Consulting

Korn Ferry Recognized as a Global Leader in Recruitment Process Outsourcing (RPO) in Everest Group’s PEAK Matrix Assessment for Sixth Consecutive Year

Retrieved on: 
Friday, June 9, 2023

Korn Ferry (NYSE:KFY) today announced that it has been named as a global Leader and Star Performer in Recruitment Process Outsourcing (RPO) in Everest Group’s PEAK Matrix®.

Key Points: 
  • Korn Ferry (NYSE:KFY) today announced that it has been named as a global Leader and Star Performer in Recruitment Process Outsourcing (RPO) in Everest Group’s PEAK Matrix®.
  • This is the sixth consecutive year that Korn Ferry has been named as a Leader in RPO.
  • “Korn Ferry has created a compelling value proposition for clients through its wide global presence, strong experience in white-collar hiring, broad industry coverage, and established consulting capabilities,” said Arkadev Basak, Partner, Everest Group.
  • The assessment also considers third-party RPO deals as well as approximately 5,200 multi-process RPO deals.

AM Best Comments on Credit Ratings of BF&M Limited and Its Subsidiaries Following Announcement of Share Purchase Agreement by Argus Group Holdings Limited

Retrieved on: 
Friday, June 9, 2023

The share purchase requires regulatory and tax approvals and is expected to close in late third-quarter 2023 to fourth-quarter 2023.

Key Points: 
  • The share purchase requires regulatory and tax approvals and is expected to close in late third-quarter 2023 to fourth-quarter 2023.
  • AM Best expects BF&M to continue its normal course of business operations and financial position remaining unaffected by this share purchase agreement.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

AM Best Affirms Credit Ratings of Mitsui Sumitomo Insurance Company, Limited and Its Affiliates

Retrieved on: 
Friday, June 9, 2023

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa” (Superior) of Mitsui Sumitomo Insurance Company, Limited (MSI) (Japan).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa” (Superior) of Mitsui Sumitomo Insurance Company, Limited (MSI) (Japan).
  • AM Best also has affirmed the FSR of A+ (Superior) and the Long-Term ICR of “aa” (Superior) of Aioi Nissay Dowa Insurance Company Limited (ADI) (Japan).
  • These companies are owned ultimately by MS&AD Insurance Group Holdings, Inc. (MS&AD), a major non-life insurance group based in Japan.
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

Best ERC Specialist Companies (June 2023): Top Employee Retention Credit Services Reviewed by Better Business Advice

Retrieved on: 
Friday, June 9, 2023

Better Business Advice has published their review of the best Employee Retention Credit (ERC) specialist services as of June 2023.

Key Points: 
  • Better Business Advice has published their review of the best Employee Retention Credit (ERC) specialist services as of June 2023.
  • The top ERC specialists identified by Better Business Advice are Omega Tax Credits and Bottom Line Concepts .
  • The ERC specialist services review published by Better Business Advice also includes ERC Assistant, ERC Specialists, and Lendio as notable options for business owners seeking ERC assistance.
  • Business owners seeking ERC assistance can also consider ERC Assistant, ERC Specialists, and Lendio, all of which offer valuable expertise and services in navigating the complexities of the ERC program.

EY Announces Winners for the Entrepreneur Of The Year® 2023 Heartland Awards

Retrieved on: 
Friday, June 9, 2023

Ernst & Young LLP (EY US) is pleased to announce the winners of the Entrepreneur Of The Year® Heartland Award.

Key Points: 
  • Ernst & Young LLP (EY US) is pleased to announce the winners of the Entrepreneur Of The Year® Heartland Award.
  • Entrepreneur Of The Year is one of the preeminent competitive business awards for entrepreneurs and leaders of high-growth companies.
  • The Heartland program celebrates entrepreneurs from the Dakotas, Iowa, Kansas (excludes greater Wichita area), Minnesota, Missouri and Nebraska.
  • “Every year, we are completely blown away by the accomplishments of our Entrepreneur Of The Year Regional Award winners, and 2023 is no different,” said AJ Jordan, EY Americas Entrepreneur Of The Year Program Director.

Riveron to be Acquired by Kohlberg & Company

Retrieved on: 
Friday, June 9, 2023

Riveron (or “the Company”), a national business advisory firm focused on the office of the CFO, private equity, and other capital providers, announced today that it has entered into a definitive agreement to be acquired by affiliates of Kohlberg & Company (“Kohlberg”).

Key Points: 
  • Riveron (or “the Company”), a national business advisory firm focused on the office of the CFO, private equity, and other capital providers, announced today that it has entered into a definitive agreement to be acquired by affiliates of Kohlberg & Company (“Kohlberg”).
  • A significant percentage of Riveron’s employee base will also be equity owners in the Company.
  • in supporting the next phase of the Company’s growth,” said Ahmed Wahla, Partner and Head of Business Services at Kohlberg.
  • Jefferies Group LLC and Moelis & Company acted as financial advisors to Riveron and McDermott Will & Emery acted as legal counsel to H.I.G.

BlackRock Helps Build Over $2 Billion in Savings for Everyday Americans through Philanthropic Emergency Savings Initiative

Retrieved on: 
Friday, June 9, 2023

“BlackRock's Emergency Savings Initiative couldn't be a clearer expression of the firm's purpose to help more people experience financial well-being -- it is another way BlackRock is helping everyday Americans achieve financial security,” said Mark McCombe, Vice Chairman at BlackRock. “Although the savings initiative began in 2019, COVID made the project even more urgent as a record number of people lost their jobs, and those who did not have short-term savings set aside or quickly depleted them had to dip into their long-term savings to weather the downturn. That coupled with today’s inflationary economy is forcing too many to get by with less.”

Key Points: 
  • “BlackRock's Emergency Savings Initiative couldn't be a clearer expression of the firm's purpose to help more people experience financial well-being -- it is another way BlackRock is helping everyday Americans achieve financial security,” said Mark McCombe, Vice Chairman at BlackRock.
  • In this way, lessons learned from the Emergency Savings Initiative’s 40+ projects could be more easily replicated and scaled for employers and others who need readily available savings solutions.
  • Supporting Mastercard Inc (NYSE: MA) to test multiple emergency savings features with its infrastructure partners.
  • The program has also advanced the industry’s understanding of the nexus between retirement savings and emergency savings.

Wolters Kluwer Hosts Expert Panel Discussion at ABA Risk & Compliance Conference

Retrieved on: 
Friday, June 9, 2023

Regulatory compliance experts with Wolters Kluwer Compliance Solutions will present practical tips for banks on maturing traditional risk management and compliance programs by leveraging the Department of Justice (DOJ) Federal Sentencing Guidelines for Organizations.

Key Points: 
  • Regulatory compliance experts with Wolters Kluwer Compliance Solutions will present practical tips for banks on maturing traditional risk management and compliance programs by leveraging the Department of Justice (DOJ) Federal Sentencing Guidelines for Organizations.
  • The insights will be shared during a breakfast panel session at the American Bankers Association’s 2023 Risk and Compliance Conference .
  • Participants in this panel discussion from Wolters Kluwer Compliance Solutions include Thomas Grundy , Director; Mark Miller , Director; Seth Reimer , Manager; and Elaine Duffus , Senior Consultant.
  • The business, which sits within Wolters Kluwer’s Financial & Corporate Compliance (FCC) division, helps these financial institutions efficiently manage risk and regulatory compliance obligations, and gain the insights needed to focus on better serving their customers and growing their business.

WisdomTree Reports Monthly Metrics for May 2023

Retrieved on: 
Friday, June 9, 2023

WisdomTree, Inc. (NYSE: WT), a global financial innovator, today released monthly metrics for May 2023, including assets under management (AUM) and flow data by asset class.

Key Points: 
  • WisdomTree, Inc. (NYSE: WT), a global financial innovator, today released monthly metrics for May 2023, including assets under management (AUM) and flow data by asset class.
  • Net inflows of $325 million in May driven by robust non-U.S. equity strategies, fixed income, as well as U.S. equity strategies
    Nearly $7.1 billion of year-to-date net inflows, a best-in-class 21% annualized pace of organic growth relative to our publicly traded asset manager peers
    Year-to-date, WisdomTree has generated net inflows in 7 of our 8 major product categories, showcasing the breadth and depth of our organic growth profile

ISG To Examine Oil and Gas Industry Services and Solutions

Retrieved on: 
Friday, June 9, 2023

Study results will be published in a comprehensive ISG Provider Lens™ report called Oil and Gas Industry — Services and Solutions, scheduled to be released in November.

Key Points: 
  • Study results will be published in a comprehensive ISG Provider Lens™ report called Oil and Gas Industry — Services and Solutions, scheduled to be released in November.
  • Companies in the oil and gas industry are looking to digitalization to achieve net-zero carbon goals and help meet other global challenges.
  • “These companies need the right services and solutions to help them navigate an uncertain future.”
    For the study, ISG has distributed surveys to 55 providers of oil and gas industry services and solutions.
  • Geographically focused reports from the study will cover the global oil and gas technology market and examine products and services available in North America and Europe.