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EY announces alliance with Reveal to offer clients AI-powered solutions to advance data discovery and compliance needs

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  • Helps clients access and analyze litigation and regulatory data to manage risks
  • Supports clients in reaching their data objectives faster through EY domain-rich knowledge embedded in a model library
  • Expands existing EY data solutions to address a cross-functional, legal and compliance agenda

LONDON, Jan. 30, 2024 /PRNewswire/ — The EY organization today announces a global alliance with Reveal Data Corporation, a global provider of leading artificial intelligence (AI)-powered eDiscovery – a review and investigations platform that helps clients better manage their data discovery needs using automation and deep analytics.

While complex legal and regulatory requirements increase, many organizations struggle to analyze litigation and regulatory data. The EY–Reveal Alliance intends to provide faster, more accurate and cost-effective eDiscovery and investigations service offerings through Reveal’s end-to-end eDiscovery and Document Analytics platform. 

Todd Marlin, EY LLP, EY–Reveal Alliance Leader, says:

“Legal tech has arrived at a time when eDiscovery is being disrupted to drive more valuable business insights. This new wave of legal tech streamlines the human-centric process to seamlessly integrate a machine-driven approach, from data collection to focused review. Not only is there substantial opportunity to automate eDiscovery routines, but we’ll soon expect that there will be a baseline requirement across the industry. The alliance with Reveal provides EY teams with access to a broad suite of eDiscovery solutions. With Reveal’s innovative technology and the EY organization’s advanced discovery services, the EY–Reveal Alliance is well-positioned to help clients efficiently manage the ever-changing Data Discovery landscape.”

As part of the Forensics & Integrity Services, the EY organization offers leading-class consulting and technology solutions related to eDiscovery and data analytics across the globe. Collaborating with Reveal equips the EY organization with the capabilities to expand its existing Advanced Data Discovery solution to address data discovery needs – from both structured and unstructured data sources – for a wider range of use cases, such as automated due diligence and cyber incident response.

Meribeth Banaschik, Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft, EY EMEIA Innovation Leader; Partner, Forensic & Integrity Services, says:

“The EY organization is harnessing the power of AI to help solve clients’ most complex problems on a global scale. Reveal technology helps draw deep insights from huge amounts of data at speed in areas such as regulatory response, investigations, compliance and beyond. Through this Alliance, clients can benefit from EY–Reveal pre-built models, infused with the EY organization’s domain knowledge, to effectively assess their legal risks, better understand the facts in a complex data set, and ultimately to act with confidence.”

Wendell Jisa, Founder & CEO of Reveal, says:

“Our technology is at its most powerful when organizations like the EY organization not only invest directly in them, but also work with our team in close collaboration to anticipate, resolve and work to mitigate existing and future data issues. Together, the EY organization and Reveal are introducing models and providing answers and insights before the need has been identified. This level of automation and analysis in legal tech is solving problems faster and making the unpredictable predictable for EY clients across the globe.”

For more information, visit ey.com/alliances.

About EY

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EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

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.

About Reveal

Reveal is a leading AI-powered platform for eDiscovery, document review, legal hold and investigations. The company has a deep history in driving the adoption of legal automation, which is underpinned by its leading processing technology, visual analytics, and artificial intelligence capabilities. Reveal’s software combines technology and human guidance to transform structured and unstructured data into actionable insight. We help organizations, including law firms, corporations, government agencies, and intelligence services, uncover more useful information faster by providing a world-class user experience and AI technology that is embedded within every phase of the eDiscovery process.

Barbara Dimajo
EY Global Media Relations   
[email protected]

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TECHTRONIC INDUSTRIES JOINS THE UN GLOBAL COMPACT

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DEMONSTRATES TTI’S COMMITMENT TO SUSTAINABLE PRODUCTS AND PRACTICES

FORT LAUDERDALE, Fla., Dec. 23, 2024 /PRNewswire/ — Global cordless power tool, outdoor power equipment and floorcare company Techtronic Industries Co. Ltd. (“TTI” or the “Company”) (stock code: HK:0669, ADR symbol: TTNDY) today announced that it has joined the United Nations Global Compact, reaffirming its dedication to sustainability and social responsibility. With over 25,000 signatories in over 160 countries, the UN Global Compact is the world’s largest voluntary corporate sustainability reporting initiative. By joining, TTI is committing to communicating its progress to stakeholders annually through our ESG Report and UN Global Compact’s website. 

TTI’s CEO Steve Richman remarked: “As the industry pioneer in lithium-ion battery-powered, energy efficient power tools and outdoor power equipment, TTI’s commitment to sustainable products and business practices has long been a fundamental part of the way we do business. We began publishing ESG reports in 2015 and we aligned our goals and targets with the UN Sustainable Development Goals in 2018. Every year we make progress in areas including safety solutions, noise reduction, supply chain traceability, decarbonization, and governance. While we have demonstrated our commitment, by joining the UN Global Compact, we have officially aligned our sustainability strategy with the Ten Principles in the areas of human rights, labor, environment, and anti-corruption.”

As part of TTI’s ongoing sustainability efforts, our objective is to implement initiatives that deepen our support of the UN’s Sustainable Development Goals (SDGs) while fostering an inclusive and equitable workplace culture. We are dedicated to advancing our sustainability journey, setting measurable goals, and continuously monitoring our progress.

Learn more about TTI’s efforts by reading our latest ESG publications here. Our 2024 ESG report will be published in March 2025.

About TTI

Techtronic Industries Company Limited (“TTI” or the “Company”), founded in 1985 by German entrepreneur Horst Julius Pudwill, is a world leader in cordless technology. As a pioneer in Power Tools, Outdoor Power Equipment, Floorcare and Cleaning Products, TTI serves professional, industrial, Do It Yourself (DIY), and consumer markets worldwide. With more than 50,000 employees globally, the company’s relentless focus on innovation and strategic growth has established its leading position in the industries it serves.

MILWAUKEE is at the forefront of TTI’s professional tool portfolio. With global research and development headquartered in Brookfield, Wisconsin, the historic MILWAUKEE brand is renowned for driving innovation, safety, and jobsite productivity worldwide. The RYOBI brand, headquartered in Greenville, South Carolina, remains the top choice for DIYers and continues to set the standard in DIY tool innovation. TTI’s diverse brand portfolio also includes trusted brands like AEG, EMPIRE, HOMELITE, and leading floorcare names HOOVER, ORECK, VAX, and DIRT DEVIL (based in Charlotte, North Carolina).

TTI’s international recognition and renowned brand portfolio are supported by a strong ownership structure that underscores the company’s global reach and stability. The Pudwill family remains the company’s largest shareholder, with the remaining ownership held largely by institutional investors at North American and European-owned firms. TTI is publicly traded on the Hong Kong Stock Exchange and is a constituent stock of the Hang Seng Index, operating globally with a strong commitment to environmental, social, and corporate governance standards. For more information, visit www.ttigroup.com.

All trademarks listed other than AEG and RYOBI are owned by the Company. AEG is a registered trademark of AB Electrolux (publ.) and is used under license. RYOBI is a registered trademark of Ryobi Limited and is used under license.

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ATFX Connect won “Outstanding FX Liquidity Provider” Award at FinanceFeeds 2024

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LONDON, Dec. 23, 2024 /PRNewswire/ — ATFX Connect, the institutional arm of global trading platform ATFX, has been honored with the prestigious “Outstanding FX Liquidity Provider” award at the FinanceFeeds Awards 2024. This recognition underscores ATFX Connect’s industry-leading position in providing deep and reliable foreign exchange (FX) liquidity, a critical factor for institutional clients navigating global financial markets.

The FinanceFeeds Awards celebrate excellence and innovation in the financial sector, highlighting organizations that deliver exceptional services and groundbreaking solutions. ATFX Connect’s achievement in this category reflects its commitment to addressing the sophisticated needs of institutional clients, including hedge funds, asset managers, private banks, and brokers. The award recognizes the platform’s ability to offer tailored liquidity solutions, cutting-edge technology, and efficient trade execution.

Launched in 2019, ATFX Connect was designed to expand ATFX’s presence in the institutional space by offering a multi-access platform for professional investors. Its focus on technology-driven solutions has made it a trusted partner for clients requiring scalable and adaptable liquidity services. Over the years, ATFX Connect has consistently demonstrated excellence in integrating innovative tools with high-quality liquidity provision, helping clients optimize trading strategies in complex market environments.

This accolade solidifies ATFX Connect’s position as a top-tier liquidity provider in the financial industry. With its ongoing efforts to blend technology with personalized services, the platform continues to set new standards in the institutional trading sector.

About ATFX Connect

Back in 2019, ATFX stepped into the Institutional arena with the launch of its Multi-Access platform ATFX Connect. The management’s vision was to expand the broker’s global presence and continue to provide award-winning liquidity and customer service to clients within the Institutional community. With the focus on the professional Investor, the ATFX Connect platform is designed to provide an efficient automated trading venue that delivers tailored liquidity solutions to Hedge Funds, Asset Managers, Brokers, Private Banks, and other financial institutions. (ATFX Connect Website: https://www.atfxconnect.com)

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New Report: What rises in the East and goes down in the West? Ambition to lead

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  • Work is more important to professionals in ‘Global South’ countries than it is to their peers in Western countries.
  • They also place more value on working longer hours, with a significant percentage of professionals in China and India willing to work more than 40 hours a week.
  • Westerners lack leadership ambition – only 42% of respondents express a desire to lead or establish a business. In the Global South 65% hold this aspiration.
  • Global executive search & leadership advisory firm Amrop surveyed 8,000 people in Brazil, China, France, Germany, India, Poland, the UK, and US on the meaning of work.

BRUSSELS, Dec. 23, 2024 /PRNewswire/ — Professionals in Western countries are less ambitious and less interested in work than their ‘Global South’ peers, a new global study by Amrop, a leading global executive search and leadership consulting firm, reveals.

“The drive and ambition in India, Brazil, and China highlight a contrast with the aging societies in the West. As Western nations also face a scarcity of qualified professionals, the ambition of their workforce becomes a decisive factor for growth, economic success, and wealth preservation,” states Annika Farin, Global Chair at Amrop. “Stakeholders should encourage entrepreneurship and foster interest in both professional and personal growth in workers.”

Notably, 92% of Indians and 87% of Brazilians say they enjoy working, while the sentiment is lower in Germany (71%), the US (69%), and the UK (68%), as well as other European countries. Significant variations emerge in how respondents prioritize their careers: 84% in India assert that a successful career is crucial for a good life, with high agreement also in China (71%) and Brazil (70%). Conversely, only 43% in Germany, 40% in France and 37% in Poland share this perspective. In other Western countries such as the US and UK, over half of respondents consider their careers vital for a good life.

India Leads with Impressive Work Ethic and Work-Life Balance

However, divergent work ethics surfaced among Western countries as well, with 70% in the US prioritizing hard work, contrasting starkly with the 35% in France who share the same belief. In this context, India leads at 75%, surpassing Brazil (55%) and China (63%). Chinese professionals also lean more towards career over private life. Work hours reveal distinctions: 46% in China and 42% in India are willing to work over 40 hours, while 29% in the UK, 27% in Germany and only 16% in France, are open to longer working hours. At the same time 73% in India and 59% in China assert that they have a healthy work-life balance, contrasting with 45% in France and 49% in Germany.

“This observation is intriguing. Working fewer hours doesn’t necessarily improve one’s perception of work-life balance. If any connection exists, it appears to be the other way around – professionals willing to work longer hours also seem to have a greater sense of work-life balance. In Europe, especially, we need follow-up studies to find out where these sentiments are coming from, so we know how to reignite the passion for work,” says Farin.

The Lack of Leadership Ambition Extends to Politics

Further results from the survey show that the Global South countries demonstrate a higher aspiration for leadership roles and entrepreneurial ventures. Notably, 76% in India express a desire to run or manage a company, followed by 66% in Brazil and 54% in China. In contrast, the UK (52%), the US (49%), France (37%), and Germany (36%) trail in these aspirations. The global lack of leadership ambition extends to politics, with respondents deeming it the least desirable career across most countries. Only 19% express a motivation to make a positive impact, with 51% prioritizing financial stability and 39% aiming for a specific lifestyle.

Looking at these results, Farin emphasizes a further concern, “In surveying individuals with at least a bachelor’s degree across various countries, our results prompt a crucial question: If most professionals lack ambition for high-level leadership, who will shape the future of economies and societies? Our societies rely on people, their expertise, and motivation. Are we approaching a future where we question not only corporate leadership but also national leadership?”

About the Survey

An online survey was conducted and gathered insights from 8,000 participants, with 1,000 respondents from each of the following countries: Brazil, China, France, Germany, India, Poland, the US, and the UK.

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The survey aimed for representativeness across these diverse nations, capturing perspectives from individuals aged 20 to 60 (Gen Z: 20-26, Young Millennials: 27-34, Old Millennials: 35-42, Gen X: 43-60), all possessing at least a bachelor’s degree. Where applicable, reported results represent the top two answer sets (strongly agree/agree).

About Amrop

Amrop is a global leadership consulting firm, offering retained executive search, Board and leadership advisory services. We advise the world’s most dynamic, agile organizations on identifying and positioning Leaders For What’s Next – adept at working across borders, in markets around the world. Established in 1977, Amrop operates in Asia, EMEA and the Americas across 69 offices in 57 countries.

www.amrop.com 

Contact:
The Amrop Partnership SC
Rue Abbé Cuypers 3
1040 Brussels, Belgium
T. +32 471 733 825
E. [email protected]
Brigitte Arhold, COO

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