Monday, December 4, 2017
Sunday, December 3, 2017
INSULAR LIFE'S MUNICH RE ALLFINANZ ROLLOUT ENCOMPASSES PHILIPPINES' SPECTRUM OF CONNECTIVITY, LANGUAGES AND CULTURES
SINGAPORE, Nov 30 (Bernama-BUSINESS WIRE) -- Insular Life, the first life insurer in the Philippines to automate customer acquisition and underwriting, continues to expand the reach and deliverables of its ALLFINANZ-driven Automated Underwriting System (AUS).
To lead its fast-paced life insurance market, Insular Life resolved to digitize new-customer sign-up and registration. Automating the back office and integrating with Ingenium, its customer database, were additional criteria. Find Insular's full case study at this link.
According to Diana Abuel-Tagra, Vice President of Insular's New Business Division, "In the first month, sign-ups rose 65 percent and agents' use climbed 20 percent. Second month, case throughput rose an additional 283 percent. Our latest version underwrites new customers in 30 minutes, regardless of web latency.
"Our original selection factors show us daily benefits," says Abuel-Tagra. "Underwriters foresaw ALLFINANZ would empower them to change underwriting rules. We don't need IT for rules management."
"Insular was determined to hand agents persuasive and accelerated sales tools. We realised automation would modernise our image as much as it would streamline efficiency. Now, customers tell friends, and ambitious, tech-savvy agents seek us out.”
"We incentivise system adoption in agencies by installing sales kiosks and Wi-Fi in interested offices. Where a complex sale might previously have required six customer trips to gather incremental data, now it's three. But nearly all new business is fully automated. We've cut agent busy-work because our reflexive question trees predict data needs earlier. Even sales contests run more smoothly because AUS counts last-minute closes that previously went uncounted.”
"We're further innovating our industry by training agents' children in AUS so they can relay the technology to parents in comfortable home settings. Someday, those children may see they're pre-educated to become Insular Life agents!"
http://mrem.bernama.com/viewsm.php?idm=30677
To lead its fast-paced life insurance market, Insular Life resolved to digitize new-customer sign-up and registration. Automating the back office and integrating with Ingenium, its customer database, were additional criteria. Find Insular's full case study at this link.
According to Diana Abuel-Tagra, Vice President of Insular's New Business Division, "In the first month, sign-ups rose 65 percent and agents' use climbed 20 percent. Second month, case throughput rose an additional 283 percent. Our latest version underwrites new customers in 30 minutes, regardless of web latency.
"Our original selection factors show us daily benefits," says Abuel-Tagra. "Underwriters foresaw ALLFINANZ would empower them to change underwriting rules. We don't need IT for rules management."
"Insular was determined to hand agents persuasive and accelerated sales tools. We realised automation would modernise our image as much as it would streamline efficiency. Now, customers tell friends, and ambitious, tech-savvy agents seek us out.”
"We incentivise system adoption in agencies by installing sales kiosks and Wi-Fi in interested offices. Where a complex sale might previously have required six customer trips to gather incremental data, now it's three. But nearly all new business is fully automated. We've cut agent busy-work because our reflexive question trees predict data needs earlier. Even sales contests run more smoothly because AUS counts last-minute closes that previously went uncounted.”
"We're further innovating our industry by training agents' children in AUS so they can relay the technology to parents in comfortable home settings. Someday, those children may see they're pre-educated to become Insular Life agents!"
http://mrem.bernama.com/viewsm.php?idm=30677
Thursday, November 30, 2017
MIMOS' SMART CONTROLLER FOR BUILDINGS TO HARNESS FULL POTENTIAL OF INDUSTRIAL IOT
Paired with Reneon's energy management platform, the system enables direct control of energy consumption
BUKIT JALIL, Nov 30 (Bernama) -- National research and development (R&D) centre in information and communications technology (ICT), MIMOS through its unit MIMOS Semiconductor (M) Sdn Bhd (MSSB) has unveiled a smart controller system for smart buildings that allows facility managers to not only better understand their energy consumption patterns, but also have direct control over it.
The Secured Smart Controller (SSC) is an interlinked network of hardware and software, which monitor and control the environment, space and facilities in commercial and industrial buildings. The SSC system ensures optimum operational performance of the facility as well as the comfort, energy-saving and safety of building occupants.
BUKIT JALIL, Nov 30 (Bernama) -- National research and development (R&D) centre in information and communications technology (ICT), MIMOS through its unit MIMOS Semiconductor (M) Sdn Bhd (MSSB) has unveiled a smart controller system for smart buildings that allows facility managers to not only better understand their energy consumption patterns, but also have direct control over it.
The Secured Smart Controller (SSC) is an interlinked network of hardware and software, which monitor and control the environment, space and facilities in commercial and industrial buildings. The SSC system ensures optimum operational performance of the facility as well as the comfort, energy-saving and safety of building occupants.
VISTAJET ACHIEVES HIGHEST THIRD QUARTER REVENUE IN ITS HISTORY
Record results as company continues to gain market share across all markets
-Program Membership flights up 38% year-over-year
-Record number of Program Membership hours flown, up 32% year-over-year
-25% of Program Membership growth from North American market
-EBITDA grew 24% year-over-year
LONDON, Nov 30 (Bernama-GLOBE NEWSWIRE) -- VistaJet, the first and only global business aviation company, is delighted to announce record results in its third quarter trading update, driven by the continued demand for the company's flagship Program Membership with a 38% increase in revenue. The Program segment achieved a record 32% increase of new flights hours flown compared to Q3 2016.
-Program Membership flights up 38% year-over-year
-Record number of Program Membership hours flown, up 32% year-over-year
-25% of Program Membership growth from North American market
-EBITDA grew 24% year-over-year
LONDON, Nov 30 (Bernama-GLOBE NEWSWIRE) -- VistaJet, the first and only global business aviation company, is delighted to announce record results in its third quarter trading update, driven by the continued demand for the company's flagship Program Membership with a 38% increase in revenue. The Program segment achieved a record 32% increase of new flights hours flown compared to Q3 2016.
NASDAQ WINS BEST CLEARING TECHNOLOGY OF THE YEAR BY RISK.NET
STOCKHOLM, Sweden, Nov 30 (Bernama-GLOBE NEWSWIRE) -- The Market Technology business of Nasdaq (Nasdaq:NDAQ) has won ‘Best Central Counterparty Clearing Support Product of the Year’ awarded by Risk.net. The winning entry focused on the Nasdaq Financial Framework. The solution, originally launched in 2016, incorporates the world's leading multi-asset and real-time clearing, settlement and risk management. It represents a harmonized approach to delivering robust post-trade capabilities in an open, agile environment.
“We are thrilled to have won this prestigious award by Risk.net,” said Lars Ottersgård, Executive Vice President and Head of Market Technology, Nasdaq. “This recognition is a true testament to our technology and product teams who have relentlessly worked to evolve our solutions over the past year. Post-trade technology has now become one of—if not the most—integral and complex parts of market infrastructure. We look forward to continuing to innovate in this space and pushing the boundaries of how post-trade technology enhances and strengthens the capital markets.”
Nasdaq's Post-Trade Solution:
“We are thrilled to have won this prestigious award by Risk.net,” said Lars Ottersgård, Executive Vice President and Head of Market Technology, Nasdaq. “This recognition is a true testament to our technology and product teams who have relentlessly worked to evolve our solutions over the past year. Post-trade technology has now become one of—if not the most—integral and complex parts of market infrastructure. We look forward to continuing to innovate in this space and pushing the boundaries of how post-trade technology enhances and strengthens the capital markets.”
Nasdaq's Post-Trade Solution:
- Enables clearinghouses to handle the full-range of post-trade functions (clearing, settlement, and depository, including risk and collateral management) across multiple asset classes, covering securities, exchange-traded derivatives and over-the-counter derivatives across equities, fixed income, currencies and commodities;
- Improves operational efficiency for both the clearinghouse, its market participants and end-investors;
- Enhances capital and collateral efficiencies for its market participants, including end-investors;
- Improves and differentiates the customer experience, interaction and use of its services;
- Adopts best-in-class international practices within a robust regulatory framework;
- Ensures that the Nasdaq platform is prepared for increasing cross-border trading programs;
- Supports new product and service opportunities within and contiguous to the post-trade value chain and enable clearinghouses to pursue these; and,
- Allows clearinghouses to take advantage of the emergence of new financial technologies such as distributed ledgers based on blockchain technology, and help bring them to market quickly in areas where they make sense.
Nasdaq’s market infrastructure technologies, including trading, real-time risk, index, clearing, CSD and market surveillance systems are operated in more than 100 marketplaces, regulators, clearinghouses and central securities depositories across the Americas, Europe, Asia, Australia, Africa, the Middle East and the Caribbean.
About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $12 trillion. To learn more, visit: http://business.nasdaq.com
For Media Inquiries
Nasdaq
Ryan Wells
ryan.wells@nasdaq.com
Direct: +44 (0) 20 3753 2231
Mobile: +44 (0) 7809 596 390
NDAQG
Source : Nasdaq, Inc.
--BERNAMA
About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $12 trillion. To learn more, visit: http://business.nasdaq.com
For Media Inquiries
Nasdaq
Ryan Wells
ryan.wells@nasdaq.com
Direct: +44 (0) 20 3753 2231
Mobile: +44 (0) 7809 596 390
NDAQG
Source : Nasdaq, Inc.
--BERNAMA
BLUJAY SOLUTIONS UNVEILS MOBILESTAR
Mobility platform connects supply chain partners from end to end; delivers real-time strategic planning, tracking, and routing capabilities
MANCHESTER, United Kingdom & HOLLAND, Mich., Nov 30 (Bernama-BUSINESS WIRE) -- BluJay Solutions, a leading provider of supply chain software and services powered by the world’s first Global Trade Network (GTN), today unveiled its MobileSTAR mobility platform. MobileSTAR is a flexible, easy-to-deploy platform that manages the last-mile delivery experience for shippers and carriers of all types. It provides real-time connection and driver optimization capabilities through any mobile device to increase customer satisfaction, while reducing operational costs.
http://mrem.bernama.com/viewsm.php?idm=30673
MANCHESTER, United Kingdom & HOLLAND, Mich., Nov 30 (Bernama-BUSINESS WIRE) -- BluJay Solutions, a leading provider of supply chain software and services powered by the world’s first Global Trade Network (GTN), today unveiled its MobileSTAR mobility platform. MobileSTAR is a flexible, easy-to-deploy platform that manages the last-mile delivery experience for shippers and carriers of all types. It provides real-time connection and driver optimization capabilities through any mobile device to increase customer satisfaction, while reducing operational costs.
http://mrem.bernama.com/viewsm.php?idm=30673
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