Category: Exchanges & Software

ICDX Group Facilitates Initial Trade of Renewable Energy Certificates (REC)

Indonesia Commodity & Derivatives Exchange Group (ICDX Group), through its entity Indonesia Climate Exchange (ICX), officially facilitated the initial trading of Renewable Energy Certificates (REC). This first voluntary REC trade carried out by ICX was sourced from Geothermal Power Plants and also Micro Hydro Power Plants.

This initial trade includes a REC transaction of 1.050 MWh, with an opening price of IDR 35,000 and an auction closing price of IDR 38,000, an increase of 8.57%. This trade is proof that market participants can trade market-based climate instruments through an effective, efficient, open platform, as proven by higher auction closing prices, driven by increased demand.

Renewable Energy Certificate (REC) is a certificate that proves that electricity production per megawatt hour (MWh) comes from non-fossil power plants, such as hydropower, wind power, solar power, geothermal or bioenergy-based plants. REC trading that occurs on ICX can be a market-based solution to provide economic incentives to market players and renewable energy investors.

Nursalam, CEO of ICDX Group said, “By using the platform at ICX, industry players will be provided with convenience in terms of market access, as well as accountable and transparent trading. This certainly opens up space for corporations to be able to make the transition towards low-carbon operations. ICDX Group will continue to push for decarbonization efforts through the democratization of carbon trading. Our hope, of course, is that what we have implemented in the future can be replicated for other climate instruments such as carbon trading on a wider scale.”

Nursalam added, “Of course we really appreciate those who have participated in the decarbonization program through the REC trade. This shows that the responsibility towards low carbon emissions is our shared responsibility. For now, several corporations that have participated are PT Agrodana Futures, PT Phillip Futures, PT Victory International Futures, PT Magnet Berjangka Indonesia, PT Rajawali Kapital Berjangka, PT Handal Semesta Berjangka, and several other entities. In the future, we will continue to invite various parties to participate in this program.”

Megain Widjaja, CEO Indonesia Climate Exchange (ICX) said, “The REC transaction by the ICX has undergone a rigorous trial and alignment phase. This phase adhered to global standards in terms of technology and ecosystem. ICX is dedicated to expanding the range of climate instruments available on our platform. Our goal is to become the preferred choice for both government and industry players looking to transition towards low-carbon operations.”

By engaging in this REC transaction, the Indonesia Climate Exchange has the potential to establish itself as a pioneering platform for climate instrument trading. This includes the widespread implementation of carbon trading and facilitating the adoption of various industries throughout Indonesia. The development of climate instrument trading necessitates collaboration between stakeholders and the government to effectively Development related to trade in climate instruments requires synergy between actors and the government in order to achieve the unconditional Nationally Determined Contribution (NDC) target of 31.89% and conditional target of 43.2% with the Business as Usual (BaU) mechanism in 2030 in efforts to reduce emissions carbon. “We invite all stakeholders to jointly make efforts to reduce carbon emissions,” added Megain.

The trading of the Renewable Energy Certificate (REC) has been in existence since 2014. This was a result of the RE100 movement initiated by a consortium of major global corporations with the objective of achieving complete reliance on renewable electricity consumption. The set goals for renewable energy consumption include reaching a minimum of 30% by 2020, 60% by 2030, 90% by 2040, and ultimately achieving full utilization of renewable energy sources by attaining a target rate of 100% in 2050.

About the ICDX Group:
The Indonesia Commodity & Derivatives Exchange Group (ICDX Group) is a trading ecosystem consisting of the Commodity Exchange (ICDX), the Indonesian Clearing House (ICH), ICDX Bonded Logistics (ILB) and the Indonesia Climate Exchange (ICX). ICDX Group facilitates transactions of various types of commodities, finance and climate, which was established in 2009. ICDX Group has a vision to modernize trade and financial infrastructure through a commodity trading system ecosystem and market deepening through derivative contracts. Visit: https://www.icdx.co.id/

About Indonesia Climate Exchange (ICX):
Indonesia Climate Exchange (ICX), a part of the ICDX Group, was established to aid the government’s mission of decreasing carbon emissions. It specializes in trading climate instruments and aims to make decarbonization accessible for all industry participants through convenient transactions, diverse product options, and transparent accountability. This enables businesses to seamlessly transition to low-carbon operations by utilizing Indonesia Climate Exchange services. Visit: https://www.climateexchange.id/

For further Information:
P Giri Hatmoko
Indonesia Commodity & Derivatives Exchange (ICDX) Group
Tel: +62 21 30027788
www.icdx.co.id

INVEST Fair 2023: Growing Wealth with Confidence to be held on 12th & 13th August 2023 at Suntec Exhibition Hall

  • INVEST Fair 2023 is jointly organised by ShareInvestor and InvestingNote
  • Two-day physical event will feature more than 50 speakers to inspire investors’ confidence

ShareInvestor Pte Ltd, Singapore’s largest independent platform for investor relations, market data tools and investor education will co-host INVEST Fair, Singapore’s largest investment fair, along with InvestingNote, Singapore’s first and largest community for retail investors. Under the timely theme of “Growing Wealth with Confidence”, this year’s event aims to inspire participants to boldly move forward in their investment journey amidst a challenging external environment.

Held from 10am to 5pm on Saturday (12 August) and Sunday (13 August), INVEST Fair will host more than 50 expert speakers from the field of finance and investment, including fund managers from major financial institutions. These experienced experts will share their wealth of knowledge across two days, covering a broad spectrum of topics including the latest market outlook, sector insights, investment knowledge, trading skills, property and alternative investment.

Mr Christopher Lee, CEO of ShareInvestor Group, said, “We have curated an interactive and educational platform for seasoned and novice investors that aims to inspire confidence amidst the pressures of a high interest rate environment and gloomy global outlook.

This year’s event also aims to broaden investors’ horizons beyond traditional equities, with opportunities to learn more about growing your wealth through cryptocurrency, property and alternative investments.”

Guest of Honour, Mr Michael Syn, Senior Managing Director, Head of Equities at SGX, will deliver the keynote address at 10.15am on Saturday (12 August). He brings deep insights as CEO of the stock market, central depository and futures market with a background in investment banking and investment management.

In addition to the line-up of esteemed speakers, this exciting weekend will be filled with lots of fun activities and challenges, interactive booths and lucky draw prizes to be won!

For more information on the event and registration details, please visit our official website at https://www.invest-fair.com/home.html

For Media Enquiries, please contact:
InvestingNote & ShareInvestor
Ethan Ho, Head of Investor Platforms
ethan.ho@shareinvestor.com
+65 9835 4410

Waterbrooks Consultants
Wayne Koo, Managing Director
wayne.koo@waterbrooks.com.sg
+65 9338 8166

About ShareInvestor (www.shareinvestorholdings.com)
A leading regional media and technology company, ShareInvestor Pte Ltd (SI) was founded in 1999 to empower investors to make informed investment decisions. SI focuses on providing investor relations, market data and investor education services, and operates the largest investor relations network in the region.

SI Group has over 130 employees in four countries (Singapore, Malaysia, Thailand and Indonesia). It has also made strategic investments in investor relations/public relations firm, Waterbrooks Consultants Pte Ltd (www.waterbrooks.com.sg), and Singapore’s leading social media platform for investors, Investing Note Pte Ltd (www.investingnote.com).

SI (www.shareinvestor.com) provides online market data for multiple markets across its online platform tools ShareInvestor Station(TM), ShareInvestor WebPro(TM) and ShareInvestor Mobile. Its other products include Investor-One (www.investor-one.com), a website on inverstor education, market news, corporate developments, and data analytics; as well as Inve$t, the e-magazine published weekly in Singapore and Malaysia.

SI organises financial investment seminars and conferences for investors. Its annual large-scale events InvestFair(TM)(www.investfair.com.sg) in Singapore and Malaysia draws thousands of participants.

About InvestingNote (www.investingnote.com)
InvestingNote is the largest and most interactive platform for investments in Singapore and Malaysia. We’re here to make investing fun and profitable!

It is a community-driven platform designed specifically to help investors and traders to share ideas on stocks, personal finance, news and insights through social networking and a variety of useful investment tools.

INVEST Fair 2023: Grow Your Money Lahh! to be held on 3rd & 4th June 2023 in Kuala Lumpur Malaysia

  • Two-day physical event featuring 50+ speakers, 50 sessions, and 20+ exhibitors will be held on June 3rd and 4th, 2023 at Mid Valley Exhibition Center Hall 1
  • Guest of Honour Minister of Economy YB Tuan Mohd Rafizi Bin Ramli and Bursa Malaysia CEO Datuk Muhamad Umar Swift will deliver their address on Day 1
  • The event is jointly organised by ShareInvestor and InvestingNote, and supported by Bursa Malaysia, MSWG (Minority Shareholders Watch Group) and CFA Society Malaysia

ShareInvestor Malaysia Sdn Bhd, Malaysia’s largest independent platform for investor relations, market data tools and investor education, today announced the launch of INVEST Fair, Malaysia’s largest investment fair. Under the vibrant theme of “Grow Your Money Lahh!”, this year’s event encourages participants to “Simplify investing through diversifying assets”.

Held from 10am – 9pm on 3rd June (Saturday) and 10am – 7pm on 4th June (Sunday), INVEST Fair will host more than 50 expert speakers from the field of finance and investment. These professionals will share their wealth of knowledge through 50 enriching sessions, covering a broad spectrum of topics including the latest market outlook, sector insights, investment knowledge, trading skills, cryptocurrency, and property investment. Selected sessions will be conducted in Malay and Chinese to inspire all Malaysians to be prudent and savvy investors.

In addition to the enriching sessions and valuable investment insights, more than RM20,000 worth of prizes are up for grabs.

“We are excited to host INVEST Fair 2023, aiming to provide an interactive and educational platform for both seasoned and novice investors,” said Mr Christopher Lee, CEO of ShareInvestor Group, who will deliver the welcome address. “This event is a great opportunity for attendees to gain insights from a rich line-up of experts and to network with key industry players.”

Guest of Honour, YB Tuan Mohd Rafizi Bin Ramli, Minister of Economy Malaysia will deliver the Ministerial Address at 10am on Saturday 3rd June 2023, after the opening address from Datuk Muhamad Umar Swift, the CEO of Bursa Malaysia.

One of the highlights of the two-day event is the special session by Mr Robert P. Miles, an internationally acclaimed keynote presenter, author, and distinguished authority on Warren Buffett and Berkshire Hathaway. He will share his expertise on “How to Become a Value Investor Like Warren Buffett”, a must-attend session for all Warren Buffett enthusiasts.

For more information on the event and registration details, please visit our official website at https://my.invest-fair.com/

Media passes are available upon request.

Media Contact :
Mr Darren Chong
Head of Investor Platforms,
ShareInvestor Sdn Bhd
Email: darren.chong@shareinvestor.com
Mobile: +60 014-9441639

About ShareInvestor ( www.shareinvestorholdings.com )
A leading regional media and technology company, ShareInvestor Pte Ltd (SI) was founded in 1999 to empower investors to make informed investment decisions. SI focuses on providing investor relations, market data and investor education services, and operates the largest investor relations network in the region.

SI Group has over 130 employees in four countries (Singapore, Malaysia, Thailand and Indonesia). It has also made strategic investments in investor relations/public relations firm, Waterbrooks Consultants Pte Ltd ( https://www.waterbrooks.com.sg/ ), and Singapore’s leading social media platform for investors, Investing Note Pte Ltd ( https://www.investingnote.com ).

SI ( https://www.shareinvestor.com/ ) provides online market data for multiple markets across its online platform tools ShareInvestor Station(TM), ShareInvestor WebPro(TM) and ShareInvestor Mobile. Its other products include Investor-One (https://www.investor-one.com/), a website on investor education, market news, corporate developments, and data analytics; as well as Inve$t, the e-magazine published weekly in Singapore and Malaysia.

SI organises financial investment seminars and conferences for investors. Its annual large-scale events INVEST Fair(TM) ( https://investfair.com.sg) in Singapore and Malaysia draws thousands of participants.

About InvestingNote (www.investingnote.com)
Investing Note is the largest and most interactive platform for investments in Singapore and Malaysia. We’re here to make investing Fun & Profitable!

It is a community-driven platform designed specifically to help investors and traders to share ideas on stocks, personal finance, news and insights through social networking and a variety of useful investment tools.

Previously, the company (Investing Note Pte Ltd) has received funding support from Infocomm Media Development Authority (IMDA) and Singapore Press Holdings (SPH).

OCTO, new FinOps solution from Alphaus, to help businesses maximize ROI on their cloud usage

Alphaus Inc. (https://alphaus.cloud/en/), the market leader in cloud financial management (CFM) solutions in Japan with a growing regional presence in Southeast Asia, is extending its suite of SaaS solutions to cater to SMEs and large enterprises running on cloud infrastructure.

Having successfully delivered huge cost savings to companies in Japan and Southeast Asia through its proven solutions for managed service providers (MSP), the company is now globally introducing OCTO, a SaaS-based FinOps platform for any business that uses cloud infrastructure for its operations. Beyond cost savings, OCTO enables finance, FinOps and DevOps teams to work together effectively to achieve the best outcomes for the business. Moreover, OCTO integrates effectively with a multitude of third-party solutions, acting as the connecting hub that brings them all together. This seamless integration enhances user experience, solidifying OCTO as an essential tool for end-users.

Companies interested in minimizing wasted cloud spend, saving costs and maximizing their ROI are now invited to sign up for the waitlist to experience the many benefits of OCTO.

OCTO enables cost aggregation by account, service, or tags with centralized account management for AWS, Azure, and Google Cloud Platform (GCP). Smart visualization through project-specific dashboards provides a clear view and understanding of all cloud costs. With advanced tag management, OCTO then intelligently distributes project costs and allocates credits and savings through its optimization capabilities. It helps businesses with a comprehensive cost optimization cycle covering numerous daily operations and enabling auto-pilot cost optimization, together with detailed metrics for gauging success of plans and actions.

“Due to the growing complexity of cloud technologies, most businesses find it a significant challenge to track cloud usage and associated costs across the organization. This lack of clear visibility and understanding of cloud costs negates the potential benefits and savings for companies by using the cloud,” said Hajime Hirose, CEO of Alphaus. “We aim to solve this problem at scale with a versatile, comprehensive, and user-centric solution like OCTO, and help any business- whether it is a SME or a large-enterprise- to fully realize the benefits of using the cloud. Beyond understanding cloud spend, we want to empower businesses to seamlessly manage and optimize that spend with appropriate allocation, generate savings, and make a tangible impact on their bottom line.”

Don’t miss out on the opportunity to save on cloud costs and maximize your ROI. Sign up for the waitlist today and be among the first to experience the many benefits of OCTO. Visit: https://lp.alphaus.cloud/

About Alphaus Inc.

Alphaus (https://alphaus.cloud/en/), a VC-backed tech start-up on a mission to simplify cloud computing for everyone, specializes in Cloud Financial Management (CFM) solutions. The company enables cloud services partners and other businesses to understand, manage and optimize complicated cloud spend, billings and resource allocation for maximizing ROI on their investments in the cloud. Alphaus provides a suite of Software-as-a-Service (SaaS) solutions for multi-cloud management supporting AWS, Microsoft Azure, and Google Cloud.

Founded in 2015, Alphaus Inc. is backed by reputed investors like DNX Ventures, NTT DoCoMo Ventures, Mitsubishi UFJ Capital, Archetype Ventures, Accord Ventures, and 500 Global. The company’s roster of clients includes NTT Data, Nomura Research Institute (NRI), and ISI-Dentsu. Headquartered in Japan, Alphaus has a rapidly growing Global Delivery Centre and Regional Headquarter in Kuala Lumpur Malaysia to support its rapid expansion in the Asia Pacific and Oceania regions.

Media Contact:
Hajime Hirose, CEO
Tel: +81.70.3173.7354
E-mail: Hajime.hirose@alphaus.cloud

Experience the Future With Neeyamo’s Autonomous Global Payroll Solution

  • Neeyamo Payroll(TM) 3.0 offers organizations a hyper-automated, holistically-global, and fully-integrated payroll solution that caters to their multi-country payroll needs.

Neeyamo, a market leader in global payroll and global work solutions, announced the launch of Neeyamo Payroll 3.0 at the prestigious Payroll Congress on May 16, 2023.

Neeyamo Payroll 3.0

Payroll 3.0 is a revolutionary upgrade to its Neeyamo Payroll product that can process global payroll in less than five clicks. It is an unrivaled global solution entirely in-house, unburdened by any ICP or external software.

Payroll 3.0 heralds a new era of autonomous global payroll and offers organizations a panoramic view of their payroll operations. Real-time insights and intuitive visualizations provide the ability to monitor compliance and make data-driven decisions. Smart AI and ML-driven input and output validation eradicates errors and discrepancies, automates tax compliance, and simplifies complex payroll calculations.

At the heart of its ability to process payroll faster is the single global payroll platform bolstered by native gross-to-net capabilities in 100+ countries. This comprehensive global coverage ensures seamless payroll operations across diverse geographical locations, enabling organizations to navigate complex payroll requirements effortlessly.

With a powerful global dashboard to provide actionable intelligence, a smart payroll console that oversees input and output validation, and infinite pay drafts that allows unparalleled flexibility and accuracy, organizations can confidently navigate the payroll landscape.

Neeyamo’s dedication to simplifying the global payroll chaos while ensuring compliance, accuracy, and efficiency is at the heart of Payroll 3.0, which seamlessly blends precision and innovation.

Speaking about the launch, Ashok Bildikar, Chairman and Managing Director at Neeyamo, said, “With its powerful global dashboard, smart payroll console, faster processing times, and infinite pay drafts, Payroll 3.0 represents our commitment to revolutionizing payroll management and delivering exceptional value to our clients worldwide. Join us in embracing the power of autonomous global payroll, and don’t miss out on this opportunity to be at the forefront of the payroll revolution.”

About Neeyamo

Neeyamo is a leading technology-enabled global payroll and EOR solutions provider for multinational and micro-multinational corporations worldwide. With an extensive team of professionals serving clients across 160+ countries, Neeyamo leverages its unique service-based model and functionality-rich, next-generation HR & payroll products portfolio to help organizations enable agile and scalable business. Ignite your payroll revolution and get to know more at www.neeyamo.com or send us an email at irene.jones@neeyamo.com.

Contact Information:
Irene Jones
Global Payroll Evangelist & Thought Leader
irene.jones@neeyamo.com

Solver Experiences 81% Growth & Opens New Office in Europe

  • Solver Denmark further expands European footprint following explosive YoY growth.

Solver, an award-winning global leader in cloud-based Corporate Performance Management (CPM) software including Budgeting, Forecasting, Reporting, Consolidations, and Dashboard solutions for mid-market ERPs, today announced a stunning 81% YoY growth in Q1 cloud revenues. They also announced the opening of Solver Denmark, a new sales and service office in Copenhagen.

Solver’s unique rapid deployment model for cloud-based Corporate Performance Management (CPM) software helps midsized organizations achieve their strategy using 100+ free, ready-to-use and customizable planning, reporting, and dashboard templates.

“Solver Denmark is a strategic country for Solver, due to its strong Microsoft Dynamics 365 Business Central and Finance development and customer presence,” said Tad Remington, Chief Commercial Officer at Solver.

“Solver Denmark solidifies our market and software development presence in Scandinavia, along with our Norway and Sweden offices.” – Tad Remington, Chief Commercial Officer, Solver.

Solver held the grand opening of the Solver Denmark office on April 1, continuing the company’s expansion across Europe. Solver holds a strong European footprint featuring established offices that serve Ireland, Italy, Norway, Switzerland, Sweden, France, the United Kingdom, and Germany.

“The Denmark office is fully operative and already selling and implementing Solver software,” said Morten Tonsberg, CEO at Solver Norway and Chairman of the Board at Solver Denmark. “We are now looking to expand by working with Microsoft Dynamics 365 partners in the local area.”

“Extensive research on the Danish market demonstrated repeatedly that local businesses desire instant access to critical reporting and planning solutions,” said Klaus Kristensen, Managing Director at Solver Denmark. “The Solver QuickStart rapid deployment methodology serves this need because it delivers a one-day deployment, including 100+ ready-to-use, customizable templates pre-mapped to clients’ Business Central data. This is unique for planning and reporting software, and we are already seeing strong demand.”

Local Microsoft Dynamics 365 partners are encouraged to learn more about Solver:
– Understand Solver QuickStart rapid deployment https://www.solverglobal.com/quickstart/
– Browse the Solver Marketplace for on-demand, ready-to-use templates https://www.solverglobal.com/marketplace-templates/
– Preview the complete Solver Suite https://www.solverglobal.com/solver-suite-tour/

About Solver
Founded in 1996, Solver has won countless awards for its Corporate Performance Management solution that delivers FP&A solutions to meet midsize business needs. The CPM solution provider has been repeatedly named a CPM Leader by G2. Solver integrates with leading ERPs and is sold through our global offices and worldwide network of partners. Please visit www.solverglobal.com or contact info@solverglobal.com to learn more.

Contact Information
Tad Remington
Chief Commercial Officer
marketing@solverglobal.com
(310) 691-5300

SOURCE: Solver, Inc.

Aquilius Investment Partners Closes Its Maiden Secondaries Fund at over US$400 Million

  • Aquilius Investment Partners is announcing the final close of its maiden AIP Secondary Fund I at over US$400 million of client commitments.
  • The fund targets investments in secondaries transactions across the Asia Pacific, with the aim of building broadly diversified asset portfolios at attractive risk-return profiles.
  • Founded by long-time Asia industry veterans Bastian Wolff and Christian Keiber, Aquilius seeks to capitalize on the fast growing and largely untapped Asian secondaries market.

Aquilius Investment Partners (Aquilius or the Firm), a Singapore based investment manager focused on secondaries in the Asia Pacific region, has announced the final closing of its maiden AIP Secondary Fund I, LP. (AIP SF I), at over US$400 million in client commitments. Alongside these commitments, the Firm has raised an additional US$200m of managed accounts available for co-investments from its investors. AIP SF I’s limited partners include global institutional investors such as sovereign wealth funds, endowments, and family offices.

Christian Keiber, Founding Partner, said: “We have seen strong institutional demand for our dedicated Asia secondaries strategy and are grateful for the trust that our clients have placed in us with the closing of our maiden fund. As investment managers, we seek to provide our clients with a differentiated, lower-risk access to Asia’s private markets and we are excited by the market opportunity, which continues to grow rapidly across both traditional LP secondaries and more complex GP-led secondaries transactions.”

Through AIP SF I, Aquilius is targeting investments in traditional and non-traditional secondaries transactions across the fast-growing and largely untapped Asia Pacific region. To date, the fund has made existing investments across a comprehensive set of secondary solutions ranging from the acquisition of limited partnership interests to recapitalization of closed-ended funds and joint ventures, and seeks to capitalize on the liquidity needs across Asia’s private markets landscape.

Bastian Wolff, Founding Partner, said: “We created Aquilius to provide custom-tailored liquidity solutions for both Limited and General Partners across their private market investments in the region. We are seeing an increasing need for our product, driven by a slow-down in overall exit activity, a significant tail of unrealized NAV across older fund vintages, and a changing regulatory environment. Our approach is focused on solving investors’ headaches through flexible, patient, and solutions-oriented capital and our deep local experience and network position us well to do so.”

ABOUT AQUILIUS INVESTMENT PARTNERS
Founded by Bastian Wolff and Christian Keiber, Aquilius is a specialized provider of secondaries solutions in the Asia Pacific region. Headquartered in Singapore, Aquilius’ platform is designed to serve the entirety of the Asian secondaries market, with capabilities spanning across LP fund transfers, GP-led transactions, and secondary direct transactions. Aquilius’ team consists of senior professionals with long tenures in investment management at leading global private markets organizations and have executed over US$2 billion of transactions through market cycles. www.aquilius.com

MEDIA CONTACT
PRecious Communications
Email: aquilius@preciouscomms.com
Tel: +65 6303 0567

Trintech Announces Appointment of Darren Heffernan as New CEO

  • Teresa Mackintosh to become Executive Chair of Board of Directors

Trintech, a leading global provider of cloud-based financial close solutions for the Office of Finance, today announced that Darren Heffernan, President & Chief Operating Officer, will become the company’s next Chief Executive Officer, effective May 1, 2023. Heffernan will succeed Teresa Mackintosh, who will transition to Executive Chair of the Trintech Board of Directors, after a successful seven-year tenure leading the company.

Heffernan, who has been with Trintech since 2001, has held a number of strategic and corporate development roles throughout his tenure at the company. He has been instrumental in driving significant growth in his capacity as CFO and President & COO, as well as through his involvement in the company’s international business expansion. Heffernan’s diverse experience and deep industry knowledge will inform his stewardship of Trintech’s continued focus on the company’s operational excellence and commitment to client service, partnership and growth.

Prior to Trintech, Heffernan held various finance and operational positions, driving innovation with companies like GE, Paramount / Universal Studios, IAWS and Anglo American.

As Executive Chair, Mackintosh will continue to work closely with Heffernan and Trintech’s leadership team to ensure a smooth and successful transition. She is steadfast in her commitment to advancing Trintech’s position as a leading global SaaS provider for the Office of Finance.

“I am incredibly proud of all that we have accomplished over the past seven years,” said Mackintosh. “The team’s unwavering commitment to serving our customers and supporting our partners has been astounding. I am excited to now welcome Darren as Trintech’s next CEO. Darren has been critical in driving Trintech’s growth for over twenty years, and his passion for innovation and deep understanding of our company culture is unmatched. Darren’s focus on operational excellence will help us to meet and exceed the evolving needs of our expanding client base while also driving Trintech’s growth trajectory. I look forward to our continued partnership in my new role as Executive Chair.”

“On behalf of the Board of Directors, I want to extend my sincerest gratitude to Teresa for her exemplary leadership throughout these past seven years,” said Pete Rottier, Managing Director of Summit Partners. “Under her leadership, Trintech tripled its revenue, solidifying its position as a leader and trusted partner in the global SaaS market for the Office of Finance. The Board is looking forward to Trintech’s continued growth under Darren’s leadership. With his strong strategic, financial, and operational background, and clear dedication to the company’s business and customers, we believe Darren is the ideal person to lead Trintech forward in the years to come.”

“It is a tremendous honor to serve as Trintech’s next CEO,” said Heffernan. “Teresa has been an incredible leader and colleague, and I am privileged to have worked alongside her for the past several years. I want to thank both Teresa and the entire Board for their support and confidence. I look forward to continuing our commitment to deliver better solutions and innovative services for our clients, collaborating with our global partners, expanding our business with exciting new opportunities for growth and building the company with the help of our tremendous employees.”

About Trintech
Trintech, a leading global provider of cloud-based, integrated reconciliation and financial close solutions for Finance & Accounting departments. From high volume transaction matching, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, close management tasks, to governance, risk and compliance – Trintech’s portfolio of financial solutions, including its Cadency(R) Platform (for large enterprises) and Adra(R) Suite (for mid-market organizations), help manage all aspects of the reconciliation and financial close processes. Trintech’s excellence in both innovation and client support have been recognized with a variety of awards over the years including most recently “Easiest to Do Business With” and “Fastest Implementation” in G2’s Fall 2022 Report. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on Trintech’s solutions to enable their F&A operation to become a strategic partner to the business by controlling risk, driving efficiencies, and providing strategic insights.

Headquartered in Plano, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands, and the Nordics, as well as strategic partners in South Africa, Latin America, and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook, Twitter and Instagram.

Media Contact:
Kelli Shoevlin
Director, Global Corporate Marketing & Communications
kelli.shoevlin@trintech.com

SOURCE: Trintech

REITs Symposium 2023: Staying Resilient Amidst Global Headwinds, to be held on Saturday 20 May

ShareInvestor Pte Ltd, Singapore’s largest independent platform for investor relations, market data tools and investor education, today announced the launch of the annual REITs Symposium, the largest real estate investment trusts (REITs) event in Singapore.

A highly anticipated event, the REIT Symposium is set to return as a fully physical event which will seek to address global headwinds such as interest rates, inflation, muted economic growth, and mixed market sentiments that impact the REIT industry.

This year’s symposium will feature insightful discussions and keynote presentations from esteemed REIT management such as CEOs, CFOs, economists, fund managers and industry experts. They will share their expertise on the current market conditions, as well as provide valuable tips and insights on how to evaluate and invest in REITs.

Mr Christopher Lee, CEO, ShareInvestor Group said: “We are excited that the 2023 edition of the REITs Symposium will be a fully physical event, post-Covid19 pandemic. We are expecting over 1,000 attendees from the investment community who will have the opportunity to participate in interactive sessions, which aim to answer key questions: amidst the chaos, how resilient are REIT sectors? What will happen when interest rates remain high? How will REIT and property managers adapt to this “new normal”? Where are the Opportunities?

“In addition to the informative talks, this year’s highlights include fun booths where attendees can engage with the REITs community and gain insights into the industry and a Technical Analysis Zone, offering in-depth trading information and tools for making informed investment decisions. There is also a Financial Influencer and Blogger Meet-Up, providing opportunities to network with key opinion leaders in the REITs space,” Mr Lee added.

REITs Symposium will take place on May 20, 2023, at Suntec Convention Centre Hall Level 3 from 9:00AM – 6:00PM. Early Bird Tickets priced at S$10 per pax and Buddy promotion at S$14 for 2 pax; Members of the press are encouraged to get in touch for more information and media passes.

The REITs Symposium 2023 is an unmissable event for anyone interested in real estate investments, providing an invaluable platform for networking, learning, and discovery. For more information on the event and registration details, please visit our official website at https://reitsymposium.com/home.html.

Media Contacts:
Mr Ethan Ho
Head of Investor Platforms, Shareinvestor Pte Ltd
Email: ethan.ho@shareinvestor.com

Mr Wayne Koo
Mobile: +65 9338-8166
Office: +65 6958-8008 / 6958-8005 / 6958-8006
Email: query@waterbrooks.com.sg
Email: wayne.koo@waterbrooks.com.sg

About ShareInvestor (www.shareinvestorholdings.com)

A leading regional media and technology company, ShareInvestor Pte Ltd (SI) was founded in 1999 to empower investors to make informed investment decisions. SI focuses on providing investor relations, market data and investor education services, and operates the largest investor relations network in the region.

SI Group has over 130 employees in four countries (Singapore, Malaysia, Thailand, and Indonesia). It has also made strategic investments in investor relations/public relations firm, Waterbrooks Consultants Pte Ltd (www.waterbrooks.com.sg/ ), and Singapore’s leading social media platform for investors, Investing Note Pte Ltd (www.investingnote.com).

SI (www.shareinvestor.com) provides online market data for multiple markets across its online platform tools ShareInvestor Station(TM), ShareInvestor WebPro(TM) and ShareInvestor Mobile. Its other products include Investor-One (https://www.investor-one.com), a website on investor education, market news, corporate developments, and data analytics; as well as Inve$t, the e-magazine published weekly in Singapore and Malaysia.

SI organises financial investment seminars and conferences for investors. Its annual large-scale events INVEST Fair(TM) (www.investfair.com.sg) in Singapore and Malaysia draws thousands of participants.

About REITAS (www.reitas.sg)

REITAS is the representative voice of the Singapore REIT (S-REIT) sector. It provides its members a representation and engagement in consultation opportunities with policy makers on issues affecting S-REITs. The association also organises talks, courses, investor conferences and retail education events to promote understanding and investment in Singapore REITs.

About InvestingNote (www.investingnote.com)

InvestingNote is a Singapore-based company that created a community-driven platform that helps retail investors connect with experienced, professional investors to exchange investing ideas and financial knowledge, across both Singapore and Malaysia. We’re here to make investing Fun & Profitable!

Anglepoint Launches ServiceNow App: IBM Licensing for Software Asset Management

The App Provides Enhanced Abilities to Discover and Classify IBM Products

Anglepoint, the leading Software Asset Management (SAM) services provider to the Fortune 500 and Global 2000, has launched its first app on the ServiceNow app store, IBM Licensing for Software Asset Management. This app, combined with Anglepoint’s IBM Managed Service, offers the ability to identify, measure, and track IBM’s software natively within ServiceNow. The app is available now in the ServiceNow Store as part of the ServiceNow “Utah” release and is a companion app to ServiceNow’s IBM License Compliance for Software Asset Management app.

For customers who are also under IBM’s Authorized SAM Provider program (IASP) with an Anglepoint managed service, IBM may accept this solution as a replacement to ILMT for sub-capacity reporting.

Anglepoint Vice President Mari Petersen says, “As a leader in the Gartner Magic Quadrant three years in a row, Anglepoint is the premier organization to provide solutions to our clients that best meet their needs and benefit their ITAM Programs. For organizations who have or are considering investing in the ServiceNow platform and services for IBM software asset management, this app is the obvious solution. Connecting Anglepoint’s unparalleled expertise in IBM licensing with the power of the ServiceNow solution provides customers with the opportunity to understand how to optimize their IBM software licensing spend.”

Key features and benefits of the IBM Licensing for Software Asset Management app include:

  • Measure IBM sub-capacity (under the IASP program only)
  • Access IBM licensing expertise
  • Simplify license management
  • Gain confidence and visibility of IBM assets within ServiceNow SAMP
  • Identify opportunities for cost reduction

The launch of the app in partnership with ServiceNow provides IBM customers a solution that leverages the full power of the ServiceNow platform.

To access the free app, customers will need to be using the newest version of ServiceNow “Utah” and engage with Anglepoint for an IBM Managed Service. To learn more about this solution, please contact Anglepoint at servicenow@anglepoint.com.

ABOUT ANGLEPOINT
Anglepoint is the leading provider of Software Asset Management & Technology Asset Management services to the Fortune 500 & Global 2000. Anglepoint’s services drive cost optimization, risk mitigation & strategic planning within the cloud, SaaS, enterprise software & hardware estates of complex hybrid IT environments. Anglepoint delivers comprehensive managed services, including SAM strategy, execution, process automation, and technology selection & implementation. Connect with Anglepoint on LinkedIn, Facebook, Twitter, and Anglepoint.com.

Contact Information
Alison Frederick
Director of Analyst Relations and Client Experience
info@anglepoint.com

SOURCE: Anglepoint