STP

LifeQuest’s Wholly Owned Subsidiary Receives an Order for a 30m3/Day (7,900 Gallons/Day) Sewage Wastewater Treatment Plant From a Hospital in India

Retrieved on: 
Thursday, April 4, 2024

Through its wholly owned subsidiary, BioPipe India Private Limited, the Company is concurrently pursuing both industrial (ETP) and sewage wastewater treatment (STP) markets.

Key Points: 
  • Through its wholly owned subsidiary, BioPipe India Private Limited, the Company is concurrently pursuing both industrial (ETP) and sewage wastewater treatment (STP) markets.
  • Prathamesh Jadhav, the COO of BioPipe India Private Limited, stated that “BioPipe has secured an order from a hospital.
  • India is beginning to adopt decentralized sewage treatment systems and over the last 3 years we have been working to establish a foothold in the decentralized wastewater treatment market for hospitals.
  • BioPipe systems is the best suited sewage treatment plant for hospitals in urban settings where onsite treatment is the only option.”

The McWhorter Foundation To Call On Sequoia Capital and Industry Leaders Alongside C.K. McWhorter For Support In Further Diversifying Tech Entrepreneurship

Retrieved on: 
Tuesday, April 2, 2024

SILICON VALLEY, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- The McWhorter Foundation announces it will call on Sequoia Capital in support of further diversifying tech entrepreneurship.

Key Points: 
  • SILICON VALLEY, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- The McWhorter Foundation announces it will call on Sequoia Capital in support of further diversifying tech entrepreneurship.
  • Research underscores that startups led by Black entrepreneurs face more significant challenges, including securing external capital, particularly external debt.
  • Similarly, women in tech, especially those from underrepresented backgrounds, encounter severe limitations in securing venture capital, crucial for rapid business growth despite representing a significant portion of U.S.-owned businesses.
  • McWhorter Foundation has not registered with the U.S. Securities and Exchange Commission (SEC) and may operate under exemptions.

CorTalent and KeyStone Executive Search Merge to Launch Strategic Talent Partners

Retrieved on: 
Monday, April 8, 2024

MINNEAPOLIS, April 8, 2024 /PRNewswire-PRWeb/ -- Owner & CEO of Keystone Executive Search, Mike Frommelt, and Owner & CEO of CorTalent, Mary Nutting, announce the merger of their companies effective April 1, 2024 under a new brand name – Strategic Talent Partners (STP).

Key Points: 
  • MINNEAPOLIS, April 8, 2024 /PRNewswire-PRWeb/ -- Owner & CEO of Keystone Executive Search, Mike Frommelt, and Owner & CEO of CorTalent, Mary Nutting, announce the merger of their companies effective April 1, 2024 under a new brand name – Strategic Talent Partners (STP).
  • Strategic Talent Partners is a North American boutique executive search and leadership solutions firm that specializes in partnering with privately held and employee owned companies to maximize business growth through their leadership talent.
  • With decades of experience working with ESOP companies, companies running on EOS®, and privately held companies, Strategic Talent Partners offers the highest level of strategic people planning and advisory services.
  • The company's name, Strategic Talent Partners, reflects the team's mission to partner with growing companies to help them with their strategic talent needs.

Alight Announces New Integration of Leaves With Other Benefits

Retrieved on: 
Thursday, March 14, 2024

As a part of its holistic strategy, Alight recently integrated leave management into the Alight Worklife® platform.

Key Points: 
  • As a part of its holistic strategy, Alight recently integrated leave management into the Alight Worklife® platform.
  • This integration offers a unified experience for employees, empowering them to more easily initiate leave of absence claims, assess eligibility, track claim status, explore leave options, and access disability-related information.
  • SmartSTART streamlines claim intake for leaves of absence by asking questions based on the condition and reason for leave.
  • This capability increases the speed at which decisions for common leaves of absence, such as maternity and certain routine surgeries, are approved and completed.

Sutherland and Vaultedge partner to develop innovative digitization & automation solutions for end to end mortgage lifecycle

Retrieved on: 
Monday, April 1, 2024

DALLAS, March 31, 2024 /PRNewswire-PRWeb/ -- Sutherland, a leading digital transformation technology and services company that drives experience-led transformation for global leaders across industries, has entered into a partnership with Vaultedge Software, an AI driven document automation platform that simplifies mortgage processing for lenders & servicers.

Key Points: 
  • The partnership will deliver full lifecycle mortgage operation solutions to help lenders, banks & credit unions drive their transformation & optimization agenda.
  • Sutherland's end-to-end AI-based digital ecosystem will integrate with Vaultedge's AI driven Document Automation solution for turnkey digitization of mortgage operations across banks, lenders, credit unions & servicers.
  • Vaultedge's Murali Tirupati, Chief Executive Officer, says: "At Vaultedge, our mission is to provide the best Document AI & Automation solutions to the BFSI industries.
  • With Vaultedge's AI solutions combined with Sutherland's process and domain expertise - we are now able to offer the best end-to-end solutions to our mortgage & banking clients."

SS&C Unveils T+1 Readiness Scorecard

Retrieved on: 
Monday, March 11, 2024

WINDSOR, Conn. , March 11, 2024 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced the rollout of its comprehensive T+1 preparedness scorecard. Leveraging data from top industry utilities, SS&C's tool enables clients to assess whether their post-trade settlement processes align with current market practices. The in-depth scorecard delivers insight into possible bottlenecks and post-trade areas clients may need to improve for T+1 compliance in May 2024.

Key Points: 
  • WINDSOR, Conn. , March 11, 2024 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced the rollout of its comprehensive T+1 preparedness scorecard.
  • The in-depth scorecard delivers insight into possible bottlenecks and post-trade areas clients may need to improve for T+1 compliance in May 2024.
  • "SS&C's T+1 scorecard helped us assess our processes and come up with ways to improve them," said Jason Roslin, Head of Operations at Taconic Capital.
  • "As part of SS&C's Trade Matching and Settlement Solution, the T+1 scorecard offers clients a useful way to benchmark their post-trade processes against the industry.

Constellation Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, February 27, 2024

Our GAAP Net Loss for the fourth quarter of 2023 was ($36) million, down from $34 million GAAP Net Income in the fourth quarter of 2022.

Key Points: 
  • Our GAAP Net Loss for the fourth quarter of 2023 was ($36) million, down from $34 million GAAP Net Income in the fourth quarter of 2022.
  • Adjusted EBITDA (non-GAAP) for the fourth quarter of 2023 increased to $1,137 million from $605 million in the fourth quarter of 2022.
  • There were seven non-refueling outage days in the fourth quarter of 2023 and three in the fourth quarter of 2022.
  • Energy capture for the wind and solar fleet was 96.3% in the fourth quarter of 2023, compared with 96.7%1 in the fourth quarter of 2022.

Security Bank drives digital transformation of wealth management business with Avaloq

Retrieved on: 
Wednesday, February 28, 2024

Since launching its Wealth Management business in 2017, the bank has grown its wealth management assets under management by a CAGR of 44% and has expanded its client base by a CAGR of 40%.

Key Points: 
  • Since launching its Wealth Management business in 2017, the bank has grown its wealth management assets under management by a CAGR of 44% and has expanded its client base by a CAGR of 40%.
  • Arnold Bengco, Financial Markets Head at Security Bank, said: "The bank's strategic partnership with Avaloq will strengthen our wealth management capabilities even further.
  • With Avaloq's specialized wealth management platform and RM Workplace solution, we can further expand our wealth management business to help individuals and businesses in the region grow and preserve their wealth.
  • We are proud to work closely with Security Bank to support the growth of the Philippines' wealth management sector."

RegEd Launches Producer Management and Licensing Automation Technology Bundle for Midsized Insurers and Distributors

Retrieved on: 
Thursday, February 15, 2024

Core package and add-on options span the most advanced licensing and producer management capabilities in the industry:

Key Points: 
  • Core package and add-on options span the most advanced licensing and producer management capabilities in the industry:
    Insurance Licensing Automation: Streamline and automate the insurance licensing process, significantly reducing manual effort and enhancing compliance efficiency.
  • Producer Data Reconciliation: Automatically reconcile producer data accurately across regulatory and internal systems, eliminating outdated information and reducing risk.
  • Producer Onboarding: Deliver a fully digital and automated producer onboarding experience, boosting new producer satisfaction and driving speed to market.
  • With this launch, RegEd reaffirms its commitment to providing innovative, scalable solutions that address the evolving compliance needs of insurers, their distributors and other financial services firms.

Digicel goes live with the BroadForward Diameter Router

Retrieved on: 
Wednesday, February 14, 2024

AMERSFOORT, The Netherlands, Feb. 13, 2024 /PRNewswire/ -- Digital Operator Digicel today announced it now has gone live with the BroadForward Diameter Routing Agent (DRA). The BroadForward DRA has replaced the legacy DRA systems while the BroadForward STP earlier replaced the IP Transfer Point (ITP) systems that were in use at 26 of Digicel's markets in the Caribbean and Central America. At the heart of the Digicel network, the BroadForward DRA provides intelligent routing and interworking of Diameter signaling traffic between multi-vendor network nodes.

Key Points: 
  • Digicel has deployed both the BroadForward STP and DRA, enabling 3G and 4G routing from a common converged signaling solution , capable of also carrying future 5G signaling traffic
    AMERSFOORT, The Netherlands, Feb. 13, 2024 /PRNewswire/ -- Digital Operator Digicel today announced it now has gone live with the BroadForward Diameter Routing Agent (DRA).
  • The BroadForward DRA has replaced the legacy DRA systems while the BroadForward STP earlier replaced the IP Transfer Point (ITP) systems that were in use at 26 of Digicel's markets in the Caribbean and Central America.
  • At the heart of the Digicel network, the BroadForward DRA provides intelligent routing and interworking of Diameter signaling traffic between multi-vendor network nodes.
  • Each deployed product therefore can call upon on-board support for protocols such as Diameter, SS7, SIP, ENUM, RADIUS, and HTTP/2.