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Envestnet Enhances Platform: Innovating to Unify its Ecosystem for Advisors & Enterprises

Retrieved on: 
Monday, September 11, 2023

BERWYN, Pa., Sept. 11, 2023 /PRNewswire/ -- Envestnet has rolled out another series of enhancements to bring more of its ecosystem together for advisors. Enhancements to the Envestnet platform were introduced as part of Envestnet's ongoing effort to drive growth and greater productivity for its nearly 3,000 RIA firm clients and 47 wealth management and brokerage firm clients through a consistent and unified digital experience.

Key Points: 
  • Next-Generation Updates Enhance the Advisors' Day-to-Day Experience, through a Focus on
    BERWYN, Pa., Sept. 11, 2023 /PRNewswire/ -- Envestnet has rolled out another series of enhancements to bring more of its ecosystem together for advisors.
  • Enhancements throughout the Envestnet ecosystem include:
    Security search enhancements within mutual account creation.
  • Extension of holding-level funding to ensure accurate reflection in the "Current Investments to Retain" and "Current Investments to Liquidate" proposal documents.
  • Trade simulations to give advisors greater visibility into possible outcomes and enable better trading decisions.

Alianza Powers Broadband Operator Bluepeak's Cloud Transformation, Extending Market Reach, and Revolutionizing Communications Product Suite

Retrieved on: 
Monday, July 31, 2023

MINNEAPOLIS, July 31, 2023 /PRNewswire/ -- The Independent Show 2023 Alianza, Inc., the communications cloud for service providers, today announced that prominent fiber-first broadband operator Bluepeak has chosen Alianza's cloud communications platform to reinvent itself with fiber and cloud solutions.

Key Points: 
  • By selecting Alianza's cloud communications platform , Bluepeak realizes numerous benefits:
    Speed to Market: With the help of Alianza's scalable, adaptable cloud-native platform, Bluepeak is able to rapidly introduce the most in-demand communications services to the market and readily adapt to market shifts and service improvements.
  • "Our operations have been transformed by the consolidation of various legacy technologies into a single full-stack cloud communications platform.
  • We are proud to be at the forefront of this industry shift and to be Bluepeak's chosen cloud communications partner."
  • Contact [email protected] to request a demonstration or appointment with Alianza at the conference or book a meeting here .

Ellington Financial and Great Ajax Corp. Announce Definitive Merger Agreement

Retrieved on: 
Monday, July 3, 2023

Ellington Financial Inc. (NYSE: EFC) (“Ellington Financial”), a real estate investment trust investing in a diverse array of financial assets including residential and commercial mortgage loans, and Great Ajax Corp. (NYSE: AJX) (“Great Ajax”), a real estate investment trust that invests primarily in residential mortgage loans, announced today that they have entered into a definitive merger agreement pursuant to which Ellington Financial will acquire Great Ajax.

Key Points: 
  • Ellington Financial Inc. (NYSE: EFC) (“Ellington Financial”), a real estate investment trust investing in a diverse array of financial assets including residential and commercial mortgage loans, and Great Ajax Corp. (NYSE: AJX) (“Great Ajax”), a real estate investment trust that invests primarily in residential mortgage loans, announced today that they have entered into a definitive merger agreement pursuant to which Ellington Financial will acquire Great Ajax.
  • Strong Financial Rationale: Ellington Financial expects to rotate out of selected lower-yielding Great Ajax assets and redeploy capital in higher-yielding strategies.
  • In connection with the proposed merger, Ellington Financial intends to file a registration statement on Form S-4 with the SEC that includes a Great Ajax proxy statement and an Ellington Financial prospectus.
  • Ellington Financial and Great Ajax and their respective directors and executive officers and certain other affiliates of Ellington Financial and Great Ajax may be deemed to be participants in the solicitation of proxies from Great Ajax stockholders in connection with the proposed merger.

CGG Announces its Q1 2023 Results

Retrieved on: 
Wednesday, May 3, 2023

PARIS, France – May 3, 2023 – CGG (ISIN: FR0013181864), a global technology and high-performance computing (HPC) leader, announced today its first quarter 2023 non-audited results.

Key Points: 
  • PARIS, France – May 3, 2023 – CGG (ISIN: FR0013181864), a global technology and high-performance computing (HPC) leader, announced today its first quarter 2023 non-audited results.
  • Looking ahead, our clients are ramping up their longer-term exploration efforts with increasing emphasis on efficiency, effectiveness, and lowering their carbon footprint.
  • Cash liquidity of $301m as of March 31, 2023, excluding $95m undrawn RCF.
  • Net debt before IFRS 16 at $905m as of March 31, 2023.

Envestnet Rolls Out Enhancements Across Its Ecosystem, Giving Advisors Greater Visibility Into Clients' Finances

Retrieved on: 
Wednesday, November 2, 2022

BERWYN, Pa., Nov. 2, 2022 /PRNewswire/ -- Envestnet implemented a series of technology enhancements during the third quarter to strengthen the user experience throughout its ecosystem. These updates, which were rolled out as part of Envestnet's ongoing commitment to giving advisors the power to help clients make sense of their finances, apply to the company's business lines—Envestnet WealthTech, Solutions, and Data and Analytics.

Key Points: 
  • "Net Worth Over Time," which breaks down a client's projected net worth on an annual basis by types of assets and liabilities.
  • New "Prospecting Center" in MyBlocksby Envestnet |MoneyGuide: This new lead-generation feature enables advisors to attract new clients across demographics which are vital for the survival of their businesses.
  • Advisors attending Schwab IMPACT 2022 can learn more about these updates to the Envestnet ecosystem by visiting the Envestnet booth #1206.
  • Envestnet refers to the family of operating subsidiaries of the public holding company, Envestnet, Inc. (NYSE: ENV).

Envestnet Announces Acquisition of Redi2 Technologies, Creating the Industry Leading Revenue & Billing Management Platform

Retrieved on: 
Wednesday, July 6, 2022

BERWYN, Pa., July 6, 2022 /PRNewswire/ -- Envestnet announced today that it has acquired Redi2 Technologies, Inc. (Redi2), a leading provider of revenue management and hosted fee-billing solutions in the global financial services industry. The deal creates more connections across the Envestnet financial wellness ecosystem for asset managers, wealth managers, and registered investment advisors (RIAs).

Key Points: 
  • The deal creates more connections across the Envestnet financial wellness ecosystem for asset managers, wealth managers, and registered investment advisors (RIAs).
  • "With Redi2's solutions, we become the industry leading provider of revenue and billing tools needed by all industry constituentsincluding advisors, wealth firms, and asset managers.
  • This acquisition enhances our strategic enablement of service and data, and over the next two years will create operating leverage by bringing Envestnet and Redi2's administrative, revenue, and billing services together."
  • BillFin:Offers advisory billing and invoicing, including fee-splitting and flexible billing setup functionalities, for financial advisors such as RIAs, wealth managers, and financial planners.

Envestnet Announces Business Line Transformation to Streamline and Accelerate the Growth of Its Financial Wellness Ecosystem

Retrieved on: 
Tuesday, June 7, 2022

BERWYN, Pa., June 7, 2022 /PRNewswire/ -- Envestnet announced today organizational changes to accelerate the growth of the Envestnet financial wellness ecosystem by streamlining its business into three business lines: Envestnet Solutions, Envestnet Data and Analytics, and Envestnet WealthTech. The new structure is designed to enable Envestnet to further help the wealth industry deliver an Intelligent Financial Life™ for its clients and marks the next chapter of growth for Envestnet.

Key Points: 
  • Envestnet Aligns Business Under Envestnet Solutions, Envestnet Data and Analytics, and Envestnet WealthTech
    BERWYN, Pa., June 7, 2022 /PRNewswire/ -- Envestnet announced today organizational changes to accelerate the growth of the Envestnet financial wellness ecosystem by streamlining its business into three business lines: Envestnet Solutions, Envestnet Data and Analytics, and Envestnet WealthTech.
  • The new structure is designed to enable Envestnet to further help the wealth industry deliver an Intelligent Financial Life for its clients and marks the next chapter of growth for Envestnet.
  • Dana D'Auria has been named Group President and Co-Chief Investment Officer, Envestnet Solutions; Farouk Ferchichi has been named Group President, Envestnet Data and Analytics; and Tony Leal has been named Group President, Envestnet WealthTech.
  • Envestnet Data and Analytics brings together the combined capabilities of Envestnet | Yodlee, Envestnet Analytics, Envestnet Abe.ai, and more, to serve as the foundation by which Envestnet creates and deploys personalized and actionable insights and intelligence for its business lines and segments.

Atmosfy Delivers User Generated Video at Scale with Cloudinary

Retrieved on: 
Monday, June 6, 2022

Cloudinary , the media experience platform for many of the worlds top brands, today announced that Atmosfy , a popular dining and hospitality app, is using Cloudinary to automate and scale its use of video-based user generated content (UGC).

Key Points: 
  • Cloudinary , the media experience platform for many of the worlds top brands, today announced that Atmosfy , a popular dining and hospitality app, is using Cloudinary to automate and scale its use of video-based user generated content (UGC).
  • To provide a fast and seamless one-of-a-kind visual experience to every user at this scale, Atmosfy turned to Cloudinary to fully automate the video optimization and delivery process.
  • Atmosfy selected Cloudinary for its AI-based, dynamic video API solution to easily manage, optimize and deliver UGC video to users wherever they are.
  • Video content is critical for any business looking to engage today, and we know user generated content boosts engagement and purchasing decisions.

Edmund Optics® Expands in Response to Rapid Growth

Retrieved on: 
Thursday, April 28, 2022

BARRINGTON, N.J., April 28, 2022 (GLOBE NEWSWIRE) -- Edmund Optics, a leading global manufacturer and supplier of optical components, has announced the opening of a new facility in Cherry Hill, NJ, USA.

Key Points: 
  • BARRINGTON, N.J., April 28, 2022 (GLOBE NEWSWIRE) -- Edmund Optics, a leading global manufacturer and supplier of optical components, has announced the opening of a new facility in Cherry Hill, NJ, USA.
  • This building, which is less than three miles from the company's headquarters in Barrington, NJ, is necessary to accommodate its growing employee base in response to business demands.
  • For the past 74 years, Edmund Optics has operated in New Jersey out of its Barrington headquarters.
  • The new Edmund Optics Cherry Hill office is located at:

Guardion Health Sciences Announces Financial Results for the Year Ended December 31, 2021

Retrieved on: 
Friday, April 1, 2022

HOUSTON, April 01, 2022 (GLOBE NEWSWIRE) -- Guardion Health Sciences, Inc. (Nasdaq: GHSI) (“Guardion” or the “Company”), a clinical nutrition company that develops clinically supported nutrition, medical foods, and dietary supplements, announced its financial results for the year ended December 31, 2021. The Company also provided a corporate update to shareholders.

Key Points: 
  • Financial highlights for the year ended December 31, 2021 include the following:
    Total revenue increased to $7,233,118 in 2021, as compared to $1,889,844 in 2020, a 283% increase.
  • Gross profit was $3,110,434 in 2021; gross loss was $(56,791) in 2020, such 2020 results being negatively impacted by $971,719 of inventory write-downs.
  • The termination agreement was effective on October 31, 2021 and the Company moved its product inventory to an experienced third-party logistics provider.
  • We will continue to work to evolve Guardion Health Sciences into a vital and profitable clinical nutrition company with recognized brands and consumer trust.