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Risk.net and Wolters Kluwer FRR interviewed more than 80 senior risk and technology professionals at leading banks globally.
The Board of Directors of the Company (the "Board") hereby informs the relevant shareholders (the "Shareholders") about the following change to the prospectus of the Company (the "Prospectus"). Capitalised terms not defined herein shall have the meaning given to them in the Prospectus unless the context otherwise requires.
Jan 25, 2021 Press Release SimCorp, a leading provider of integrated, front-to-back, multi-asset investment management solutions and services to the world’s largest buy-side institutions, today announces a new partnership with Colmore, a leading, technology-driven private markets specialist, to deliver a holistic data service for private markets asset management. Monitoring over $100 billion in assets, Colmore has revolutionized private markets asset management, bringing it into the 21st century, with the delivery of real-time portfolio monitoring, standardized data management and greater transparency of private equity fees. The complete service is now available within SimCorp’s Alternative Investments Manager offer, empowering the buy side with consolidated private and public markets asset workflows and data management, in one core multi-asset class investment management platform. The growth of private markets has rapidly been embraced by institutional investment, but throughout its expansion, Limited Partners (LPs), such as pension funds, asset managers and even insurance firms have consistently struggled to understand their portfolios in real-time, let alone process the vast volumes of unstandardized private markets data, or make sense of quarterly PDFs that become altogether redundant in the midst of a market event. Throughout heightened conditions in 2020 and with many firms outsourcing parts of private markets asset management or running off siloed best-of-breed systems, it has become increasingly challenging to get an accurate, real-time view of private markets exposure, to reliably determine overall portfolio risk and impact to the firm’s P/L. To address these pain points and consolidate private markets asset management into a firm’s core investment management platform, rather than a standalone strategy, the partnership integrates Colmore’s INSIGHT (Data Management) and FAIR (fee) services within SimCorp’s Alternatives Investments Manager offer. This delivers clients one investment truth across both public and private markets. Built by a team of former LPs with over 25 years of private equity experience, Colmore’s services intuitively understand the rich functionality, simplified workflows and business outcomes desired by LPs investing in private markets. Covering over 3,000 invested funds and 60,000 assets, Colmore’s INSIGHT service is empowered by proprietary machine learning technology, called STRIDE, together with deep team expertise to collect, validate and extract all portfolio information, from the invested fund, to the underlying assets. Delivered in real-time, it consistently provides investors with portfolio monitoring and analytics, to inform on exactly where their positions and holdings are. Colmore’s integrated data management service for private markets adds further value to SimCorp clients already using SimCorp DataCare, and delivers the buy-side market a complete public and private markets data management service. SimCorp will also integrate Colmore’s FAIR service, which tackles the complexity of tracking private equity management and incentive fees, with a systematic validation service. Colmore’s ongoing approach to tracking and validating management fees, carried interest and expenses, addresses the rising concern from LPs over their fiduciary duties to stakeholders. The service creates a simpler, more cost-effective way to achieve greater confidence in underlying fund charges. Hugues Chabanis, Vice President, Innovation at SimCorp: We’re pleased to introduce Colmore as an innovative and reliable partner in our fast-growing open ecosystem. Colmore’s vision for delivering a complete service, aligns with our own consolidated front-to-back approach and reinforces the partnership further. When we launched the Alternatives Investments Manager offer three years ago, our vision has always been that multi-asset portfolios, including private markets assets, should be consolidated into a core front-to-back investment management platform and not run in siloes. We are confident that Colmore’s private markets services will complement the capabilities of our Alternatives Investments Manager, market-leading IBOR (Investment Book of Record) and DataCare offer, providing SimCorp clients a consolidated offering that ultimately meets their private market needs and delivers on their overall business outcomes.” Alex Tarantino, Commercial Director at Colmore adds: The team at Colmore are thrilled to partner with SimCorp, a pillar in the investment management software industry. Like SimCorp, we’ve grown strong client partnerships on the back of our unwavering focus on the technology and services we offer. We are guided by the in-house private asset experience we’ve honed over 25 years and as former LPs, we know how important extracting and analyzing private markets data is, to accurately understand portfolios. It is our belief that combining the asset management process together with a strong data management service designed for private markets, will not only address the present day challenges LPs face, but also optimize the asset management process with more control and clarity long into the future.” Enquiries regarding this announcement should be addressed to:Mittal Shah, Head of PR, SimCorp +44 (0) 207 397 8072 mittal.shah@simcorp.com About SimCorp SimCorp provides integrated, best-in-class, multi-asset investment management solutions to the world’s leading asset managers, fund managers, asset servicers, pension and insurance funds, wealth managers, central banks, sovereign wealth funds, and treasury. Deployed on premise or in the cloud, SimCorp’s core solution, SimCorp Dimension®, alongside SimCorp Coric®, SimCorp Gain™, and SimCorp Sofia™ form a powerful and complete solution. Together with a range of managed services, they support the entire investment life cycle, based on a market-leading IBOR. SimCorp invests around 20% of its annual revenue in R&D, helping clients develop their business and stay ahead of ever-changing industry demands. Listed on Nasdaq Copenhagen, SimCorp is a global company, with regional offices across Europe, North America, and Asia Pacific. For more information, please visit www.simcorp.com About Colmore COLMORE is a leading, technology-driven private markets investor services business focused on the Limited Partner and Allocator market. The business operates from five offices located in New York and Dallas in the US, London and Birmingham in the UK, and Zug in Switzerland. COLMORE employs more than 150 professionals and the business monitors over 3,000 private market funds, 60,000+ holdings and undertakes more than 70+ million daily calculations. www.colmore.com
Imaweb, a leading independent developer and provider of automotive and dealership digital software solutions in Europe, today announced the acquisition of Procar, a leading automotive digital software solutions provider in the DACH market.
NATO selects Thales to supply its first defence cloud for the armed forces
Araceli Biosciences, a provider of advanced biological imaging platforms, today announced the launch of its flagship product, the Araceli EndeavorTM. Endeavor revolutionizes drug discovery by delivering high speed, high resolution, full well scanning of cell-based assays.
The Board of Directors of the Company (the "Board") hereby informs the relevant shareholders (the "Shareholders") about the following change to the prospectus of the Company (the "Prospectus"). Capitalised terms not defined herein shall have the meaning given to them in the Prospectus unless the context otherwise requires.
SpendEdge, has announced the release of the Lumber Market Intelligence Report, this market is expected to grow by USD 57.22 billion as we reach 2024.
Philips Ingenia Ambition X 1.5T MR scanner January 25, 2021 5-year alliance will provide Vithas Group with state-of-the-art diagnostic imaging, image viewing solutions, and minimally-invasive intervention technology to deliver faster and more accurate diagnosis and treatment to patientsVithas will become a ‘reference technology partner’ for Philips in Spain, giving it fast access to advances and innovations that Philips develops prior to their commercializationNew enterprise-wide network for diagnostic imaging will support unified working between more than 100 radiologists to facilitate workflow efficiency and research, as well as allowing patients to securely view their diagnostic reports and images on PCs and mobile devices Amsterdam, the Netherlands and Madrid, Spain – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and Vithas Group, Spain’s second largest private healthcare group, today signed a 5-year innovation and collaboration agreement in the areas of precision diagnosis and image-guided intervention. The agreement will allow Vithas Group hospitals and medical centers to benefit from the latest innovations in diagnostic imaging technology, healthcare informatics, and equipment for minimally-invasive interventional procedures. Vithas Group hospitals and clinics offer healthcare and advanced medical care in thirteen provinces in seven autonomous regions of Spain. Under the terms of the agreement, Philips will deliver a technology management model that ensures Vithas Group’s current and future health technology needs in the relevant areas are met, together with the associated maintenance, updating, and equipment and system renewal needs. This management model will enable Vithas Group to achieve better results, provide optimal care at lower cost, and deliver a better experience for its patients and healthcare professionals. In addition, Vithas will become a ‘reference technology partner’ for Philips in Spain, which means that its hospitals and medical centers will be able to implement new advances and innovations developed by Philips, before standard commercialization of these solutions in Spain. "This new alliance with Philips integrates cutting-edge technology, healthcare excellence, innovation, and research, which are the fundamental pillars on which we support our commitment to always seek the best experience for our patients,” said Dr. Pedro Rico, CEO of Vithas Group. “Furthermore, our professionals will have the most advanced technological solutions at all times, which will reinforce the quality of care and facilitate their research work." “We are very excited about the trust placed in Philips and convinced that, through this collaboration agreement, Vithas will have all the technology and innovation necessary to continue achieving the best health results and the best experience for its patients and its healthcare professionals,” said Juan Sanabria, President of Philips Ibérica. “We are proud to become the technological partner and strategic ally of a group as important as Vithas.” The most advanced diagnostic imaging technologyThe agreement includes the replacement of Vithas Group’s existing MR imaging equipment with Philips’ latest innovative MR systems, which stand out for their image quality and patient comfort, and because they do not consume helium, also stand out for their sustainability. Philips will also install hybrid operating room solutions, including its latest ceiling mounted live-image guidance system for minimally-invasive interventional therapy, allowing Vithas hospitals to perform many types of procedure with maximum precision and safety. Four new hybrid operating rooms will be installed across four of the group’s hospitals. Next to this, Philips will replace the Vithas hospitals’ CT (Computed Tomography) equipment by high-end equipment, allowing them to perform more precise cardiac diagnoses thanks to the Philips equipment’s speed, coverage, and high image quality, while also minimizing radiation dose. The agreement also includes X-ray equipment, solutions for dose management, and a Corporate Network for Diagnostic Imaging. Benefits of the Corporate Network for Diagnostic ImagingThrough this network, and thanks to a solution for reviewing, post-processing and sharing information from advanced medical imaging studies, more than 100 radiologists will be able to work in a unified way with access to tools that speed up and improve the quality of results. Likewise, more than 5,000 referring physicians will have higher quality radiological reports directly available to them via a clinical viewer. The solution will also improve the patient experience, because they will be able to view their reports and images from any PC or mobile device via a secure web portal. Joint scientific researchThe innovation and collaboration agreement between Philips and Vithas Group will make it possible for the two organizations to collaborate in technological innovation projects in Vithas Group reference centers. These projects will involve joint scientific research in key healthcare areas, as well as the training of Vithas Group professionals in new technologies and clinical procedures. For further information, please contact: Joost MalthaPhilips Global Press OfficeTel.: +31 6 10 55 81 16E-mail: joost.maltha@philips.com César García RequenaBrand & Communications ManagerPhilips IbéricaTel : +34 670 264 471E-mail: cesar.garcia.requena@philips.com About Royal Philips Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people's health and well-being, and enabling better outcomes across the health continuum – from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care. Philips generated 2020 sales of EUR 19.5 billion and employs approximately 82,000 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter. About Vithas Group Vithas' commitment: accredited healthcare quality, personal service and long-term vision. Vithas' strategic commitment is that all healthcare is endorsed by the standards of the most prestigious international quality accreditation, the Joint Commission International. Only 15 prestigious hospitals in Spain have such accreditation and recognition, and three of them are part of Vithas, in Madrid, Malaga and Granada. Every year Vithas treats more than 5,200,000 patients in its 19 hospitals and 21 Vithas Salud medical centers. The 40 centers are located throughout Spain and include hospitals in Alicante, Almería, Benalmádena, Castellón, Granada, Las Palmas de Gran Canaria, Lleida, Madrid, Málaga, Seville, Tenerife, Vigo, Valencia and Vitoria-Gasteiz. The 26 Vithas Salud centers are located in Alicante, Elche, El Ejido, Fuengirola, Granada, Las Palmas de Gran Canaria, Lleida, Madrid, Malaga, Nerja, Pontevedra, Rincón de la Victoria, Sanxenxo, Seville, Torre del Mar, Torremolinos, Vilagarcía de Arousa, and Vitoria-Gasteiz. Additionally, Vithas has more than 300 locations throughout Spain as part of the Vithas Lab laboratories network. Its PlazaSalud24 purchasing center, a benchmark in the sector, serves 39 hospitals, 35 medical centers and 20 dental clinics. Vithas has a stake in the leading hospital project in the Balearic Islands, the Juaneda Healthcare Network, which has 5 hospitals and a wide network of medical centers throughout the region. Vithas' commitment to proven quality healthcare and personalized service goes hand in hand with the strong support and long-term vision of Vithas' shareholders: Goodgrower, which controls 80% of the capital, and CriteriaCaixa, with the remaining 20%. With a growth model based on geographic diversification and sustainability, Vithas plans to continue consolidating its national presence both by opening new centers and through acquisitions and strategic agreements. www.vithas.es Attachment Philips Ingenia Ambition X 1.5T MR scanner
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