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BCS Tactical Operations Center (TOC) Exemplifies Company’s Approach to Business Continuity

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BCS, the nations only independent, single-source data center operations provider, reports increased demand for its Tactical Operations Center (TOC) from data center owners seeking to maintain business continuity by mitigating risks related to remote visibility of their critical facility operations due to COVID-19 stay-at-home orders and workplace isolation. The BCS TOC provides 7x24x365 eyes-on-glass remote, cloud-based visibility into critical facilities and physical operations at client sites.

Higher demand for the BCS TOC follows a recent report from Uptime Institute, “COVID-19: Minimizing Critical Facility Risk,” that warns data center owners of the unprecedented challenges placed on executing contingency and business continuity plans. The report details operational risks associated with COVID-19 and points to the benefits associated with remote monitoring, management and reporting.

Data center owners are seeking ways to get ahead of future events rather than react to them, said BCS CEO Danny Crocker. They view remote monitoring and management as a way to bridge physical gaps, minimize risk and strengthen resiliency. Our Tactical Operations Center fills all those needs either as a complement to our other solutions or as a stand-alone offering.

The BCS Tactical Operations Center (TOC) is a centralized client-facing, command, control, communications and remote operations center. It provides data center owners with critical facility support, physical security oversight, plus tactical incident management and reporting.

The BCS TOC utilizes the BCS CriticalWorks„¢ computerized maintenance management system (CMMS) and business intelligence capabilities. CriticalWorks„¢ is the foundational toolset that allows TOC analysts to identify an anomaly and provision the appropriate resources to operate and protect critical environments.

The BCS TOC aligns with other BCS best-in-class practices and procedures to deliver continuous uptime and meet client service level agreements. BCS provides data center facility management, IT services and physical security using a single, fully integrated, self-performance model. BCS employees perform a minimum of 80% of all site services.

Earlier this year BCS announced a long-term lease for office space in Addison, Texas, to serve as a new corporate headquarters and the location of BCSs primary TOC environment. BCS has the capability to stand up smaller cloud-based TOC instances around the country if the primary environment becomes unreachable. In addition, BCSs Texarkana, Texas, office will serve as the disaster recovery environment, hosting the process, people and technology should the primary environment become unrecoverable.

BCS currently employs 130 data center operations engineers, IT service operations technicians, security officers and service-delivery subject matter experts with plans to increase to more than 200 employees by year’s end. In March 2020 BCS announced signing a master service agreement with California-based Landmark Dividend LLC to operate and manage Landmark-owned critical infrastructure worldwide.

About BCS

BCS is an enterprise-level, critical facilities operations company focusing exclusively on data centers. The BCS solutions portfolio includes facility management, IT services, physical security and a range of value-added professional services through one fully integrated self-performance model. BCS utilizes advanced technology and centralized services, including BCS CriticalWorks„¢ and the BCS Tactical Operations Center, to achieve increased performance, efficiency and scale. BCS serves the needs of Fortune 500 companies coast-to-coast with 28 data centers, 6.8 million total square feet (1.8 million in raised floor), and 150 MW of data center critical power under contract.

For more information visit bcsfmsolutions.com or follow BCS on LinkedIn.

Chad Giddings

Marketing & Communications, BCS

816-769-6162

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OneConnect wins 2020 IDC Digital Trust Award for innovative Financial Cloud

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SHENZHEN, China, Oct. 19, 2020 /PRNewswire/ — OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE: OCFT) has been recognized for its innovative OneConnect Financial Cloud with the Real Results Digital Trust Award from International Data Corporation (IDC), the premier global provider of market intelligence, advisory services, and events. The company was the only Chinese company to win the award this year, which goes to information technology providers who have enabled a significant change at a client financial institution.

OneConnect also ranked 66 in IDC’s FinTech Rankings Top 100 list. The IDC FinTech Rankings are based on calendar year revenues from financial institutions for hardware, software, and/or services.

"The inclusion in the Top 100 list is a testament to OneConnect’s superior position in the global fintech services industry, supported by our cutting-edge technological capabilities in the financial industry such as artificial intelligence, big data, blockchain and financial cloud," said Ye Wangchun, Chairman and CEO of OneConnect. 

OneConnect, an associate of Ping An Group, is a world-leading technology service platform for financial institutions in China. It provides comprehensive end-to-end solutions for banks, insurers, and investment managers by integrating extensive financial services experience with market-leading technology.

The Company enables customers to manage risks, enhance service quality, improve efficiency, increase revenue and reduce costs in their digital transformations. As of June 30, 2020, the Company served over 50 international customers in over 15 markets.

OneConnect has strong cloud computing capabilities with the leading financial cloud platform in China, covering banking, insurance, securities, investment and other financial industry systems. OneConnect Financial Cloud is managing nearly 300,000 hosts, 40,000 databases, and hundreds of thousands of applications.

OneConnect’s advantages in cloud-based financial services and the deployment of core Internet technologies, such as drainage applications, help banks expand their Internet business quickly.

With OneConnect’s online loan system and Eagle Eye risk control system on the cloud, it helps banks significantly reduce risks. Compared with a client financial institution’s self-built cloud technology, OneConnect can shorten the lead time of cloud-based project from 30 days to 10 days, and reduce cloud-based project costs by more than 48%.

OneConnect plans to continue expanding its footprint in the fintech sector, helping banks and financial institutions worldwide transform their businesses by using its advanced technologies and services.

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Vipshop Appoints New Chief Financial Officer

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GUANGZHOU, China, Oct. 19, 2020 /PRNewswire/ — Vipshop Holdings Limited (NYSE: VIPS), a leading online discount retailer for brands in China ("Vipshop" or the "Company"), today announced that it has appointed Mr. David Cui as its new Chief Financial Officer to succeed the current Chief Financial Officer Mr. Donghao Yang, who will leave the position in the near future and serve the Company in his new capacity as a Non-Executive Director. Mr.Cui has joined the Company to prepare for the transition into his new role.  

"David brings with him extensive experience in public company accounting, internal control and financial management. We look forward to working with David to elevate the Company to the next level. " said Mr. Eric Shen, chairman and CEO of Vipshop.

"Meanwhile, we greatly appreciate the significant contributions that Donghao has made to the Company’s growth and transformation in the past nine years. We believe the Company will continue to benefit from Donghao’s insights and experience as a Director of our Board," Mr. Shen added.

Before joining Vipshop, Mr. Cui was the Chief Financial Officer of Huami Corp. (NYSE: HMI) from August 2017 to September 2020. From August 2015 to April 2017, Mr. Cui was the Chief Financial Officer of China Digital Video Holdings Limited, a company listed on the Hong Kong Stock Exchange. Prior to that, Mr. Cui was an independent financial advisor to high growth companies on business strategies, fund raising, corporate governance and accounting matters. From April 2011 to August 2013, Mr. Cui was the Chief Financial Officer of iKang Healthcare Group, Inc., a company listed on the Nasdaq Stock Exchange. He was an audit senior manager of Deloitte Touche Tohmutsu, China from April 2007 to April 2011. Prior to that, Mr. Cui served multiple roles in public accounting and financial reporting in the United States and Canada. Mr. Cui has a bachelor’s degree in business administration from Simon Fraser University, Canada and is a licensed CPA in the United States and Canada.

About Vipshop Holdings Limited

Vipshop Holdings Limited is a leading online discount retailer for brands in China. Vipshop offers high quality and popular branded products to consumers throughout China at a significant discount to retail prices. Since it was founded in August 2008, the Company has rapidly built a sizeable and growing base of customers and brand partners. For more information, please visit www.vip.com.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the business outlook and quotations from management in this announcement contain forward-looking statements. Vipshop may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Vipshop’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Vipshop’s goals and strategies; Vipshop’s future business development, results of operations and financial condition; the expected growth of the online discount retail market in China; Vipshop’s ability to attract customers and brand partners and further enhance its brand recognition; Vipshop’s expectations regarding demand for and market acceptance of flash sales products and services; competition in the discount retail industry; the potential impact of the COVID-19 to Vipshop’s business operations and the economy in China and elsewhere generally; fluctuations in general economic and business conditions in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Vipshop’s filings with the SEC. All information provided in this press release is as of the date of this press release, and Vipshop does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Related Links :

http://www.vip.com

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TuanChe Limited Announces Results of Annual General Meeting of Shareholders

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BEIJING, Oct. 19, 2020 /PRNewswire/ — TuanChe Limited ("TuanChe" or the "Company") (NASDAQ: TC), a leading omni-channel automotive marketplace in China, today announced the results of the Company’s 2020 Annual General Meeting of Shareholders ("2020 AGM") held on October 19, 2020, at 10:00 a.m. China Standard Time in Beijing, China. Each of the proposals submitted for shareholder approval at the 2020 AGM has been approved. Specifically, the shareholders have passed resolutions approving:

  1. The ratification of the appointment of Mr. Fei Han as an independent Director of the Board, and as a member of the nominating and corporate governance committee and the audit committee; and
  2. The ratification of the appointment of PricewaterhouseCoopers Zhong Tian LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2020.

About TuanChe

Founded in 2010, TuanChe Limited (NASDAQ: TC) is a leading omni-channel automotive marketplace in China. TuanChe offers services to connect automotive consumers with various industry players such as automakers, dealers and other automotive service providers. TuanChe provides automotive marketing and transaction related services by integrating its online platforms with offline sales events. Through its integrated marketing solutions, TuanChe turns individual and isolated automobile purchase transactions into large-scale collective purchase activities by creating an interactive many-to-many environment. TuanChe also provides virtual dealership services by connecting automakers and franchised dealerships with secondary dealers, which ultimately helps automakers penetrate and expand into lower-tier cities. Furthermore, leveraging its proprietary data analytics and advanced digital marketing system, TuanChe’s online marketing service platform helps industry customers increase the efficiency and effectiveness of their advertising placements. For more information, please contact [email protected].

For investor and media inquiries, please contact:

TuanChe Limited
Cynthia Tan
Tel: +86 (10) 6398-6232
Email: [email protected]

The Piacente Group, Inc.

Brandi Piacente
Tel: +1 (212) 481-2050
Email: [email protected]

Yang Song
Tel: +86 (10) 6508-0677
Email: [email protected]

Related Links :

http://www.tuanche.com

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Editorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.
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