Fintech PR
Bruynzeel secures its largest contract to equip The National Archives of Sweden
PANNINGEN, The Netherlands and HÄRNÖSAND, Sweden, March 20, 2024 /PRNewswire/ — Bruynzeel Storage Systems has received the largest order in its history to provide mobile storage solutions for the National Archives of Sweden. The National Archives (‘Riksarkivet’) is building a new 34,000 m² accommodation in the Swedish city of Härnösand. The building will also house the national archive of the Swedish Tax Agency. The new building will not only give the National Archives more space, but it will also contribute to greater sustainability, with Bruynzeel’s solution. The target is to handover the building in 2025. The contract for Bruynzeel involves a maximum value of € 19 million.
Framework agreement
The National Archives, together with the Swedish Tax Administration, has carried out a tender regarding a framework agreement. Both organisations need new and larger accommodation due to the growth of their archives. The National Archives of Sweden originated in 1618 and keeps crucial records of the regional and national government, the legal system and the education system. In Härnösand, many federal collections will be added to its existing collection in the coming years. The Swedish Tax Administration – responsible for taxes, property valuation and population registration, among other things – is centralising all its archives at this new location.
Alexander Collot d’Escury, CEO of Bruynzeel Storage Systems, said: “We are extremely proud that the management of the National Archives of Sweden has chosen Bruynzeel for the storage of its important documents. Important in securing the contract was not only a high degree of reliability and optimized ergonomic design of the systems to be delivered, but also a long service life and the use of environmentally friendly storage solutions. As the Footprint Reduction company, being Climate Neutral since 3 years in our own operations, and supplying leading storage solutions with the lowest CO2 Footprint in the world, we are thrilled to have been awarded this contract. We help organizations minimize their CO2 emissions and footprint”.
Bruynzeel Storage Systems achieved last year – its then – largest deal of its existence (€18 million) with the storage of art at the new Royal British Columbia Museum in Canada. It is one of the most important history museums in Canada with a collection of more than 7 million artefacts.
Mobile storage systems
By opting for a mobile storage solution with a movable aisle, the National Archives building’ is used as efficiently as possible. This saves money, time and CO2 emissions. Space requirements can thus be reduced by up to 50%. As a significant part of the collection being stored is irreplaceable, the quality requirements in the tendering process were stringent to ensure the preservation of all documents. The estimated length of the archive adds up to about 225 kilometres and contains a total of about 20,000 drawers.
Bruynzeel is the European market leader in storage systems for archives, libraries and museums and is the world’s most sustainable manufacturer. In recent years, the Dutch company has installed archive systems for dozens of leading organisations such as the BBC, British National Archives, Credit Suisse, European Parliament, Finnish National Archives, Municipality of Amsterdam, KPMG, Rabobank and Vatican City and last year made major inroads in the North American market with the acquisition of Delta Designs Ltd.
About Bruynzeel Storage Systems
Bruynzeel Storage Systems was founded in 1953 as part of the Bruynzeel Group and became independent in the 1980s. The company operates in the museum, archive, library and office markets, with customers including the Louvre in Paris and Abu Dhabi, the Boijmans van Beuningen Depot, the UK government’s National Archives, The University of St Andrews and Schiphol Airport. The Netherlands-based company is also growing rapidly in mobile storage solutions for healthcare, retail, industry, offices, data centres and vertical farming.
Bruynzeel Storage Systems is the European market leader for innovative and space-saving mobile storage systems. Bruynzeel supplies mobile storage systems worldwide with the most innovative functionality and safety for users and objects. Bruynzeel helps these organisations use their space as efficiently and effectively as possible. Less space required means lower costs and has a huge positive impact on the carbon footprint. Bruynzeel itself is climate neutral in its own operations (Scope 1 and Scope 2¹). Its solutions have the lowest carbon footprint in the industry. As ‘The Footprint Reduction Company’, Bruynzeel’s mission is to support organisations in reducing their carbon footprint.
In early 2023, Delta Design Ltd became part of the Bruynzeel Storage Group. Delta Designs is a leader in North America for the storage of museum, university and research institution collections and is known for its high-quality custom-made museum cabinets. Delta has worked with leading institutions such as the Guggenheim Museum, Metropolitan Museum of Art, MIT Museum, Museum of Fine Arts, the Smithsonian, the Art Institute of Chicago, Yale, Harvard and many other notable Ivy League Universities.
In addition to its own 11 offices in Europe and the United States, Bruynzeel operates through an extensive network of long-term partners & distributors in Africa, the Middle East, Latin America, North America, Australia and Asia. All systems are produced at its factories in the Netherlands and America and with its best-in-class manufacturing process, Bruynzeel is able to deliver mobile storage systems of high quality and design with very short production and delivery times.
Website: www.bruynzeel-storage.com
Annexe: illustrations LINK
Footnote¹ : https://ghgprotocol.org/sites/default/files/standards/ghg-protocol-revised.pdf
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Fintech PR
6D Technologies Recognized as ‘Best of IT Service Excellent Gold Partner of the Year’ at Smartfren Awards 2024
BENGALURU, India, Nov. 27, 2024 /PRNewswire/ — 6D Technologies is honored to announce its receiving of the ‘Best of IT Service Excellent Gold Partner of the Year’ at the prestigious Smartfren Awards 2024. This recognition highlights 6D Technologies’ relentless commitment to delivering innovative and impactful IT solutions that drive success for Smartfren and its customers.
6D Technologies’ partnership with Smartfren spans multiple years of collaboration, innovation, and shared growth. By consistently delivering customized solutions and exceptional service, 6D Technologies and Smartfren have become trusted partners in their journey of digital transformation.
“We are incredibly proud to be recognized as the ‘Best of IT Service Excellent Gold Partner of the Year’. This award reflects our commitment to fostering strong partnerships and providing groundbreaking solutions that empower our clients to lead in a digital-first world. Thank you, Smartfren, for this esteemed recognition. Together, we continue to set benchmarks for innovation and excellence!” said Abhilash Sadanandan, Co-Founder and CEO of 6D Technologies.
About Smartfren Awards
The Smartfren Awards celebrate outstanding achievements and partnerships that propel the company’s mission of innovation and excellence. This annual event acknowledges the critical contributions of partners who share a vision for driving progress and enriching customer experiences.
About 6D Technologies
6D Technologies is a global leader in digital transformation solutions, offering cutting-edge technologies in areas like digital BSS, AI, IoT, Digital Financial Solutions, and more. With a customer-first approach and a proven track record, 6D Technologies empowers enterprises to navigate the complexities of today’s digital landscape and achieve sustainable growth.
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Fintech PR
Joe Depa named as EY Global Chief Innovation Officer to lead its global innovation strategy
- Depa will lead on the discovery and deployment of emerging technologies to help address business challenges and shape the future with confidence
- Brings deep experience in identifying new ways that can practically help business transformation through an innovation mindset and culture shift
LONDON, Nov. 26, 2024 /PRNewswire/ — The EY organization announces today the appointment of Joe Depa as the new EY Global Chief Innovation Officer, effective immediately. Within this role, he will spearhead applied innovation to help improve service delivery and guide EY teams to address and solve business challenges.
Depa joins the EY organization at a pivotal moment, as a range of emerging technologies are reshaping businesses and industries, creating a multitude of new challenges and opportunities. To keep pace, the EY organization is continuing to make significant investments in areas such as artificial intelligence (AI), quantum computing and blockchain, and most recently formed the EY.ai Global AI Advisory Council.
In his new role, Depa will be leading the organization’s global innovation strategy. This will include overseeing efforts to successfully implement emerging technologies for tangible business applications, both internally and across work of EY member firms with clients.
Raj Sharma, EY Global Managing Partner of Growth and Innovation, says:
“At this time of constant disruption, success would require a forward-thinking approach and willingness to make bold decisions, which are at the heart of an innovative mindset. We’re thrilled to have Joe’s deep experience and knowledge around AI and data to lead on our strategic approach to innovation so that EY teams can help clients shape their future more confidently.”
Throughout the last decade, Depa has worked closely with C-suite leaders and boards to bring innovative products and services to market, improve client and employee experiences, and help enhance operational efficiencies through technology. Most recently, he served as the inaugural Chief Data and AI Officer at a leading university and health care organization. At the university, he helped to promote AI literacy, launch a responsible AI governance program and enable a secure data foundation. Prior to that, he acted as Senior Managing Director and Global Lead for Data and AI at a global multinational professional services company, where he led a team of AI strategists and data engineers in developing and implementing new products and services.
Joe Depa, EY Global Chief Innovation Officer, says:
“I’m truly excited to join an organization that is ‘All in’ on its commitment to the transformative potential of emerging technologies. I look forward to working with the EY teams and clients to help empower them to apply innovation in bold, new ways that help create value for clients through data, AI and emerging technologies to make the world a better place.”
A renowned thought leader in the field of AI, Depa has been recognized as one of the “Top 50 Global Leaders” by World Summit AI and has received Fast Company’s “World Changing Idea” award, among other accolades.
For more information, visit: ey.com.
About EY
EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.
Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.
EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.
All in to shape the future with confidence.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.
This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients.
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The financial technology sector continues to evolve at a rapid pace, offering innovations that disrupt traditional paradigms. Today’s briefing underscores fintech’s diverse growth avenues: from substantial venture capital plays and strategic partnerships to groundbreaking implementations in lending. Here’s a closer look at recent developments shaping the landscape.
Synapse’s Comeback and Andreessen Horowitz’s Strategic Bet
Source: Axios
Synapse, a financial infrastructure company previously embattled by controversy, is staging a remarkable comeback, backed by none other than venture capital heavyweight Andreessen Horowitz (a16z). With this new infusion of funds, Synapse aims to consolidate its position as a premier platform for building financial services tools.
This resurgence demonstrates the resilience of the fintech ecosystem, where innovation often prevails over turbulence. Synapse’s renewed vigor also signals that top-tier investors remain bullish on infrastructural solutions pivotal to the future of digital finance. Andreessen Horowitz’s participation not only validates Synapse’s model but also underscores the VC giant’s enduring interest in fintech infrastructure, even amid global economic uncertainties.
Analysis:
This partnership exemplifies the dynamism within fintech, highlighting the interplay of innovation, capital, and resilience. It also raises questions about the broader implications of giving second chances to firms with turbulent histories. While Synapse’s evolution could inspire others, it also places a spotlight on governance and accountability in high-growth sectors.
Israel’s Fintech Scene Gets a Boost with Investment in Finova Capital
Source: Calcalistech
Israeli fintech startup Finova Capital has raised an impressive $20 million in a funding round led by prominent institutional investors. This marks a significant milestone for the company as it seeks to expand its suite of financial solutions aimed at underserved markets.
Israel’s fintech ecosystem has long been recognized as a hub of innovation, and this latest investment only reinforces its global standing. Finova Capital’s focus on empowering smaller businesses and fostering financial inclusivity aligns with emerging trends where tech-driven solutions bridge critical gaps in financial services.
Analysis:
With this funding, Finova is poised to enhance its technological offerings while contributing to economic inclusion. However, the broader fintech industry will watch closely to see how the company leverages this capital amid increasing competition from regional and global players.
India’s Yubi Plans a Fundraising Push
Source: Bloomberg
Yubi, a prominent Indian fintech platform backed by Insight Partners, is reportedly preparing for a new fundraising round. Having already established itself as a leader in credit infrastructure, Yubi aims to bolster its offerings and expand its market footprint.
India’s fintech landscape is witnessing explosive growth, with platforms like Yubi playing a critical role in the credit ecosystem. Yubi’s planned fundraising reflects the broader appetite for scaling solutions that streamline credit access, particularly in emerging markets where traditional lending models often fall short.
Analysis:
This development highlights two key trends: the increasing reliance on credit platforms in high-growth economies and the strategic role of international investors like Insight Partners in driving fintech innovation. Yubi’s expansion plans could set a precedent for other regional fintech players seeking to scale amid global economic headwinds.
Provenir and Hastings Financial Services Win Global Recognition
Source: Business Wire
In a testament to the transformative power of digital lending solutions, Provenir and Hastings Financial Services have been jointly recognized for the Best Digital Lending Implementation at the IBSi Global Fintech Innovation Awards. This accolade underscores the success of their collaboration in modernizing the lending process through cutting-edge technology.
Provenir’s advanced decision-making platform and Hastings Financial Services’ lending expertise have delivered a solution that significantly enhances user experience, operational efficiency, and risk management. Such innovations highlight the increasing role of partnerships in advancing fintech’s digital transformation.
Analysis:
This recognition not only validates the efficacy of digital lending but also emphasizes the importance of partnerships in driving innovation. It signals to the industry that collaboration can be a powerful tool for staying ahead in a rapidly evolving marketplace.
Microf and Quantum Financial Technologies Forge New Alliances
Source: PR Newswire
Microf, a financial solutions provider, has announced a strategic partnership with Quantum Financial Technologies. This collaboration aims to expand lending solutions for contractors, providing streamlined access to capital for businesses in need of flexible financing options.
This partnership is a timely response to the growing demand for specialized financial products in niche markets. By leveraging Quantum’s technology, Microf can now offer more tailored solutions, particularly to contractors navigating complex financial requirements.
Analysis:
This development reflects a growing trend: the diversification of fintech offerings to serve specific market segments. As competition in mainstream fintech intensifies, targeting underserved niches could become a defining strategy for success.
Key Takeaways for the Fintech Ecosystem
- Resilience in Fintech Funding: Despite economic uncertainties, venture capital continues to fuel innovative fintech players like Synapse and Finova Capital.
- Regional Growth Stories: From Israel to India, fintech ecosystems are thriving, attracting global attention and investment.
- Collaboration as a Catalyst: The success of partnerships like Provenir-Hastings and Microf-Quantum underscores the importance of strategic alliances.
- The Power of Recognition: Awards like the IBSi Fintech Innovation Awards validate industry achievements, inspiring others to push the envelope.
- Focus on Inclusion: Whether through credit platforms or lending solutions, fintech is playing a pivotal role in fostering financial inclusivity worldwide.
Looking Ahead: Challenges and Opportunities
The fintech sector’s journey is far from linear. Regulatory complexities, technological disruptions, and market volatility remain persistent challenges. However, as seen in today’s developments, the opportunities far outweigh the risks. By prioritizing innovation, collaboration, and inclusivity, fintech players can navigate the complexities of the global financial landscape.
This moment in fintech history is pivotal. It’s a time for bold decisions, strategic partnerships, and a commitment to bridging financial divides. As industry players rise to the occasion, the road ahead promises a future where technology and finance intertwine to empower individuals and businesses alike.
The post Fintech Pulse: A Daily Dive into Industry Innovations and Developments appeared first on News, Events, Advertising Options.
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