Fintech PR
Eventus Systems names Jeff Gale Sales Director, EMEA in London
Eventus Systems, Inc., a multi-award winning global trade surveillance and risk management software platform provider, today announced the appointment in London of Jeff Gale as Sales Director, EMEA, representing the newest addition to the team charged with growing and supporting the firm’s presence in the Europe, Middle East and Africa region. Gale has more than three decades of experience in finance and technology across multiple asset classes, in business development, strategic finance and other key roles. Most recently, he served as Co-Founder at Seismic Foundry, a capital markets fintech fund and consultancy focused on promising early-stage firms.
Reporting to Scott Schroeder, Global Head of Sales, Gale will build and maintain new relationships with firms throughout the region with the goal of further accelerating adoption of the Validus platform that has won multiple awards in the past month alone.
Following the February completion of a $10.5 million Series A funding round, Eventus established a presence in Europe and began a series of hires across the U.S., Europe and Asia with a plan to double its staff by year end. That goal was already achieved by June, and there are now expectations of adding another 10 professionals this year.
Schroeder said: “Since the earliest days of his impressive career, Jeff has established strong and lasting relationships throughout the financial markets ecosystem, including with banks, as well as brokerage, clearing and proprietary trading firms that can leverage Validus to its full potential. He’s demonstrated a deep understanding of, and enthusiasm for, our technology and our high-touch client service approach. We’re thrilled to bring his talents and experience in this critical period of accelerated growth.”
Gale said: “After evaluating hundreds of fintech firms in my role at Seismic, I view Eventus as one of the most exciting I’ve seen in the last several years. I’ve been incredibly impressed with the expertise and passion of the team and the firm’s fantastic, market-leading solution for financial institutions in need of cutting-edge technology to meet the demands of an ever-changing regulatory landscape. I firmly believe a quality product like Validus that utilizes machine learning of huge amounts of data – particularly as it pertains to the compliance, regulatory and trade surveillance space – is one of the most powerful and useful applications of technology in the markets today.”
Gale co-founded Seismic Foundry in London in 2017 and simultaneously served for nearly two years as Business Development Manager for Clear Compress, an interest rate swap portfolio compression service, where he forged relationships with a wide range of institutions, including many Tier-1 banks. From 2015 to 2016, Gale was a business development consultant to CurveGlobal, an interest rate derivatives exchange delivered via the London Stock Exchange, where he helped design and implement the platform underlying the new marketplace.
Previously, Gale spent 18 years at ICAP PLC (now TP ICAP), the largest global interdealer broker. He joined ICAP in 1997 as a Senior Broker on the interest rate swap desk. In 2007, he became Executive Director on the Board of joint venture ICAP/JLT Ltd. and in 2009 Senior Broker in ICAP’s emerging markets interest rate options. In 2012 he was promoted to Global Head of Sales and Bank Relations at ICAP’s MyTreasury, a leading trading platform for corporate treasurers. In 2014, Gale was tasked as Commercial Lead for the creation of an ICAP joint venture company charged with developing a new platform that delivered electronic trading access to liquidity across a diverse range of asset classes and currencies.
Earlier in his career, Gale was a senior broker for two other financial institutions where he set up new interest rate trading desks.
SOURCE Eventus Systems
BANGKOK, March 13, 2025 /PRNewswire/ — Thailand’s Commission on the National Competitiveness Enhancement for Targeted Industries, at a meeting today, approved an investment by a unit of China’s Sunwoda Electronic worth more than a billion dollars in the production of electric vehicle (EV) and energy storage system (ESS) batteries at the cell level, in a move that will strengthen the country’s supply chain and support EV manufacturing for both the domestic and export markets.
The Commission is chaired by the Deputy Prime Minister and Minister of Finance, Mr. Pichai Chunhavajira, who is also the Chairman of the Thailand Board of Investment (BOI). The Commission, whose secretariat is under the responsibility of the BOI, was established by law in 2017 to support new industries that add value to the economy and enhance the country’s competitiveness in a sustainable manner.
Sunwoda Automotive Energy Technology (Thailand) Co., Ltd. plans to build its manufacturing facilities in Thailand’s Eastern Economic Corridor area. The first factory, located in Chonburi Province, will be producing lithium-ion battery cells for EV manufacturers.
“Today marks a milestone in the development of Thailand’s EV supply chain, as having EV battery cells produced locally will significantly reinforce our status as a manufacturing hub for EVs and hybrids, and increase the country’s competitiveness,” Mr. Narit Therdsteerasukdi, Secretary General of the BOI, said after the meeting. “This project will also help widen the use of ESS and solar energy in our country, and, through the hiring of thousands of Thai engineers and workers, contribute to knowledge transfer in an industry which is of critical importance for the future.”
The construction of Sunwoda’s first Thai factory is progressing smoothly. The facility is expected to hire over 1,000 staff once production begins. The entire project, which will include manufacturing as well as research and product development, will employ a significantly greater staff, including a large number of Thai engineers and researchers.
Sunwoda Automotive Energy Technology (Thailand) is a subsidiary of Sunwoda Electronic Co.,Ltd, a company headquartered in Shenzhen, Guangdong Province, China, which is engaged in the production of batteries for a wide range of electronic devices, mobility, and storage equipment. In China, in 2023, Sunwoda’s SEVB brand ranked first in sales of batteries for hybrid electric vehicles (HEV) and third in sales of batteries for high-end EV. Sunwoda’s battery cell manufacturing facilities in Thailand will be its first EV-related battery cell factory in the ASEAN region.
Thailand has long been a hub in the conventional internal combustion engine (ICE) auto industry, ranking 10th in the world and number one in Southeast Asia as a manufacturer in 2023. Since it started promoting investment in the sector’s electrification, with government policies offering subsidies, tax breaks and other incentives to manufacturers and consumers, the country has attracted significant investments in the production of EV and hybrids.
Several major Chinese manufacturers of battery electric vehicles (BEV) have already started making cars in Thailand, including BYD, SAIC Motor (MG), Great Wall Motor, Hozon New Energy Automobile (Neta) and GAC Aion. Chongqing Changan Automobile is scheduled to open its Thai factory in the coming weeks, while Chery Automobile is currently building its local manufacturing facility. The Thai EV ecosystem also includes a fast-growing network of charging stations, the local manufacturing of chargers and significant car parts, and the assembly of battery packs and modules from imported cells.
In 2024, total applications for investment promotion in Thailand soared 35% in value to 1.14 trillion baht, its highest level since 2014, led by large foreign direct investment (FDI) projects in data centers, cloud services, as well as semiconductor and advanced electronics manufacturing. The automotive and parts sector ranked third in terms of the value of applications with 309 projects, worth a combined value of 102.4 billion baht.
For more information, please contact:
Thailand Board of Investment
Tel. +66 (0) 2553 8111
Website: www.boi.go.th
YouTube: Think Asia, Invest Thailand
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STOCKHOLM, March 13, 2025 /PRNewswire/ — EQT AB (publ) has today published its Annual and Sustainability Report (‘the Report’) for 2024. The Report is available at www.eqtgroup.com/shareholders. The report explores EQT’s journey over the three decades since its founding, focused on the past five years as a listed company, and highlights EQT’s long-term growth strategy.
Since its IPO in 2019, EQT has expanded from six investment strategies to eighteen, now having a scaled global platform. In 2024, EQT successfully navigated a dynamic private markets landscape, closing major fundraises – including EQT X, the largest private equity fundraise globally in 20241 – and delivering one of its most active investment years to date. As Per Franzén prepares to step into the role of CEO, EQT is well-positioned to continue future-proofing its portfolio, drive long-term value creation, and ultimately deliver for its clients.
Conni Jonsson, Founder and Chairperson, said: “Since EQT went public in 2019, we have built a truly global platform, with local teams in markets representing more than 80 percent of the world’s GDP. Having a strong presence in all relevant markets gives us insights into innovations in almost every corner of the globe. It also allows us to have local insights on geopolitical developments, and we can seize opportunities that arise with long-term demographic trends.”
Christian Sinding, outgoing CEO and Managing Partner, added: “The world does not stand still and nor do we. At EQT, we believe that by executing on our core strategic priorities, we will be able to deliver superior and sustainable returns for our clients. We are confident that with the support of our world-class team, an unwavering focus on future-proofing and performance, and the trust of our clients, EQT is positioned for continued success.”
EQT AB’s Annual Shareholders’ Meeting is scheduled to take place on 27 May 2025 at 15.00 CEST and notice to the meeting will be given in due course.
This is information that EQT AB (publ) is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out below, at 08:00 CET on 13 March 2025.
1) According to PEI
Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Press Office, press@eqtpartners.com, +46 8 506 55 334
This information was brought to you by Cision http://news.cision.com.
https://news.cision.com/eqt/r/eqt-ab-publishes-annual—sustainability-report-for-2024,c4118218
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EQT AB Annual and Sustainability Report 2024 |
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EQT ASR |
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MARRAKESH, Morocco, March 13, 2025 /PRNewswire/ — Xlence, a leading international CFD broker, introduces Islamic/Swap-Free Accounts for traders who follow Islamic finance principles. This new account option ensures a trading experience that is in line with Sharia law, so clients can trade without dealing with transactions based on interest.
For the purpose of maintaining a trading environment that is fair and in accordance with the moral and ethical framework of the Islamic religion, Swap-Free Accounts are offered.
About Xlence Swap-Free Accounts:
- Trading that is 100% Sharia-compliant: Traders can trade with confidence knowing that their transactions are in accordance with Islamic financial principles.
- Competitive Spreads: The EUR/USD pair on the Xlence Essential account has low spreads (1.1/1.4 pips), and the Xlence Ultimate account spreads of 0.4/0.7 pips.
- Swap-Free Access to All Available Instruments: Trade in forex, commodities, stocks, and other markets without paying overnight interest.
- Transparent and equitable terms: Traders are provided with a seamless initiation period, as there are no concealed fees and a grace period during which no holding fees will be incurred.
- Dedicated Arabic Customer Support: Sellers in the MENA region can receive assistance with account setup, platform navigation, and trading strategies from individuals who are proficient in the Arabic language.
It is possible to engage in trading that is both open and ethical, without the use of swaps, and in a manner that is congruent with your principles. If you sign up for Xlence right now, you will have access to a trading environment that ensures compliance with Sharia law and is designed to assist you -.
About Xlence
Xlence is an international CFD exchange that aims to provide a complete trading experience by being open, coming up with new ideas, and giving traders access to markets worldwide. It has a significant presence in Asia, the Middle Eastand it tries to meet the different needs of modern traders while maintaining the best standards of ethics. Join the Xlence group right now.
For more information, visit www.xlence.com and open your Swap-Free Account today.
Trade with Xlence, Excel in Trading
Media Contact Details:
Name: Nicolas Georgiou
Email: info@xlence.com
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View original content:https://www.prnewswire.co.uk/news-releases/xlence-launches-islamicswap-free-account-for-trading-that-follows-sharia-law-302400126.html
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