BNP Paribas Fortis

Vico Therapeutics Announces $60 million (€54 million) Series B Financing to Advance VO659 Clinical-Stage Program for Rare Neurological Diseases and Expand Pipeline

Retrieved on: 
Friday, January 5, 2024
DSM-IV codes, Spinocerebellar ataxia, Biotechnology, Research, SCA1, HD, Therapy, BNP Paribas Fortis, Investment, SCA3, Patient, Safety, Ackermans & van Haaren, Huntington's disease, Pharmaceutical industry

"This financing positions us to accelerate our efforts to advance our lead program VO659, currently in a Phase 1/2a clinical study of patients with spinocerebellar ataxia types 3 and 1 and Huntington's disease," said Micah Mackison, chief executive officer at Vico.

Key Points: 
  • "This financing positions us to accelerate our efforts to advance our lead program VO659, currently in a Phase 1/2a clinical study of patients with spinocerebellar ataxia types 3 and 1 and Huntington's disease," said Micah Mackison, chief executive officer at Vico.
  • The financing will also help support discovery and research efforts to further expand the company's pipeline in other genetic neurological diseases.
  • The company also announced that Jeroen Vangindertael, Ph.D., investment manager at AvH, will join Vico's board of directors.
  • "We are proud to support Vico in this financing round as they continue to advance their lead clinical program and further develop a portfolio of novel antisense oligonucleotides," said Dr. Vangindertael.

EQS-News: Odoo SA Announces €150m Investment from General Atlantic to Support Continued Global Growth

Retrieved on: 
Monday, June 26, 2023
Morgan Stanley, Partnership, Odoo, SME, ERP, Marketing, BNP Paribas Fortis, HR, CFO, Growth, General Atlantic, Software, Security (finance), Cryptocurrency

Odoo SA ( www.Odoo.com ), a leading provider of open-source integrated business software applications for small and medium-sized enterprises (SMEs), today announced it has received a strategic investment of approximately €150m from General Atlantic, a leading global growth equity firm.

Key Points: 
  • Odoo SA ( www.Odoo.com ), a leading provider of open-source integrated business software applications for small and medium-sized enterprises (SMEs), today announced it has received a strategic investment of approximately €150m from General Atlantic, a leading global growth equity firm.
  • Odoo SA plans to partner with General Atlantic to support the business’ continued global expansion.
  • Founded in 2002 by CEO Fabien Pinckaers, Odoo SA is a disruptor to the global SME productivity software market.
  • We are delighted to welcome General Atlantic as a partner for this next phase of growth.

Abbove Awarded as Best Wealth Technology Outsourcing Solution in Europe

Retrieved on: 
Thursday, March 30, 2023
Personal Finance, Finance, Outsourcing Business, Professional Services, Fintech, Organization, Deutsche Bank, European, BNP Paribas Fortis, News, Award, Geography, Financial services, Cryptocurrency

Abbove, the wealth planning technology platform was awarded as ‘best technology Outsourcing solution’ at WealthBriefing European Awards 2023.

Key Points: 
  • Abbove, the wealth planning technology platform was awarded as ‘best technology Outsourcing solution’ at WealthBriefing European Awards 2023.
  • This news coincides with the milestone of 1000 wealth advisors using the platform to guide 30,000 families in achieving their wealth goals.
  • The Belgian wealth-tech is not stopping there, as it now has over 1,000 wealth advisors from private banks and family offices using its technology to place holistic wealth advice at the center of their client relationship.
  • Banking groups such as BNP Paribas Fortis, Quintet Bank or Deutsche Bank in Belgium are trusting Abbove to improve the way they manage, collect and process their client wealth data.

The Worldwide Mortgage Lending Industry is Expected to Reach $27,509 Billion by 2031

Retrieved on: 
Monday, December 12, 2022
NBFC, Porter, Truist Financial, In re Citigroup Inc. Shareholder Derivative Litigation, API, JPMorgan Chase, Mortgage loan, Quicken Loans, Automation, Bank, Royal Bank of Canada, Standard Chartered, QNB, Wells Fargo, Accounting, Ally Financial, Bank of America, Interest rate, Fannie Mae, Artificial intelligence, Growth, Nidec-Shimpo America Corporation, Machine learning, BNP Paribas Fortis, Credit, Real estate

According to this report the mortgage lending market was valued at $11,487.23 billion in 2021, and is estimated to reach $27,509.24 billion by 2031, growing at a CAGR of 9.5% from 2022 to 2031.

Key Points: 
  • According to this report the mortgage lending market was valued at $11,487.23 billion in 2021, and is estimated to reach $27,509.24 billion by 2031, growing at a CAGR of 9.5% from 2022 to 2031.
  • The mortgage lending market is segmented into type of mortgage loan, mortgage loan terms, interest rate, provider, and region.
  • Depending on mortgage loan term it is fragmented into 30-year mortgage, 20-year mortgage, 15-year mortgage and others.
  • The quantitative analysis of the global mortgage lending market from 2021 to 2031 is provided to determine the market potential.

FLOWSPARKS and Cornerstone: a seamless integration for the most comprehensive and impactful digital learning experience

Retrieved on: 
Tuesday, November 8, 2022
Organization, Environment, Growth, Global Alliance for Banking on Values, Heart, HR, Learning, BNP Paribas Fortis, Partnership, Solution, Video game, Proximus

GHENT, Belgium, Nov. 8, 2022 /PRNewswire-PRWeb/ -- A complementary partnership made in heaven: you have the complete Cornerstone Talent Experience Platform and the full content creation part of FLOWSPARKS with their award-winning authoring tool. This partnership will provide organizations of all sizes with the most comprehensive and impactful e-learning experience.

Key Points: 
  • This partnership will provide organizations of all sizes with the most comprehensive and impactful e-learning experience.
  • This partnership will provide organizations of all sizes with the most comprehensive and impactful e-learning experience.
  • The content creation software of FLOWSPARKS and Cornerstone's Talent Experience Platform are two of the best of breed solutions in the HR software market today.
  • The Authoring tool is at the heart of FLOWSPARKS and gives users all the required elements to create interactive digital training.

HPE Accelerates AG Digital Transformation and Business Outcomes with Cloud-Ready and Data-Driven Solution

Retrieved on: 
Tuesday, October 11, 2022
Professional Services, Data Management, Technology, Insurance, Software, Hardware, Cloud, API, TB, Insurance, HPE, Technology, Storage, Policy, Organization, NYSE, Hewlett Packard Enterprise, CODASYL, Professional services, Language, Industry, Health, AG, COBOL, Grace Hopper, BNP Paribas Fortis, Maintenance, Life, Ageing, Solution, Computing, Retail, Software, Fortis (finance), Capgemini

AG is the largest Belgian insurance company that insures about three million policy holders, individuals, companies and self-employed persons.

Key Points: 
  • AG is the largest Belgian insurance company that insures about three million policy holders, individuals, companies and self-employed persons.
  • AG needed a flexible and efficient solution to support its digital transformation into a better-optimized, automated and data-driven insurance.
  • I am thrilled to know the HPE solution will allow AG to achieve significant cost savings and power platform modernization, said Stephane Lahaye, Managing Director, HPE Belgium.
  • Moving from a mainframe-centric to a cloud-ready decentralized approach is a leap that will unleash AG flexibility while accelerating digital transformation.

Dr. Jeanne Bolger to chair Board of Directors of Belgium-based vaccine technology company AstriVax

Retrieved on: 
Monday, September 26, 2022
Hepatitis, BNP Paribas Fortis, Vaccine, Biohub, Ackermans & van Haaren, GlaxoSmithKline, Johnson & Johnson, Investment, Rabies, CEO, Technology, Board of directors, Leadership, MB, Board, Infection, Pharmaceutical industry

Dr Jeanne Bolger brings over 35 years of management experience in the pharmaceutical industry to the new Belgium-based vaccine technology company.

Key Points: 
  • Dr Jeanne Bolger brings over 35 years of management experience in the pharmaceutical industry to the new Belgium-based vaccine technology company.
  • With this seed capital and the support of Dr Bolger, AstriVax will continue to build its innovative plug-and-play vaccine platform and bring its first vaccines to the clinical development stage.
  • Leuven, Belgium, 26 September 2022 AstriVax has announced that Dr Jeanne Bolger will chair its Board of Directors as non-executive independent director.
  • As the new Chair of the AstriVax Board, doctor and biotech investor Jeanne Bolger brings extensive experience in the pharmaceutical industry, with management roles across R&D, commercial and business development, and venture investments.

Micro Focus Technology and Expertise Support Successful Mainframe Modernisation Project for AG

Retrieved on: 
Monday, September 12, 2022
Digital, Efficiency, BNP Paribas Fortis, Twitter, NYSE, Risk, AG, Micro Focus, LinkedIn, Partnership, Industry, Environment, Program, Professional services, LSE, Ownership, CEO, TCO, Life, Technology, Hewlett Packard Enterprise, Insurance, Multimedia, Management, Video game, Retail, Fortis (finance)

BRUSSELS, Sept. 12, 2022 /PRNewswire/ -- Global digital transformation leader Micro Focus (LSE: MCRO; NYSE: MFGP) today announced the successful modernisation of AG's mission-critical business systems. By using Micro Focus solutions and services, Belgium's largest and oldest insurance provider has established a contemporary, collaborative application development environment that meets the company's current needs, while enabling continued evolution and future change.

Key Points: 
  • BRUSSELS, Sept. 12, 2022 /PRNewswire/ -- Global digital transformation leader Micro Focus (LSE: MCRO; NYSE: MFGP) today announced the successful modernisation of AG 's mission-critical business systems.
  • The modernisation project opened the door for utilising the cloud and aligned operational systems more closely with the data analytics systems.
  • "The completion of this project with AG is the latest in an extensive line of successful core business system modernisation projects for Micro Focus," said Neil Fowler, Micro Focus AMC General Manager.
  • Because of the detailed and extensive planning from the Micro Focus and AG teams, there were no disruptions to AG operations or its customers.

KU Leuven spin-off AstriVax raises € 30 million seed capital to build vaccine platform

Retrieved on: 
Thursday, August 25, 2022
Energy, CEO, KU Leuven, Technology, BEL20, Private banking, Virus, Medtech, Vaccine, Flanders, Care, Euronext, Patient, BNP Paribas Fortis, Biohub, University, Digital transformation, Ackermans & van Haaren, Committee on European Affairs and Oversight of the European Funds, Student, List of life sciences, Public, History, Intellectual property, European Investment Fund, Industry, Development, PMV, EIF, Rabies, Investment, KU, European Commission Investment Plan for Europe, EFSI, Growth, Health, Venture, Thuja, Cornerstone, Doctor of Philosophy, Heart, Infection, Real estate, IPO, Physician, Alexander von Humboldt German International School Montreal, Union, Health care, Climate, VIB, Communications satellite, Financial services, Pharmaceutical industry, European

Closing on 30 million, AstriVax has raised the largest amount of seed capital in the history of spin-offs linked to Belgium-based university KU Leuven.

Key Points: 
  • Closing on 30 million, AstriVax has raised the largest amount of seed capital in the history of spin-offs linked to Belgium-based university KU Leuven.
  • Leuven, Belgium, 25 August 2022 Closing on 30 million, AstriVax has raised the largest amount of seed capital in the history of KU Leuven spin-offs.
  • The company will also continue to build its highly innovative, first-in-class plug-and-play vaccine platform based on the ground-breaking work of co-founders Professor Johan Neyts and Kai Dallmeier, PhD, from the KU Leuven Rega Institute.
  • From 2005 to 2021, KU Leuven invested 21.7 million in its spin-off companies, and 1.46 billion of external capital was raised.

Veteran Risk Management and Global Markets Executive Joins MUFG

Retrieved on: 
Monday, August 1, 2022
Washington University in St. Louis, MUFG Union Bank, Non-U.S. operators of the M60 Patton, Industry, ABN, Mitsubishi UFJ Financial Group, PPM America, Inc., Capital market, Risk management, BMO, Mitsubishi, ABN AMRO, Commerzbank, BNP Paribas Fortis, MUFG Bank, AMRO Bank, NEW, MUFG, International, Bank of Montreal, Economics, Security (finance), Bank

NEW YORK, Aug. 1, 2022 /PRNewswire/ -- MUFG, one of the world's leading financial groups, today announced that Denis McHugh will join the company as Chief Risk Officer for MUFG Securities Americas Inc. and Market Risk Management Officer for MUFG Americas Holdings Corporation, effective August 30, 2022.

Key Points: 
  • Denis McHugh Named Chief Risk Officer for MUFG Securities Americas Inc. and Market Risk Management Officer for MUFG Americas Holdings Corporation
    NEW YORK, Aug. 1, 2022 /PRNewswire/ -- MUFG, one of the world's leading financial groups, today announced that Denis McHugh will join the company as Chief Risk Officer for MUFG Securities Americas Inc. and Market Risk Management Officer for MUFG Americas Holdings Corporation, effective August 30, 2022.
  • In his new role, Mr. McHugh will be responsible for providing strategic direction for risk management for MUFG Securities Americas Inc. and and overseeing all risk disciplines for that business.
  • "His firsthand knowledge of the global markets and securities industry will sharpen our view of risk management through a business lens."
  • Mr. McHugh has over 30 years of experience in both market risk management and capital and emerging markets at global financial institutions.