ECL

Clairvest Reports Fiscal 2023 Fourth Quarter and Year End Results

Retrieved on: 
Monday, June 26, 2023

TORONTO, June 26, 2023 (GLOBE NEWSWIRE) -- Clairvest Group Inc. (TSX: CVG) today reported results for the fourth quarter and year ended March 31, 2023 and events which occurred subsequent to year end. (All figures are in Canadian dollars unless otherwise stated)

Key Points: 
  • TORONTO, June 26, 2023 (GLOBE NEWSWIRE) -- Clairvest Group Inc. (TSX: CVG) today reported results for the fourth quarter and year ended March 31, 2023 and events which occurred subsequent to year end.
  • In aggregate, this represented 35% of our book value as at March 31, 2023, or approximately $28 per share.
  • Net loss for the fourth quarter was $13.8 million, or $0.92 per share.
  • The net income for the fourth quarter of fiscal 2023 reflects a net decrease in the fair value of Clairvest’s investee companies and a corresponding decrease in carried interest from the CEP Funds.

Data Center World 2023 Explored the Future of the Data Center Industry with Data Center Facilities and IT Infrastructure Professionals

Retrieved on: 
Wednesday, May 17, 2023

Data Center World , the leading global conference for data center facilities and IT professionals, brought 2,000 attendees and over 200 exhibitors to the Austin Convention Center to explore the future of the industry.

Key Points: 
  • Data Center World , the leading global conference for data center facilities and IT professionals, brought 2,000 attendees and over 200 exhibitors to the Austin Convention Center to explore the future of the industry.
  • Data Center World is AFCOM’s annual gathering of IT and data center professionals.
  • “This past week, we gathered data center professionals, technology business leaders and innovators to discuss the future of our fast-growing industry and revealed results from our just released data center research report.
  • To support the growing need for data, data center professionals are turning to all-flash storage to properly manage data requirements.

Eye Care Leaders Partners with DavLong to Improve Customer Support for MedFlow™ and MDOffice™ Software Suites

Retrieved on: 
Friday, May 5, 2023

DURHAM, N.C., May 5, 2023 /PRNewswire/ -- Eye Care Leaders (ECL) is excited to announce an expanded partnership with DavLong Business Solutions (DavLong), a long tenured channel-partner of ECL.

Key Points: 
  • DURHAM, N.C., May 5, 2023 /PRNewswire/ -- Eye Care Leaders (ECL) is excited to announce an expanded partnership with DavLong Business Solutions (DavLong), a long tenured channel-partner of ECL.
  • As of June 1, 2023 DavLong will be the exclusive licensee of MedFlow™ and MDOffice™ and will assume product development, service, and support for their customers.
  • This partnership reinforces the offerings of each software suite and will strengthen the future of the MedFlow™ and MDOffice™ platforms for years to come.
  • As one of the first ECL reseller partners and technical service providers for MedFlow™, DavLong has the necessary experience and clinical expertise that prioritizes the service and support needs of practices.

2023 Q1 Interim Management Statement

Retrieved on: 
Wednesday, May 3, 2023

The Group's statutory profit before tax for the first three months of 2023 was £2,068 million, £611 million higher than the same period in 2022.

Key Points: 
  • The Group's statutory profit before tax for the first three months of 2023 was £2,068 million, £611 million higher than the same period in 2022.
  • Other income was £199 million higher at £1,087 million in the three months ended 31 March 2023 compared to £888 million in the same period last year.
  • In the first three months of 2023 the Group recognised remediation costs of £17 million in relation to pre-existing programmes (three months ended 31 March 2022: £33 million).
  • Total assets were £740 million higher at £617,668 million at 31 March 2023 compared to £616,928 million at 31 December 2022.

Clairvest to Partner with ECL Entertainment to Build and Operate A Historical Horse Racing Facility in New Hampshire

Retrieved on: 
Monday, May 1, 2023

ECL is an experienced gaming operator, which owns and operates multiple historical horse racing (“HHR”) facilities in Kentucky including the Mint at Kentucky Downs.

Key Points: 
  • ECL is an experienced gaming operator, which owns and operates multiple historical horse racing (“HHR”) facilities in Kentucky including the Mint at Kentucky Downs.
  • Clairvest and ECL have acquired NHCG, LLC and The River Property & Hospitality Group, LLC, which operate the Lucky Moose Casino and Tavern and The River Casino & Sports Bar, both located in Nashua, New Hampshire (the acquired businesses are collectively “NHCG”).
  • In June 2021, New Hampshire passed legislation allowing pari-mutuel wagering on HHR at 15 facilities that held a games of chance license.
  • This transaction represents Clairvest’s 15th investment in the gaming space, building on Clairvest’s 23-year successful track in the gaming industry.

Emerald Cloud Lab Establishes AI Scientific Advisory Board

Retrieved on: 
Thursday, April 27, 2023

SAN FRANCISCO, April 27, 2023 /PRNewswire/ -- Emerald Cloud Lab (ECL), the first highly automated cloud research laboratory, today announced the creation of the first-of-its-kind artificial intelligence (AI) scientific advisory board (AISAB). The newly established board brings together select expert researchers from various fields who will work together to develop policies, processes, and procedures, in addition to reviewing the ethics of applying AI to scientific research within ECL's cloud lab environment. The formation of the AISAB is an important milestone given the future AI applications capable of designing experiments on the Emerald Cloud Lab.

Key Points: 
  • SAN FRANCISCO, April 27, 2023 /PRNewswire/ -- Emerald Cloud Lab (ECL), the first highly automated cloud research laboratory, today announced the creation of the first-of-its-kind artificial intelligence (AI) scientific advisory board (AISAB).
  • The formation of the AISAB is an important milestone given the future AI applications capable of designing experiments on the Emerald Cloud Lab.
  • ECL's AI Scientific Advisory Board is comprised of the following experts in their respective fields:
    Erika Alden DeBenedictis, Ph.D.
  • I'm confident their collective expertise and insights will be invaluable in developing the best path forward in utilizing AI in scientific research," said Brian Frezza, Co-founder of Emerald Cloud Lab.

Emerald Cloud Lab Establishes AI Scientific Advisory Board

Retrieved on: 
Thursday, April 27, 2023

SAN FRANCISCO, April 27, 2023 /PRNewswire/ -- Emerald Cloud Lab (ECL), the first highly automated cloud research laboratory, today announced the creation of the first-of-its-kind artificial intelligence (AI) scientific advisory board (AISAB). The newly established board brings together select expert researchers from various fields who will work together to develop policies, processes, and procedures, in addition to reviewing the ethics of applying AI to scientific research within ECL's cloud lab environment. The formation of the AISAB is an important milestone given the future AI applications capable of designing experiments on the Emerald Cloud Lab.

Key Points: 
  • SAN FRANCISCO, April 27, 2023 /PRNewswire/ -- Emerald Cloud Lab (ECL), the first highly automated cloud research laboratory, today announced the creation of the first-of-its-kind artificial intelligence (AI) scientific advisory board (AISAB).
  • The formation of the AISAB is an important milestone given the future AI applications capable of designing experiments on the Emerald Cloud Lab.
  • ECL's AI Scientific Advisory Board is comprised of the following experts in their respective fields:
    Erika Alden DeBenedictis, Ph.D.
  • I'm confident their collective expertise and insights will be invaluable in developing the best path forward in utilizing AI in scientific research," said Brian Frezza, Co-founder of Emerald Cloud Lab.

PSSI Announces Leadership Transition

Retrieved on: 
Wednesday, April 5, 2023

PSSI, a leading food safety solution and sanitation provider, announced today that Tim Mulhere, a former Ecolab (NYSE: ECL) executive, will become the company’s Chief Executive Officer.

Key Points: 
  • PSSI, a leading food safety solution and sanitation provider, announced today that Tim Mulhere, a former Ecolab (NYSE: ECL) executive, will become the company’s Chief Executive Officer.
  • Mr. Mulhere joins PSSI after spending more than 20 years in various executive leadership positions at Ecolab, a global leader in food safety, hygiene and infection prevention solutions, and water and energy use optimization.
  • Mr. Mulhere also previously led Ecolab’s multibillion-dollar International Regions and Industrial Water businesses among other roles at the company.
  • Tim Mulhere said: “I am pleased to take on this new position as CEO of PSSI.

Clearwater Analytics Wins IFRS 9 Solution Provider of the Year from Insurance Asset Risk Awards 2023

Retrieved on: 
Thursday, March 2, 2023

BOISE, Idaho, March 2, 2023 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, today announced that it has won the IFRS 9 Solution Provider of the Year for its flexible analysis and reporting capabilities that play a critical part in helping financial institutions streamline their investment operations, maximize their investment portfolio data, and be successful as they implement IFRS 9.

Key Points: 
  • It lets financial institutions know that Clearwater can easily handle the classification and measurement needs required under IFRS 9," said Gayatri Raman, President, Europe, Clearwater Analytics.
  • Specifically, for each account, Clearwater applies the measurement and classification category advised and updates this upon client instruction when needed.
  • These awards underscore the competitive advantage, high data quality improvements, and significant efficiencies the Clearwater platform delivers to its clients.
  • Clearwater's complete IFRS 9 implementation checklist helps clients establish compliance processes for IFRS 9 and can be found here .

Clearwater Analytics Wins IFRS 9 Solution Provider of the Year from Insurance Asset Risk Awards 2023

Retrieved on: 
Thursday, March 2, 2023

BOISE, Idaho, March 2, 2023 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, today announced that it has won the IFRS 9 Solution Provider of the Year for its flexible analysis and reporting capabilities that play a critical part in helping financial institutions streamline their investment operations, maximize their investment portfolio data, and be successful as they implement IFRS 9.

Key Points: 
  • It lets financial institutions know that Clearwater can easily handle the classification and measurement needs required under IFRS 9," said Gayatri Raman, President, Europe, Clearwater Analytics.
  • Specifically, for each account, Clearwater applies the measurement and classification category advised and updates this upon client instruction when needed.
  • These awards underscore the competitive advantage, high data quality improvements, and significant efficiencies the Clearwater platform delivers to its clients.
  • Clearwater's complete IFRS 9 implementation checklist helps clients establish compliance processes for IFRS 9 and can be found here .