NatWest

NatWest Invests in Icon Solutions Reinforcing Commitment to Payments Modernisation

Retrieved on: 
Thursday, March 14, 2024

NatWest has announced a strategic minority investment in Icon Solutions, a leading fintech provider of payments technology and consultancy services.

Key Points: 
  • NatWest has announced a strategic minority investment in Icon Solutions, a leading fintech provider of payments technology and consultancy services.
  • The investment follows the news last September that NatWest selected Icon Solutions Payments Framework (IPF) to accelerate the bank’s payments modernisation.
  • Mark Brant, Chief Payments Officer at NatWest comments:
    “Our relationship with Icon Solutions has already helped us to bring our payments estate to life.
  • “Overcoming vendor lock in and powering in-house builds with the Icon Payments Framework (IPF), NatWest can now drive change from within.

Congratulations to NatWest for Winning the Celent Model Risk Manager Award of the Year

Retrieved on: 
Thursday, March 21, 2024

LONDON, March 21, 2024 /PRNewswire/ -- NatWest Group, the UK's largest business bank, has been honored with the Celent Model Risk Manager Award of the Year for its successful initiative to simplify and automate change and risk governance processes. This award recognizes the company's ability to reduce multiple assessment cycle times using patterns of governance. One example being product governance, which has fallen from 4.5 days to less than 20 minutes, marking a key milestone in their 'moonshot' goal of reducing cycle time from 73 days to 73 minutes.

Key Points: 
  • LONDON, March 21, 2024 /PRNewswire/ -- NatWest Group, the UK's largest business bank, has been honored with the Celent Model Risk Manager Award of the Year for its successful initiative to simplify and automate change and risk governance processes.
  • This award recognizes the company's ability to reduce multiple assessment cycle times using patterns of governance.
  • UK's largest business bank won the Celent Risk Manager Award for transforming risk and change governance processes.
  • "NatWest's exemplary approach showcases a commitment to process excellence and operational efficiency," said Ian Watson, Head of Risk Research at Celent.

Congratulations to NatWest for Winning the Celent Model Risk Manager Award of the Year

Retrieved on: 
Thursday, March 21, 2024

LONDON, March 21, 2024 /PRNewswire/ -- NatWest Group, the UK's largest business bank, has been honoured with the Celent Model Risk Manager Award of the Year for its successful initiative to simplify and automate change and risk governance processes. This award recognises the company's ability to reduce multiple assessment cycle times using patterns of governance. One example being product governance, which has fallen from 4.5 days to less than 20 minutes, marking a key milestone in their 'moonshot' goal of reducing cycle time from 73 days to 73 minutes.

Key Points: 
  • LONDON, March 21, 2024 /PRNewswire/ -- NatWest Group, the UK's largest business bank, has been honoured with the Celent Model Risk Manager Award of the Year for its successful initiative to simplify and automate change and risk governance processes.
  • This award recognises the company's ability to reduce multiple assessment cycle times using patterns of governance.
  • "NatWest's exemplary approach showcases a commitment to process excellence and operational efficiency," said Ian Watson, Head of Risk Research at Celent.
  • Learn how NatWest is boosting productivity, reducing risk, and improving the customer experience here .

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

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.

Lightsource bp Completes $348 Million Financing Package for Two Utility-Scale Solar Projects in Texas

Retrieved on: 
Wednesday, February 21, 2024

This financing marked Societe Generale’s sixth transaction supporting Lightsource bp’s renewable energy projects in the USA.

Key Points: 
  • This financing marked Societe Generale’s sixth transaction supporting Lightsource bp’s renewable energy projects in the USA.
  • This financing marked ING’s fifth transaction supporting Lightsource bp’s renewable energy projects in the USA.
  • This financing marked Lloyds Bank’s third transaction supporting Lightsource bp’s renewable energy projects in the USA.
  • Lightsource bp currently operates three solar projects in Texas: 260MW Impact, 163MW Elm Branch and 153MW Briar Creek Solar.

CODE Staffing Adds Three Members to its Board of Advisors

Retrieved on: 
Thursday, March 7, 2024

Prior to his current role he served as Chief Operating Officer for a publicly traded reseller of wireless services.

Key Points: 
  • Prior to his current role he served as Chief Operating Officer for a publicly traded reseller of wireless services.
  • "This is an extremely strong group of advisors who will help CODE Staffing in our efforts to transform the contingent staffing industry," Griver said.
  • CODE Staffing is the IT contingent staffing arm of Houston-based The CODE Group, which was established in 1993 by Markus Egger and has grown its service offerings from publishing and distributing one of the longest-running, global software magazines (CODE Magazine), to completing multi-million-dollar projects with its CODE Consulting and CODE Training.
  • CODE Staffing provides professional software developers at a client's workplace or remotely to augment their software development team and help staff projects of any size.

Digital Twin Consortium Announces Thynkli Regional Branch Organizers for Saudi Arabia

Retrieved on: 
Thursday, February 1, 2024

BOSTON, MA, Feb. 01, 2024 (GLOBE NEWSWIRE) -- The Digital Twin Consortium ® (DTC) today announced an agreement with Thynkli to be the Regional Branch Organizer (RBO) for Saudi Arabia.

Key Points: 
  • BOSTON, MA, Feb. 01, 2024 (GLOBE NEWSWIRE) -- The Digital Twin Consortium ® (DTC) today announced an agreement with Thynkli to be the Regional Branch Organizer (RBO) for Saudi Arabia.
  • As an RBO, Thynkli will facilitate and drive local DTC engagements and activities with regional industry, government, and academic institutions on behalf of the consortium throughout Saudi Arabia.
  • “We are excited to have Thynkli as the RBO for Saudi Arabia,” said Dan Isaacs, GM and CTO, Digital Twin Consortium.
  • “Our mission is to build a collaborative Digital Twin ecosystem with Industry, Government & Academia.”
    RBOs drive awareness and adoption of digital twins, developing and implementing use cases throughout the digital twin lifecycle.

Digital Twin Consortium Announces Ambassador Program

Retrieved on: 
Wednesday, January 31, 2024

His areas of expertise include data center development, automotive and transportation management in addition to digital transformation, digital twin architectures, and sustainable digital twins.

Key Points: 
  • His areas of expertise include data center development, automotive and transportation management in addition to digital transformation, digital twin architectures, and sustainable digital twins.
  • His areas of expertise include digital transformation methodology, composability framework, operationalizing intelligent digital twins, and generative AI digital twins.
  • Dr. Carlos Toro, Head of Data and Analytics (Chile) at NTT DATA, Digital Twin Coordinator LATAM (Global Innovation Center).
  • His areas of expertise include transition to platform-defined manufacturing and packaging, Digital Twin modeling for Green Transition and Green Bonds quantitative review.

NatWest Group Digital Transformation Strategy Analysis Report 2023: Accelerators, Incubators, and Other Innovation Programs - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 10, 2024

The "NatWest Group - Digital Transformation Strategies" company profile has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "NatWest Group - Digital Transformation Strategies" company profile has been added to ResearchAndMarkets.com's offering.
  • This report provides insight into NatWest's fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts.
  • NatWest Group Plc (NatWest) is a provider of personal and commercial banking, and other financial solutions through two major subsidiaries: The Royal Bank of Scotland and NatWest.
  • NatWest is transforming its business model to meet customers' digital expectations and deliver innovative products and services by leveraging emerging technologies.

Pacific Green Concludes 2023 with Huge Growth in its Battery Energy Parks Business

Retrieved on: 
Thursday, December 14, 2023

Dover, DE, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Pacific Green Technologies, Inc. ("Pacific Green", OTCQB: PGTK) is celebrating a year of significant progress in its mission to build a global pipeline of grid-scale Battery Energy Storage Systems (BESS).

Key Points: 
  • Dover, DE, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Pacific Green Technologies, Inc. ("Pacific Green", OTCQB: PGTK) is celebrating a year of significant progress in its mission to build a global pipeline of grid-scale Battery Energy Storage Systems (BESS).
  • In June, Pacific Green completed the sale of 99.8 MW / 99.8 MWh Richborough to energy transition fund Sosteneo for an enterprise value of £74 million (US$93 million).
  • In Italy, Pacific Green acquired 51% of the shares in five 100 MW battery energy parks from energy originator, Sphera Energy, with the balance of shares to be acquired upon the achievement of certain milestones by Sphera.
  • Scott Poulter, Pacific Green’s Chief Executive, said: “2023 has been a pivotal year for Pacific Green as we take huge steps to become a major global player in the battery energy storage market.