Monday, May 25, 2026
ICHAM UNVEILS SINGAPORE VCC FUND TARGETING US EQUITIES
The fund aims to provide periodic income generation potential and total returns for investors and is available exclusively to accredited and institutional investors, according to ICHAM in a statement.
ICHAM Chief Executive Officer, Archan Chamapun said the investment strategy combines a value-orientated approach with an income-focused overlay within US equities to enhance income generation potential and total returns.
“The fund is designed to offer a sector rotation approach to US large-cap equities beyond traditional market cap weights,” he said.
Meanwhile, the fund’s lead Portfolio Manager, Felix Chew said the investment approach is designed to balance participation in equity markets while targeting periodic income distribution objectives across different market conditions.
With US equity valuations near historic highs and interest rates remaining volatile, the fund may appeal to accredited and institutional investors seeking income-orientated strategies in the current market environment.
Backed by academic research, the fund adopts a rules-based institutional investment framework focused on long-term risk management within a systematic investment framework for investors in the long term.
ICHAM has been serving accredited and institutional investors with tailored investment solutions since 2019 and is recognised for its expertise in alternative asset classes and structured products.
-- BERNAMA
Sunday, May 24, 2026
ABAXX LAUNCHES SILVER SINGAPORE FUTURES TRADING
The contract is designed to address the gap between global silver price formation and the physical requirements of Asia’s industrial silver market, where demand for higher-purity material is increasing across solar and advanced electronics supply chains.
By establishing a physically deliverable four-nines silver benchmark in Singapore, Abaxx SSP futures are intended to support more direct price discovery and hedging for commercial participants managing physical silver exposure in the region.
According to a statement, the Abaxx SSP futures contract is a United States dollar-denominated, 1,000-troy-ounce, physically deliverable product of 0.9999 fineness, with delivery into approved vaults in Singapore, including Brink’s Singapore.
Silver Institute President and Chief Executive Officer Michael DiRienzo said the launch marks a meaningful step forward for the global silver market, adding that Abaxx is addressing a long-standing gap in price discovery for Asia’s industrial silver users.
“The Silver Institute welcomes innovations that strengthen market infrastructure and give commercial participants better tools to manage their physical silver exposure,” he said.
SSP futures are available for trading from 10 am for 14 hours on weekdays, except Singapore public holidays.
-- BERNAMA
Thursday, May 21, 2026
InterSystems Expands Indonesia Presence with Jakarta Office
JAKARTA, Indonesia, May 22 (Bernama-BUSINESS WIRE) -- InterSystems, a creative data technology provider dedicated to solving critical scalability, interoperability, and speed challenges for its customers, today announced the opening of its new office in Jakarta. The opening marks a significant step in deepening the company’s long-term investment in Indonesia and supporting the country’s accelerating digital transformation across industries including financial services, supply chain, and healthcare.
The new office reinforces InterSystems commitment to Indonesia as a strategic growth market in Southeast Asia, enabling closer collaboration with customers, partners, and government stakeholders to address the country’s evolving data platform, interoperability, and digital infrastructure needs.
Indonesia’s digital economy is expanding rapidly, driven by strong growth in cloud computing, data platforms, and artificial intelligence (AI). Organizations across sectors are increasingly focused on integrating fragmented systems, unlocking real-time insights, and improving operational resilience through data-driven strategies.
This transformation is creating significant market opportunities. Across industries, demand is rising for high-performance data platforms that can support real-time analytics, seamless system integration, and AI-enabled decision-making.
InterSystems technologies, including the InterSystems IRIS® Data Platform and InterSystems IntelliCare™ unified healthcare information system, are deployed by organizations across Indonesia. The company works with enterprises, system integrators, and digital partners across financial services, logistics, and healthcare to enable interoperability, streamline operations, and support the adoption of AI.
“Indonesia is at an inflection point where organizations are looking to turn increasing volumes of data into actionable insight. There is a growing need for reliable, interoperable, and real-time data platforms that can support innovation at scale. The opening of our new Jakarta office reflects our long-term commitment to Indonesia and allows us to work more closely with customers and partners to help turn their ambitions into outcomes,” said Luciano Brustia, Regional Managing Director, Asia Pacific, InterSystems.
Priorities for the Expanded Local Presence
Through its expanded local presence, InterSystems is set to deepen engagement with its growing Indonesian customer base by delivering localized expertise and accelerating implementation timelines. The company will further strengthen collaboration with partners across financial services, supply chain, and healthcare sectors, while actively supporting national priorities around data integration, interoperability, and digital resilience.
InterSystems solutions address key challenges across industries, including data silos, fragmented systems, and the increasing need for real-time analytics to support operational and strategic decision-making. By enabling seamless data exchange and high-performance analytics, InterSystems helps organizations build more connected and resilient digital ecosystems.
About InterSystems
InterSystems, a creative data technology provider, delivers a unified foundation for next-generation applications for healthcare, finance, manufacturing, and supply chain customers in more than 80 countries. Our data platforms solve interoperability, speed, and scalability problems for large organizations around the globe to unlock the power of data and allow people to perceive data in imaginative ways. Established in 1978, InterSystems is committed to excellence through its 24×7 support for customers and partners around the world. Privately held and headquartered in Boston, Massachusetts, InterSystems has 38 offices in 28 countries worldwide. For more information, please visit InterSystems.com.
View source version on businesswire.com:
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Contact
Media Contact
Redhill Indonesia on behalf of InterSystems
Asep Budiman
Senior Account Manager
asep.budiman@redhill.asia
+62 813 9520 6113
Source : InterSystems
AUDIENCERATE APPOINTS RICCARDO FABBRI AS CTO
KUALA LUMPUR, May 21 (Bernama) -- Audiencerate Ltd, a data activation specialist, has appointed Riccardo Fabbri as Chief Technology Officer (CTO) to lead the company’s artificial intelligence (AI)-driven expansion initiatives.
The appointment marks a dual expansion phase for the Audiencerate–Postel–Microsoft platform serving Italian small and medium-sized enterprises (SMEs), as well as the data platform integrated with Google DV360 for agencies and data providers.
Audiencerate President, Gianluca Leotta said Fabbri brings extensive experience in digital transformation, cloud-native development and media technology.
According to the company in a statement, Fabbri will oversee the development of AI infrastructure integrating first-party and third-party data for its platform developed with Postel and Microsoft for Italian SMEs, alongside Google DV360-integrated solutions for global media agencies.
Co-founder of digital consultancy Nohup in 2004, Fabbri has more than two decades of experience in software development and cloud architectures. He later led the company through its acquisition by Havas Group in 2021.
Under Fabbri’s leadership, Audiencerate plans to accelerate AI and machine learning capabilities for predictive modelling and automated budget and bid management.
The company said its agency-focused platform will also expand the use of advertisers’ first-party data combined with third-party signals to support privacy-compliant audience modelling.
-- BERNAMA
MARQUEE BRANDS TO ACQUIRE MAJORITY STAKE IN ROBERTO CAVALLI
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| Roberto Cavalli Spring/Summer 2026 |
KUALA LUMPUR, May 21 (Bernama) -- Marquee Brands, the premier global brand management company, has announced a definitive agreement to acquire a majority interest in Roberto Cavalli through a strategic partnership with Dubai-based DAMAC Group.
The transaction is expected to close in the second quarter of 2026, after which DAMAC Group will remain a significant shareholder, according to Marquee Brands in a statement.
The acquisition further strengthens Marquee Brands’ position in the luxury and lifestyle sectors, bringing total portfolio-wide retail sales to approximately US$5 billion. (US$1=RM3.96)
“Roberto Cavalli stands as one of luxury’s defining Italian houses, with a bold creative identity and enduring brand ethos. In partnership with DAMAC, a leader in luxury real estate, we will continue to elevate the Roberto Cavalli experience worldwide,” said Marquee Brands Chief Executive Officer, Heath Golden.
Owned by funds managed by global investment firm Neuberger, Marquee Brands continues to expand its platform through the acquisition of heritage brands, with Roberto Cavalli becoming the 22nd brand in its portfolio.
The partnership is expected to expand Roberto Cavalli’s global reach across Europe, the United Kingdom, the United States, the Middle East, Asia Pacific and Latin America through new categories, services and experiential offerings.
DAMAC will continue to expand Roberto Cavalli-branded residences and hospitality projects across key global markets, reinforcing the luxury brand’s international presence.
As part of the transaction, Marquee Brands appointed Milan-based The Level Group as its core operating partner to oversee the development, manufacturing and distribution of the label’s women’s and men’s collections, as well as retail, e-commerce and wholesale operations.
-- BERNAMA
EC-Council Releases Certified CISO Hall of Fame 2025 Report, Defining the Rise of the AI-Era Cybersecurity Executive
ALBUQUERQUE, N.M., May 21 (Bernama-GLOBE NEWSWIRE) -- EC-Council, creator of the world-renowned Certified Ethical Hacker (CEH) credential and a pioneer in cybersecurity education and executive leadership development, has released its flagship Certified CISO Hall of Fame 2025 Report, a landmark global study that captures the transformation of cybersecurity leadership at a time when artificial intelligence, regulatory pressure, and enterprise risk are redefining boardroom priorities worldwide.
The report recognizes 50 cybersecurity executives from some of the world’s most influential organizations, including Microsoft, Google, Amazon Web Services, Citibank, PwC, KPMG, Accenture, and World Bank Group, reinforcing the growing influence of EC-Council’s Certified Chief Information Security Officer (CCISO) program in shaping the next generation of enterprise cybersecurity leadership.
Built from insights gathered from 346 Certified CISOs across more than 87 countries, the report stands among the industry’s most comprehensive studies focused exclusively on executive cybersecurity leadership. The findings reveal that organizations are rapidly shifting expectations for CISOs beyond technical oversight toward enterprise-wide business leadership, governance maturity, resilience strategy, financial accountability, and board-level influence.
At the center of this shift is artificial intelligence. According to the report, 3 in 4 respondents identified AI threat response capability as the single most essential executive cybersecurity leadership trait through 2028, while 80% confirmed their organizations are already integrating or transitioning toward AI-powered cybersecurity operations. The findings signal a decisive industry movement away from reactive security management toward predictive, intelligence-driven enterprise defense models.
The report also revealed:
- 100% of respondents recommend CCISO as part of the executive pathway for future cybersecurity leaders
- 98% reported stronger confidence in business-driven cybersecurity decision-making after earning the credential
- 97% stated the program improved their ability to communicate with boards and executive leadership teams
- Nearly 9 in 10 professionals credited CCISO with helping them transition from technical roles into executive leadership positions
- 3 in 4 respondents reported promotions or salary increases following certification
“Cybersecurity leadership is no longer confined to managing infrastructure or responding to incidents,” said Jay Bavisi, Group President, EC-Council. “Organizations today require leaders who can align cybersecurity with business priorities, communicate enterprise risk at the boardroom level, govern emerging technologies and AI responsibly, and guide resilience across increasingly complex digital ecosystems. As artificial intelligence rapidly reshapes enterprise operations and threat environments alike, the role of the CISO is evolving into one of the most critical leadership positions in modern business. The findings in the Certified CISO Hall of Fame 2025 Report reflect a profound global shift in how cybersecurity leadership is being defined.”
Unlike traditional technical certifications, CCISO is designed specifically for senior cybersecurity professionals operating at the executive and strategic level. The program emphasizes governance, enterprise risk management, security strategy, financial oversight, compliance, leadership communication, and organizational decision-making, enabling cybersecurity leaders to operate effectively within modern enterprise environments.
The CCISO certification is offered by an ANAB-accredited certification body in accordance with ISO/IEC 17024 requirements and is recognized under U.S. DoD 8140/8570 frameworks. The credential continues to gain adoption across Fortune 500 enterprises, government agencies, military organizations, financial institutions, healthcare providers, energy companies, and critical infrastructure sectors globally.
The report further highlights how cybersecurity leadership is increasingly influencing investor confidence, operational continuity, regulatory readiness, enterprise trust, and long-term business growth as organizations navigate a rapidly evolving AI-driven threat landscape.
“The future CISO will not be measured only on technical capabilities to defend infrastructure and systems,” Bavisi added. “They will be measured by how effectively they manage AI-driven risk, guide business resilience, govern emerging technologies, and build organizational trust at scale.”
The full Certified CISO Hall of Fame 2025 Report is now available through EC-Council’s official website.
About EC-Council:
EC-Council is the creator of the Certified Ethical Hacker (CEH) program and a leader in cybersecurity education. Founded in 2001, EC-Council’s mission is to provide high-quality training and certifications for cybersecurity professionals to keep organizations safe from cyber threats. EC-Council offers over 200 certifications and degrees in various cybersecurity domains, including forensics, security analysis, threat intelligence, and information security.
An ISO/IEC 17024 accredited organization, EC-Council has certified over 400,000 professionals worldwide, with clients ranging from government agencies to Fortune 100 companies. EC-Council is the gold standard in cybersecurity certification, trusted by the U.S. Department of Defense, the Army, Navy, Air Force, and leading global corporations.
Media Contact:
press@eccouncil.org
Visit us on LinkedIn
SOURCE: EC-Council
Wednesday, May 20, 2026
AMII’S UPPER BOUND OPENS WITH 53 PCT ATTENDANCE SURGE
KUALA LUMPUR, May 20 (Bernama) -- Alberta Machine Intelligence Institute (Amii) has opened the fifth edition of its Upper Bound artificial intelligence (AI) conference in Edmonton, Canada, reporting a 53 per cent year-on-year increase in attendance.
The four-day event, which began on May 19, is hosting around 11,000 researchers, business leaders, policymakers, students, and educators from 22 countries.
Amii Chief Executive Officer (CEO), Cam Linke said the growth of Upper Bound reflects the rapid acceleration of AI adoption and innovation globally.
“We are immensely proud to have built a premier platform where a unique cross-section of attendees can connect, ensuring that diverse perspectives shape the next five years of AI innovation. This is where an optimistic AI future is both imagined and realised,” said Linke in a statement.
Amii attributed the event’s growth to sold-out passes, expanded community-led sessions, and K-9 school takeovers, reinforcing the conference’s position within Canada’s AI ecosystem.
The conference features participation from government leaders, including Evan Solomon, Eleanor Olszeweski, Nate Glubish, and Myles McDougall. Industry representatives from Google, Anthropic, Meta, Sony AI, Electronic Arts and Mozilla are also participating in the event.
Amii said Upper Bound additionally serves as a training platform for national initiatives, including the AI Workforce Readiness programme and AI Pathways, which provide AI skills training for students and energy sector workers.
Conference sessions will focus on areas including AI for healthcare, generative AI for business productivity, ethical governance, AI literacy, energy and environmental applications, and emerging AI research trends.
-- BERNAMA
Thursday, May 14, 2026
KIOXIA TARGETS PERFORMANCE SEGMENT WITH LATEST SSD SERIES
KUALA LUMPUR, May 14 (Bernama) -- Kioxia Corporation has unveiled the KIOXIA XG10 Series solid state drives (SSDs), its latest high-performance client storage solution engineered for personal computer (PC) original equipment manufacturers (OEMs).
Targeting the performance segment, the new KIOXIA XG10 Series leverages PCIe 5.0 technology to significantly elevate speed and responsiveness across data-intensive client applications.
Designed as the successor to the KIOXIA XG8 Series, the latest SSD adopts the PCIe 5.0 interface, enabling improvements in both sequential and random performance, according to Kioxia in a statement.
Compared with the previous generation, the new drives deliver up to twice the sequential read performance and more than double the sequential write performance, as well as approximately 122 per cent higher random read and 158 per cent higher random write performance, supporting faster data access and improved system responsiveness.
The KIOXIA XG10 Series is engineered to meet the needs of high-performance client system environments, including professional applications, private artificial intelligence training and inference, content creation and editing workflows, as well as immersive gaming experiences.
The series supports sequential read speeds of up to 14,000 megabytes per second (MB/s), sequential write speeds of up to 12,000 MB/s, random read performance of up to 2,000 KIOPS, and random write performance of up to 1,600 KIOPS.
The KIOXIA XG10 Series is currently sampling to select PC OEM customers, with PC shipments equipped with the SSD expected to begin from the second quarter of 2026.
-- BERNAMA
Wednesday, May 13, 2026
Mavenir Selected For MagtiCom’s Nationwide Small Cell Deployment
KUALA LUMPUR, May 12 (Bernama) -- Mavenir, a cloud-native software company, has been selected by MagtiCom, Georgia’s largest telecommunications provider, as the strategic small cell technology partner for a nationwide deployment project.
Mavenir in a statement said it will supply its full range of fourth-generation (4G) and fifth-generation (5G) small cell technology, including hardware, software, management and orchestration solutions, following a successful trial earlier this year.
The nationwide deployment is expected to commence during the second quarter of 2026, starting with beta testing for priority residential, small office and enterprise customers ahead of full rollout later this year.
Mavenir Executive Vice President and General Manager IMS & RAN, Sachin Karkala said the company’s small cell solutions are designed to deliver capacity, coverage and energy efficiency across residential, enterprise and rural applications.
“We are proud to partner with MagtiCom to support its innovation agenda and help expand high-performance mobile connectivity and a superior digital experience for customers across Georgia,” he said.
Meanwhile, MagtiCom Chief Technology Officer, Vasil Melikidze said the partnership will strengthen the company’s efforts to expand capacity, improve indoor coverage and support growing demand for high-speed mobile data.
“This strategic collaboration will enhance the digital experience for our customers and reinforces MagtiCom’s role in driving Georgia’s next chapter of mobile innovation,” added Melikidze.
MagtiCom provides mobile telephony, fibre-optic internet, Internet Protocol television (IPTV) and Voice over Internet Protocol (VoIP) services to more than three million customers, consistently maintaining a leading position in the market.
Mavenir’s portfolio of cloud-native small cell solutions delivers 4G and 5G coverage across indoor, outdoor, enterprise, rural and private network environments, supporting sectors including Industry 4.0, healthcare, retail, aviation and maritime.
-- BERNAMA
Hong Kong and New Zealand among the 10 easiest jurisdictions to do business in, says the GBCI 2026
LONDON, May 13 (Bernama-GLOBE NEWSWIRE) -- TMF Group, a leading provider of compliance and administrative services, today launches the 13th edition of the Global Business Complexity Index (GBCI), which shows that operating across borders is becoming more demanding as regulations diverge and reporting obligations expand.
The GBCI analyses 81 jurisdictions representing over 90% of the world’s economy, ranking them from most (1) to least complex (81) to do business in. Based on 292 indicators per jurisdiction, the report focuses on the challenges businesses face across accounting and tax, legal entity management and employment requirements.
Hong Kong, SAR and New Zealand are among the top 10 least complex jurisdictions for doing business globally. These jurisdictions have consistently ranked as low complexity, given a stable, simple regulatory environment and robust digital infrastructure supporting it.
India ranks as the 13th most complex jurisdiction, with a federal structure in which central and state regulations intersect. While new reforms add layers of complexity in the short term, these changes, alongside a more business-oriented policy direction, have the potential to open new opportunities for foreign firms in the long term.
Japan, Taiwan and Singapore rank among the medium-to-low complexity jurisdictions. Japan’s (54th) efforts to attract inward investment include simplified processes for international financial firms, initiatives to attract highly skilled foreign talent and preferential tax treatment for asset managers. Taiwan, ROC (50th), combines ongoing digital transformation with investment-friendly programmes, despite regulatory and geopolitical challenges. Singapore (47th) continues to benefit from strong digitalisation, alignment with international accounting standards, a low corporate tax rate, a competitive corporate tax regime, and an extensive network of double tax treaties.
The top 10 most complex jurisdictions worldwide are led by Latin American and EU jurisdictions.
Greece ranks for the third consecutive year as the most complex jurisdiction in the world, mainly due to frequent legislative changes and ongoing regulatory reforms. Mexico is the second most complex, driven by frequent regulatory changes, unpredictable administrative requirements, evolving digital requirements and unclear expectations by the tax authorities. Brazil ranks as the third most complex, with a multi-layered tax system and frequent regulatory changes and heavy compliance demands, alongside inconsistent rules at federal, state, and municipal levels.
Top and bottom 10 jurisdictions (1= most complex, 81= least complex)
| 1. Greece | 72. Curacao |
| 2. Mexico | 73. Malta |
| 3. Brazil | 74. British Virgin Islands |
| 4. France | 75. Czech Republic |
| 5. Turkey | 76. New Zealand |
| 6. Colombia | 77. Netherlands |
| 7. Bolivia | 78. Hong Kong, SAR |
| 8. Italy | 79. Jersey |
| 9. Argentina | 80. Denmark |
| 10 Peru | 81. Cayman Islands |
About TMF Group
TMF Group is a leading provider of critical administrative services, helping clients invest and operate safely around the world. Our 13,000 experts and 125 offices in 87 jurisdictions worldwide serve corporates, financial institutions, asset managers, private clients and family offices, providing the combination of accounting, tax, payroll, fund administration, compliance and entity management services essential to global business success.
We work with the majority of the Fortune Global 500 and FTSE 100, covering sectors as diverse as capital markets, private equity, real estate, pharmaceuticals, energy and technology.
TMF Group – we make a complex world simple. www.tmf-group.com
Media Contacts
Marina Llibre Martin, Global PR Manager
marina.llibremartin@tmf-group.com
SOURCE: TMF Group B.V.
Boomi Announces FY26 APJ Partner Award Winners
The awards highlight organizations that are leveraging the full breadth of the Boomi Enterprise Platform to activate data, simplify complexity, and accelerate agentic transformation — enabling customers to innovate faster, address evolving business challenges, and deliver meaningful impact across industries and communities.
"The pace of transformation across APJ has never been greater, and our partners are at the heart of it, translating the promise of data activation," said Jim Fisher, Vice President of Channels and Partners, APJ at Boomi. "These awards recognise partners who don't just implement technology but reimagine what's possible, helping organisations build the connected, AI-ready foundations they need to compete and grow."
Fisher added, "The Boomi APJ Partner Awards are a reflection of what we can achieve together. Our partner ecosystem continues to set the standard for innovation and impact, and we look forward to building on that momentum in the year ahead."
The FY26 APJ winners by category include:
- APJ Partner of the Year – Atturra
- APJ Growth Partner of the Year - EasyStepIn
- ANZ Partner of the Year – Atturra
- ASIA Partner of the Year – EasyStepIn
- Greater China Partner of the Year - Atturra
- India Partner of the Year – EasyStepIn
- Japan Partner of the Year – Nomura Research Institute (NRI)
- Southeast Asia Partner of the Year – Lancia Consult
Join us at Boomi World Tour Sydney on 1-2 September 2026. Register for the event https://boomi.com/boomiworld/boomi-world-tour-sydney/
Additional Resources
Boomi, the data activation company for AI, powers the agentic enterprise by bringing data to life across the business. The Boomi Enterprise Platform is the active data foundation that delivers essential agentic infrastructure to drive agentic transformation. By unifying agent design and governance, API and MCP management, integration and automation, and data management into a single platform, Boomi enables organizations to harness the power of AI with secure, scalable connectivity. Trusted by over 30,000 customers and supported by a network of 800+ partners, Boomi helps organizations of all sizes achieve agility, efficiency, and innovation at scale. Discover more at boomi.com.
© 2026 Boomi, LP. Boomi, the ‘Boomi’ logo, the ‘B’ logo, and Boomiverse are registered trademarks of Boomi, LP or its subsidiaries or affiliates in the US and other countries. All rights reserved. Other names or marks may be the trademarks of their respective owners.
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Contact
Media Contact:
Jasmine Ee
Head of Influencer Relations, APJ
jasmine.ee@boomi.com
Source : Boomi
Monday, May 11, 2026
AM BEST ASSIGNS EXCELLENT CREDIT RATINGS TO TOKIO MARINE NEWA INSURANCE
KUALA LUMPUR, May 11 (Bernama) -- AM Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a+” (Excellent) to Taiwan’s Tokio Marine Newa Insurance Co Ltd (TMNewa), with a stable outlook.
In a statement, AM Best said the credit ratings (ratings) reflected TMNewa’s very strong balance sheet strength, adequate operating performance, neutral business profile and appropriate enterprise risk management.
The ratings also factor in the rating enhancement from its parent, Tokio Marine & Nichido Fire Insurance Co Ltd (TMNF), which is the main insurance operating entity of Tokio Marine Holdings Inc.
TMNewa, Taiwan’s fourth-largest non-life insurer with a 7.6 per cent market share in 2025, focuses primarily on motor insurance through links with Taiwan-based Yulon Group.
The global credit rating agency said TMNewa’s risk-adjusted capitalisation remained at the strongest level at end-2025, supported by retained earnings, shareholder capital injections, conservative investments and strong liquidity.
AM Best added that TMNewa returned to favourable operating performance following underwriting losses linked to pandemic-related products in 2022, with return on equity reaching 25.7 per cent in 2025.
The expense ratio benefits from the company’s sustained control over management expenses and commissions, along with the increased scale, and remains below the market average.
Going forward, TMNewa is targeting profitable growth in non-motor business lines, including fire and liability insurance for small to medium-sized enterprises, while being disciplined on large commercial risks.
-- BERNAMA
Sunday, May 10, 2026
CYNREN FORMED TO SERVE FAMILY OFFICES, FUNDS, INSTITUTIONS
Operating globally through a network of senior advisors, investors and partners, the firm was co-founded by Anthony Cowell, Sunil Nair and Scott Lennon, specialising in family office, fiduciary and directorship roles, board-level strategy, impact and philanthropic structuring, as well as complex risk consulting.
According to a statement, Cowell and Nair are co-chief executive officers of the firm, and Lennon is the Global Head of Fiduciary, with additional appointments to be announced.
“We built CYNREN to reflect the reality our clients face today, combining a global network of experienced advisors with technology that allows us to scale, so we can be present at the moments that matter most and help clients navigate complexity with clarity,” added Cowell.
Cowell previously served as KPMG Global Lead Engagement Partner, KPMG IMPACT Regional Head of Asset Management and Regional Head. Nair was formerly Founding Partner and Managing Partner of Citi Venture Capital International, while Lennon founded 19 Degrees North Fund Services and has served as an independent director to alternative asset funds.
The firm’s leadership team also includes Lexi Bowes-Lyon as Global Head of Impact and Markets, Claire Griffin as Chief Operating Officer, and Arnaud van Dijk as Global Head of Sustainability.
CYNREN is supported by an Advisory Board comprising leaders across finance, technology and global business, including media and entertainment executive Leo Pearlman and engineering and artificial intelligence leader Stephen Toebes.
Together, the leadership team brings experience across global asset management, private equity, fund governance and sustainable finance, advising sovereign wealth funds, alternative asset managers and multi-generational family offices.
-- BERNAMA
Abaxx Advances Digital Title Toward Commercial Implementation; Names Alta as First Singapore Integration Partner
Agreement supports the formation of a Singapore-based VCC structure to enable the use of money market fund shares as T+0 collateral at Abaxx Clearing
In December 2025, Abaxx demonstrated in a pilot that its Digital Title can provide a legally enforceable and operational mechanism to instantly mobilize money market fund shares as collateral for margin and financing. Evidence of legal title transferred immediately on margin call, giving the receiving party direct ownership of the underlying money market fund shares, rather than a pledged claim exposing them to an insolvency gap, while the original holder continued to earn yield on the same principal throughout the transaction.
Following the successful pilot, Abaxx has moved from pilot transactions to commercial partnerships, engaging with Alta to advance the use of money market fund shares as T+0 collateral for margin at Abaxx Clearing.
Abaxx and Alta have signed a letter of engagement to partner in the establishment of a Singapore-based Variable Capital Company (“VCC”) umbrella structure, including a sub-fund designed to invest in USD-denominated money market instruments and short-term fixed income securities, to support the use of those fund shares as T+0 collateral within Abaxx Clearing, while allowing yield on those assets to continue to accrue.
The VCC will be a Singapore-regulated open-ended fund vehicle designed for institutional use, providing the legal structure for those fund shares to be recognized as collateral within Abaxx Clearing, subject to regulatory approval. Alta is a Singapore-licensed fund management company, and will serve as fund manager for the VCC structure.
“This partnership with Abaxx Technologies marks a pivotal moment in extending Alta’s fund management capabilities into the cash and collateral space,” said Kelvin Lee, Group CEO, Alta. “Money market funds are highly liquid, short-duration vehicles invested in short-term debt instruments. The Abaxx Alta MMF is built for clearing participants: members holding margin at Abaxx shouldn’t have to choose between liquidity and yield, and by structuring the sub-fund’s units to function as T+0 collateral, we give them both. This works alongside Abaxx’s Digital Title technology, with real-time visibility into the sub-fund’s holdings across all parties providing the transparency required for the units to function as live collateral, something difficult to achieve under traditional settlement timelines. We’re proud to be Abaxx’s first integration partner, and optimistic about what this infrastructure can unlock for institutional markets.”
Initial margin held at the ten leading clearinghouses totaled approximately $915.7 billion at the end of 2024¹. Firms hold trillions more in commodities and securities that are not widely used as collateral, while assets that are in motion often move on T+1 cycles, requiring FCMs to maintain precautionary capital reserves.
Abaxx Digital Title pairs cryptographically secured evidence of ownership with verified identity to convert commodities and securities into high-velocity, yield-bearing T+0 instruments, enabling their use as collateral and supporting a more capital-efficient global trading system. To view a demonstration of Digital Title mobilizing money market fund shares for collateral, visit https://digital-title.abaxx.tech.
¹ Futures Industry Association, Tokenisation: Accelerating the Velocity of Collateral, 2025.
About Abaxx Technologies
Abaxx Technologies is building Smarter Markets: markets empowered by better tools, better benchmarks, and better technology to drive market-based solutions to the biggest challenges we face as a society, including the energy transition.
In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is the majority shareholder of Abaxx Singapore, the owner of Abaxx Exchange and Abaxx Clearing, and the parent company of wholly owned subsidiaries Abaxx Spot Pte. Ltd. and Adaptive Infrastructure.
Abaxx Exchange delivers the market infrastructure critical to the shift toward an electrified, low-carbon economy through centrally-cleared futures contracts, including physically-deliverable and financially-settled products, in LNG, carbon, battery materials, precious metals, and weather-indexed renewables, meeting the commercial needs of today’s commodity markets and establishing the next generation of global benchmarks.
Abaxx Spot modernizes physical gold trading through a physically-backed gold pool in Singapore. As the first instance of a co-located spot and futures market for gold, Abaxx Spot enables secure electronic transactions, efficient OTC transfers, and is designed to support physical delivery for Abaxx Exchange’s physically-deliverable gold futures contract, providing integrated infrastructure to deliver smarter gold markets.
Adaptive Infrastructure closes critical gaps in post-trade infrastructure by providing a unified custodial foundation across environmental markets and digital title assets. Incorporated in Barbados and regulated by the Financial Services Commission of Barbados, the company delivers institutional-grade custody, settlement, and transfer agency services designed to reduce risk and improve reliability across asset classes.
Abaxx Labs is the Company’s center for engaging with the developer community to create the next generation of technology that will build smarter markets through open-source software tools that promote the use of Abaxx’s ID++ technologies.
For more information, visit abaxx.tech | abaxx.exchange | abaxxspot.com | basecarbon.com | smartermarkets.media
For more information about this press release, please contact:
Steve Fray, CFO
Tel: +1 647-490-1590
Media and investor inquiries:
Abaxx Technologies Inc.
Investor Relations Team
Tel: +1 246 271 0082
E-mail: ir@abaxx.tech
Cautionary Statement Regarding Forward-Looking Information
This press release includes certain “forward-looking statements” and “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable United States and Canadian securities laws. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “believe”, “anticipate”, “estimate”, “project”, “intend”, “expect”, “may”, “will”, “plan”, “should”, “would”, “could”, “target”, “purpose”, “goal”, “objective”, “ongoing”, “potential”, “likely” or the negative thereof or similar expressions.
In particular, this press release contains forward-looking statements including, without limitation, Abaxx’s objectives and future plans, statements about the development and commercial implementation of Digital Title, Abaxx’s strategy for engaging with commercial partners related to the implementation of Digital Title, receipt of regulatory approvals, anticipated benefits of the commercial implementation of Digital Title to Abaxx and Abaxx’s role in the development of commodities and energy markets. Forward-looking statements are based on the reasonable assumptions, estimates, analyses and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Such factors and assumptions impacting forward-looking information include, among others: assumptions about the potential market opportunity and commercial adoption of Digital Title; receipt of required regulatory approvals for the implementation of Digital Title; availability of technical resources; market demand for the Company’s products and services; risks relating to the global economic climate; dilution; Abaxx’s limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for Abaxx to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of proprietary rights; the effect of government regulation and compliance on Abaxx and the industry; acquiring and maintaining regulatory approvals for Abaxx’s products and operations; the ability to list Abaxx’s securities on stock exchanges in a timely fashion or at all; network security risks; the ability of Abaxx to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. In addition, particular factors which could impact future results of the business of Abaxx include but are not limited to: the failure of energy markets and collateral use cases to develop according to the expectations of Abaxx; operations in foreign jurisdictions; protection of intellectual property rights; contractual risk; third-party risk; clearinghouse risk; malicious actor risks; third- party software license risk; system failure risk; risk of technological change; dependence of technical infrastructure; changes in global weather patterns; changes in the price of commodities, restrictions on labor and international travel and supply chains, and the risk factors identified in the Company’s most recent management’s discussion and analysis filed on SEDAR+. Abaxx has also assumed that no significant events occur outside of Abaxx’s normal course of business.
Abaxx cautions that the foregoing list of material factors is not exhaustive. In addition, although Abaxx has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, or intended. When relying on forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Abaxx has assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking statements and information contained in this press release represents the expectations of Abaxx as of the date of this press release and, accordingly, is subject to change after such date. Abaxx undertakes no obligation to update or revise any forward-looking statements and information, whether as a result of new information, future events or otherwise, except as required by law. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements and information. Cboe Canada does not accept responsibility for the adequacy or accuracy of this press release.
SOURCE: Abaxx Technologies Inc.
--BERNAMA
Saturday, May 9, 2026
Xenco Medical Named To TIME100, Wins 2026 Health Impact Award
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| Time Magazine has named pioneering medical technology company Xenco Medical as one of the TIME100 Most Influential Companies in the World and the Winner of the 2026 TIME100 Impact Award in Health. |
KUALA LUMPUR, May 4 (Bernama) -- Xenco Medical has been named to the TIME100 Most Influential Companies in the World and the Winner of the 2026 TIME100 Impact Award in Health by Time Magazine.
In a statement, the medical technology company said it was the sole recipient of the health category award this year, recognising its impact on global healthcare.
According to Time Magazine, the TIME100 Most Influential Companies list highlights organisations making an extraordinary impact worldwide, while the TIME100 Impact Awards are presented to a limited number of recipients annually.
The recognition follows Xenco Medical being named the 2025 Medical Device/Diagnostics Company of the Year at the Trailblazer Awards in New York City.
“We are immensely honoured and profoundly humbled to be named the 2026 Winner of the TIME100 Impact in Health Award and a TIME100 Most Influential Company in the World.
“This recognition by TIME has only deepened our commitment to translate the promise of science into a transformative impact on the lives of our patients and their families,” said Xenco Medical Founder and Chief Executive Officer, Jason Haider.
Xenco Medical’s portfolio includes biomimetic implants, regenerative biomaterials, composite polymer surgical systems and software technologies such as artificial intelligence (AI)-enabled remote therapeutic monitoring and preoperative holographic surgical simulation.
Its platform enables surgeons to remotely monitor pain, rehabilitation adherence and motion recovery via AI-driven analytics during the bone remodelling process.
-- BERNAMA
Tuesday, May 5, 2026
Introducing Jumio Watch: Because Identity Risk Doesn’t End at Onboarding

Introducing Jumio Watch: Because Identity Risk Doesn’t End at Onboarding
Early studies show 25% more risk detected after onboarding — risk that is invisible to traditional identity verification
SUNNYVALE, Calif., May 5 (Bernama-BUSINESS WIRE) -- Jumio, the leading provider of AI-powered identity intelligence, today announced the launch of Jumio Watch, a first-of-its-kind continuous identity intelligence offering that fundamentally transforms how organizations understand and manage identity risk. Jumio Watch moves identity verification from a point-in-time decision into a dynamic, continuously evolving intelligence signal.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260430140369/en/
For decades, identity verification has operated on the flawed assumption that a decision made at onboarding remains valid indefinitely. In reality, a user verified today can become a significant fraud risk tomorrow as new patterns, connections and signals emerge that were simply not visible at the moment of original verification. Some users start with legitimate intentions but over time may become money mules or commit other types of first-party fraud.
At the same time, the rapid proliferation of AI is changing the game. Fraudsters are deploying highly sophisticated AI agents to scale their attacks using deepfakes, synthetic identities, and injection techniques (Jumio saw injection attempts increase 700% year over year).
Jumio Watch continuously analyzes identity signals to detect meaningful changes in risk long after verification is complete, with early studies showing up to a 25% increase in risk detection after initial onboarding. When new intelligence indicates that a previously approved verification may now present risk, Jumio customers are proactively alerted to investigate, allowing them to take action after the initial onboarding and verification event, and closing a major gap in traditional identity verification approaches.
"Risk evolves, and so should your identity strategy," said Bala Kumar, president and chief product and technology officer at Jumio. "With Jumio Watch, we are giving our customers something the industry has never offered: not just risk at onboarding, but also the ability to detect risk that only becomes visible over time. Decisions become dynamic instead of static as they are informed by new data, new signals, and broader context."
Jumio Watch is built on the Jumio Identity Graph. Unlike siloed point solutions, the Identity Graph continuously collects and analyzes patterns and connections from tens of millions of legitimate and fraudulent identities across businesses and industries globally — surfacing risk that no single customer environment could detect alone.
This ongoing, cross-customer intelligence is what sets Jumio Watch apart. Fraud patterns identified in one environment sharpen risk assessments across the entire platform, enabling faster, broader detection for every customer. And because the graph is anchored in verified, legitimate identity data, Jumio Watch goes beyond one-time risk assessment and provides ongoing risk assurance, as it continuously reinforces confidence in the decisions that remain sound.
Jumio Watch is designed for the teams on the front lines of identity risk — fraud investigators, compliance analysts, risk leaders, and security teams across financial services, crypto, gaming and marketplace platforms. Capabilities include:
- Post-verification flagging: Verifications that passed at onboarding are continuously reassessed, surfacing fraud that only becomes visible over time.
- Proactive risk alerts: Daily summaries notify fraud and compliance teams of new risk, enabling teams to act quickly before losses occur.
- Portfolio risk management: Continuous reassessment of the full customer base allows teams to minimize losses by acting on risky accounts while focusing growth and engagement efforts on healthy, verified customers.
- Investigation-ready portal views: Detailed alert visibility within the Jumio Portal gives investigators the context they need to assess and respond quickly.
- Flexible access controls: User-level permissions ensure the right people have visibility into alerts and investigation workflows.
Jumio Watch is available now, with additional capabilities planned throughout 2026 as Jumio continues to expand its continuous identity intelligence offerings. To learn more or schedule a demo, visit jumio.com.
About Jumio
Jumio helps organizations to know and trust their customers online. From account opening to ongoing monitoring, the Jumio Platform provides AI-powered identity intelligence anchored in biometric authentication, automation and data-driven insights to accurately establish, maintain and reassert trust.
Leveraging powerful automated technology including biometric screening, AI/machine learning, liveness detection and no-code orchestration with hundreds of data sources, Jumio helps to fight fraud and financial crime, onboard customers faster and meet regulatory compliance including KYC and AML. Jumio has processed more than 1 billion transactions spanning over 200 countries and territories from real-time web and mobile transactions.
Based in Sunnyvale, California, Jumio operates globally with offices and representation in North America, Latin America, Europe, Asia Pacific, and the Middle East, and has been the recipient of numerous awards for innovation. Jumio is backed by Centana Growth Partners, Great Hill Partners and Millennium Technology Value Partners.
For more information, please visit www.jumio.com.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20260430140369/en/
Contact
Media Contacts
U.S. Media Contact
Haleigh Kent-Bryant
10Fold Communications
jumio@10fold.com
810-516-5486
APAC Media Contact
Luke Nazir
FINN Partners
Luke.Nazir@finnpartners.com
+65 8139 2504
LATAM Media Contact
Giancarlo Aracena
Sentidos Comunicaciones
giancarlo@sentidoscomunicaciones.com
+56 9 7969 5161
Source : Jumio


