LONDON-Tuesday, May 15th 2018 [ AETOS Wire ] (BUSINESS WIRE) -- Moody’s Analytics has enhanced its software and service offerings for the banking industry by making its regulatory compliance and balance sheet management solutions available on the cloud. Building on its existing cloud-enabled and software-as-a-service (SaaS) solutions, this latest development comes at a time when banks are increasingly considering cloud-based and SaaS solutions as a way to reduce costs, improve speed of operations, and extract more value from back-office and middle-office systems. Solutions now available on the cloud include the Moody’s Analytics RiskAuthority™ platform, RiskConfidence™ ALM and Impairment system, Regulatory Reporting Module, RiskFoundation™ Discovery solution, and Scenario Analyzer. The cloud-enabled solutions can be deployed in public, private, or hybrid cloud environments, and cover various regulatory requirements and accounting standards, such as IFRS 9, CECL, ALM/IRRBB, and Basel ... Read more »

GENEVA-Monday, May 14th 2018 [ AETOS Wire ] (BUSINESS WIRE)-- The International Food & Beverage Alliance (IFBA) today announced its support for the call by the World Health Organization and non-governmental organization, Resolve to Save Lives, for the elimination of industrially produced trans fat from the global food supply by 2023. “We welcome this action by the World Health Organization and Resolve,” said Rocco Renaldi, Secretary-General of IFBA. “Two years ago, IFBA member companies committed to reduce industrially produced trans fat in their products worldwide to nutritionally insignificant levels by the end of 2018. Our progress has been significant – at the end of 2017, on an aggregated basis, we estimate that industrially produced trans fat had been removed from 98.8% of IFBA companies’ global product portfolios.” The success of IFBA member’s efforts are the result of replacing partially hydrogenated oils (PHOs) with non-PHO solutions, wherever possible with unsaturated fats ... Read more »

30% discounts for Emiratis in Sharjah and Government staff Sharjah, United Arab Emirates-Sunday, May 13th 2018 [ AETOS Wire ] Sharjah Health Authority and Al Zahra Hospital, Sharjah, a leading private healthcare provider in the Emirate signed a Memorandum of Understanding (MoU) to provide Sharjah residents with top quality medical care at discounted rates. The MOU agreement provides 30 percent discounts on various health-related treatments and services, as well as fast track appointments, to UAE nationals and government employees, below 65 years of age, while senior UAE residents and Emiratis over 65 years are both eligible for the 30% discount. All discounts are applicable to cash services, only. H.E Abdulla Ali Al Mahyan, Chairman Sharjah Health Authority, Sharjah Healthcare City and Member of Executive Council said, “We are pleased to associate with Al Zahra Sharjah to offer more affordable high-quality healthcare services to the people of Sharjah, with additional benefits, es ... Read more »

LONDON-Monday, May 14th 2018 [ AETOS Wire ] (BUSINESS WIRE)-- A.M. Best believes there are significant opportunities for takaful operators in most Middle East and North Africa (MENA) markets to provide sound financial protection that is in line with consumers’ religious sensibilities, taking into account the huge global Muslim population. However, these opportunities continue to remain disappointingly unrealised, with takaful companies struggling to establish strong business profiles. In a new Best’s Special Report, titled, “Takaful in the MENA Region: Finding the Right Ingredients for Success”, A.M. Best states due to a lack of sufficient differentiation, takaful providers remain subject to fierce price competition with larger, more established insurers that already benefit from greater brand awareness and established distribution networks. Furthermore, additional support from shari’a scholars in promoting Islamic financial products is essential for the growth of the takaful sector. ... Read more »

Award-winning dedicated smart energy offer provides reliable connectivity, secure digital identities, ensuring sensitive data integrity and confidentiality over the long life of smart energy assets AMSTERDAM-Monday, May 14th 2018 [ AETOS Wire ] (BUSINESS WIRE)-- Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, is strengthening trust in the smart energy sector with an end-to-end security solution which protects the entire ecosystem. Deployed by smart meter makers and distribution systems operators, the offer provides seamless connectivity solutions, secure digital identities and security lifecycle management for the long life of smart meters, as threats and stakeholders evolve over time. The solution protects connected energy assets and the data they exchange, allowing people and businesses to trust the expanding smart grid. Secure smart grids improve sustainability, efficiency and reduce threats Today’s highly successful smart grids have become comprehens ... Read more »

Innovative industry leader of carrier cloud solutions previews updated product lineup at world’s largest consumer show BRIDGEWATER, N.J.-Tuesday, January 9th 2018 [ AETOS Wire ] (BUSINESS WIRE) -- Synchronoss Technologies, Inc. (NASDAQ:SNCR) (the “Company” or “Synchronoss”), a global leader and innovator of cloud, messaging and digital products, will be offering demos of its updated lineup of solutions, including Personal Cloud, Content Transfer, Messaging Marketplace, Email, and Digital Channels at CES 2018. These demos will take place in The Chairman’s Salon at the Wynn Hotel in Las Vegas from January 9 -12, 2018. Glenn Lurie, who joined as the Company’s new CEO in November 2017, will be on hand to discuss the biggest trends impacting the Technology-Media-Telecommunications (TMT) industry, including the importance of cloud, advanced messaging, IoT, 5G, AI, net neutrality, digital transformation, and more. Lurie, who previously served as CEO of AT&T's Mobility and Consumer Operati ... Read more »

DAMMAM, Saudi Arabia-Monday, May 14th 2018 [ AETOS Wire ] (BUSINESS WIRE)-- Savage Saudi Arabia (Savage) has delivered a total of seven locomotives and two locomotive booster units from the United States to Saudi Arabia’s Eastern and Northern Provinces, to support rail operations at Saudi Aramco and Ma'aden Wa'ad Al-Shamal Phosphate Company (MWSPC) facilities. Savage will own, operate and maintain the two Tier-3 compliant, low-emissions locomotives delivered to Saudi Aramco’s Wasit and Berri Gas Plants, in the Jubail area. Savage also delivered five GP38-3 locomotives and two booster units to MWSPC’s new mining and processing plants in Wa'ad Al-Shamal Industrial City and Ras Al Khair Industrial City. The locomotives and booster units were imported by ship from Houston, Texas (USA) to the Port of Dammam, Saudi Arabia, and hauled by tractor-trailers to their final destinations. Savage has an agreement to provide rail switching, track maintenance, and track signaling system operations a ... Read more »

Dubai, United Arab Emirates-Monday, May 14th 2018 [ AETOS Wire ] The latest oil-free rotary screw air compressor from Atlas Copco, the ZR 90-160 VSD+, delivers up to 35% energy savings for a fast return on investment. Ideal for applications in the food & beverage, electronics, automotive, textile and pharmaceutical industries, the water-cooled ZR 90-160 VSD+ is equipped with two high-efficiency permanent magnet motors, state-of-the-art compressor elements, a new cooler design and an improved monitoring system. This plug-and-play compressor is housed in a compact, soundproof enclosure. It’s the latest air compressor in Atlas Copco’s smart AIR solutions portfolio. The drive design of the ZR 90-160 VSD+ incorporates Atlas Copco’s most sophisticated Variable Speed Drive (VSD) technology: NEOS drives combined with permanent magnet motors. The dual motor concept with a smart control algorithm allows both elements to be run at different speeds, which optimizes efficiency. “By adjusting ou ... Read more »