Showing posts with label global. Show all posts
Showing posts with label global. Show all posts

Monday, March 11, 2013

CITIC Securities Selects Advent to Support Growth Strategy


Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that CITIC Securities Co., Ltd. a leading full-service investment bank based in Beijing, China, and a subsidiary of CITIC Group, is now live on Advent's Geneva and Geneva Advantage solutions.
As a global multi-strategy fund, CITIC trades in a number of financial markets, which required them to find a solution with enhanced global capabilities as well as broad functionality.CITIC selected Geneva and Geneva Advantage to meet these needs.Geneva is a global portfolio management and accounting solution delivering comprehensive instrument coverage, full financial general ledger, a unified data model enabling flexible reporting capabilities and industry-standard integration tools allowing firms to manage complex investment vehicles, multiple investment strategies, and tiered fund structures.Geneva Advantage is a reconciliation system seamlessly integrated with Geneva that automates firms' reconciliation processes and provides top-down visibility into severity and status of breaks to maximize operational efficiency.
According to Stephen Xu, Technical Director at CITIC Securities International, "Our decision to choose Advent's Geneva solution was based on Advent's proven expertise in the global alternatives market, their track record of success in implementing premier solutions, and the local service provided by Advent's Beijing-based, development, implementation and support team."
"We're excited to work with CITIC and look forward to growing our relationship in the years to come," said Pete Hess, President and Chief Executive Officer, Advent Software."CITIC's decision to work with Advent is a testament to our ability to deliver great local services and support in Asia.Our local expertise paired with our award winning solutions and knowledge of the global alternative investments market is the key to helping our clients in the Asia Pacific region eliminate the boundaries between systems and information."
About Advent
Advent Software, Inc., a global firm, has provided trusted solutions to the world's financial professionals since 1983.Advent's proven solutions can increase operational efficiency, reduce risk, and eliminate the boundaries between systems, information and people so you can focus on what you do best. With more than 4,500 client firms in over 60 countries, Advent has established itself as a leading provider of mission-critical solutions to meet the demands of investment management operations around the world.Advent is the only financial services software company to be awarded the Service Capability and Performance certification for being a world-class support and services organization.For more information on Advent products visit http://www.advent.com/about/resources/demos/pr.
Advent, the Advent logo, Advent Software and Geneva are registered trademarks of Advent Software, Inc. All other company names or marks mentioned herein are those of their respective owners.
About Geneva
Geneva, a global portfolio management and accounting platform, is a proven solution for asset managers, hedge funds, fund administrators, prime brokers, and mutual funds that require a high level of operational efficiency and easy access to real time data. Geneva offers comprehensive instrument coverage, full financial general ledger, and industry-standard integration tools to enable firms to manage complex investment vehicles, multiple investment strategies, and tiered fund structures. For more information on Geneva visit https://secure.advent.com/info/geneva_livedemo.

Source:
CITIC Securities Selects Advent to Support Growth Strategy



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Monday, February 25, 2013

Can we put a price on nature?

Launch of earth debates - flagship event series in preparation of Rio+20

The vital role of our environment within our economy has been hidden until recently. Pollinating crops, balancing our water distribution and even providing genetic resources for our medicine are just a few examples of the life-support that natural resources provide. Yet with no market value, they are consumed freely.

Tools for calculating some of these natural services are now being developed in Ecosystem Economics and are already influencing global environmental policy. The Economics of Ecosystems and Biodiversity (TEEB) study, launched in 2007 by the Federal Environment Ministry and commissioner for the Environment in the European Commission, transformed the way nature is valued, and the costs of its loss. For example, the report estimates the loss of bees and other insects pollinating our crops, to be 153 billion Euros every year, representing 9.5% of world agricultural output in 2005. This brings to light some key questions: What are the strengths of this emerging understanding and what are the risks? To what extent will the new economics of ecosystem services change our attitudes towards sustainable development?

Tackling these issues, in a Question Time format, were panellists Professor Sir Robert Watson (Chief Scientific Advisor to Defra), Will Evison (Environmental Economist, PricewaterhouseCoopers), Ian Dickie (Director, Aldersgate Group) and Claire Brown (Senior Programme Officer Ecosystem Services and Assessment, UNEP-World Conservation Monitoring Centre). The panellists provided a rich range of insights from the scientific, policy, business and civil society perspectives. Held at the Natural History Museum and chaired by The Guardians Former Science Editor, Tim Radford, the debate was available via a live web-cast on the Natural History Museum website.

The Natural History Museum, Stakeholder Forum and The British Council launched the Earth Debates series to drive momentum and contribute to discussions surrounding the United Nations Conference on Sustainable Development (UNCSD), also known as Rio+20, happening in Brazil 20-22 June 2012. The direct descendent of the 1992 Rio Earth Summit, Rio+20 is being held at the highest political level and will bring together Heads of State and Government decision makers to generate a new global vision for sustainable development.

This flagship series of debates will bring together high level representatives from key sectors including Government, non-government, civil society and business and tackle key issues at the heart of Rio+20 the global transition to a fair and green economy agenda.

The great challenge in creating a sustainable future is understanding and living within the natural limits of our planet. Holding this debate in the heart of the Natural History Museum recognises the crucial role for science evidence of global change in realising the goals of Rio+20 said Dr Michael Dixon, Director, The Natural History Museum, London.

The benefits that we get from nature such as flood control, pollination services and clean air have often been taken for granted because we get them for free. Through TEEB and the UK National Ecosystem Assessment we now have a much greater appreciation of the true value of nature, which is now being embedded into the big decisions facing Government. There is a clear need to better manage our ecosystems, and Government, the private sector and the public will need to work together to ensure we protect what nature provides. said Professor Sir Bob Watson, Chief Scientist at Defra.

The next Earth Debates will focus on:

22 February 2012 Beyond GDP how to measure progress?
14 March 2012 Green cities in a green economy - how to pioneer a sustainable transition?
11 April 2012 Food security how to feed the population in 2050?

For more information visit: http://www.nhm.ac.uk/nature-online/biodiversity/earth-debates/

Notes for editors
In addition to being a top tourist attraction the Natural History Museum is a world-leading science research centre. Through its collections and scientific expertise, the Museum is helping to conserve the extraordinary richness and diversity of the natural world, with groundbreaking projects in more than 70 countries.

News source: WebWire

Source:
Can we put a price on nature?



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Wednesday, February 20, 2013

Pre-Market Update on JOY, MTW and AGCO

Markets in the U.S. re-opened after a long weekend. On Friday, stocks had finished on a mixed note as investors remained cautious ahead of the G20 summit, which was held in Moscow over the weekend. At the close, our research team took notice of Joy Global Inc. (NYSE: JOY), Manitowoc Co. Inc. (NYSE: MTW) and AGCO Corp. (NYSE: AGCO). Wall Street Active research team has completed free research on JOY, MTW and AGCO. As a leading provider of free in depth reports and timely market updates, we invite you to sign up now at
http://www.wallstreetactive.com/register.php
Joy Global Shares Down Sharply This Year
Joy Global has been one of the worst performing stocks this year. Year-to-date, shares of the Wisconsin-based company have fallen nearly 30%. On Tuesday, the stock edged higher after the company declared a quarterly cash dividend of $0.175 per share. Joy Global's shares ended the day 1.08% higher at $63.54 on above average volume of 3.22 million. Over the last one week, Joy Global's shares have made a recovery after bottoming out at around $61.50. The stock is now trading close to its $64 resistance level. Recent volume activity suggests that the market sentiment has turned bullish on the stock. Sign up today and get useful insight about JOY for free at
http://www.wallstreetactive.com/register.php
Manitowoc Co. Shares Edge Higher
Manitowoc's shares rose sharply in Tuesday's trading session, tracking gains in the broad equity market. The stock ended the day 1.38% higher at $19.77 on volume of 2.32 million. The company's shares rose to an intra-day high of $19.77, which is close to the stock's 52-week high of $19.90. Year-to-date, the stock has gained 26.08%, easily outperforming the S&P 500, which is up 7.33% in the same period. Manitowoc's shares, in fact, have had an excellent run since November last year. The stock has seen a series of highs over the last three months, which is a strong bullish signal. The bullish trend is further confirmed by the MACD chart. Free report on MTW can be accessed by registering at
http://www.wallstreetactive.com/register.php
AGCO's Shares Also Gain
Shares of AGCO Corporation also edged higher in Tuesday's trading session. The stock closed 0.34% higher at $53.86 on volume of 736,225. AGCO Corporation shares have been trading sideways over the past few trading sessions. The stock has been struggling to break through $55 resistance level. It currently has support at around $53. Register with Wall Street Active and download the research on AGCO for free at
http://www.wallstreetactive.com/register.php
Disclaimer: WSA Financial is not a registered investment advisor, and nothing in this release is intended as a solicitation to buy or sell any security. Our pro-traders only aim is to educate investors based on their experience, and to share their knowhow.

Contact Person:
Ravi S. Kapur
Telecommunication, Information & Data Manager
info@wallstreetactive.com

Source:
Pre-Market Update on JOY, MTW and AGCO



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Tuesday, February 19, 2013

Global Food Exchange and IFS Fund Announces Its Founders Will Be Presenting at the Accredited Members Spring Micro Cap Investor Conference in Las Vegas

Global Food Exchange Founder, Richard Lackey, and IFS Fund Founder, John Schiffner, will be presenting at the Accredited Members Spring Small Cap/Micro Cap Conference, being held at the JW Marriott Resort and Spa on February 27th, 28th, and March 1st.Mr. Lackey and Mr. Schiffner will be presenting at 9:54am, 2/28, in the Grand Ballroom.
Accredited Members extends one complimentary admission for first time investor attendees and invites you to register at www.InvestAMI.com.The conference is open to accredited investors, fund/wealth managers, angel groups, and investment firms.
Accredited Members would like to thank the sponsors, Burns, Figa &Will, P.C. and Centennial State Financial for their participation.
About the Global Food Exchange: Through the creation of the Global Food Exchange(GFE), the world's most in demand commodities: food and water, have become the world's newest asset class.Through the uniquely benevolent structure of the GFE, investors can earn respectable profits while helping to save lives around the world.
About the IFS Fund: As an Introducing Member to the GFE, the International Food Security Fund (IFS Fund) directs the investments of its clients with a vision for resolving a global inefficiency that costs millions of lives through the provision of nutritious food and clean water to agencies in a highly efficient manner.
Safe Harbor Notice: The presentation at this event may contain forward-looking statements. These statements may relate to future events or the future financial performance of the IFS Fund.Any statements that are not statements of historical fact (including without limitation statements to the effect that the Company or its management "believes", "expects", "anticipates", "plans" (and similar expressions) should be considered forward looking statements. There are a number of important factors that could cause IFS Fund's actual results to differ materially from those indicated by the forward-looking statements. IFS Fund disclaims any obligation to update any forward-looking statement.

Contact:
Mr. John Schiffner
Managing Director
IFS Fund, LLC
1.800.380.6377
john@IFSfund.com

Source:
Global Food Exchange and IFS Fund Announces Its Founders Will Be Presenting at the Accredited Members Spring Micro Cap Investor Conference in Las Vegas



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Friday, February 15, 2013

Australian Global Citizenship Programs for School Students Take Tasmanian Students to Timor Leste

Tasmania, Australia February, 2013 Tasmanias Scotch Oakburn College sent the second group of their staff and students off to visit their Timor Leste global citizenship partner school, Maliana One High School, as part of a global citizenship program for school students. Principal Andrew Barr also joined the trip, facilitated by not-for-profit social education organisation Destination Dreaming, which runs global service learning programs for Australian school students in partnership with schools in rural Australia and in nearby countries. www.destinationdreaming.org.au/

The students first morning in Maliana began with dancing at 5:00am with new local friends, before the group headed out to watch the Tour De Timor bike race through the town. Each day was filled with lots of English language tutoring- working in small groups at the Encouragement House and at Maliana One a key way to bring the global citizenship program to life on each trip. The Scotch Oakburn teachers also ran a session for pre-service teachers at the local university to foster a higher level of shared learning as part of the global citizenship program.

One evening, the group shared dinner with a local family just outside Maliana, who are campaigning to get a library built in a nearby village. This is a worthy project that Destination Dreaming is currently negotiating funding and support for.

After Scotch Oakburn Colleges first visit in 2011, the Colleges community raised an amazing $3,000 for their partner Timor Leste school. This years group had the privilege of donating the funds on behalf of the community, which will enable Maliana One to install fresh drinking water for their 1300 students and 55 staff. www.destinationdreaming.org.au/

Funds from the groups visit and Destination Dreaming were also used to buy materials and pay local builders to construct another student shelter for the new dormitory Kookaburra. The shelters have proved to be a real hit and it was great to see the students (from both Scotch Oakburn and the Encouragement House) assisting the builders to prepare the site and foundation.

At the conclusion of the 10 days, a participant of the global service learning program for school students 18-year-old Kathleen said I have learnt that giving is a truly fantastic experience and that making a change in one persons life, changes the world for them. I had the best week of my life giving and as a result will endeavor to share and continue to give for the rest of my life. www.destinationdreaming.org.au/

Scotch Oakburn teacher Tania Deguara said, once again the experience was incredible. Cultural awareness, global understanding, problem solving and collaboration are essential skills to have to meet the challenges of the 21st Century. A Destination Dreaming program provides an excellent opportunity for young people to learn about and experience the challenges, hopes and possibilities of another culture and in turn learn about the ways they as young people in Australia can shape the world they want to live in.

Destination Dreaming works with schools in Australia and internationally to create sustainable community partnerships and teach students from both areas about global citizenship, self-awareness and social justice. These global citizenship programs for school students are aimed at helping the young people to thrive in an increasingly global world where understanding cultural differences is becoming more and more important. To find out more visit www.destinationdreaming.org.au/.

News source: WebWire

Source:
Australian Global Citizenship Programs for School Students Take Tasmanian Students to Timor Leste



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