TMI | Jotup

AM Best Affirms Credit Ratings of PT Asuransi Tokio Marine Indonesia

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星期四, 五月 16, 2024

Professional Services, Insurance, Finance, Credit, News, Growth, ALL, JIA, Communication, TMI, AM Best, Risk management, TMH

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of PT Asuransi Tokio Marine Indonesia (TMI) (Indonesia).

Key Points:

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of PT Asuransi Tokio Marine Indonesia (TMI) (Indonesia).
In addition, the ratings factor in rating enhancement from Tokio Marine & Nichido Fire Insurance Co., Ltd., which is the main insurance operating entity of Tokio Marine Holdings, Inc. (TMH).
For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Ansys and TSMC Enable a Multiphysics Platform for Optics and Photonics, Addressing Needs of AI, HPC Silicon Systems

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星期三, 四月 24, 2024

Synopsys, Process, HPC, TSMC, Verilog, Silicon, OIP, Innovation, Communication, Artificial intelligence, Transport, PDK, Compiler, Process design kit, Silicon photonics, Electronics, TMI, ANSYS, Printed circuit board

PITTSBURGH, April 24, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) today announced a collaboration with TSMC on multiphysics software for TSMC's Compact Universal Photonic Engines (COUPE). COUPE is a cutting-edge Silicon Photonics (SiPh) integration system and Co-Packaged Optics platform that mitigates coupling loss while significantly accelerating chip-to-chip and machine-to-machine communication.

Key Points:

COUPE is a cutting-edge Silicon Photonics (SiPh) integration system and Co-Packaged Optics platform that mitigates coupling loss while significantly accelerating chip-to-chip and machine-to-machine communication.
TSMC COUPE, along with Ansys multiphysics solutions that are integrated with Synopsys' 3DIC Compiler unified exploration-to-signoff platform, enables the next generation of silicon photonics and co-packaged optics designs for applications in AI, datacenter, cloud, and HPC communications.
The work spans multiple areas, including fiber-to-chip coupling, integrated electronic-photonic chip design, power integrity verification, high-frequency electromagnetic analysis, and critical thermal management.
TSMC COUPE integrates multiple electrical ICs with a photonic IC and fiber optic connections into a single package.

GTreasury Customer Subway Wins Treasury Management International’s Gold Award for Best TMS Implementation

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星期一, 三月 11, 2024

Risk management, Gold, Treasury, Best, Automation, TMI

CHICAGO, March 11, 2024 (GLOBE NEWSWIRE) -- GTreasury , a treasury, payments, and risk management software provider, today announced that Subway has earned Gold for Best TMS Implementation in the Treasury Management International (TMI) Awards .

Key Points:

CHICAGO, March 11, 2024 (GLOBE NEWSWIRE) -- GTreasury , a treasury, payments, and risk management software provider, today announced that Subway has earned Gold for Best TMS Implementation in the Treasury Management International (TMI) Awards .
The company recently modernized its treasury management system by turning to GTreasury’s solution as a way to streamline critical treasury processes.
With GTreasury’s TMS, Subway successfully built a foundational system that transformed the company’s treasury practices and efficiency.
We congratulate Subway and its treasury team on its vision, execution, and well-deserved Gold in this year’s TMI Awards.”
“We are incredibly proud to be named the Best TMS Implementation of the year by TMI, and very much appreciate the recognition,” said Mike Vinneau, Senior Director of Treasury, Subway.

Grindrod Shipping Holdings Ltd. Announces Unaudited Financial Results for the Second Half and Full Year Ended December 31, 2023

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星期三, 二月 28, 2024

Acquisition, Ship, TCE, Safety, Sale, Handymax, Second Half, GAAP, EGM, Depreciation, TMI, Cryptocurrency

Unaudited Results for the Full Years Ended December 31, 2023 and 2022

Key Points:

Unaudited Results for the Full Years Ended December 31, 2023 and 2022
Revenue was $387.1 million for the year ended December 31, 2023 and $460.5 million for year ended December 31, 2022.
Administrative expense was $32.7 million for the year ended December 31, 2023 and $48.1 million for the year ended December 31, 2022.
Interest income was $2.8 million for the year ended December 31, 2023 and $2.2 million for the year ended December 31, 2022.
Interest expense was $17.1 million for the year ended December 31, 2023 and $17.1 million for the year ended December 31, 2022.

ICD Wins Best Portal Technology, Best Risk Management Solution

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星期四, 二月 15, 2024

Risk management, Innovation, ICD, Organization, Treasury, TMI

ICD, provider of institutional investment technology , won Best Portal Technology Solution for ICD Portal and Best Risk Management Solution for ICD Portfolio Analytics .

Key Points:

ICD, provider of institutional investment technology , won Best Portal Technology Solution for ICD Portal and Best Risk Management Solution for ICD Portfolio Analytics .
"These awards are a testament to the close relationships we have with our clients as we drive the industry forward with technology purpose-built for treasury," says Sebastian Ramos, Executive Vice President, ICD Portal.
ICD Portal is a leading institutional investment portal providing market access and tools for trading short-term investment products .
That same month, ICD launched its AI-driven cloud solution, ICD Portfolio Analytics, to solve the challenges organizations have collecting, aggregating and normalizing investment information across their entire portfolio for exposure analysis and reporting, winning Best Risk Management Solution for TMI's 2023 industry awards.

Fides Awarded 2023 TMI Innovation & Excellence Award for Bank Connectivity

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星期二, 二月 6, 2024

ERP, Consultant, Love, TMS, TMI, Treasury, Innovation

ZURICH, Feb. 6, 2024 /PRNewswire-PRWeb/ -- Fides Treasury Services Ltd., the global leader in multibank connectivity, payments and communications, has been honored as the Best in Bank Connectivity in the 2023 TMI Technology Innovation Awards. This is the fourth consecutive year Fides has been recognized with this prestigious Innovation & Excellence award.

Key Points:

ZURICH, Feb. 6, 2024 /PRNewswire-PRWeb/ -- Fides Treasury Services Ltd., the global leader in multibank connectivity, payments and communications, has been honored as the Best in Bank Connectivity in the 2023 TMI Technology Innovation Awards.
This is the fourth consecutive year Fides has been recognized with this prestigious Innovation & Excellence award.
"Fides has once again demonstrated its exceptional commitment to providing the highest quality bank connectivity solutions to businesses of all sizes," said Robin Page, CEO of TMI.
"We are incredibly honored to receive this award for our exceptional bank connectivity solutions for the fourth consecutive year," said Andreas Lutz, CEO of Fides.

OFS Innovations in Specialty Optical Fiber at SPIE Photonics West

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星期三, 一月 17, 2024

TMI, MFD, Research, Energy, Temperature, Heat, SAN, Knowledge, Soreq Nuclear Research Center, Yb, BIOS, Calibration, SPIE, Water, LMA, SNAP, Erbium, Absorption, Literature, Transformer

SAN FRANCISCO, Jan. 17, 2024 /PRNewswire/ -- OFS, a leading manufacturer of fiber optic products and solutions, will display its technical expertise and industry leadership by presenting seven highly anticipated educational sessions at the annual SPIE BiOS Expo and Photonics West Exhibition in San Francisco, California, from 27 January through 1 February 2024.

Key Points:

"We're excited to showcase OFS' industry-leading photonics research at the premier optics and laser conference this year," said David DiGiovanni, Chief Technology Officer at OFS, and President of OFS Laboratories.
"With breakthroughs in fiber laser power scaling, and integrated fiber optic sensors, our technical presentations demonstrate our commitment to developing innovative fiber products.
OFS invites all conference attendees and media representatives to attend these presentations and engage with our experts to explore the latest advancements in photonics research.
For more information about OFS and its contributions to the field of photonics, please visit with OFS personnel, who will be available to discuss the research presented at the OFS booth #8324 at BiOS and #4505 at Photonics West or visit www.ofsoptics.com/photonics-west .

Grindrod Shipping Holdings Ltd. Announces Unaudited Financial Results for the Three Months and Nine Months Ended September 30, 2023

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星期二, 十一月 28, 2023

Nine Months, TMI, BSI, Handymax, EGM, Sale, TCE, Acquisition, Insurance, Three Months, Asset, GAAP, Cryptocurrency

Unaudited Results for the nine months ended September 30, 2023 and 2022

Key Points:

Unaudited Results for the nine months ended September 30, 2023 and 2022
Revenue was $298.3 million for the nine months ended September 30, 2023 and $379.1 million for nine months ended September 30, 2022.
Interest income was $1.8 million for the nine months ended September 30, 2023 and $0.8 million for the nine months ended September 30, 2022.
Interest expense was $13.5 million for the nine months ended September 30, 2023 and $11.8 million for the nine months ended September 30, 2022.
Income tax expense was $0.3 million for the nine months ended September 30, 2023 and $0.4 million for the nine months ended September 30, 2022.

Mondee Q3 2023 Results: Robust Growth with Record Profitability and Cash Flow Generation

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星期二, 十一月 14, 2023

EBITDA, Absorption, Fintech, Travel, Language, Share repurchase, History, Luigi, LBF, RPA, Adjustment, TMI, AI, PayPal, Meta, Cryptocurrency, Nike Air Max, Oracle, Apple

AUSTIN, Texas, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), the high-growth, travel technology company and marketplace with a portfolio of global platforms in the leisure and corporate travel sectors, today announced third quarter business milestones and financial results for the three-month period ended September 30, 2023.

Key Points:

4 3Q 2022 included a one-time stock-based combination of $55.1 million related to Mondee's business combination and NASDAQ listing.
5 2022 and 2023 interim periods adjusted loss per share are updated by including the impact of cumulative dividends allocated to preferred stock holders.
The divestiture is expected to improve profitability and to allow the Company to devote additional resources on the organic growth of its core business.
A live webcast of the event will be available on the Mondee Investor Relations website at http://investors.mondee.com.

Web3War® by Roll1ng Thund3rz to Introduce Skill2Earn Mechanics, Cross-Game Skins and More

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星期一, 十二月 11, 2023

Web3War® , the free-to-play multiplayer shooter developed by Roll1ng Thund3rz, is shaking up the gaming space with its innovative combination of high-quality gameplay and Web3 features.

Key Points:

Web3War® , the free-to-play multiplayer shooter developed by Roll1ng Thund3rz, is shaking up the gaming space with its innovative combination of high-quality gameplay and Web3 features.
Web3War® takes a player-first approach to introducing Web3 technology by implementing a new and unique Skill2Earn system.
Matt Dyer, the CEO of Zilliqa Group and Roll1ng Thund3rz shared:
“Putting the tech aside Web3 has always been about value transfer and ownership.
Roll1ng Thund3rz has committed to implementing this functionality, meaning that cosmetic skin NFTs purchased or earned through gameplay in Web3War® will also be usable in future titles.