Fresh ideas have the power to change the way we view the world and can lead to discoveries that will help solve some of our biggest challenges. When we invest in the innovative and creative work being done by our scientists and researchers, we are helping to ensure that our health, environment, communities and economy thrive.
Today, the Honourable Kirsty Duncan, Minister of Science and Sport, announced an investment of $10 million to support more than 40 researchers at Polytechnique Montréal. This funding is made available through the Natural Sciences and Engineering Research Council of Canada’s (NSERC) Discovery Grants program.
The investment stems from the historic $4 billion for research committed in Budget 2018 and will support graduate scholarships and post-doctoral fellowships for students in the natural sciences and engineering.
The funding is part of Canada’s Science Vision and the Government of Canada’s commitment of more than $10 billion to science, which includes the largest-ever increase in funding for fundamental research.
Minister Duncan also signed the Dimensions Charter at Polytechnique Montréal. Institutions that endorse the charter commit to embedding the principles of equity, diversity and inclusiveness in their policies, practices, action plans and culture.
“The funding announced today demonstrates our strong and enduring commitment to science and researchers. Our government has worked hard to bring science and research back to their rightful place. This historic investment in the discoveries of tomorrow is just one example of how we are achieving this goal. Congratulations to all recipients at Polytechnique Montréal.”
– The Honourable Kirsty Duncan, Minister of Science and Sport
“I am especially proud that our community is home to one of the pillars of innovation in applied sciences and technology. Polytechnique Montréal is receiving $10 million from our government to support more than 40 researchers and students, enabling them to innovate in their fields of expertise and preparing them to become key agents for change in our society.”
– Rachel Bendayan, Member of Parliament for Outremont
“NSERC’s Discovery Grants, scholarships and fellowships provide a firm foundation for the research programs of thousands of exceptional researchers at every stage in their career. These students, post-doctoral fellows and professors make up the backbone of Canada’s science and engineering research enterprise.”
– Dr. Digvir Jayas, Interim President, Natural Sciences and Engineering Research Council of Canada
“The NSERC Discovery Grants Program and related funding programs enable us at Polytechnique Montréal to further develop our researchers’ expertise. Funding permits our researchers to fully explore the depth and breadth of their creativity to pursue promising ideas in fundamental and applied sciences in sectors ranging from energy to artificial intelligence, to cybersecurity to biomedical or environmental engineering – all of this, in the effort to better serve society.”
– François Bertrand, Vice-President, Academic and Research, Senior Vice-President, Polytechnique Montréal
- The funding announced at Polytechnigue Montréal is part of an unprecedented investment of more than $588 million, announced by Minister Duncan on May 21, 2019, that will go to more than 4,850 researchers and students across the country.
- The $588 million includes $426 million in Discovery Grants going to more than 2,295 researchers across the full range of science and engineering disciplines.
- It also includes $6.2 million in Discovery Launch Supplements going to 499 early-career researchers in the first year of their Discovery Grants to help them launch their careers.
- And it includes $83 million in scholarships and fellowships to support nearly 1,700 graduate students and fellows in the early stages of their careers.
- The Government of Canada recently launched Dimensions: Equity, Diversity and Inclusion Canada. This new pilot program, which is inspired by the United Kingdom’s internationally recognized Athena SWAN Charter, will address systemic barriers in research, particularly those experienced by members of under-represented or disadvantaged groups.
SOURCE Innovation, Science and Economic Development Canada
UBS Managing Director Choo Oi Yee To Join iSTOX As Chief Commercial Officer (CCO)
iSTOX, the first regulated platform in any major global financial center to offer end-to-end issuance, custody, and trading of digitized securities, is pleased to announce the appointment of Choo Oi Yee as its first Chief Commercial Officer (CCO).
Choo has over 20 years of experience in the investment and banking industry, most recently as Managing Director and Head of Singapore Corporate Client Solutions for UBS, where she was responsible for UBS Singapore’s investment banking business. In her new role at iSTOX, Choo will be a key member of iSTOX’s management team responsible for driving the company’s overall business growth by building its network of investors and issuers. She will join the iSTOX team in January of 2020.
“I see some truly fundamental changes on the horizon for capital markets and I believe that Singapore — and the iSTOX team — are uniquely well positioned to take advantage of them,” she said. “I’m very excited to be joining the team and look forward to helping iSTOX grow into the platform of choice for 21st century issuance and investment.”
Choo’s appointment comes at a strategically important period for the company; iSTOX has initiated plans to grow its base of issuers and investors as it works towards graduation from MAS’s Fintech Regulatory Sandbox in early 2020.
“It was clear to us that we needed someone with Oi Yee’s stature, reputation, and experience for our CCO role. Among other requirements, we needed someone with deep securities, issuance, and trading experience at a very senior level; someone with outstanding relationships with major institutional investors, business leaders, family offices, and others; and, most importantly, someone with a deep and instinctual understanding of the challenges and opportunities facing issuers and investors,” said Danny Toe, Founder and Chief Executive Officer of ICHX.
“We are pleased to welcome Oi Yee to the team as we open up applications for iSTOX investor accounts and plan an exciting issuer pipeline ahead of our projected sandbox graduation early next year,” said Darius Liu, Co-Founder and Chief Strategy Officer of iSTOX.
Euromoney TRADEDATA Partners With UK FinTech ipushpull to Create On-demand ‘Data-as-a-service’
Euromoney TRADEDATA is pleased to announce a strategic partnership with ipushpull, a powerful data sharing and workflow platform.
Euromoney TRADEDATA recognises that the on-demand model is the future of data consumption, particularly within community chat and messaging networks, as part of a suite of delivery systems required to service all parts of the market that need futures and options reference data.
Through a single connection to ipushpull, Euromoney TRADEDATA can distribute data into a variety of applications including Symphony, the secure collaboration platform, with nearly half a million connected financial market users. The ipushpull platform provides Euromoney TRADEDATA with new distribution channels for secure, audited, access-controlled data delivery.
Mark Woolfenden, Managing Director of Euromoney TRADEDATA, comments:
“This is a very important integration for Euromoney TRADEDATA, as we begin to experiment with embedded, on-demand workflow functionality and delivery systems for our reference data. We recognise ipushpull as a leading exponent in data sharing workflow technology and we expect further benefits from their connections to other community messaging solutions. Also, as part of the offering, we can now offer a functionally rich Excel plugin for desktop users to access our reference data, which integrates seamlessly within users’ existing workflows. In addition, we look forward to working with ipushpull to develop a clutch of bots, to further enhance our customers’ experience in using our data services.”
Matthew Cheung, CEO of ipushpull, comments:
“We’re excited to offer Euromoney TRADEDATA new avenues to deliver and monetise their data to a variety of desktop and cloud services. We see this innovative approach as the first step towards an on-demand ‘Netflix’-style distribution model for data producers and consumers.”
SOURCE Euromoney TRADEDATA; ipushpull
360 Finance’s LendingAdda Launches Diwali Offers
LendingAdda consumer lending marketplace owned by parent company 360 Finance (NASDAQ: QFIN) announces Diwali offer for credit card holders. On 6th October, SBI announced a bumper Diwali offer for its credit card holder; on 10th October, the State Bank of India approved a ten percent discount for its credit card users; on 14th October, LendingAdda launched the credit card function, and AMEX, SBI, Citi banks’ cards are included.
Due to India’s inefficient banking system, most people do not have a credit history, which leads to lower utilization of credit cards and limited accessible for many.
In this condition, fintech companies empower people’s lives compared with banks. LendingAdda, a digital finance platform, has integrated more diversified financial services. Its innovative data-driven and behavioral risk management models can help overcome barriers that arise from a lack of widespread and robust credit scoring.
Prantik Ray, professor of finance at XLRI-Xavier School of Management at the University of Minnesota, has stated that digital finance can be instrumental in providing credit ratings and potentially be leveraged in other areas. In essence, online finance can help create more possibilities in people’s lives.
LendingAdda evaluates a user’s credit based on big data and selects the most suitable loan and credit card product offers for consumers using intelligent matching. So far, it has offered lending services to more than 4 million Indians, and the number of borrowers is multiplying.
Most importantly, LendingAdda’s products cover almost every part of a user’s daily life: microfinance, credit cards, commercial loans, mortgages, auto loans, medical loans, education loans, etc., and its interest rate is usually lower than banks.
Additionally, LendingAdda has a higher credit line (up to 10 lakhs), which can almost always meet the borrowing needs of consumers, and the money arrival rate is less than 5 minutes, which was much faster than the bank.
With the help of LendingAdda, Moham finally got his wish of buying an iPhone for his girlfriend, which he thinks will help him bring greater happiness to his life.
How does LendingAaad help people accomplish their dreams?
Compared with many other enterprises, LendingAdda has world-class technology that enables it to offer a highly secure lending process with tailored products and services that help serve the daily lives of its users.
SOURCE 360 Finance, Inc.
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