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Omnira Software Expands Its Industry-Leading Suite to Enhance Portfolio Analysis and Augmented Reserves Management Capabilities
HOUSTON, Dec. 11, 2024 /PRNewswire/ –Omnira Software™, one of the fastest-growing providers of planning, reserves management, and data insights solutions, is pleased to announce a strategic partnership with PDQ Decisions™, a portfolio optimization expert and reserves management solutions provider, to distribute the PDQportfolio™ and PDQreserves™ software globally.
In line with its mission to help oil and gas companies make better capital investment decisions, this partnership broadens Omnira’s suite to offer a comprehensive portfolio analysis and optimization stack seamlessly integrated with its flagship product, MOSAIC™.
Enhancing Workflow Efficiencies and Analysis
More clients are embracing MOSAIC to support their corporate planning and reserve workflows. Adding PDQportfolio’s portfolio analysis and optimization capabilities enables workflows to further our clients’ analytical capabilities for capital investment through an integrated suite of products.
Our clients can run multi-objective optimizations to explore different capital investment strategies, applying multiple constraints to evaluate various scenarios, allowing them to identify the optimal balance between risk and return in their portfolios. “I am excited that we are delivering new capabilities to our clients, which will ultimately help them reach their strategic goals,” said Francisco Gomez, CEO of Omnira Software.
Omnira: The One-Stop Shop for Reserves Management
With the integration of PDQreserves’ advanced reserves management capabilities, Omnira now stands as the industry’s sole one-stop solution for comprehensive reserves management. Whether you’re seeking a single solution for forecasting, planning, and reserves, or your company depends on legacy petroleum economics software and needs to tackle reserves management and reporting challenges, Omnira has the expertise to assist.
Through PDQreserves, Omnira helps clients transition from internally developed reserves management systems to an off-the-shelf solution that integrates seamlessly with their existing petroleum economics tools while meeting immediate reserves management requirements. This solution is designed to scale and evolve, ensuring long-term support as industry requirements and standards change.
About Omnira Software
Omnira Software’s product suite, including MOSAIC, VERDAZO™, ASSET PLANNER™, PDQportfolio™, and PDQreserves™, supports critical E&P processes, including reserves management, planning, forecasting, and different operations processes, delivering efficiencies, confidence in the data, and insights for better decision-making.
Contact Information: For more information about Omnira Software’s product suite, please contact Silvia Plazas at [email protected]
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Fintech PR
URBAN REVIVO Celebrates 2024 Milestones and Unveils Ambitious Global Expansion Plans for 2025
GUANGZHOU, China, Jan. 6, 2025 /PRNewswire/ — At the dawn of a new year, the renowned fashion brand URBAN REVIVO (UR) proudly celebrates significant milestones in its international market expansion throughout 2024 and unveils ambitious plans for further global outreach in 2025. Building on a successful entry into Southeast Asian markets, URBAN REVIVO now sets its sights on major fashion capitals worldwide.
2024: A Year of Strategic Growth
In a pivotal year, URBAN REVIVO has successfully opened 9 new stores across key Southeast Asian markets including Singapore, Malaysia, Thailand, Vietnam, and the Philippines. This expansion brings the total number of the brand’s stores in the region to nearly 20. The strategic placement of these stores has not only strengthened URBAN REVIVO’s presence but also showcased its competitive edge. By tailoring each store to reflect the unique character of its city, URBAN REVIVO transforms them into urban art centers that focus on enhancing consumer experiences.
Richard Tang, CEO of URBAN REVIVO’s International Business, commented on the achievement: “As a brand committed to globalizing fashion retail, our breakthroughs in overseas markets during 2024 have been remarkable. The continuous opening of new stores reflects not just our expansion speed but also strong market confidence in URBAN REVIVO. Our performance in Southeast Asia exceeded expectations with several stores becoming profitable immediately upon opening.”
Looking Ahead: Ambitious Plans for 2025
Building on its success, URBAN REVIVO plans to expand into iconic global fashion cities such as London, New York City, Tokyo, and Hong Kong next year. This strategic move signifies URBAN REVIVO’s entry into the world’s top-tier fashion hubs. While accelerating its expansion into new markets, the brand will continue to strengthen its presence in Southeast Asia through franchising in addition to direct operations.
The brand is dedicated to refining a seamless omnichannel shopping experience that unites online platforms with physical stores. Through the strategic use of social media and live-commerce platforms, it seeks to cultivate stronger connections with consumers across the globe.
The Vision of Global Live Fashion
Established with the mission of enabling more customers access to premium, trendy, and fashion apparel, URBAN REVIVO has emerged as a prominent name in the global fast-fashion industry. Since its inception, the brand has maintained its dedication to motivating individuals who view every journey as a runway and propelling fashion into the future. This unwavering commitment has positioned URBAN REVIVO as a favored choice for trendsetters in search of innovative and distinctive wardrobe options each season.
By embracing “Global Live Fashion” as its new positioning statement, URBAN REVIVO strives to be recognized as the most engaging fast-fashion retailer globally. This goal will be achieved by providing an immersive art shopping experience that reflects the latest consumer trends, with each store offering weekly updates and displaying thousands of SKUs. Meanwhile, supported by design centers based in China and Europe, URBAN REVIVO works with over 600 designers who meticulously cater designs that meet diverse body types and aesthetic preferences across Asia and Europe, truly embodying the brand’s belief that “fashion never rests.”
About URBAN REVIVO
Founded in 2006, URBAN REVIVO (UR) is a global live fashion brand that strives to elevate affordable high fashion by offering creative, high-quality, sustainable designs. With over 400 stores in China, Singapore, Malaysia, Thailand, Vietnam and the Philippines, and an extensive online network in Europe, North America, and beyond, URBAN REVIVO ensures the highest standards through advanced supply chain management and technology. The brand’s mission is to make high-quality fashion accessible to everyone and to become the world’s most influential fashion brand.
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Fintech PR
Payroll Service Market Anticipates Strong Growth Amid Rising Automation Demand
MIAMI, Jan. 5, 2025 /PRNewswire/ — The cloud-based payroll software market is set for continued growth, with projections showing a significant increase in market value over the next few years. This trend reflects a growing reliance on automated systems to manage payroll processes, boosting efficiency and reducing manual errors.
The payroll service industry is evolving rapidly, driven by advancements in technology and shifting workforce dynamics. As 2025 begins, businesses are turning to payroll processing service providers more than ever to streamline operations, reduce costs, and ensure compliance in an increasingly complex regulatory environment.
Technological Advancements in Payroll Solutions
Payroll solutions are entering a new era, driven by cutting-edge technologies like cloud computing, artificial intelligence (AI), and machine learning. These advancements are transforming payroll management, enabling real-time data access, automating complex tasks, and minimizing errors. From precise tax calculations to seamless benefits administration and accurate employee compensation, modern payroll systems are tackling challenges with unparalleled efficiency. As businesses increasingly embrace these innovations, the role of technology in redefining payroll services continues to make headlines, highlighting its impact on streamlining operations and ensuring compliance.
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“Our clients are benefiting from faster processing times, automated compliance updates, and an overall reduction in manual work,” said Ajay Mehta, CEO of IBN Technologies. “The role of technology in payroll management cannot be overstated, and it’s helping businesses focus on growth rather than administrative tasks.”
Adapting to a Changing Workforce
Most of the top companies embrace remote, hybrid, and gig economy workforces, manage payroll processing to accommodate diverse employment models. This includes handling multi-state and international payroll, managing freelancers, and ensuring compliance with varying tax laws.
“Businesses are increasingly hiring remote workers and freelancers, making it more critical than ever for payroll service providers to ensure that they are compliant with complex regulations,” said Ajay Mehta, CEO of IBN Technologies. “Our clients can rely on us to navigate these challenges and provide seamless payroll experiences.”
Why Automation is the Future of Payroll
As 2025 unfolds, payroll services are undergoing a transformative shift, driven by automation, cloud technology, and AI. Cloud-based platforms are offering businesses unparalleled flexibility, while automation streamlines processes, reduces errors, and enhances accuracy. Integration with HR and financial systems simplifies operations, and self-service portals empower employees with greater transparency and control. Meanwhile, advanced solutions are tackling the complexities of global compliance, ensuring businesses meet international regulations. Together, these innovations are revolutionizing payroll, creating a more efficient, secure, and employee-focused experience for the modern workforce.
Modern Payroll Management
Companies like IBN Technologies is at the forefront of driving innovation and efficiency in modern business operations. By leveraging advanced technologies like automation, AI, and seamless integrations, they empower enterprises to streamline processes, enhance accuracy, and meet the demands of a dynamic global market. Focused on delivering customized solutions, IBN is transforming traditional workflows into agile, efficient systems, setting new benchmarks in operational excellence.
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
Description- Payroll services transform with AI, cloud tech, and automation, enhancing efficiency, accuracy, and compliance.
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Fintech PR
Artificial Intelligence (AI) in Trading Market to Reach USD 35 Billion by 2030, Growing at a 10% CAGR | Valuates Reports
BANGALORE, India, Jan. 3, 2025 /PRNewswire/ — AI in Trading Market is Segmented by Type (Software, Services), by Application (Automotive, IT & Telecommunication, Transportation & Logistics, Energy & Utilities, Healthcare, Retail, Manufacturing).
The Global Artificial Intelligence in Trading Market was valued at USD 18 Billion in 2023 and is anticipated to reach USD 35 Billion by 2030, witnessing a CAGR of 10% during the forecast period 2024-2030.
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Major Factors Driving the Growth of Artificial Intelligence (AI) in Trading Market:
The Artificial Intelligence in Trading market is on a robust growth trajectory, driven by the increasing adoption of AI technologies to enhance trading performance and operational efficiency. The integration of machine learning algorithms, predictive analytics, and automated trading systems is transforming the landscape of financial trading, enabling more informed and strategic decision-making. The rising complexity and volatility of financial markets necessitate advanced AI-driven solutions that can analyze vast amounts of data, identify market trends, and execute trades with precision and speed. Additionally, the continuous advancements in AI and machine learning technologies are expanding the capabilities and applications of AI in trading, making these solutions more accessible and effective for a broader range of traders and financial institutions. The growing emphasis on data-driven trading strategies, coupled with the need for competitive advantage and risk management, propels the demand for AI-driven trading technologies. As financial markets continue to evolve and embrace digital transformation, the Artificial Intelligence in Trading market is poised to achieve significant growth, driven by innovation, investment, and the increasing reliance on technology-driven trading solutions.
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TRENDS INFLUENCING THE GROWTH OF THE GLOBAL AI IN TRADING MARKET:
Software solutions are instrumental in driving the growth of the Artificial Intelligence in Trading market by enhancing the efficiency, accuracy, and speed of trading operations. Advanced trading software incorporates machine learning algorithms, predictive analytics, and real-time data processing capabilities, enabling traders to make informed decisions based on comprehensive market insights. These software platforms facilitate automated trading strategies, allowing for the execution of trades at optimal times without human intervention, thereby reducing latency and increasing profitability. Additionally, sophisticated risk management tools integrated into trading software help in identifying and mitigating potential risks, ensuring more stable and secure trading environments. The continuous evolution of trading software, with the integration of AI-driven features such as sentiment analysis and anomaly detection, further propels market growth by offering traders innovative tools to navigate complex financial markets. The increasing reliance on technology-driven trading solutions underscores the critical role of software in expanding the Artificial Intelligence in Trading market.
Services play a pivotal role in driving the growth of the Artificial Intelligence in Trading market by providing essential support and expertise required to implement and optimize AI-driven trading strategies. These services include consulting, system integration, data management, and ongoing technical support, which are crucial for financial institutions and traders looking to leverage AI technologies effectively. Professional services help organizations navigate the complexities of AI adoption, ensuring that AI models are accurately tailored to specific trading needs and market conditions. Additionally, managed services offer continuous monitoring and maintenance of AI systems, ensuring their optimal performance and adaptability to evolving market dynamics. Training and education services further enhance the capabilities of trading teams, equipping them with the necessary skills to utilize AI tools effectively. The comprehensive range of services provided by specialized firms enables seamless integration of AI technologies into trading operations, thereby accelerating the adoption and expansion of the Artificial Intelligence in Trading market.
Financial services are a major catalyst in the growth of the Artificial Intelligence in Trading market, as they are at the forefront of adopting AI technologies to gain a competitive edge in the financial markets. Investment banks, hedge funds, asset management firms, and proprietary trading firms increasingly utilize AI-driven trading systems to enhance their trading strategies, improve decision-making processes, and optimize portfolio management. The ability of AI to analyze vast amounts of financial data, identify market trends, and execute trades at high speeds enables financial services firms to achieve higher returns and manage risks more effectively. Additionally, the integration of AI in areas such as algorithmic trading, fraud detection, and customer service enhances operational efficiency and service quality within financial institutions. The growing recognition of AI’s potential to transform trading practices and deliver superior financial performance drives the continuous investment and expansion of AI technologies in the financial services sector, thereby propelling the growth of the Artificial Intelligence in Trading market.
The increasing demand for high-speed trading is a significant factor driving the Artificial Intelligence in Trading market. In today’s fast-paced financial markets, the ability to execute trades within milliseconds can provide a substantial competitive advantage. AI-driven trading systems are designed to process large volumes of data and execute trades at speeds that far surpass human capabilities, enabling traders to capitalize on fleeting market opportunities. The rise of high-frequency trading (HFT) strategies, which rely on rapid data analysis and automated execution, underscores the need for advanced AI technologies that can deliver the required speed and precision. The growing complexity and volatility of financial markets further amplify the demand for high-speed trading solutions, as traders seek to navigate rapid price fluctuations and capitalize on minute market movements. The continuous advancement of AI technologies to enhance trading speed and efficiency drives the expansion of the Artificial Intelligence in Trading market.
The availability and integration of vast amounts of financial data are crucial drivers of the Artificial Intelligence in Trading market. The proliferation of data sources, including market feeds, news articles, social media, and economic indicators, provides a rich foundation for AI algorithms to analyze and derive actionable insights. Effective integration of diverse data sets allows AI systems to develop more accurate predictive models and trading strategies, enhancing their ability to anticipate market movements and make informed trading decisions. Additionally, the advancement of big data technologies and data processing frameworks facilitates the seamless ingestion, storage, and analysis of large-scale financial data, enabling AI-driven trading systems to operate more efficiently and effectively. The increasing emphasis on data-driven decision-making in trading practices underscores the importance of robust data integration capabilities, thereby fueling the growth of the Artificial Intelligence in Trading market.
Effective risk management and mitigation are critical factors driving the Artificial Intelligence in Trading market. AI-driven trading systems offer advanced risk assessment and management capabilities that help traders and financial institutions identify, evaluate, and mitigate potential risks in real-time. Machine learning algorithms can analyze historical and real-time data to detect abnormal trading patterns, predict market downturns, and optimize portfolio allocations to minimize exposure to adverse market conditions. Additionally, AI technologies enable the development of sophisticated hedging strategies and automated stop-loss mechanisms, enhancing the ability to manage financial risks proactively. The ability to quickly adapt to changing market dynamics and implement risk mitigation measures is essential for maintaining financial stability and achieving sustainable trading performance. As the complexity and interconnectedness of financial markets increase, the demand for robust AI-driven risk management solutions intensifies, thereby fueling the growth of the Artificial Intelligence in Trading market.
Achieving a competitive advantage is a significant driver in the growth of the Artificial Intelligence in Trading market. Financial institutions and traders seek to leverage AI technologies to gain an edge over competitors by enhancing the speed, accuracy, and efficiency of their trading operations. AI-driven trading systems enable the development of proprietary trading strategies, optimize trade execution, and improve the ability to anticipate market movements, thereby increasing profitability and market share. The ability to process and analyze vast amounts of data in real-time allows traders to make informed decisions faster than competitors relying on traditional trading methods. Additionally, AI technologies facilitate the customization of trading strategies to align with specific investment goals and risk profiles, further differentiating traders in the competitive financial landscape. The pursuit of superior performance and the need to stay ahead in the highly competitive trading environment drive the adoption and investment in AI-driven trading solutions, thereby propelling the growth of the Artificial Intelligence in Trading market.
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AI IN TRADING MARKET SHARE
China and the United States are two leaders in the AI industry. On the AI 100 list (2022) released by CB Insights, the number of companies in the United States ranks first, with more than 70 companies, followed by the United Kingdom, with 8 companies on the list. China and Canada both hold 5 companies on the list. According to data from the China Academy of Information and Communications Technology, the scale of China’s core artificial intelligence industry reached ¥508 Billion in 2022, a year-on-year increase of 18%.
The Artificial Intelligence in Trading market exhibits significant regional variations, influenced by factors such as financial market maturity, technological infrastructure, and regulatory environments. North America leads the market, driven by the presence of major financial hubs like New York and Silicon Valley, advanced technological infrastructure, and a high concentration of fintech startups specializing in AI-driven trading solutions.
Key Companies:
- IBM Corporation
- Trading Technologies International, Inc
- GreenKey Technologies, LLC
- Trade Ideas, LLC
- Imperative Execution Inc
- Looking Glass Investments LLC
- Aitrades
- Kavout
- Auquan
- WOA
- Techtrader
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