Fintech PR
Access Accelerated and the World Bank Collaborate via New Technical Partnership in Cooperation with Results for Development to Build a Coalition Aimed at Closing the Health Financing Gap for Noncommunicable Diseases in Low and Middle-Income Countries
GENEVA and LILONGWE, Malawi, Nov. 12, 2024 /PRNewswire/ — Today marks the launch of a transformative initiative as Access Accelerated and the World Bank come together in a new technical partnership, working in close cooperation with Results for Development (R4D) to build a coalition of global and local organizations aimed at addressing the critical shortfall in healthcare financing for noncommunicable diseases (NCDs) in low- and middle-income countries (LMICs). The regional Financing Accelerator Network for NCDs (FAN) is designed to bridge this gap through regionally hosted NCD Financing Accelerators, starting in Sub-Saharan Africa. These regional accelerators will collaborate with countries and local stakeholders to promote and scale sustainable health financing solutions, tackling one of the most pressing barriers to addressing the growing NCD burden.
NCDs, including cancer, diabetes, cardiovascular and chronic respiratory diseases, and mental and neurological disorders, are responsible for approximately 41 million global deaths annually–a figure projected to rise to 52 million by 2030. This escalating challenge represents a significant threat to global health and economic growth, with projected costs of USD47 trillion in healthcare and lost productivity between 2010 and 2030. Despite the clear and urgent threat, current government spending and development assistance fall short of the investment needed to mitigate the rising death toll and its economic impact.
The Financing Accelerator Network for NCDs aims to address this challenge by supporting governments and local stakeholders in strengthening their NCD response and building more resilient health financing systems, with a focus on advancing universal health coverage and building strong primary healthcare systems – key goals within the 2030 Sustainable Development Goals.
“We’ve heard from governments and local stakeholders that they need expertise, support, and locally relevant solutions to transform their health financing systems,” says Herb Riband, Director at Access Accelerated. “We have to respond to the call to help countries build financial and technical capacity to address NCDs and improve health outcomes.”
The network of regional NCD Financing Accelerators in the Sub-Saharan Africa, Latin America & the Caribbean, and Asia-Pacific regions, supported by R4D as Network Manager, will provide regional expertise, on-demand technical support, cross-country learning opportunities, and catalytic seed funding to programs aimed at improving NCD financing and health outcomes.
“We are excited to support the new Access Accelerated-World Bank technical partnership, leveraging our expertise in health financing and cross-country learning to strengthen health systems worldwide,” says Gina Lagomarsino, President and CEO of Results for Development. “Through the FAN initiative, we are dedicated to collaborating with local change agents in various global settings, ensuring that our efforts have local relevance and global impact, empowering health systems to effectively address the epidemiological transition to NCDs.”
The first regional NCD Financing Accelerator will be hosted in Sub-Saharan Africa by the African Institute for Development Policy (AFIDEP). Sub-Saharan Africa faces the fastest-growing rates of NCD incidence and mortality, yet only 7.2% of government spending is allocated to health, far below the average of 12.4% in other regions. This stark discrepancy underscores the urgent need for new approaches to health financing.
“The growing evidence of the impact of NCDs in Africa, not just on health, but across all aspects of society, calls for forward thinking and innovation on the continent, to save lives and ensure wellbeing and prosperity,” explains Dr. Rose Oronje, Director of Public Policy & Knowledge Translation and Head of Kenya Office at AFIDEP. “As the host of the first regional NCD Financing Accelerator, we will use evidence to unite and mobilize country change agents and empower local stakeholders to co-create solutions, foster cohesive communities of learners, and overcome common health financing challenges.”
In the coming months, FAN will prioritize a comprehensive analysis of the NCD financing landscape across the African region. This effort, already underway, engages government officials, policymakers, and other stakeholders to identify key challenges, opportunities, and priorities. The findings, expected by early 2025, will guide the learning agenda and shape strategies and solutions to drive on-the-ground impact across the continent.
About the Financing Accelerator Network for NCDs
The Financing Accelerator Network for NCDs (FAN) is a transformative initiative established via a new technical partnership between Access Accelerated and the World Bank, in close cooperation with Results for Development, to build a growing coalition of global and local organizations in support of improving sustainable financing for NCDs in low- and middle-income countries. FAN operates through regionally based NCD Financing Accelerators that support governments and local stakeholders with technical support, cross-country learning, and catalytic seed funding to advance local NCD financing programs. The African Institute for Development Policy will host the inaugural accelerator in Sub-Saharan Africa. This initiative aligns with and will support the World Bank’s goal to provide quality health services to 1.5 billion people by 2030 as well as Access Accelerated’s mission to drive scalable, sustainable progress on NCDs as part of universal health coverage. Learn more at: www.ncdfinancing.org
Media contacts:
Access Accelerated AFIDEP
Thuy Khuc-Bilon Adaudo Anyiam Osigwe
[email protected] [email protected]
+41 79 473 0341 +265 899 134 242
Photo: https://mma.prnewswire.com/media/2552836/Access_Accelerated.jpg
Fintech PR
Protecht launches advanced controls management solution
SYDNEY, Nov. 25, 2024 /PRNewswire/ — Protecht Group, a global leader in enterprise risk management solutions, has released its innovative controls management solution. This cutting-edge tool empowers organizations to design, implement, and maintain a robust controls framework, streamlining compliance and enhancing operational efficiency.
Protecht’s controls management solution addresses the challenges faced by risk and compliance leaders in managing controls across complex regulatory environments. By integrating controls management into the organization’s broader ERM framework, the solution provides a centralized approach to mitigate risks, achieve compliance, and enable organizations to focus on strategic growth.
As organizations face increasing regulatory pressures, the need for a unified, efficient approach to controls management has never been greater. Many businesses struggle with fragmented processes, duplicated efforts across frameworks, and limited visibility into controls effectiveness. Protecht’s controls management solution simplifies these complexities by providing a single source of truth for controls assurance activities.
Key features of Protecht’s controls management solution
- Centralized controls library: Offers a single repository for all control data, tailored to align with organizational needs and regulatory frameworks.
- Simplified control testing: Streamlines the testing process with pre-built templates, automated scheduling, and real-time tracking of progress and results.
- Framework library: Enables seamless mapping between controls and multiple regulatory standards to eliminate redundancies and simplify compliance efforts.
- Advanced reporting and dashboards: Provides real-time insights into control effectiveness and areas requiring improvement, ensuring confidence in decision-making and risk management strategies.
“Protecht’s Controls Management solution simplifies the way organizations handle compliance and risk assurance,” says Damien Stevens, Chief Product & Marketing Officer at Protecht. “By integrating controls into the broader enterprise risk framework, we provide our customers with the tools they need to mitigate risks, optimize efficiency, and align their control environments with their strategic objectives.”
Supporting resources
To help organizations maximize the benefits of the new solution, Protecht offers a range of resources, including:
- Live webinars showcasing the solution’s capabilities for risk and IT professionals alike
- Product tours showing how the solution lets you solve specific controls-related problems
- A comprehensive eBook on building effective controls frameworks
- Opportunities to book a demo and see the solution in action
Find out more and download a brochure at www.protechtgroup.com/solutions/controls-management
About Protecht Group
Headquartered in Sydney, Australia, with offices in London and Los Angeles, Protecht Group provides innovative risk management solutions, including the Protecht ERM platform. Trusted by organizations across government, financial services, education, and other industries, Protecht empowers businesses to manage risk holistically, transitioning from spreadsheets and manual processes to efficient, integrated systems.
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View original content:https://www.prnewswire.co.uk/news-releases/protecht-launches-advanced-controls-management-solution-302315104.html
Fintech PR
Robert Rahman Joins Dinosaur Group Holdings to Head its New Global Corporate Credit Securities Market Unit in the US, Europe & Asia
NEW YORK, Nov. 25, 2024 /PRNewswire/ — Dinosaur Financial Group LLC. (DFG), a New York based Investment Firm and Dinosaur Merchant Bank Ltd. (DMBL), a London based Institutional Brokerage announced the joining of Robert Rahman as the Global Head of the newly created Global Corporate Credit Securities (GCCS) unit.
Dinosaur Group’s new GCCS initiative seeks to provide clients with an alternative to the bulge bracket that will not compete with clients and seeks to offer those clients, a partner that can deliver reliable and trustworthy execution capabilities in a difficult liquidity backdrop. Robert’s new unit will complement the firm’s existing global footprint in Fixed Income.
Robert will oversee the sales, trading, and research business globally for Corporate Investment Grade, High Yield, Distressed, Stressed, Special Situations, Levered Loans, Re-Org Equities, Trade Claims, Private Credit and Converts within the GCCS unit.
Before Dinosaur, he was the Head of High Yield, Distressed and Loans within the capital markets division of Oppenheimer and Co (OPY) where he worked for the last 16 years. He has also been a senior member of Morgan Stanley’s High Yield sales team and has over 30 years of experience in all aspects of Institutional Credit. Robert started his career as a Credit Analyst within Salmon Brothers revered “Corporate Bond Research” team and at Donaldson, Lufkin & Jenrette’s “Leveraged Finance Research” team.
Announcing his appointment, Glenn Grossman, CEO, Dinosaur Group said, “Robert’s deep client and issuer relationships along with his previous success in leading and building global credit teams will help the group to provide institutional clients with an additional liquidity platform for one stop credit trading across the world. We are very excited to see the new business grow under his leadership.”
Elliot Grossman, Managing Director added, “With Robert’s leadership, the group seeks to help institutional investors by providing capital to help facilitate trades versus being another riskless agency credit shop.”
Speaking about joining the Dinosaur group and his plans for the new business, Robert said, “I was attracted to the group given its established track record of providing client solutions in Fixed Income, globally for the past 25 years. My focus will be to provide institutional investors with an enhanced global liquidity platform for the US, European and Asian markets. I look forward to building this business at DFG.”
He also stated, “Sourcing trading block paper is nuanced and requires deep and long-standing client relationships from the trader, analyst, PM and CIO level. The new team will look to gain Fixed Income clients’ trust, add value and provide liquidity while so many competitors retrench.”
About Dinosaur Group Holdings
Dinosaur Group Holdings (DGH) is the holding company for Dinosaur Financial Group LLC. (DFG), an investment firm registered with the SEC and a member of FINRA and SIPC, Dinosaur Merchant Bank Ltd. (regulated by the FCA) and New York-based SEC-registered investment firm DCM Advisors, LLC.
Deploying a team of approximately 150 professionals, the overall organization provides global execution services, financing and advisory expertise/insights for equities, fixed income, commodities and derivatives, investment management as well as a suite of investment banking services providing financial solutions and capital markets execution to the middle market client base, both domestically and globally. Clients and counterparties spanning six continents are primarily institutions, family offices, asset managers, hedge funds, and corporations. Dinosaur Group takes pride in the business’ stable management, strong compliance, solid operations, and diverse talent.
Photo – https://mma.prnewswire.com/media/2566918/Robert_Rahman.jpg
Logo – https://mma.prnewswire.com/media/2566971/Dinosaur_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/robert-rahman-joins-dinosaur-group-holdings-to-head-its-new-global-corporate-credit-securities-market-unit-in-the-us-europe–asia-302315687.html
Fintech PR
New GitLaw platform makes creating legal documents free and fast
BIRMINGHAM, England, Nov. 25, 2024 /PRNewswire/ — Each year 32% of small businesses experience a legal issue but only 25% of these are able to access professional help. Of those who did engage lawyers, many had to draw on personal savings just to meet fees. The current legal system is unaffordable with the balance tipped against those without vast financial resources.
GitLaw.co, launching this week, is looking to change that. GitLaw has published hundreds of legal document templates which are entirely free to download or customize through its platform. GitLaw is built by a group of tech entrepreneurs including Nick Holzherr who previously founded Whisk.com, a software platform acquired by Samsung in 2019.
GitLaw’s name is inspired by Git technology and open source software development. This collaborative model allows legal documents to be freely available to use, modify or share, with complete version history transparency. GitLaw’s vision is to create a collaborative open source community for legal documents. GitLaw’s specialized features help users efficiently customize and finalize legal templates. Users can submit templates as well as suggest changes to existing documents, resulting in free community-driven standards for legal documents.
The service is initially targeted at small businesses in the US and UK. “As a startup founder I have first hand experience of having to navigate legal battles without budgets for lawyers and I wish I’d had something like GitLaw – a reliable repository of free legal documents” said Nick Holzherr, one of the founders of GitLaw. “We already have 300 documents that cover key contract types like NDAs (Non Disclosure Agreements), Employment Agreements and Privacy Policies, and we hope the community will continue to provide more documents”. Most of the documents on GitLaw today are created and contributed by reputable law firms, lawyers, investors and organizations.
While the platform targets the 400m global small businesses first, the company has a mission to bring GitLaw to wider audiences. “In the medium term I hope we’ll be able to cover a lot more areas of law like civil law.
Longer term, I can envision GitLaw being used to support the creation of national laws, enabling citizens to contribute, provide feedback, and transparently track every change made to their legislation.” said Holzherr.
GitLaw is free to use and available at www.gitlaw.co
Pictures available at https://gitlaw.co/press
View original content:https://www.prnewswire.co.uk/news-releases/new-gitlaw-platform-makes-creating-legal-documents-free-and-fast-302315630.html
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