ICD | Jotup

Parthenon Capital Sells Institutional Cash Distributors, a Leading Independent, Multi-Fund Investment Platform for Corporate Treasury Professionals, to Tradeweb Markets, Inc.

Retrieved on:

Tuesday, April 9, 2024

Finance, Professional Services, Technology, Fintech, Software, Risk management, Growth, Partnership, LLP, Capital, ICD, Investment, Treasury, Kirkland & Ellis, CO, Moelis & Company

Parthenon Capital, a leading growth-oriented private equity firm, announced today the signing of a definitive agreement to sell Institutional Cash Distributors, LLC (“ICD”), an institutional investment software and technology provider for corporate treasury organizations trading short-term investments, to Tradeweb Markets, Inc. (NASDAQ: TW).

Key Points:

Parthenon Capital, a leading growth-oriented private equity firm, announced today the signing of a definitive agreement to sell Institutional Cash Distributors, LLC (“ICD”), an institutional investment software and technology provider for corporate treasury organizations trading short-term investments, to Tradeweb Markets, Inc. (NASDAQ: TW).
Based in Golden, CO, the ICD portal services 500 corporate treasury clients (including nearly 20% of the S&P 100), across 65 industries and more than 45 countries.
Throughout the partnership, Parthenon Capital and management invested in the Company to build the market leading technology solution in corporate treasury liquidity and risk management.
“We are excited about our future with Tradeweb and our ability to continue providing innovative technology and exceptional service to our clients.

Tradeweb to Acquire ICD, a Leading Independent, Multi-Fund Investment Platform for Corporate Treasury Professionals

Retrieved on:

Monday, April 8, 2024

The company has a stable, growing and loyal client base, with 99% client retention and an exceptional net promoter score.

Key Points:

The company has a stable, growing and loyal client base, with 99% client retention and an exceptional net promoter score.
Portfolio Analytics is an AI-driven cloud solution for aggregating positions across a corporate treasury's entire portfolio for analysis and reporting.
Tradeweb CEO Billy Hult said: “ICD is an exceptional opportunity to acquire a leading investment platform for corporate treasurers, a fast-growing channel within fixed income markets and a strong strategic fit for Tradeweb.
As part of Tradeweb, ICD will also be positioned to drive the adoption of electronic trading for corporate treasurers.

Kyriba Announces First of Its Kind Innovation with Onyx by J.P. Morgan and Expands Global Partner Ecosystem

Retrieved on:

Monday, April 8, 2024

“Today, CFOs struggle with disconnected systems, ongoing liquidity uncertainty and limited visibility into the financial health of their business,” said Ara Gopal, Global Vice President, Partnerships & Alliances, Kyriba.

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“Today, CFOs struggle with disconnected systems, ongoing liquidity uncertainty and limited visibility into the financial health of their business,” said Ara Gopal, Global Vice President, Partnerships & Alliances, Kyriba.
“Kyriba is committed to cultivating the industry's strongest partner ecosystem and we are thrilled to be extending our innovation through our latest partnership with Workday and collaboration with Onyx.
This innovative cross-border payment solution is complemented by real-time payments and real-time bank reporting through the J.P. Morgan’s Global Payments API, available within the Kyriba Marketplace.
Partners such as Deloitte have made strategic investments in developing a global Kyriba network and are delivering the largest and most complex Kyriba implementations.

onsemi Aligns Business Groups to Expand Product Portfolio and Accelerate Growth

Retrieved on:

Tuesday, March 12, 2024

The group will be focused on expanding onsemi’s portfolio of industry-leading power management and sensor interface devices to unlock an additional $19.3 billion total addressable market and accelerate the company’s growth in the automotive, industrial and cloud-end markets.

Key Points:

The group will be focused on expanding onsemi’s portfolio of industry-leading power management and sensor interface devices to unlock an additional $19.3 billion total addressable market and accelerate the company’s growth in the automotive, industrial and cloud-end markets.
Additionally, Simon Keeton has been promoted to group president of the Power Solutions Group (PSG).
It positions onsemi to become a full suite provider of high efficiency power tree solutions with an expanded portfolio of gate drivers, DC-DC converters, multi-phase controllers, eFuses and more.
onsemi will publish its first quarter 2024 earnings based on the reorganized business segments and provide comparable historical data.

One Za'abeel achieves the Guinness World Records™ title for the 'Longest Cantilevered Building' in the world

Retrieved on:

Tuesday, March 26, 2024

Michelin, Link, Investment, ICD, Life, Senior, Guinness, Emirate, Engineering, GUINNESS, Hotel

The Link stretches an impressive 230 metres in length, dissecting One Za'abeel's skyscrapers 100 metres above the ground, while its record-breaking cantilever extends 67.277 metres beyond the development's main tower.

Key Points:

The Link stretches an impressive 230 metres in length, dissecting One Za'abeel's skyscrapers 100 metres above the ground, while its record-breaking cantilever extends 67.277 metres beyond the development's main tower.
Phase two saw the 900+ ton cantilevered structure lifted into place over four days.
Achieving the Guinness World Records™ title for the 'Longest Cantilevered Building' serves as a badge of recognition that we have successfully delivered on the promises we set for the development from the very beginning.
As we celebrate this remarkable achievement today, we look forward to the future filled with boundless opportunities that Dubai has to offer."

One Za'abeel achieves the Guinness World Records™ title for the 'Longest Cantilevered Building' in the world

Retrieved on:

Tuesday, March 26, 2024

Michelin, Link, Investment, ICD, Life, Senior, Guinness, Emirate, Engineering, GUINNESS, Hotel

The Link stretches an impressive 230 metres in length, dissecting One Za'abeel's skyscrapers 100 metres above the ground, while its record-breaking cantilever extends 67.277 metres beyond the development's main tower.

Key Points:

The Link stretches an impressive 230 metres in length, dissecting One Za'abeel's skyscrapers 100 metres above the ground, while its record-breaking cantilever extends 67.277 metres beyond the development's main tower.
Phase two saw the 900+ ton cantilevered structure lifted into place over four days.
Achieving the Guinness World Records™ title for the 'Longest Cantilevered Building' serves as a badge of recognition that we have successfully delivered on the promises we set for the development from the very beginning.
As we celebrate this remarkable achievement today, we look forward to the future filled with boundless opportunities that Dubai has to offer."

ICD 2024 Client Survey Shows Companies Grappling with Counterparty Concentration Risk

Retrieved on:

Wednesday, March 20, 2024

Intelligence, Risk, CDS, Credit Suisse, ICD, NYCB, Silicon, Investment, Treasury, New York Community Bank, Community Bank, Bank

According to the 2024 ICD Client Survey , which closed in February, 80% of respondents say they are highly or moderately concerned with bank failures, while 74% say they are concerned with counterparty concentration risk .

Key Points:

According to the 2024 ICD Client Survey , which closed in February, 80% of respondents say they are highly or moderately concerned with bank failures, while 74% say they are concerned with counterparty concentration risk .
Our cloud solution for portfolio analytics leverages AI to create a single data set of our clients' entire investment portfolio so they can effectively manage counterparty risk," Hazard says.
"ICD Portfolio Analytics reporting would have given practitioners actionable intelligence to mitigate counterparty exposure leading up to the March 2023 banking failures," Hazard says.
For further insights into corporate treasury's views on the short-term market and technology, read the 2024 ICD Client Survey report at icdportal.com/resources .

SAP SE Awarded Gold for Best Investment Solution, Using ICD Portal

Retrieved on:

Monday, March 11, 2024

Risk management, Risk, Bias, SAP, ICD, TPI, Treasury, Gold, API, TRM

GOLDEN, Colo., March 11, 2024 /PRNewswire/ -- The SAP Global Treasury Group clinched Gold in the 2023 TMI Corporate Recognition Awards for Best Investment Solution, integrating ICD Portal into its treasury management system to trade money market funds .

Key Points:

GOLDEN, Colo., March 11, 2024 /PRNewswire/ -- The SAP Global Treasury Group clinched Gold in the 2023 TMI Corporate Recognition Awards for Best Investment Solution, integrating ICD Portal into its treasury management system to trade money market funds .
Using SAP's Trading platform integration (TPI) for API integration with ICD Portal, the team created a seamless workflow for their own use, which is now available to all users of their SAP Treasury and Risk Management system, with a single sign-on.
The SAP TRM-ICD Portal integration creates a straight-through process, enabling treasury teams to eliminate multiple data entries and disrupted workflows.
"Congratulations is in order for the SAP Global Treasury Group whose rigorous integration of ICD Portal extends beyond their own organization to the treasury community at large," says ICD Global Head of Partnerships Justin Brimfield.

Provectus Biopharmaceuticals Announces Acceptance of Cancer Immunotherapy PV-10 Abstract for HNSCC at AACR 2024 Annual Meeting

Retrieved on:

Thursday, March 7, 2024

Head, Neck, Chung, Calreticulin, Vaccine, Immunogenic cell death, Endoplasmic reticulum, ICD, HMGB1, Reactive oxygen species, ATP, Poster, Autophagy, Research, Mouse, Abstract

The abstract, which was accepted for a poster presentation, is titled “ PV 10 induces endoplasmic reticulum stress and autophagy, triggering immunogenic cell death and anti-tumor immunity in head and neck squamous cell carcinoma ” (Abstract #6742, Topic Track: Immunology, Session: Vaccines, Antigens, and Antigen Presentation 2).

Key Points:

The abstract, which was accepted for a poster presentation, is titled “ PV 10 induces endoplasmic reticulum stress and autophagy, triggering immunogenic cell death and anti-tumor immunity in head and neck squamous cell carcinoma ” (Abstract #6742, Topic Track: Immunology, Session: Vaccines, Antigens, and Antigen Presentation 2).
According to Moffitt’s abstract, “…in vitro findings reveal that PV-10 induces cytotoxicity in both mEER and MTE-RAS cells.
Notably, PV-10 promotes a significant increase in [reactive oxygen species], leading to an elevation in late apoptotic cells.
At the molecular level, a remarkable activation of endoplasmic reticulum (ER) stress, pro-apoptotic protein, and autophagy markers were observed.

TMX Group Opens the Market

Retrieved on:

Friday, March 8, 2024

Parity, GTAA, Bell, Capital market, Multimedia, TSX, Toronto Stock Exchange, WCM, Social, ICD, Wig, Gender equality, World government, Corporation, International Women's Day

International Women's Day is a global day celebrating the social, economic, cultural and political achievements of women.

Key Points:

International Women's Day is a global day celebrating the social, economic, cultural and political achievements of women.
The day also marks a call to action for accelerating gender parity.
Significant activity is witnessed worldwide as groups come together to celebrate women's achievements or rally for women's equality.
Marked annually on March 8th, International Women's Day is one of the most important days of the year to celebrate women's achievements, raise awareness about women's equality, lobby for accelerated gender parity, and fundraise for female-focused charities.