Financial data vendor

AM Best Revises Outlooks to Positive; Affirms Credit Ratings of Junto Resseguros S.A. and Junto Seguros S.A.

Retrieved on: 
Wednesday, November 29, 2023
Banking, Professional Services, Insurance, Finance, Eye, Confidentiality, Organization, ERM, Risk, Credit, Version, Surety, AM Best, The Travelers Companies, Communication, Country risk, Environment, Financial data vendor, Growth, News, ALL, Risk management, Music, Cryptocurrency, Audit, Junto

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 Ratings (Long-Term ICR) of “a-” (Excellent) of Junto Resseguros S.A. (Junto Re) and Junto Seguros S.A. (Junto Seg) (collectively referred to as Junto).

Key Points: 
  • 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 Ratings (Long-Term ICR) of “a-” (Excellent) of Junto Resseguros S.A. (Junto Re) and Junto Seguros S.A. (Junto Seg) (collectively referred to as Junto).
  • The Credit Ratings (ratings) reflect Junto’s balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM).
  • For current Best’s Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive .
  • AM Best does not validate or certify the information provided by the client in order to issue a credit rating.

AM Best Affirms Credit Ratings of MAPFRE México, S.A.

Retrieved on: 
Wednesday, October 18, 2023
Insurance, Professional Services, GWP, Policy, AM Best, Life, Credit, News, Organization, Acquisition, AM, Financial data vendor, Growth, ERM, Version, Confidentiality, Perception, Communication, ALL, MAPFRE, Risk management, Rare-earth element, Audit

The outlook of these Credit Ratings (ratings) is stable.

Key Points: 
  • The outlook of these Credit Ratings (ratings) is stable.
  • For information on the meaning of ratings, structure, voting and the committee process for determining the ratings and monitoring activities, relevant sources of information and the frequency for updating ratings, please refer to Guide to Best’s Credit Ratings .
  • AM Best does not validate or certify the information provided by the client in order to issue a credit rating.
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Moody's and Google Cloud Partner on Generative AI Applications Tailored for Financial Services Professionals

Retrieved on: 
Monday, October 23, 2023
Cloud, Moody's Investors Service, NYSE, BigQuery, Moody's Corporation, LLM, Google Cloud, Access, Financial data vendor, Partnership, Moody, Acceleration, MCO, AI, Google Cloud Platform, Cryptocurrency

NEW YORK and SUNNYVALE, Calif., Oct. 23, 2023 /PRNewswire/ -- Moody's Corporation (NYSE:MCO) and Google Cloud today announced a new strategic partnership to explore bringing together Moody's expertise in financial analysis and Google Cloud's advanced generative AI (gen AI) technologies to help Moody's customers and employees leverage new large language models (LLMs) to glean new financial insights and summarize financial data faster.

Key Points: 
  • Customers will be able to build and access AI models, accelerating time-to-value through increased efficiency and individualized use cases for financial services professionals.
  • "Through this partnership, research teams at Moody's and Google Cloud will collaborate on fine-tuned LLMs and AI applications that will enable financial service professionals to produce new, proprietary insights faster than ever before."
  • "Our collaboration with Moody's is a blueprint for how advanced gen AI technology can drive efficiencies for financial institutions and employees in the financial services industry," said Phil Moyer, VP, Global AI Business and Solutions, Google Cloud.
  • "By combining Google Cloud's cutting-edge gen AI capabilities with Moody's expertise, we can help customers make better decisions and employees be more productive."

NetSuite Extends Analytics Warehouse to Help Customers Gain Greater and Faster Value from Data

Retrieved on: 
Tuesday, October 17, 2023
Cloud, Atmosphere of Earth, Intelligence, NetSuite, AI, Organization, Wine, Motion, Data management, Pet, ADW, Oracle, Growth, Financial data vendor, Warehouse, EVP, Overture, Holiday, Retail

LAS VEGAS, Oct. 17, 2023 /PRNewswire/ -- SUITEWORLD 2023 -- Oracle NetSuite today announced the latest updates to NetSuite Analytics Warehouse – the first and only AI-enabled, prebuilt cloud data warehouse and analytics solution for NetSuite customers. The latest updates will help organizations improve data management so customers can quickly build analyses to increase efficiencies and reduce costs, gain a better understanding of their customers, and leverage data to innovate and grow faster. NetSuite Analytics Warehouse is now available to customers in North America, Israel, U.K., Ireland, Spain, France, Germany, Denmark, Norway, Sweden, Netherlands, Australia, New Zealand, Mexico, Colombia, Brazil, Philippines, and Singapore.

Key Points: 
  • LAS VEGAS, Oct. 17, 2023 /PRNewswire/ -- SUITEWORLD 2023 -- Oracle NetSuite today announced the latest updates to NetSuite Analytics Warehouse – the first and only AI-enabled, prebuilt cloud data warehouse and analytics solution for NetSuite customers.
  • Built on Oracle Analytics Cloud and Oracle Autonomous Data Warehouse (ADW), NetSuite Analytics Warehouse leverages AI to harness business data and accelerate value creation.
  • The latest updates to NetSuite Analytics Warehouse provide:
    Analytics Embedded in User Dashboards: Customers can now add links to important and frequently-used visualizations from NetSuite Analytics Warehouse to NetSuite dashboards.
  • Customers can efficiently track key metrics and drill into charts based on NetSuite data blended with other relevant systems' data.

Coalition of leading industry stakeholders voice continued support for vital Canadian Payments Act amendments

Retrieved on: 
Wednesday, October 11, 2023
Government, Ministry of Finance, Bank, Payment, Foreign policy, Organization, Select Committee of the House of Commons on the Civil Government of Canada, Redundancy Payments Act 1965, Safety, Minister of Finance (Canada), Social impact, Legislation, Interac, Manufacturing Technologies Association, SVP, Riau rupiah, Financial data vendor, ETA, CFIB, Canadian Federation of Independent Business, Health insurance, Online shopping, Policy, Payments Canada

Expanded membership eligibility is essential to broaden safe access and participation on Payments Canada's infrastructure. By broadening access to include payment service providers, credit union locals, and operators of financial market infrastructures that meet regulatory and legislative requirements, the Government of Canada will foster competition and innovation and help ensure the future of digital payments happens within -- and not outside -- the regulatory system.

Key Points: 
  • OTTAWA, ON, Oct. 11, 2023 /CNW/ - Leaders across Canada's payments industry continue to demonstrate unified support for amendments to the Canadian Payments Act to expand Payments Canada's membership.
  • "Payments are changing at an unprecedented rate," said Tracey Black, President and Chief Executive Officer of Payments Canada.
  • Interac supports updating the Canadian Payments Act to enable broadened participation in national payments infrastructure and will continue to work with industry stakeholders to advance opportunities for increased access on our network and products."
  • The amendments to the Canadian Payments Act are long overdue and necessary to enable non-bank access to the payment system.

The St. Joe Company Reports Second Quarter and First Half 2023 Results and Increases Quarterly Dividend by 20%

Retrieved on: 
Wednesday, July 26, 2023
Residential Building & Real Estate, Lodging, Commercial Building & Real Estate, Destinations, Construction & Property, Vacation, Travel, Professional Services, Building Systems, Asset Management, Other Construction & Property, Financial data vendor, Maintenance, Housing, St. Joe Company, Macromedia HomeSite, Bank statement, LIBOR, Tax, SOFR, Quality of life, Intracoastal Waterway, GAAP, Securities and Exchange Commission of Pakistan, Sale, Public expenditure, Hotel Indigo, School, EBITDA, FSU, Depreciation, Embassy Suites by Hilton, Corporation, Form, Latitude, Residence Inn by Marriott, Growth, Security (finance), NYSE, Total, Safety, Video game, Tourism, Renting, Bookkeeping, Cryptocurrency, Pier Park

The St. Joe Company (NYSE: JOE) (the “Company”) today reports second quarter and first half 2023 results.

Key Points: 
  • The St. Joe Company (NYSE: JOE) (the “Company”) today reports second quarter and first half 2023 results.
  • We grew revenue in the second quarter of 2023 by 88% and net income attributable to the Company by 104%.
  • Our leasing revenue grew by 33% to $12.4 million.”
    Mr. Gonzalez continued, “We sold 300 homesites in the second quarter of 2023 as compared to 231 homesites in the second quarter of 2022.
  • Hospitality revenue increased by 52% to a quarterly record of $45.1 million in the second quarter of 2023, as compared to $29.6 million in the second quarter of 2022.

Huawei Releases the "F2F2X" Data Infrastructure Architecture to Help Financial Institutions Build "4+" Modern Data Centers in the Intelligent Era

Retrieved on: 
Monday, June 12, 2023
IDC, Financial data vendor, Georgia Institute of Technology School of Cybersecurity and Privacy, Huawei, DME, Intelligence, Data management, Architecture, AI, Cryptocurrency, Computer data storage, Privacy, Data, Computer security

SHANGHAI, June 12, 2023 /PRNewswire/ -- Huawei launched its innovative data center data infrastructure architecture F2F2X (Flash-to-Flash-to-Anything) at the Financial Data Storage Session, a part of the Huawei Intelligent Finance Summit 2023.

Key Points: 
  • SHANGHAI, June 12, 2023 /PRNewswire/ -- Huawei launched its innovative data center data infrastructure architecture F2F2X (Flash-to-Flash-to-Anything) at the Financial Data Storage Session, a part of the Huawei Intelligent Finance Summit 2023.
  • This architecture forms a reliable data foundation to help financial institutions handle the challenges brought by new data, new apps, and new resilience.
  • This architecture is designed to efficiently unleash the potential of data and activate the potential of "4+" (Data acceleration+, Data resilience+, Data mobility+, Data management+) data centers.
  • Data mobility+: Six intelligent data tiering capabilities and the DME global data scheduling engine ensure the lowest TCO throughout the data lifecycle.

Syntellis Performance Solutions Continues Multi-Year Streak as Leading Vendor in the Black Book Research 2023 Financial Software Solutions Survey

Retrieved on: 
Thursday, June 8, 2023
Professional Services, Health, Technology, Finance, Software, General Health, Data management, Financial data vendor, Benchmarking, Survival, Intelligence, Research, CFOS, Aviation Performance Solutions, Black Book, Organization, Management, Health insurance, Nursing

Syntellis Performance Solutions , the leading provider of enterprise performance management software, data and intelligence solutions, today announced it earned three first-place rankings in the Black Book Research 2023 Financial Technology surveys.

Key Points: 
  • Syntellis Performance Solutions , the leading provider of enterprise performance management software, data and intelligence solutions, today announced it earned three first-place rankings in the Black Book Research 2023 Financial Technology surveys.
  • Syntellis’ Axiom Healthcare Suite was recognized as the leader in Benchmarking & Comparative Analytics, Cost Accounting & Financial Decision Support, and Provider Contract Management solutions.
  • Black Book collected survey responses from nearly 5,000 health system chief financial officers, vice presidents of finance, controllers, and others to determine the top-performing vendors among in-demand financial software, technology platforms and systems.
  • “We’re proud to be recognized for the fourth year running as the leading vendor across several categories by Black Book Research.

AM Best Assigns Credit Ratings to AVLA Seguros, S.A. de C.V.

Retrieved on: 
Thursday, April 27, 2023
Banking, Professional Services, Insurance, Finance, Good, Financial data vendor, AM Best, S.A, ALL, ERM, NSR, Credit, USD, Organization, Version, International Credit Insurance & Surety Association, Superior, AM, News, Risk management, Reinsurance, Cryptocurrency, Audit, Surety

The outlook assigned to these Credit Ratings (ratings) is stable.

Key Points: 
  • The outlook assigned to these Credit Ratings (ratings) is stable.
  • AVLA is owned by AVLA S.A. (AVLA S.A.), a Chilean financial holding company engaged in insurance operations in Chile, Peru and Brazil.
  • For information on the meaning of ratings, structure, voting and the committee process for determining the ratings and monitoring activities, please refer to Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

What key factors impact investors' willingness to pay for data?

Retrieved on: 
Wednesday, April 26, 2023
Institutional Brokers' Estimate System, Financial data vendor, Growth, MIT Sloan School of Management, New York University Stern School of Business, Hand, Research, Investment, Economics, Peer review, Columbia Business School, History, Cryptocurrency, Security (finance)

CAMBRIDGE, Mass., April 26, 2023 /PRNewswire/ -- In a new study co-led by MIT Sloan School of Management, researchers have developed a statistical method that investors and financial firms can use to value their existing data and/or a potential data stream that they are considering acquiring.

Key Points: 
  • This new research uncovers key factors that play a part in how investors' willingness to pay for data can change.
  • This methodology enabled the researchers to uncover key determinants of investors' willingness to pay for data.
  • The research also uncovered key factors that play a part in how investors' willingness to pay for data can change.
  • The researchers found that differences in investor characteristics have a considerable impact on how investors value the same data.