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Alibaba Cloud Obtains Global Security and Compliance Accreditations in Multiple Industries

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Alibaba Cloud, the data intelligence backbone of Alibaba Group, today announced that it had obtained two new globally recognised security and compliance accreditations in the automobile and healthcare industries. These underline Alibaba Cloud’s ongoing commitment to meeting the highest standards across sectors and geographies, making it easier for businesses of all sizes to use cloud computing and data intelligence technologies.

Completing Level 3 assessment in TISAX

Alibaba Cloud obtained the highest Level 3 assessment in TISAX (Trusted Information Security Assessment Exchange) in an audit conducted by PwC in Germany. Founded in 2017 by the German Automobile Industry Association (VDA) and regulated by the European Network Exchange, TISAX is an automobile industry assessment of service providers’ level of compliance with stringent information security requirements.

Independent auditor PwC conducted a thorough on-site inspection of Alibaba Cloud’s data centers in Germany and a series of interviews to review the company’s controls and management. For Alibaba Cloud’s automotive customers, the assessment will help reduce the effort and expense involved in conducting individual assessments when they engage the company to handle their highly sensitive information. The accolade is also significant given the future of autonomous driving platforms and their use of data.

“TISAX assessment is an important benchmark for service providers in the automotive industry when it comes to safeguarding customers’ highly sensitive data. Following a thorough review of Alibaba Cloud’s data centers in Germany and its internal controls across the board, we are happy to announce that the currently highest available Level 3 certification of the assessed Alibaba Cloud Services are available via the ENX portal,” said Aleksei Resetko, Partner in Cybersecurity & Privacy at PwC Germany.

GxP readiness recognized

Alibaba Cloud has also completed the Good “x” Practice (GxP) readiness assessment for the healthcare industry under the US Food and Drug Administration (FDA) regulations on Electronic Records and Electronic Signatures (ERES). The audit was conducted by RSM LLC, a US-based independent third-party, but this standard will apply to Alibaba Cloud’s customers in multiple jurisdictions.

The review included an assessment of the products offered by Alibaba Cloud, as well as the security controls of the platform itself and the company’s ability to maintain compliance in the future. In addition, Alibaba Cloud issued a whitepaper that looked at the requirements of the Health Insurance Portability and Accountability Act, covering the compliance of multiple products and services.

“At RSM, we understand the importance of protecting sensitive information, and we were happy to participate in the completion of important compliance efforts to further the robust security program within Alibaba Cloud. As we see with many of our clients, adherence to GxP, including regulations such as HIPAA and 21 CFR Part 11, is one of the cornerstones of a robust cloud solution,” said Greg Vetter, Security Principal at RSM.

“We continue to strive for the highest international standards and these latest achievements provide clear evidence of the successful ongoing expansion of our services. Alibaba Cloud is also fully committed to inspiring confidence in products from a broader range of customers, which third-party accreditation clearly provides. Achieving these multiple accreditations reflects our alignment with the best providers in these industries and expands our business influence globally,” said Yuanbin Zheng, Head of Security Compliance and Privacy at Alibaba Cloud Intelligence.

Ensuring these high standards in the healthcare and automobile industries is a response to growing customer demand. It is also a reflection of the levels of dynamism and innovation in these two sectors, which offer some of the biggest opportunities for cloud computing. Other business units within the Alibaba Group will also be able to leverage these accolades for their own work within these industries.

Earlier this year, Alibaba Cloud also completed an assessment for compliance with the broker-dealer media requirements put into effect by the US’s Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA). Alibaba Cloud’s Object Storage Service (OSS) is the only cloud service in China that has passed the audit compliance assessment run by the US-based Cohasset Associates and can meet the regulators’ requirements for retaining electronic records. Although originated in the US, these regulatory standards allow Alibaba Cloud to serve more customers across the global financial industry.

These international recognitions are key to Alibaba Cloud’s ongoing expansion and drives engagement and understanding between the company, regulators and clients in new markets. As part of its commitment to complying with local regulations and industry standards across 20 global regions, Alibaba Cloud has obtained more than 70 security and compliance accreditations worldwide.

 

SOURCE Alibaba Cloud

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Invitation to presentation of EQT AB’s Q1 Announcement 2024

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STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.

The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.

To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.

The webcast can be followed live here and a recording will be available afterwards.

Information on EQT AB’s financial reporting

The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.

The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.

Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]

Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/eqt/r/invitation-to-presentation-of-eqt-ab-s-q1-announcement-2024,c3956826

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Invitation to presentation of EQT AB’s Q1 Announcement 2024

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EQT AB Group

 

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Kia presents roadmap to lead global electrification era through EVs, HEVs and PBVs

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  • Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
  • Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
  • Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
    • Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
    • PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
  • Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
  • 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
  • CEO reaffirms Kia’s commitment to ESG management

SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.

Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.

During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.

The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.

“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”

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BioVaxys Technology Corp. Provides Bi-Weekly MCTO Status Update

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VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.

As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.

The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.

Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.

About BioVaxys Technology Corp.

BioVaxys Technology Corp. (www.biovaxys.com), a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit www.biovaxys.com and connect with us on X and LinkedIn.

ON BEHALF OF THE BOARD

Signed “James Passin
James Passin, Chief Executive Officer
Phone: +1 646 452 7054

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