UST

U.S. Firms Start Aiming GenAI at Business Challenges

Retrieved on: 
Monday, January 22, 2024
Technology, Consulting, Security, Professional Services, Software, Networks, Data Analytics, Data Management, Artificial Intelligence, UST, Legislation, Research, Tech Mahindra, ISG, Virtusa, TCS, NTT DATA, ZS, Research report, AI, Algorithm, HTC Global Services, Infosys, Investment, Persistent Systems, Wipro, Data management, Accenture, NTT, Data science, Mphasis, Growth, Retail

The 2023 ISG Provider Lens™ Analytics Services report for the U.S. finds that most companies believe it is important to invest in GenAI over the next 24 months.

Key Points: 
  • The 2023 ISG Provider Lens™ Analytics Services report for the U.S. finds that most companies believe it is important to invest in GenAI over the next 24 months.
  • GenAI is a key component of several emerging use cases for analytics, including contextual searches, recommendation engines, predictive analytics, virtual assistant solutions and synthetic data generation.
  • In particular, laws addressing data privacy and accountability for AI algorithms and automated decision-making may require impact assessments of companies’ GenAI implementations.
  • The 2023 ISG Provider Lens™ Analytics Services report for the U.S. is available to subscribers or for one-time purchase on this webpage .

BGC Group Announces CFTC Approval for FMX Futures Exchange

Retrieved on: 
Monday, January 22, 2024
LCH, UST, Contract management, Treasury, BGC, CFTC, Risk, Playbook, Risk management, USD, CME, Commodity Futures Trading Commission, FMX, Cryptocurrency

NEW YORK, Jan. 22, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), today announced that its FMX Futures Exchange received Commodity Futures Trading Commission ("CFTC") approval to operate an exchange for U.S. Treasury and SOFR futures, the most widely traded futures contracts in the world, for trading on FMX1.

Key Points: 
  • NEW YORK, Jan. 22, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), today announced that its FMX Futures Exchange received Commodity Futures Trading Commission ("CFTC") approval to operate an exchange for U.S. Treasury and SOFR futures, the most widely traded futures contracts in the world, for trading on FMX1.
  • Howard W. Lutnick, Chairman and CEO of BGC Group, a leading global brokerage and financial technology company, said, "With this CFTC approval, we will combine our leading Fenics UST cash Treasury platform with our FMX Futures Exchange to deliver competition across the CME's U.S. interest rate complex.
  • We will execute the same playbook with our FMX Futures Exchange."
  • Robert Allen, President of FMX Futures Exchange, added, "FMX's global connectivity and vast distribution, combined with LCH's highly efficient cross-margin benefits will challenge CME's most valuable vertical, its U.S. interest rate complex.

BGC Group Announces CFTC Approval for FMX Futures Exchange

Retrieved on: 
Monday, January 22, 2024
LCH, UST, Contract management, Treasury, BGC, CFTC, Risk, Playbook, Risk management, USD, CME, Commodity Futures Trading Commission, FMX, Cryptocurrency

NEW YORK, Jan. 22, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), today announced that its FMX Futures Exchange received Commodity Futures Trading Commission ("CFTC") approval to operate an exchange for U.S. Treasury and SOFR futures, the most widely traded futures contracts in the world, for trading on FMX1.

Key Points: 
  • NEW YORK, Jan. 22, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), today announced that its FMX Futures Exchange received Commodity Futures Trading Commission ("CFTC") approval to operate an exchange for U.S. Treasury and SOFR futures, the most widely traded futures contracts in the world, for trading on FMX1.
  • Howard W. Lutnick, Chairman and CEO of BGC Group, a leading global brokerage and financial technology company, said, "With this CFTC approval, we will combine our leading Fenics UST cash Treasury platform with our FMX Futures Exchange to deliver competition across the CME's U.S. interest rate complex.
  • We will execute the same playbook with our FMX Futures Exchange."
  • Robert Allen, President of FMX Futures Exchange, added, "FMX's global connectivity and vast distribution, combined with LCH's highly efficient cross-margin benefits will challenge CME's most valuable vertical, its U.S. interest rate complex.

South Street Securities Holdings Announces Successful Closure of GX2 Systems Acquisition

Retrieved on: 
Tuesday, January 16, 2024
United States Treasury security, UST, Platform as a service, Acquisition, Information services, Growth, Cryptocurrency

New York, NY, Jan. 16, 2024 (GLOBE NEWSWIRE) -- South Street Securities Holdings, Inc. (“South Street”) is pleased to announce the successful completion of its acquisition of GX2 Systems, LLC including GX2's wholly owned broker-dealer subsidiary, GX2 Spread Markets, LLC ("GX2").

Key Points: 
  • New York, NY, Jan. 16, 2024 (GLOBE NEWSWIRE) -- South Street Securities Holdings, Inc. (“South Street”) is pleased to announce the successful completion of its acquisition of GX2 Systems, LLC including GX2's wholly owned broker-dealer subsidiary, GX2 Spread Markets, LLC ("GX2").
  • GX2 is an innovative financial market software engineering company specializing in the development and implementation of next-generation U.S. Treasury (UST) securities liquidity and related analytical solutions.
  • The acquisition of GX2 by South Street is a strategic move, reinforcing its commitment to providing a comprehensive suite of impactful solutions and exceptional service.
  • David Jaberg, GX2 President & Chief Executive Officer, declares that “The team at GX2 Systems and GX2 Spread Markets is thrilled to become a part of the South Street family of companies.

Clover Health Exits ACO REACH to Accelerate Path to Profitability

Retrieved on: 
Friday, December 1, 2023
Partnership, Physician, UST, Medicare, ACO, Optimism, Clover Health, CMS, Pharmaceutical industry

Written notification will also be sent to all participating physicians in accordance with CMS requirements.

Key Points: 
  • Written notification will also be sent to all participating physicians in accordance with CMS requirements.
  • The decision will have no impact on its ACO REACH beneficiaries, and Clover will continue to fulfill all of its obligations under the ACO REACH Program for the 2023 performance year.
  • We remain focused on our goal to deliver a sustainable, profitable Clover Heath to our members and investors.
  • Overall, this narrower focus gives us even greater optimism that Clover Health can deliver profitability on an Adjusted EBITDA basis for full-year 2024.”

The Triple laser UST Projectors from AWOL Vision is offering their lowest price ever this BFCM

Retrieved on: 
Thursday, November 23, 2023
AWOL, Dolby Vision, Cyber Monday, UST, Control4, MSRP, Amazon (company), Black Friday, Television

Delray Beach, FL, Nov. 22, 2023 (GLOBE NEWSWIRE) -- AWOL Vision, maker of industry-disrupting triple-laser home theater projectors, is thrilled to announced unparalleled Black Friday and Cyber Monday deals at amazon.com, featuring astounding discounts on their top-of-the-line triple-laser, ultra-short-throw (UST) projectors and cutting-edge projector screens.

Key Points: 
  • Delray Beach, FL, Nov. 22, 2023 (GLOBE NEWSWIRE) -- AWOL Vision, maker of industry-disrupting triple-laser home theater projectors, is thrilled to announced unparalleled Black Friday and Cyber Monday deals at amazon.com, featuring astounding discounts on their top-of-the-line triple-laser, ultra-short-throw (UST) projectors and cutting-edge projector screens.
  • Headlining this exclusive event is the unprecedented holiday deal on the company’s highly acclaimed LTV-2500 projector ( https://bit.ly/49Fp3jU) , slashing $1,000 off the MSRP, marking the lowest price ever offered on this premium projector.
  • Additionally, AWOL Vision will offer remarkable deals at Amazon.com on its latest projector models, including $1,000 off deals on its newly-released LTV-3000 Pro ( https://bit.ly/47r236G) and LTV-3500 Pro ( https://bit.ly/3MU35Qq) triple-laser UST projectors featuring advanced features like Dolby Vision and Control4 integration.
  • These jaw-dropping projector deals will be live exclusively on Amazon from November 24 to November 28, 2023.

U.S. Firms Seek Multiple Public Clouds for Power, Agility

Retrieved on: 
Tuesday, December 12, 2023
Technology, Consulting, Security, Professional Services, Software, Networks, Internet, Hardware, Data Management, Cloud, Research, Organization, Wipro, SAP, Mphasis, Consultant, Tech Mahindra, IBM, TCS, Managed services, Algorithm, Infosys, ISG, DXC Technology, Accenture, Persistent Systems, Rackspace Technology, Growth, Computation, AI, UST, Microsoft, AWS, SES Platform Services, Research report, Network equipment provider, Unisys, Time Warner Cable, HCLTech, Microland

“Companies need efficient, scalable computing resources without significant upfront investment,” said Bernie Hoecker, partner, Enterprise Cloud Transformation leader, ISG.

Key Points: 
  • “Companies need efficient, scalable computing resources without significant upfront investment,” said Bernie Hoecker, partner, Enterprise Cloud Transformation leader, ISG.
  • “Service providers are helping them realize those benefits through public clouds.”
    Most U.S. enterprises that have adopted public clouds work with more than one hyperscaler, which allows them to take advantage of the strengths of each and avoid vendor lock-in, ISG says.
  • The complexity of multi-cloud management is driving more firms to seek services.
  • The 2023 ISG Provider Lens™ Multi Public Cloud Services report for the U.S. is available to subscribers or for one-time purchase on this webpage .

UST Recognized by Business Culture Awards for the Fourth Consecutive Year

Retrieved on: 
Wednesday, December 6, 2023
Best, CSR, Social responsibility, BCA, COLORS, Culture, Humility, Communication, Cultural center, Innovation, UST, Integrity, Industrial design, Management

LONDON and ALISO VIEJO, Calif., Dec. 6, 2023 /PRNewswire/ -- UST, a leading digital transformation solutions company, was recognised for the fourth consecutive year at the prestigious 2023 Business Culture Awards (BCA), winning recognition for its commitment to fostering a culture of excellence and sustainability. This year, UST secured wins in two significant categories - Best CSR/Corporate Sustainability Initiative for its community-based environment projects aligned with its business strategy and net zero goal, and Best Global/International Organization for Business Culture for COLORS, an award-winning employee engagement program of UST. 

Key Points: 
  • The company secured victory in two competitive categories, underscoring its commitment to corporate social responsibility, and building an inclusive business culture.
  • UST has previously been recognized across a range of categories by BCA, earning recognition as the Best Large Organization – Business Culture and Building a Culture of Innovation in 2022 , the Business Culture Team Award in 2021 and the Best International Initiative for Business Culture in 2020 .
  • Furthermore, recognition by BCA as the Best Global/International Organisation for Business Culture category, highlights UST's global influence and unwavering commitment to cultivating a positive and inclusive business culture.
  • Business Culture Leadership Award: UST's leadership's commitment to cultivating a positive and impactful business culture garnered the company a finalist position in this leadership-focused category.

UST Recognized by Business Culture Awards for the Fourth Consecutive Year

Retrieved on: 
Wednesday, December 6, 2023
Best, CSR, Social responsibility, BCA, COLORS, Culture, Humility, Communication, Cultural center, Innovation, UST, Integrity, Industrial design, Management

LONDON and ALISO VIEJO, Calif., Dec. 6, 2023 /PRNewswire/ -- UST, a leading digital transformation solutions company, was recognised for the fourth consecutive year at the prestigious 2023 Business Culture Awards (BCA), winning recognition for its commitment to fostering a culture of excellence and sustainability. This year, UST secured wins in two significant categories - Best CSR/Corporate Sustainability Initiative for its community-based environment projects aligned with its business strategy and net zero goal, and Best Global/International Organization for Business Culture for COLORS, an award-winning employee engagement program of UST. 

Key Points: 
  • The company secured victory in two competitive categories, underscoring its commitment to corporate social responsibility, and building an inclusive business culture.
  • UST has previously been recognized across a range of categories by BCA, earning recognition as the Best Large Organization – Business Culture and Building a Culture of Innovation in 2022 , the Business Culture Team Award in 2021 and the Best International Initiative for Business Culture in 2020 .
  • Furthermore, recognition by BCA as the Best Global/International Organisation for Business Culture category, highlights UST's global influence and unwavering commitment to cultivating a positive and inclusive business culture.
  • Business Culture Leadership Award: UST's leadership's commitment to cultivating a positive and impactful business culture garnered the company a finalist position in this leadership-focused category.

Dell Technologies Announces Cash Tender Offers for Certain Outstanding Debt Securities

Retrieved on: 
Monday, December 4, 2023
Level 6, Wells Fargo, Telephone, Security (finance), Goldman Sachs, United States Treasury security, Dell, Treasury, Bloomberg, BofA Securities, Expiration, UST, Interest, Tender, Expiration date, Cryptocurrency, Offers

Holders of Securities who validly tender their Securities following the Early Tender Deadline and on or prior to the Expiration Date will receive only the applicable Tender Offer Consideration per $1,000 principal amount of any such Securities validly tendered by such Holders that are accepted for purchase.

Key Points: 
  • Holders of Securities who validly tender their Securities following the Early Tender Deadline and on or prior to the Expiration Date will receive only the applicable Tender Offer Consideration per $1,000 principal amount of any such Securities validly tendered by such Holders that are accepted for purchase.
  • If the Offers are not fully subscribed at the Early Tender Deadline, subject to the Aggregate Tender Cap, the Tender Sub-Caps and proration, Securities validly tendered and not validly withdrawn at or prior to the Early Tender Deadline will be accepted for purchase in priority to Securities validly tendered following the Early Tender Deadline even if such Securities validly tendered following the Early Tender Deadline have a higher Acceptance Priority Level than Securities validly tendered at or prior to the Early Tender Deadline.
  • If the Offers are fully subscribed at the Early Tender Deadline, Holders who validly tender Securities following the Early Tender Deadline but on or prior to the Expiration Date will not have any of their Securities accepted for purchase regardless of their Acceptance Priority Level.
  • Additionally, if any of the Tender Sub-Caps is reached in respect of the applicable series of Securities at or prior to the Early Tender Deadline, no Securities of such applicable series that are tendered after the Early Tender Deadline will be accepted for purchase, unless Dell increases the applicable Tender Sub-Cap.