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Frontrunner Itiviti kicks off cloud transformation of its entire trading infrastructure

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STOCKHOLM, Oct. 27, 2020 /PRNewswire/ — Itiviti, a leading technology and service provider to financial institutions worldwide, today announced the cloud transformation of its entire electronic trading platform. Itiviti opted for a hybrid private-public cloud strategy to reinforce the modularity and flexibility of the Itiviti platform.

To operate the transformation, the company will collaborate with data center experts Data Canopy and technology and supply chain services specialist Ingram Micro, and leverage Amazon Web Services (AWS).

This cloud transformation project will enable Itiviti’s clients to scale computing costs as needed and respond more quickly to abrupt market changes. They will also be able to reach more services through Itiviti’s portals and benefit from facilitated integration of offerings from innovative firms. In addition, storing and sharing data will be simpler.

Immediate benefits for Itiviti’s clients include improved operational performance, increased efficiency, greater security and reduced IT costs. Itiviti will also enable capital markets players to seamlessly extend the deployment of their businesses across the globe by leveraging the new cloud-based trading infrastructure.

According to Antoine Moreau, Head of Infrastructure Services at Itiviti, the company is rolling out a program of investment and innovation across the entire firm. "This cloud initiative follows a massive infrastructure upgrade of our NYFIX order routing network", says Moreau. "This project will increase our platform’s adaptability in a context of accelerated virtualization of the capital markets."

Itiviti will further leverage technologies such as microservices and containerisation to develop and deliver new services faster and more efficiently. "The most important aspect of the project for all our business lines is to enable future growth and drive business innovation," adds Moreau.

Ryan Barbera, CEO of Data Canopy, adds: "We have been working in lockstep with Itiviti to understand how best to help it achieve its goals. We will employ our network of partners to determine the right solutions, and with our expertise in data centres and the cloud, we will pull it all together."

In its work with Itiviti, Ingram Micro’s Cloud IaaS Professional Services Center of Excellence is leveraging the AWS Cloud Adoption Framework. "The framework provides guidance that supports each unit within Itiviti’s organisation to understand how to update skills, adapt to existing processes, and introduce new ones to maximize the advantages of cloud computing of the services," says John Wrona, Cloud Market Development Executive, Ingram Micro.

The cloud transformation will be rolled out in phases with the first set of applications running in the cloud due to go-live by the end of 2020.

For further information, please contact:

Mireille Adebiyi, Chief Marketing Officer, Itiviti Group, Email: [email protected]

About Itiviti

Itiviti enables financial institutions worldwide to transform their trading and capture tomorrow. With innovative technology, deep expertise and a dedication to service, we help customers seize market opportunities and guide them through regulatory change.

Top-tier banks, brokers, trading firms and institutional investors rely on Itiviti’s solutions to service their clients, connect to markets, trade smarter in all asset classes by consolidating trading platforms and leverage automation to move faster.

A global technology and service provider, we offer the most innovative, consistent and reliable connectivity and trading solutions available.

With presence in all major financial centers and serving around 2,000 clients in over 50 countries, Itiviti delivers on a global scale.

For more information, please visit www.itiviti.com.

Itiviti is owned by Nordic Capital.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/itiviti-group-ab/r/frontrunner-itiviti-kicks-off-cloud-transformation-of-its-entire-trading-infrastructure,c3225696

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CIFI’s Corporate Family Rating (CFR) Upgraded to ‘Ba2’ and Senior Unsecured Debt Rating on Its Existing Notes Upgraded to ‘Ba3’ by Moody’s Outlook Stable

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HONG KONG SAR – Media OutReach – 26 November 2020 – CIFI Holdings (Group) Co. Ltd. (“CIFI” or the “Group”, HKEx stock code: 884), a leading real estate developer and investor in first-, second- and robust third-tier cities in China, is pleased that Moody’s Investors Service (“Moody’s”) has upgraded the corporate family rating (CFR) of CIFI Holdings (Group) Co. Ltd. to Ba2 from Ba3 and upgraded the senior unsecured debt rating on its existing notes to Ba3 from B1. The outlook is stable. This reflects CIFI’s business development, management efficiency, and credit quality improvement in recent years have been recognized by Moody’s.

 

Moody’s rating report expected that CIFI’s credit metrics will improve over the next 12 to 18 months, supported by strong revenue growth and controlled debt growth. Moody’s believed that with CIFI’s more geographically diversified operations and continued strong access to funding, will enable the Group to deliver solid business growth over the next 12 to 18 months.

 

The report stated that CIFI contracted sales grew 12% to RMB174.4 billion in the first ten months of 2020, despite the negative impact on sales from coronavirus outbreak, especially in the first half of the year. This reflects the Group’s ability to execute its property development strategy, which is focused on catering to the housing demand from upgraders in key tier-1 and tier-2 cities in China.

 

Moody’s expected that CIFI’s sizable salable resources, strong sales execution and solid housing demand in the Group’s core markets will enable the Group to further grow its contracted sales to RMB220billion to RMB240 billion over the next 12 to 18 months. The Group’s EBIT/interest will also improve to 3.1x to 3.6x from 2.5x over the same period, driven by higher earnings and declining interest costs.

 

Furthermore, as CIFI continues to demonstrate prudent financial management with a balanced debt maturity profile and solid balance sheet liquidity, Moody’s believed that CIFI’s debt will improve to 65%-75% over the next 12 to 18 months, from 46% for the 12 months ended June 2020, driven robust revenue recognition on the back of the company’s strong contracted sales over the past two to three years, as well as its disciplined approach to pursuing growth and controlling debt increase.

 

Mr. Lin Zhong, Chairman of CIFI, said “We welcome the upgrade of our corporate family rating and senior unsecured debt rating by Moody’s. The move is the capital market’s recognition of CIFI’s achievements. CIFI raised funds prudently in the offshore capital markets in 2020. The newly issued long-term US dollar debts exceeded 5-year maturity, effectively extending the average debt maturity and lowering the average financing costs. It fully reflects the recognition of credit quality of CIFI by the investors.

 

“Moreover, under the new three red lines’ rules, the debt control by real estate companies will benefit the long-term and healthy development of the industry. Looking ahead, as a leading real estate developer, CIFI will continue to implement prudent financial policies to improve our credit quality and generate encouraging return to our shareholders”, Mr. Lin said.

About CIFI (Group):

Headquartered in Shanghai, CIFI is one of China’s top real estate developers. CIFI principally focuses on developing high-quality properties in first-, second- and select third-tier cities in China. CIFI develops various types of properties, including residential buildings, offices and commercial complexes.

 

To learn more about the Company, please visit CIFI’s website at: http://www.cifi.com.cn

 

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7-SELECT x TABASCO® Take Spicy to the Next Level In their first-ever crossover launching 25th November

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HONG KONG SAR – Media OutReach – 27 November 2020 – If you’re a spicy food fanatic, then you know that chilli peppers are the perfect way to perk up any dish! To delight all those spicy food lovers out there, 7-Eleven, in their continuous quest to bring fun and excitement to its customers, has teamed up with TABASCO®, the legendary American century-old hot sauce brand, and developed a menu of new and original recipes. The result? A crowd-pleasing line up of 7-SELECT x TABASCO® items to make your mouth water. In this update, we’re thrilled to unveil the Chipotle Meatball Hot Wrap and Chipotle Chicken Korean Roll – so you can now enjoy good quality spicy food on the go, anytime, anywhere. Plus there’s more! We’re also adding a pair of unmissable snack items to the Hot Shot menu – TABASCO® Buffalo Chicken Wings and TABASCO® Spicy Stirred Udon!


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The Ideal Snack for One On the Go – 7-SELECT x TABASCO® Chipotle Chicken Korean Roll

When it comes to Korean comfort food, hot sauce is simply the must-have condiment. Now, just imagine the taste sensation if you were to add the iconic American spicy sauce to the beloved Korean handroll? 7-SELECT has done just that with the 7-SELECT x TABASCO® Chipotle Chicken Korean Roll ($20), combining the Korean “gimbap” with the smoky and flavourful TABASCO® Chipotle Pepper Sauce. A perfect partnership! Each handroll is packed with pickled radish, cucumber, cheese and chicken. And don’t worry if you can’t handle too much heat, this handroll is only mildly spicy so you’ll still be able to enjoy the smoky pepper flavour.

The Perfect Afternoon Pick-Me-Up – 7-SELECT x TABASCO® Chipotle Meatball Hot Wrap

The 7-SELECT x TABASCO® Chipotle Meatball Hot Wrap ($18) — a delectable combination of succulent chicken meatballs coated in smooth Mozzarella and cheddar cheese sauce and seasoned with a generous serving of TABASCO® Chipotle Pepper Sauce, made from slow-smoked jalapeno peppers. Experience its fusion of flavours — the pairing of chilli and cheese is a match made in heaven!

Hot Shot Favourites with a Kick! TABASCO® Spicy Stirred Udon and TABASCO® Buffalo Chicken Wings

Udon has always been a popular choice on the Hot Shot menu. To delight the tastebuds and reward the support of our loyal fans, we’re rolling out this brand new flavour. Introducing the all-new TABASCO® Spicy Stirred Udon ($12)! Seasoned with TABASCO® Sriracha Sauce, this lipsmackingly tasty bowl of deliciousness is a bold blend of spicy, salty and sweet!

 

Who doesn’t love chicken wings? 7-Eleven is putting their special twist on this all-time favourite with the TABASCO® Buffalo Chicken Wing ($14/2 pieces). What’s more, it’s totally exclusive to 7-Eleven in Hong Kong, not to be found anywhere else! TABASCO® Buffalo Style Hot Sauce, a tangy combination of chilli and garlic, covers each tender juicy wing. Both fiery and moreish at the same time!

These all new TABASCO® products are available at 7-Eleven from 25th  November. Don’t miss out!

 

#7ElevenHK #7ElevenMacau #7Eleven #OwnBrand #7SELECT #BrandNew #TABASCO® #HotShot #ChipotleMeatballHotWrap #ChipotleChickenHandRoll #BuffaloChickenWings


Heartfelt, Simple and Tasty

7-Eleven own brand products undergo a rigorous product development process at every stage, from selection of suppliers and ingredients, product sensory checks, quality control to even packaging design to ensure consistent quality. We hope these new own brand products showcased in this update bring enjoyment to our customers and enable you to experience tasty meal solutions anytime, anywhere. 7-Eleven own brand 7-SELECT products are good value, individually packaged, quick to prepare, convenient and tasty.

* All stated prices are valid from 25 November – 8 December 2020.  Prices might change without notification.  Product price shown at the store will be final.

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Shop for a Cause, Shop for H.O.P.E.

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KUALA LUMPUR, MALAYSIA – Media OutReach – 26 November 2020 – The Covid-19 outbreak has affected everyone, including animals, to varying degrees. According to non-profit organisation Homeless & Orphan Pets Exist (H.O.P.E), there has been a 30% increase in animal abandonment at the animal shelter during the Movement Control Order. This is possibly due to the growing financial burden that pet owners are facing. 

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Understandably, with the current economic climate, donations to the H.O.P.E animal shelter located in Pekan Nenas, Johor have reduced greatly. Daily, H.O.P.E feeds an average of 1.2 tonnes (1,200 kg) of pet food to over 3,000 dogs and 200 cats that it is currently sheltering. This works out to more than RM140,000 needed to ensure these furry friends are fed on a monthly basis; and this is on top of the RM20,000 incurred for medical expenses and miscellaneous.

 

With the goal of improving the lives of pets through nutrition, shelter and education, pet care product brands WHISKAS® and PEDIGREE® are collaborating with H.O.P.E. animal shelter to raise funds via the “Shop for H.O.P.E.” campaign on Shopee happening from now till 6 December 2020.

 

Through this campaign, Shopee users and pet lovers can make donations of RM10, RM20 or even RM50 to the animal shelter. Additionally, for every purchase made through the Whiskas and Pedigree Official Store on Shopee, 10% will be converted to products which will later be presented to H.O.P.E. 

 

Mars Petcare Southeast Asia Pet Nutrition D-Commerce Director Phua Fui Ching said, “Ever so often, we come across a news article or video on social media on animals being abandoned and it is heart-wrenching. At Mars Petcare, we believe that pets make the world a better place and therefore, collaborating with H.O.P.E as well as Shopee is one of the many initiatives to achieve our goal in creating a better world for pets where they are healthy, happy and welcomed. Through this partnership, we hope to raise at least RM10,000 worth of pet food to be donated to H.O.P.E to help ease their burden.”

 

In a bid to garner more proceeds for the animal shelter, WHISKAS® and PEDIGREE® will also be offering in-store vouchers of RM7 off with a minimum spend of RM70 and RM10 off with a minimum spend of RM100 to encourage pet lovers to purchase more from the store.

 

To find out more or show support for the Shop for H.O.P.E. campaign, visit https://shopee.com.my/m/hope.whiskaspedigree

About Mars Petcare:

Part of Mars, Incorporated, a family-owned business with more than a century of history making diverse products and offering services for people and the pets people love, the 85,000 Associates across 50+ countries in Mars Petcare are dedicated to one purpose: A BETTER WORLD FOR PETS. With 75 years of experience, our portfolio of almost 50 brands serves the health and nutrition needs of the world’s pets — including brands PEDIGREE®, WHISKAS®, ROYAL CANIN®, NUTRO™, GREENIES™, SHEBA®, CESAR®, IAMS™ and EUKANUBA™ as well as the WALTHAM Petcare Science Institute which has advanced research in the nutrition and health of pets for over 50 years. Mars Petcare is also a leading veterinary health provider through an international network of over 2,000 pet hospitals and diagnostic services including BANFIELD™, BLUEPEARL™, VCA™, Linnaeus, AniCura and Antech. We’re also active in innovation and technology for pets, with WISDOM PANEL™ genetic health screening and DNA testing for dogs, the WHISTLE™ GPS dog tracker, and LEAP VENTURE STUDIO accelerator and COMPANION FUND™ programs that drive innovation and disruption in the pet care industry. As a family business and guided by our principles, we are privileged with the flexibility to fight for what we believe in — and we choose to fight for: A BETTER WORLD FOR PETS.

About Mars, Incorporated:

Mars is a family-owned business with more than a century of history making diverse products and offering services for people and the pets people love. With over $35 billion in sales, the company is a global business that produces some of the world’s best-loved brands: M&M’s®, SNICKERS®, TWIX®, MILKY WAY®, DOVE®, PEDIGREE®, ROYAL CANIN®, WHISKAS®, EXTRA®, ORBIT®, 5™, SKITTLES®, UNCLE BEN’S®, and COCOAVIA®. Mars also provides veterinary health services that include BANFIELD® Pet Hospitals, Blue Pearl®, VCA® and Pet Partners™. Headquartered in McLean, VA, Mars operates in more than 80 countries. The Mars Five Principles — Quality, Responsibility, Mutuality, Efficiency and Freedom — inspire its more than 115,000 Associates to create value for all its partners and deliver growth they are proud of every day.

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