Monday, 18 September 2023

AXI LAUNCHES AXI SELECT, A PIONEERING ALL-INCLUSIVE CAPITAL ALLOCATION PROGRAMME OFFERING SKILLED TRADERS FUNDING OF UP TO $1,000,000 USD

[We see the Trader in You !]


SYDNEY, Australia, Sept 18 (Bernama-GLOBE NEWSWIRE) -- 
Axi a leading global Forex and CFD broker has announced the launch of Axi Select, a groundbreaking capital allocation programme. The programme is specifically crafted to empower traders by offering them a pathway to access capital funding up to $1,000,000 USD and facilitating their progression into professional trading. Setting a new precedent within the industry, Axi Select offers traders the exceptional advantage to join the program with zero registration fees, as well as the opportunity to earn up to 90% of their profits.

Greg Rubin, Head of Axi Select, says: “Through the introduction of Axi Select, our innovative capital allocation programme, we aim to provide an opportunity for traders to forge long and successful careers, empowering them to realize their lifelong aspirations of becoming professional traders. Our comprehensive programme provides the capital, support, and resources necessary for traders to thrive in the dynamic world of trading. We are committed to fuelling their passion, driving their success, and providing unwavering support as they navigate towards achieving their goals.” The programme offers a range of notable features, including unrestricted trading conditions, the Edge score which allows traders to fine-tune their strategies and enhance their trading performance, and an exclusive trading room which serves as a dedicated hub, offering real-time market updates and curated educational content. 

[LEARN MORE AND JOIN AXI SELECT]

The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. This content is not available for AU, NZ, and UK clients. For more information, refer to our Terms of Service. Other Fees may apply.

Click here to watch the Axi Select fireside chat

Talking about Axi Select, Louis Cooper, Chief Commercial Officer at Axi, says “At Axi, we take pride in being a brand that consistently brings the edge to life for our customers. Our revolutionary new offering, Axi Select, is the first-of-its-kind among brokers and another true reflection of our brand promise. We have previously allocated $39M to traders in previous programmes and enabled several traders break out into pro trading status. With Axi Select, we will deliver unparalleled opportunities to our traders whilst both redefining the boundaries of what’s possible in trading and reshaping the evolution of the financial industry.”

Axi offers a streamlined process to participate in Axi Select – with no signup or membership fees, traders can effortlessly submit their application and start trading. Upon achieving a designated Edge Score, traders can start to secure capital funding of up to $1,000,000 USD. 

[LEARN MORE AND JOIN AXI SELECT]

The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. This content is not available for AU, NZ, and UK clients. For more information, refer to our Terms of Service. Other Fees may apply.

Click here to watch the Axi Select fireside chat

About Axi

Axi is a global online FX and CFD trading company, trusted by thousands of ambitious customers in 100+ countries around the world. We help all types of traders, trading businesses, banks and financial organizations find the edge they need to achieve their financial goals through informed transactions made on the world's financial markets. Axi offers a wide range of assets including CFDs for several asset classes including Forex, Shares, Gold, Silver, Oil, Coffee, Indices, and other commodities.

At Axi, we are proud of our reputation as an honest, fair, and trusted broker. Our many awards and 'Great' Trustpilot reviews prove we have earned the confidence of customers who value our outstanding service, fast execution, secure payments, segregated funds, and easy withdrawals.

For further enquiries contact service@axi.com

Check out other Axi communication at https://www.axi.com/int/blog/company-news

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/d50c2d41-8931-47bd-9b0f-6a5572fb88e4
https://www.globenewswire.com/NewsRoom/AttachmentNg/987d1f0e-63e9-4234-aaaf-6c041d74d3ba
https://www.globenewswire.com/NewsRoom/AttachmentNg/9a391ff3-5046-485a-916e-cca5bbb247b2

PDF accompanying this announcement is available at: 
http://ml-eu.globenewswire.com/Resource/Download/1cfa04fb-a4cb-4b4d-b0dc-5b14a9f0aa0f


SOURCE : Axi Financial Services (UK) Limited

Friday, 15 September 2023

Planview Unveils Advanced Generative AI Assistant For Connected Work

 


A user queries Planview Copilot: "What should I be worried about?" Instantly, Planview Copilot delivers a list of items, flagging issues like team overload. (Photo: Business Wire)


KUALA LUMPUR, Sept 13 (Bernama) -- Planview, a leader in Portfolio and Value Stream Management has launched Planview Copilot, an advanced generative artificial intelligence (AI) assistant for connected work, at its annual flagship customer event, Planview Accelerate.

Trained using a unique and comprehensive data set, Planview Copilot accesses operational insights across Portfolio Management, Value Stream Management, and Agile Planning and Delivery to accelerate insights and action data-driven, strategic decision-making via a conversational interface.

Its Chief Executive Officer, Razat Gaurav said Planview Copilot leverages all the relevant data across project and product initiatives and brings insights, decision support, and actions through a simple, conversational interface.

“This is an important evolution in our journey from being a system of record to becoming a system of insights for digital transformations,” he said in a statement.

Planview Copilot taps into an extensive ecosystem of operating data that other AI assistants in the market cannot access.

Combined with methodologies such as Planview’s Flow Methodology and Agile Principles, this collective intelligence enables Planview Copilot to coach and mentor, identifying bottlenecks and offering solutions along the strategy-to-execution journey.

Furthermore, using natural language processes to interact with teams and individuals conversationally, Planview Copilot simplifies complex data insights and provides clear choices and recommendations for decision-makers across all levels of the organisation.

Slated to be available in fourth quarter of this year, the Planview Copilot announcement comes on the heels of the company's summer launch of Digital Products Insights, an industry-first convergence of Portfolio Management, Agile Planning and Value Stream Management.

-- BERNAMA


Thursday, 14 September 2023

BEST'S MARKET SEGMENT REPORT: OPERATING PERFORMANCE, RETRO COST DRIVE ASIAN REINSURER STRATEGIES

HONG KONG, Sept 11 (Bernama-BUSINESS WIRE) -- Despite a sharp increase in catastrophe losses outside their home markets and a challenging investment environment, major Asia-Pacific reinsurance companies still managed to deliver strong year-over-year net premium growth of 8.1% in 2022, according to a new AM Best report.

The Best’s Market Segment Report, “Operating Performance, Retro Cost Drive Asian Reinsurer Strategies”, is part of AM Best’s look at the global reinsurance industry in concert with the Rendez-Vous de Septembre in Monte Carlo. Additional reports, including AM Best’s annual ranking of the Top 50 global reinsurance groups and in-depth looks at the insurance-linked securities, Lloyd’s, life/annuity, health and regional reinsurance markets, are available at Best’s Research.

According to this report, which is based on the operating performance of a group of selected Asia-Pacific-domiciled reinsurers that rank among the top 50 largest reinsurance groups globally, reinsurers sustained the ability to deliver stable operating and combined ratios in 2022. The composite’s net income fell to USD 166 million in 2022 from USD 688 million in 2021, while return on equity also declined significantly, to 1.8% in 2022 from 7.0%. However, the combined ratio of reinsurers in the Asia-Pacific composite improved slightly to 100.8 in 2022 from 101.1 in the previous year, lower than the five-year average of 101.0.

“With a higher cost of capital and a challenging investment environment in 2022, Asia-Pacific reinsurers maintained their underwriting discipline in 2023 renewal to ensure a reasonable profit margin and adjust pricing in proportional treaties to improve performance,” said Christie Lee, senior director, head of analytics, AM Best. “Primary insurers also followed this rule, aligning with reinsurance pricing, terms and conditions, which is expected to lead to better revenue and underwriting results for reinsurers.” 

GLOBAL DIGITAL WALLET USERS EXCEED 5 BLN IN 2028 - JUNIPER RESEARCH



KUALA LUMPUR, Sept 13 (Bernama) -- The number of digital wallet users globally will exceed 5.4 billion in 2028; rising from 3.7 billion in 2023, according to a new study from Juniper Research.

According to Juniper Research in a statement, this 46 per cent growth reflects transition towards offering more advanced financial services to drive strong user growth.

Underpinned by a robust scoring methodology, the new Competitor Leaderboard ranked the top 15 leading digital wallet platforms across a number of criteria, including range of payments facilitated, innovation and future business prospects.

The top five leaders for 2023 are Ericsson; Comviva; Huawei; Netcetera; and OpenWay.

The market leaders were identified as offering more advanced financial services through their platforms, widening services their customers can offer and opening up new revenue opportunities.

“Digital wallet services have the opportunity to fulfil a wider role, but ensuring their wallet technology platform offers the right mix of capabilities to fill this role is critical,” said report author Michael Greenwood.

Furthermore, the report highlighted Open Banking as key for digital wallet vendors in developed markets, with Open Banking-facilitated payments offering a low-cost and friction-free alternative to other mechanisms.

Therefore, digital wallet platforms must build partnerships to ensure their customers can offer new, innovative services to drive further growth.

-- BERNAMA 

Wednesday, 13 September 2023

H.I.G. CLOSES US$5.5 BLN FOURTH MIDDLE MARKET LBO FUND



KUALA LUMPUR, Sept 13 (Bernama) -- H.I.G. Capital (H.I.G.), a global alternative asset management firm with US$58 billion of capital under management, has announced the closing of H.I.G. Middle Market LBO Fund IV. (US$1=RM4.67)

In a statement, H.I.G. said the fund closed with aggregate capital commitments of US$5.5 billion, in addition to co-investment separately managed accounts of US$450 million, significantly exceeding its original target.

The fund will build on the team’s deep-rooted track record by primarily making control equity investments in complex situations in the United States (US) middle market companies with asymmetric risk/reward profiles and a differentiated value proposition.

Its co-founders and co-chief executive officers, Sami Mnaymneh and Tony Tamer said: “We are delighted with the continued support from our investors, reflecting the strong performance of the H.I.G. Middle Market team and its differentiated investment approach. We are confident that our unique platform will continue to set us apart in this space.”

Meanwhile, its Middle Market head, Keval Patel said the firm’s scale and operational expertise dedicated to the middle market continue to create a meaningful competitive advantage and allow it to drive significant returns to its investors regardless of the macroeconomic environment.

Supported by H.I.G.'s long-standing investor base and new investors globally, the fund's Limited Partners are a diverse and prestigios group of institutional investors.

Based in Miami, US, H.I.G. specialises in providing both debt and equity capital to middle market companies, utilising a flexible and operationally focused/value-added approach.

-- BERNAMA

LIVE BOARD LEVERAGES NTT DOCOMO'S CARRIER ROAMING DATA TO ENABLE DOOH MEDIA PLANNING, USING INBOUND TOURISTS' BEHAVIORAL ANALYSIS

 AsiaNet 100321

TOKYO, Sept. 13, 2023 /Kyodo JBN-AsiaNet/ --

- Visualizing High Inbound Visitor Dominance in Screen Rankings -
 
LIVE BOARD, INC., an operator of a digital out-of-home (DOOH) ad network that achieves data-driven targeting and effectiveness verification, has successfully utilized NTT DOCOMO's carrier roaming data (roaming ID data) (*1) to analyze information on the location of inbound tourists, finding signs of recent recovery in foreign travelers to Japan (*2). In addition to the existing criteria for out-of-home (OOH) media planning, such as circulation data and reputation of the area concerned, LIVE BOARD has incorporated such analytical data into DOOH media planning (primary analysis) for advertisers, enabling more sophisticated and efficient ad delivery. This is an innovative technology both domestically and internationally.
 
Image1:
https://cdn.kyodonewsprwire.jp/prwfile/release/M105808/202308258518/_prw_PI2fl_I02Yl3xo.jpg
 
 
Image2:
https://cdn.kyodonewsprwire.jp/prwfile/release/M105808/202308258518/_prw_PI3fl_0L63YZ61.png
 
 
Roaming ID data refers to the overseas carrier data obtained when inbound tourists connect to NTT DOCOMO's network. By analyzing the data along with base station location information, it has become possible to understand the characteristics of inbound tourists, including "when," "where," and "which country's visitors" are present, within the DOOH screen of the LIVE BOARD marketplace, covering a total of 26,400 or more screens in 9 cities across Japan (in Hokkaido, Miyagi, Chiba, Saitama, Tokyo, Kanagawa, Aichi, Osaka, and Fukuoka prefectures).
 
Download materials from: https://liveboard.co.jp/en/download
 
Visualizing Inbound Tourist Trends and High Visitor Ratio Rankings on LIVE BOARD Screens
Leveraging roaming ID data, LIVE BOARD has conducted a comprehensive analysis of inbound tourist data from among the 26,400 screens connected to its nationwide marketplace. This dataset enables the ranking of screens based on the highest percentage of visitors from each country, providing valuable insights for strategic planning.
 
Image3: Analysis Visual
https://cdn.kyodonewsprwire.jp/prwfile/release/M105808/202308258518/_prw_PI5fl_CT2ZI52W.png
 
 
Example: Screen Rankings of Inbound Visitors - "Global" and "Chinese" Segmentation
 
Image4:
https://cdn.kyodonewsprwire.jp/prwfile/release/M105808/202308258518/_prw_PI6fl_wrQj1Bdt.png
 
 
Segment: Global Visitors to Japan (Representing Approximately 220 Nations)
- 1st: Osaka AD VISION
- 2nd: Osaka TOMBORI STATION
- 3rd: Osaka Metro Network Vision Nippombashi Station
 
Segment: Chinese Visitors to Japan (Comprising Influential Part of Japan's International Visitors)
- 1st: Marunouchi Station Vision Ginza Station
- 2nd: Shimbashi SL VISION
- 3rd: Shimbashi Ryukakusan Vision
 
This service is recommended specially for clients that deal with the following services:
- Home appliance manufacturers
- Travel-related
- Daily necessities/cosmetics/medical supplies
- Luxury brands
- Souvenir-related
 
Image5:
https://cdn.kyodonewsprwire.jp/prwfile/release/M105808/202308258518/_prw_PI7fl_wMTItM62.png
 
 
LIVE BOARD Screens Across the Country
LIVE BOARD currently has more than 26,400 screens, and is continuing to expand its network every day, not only by installing its own new screens, but also by aggregating screens from partners across the country.
URL: https://liveboard.co.jp/en/screen
 
Notes:
(*1) LIVE BOARD utilizes data for which the company has obtained prior consent from customers.
 
(*2) Inbound Tourism Shows Signs of Recovery
According to a transition report by the Japan National Tourism Organization (JNTO), there was a notable recovery in tourism from various countries between July 2022 and June 2023.
 
Trend of Visitor Arrivals to Japan between July 2022 and June 2023
https://cdn.kyodonewsprwire.jp/prwfile/release/M105808/202308258518/_prw_PI4fl_uCY9J443.png
 
 
*Reference: JNTO's June 2023 Estimates Report, compared to the same month in 2019.
 
About LIVE BOARD, INC.
LIVE BOARD is the first company in Japan to achieve impression-based ad delivery in OOH. It deploys advertisement delivery and billing systems in accordance with actual conditions that are based on the estimated number of viewers "at that time, in that place, and for that specific ad," even during the COVID-19 pandemic, when people's movement patterns are prone to change. In addition, by combining big data from Japan's largest mobile carrier with its own network, which includes a wide range of digital OOH across Japan, including outdoor, indoor, train, and station OOH ads, LIVE BOARD has been able to deliver personalized ads, such as targeting by gender and age, that was not possible with traditional OOH.
 
- Company name: LIVE BOARD, INC
- Business details: DOOH advertising distribution platform management, DOOH advertising media development, DOOH advertising space sales
- Website: https://liveboard.co.jp/en/
 
 
Source: LIVE BOARD, INC.

Friday, 8 September 2023

Arm Kicks Off IPO Roadshow

KUALA LUMPUR, Sept 6 (Bernama) -- Arm Holdings plc (Arm) has launched a roadshow for the initial public offering (IPO) of American depositary shares (ADSs) representing its ordinary shares.

According to Arm in a statement, a total of 95.5 million ADSs are being offered by the selling shareholder, a wholly-owned subsidiary of SoftBank Group Corp, in the IPO, with a price range of US$47.00 to US$51.00 per share. (US$1=RM4.67)

Arm expects the selling shareholder to grant the underwriters an option to purchase up to an additional seven million ADSs to cover over-allotments, if any, for 30 days after the date of the final prospectus.

The company has applied to list the ADSs on the Nasdaq Global Select Market under the symbol “ARM”.

Raine Securities LLC is acting as financial advisor in connection with the proposed offering, while Barclays, Goldman Sachs & Co LLC, J.P. Morgan and Mizuho are acting as joint book-running managers for the proposed IPO.

Building the future of computing, Arm’s energy-efficient processor designs and software platforms have enabled advanced computing in more than 250 billion chips, while its technologies securely power products from the sensor to the smartphone and the supercomputer.

-- BERNAMA