Legal Archives - Page 4 of 9

CleverTap launches local deployment of its SaaS platform in UAE

CleverTap, the leading global B2B SaaS platform for customer engagement and retention, has made its platform available within the UAE through data centers hosted on Amazon Web Services (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN). It will help CleverTap’s customers in the UAE strengthen compliance in accordance with amendments to the DIFC (Dubai International Financial Centre) Data Protection Law and the updated Data Protection Regulations enacted on May 21, 2020, and effective since July 1, 2020. These regulations are aimed at further enhancing the protection of all personal data belonging to UAE citizens and is applicable to any entity processing and storing data.

“As a company committed towards maintaining the highest global standards of data privacy and security, we have deployed our platform locally in the UAE with the help of AWS.” said Anand Jain, Co-Founder & Chief Product Officer, CleverTap. “Providing our services through local data centers will ensure our customers in UAE seamlessly comply with their respective data residency requirements. This is yet another example of our commitment to delivering not just business value and growth to our customers, but also ensuring that their data is safe and compliant at all times.” he added.

About CleverTap

CleverTap is the all-in-one customer engagement platform that helps brands personalize and optimize all consumer touch points to improve user engagement, retention, and lifetime value. It’s the only solution built to address the needs of retention and growth teams, with audience analytics, deep-segmentation, multi-channel engagement, product recommendations, and automation in one unified product.

The platform is powered by TesseractDB(TM) – the world’s first purpose-built database for customer engagement, offering both speed and economies of scale. CleverTap is trusted by 2000 customers, including Electronic Arts, TiltingPoint, Gamebasics, Big Fish, MobilityWare, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa John’s, and Tesco.

Backed by leading investors such as Sequoia India, Tiger Global, Accel, and CDPQ the company is headquartered in Mountain View, California, with presence in San Francisco, New York, Sao Paulo, Bogota, London, Amsterdam, Sofia, Dubai, Mumbai, Singapore, and Jakarta. For more information, visit clevertap.com or follow on LinkedIn and Twitter.

Forward-Looking Statements

Some of the statements in this press release may represent CleverTap’s belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.

Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.

For more information:

SONY SHETTY
Director, Public Relations, CleverTap
+91 9820900036
sony@clevertap.com

VISHAAL MUDHOLKAR
Consultant
Archetype
+91 9724309069
vishaal.mudholkar@archetype.co

Olympus Names Wenlei Yang the Newly Established Chief Diversity, Equity and Inclusion Officer

A key driver for future business success in line with the company’s newly launched DEI strategy

Effective June 1, Wenlei Yang will be named Chief Diversity, Equity and Inclusion Officer for Olympus Corporation (Olympus), a global MedTech company committed to making people’s lives healthier, safer and more fulfilling.

In this newly established role, Wenlei will drive, oversee and implement initiatives related to Olympus’ new Diversity, Equity and Inclusion (DEI) directions set as part of the company’s global ESG strategy announced on May 12, 2023. The company will deepen measures to fully realize the DEI principles in all facilities worldwide to foster a healthy organizational culture.

Effective June 1, Wenlei Yang will be named Chief Diversity, Equity and Inclusion Officer for Olympus Corporation. Wenlei will drive, oversee and implement initiatives related to Olympus’ new Diversity, Equity and Inclusion (DEI) directions, set as part of the company’s global ESG strategy announced on May 12, 2023.

Wenlei joined Olympus in 1992 and held various roles during the following 18 years, mainly in global sales and marketing positions across China, Hong Kong and Japan. In 2010, she was assigned Head of Sales & Marketing Division and General Manager of the Imaging Business and General Manager of Olympus China. Wenlei was then appointed Regional Representative Officer, China in 2019. In 2023, she was appointed Regional Representative Officer, Japan. Moving forward, Wenlei will continue to represent Japan as the Regional Representative Officer and will also lead initiatives related to Olympus’ global DEI strategy.

“Both employees and society hold expectations of DEI that are constantly evolving, and as a leading global MedTech company, we must remain informed of global trends and implement appropriate solutions for Olympus to meet the expectations of our stakeholders,” said Shigeto Ohtsuki, Olympus Chief Human Resources Officer. “The creation of this new role will ensure a strong global governance structure for our DEI program. Together with Wenlei’s multilingual skills and extensive global management experience, her background exemplifies the benefits and goals of being committed to DEI principles. I am confident that Wenlei’s seasoned leadership will propel our organization toward our DEI goals.”

DEI efforts concerning other pillars, including age, race, sexual orientation, gender identity, socioeconomic status, ethnicity, (dis)ability, religion, opinions and political stance, are all equally important in Olympus. [Image: Olympus]

Olympus continuously works to build an inclusive culture and equitable systems, where everyone, including those within the communities it serves, is accepted for who they are, with equal access to opportunities.

The company has formulated a vision and developed a phased plan to advance all aspects of DEI in Olympus. After the foundation is set in the initial phase, company processes and systems will be reviewed through a DEI lens, making DEI part of its daily operations to further contribute to its external partners and the communities Olympus serves.

Four key themes are prioritized at the global level[1] under the DEI strategy

1. Gender and Life Priority: Further support for women employees and all care takers[2] that may have time constraints due to personal life events.
2. Nationality and Culture: Increase diversity and ensure equitable access to opportunities regardless of nationality, culture or language skills.
3. Career and Experience: Enhance employee professional experience and broaden the perspective of team and organizational coverage.
4. Inclusive Environment: Ensure an environment where everyone can speak up freely and collaborate effectively.

To address the four themes, on top of on-going initiatives[3], concrete new initiatives will continue to be introduced to global employees.

KPIs and targets to accelerate DEI initiatives

1. Achieve 30% representation of women in management roles globally and 13% at Olympus Corporation (Japan) by the fiscal year ending March 31, 2028.
2. Achieve 100% of eligible men in Japan taking parental leave by FY2026.
3. Increase nationality and cultural diversity in the organization and increase employee engagement survey scores.

[1] DEI efforts concerning other pillars, including age, race, sexual orientation, gender identity, socioeconomic status, ethnicity, (dis)ability, religion, opinions and political stance are all equally important in Olympus. Further increases in diversity and ensuring equity in each pillar are to be driven in each region, taking regional features into account.
[2] Caretakers are people who need to both work and take care of their children, parents, or other loved ones.
[3] Includes global DEI training for managers, enhanced work-life balance support for all genders, increased opportunities to apply for global roles, language learning opportunities, and a pilot Peer Learning Program.

About Olympus
At Olympus, we are committed to Our Purpose of making people’s lives healthier, safer and more fulfilling. As a global medical technology company, we partner with healthcare professionals to provide best-in-class solutions and services for early detection, diagnosis and minimally invasive treatment, aiming to improve patient outcomes by elevating the standard of care in targeted disease states. For more than 100 years, Olympus has pursued a goal of contributing to society by producing products designed with the purpose of delivering optimal outcomes for its customers around the world. For more information, visit https://www.olympus-global.com/ and follow our global Twitter account: @Olympus_Corp.

Media contact:
Nao Tsukamoto
Tel: +81-80-8853-9124
Mail: Global-Public_Relations@olympus.com

Olympus Corp [TYO: 7733] [ADR: OLYMY] [STU: OLY1] [FRA: OLYS] https://www.olympus-global.com

Sandline Global Announces Strategic Partnership With Everlaw for German eDiscovery Market

Sandline will showcase Everlaw capabilities for legal teams at the Legal Revolution Conference in Nuremberg on May 3 and 4, with an interactive workshop on the platform.

Sandline Global, a premier eDiscovery, iManage and Litera service provider with primary offices in Frankfurt, Germany, and New York, announced today it has entered into a multi-year strategic partnership to bring Everlaw’s cloud-based service eDiscovery platform to Germany and the wider European market. The agreement enables Sandline to provide its best-in-class services to legal teams, law firms and corporations in Germany with Everlaw’s state-of-the-art technology, rich collaboration features, advanced AI and a modern, intuitive interface for efficient and effective eDiscovery.

“We are thrilled to expand our partnership with Everlaw to serve our law firm and corporate clients in Europe,” said Ralf Kaiser, CTO of Sandline Global. “We look forward to educating the European market on the combined Everlaw-Sandline service offering. And to provide a more comprehensive and streamlined approach to eDiscovery. As a local German team, we help clients navigate the complexities of the German eDiscovery market.”

As regulators in Germany and the EU continue to ramp up new policies and GDPR requirements, legal teams are looking to shore up their privacy, security and compliance stance for litigation and investigations. Legal teams need to be agile and move quickly in order to efficiently and accurately uncover the evidence needed to argue and win cases, but legacy tools based on hosted services and manual processes hold them back.

“As the eDiscovery landscape in Germany becomes more complex with new regulations, Sandline’s expertise plays a critical role in bridging the gap with needed staffing, skills and project management,” said Rich Liu, chief revenue officer at Everlaw. “Legal teams will benefit from an all-in-one eDiscovery service on a cloud-native platform with expertise from a trusted partner who knows the local market. This partnership ensures game-changing outcomes to chart a straighter and more secure path to the truth.”

The combined strengths of Sandline Global and Everlaw, along with their successful track record in supporting United States clients, creates a unique and unparalleled offering for European clients.

On May 3rd and 4th, Sandline Global will showcase Everlaw capabilities at the Legal Revolution Conference in Nuremberg, Germany, with an interactive workshop on the Everlaw platform.

About Sandline
Sandline Global is a premier litigation support and eDiscovery service provider, supporting legal teams in the United States and globally. Sandline specializes in delivering innovative digital evidence solutions with exceptional, high-touch service. With Sandline’s global network of offices and data centers in Frankfurt, Washington D.C., New York City, Taipei, Dubai and Karachi, the firm utilizes best-of-breed technology, custom workflows, and deep industry experience to support complex investigations and litigation matters. In addition to providing forensics, eDiscovery and document review services, Sandline also designs and supports iManage deployments for law firms and legal departments. Learn more: https://www.sandlineglobal.com.

About Everlaw
Everlaw helps legal teams navigate the increasingly complex eDiscovery landscape to chart a straighter path to the truth. Trusted by Fortune 100 corporate counsel, 91 of the Am Law 200, and all 50 state attorneys general, Everlaw’s combination of intuitive experience, advanced technology, and partnership with customers empowers organizations to tackle the most pressing technological challenges-and transform their approach to discovery and litigation in the process. Founded in 2010 and based in Oakland, Calif., Everlaw is funded by top-tier investors, including Andreessen Horowitz, CapitalG, HIG Growth Partners, K9 Ventures, Menlo Ventures, and TPG Growth. Learn more: https://www.everlaw.com.

Contact Information
Cara Lemire
VP of Sales & Marketing
clemire@sandlineglobal.com
(703) 520-1001

Colleen Haikes
press@everlaw.com

SOURCE: Sandline Global

ASTI Says Requisitioners’ Call for Board Overhaul Could Disrupt Operations After Recent Financial Turnaround, and Be Counter-Productive to An Exit Offer

ASTI Holdings (ASTI or the Company) said today that any attempt to overhaul the composition of its current board of directors would potentially disrupt operations and financial performance after a recent turnaround, and be counter-productive to ongoing efforts to secure an exit offer to unlock value for shareholders.

The directors were responding to the 53-page 3 April 2023 Circular released by four shareholders – Mr. Ng Yew Nam (“Mr. Ng”), Mr. Lim Chee San, Mr. Toh Cheng Hai and Mr. Ng Kok Hian – who had requisitioned to replace the current board of SGX Mainboard-listed ASTI with new directors. The directors consider several statements in the circular to be “wrong or misleading or give an incomplete picture”.

While the requisitioners had highlighted “adverse developments… and the deteriorating value of the Company’s shares”, the directors said ASTI had declared an interim dividend of 0.45 Singapore cent for the financial year ended 31 December 2022 (“FY2022”) – its first from operating profits in a decade – after recording a profit after tax of S$3.0 million that reversed a pre-tax loss of S$8.1 million in FY2021.

The Board said the FY2022 turnaround led by Mr. Anthony Loh (the CFO who was given additional duties on 31 December 2021 as Acting CEO) was achieved after retrenchments at ASTI and its 40.9%-held subsidiary Dragon Group International Limited (“DGI”), ceasing loss-making units, downsizing corporate and administrative functions and relocating to a smaller office.

Notably, the Directors added, the cost-cutting included reducing the remuneration of the then CEO, Dato’ Michael Loh and the then Group Business Development Director Mr. James Soh (“Mr. Soh”) which reduced total employee remuneration by S$3.3 million per year. The latter is one of two candidates proposed by the requisitioners as incoming executive directors.

Mr. Soh was ASTI’s Vice President of Business Development from 2019 up to his retrenchment in 2021, a tenure which coincided with the Company’s recent loss-making years. He was concurrently the Vice President of Business Development at DGI. In FY2020, Mr. Soh was ASTI Group’s highest-earning employee (excluding the CEO and directors) with an annual remuneration range of S$500,000 to S$599,999. In FY2019, he was one of the top four earners in the Group, with annual remuneration of between S$250,000 to S$499,999, ASTI said.

Despite the FY2022 performance, ASTI could not meet the deadline of 5 June 2022 to exit the SGX-ST Watch-list as its six-month average daily market capitalisation was short of the S$40 million threshold. After several attempts to extend the deadline were rejected, ASTI’s shares were suspended from 5 July 2022 pending the completion of an exit offer. ASTI is currently in discussions with Thailand-listed Capital Engineering Network Public Company Limited on a potential exit offer.

“The Company’s positive performance in FY2022 puts it in a stronger position to secure a fair and reasonable exit offer for shareholders as part of its directed delisting. This remains the Board’s immediate priority, and it is presently working hard to secure the same in order to maximise value to the Company’s shareholders,” ASTI said.

An overhaul of the management team and the removal of Acting CEO Mr. Anthony Loh “would potentially disrupt the Company’s operations and affect the Group’s financial performance moving forward. The Proposed Resolutions would also be counter-productive to the Board’s efforts to secure an exit offer in the near future” ASTI added.

ASTI also expressed concerns relating to the two persons that the requisitioners had proposed as incoming executive directors – Mr. Ng and Mr. Soh.

ASTI directors believe Mr. Ng has limited experience managing a listed company and “in navigating the company through the delisting and exit offer processes.” While the requisitioners’ circular had cited Mr. Ng as the current managing director of iTrue Technologies Pte. Ltd. and iTrue China Private Limited, a search of the ACRA business registry did not find any company registered under the latter name. ASTI urged shareholders to seek clarification as to whether there may be any other omissions, errors, or inconsistencies in the information provided by Mr. Ng in the Circular.

As to the other proposed executive director, Mr. Soh – a former Vice President of Business Development of the Company – who is now a business consultant to ASTI “had on several occasions declined the Board’s various invitations to familiarise himself with the Company’s business”. Also, he has no prior understanding of the Company’s tape and reel business operations in the Philippines, the Directors said.

The Directors also asked if the Proposed Directors including Mr. Soh and Mr. Ng had “a reasonable timeframe in which they aim to achieve a successful exit offer should they be appointed, whether they currently already have viable leads on an exit offer and whether they would be prepared to share these with the Company now that the Requisitioning Members have failed to call the Proposed EGM.”

The Board announced last week that the Extraordinary General Meeting originally proposed to be held on 5 May 2023 (“Proposed EGM”) was invalid and does not and cannot constitute a proper EGM as the requisitioners had failed to despatch relevant documents to shareholders on time.

The Board warned requisitioners “not to take any further step towards any purported ‘postponement’ of the Proposed EGM”, and that such actions “would be treated as deliberatively disruptive… as well as an attempt to sow confusion on the other shareholders.”

The Board also “exhorts the Requisitioning Shareholders as well as Mr. Soh to be “transparent and forthcoming”, and requested that Mr. Ng “should be transparent as to his possession or control of, or access to, one or more shareholding list(s) of the Company, or else he should issue an unequivocal denial. He should also explain the several sale and purchase agreements he entered into in February 2023… the price(s) he agreed to pay for the shares in question, and his motivations for so doing despite the fact that the trading of shares in the Company is suspended.”

Media & Investor Contact
Isaac Tang
WhatsApp (Text): +65 9748 0688
asti@wer1.net

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

RHTLaw Asia strengthens Real Estate Practice with appointment of new partner

Singapore-headquartered regional law firm RHTLaw Asia has appointed Mr Yeong Wai Cheong as partner in the firm’s Real Estate practice.

Wai Cheong brings extensive experience in real estate, banking and finance, representing Singapore-listed companies and banks, purchasers and vendors, developers, landlords and tenants across a range of domestic and cross-border financing and real estate matters.

He has been consistently ranked as a “Recommended Lawyer” for Real Estate in the Legal 500 Asia Pacific for seven consecutive years. Dual-qualified in Singapore and Hong Kong, Wai Cheong has represented parties for the sale and purchase and financing of industrial, commercial and residential properties in Singapore and Hong Kong.

In addition to his prior stint at RHTLaw Asia, Wai Cheong was also previously the General Counsel for Asia for an European bank and the Head of Legal for Singapore for two European banks.

RHTLaw Asia Managing Partner, Mr Azman Jaafar, said, “Real Estate will continue to be an important sector for us given Singapore’s position as a global financial centre. We will continue to strengthen our practice with the addition of new talent to support our clients. Mr Yeong is a welcome addition to our team as we roll out our new ONERHT Client UX strategy together with our core multidisciplinary capabilities.”

About RHTLaw Asia LLP

RHTLaw Asia LLP is a leading regional law firm headquartered in Singapore with a network of offices in 15 jurisdictions in Asia, Oceania, Middle East and Africa under the ASEAN Plus Group (APG) comprising over 2,000 lawyers. We help clients understand the local challenges, navigate the regional complexity to deliver the competitive advantage for their businesses in Asia. We are also the Singapore member of the Interlex Group, a global network of leading law firms.

RHTLaw Asia collaborates with ONERHT, an integrated network of multidisciplinary professional services, through entities which are not affiliates, branches, or subsidiaries of RHTLaw Asia LLP. For more details, please visit www.rhtlawasia.com

For Mr Yeong Wai Cheong’s profile, please visit:
https://www.rhtlawasia.com/people/yeong-wai-cheong/

About ONERHT

ONERHT is an integrated multidisciplinary platform of professional and specialist services. Since 2011, RHTLaw Asia’s founding team has developed a second engine of growth through ONERHT, an independent ecosystem of professional and specialist services, and networks, complementing RHTLaw’s full service legal offerings. For more details, please visit www.onerht.com

For media queries, please contact:
Elliot Siow / elliot.siow@rhtgoc.com / +65 8375 0417

Tracxn ranks LawSikho as the Top Legal Edtech Startup in the World

LawSikho, one of India’s leading online ed-tech brands, has been ranked as the number one legal ed-tech startup in the world, following latest research by Tracxn, the analytics and market intelligence platform. LawSikho, a pioneer in the legal ed-tech space, is a bootstrapped startup, and was ranked higher than funded legal ed-tech companies in the US and the UK by employee count and number of students, as well as by revenue.

LawSikho catered to over 9500 learners in the 2022 calendar year, and achieved almost US$6 million in revenues, by annualized run rate, as of February 2023. LawSikho employs over 380 full time professionals across 6 countries, and has helped thousands of learners – lawyers, students and homemakers from across India – find internships and work-from-home opportunities in the US, UK, Canada, Dubai, Australia, Switzerland and other countries through its organisation.

Gurugram-based LawSikho was earlier named “Best LegalTech Company of the Year” at the [3rd Edition] Technology Excellence Awards 2023, by Quantic India in New Delhi on March 10. The award recognized LawSikho’s contribution to the legal industry through its innovative and effective use of technology in legal education. LawSikho’s legal-tech has changed the education landscape, bridging the gaps in online classes, and creating extraordinary lawyers with exceptional legal acumen.

“The growth of LawSikho has been fueled by two trends, ‘Learn & Earn’, and remote work. However being at the forefront of the legal ed-tech industry comes with responsibilities. We fully believe that technology has the ability to revolutionise legal education, and we will continue in our mission to provide accessible and high-quality legal education and support for individuals and professionals aspiring to access cross-border career opportunities,” said Ramanuj Mukherjee, CEO, LawSikho.

About LawSikho
LawSikho is one of India’s leading online ed-tech brands, offering both legal and non-legal students and professionals the most advanced courses to help them acquire skills and knowledge that they can bank on to bag the best jobs, crack difficult competitive exams, and serve their clients. LawSikho has featured on well-known platforms like TEDx, The Hindu, The Economic Times, Yahoo! News, The Tribune, and more. Most LawSikho courses are recognised by the National Skill Development Corporation. Learn more at https://lawsikho.com.

About Tracxn
Tracxn Technologies Ltd is a market intelligence platform. It tracks and analyses startup companies, emerging technologies and investment trends, and provides insights on various sectors including ed-tech, FinTech, e-commerce and healthtech, among others. Launched in 2013 by former Sequoia Capital analyst Neha Singh and Accel Partners associate Abhishek Goyal, Tracxn has grown by 400 percent over the last year, while its staff of analysts has increased from 25 to 125. Visit https://tracxn.com.

PR Contact Details:
Shrishty Singh / Prashant Agarwal
Email: marketing@lawsikho.in

Resolve2Win campaign debuts in Bangkok, promoting Hong Kong’s legal services

DoJ and HKTDC led a delegation to advance the city’s role as an Asia-Pacific centre for international legal, dispute resolution services

To consolidate Hong Kong’s strategic position as a centre for international legal and dispute resolution services in the Asia-Pacific under the National 14th Five Year Plan, the Department of Justice (DoJ) of the Government of the Hong Kong Special Administrative Region and the Hong Kong Trade Development Council (HKTDC) are organising the Resolve2Win – Legal Services of Hong Kong, Opportunities for All campaign (Resolve2Win). The signature promotion in the Association of Southeast Asian Nations (ASEAN) and Guangdong-Hong Kong-Macao Greater Bay Area (GBA) for Hong Kong’s legal and dispute resolution services debuted with a delegation visit to Bangkok, Thailand on 15 to 17 March. Mr Horace Cheung, Deputy Secretary for Justice, led nearly 30 representatives from Hong Kong’s legal sector in face-to-face talks with Thai legal and business representatives to promote the advantages of Hong Kong legal services, encourage collaboration between Hong Kong and Thailand and seize opportunities in the region.

The Resolve2Win – Legal Services of Hong Kong, Opportunities for All campaign debuted in Bangkok, Thailand on 15 to 17 March Nearly 30 representatives from the Hong Kong legal sector join the delegation.

Dr Patrick Lau, Deputy Executive Director of the HKTDC, gave welcoming remarks

Mr Horace Cheung, Deputy Secretary for Justice gave the opening remarks

Encouraging Thai businesses to choose Hong Kong as a platform
The promotion visit aimed to let Thai businesses understand the unique advantages of Hong Kong legal services more comprehensively, raising awareness on resolving commercial disputes through arbitration and mediation, while encouraging them to choose Hong Kong as their preferred trade and dispute resolution platform and help Hong Kong legal professionals seize opportunities and develop business in Thailand. Legal groups from Hong Kong and Thailand responded proactively. The Hong Kong Bar Association, Law Society of Hong Kong, Thailand Arbitration Center and Thai Branch of Chartered Institute of Arbitrators are supporting organisations.

At the plenary session – Hong Kong as a Deal Making and Dispute Resolution Hub – Mr Cheung and Dr Patrick Lau, Deputy Executive Director of the HKTDC, were officiating guests. In his welcome remarks, Dr Lau said: “Hong Kong has a large, well-established legal sector full of professionals well-versed in legal systems across the world, making the city the perfect choice for anyone seeking legal services. As business links grow between ASEAN countries and Mainland China, particularly the Greater Bay Area, disputes are bound to arise. All parties would agree that arbitration and mediation is a better approach than litigation. In today’s forum, we will find out how businesses in Thailand, ASEAN and Mainland China can use Hong Kong as a dispute-resolution platform.”

Highlighting the unique opportunities offered by Hong Kong as the only common law jurisdiction within China under “one country, two systems”, Mr Cheung pointed out that national strategies – including the 14th Five-Year Plan, the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) Development and the Belt and Road Initiative – had injected continuous impetus to the growth of Hong Kong and brought opportunities to ASEAN member states.

He further said that as the leading legal and dispute resolution services centre in the Asia-Pacific, Hong Kong had a strong pool of legal talents, particularly in dispute resolution services. He encouraged enterprises and talents to capitalise on Hong Kong’s unique advantages of enjoying the strong support of the motherland and being closely connected to the world under “one country, two systems” to tap into development opportunities in the GBA and beyond.

Mr Cheung reiterated that the National Security Law had provided stability and a secure environment to enterprises and investors, which was conducive for both local and international businesses in Hong Kong to flourish.

The plenary session was hosted by Mr Jose Maurellet, Senior Counsel, Des Voeux Chambers, Vice-Chairman of Hong Kong Bar Association, with panelists Ms Winnie Tam, SBS, SC, JP, Senior Counsel, Des Voeux Chambers and Mr Tommy Tong, Partner, Herbert Smith Freehills LLP. The speakers shed light on Hong Kong’s advantages in corporate and commercial legal services and illustrated why Hong Kong was an effective arbitration and mediation platform for resolving commercial disputes. They also provided practical tips for Thai businesses to handle cross-border commercial disputes, especially when Mainland Chinese parties were involved.

The next session, Mediate First Pledge, featured speakers Mr Rimsky Yuen, Chairman, Hong Kong Mediation Accreditation Association Limited, and Ms Ereblinda Sadiku, Legal Counsel, Thailand Arbitration Center. They focused on the flexibility and other advantages of mediation for dispute resolution. More than 10 Thai companies confirmed their willingness to deploy mediation before turning to other resolution methods, including litigation. The HKTDC also arranged a luncheon and interaction session where more than 200 legal representatives from Hong Kong and legal and business sectors from Thailand conducted in-depth discussions on the story in Hong Kong.

Networking for Hong Kong legal practitioners and Thai businesses
During the three-day trip, the Hong Kong legal delegation paid a courtesy visit to legal and business groups, including Thai-Chinese Chamber of Commerce, Thailand Arbitration Center and Lawyers Council of Thailand to discuss potential collaboration.

After the Resolve2Win Campaign launch in Thailand, the HKTDC will continue to work with DoJ. The campaign will promote legal and dispute resolution services of Hong Kong in the GBA early next year, showcasing the robust legal system, solid foundation of the rule of law and diversified legal and dispute resolution services in Hong Kong while helping to better understand the views of mainland stakeholders and their needs towards Hong Kong’s legal and dispute resolution services.

Photo download: http://bit.ly/3LyOXfB

About HKTDC
The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

Media Enquiries
Please contact the HKTDC’s Communication and Public Affairs Department:
Janet Chan, Tel: +852 2584 4369, Email: janet.ch.chan@hktdc.org

Trintech’s Cadency V10.3 for SAP ERP Achieves SAP(R) Certified Integration with SAP NetWeaver(R)

Trintech, a leading global provider of cloud-based financial close solutions, today announced that its Cadency V10.3 for SAP ERP solution has achieved SAP-certified integration with the SAP NetWeaver(R) technology platform. Bi-directional in nature, Cadency reduces the cost, time, and risk of data integration with SAP, by automatically retrieving the data required for the reconciliation and close processes, as well as directly validating and posting journal entries in real-time.

“We are thrilled to announce the renewed certification of our Cadency V10.3 for SAP ERP as integrated with SAP NetWeaver,” said Michael Ross, Chief Product and Technology Officer at Trintech. “This integration brings enhanced control, automation and data integrity to finance and accounting departments around the world, while also helping to ensure that data flowing to and from their SAP solutions is as seamless as possible.”

The SAP Integration and Certification Center (SAP ICC) has certified that the integration software for the product Trintech’s Cadency V10.3 for SAP ERP solution integrates with SAP NetWeaver, bringing elevated visibility and control to hundreds of finance and accounting departments around the world. Furthermore, it eliminates the need to develop custom code, making the integration between SAP and Cadency less expensive, quicker, and more efficient. This capability also reduces the dependency on internal IT maintenance services, as the certification helps ensure that all appropriate data is integrated into Cadency.

Trintech has hundreds of customers, such as HP, Boston Scientific, and Serco, running SAP solutions alongside its enterprise platform, Cadency. For example, Serco is running 5,000 balance sheet reconciliations through Cadency on a monthly basis. In addition, it is auto-reconciling 15,000 accounts, saving it 500 hours per month. To gain even further efficiencies, Serco also utilizes Trintech’s SAP connector.

“This connector automatically interfaces data flows from our SAP instance into Cadency so our team can begin analyzing it within minutes. Having the direct interface from SAP also gives confidence in the data matching between the two systems,” said Paul Adams, Head of New Business and R2R at Serco. From a reporting perspective, Serco’s leadership team also now has full visibility into a reporting dashboard that allows them to drill-down into any account and identify risk on the balance sheet.

To learn more on how Trintech can help maximize your investment and close faster each month, please contact us here. https://www.trintech.com/book-a-demo/

About Trintech

Trintech Inc., a pioneer of financial corporate performance management software, combines technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and bank fee analysis, to governance, risk and compliance – Trintech’s portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. 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 the company’s cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.

Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands, and the Nordic countries, 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 and Twitter.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

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

SOURCE: Trintech, Inc.

Trintech Announces New Chief Revenue Officer

Piotr Marczewski to Oversee Sales and Revenue Growth across Global Markets

Trintech, a leading global provider of cloud-based financial close solutions for the Office of Finance, today announced the appointment of Piotr Marczewski as Chief Revenue Officer (CRO) of Trintech. Marczewski will be responsible for driving integration and alignment between revenue-related functions across all global distribution channels for Trintech.

“I am thrilled to welcome Piotr as Trintech’s new CRO who has a proven track record of scaling and overseeing successful sales organizations and ensuring a best-in-class customer experience,” said Darren Heffernan, President & Chief Operating Officer of Trintech. “As we continue to grow the business and drive our core strategy of helping organizations of all sizes simplify and transform their reconciliation and financial close processes, Piotr will have an integral part in leading our ongoing success.”

Marczewski brings over two decades of experience in driving customer impact, transformation, and revenue acceleration in Software as a Service (SaaS), Information and News businesses, serving professional markets in the US and internationally. Prior to joining Trintech, Marczewski served as SVP Americas at Cision Inc, and as Chief Operating Officer at Underline Science Inc. Before that, he worked at Thomson Reuters in various senior roles, including President Corporates Customer Market. Piotr worked closely with customers, delivering commercial outcomes, developing new markets, and expanding company’s customer bases, content, and platforms. Marczewski received a Master of Science Degree in International Economics from SGH Warsaw School of Economics. He also studied at Bocconi University in Milan (Italy) and holds a Community of European Management Schools (CEMS) Master’s Degree in International Management.

“I am excited to be joining the team as Trintech’s new CRO and I’m looking forward to accelerating our global growth and customer success,” said Piotr Marczewski, Chief Revenue Officer of Trintech. “Trintech’s solutions, and its collaborative, customer-centric approach, sets it apart from others in this space who employ a “one-size-fits-all” strategy to tackle the complex challenges of financial close automation. This is evident by the marquee brands (majority of the Fortune 100 companies) who have already partnered with Trintech to transform their processes. As Trintech embarks on its next phase of growth, I am excited to help Trintech further its reputation as a trusted partner for the Office of Finance globally.”

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
Sr. Manager, Global Corporate Marketing & Communications
kelli.shoevlin@trintech.com

SOURCE: Trintech, Inc.