.

Earlier A.M. Best affirmed the financial strength rating (FSR) of A (excellent) and the long-term issuer credit rating (Long-Term ICR) of ‘a' of the company.

The ratings reflect Aurigen Reinsurance Ltd's balance sheet strength which A.M. Best categorises as strongest, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.

A.M. Best is the world's oldest and most authoritative insurance rating and information source. More information at www.ambest.com.

-- BERNAMA