World Finance Corporation

Turkish Airlines named 'Most Sustainable Flag Carrier Airline' in World Finance Awards for the second consecutive year

Retrieved on:

Monday, July 3, 2023

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LONDON, July 3, 2023 /PRNewswire/ -- The climate crisis presents great challenges for the aviation industry, and as the global face of Türkiye, Turkish Airlines continues to take great steps in combating climate change.

Key Points:

Turkish Airlines, which was crowned as the 'Most Sustainable Flag Carrier Airline' in World Finance's Sustainability Awards 2023 , won the same award last year as well.
Turkish Airlines Chairman of the Board and Executive Committee Prof. Dr. Ahmet Bolat said within the exclusive World Finance article , "Turkish Airlines has set a goal to be one of the top three airlines in the world in terms of digitisation within three years as part of its strategic plan.
In 2022 alone, Turkish Airlines saved 57,581 tonnes of fuel, equivalent to a reduction of 181,379 tonnes of greenhouse gases.
To find out more about Turkish Airlines' sustainable operations, pick up the Summer 2023 edition of World Finance magazine , available in print, on tablet and online.

Turkish Airlines named 'Most Sustainable Flag Carrier Airline' in World Finance Awards for the second consecutive year

Retrieved on:

Monday, July 3, 2023

LONDON, July 3, 2023 /PRNewswire/ -- The climate crisis presents great challenges for the aviation industry, and as the global face of Türkiye, Turkish Airlines continues to take great steps in combating climate change.

Key Points:

Turkish Airlines, which was crowned as the 'Most Sustainable Flag Carrier Airline' in World Finance's Sustainability Awards 2023 , won the same award last year as well.
Turkish Airlines Chairman of the Board and Executive Committee Prof. Dr. Ahmet Bolat said within the exclusive World Finance article , "Turkish Airlines has set a goal to be one of the top three airlines in the world in terms of digitisation within three years as part of its strategic plan.
In 2022 alone, Turkish Airlines saved 57,581 tonnes of fuel, equivalent to a reduction of 181,379 tonnes of greenhouse gases.
To find out more about Turkish Airlines' sustainable operations, pick up the Summer 2023 edition of World Finance magazine , available in print, on tablet and online.

Dubai Electricity & Water Authority highlights the city's sustainability plans in an interview with World Finance

Retrieved on:

Wednesday, March 8, 2023

LONDON, March 8, 2023 /PRNewswire/ -- Dubai Electricity & Water Authority (DEWA) PJSC – the exclusive electricity and water utility provider for the Emirate of Dubai, the UAE which is listed on the Dubai Financial Market (DFM) – has outlined a series of initiatives to help Dubai achieve net-zero carbon emissions by 2050, including the largest solar park in the world.

Key Points:

"One of our biggest projects to help us achieve 100 percent clean energy by 2050 is the Mohammed bin Rashid Al Maktoum Solar Park," he said.
By 2030 it will have a production capacity of 5,000 megawatts, using photovoltaic solar panels and concentrated solar power technologies."
Dubai saw a 21 percent reduction in CO2 emissions by the end of 2021, exceeding a target of 16 percent.
DEWA's efforts saw the company receive the World Finance award for Best ESG Strategy in the UAE for 2022.

Dubai Electricity & Water Authority highlights the city's sustainability plans in an interview with World Finance

Retrieved on:

Wednesday, March 8, 2023

LONDON, March 8, 2023 /PRNewswire/ -- Dubai Electricity & Water Authority (DEWA) PJSC – the exclusive electricity and water utility provider for the Emirate of Dubai, the UAE which is listed on the Dubai Financial Market (DFM) – has outlined a series of initiatives to help Dubai achieve net-zero carbon emissions by 2050, including the largest solar park in the world.

Key Points:

"One of our biggest projects to help us achieve 100 percent clean energy by 2050 is the Mohammed bin Rashid Al Maktoum Solar Park," he said.
By 2030 it will have a production capacity of 5,000 megawatts, using photovoltaic solar panels and concentrated solar power technologies."
Dubai saw a 21 percent reduction in CO2 emissions by the end of 2021, exceeding a target of 16 percent.
DEWA's efforts saw the company receive the World Finance award for Best ESG Strategy in the UAE for 2022.

Kamakura Releases Seventh Generation Public Firm Default Probability Models

Retrieved on:

Tuesday, April 19, 2022

NEW YORK, April 19, 2022 /PRNewswire/ -- Kamakura Corporation reported Tuesday that the seventh generation of Kamakura public firm default models is being rolled out to central banks, regulatory agencies, banks, insurance firms, fund managers and government clients world-wide. The seventh-generation models, the Kamakura Risk Information Services ("KRIS") version 7.0 models, include the state-of-the-art Jarrow-Chava reduced form model, a modern econometric implementation of the Merton model, and a Jarrow-Merton hybrid model in the reduced form model framework. The models were benchmarked on more than 4.3 million observations from 24 countries. The KRIS 7.0 models mark the 20th anniversary of first KRIS models released in 2002. Version 7.0, which has been in development since 2017, reflects a daily out-of-sample cross-validation using traded bond prices and the Hilscher, Jarrow and van Deventer reduced form bond model.

Key Points:

NEW YORK, April 19, 2022 /PRNewswire/ -- Kamakura Corporation reported Tuesday that the seventh generation of Kamakura public firm default models is being rolled out to central banks, regulatory agencies, banks, insurance firms, fund managers and government clients world-wide.
The Hilscher, Jarrow and van Deventer 'HJV' model allows Kamakura to test default models not only on binary default/no default flags but also on traded bond prices.
Martin Zorn, president and chief operating officer of Kamakura Corporation, commented "The KRIS 7.0 models continue to demonstrate that high leverage and rapid movements in important macro factors drive public firm default around the world.
A supplemental subscription to the KRIS Macro Factor Service provides a sophisticated econometric relationship between fully disclosed macro factors and historical default probabilities for each combination of firm, default model, and default probability maturity.

Kamakura Releases Seventh Generation Public Firm Default Probability Models

Retrieved on:

Tuesday, April 19, 2022

NEW YORK, April 19, 2022 /PRNewswire/ -- Kamakura Corporation reported Tuesday that the seventh generation of Kamakura public firm default models is being rolled out to central banks, regulatory agencies, banks, insurance firms, fund managers and government clients world-wide. The seventh-generation models, the Kamakura Risk Information Services ("KRIS") version 7.0 models, include the state-of-the-art Jarrow-Chava reduced form model, a modern econometric implementation of the Merton model, and a Jarrow-Merton hybrid model in the reduced form model framework. The models were benchmarked on more than 4.3 million observations from 24 countries. The KRIS 7.0 models mark the 20th anniversary of first KRIS models released in 2002. Version 7.0, which has been in development since 2017, reflects a daily out-of-sample cross-validation using traded bond prices and the Hilscher, Jarrow and van Deventer reduced form bond model.

Key Points:

NEW YORK, April 19, 2022 /PRNewswire/ -- Kamakura Corporation reported Tuesday that the seventh generation of Kamakura public firm default models is being rolled out to central banks, regulatory agencies, banks, insurance firms, fund managers and government clients world-wide.
The Hilscher, Jarrow and van Deventer 'HJV' model allows Kamakura to test default models not only on binary default/no default flags but also on traded bond prices.
Martin Zorn, president and chief operating officer of Kamakura Corporation, commented "The KRIS 7.0 models continue to demonstrate that high leverage and rapid movements in important macro factors drive public firm default around the world.
A supplemental subscription to the KRIS Macro Factor Service provides a sophisticated econometric relationship between fully disclosed macro factors and historical default probabilities for each combination of firm, default model, and default probability maturity.

Investae has been included in the World Finance 100 list by the British magazine 'World Finance'

Retrieved on:

Tuesday, December 21, 2021

World Finance Corporation, Solution, Organization, World News Media, Marketing, World, Science and technology in Asia, Industry, Achievement, Knowledge, Efficiency, Financial services

"We are truly honored to be featured in the World Finance 100 list.

Key Points:

"We are truly honored to be featured in the World Finance 100 list.
In the world of finance, simplicity and investors knowledge are the key issues.
We are dedicated to achieving the highest performance in the industry" - Managing Director of Investae, Gerald Autier.
Each year, World Finance compiles the list of 100 individuals and companies not according to capitalization figures or growth but purely based on excellence in their field.

Kamakura Names Mark Slattery Market Manager for North America

Retrieved on:

Thursday, September 16, 2021

NEW YORK, Sept. 16, 2021 /PRNewswire/ -- Kamakura is pleased to announce that Mark Slattery, who has over 30 years' experience in financial services and specializes in asset liability management, financial modeling and forecasting, risk management, capital optimization and financial investments, has been named Market Manager for North America.

Key Points:

NEW YORK, Sept. 16, 2021 /PRNewswire/ -- Kamakura is pleased to announce that Mark Slattery, who has over 30 years' experience in financial services and specializes in asset liability management, financial modeling and forecasting, risk management, capital optimization and financial investments, has been named Market Manager for North America.
Mark joined Kamakura in 2011 as Managing Director for North American Client Services.
Since then, he has made significant contributions to the growth Kamakura has experienced in that market.
Mark is a proven leader who can help clients navigate these uncertain times," said Kamakura founder and Chairman Dr. Donald R. van Deventer.