Product innovation

Cboe Global Markets and Metaurus Advisors, LLC Announce Plans to Launch Three New Innovative Equity Indices

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星期四, 五月 9, 2024

Cboe and Metaurus collaborate to develop three new US equity indices: the Cboe US Large Cap 100 Index, the Cboe US Large Cap Lead 50 Index, and the Cboe US Large Cap Lag 50 Index

Key Points: 
  • Cboe and Metaurus collaborate to develop three new US equity indices: the Cboe US Large Cap 100 Index, the Cboe US Large Cap Lead 50 Index, and the Cboe US Large Cap Lag 50 Index
    Plans to develop tradable futures products based on indices, subject to regulatory review
    CHICAGO, May 9, 2024 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, and Metaurus Advisors, LLC (Metaurus), an asset management company focusing on financial innovation, today announced plans to collaborate on three new US equity indices: the Cboe US Large Cap 100 Index, the Cboe US Large Cap Lead 50 Index (the Cboe Lead 50), and the Cboe US Large Cap Lag 50 Index (the Cboe Lag 50).
  • In addition, under an agreement between Cboe Exchange, Inc. and Metaurus, Cboe has the exclusive rights to use aspects of Metaurus' patent application to construct indices based on US equity securities, including the Cboe US Large Cap 100, Cboe Lead 50, and Cboe Lag 50 indices.
  • The Cboe US Large Cap 100, the Cboe Lead 50, and the Cboe Lag 50 indices build on our collective expertise in bringing novel investment products to the broader market."
  • Cboe Labs, Cboe's product innovation hub, plans to develop tradable futures products based on the Cboe Lead 50 and the Cboe Lag 50 indices to be listed on Cboe Futures Exchange, subject to regulatory review.

Marchex Announces First Quarter Results

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星期二, 五月 7, 2024

Adjusted non-GAAP loss per share for the first quarter of 2024 was ($0.02) compared to ($0.08) for the first quarter of 2023.

Key Points: 
  • Adjusted non-GAAP loss per share for the first quarter of 2024 was ($0.02) compared to ($0.08) for the first quarter of 2023.
  • Overall conversation volumes in the first quarter were down modestly from 2023 fourth quarter levels as some customers faced pressure due to overall consumer-related macroeconomic factors and company specific items.
  • Adjusted EBITDA is anticipated to improve and be better than first quarter 2024 results.
  • ET on Tuesday, May 7, 2024, to discuss its ​first quarter 2024,​ financial results and other company updates.

Formetco Invests in Massive Expansion with a State-of-the-Art 175,000 Square Foot Digital Manufacturing Facility

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星期二, 五月 7, 2024

DULUTH, Ga., May 7, 2024 /PRNewswire-PRWeb/ -- Formetco, LLC, a leader and pioneer in the design, manufacture, and innovation of digital and hardware products for the Outdoor Advertising industry and a leader in digital LED displays for sports venues, is excited to announce the opening of its new, cutting-edge 175,000 square foot digital manufacturing facility in Suwanee, GA. This strategic expansion highlights Formetco's commitment to investing in its future and advancing digital operations, enhancing customer success, and fostering innovation across its portfolio.

Key Points: 
  • Formetco, a trailblazer in Outdoor Advertising and sports venue LED displays, unveils a cutting-edge 175,000 square foot digital manufacturing facility in Suwanee, GA, signaling a bold commitment to innovation and unparalleled customer satisfaction.
  • This strategic expansion highlights Formetco's commitment to investing in its future and advancing digital operations, enhancing customer success, and fostering innovation across its portfolio.
  • Formetco's CEO, Matt Xander, expressed his enthusiasm about the new facility: "We are thrilled to be launching this expansive state-of-the-art production facility.
  • This new facility represents not just a milestone for Formetco but a firm dedication to its customers—promising enduring quality, innovation, and satisfaction.

BSM Partners Opens European Office

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星期二, 五月 7, 2024

BENTONVILLE, Ark., May 7, 2024 /PRNewswire/ -- BSM Partners , the largest full-service pet care research, consulting, and strategy-to-shelf product innovation firm, announced the expansion of its global footprint with the opening of the firm's first European office.

Key Points: 
  • BENTONVILLE, Ark., May 7, 2024 /PRNewswire/ -- BSM Partners , the largest full-service pet care research, consulting, and strategy-to-shelf product innovation firm, announced the expansion of its global footprint with the opening of the firm's first European office.
  • Émilie Mesnier, a BSM Partners veteran who currently serves as the firm's Director of Product Innovation, has been named Vice President for European Operations and will oversee an office in Nantes, France.
  • BSM Partners' multidisciplinary team of PhDs, consumer scientists, engineers, psychologists, board-certified veterinarians and nutritionists have more than 550 years of cumulative technical experience.
  • "We offer a seamless business approach to bringing innovative pet products to the European and U.S. markets," said Brent Kirn, Vice President of Sales and Marketing at BSM Partners.

BSM Partners Opens European Office

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星期二, 五月 7, 2024

BENTONVILLE, Ark., May 6, 2024 /PRNewswire/ -- BSM Partners , the largest full-service pet care research, consulting, and strategy-to-shelf product innovation firm, announced the expansion of its global footprint with the opening of the firm's first European office.

Key Points: 
  • BENTONVILLE, Ark., May 6, 2024 /PRNewswire/ -- BSM Partners , the largest full-service pet care research, consulting, and strategy-to-shelf product innovation firm, announced the expansion of its global footprint with the opening of the firm's first European office.
  • Émilie Mesnier, a BSM Partners veteran who currently serves as the firm's Director of Product Innovation, has been named Vice President for European Operations and will oversee an office in Nantes, France.
  • BSM Partners' multidisciplinary team of PhDs, consumer scientists, engineers, psychologists, board-certified veterinarians and nutritionists have more than 550 years of cumulative technical experience.
  • "We offer a seamless business approach to bringing innovative pet products to the European and U.S. markets," said Brent Kirn, Vice President of Sales and Marketing at BSM Partners.

MSIG USA Strengthens Executive Team to Drive Continued U.S. Market Expansion and Innovation

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星期三, 五月 1, 2024

NEW YORK, May 1, 2024 /PRNewswire-PRWeb/ -- Peter McKenna, CEO of MSIG USA, has announced new executive leadership appointments aimed at reinforcing the company's dedication to the U.S. market, fostering a culture of innovation that anticipates and responds to client needs, and ensuring continued service excellence along with sustained profitable growth.

Key Points: 
  • The new executive appointments include:
    Brian Botkin, joining as Chief Underwriting Officer, will oversee the company's overarching underwriting strategy.
  • Joseph Fitzpatrick, appointed Head of Distribution, will focus on developing and enhancing distribution channels across MSIG USA's direct, delegated, and multinational market segments.
  • Jayson Taylor, named Head of Product Innovation, will guide the development of innovative products, including cyber and casualty insurance.
  • The latest strategic appointments at MSIG USA are a clear indication of our dedication to sustaining our growth and success in this key market.

MeridianLink Recognized for Achievement in Product Innovation in 2024 American Business Awards

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星期四, 五月 2, 2024

MeridianLink®, which provides industry-leading account opening, consumer lending, member engagement, and business intelligence capabilities, was recognized for its partnership with FedChoice Federal Credit Union.

Key Points: 
  • MeridianLink®, which provides industry-leading account opening, consumer lending, member engagement, and business intelligence capabilities, was recognized for its partnership with FedChoice Federal Credit Union.
  • “It’s a great honor to be recognized for product innovation along with FedChoice among such a distinguished class in an incredibly competitive year,” said Devesh Khare, chief product officer at MeridianLink.
  • The American Business Awards are the U.S.A.’s premier business awards program.
  • “We’re thrilled to be recognized by the American Business Awards for our work to create a frictionless member experience and streamline internal resources and processing times.”

OCC Announces Director Elections at Annual Stockholder Meeting

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星期三, 五月 1, 2024

In addition, OCC announced the election of Andrej Bolkovic , OCC Chief Executive Officer, as the Management Director.

Key Points: 
  • In addition, OCC announced the election of Andrej Bolkovic , OCC Chief Executive Officer, as the Management Director.
  • The vote took place during OCC’s annual stockholder meeting on April 19, 2024.
  • The following Director was unanimously elected as a Class III Public Director for the term ending in 2027:
    Dr. Thomas R. Cardello , Founding Member, Venice Financial Management, LLC.
  • “The high caliber of leadership represented on our Board demonstrates that OCC has the capabilities necessary to achieve our objectives while fulfilling our critical obligations.”

FloQast Secures $100 Million in Series E Funding, Achieving $1.6 Billion Valuation

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星期三, 四月 10, 2024

With this latest investment, FloQast achieves a post-money valuation of $1.6 billion, underscoring its position as a leader in the accounting and finance technology sector.

Key Points: 
  • With this latest investment, FloQast achieves a post-money valuation of $1.6 billion, underscoring its position as a leader in the accounting and finance technology sector.
  • "Today’s accounting and finance teams have the opportunity to emerge as drivers of growth and strategic change within their organizations,” said Mike Whitmire, CPA*, CEO and co-founder of FloQast.
  • Logo Growth: FloQast now powers more than 2,600 accounting teams, including Twilio, Los Angeles Lakers, Zoom, and Snowflake, among other notable organizations.
  • Creative Brand Strategy: FloQast unveiled an all-new brand strategy , reflecting the company's commitment to innovation and modernization in the accounting industry.

Phenom Releases Massive Wave of HR Tech Innovation: Talent Experience Engine, Next-GenAI Agents, New Platform Experiences, and Updates for Talent Acquisition and Talent Management

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星期五, 四月 26, 2024

During its IAMPHENOM 2024 Product Innovation Keynote, Phenom announced a massive wave of platform innovations — including Talent Experience Engine, X+ Agents, Talent Marketer Experience and Talent Leader Experience.

Key Points: 
  • During its IAMPHENOM 2024 Product Innovation Keynote, Phenom announced a massive wave of platform innovations — including Talent Experience Engine, X+ Agents, Talent Marketer Experience and Talent Leader Experience.
  • View the full release here: https://www.businesswire.com/news/home/20240426219319/en/
    Phenom releases massive wave of HR tech innovation during its Product Innovation keynote at IAMPHENOM in Philadelphia.
  • Leveraging standard AI tools for this purpose is ineffective since critical context from talent acquisition and management is missing.
  • Talent Experience Engine transitions talent marketers from content creators to talent strategists with unparalleled efficiency.