AMSTERDAM, April 29, 2024 /PRNewswire/ — Merrill Lynch B.V. today informs its security holders that its Annual Financial Report for the year ended December 31, 2023, together with the audit report, has been filed with the Netherlands Authority for the Financial Markets (the “AFM”), the competent authority of the Netherlands, Merrill Lynch B.V.’s home Member State.

Merrill Lynch B.V. makes available free of charge on its website its Annual and Half-Yearly Financial Reports filed with the AFM as soon as reasonably practicable after Merrill Lynch B.V. electronically files these documents with the AFM. These documents are posted on Bank of America Corporation’s website at http://investor.bankofamerica.com/financial-information/subsidiary-and-country-disclosures#fbid=C0rA-iMt6oC under “Subsidiary and Country Disclosures / Subsidiary Information”. 

The AFM maintains a website that contains reports and other information that issuers are required to file with it. These materials may be obtained electronically by accessing the AFM’s page at https://www.afm.nl/nl-nl/sector/registers/meldingenregisters.

Copies of the above referenced information will also be made available, free of charge, by calling +31-20-5925-606 or upon written request to:

Merrill Lynch B.V.
Amstelplein 1, Rembrandt Tower, 27 Floor
1096 HA Amsterdam
The Netherlands

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AUSTIN, Texas and LONDON, April 29, 2024 /PRNewswire/ — Synthetik has announced the successful demonstration of their “Flood Data Collection and Analysis” platform, Flowcore – an end-to-end tool for modeling of flood scenarios and prediction of resulting damage and financial/insurance losses. Flowcore incorporates Synthetik’s proprietary GPU-accelerated flood simulation code, and uniquely leverages artificial intelligence (AI) to deliver results in seconds on standard laptop systems – enabling measurement of cumulative events or high-volume probabilistic analysis.

Flowcore has undergone significant validation using real world events and was used to recreate a flash flooding event in Fort Lauderdale, FL from April 2023 with virtually perfect accuracy at unprecedented speeds.

Flowcore meets the Federal Emergency Management Agency (FEMA) and National Flood Insurance Program’s (NFIP) objectives of better understanding historical flood impact, real-time analysis and damage forecasting for future events across the country and represents a step-change in scalability for physics-based flood simulation. Flowcore is already being marketed and utilized by Synthetik’s partners in the insurance industry.

Josh Hatfield, Director of Research and Development for Synthetik said:

‘Climate change is rapidly and radically changing the landscape of risk in climate-related events, so we are delighted with the success of Flowcore and its potential to assist public and private sector partners in understanding and predicting flooding damage, and to help guide disaster mitigation efforts across impacted communities.’

Synthetik COO Tim Brewer commented:

‘Flowcore joins our successful products for insurance analytics based on the characterization of assets, perils and vulnerability that deliver industry leading intelligence to insurance companies and risk holders all over the world. We’re motivated to extend this framework to a wide-range of insurable assets and perils including human and climate-based threats to deliver on our mission of developing breakthrough technology for a safer world.’

For all inquiries: Contact Synthetik Applied Technologies PR [email protected] 

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