Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 33 n° 244

Archive for 10 dicembre 2019

The future of textiles introduced in the Presidential Palace of Finland

Posted by fidest press agency su martedì, 10 dicembre 2019

Helsinki. Finland celebrates today its 102 years of independence and Maria Ohisalo, Interior Minister of Finland, will be walking the red carpet tonight wearing the future material for Finland’s No 1 annual reception at the Presidential Palace in Helsinki. The stunning evening dress material is made by Finnish Infinited Fiber Company (IFC), which is said to be the rescuer of the world’s fashion and textile industries.Interior Minister Ohisalo wanted to wear a dress that underlines our future direction for sustainable consumption of textiles. The Finnish circular economy top innovation, awarded by WWF, solves one of the worst environmental problems in the world. “I am proud to wear a Finnish circular economy innovation. We need solutions to cope with the escalating textile waste problem caused by fast fashion. The problem can be solved by increasing the life cycle of garments, developing repair and rental services and innovations for recycling the textile waste,” says Maria Ohisalo, Interior Minister of Finland.The dress is made from post-consumer cotton-based textile waste that would have been either burned or sent to landfills. Now the fibers got a new and enhanced life ahead. And the best part is when the dress has come to the end of its new life it can be put through the same process again. And again, and again. Endlessly. The fabric, born as a result of Finnish engineering, has the same appearance, touch and feel as cotton but the fiber as enhanced qualities that beat conventional cotton both technically and ecologically. The material preserves it dyes better and it needs less rounds in the washer. Several global fashion brands, like Lee, Wrangler and Tommy Hilfiger, have tested the IFC fiber in their production with success. Last week Swedish Weekday brand announced their stunning denim garment designed together with the Game of Thrones star Maisie Williams.Designer of Minister Ohisalo’s beautiful long evening dress Anne-Mari Pahkala has always been interested in technology and new innovations in fashion industry. “I find it important that industry and science seek for new solutions for the drastic problems of the textile industry. My interest towards IFC awaked when I was visiting their mill together with Maria Ohisalo. Soon after the visit we began our common project that aimed to design and make a luxurious evening dress from the basis of this material of the future,” says fashion designer Anne-Mari Pahkala. New and better man-made cotton made in IFC’s revolutionary process excludes huge amount of carbon and methane emissions not to mention fertilizers, fresh water and chemicals used by cotton farming. Still, the end result is not a compromise in quality, nor in appearance.The technological breakthrough in IFC’s process is that it can separate the synthetic fibers from cotton. The remaining pure biodegrading natural cellulose can be recycled through the same process endlessly without weakening the fiber quality.
”Waste generated by textile industry is one of the heaviest burdens to our planet. We have the technology that can be easily scaled up to industrial level, solve the problem and make a true climate action. The future of fashion industry is based on circular economy,” says Petri Alava, CEO of IFC. IFC’s fiber is born in nearly carbon neutral process. Besides cotton-rich used garments the genius technology can also digest other cellulose based materials, like cardboard and paper waste but also agricultural waste like rice straws that are burned vast amounts in Asia.IFC is manufacturing fiber from post-consumer textile waste at its pilot plant in Finland 50 tons per year and is building another 500-ton mill to provide more fiber for global fashion brand’s tests and capsule collections.

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AM Best Revises Outlooks to Positive for Pacífico Compañía de Seguros y Reaseguros S.A.

Posted by fidest press agency su martedì, 10 dicembre 2019

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Pacífico Compañía de Seguros y Reaseguros S.A. (PCS) (Lima, Perú). The ratings reflect PCS’s balance sheet strength, which AM Best categorizes as strongest, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM).The revision of the outlooks to positive reflects the gradual strengthening of PCS’ balance sheet after achieving capital efficiencies from the consolidation of its property/casualty (P/C) and life operations, as well as improving economic conditions in Peru. AM Best expects that the company’s risk-adjusted capitalization will remain supported by its appropriate ERM.The ratings of PCS also reflect the company’s strong market share in Peru’s insurance market, as well as its comprehensive and well-diversified reinsurance program. Limiting the ratings is Peru’s competitive landscape within the company’s key segments such as auto, health and life, which have a limited number of insurers when compared with more developed insurance markets. PCS is Peru’s second-largest insurer with a market share of 26.2%. As of October 2019, the company’s business portfolio was composed of 53% life and 47% non-life. Its ultimate parent is Peru’s largest financial holding company, Credicorp Ltd. [NYSE: BAP], which had USD 52.6 billion in assets as of December 2018. After two years of consolidating its life and property/casualty (P/C) business into PCS, the company has maintained its risk-adjusted capitalization at the strongest level, as measured by Best’s Capital Adequacy Ratio (BCAR). PCS benefits from risk mitigation achieved through diversification and a robust and comprehensive reinsurance program with highly rated reinsurers.PCS has maintained adequate operating performance, with life-side investment products contributing to the result, while P/C products have performed significantly well with positive technical results despite a lower level of new car sales in the auto segment. Historically, the company has reported healthy growth rates despite diverse market events in recent years.Positive rating actions could take place if the company is able to maintain its risk-adjusted capitalization at the strongest level, as measured by Best’s Capital Adequacy Ratio, supported by consistent operating results and appropriate ERM.Negative rating actions could take place if the company’s underwriting results weaken due to relaxed underwriting standards or a more aggressive risk appetite that could erode capital to levels that no longer support the net required capital for the risks the company faces.

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Family Office & Wealth Management Course

Posted by fidest press agency su martedì, 10 dicembre 2019

The “Family Office & Wealth Management Course” training has been added to ResearchAndMarkets.com’s offering.This 2 day practical programme for family office representatives, family members and wealth managers explores the best strategies for preserving family wealth and managing a modern family office.You will have a chance to explore the family governance mechanisms, intergenerational wealth transfer, managing complexities of international wealth mobility and succession planning. You will also learn about the operational settings and asset allocation, cost and risk management, tax advisory and philanthropy. Conducted by a family office expert with many years of providing services for high net worth clients worldwide, this course focuses on the latest market trends and effective wealth preservation strategies.

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U.S. Bank Announces Redemption of Senior Notes

Posted by fidest press agency su martedì, 10 dicembre 2019

U.S. Bank National Association today announced the redemption on December 17, 2019, of all its outstanding Floating Rate Senior Notes due January 17, 2020 (CUSIP 90331HNK5). The redemption price for the Senior Notes will be equal to $1,000 per $1,000 original principal amount, plus any accrued and unpaid interest to, but excluding, the redemption date of December 17, 2019.U.S. Bancorp, with 74,000 employees and $488 billion in assets as of September 30, 2019, is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. The Minneapolis-based bank blends its relationship teams, branches and ATM network with mobile and online tools that allow customers to bank how, when and where they prefer. U.S. Bank is committed to serving its millions of retail, business, wealth management, payment, commercial and corporate, and investment services customers across the country and around the world as a trusted financial partner, a commitment recognized by the Ethisphere Institute naming the bank a 2019 World’s Most Ethical Company. Visit U.S. Bank at usbank.com or follow on social media to stay up to date with company news.

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Technology Platforms, and Manufacturing Capabilities

Posted by fidest press agency su martedì, 10 dicembre 2019

Sangamo Therapeutics, Inc. (Nasdaq: SGMO), a genomic medicine company, today announced that the Company plans to host an R&D Day on December 17, 2019 at 8am Eastern Time in New York City. Sangamo executives and scientists will provide updates across the Company’s clinical and preclinical pipeline of genomic medicine product candidates, offer perspective on clinical data being presented at the upcoming American Society of Hematology Annual Meeting, and provide an overview of the Company’s manufacturing capabilities to support clinical and commercial supply.A live webcast of the R&D Day including audio and slides will be available on the Events and Presentations page of the Sangamo website. A replay of the event will be archived on the website.
Sangamo Therapeutics is committed to translating ground-breaking science into genomic medicines with the potential to transform patients’ lives using gene therapy, ex vivo gene-edited cell therapy, and in vivo genome editing and gene regulation. For more information about Sangamo, visit http://www.sangamo.com.

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Tradeweb to Participate in Goldman Sachs U.S. Financial Services Conference

Posted by fidest press agency su martedì, 10 dicembre 2019

Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced that Chief Executive Officer Lee Olesky and Chief Financial Officer Robert Warshaw are scheduled to speak at the Goldman Sachs U.S. Financial Services Conference in New York on Tuesday, December 10, 2019 at 9:50 a.m. EST.
A live webcast of the session will be available at http://investors.tradeweb.com. A replay will be accessible at the same site for approximately 180 days following the conclusion of the event.Tradeweb Markets Inc. (Nasdaq: TW) is a leading, global operator of electronic marketplaces for rates, credit, equities and money markets. Founded in 1996, Tradeweb provides access to markets, data and analytics, electronic trading, straight-through-processing and reporting for more than 40 products to clients in the institutional, wholesale and retail markets. Advanced technologies developed by Tradeweb enhance price discovery, order execution and trade workflows while allowing for greater scale and helping to reduce risks in client trading operations. Tradeweb serves approximately 2,500 clients in more than 65 countries. On average, Tradeweb facilitated more than $700 billion in notional value traded per day over the past four fiscal quarters. For more information, please go to http://www.tradeweb.com.

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Zuora to Participate in the Barclays Global TMT Conference

Posted by fidest press agency su martedì, 10 dicembre 2019

Zuora, Inc. (NYSE: ZUO), the leading cloud-based subscription management platform provider, today announced that its Chief Financial Officer, Tyler Sloat, is scheduled to participate in a fireside chat at the Barclays Global TMT Conference on Thursday, December 12, 2019, in San Francisco at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time).
Zuora provides the leading cloud-based subscription management platform that functions as a system of record for subscription businesses across all industries. Powering the Subscription Economy®, the Zuora platform was architected specifically for dynamic, recurring subscription business models and acts as an intelligent subscription management hub that automates and orchestrates the entire subscription order-to-cash process, including billing and revenue recognition. Zuora serves more than 1,000 companies around the world, including Box, Rogers, Schneider Electric, Xplornet and Zendesk. Headquartered in Silicon Valley, Zuora also operates offices in offices around the world in the U.S., EMEA and APAC. To learn more about the Zuora platform, please visit http://www.zuora.com.

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26th Annual Venture Capital & Private Equity Conference

Posted by fidest press agency su martedì, 10 dicembre 2019

The Venture Capital & Private Equity Club, the largest student club at Harvard Business School, will hold its 26th annual Venture Capital & Private Equity Conference on Saturday, February 8, 2020, on the Harvard Business School campus in Boston. One of Harvard Business School’s most anticipated student-run conferences, the one-day event will host more than 1,000 professionals and students to discuss the most pressing issues facing today’s alternative investing industry. Several new panel topics will be introduced this year, including panels on Frontier Technologies, First Time Funds, Mobility, and Investing in China. Also on the agenda are many of last year’s popular topics, including panels on the State of PE, State of VC, Technology, Healthcare, Consumer, and more. More than 300 senior professionals from leading private equity and venture capital firms from around the country will participate in the conference.
“The HBS Venture Capital & Private Equity Conference continues to be one of the most reputable and prominent events at the business school level,” said Tony James, Executive Vice Chairman of The Blackstone Group. “I am excited to be speaking at this noteworthy event which brings together some of the most talented and respected alternative investment professionals. I look forward to exchanging views on the private equity and venture capital industries.”“We are very pleased to have once again the distinct opportunity and pleasure of hosting the VCPE Conference,” said John Dionne, Senior Lecturer of Business Administration at Harvard Business School. “The conference has continued to evolve and attract very highly regarded participants and attendees, which is a credit to the past and present members of HBS’ highly regarded Venture Capital and Private Equity Club. We are thrilled to once again welcome to campus some of the brightest minds in the alternative investing space and facilitate robust debate.” “Having been fortunate enough to be a graduate of Harvard Business School, I have seen firsthand how this conference continues to reinvent itself and offer unique keynotes and panels that are relevant to both the current and future states of the global alternative investment space,” said Jim Breyer, Founder and Chief Executive Officer of Breyer Capital. “The VCPE team spends an extraordinary amount of time and effort to put together a thoughtful and quality agenda that provides attendees with key takeaways that they can apply to their respective careers and personal ambitions. In addition to providing my thoughts and insights as an early-stage investor, I am eager to hear the views of other participants, scholars, and students, and look forward to another successful event.”

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Horizon8 Opens European Headquarters in Cork with Plans for up to 50 Jobs

Posted by fidest press agency su martedì, 10 dicembre 2019

Horizon8, an innovative, technology solutions company today opens its European headquarters in Cork, Ireland. Formerly called HengTian, the Company was created in 2004 as a strategic partnership between Boston based State Street, and Hangzhou based Insigma Technology and Zhejiang University. The new office in Cork will mark the first European office for Horizon8 adding to the company’s North American presence in Boston.An Tánaiste (Deputy Prime Minister), Simon Coveney, T.D. commenting on the opening said: “This announcement is great news for Cork and indeed Ireland. With up to 50 jobs planned, Horizon8 is placing a significant vote of confidence in the Irish Market and further demonstrates our competitive position in attracting Foreign Direct Investment. All of these roles will be for high-skilled workers, including engineers, developers and business consultants. As a Government, we have been committed to making sure that there is a strong pipeline of job opportunities outside of Dublin and today’s announcement reaffirms this.”
Robert Williams, Chairman of Horizon8 said: “We are delighted to launch our European headquarters in Cork. The re-branding of HengTian to Horizon8 as well as the new office opening marks the next step in the evolution of our global business. Through our presence in Ireland we are ideally placed to serve a growing international client base, building on the successful work we have carried out over the past 15 years.” Commenting on the opening, Patrick Horgan, Managing Director of Horizon8 in Europe, said: “For Horizon8, Cork offers us access to a deep talent pool, European connectivity and most importantly a location which is surrounded by best in class academic institutions. Through our collaboration with University College Cork, we are committed to driving R&D innovation in Ireland. We look forward to building our presence here in the coming years and creating jobs but also new, cutting-edge solutions for our customers around the world.” Since its inception, Horizon8 has developed a suite of capabilities and solutions across professional services, data analytics, AI and blockchain technology, working with clients across a multitude of sectors.

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CORE Industrial Partners Portfolio Company Midwest Composite Technologies Acquires ICOMold

Posted by fidest press agency su martedì, 10 dicembre 2019

CORE Industrial Partners (“CORE”), a Chicago-based private equity firm, announced today the acquisition of ICOMold (the “Company”), a leading digital manufacturer with an expertise in injection molding, by CORE portfolio company Midwest Composite Technologies (“MCT”). The ICOMold transaction follows the acquisition in September of FATHOM, an on-demand digital additive manufacturer that combines 3D printing and traditional manufacturing technologies. The combined company’s global footprint now includes over 185,000 square feet of manufacturing capacity across five facilities on two continents. Financial terms of the transaction were not disclosed.
Headquartered in Toledo, Ohio, with a second facility in Shenzhen, China, ICOMold specializes in injection molding, including prototype and production tooling and molds, overmolding, insert molding and family molds, and also offers CNC machining across both metals and plastics as well as urethane casting. The Company’s primary manufacturing capabilities are complemented by value-added secondary processing, including ultrasonic welding, hot plate welding, heat pressing, pad printing and silk screening. Combining an interactive, automated quotation system capable of providing feedback in 30 seconds with an intuitive, customer-facing project management portal, ICOMold serves a highly diversified customer base across a variety of end markets, including medical, consumer, industrial, electronics and transportation. The Company holds an ISO 9001:2015 certification. Michael Zhao, Founder and President of ICOMold, said, “On behalf of ICOMold, we’re very excited to join forces with MCT and FATHOM. We firmly believe the technology-enabled customer experience at ICOMold is unparalleled, and we’re confident the capabilities of the combined business and the resources from CORE will allow us to successfully pursue our mutual goal to build a market-leading advanced manufacturing firm for prototype and production parts. We look forward to combining with MCT to help drive further growth into the business and expand our service offerings to our customers.”

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Latin America Healthcare Leadership Briefing Forecast for 2020

Posted by fidest press agency su martedì, 10 dicembre 2019

The “Latin America Healthcare Leadership Briefing” country profile has been added to ResearchAndMarkets.com’s offering.Healthcare multinationals operating in Latin America continue to face rapidly evolving market-access conditions, especially in the region’s second-largest market, Mexico. The challenges faced in areas such as procurement, reimbursement, and product registration will not dissipate in the near term despite forecasted acceleration in healthcare spending in the region in 2020. To outperform market growth, regional and local teams will need to anticipate changes to healthcare policy as well as other conditions in the operating environment to design strategic initiatives within and across countries to capture upside opportunity. This report provides our views regarding healthcare expenditure growth across the region, key risks and opportunities that regional teams should be focused on, and actionable insights regarding the key strategic imperatives facing multinational healthcare companies in the Latin America region.

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Alfresco Wins 2019 Aragon Research Innovation Award for Content Management

Posted by fidest press agency su martedì, 10 dicembre 2019

Alfresco Software, a commercial, open source software company, has been named a winner of the 2019 Aragon Research Innovation Award for the Content Management category.The award recognizes Alfresco’s Digital Business Platform for its extensive content, process and governance solutions. The open source, cloud-native and developer-friendly platform meets the needs of the modern workforce to easily manage and scale content and process-intensive operations while reducing costs. This year Alfresco introduced new offerings designed to help organizations take advantage of cloud agility and capabilities faster than ever before. Additionally, the Alfresco Digital Business Platform now leverages artificial intelligence to automatically extract information from multiple content sources, helping customers uncover new business insights. The Aragon award recognizes providers leveraging visionary use of technology to not only adapt as markets change, but to actively disrupt and inform how their markets will evolve. Alfresco was formally presented with the award on December 5th, 2019 at Aragon Transform, the annual Aragon Research awards ceremony.The identification of an Aragon Research award winner is not an endorsement by Aragon Research of any vendor, product, or service.

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New Technical Partnership and Solution Integration

Posted by fidest press agency su martedì, 10 dicembre 2019

London, UK, (GLOBE NEWSWIRE) Cancer informatics and digital pathology provider Inspirata announced today a new technical partnership with Artificial Intelligence (AI) provider DeePathology affording joint customers with the ability to utilise DeePathology’s proprietary Helicobacter Pylori (H.Pylori) Decision Support System, directly from within Inspirata Dynamyx™, to improve reporting accuracy and safely accelerate the H. Pylori diagnostic process.H. Pylori (HP) is a type of bacteria that lives within the digestive tract of approximately two-thirds of the global population. While infection typically causes the carrier little or no issue, for a minority of individuals the presence of H. Pylori can lead to health complications such as stomach ulcers, and in certain circumstances, cancer. Given the endemic nature of the bacteria, testing for H. Pylori in H&E and Giemsa-stained gastric biopsies is a routinely performed exercise. However, present analogue testing methods require an intervention by a pathologist, are time-consuming and can often see relevant bacteria missed. Moreover, inter and intra observer agreement when it comes to the detection of H. Pylori by expert pathologists is relatively low. To address this challenge, DeePathology has spearheaded an effort to explore how AI-based image analysis techniques could be used as a vehicle for assisting the pathologist find and confirm the likely presence of H. Pylori in a case. This effort has culminated in the successful release of DeePathology’s H. Pylori Decision Support System.“Our relentless focus on empowering customers to utilise best-of-breed AI solutions as a means of reducing the length of time, level of effort and instances of error in executing a case made the question of whether Inspirata should partner with DeePathology a very easy one to answer,” detailed Mark Lloyd Inspirata EVP and Founder. “The ground-breaking work of DeePathology in H. Pylori detection really speaks for itself. Similarly, the integration of the H. Pylori Decision Support System into Dynamyx™ represents another tangible example of how open platforms and provider collaboration make it so much easier for clinical laboratories to embrace innovation in their efforts to improve patient outcomes.”The shared Inspirata and DeePathology integration works by the H. Pylori Decision Support System automatically reading, detecting and ranking images consistent with the presence of H. Pylori as they are ingested into Dynamyx™. The likely presence of H. Pylori is then flagged for the pathologist’s attention via a report made immediately available within the standard suite of diagnostic aids at their disposal.“With the debate around whether to digitise or not now firmly put to rest, we are increasingly being asked by the clinical community to demonstrate ‘what’s next’ in terms of new methods for reducing case-turnaround times and improving patient care,” said Inspirata Europe General Manager Tim Wing. “Our exciting new partnership with DeePathology is just one fantastic example of what is already immediately available to those healthcare providers who elect to partner with Inspirata for digital pathology.”The DeePathology H. Pylori Detection Support System is complemented by DeePathology STUDIO™, a purpose-built platform designed specifically to enable pathologists and the research community create their own state of the art AI-based image analysis solutions.Inspirata revealed their new partnership with DeePathology as part of the company’s attendance at Digital Pathology and AI Congress in London. Inspirata will be showcasing Dynamyx™ through one-to-one demonstrations at stand 29 throughout the two-day event.

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