STP | Jotup

Auto Insurers Taking AI Broader, Deeper Across Claims in 2022

Retrieved on:

Tuesday, February 21, 2023

Software, Insurance, Automotive, Artificial Intelligence, Data Management, Professional Services, Technology, General Automotive, CCC, AI, Growth, Ecosystem, Deep learning, Software as a service, P&C, STP, Copper

The company reports the application of advanced computer vision AI for claims processing increased 60 percent year-over-year.

Key Points:

The company reports the application of advanced computer vision AI for claims processing increased 60 percent year-over-year.
The company also reports that more than 14 million unique claims have now been processed using a CCC AI solution, growing 3X since before the pandemic in 2019.
In addition to more claims using AI, the data show a deepening penetration of multiple different AI solutions being applied per claim.
In fact, CCC reports the number of claims using four or more of its advanced AI applications also grew 2X year-over-year.

LexisNexis Risk Solutions True Impact of Failed Payments Report Reveals 70% of Corporations and Financial Institutions are Frustrated with Their Payment Failure Rate

Retrieved on:

Wednesday, February 22, 2023

Labour, Automation, Human, LexisNexis Risk Solutions, Acceleration, Safety, The True Cost, Straight-through processing, Workforce, Friction, Key finding attacks, Failure, STP, LATAM, Bank, Online shopping

ATLANTA, Feb. 22, 2023 /PRNewswire/ -- LexisNexis® Risk Solutions today released the results of its True Impact of Failed Payments Report, a snapshot of cross-border payments performance on a global scale. The report assesses insights collected from 400 payment executives representing leading corporations and financial institutions across the APAC, EMEA, LATAM and North America regions.

Key Points:

The report assesses insights collected from 400 payment executives representing leading corporations and financial institutions across the APAC, EMEA, LATAM and North America regions.
The costs associated with failure or delay only compounds these issues, with an average per payment fee of U.S. $12.10 for rejected or repaired payments.
The True Cost of Failed Payments study was independently conducted in the fall of 2022 by Capgemini Invent® on behalf of LexisNexis® Risk Solutions.
The study surveyed 400 decision-makers representing leading corporations, financial institutions, banks and non-financial corporations across the APAC, EMEA, LATAM and North America regions.

MBS Source to Attend and Exhibit at SFVegas 2023

Retrieved on:

Tuesday, February 21, 2023

Aria Resort and Casino, Straight-through processing, Conference, STP, Accounting, Cryptocurrency

LAS VEGAS, Feb. 21, 2023 /PRNewswire/ -- MBS Source is pleased to announce that it will attend and exhibit at SFVegas 2023, the world's largest capital markets conference.

Key Points:

LAS VEGAS, Feb. 21, 2023 /PRNewswire/ -- MBS Source is pleased to announce that it will attend and exhibit at SFVegas 2023, the world's largest capital markets conference.
As the premier electronic trading solution for securitized products, MBS Source looks forward to showcasing its platform at SFVegas 2023.
MBS Source also offers Straight Through Processing (STP) capabilities that simplify workflows to reduce operational costs associated with manual tasks.
For more information about SFVegas 2023, please click here .

Origami Risk Expands Online Environmental and Chemical Safety and Compliance Tools for EHS Professionals

Retrieved on:

Tuesday, February 14, 2023

Origami Risk, the industry-leading risk, safety and insurance Software as a Service (SaaS) technology firm, today announced the expansion of online environmental and chemical offerings to help environmental, health and safety (EHS) leaders remain compliant with evolving regulations, reinforce safety and reduce hazards.

Key Points:

Origami Risk, the industry-leading risk, safety and insurance Software as a Service (SaaS) technology firm, today announced the expansion of online environmental and chemical offerings to help environmental, health and safety (EHS) leaders remain compliant with evolving regulations, reinforce safety and reduce hazards.
“Along with ongoing imperatives to maintain or enhance safety, reduce risks, drive efficiency, support productivity, and achieve operational excellence, EHS professionals face an evolving and increasingly complex regulatory framework — especially with regard to environmental and chemical management,” said Sean Salvas, senior market strategy lead-EHS at Origami Risk.
“In collaboration with our EHS clients, we have developed a variety of tools that enable EHS professionals to facilitate environmental and chemical safety and manage compliance with greater precision, speed, efficiency and transparency.”
Specifically, Origami’s chemical and environmental tools support EHS professionals in the following areas:
Environmental permits.
Centralized digital management of environmental permits enable EHS teams to ensure environmental regulatory compliance, avoid shutdowns, fines, and reputational damage.

KalVista Pharmaceuticals Presents Data at Western Society of Allergy, Asthma & Immunology (WSAAI) 60th Annual Scientific Session

Retrieved on:

Tuesday, February 7, 2023

KalVista Pharmaceuticals, Inc. (NASDAQ: KALV), a clinical stage pharmaceutical company focused on the discovery, development, and commercialization of oral, small molecule protease inhibitors, today presented three posters at the Western Society of Allergy, Asthma & Immunology 60th Annual Scientific Session in Kona, HI.

Key Points:

KalVista Pharmaceuticals, Inc. (NASDAQ: KALV), a clinical stage pharmaceutical company focused on the discovery, development, and commercialization of oral, small molecule protease inhibitors, today presented three posters at the Western Society of Allergy, Asthma & Immunology 60th Annual Scientific Session in Kona, HI.
The first highlighted that KONFIDENT-S (NCT05505916) is a prospective trial to evaluate the effectiveness and safety of sebetralstat, an investigational oral plasma kallikrein inhibitor, for short-term prophylaxis (STP).
The second reported phase 1 data evaluated the pharmacokinetic and pharmacodynamic parameters of sebetralstat in Japanese adults.
These positive Phase 1 data support the expansion of the KONFIDENT (NCT05259917) phase 3 trial to Japan.

Octaura Completes First Fully Electronic Syndicated Loan Trades

Retrieved on:

Wednesday, February 1, 2023

Octaura, the electronic trading platform for syndicated loans, announced the successful execution of their initial syndicated loan trades.

Key Points:

Octaura, the electronic trading platform for syndicated loans, announced the successful execution of their initial syndicated loan trades.
Upon the success of the initial syndicated loan trades, the company will move forward with releasing its beta version for loan trading sessions prior to official launch.
“We created Octaura to improve participant efficiency, liquidity and transparency by modernizing the way syndicated loans are traded,” said Octaura CEO, Brian Bejile.
We look forward to continuing to work with Octaura and our clients in transforming the leveraged finance ecosystem.”

Mizuho Bank Modernizes Core Banking Operations with Oracle

Retrieved on:

Thursday, February 2, 2023

Cloud, Oracle Financial Services Software, Mizuho Financial Group, Mizuho Bank, ERP, Risk, STP, Asset management, Cryptocurrency, Oracle

TOKYO and AUSTIN, Texas, Feb. 2, 2023 /PRNewswire/ -- Mizuho Bank, Ltd., the integrated retail and corporate banking unit of Mizuho Financial Group and one of Japan's largest financial services institutions, is modernizing its legacy banking system for international operations with Oracle. Over the coming years, Mizuho will implement Oracle's banking solutions to support critical functions, including direct deposit accounts and liquidity management, at its operations in major overseas offices. The roll-out began with the successful replacement of Mizuho's legacy banking system at its New York offices.

Key Points:

After a successful implementation in New York, the Japanese banking giant continues its phased roll-out of Oracle's banking solutions
TOKYO and AUSTIN, Texas, Feb. 2, 2023 /PRNewswire/ -- Mizuho Bank, Ltd., the integrated retail and corporate banking unit of Mizuho Financial Group and one of Japan's largest financial services institutions, is modernizing its legacy banking system for international operations with Oracle.
Over the coming years, Mizuho will implement Oracle's banking solutions to support critical functions, including direct deposit accounts and liquidity management, at its operations in major overseas offices.
Oracle's solutions are allowing Mizuho to enjoy the benefits of real-time processing support, a high level of STP for deposit operations and cash management services, and integrated postings between branches and subsidiaries for core banking operations.
In addition to its use of Oracle FLEXCUBE and Oracle Banking Liquidity Management , Mizuho Bank also recently went live on Oracle Fusion Cloud Enterprise Resource Planning (ERP) to support financial processes in its NY accounting department.

Leopard Imaging, Axonne, and Amphenol to Showcase Multi - Gigabit Automotive Ethernet Camera Development Module at DesignCon 2023

Retrieved on:

Wednesday, January 25, 2023

Amphenol, Booth, Imaging, ISP, Automotive industry, Computer, ADAS, STP, Silicon, Santa Clara Convention Center, Satellite navigation device

(Leopard Imaging), a global leader in intelligent embedded camera design and manufacturing, is collaborating with Axonne Inc .

Key Points:

(Leopard Imaging), a global leader in intelligent embedded camera design and manufacturing, is collaborating with Axonne Inc .
The three companies will showcase the world's first multi-gigabit automotive ethernet camera development module at DesignCon 2023 during January 31st - February 2nd at Santa Clara Convention Center, California.
With the world's first multi-gigabit automotive ethernet camera development module, Leopard Imaging, Axonne, and Amphenol successfully provide automotive customers with a secure and versatile high-speed in-vehicle network solution to meet the emerging needs of in-vehicle networking technology.
The multi-gigabit automotive ethernet camera development module demo will be shown at Booth 833, Santa Clara Convention Center, January 31th - February 2nd.

Broadridge Extends Digital Wealth Platform Partnership with IGM Financial

Retrieved on:

Wednesday, January 18, 2023

Family, TSX, NYSE, IGM, IIROC, Partnership, IG, STP, Financial adviser, Broadridge Financial Solutions, Financial technology

NEW YORK and TORONTO, Jan. 18, 2023 /PRNewswire/ -- As the wealth management industry furthers its digital transformation journey, global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE: BR), today announced IG Wealth Management ("IG"), part of the IGM Financial Inc. (IGM) (TSX: IGM) family of companies, has signed a multi-year contract extension to IG's use of Broadridge's R.Broker solution, a component of the Broadridge Wealth Platform.

Key Points:

NEW YORK and TORONTO, Jan. 18, 2023 /PRNewswire/ -- As the wealth management industry furthers its digital transformation journey, global Fintech leader, Broadridge Financial Solutions , Inc. (NYSE: BR), today announced IG Wealth Management ("IG"), part of the IGM Financial Inc. (IGM) (TSX: IGM) family of companies, has signed a multi-year contract extension to IG's use of Broadridge's R.Broker solution, a component of the Broadridge Wealth Platform.
"Building on a successful five-year partnership, Broadridge is thrilled to expand our relationship with a company that shares our commitment to digital transformation," said Karin Yorfido, General Manager, Global Technology and Operations Canada, at Broadridge.
IG is well positioned to continue to grow its business with the continuous wealth innovation provided through the Broadridge solution."
With a flexible, scalable platform powered by an aggregated data layer, the Broadridge Wealth Platform is an open, component-based ecosystem designed to help firms drive innovation, perform more effectively at scale and deliver a digital, modernized client and advisor experience.

Origami Risk Recognized as an Innovator for EHS Software by Independent Analyst Firm

Retrieved on:

Monday, January 9, 2023

Origami Risk, the industry-leading risk, safety and insurance Software as a Service (SaaS) technology firm, has been profiled in the highly selective 2023 Green Quadrant report of the 23 most prominent environmental, health and safety (EHS) technology providers issued by Verdantix.

Key Points:

Origami Risk, the industry-leading risk, safety and insurance Software as a Service (SaaS) technology firm, has been profiled in the highly selective 2023 Green Quadrant report of the 23 most prominent environmental, health and safety (EHS) technology providers issued by Verdantix.
Among fewer than two dozen EHS vendors qualifying to be profiled in the new report, Origami was the only firm designated in the “innovator” quadrant based on its single platform for risk management; governance, risk and compliance (GRC); EHS, and healthcare risk management.
Origami offers an extensive suite of digital EHS solutions available on a highly configurable, fully integrated web and mobile platform.
To view Origami’s profile in the Verdantix 2023 Green Quadrant Report, visit: https://www.verdantix.com/report/environment-health-safety/green-quadran...