Broadridge améliore l’accueil des clients post-négociation internationaux en utilisant la plateforme SaaS de qualité des données de PeerNova

SAN JOSE, Californie, 3 nov. 2021 /PRNewswire/ — Broadridge Financial Solutions, Inc. (NYSE:BR), un leader mondial du secteur des technologies financières, a déployé la plateforme Cuneiform® de PeerNova pour rationaliser son processus d’accueil des clients lors de la mise en œuvre de sa solution internationale de traitement post-négociation. Broadridge a une expérience bien établie en matière de priorisation de l’expérience client et de la mise en œuvre de technologies efficaces pour placer ses clients au premier plan.

PeerNova

Avec la plateforme SaaS Cuneiform® désormais en place, Broadridge surveille et gère en permanence la qualité de ses données à travers les sources de données clients internes et externes. La plateforme identifie, hiérarchise et résout rapidement les problèmes de qualité des données, et fournit des tableaux de bord de la qualité des données et de l’impact sur l’activité tout au long du flux d’accueil des clients.

« Aujourd’hui, plus que jamais, les données de haute qualité sont un ingrédient essentiel qui peut aider à éviter une complexité inutile lors de l’accueil de nouveaux clients. Broadridge continue d’investir et d’innover pour garantir un processus de migration complet, efficace et bien contrôlé », a déclaré Danny Green, Responsable du traitement post-négociation de Broadridge International. « En utilisant la plateforme SaaS de Cuneiform pour la qualité des données, Broadridge réduit les coûts associés à l’intégration, augmente l’efficacité et améliore le rapport temps/valeur, tout en accélérant en toute confiance les dates de mise en service de ses clients. »

« Nous sommes ravis de travailler avec Broadridge pour l’aider à améliorer encore l’expérience de ses clients », a déclaré Gangesh Ganesan, fondateur et PDG de PeerNova. « Notre plateforme est spécialement conçue pour surveiller les problèmes de qualité des données en temps réel et, dans ce cas, pour aider Broadridge à migrer les données des clients rapidement, efficacement et avec précision à chaque fois. »

À propos de PeerNova

La mission de PeerNova est de donner aux institutions financières les moyens de prendre des décisions sûres et opportunes en utilisant des données de haute qualité. Cuneiform est une plateforme sans code qui assure le contrôle de la qualité des données et la résolution des exceptions sur les sources de données internes et externes. La plateforme suscite la confiance dans les données en mesurant des paramètres de qualité des données et en permettant aux utilisateurs de résoudre rapidement les erreurs de qualité des données. Cela permet aux entreprises financières d’accroître leur efficacité opérationnelle, d’améliorer leurs performances commerciales et de répondre rapidement et en toute confiance aux demandes des dirigeants, des parties prenantes et des organismes de réglementation. Fondée par des entrepreneurs possédant une expertise approfondie en matière de données et d’infrastructures financières, PeerNova est une société technologique de la Silicon Valley avec des bureaux de vente à New York et à Londres.

Pour plus d’informations sur PeerNova, rendez-vous sur https://peernova.com.

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Sensational artemisinin-piperaquine for treatment of COVID-19 in prospect

GUANGZHOU, China, Nov. 3, 2021 /PRNewswire/ — Artequick artemisinin and piperaquine tablets have once again become buzzwords across the globe, as most recently, their effectiveness in treating COVID-19 was hotly debated by live streamers on overseas social media and we media platforms. These drugs first came to the industry’s attention after the International Journal of Antimicrobial Agents published a paper titled “Safety and Efficacy of Artemisinin-Piperaquine for Treatment of COVID-19”.

Artequick artemisinin and piperaquine tablets developed by Artepharm Co., Ltd.

As the fourth-generation artemisinin compound, artemisinin-piperaquine had been registered in dozens of countries, said Wang Xinhua, former president of Guangzhou Medical University, senior consultant at Guangdong New South Traditional Chinese Medicine Institute, and leading member of the group for artemisinin’s clinical research and application in China, adding that for decades, it has been widely used as an effective cure for malaria, particularly falciparum malaria. Since the onset of the coronavirus pandemic, the devoted team of scientists has examined the compound’s efficacy against the virus, and their breakthrough has unleashed a hot debate overseas. This implies how the scientific community and the general public are in desperate need of effective drug treatments for COVID-19.

Jointly developed by Artepharm Co., Ltd., a subsidiary of Guangdong New South Group, and the Professor Li Guoqiao-led research team at Guangzhou University of Chinese Medicine, Artequick artemisinin and piperaquine tablets were certified by China’s National Medical Products Administration as a Category I new drug in 2006. And they have been the drug of first choice recommended by the National Health Commission of China since 2009. Under patent protection in 40 countries, including the U.S., and a registered trademark in 29 nations, Artequick has been registered and licensed to sell in 24 states, and is now among major antimalarials in Nigeria, Tanzania, and Kenya. That being so, the medication has contributed to a malaria-free world at a fast pace by preventing tens of millions of people from contracting the disease.

Since last year, Guangdong New South Group, together with scientists from the Artemisinin Research Center of Guangzhou University of Chinese Medicine and Guangzhou Institute of Respiratory Health, has conducted clinical trials for artemisinin-piperaquine in treating COVID-19 at Guangzhou Eighth People’s Hospital in Guangdong Province and Hongqi Hospital Affiliated to Mudanjiang Medical University in Heilongjiang Province. The study found that it took 8.3 days on average for the nucleic acid test results of all 85 observation cases (who were treated with the compound) to turn negative. And when observed on the 21st day, 98.8% of them saw a negative result, and on the 28th day, 100%, compared to 14.3% and 58.7%, respectively, for the control group of 63 infections not on artemisinin-piperaquine medication. According to an in vitro experiment by Guangzhou Institute of Respiratory Health, the highest non-toxicity concentration of artemisinin-piperaquine stands at 125 micrograms per milliliter, which helps inhibit HCoV-229E from causing a cytopathic effect in HuH-7 cells.

In many African countries, the personnel of local Chinese-funded institutions and enterprises had produced a significant result, as they adopted artemisinin-piperaquine to prevent and treat the coronavirus, Ms. Huo Jiangtao, head of Africa Guangdong Business Association noted. No COVID-19 cases treated with the drug in the Comoros, Kenya, and some other nations have died from the disease.

The progress was lauded by Zhong Nanshan, China’s top respiratory expert. The experiment had produced “some preliminary positive results”, he said, adding that the efficacy of artemisinin-piperaquine in treating the virus should not just be based on the rate of nucleic acid tests conversing negative, but the holistic observation of genetics and meticulous verification.

“Traditional Chinese medicine (TCM) has been a highlight of China’s response to COVID-19. Artemisinin and piperaquine tablets are derived from TCM. Artemisinin is extracted from the plant Artemisia annua, an herb employed in TCM, and with years of experience, proves to be safe and effective in curing malaria. Going ahead, the drug is expected to have a greater role to play in the treatment of other diseases,” said Zhu Layi, president of Guangdong New South Group.

The research on using artemisinin-piperaquine to treat COVID-19 has now been steadily advanced.

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Caption: Artequick artemisinin and piperaquine tablets developed by Artepharm Co., Ltd.

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Genasys Inc. Partners with Danimex Communications to Expand Critical Communications Systems Sales in Africa

Genasys Inc – 11.3.21 PR Photo for Middle East and Aftrica Circuit

From left to right, Mansour Karam, Director MEA, Peter Ayre, Vice President MEA, Genasys, Charlotte Thomsen, CEO, Henrik Thomsen, COO, Danimex Communications

SAN DIEGO, Nov. 03, 2021 (GLOBE NEWSWIRE) — Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and solutions that help keep people safe, today announced a strategic distributor partnership with Danimex Communications A/S (Danimex), an award-winning distributor of communication solutions and equipment throughout Africa and the Middle East. Headquartered in Sonderborg, Denmark, Danimex has more than 30 years of experience representing, distributing and selling advanced communications systems.

“Since opening our sales office in the Dubai earlier this year, we are seeing many opportunities to accelerate sales of LRAD®, Genasys Emergency Management (GEM), Integrated Mass Notifications Systems (IMNS) and National Emergency Warning Systems (NEWS) in Africa,” said Richard S. Danforth, Chief Executive Officer, Genasys Inc. “Our strategic partnership with Danimex will focus on business opportunities with Sub-Saharan and North African governments and enterprises through the extensive, customer-centric Danimex sales force.”

“Genasys’ innovative systems and solutions are an important addition to our distribution line and increasingly necessary in this area of the world,” said Charlotte Thomsen, CEO of Danimex. “Crises resulting from climate related events, civil unrest and security incidents are on the rise. Providing next generation hardware and software systems that deliver critical communications to the public can help protect and save lives.”

Ms. Thomsen added, “We look forward to working with the regional Genasys team in Dubai, growing our partnership, and facilitating the sales and distribution of Genasys’ critical communications systems throughout the region.”

Based in San Diego with additional offices in Madrid, Spain, Ottawa, Canada, Singapore and Dubai, Genasys provides a multi-channel, multi-agency approach to deliver geo-targeted alerts, notifications, instructions and information before, during and after public safety threats and critical business events.

About Genasys Inc.

Genasys systems are in service in more than 100 countries in a range of diverse applications, including public safety, emergency warning, mass notification, critical event management, defense, law enforcement, homeland security, and other applications. The Company’s unified critical communications platform includes Genasys Emergency Management (GEM) software-as-a-service, National Emergency Warning Systems (NEWS), Integrated Mass Notification Systems (IMNS), LRAD® long-range voice broadcast systems, Zonehaven™ emergency evacuation resources, and more. For more information, visit genasys.com.

About Danimex Communication A/S

Danimex Communication A/S is an award-winning distributor of radio communication solutions and equipment throughout the world with over 30 years of experiences within the communication industry. Danimex specializes in Critical Communication solutions and supporting our partners with everything they need to build a complete ready-to-use communication system, including network/ system design, coverage studies, system configurations, site surveys, onsite installations and supervision, after sales support Danimex does business with humanitarian organizations, NGO’s, defense, security and government organizations, and modern industries. Danimex bases its business on quality products, full service and lasting relationships. For more information, visit Danimex Communications A/S.

Forward-Looking Statements

Except for historical information contained herein, the matters discussed are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on these statements. We base these statements on particular assumptions that we have made in light of our industry experience, the stage of product and market development as well as our perception of historical trends, current market conditions, current economic data, expected future developments and other factors that we believe are appropriate under the circumstances. These statements involve risks and uncertainties that could cause actual results to differ materially from those suggested in the forward-looking statements. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation the business impact of health crises or outbreaks of disease, such as epidemics or pandemics and how they may affect our supply chain, and other risks and uncertainties, many of which involve factors or circumstances that are beyond the Company’s control. Risks and uncertainties are identified and discussed in our filings with the Securities and Exchange Commission. These forward-looking statements are based on information and management’s expectations as of the date hereof. Future results may differ materially from our current expectations. For more information regarding other potential risks and uncertainties, see the “Risk Factors” section of the Company’s Form 10-K for the fiscal year ended September 30, 2020. Genasys Inc. disclaims any intent or obligation to update those forward-looking statements, except as otherwise specifically stated.

Attachment

Investor Relations Contact

Kimberly Rogers
Hayden IR
ir@genasys.com

Copyright © 2021 GlobeNewswire, Inc.

mimik Technology Closes $14.3 Million Extended Series A Funding Round Led by Pier 88

mimik’s hybrid edgeCloud platform is poised to revolutionize the delivery of microservices for applications in industries such as healthcare, automotive, manufacturing, logistics, retail, and banking

SAN FRANCISCO, Nov. 03, 2021 (GLOBE NEWSWIRE) — mimik Technology, Inc., a pioneer in hybrid edge cloud technology and business solutions, today announced a $14.3 million Series A funding round led by Pier 88 Investment Partners, a San Francisco-based alternative investment management firm. Other participants include Cathie Wood, Founder, CIO and CEO of ARK Invest and member of the mimik Board of Directors, along with existing investors Primera Capital and NLabs. mimik plans to use the funds to expand its global go-to-market operations including sales, solutions delivery, developer outreach, technical training, and partnership development.

mimik’s hybrid edgeCloud platform transforms cloud applications from a fixed client-server architecture—where server functionality is limited to servers in data centers and gateways—to a fully distributed architecture, enabling billions of smart client devices to act as servers and delivering nearly endless scalability. The mimik platform enables heterogeneous applications, processes, and devices to autonomously communicate in clusters on the edge regardless of their operating system or network. Because data is processed at the edge, mimik’s platform requires significantly less bandwidth and power, reduces cloud hosting costs, is more resilient than traditional client-server architecture, and offers much higher levels of data privacy and security.

“We have spent nearly a decade in R&D, building a platform to address the six major concerns of most developers: speed, cost, security, data privacy, interoperability, and scale,” said mimik Founder and CEO Fay Arjomandi. “The mimik platform offers a strong foundation to build sustainable edge cloud services to help accelerate digital transformation and power the hyper-connected digital economy.”

“Having invested in next-generation technologies like mobility, cloud computing, and cyber security for nearly two decades, our team is excited about the compelling growth opportunities we see in edge computing,” says Frank Timons, Founder and CEO of Pier 88 Investment Partners. “mimik’s technology lead and seasoned executive team position the company to capitalize on the next wave of growth for the computing industry as its nuanced device microservice architecture enhances security and privacy while reducing costs of traditional cloud computing solutions.”

“Primera Capital has funded some of the world’s most transformative technology companies over the past two decades,” said Ori Sasson, General Partner, Primera Capital. “We invest in extraordinary products, opportune markets, and daring entrepreneurs with unwavering visions, and with the disruptive potential of their edge platform and strong leadership team, mimik aligns with these key criteria.”

“We’re thrilled to be working with funding partners such as Pier88, NLabs, Primera Capital and others. They understand the essential benefits of the mimik hybrid edgeCloud platform and the massive market opportunity ahead,” said Siavash Alamouti, Executive Chairman of mimik. “We’re in the midst of a massive transformation across all industries. The burgeoning hyper-connected economy will be orders of magnitude larger than mobile internet, and mimik’s platform will help accelerate this technology revolution and in a much more sustainable way.”

To drive the adoption of hybrid edge cloud computing, mimik has established strategic partnerships with leading cloud companies such as Amazon Web Services (AWS) and IBM and technology services companies such as Tata Elxsi. The platform has been successfully used to complete digital transformation with a number of companies with impressive results and is now being used by many early-adopter customers and partners. For more information on mimik’s hybrid edgeCloud platform, available edge-based microservices, and digital transformation services, visit mimik.com.

About mimik
mimik provides a hybrid edge cloud computing application development platform and business enablers for digital transformation. Developers and enterprises can achieve their business objectives without compromising time to market, cost, scalability, interoperability, data privacy and security, and being locked in proprietary technology stacks. mimik enables hybrid edge native application development that works across ecosystems of devices (iOS, Android, Windows, macOS, Linux, QNX, Raspbian, OpenWRT and smart IoT FreeRTOS sensors), networks, and any private and/or public cloud. The mimik platform is the fastest and most direct way of connecting siloed and fragmented applications from the edge with minimal reliance on middlemen. We can help enterprises save millions of dollars in legacy backend integration while reducing their ongoing operational costs through an edge-in approach. mimik enables systematic digital transformation for a sustainable digital economy to help enterprises secure business leadership in the hyper-connected world. For more information, visit: https://mimik.com and https://developer.mimik.com

Media Contact:
Beth Morrissey
PR@mimik.com

Microshare receives $15 million in financing from Avenue Capital Sustainable Solutions Fund

Aggressive expansion planned in growing Smart Building and ESG data space

EverSmart by Microshare

Microshare provides Smart Building data solutions for some of the world’s largest companies with a dramatic double bottom line: cost savings and sustainability

PHILADELPHIA, Nov. 03, 2021 (GLOBE NEWSWIRE) — Microshare Inc., a leading provider of Smart Building data solutions to multinationals and public sector institutions, has closed $15 million in financing from the Avenue Sustainable Solutions Fund, L.P., Avenue Capital Group’s vehicle for supporting firms working to bring about a more sustainable world.

Microshare’s EverSmart suite of Smart Facilities solutions help global enterprises like GlaxoSmithKline, Aramark and Rent-A-Center reassure workforce, tenants and customers about the safety of indoor spaces while producing operational efficiencies as well as data insights that boost ESG (Environment | Social | Governance) performance.

“The Avenue Sustainable Solutions Fund investment represents a major vote of confidence in the transformational nature of our EverSmart solutions,” said Microshare CEO and Co-Founder Ron Rock. “As the pandemic hopefully subsides, our ability to create data where none existed before has never been more relevant as workers and tenants grappled with new concerns about indoor spaces, and companies rethink their real estate footprint and face new global expectations on climate and other ESG issues.”

“Microshare is a natural fit for our strategy,” said Sean Coleman, co-manager of the Avenue Sustainable Solutions Fund. “We are excited to back Microshare’s strategy to address growing corporate demand for improvements in building energy efficiency and water consumption, both of which are critical considerations for a sustainable future.”

Philadelphia-based Microshare provides Sensing-as-a-Service solutions to clients in Commercial Real Estate, Corporate, Healthcare, Manufacturing and Pharmaceuticals sectors. The company received international attention for the Universal Contact Tracing wearables it introduced early in the pandemic, a solution credited with preventing major outbreaks at essential manufacturing industries like pharmaceuticals and logistics.

Microshare will use the funds to expand its sales and development teams, grow its business in North America, Europe and the Middle East, and to solidify the complex supply chain and reseller relationships that underpin its efforts to deploy its data solutions at scale.

Microshare’s solutions create Digital Twins clients’ real-world assets that enable better decisions on operational systems and the data to inform and fuel impactful sustainability initiatives.

The company recently reached a number of milestone agreements, including:

  • An agreement with Aramark, the largest facilities management firm in the U.S., for Microshare to provide the technological backbone of its AIWX Connect Predictive Cleaning solutions, now being deployed in major hospitals, stadiums and other infrastructure;
  • An agreement with the British government and the University of Leeds on a test of its contact tracing wearables for infection reduction in dozens of elder care settings;
  • Renewals of global contracts for Universal Contact Tracing wearables for GSK’s manufacturing plants globally, Rent-A-Center’s headquarters facilities, and several other clients in the Energy/Logistics sectors.

About Avenue Sustainable Solutions
The Avenue Sustainable Solutions Fund, L.P. seeks to provide creative financing solutions to high-growth companies that can demonstrate a measurable, positive environmental outcome alongside competitive financial returns. It focuses generally on North American companies within the underserved segment of the market created by the widening financing gap between commercial banks and larger debt funds. For additional information on Avenue Capital Group, which is a global investment firm with assets estimated to be approximately $11.7 billion as of September 30, 2021, please visit www.avenuecapital.com.

About Microshare
Microshare’s EverSmart suite of Smart Building solutions are deployed at scale around the world to bring safety, wellness, cost savings and sustainability data to our clients’ real estate assets. Microshare is a leader in LoRaWAN applications and a proud member of the LoRa Alliance®. www.microshare.io

Contact: Simon Redgate sredgate@microshare.io  +44(0)7850112703

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IFRS Foundation announces International Sustainability Standards Board, consolidation with CDSB and VRF, and publication of prototype disclosure requirements

SAN FRANCISCO, Nov. 03, 2021 (GLOBE NEWSWIRE) — As world leaders meet in Glasgow for COP26, the UN global summit to address the critical and urgent issue of climate change, the IFRS Foundation Trustees (Trustees) announce three significant developments to provide the global financial markets with high-quality disclosures on climate and other sustainability issues:

  • The formation of a new International Sustainability Standards Board (ISSB) to develop—in the public interest—a comprehensive global baseline of high-quality sustainability disclosure standards to meet investors’ information needs;
  • A commitment by leading investor-focused sustainability disclosure organisations to consolidate into the new board. The IFRS Foundation will complete consolidation of the Climate Disclosure Standards Board (CDSB—an initiative of CDP) and the Value Reporting Foundation (VRF—which houses the Integrated Reporting Framework and the SASB Standards) by June 2022;
  • The publication of prototype climate and general disclosure requirements developed by the Technical Readiness Working Group (TRWG), a group formed by the IFRS Foundation Trustees to undertake preparatory work for the ISSB. These prototypes are the result of six months of joint work by representatives of the CDSB, the International Accounting Standards Board (IASB), the Financial Stability Board’s Task Force on Climate-related Financial Disclosures (TCFD), the VRF and the World Economic Forum (Forum), supported by the International Organization of Securities Commissions (IOSCO) and its Technical Expert Group of securities regulators. The TRWG has consolidated key aspects of these organisations’ content into an enhanced, unified set of recommendations for consideration by the ISSB.

Together, these developments create the necessary institutional arrangements, set out in the Foundation’s revised Constitution, and lay the technical groundwork for a global sustainability disclosure standard-setter for the financial markets. They fulfil the growing and urgent demand for streamlining and formalising corporate sustainability disclosures.

The ISSB will sit alongside and work in close cooperation with the IASB, ensuring connectivity and compatibility between IFRS Accounting Standards and the ISSB’s standards—IFRS Sustainability Disclosure Standards. To ensure public interest legitimacy, both boards will be overseen by the Trustees, who are in turn accountable to a Monitoring Board of capital market authorities responsible for corporate reporting in their jurisdictions. The ISSB and the IASB will be independent, and their standards will complement each other to provide comprehensive information to investors and other providers of capital.

Proven demand

Financial markets need to assess the risks and opportunities facing individual companies which arise from environmental, social and governance (ESG) issues, as these affect enterprise value. This is driving significant demand for high-quality information. Investors and other providers of capital want global sustainability disclosure standards that meet their information needs. Voluntary reporting frameworks and guidance have prompted innovation and action, although fragmentation has also increased cost and complexity for investors, companies and regulators.

Many investors and regulators have called for the IFRS Foundation to build upon market-led initiatives and to use its experience in creating accounting standards used in more than 140 jurisdictions to bring globally comparable reporting on sustainability matters to the financial markets.

The Trustees’ decision to create the ISSB is informed by the feedback received in their two public consultations, discussions with advisory groups, frequent dialogue with the IFRS Foundation Monitoring Board, and with support from IOSCO and others.

Comprehensive global baseline

The ISSB will develop IFRS Sustainability Disclosure Standards, including disclosure requirements that address companies’ impacts on sustainability matters relevant to assessing enterprise value and making investment decisions. The ISSB’s standards will enable companies to provide comprehensive sustainability information for the global financial markets. The standards will be developed to facilitate compatibility with requirements that are jurisdiction specific or aimed at a wider group of stakeholders (for example, the European Union’s planned Corporate Sustainability Reporting Directive as well as initiatives in the Americas and Asia-Oceania).

The G20 Rome Leaders’ Declaration and the Financial Stability Board have both welcomed the IFRS Foundation’s work programme to develop global baseline standards for sustainability disclosures.

Consolidating and building on existing initiatives

Consistent with feedback received through consultation, the ISSB will build on the work of existing investor-focused reporting initiatives to become the global standard-setter for sustainability disclosures for the financial markets. To achieve this goal, the IFRS Foundation has reached commitments with the CDSB, whose secretariat is hosted by CDP, and the VRF to consolidate their technical expertise, content, staff and other resources with the IFRS Foundation. It is intended that the technical standards and frameworks of the CDSB and the VRF, along with those of the TCFD and the Forum Stakeholder Capitalism Metrics, will provide a basis for the technical work of the new board.

Recognising the urgency and the desire to provide the ISSB with a solid foundation on which to start its work, the Trustees created the TRWG — comprising representatives from the CDSB, TCFD, IASB, VRF and the Forum — to provide recommendations to the ISSB. The TRWG has concluded its work on two prototype documents published today — one which focuses on climate-related disclosures that build on the TCFD’s recommendations and includes industry-specific disclosures, and a second that sets out general sustainability disclosures. The ISSB will consider the prototypes as part of its initial work programme.

Informed by expert advice

The ISSB will draw upon expertise from several advisory groups. Technical advice on sustainability matters will be provided to the ISSB by a new Sustainability Consultative Committee, whose members will include the International Monetary Fund, the Organisation for Economic Co-operation and Development, the United Nations, the World Bank and additional expert members drawn from public, private and non-governmental organisations.

The remit and expertise of the IFRS Advisory Council will be extended to provide strategic sustainability-related advice and counsel to the ISSB, as well as the Trustees and the IASB. Finally, the Trustees have formed a working group to create a mechanism for formal engagement on standard-setting between the ISSB and jurisdictional representatives, including from emerging markets (similar to the Accounting Standards Advisory Forum, which fulfils this role for the IASB).

The Foundation intends to leverage the existing CDSB and VRF advisory groups, which include investors and other experts who have demonstrated long-standing support for improved sustainability disclosure. As well, the Forum’s private sector coalition will be engaged. The Foundation also intends to use the International Integrated Reporting Council to provide advice on establishing connectivity between the work of the IASB and the ISSB via the fundamental concepts and guiding principles of integrated reporting.

Global footprint

The ISSB will have a global and multi-location presence. All regions—the Americas, Asia-Oceania and EMEA (Europe, the Middle-East and Africa)—will be covered. Engagement with developing and emerging economies will be an important priority.

Offices in Frankfurt (the seat of the Board and the office of the Chair) and in Montreal will be responsible for key functions supporting the new Board and deeper co-operation with regional stakeholders. Offices in San Francisco, following the consolidation with the VRF, and London will also provide technical support and platforms for market engagement and deeper cooperation with regional stakeholders.

Based on expressions of interest received, the IFRS Foundation will engage without delay with Frankfurt and Montreal to make the necessary arrangements to enable the ISSB to commence work early in 2022. Further discussions will continue with proposals for offices from Beijing and Tokyo to finalise the new Board’s footprint in the Asia Oceania region. Timely actions are needed to respect the urgency expressed by IOSCO and other important stakeholders.

Next steps

The Trustees are at advanced stages in appointing a Chair and Vice-Chair(s) to the ISSB. The Trustees will commence shortly a search for the additional board positions, up to the full complement of 14 members.

The ISSB’s work is expected to commence as soon as the Chair and Vice-Chair(s) have been appointed and to begin with public consultations to inform the ISSB’s work plan and on proposals informed by recommendations from the TRWG. Following these consultations, the ISSB’s work will follow the IFRS Foundation’s rigorous due process, including public discussions by the ISSB of feedback received to the consultations and possible improvements to the proposals prior to their finalisation as standards. The entire process will be overseen by the Trustees’ Due Process Oversight Committee.

Erkki Liikanen, Chair of the IFRS Foundation Trustees, said:

‘Sustainability, and particularly climate change, is the defining issue of our time. To properly assess related opportunities and risks, investors require high-quality, transparent and globally comparable sustainability disclosures that are compatible with the financial statements. Establishing the ISSB and building on the innovation and expertise of the CDSB, the Value Reporting Foundation and others will provide the foundations to achieve this goal.’

Mary Schapiro, Head of the TCFD Secretariat, said:

‘Development of the ISSB’s global baseline will deliver transformative change in sustainability disclosures for the financial markets. The TCFD welcomes the formation of the ISSB, which builds upon the foundation of the globally accepted TCFD framework and the work of an alliance of sustainability standard setters. The ISSB represents a major step forward in establishing consistent, comparable global reporting standards.’

Richard Sexton and Robert K Steel, Co-Chairs of the Value Reporting Foundation Board, commented:

‘Today’s announcement is a reflection of the changed world we live in – a world in which sustainability and long-term thinking are increasingly at the heart of business and investor decision-making. This is a transformation that both the IIRC and SASB helped lead, made possible by the many thousands of stakeholders who volunteered time and offered resources to develop the Integrated Thinking Principles, Integrated Reporting Framework and SASB Standards that are today used by businesses and investors around the world. The Value Reporting Foundation Board believes the consolidation announced today will help deliver effective disclosures to drive global sustainability performance. We count on your continued collaboration as we embark on this exciting next step.’

Richard Samans, Chairman of CDSB, and Paul Simpson, CEO of CDP said:

‘CDP pioneered environmental disclosure twenty years ago and has hosted CDSB since its formation in 2007. CDSB’s global partnership of business and environmental organisations supported by the international accounting community was formed to create a generally-accepted framework for corporate reporting of material climate, environmental and social information to investors and regulators.

We are delighted that the IFRS Foundation is forming the ISSB to drive forward the development of global standards for sustainability-related financial disclosures. The ISSB’s integration of CDSB will ensure that the new board has a strong foundation and can move rapidly building on existing best practice. CDP looks forward to supporting the ISSB process with its global market led environmental disclosure mechanism and expertise on data.’

Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, said:

‘Creating long-term value requires both a focus on financial and sustainability performance. This means we need tools for measuring sustainability performance just as we have for financial performance. The World Economic Forum and its private sector coalition made a contribution on this front, proposing a core set of ‘Stakeholder Capitalism Metrics’. We are pleased that this effort will provide a basis for the technical work of the ISSB. We look forward to continuing our partnership with the IFRS Foundation in support of the ISSB, during its establishment and as it delivers on its historical mandate.’

IFRS Foundation Trustee Chair Erkki Liikanen will announce the ISSB as part of the COP26 Finance Day Presidency event: ‘A Financial System for Net Zero’ which begins at 10:15 GMT on 3 November 2021. The event will be livestreamed and available to watch on the COP26 website.

The IFRS Foundation will also be hosting its own live broadcast at 14:30 GMT on 3 November, providing further information about the proposed ISSB. The event will be livestreamed on our site and via the IFRS Foundation’s LinkedIn and YouTube channels.

Notes to editors

The IFRS Foundation Trustees carried out two rounds of global public consultation, which confirmed an urgent demand for global sustainability disclosure standards and extensive support for the Foundation to play a role in developing such standards. The Trustees have today published a revised Constitution to facilitate the formation of the ISSB and a feedback statement summarising 177 comment letters received during the Trustees’ second consultation.

Media contacts

IFRS Foundation: Kirstina Reitan, Head of Communications
Email: kreitan@ifrs.org, Mob: +44 7894 573721

CDSB: Patrick Hanrahan, Head of Communications, CDSB
Email: Patrick.Hanrahan@cdsb.net, Mob.: +44 (0) 792 9414191

VRF: Europe: Katie Riminton, FleishmanHillard katie.riminton@fleishmaneurope.com Mob: +32 4 78 70 19 83. Other regions: Taylor Fenske, Stern Strategy: Tfenske@sternstrategy.com Mob: +1 973-477-4983

About the IFRS Foundation

The IFRS Foundation is an independent, not-for-profit organisation, overseen by a Monitoring Board of public authorities. Its vision of a single set of global financial reporting standards is supported by G20 leaders and other international organisations with responsibility for the global financial system.

The mission of the IFRS Foundation is to develop IFRS Standards that bring transparency, accountability and efficiency to financial markets around the world, fostering trust, growth and long-term financial stability. The International Accounting Standards Board is the independent standard-setting body of the IFRS Foundation, made up of experts from diverse professional and geographical backgrounds. IFRS Standards are required by over 140 countries globally.

For detailed information on the organisation’s structure, standard-setting and the adoption of IFRS Standards, visit www.ifrs.org.

About the Climate Disclosure Standards Board and CDP

The Climate Disclosure Standards Board (CDSB) is an international consortium of business and environmental NGOs, hosted by CDP. We are committed to advancing and aligning the global mainstream corporate reporting model to equate natural and social capital with financial capital.

We do this by offering companies a framework for reporting environment- and social-related information with the same rigour as financial information. In turn this helps them to provide investors with decision-useful environmental information via the mainstream corporate report, enhancing the efficient allocation of capital. Regulators have also benefited from CDSB’s compliance-ready materials.

CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states and regions. CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts. Over 14,000 organizations around the world disclosed data through CDP in 2021, including more than 13,000 companies worth over 64% of global market capitalization. Fully TCFD aligned, CDP holds the largest environmental database in the world, and CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy.

About the Value Reporting Foundation

The Value Reporting Foundation is a global nonprofit organization that offers a comprehensive suite of resources designed to help businesses and investors develop a shared understanding of enterprise value — how it is created, preserved or eroded over time.

The resources – including Integrated Thinking Principles, the Integrated Reporting Framework, and SASB Standards – are already adopted in over 70 countries. They comprise the 21st century market infrastructure needed to develop, manage and communicate strategy that creates long-term value and drives improved performance. To learn more, visit www.valuereportingfoundation.org.

Synchronoss Names Taylor C. Greenwald Chief Financial Officer

Finance leader brings more than 20 years of public company experience to Synchronoss

BRIDGEWATER, N.J., Nov. 02, 2021 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (NASDAQ: SNCR), a global leader and innovator of cloud, messaging and digital products and platforms, today announced that Taylor C. Greenwald is appointed Executive Vice President and Chief Financial Officer, effective immediately. In his new role at Synchronoss, Greenwald will oversee global financial operations for the company, including accounting, treasury, business planning and analysis, corporate development, and investor relations.

Greenwald brings to Synchronoss extensive experience managing all financial functions of large global public organizations. He most recently served as Senior Vice President Finance and Chief Financial Officer, Web Presence for Endurance International Group, an IT services company. Prior to that, he spent 18 years with Convergys Corporation where he held several senior leadership roles, including Senior Vice President Finance, Controller and Chief Accounting Officer.

“I am pleased to welcome Taylor to our senior leadership team,” said Jeff Miller, President and CEO of Synchronoss. “Taylor brings to the table significant experience driving revenue growth and profitability for large companies in the technology and business service industries. In addition, he offers deep corporate development knowledge, including acquisitions and divestitures, proven proficiency with turnaround strategies, and a strong technical background. I’m confident his expertise and financial acumen will make an immediate impact as we continue to position Synchronoss for the future and ensure our customers across the globe have the resources they need to connect with subscribers in trusted and meaningful ways.”

Miller added that Lou Ferraro, who had been serving as Acting Chief Financial Officer for the last quarter, will remain with the company as Executive Vice President of Financial Operations and Chief Human Resources Officer, reporting to Taylor. “Lou did a fantastic job after being asked to take on the acting CFO role earlier this summer in addition to his other responsibilities. The board and I look forward to his ongoing leadership with us going forward,” Miller said.

Greenwald said he is excited to be joining the company. “The work that Synchronoss has accomplished in the past year to improve its business trajectory is impressive, and I’m honored to join the company at such an important time. I look forward to helping Synchronoss build momentum for revenue growth and deliver on its strategic goals for customers and its other stakeholders,” he said.

Greenwald earned his MBA from the Massachusetts Institute of Technology – Sloan School of Management, and his bachelor’s degree in engineering from Georgia Institute of Technology.

About Synchronoss
Synchronoss Technologies (NASDAQ: SNCR) builds software that empowers companies around the world to connect with their subscribers in trusted and meaningful ways. The company’s collection of products helps streamline networks, simplify onboarding and engage subscribers to unleash new revenue streams, reduce costs and increase speed to market. Hundreds of millions of subscribers trust Synchronoss products to stay in sync with the people, services and content they love. That’s why more than 1,500 talented Synchronoss employees worldwide strive each day to reimagine a world in sync. Learn more at www.synchronoss.com

Media Contacts

For Synchronoss:
Anais Merlin, CCgroup UK
Diane Rose, CCgroup US
E: synchronoss@ccgrouppr.com

Investor Contact
For Synchronoss: Todd Kehrli/Joo-Hun Kim, MKR Investor Relations, Inc., E: investor@synchronoss.com

Strong Growth Figures Hotel Industry good for investors

DUBAI, United Arab Emirates, Nov. 02, 2021 (GLOBE NEWSWIRE) — Barrows, the provider of hotel investment and advisory services for hotels in the Middle East, is very positive for the global hotel industry and sees huge opportunities for investors and developers.

Last year, the company noticed lower sales due to restrictions imposed by travel restrictions and declining demand for global hotel bookings. The turnover decline in hotel room sales was a fact, but the differences with the advisory branch of the company were very large. Never has the company managed to achieve such significant growth.

Many Hotels across the globe had massive problems and hired Barrows as their regular advisory partner. Today, the development of new hotels and the sales of hotel rooms are stronger than ever before. Investors are massively signing up for new hotel projects and they really come from all over the world.

The company expects strong growth in the hotel industry for the last quarter of this year and for 2022. “The economies are slowly closing, and world trade is returning back strongly,” said Barrows Hotel Enterprises Chairman – Erwin Jager. The market has been recovering for a few months now and hotels are opening their doors to the public again, which is giving a huge boost to employment.

Barrows Hotel Enterprises internationally manages more than 10,000 hotel rooms in more than 10 countries. The company started in 2008 as a real estate investor in the residential market in Dubai. Since 2012, Barrows has changed its strategy and the company is fully focused on the fast-growing hotel industry in the Middle East and Africa.

For more information
media@barrowshotels.com