AMRO Bank

ABN AMRO Moves Progress-Powered Credit Store App to Azure Cloud; Achieves 40% Faster Data Processing, Lower TCO and Improved Business Resilience

Retrieved on: 
Tuesday, March 12, 2024
Microsoft, Total cost of ownership, Azure, MarkLogic, ABN, Database, EVP, Total cost, Infosys, ABN AMRO, Data hub, History, Software, PRGS, TCO, Progress, AMRO Bank, Cryptocurrency

BURLINGTON, Mass., March 12, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced that ABN AMRO Bank, one of the largest banks in the Netherlands, migrated its Progress-powered Credit Store application from on-premises to Microsoft Azure leveraging MarkLogic® Data Hub's cloud neutrality and deployment flexibility—resulting in faster data processing, increased business resilience and lower Total Cost of Ownership (TCO).

Key Points: 
  • Built on the MarkLogic Data Hub repository, the bank’s Credit Store application enables business users to assess the risks of and approve or reject credit applications based on client data collected from various siloed sources.
  • To boost its performance and simplify its overall technology environment, ABN AMRO partnered with Infosys to migrate the Credit Store application.
  • The MarkLogic Data Hub helps organizations gain operational excellence by delivering a 360-degree view of their operations, customers and people.
  • “The MarkLogic Data Hub reoffers the ability to adapt to changing business needs, navigate regulatory requirements and improve business continuity.”

EQS-News: ENCAVIS successfully signed project refinancing agreements for Spanish solar parks Talayuela & La Cabrera of EUR 203 million

Retrieved on: 
Wednesday, March 13, 2024
CFO, Project finance, Letter, AMRO Bank, ABN, ABN AMRO, MDAX, EUR, Deutsch, Rabobank, Electricity, NatWest, Professional, Commercial property

Hamburg, 7th March 2024 – Hamburg-based wind and solar park operator Encavis AG, listed on the MDAX of Deutsche Börse AG (Prime Standard; ISIN: DE0006095003; ticker symbol: ECV) has signed two non-recourse project refinancing agreements in a total amount of EUR 203 million for its operating solar plants Talayuela and La Cabrera, Spain.

Key Points: 
  • Hamburg, 7th March 2024 – Hamburg-based wind and solar park operator Encavis AG, listed on the MDAX of Deutsche Börse AG (Prime Standard; ISIN: DE0006095003; ticker symbol: ECV) has signed two non-recourse project refinancing agreements in a total amount of EUR 203 million for its operating solar plants Talayuela and La Cabrera, Spain.
  • Both refinancing transactions have been structured, arranged, and managed by ENCAVIS' inhouse Project Finance team.
  • While ABN AMRO, Rabobank and Bankinter are financing partners of ENCAVIS for years, NatWest provides project financing to ENCAVIS for the first time.
  • In total, the refinancing includes EUR 181.5 million Term Loan Facilities (hedged by interest rate swaps), as well as EUR 13 million Letter of Credit Facilities and EUR 8.5 million Debt Service Reserve Facilities.

CompoSecure Chief Product and Innovation Officer to Speak on Digital Transformation for Financial Institutions at Finovate Europe 2024

Retrieved on: 
Tuesday, February 27, 2024
Digital transformation, AI, AMRO Bank, Lloyds Banking Group, Digital, GMT, Authentication, Fintech, ABM, ING

LONDON, Feb. 27, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, today announced that Dr. Adam Lowe, Chief Product and Innovation Officer, will speak on a panel at Finovate Europe 2024 in London on February 28 at 9:40 am GMT.

Key Points: 
  • LONDON, Feb. 27, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, today announced that Dr. Adam Lowe, Chief Product and Innovation Officer, will speak on a panel at Finovate Europe 2024 in London on February 28 at 9:40 am GMT.
  • Finovate brings together financial institutions, fintech startups and industry experts to explore the latest trends and innovations in the financial technology sector.
  • The panel, titled " Power Panel: Finding New Opportunities Through Digital Transformation ," will discuss innovative approaches and embedded solutions to digital payment security that will help financial institutions grow and future-proof their business without changing customer behavior.
  • "Digital transformation is the single most significant trend in banking being fueled by the dramatic rise in cybersecurity threats and growing demand for convenient and secure digital services,” said Lowe.

Wolters Kluwer 2023 Full-Year Report

Retrieved on: 
Wednesday, February 21, 2024
Software, Depreciation, Artificial intelligence, Investment, Targets, Growth, Annual report, DRIP, Divestment, Share repurchase, Tax, Marketing, ABN, Data collection, Overalls, Disclosure, Treasury, World Games, Science Based Targets initiative, Income tax, EPS, Microsoft, Total, Dividend, Digital, ESG, Risk, Capital expenditure, Public expenditure, Science, GHG, Acquisition, Wolters Kluwer, AMRO Bank, Thumb, Policy, Full-time equivalent, Annual, FTE, Travel, Pharmaceutical industry

In 2023, Wolters Kluwer generated over 60% of its revenues and adjusted operating profit in North America.

Key Points: 
  • In 2023, Wolters Kluwer generated over 60% of its revenues and adjusted operating profit in North America.
  • Legal Regulatory: we expect full-year 2024 organic growth to be in line with prior year (FY 2023: 4%).
  • Wolters Kluwer uses its free cash flow to invest in the business organically and through acquisitions, to maintain optimal leverage, and to provide returns to shareholders.
  • Wolters Kluwer remains committed to a progressive dividend policy, under which we aim to increase the dividend per share in euros each year, independent of currency fluctuations.

Oppenheimer Further Expands Public Finance Banking Team with Appointments of Kristin Stephens and David Moffett

Retrieved on: 
Thursday, February 8, 2024
Build, Growth, ABN AMRO, Holocene, Head, History, Beth, Jefferies, PwC, AMRO Bank, Accenture, Quality of life, Space, ABN, Public finance, J. P. Morgan, Acquisition, Oppenheimer Holdings, BofA Securities, Bank, UBS, Executive officer, Management

NEW YORK, Feb. 8, 2024 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer) — a leading financial services firm and a subsidiary of Oppenheimer Holdings (NYSE: OPY) — announced today that Kristin Stephens and David Moffett have joined the Public Finance team as Managing Directors. Ms. Stephens will be based in New York and serve as Head of the Northeast Region while Mr. Moffett will work out of Atlanta and be Head of the Southeast Region. Each will report to Elizabeth (Beth) Coolidge, the newly appointed Head of Public Finance.

Key Points: 
  • Each will report to Elizabeth (Beth) Coolidge, the newly appointed Head of Public Finance.
  • "We are thrilled to have Kristin and David join our team," said Coolidge, who leads the Public Finance team from Chicago.
  • These appointments bolster Oppenheimer's Public Finance team, which includes approximately 25 professionals.
  • I am excited to join such a forward-thinking team and to help enhance Oppenheimer's Public Finance capabilities in the Southeast Region."

dsm-firmenich makes voluntary cash offer for DSM shares

Retrieved on: 
Monday, January 8, 2024
AMRO Bank, ABN AMRO, ABN, DSM, Enterprise, Euronext Amsterdam

KAISERAUGST, Switzerland and HEERLEN, Netherlands, Jan. 8, 2024 /PRNewswire/ -- DSM-Firmenich AG (the Company or dsm-firmenich) and DSM B.V. (DSM) today announce that the remaining holders of DSM ordinary shares will have the opportunity to sell their DSM ordinary shares to dsm-firmenich through the voluntary tender offer launched by dsm-firmenich today.

Key Points: 
  • KAISERAUGST, Switzerland and HEERLEN, Netherlands, Jan. 8, 2024 /PRNewswire/ -- DSM-Firmenich AG (the Company or dsm-firmenich) and DSM B.V. (DSM) today announce that the remaining holders of DSM ordinary shares will have the opportunity to sell their DSM ordinary shares to dsm-firmenich through the voluntary tender offer launched by dsm-firmenich today.
  • dsm-firmenich started a statutory buy-out procedure (the Buy-Out) on July 17, 2023 to acquire the remaining ordinary shares, about 3.9%, in DSM, previously Koninklijke DSM N.V. (the Shares).
  • The Company offers the remaining holders of the Shares the opportunity to sell their Shares at an offer price of €96.00 (the Offer Price).
  • Remaining holders of the Shares who have sold and transferred their Shares for acceptance in the Voluntary Tender Offer will receive the Offer Price for their sold Shares on February 13, 2024.

Hazeltree Appoints Steve King as US Director of Customer Success

Retrieved on: 
Thursday, December 14, 2023
Data Management, Professional Services, Other Technology, Technology, Asset Management, FINRA, UBS, Barings Bank, AMRO Bank, ABN, BNY, Customer success, Security (finance)

Hazeltree , the leading provider of treasury and liquidity management solutions for the alternative asset management industry, proudly announces the strategic appointment of Steve King as the U.S. Director of Customer Success.

Key Points: 
  • Hazeltree , the leading provider of treasury and liquidity management solutions for the alternative asset management industry, proudly announces the strategic appointment of Steve King as the U.S. Director of Customer Success.
  • With a career spanning nearly three decades, Steve King brings unparalleled expertise in margin and collateral technologies tailored specifically for the alternative asset management sector.
  • Steve's exceptional industry depth and extensive technical acumen make him an invaluable addition to the Hazeltree team.
  • “We are thrilled to welcome Steve to Hazeltree to help us sustain client service excellence and provide value as we continue to scale.”
    Steve will report to Ayman Sakr, Chief Customer Success Officer at Hazeltree.

McMILLAN CONSULTING ACQUIRES PRACTICE OF PAUL RAFANELLO CPA

Retrieved on: 
Wednesday, November 29, 2023
Acquisition, Risk management, ABN AMRO, Citibank, Business, Certified Public Accountant, JPMorgan Chase, Accounting, ABN, AMRO Bank, MBA, Region, Columbia University, Financial services

WARWICK, N.Y., Nov. 29, 2023 /PRNewswire/ -- McMillan Consulting LLC and Paul Rafanello CPA, today announced the combination of their leading Warwick-based firms, elevating McMillan Consulting as one of the area's most prominent accounting and financial consulting businesses.

Key Points: 
  • Combination of Premier Accounting and Financial Consulting Firms in Warwick, NY Provides Customer-First Services for Businesses and Individuals Across the Region
    WARWICK, N.Y., Nov. 29, 2023 /PRNewswire/ -- McMillan Consulting LLC and Paul Rafanello CPA, today announced the combination of their leading Warwick-based firms, elevating McMillan Consulting as one of the area's most prominent accounting and financial consulting businesses.
  • The acquisition of Paul Rafanello CPA by McMillan Consulting will provide clients of both firms access to counsel from Patricia McMillan, a Certified Public Accountant for more than 39 years and the President and CEO of McMillan Consulting, which provides tax preparation for individuals and businesses, and consulting in the areas of general finance, credit and debt, risk management and auditing.
  • Mr. Rafanello will work closely with Ms. McMillan during a transition period that ensures clients continue to receive uninterrupted service and will retire from active practice in 2024.
  • Prior to founding McMillan Consulting in Warwick in 2009, Ms. McMillan served in senior corporate roles at Citibank, JPMorgan Chase, and ABN AMRO Bank.

CFX Labs Closes $9.5 Million Seed Round to Continue the Rapid Transformation Of Global Payment Processing and Monetization

Retrieved on: 
Wednesday, November 15, 2023
Kraken, Sale, Entrepreneurship, Feeding America, CMT, ABN AMRO, ABN, Rite Aid, Movement, AMRO Bank, CFX, CVS, Walmart, PayPal, Cryptocurrency, Financial services, Walgreens

CHICAGO, Nov. 15, 2023 /PRNewswire/ -- CFX Labs, a future leader in the monetization of rapid and secure international payments markets currently operating a nationwide payment network, announced it has raised $9.5 million in seed funding. CFX Labs raised funds from a diverse array of strategic partners including Shima Capital, Decasonic, Antalpha, CMT Digital, Corazon Capital, Hard Yaka, Kraken Ventures, New Form Capital, Metropolitan Capital Bank & Trust amongst others in an oversubscribed round.

Key Points: 
  • More than one billion people globally rely on being able to make secure, fast and inexpensive domestic and international remittance transfers.
  • CFX Labs's funding round will provide resources to expand its network reach and continued development of innovative technologies supporting international payments.
  • CFX Labs' payment network stands to expand beyond remittances internationally between the Americas, to global international money transfer and remittances, a market valued in trillions of dollars.
  • CFX Labs partners with both emerging brands and established retail leaders to monetize the movement of money with a unique revenue share model.

Teleperformance SE: Final Results of the Offer for Majorel

Retrieved on: 
Friday, November 3, 2023
Consulting, Professional Services, Outsourcing Business, Disclosure, Electric Bond and Share Company v. Securities and Exchange Commission, Positive statement, Wet, Amendment, EUR, CET, PP, Euronext Amsterdam, ABN, AMRO Bank, Judgement, Euronext Paris, Cash, Market, Person, Bank statement, Position, Article, AMF, Digital, Paragraph, Financial market, Section 17 of the Canadian Charter of Rights and Freedoms, Failure, AFM, Security (finance), Cryptocurrency, Mobile phone, Share (finance), Majorel, Teleperformance, Onafhankelijke Post en Telecommunicatie Autoriteit

This press release does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities in Teleperformance or Majorel.

Key Points: 
  • This press release does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities in Teleperformance or Majorel.
  • A total of 78,984,447 Shares have been tendered against the Share Consideration during the Offer Period and the Post-Acceptance Period.
  • Teleperformance intends to offer the amount of the Cash Consideration (i.e., EUR 30 per Share) as part of these squeeze-out proceedings.
  • Reference is made to Section 6.13 (Consequences of the Offer for non-tendering Shareholders) of the Offer Memorandum.