Day: June 5, 2024

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AMEC Announces New Chair

AMEC Chair Official Handover 2024

AMEC Chair Official Handover 2024 during the Global Summit on Measurement

LONDON, June 05, 2024 (GLOBE NEWSWIRE) — The International Association for the Measurement and Evaluation of Communication (AMEC) has announced the new incoming Chair of the association.

AMEC, the world’s largest media intelligence and insights professional body announced Raina Lazarova, Co-Founder of global media intelligence organisation Ruepoint, will take over the position for a two-year term commencing June 2024. As Chair, Raina Lazarova will lead the AMEC Board of Directors to continue to deliver on its mission to define, promote and advance best practice in communication measurement and evaluation, research, analysis, evaluation, data and insights in a fast-changing communication landscape.

The official handover took place at the 2024 AMEC Global Summit on Measurement, in Sofia 21-23 May which welcomed over 200 in-person attendees including communicators, public relations professionals, academics and those involved in the research and analytics industry.

Outgoing Chair Aseem Sood, CEO, Impact Research and Measurement Pvt said, “After a successful two-year tenure as the AMEC Chair, I am pleased to hand over the reins of leadership to Ms. Raina Lazarova. Her vision and innovative ideas make her the ideal person to guide AMEC into its next chapter of growth and success. I am confident that under her leadership, AMEC will continue to thrive and achieve even greater accomplishments. During the recent board meeting in Sofia, the AMEC Board deliberated and established the key areas of focus and strategic plan for the upcoming two years. I will continue to serve as an engaged member of the AMEC Board of Directors, with a specific focus on spearheading the development of a thought leadership editorial calendar for the board.”

New Chair elect Raina Lazarova said, “It is a great honour to have been elected Chair of AMEC’s board of directors. As a leading industry body, we will continue to promote the benefits of communication measurement and evaluation, while delivering value to our members and the extended communication community. The advent of generative AI has meant that we are in a very interesting time for the communication sector, and AMEC recognises its role in providing both thought leadership and support to the profession in leveraging new technologies.”

AMEC CEO, Johna Burke added, “We have International Board Director elections every year which assures members are engaged and represented as we consider the complex and important industry initiatives. It’s only every two years we hold a special election for the Chair role. During this transition, we celebrate Aseem’s leadership and contributions as Chair and welcome Raina who is a champion of the AMEC community. Raina is already working on collaborations allowing AMEC Members to navigate the known and unknown during the next two years as a collective to learn from each other and benefit from the global experience of the broadest ecosystem in the media intelligence industry.”

AMEC represents a global membership community of over 200 organizations including media monitoring and analysis companies, PR and communications agencies, brand owners and market research companies. The association has chapters across four continents – EMEA, Asia Pacific, North America and Latin America.

AMEC strives to support to the global communication industry with free educational resources and best practice guidance on how to plan, measure and evaluate performance to raise standards and promote the value of PR and Communication globally.

It is the founding organisation of the prominently accepted, adopted and applied best practice resources, including the Barcelona Principles (1.0, 2.0 and 3.0) and the globally used Integrated Evaluation Framework (IEF).

For more information about AMEC, please visit https://amecorg.com.

Connect with us

Contact us via AMEC CEO and Global Managing Director, Johna Burke – johna@amecorg.com

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Mediktor Acquires Sensely and Consolidates Its Position as a Leader in AI Healthcare Solutions

BARCELONA, Spain and SAN FRANCISCO, June 05, 2024 (GLOBE NEWSWIRE) — Mediktor, the leading digital healthcare company, has announced the acquisition of Sensely, a San Francisco-based digital healthcare provider that pioneered an empathy-driven conversational platform to support hospital systems and insurance services with world-class member engagement. This consolidation of two world-leading artificial intelligence-driven solutions providers marks a major medical technology milestone, extending Mediktor’s global presence to more than 35 countries and expanding its footprint in the United States.

Adam Odessky and Cristian Pascual

The merger creates one of the largest global providers of AI-based solutions in the healthcare ecosystem. The new organisation will be driven by an enriched conversational healthcare platform to help increase efficiency and reduce costs through its complementary technologies, including the company’s AI medical assistant. According to a recent survey of insurance customers, 54% of patients who used it were satisfied with the medical advice it provided and did not need additional services or follow-up from a physician.

“This acquisition is a transformative step for Mediktor, reinforcing our commitment to digital health innovation. By joining forces with Sensely, we will be able to offer a leading, best-in-class AI solution to multiple companies, ultimately improving access to healthcare for millions of people,” said Cristian Pascual, Chief Executive Officer of Mediktor.

As a result of the integration, Mediktor will acquire Mayo Clinic’s educational healthcare content developed under a pre-existing agreement with Sensely. Mayo Clinic will also become a shareholder in the combined company and will have an observer seat on the board of directors.

MTIP, a leading Swiss-based growth equity firm and long-time partner of Mediktor, has reaffirmed its confidence in the company’s vision and direction. As a member of Mediktor’s Board of Directors, MTIP has communicated its unwavering financial and strategic support for the company’s acquisition of Sensely and its overall growth strategy.

At the same time, Aliath Bioventures, a venture capital firm that has been supporting Mediktor since 2018, also played a significant role in facilitating this acquisition. Aliath remains deeply committed to supporting Mediktor’s strategic growth, strengthening its market leadership, and long-term success.

“Mediktor and Sensely represent the perfect synergy between AI-based symptom assessment and empathy-driven, patient-centric virtual assistance,” said Adam Odessky, co-founder and CEO of Sensely. “The combination of these two organisations provides customers with a strong, comprehensive suite of technology services that are proven to increase efficiency and reduce overhead costs for institutions, while delivering unparalleled personalised engagement services to patients and plan members. We’re excited to share Mediktor’s vision of becoming a leading player in an evolving and competitive digital healthcare environment.

Mediktor plans to integrate Sensely’s current staff and management team into the new organisation, with Mr. Odessky taking on the role of Chief Product Officer, bringing his extensive experience and leadership to the team.

About Mediktor

Mediktor is the most advanced AI-based medical chatbot for triage and pre-diagnosis, guiding patients to the right level of care at the right time – improving access while enabling more efficient care navigation. Powered by a sophisticated AI engine that allows users to converse naturally in multiple languages, Mediktor’s white-labelled SaaS is omnichannel and can be easily embedded into any interface (web, mobile, desktop). Mediktor’s customers include health plans, hospitals and health systems, telemedicine and pharmaceutical companies. For further information please visit www.mediktor.com.

About Sensely

Sensely is a leading innovator of avatar- and chatbot-based platforms designed to assist insurance plan members and patients with insurance services and healthcare resources whenever they need them. With offices in San Francisco and London, Sensely’s global teams provide virtual assistant solutions to a range of diverse healthcare sectors, including insurance companies, hospital systems and pharmaceutical clients worldwide. For more information, please visit www.sensely.com.

About MTIP
MTIP is a Swiss-based growth equity firm investing in European healthtech companies that aim to revolutionise global healthcare. The team leverages deep sector expertise to help scale up successful and sustainable healthtech businesses. For more information, visit www.mtip.ch.

About Aliath Bioventures
Aliath Bioventures, formerly known as Alta Life Sciences, is a life sciences venture capital firm part of the AltamarCAM group. Aliath aims to provide solutions to the most pressing healthcare challenges by targeting therapeutics and HealthTech companies built on innovative and disruptive trends. For more information visit https://www.aliathbio.com/.

Media Relations Contact
David Patti
Telephone: +1 908.421.5971
Email: dspcommsconsulting@gmail.com
www.mediktor.com

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Mediktor acquiert Sensely et consolide son leadership dans les solutions d’IA pour les soins de santé

BARCELONA et SAN FRANCISCO, 05 juin 2024 (GLOBE NEWSWIRE) — Mediktor, l’entreprise leader de la santé numérique, a annoncé l’acquisition de Sensely, un fournisseur de santé numérique basé à San Francisco, pionnier dans la création d’une plateforme conversationnelle axée sur l’empathie pour soutenir les systèmes hospitaliers et les services des assureurs en engageant des membres premium parmi ses affiliés. La consolidation des deux principaux fournisseurs mondiaux de solutions basées sur l’IA marque une étape importante dans la technologie médicale et étend la présence mondiale de Mediktor dans plus de 35 pays, tout en renforçant sa présence aux États-Unis.

Cette fusion donne naissance à l’un des plus grands fournisseurs mondiaux de solutions basées sur l’intelligence artificielle dans l’écosystème des soins de santé. La nouvelle organisation sera alimentée par une plateforme de soins de santé conversationnelle enrichie qui contribuera à accroître l’efficacité et à réduire les coûts en utilisant les technologies complémentaires de l’entreprise, telles que son assistant médicale basé sur l’intelligence artificielle.D’après une enquête récente auprès des assurés, 54 % des patients qui ont eu recours à l’assistant ont été satisfaits des conseils médicaux fournis et n’ont pas eu besoin de services supplémentaires ou d’un suivi par un médecin.

“Cette acquisition est une étape transformative pour Mediktor et renforce notre engagement envers l’innovation dans le domaine de la santé numérique. En joignant nos forces à celles de Sensely, nous sommes en mesure d’offrir une solution de premier plan et de classe mondiale à de multiples entreprises, améliorant ainsi l’accès aux soins de santé pour des millions de personnes”, déclare Cristian Pascual, PDG de Mediktor.

Dans le cadre de cette intégration, Mediktor acquerra le contenu éducatif en matière de santé de Mayo Clinic, développé dans le cadre d’un accord préexistant avec Sensely. Mayo Clinic deviendra également actionnaire de la nouvelle société intégrée et rejoindra le conseil d’administration en tant qu’observateur.

MTIP, une société fournissant du capital de croissance et basée en Suisse, est partenaire de Mediktor depuis plusieurs années, a réaffirmé sa confiance dans la vision et la direction de l’entreprise. En tant que membre du conseil d’administration de Mediktor, MTIP a fait part de son soutien financier et stratégique indéfectible à l’acquisition de Sensely par l’entreprise et à sa stratégie de croissance mondiale. En tant que membre du conseil d’administration de Mediktor, MTIP a fait part de son soutien financier et stratégique indéfectible à l’acquisition de Sensely par la société, ainsi qu’à sa stratégie de croissance mondiale.

De même, Aliath Bioventures, une société de capital-risque qui soutient Mediktor depuis 2018, a également joué un rôle important dans l’acquisition. Aliath reste engagée à soutenir la croissance stratégique de Mediktor, son leadership sur le marché et son succès à long terme.

“Mediktor et Sensely représentent la synergie parfaite entre l’évaluation des symptômes basée sur l’intelligence artificielle et l’assistance virtuelle empathique axée sur les patients”, déclare Adam Odessky, PDG et cofondateur de Sensely. ”La combinaison de ces deux entreprises offre aux clients un ensemble robuste et complet de services technologiques éprouvés pour accroître l’efficacité et réduire les frais généraux des institutions tout en offrant des services personnalisés et uniques aux patients et aux assurés. Nous sommes ravis de partager la vision de Mediktor pour devenir un acteur de premier plan dans un environnement de soins de santé numériques compétitif et en constante évolution.”

Mediktor prévoit d’intégrer l’équipe existante de Sensely ainsi que son équipe de coordination dans la nouvelle organisation, où M. Odessky assumera le rôle de chef de produit et apportera à l’équipe sa grande expérience et son leadership.

À propos de Mediktor
Mediktor est l’assistant médical numérique basé sur l’IA le plus avancé pour le triage et le pré-diagnostic qui guide les patients vers le bon niveau de soins au bon moment, améliorant l’accès et permettant une navigation de soins plus efficace. Alimenté par un moteur d’IA sophistiqué qui permet aux utilisateurs de converser naturellement en plusieurs langues, le SaaS en marque blanche de Mediktor est omni-canal et peut être facilement intégré dans n’importe quelle interface (web, mobile, bureau). Mediktor compte parmi ses clients des régimes de santé, des hôpitaux et des systèmes de santé, des sociétés de télésanté et des sociétés pharmaceutiques. Pour plus d’informations, veuillez consulter le site www.mediktor.com

À propos de Sensely
Sensely est un innovateur de premier plan dans le domaine des plateformes d’avatars et des agents conversationnels numériques conçus pour aider les assurés et les patients à obtenir des services d’assurance et des ressources de soins de santé lorsqu’ils en ont besoin. Avec des bureaux à San Francisco et à Londres, les équipes internationales de Sensely fournissent des solutions à un éventail de secteurs diversifiés de la santé, y compris des compagnies d’assurance, des systèmes hospitaliers et des clients pharmaceutiques dans le monde entier. Pour plus d’informations, veuillez consulter le site www.sensely.com.

À propos de MTIP
MTIP est une société de capital-développement de premier plan basée en Suisse qui investit dans des entreprises européennes de technologie de la santé visant à révolutionner les soins de santé à l’échelle mondiale. L’équipe s’appuie sur son expertise sectorielle approfondie pour aider à développer des entreprises de santé numérique prospères et durables. Pour plus d’informations, consultez le site www.mtip.ch.

A propos d’Aliath Bioventures
Aliath Bioventures, anciennement connu sous le nom d’Alta Life Sciences, est une société de capital-risque dans le secteur des sciences de la vie et fait partie du groupe AltamarCAM. Aliath vise à fournir des solutions aux défis les plus pressants en matière de soins de santé en se concentrant sur les technologies de santé innovantes et disruptives et sur les entreprises de traitement. Pour plus d’informations, consultez le site https://www.aliathbio.com/.

Contact presse
David Patti
Telephone: +1 908.421.5971
Email: dspcommsconsulting@gmail.com
www.mediktor.com

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Mediktor adquire a Sensely e consolida sua posição como líder em soluções de saúde baseadas em IA

BARCELONA e SAN FRANCISCO, June 05, 2024 (GLOBE NEWSWIRE) — A Mediktor, empresa líder em saúde digital, anunciou a aquisição da Sensely, provedora de saúde digital sediada em San Francisco, que foi pioneira na criação de uma plataforma de conversação baseada em empatia para apoiar sistemas hospitalares e serviços de seguros de saúde de classe mundial. Essa consolidação de duas provedoras líderes mundiais de soluções impulsionadas por inteligência artificial estabelece um importante marco na tecnologia médica, estendendo a presença global da Mediktor para mais de 35 países e expandindo sua atuação nos Estados Unidos.

A fusão cria uma das maiores provedoras globais de soluções baseadas em IA no ecossistema de saúde. A nova organização será impulsionada por uma plataforma de saúde conversacional enriquecida para ajudar a aumentar a eficiência e reduzir os custos usando suas tecnologias complementares, incluindo o assistente médico de IA da empresa. De acordo com uma pesquisa recente de clientes de seguros, 54% dos pacientes que o utilizaram estavam satisfeitos com a orientação médica fornecida e não precisaram de serviços adicionais ou acompanhamento de um médico.

“Esta aquisição é um passo transformacional para a Mediktor e reforça nosso compromisso com a inovação em saúde digital. Ao unir forças com a Sensely, estamos prontos para oferecer uma solução de IA líder e de alta qualidade para múltiplos negócios, melhorando, em última análise, o acesso à saúde de milhões de pessoas”, afirma Cristian Pascual, CEO da Mediktor.

Como resultado da integração, a Mediktor adquirirá o conteúdo educacional de saúde da Mayo Clinic, que foi desenvolvido como parte de um acordo pré-existente com a Sensely. Mayo Clinic também se tornará acionista da empresa recém-integrada e terá um assento no Conselho de Administração como observadora.

A MTIP, uma empresa suíça de capital de crescimento e parceira de longa data da Mediktor, reafirmou sua confiança na visão e direção da empresa. Como membro do Conselho de Administração da Mediktor, a MTIP comunicou seu inabalável apoio financeiro e estratégico à aquisição da Sensely pela empresa e à estratégia geral de crescimento da empresa.

Ao mesmo tempo, a Aliath Bioventures, uma empresa de capital de risco que vem apoiando a Mediktor desde 2018, também desempenhou um papel significativo na facilitação desta aquisição. A Aliath permanece profundamente comprometida em apoiar o crescimento estratégico da Mediktor, fortalecendo sua liderança de mercado e seu sucesso a longo prazo.

“A Mediktor e a Sensely representam a sinergia perfeita entre avaliação de sintomas baseada em IA e assistência virtual impulsionada por empatia que coloca os pacientes no centro”, disse Adam Odessky, co-fundador e CEO da Sensely. “A combinação dessas duas organizações fornece aos clientes um conjunto abrangente e forte de serviços de tecnologia que comprovadament aumentam a eficiência e reduzem os custos operacionais das instituições, enquanto oferece serviços de engajamento personalizados incomparáveis para pacientes e membros de seguros. Estamos animados para compartilhar a visão da Mediktor de se tornar um player líder em um ambiente de saúde digital competitivo e em evolução.”

A Mediktor planeja integrar a equipe de gestão atual da Sensely na nova organização, onde o Sr. Odessky assumirá o cargo de Diretor de Produto, trazendo sua vasta experiência e liderança para a equipe.

Sobre a Mediktor

A Mediktor é o chatbot médico baseado em IA mais avançado para triagem e pré-diagnóstico, que orienta os pacientes para o nível adequado de cuidados no momento certo – melhorando o acesso enquanto possibilita uma navegação de cuidados mais eficiente. Impulsionado por um motor de IA sofisticado que permite aos usuários conversar naturalmente em vários idiomas, o SaaS White-Label da Mediktor é omnichannel e pode ser facilmente incorporado em qualquer interface (web, móvel, chatbot). Os clientes da Mediktor incluem planos de saúde, hospitais e sistemas de saúde, empresas de telemedicina e industrias farmacêuticas. Para mais informações, visite www.mediktor.com

Sobre a Sensely

A Sensely é uma das principais inovadoras em plataformas baseadas em avatares e chatbots, projetadas para auxiliar os beneficiários de seguros de saúde com os serviços e recursos de saúde sempre que precisarem. Com escritórios em São Francisco e Londres, as equipes globais da Sensely fornecem soluções de assistente virtual para uma variedade diversificada de setores de saúde, incluindo empresas de seguros, sistemas hospitalares e indústrias farmacêuticas em todo o mundo. Para mais informações, visite www.sensely.com.

Sobre a MTIP
A MTIP é uma empresa suíça de capital de crescimento que investe em empresas tecnológicas europeias que visam revolucionar a saúde global. A equipe aproveita sua vasta experiência no setor para ajudar a expandir negócios de tecnologia sanitária bem-sucedidos e sustentáveis. Para mais informações, visite www.mtip.ch.

Sobre a Aliath Bioventures
Aliath Bioventures, anteriormente conhecida como Alta Life Sciences, é uma empresa de capital de risco em ciências da vida parte do grupo AltamarCAM. A Aliath visa fornecer soluções para os desafios de saúde mais urgentes, direcionando empresas de saúde tecnológicas construídas sobre tendências inovadoras e disruptivas. Para mais informações, visite https://www.aliathbio.com/.

Contato para Relações com a Mídia
David Patti
Telephone: +1 908.421.5971
Email: dspcommsconsulting@gmail.com
www.mediktor.com

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eXp Realty Enhances International Connections with Global Agent Referral Platform

Platform offers agents improved networking and business connections on a worldwide scale

eXp Realty Enhances International Connections with Global Agent Referral Platform

Platform offers agents improved networking and business connections on a worldwide scale

BELLINGHAM, Wash., June 05, 2024 (GLOBE NEWSWIRE) — eXp Realty®, the largest real estate brokerage on the planet and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), is proud to announce the launch of its Global Agent Referral Platform, designed to simplify and accelerate the real estate referral process. This innovative tool empowers its agents worldwide to effortlessly connect and collaborate, contributing to a robust and interconnected global marketplace

With a user-friendly platform and seamless search functionality, eXp’s Global Agent Referral Platform streamlines the entire process, reducing referral times to a matter of seconds. eXp Realty agents can complete a simple form, select a preferred referral partner from anywhere in the world, and electronically sign the agreement — all within one centralized location.

“At eXp, we understand that potential buyers are just as easily found in a seller’s hometown as they are in another country,” said Leo Pareja, CEO, eXp Realty. “With the launch of the Global Agent Referral Network, we are leveraging the depth and power of our worldwide network of more than 85,000 agents across 24 countries and revolutionizing how agents connect and collaborate, paving the way for smoother transactions and enhanced client experiences. We remain focused on building industry-leading resources by providing agents unparalleled access to advanced tools for expanding their businesses globally.”

The introduction of the Global Agent Referral Platform underscores eXp Realty’s commitment to fostering global innovation and growth. This cutting-edge tool not only enhances the efficiency of referral processes but also opens new avenues for agents to expand their reach and tap into international markets. By fostering a more interconnected global network, eXp Realty is setting a new standard in the real estate industry, ensuring that its agents are well-equipped to meet the diverse needs of clients around the world.

In addition to its technological advancements, eXp Realty continues to prioritize agent education and support. The company regularly offers training sessions and resources to help agents maximize the potential of the Global Agent Referral Platform. This holistic approach ensures that eXp agents are not only connected but also proficient in using the latest tools to deliver exceptional service to their clients.

About eXp World Holdings, Inc.

eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Realty®, FrameVR.io and SUCCESS® Enterprises.

eXp Realty is the largest independent real estate company in the world with more than 85,000 agents in the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico, Portugal, France, Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel, Panama, Germany, Dominican Republic, Greece, New Zealand, Chile, Poland and Dubai and continues to scale internationally. As a publicly traded company, eXp World Holdings provides real estate professionals the unique opportunity to earn equity awards for production goals and contributions to overall company growth. eXp World Holdings and its businesses offer a full suite of brokerage and real estate tech solutions, including its innovative residential and commercial brokerage model, professional services, collaborative tools and personal development. The cloud-based brokerage is powered by FrameVR.io, an immersive 3D platform that is deeply social and collaborative, enabling agents to be more connected and productive. SUCCESS® Enterprises, anchored by SUCCESS® magazine and its related media properties, was established in 1897 and is a leading personal and professional development brand and publication.

For more information, visit https://expworldholdings.com.

Safe Harbor Statement

The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. These statements include, but are not limited to, expectations related to referral and incentive programs. Such forward-looking statements speak only as of the date hereof, and the Company undertakes no obligation to revise or update them. Such statements are not guarantees of future performance. Important factors that may cause actual results to differ materially and adversely from those expressed in forward-looking statements include the Company’s ability to implement its strategic initiatives and other risks detailed from time to time in the Company’s Securities and Exchange Commission filings, including but not limited to the most recently filed Quarterly Report on Form 10-Q and Annual Report on Form 10-K.

Media Relations Contact:

eXp World Holdings, Inc.
mediarelations@expworldholdings.com

Investor Relations Contact:

Denise Garcia
investors@expworldholdings.com

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Global Fishing Watch and Gulf of Guinea Regional Fisheries Commission forge partnership in fight against illegal fishing

The two organizations will leverage ‘cutting-edge technology’ to accelerate ocean sustainability efforts in Central Africa

LIBREVILLE, Gabon, June 05, 2024 (GLOBE NEWSWIRE) — Global Fishing Watch, an international nonprofit organization dedicated to advancing ocean governance, and the Gulf of Guinea Regional Fisheries Commission (COREP), an intergovernmental body comprising 11 African nations, today launched a new strategic partnership aimed at addressing urgent maritime challenges in the Gulf of Guinea, including that of illegal, unreported and unregulated (IUU) fishing.

The landmark partnership, inaugurated amid the global observance of the International Day for the Fight against Illegal, Unreported and Unregulated Fishing, is a direct response to the devastating scale of IUU fishing activities and the illegal trade of marine resources in the Gulf of Guinea. Representatives of Global Fishing Watch and COREP endorsed the partnership with a memorandum of understanding outlining the two organizations’ firm commitment to information sharing, tactical coordination and vessel transparency in fisheries management approaches.

“We are delighted to be working alongside the Gulf of Guinea Regional Fisheries Commission and honored by their request to lead this key collaboration,” said Tony Long, chief executive officer of Global Fishing Watch. “This partnership marks a pivotal advancement in shared endeavors to counter illegal fishing in the region and recognizes the need for coordinated action to promote sustainable fisheries management.”

“Together, Global Fishing Watch and COREP can harness the power of data and cutting-edge technology to promote transparency across the fisheries sector and secure the lasting changes needed to fortify sustainable management of our marine resources,” Mr. Long added.

The Gulf of Guinea extends over 5,700 km of coastline and has long been considered one of the most biodiverse marine environments in the world. Its waters are an important economic engine for the region, supporting livelihoods and providing a key source of food for its coastal States.

However, the Gulf has also long been subject to IUU fishing with damages estimated at an annual economic loss of over USD $2 billion. The region relies on cooperation and collaboration between States to effectively manage marine resources and to combat IUU fishing. COREP, a specialized institution of the Economic Community of Central African States (ECCAS) comprising the nations of Angola, Burundi, Cameroon, the Central African Republic, Congo, the Democratic Republic of the Congo, Gabon, Equatorial Guinea, Sao Tome and Principe, Rwanda, and Chad, ensures that Member States protect and develop fisheries in a sustainable manner.

“This partnership with Global Fishing Watch represents a significant step forward in our efforts to combat IUU fishing in the Gulf of Guinea region,” said Emmanuel Sabuni Kasereka, COREP’s ad interim executive secretary. “By maximizing technologies and shared data, we aim to improve transparency and contribute to better maritime governance, including strengthening fisheries management for the benefit of our Member States.”

According to COREP and Global Fishing Watch, the new partnership will provide a critical boost to existing efforts in marine resource management and the fight against IUU fishing by jointly committing to transparency through the exchange of data; improved monitoring of vessel behavior and the risk of IUU activity; and collaborative work on policies and regulations relating to the fight against IUU fishing and sustainable fisheries management.

Global Fishing Watch will also provide COREP with analytical support for vessel monitoring efforts, training on the use of Global Fishing Watch tools to enable more robust marine management, and technical assistance in reviewing and revising IUU fishing policies and regulations.

The agreement between COREP and Global Fishing Watch follows the recent signing of another partnership between the international nonprofit and the West African Sub-Regional Fisheries Commission (SRFC) in which the two entities similarly committed to leveraging open data to combat IUU fishing and advancing key policy reforms around vessel tracking methods and data sharing practices in the region.

The partnerships with COREP and SRFC represent a new wave of transparency in ocean governance and fisheries management as Global Fishing Watch continues to unlock previously closed datasets and apply cutting-edge technology to strengthen management and monitoring, control and enforcement efforts of marine environments.

About Global Fishing Watch:

Global Fishing Watch is an international nonprofit organization dedicated to advancing ocean governance through increased transparency of human activity at sea. By creating and publicly sharing map visualizations, data and analysis tools, we aim to enable scientific research and transform the way our ocean is managed. We believe human activity at sea should be public knowledge in order to safeguard the global ocean for the common good of all.

About the Gulf of Guinea Regional Fisheries Commission:

COREP is a specialised institution of the Economic Community of Central African States (ECCAS) whose mandate covers maritime fisheries, inland fisheries and aquaculture. COREP’s mission is to assist its Member States in protecting and developing fisheries resources in a sustainable manner and to promote the development of aquaculture in order to maximise the potential of aquatic environments and guarantee the well-being of the greatest number of inhabitants.

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Surge in Foreign Interest in Chinese Investments: EBC Financial Group (UK) Ltd CEO David Barrett Shares Insights with Yi Cai

David Barrett, CEO of EBC Financial Group (UK) Ltd, as one of the speakers on Yi Cai’s Chief Strategy Forum on Chinese investment opportunities
David Barrett, CEO of EBC Financial Group (UK) Ltd, shares insights with Yi Cai on the surge in foreign interest in Chinese investments. He explores the factors driving major investors to Chinese markets and offers his outlook on their future growth.

LONDON, June 05, 2024 (GLOBE NEWSWIRE) — David Barrett, CEO of EBC Financial Group (UK) Ltd, recently shared his insights on the burgeoning interest in Chinese investments during an in-depth interview with Yi Cai. Barrett explored the factors driving major investors toward Chinese markets and offered his outlook on the future of these investments.

David Barrett, CEO of EBC Financial Group (UK) Ltd, as one of the speakers on Yi Cai's Chief Strategy Forum on Chinese investment opportunities

Surge in Foreign Interest

In recent months, there has been a notable increase in foreign interest in Chinese stocks, driven by high-profile investors. Michael Burry, well-known for his predictions during ‘The Big Short,’ has significantly raised his investments in JD.com and Alibaba. Similarly, David Tepper’s hedge fund has heavily invested in technology and Chinese markets. This growing interest is reflected in the performance of the Nasdaq Golden Dragon China Index, which surged by 14.86% from April 22 to May 3, achieving its largest two-week gain since January 2023. On May 16, the Index closed up by 2.49%, marking its highest level since September 2023.

Barrett attributes this renewed interest to the relative value Chinese markets offer. “Chinese indexes have struggled since the property-led bust in 2021, causing a significant dip in foreign direct investment and domestic confidence. However, this has led to extreme pricing discrepancies, making Chinese stocks an attractive option for value-focused investors,” Barrett explained. “Investors like Burry and Tepper are known for their strategic focus on high-concentration portfolios, and their significant investments in Chinese companies signal strong confidence in the potential upside of these markets.”

Future Prospects of Chinese Investments

Looking ahead, Barrett remains optimistic about the continued growth of Chinese markets. “There are several indicators suggesting that the Chinese government is taking effective measures to stimulate economic growth and restore market confidence,” Barrett noted. “Efforts to support vulnerable areas of the economy, encourage domestic investments, and stabilize the financial landscape are beginning to show positive results.”

He emphasized the crucial role of domestic policy in sustaining this growth. “Policies aimed at reducing property-related risks, supporting the semiconductor industry, and encouraging state-owned enterprises to strengthen their financial positions are essential. Additionally, initiatives to increase dividend payouts among Chinese companies are likely to attract more foreign investors seeking yield in a higher interest rate environment.”

Promising Sectors and Global Asset Allocation

Barrett highlighted the technology sector as a key area for investment within the A-share and Hong Kong stock markets. “Chinese tech companies are at the forefront of innovation, and with substantial government backing, they are well-positioned to navigate global challenges,” Barrett asserted. “For instance, if China faces headwinds in purchasing semiconductors, they have the capability to develop their own. Given the impressive profit margins seen in companies like NVIDIA, there is a strong incentive for Chinese firms to produce competitive, lower-cost chips. With significant government support and investment, the resilience and growth potential in this sector are considerable.”

He also identified the electric vehicle (EV) industry as a promising sector. “EVs as a topic has been grabbing a lot of column inches of late,” Barrett observed. “However, it’s uncertain how well Western brands will perform in mainland China, and vice versa, how Chinese brands will fare in the global market. Despite these challenges, Chinese tech remains on the cutting edge, and any progress, especially amid geopolitical tensions, will likely bolster domestic investment. This increased focus on local innovation and development will enhance the industry’s growth prospects.”

From a global perspective, Barrett advises a diversified asset allocation strategy, cautioning against overreliance on US stocks. “While US markets have experienced substantial growth, it is crucial to consider opportunities elsewhere, such as in China, where valuations are compelling,” he explained. “Given the recent run-up in US stocks, there is a need to be cautious and diversify. Commodities like gold remain attractive as a store of value and a hedge against economic and geopolitical uncertainties. As central banks continue to manage liquidity and interest rates, maintaining a balanced portfolio that includes undervalued international assets and tangible commodities could provide stability and growth potential.”

About EBC Financial Group
Founded in the esteemed financial district of London, EBC Financial Group (EBC) is renowned for its comprehensive suite of services that includes financial brokerage, asset management, and comprehensive investment solutions. With offices strategically located in prominent financial centres, such as London, Sydney, Hong Kong, Tokyo, Singapore, the Cayman Islands, Bangkok, Limassol, and more, EBC caters to a diverse clientele of retail, professional, and institutional investors worldwide.

Recognised by multiple awards, EBC prides itself on adhering to the highest levels of ethical standards and international regulation. EBC Financial Group (UK) Limited is regulated by the UK’s Financial Conduct Authority (FCA), EBC Financial Group (Australia) Pty Ltd is regulated by Australia’s Securities and Investments Commission (ASIC), and EBC Financial Group (Cayman) Limited is regulated by the Cayman Islands Monetary Authority (CIMA).

At the core of EBC Group are seasoned professionals with over 30 years of profound experience in major financial institutions, having adeptly navigated through significant economic cycles from the Plaza Accord to the 2015 Swiss franc crisis. EBC champions a culture where integrity, respect, and client asset security are paramount, ensuring that every investor engagement is treated with the utmost seriousness it deserves.

EBC is the Official Foreign Exchange Partner of FC Barcelona, offering specialised services in regions such as Asia, LATAM, the Middle East, Africa, and Oceania. EBC is also a partner of United to Beat Malaria, a campaign of the United Nations Foundation, aiming to improve global health outcomes. Starting February 2024, EBC supports the ‘What Economists Really Do’ public engagement series by Oxford University’s Department of Economics, demystifying economics, and its application to major societal challenges to enhance public understanding and dialogue.

https://www.ebc.com/

Media Contact:
Douglas Chew
Global Public Relations Manager
douglas.chew@ebc.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3aa64669-3156-4706-9f8f-ec183555c184

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Award-Winning Decision Intelligence Firm Quantexa Accelerates Global Momentum, Announces Strong FY24 Business Results

  • Quantexa set to achieve $100M in ARR by end of 2024, fueled by the growing Decision Intelligence Market worth *$500BN
  • New enterprise customers accounted for a 20% (+) contribution to fiscal year ARR
  • Closely coupled enterprise Data and AI strategies see Quantexa’s average contract increase 15% in blended ACV in FY24 

LONDON and NEW YORK, June 05, 2024 (GLOBE NEWSWIRE) — Today, Quantexa, a global leader in Decision Intelligence (DI) solutions for the private and public sectors, announced its continued global business momentum and growth highlights from their 2024 fiscal year, dating from April 1st, 2023, to March 31st, 2024. With a focus on helping customers realize the benefits of practical applications of trusted data and AI, the company delivered on its goals of driving sustainable growth through increased platform and solution adoption, geographic, and industry expansion.

Founded in London in 2016, Quantexa now employs more than 700 team members globally across 15 locations. The company completed FY24 with a 40% increase in global Decision Intelligence ARR and a 120% (+) net retention rate.

2024 Fiscal Year Financial Highlights:

  • New tier 1 customers acquired across banking, insurance, telecommunications, media, technology, and the public sector, helping to accelerate Quantexa’s market expansion strategy and drive 20% (+) contribution to fiscal year ARR.
  • Over 25% of the world’s 50 largest banks have deployed Quantexa’s Decision Intelligence Platform to build a trusted data foundation and realize the benefits of operationalizing AI.
  • Decision Intelligence ARR grew more than 30% in the Americas, and >50% in Europe and the Middle East.
  • Led by a 30% increase in ARR across its Data Management and FinCrime Solution suites, the company continued driving significant YoY revenue growth with an uptick in adoption of its solution suites, helping industry leaders address specific pain points and take advantage of new revenue opportunities.
  • Successful completion of the Aylien acquisition and subsequent integration into Quantexa’s technology portfolio contributed to 16% growth in annual revenue for Quantexa’s News Intelligence offering.

2024 Notable Fiscal Year Milestones:

  • In April 2023, Quantexa announced that it had completed a $129M Series E funding round. The latest investment round secured the British tech company’s unicorn status with a valuation of $1.8BN and accelerated the execution of its growth strategy within the **$500BN DI category.
  • In July 2023, Quantexa announced that it would invest heavily in the global artificial intelligence (AI) industry over the next three years to help clients advance the use of AI to protect, optimize, and grow their organizations.
  • In November 2023, keeping Quantexa close to its customer base, the company announced the opening of its new Asia Pacific Headquarters in Singapore. The opening is part of a broader regional expansion plan and follows the July 2023 launch of Quantexa’s Japan operations in Tokyo and long-standing presence in Melbourne, Sydney, and Malaysia.
  • In January 2024, the company detailed the ROI customers receive from deploying its technology across enterprises and public sector agencies, when it published The Total Economic Impact™ of The Quantexa Decision Intelligence Platform study in conjunction with Forrester Consulting.
  • Quantexa detailed its innovation platform roadmap in support of its ambitious plan to lead the emerging Decision Intelligence category, anchored in helping enterprises and government agencies use contextual analytics and AI to improve organizational decision making.
  • In March 2024, it was announced that Quantexa’s Decision Intelligence Platform will be adopted by the University of Liverpool’s Civic Health Innovation Labs (CHIL) and Mersey Care NHS Foundation Trust, one of the largest trusts providing physical health and mental health services in Northwest England, serving more than 1.4M people.
  • A strategic partnership with Microsoft made Quantexa’s Decision Intelligence Platform immediately available on Microsoft Azure Marketplace for financial services organizations and government agencies, the companies also announced exclusive plans to bring the platform to mid-sized banks in the United States. Quantexa is also building a Microsoft Fabric Workload experience.
  • Quantexa completed the fiscal year surpassing 750 global employees, 16k active Decision Intelligence Platform users, and a Net Retention Rate (NRR) of 120% (+).

Vishal Marria, Founder and CEO of Quantexa, said: “The acceleration of our efforts to become the world leading provider of decision intelligence technology, and delivering strong, sustainable global growth can be attributed to two things. Our ability to help customers get their data ready for AI, as well as our execution of a series of strategic investments and partnerships. This achievement underscores Quantexa’s unwavering commitment to empower our customers to solve some of their toughest challenges across multiple industries in every corner of the globe.”

To learn more about how industry leaders are obtaining a 228% return on investment over 3 years with Quantexa’s Decision Intelligence Platform, download the Total Economic Impact (TEI) Study by Forrester.

*Proprietary market data obtained by Quantexa from a commissioned Gartner study.
**Includes AML, Fraud, and KYC solution suite growth.

About Quantexa
Quantexa is a global AI, data and analytics software company pioneering Decision Intelligence to empower organizations to make trusted operational decisions with data in context. Using the latest advancements in AI, Quantexa’s Decision Intelligence platform helps organizations uncover hidden risk and new opportunities by unifying siloed data and turning it into the most trusted, reusable resource. It solves major challenges across data management, customer intelligence, KYC, financial crime, risk, fraud, and security, throughout the customer lifecycle.

The Quantexa Decision Intelligence Platform enhances operational performance with over 90% more accuracy and 60 times faster analytical model resolution than traditional approaches. An independently commissioned Forrester TEI study on Quantexa’s Decision Intelligence Platform found that customers saw a three-year 228% ROI.  Founded in 2016, Quantexa now has more than 700 employees and thousands of platform users working with billions of transactions and data points across the world.

Media Inquiries
C: Stephanie Crisp, Fight or Flight
E: Quantexa@fightorflight

OR

C: Adam Jaffe, SVP of Corporate Marketing
T: +1 609 502 6889
E: adamjaffe@quantexa.com 

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