Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 35 n°32

Posts Tagged ‘operations’

Catella AB (publ) recommends, together with other owners, to cease the operations of IPM

Posted by fidest press agency su venerdì, 23 aprile 2021

Informed Portfolio Management (“IPM”) ceases its investment operations and will return all capital to its investors.IPM has a long history as one of the leading global systematic macro managers with strong long-term returns with low correlation to both equities and bonds. The recent investment market for systematic macro-funds has unfortunately been very challenging and IPM has had weak returns and large capital outflows. Catella has therefore, together with the board of IPM, made the difficult decision to recommend that IPM ceases all investment activities and return the capital to the investors. A majority of IPM’s owners are expected to support this recommendation at an upcoming Extraordinary General Meeting.IPM will ensure that all investors are treated fairly. This includes that all investors will be able to redeem their capital in the coming months according to each fund’s specific liquidity rules. The closure of IPM will have a negative effect on Catella’s earnings attributable to the parent company’s shareholders in Q2 2021 with approximately SEK 102,5 million, of which SEK 38,6 million relates to write-off of goodwill and SEK 63,9 million from other wind-up costs.

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Halo Provides Update to Operations in Lesotho, Africa

Posted by fidest press agency su sabato, 1 febbraio 2020

Toronto, Ontario. Halo Labs Inc. (“Halo” or the “Company”) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) is pleased to announce an update to ongoing business operations involving the Bophelo Biosciences & Wellness Ltd (“Bophelo”) in Lesotho, Africa.
Bophelo and Halo have also launched the Phase 1 expansion comprising 8 hoop houses and 1 Cravo greenhouse to grow multiple strains of potential medicinal cannabis exports from Lesotho. Halo expects to complete the 1.2 hectare build by the end March and anticipates harvesting half an acre of canopy from it in 2020. At full utilization, Phase 1 houses 3 acres of total canopy or approximately 120,000 square feet. The Company plans to put additional infrastructure into production to expand the canopy by year end.Met comments from Lesotho on the project, “We have started to roll out infrastructure that will enable us to deliver flower and biomass for oil production to international markets by July 1, 2020. Presently, we are sourcing materials required for the build out and readying the site for the Cravo Greenhouse including site prep, IT infrastructure, and more. We are building an experienced team to execute on Bophelo and Halo’s plan to export medicinal cannabis from Lesotho.” Met’s team onsite includes Roderick Teague, a seasoned agricultural project manager from the blueberry and tobacco industries. Teague has overseen largescale agriculture projects of up to 120 hectares that produced several metric tons of yield in countries such as Zimbabwe, Zambia, Mozambique and South Africa. Additionally, the team is comprised of professionals from the coffee industry with experience in international agricultural business.
Recently, Halo announced commencement for formal European Union Good Agricultural and Collection Practices (“EU GACP”) certification for growing medical cannabis in Lesotho that can be distributed to the United Kingdom. Utilizing Pharmaconsulta, Halo will meet all regulation standards to receive EU GACP certificates for Bophelo operations for medicinal plants as published by the European Medicines Agency and World Health Organization. Pharmaconsulta will also provide full audits on the agricultural and cultivation sites, implement a quality control system compliant with EU GACP standards while also providing full training to staff.Upon receipt of the EU GACP certification, Halo anticipates utilizing Canmart Limited (“Canmart”), a holder of wholesale distribution and special cannabis licenses in the United Kingdom, to import Cannabis Based Products for Medicinal use (“CBPMs”) into the UK. There are over 1.4 million people using CBPMs in the UK with a market expected to surpass $3 billion by 2024. Halo is in the process of acquiring Canmart to gain a foothold in the UK. The UK is expected to be the start of Halo’s plan to gain more distribution channels into European markets. Currently, the Company is reviewing opportunities in Malta, Israel and beyond.Halo anticipates garnering statutory central bank approvals in Lesotho and South Africa imminently and following the final closing of the Bophelo acquisition. Additionally, Louisa Mojela the Founder and Chairman of Wiphold Finance, a $250 million private equity fund, is leading active discussions with multiple commercial banks throughout the African region. This institutional and non-dilutive financing would be among the first of its kind in cannabis and would be used for further construction and buildout as well as provide working capital for the Company.Kiran Sidhu, Halo CEO and Co-Founder, comments, “We are excited to be finalizing the acquisition of Bophelo. Since initially announcing the partnership in December of 2018, our position has evolved to the anticipated acquisition of the company. The promise that the Kingdom of Lesotho offers in the cannabis industry and appointing Louisa Mojela to Halo Chairman places the Company in a strong position for global expansion.”

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Kopin Corporation Names Experienced Executive Vice President of Operations

Posted by fidest press agency su venerdì, 27 dicembre 2019

Kopin Corporation (NASDAQ:KOPN), a leading developer of innovative wearable computing technologies and solutions, today announced that Eric Whitman has joined the Company in the newly created position of Vice President of Operations. In this role, Whitman will be responsible for increasing productivity and efficiency across the business, including logistics, manufacturing and procurement. Whitman will report to Kopin’s CEO, Dr. John Fan.Eric Whitman brings extensive experience gained from positions at several Aerospace, Defense and technology companies. He career started at Intel as a shift manager at Fab 17 in Hudson Massachusetts, and he moved on to Raytheon where he rose to Director of Operations, Integrated Defense Systems, where he managed manufacturing, engineering processing and strategy, with an emphasis on increasing efficiency and profitability. Most recently Whitman was COO at Web Industries where his primary focus was on establishing and executing an operational strategy to scale Web’s business systems in anticipation of rapid growth across eight manufacturing plants in the US and Europe. Previous experiences as a Division Leader at Draper, and VP of Operations at Bodycote strengthened key skills in manufacturing and engineering leadership, establishing continuous improvement cultures, and the optimization of business systems and technology. All of these positions benefited from Whitman’s experience as a Lieutenant Commander in the US Navy, where he logged over 1000 hours in the SH-60B Seahawk Helicopter. Whitman is a graduate of the US Naval Academy with a BS in Aerospace Engineering. He also holds an MS from the Massachusetts Institute of Technology in Engineering and Management.

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Alliance Advisors Expands Asian Operations

Posted by fidest press agency su sabato, 7 dicembre 2019

Alliance Advisors, leading global proxy solicitation and corporate advisory firm, is pleased to announce that Celine Feng has joined Alliance as Vice President of Business Development for the Greater China region. An industry veteran, prior to joining Alliance, Celine spent seven years at IHS Markit (formerly Ipreo) and nine years at Thomson Reuters, where she specialized in creating customized products and consulting services to assist corporate executives and investor relations teams advance their governance and shareholder communications capabilities. Ted Wallace, Senior Vice President and head of Alliance’s APAC division says, “I’m extremely excited to have Celine join our growing regional effort. She is one of the most capable executives I’ve had the pleasure to work with, and her client service skills and industry outlook align with Alliance’s philosophy of creating sustainable long-term relationships by providing demonstrable value to our clients.” Celine Feng commented, “Alliance has shown exceptional commitment in the Greater China market, and I’m honored to join such a talented team. Over the past years, ESG has garnered undisputable prominence internationally. I aim to leverage my extensive proxy advisory expertise alongside Alliance Advisors’ global presence, to facilitate our regional clients in achieving international best practices and standards.” “The hiring of Celine corresponds with Alliance’s business strategy in expanding our presence in the Asian marketspace,” stated Joseph Caruso, Alliance’s Chief Operating Officer. “Celine will extend to the broader Asian market the same high level of satisfaction that Alliance’s domestic and international clients are accustomed to experiencing.”

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Cognite Launches Japan Operations

Posted by fidest press agency su venerdì, 29 novembre 2019

Cognite, a global industrial software provider enabling the full-scale digital transformation of heavy-asset industries around the world, today announced the opening of an office in Japan as Cognite’s headquarters in the Asia-Pacific region. Nori Tokusue, an entrepreneur with decades of experience in the enterprise software industry, will lead Cognite’s business growth in the Japanese market as the company’s Regional Vice President.“Japan plays an important role in the global economy, and the work of digitalizing large Japanese companies is important not only for the Japanese economy, but also for the rest of the world. Cognite has a great opportunity to contribute with their know-how, and I wish them the best of luck,” said Inga M. W. Nyhamar, Norwegian Ambassador to Japan.Cognite will officially open the office during a full-day event on Nov. 26 at the Embassy of Norway in Tokyo. The event will introduce customers, partners, and the media to Cognite’s local and global executives. Cognite co-founders Dr. John Markus Lervik, CEO, and Stein Danielsen, Chief Solutions Officer, will present Cognite’s product portfolio, including the company’s key software package, Cognite Data Fusion (CDF), which empowers industrial companies to reduce costs, increase profits, and boost their safety and sustainability efforts. Following a media roundtable with Lervik and Danielsen, sessions will outline how CDF and end-user applications can deliver value for the Japanese market in areas such as production optimization, smart maintenance, and digital worker. Cognite customers Yokogawa, a global leading engineering and industrial automation company, and Aker BP, one of the largest independent energy operators in Europe, will also present at the event.The expansion to the Asia-Pacific region comes at a time of steady growth in adoption for Cognite’s leading industrial software package, Cognite Data Fusion (CDF). CDF accelerates the use of artificial intelligence and advanced analytics for the industry by supplying instant access to contextualized data from IT and OT systems, enabling industrial digitalization initiatives to scale past proofs of concept.

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Citi Commercial Bank Appoints New Head of UK Operations

Posted by fidest press agency su martedì, 5 novembre 2019

In a sign of its ongoing commitment to the UK market, Citi has appointed Bill Stanton as head of its UK Commercial Banking business. Reporting to Raymond Gatcliffe, EMEA Head of Citi Commercial Bank (CCB), Bill will be responsible for leading the UK franchise, serving the mid-market corporate segment across a number of industries. Bill joined Citi in 2004 and for the past four years has led the CCB business in Korea. Prior to this, he was based in New York and led the global sales management strategy for CCB. The CCB UK franchise launched in 2017 and has delivered consistently strong growth since inception. To further support its evolution, the business has recently made a number of senior hires to lead on key industry sectors, including Consumer Brands & Healthcare, Business Services, Industrials, and Technology, Media & Telecoms.Sarah Briddon has joined to head up the Consumer Brands & Healthcare sector, focusing closely on the food & drink, retail, beauty, consumer services and the life sciences and pharmaceutical industries. Sarah joins from HSBC, and has over 16 years’ experience in Commercial Banking, bringing with her significant practical experience in dealing with businesses operating here in the UK and overseas.Terry Koizou has been appointed as UK Head of Business Services, responsible for leading Citi’s strategy across a key sector for the Commercial Bank, which employs over 3.3 million people and contributes 9.5% of UK GDP. Terry has 13 years of commercial banking experience, supporting management teams and providing banking & financing solutions to UK mid-corporate clients across a number of sectors, most recently at Lloyd’s.Vineet Vetts has been appointed as head of the Industrials sector, focusing closely on a number of sub-sectors including manufacturing, capital goods, chemicals, aerospace and defence, construction, transport and logistics, power, metals and mining as well as oil and gas. Vineet has over 15 years of corporate banking experience providing global banking coverage to UK mid cap corporates across industry sectors, after having worked as process engineer at Downstream Oil refinery.
Sophie Muir has re-joined CCB as head of the Digital and Technology, Media & Telecommunications (TMT) sector. Sophie will focus on digital clients, including fintech companies in the payments space. Previously, she covered TMT clients for larger multinationals at Citi, after which she co-founded a business that originated diligence, structured, and monitored loans for UK SME.

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Update on the research operations of the Bourbon Rhode crew

Posted by fidest press agency su martedì, 8 ottobre 2019

Several vessels have continued to survey the search area today, with no results for the past 4 days. The CROSS has decided to make the search operation evolve. It will regularly disseminate messages to vessels in the shipwreck zone and ask them to carry out adapted watch.”BOURBON and all its employees are in mourning today and I would like to reiterate our sincere condolences and our full support to the families and loved ones of the victims. We are working in close cooperation with the various stakeholders to understand the facts and circumstances of this tragedy. Finally, we thank the entire maritime community for its many signs of solidarity, so precious in these difficult times. I would like to reiterate our heartfelt thanks to the CROSS teams, the crews of the French Navy and the commercial vessels involved in search operations,” BOURBON Corporation CEO Gael Bodénès declared.
Among the market leaders in marine services for offshore oil & gas, BOURBON offers the most demanding oil & gas companies a wide range of marine services, both surface and sub-surface, for offshore oil & gas fields and wind farms. These extensive services rely on a broad range of the latest-generation vessels and the expertise of more than 8,200 skilled employees. Through its 31 operating subsidiaries the group provides local services as close as possible to customers and their operations throughout the world, of the highest standards of service and safety.

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Automated Cash Operations Management solution

Posted by fidest press agency su martedì, 24 settembre 2019

Aloft Chicago Mag Mile, the newest Aloft property in Chicago and the largest in North America, recently implemented Evention’s Automated Cash Operations Management solution.
The solution leverages cash recycling and cloud-based reconciliation, which eliminates general cash management error and increases operational efficiency throughout the hotel. Furthermore, this automated back office process completely transforms the hotel’s cash management, allowing the property to focus more on its guests.The solution’s automation provides complete visibility to cash. It depends on auto-reconciliation and detailed cash tracking coupled with advanced robotics to issue and receive cash from hotel cashiers.”Evention has significantly reduced the time required to process and reconcile daily cash,” said Aloft Chicago Mag Mile Controller, Jim Buchanan. “This solution has also increased accuracy, streamlined cash operations, and reduced the administrative burden of manual reconciliations.”As a technology leader, the Aloft Chicago Mag Mile also introduced automation in other areas of the hotel. In addition to implementing Evention’s back office automation, the property relies on Botlr, a robot butler, to increase efficiency within front office operations and add a fun, interactive, tech-forward component to the guest experience. Botlr can roam the property independently, even on the elevators, to deliver items including snacks, towels, and toothbrushes.

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Advanced Security Operations Center-as-a-Service Capabilities

Posted by fidest press agency su sabato, 24 agosto 2019

Arrow Electronics, Inc. (NYSE:ARW) and ON2IT, the Zero Trust Innovators and provider of advanced security monitoring and remediation capabilities, have teamed on security operations center as-a-service.Built on Palo Alto Networks technology, including Next Generation Firewalls, Cortex XDR, Traps and the combination of Managed Next-Generation Firewall, Managed Traps and the Cortex Data Lake, that gives customers the ability to provide better security for their businesses, it incorporates a deep skillset of security operations center analysts, best-in-breed technology, and the flexibility of a managed service. This allows organizations to spend time on their business instead of repeated IT tasks.“Teaming with ON2IT gives customers the ability to provide advanced security operations without the massive investment and training of an ‘in-house’ security operations center,” said Jesper Trolle, president of Arrow’s enterprise computing solutions business in North America. “Our channel partners can now help provide their customers a better overall security posture, reducing risk, monitoring for threats, and having the knowledge that they have expert resources to assist them. Security has become a key part of any business strategy, and ON2IT and Arrow are making it simpler for businesses to improve their security and reduce their risk.”

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WBM Technologies Announces the Acquisition of Ricoh Canada Operations in Manitoba

Posted by fidest press agency su venerdì, 5 luglio 2019

WBM Technologies Inc. and Ricoh Canada Inc. today announced a strategic acquisition that will see WBM take over the Manitoba operations of Ricoh Canada, including the legacy operations of Ikon Canada (previously acquired by Ricoh as part of a global takeover in 2008). The move is effective immediately.
As part of the acquisition, all Manitoba customers will be transitioned and all provincial staff of Ricoh Canada will become a part of the WBM Technologies team, as WBM continues to build one of Canada’s largest and fastest growing Managed Technology Solution Providers (now ranked at #31 on the MSPMentor 501 list of the top managed IT solution providers worldwide).The move is impactful for both the province and the City of Winnipeg as WBM, with its roots in the prairies and a focus on Western Canada, arrives having become one of the fastest growing employers in the technology sector, first reaching a total staff of 100 people in 2011, and now having grown to 314 people as of today’s move.The announcement follows WBM’s recent launch of their newest Infrastructure Operations Centre in Regina, Saskatchewan – a state-of-the-art facility featuring the use of data and predictive analytics in the monitoring and management of transforming digital technology systems, including print, across North America.
The move means that Ricoh customers can continue to expect the same people, technologies, and expert support teams they have worked so closely with for decades, but also the additional capabilities of WBM and the added accountability, investment, and agility of a local partnership. At the same time, enterprises seeking a comprehensive print solution now have access to one of the leading independent managed print providers in North America (WBM is currently ranked among North America’s Top 100 Managed Print Technology Providers by US-based industry group, BEI ProsElite).This is not the first time that WBM and Ricoh have come together to create a broadened local solution provider in Western Canada, as WBM previously acquired the Saskatchewan operations of Ricoh Canada through an acquisition in 2012.

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Mark Gillespie Joins Clearwater to Lead Operations in Europe

Posted by fidest press agency su martedì, 14 Maggio 2019

Clearwater Analytics® announced today that Mark Gillespie has joined the firm as Director of Europe Operations to lead the company’s continued operational expansion in Europe.Clearwater empowers investment professionals worldwide with collaborative client servicing paired with its leading SaaS solution for investment portfolio data management, reconciliation, accounting, and reporting services. Since its founding in 2004, the company has remained committed to two primary goals: delivering long-term client success, and building and growing an outstanding team of colleagues dedicated to this mission.
Mark comes to Clearwater with 24 years of experience in global financial institutions. Previously, Mark was Citibank’s Site Head and Operations Director for Fund Administration Services in Edinburgh. Prior to Citibank, Mark was an Executive Director at J.P. Morgan, for Fund Accounting Operations.“I am excited to join Clearwater as we find new ways to provide clients with a top-level solution, which includes excellent servicing,” said Mark. “I chose Clearwater for the personal approach they take to working with their clients. With the momentum achieved in the past couple of years, Clearwater has much potential in the European market and I look forward to being a part of that growth.”Extensive market knowledge, and a proven track record of supporting customers both large and small, make Mark a perfect fit for Clearwater, which is expanding its European operations to better service its expanding global clientele. In 2018, Clearwater added more than $540 billion in new assets to the platform from Europe alone. Clearwater presently serves more than 60 insurance, investment management, and corporate treasury clients across 13 countries in Europe.Mark will oversee the daily operations for Clearwater’s Europe-based development, client servicing, product, and other personnel. He will also continue to build the team in Edinburgh, which has grown considerably over the past 12 months and will have over 100 people by the end of this year. He will also add to the team of specialists based in Clearwater’s London office.

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21 Air Highlights Compliant and Responsible Operations

Posted by fidest press agency su martedì, 12 febbraio 2019

In light of the current news circulating the media regarding cargo allegedly transported into Venezuela by one of our aircrafts, 21 Air clarifies that the company has always abided by all national and international regulations. The aircraft N881YV was a charter flight for an indirect air carrier, who also has a Transportation Security Administration of the United States of America (TSA) approved security program and had full control of all cargo on board.Days after aircraft N881YV completed its travel plans, the media reported on an alleged irregular shipment into Venezuela. As soon as 21 Air became aware, TSA was immediately notified and the company started conducting its own exhaustive internal investigation, which showed that all security procedures and documentation were followed. The TSA was provided copies of our audit and all documents gathered during the investigation.Since our founding, 21 Air has always complied with the rules, regulations and security protocols outlined by TSA, and this incident is no different. The company has also successfully fulfilled the requirements of cargo screening as stated in the Venezuelan issued landing permit and has not received any formal notification from the Venezuelan government regarding any irregular shipments to the country.As a preventive measure, 21 Air made the decision to discontinue all flights into Venezuela until the situation is clarified to ensure the safety and security of our crews and assets. The company is open to collaborating with all national and international authorities to come to a resolution.
21 Air remains a reliable, compliant and responsible charter cargo airline. The company continues committed to honoring its mission of delivering the highest quality Air Cargo Solutions services maintaining teamwork, timely performance and responsive customer service to all our clients.

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Libya: situation of migrants and rescue operations up for discussion

Posted by fidest press agency su lunedì, 26 novembre 2018

Bruxelles Tuesday, 27 November, from 11.45 to 13.00European Parliament in Brussels, József Antall (4Q2)The situation of migrants in Libya and the conditions under which the Libyan coast guard is conducting rescue operations will be up for debate in the EP on Tuesday.
Civil Liberties Committee MEPs will try to get clarification from the International Maritime Organization (IMO), Frontex and the Search and Rescue Observatory for the Mediterranean (SAROBMED) about Libya being assigned a Search and Rescue area in the Mediterranean. Being in charge of managing a SAR area implies that vessels carrying migrants and refugees can be ordered to disembark in Libya.Representatives of UNHCR and the International Organization for Migration (IOM) will also update the committee on the situation of migrants and asylum seekers stranded in Libya, particularly in detention centres, and on the progress of the programme for Voluntary Humanitarian Return to countries of origin, managed by IOM.Regional disembarkation platforms and controlled centres. Finally, the EP Legal Service will present the MEPs with their views on the lawfulness of the “regional disembarkation platforms” and “controlled centres” proposed by the European Council last June as a means to improve the processing of migrants and refugee flows into the EU.

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Rocket Software Expands Operations in Asia

Posted by fidest press agency su lunedì, 24 settembre 2018

Rocket Software, a global technology provider that helps Fortune 500 companies and government agencies modernise critical enterprise applications, today announced the addition of Paul Lin to the company’s senior sales leadership team; he will oversee the company’s reseller and sales operations in Southeast Asia. It’s the latest move in Rocket’s strategic expansion into the Asia-Pacific region, where the company has already struck major deals with financial institutions such as CIMB Bank, Erste Group Bank, Westpac Banking Group, and PT Bank Central Asia Tbk.Lin joins Rocket after serving in senior channel and partner management positions at Prysm Inc., BT Group and Cisco. An accomplished business leader with more than 20 years of professional experience in strategic alliances, portfolio management, channel sales and business development in the IT industry, Lin brings to Rocket a strong track record of driving business growth, building C-level executive relationships, developing channel partner programs and managing complex projects. He is fluent in English and Chinese.“In the short time he’s been here, Paul has already proven himself to be an invaluable member of our channel management team,” said Rocket VP of international sales Chip Salyards. “With his broad cultural knowledge and proven experience in managing channels and strategic alliances, Paul is helping us forge new and important connections. I look forward to working with him and the rest of the APAC team to accelerate business growth in this crucial region.”“I am excited to be a part of Rocket’s fast-growing APAC team,” said Lin. “Every day, companies and governments around the world use Rocket solutions to reliably, efficiently and securely power the IT infrastructure behind many of the world’s most critical financial, healthcare, retail, and manufacturing applications. There is a large and growing need in the APAC market for these kinds of technologies and as a result we are seeing a lot of interest in our solutions.” Rocket already maintains a major presence in APAC. Existing partners in the region include IBM®, Silverlake, Multipolar Technology, Metro Systems and S&I Systems. The company is currently working on a broad range of initiatives in APAC, including projects to leverage technology to better connect citizens with government and to help banks deliver more personalized services for their customers.

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HJF Names New Senior Vice President of Program Operations

Posted by fidest press agency su sabato, 25 agosto 2018

The Henry M. Jackson Foundation for the Advancement of Military Medicine, Inc. (HJF) announced today that it has named Wendy Dean, M.D., as Senior Vice President of Program Operations. She will be a member of the organization’s executive team, reporting to President and CEO Joseph Caravalho, Jr., M.D. Dean will be responsible for leading a program operations office that is dynamic, flexible and focused on providing the highest level of support to HJF’s internal and external partners. She joins HJF from the U.S. Army where she was the medical officer for the Tissue Injury and Regenerative Medicine Program Management Office. There, Dean oversaw more than 30 clinical trials as well as drove national meetings in ethics and reimbursement.“I’m excited to have Dr. Dean join the executive team to lead our program operations office. She has a wealth of clinical and translational research experience in both academic and government settings, all of which she will bring to bear to advance military medicine,” Caravalho said. “I consider HJF very fortunate to have Wendy alongside the other talented men and women working here for the benefit of our Nation’s warfighters.” Prior to her time in the Tissue Injury and Regenerative Medicine Program Management Office, Dean spent 15 years in clinical practice as a psychiatrist and in emergency medicine. Dean received her medical doctorate from the University of Massachusetts in 1991. “I’m honored and excited to serve in this role,” said Dean. “I look forward to the opportunity to lead HJF’s program operations team in providing outstanding support to military medical research. I cannot imagine a better mission.”The Henry M. Jackson Foundation for the Advancement of Military Medicine, Inc. (HJF) is a private, not-for-profit organization established in 1983 and authorized by the U.S. Congress. We partner to advance medicine for the mutual benefit of military and civilian health.

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United States Video Surveillance Market

Posted by fidest press agency su sabato, 16 dicembre 2017

Natali a New York (2)New York. Physical security and surveillance activities can no longer operate separately from a business’ ongoing operations. Surveillance technologies have moved beyond static, passive security operations, where cameras capture video data from security events, alert security operators, and the video data is used mostly for post-event analysis. Modern surveillance operations are now adopting more proactive security technologies, such as surveillance automation, artificial intelligence, facial recognition, and more, in order to better predict security events before they happen and to enact efficient mitigation procedures to halt events before people or assets are endangered. Due to the increasing volumes of surveillance technology and video surveillance operations, the massive amount of data collected necessitates more advanced surveillance technologies to gather, monitor, analyze, and provide relevant insights into these potential security threats. Public sector end users, such as law enforcement, transportation, critical national infrastructure, and airports, as well as retail and commercial end users can all benefit from these advanced surveillance solutions which include cameras, video management systems, storage, and video analytics to offer better efficiency and insight.End-to-end security systems, offering both security hardware and software options, have seen increasing demand from customers in all verticals due to their substantial return-on-investment, scalable and flexible system design, and technological sophistication. End-to-end security vendors will continue to see increased opportunities in these markets as customers continue to refresh, upgrade, and re-design their surveillance operations to meet modern security demands and improve their overall operational efficiency and asset protection capabilities.

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Comporium Relies on Centina Systems for Agile Operations

Posted by fidest press agency su venerdì, 3 novembre 2017

South CarolinaCentina Systems, a leading provider in network performance management and strategic assurance solutions for communications service providers (CSPs) worldwide, announced today that Comporium will deploy its suite of solutions to help improve network performance, operations and customer experience.Comporium is a full-service communications company offering voice, Internet, digital video, wireless, and security, monitoring and automation services to customers across South Carolina. With Centina, Comporium integrated an end-to-end solution that consolidates the monitoring and assurance of their networks, increasing agility and enabling them to proactively manage changing network, service and customer requirements. Centina’s solution enabled Comporium to replace their numerous monitoring tools into one reliable, easy-to-use solution and also allows them to provide an improved user experience via a Customer Portal.“As a growing company, it is difficult to maintain a variety of monitoring tools which require constant development and customization,” said Jack Holladay, Executive Vice President of Technology and Facilities at Comporium. “Through exhaustive research of best in class industry solutions, we determined that Centina provides the most efficient combination of out-of-the-box functionality, configurability and ease-of-use.”Leveraging Centina’s solutions, Comporium is able to proactively monitor and assure the performance of their end-to-end services as well as adhere to customer SLAs for commercial services. In addition, Centina’s advanced analytics and real-time reporting enable Comporium to maintain and improve network performance and customer experience.“Comporium’s record of low-cost, highly-reliable services as well as their commitment to customer experience, demonstrates a shared mission between our companies,” said Anand Gonuguntla, Co-founder and CEO at Centina Systems. “Centina is thrilled to be working with Comporium to consolidate and streamline its service assurance and to improve operational efficiencies and create an improved user experience for its customers.”

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Catella establishes operations in the Netherlands

Posted by fidest press agency su giovedì, 13 luglio 2017

catella5Catella AB has, through Catella Property Fund Management AB, acquired Dutch real estate services provider Panta Rhei Advisory B.V. Panta Rhei Advisory will be renamed to Catella IM Benelux.The acquisition means that Catella further strengthens its position in Property Investment Management on the real estate market in Europe and that the number of European countries in which Catella has a local presence increases from 12 to 13.
Catella IM Benelux will bring further expertise and extensive experience from the Dutch real estate market to Catella. Vöas Brouns, who co-founded the real estate services provider Panta Rhei Advisory in 2013, has decades of experience in institutional property investment in the Netherlands. Catella IM Benelux has 10 employees and will initially focus on the management of the Benelux located properties of Catella Real Estate AG. As of 1 July 2017, Catella Real Estate AG managed 19 European real estate funds with over 230 properties and a total of EUR 3.1 billion in assets under management. Catella IM Benelux will in the future also manage other residential and commercial portfolios in the Netherlands, Belgium and Luxembourg.The acquisition requires approval from the financial regulator, CSSF, in Luxembourg.

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Catella advisor on MaxFast’s share issue

Posted by fidest press agency su giovedì, 2 marzo 2017

britt-marie-nymanrobert-fonovichCatella’s Corporate Finance unit has acted as financial advisor, and Catella Bank was bookrunner to MaxFast in connection with the company’s new issue of ordinary shares communicated yesterday. The issue was oversubscribed and the company raised a total of SEK 134 million before issue costs. “We are very pleased to once again be able to assist MaxFast with both advisory and capital raising in order to facilitate its growth plans,” says Robert Fonovich, Head of Catella’s Swedish Corporate Finance operations. MaxFast has properties with strong cash flows with a value of approximately one billion kronor. Its aim is for the portfolio to have grown to two billion kronor within two years. As part of this growth the company announced in late January a share issue directed to the public of SEK 100 million that could be supplemented with an over-allotment option if the public offering was oversubscribed. There was substantial demand and an additional SEK 34 million was issued.The issue was conducted with exemption from the preferential rights of shareholders in order to achieve a wider distribution of shares. Prior to the issue the number of shareholders was approximately 200, and in connection with the issue MaxFast gained approximately 1,700 new shareholders. The proceeds will be used for the acquisition of new high-yield properties and investment projects in central Sweden.“Catella has assisted MaxFast with two capital raisings and ahead of the company’s listing on First North last summer. This latest assignment has encompassed everything from IR consulting to structuring and a new share issue directed to the public, demonstrating the breadth of Catella’s offering,” says Britt-Marie Nyman, Capital Markets Manager at Catella’s Corporate Finance unit. (photos: Britt-Marie Nyman, Robert Fonovich)

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The European Central Bank (ECB) reaction

Posted by fidest press agency su venerdì, 11 marzo 2016

European_Investment_Bank_-_LuxemburgBy Mitul Patel, Head of Interest Rates. The European Central Bank (ECB) have very much taken the ‘kitchen sink’ approach, surprising market expectations in a variety of ways, not least an expansion of the asset purchase programme to include corporate bonds and opening the door to paying banks to borrow via the longer‑term refinancing operations (LTROs). They hope that the measures announced will ease financial conditions and stimulate new credit creation, leading to stronger growth and a return of inflation to target.While the expansion of the asset purchase programme to include corporate bonds will likely steal the headlines, arguably more important is the pivot by the ECB towards quantitative easing and lending operations as primary tools for stimulating the economy over ever more negative rates. While the ECB lowered deposit rates by 10 basis points (bp) to -0.4% and refi rates by 5bp to 0% at today’s meeting, they believe it is unlikely that rates can be taken much lower than current levels without unwanted risk, although they still believe the move to the current negative level of rates has overall had a positive impact. There has been much speculation over recent weeks over just how low interest rates can go, but recent comments from central bankers globally, not least at today’s press conference, would suggest a reluctance to take interest rates into materially negative territory. That said, the ECB remains explicitly on an easing bias and investors will likely remain wary of the efficacy of these actions unless there are convincing signs that the increase in monetary stimulus has an impact on the economy, especially as previous attempts to boost the economy through unconventional monetary policy have regularly disappointed.
Ahead of the meeting we had closed our positions which looked for lower shorter dated European swap rates, and positioned for a rise in 10‑year bund yields. We continue to believe a repricing to higher yields is warranted, as the guidance that rates are unlikely to decrease further, the move to purchasing corporate bonds, and the increase in the issue/issuer limit to 50% is likely to reduce the bund scarcity premium. Henderson Global Investors, wholly-owned by Henderson Group plc, is a global asset manager with a strong reputation dating back to 1934. Henderson manages £92.0 billion (as at 31 December 2015) of assets on behalf of clients in the UK, Europe, Asia-Pacific and North America and employs approximately 900 staff members worldwide. Clients include individuals, private banks, third-party distributors, insurance companies, pension funds, government bodies and corporate entities. As a pure investment manager Henderson offers investments across equities, fixed income and multi-assets as well as alternative products, such as private equity, property and hedge funds.

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