NEW YORK-Wednesday 10 July 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- Moody’s Analytics, a global provider of financial intelligence, has won six categories in the 2019 Risk Technology Awards.

    Bank ALM System of the Year
    Credit Data Provider of the Year
    Wholesale Credit Modelling Software of the Year
    Enterprise-Wide Stress Testing Product of the Year
    IFRS 9 – ECL Modelling Solution of the Year
    IFRS 9 – Enterprise Solution of the Year

“This recognition from Risk is highly gratifying,” said Mark Almeida, President of Moody’s Analytics. “Our clients face many different challenges, which Moody’s Analytics can solve with our unique combination of data, models, software, and services. These awards showcase our extensive capabilities and success in solving our clients’ problems.”

“We a ... Read more »

• Heat-stable carbetocin has been added to the WHO Essential Medicines List of uterotonics for the prevention of excessive bleeding after childbirth1

• Excessive bleeding after birth, also known as postpartum haemorrhage (PPH), is the leading direct cause of maternal mortality worldwide2

• WHO guidelines recommend heat-stable carbetocin for PPH prevention in settings where oxytocin is unavailable or its quality cannot be guaranteed, and where its cost is comparable to other effective uterotonics3*

• Heat-stable carbetocin was developed by Ferring Pharmaceuticals to address limitations in refrigeration and cold-chain transport of medicines in low- and lower-middle income countries4

SAINT-PREX, Switzerland-Tuesday 9 July 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Ferring Pharmaceuticals today welcomes the World Health Organization’s (WHO) addition of heat-stable carbetocin to the WHO Model List of Essential Medicines ... Read more »

NEW YORK-Wednesday 10 July 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Moody’s Analytics, a global provider of financial intelligence, has won two 2019 Risk Technology Awards for its IFRS 9 solutions:

» IFRS 9 – Enterprise Solution of the Year

» IFRS 9 – ECL Modelling Solution of the Year

These are two of six categories won, spanning finance, accounting, regulatory, and credit functions.

The International Financial Reporting Standard (IFRS) 9 and Current Expected Credit Loss (CECL) accounting standards require financial institutions to measure and report on the future performance of their portfolios and businesses. While firms of all sizes must meet these standards, each institution is likely to face some unique challenges.

Moody’s Analytics offers modular and flexible solutions to meet these unique needs, including forecast scenarios, advisory services, and ImpairmentCalc™ software that integrates a ... Read more »

● CEO Richard Ells says the disruptive software update will unlock a transformational second half to 2019 for Electroneum.

● Electroneum joins the likes of IBM and Facebook in launching a new type open ledger coined the Moderated Blockchain.

● Electroneum’s ETN cryptocurrency is becoming increasingly appealing to the corporate world as well as governments, paving the way to partnerships that will help improve the lives of many while also leading the way in sustainability.

LONDON-Tuesday 9 July 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- Electroneum has focused on progress and standing out in the crypto space and beyond through technologically disruptive developments since launch of its highly successful ICO in September of 2017. As a result of the relentless creativity of the talented tech team, the time has come for another transformational software update. And because the update places Electroneum’s new Moderated Blockchain (a ... Read more »

ZURICH-Tuesday 9 July 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- ABB and the Italian company FIMER S.p.A announced today that they have signed an agreement for FIMER to acquire ABB’s solar inverter business. The transaction will enhance the future prospects of the solar inverter business and will enable ABB to focus its business portfolio on other growth markets.

ABB’s solar inverter business has approximately 800 employees in more than 30 countries, with manufacturing and R&D sites located in Italy, India and Finland. It includes the solar inverter business from Power-One which was acquired by ABB’s Discrete Automation and Motion division in 2013. The business offers a comprehensive portfolio of products, systems, and services for different types of solar installations. It is currently within ABB’s Electrification business and achieved revenues of approximately $290 million in 2018.

Both companies will ensure a smooth transition for cu ... Read more »

 Four in 10 (38%) organizations appoint a CISO due to concerns over the number of breaches occurring in the last 12 months

75% of organizations rely on access management to secure their external users’ logins to online corporate resources

PARIS LA DÉFENSE -Tuesday 9 July 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- According to new research from Thales, almost half (49%) of businesses believe cloud apps make them a target for cyber-attacks. Surveying 1,050 IT decision makers globally, Thales’ 2019 Access Management Index1 revealed that cloud applications (49%) are listed in the top three reasons an organization might be attacked, just behind unprotected infrastructure such as IoT devices (54%) and web portals (50%).

With cloud applications now a crucial part of day-to-day business operations, the majority (97%) of IT leaders believe that cloud access management is necessary to continue their cloud adoption. However, despite four in 10 (38%) ... Read more »

•    ABB to install advanced collaborative robotics for medical laboratories and hospitals, starting with new healthcare hub at Texas Medical Center in Houston, US, in October

•    New facility at Texas Medical Center’s innovation campus to focus on non-surgical medical Robotics systems

•    Global market estimated to reach nearly 60,000 non-surgical medical robots by 2025, almost quadrupling vs. 2018

ZURICH-Wednesday 10 July 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- ABB announced that it will introduce collaborative robots to medical laboratories as it opens a new healthcare hub at the Texas Medical Center (TMC) innovation campus in Houston, Texas.

The facility will be ABB’s first dedicated healthcare research center when it opens in October 2019. ABB’s research team will work on the TMC campus with medical staff, scientists and engineers to develop non-surgical medical ... Read more »

NEW YORK-Tuesday 9 July 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- Moody’s Analytics, a global provider of financial intelligence, has won Bank ALM System of the Year in the 2019 Risk Technology Awards. It’s one of six categories won, spanning finance, accounting, regulatory, and credit functions.

We earned this recognition for our RiskConfidence™ ALM system, which helps banks improve their financial performance with enterprise-wide asset-liability management. By integrating enterprise-wide analytics, it can be used for a range of regulatory and business needs including managing interest rate risk, funds transfer pricing, liquidity management, and IFRS 9 impairment calculations.

“Our goal is to give clients a full picture of how to solve their risk-related challenges,” said Yannick Fessler, Senior Director, Banking RegTech Product Management. “With the RiskConfidence solution, we offer a high-value, highly efficient, cloud-read ... Read more »

NEW YORK-Tuesday 9 July 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- Moody’s Analytics, a global provider of financial intelligence, has won Enterprise-Wide Stress Testing Product of the Year at the 2019 Risk Technology Awards. It’s one of six categories won across finance, accounting, regulatory, and credit functions.

Traditionally, stress testing exercises have required the participation of many groups within an institution and often took several months to complete. Today, banks must be able to respond to regulatory and management requests faster, while also extracting business value from the results.

Moody’s Analytics helps banks overcome the challenges of stress testing. Our solutions improve data quality and integrity and make efficient use of resource and technology investments, while delivering industry-leading Moody’s Analytics modeling expertise.

“Stress testing plays a critical role in how banks manage risk. Understan ... Read more »

 LiDAR technology leader expands its presence in APAC region with its security installation

SUNNYVALE, Calif.-Tuesday 9 July 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- Quanergy Systems, Inc., a leading provider of LiDAR (Light Detection and Ranging) sensors and smart sensing solutions, today announced that its proprietary LiDAR perimeter security system, QORTEX DTC™ (Detection, Tracking, Classification) Solution, will be used to protect a large scale security facility in South Korea. This installation, which includes the mass deployment of LiDAR sensors and software licenses, greatly expands Quanergy’s leadership in the APAC region.

Korea is in the process of upgrading its security systems to include the latest innovations and technology advancements. Current camera-based systems and traditional perimeter intrusion prevention technology no longer provide the necessary awareness to protect critical security facilities.

This ... Read more »

BOSTON-Tuesday 9 July 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- State Street Corporation (NYSE:STT) today announced that it has appointed Jörg Ambrosius as head of its UK, Europe, Middle East and Africa (EMEA) business. Ambrosius, an 18-year State Street veteran will report to Francisco Aristeguieta, the newly appointed head of State Street’s international business. Ambrosius will succeed Liz Nolan who was named head of State Street’s Global Delivery team, managing global operations and infrastructure, earlier this year. Ambrosius will also serve on State Street’s Management Committee, its senior-most strategy and policy making group. Ambrosius’s appointment is subject to regulatory approval.

As head of State Street for EMEA, Ambrosius will be responsible for all business activities in the region including driving strategy, stewarding client engagement, developing talent, overseeing risk management, pursuing growth opportunities as well as managin ... Read more »