Fintech PR
Fortman Cline Capital Markets Wins Best M&A Boutique Firm – Southeast Asia, 2024 at the Global Brand Frontier Awards
BOSTON, Aug. 22, 2024 /PRNewswire/ — Fortman Cline Capital Markets has clinched the Best M&A Boutique Firm – Southeast Asia, 2024 award at the Global Brand Frontier Awards 2024 hosted by Boston Brand Research & Media. The recognition underscores the firm’s exceptional ability to deliver innovative and impactful M&A solutions across Southeast Asia. Known for its sharp execution and strategic advisory services, Fortman Cline has established itself as a go-to partner in navigating complex transactions and driving significant value for its diverse client base.
“Fortman Cline Capital Markets exemplifies the qualities we look for in a Global Brand Frontier Award winner,” said Shivakumar Vijay Shankar, President & CEO of Boston Brand Research & Media. “Their dedication to innovation, strategic thinking, and client-centricity sets them apart in the highly competitive M&A landscape. The firm’s ability to consistently deliver transformative solutions, particularly in the fast-evolving Southeast Asian market, speaks volumes about their leadership and expertise. Fortman Cline’s recent achievements not only demonstrate their capacity to handle complex, high-impact transactions but also their vision in shaping the future of the industries they engage with. It is this blend of foresight and execution that makes them truly deserving of the Best M&A Boutique Firm award.”
Mr. Daniel Ibasco, President of Fortman Cline Capital Markets said, “This recognition underscores FCCM’s unwavering commitment to excellence in customer service and our dedication to empowering entrepreneurs. Our advocacy for the entrepreneurial segment of the market, combined with the transformative and impactful nature of our transactions, is a true differentiator for us. We collaborate with industry thought leaders and executives to provide our clients not just with standard financial advice, but with commercial insights that are integral to every strategic deal we undertake.”
He continued, “This year, Fortman Cline has achieved significant milestones, further cementing our position as an industry leader. Notable transactions include raising close to US$100 million in debt and equity for Buskowitz Energy Inc., a leading solar rooftop player in the Philippines, which will transform into a 200MW company within a few years. FCCM is also driving consolidation in the logistics, healthcare, and retail industries, where offline and online platforms are beginning to converge. Additionally, FCCM has been very active in the infrastructure space, recently serving as the financial advisor to San Miguel Holdings Corporation on its successful bid for the 25-year concession contract to rehabilitate and operate the Ninoy Aquino International Airport (NAIA). FCCM also has a significant pipeline of transactions involving renewable energy and hyperscale data centers, and we are beginning to see more cross-border transactions within ASEAN.”
This accolade highlights Fortman Cline’s critical role in the Southeast Asian M&A landscape, where it has consistently leveraged its deep market knowledge, strategic insights, and robust relationships to deliver successful outcomes for clients.
About Fortman Cline Capital Markets (FCCM)
Fortman Cline Capital Markets (FCCM), with offices in Hong Kong, Singapore, and Manila, specializes in providing strategic advisory services to emerging conglomerates and owner-managers across Southeast Asia. With expertise in sectors such as power and energy, healthcare, transport infrastructure, logistics, consumer products, natural resources, and technology, Fortman Cline has closed over US$20 billion in M&A and fundraising transactions. The firm is renowned for its deep industry knowledge, exceptional client service, and cross-border capabilities.
Recently, FCCM established a management consulting arm, Fortman Cline Management Services (FCMS), to offer strategic guidance and industry expertise to clients both pre-and post-transaction. This includes post-integration work after an acquisition and strategic planning.
About Boston Brand Research & Media
Boston Brand Research & Media is a premier global consulting and media organization, renowned for its innovative research and comprehensive branding solutions. The company has also established itself as a leader in delivering insightful news, perspectives, and analyses on brands that are shaping the future of their industries. The organization provides its audience with up-to-date information on the world’s top brands, highlighting those that set the standard in innovation, service excellence, and consumer-centric solutions. Each year, Boston Brand Research & Media honors companies that excel through their visionary leadership, exceptional offerings, and industry-defining innovations, reinforcing its reputation as a trusted authority in recognizing global excellence across diverse sectors.
About the Global Brand Frontier Awards
The Global Brand Frontier Awards, established by Boston Brand Research & Media, recognizes and celebrates the world’s most dynamic brands across various industries. The awards highlight companies that demonstrate extraordinary innovation, leadership, and a commitment to delivering excellence globally. The awards are a benchmark for global success, identifying brands that are setting the standard in their industries.
This year’s awards saw a competitive field of nominees, with Fortman Cline emerging as the standout in the M&A boutique category for Southeast Asia. Other prominent winners from Southeast Asia include Krungthai Bank PLC, Alveo Land, and more, showcasing the region’s thriving business landscape and commitment to excellence.
To nominate your company or business leader for the Global Brand Frontier Awards 2024, please visit this link.
For more information, please contact:
Email: [email protected]
Phone: +1 (617) 383 7999
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View original content:https://www.prnewswire.co.uk/news-releases/fortman-cline-capital-markets-wins-best-ma-boutique-firm—southeast-asia-2024-at-the-global-brand-frontier-awards-302228670.html
Fintech PR
Finastra announces leadership transition: welcoming Chris Walters as new CEO
LONDON, Jan. 6, 2025 /PRNewswire/ — Finastra, a global provider of financial services software applications, today announced a significant leadership transition. After nearly a decade of transformative leadership, Simon Paris will step down from his role as Chief Executive Officer. Chris Walters has joined Finastra and will assume the role of Chief Executive Officer.
Chris brings a wealth of experience from senior executive leadership positions, driving innovation and scaling technology companies. He recently served as CEO of Pluralsight and Avantax, a leading company within Financial Services, where he orchestrated significant performance improvement and the company’s successful sale. Prior to Pluralsight and Avantax, Chris served in a variety of leadership roles, including being a Partner at McKinsey & Company and the COO of Bloomberg Industry Verticals Group.
On his appointment, Chris said, “I’m excited to join Finastra at this pivotal moment in its journey and am impressed by the significant progress that has been made during Simon’s leadership. I look forward to working with the talented team to drive sustainable growth and continue to deliver more value to our customers, team members, and investors.”
Under Simon’s stewardship, the company has achieved remarkable milestones, including:
- Leading the charge in Open Finance, following the merger of Misys and D+H in 2017 to form Finastra
- Building a loyal customer base of over 8,000 clients in 130 countries, including 45 of the world’s top 50 banks
- Achieving recognition as a leader in Generative AI, with all employees upskilled and ~50 capabilities in progress from ideation to production stages
- Garnering extensive market accolades, including multiple product, culture, and leadership awards, and being named the #1 Banking Technology company, the #2 Financial Technology company, and appearing in the top 15 Software companies worldwide in 2024 alone
- Delivering record financial performance and double-digit Annual Recurring Revenue (ARR) growth
As Finastra embarks on its new strategic sprint in 2025, the company is well-positioned for continued success. During the transition period, Simon and Chris will work closely together to ensure a smooth handover.
Simon reflected on his tenure, saying, “This journey with Finastra has been a privilege. Chris is a seasoned professional, and I am honored to ‘pass the baton’ to him. I leave incredibly proud of what Finastra has achieved so far and excited for the company’s future under Chris’s leadership.”
About Finastra
Finastra is a global provider of financial services software applications across Lending, Payments, Treasury and Capital Markets, and Universal (retail and digital) Banking. Committed to unlocking the potential of people, businesses and communities everywhere, its vision is to accelerate the future of Open Finance through technology and collaboration, and its pioneering approach is why it is trusted by ~8,100 financial institutions, including 45 of the world’s top 50 banks. For more information, visit finastra.com.
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View original content:https://www.prnewswire.co.uk/news-releases/finastra-announces-leadership-transition-welcoming-chris-walters-as-new-ceo-302343232.html
Fintech PR
DXC Technology’s AI Impact Helps Customers Across Industries Innovate with AI
AI Impact leverages DXC’s combined consulting, engineering, and secure enterprise services
ASHBURN, Va., Jan. 6, 2025 /PRNewswire/ — DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced AI Impact, an approach designed to help solve customers’ most pressing challenges. By combining DXC consulting, engineering and secure enterprise services, DXC will help clients across industries securely innovate and drive real business outcomes with AI.
DXC takes a pragmatic approach to AI by focusing on developing solutions that solve real world challenges and support business growth. With DXC’s AI Impact, customers benefit from DXC’s vast industry expertise and technology experience to build solutions, services and experiences together that will deliver real business outcomes using the latest technology innovation. Read more about DXC’s approach here.
“AI has already captured the attention and imagination of industries everywhere. From AI agents to autonomous driving and personalized medicine, companies are taking steps to unlock value from AI, which promises to reshape our world,” said Howard Boville, EVP, Consulting & Engineering Services – Powered by AI. “With DXC’s AI Impact approach, we are helping to push the boundaries of what AI makes possible, guided by our team of consulting, engineering and technology experts to address our clients’ most pressing challenges.”
Customers across industries are leveraging AI Impact, including:
- Automotive: DXC is helping customers leverage AI-powered diagnostic tools to make it easier for automotive manufacturers and service providers to identify potential issues before they become critical, reducing downtime and maintenance costs. DXC is also helping customers leverage AI to personalize every aspect of a vehicle, including personal assistants that learn a driver’s preferences and habits over time to make more intuitive recommendations.
- Public Sector: To provide more transparency, governments are using DXC AI Impact to efficiently engage with citizens and make it easier for them to access public services. This includes the use of AI Agents and AI enhanced processes that streamline and simplify tax, national lending and even public healthcare processes.
- Financial Services and Insurance: DXC is helping customers optimize operations, from underwriting and risk assessment to claims processing and customer service. By working with DXC, financial institutions are leveraging chatbots to make it easy for human agents to respond faster and more accurately to customer inquiries by analyzing thousands of documents in minutes with Generative AI.
- Healthcare: DXC implemented an AI-powered app to help measure patient symptoms in real-time, analyzing data to provide clinicians with insights that enable more accurate diagnoses and treatment plans, improving the quality of care and proactively addressing prescription resistance.
For more information on DXC AI Impact and how we’re working with the most innovative industry leaders to securely innovate, visit here.
Forward Looking Statements
All statements in this press release that do not directly and exclusively relate to historical facts constitute “forward-looking statements.” These statements represent current expectations and beliefs, and no assurance can be given that any result, goal or plan set forth in any forward-looking statement can or will be achieved. Such statements are subject to numerous assumptions, risks, uncertainties and other factors that could cause actual results to differ materially from those described in such statements, many of which are outside of our control. For a written description of these factors, see the section titled “Risk Factors” in DXC’s Annual Report on Form 10-K for the fiscal year ended March 31, 2024, and any updating information in subsequent SEC filings. Readers are cautioned not to place undue reliance on such statements which speak only as of the date they are made. We do not undertake any obligation to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date of this document or to reflect the occurrence of unanticipated events, except as required by law.
About DXC Technology
DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world’s largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues at DXC.com.
CONTACT: Mihir Bellamkonda, Media Relations, [email protected]; Roger Sachs, Investor Relations, [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/dxc-technologys-ai-impact-helps-customers-across-industries-innovate-with-ai-302343102.html
Fintech PR
Transforming Financial Futures: IBN Technologies Innovative Small Business Bookkeeping Solutions in California
MIAMI, Jan. 6, 2025 /PRNewswire/ — A game-changing bookkeeping solution has been launched to address critical financial challenges faced by small businesses, particularly in California. As the accounting industry undergoes rapid transformation, this innovation promises to streamline financial management, boost efficiency, and support growth, marking a significant shift in how small businesses navigate a competitive economic landscape.
As the backbone of the U.S. economy, small businesses account for a significant portion of jobs and economic activity. However, many struggle with the complexities of financial management, from maintaining accurate records to staying compliant with tax regulations. Recognizing these challenges, IBN Technologies has introduced, a suite of small business bookkeeping solutions in California has been introduced to provide business owners with the tools they need to optimize their financial operations and drive long-term success.
Book 30-minute free consultation– https://www.ibntech.com/free-consultation/?pr=prnewswire
“We understand that managing finances can be a time-consuming and overwhelming task for small business owners,” said Ajay Mehta, CEO of IBN Technologies. “Our goal is to simplify that process and provide them with the clarity they need to make informed decisions. With our advanced bookkeeping solutions, entrepreneurs can focus more on what they do best running and growing their businesses.”
What also sets the service apart is its adaptability. Their solutions are tailored to meet the unique needs of each client, whether it’s a small retail shop, a tech startup, or a local restaurant. This flexibility ensures that finance and accounting services are customized to fit the specific financial requirements of each business, allowing real-time access to financial data and professional insights. Business owners are empowered to stay ahead of financial trends, manage costs, and plan more effectively.
Besides their software and tools expertise, they offer business owners continuous support from a seasoned team of accountants and financial advisors. Clients benefit from not only advanced technology but also personalized consultation, ensuring their financial strategy aligns with their long-term goals.
Looking to the future, there are plans to expand these services to even more small businesses in California and beyond. With the business environment constantly evolving, IBN Technologies recognizes the importance of continuous innovation and adaptation. The focus remains on enhancing these services, ensuring that clients are equipped with the most advanced and effective bookkeeping solutions available.
About IBN Technologies
IBN Technologies LLC, an outsourcing specialist with 25 years of experience, serves clients across the United States, United Kingdom, Middle East, and India. Renowned for its expertise in RPA, Intelligent process automation includes AP Automation services like P2P, Q2C, and Record-to-Report. IBN Technologies provides solutions compliant with ISO 9001:2015, 27001:2022, CMMI-5, and GDPR standards. The company has established itself as a leading provider of IT, KPO, and BPO outsourcing services in finance and accounting, including CPAs, hedge funds, alternative investments, banking, travel, human resources, and retail industries. It offers customized solutions that drive efficiency and growth.
Contact Details:
Pradip
[email protected]
+1 – 844 – 644 – 8440
USA:
IBN Technologies LLC
66 West Flagler Street Suite 900 Miami, FL 33130
India: Global Delivery Centre
IBN Technologies Limited
Kohinoor House, 2nd floor,
691/A/1B, Plot no. 7,
Bibwewadi Road, Pune-411037
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View original content:https://www.prnewswire.co.uk/news-releases/transforming-financial-futures-ibn-technologies-innovative-small-business-bookkeeping-solutions-in-california-302342981.html
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