Fintech PR

ARC Group Applauded by Frost & Sullivan for Reliable and Superior Investment Advisory Service and Its Market-leading Position

Published

1 month ago

October 21, 2024

arc-group-applauded-by-frost-&-sullivan-for-reliable-and-superior-investment-advisory-service-and-its-market-leading-position

ARC Group leverages its experience, expert workforce, and personalized customer relationships to build its brand among industry stakeholders and beyond.

SAN ANTONIO, Oct. 21, 2024 /PRNewswire/ — Frost & Sullivan recently analyzed the mid-market investment advisory services industry and, based on its findings, recognizes ARC Group with the 2024 Asian Company of the Year Award. The company is one of Asia-Pacific’s leading financial advisors, and through its comprehensive service provisions, innovation, and strategic market positioning, it has carved a niche in the financial domain, including equity markets such as initial public offerings (IPOs), special purpose acquisition companies (SPACs), and prominent merger and acquisition (M&A) deals. ARC Group’s foray into the SPAC market in 2013 gave the company a significant first-mover advantage, which it capitalized on during the 2019 boom. To stay ahead of the curve and in response to changing geopolitical needs, ARC Group has put together a strong cross-border team that has been instrumental in helping companies transition their business from China to other Southeast Asian countries.

ARC Group also expanded its coverage of boutique advisory services for capital markets into countries such as Vietnam, Thailand, and Malaysia. Its diverse service portfolio enables the client to see ARC Group as its one-stop solution for changing economic needs. The company’s focus on mid-tier firms in Asia caters to the clientele that other banks largely underserved, cementing its leadership position. This approach expanded its market presence and allowed it to capture emerging opportunities. The company prides itself in providing service continuity even after completing the listing process for continuous support, making it the go-to firm for clients in its home country and Malaysia. The company also has the unique distinction of being the only broker-dealer with a local presence in Indonesia for listings on the New York Stock Exchange (NYSE) and NASDAQ.

Janani.S, associate director at Frost & Sullivan, observed, “ARC Group identified an opportunity in the mid-market clientele whose business needs were largely out of the purview of the large investment banks. This gap identification distinguished ARC Group from competitors and helped the company cement its position as one of the few firms targeting this niche in the region.”

ARC Group recorded significant growth in year-over-year revenues. In a market filled with direct and indirect competitors, ARC Group’s competitive edge lies in its strong local presence and personalized services. By targeting high-risk and high-reward regions in Southeast Asia like Malaysia, ARC Group leverages its local expertise and years of experience to eliminate industry rivals. With this regional footprint, ARC Group can provide adaptable and durable business solutions to fulfill customer demands in various areas. High client satisfaction and repeat business, which demonstrates its capacity to provide reliable and superior service, enhance ARC Group’s reputation as a trustworthy and essential partner in the investment banking sector. When competitors were laying off their workforce and cutting costs, ARC Group sustained and emerged as the market leader—thus building the image of stability in tough waters—something customers in a space like financial advisory services highly preferred.

“ARC Group excels in the financial services industry through three main streams of work: capital markets, M&A, and consulting. Its expertise in these areas, combined with strategic initiatives and advanced technology, enables ARC Group to provide comprehensive support to clients. In addition, the company’s ability to anticipate market trends and offer tailored services ensures high client satisfaction and repeat engagements,” added Janani. The factors above and its strong overall performance have earned ARC Group Frost & Sullivan’s 2024 Company of The Year Award in the Asian mid-market investment advisory services industry.

Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies and the resulting leadership in terms of customer value and market penetration.

Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, megatrends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Contact us: Start the discussion.

Contact:

Tarini Singh
P: +91 9953764546
E: [email protected]

About ARC Group
ARC Group is a Hong Kong-based global financial services and advisory firm with deep roots in Asia. Since its founding in 2015, ARC Group has earned a strong reputation for delivering innovative, client-focused solutions across a comprehensive suite of services, including IPOs, SPACs, and M&A transactions.

By focusing on the mid-market segment, ARC Group has filled a crucial gap left by larger investment banks, positioning itself as the go-to advisor for businesses with unique needs that are often overlooked. This strategic approach allowed ARC Group to top the SPAC M&A rankings in 2022, by both transaction volume and value, cementing its status as a global leader in SPAC and IPO advisory.

Beyond equity markets, ARC Group provides a wide range of financial services, including M&A advisory, financing, and venture capital. Additionally, its independent consulting division specializes in guiding clients through the challenges of operating across Asia, Europe, and the US.

With a presence in 12 countries across 3 continents, ARC Group is dedicated to delivering boutique advisory services, underpinned by a long-term commitment to client growth and success.

For more information or any questions, please contact:
Sergio Camarero,President, [email protected]

For media inquiries, please contact:
Anna Sahlberg Carlsson, Marketing Manager,[email protected]

Photo – https://mma.prnewswire.com/media/2534450/Arc_Group_Award.jpg

View original content:https://www.prnewswire.co.uk/news-releases/arc-group-applauded-by-frost–sullivan-for-reliable-and-superior-investment-advisory-service-and-its-market-leading-position-302280508.html

Fintech PR

China’s AIMA brand electric motorbike is now in Bangladesh

Published

9 hours ago

November 23, 2024

CISION (PR Newswire)

DHAKA, Bangladesh, Nov. 23, 2024 /PRNewswire/ — With the popularity of electric vehicles in Bangladesh, the globally renowned AIMA brand has also arrived in Bangladesh. The esteemed DX Group has brought the AIMA F-626 to customers. This environmentally friendly battery-operated electric motorbike has already been approved by the Bangladesh Road Transport Authority (BRTA) now.

In light of the increasing popularity of electric motorcycles in the country, the internationally-leading brand AIMA has entered the market. By the end of 2023, AIMA electric two-wheelers had established a presence in over 50 countries worldwide, with 11 global production bases, including overseas factories in Indonesia and Vietnam. In 2022, AIMA collaborated with Rob Janoff, the designer of the Apple logo, to refresh the brand’s VI system with a youthful and fashionable image. In 2023, AIMA teamed up with PANTONE, the global authority in color expertise, to create the trending color of the year. As an industry leader, AIMA spearheads the electric two-wheeler sector and showcases the prowess of a leading electric two-wheeler brand on a global scale. As of March 31, 2024, AIMA’s total electric two-wheeler sales had reached 80 million units, earning certification from Frost & Sullivan, a globally recognized business growth consulting firm, as the “Global Leading Electric Two-wheeler Brand”.

Over the years, AIMA has always been a product trendsetter in the electric two-wheeler sector. As of March 31, 2024, the total sales volume of AIMA electric two-wheelers reached 80 million, and Frost & Sullivan, a world-renowned market consulting company, awarded AIMA with the market status certification of the “Global Leading Electric Two-wheeler Brand (by Sales)”.

AIMA adhere to the customer-centered product philosophy and technologies that support long-term innovation and breakthroughs. We believe that the efficiency and modern technology of the AIMA F-626 will present an excellent alternative means of communication for our customers.

Photo – https://mma.prnewswire.com/media/2557788/image.jpg
Photo – https://mma.prnewswire.com/media/2565550/Image2.jpg
Logo – https://mma.prnewswire.com/media/2449955/5026987/AIMA_Technology_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/chinas-aima-brand-electric-motorbike-is-now-in-bangladesh-302314773.html

Fintech PR

China Telecom Gulf Officially Launches in Saudi Arabia for Business

Published

10 hours ago

November 23, 2024

CISION (PR Newswire)

china-telecom-gulf-officially-launches-in-saudi-arabia-for-business

HONG KONG, Nov. 23, 2024 /PRNewswire/ — On November 21, China Telecom Gulf was officially launched in Riyadh. This milestone marks a significant step in China Telecom’s efforts to provide deep services under the “Belt and Road Initiative” and to promote the building of a “China-Arab Community with a Shared Future.” It signifies another solid advancement on China Telecom’s path toward internationalization. Mr. Liu Guiqing, Executive Director and EVP of China Telecom Corporation, delivered an opening speech, along with Mr. Fawaz, Representative of Contact Office of Chinese Companies in the KSA, Deputy General Manager of Industrial and Commercial Bank of China Riyadh Branch. Over 100 guests and leaders from the Economic and Commercial Office of Embassy of the PRC of the KSA, Saudi Telecom Company (STC), Bank of China, Huawei, and others attended to witness this momentous occasion.

In his address, Mr. Liu Guiqing emphasized China Telecom’s commitment to openness, cooperation, and mutual benefit. He expressed the company’s willingness to share its experiences in cloud-network integration, cloud transformation, intelligent operations, and technological innovation. China Telecom aims to work closely with various levels of Saudi governments, enterprises, and partners to actively participate in the development of local digital infrastructure, drive the rapid advancement of next-generation information technologies, and establish a robust bridge for cooperation between China and Saudi Arabia in the field of information technology. Leveraging its extensive resources and global operational capabilities, China Telecom plans to bring its strengths in 5G, cloud computing, artificial intelligence, and other fields to provide innovative, high-quality communication products and services to Saudi enterprises, institutions, and consumers.

Mr. Fawaz extended his warm congratulations on the opening of China Telecom Gulf. He highlighted that as a leading global provider of communication services, China Telecom possesses abundant cloud-network resources and mature international service capabilities. The establishment of China Telecom Gulf is a significant step toward supporting the digital transformation of businesses in the region. He expressed confidence that through joint efforts, the company will seize opportunities in the digital era and contribute to Saudi Arabia’s socio-economic development and practical cooperation between China and Saudi Arabia in various fields.

China Telecom showcased its global resources, business capabilities, and its investments and partnerships in the Middle East and Africa. Key services introduced included eSurfing Cloud, computing power solutions, quantum technology, and customized 5G networks. Currently, China Telecom operates branches in 42 countries and regions worldwide, owns 53 international submarine cables, and manages 27 self-operated Internet Data Centers (IDCs). Its cloud-network integrated infrastructure and customer-centric digital service systems provide coverage across the globe.

During the event, China Telecom Gulf signed strategic cooperation agreements with Saudi Telecom Company (STC), Huawei Saudi Arabia, and Baud Telecom Company. The parties committed to deep collaboration, leveraging their respective strengths to provide optimized and convenient digital experiences to Saudi customers.

The establishment of China Telecom’s presence in Saudi Arabia marks a major milestone in the company’s entry into the Middle Eastern communications market, representing a key development in its global strategy. Moving forward, China Telecom Gulf will leverage China Telecom’s robust digital infrastructure and resource integration capabilities. We will collaborate closely with local Saudi enterprises, Chinese businesses expanding internationally, and global companies to strengthen cooperation and enhance exchanges. The company aims to contribute to the growth of Sino-Saudi and Middle Eastern industrial cooperation, continuously offering more smart solutions for the development of the Middle East’s digital economy, while striving to become a world-class provider of digital and intelligent technology services.

Photo – https://mma.prnewswire.com/media/2566044/image_5024765_40051959.jpg

View original content:https://www.prnewswire.co.uk/news-releases/china-telecom-gulf-officially-launches-in-saudi-arabia-for-business-302314765.html

Fintech PR

Redefining Financial Frontiers: Nucleus Software Celebrates 30 Years with Synapse 2024 in Singapore

Published

1 day ago

November 23, 2024

CISION (PR Newswire)

redefining-financial-frontiers:-nucleus-software-celebrates-30-years-with-synapse-2024-in-singapore

SINGAPORE, Nov. 23, 2024 /PRNewswire/ — The thriving India–Singapore partnership in banking and technology reached a new milestone as Nucleus Software celebrated 30 years of transformative innovation at Synapse 2024, held in Singapore. The event underscored the company’s role in redefining financial services across Southeast Asia (SEA) and the globe, bringing together leaders in finance and technology to explore a shared vision for the future of banking.

Synapse 2024 celebrated 30 years of Nucleus Software’s leadership in driving transformative change across Singapore and Southeast Asia’s financial ecosystem. The event also shone a spotlight on the Global Finance & Technology Network (GFTN), an initiative supported by the Monetary Authority of Singapore (MAS) to champion responsible technology adoption. The event highlighted the deepening synergies between India and Singapore, driven by their shared commitment to innovation, cross-border collaboration, and financial inclusion. As the financial services sector undergoes rapid evolution with advancements in artificial intelligence, blockchain, and digital banking, these partnerships are setting the stage for a more connected, resilient, and inclusive global ecosystem.

Vishnu R. Dusad, Co-founder and Managing Director of Nucleus Software, reflected on the milestone: “For over 30 years, we’ve had the privilege of aligning our journey with Singapore’s ascent as a global financial powerhouse. Back in 1994, when we chose to go East instead of West, it was a bold and emotional decision—guided by our belief in Singapore as a hub for innovation and collaboration. We saw then what remains true today: Singapore is at the heart of the global financial landscape, a place where new ideas take root, and partnerships thrive.”

The event brought together a distinguished array of participants, highlighting the transformative potential of India–Singapore collaboration. Mr. Piyush Gupta, CEO of DBS Group and the Guest of Honor, set the tone for the event with his opening remarks, emphasizing the transformative role of big tech in reimagining scalable, customer-centric financial services in the digital age.

Following his address, key speakers enriched the discussions with their insights. Mr. Sopnendu Mohanty, Chief Fintech Officer at the Monetary Authority of Singapore and Group CEO-Designate of The Global Finance & Technology Network (GFTN), underlined the importance of fostering responsible technology adoption and building inclusive financial ecosystems. Mr. Vinod Rai, globally respected public policy expert, Distinguished Visiting Research Fellow at the National University of Singapore, and former Comptroller and Auditor General of India, shared his perspectives on governance and policy frameworks in financial systems. Mr. S.M. Acharya, Chairman of Nucleus Software and former Defence Secretary of India, offered a visionary outlook on leveraging technology to modernize and secure banking frameworks. Finally, Mr. Pieter Franken, Co-founder and Director of GFTN (Japan), a global FinTech pioneer and deep tech innovator, discussed the future of decentralized finance and its implications for the financial sector.

The event showcased the transformative role of technology in global financial systems, emphasizing innovations that set benchmarks for scalability and inclusivity. Panelists discussed the importance of localized solutions, the challenges of cross-border integration, and leveraging dual business models to optimize capital and foster public participation. The dialogue highlighted the need for common standards, unified frameworks like APIs, and collaborative efforts to accelerate financial inclusion and drive global connectivity in the digital age.

For 30 years, Nucleus Software has consistently introduced advanced lending and banking solutions that support financial institutions’ evolving needs in Singapore and South East Asia. Driven by lean development methodologies like Acceptance Test-Driven Development (ATDD) and Continuous Integration/Continuous Delivery (CICD), Nucleus Software continues to push boundaries in efficient, flexible, and secure financial technology.

Photo: https://mma.prnewswire.com/media/2565374/Synapse_2024.jpg
Logo: https://mma.prnewswire.com/media/2565373/Nucleus_Software_Logo.jpg