PRINCETON, N.J. and BANGALORE, India, May 13 (Bernama-GLOBE NEWSWIRE) -- Indegene, a technology-led healthcare solutions provider today announced the appointment of industry commercialization expert, Nancy Phelan, as SVP for its global digital-first omnichannel commercialization business, based in the US.
Nancy is a recognized life sciences thought leader, digital pioneer and change agent with 25+ years of experience in commercial strategy and operations. Prior to Indegene, she co-led the Transformation Management Office at Novartis as its Vice President, Business Transformation and previously was VP, Head, Neuroscience Franchise Patient and Specialty Services. A passionate patient and customer champion, Nancy previously was CEO, Adhera Therapeutics and in the past, has held diverse, senior leadership positions in customer and market engagement, communications and marketing at Pfizer, Wyeth, Bristol-Myers Squibb and Schering-Plough. She also brings significant advisor and board experience from a diverse set of public and private companies and organizations including, FemmePharma Consumer Healthcare, Eved, HATCH@Takeda and the Pharma Digital Health Roundtable.Monday, May 16, 2022
Thursday, May 12, 2022
Cloudflare-Open Source Community team-up creates API Standards for future applications
KUALA LUMPUR, May 10 (Bernama) -- Cloudflare Inc has announced collaborating with Deno and individual core contributors of the Node.js open source project, bringing together three of the largest JavaScript environments, to give developers flexibility and choice while creating the standards of the future of edge computing.
According to a statement, by collaborating around a common set of standards, the effort will aim to ensure code developed in one environment, will work in another.
Any developer will be able to write and run code conforming to the set of standards–and easily transfer it–between Cloudflare Workers, Deno, and Node.js seamlessly and without the need to rewrite an application.
“Cloudflare Workers has helped to define the standard for edge computing. Since 2017, more than 450,000 developers have built on Cloudflare’s developer platform and more than three million applications have been launched,” said co-founder and CEO of Cloudflare, Matthew Prince.
“But we know we're not going to be the only one. We think that standards are important to driving the industry forward. That's why we're proud to be working with these other organisations in the serverless computing space to help define the standard for edge—what we believe will be the standard by which the applications of the future are developed.”
Cloudflare, Deno, and Node.js represent three of the largest JavaScript environments available to developers today.
With this effort, developers will benefit from common standards, so they can easily work across all environments based on the needs of their business and have confidence that their code will work for users today, and in the future.
The Web-interoperable Runtimes Community Group is working with leading organisations including NearForm and Vercel to ensure that developers’ voices were heard in the creation of a new community group working within existing standards bodies.
The API Standards allow developers to use the best tool or framework for the job; have a uniform approach to writing server side code; and, move applications as technology needs change.
Headquartered in San Francisco, CA, Cloudflare Inc is on a mission to help build a better Internet. More details at www.cloudflare.com.
-- BERNAMA
Saturday, May 7, 2022
SmartStream unveils Eligibility API for Fast Access to Collateral Optimisation
KUALA LUMPUR, May 5 (Bernama) -- SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, has announced a new solution, Eligibility API for Collateral Management Optimisation – a faster and more efficient way to get eligibility information contained within collateral agreements like CSA, GMRAs and OSLA’s, for both pre and post-trade collateral optimisation.
With the impending UMR (Uncleared Margin Rules) phase 6 regulatory regime being implemented in September 2022, volumes of margin calls are expected to increase and there will be an inevitable squeeze on assets being pledged as collateral.
This will result in a rise in demand for High Quality Liquid Assets (HQLA). In addition, with Interest rates forecast to rise – firms are looking at pre and post-trade optimisation so as to efficiently use scarce HQLA and Cash.
With this new solution SmartStream will provide firms with a way to publish eligible collateral for each legal agreement, which can then be consumed by their optimisation engines, according to a statement.
Program Manager, Collateral Management, SmartStream, Jason Ang said: “We realise the UMR deadline is fast approaching, and we have made it easy for clients to deploy our new solution, and to manage future versions without the need for lengthy implementation projects.
“Furthermore, having a public API strategy, lowers the cost-of-ownership of the collateral solution. The demand for this new API is high and we are having conversations with the major banks on how they can use our eligibility to optimise their collateral in preparation for the future.”
To achieve optimisation, a key component is the ability to access eligibility schedules from OTC and repo collateral systems quickly and easily. Seamlessly accessing what is eligible, and what haircuts apply to instruments across all agreements is fundamental.
SmartStream’s new API allows fast and easy access to collateral, including the ability to upgrade seamlessly. In addition, the new solution allows the sourcing of eligibility information in real-time.
More details at www.smartstream-stp.com.
-- BERNAMA
BEST'S MARKET SEGMENT REPORT: AM BEST MAINTAINS NEGATIVE OUTLOOK ON INDIA'S NON-LIFE INSURANCE MARKET
SINGAPORE, May 5 (Bernama-BUSINESS WIRE) -- AM Best has maintained its negative market segment outlook on India’s non-life insurance segment, citing insurers’ reliance on investment income to offset persistent underwriting losses as a key factor.
The Best’s Market Segment Report, titled, “Market Segment Outlook: India Non-Life Insurance,” states that key lines of non-life business, including health, motor and crop insurance, have been challenged for several years by poor underwriting performance. Despite an improvement in the fiscal year ended 31 March 2021, the market’s combined ratio remained unfavourable, at 115%, compared with approximately 120% in the previous two fiscal years. The state-owned insurance companies, which accounted for 45% of earned premium in fiscal-year 2021, posted a combined ratio of over 120%. These companies help to enforce government insurance schemes and increase insurance penetration by offering lower-priced products. While this approach benefits policyholders, it constrains the insurers’ profitability. AM Best expects a deterioration in technical metrics in fiscal-year 2022, driven by a further decline in health insurance results.
Friday, May 6, 2022
MONETAGO NAMED BEST FINTECH STARTUP IN TRADE BY GLOBAL TRADE REVIEW
LONDON & SINGAPORE & NEW YORK, May 6 (Bernama-BUSINESS WIRE) -- Financial technology solutions provider MonetaGo has been awarded ‘best fintech startup in trade’ by Global Trade Review.
The annual GTR Leaders in Trade awards celebrate the achievements of pioneering institutions and top performers in the trade, commodity, supply chain, export finance and fintech markets.This award recognises MonetaGo’s systematic progression towards helping industry make trade finance faster, better and safer for all financiers and bona fide borrowers, as the world’s provider of trade finance deduplication technology. In its award submission, MonetaGo was able to demonstrate the track record and maturity of its solution, and how it has built credibility among major global financial institutions through numerous industry partnerships, including the integration of its Secure Financing system onto Swift’s global API-enabled infrastructure as a single point of access for financial institutions worldwide.
“This award is a further testament to our relentless efforts to address fraud to dramatically improve the trade finance experience for lenders and their clients alike,” says Jesse Chenard, CEO and founder of MonetaGo. “By bridging information barriers among and between banks, platforms and regional solutions, MonetaGo makes it possible to prevent double-funding fraud globally in ways that were not possible before. It’s an honour to have been recognised by GTR for our work.”
This recognition follows previous accolades for the Secure Financing system. Most recently, it has been recognised as Best Solution in Trade Finance at the AMTD DigFin Innovation Awards at the Hong Kong Fintech Week 2021, and as Most Effective Bank-Fintech Partnership at the IBS Intelligence Global Fintech Innovation Awards 2021.
A full write-up of the Leaders in Trade winners will appear in the Q3 2022 issue of GTR.
Saturday, April 23, 2022
SMARTTRADE ACCELERATES ELECTRONIC TRADING INNOVATION
KUALA LUMPUR, April 22 (Bernama) -- smartTrade Technologies has announced that four months after its acquisition of Toronto-based TickTrade Systems, the companies are now working together as one unified group.
Operating under the smartTrade name, the combined company delivers industry-leading FX trading technologies to a global client base across Europe, North America and Asia
For the past four months, smartTrade’s 280+ eFX experts across the globe have pooled their collective knowledge to re-invent electronic trading to meet today’s new market structure challenges whilst anticipating the ever more digital trading world of tomorrow.
As part of this ongoing commitment to innovation, smartTrade is now releasing a combined LiquidityFX next-generation (LFX-NG) platform combining the best of both pre-existing solutions, according to a statement.
LFX-NG relies on the award-winning secure, reliable, and scalable ultra-low latency cloud platform on which smartTrade has built its reputation for excellence. Combining innovation from both companies’ pre-existing solutions, LFX-NG offers a wide range of modules from AI-driven analytics to state-of-the-art cryptocurrencies trading through advanced workflows for all client segments.
Financial institutions can customise and tailor their trading and post-trade workflows to the exacting needs of their client, be it a large institutional buy-side, a Fortune 500 corporate, a regional corporate, SME or a retail consumer. With fully integrated workflows covering spot, forward, NDF’s, Options, Cryptocurrencies, Payment Routing all underpinned by AI predictive analytics; the LFX-NG solution can be deployed as a full stack or individual modules meaning it’s never been easier to integrate.
The flexibility and agility of LFX-NG allows for tailored pricing and trading strategies to be developed and rolled out in a matter of months. This agile deployment is made possible by smartTrade’s in-house team of eFX experts supported by a proven standardized implementation methodology.
David Vincent, CEO of smartTrade, said: “I am very proud of what we have achieved in such a short time. Our relentless passion to serve our customers and wider industry participants has allowed us to deliver an extremely compelling next generation platform.
“LFX-NG brings leading innovation and technologies together, each complementing the other, creating a unique breadth and depth of electronic capabilities for all types of financial institution.”
For more information, visit www.smart-trade.net.
-- BERNAMA
Friday, April 22, 2022
PALFISH CHOOSES VONAGE TO ENHANCE CUSTOMER ACQUISITION AND POST-PURCHASE SERVICES
Vonage Communications APIs enhance and build improved customer experiences
SINGAPORE, April 20 (Bernama-BUSINESS WIRE) -- Vonage (Nasdaq: VG), a global leader in cloud communications helping businesses accelerate their digital transformation, is enabling China-based edtech platform PalFish (伴鱼) to seamlessly connect with current and potential customers across multiple communications channels using the Vonage Communication Platform.PalFish is a professional private online tutoring platform designed for English language learners from 3 - 12 years old and based on Pearson academic programs. With thousands of overseas students across South Asia on its platform, PalFish offers short duration classes of 25 minutes each through various interactive tools, helping kids maintain high attention to achieve an ideal learning outcome.
Vonage Communications APIs allow developers to easily enhance and build intelligent, intuitive customer experiences directly into their existing applications and devices. By embedding the Vonage Voice API and Messages API for WhatsApp communications into its platform, PalFish is able to connect with teachers, parents and students at scale, across geographies and channels.
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