Tag Archives: LIC

Vectorworks and Solibri Inside Integration to Save Architects Time and Money


New, SaaS-Based Solution from Solibri Provides In-Design Model Checking for Vectorworks Users.

COLUMBIA, MD., Jan. 23, 2023 /PRNewswire/ — Global design and BIM software provider Vectorworks, Inc. has partnered with fellow Nemetschek Group brand Solibri to offer users a new way to deliver quality designs confidently. With Solibri Inside, you can validate, report and modify design errors in an easy-to-use model checker directly inside Vectorworks. Created with designers’ needs in mind, the new feature helps to reduce risk with fewer errors and improves efficiency with fewer file exchanges, saving architects, their consultants and clients valuable time and money.

“Quality assurance is a critical component of BIM, but many architecture firms have historically lacked a robust way to accurately and efficiently check their models,” said Vectorworks CEO Dr. Biplab Sarkar. “We’re proud to alleviate this pain point for our users in collaboration with Solibri through this integrated, flexible and time-saving solution. Solibri Inside provides automatic rule-based checking in a convenient application, so architects can confidently deliver high-quality, precise designs every time.”

This innovative feature now works within the latest version, Vectorworks 2023 Service Pack 3, eliminating the need for users to open another software platform to perform basic model checking. Users can ensure their BIM models comply with building regulations, national and international standards or a specific project’s BIM requirements seamlessly before sharing with other project stakeholders within their workflow.

“Today sees another step towards ‘better BIM,'” said Solibri CEO Ville Kyytsönen. “Solibri’s mission is to improve the quality of digital construction. BIM is essential in this mission – it is the ‘single source of truth.’ Solibri is improving the quality of models by bringing quality checking as part of the model authoring process. With Solibri Inside, we improve the process by enabling more QA early in the process before coordination takes place.”

Vectorworks users can install the plug-in now through the Partner Installation Palette. The first release of Solibri Inside comes with a free standard package for checking door and window clearances and the supporting Level of Information (LOI) in your Vectorworks building information model. Users can unlock additional features by registering a Solibri Inside account. With a Solibri Inside account, users can add Premium paid packages, giving users the ability to create customized rule checks to meet their project’s BIM requirements.

For more information on utilizing Solibri Inside within Vectorworks, visit www.solibri.com/inside.

About Vectorworks, Inc.

Vectorworks, Inc. is an award-winning design and BIM software provider serving the architecture, landscape architecture and entertainment industries in 85 countries. Built with designers in mind since 1985, Vectorworks software offers you the freedom to follow your imagination wherever it leads you. Globally more than 685,000 users are creating, connecting and influencing the next generation of design with Vectorworks on Mac and Windows. Headquartered in Columbia, Maryland, with offices in the UK, Canada and Australia, Vectorworks is a part of the Nemetschek Group. Learn how you can design without limits at vectorworks.net or follow @Vectorworks.

Nippon Life India Chooses SS&C to Accelerate Expansion in Singapore


The firm will leverage the SS&C Eze asset management platform to scale Singapore strategy

WINDSOR, Conn., Jan. 23, 2023 /PRNewswire/ — SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced Nippon Life India Asset Management (Singapore) Pte. Ltd. (Nippon Life India Singapore), the offshore multi-asset, multi-strategy platform of Nippon Life India Asset Management Limited, has transitioned its operations onto the SS&C Eze asset management platform. The firm will now take advantage of the Eze Investment Suite ecosystem for its recently launched Fixed Income ETF, among other funds.

“We were looking for a singular, scalable and robust solution to streamline our front-to-back investment operations and data across asset classes and strategies. Eze’s longstanding reputation, its ability to scale up and its capability in handling the entire investment process made Eze Investment Suite a great choice for our investment operations,” said Abhijit Singh, CEO and Global Head, International Business at Nippon Life India Singapore. “SS&C’s deep experience and capabilities supporting firms similar to ours make them a valuable, trusted partner in our growth strategy. The platform’s expansive capabilities and flexibility will enable our teams to evolve the business seamlessly over time.”

Nippon Life India Singapore manages funds investing in Indian capital markets and UCITS funds for international investors focusing on Indian Equities, Fixed Income, & Alternative assets.

“Nippon Life India Singapore is at an exciting point in their expansion, and we are pleased to be a partner,” said Frank Maltais, Head of Sales, APAC, SS&C Eze. “SS&C focuses on reducing the friction of business data flow by eliminating burdensome paperwork, Excel spreadsheets, manual and double-entry to deliver automated reporting. Our teams have cultivated a strong rapport, which will be crucial to future momentum.”

About Nippon Life India Asset Management (Singapore) Pte. Ltd.

Nippon Life India Asset Management (Singapore) Pte. Ltd. was set up in 2006 as an offshore platform of Nippon Life India Asset Management Limited (“NLIAM”) for international clients. NLIAM is the asset manager of Nippon India Mutual Fund, one of India’s largest mutual fund companies. Nippon Life India Asset Management (Singapore) Pte. Ltd. is regulated by the Monetary Authority of Singapore, and holds a Capital Market Services (“CMS”) license to carry out fund management activities under the Securities and Futures Act (“SFA”) in Singapore.

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 20,000 financial services and healthcare organizations, from the world’s largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.

SOURCE: SS&C

Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com.

Follow SS&C on Twitter, LinkedIn and Facebook.

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eQ Technologic Joins AWS Partner Network

COSTA MESA, Calif., Jan. 20, 2023 /PRNewswire/ — eQ Technologic, the provider of eQube®-DaaS, the powerful low/no-code data integration and analytics platform, is proud to announce it has joined the Amazon Web Services (AWS) Partner Network (APN).

eQ Technologic Joins AWS Partner Network
eQ Technologic Joins AWS Partner Network

The APN is a global community of AWS Partners leveraging AWS to build innovative software solutions and services. AWS offers technical support and expertise to its Partners, along with a wider reach that allows them to grow their customer base.

The AWS Partner designation status is a testament to eQ’s customer-centric business outcomes driven approach that aligns with the AWS Well-Architected Best Practices, prioritizing all its six pillars. eQ Technologic’s platform, using AWS services like EC2, S3, RDS, SNS, ACM, KMS, and more, provides a complete cloud services and cloud management portfolio that creates secure, rapid, and flexible access to the cloud.

Dinesh Khaladkar, President & CEO of eQ Technologic said, “We are very excited to join the AWS Partner Network, as it is the perfect place for us to substantially extend the reach of eQube®-DaaS. With this, in addition to providing game changing business outcomes-based data fabric solutions to large customers globally, we will reach more small and medium-sized companies. Our Data Fabric solutions will become more cost effective and accessible to anyone. By joining the APN, we are on an accelerated path to democratize digital transformation.”

Sanjeev Tamboli, the CTO added, “We are thrilled to join the AWS Partner Network. AWS Partner status underscores our ability to provide scalable and managed cloud deployments, without compromising on security best practices. By leveraging AWS, eQ will be able to reach a wider audience and allow customers to effortlessly integrate cloud based and on-premises applications.”

Globally, businesses are increasingly moving towards software solutions and services that can – without compromising on security – rapidly and efficiently address their business needs to accelerate their digital transformation. eQube®-DaaS, a leading integration and analytics platform, helps its customers accelerate their Digital Transformation by establishing a data fabric connecting enterprise-wide data, applications, and devices. Working with AWS consolidates eQ’s objectives: empowering businesses through scalable and robust integration and analytics solutions; creating ease of access to business insights for digital transformation; and creating valuable and meaningful impact.

About eQ Technologic

eQ Technologic, Inc. (‘eQ’) is a trusted provider of the eQube®-DaaS (Data as a Service) platform that delivers a highly scalable, resilient, and secure Data Fabric for its Customers. 

eQube®-DaaS is a powerful Low/No-Code Data Integration and Analytics platform. It establishes a Digital Backbone connecting enterprise-wide data, applications, and devices. This creates a ‘Data Fabric’ which puts the power of analytics in the hands of end users, leading to Actionable Insight. eQube®-DaaS platform-based solutions result in substantial productivity gain.

eQube® platform is flexible, robust, resilient, scalable, and secure with an overall lower total cost of ownership. The enterprise platform is now accessible through eQube®-Cloud, a game changer that further democratizes access to powerful data integration and analytics solutions, allowing organizations to embark on their Digital Transformation journeys.

Visit https://www.1eQ.com for more information on the eQube®-DaaS platform.

Source: eQ Technologic, Inc.

Jacobi Inc partnering with Principal Asset Management℠ to digitize and scale fintech-enabled model portfolio offering


SAN FRANCISCO, Jan. 20, 2023 /PRNewswire/ — Principal Asset ManagementSM has partnered with Jacobi Inc., a global investment technology provider, to scale its fintech-enabled model portfolio offering powered by multi-asset risk analytics and market leading client engagement technology.

With a strong focus on digital transformation, Principal® is empowering advisors with analytics and tools enabling them to ultimately better serve their end clients. Jacobi’s cloud-native technology will provide Principal with a configurable platform enabling more meaningful analysis of portfolios by delivering bespoke, forward-looking and historical analytics in a fully integrated visual environment. Storytelling is central to the investment process and Jacobi’s storyboard and reporting technology supports in-depth analysis of risk and return within a portfolio and the process of communicating its impact on portfolio objectives. 

Mike Casciano, Head of Model Strategy at Principal Asset Management, says:

“Working with Jacobi to create proprietary multi-asset risk analytics will make it easier for advisors to understand how model portfolios will behave in different market conditions. We’re excited to offer advisors access to bespoke, forward-looking and historical analytics.”

Tony Mackenzie, Chief Executive Officer at Jacobi, says:

“It’s very pleasing to work with such a well-regarded asset manager. This partnership with Principal will help them deliver superior analytics and engagement tools to its investment teams and advisors and ultimately better outcomes for the end client. Unsurprisingly, there is strong demand for our technology owing to the increased need for investment firms to scale and connect investment processes and increase the quality of engagement with clients. Jacobi has a global footprint and a strong pipeline – with more new business wins to announce later in the year.”

About Jacobi

Jacobi Inc. is a global investment technology provider that streamlines multi-asset investment processes and enables portfolio design, analysis and client engagement. Its unique “open architecture” platform allows users to tailor the platform by integrating their own code, models, data, analytics and applications.

Founded in 2014 Jacobi provides its technology to top-tier investors across the globe including some of the world’s leading asset and wealth managers, pension funds, asset owners and investment consultants. 

About Principal Asset ManagementSM

With public and private market capabilities across all asset classes, Principal Asset ManagementSM and its investment specialists look at asset management through a different lens, creating solutions to help deliver client investment objectives. By applying local insights with global perspectives, Principal Asset Management identifies distinct and compelling investment opportunities for more than 1,100 institutional clients in over 80 markets.[1]

Principal Asset Management is the global investment solutions business for Principal Financial Group® (Nasdaq: PFG), managing $484.6 billion in assets[1] and recognized as a “Best Places to Work in Money Management[2]” for 11 consecutive years. Learn more at www.PrincipalAM.com

[1] As of September 30, 2022 
[2] Pensions&Investments, “The Best Places to Work in Money Management”, December 12, 2022. 

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GetInData Join Forces With Xebia


The partnership empowers both to meet the growing global demand

ATLANTA, Jan. 11, 2023 /PRNewswire/ — Xebia, today proudly announced its partnership with GetInData, a group of 120+ experienced data engineers and consultants. The companies are joining forces to expand their global market reach, with a shared vision of empowering clients to unlock the full business potential of their data.

Founded by former Spotify engineers in Poland in 2014, GetInData has made its name delivering cutting-edge Big Data, Cloud, Analytics, & ML/AI solutions. The company boasts a deep knowledge of data engineering principles and has a proven track record of implementing a wide range of data technologies. Its clients include digital natives like Spotify, Truecaller, Acast, as well as enterprises such as ING bank and telecoms Play and Kcell.

“With GetInData, we welcome some of the brightest minds in data today to our team of highly-specialized data experts,” said Xebia CEO Anand Sahay. He added, “This partnership adds a new level of scale to our global brand and allows us to bring even more high-performing and innovative solutions to the market.”

The partnership is a natural evolution of a long-standing relationship between the two companies. They have collaborated on joint projects, attended and presented at the same conferences, always been active members of the big data community, and have colleagues and open-source contributions in common.

Rob Dielemans, Director, Data at Xebia, added: “I have always admired GetInData, and it’s an equal partnership of two fantastic companies joining teams. The synergy between our organizations is unparalleled, as both companies share a commitment to delivering innovative, high-performing data solutions to clients around the globe.”

GetInData’s co-founder Piotr Krewski was also “thrilled to be joining Xebia” and sees it as a beneficial move that will help both companies expand their opportunities. “We are aligned on core values. Xebia has a mission of authority, and we strive to be an authority for the clients in our field,” he said.

GetInData is also aligned with Xebia’s core value of knowledge sharing, organizing meetups and conferences, such as the Big Data Warsaw Technology Summit, and regularly contributing to open-source. Adam Kawa, co-founder and CEO, GetInData commented, “We are excited to join Xebia as it allows us to accelerate all of our strategic activities. By joining forces, we amplify our strengths and are able to deliver the unique value proposition to companies all over the world willing to be driven by data.”

By merging and pooling knowledge, the companies can effectively work on innovative data projects, share R&D initiatives, and recruit talented people to fine-tune data, cloud, and ML architectures.

As a pioneering IT consultancy company, Xebia regards GetInData as a kindred spirit — one that recognizes how data is an indispensable part of the future of business. “Since our mission is to be seen as an authority, it makes perfect sense that an authority such as GetInData has joined us,” said Dielemans, “we really look forward to working with them.”

By adding the wealth of experience and expertise that GetInData brings to the organization, Xebia significantly expands its footprint in the global data and AI consultancy market. 

This partnership represents a significant milestone for both Xebia and GetInData, as it allows them to leverage their collective knowledge, experience, and expertise to drive innovation and empower their clients to unlock the full potential of their data.

About Xebia

Xebia is an IT Consultancy and Software Development Company that has been creating digital leaders across the globe since 2001. With offices on every continent, we help the top 250 companies worldwide embrace innovation, adopt the latest technologies, and implement the most successful business models. To meet every digital demand, Xebia is organized into multiple service lines. These are teams with in-depth knowledge and experience in Agile, DevOps, Data & AI, Cloud, Software Development, Security, Quality Assurance, Low Code, & Microsoft Solutions. In addition to high-quality consulting and state-of-the-art software, Xebia Academy offers the training that modern companies need to work better, smarter, and faster. Today, Xebia continues to expand through a buy-and-build strategy. We partner with leading IT companies to gain a greater foothold in the digital space. 

Contact:

Swati S
Corporate Communications Lead
+91-9810616405
swati.srivastava@xebia.com

HL Klemove and Sonatus Sign MOU for Collaboration on Next-Generation Automotive Architecture Technology at CES 2023

Expected to Spur Development of Autonomous Driving Technology in Preparation for the SDV(Software Defined Vehicle) Era

LAS VEGAS and SEOUL, South Korea, Jan. 7, 2023 /PRNewswire/ — On January 6th, HL Klemove, which specializes in autonomous driving solutions for HL Group, signed an MOU with Sonatus, a company specializing in vehicular communication & data, at the 2023 CES in Las Vegas. The two companies have agreed to collaborate on the development of next-generation automotive architecture technology, in preparation for the upcoming “Software Defined Vehicle (SDV)” era, where mobility will be software-centered. Pal-joo Yoon, Hyung-jin Kang (CEO and CTO of HL Klemove, respectively), Jeffrey Chou and John Heinlein (CEO and CMO of Sonatus, respectively), attended the signing ceremony.  

From left to right: Sung-guk Kim Director of Sale Center, HL Klemove, Hyung-jin Kang CTO, HL Klemove, Pal-joo Yoon CEO, HL Klemove, Jeffrey Chou CEO, SONATUS, John Heinlein CMO, SONATUS, Chris Yang Korea Country Manager, SONATUS
From left to right: Sung-guk Kim Director of Sale Center, HL Klemove, Hyung-jin Kang CTO, HL Klemove, Pal-joo Yoon CEO, HL Klemove, Jeffrey Chou CEO, SONATUS, John Heinlein CMO, SONATUS, Chris Yang Korea Country Manager, SONATUS

Most vehicles are equipped with ‘distributed control architectures’, where dozens of electronic controllers function individually to provide mobility solutions. In this form of architecture, application of new software is much restricted due to each controller’s hardware-related constraints and other complex interrelations. To address this problem, diverse attempts are being made to integrate multiple electronic controllers on the next-generation automotive architecture. This phenomenon can be observed in DCU(Domain Control Unit), which integrates controllers of different functions, as well as in Z-ECU(Zonal Electronic Control Unit) which integrate controllers of different zones regardless of  Functions and Zones. Building upon the successful commercialization of DCU for autonomous driving, HL Klemove, in collaboration with Sonatus, plans to accelerate the development of next-generation automotive architecture technologies, including Z-ECU.

A vast amount of data is required to operate mobility solutions. Given that, stable data communication in a vehicle is an essential requirement for controller integration—the biggest reason for HL Klemove’s partnership with Sonatus. Sonatus not only possesses a high-quality communication platform, but it also succeeded in commercialization of vehicle communication controls, such as *CCU(Central Communication Unit). The two companies plan to focus on developing next-generation integrated control platforms; a prerequisite for realizing future vehicles such as SDV(Software-Defined Vehicles).

HL Klemove’s CEO, Pal-joo Yoon said at the CES site that day, “The CCU we introduced at CES was the first output of our collaboration with Sonatus,” adding, “By building the next-generation automotive architecture, we will ensure thorough preparation is made when facing the new automotive paradigm; the SDV.”

Sonatus, located in Silicon Valley is a mobility software developer founded in 2018, with a vision to helping vehicles become “Data Centers on Wheels.” Global automakers are paying close attention to its network-based communication and data solution technologies.

About HL Klemove

HL Klemove is a leading global autonomous driving solution provider with over 2,100 patents and a proven track record. The company started anew through the merger of two companies, ADAS business unit that has spun off from HL Mando (KS 204320), the global automotive parts company, and Mando-Hella Electronics, a leader in the automotive electronic parts technology. HL Klemove offers end-to-end solution for L2+/L3 autonomous driving and plans to launch next generation autonomous driving products such as high-resolution camera and integrated domain control unit until 2025. The company serves over fifty (50) customers who are major OEMs and EV & autonomous driving vehicle start-ups, worldwide. HL Klemove currently has 3 manufacturing footprints in Songdo (Korea), Suzhou (China) and Chennai (India). The newly established corporation in Mexico will be supporting its customers in North America. In addition to the manufacturing footprints, the company is operating R&D centers globally in places such as Pangyo (Korea), Bengaluru (India), Suzhou (China) and Silicon Valley (US). HL Klemove promises safe and comfortable driving through its advanced sensors and SW algorithm, on the strength of strong electronic product capabilities. For more information, visit [www.hlklemove.com]

GLN and KB Join Forces to Establish Global Payment Network

–         KB Kookmin Bank to join GLN network to expand Korea-driven global payment network

–         Korean financial groups cooperate to strengthen global payment network and lead the future financial ecosystem

–         KB Kookmin Bank to provide mobile payment and ATM withdrawal service to customers in Thailand, Taiwan, Singapore, Japan, Vietnam, Laos, Hong Kong, Guam and others through GLN

SEOUL, South Korea, Dec. 19, 2022 /PRNewswire/ — GLN International (GLN), the global payment network company established by Hana Financial Group, signed MOU with KB Kookmin Bank to join the global payment network.

One of the largest Korean bank which has fiercely competed in a global market, decided to cooperate with GLN to expand the network together.

GLN (Global Loyalty Network) is global payment network service provider which connects international financial companies, distribution channels and reward point providers so that users can enjoy cross-border mobile payment, ATM withdrawal service and remittance.

Hana Bank first introduced GLN in April, 2019 by launching the global mobile payment service and spun off ‘GLN International’ in July, 2021, to facilitate network business and secure independence from its mother company.

GLN’s service is provided through Hana 1Q, the mobile banking application of Hana Bank, which offers mobile payment service in Thailand, Taiwan, Singapore, Vietnam, Japan, Laos, Hong Kong, Guam and mobile ATM withdrawal service in Japan, Vietnam, Laos, thanks to the partnership between GLN and local partners.

KB Kookmin Bank’s application KB Starbanking, LiivNext, KB Wallet users will also be able to use GLN’s cross-border mobile payment and withdrawal service, based on MOU signed between GLN and KB.

GLN International’s CEO Han Jun-Seong said, “To succeed in a global business, the mutual cooperation among Korean financial companies is requisite. KB Kookmin Bank decided to join GLN network as agreed on needs to provide Korea-driven payment service to customers whereas previously having to rely on foreign-driven network processors”.  

As KB Kookmin Bank joins GLN’s network, other financial companies in Korea are also expected to participate in the group. More companies joining the network will strengthen the competitiveness of GLN, and Korean financial market as a whole.

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PureSoftware announces partnership with Databricks to empower businesses to unlock the power of integrated data ecosystem


SINGAPORE, Dec. 13, 2022 /PRNewswire/ — PureSoftware, a global software products and services major announced its partnership with Databricks, a lakehouse company, excelling in enabling businesses to unify data and AI seamlessly to take data analytics potential to a new level. The Databricks Cloud Platform is designed for organizations that require an integrated view of data across multiple clouds and hybrid deployments, allowing businesses to make better decisions faster.

As a Databricks system integration partner, PureSoftware will combine the platform capabilities of Databricks with its data and AI expertise to create an integrated data ecosystem for both multi-cloud and hybrid cloud business models. The partnership will assist businesses to leverage the best of both worlds – Data lakes and Data warehouses, to simplify structural complexities in data governance, data engineering, data sharing, data streaming, and data science besides managing large-scale data pipelines to access real-time insights.

About PureSoftware

PureSoftware is a global software products and digital services company that has been driving transformation for the world’s top organizations across multiple verticals, such as banking and financial services, telecom, healthcare, gaming, and entertainment. Arttha, by PureSoftware, is a globally trusted financial technology platform. It helps businesses embrace digital solutions in the areas of consumer and MSME banking, agency/ branchless banking, digital lending, payments, BNPL and merchant management. Arttha5G, by PureSoftware is an ORAN-compliant 5G platform that enables companies to deploy digital RF front-end solutions for enhanced connectivity.

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

Media Contact:

Amitabh Chaudhary
amitabh.chaudhary@puresoftware.com 

Ribbon Appoints Channel UC as Partner and Distributor for Ribbon Connect for Microsoft Teams Direct Routing

Extends reach of cloud solutions in Australia/New Zealand Market

SYDNEY, Dec. 12, 2022 /PRNewswire/ — Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications software and IP optical networking solutions to service providers, enterprises, and critical infrastructure sectors, today announced that it has appointed Channel UC as a partner and distributor in Australia and New Zealand. The agreement covers Ribbon Connect for Microsoft Teams Direct Routing, and both appliance and software-based Session Border Controllers.

“Ribbon Connect is an easy, efficient route to market for partners looking to quickly activate Microsoft Teams SIP trunks to Microsoft phone system licensing or extend Direct Routing to include connectivity to existing PBX infrastructure,” said Brad Milne, Managing Director, Channel UC. “Including it in our Microsoft Teams product portfolio of software solutions enables us to strengthen our partner communities’ offering while reducing their overheads. This is especially important today, when finding skilled staff to manage complex environments is challenging.”

Ribbon Connect is a cloud-based service that securely connects new or existing phone lines, numbers and calling plans to Microsoft Teams. The solution is delivered on a per-user, per seat basis, and adds “dial tone” to Microsoft Teams deployments making it easy to place and receive business phone calls, turning Teams into the office phone system. Ribbon Connect streamlines the installation process for Microsoft Teams Direct Routing, eliminating the need to manage any on premise SBC hardware infrastructure.

“We are delighted to extend our relationship with Channel UC in Australia and New Zealand – their expertise in providing partners with simple and easy to deploy solution that are helping organizations of all sizes to get the most out of their Microsoft Teams environments, is a tremendous asset to the Channel community,” said Manny Christophidis, Channels Director, Asia Pacific, Ribbon Communications. 

Based in Sydney, Australia, Channel UC is a specialist Unified Communication, Contact Centre and Analytics Software Solutions distributor. The company was formerly a stand-alone division of Mia Distribution and was spun out as a separate business when Mia was acquired by Bluechip Infotech in August of 2022.

About Ribbon
Ribbon Communications (Nasdaq: RBBN) delivers communications software, IP and optical networking solutions to service providers, enterprises and critical infrastructure sectors globally. We engage deeply with our customers, helping them modernize their networks for improved competitive positioning and business outcomes in today’s smart, always-on and data-hungry world. Our innovative, end-to-end solutions portfolio delivers unparalleled scale, performance, and agility, including core to edge software-centric solutions, cloud-native offers, leading-edge security and analytics tools, along with IP and optical networking solutions for 5G. We maintain a keen focus on our commitments to Environmental, Social and Governance (ESG) matters, offering an annual Sustainability Report to our stakeholders. To learn more about Ribbon, please visit rbbn.com.

Important Information Regarding Forward-Looking Statements  
The information in this release contains forward-looking statements regarding future events that involve risks and uncertainties. All statements other than statements of historical facts contained in this release, including those regarding the expected benefits from use of Ribbon Communication’s products, are forward-looking statements. The actual results of Ribbon Communications may differ materially from those contemplated by the forward-looking statements. For further information regarding risks and uncertainties associated with Ribbon Communications’ business, please refer to the “Risk Factors” section of Ribbon Communications’ most recent annual or quarterly report filed with the SEC. Any forward-looking statements represent Ribbon Communications’ views only as of the date on which such statement is made and should not be relied upon as representing Ribbon Communications’ views as of any subsequent date. While Ribbon Communications may elect to update forward-looking statements at some point, Ribbon Communications specifically disclaims any obligation to do so.

Investor Contact
+1 (978) 614-8050
ir@rbbn.com       

Media Contact
Catherine Berthier
+1 (646) 741-1974
cberthier@rbbn.com 

In ANZ
Navigate Communications
+61-458-484-921
terry@navigatecommunication.com.au

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Source: Ribbon Communications Inc.

Sterling Partners with Yoti to Launch an Exclusive Portable Digital Identity Solution Internationally


  • Sterling and Yoti will integrate unique digital identity verification workflow into the hiring process throughout EMEA and APAC
  • The move will strengthen pre-employment checks for companies worldwide
  • The two companies will also introduce secure digital identities for candidates that they can share with other businesses and organizations for multiple use cases

NEW YORK, Nov. 9, 2022 /PRNewswire/ — Sterling (NASDAQ: STER), a leading provider of background and identity solutions, is partnering with digital identity company Yoti, to streamline background checks and expand their digital identity solutions. This collaboration brings together Sterling’s more than 45 years of expertise in background screening with Yoti’s innovative identity verification technology. The global partnership will expand Sterling’s digital identity capabilities in EMEA and APAC, and accelerate its vision to create privacy-centric portable identities for candidates.

The Sterling – Yoti partnership will enable an exclusive digital identity verification workflow to be integrated directly into the hiring process, allowing employers to take an identity-first approach, where a candidate’s identity is verified before completing other background checks, and before actually being hired. This strengthens pre-employment checks, reduces or eliminates the need to use physical documents, and creates a simplified hiring and onboarding experience for both employer and candidate.

Furthermore, candidates who verify their identity through Sterling and Yoti will be able to seamlessly create a secure, reusable digital identity. This will allow them to verify their identity once and share their details with other businesses in seconds, making the verification process more streamlined for employers and candidates. Individuals will be able to use their digital identity for future job opportunities, age verification, and any process requiring identity verification.

“We’re thrilled to partner with Yoti, an international leader in digital identity verification, expanding access to Sterling’s identity offerings to employers globally,” said Josh Peirez, CEO, Sterling. “This partnership will provide our clients with an exclusive, fully-integrated digital identity solution that will streamline and simplify identity verification in hiring processes and improve the accuracy of background checks.”

Robin Tombs, CEO at Yoti said: “We’re delighted to combine our digital identity verification technology with Sterling’s expertise in background screening to create an innovative, integrated digital identity solution. We can offer companies the most comprehensive, secure, and efficient employment checks. By adopting an ‘identity first’ approach, employers can be confident the correct person is applying for the job, and benefit from a smooth onboarding process. Our digital identity checks will streamline background screening and improve efficiencies throughout the hiring process.”

Sterling and Yoti have partnered together to create a fully-integrated workflow, structured entirely around reusable digital identity and privacy-preserving standards. Sterling clients and their candidates will be able to enjoy the unique experience across Sterling’s international regions starting in 2023, with the first phase beginning in the UK.

To learn more about the partnership, please visit Sterling’s Digital Identity Hub.

Notes to editors:

Under new legislation, Right to Work and DBS checks can now be completed digitally using an Identity Service Provider (IDSP). Yoti and their partner Post Office became the first certified IDSP in the UK. Sterling is also a certified IDSP, under the UK Digital Identity & Attributes Trust Framework, for UK Right to Work, DBS Criminal Record, and UK Right to Rent checks.

About Sterling

Sterling (NASDAQ: STER) — a leading provider of background and identity services — offers background and identity verification to help over 50,000 clients create people-first cultures built on a foundation of trust and safety. Sterling’s tech-enabled services help organizations across all industries establish great environments for their workers, partners, and customers. With operations around the world, Sterling conducted more than 95 million searches in the twelve months ended December 31, 2021. Visit us at sterlingcheck.com/.

About Yoti

Yoti is a digital identity technology company that makes it safer for people to prove who they are, verifying identities and trusted credentials online and in-person. They now provide verification solutions across the globe, spanning identity verification, age verification, document eSigning, access management, and authentication. In the UK, Yoti has partnered with Post Office to accelerate digital identity adoption, with a national footprint spanning 11,500 Post Office branches, online and more. Over 12 million people have downloaded the free Yoti app across the world. It is available in English, Spanish, French, German, Portuguese and Polish. Yoti is certified to ISO/IEC 27001:2013 for ID Verification Services, ISAE 3000 (SOC 2) Type 2 certified for its technical and organisational security processes. For more information, please visit www.yoti.com.

Contacts:

Sterling
Investors:
Judah Sokel
IR@sterlingcheck.com 

Media:
Jamie Serino
Jamie.Serino@sterlingcheck.com

Yoti
press@yoti.com

Yoti is a digital identity technology company that makes it safer for people to prove who they are, verifying identities and trusted credentials online and in-person. They now provide verification solutions across the globe, spanning identity verification, age verification, document eSigning, access management, and authentication. For more information, please visit www.yoti.com.
Yoti is a digital identity technology company that makes it safer for people to prove who they are, verifying identities and trusted credentials online and in-person. They now provide verification solutions across the globe, spanning identity verification, age verification, document eSigning, access management, and authentication. For more information, please visit www.yoti.com.