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THE LEGACY PROJECT: CAREER READY COLLECTIVE ANNOUNCES PROGRAM DATES AND CURRICULUM

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GREATER DES MOINES, Iowa, May 23, 2024 /PRNewswire/ — Community partners have announced the program dates and curriculum for The Legacy Project: Career Ready Collective.

The Career Ready Collective is a community-driven, career development program to prepare youth for the future of work. The Career Ready Collective is funded by the Principal Charity Classic’s Legacy Project with support from Sammons Financial. The primary objective of the Career Ready Collective is to introduce youth to a variety of professional skills that will increase their knowledge and confidence. Participants will be inspired by nationally recognized keynote speakers, develop their professional skills and network with interns and business professionals from across the region. The curriculum and program have been developed by The Partnership with support from The Robert D. and Billie Ray Center at Drake University.

Career Ready Collective’s program will run for six weeks, meeting on Fridays between June – July.

The session topics are:

  • June 14: Collaboration and Communication
  • June 21: Professional Presence and Moral and Performance Character
  • June 28: Networking and Knowing How to Tell Your Story
  • July 12: Growth Mindset and Managing Stress
  • July 19: Personal Finance and the Goal Achievement Process
  • July 26: Celebration Luncheon, Certificate Ceremony and Small Group Reflection

The Career Ready Collective programming aligns with the goals of The Partnership’s DSM Workforce Collaborative as they share the common goal of enhancing workforce readiness through professional development and work-based learning experiences. Both programs emphasize the importance of equipping youth and professionals with the skills and resources necessary to thrive in today’s dynamic job market. Additionally, both programs empower individuals with the tools and knowledge needed to succeed in their future careers and contribute positively to the economic growth of the Great Des Moines region.

“We are excited to unveil the curriculum that the Career Ready Collective program will focus on this summer highlighting important topics that can help prepare the youth of our community for their futures,” said Lexi Shafer, Director of Workforce at The Partnership. “We are energized to empower the younger generation as they prepare for possible career paths in the Greater Des Moines region.”

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“The Legacy Project embodies the Principal Charity Classic’s mission of improving the lives of Iowa youth. We look forward to seeing The Legacy Project: Career Ready Collective’s new curriculum come to life this summer, and, more importantly, how interns use it to shape their professional development,” said Jo Christine Miles, director, Principal® Foundation and Principal Community Relations.

To learn more about how you or your organization can support the Career Ready Collective, and how youth can get involved, please contact Lexi Shafer, Director of Workforce, Greater Des Moines Partnership, at [email protected].

Learn more about keynote speakers and breakout topics by visiting The Partnership’s website.

About the Greater Des Moines Partnership 
The Greater Des Moines Partnership is the economic and community development organization that serves Greater Des Moines (DSM), Iowa. Together with 23 Affiliate Chambers of Commerce, more than 6,500 Regional Business Members and more than 400 Investors, The Partnership drives economic growth with one voice, one mission and as one region. Through innovation, strategic planning and global collaboration, The Partnership grows opportunity, helps create jobs and promotes DSM as the best place to build a business, a career and a future. Learn more at DSMpartnership.com.

Contact:
Kyle Oppenhuizen
[email protected]
(515) 286-4972
Learn More About DSM USA

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InScope secures $4.3m to revolutionise financial reporting and auditing

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InScope, a newly launched FinTech company, has successfully raised $4.3 million to expand its innovative financial reporting and auditing platform.

According to PYMNTS, the funding round included significant contributions from prominent investors such as Lightspeed and Better Tomorrow Ventures.

InScope is focused on transforming the traditional processes of financial reporting and auditing for private companies. The company leverages advanced technologies, including generative AI and large language models, to automate and streamline the compilation of financial statements—tasks that have historically been prone to errors and required extensive manual effort.

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The new capital will be used to enhance InScope’s platform capabilities. The company aims to shift accountants’ focus from laborious manual tasks to more strategic initiatives, thereby empowering finance professionals with tools to complete reporting and auditing tasks quickly and efficiently.

InScope’s system compiles data from a company’s core systems, such as ERP, along with publicly available information, and transforms these inputs into GAAP-compliant financial and audit documents.

InScope CEO and co-founder Mary Antony stated, “Our technology dramatically reduces the time and effort required for financial reporting and auditing, eliminating the need for outdated manual processes.” Her co-founder and COO, Kelsey Gootnick, also emphasized the transformative potential of InScope, which they conceived out of their own frustrations with existing financial processes.

The company has already begun collaborating with a select group of companies to refine and enhance their financial reporting capabilities. JC Bahr-de Stefano, a venture capital investor at Better Tomorrow Ventures, commented on this partnership: “InScope is already working with a handful of companies to help streamline their financial reporting needs and enable accountants to complete their reporting tasks in minutes instead of months.”

Source: fintech.global

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Citi extends USD Clearing service to Middle East in partnership with Emirates NBD

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Citi has partnered with Dubai-based banking group Emirates NBD to launch its USD Clearing service in the Middle East.

Through this collaboration, Emirates NBD will offer the USD Clearing service, along with its commercial and treasury payment execution capabilities, to corporate and retail clients via its branch networks in the UAE and Saudi Arabia. This service will enable clients to make cross-border USD payments with continuous availability, addressing current payment flow challenges posed by varying transaction cut-off times in the UAE.

“The introduction of 24/7 USD Clearing will support the growth ambitions of our clients by giving them the ability to seamlessly transfer funds in a timely manner without having to worry about cutoffs and holidays,” said Ahmed Al Qassim, group head of wholesale banking at Emirates NBD.

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Following the initial launch, the service will be extended to all Emirates NBD branches in the Middle East and globally, including partnerships with third-party institutions.

According to its website, Emirates NBD currently operates 853 branches in the UAE, Egypt, India, Turkey, Saudi Arabia, Singapore, the UK, Austria, Germany, Russia, and Bahrain.

Shahmir Khaliq, Citi’s head of services, described the collaboration as “an important step in our journey to creating a multibank solution that is designed to deliver an end-to-end, ‘always on’ experience for participant banks and their customers.”

“Our 24/7 USD Clearing service is a clear differentiator in the market,” Khaliq continued. “It demonstrates the full value of our globally leading cross-border payments and clearing capabilities, which enable our clients to make payments faster and in a more efficient and transparent manner.”

Source: fintechfutures.com

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New partnership between BIS and MAS targets climate risks in finance

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The Bank for International Settlements (BIS) and the Monetary Authority of Singapore (MAS) have recently collaborated on an innovative initiative.

The BIS, an institution dedicated to fostering international monetary and financial cooperation, and the MAS, Singapore’s central bank responsible for monetary policy, financial regulation, and supervision, have teamed up to tackle a pressing global challenge.

Their partnership aims to develop a blueprint for a climate risk platform designed to integrate regulatory and climate data. This platform will enable financial authorities worldwide to better identify, monitor, and manage climate-related risks within the financial system.

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The BIS, through its Innovation Hub Centre in Singapore, is addressing financial stability concerns posed by climate change. The MAS adds its regulatory expertise and focus on sustainable finance to the effort. Both institutions recognize the complex challenges posed by climate change, including significant data gaps and the difficulty of assessing associated risks.

Project Viridis, led by the BIS Innovation Hub, outlines the essential features and metrics of the proposed climate risk platform. This platform is designed to provide comprehensive data on financed emissions, exposure to physical risks, and forward-looking assessments under various climate scenarios. As the impact of climate change on global financial markets escalates, adaptive and innovative responses are necessary.

The partnership also leverages advanced technologies such as natural language processing to extract and analyze climate-related data from corporate disclosures. This enables a deeper understanding of financial institutions’ climate-related risks and identifies potential areas requiring more intensive risk assessment.

Maha El Dimachki, head of the BIS Innovation Hub Singapore Centre, stated, “Project Viridis demonstrates how regulatory data can be integrated with climate data, extracted from corporate disclosure documents using natural language processing techniques. This provides authorities with insights into climate-related financial risks, helping them form an initial view of financial institutions’ risk exposures and identify areas that may require deeper risk assessment.”

Source: fintech.global

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