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Author: Marie Jones

  • Club Med Redefines Vacation for Kids with a new framework inspired by Positive Education, Mini Club Med +

    Club Med Redefines Vacation for Kids with a new framework inspired by Positive Education, Mini Club Med +

    The launch of a science-based approach with pedagogical principles that promotes children’s sense of well-being and resilience, seamlessly integrated into brand new fun-packed activities and the best of the original Mini Club in Club Med resorts across Asia.

    Club Med, the pioneer of Premium All-Inclusive holidays and the number one vacation brand for families, launched the evolution of its highly-acclaimed Kids Club (previously known as Mini Club Med(R)) to Mini Club Med + in Bali. This brand-new science-based framework inspired by Positive Education offers a fun-filled experience where play, cooperation and kindness are celebrated to help develop their soft skills while on vacation.

    This much anticipated roll-out across Asia follows the successful test case in Club Med La Palmyre Atlantique, that has been specially formulated to address the changing needs of children and the rising expectations of parents, and directly responds to one of the major concerns, which is how to raise happy children? Holidays are very special moments in children’s development, where we believe creativity, courage, appreciation, teamwork or self-expression can be kindled and fostered.

    Mini Club Med + is a Game Changer
    Club Med has been a pioneer of Kids & Family experiences since 1967, with its initial introduction of Mini Club Med(R), a space for children 4-10 year olds to learn and grow while on vacation. Parents can leave their little ones under the watchful eyes of the Gentils Organisateurs (GOs(R)) in our Resorts, with the assurance that their kids will enjoy the most enriching experiences, while they enjoy their much needed me-time and we-time. With this enhancement to the program, it gives even more value to the time children spend at Mini Club Med + and the experiences that will empower them to be happy & confident.

    At Mini Club Med +, kids are being prepared for the future. They will discover and develop unique character strengths around Creativity, Confidence, Connection, Cheerfulness, Courage and Cooperation (the 6 Cs of Mini Club Med +); vital soft skills to being happy, staying connected and growing with confidence.

    One of such activities that the little ones can look forward at Mini Club Med + is the Ninja Bootcamp, where it requires them to design their own obstacle course and conquering it. The goal is to reveal a child’s unique character strengths and to develop his or her ability to effectively engage those strengths leading to increased self-esteem, energy and happiness. This approach echoes Club Med’s raison d’etre, perfectly matching the vision of Club Med’s founder, Gerard Blitz: “The purpose of life is to be happy. The place to be happy is here. The time to be happy is now.”

    The program was developed in partnership with Professor Ilona BONIWELL, an Expert in Positive Psychology & Positive Education and a world leader in the field of Positive Psychology, with over 20 years of experience. A wealth of exciting new activities was designed to help children discover and develop their strengths. All of the original Mini Club Med activities such as sports and the Mini Club Med Show have also been re-engineered and passed through the same framework, to help nurture children’s soft skills, making them more than just fun activities, but truly enriching learning experiences.

    “Families are at the core of our offering at Club Med and this new enhancement of Mini Club Med + truly redefines the enriching holiday experiences children will have at our resorts. Over 70% of our guests from Asia visiting Club Med are families, we see the value and opportunity to empower the next generation with the character strengths they need to thrive in this fast-changing world.” said Rachael Harding, Chief Executive Officer, East and South Asia & Pacific markets, Club Med. “We are thrilled to be able to launch this enhancement across Asia (excluding China) and highlight our commitment to delivering unparalleled and meaningful experiences for families.”

    The Media Launch at Club Med Bali, the #1 resort for families
    The sneak peek into the Mini Club Med + program, held at Club Med Bali, presented the perfect space for family vacations. The Premium All-Inclusive Resort which recently reopened last month, features the ideal hassle-free infrastructure for families. Beyond the new Mini Club Med + enhancement, the Resort also has Kids’ Clubs for children 4 months to 17 years, the award-winning Amazing Family! program that encourages family bonding in a unique way, services and facilities such as a baby corner with pureed food for infants, interconnecting rooms which make vacationing as a family a breeze and over 60 sports and activities for all ages, making it the resort with the largest number of in-resort sports and activities in Bali.

    Club Med’s First Ever Immersive Art Installation
    Making waves during the event launch at Club Med Bali is the debut of Club Med’s first ever immersive art installation in partnership with Art Wonderland Singapore. This exclusive art installation brings another dimension of creative play, allowing families to bond over imaginative play and expose them to the artful storytelling in an outdoor setting. It hopes to encourage the spirit of pretend play and wild imaginations in families and to allow children to hone their strengths and develop soft skills through this limited-time feature.

    About the artwork installation:
    Of Dreams and Adventures is an experience-based, immersive installation that aims to encourage family visitors to play in the spirit of adventure. On a journey across a monstrous ocean to an illuminating forest and musical cave, family visitors are invited to take part in imaginative play and adopt the role of brave explorers on a quest for the glowing crown. Filled with interactive elements and playful activities, Of Dreams and Adventures aims to allow families to practice teamwork and embrace their wildest imagination for the greatest adventure of all time.

    New Discoveries Await Families
    In addition to the art installation, Club Med Bali will feature brand-new robust entertainment for the whole family. When evening comes around, grab the kids and head to the theatre for energizing beats in the new digital shows ‘Colours’ & ‘Magic Tribe’ by our talented GOs in dazzling costumes are sure to mesmerize and are definitely Instagram-worthy.

    Connecting you to the soul of Bali, the resort also introduced a dedicated Balinese Day each week, where families can join in local cooking classes with striking flavours and relish in the rich, cultural performances. Another note-worthy event is the Nomad Festival themed day, where colourful bohemian-chic happenings and curated workshops such as eco-friendly glitter make-up, dreamcatcher-making and boho-chic festival party with a live DJ await. Watch as families of all ages doll up, bringing vibrancy of the island to life and with it, precious memories and maybe some new phone wallpapers.

    Competitive families may find picking up a new sport while on vacation a massive draw and the best chance to level out the playing field between parents and kids. With the newest addition, Padel Tennis to Club Med Bali’s extensive list of all-inclusive activities in the Resort, families can seek to develop a new skill together.

    For more details on What’s New at Club Med Bali, check out our press release on Bali Reignited.

    About Club Med
    Club Med, founded in 1950 by Gerard Blitz, invented the all-inclusive holiday club concept, adding in activities especially for children with the creation of the Mini Club in 1967. Led by its pioneering spirit, Club Med seeks out exceptional destinations and sites. Today, Club Med is the world’s leading provider of upscale, all-inclusive holiday packages with a French touch for families and working couples. Club Med operates nearly 70 resorts, of which 85% are rated Premium & Exclusive Collection. Present in 30 countries around the world, the Group employs more than 23,000 Gentils Organisateurs (GOs) and Gentils Employes (GEs), representing 110 nationalities.

    About Art Wonderland:\
    Based in Singapore, Art Wonderland is an art collective that consists of lead artists – Lena Lok, Jesse Chong and Stacy Huang – and their team of creatives. Grounded in education, the collective designs spaces and encounters that stimulate curiosity and enables discovery of the worlds around us. Through exploration of mediums and creative dialogue, Art Wonderland aims to empower children to be independent artists that can tell their own stories.

    About Ilona Boniwell
    Ilona Boniwell is a professor of positive psychology at the University of East London and the original founder of the UEL’s MSc in Applied Positive Psychology, the first ever degree of this type in Europe. She is one of the world leaders in positive psychology, working in the field for over 20 years, originally mentored by Martin Seligman. Professor Boniwell wrote or edited twelve books, delivered over 200 keynotes and a TEDx, founded the European Network of Positive Psychology, organised the first European Congress of Positive Psychology and was the first vice-chair of the International Positive Psychology Association (IPPA). She is also a passionate practitioner of positive psychology. As a CEO of Positran she consulted the Governments of UAE and Bhutan and many major international companies, including Club Med, L’Oreal, Unilever, Nestle, EY, Microsoft and BNP Paribas.

  • InvesTech Holdings and Microsoft Jointly Launch Two Enterprise Digital Transformation Solutions

    InvesTech Holdings and Microsoft Jointly Launch Two Enterprise Digital Transformation Solutions

    • Facilitate Digital Transformation of Enterprises through
    • Giving Full Play to Advantage of Resource Aggregation

    InvesTech Holdings Limited (InvesTech Holdings, together with its subsidiaries, the Group, HKG: 1087), a leading integrated smart IT solutions provider in China, is pleased to announce that its subsidiary Wafer Systems Limited (Wafer Systems), which owns the smart office software solutions flagship product Virsical, has started a new collaboration with Microsoft Corporation (Microsoft; NASDAQ: MSFT) in the field of the modern workplace, jointly offering enterprises with digital transformation solutions.

    Jointly launching enterprise smart workspace solutions empowering the enterprises digital transformation
    Wafer Systems and Microsoft joined hands to launch two distinctive enterprise solutions, namely “AIoT-based Smart Building Digital-twin Solution” and “Teams-based Digital Administrative Office Solution”, to empower clients from various industries to undergo digital transformation. The Group and Microsoft aspire to force disruptive innovation to the traditional manpower-based management model, with an aim of delivering groundbreaking solutions to enterprises.

    As a digital administrative office solution, “AIoT-based Smart Building Digital-twin Solution” is Virsical AIoT platform-centred and Microsoft Azure-powered solution, which integrates building space management system and various smart hardware and terminals to collect and analyse information such as people’s behaviour, terminal equipment and space status in the building, for the formation of a digital platform where information collection, resource sharing and optimised management are enabled. It also realises digital management of enterprise operational scenarios encompassing facility management, energy saving and emission reduction, office services, monitoring and alarming, emergency services, and information distribution. It effectively helps enterprises achieve intelligent collaboration of people, objects and space, and realise the intelligent transformation of administrative management, thus enhancing the efficiency of building operation and management, as well as reducing operating costs.

    “Teams-based Digital Administrative Office Solution” is a corporate digital-twin smart management platform that is built on the foundation of Microsoft Teams with the application of advanced technologies such as the Internet of Things (IoT). It forms a system platform with functions including information collection, resource sharing and optimised management, in order to realise real-time dynamic monitoring and control of equipment operations. The platform covers multiple areas of corporate administration, including workstation management, meeting management, visitor management, access management, smart locker management, smart washroom management and space asset management, etc. It helps corporates achieve the intelligent management of people, objects and space while improving the efficiency and precision of real-time decision-making. Meanwhile, it drives enterprises to attain smart transformation of administrative management and fulfil green and low-carbon operations in office buildings.

    Leveraging its professional standards and capabilities, alongside industry-leading solutions, Wafer Systems is highly acclaimed by Microsoft and has become the only partner in China being awarded the “Microsoft Best IoT Partner of the Year”. Driven by the mutual recognition of capabilities and mission, Wafer Systems and Microsoft have deepened their partnership through intensive collaboration in various fields.

    Forming strong alliance and strategically deepening collaboration in the field of smart office
    In November 2021, with its cutting-edge research and development (R&D) capabilities and advanced solutions being highly recognised by Microsoft, the Group ranked first in Microsoft Teams Hackathon with “Virsical Automated Visitor Registration Solution”, and won the title of Microsoft Gold Partner in December 2021. In early 2022, Wafer Systems’ “Virsical AIoT Solution” officially entered Microsoft laboratory and was empowered by Microsoft laboratory’s technology and equipment. Bolstered by the full support of Microsoft experts and laboratory engineers, the Group has accelerated the implementation of Wafer Systems’ space management and facility management solutions in the new-generation building parks. Through the integration of the existing solutions by Microsoft AIoT services, subsequent costs for implementation are reduced. The entry facilitates the integration of Virsical and Microsoft in terms of AIoT solutions, thus promoting the incubation and implementation of more technical solutions while allowing the two parties to explore the high-potential AIoT field together. Currently, several Virsical software products, namely MetaVisitor, MetaWorkspace and MetaMeeting, were successively launched on Microsoft Teams, offering Microsoft Teams users a brand-new office experience. In addition, the Group has recently participated in Microsoft IoT Project Dragon, during which “Virsical Smart Space Solution” was announced as a key solution in the smart space field and successfully gain wide recognition in the industry.

    By continuously strengthening and consolidating each other’s advantages, the Group and Microsoft have reached mutually beneficial cooperation. The two parties have also carried out holistic collaborations in various fields, to create interconnected and visualised smart office spaces spanning across scenarios including office spaces, buildings and parks, with a view to improving corporate efficiency and driving the digital transformation of the Group’s Fortune 500 clients.

    Mr. Ringo CHAN, Chairman and Chief Executive Officer of InvesTech Holdings, said, “Capitalising on Microsoft’s outstanding technical capability and exhaustive list of product matrix, we are able to effectively optimise our solutions to provide clients with better products and services, thus expanding our market share in the promising Chinese market. As a Microsoft Gold Partner and a leader in the smart office industry, the Group expects to join hands with Microsoft to create smart space management solutions through leveraging technologies namely Microsoft Cloud’s IoT, digital-twin and AI technology, as well as fostering integration with applications and management systems in existing traditional headquarters buildings. In the future, to give full play to complementary advantages, the Group will deepen its partnership with Microsoft and establish in-depth cooperation in fields such as smart office, to jointly explore enterprise metaverse.”

    Ms. YIN Bing, Director of Asia IoT Partner Business Unit of Microsoft, said, “We are pleased to collaborate with our outstanding partner Wafer Systems and jointly create innovative solutions. It is Microsoft’s mission to empower every person and every organisation on the planet to achieve more. Wafer Systems’ innovative smart office solutions work well with Microsoft’s industry-leading products such as Azure IoT and Teams, to provide enterprises with convenient tools for efficient management. Going forward, Microsoft will continue to support Wafer Systems in product innovation for the provision of industry-leading Microsoft platform-based solutions to more enterprise clients.”

    About InvesTech Holdings Limited
    InvesTech Holdings Limited (HKG: 1087) was listed on the main board of the Hong Kong Stock Exchange in 2010. As a leading integrated smart IT solutions provider with more than 30 years of experience in the IT industry, the Group is principally engaged in IT infrastructure system integration and smart office software solutions businesses. The Group has a strong presence in China, with more than 10 offices nationwide with a research and development centre in Xi’an.

    Website: http://www.investech-holdings.com/

  • CNERGENZ Posts RM76.58 Million in Revenue for 2Q FY2022

    CNERGENZ Posts RM76.58 Million in Revenue for 2Q FY2022

    • Sales of integrated solutions and standalone SMT machines and equipment remained steady

    CNERGENZ Berhad, an established electronics manufacturing solutions provider based in Penang, announced today that the Company recorded revenue of RM76.58 million for the second quarter ended 30 June 2022 (2QFY2022) on higher sales of standalone surface mount technology (SMT) machines and provision of integrated solutions due to continued demand from manufacturing activities in the electronics and semiconductor industries (E&S Industries). On a cumulative basis, the Company recorded revenue of RM113.48 million and net profit (PAT) of RM12.94 million for the 6-month period ended 30 June 2022.

    Mr. Lye Yhin Choy, Chief Executive Officer of CNERGENZ Berhad

    On a segmental basis, standalone SMT machines and equipment sales contributed 51.03% of the total revenue while provision of integrated solutions contributed 44.85% for the 2QFY2022.

    Meanwhile, the Company’s profit before tax (PBT) for the 2QFY2022 had doubled to RM12.35 million as compared to the immediate preceding first quarter ended 31 March 2022 (1QFY2022) PBT of RM4.87 million. This resulted in the Company recording PAT of RM9.30 million for the 2QFY2022, which represents an increase compared to RM3.64 million recorded in the immediate preceding 1QFY2022.

    Chief Executive Officer of Cnergenz, Mr. Lye Yhin Choy said, “We continue to see a steady inflow of orders in the recent quarter for our integrated solutions and standalone SMT machines and equipment in the Malaysian, Thai and Vietnamese markets where we operate despite the global headwinds that the technology sector is encountering, attributed to the gradual reopening of economies in these countries which have contributed to increased sales and new enquiries for our products and solutions. We believe that the inflow of orders will continue to grow following the recent global uptick in sales of semiconductors, particularly during the second quarter of 2022, coupled with the continued demand for our solutions and products amongst industry players within the E&S Industries.

    On operational front, we have entered into a conditional sale and purchase agreement with the Penang Development Corporation for the acquisition of a parcel of industrial land in Penang. Upon completion of the acquisition, we intend to embark on the construction of our new facility by channelling our initial public offering proceeds, which will enable us to scale up our operations, develop and market a wider range of smart manufacturing solution offerings.

    As of 30 June 2022, we have secured purchase orders totalling RM72.60 million, out of which RM61.16 million are expected to be fulfilled by the end of 2022 and RM11.44 million are expected to be fulfilled by the end of 2023.”

    About CNERGENZ Berhad
    CNERGENZ Berhad (CNERGENZ) was incorporated in Malaysia on 6 August 2021 as a private limited company under the name CNERGENZ Sdn. Bhd. and assumed the present name upon conversion to public company on 23 September 2021.

    The Group is principally an investment holding company. Through its subsidiary, SiP Technology Sdn. Bhd., CNERGENZ is an electronic manufacturing solutions provider, specialising in surface mount technology (SMT) manufacturing solutions for the electronics and semiconductor industries (E&S Industries). The Group’s solutions and services are typically provided to customers who are looking to commission new integrated production lines or automate their production facilities, based on their operational requirements, budget and capital expenditure.

    CNERGENZ mainly serves electronics and semiconductor companies that carry out the assembly of the advanced semiconductor packaging products as well as assembly and testing of printed circuit board assembly (PCBAs). For more information, visit cnergenz.com.

  • ShareInvestor’s 15th INVESTFair Goes Physical Again and Attracts Strong Response from Investors, Sponsors and Exhibitors

    ShareInvestor’s 15th INVESTFair Goes Physical Again and Attracts Strong Response from Investors, Sponsors and Exhibitors

    • Resumption to onsite from Covid-19 virtual spurs interest from avid investors
    • Event to be held on 27 Aug 2022 Suntec Exhibition Hall 404
    • “Era of borderless investing” theme resonates well with investing community
    • Pent-up demand for ideas and strategies in increasingly complex investing environment
    • Line-up of top tier speakers, panel discussions, product exhibitors and Lucky Draws

    ShareInvestor Pte Ltd (SI or the Group), a leading regional media and technology company focused on equity market data, investor relations (IR), and investor education, announced today that its premier annual event INVESTFair has attracted a strong response from the investing community.

    The event’s “Era of Borderless Investing” theme resonates well with an investing community that now leverages on technology to trade “any product, any market, any time”.

    The Group’s 15th edition of INVESTFair is a large-scale onsite event that will be held on Saturday 27th August 2022 from 9am to 6pm, at Suntec Singapore Convention and Exhibition Centre, Hall 404. To date, sponsors include SGX Group, Moomoo Singapore, TD Ameritrade Singapore, SPH Media, FTSE Russell, CSOP Asset Management, City Index, Lim and Tan Securities, USMART, Webull, Tiger Brokers, UOB Asset Management etc.

    The event is expected to draw a sizeable crowd of retail and mass affluent investors. Entrance is free of charge, and visitors can register at https://investfair.com.sg/register.html

    Mr Christopher Lee, CEO, ShareInvestor Group said “INVESTFair has been an annual event that investors have looked forward to since 2007. This year’s line-up of top tier speakers, insightful panel discussions, innovative product exhibitors and generous lucky draws promises to make it an even more enjoyable as well as educationally enriching event.”

    Mr Gavin Chia, Managing Director, Moomoo Singapore and a Platinum Sponsor of the event said, “Our vision is to revolutionize Singapore’s investing landscape by promoting both investor education and intelligent investment strategies. Investing is truly borderless. Many investors look to follow experts’ ideas and strategies to create a sustainable, lasting wealth portfolio in a complex investing environment.”

    “Moomoo Singapore has strived to promote financial literacy through various partnerships that inspire and empower investment decisions. This year, Moomoo Singapore has returned to the physical INVESTFair, offering investors an opportunity to connect with industry veterans to share insights and learn strategies for shielding assets against market volatility and global inflation.” Added Gavin Chia.

    Mr Greg Baker, CEO of TD Ameritrade Singapore, said, “We are delighted to be a partner of INVESTFair once again, and to be a part of conversations that aim to help Singapore investors take better control of their financial lives. In today’s fast-moving market, the most important asset investors can have is knowledge that will help them to trade quickly, decisively, and efficiently. We look forward to sharing how investors can stay on top of market trends and make more-informed investment decisions when trading in the U.S. markets, by leveraging our educational resources and thinkorswim(R) suite of platforms.”

    To know more about INVESTFair, please visit https://www.investfair.com.sg

    About ShareInvestor (www.shareinvestorholdings.com)
    A leading regional media and technology company, ShareInvestor Pte Ltd (SI) was founded in 1999 to empower investors to make informed investment decisions. SI focuses on providing investor relations, market data and investor education services, and operates the largest investor relations network in the region.

    Over the past, 22 years, the SI Group has grown from 12 staff in Singapore to more than 130 staff in five countries (Singapore, Malaysia, Thailand, Indonesia and Australia). It has also made strategic investments in investor relations/public relations firm, Waterbrooks Consultants Pte Ltd (https://www.waterbrooks.com.sg/), and Singapore’s leading social media platform for investors, Investing Note Pte Ltd (https://www.investingnote.com).

    SI (https://www.shareinvestor.com/) provides online market data for multiple markets across its online platform tools ShareInvestor Station(TM), ShareInvestor WebPro(TM) and ShareInvestor Mobile. Its other products include Investor-One (https://www.investor-one.com/), a website on investor education, market news, corporate developments, and data analytics; as well as INVEST Magazine published weekly in Malaysia and monthly in the Singapore version.

    It also assists public listed companies and financial institutions with their corporate website designs and technology services. SI organizes financial investment seminars and conferences for investors. Its annual large-scale events INVEST Fair(TM) ( https://investfair.com.sg ) in Singapore and Malaysia draws thousands of participants.

    For more information, please contact:
    Media Contact:
    Mr Wayne Koo
    Mobile: +65-9338-8166
    Office: +65-6958-8008
    Email: query@waterbrooks.com.sg, wayne.koo@waterbrooks.com.sg

    Event Contact:
    Ms Zhao Yan Jing
    Office: +65-6958-8019
    Email: yanjing.zhao@shareinvestor.com, events@shareinvestor.com

  • The Economic Times Iconic Brands 2022

    The Economic Times Iconic Brands 2022

    The 5th edition of The Economic Times Iconic Brands of India that will be held on September 29 in Mumbai will feature remarkable brands which have redefined the benchmark in their respective fields through their legacy and sustainability in India and global market. We will honour such brands from PAN India which have shaped the growth of India and are fulfilling the dream of millions of Indians.

    Why Attend?
    – Share best practices followed by innovative and employee-friendly companies
    – Inclusive session that will enable attendees to interact and engage with leaders through interesting and thought-provoking discussions
    – Case studies of how iconic brands are outperforming in their industries
    – A networking opportunity with fellow winners and others in the business community
    – Gain insights into what your customers will be clamoring for in coming years & how you can deliver now
    – Meet and greet forefront leaders from across the country and Learn about the practices followed by iconic brands

    Are you an iconic brands? Nominate yourself – et.edge@timesgroup.com

    Join us for the most Iconic Event in the town!

    For more information: https://et-edge.com/conferences/iconicbrands/.

  • Trintech Announces Latest Release of CadencyDirect to Drive Greater Efficiency and Control across the Financial Close Process for ServiceNow Customers

    Trintech Announces Latest Release of CadencyDirect to Drive Greater Efficiency and Control across the Financial Close Process for ServiceNow Customers

    CadencyDirect 2.0 Features New Bi-Directional Workflows, Greater Journal Entry Management Capabilities, and a More Enhanced User Experience

    Trintech, a leading provider of cloud-based financial close solutions for the Office of Finance, today announced the latest release of CadencyDirect which extends digital workflows for the Office of Finance with new bi-directional workflows for close tasks, enhanced Journal Entry management capabilities, and a greater user experience.

    “With this release, we are helping F&A teams continue to achieve enhanced visibility and control of critical financial data in order to handle risk with confidence,” said Michael Ross, Chief Product Officer of Trintech. “With these new bi-directional workflows, ServiceNow customers are positioned to reduce complexity and risk, accelerate the overall process, and drive a greater experience for their teams.”

    Key capabilities of this release include:

    • Bi-Directional Workflows: Users can individually or bulk close or reopen tasks within the ServiceNow(R) Application
    • Enhanced Journal Entry Dashboard: Users can now filter and view all Journal Entry detail components
    • Enhanced User Experience: Users can now access the CadencyDirect platform in a one-click, SSO-enabled user experience

    “We are continuing to see companies driving digital transformation initiatives, including within the Office of the CFO,” said Erica Volini, Senior Vice President, Global Alliances & Partner Ecosystem at ServiceNow. “Instrumental in our partnership with Trintech, CadencyDirect is representative of the technology investments companies must make to drive business transformation. CadencyDirect connects a historically siloed finance team to the broader enterprise for better collaboration, improved employee experience and enhanced operational excellence.”

    CadencyDirect is certified as part of the ServiceNow Built on Now(TM) program that complements and extends financial operations management so that CFOs and their teams can digitize workflows across the financial close process – helping to reduce complexity and risk, accelerating the overall process, and driving a greater experience for the entire enterprise. The platform combines all financial close activities into a single, seamless process, including operational matching, intercompany transaction management, balance sheet reconciliations, journal entry management, close task management and compliance and provides a connected, collaborative ecosystem by leveraging a mature and very robust set of financial controls, along with deep automation and integration capabilities that seamlessly connects with leading ERPs such as SAP(R), Oracle(R), and NetSuite(R).

    Whether you’re an experienced ServiceNow user looking to synchronize your mature or in-progress digital transformation, or just starting your transformation journey, CadencyDirect is where Financial Transformation meets Digital Transformation. For more information, please contact either your appropriate ServiceNow or Trintech representative or go to www.trintech.com/CadencyDirect for more information.

    About Trintech
    Trintech Inc., a pioneer of Financial Corporate Performance Management (FCPM) software, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and bank fee analysis, to governance, risk and compliance – Trintech’s portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the company’s cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.

    Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.

    ServiceNow, the ServiceNow logo, Now, Now Platform, and other ServiceNow marks are trademarks and/or registered trademarks of ServiceNow, Inc. in the United States and/or other countries.

    Media Contact:
    Kelli Shoevlin
    Sr. Manager, Global Corporate Marketing & Communications
    kelli.shoevlin@trintech.com

    SOURCE: Trintech, Inc.

  • Paribus Announces New Development Updates

    Paribus Announces New Development Updates

    Paribus, a cross-chain borrowing and lending protocol for NFTs, announced today multiple development updates regarding their protocol and ecosystem.

    The protocol built for Cardano, delivers alternative liquidity options for NFTs, synthetics and other digital Assets. The NFT module screens have been completed for CryptoPunks and the Bored Ape Yacht Club with more integrations scheduled to be released in the coming weeks.

    Frontend

    As well as a search bar integration, a user now has the ability to pull NFT metadata on demand. Aside from the NFT module work the company’s devs have also completed the language switch, displaying the daily interest along with other live metadata including dynamic liquidation points for NFTs.

    Backend

    Backend development has continued to drive NFT module integration such as completing the data collection for the rarity status of the NFT collections the protocol supports including API integration with the frontend as well as data points related to valuation aspects such as the age of the selected NFT.

    As well as completing the control panel documentation for the backend, a glitch was resolved related to timing issues that caused an error when the DApp was fetching metadata for CryptoPunks. Contracts were completed for CryptoPunks and the Bored Ape Yacht Club collections and they’re now working on Doodles.

    In addition, valuation micros services for the NFT module such as integrating with CryptoSlam is driving rapid deployment of the protocol’s API3 integration which is quickly progressing through Q&A. The team has also confirmed the final approach to NFT liquidations and that’s now being applied to the protocol’s smart contracts.

    Design

    Updates includes additional built-in functionality into the UI / UX such as the search bar and NFT modules. Updates for the dark mode has been completed and the team is working towards a demo version of the DApp which should be ready to test in the coming weeks. Please register for early access: https://paribus.io/#

    Paribus (PBX) is publicly traded on Kucoin, Gate and Uniswap.

    About Paribus

    Paribus, a cross-chain borrowing and lending protocol for NFTs, synthetics and exotic digital assets.

    Medium: https://medium.com/@paribus_io
    Source: Plato Data Intelligence https://platodata.io

  • Singapore embraces untapped potential of AI at Trescon’s 36th global edition of World AI Show

    Singapore embraces untapped potential of AI at Trescon’s 36th global edition of World AI Show

    The 36th edition of World AI Show wrapped with a two-day power-packed conference that acted as a vital driver for Singapore’s bold vision of using innovation and technology; to broaden its goals by bringing together government leaders and an inspirational line-up of AI experts and solution providers. Over 50 speakers from all over the world, including important stakeholders in Singapore’s digital revolution spoke at the event.

    The conference was based on assisting major organisations and enterprises from both the public and private sector in developing and delivering best practices to drive AI innovation and adoption in Singapore. It presented varied insights and points of view from a diverse industry by exchanging ideas, addressing significant learning, and emphasising new developments from the business, government, and professional sectors.

    Some of the top speakers who attended World AI Show that took place on the 3rd and 4th of August 2022 included:

    • Jason See; Senior Director, Data Science & Artificial Intelligence Division (DSAID), GovTech, Singapore
    • Sutowo Wong; Director, Data Analytics, Ministry of Health, Singapore, Singapore
    • Dennis Khoo; Director (Port Systems), Maritime and Port Authority of Singapore (MPA), Singapore
    • Simon Chesterman; Senior Director of AI Governance, AI Singapore, Dean, Faculty of Law & Vice Provost (Educational Innovation), National University of Singapore, Singapore
    • Miao Song; Global Chief Information Officer, GLP, Singapore
    • James Ang; Senior Vice President, APAC, Dataiku, Singapore
    • Alex Aung; Director; Sales Engineering (South Asia), Dataiku, Singapore
    • Adrian Tan; Solutions Engineer, Alteryx, Singapore
    • Alex Hoehl; Regional VP, ASEAN & Korea, Denodo, Singapore
    • Amit Sawarkar; Director of Strategic Partnerships, TigerGraph, Singapore
    • Steven Hoi; MD of Salesforce Research Asia, Salesforce, Singapore
    • Ashish Pandey; Advisory Solution Consultant, ServiceNow, Singapore
    • Serene Keng; Country Manager, Singapore, Channel and Alliance Head APAC, TigerGraph, Singapore
    • Vidhu Gautam; MD, Easy Data Analytics Pte Ltd, Singapore
    • Danielle Jiang; Deputy Director – AI Development Office, FinTech Innovation Group, Monetary Authority of Singapore (MAS)
    • Shivam Bansal; Senior Data Scientist, H2O.ai, Singapore
    • Vidhu Gautam; MD, Easy Data Analytics Pte Ltd, Singapore
    • Tauhid Abddul Jalil; Principal Consultant, Southeast Asia, Laiye and more.

    Jason See; Senior Director, Data Science & Artificial Intelligence Division (DSAID), GovTech, Singapore, spoke at length on the topic ‘Outlining how the government is using AI to enhance government services’. He made strong points and was quoted saying, “By automating government processes and using data analytics, the government is able to improve the quality and efficiency of its services. The government is also using AI to better understand the needs of its citizens and to provide them with personalised services.”

    Sutowo Wong; Director, Data Analytics, Ministry of Health, Singapore, Singapore on ‘Building the Foundation for Resident Centric Health’. He was quoted saying, “AI has the potential to transform and automate the healthcare industry, but it’s no silver bullet. AI works most effectively when it’s coupled with human experts, who can use its analytical power to refine and augment its results. AI can improve efficiency for providers, but it can’t be expected to help providers alone transform a broken health-care system.”

    While delivering his tech talk on ‘How to Formulate a Winning AI Strategy?’, Alex Aung, Director, Sales Engineering (South Asia), Dataiku, Singapore, stated, “Try to remove frictions, build resilience, create culture and bet your AI journey and AI models will optimize all your businesses across the board.”

    One of the most prominent panel discussions witnessed at the event discussed ‘AI & Data Strategy: Driving innovation in data science maturity to create value in organizations.’ The speakers on the panel included Sutowo Wong, Director, Data Analytics, Ministry of Health, Singapore, Singapore; Son Tran, Chief Information Technology Officer, Prudential Vietnam, Prof. Simon Chesterman, Senior Director of AI Governance, AI Singapore, Dean, Faculty of Law & Vice Provost (Educational Innovation), National University of Singapore, Singapore; Dr. Steven Hoi, Managing Director, Salesforce Research Asia; Dr. Meri Rosich, Chief Data Officer, Standard Chartered Bank and Moderated by Arivuvel Ramu, Group Chief Technology Officer TONIK (Digital Bank).

    In this panel discussion, panellists gave their insights on how AI and data strategies help organisations make smarter business decisions and how AI can be used to forecast business outcomes and consumer outcomes which will help organisations improve their products and services, increase customer satisfaction, reduce costs, create new revenue streams, and reduce risk.

    Another notable panel discussion during the event covered the topic ‘Unlocking the true benefits of AI in the field of customer experience.’ The speakers on the panel included Dietmar Bohmer, Chief Analytics Officer, Tyme; Sourabh Chitrachar, Regional VP (Asia) – Technology Strategy & Ops, Liberty Mutual Insurance; Ashish Kulkarni, Director and Product Owner, Standard Chartered Bank; Moderated by Geetha Gopal, Head of Infrastructure Projects Delivery and Digital Transformation, Panasonic Asia Pacific.

    The panel addressed how regional digibanks are using AI to compete with well-established market competitors, propelled by the power of data, increased customer satisfaction, and optimization of customer service hours spent by proactive use of sentiment analysis and conversational AI. Industry-specific regulations are driving their applicable AI boundaries, as well as the possibility and need for industry-agnostic AI standards. Changing operating models to use trustworthy data and processes and complement a clearly defined AI business strategy.

    Miao Song, Global CIO, GLP, Singapore shared insights on ‘AI and Digital Transformation in a changing world.’ She was quoted saying, “Digital transformation is the art of understanding today’s challenges, building for the future, and capturing today’s opportunities. This requires firms to use AI, automation, analytics, and supply chain visibility to achieve a competitive edge. AI is a journey, not a destination.”

    Adrian Tan; Solutions Engineer, Alteryx, Singapore, while delivering his tech talk on ‘The Democratization of Analytics: Scale the impact of analytics across the organization’, stated, “We need to make analytics easy. We have to go from data to insights in a matter of seconds and minutes as compared to days and weeks. We need to be able to cover everything right from ELT and data prep, all the way through advanced analytics, spatial analysis, and even automated insights.”

    “We are happy to close yet another fantastic World AI Show in Singapore. The love and respect this series have received once again is extremely good for not just for Trescon, but the entire tech community in Singapore and beyond. We’re sure that we’re well on the way to make this event one of Singapore’s most important, and well-attended AI conference,” stated Mithun Shetty, CEO, Trescon.

    The 36th global edition of World AI Show is officially sponsored by:

    About World AI Show

    World AI Show is a thought-leadership-driven, business-focused, global series of events that take place in strategic locations across the world. It connects top AI experts, enterprises, government representatives, data scientists, technology leaders, startups, investors, researchers, academicians, and global AI innovators – to discuss the impact of AI on commercial applications and the revolutionary ways it can transform businesses and government functions.

    About Trescon

    Trescon is a global business events and consulting firm that provide a wide range of business services to a diversified client base that includes corporations, governments and individuals. Trescon is specialized in producing highly focused B2B events that connect businesses with opportunities through conferences, roadshows, expos, demand generation, investor connect and consulting services.

    For more information visit: worldaishow.com

    For further details about the announcement, please contact:

    Jagriti Jaiswal
    Marketing Lead, Trescon
    media@tresconglobal.com

  • Elite Partners continues acquisition spree with the purchase of a warehouse in Poland

    Elite Partners continues acquisition spree with the purchase of a warehouse in Poland

    Elite Partners Capital has completed an off-market acquisition of a warehouse in Radomsko, Poland for close to EUR30 million. This marks the firm’s third purchase within a span of six weeks, after announcing acquisitions in UK and Netherlands.

    The asset is well-located in Central Poland, being in the immediate vicinity of the A1 motorway, national roads DK 42 and DK 91, as well as key railway junctions. It is the first facility within “LOOGIC Park Radomsko” logistics park which will eventually house 11 warehouse halls totalling 380,000 sqm over 80 hectares of land.

    The warehouse provides a total usable area of approximately 54,000 sqm and achieved an ‘Excellent’ BREEAM certification. It was constructed by FB ANTCZAK, Polish general contractor, as a Built-to-Suit facility for JYSK, a big box retailer of household goods. JYSK is the largest Danish retailer operating internationally with over 3,000 stores in 48 countries globally. The warehouse is used primarily for high-volume storage and is strategically located near the main JYSK Distribution Center. This allows JYSK to distribute goods efficiently and lower transport costs, ultimately having a positive effect on the environment through reduction of CO2 emissions.

    This is the first Polish acquisition for the second series of EPC’s Logistic Funds. “Following our recent string of successful investments, we are pleased to announce the acquisition of the Polish warehouse facility that is fully let to JYSK,” said Mr Victor Song, CEO of Elite Partners Capital. “We are no stranger to the Polish market and have forged trusted relationships on the ground. Because of this, we are able to efficiently source for select opportunities that provide attractive returns even in today’s volatile market.”

    Elite Logistics Fund II continues to focus on building a portfolio of high-quality logistics warehouse or infrastructure across Europe and the UK.

    For this transaction, DLA Piper (Legal) advised Elite Partners Capital and AXI IMMO Group acted for the Vendor.

    About Elite Partners Capital

    Incorporated in 2017, Elite Partners Capital is a Singapore-based licensed fund manager. The Elite Logistics Fund series has a Pan-European strategy focusing on prime logistics assets in the high-growth and defensive sectors.

  • Bintai Kinden Appointed by South Korean Company to Market Piping and Fitting Products

    Bintai Kinden Appointed by South Korean Company to Market Piping and Fitting Products

    Mechanical and electrical (M&E) engineering services specialist Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998) is pleased to announce that Bintai Energy Sdn Bhd has been appointed by World Standard Materials Co. Ltd. (WSM) to sell and market flanges, plates, tubes, pipe, coils and fittings for the chemical and petrochemical industries.

    En. Azri Azerai, Executive Director of Bintai Kinden

    Bintai Energy is 51% owned by Bintai Kinden through its wholly-owned subsidiary, Kejuruteraan Bintai Kindenko Sdn Bhd. WSM was founded in 1999 in Busan, South Korea. The company is involved in manufacturing and trading of industrial steel products. The company supplies to various industries internationally, including oil and Gas, power generation, shipbuilding, chemical and petrochemical industries.

    As part of the appointment, WSM will work with Bintai Energy to seek opportunities as well as provide the necessary technical and competitive price support of the products while Bintai Energy will be responsible for the promotion of WSM’s products. The collaboration is for a period of three years.

    En. Azri Azerai, Executive Director of Bintai Kinden said, “The collaboration with WSM enables us to widen our product offerings to the chemical and petrochemical industries important for their role in the value-chain of other industries such as plastics and automotives as they supply the raw materials.”

    “We are delighted to have the opportunity to work with WSM, whose research and development efforts have been rewarded with quality flanges, pipes and fittings that are used in the chemical and petrochemical industries. We look forward to working together to grow the market for WSM’s products in Malaysia.”

    Mr. Ahn Byung Hwan, President of WSM said, “We are looking forward to working with Bintai Energy to bring our products to the Malaysian market. We believe that together, both parties will be able to make inroads into the chemical and petrochemical industries.”

    Bintai Kinden Corporation Berhad: 6998 [BURSA: BKC], http://bintai.com.my/