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Symphony showcases its community innovations at flagship conference, including interoperability with Microsoft Teams

Symphony Communication Services

Symphony, the leading markets’ infrastructure and technology platform, will be interoperable with Microsoft Teams, it was announced at the company’s flagship event Symphony Innovate in New York on April 18th. The solution demonstrated two distinct capabilities to connect users on Symphony securely with Teams: connecting internal Teams users natively through Symphony’s directory and bi-directional chats with external contacts on WhatsApp, SMS and WeChat, through the embedded Symphony Connect app, complementing the firm’s existing video integration. Video. For the first time, Symphony showcased the power of AI when used with its Cloud9 Trader Voice product. The new generative AI-powered and AI noise-suppressed solution provides high-accuracy transcription and intelligence to voice trading interactions, extracting detailed analysis with models trained in trading floor jargon, informing strategic decisions, improving trader efficiency, and simplifying customer risk management. Through the use of AI, the solution supports deal tagging, allowing users to extract deal-related information from voice calls such as price, quantity, and asset class, to build a comprehensive, concise transaction summary. Symphony’s specialized language models are being used to identify relevant keywords, phrases, or context to mark a conversation as a deal confirmation call. Video. With the T+1 settlement cycle fast approaching, the operations directory showcased the ease of finding and connecting with peers, expediting issue resolution, and exception management on Symphony. The Depository Trust & Clearing Corporation took to the stage to help share Symphony’s embedded collaboration platform (ECP) integration with Central Trade Match (CTM), DTCC’s platform to allocate and centrally match transactions globally. This integration - currently being piloted - will allow users to communicate with counterparties directly, reducing context switching and manual data entry to streamline post-trade matching and confirmation, an important aspect of T+1. Video. Another five ECP use cases were shown on stage in a clear validation of the relevance of Symphony’s interoperability play to the industry. CEO Brad Levy said: “Innovate is the forum where Symphony’s industry-leading customers and partners get to showcase the innovations built on our platform. We are proud to be connecting people and companies in a distributed, flexible, and interoperable way, through the right tech stack and infrastructure.” He explained: “In a time where firms must choose to disrupt or be disrupted, Symphony has the right technology to drive innovation and move with precision in a time of uncertainty.” CEO keynote video. Among the industry leaders on stage showcasing the community innovations were John Hoffman from DTCC, Guilis Aquino, Ella White, and David Feldman from Citi, Afzal Memon and Kate Finlayson from JP Morgan, Mike Torregrossa from UBS, Peter Williams and Anand Gupta from Wells Fargo, Brandi Love from RBC, Nigel Someck from MDXT, Sid Bhandari from Loanbook, Omar Gazarin and Rahul Ravikrishnan from Eidosmedia, Paul Taylor from HUB, Eslam Gebriel from Goldman Sachs, Steve Surdykowski from Capital One, Mauricio Sada-Paz and Robert Mackenzie Smith from Bank of America, Sarah Schaffer from BlackRock, Venu Bolisetty and Thomas Dolan from 28Stone, Philip Slavin and Kishan Bharwad from Taskize, Miguel Ferreria from Euroclear Bank, Colin Duggin from TP ICAP, Matthew Cheung from ipushpull, and Mohamed Khalifa from JP Morgan Private Bank. Symphony’s new virtual number solution was introduced as a way for firms to provide employees with a convenient, centralized, and compliance-friendly identity for communication across mobile voice, SMS, and social messaging applications. Symphony has partnered with Umony, a telecommunications compliance specialist, to capture and archive mobile communications, while summarizing call transcripts, analyzing sentiment, and flagging compliance risks using Umony trained LLMs for true end-to-end, GenAI-powered communications compliance. Video. More than 200 leaders joined Symphony Innovate 2024 in person, and over 400 professionals globally watched live online. You can view all Innovate 2024 sessions here. More session videos: Welcome and opening RBC/MDXT NewBridge LoanBook Eidosmedia Wells Fargo HUB In Conversation: Market Structure Evolution Citi 28Stone Taskize & Euroclear Bank TPICAP & ipushpull About Symphony Symphony is the most secure and compliant markets’ infrastructure and technology platform, where solutions are built or integrated to standardize, automate and innovate financial services workflows. It is a vibrant community of over half a million financial professionals with a trusted directory and serves over 1000 institutions. Symphony is powering over 2,000 community built applications and bots. For more information, visit www.symphony.com. Contact Details Odette Maher +44 7747 420807 odette.maher@symphony.com Company Website https://symphony.com/

April 29, 2024 08:24 AM Eastern Daylight Time

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Florida Governor Signs Bill Increasing Motor Vehicle Exemption in Bankruptcy

Van Horn Law Group, P.A.

The Florida Governor today signed bill SB158 into law, which increases the value of motor vehicles owned by individuals in bankruptcy. The bill raises the motor vehicle exemption from $1,000 to $5,000, enabling more people to keep their cars during bankruptcy proceedings. The previous $1,000 exemption was one of the lowest in the nation. The law was initially put forth during the 2022 legislative session by Rep. Michael Gottlieb and Rep. Christopher Benjamin at the behest of Fort Lauderdale bankruptcy attorney Chad Van Horn. While both the Florida House and Senate approved the bill at the time, it was not signed into law by the governor. At this year’s legislative session, the bill, sponsored by Rep. Christopher Benjamin and co-sponsored by Rep. Gottlieb, Rep. Dotie Joseph and Rep. Johanna Lopez. It was signed into law today by Governor Ron DeSantis. “I pushed for this change because I see hundreds of people each year lose their transportation in bankruptcy proceedings, which makes it harder for them to work and perpetuates the downward spiral into financial insecurity and distress,” said Chad Van Horn, founding partner attorney of Van Horn Law Group. “Although it took two years, I’m still extremely gratified the motor vehicle exemption was approved as it will provide much-needed assistance to individuals in dire financial circumstances.” Van Horn Law Group, P.A. among the top bankruptcy firms in the nation based on number of cases filed in the last 12 months (pacer.gov), is dedicated to restoring peace of mind to individuals in financial distress by providing first-rate, affordable legal services with compassion, understanding and respect. The firm practices in the areas of personal and corporate bankruptcy, student loan consolidation and litigation, foreclosure defense, corporate reorganization, debt negotiation, civil litigation, debt relief, personal injury and consumer law. Van Horn, the author of Everything You Need to Know About Bankruptcy in Florida and The Debt Life, is certified in business and consumer bankruptcy. Van Horn Law Group, P.A. is headquartered in Fort Lauderdale with satellite offices in Doral, Miramar and Orlando. For more information about Van Horn Law Group, call (954) 637-0000 or visit www.vanhornlawgroup.com. ### Contact Details Cindy Schutt PR Cindy Schutt +1 954-805-0361 cindy@schutt.com Company Website https://www.vanhornlawgroup.com/

April 26, 2024 05:34 PM Eastern Daylight Time

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AmeriLife’s The Senior Resource Group Partners with Bobby Brock Insurance and Camas Prairie Insurance to Transform Medicare Choice

AmeriLife

The Senior Resource Group, (SRG), a leading, national field marketing organization (FMO) for the industry’s leading insurance carriers and an affiliate of AmeriLife Group, LLC (“AmeriLife”), announced today that it has entered into a partnership with Bobby Brock Insurance (BBI), a leading national health insurance agency and founding sponsor of MedicareCon, a highly regarded annual Medicare and health insurance conference for licensed and entrepreneurial health insurance agents. In a separate but related deal, SRG also welcomed Camas Prairie Insurance (CPI), a central Idaho-based, family owned and operated health insurance agency and downline partner of Bobby Brock Insurance (which will continue to operate as such). Per both agreements, terms were not disclosed. “We are so excited to partner with the Bobby Brock Insurance and Camas Prairie Insurance teams,” said Shane Souders, co-founder of The Senior Resource Group. “[BBI CEO] Justin is a trusted voice for the Medicare broker community and an incredible business leader, while [CPI owner] Josh Lustig is a great young leader and one of the best sales trainers and motivators in the business today. SRG, BBI and CPI, with the support of AmeriLife, are aligned with complementary skillsets that will make us one of the most dynamic Medicare agency partnerships in the country.” Founded by Bobby Brock in 1992, Bobby Brock Insurance operates as a national brokerage firm and call center that specializes in ACA plans for the under-65 market, Medicare Supplement plans, Medicare Part D plans, and Medicare Advantage. In 2014, Bobby Brock’s son and the company’s current CEO, Justin Brock, left the Marine Corps to pursue a career as a licensed Medicare agent. The younger Brock saw a need to breathe fresh air into the marketing, service, and team building aspect of the industry, and quickly established a thriving culture and expanded value proposition for both agents and consumers with the concepts he learned as an Operator in the Marine Corps. Soon thereafter, he acquired his father’s book of business along with a number of other agencies, consolidating them under the Bobby Brock name in honor of his father. Today, Bobby Brock Insurance is setting the industry standard. In 2023, it was named to the prestigious Inc. 5000 list as one of the fastest-growing private companies by revenue in the United States. The company has also won multiple industry awards for its one-stop insurance agency solution, GoGuru, and has become prolific in its use of social media to promote and foster the sharing of information between agents and brokers. “Our industry needs agents and brokers to focus on consumers’ needs first,” said Justin Brock. “If we can work towards an environment that rewards quality outcomes while creating efficiencies that allow our sales representatives to replicate the process often and with ease, we can prove that there is no better distribution model than through licensed life and health insurance agents. We are confident that our synergies with AmeriLife, SRG, and CPI will amplify our ability to achieve that goal.” Camas Prairie Insurance, a family-run, health brokerage established in 1996 by Dominic and Gina Lustig, primarily focuses on the Medicare and health insurance market. The company has experienced rapid growth over the past several years under the leadership of owner and CEO Josh Lustig, building upon a foundation centered on its “just do the next right thing” approach and an intense focus on educating clients on their health care needs. “This partnership is a watershed moment in Camas Prairie Insurance’s history,” said Josh Lustig, who is also the founder of Thrive, a personal and business development seminar program focused on helping agents grow their business. “I truly believe that, together, we are building something incomparable in our space for today’s individual agent and agency owner, and I couldn’t ask for better partners on this journey than Shane, Justin, Bobby Bache and the entire team at AmeriLife.” Now, as part of the AmeriLife family of companies, Bobby Brock Insurance and Camas Prairie Insurance will gain access to one of the industry’s largest independent health distribution platforms and a growing suite of products and solutions that is setting a standard for excellence in the industry. “Today is an incredible day for The Senior Resource Group and AmeriLife,” said Scotty Elliott, Chief Distribution Officer of Health for AmeriLife. “I couldn’t be more excited to welcome two companies of their reputation and caliber to our growing distribution network. Together, our opportunities for growth are limitless.” “One of the reasons I partnered with AmeriLife as an affiliate back in 2020 was for this very reason: to get to work with not only the best people in the industry, but people that have been my friends for years,” added Bobby Bache, vice president of Health Distribution for AmeriLife. “I’m thrilled to welcome Justin and Josh to AmeriLife and look forward to helping grow their respective businesses in new and exciting ways.” Bobby Brock Insurance and Camas Prairie Insurance will continue to operate as stand-alone businesses out of their Tupelo, Miss., and Grangeville, Idaho offices, respectively, under the leadership of Brock and Lustig, who will be supported by Souders. ### About The Senior Resource Group The Senior Resource Group was founded in 2008 by insurance brokers who understand the needs of agents in the field. Today, The Senior Resource Group is a premier field marketing organization for an array of national insurance carriers providing Medicare Supplement policies, Medicare Advantage plans, life insurance, final expanse plans and financial products in 25 states. The team at The Senior Resource Group provides the tools, support, and training necessary for success in the insurance industry. For more information, visit TheSeniorResourceGroup.com. About Bobby Brock Insurance Bobby Brock Insurance is a family-owned and operated insurance agency located in the heart of Tupelo, Mississippi. Founded by Bobby Brock in 1992, BBI has always been dedicated to providing top-quality insurance services in the community. The BBI team is made up of experienced, knowledgeable professionals who are passionate about helping clients find the coverage they need at a price they can afford with a personalized approach and commitment to customer service. For more information, visit BobbyBrockInsurance.com. About Camas Prairie Insurance Camas Prairie Insurance is an independent insurance agency that has been and is still devoted to overseeing the insurance needs of Grangeville, Idaho, for over 25 years. Camas Prairie Insurance is connected to a wide selection of carriers offering insurance programs and financial services which are readily available to residents of Grangeville. Camas Prairie is proud to provide insurance producers services to wade through paperwork, clarify policy options, design personalized plans, and supply the best coverage for our members’ needs. For more information, visit CamasPrairieInsurance.com. About AmeriLife AmeriLife’s strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. In doing so, AmeriLife has become recognized as the leader in developing, marketing, and distributing life and health insurance, annuities, and retirement planning solutions to enhance the lives of pre-retirees and retirees across the United States. For more than 50 years, AmeriLife has partnered with top insurance carriers to provide value and quality to customers served through a distribution network of over 300,000 insurance agents and financial professionals and more than 100 marketing organizations and insurance agency locations nationwide. For more information, visit AmeriLife.com, and follow AmeriLife on Facebook and LinkedIn. Contact Details Media Jeff Maldonado media@amerilife.com Partnership Inquiries Patrick Nichols corporatedevelopment@amerilife.com Company Website https://amerilife.com/

April 25, 2024 12:00 PM Eastern Daylight Time

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Shareholder to Return to Berkshire Hathaway Annual Meeting One Year After Arrest in Omaha

NLPC

As the annual meeting for Berkshire Hathaway Inc. on May 4 in Omaha approaches, National Legal and Policy Center Chairman Peter Flaherty plans a return to the same stage where last year, while presenting NLPC’s shareholder proposal, Warren Buffett cut off his speech and Flaherty was arrested. Trumped-up charges against Flaherty were later dropped. NLPC has another proposal on Berkshire’s 2024 proxy statement and Flaherty is scheduled to speak on the measure for his allotted five minutes. The nonprofit corporate watchdog released a short video that briefly recounts last year’s incident and points out Mr. Buffett’s contradictory positions on how he manages shareholder meetings. The video may be found on NLPC’s website: https://nlpc.org/corporate-integrity-project/video-nlpc-returns-to-berkshire-hathaway-annual-meeting-one-year-after-chairmans-arrest/ The video highlights a past statement Mr. Buffett made to CNBC. Responding to an interviewer’s question about Berkshire allowing investors who attend the popular annual meeting to ask any question they want, Mr. Buffett responded, “We’ve got a partnership feeling toward the people who have given us their money, and we don’t screen ‘em, and they can ask whatever’s on their mind.” However, last year Mr. Buffett made an exception to that principle when Peter Flaherty – during his official remarks presenting NLPC’s shareholder proposal, which was on the meeting agenda – brought up Mr. Buffett’s relationship with billionaire Bill Gates, their shared philanthropic efforts, and Mr. Gates’s troubling relationship with deceased pedophile Jeffrey Epstein. At that point, Flaherty’s microphone was silenced, and security and Omaha law enforcement forcibly walked him out of the arena and to a local police precinct, where he was arrested, booked, fingerprinted and held for about three hours. As NLPC argued last year in a report to the Securities and Exchange Commission, Berkshire’s identity is inextricably linked with Mr. Buffett’s. As such, his philanthropic activities and personal associations are fair targets for criticism, unlike those of nearly any other corporate Chairman/CEO. NLPC also filed a complaint with the SEC late last year over Berkshire’s inappropriate treatment of Flaherty at the meeting. “Warren Buffett boasts that shareholders can ask questions on any topic they desire, but I guess that doesn’t include questions about Bill Gates or Jeffrey Epstein,” Flaherty said. This year’s shareholder proposal addresses concerns about Berkshire’s risk vulnerabilities over the amount its sales and supply chain depend on China. Subsidiaries such as Duracell and Fruit of the Loom, and significant investments such as Apple and Coca-Cola, substantially depend on access to the communist nation. NLPC also filed a proxy memo with the SEC in support of this year’s proposal. The video released by NLPC concludes by wondering if Mr. Buffett will keep his word, and let all Berkshire investors say “whatever is on their mind.” For more information or to schedule an interview with Paul Chesser, contact Dan Rene at 202-329-8357 or drene@nlpc.org. Please visit http://www.nlpc.org. Founded in 1991, the National Legal and Policy Center promotes ethics in public life through research, investigation, education and legal action. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

April 24, 2024 09:00 AM Eastern Daylight Time

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Ukrainian-American Organization Demands Immediate FCC Investigation into SpaceX; Citing Musk’s Meddling in Ukraine, Erratic Behavior, and Illegal Drug Use

Ukrainian Congress Committee of America

The Ukrainian Congress Committee of America, Inc. (UCCA) has filed in opposition to the allocation of additional spectrum to SpaceX, and called for an immediate investigation into the behavior of the company’s largest shareholder Elon Musk in the Federal Communications Commission (FCC) rulemaking to open the 1.6/2.4 GHz band to new entrants. The non-profit, non-partisan organization called on the FCC to determine if it should place restrictions on Elon Musk’s control, management, or involvement in Starlink, or revoke the company’s license entirely, following erratic behavior and chronic use of illegal drugs that place Musk’s qualifications to operate FCC licensed facilities into question. “At the heart of the matter is the Commission’s responsibility to ensure that any company which is granted the privilege of operating on public airwaves meets certain qualifications and serves the public interest,” said Arthur Belendiuk, UCCA’s lead regulatory attorney. “Musk has used the company’s FCC licenses to support the military of a foreign power that is actively engaged in an illegal war and who has committed countless war crimes. Offering military aid to Russia is just the tip of the iceberg in a pattern of repeated abuse of the Starlink system—behavior which demands an immediate FCC investigation.” As an FCC licensee, SpaceX has the basic statutory duty to conduct its operations in the public interest. As UCCA’s filing outlines, numerous examples show that the company has not met that standard. In Musk’s role as chief apologist for indicted war criminal Vladimir Putin, he has used the Starlink network to illegally meddle in U.S. Foreign Policy: According to reports, Elon Musk refused a Ukrainian Armed Forces request to activate his Starlink satellite network in Crimea's port city of Sevastopol to aid an attack on Russia's fleet (page 3). Disabling the Starlink service and allowing Ukrainian civilians to be murdered by Russian missiles is unconscionable. However, Musk was not done. Despite warnings from U.S. Senators to stop interfering on the side of Russia, Musk has now made the Starlink system available to the Russian military (page 4). This begs the question, why does Musk believe that he has the authority to engage in U.S. foreign policy? Not only is Musk making decisions concerning Russia’s illegal invasion of Ukraine, but he is also engaging with China, often in ways that violate U.S. foreign policy. For example, Musk was recently accused of withholding internet service in Taiwan (page 6). Musk’s chronic use of illegal drugs also places his qualifications as an FCC licensee in jeopardy. Illegal drug use by FCC licensees, “either on or off-station premises,” is historically a matter of grave concern to the Commission. In prior proceedings, if the FCC found that a licensee “continued to deliberately flout Commission rules or was irremediably incompetent,” the regulator has acted to revoke licenses. The filing outlines reports of Musk’s use of mind-altering LSD, cocaine, ecstasy, ketamine, and psychedelic mushrooms. The group goes on to say, “[w]hen the controlling shareholder is acting erratically, believes he has the authority to set U.S. foreign policy and admits to taking drugs including taking drugs with board members and officers, it is reasonable to conclude that Musk and his management team lack the basic competence to remain FCC licensees.” UCCA’s landmark filing seeks to hold licensees like SpaceX accountable by calling for an immediate FCC investigation into multiple accusations of disqualifying conduct. Until an investigation can be completed, UCCA calls on the FCC to stop processing all Starlink applications and require Musk to step down from any management, control, or decision-making authority concerning the Starlink system. “Why is Musk shilling for Russia? More importantly, why is critical communications and defense infrastructure in the hands of a drug addled conspiracy theorist who thinks he has the power to dictate U.S. foreign policy,” UCCA’s filing concludes. A copy of UCCA’s comment is available here. The Ukrainian Congress Committee of America, Inc., is an umbrella organization that unites nearly 30 Ukrainian-American organizations and represents the interests of approximately two million Americans of Ukrainian descent. UCCA is a non-profit, nonpartisan community-based organization with local all-volunteer chapters across the United States. Contact Details Raynor Ave. Aaron Alberico +1 202-744-0786 aalberico@raynoravenue.com Company Website https://ucca.org/

April 24, 2024 08:30 AM Eastern Daylight Time

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Prime Minister Skerrit Reinforces Collaboration in Dubai Visit

Dominica Citizenship by Investment Unit

During his most recent visit to Dubai, Prime Minister Roosevelt Skerrit of Dominica delivered a powerful speech, and shed light on the significant role played by the Citizenship by Investment Programme in shaping the island’s socioeconomic landscape. Speaking passionately, Prime Minister Skerrit underscored how the CBI Programme has been a cornerstone of Dominica's economic strategy, propelling the nation towards prosperity by fostering economic growth, job creation and strengthening health and educational infrastructure. He also reiterated Dominica’s steadfast commitment to maintaining the highest standard of openness and integrity and called for unity amongst Caribbean nations that offer CBI programmes in his address. Embracing OECS Countries Collaboration Prime Minister Skerrit explained how the recent Memorandum of Agreement among OECS countries emphasises the importance of harmonised legislation, standardised application procedures, uniform due diligence processes, and information sharing among member states. “It is my view that these actions are important, and they are necessary, and these are actions that we will follow through with, because there are some things that we need to do together.” He expressed optimism about the collaborative efforts and emphasised the significance of prioritising good governance and ethical practices in the CBI sector. The memorandum signifies a shift towards a more integrated and cohesive framework that unites diverse stakeholders under a common vision of excellence, accountability, and transparency. Honouring Dominica’s CBI Programme Prime Minister Skerrit warmly acknowledged the significance of the CBI programme as a key aspect of Dominica's post-disaster recovery after the devastating Hurricane Maria in 2017. “We were able to continue generating revenues from the programme, literally 48 to 72 hours after the hurricane hit us. While all other aspects of our economy came to a halt.” Recognising its pivotal role in saving the nation after Hurricane Maria, he affirmed the programme's enduring value as a catalyst for progress, prosperity, and sustainable development in Dominica. He further reaffirmed Dominica's commitment as a nation to the core principles of the CBI programme. He highlighted the importance in providing opportunities for citizens to access both mobility and economic empowerment and the programme's role in fostering a sense of citizenship and belonging, beyond economic benefits. “We understand the importance of the programme to many people, and to our country, but we want to ensure that the programme maintains its integrity.” Acknowledging economic citizens, developers, and agents During his visit, Prime Minister Skerrit engaged in productive discussions with key stakeholders in the industry, exploring opportunities for collaboration and growth. In his address, Prime Minister Skerrit expressed his gratitude to the economic citizens, developers, and agents who have contributed to the strength and resilience of the Dominica CBI Programme. He acknowledged their unwavering support and dedication, emphasising their pivotal role in shaping the programme's success. “…you as agents and developers and promoters, you have one of the most sacred responsibilities where the programme is concerned. What you do can ensure the continued success of the programme, and that's why the programme has been successful.” Marie-Therese Johnson, Director of the Citizenship by Investment Unit (CBIU), also highlighted the pivotal role that agents and developers play in guiding potential investors towards the possibilities that the Dominica CBI Programme offers. “Your role as agents is not just about transactions; it is about shaping destinies, forging connections, and building bridges to a brighter tomorrow.” Prime Minister Skerrit Emphasises Legal Compliance and Integrity in CBI Programme In a resolute statement, Prime Minister Skerrit underscored the critical role of laws and regulations in governing the Citizenship by Investment (CBI) programme. He highlighted the authority vested in him by the Constitution and laws enacted by the Parliament, emphasising the importance of adherence to legal frameworks. Prime Minister Skerrit emphasised the need for stakeholders and agents to familiarise themselves with and abide by existing laws. Addressing a key concern, Prime Minister Skerrit reiterated that applicants must contribute the full amount as legislated in the regulations, emphasising that citizenship is not a commodity subject to sales promotions, emphasising the sanctity of citizenship as defined by the Constitution. By emphasising compliance with regulations and laws, Prime Minister Skerrit reaffirmed the Government's commitment to ethical conduct in the programme. Dominica Drives Responsible Investment Practices At the core of the CBIU's operations is a dedication to transparency in every aspect of its processes. From application procedures to due diligence protocols, the CBIU prioritises clear communication, thorough documentation, and adherence to regulatory guidelines. By fostering a culture of openness, accessibility, and accountability, the CBIU aims to enhance the overall experience for stakeholders, providing clarity, guidance, and assurance throughout the citizenship acquisition journey. As Prime Minister Skerrit concluded his visit to Dubai, he expressed optimism for the future of the Dominica CBI programme, reiterating his commitment to upholding the highest standards of excellence. Through continued collaboration and partnership, Prime Minister Skerrit envisions a prosperous and sustainable future for Dominica and its stakeholders in the global citizenship landscape. Contact Details Secretary of the Dominica Citizenship by Investment Unit Commonwealth of Dominica +1 767-266-3919 info@cbiu.gov.dm

April 23, 2024 08:59 AM Eastern Daylight Time

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14Peaks closes inaugural $30M fund to power software startups in fintech and future of work space

14Peaks Capital

Venture capital firm 14Peaks Capital has successfully closed its first fund at $30 million in capital commitments from an impressive consortium of limited partners (LPs), consisting of influential High Net Worth Individuals (HNIWs) and family offices spanning Europe and the United States. Established in 2022 by Edoardo Ermotti, the fund’s solo General Partner (GP), 14Peaks invests at the earliest stages (from pre-seed to series A) in B2B SaaS companies, with a specific interest in Fintech and the Future of Work. The team is already investing out of its first fund and has 11 companies in its portfolio to date. These include US-based HR/Payment platform Rain (who last year raised $66M in a Series A round), finance and accounting platform FlowFi (who recently announced its $9 million seed round) and Switzerland-based data collaboration company Tune Insight among others. At a time when AI continues to drive rapid change in the B2B landscape, sparking first-mover competition between established and new founders to bring the power of this new technology to business operations, 14Peaks is laser-focused on investing in proprietary technology that has the potential to build strong defensible moats. Against this backdrop, 14Peaks’ focus across Fintech and the Future of Work is expansive, ranging from data collaboration and workflow automation, to payment software and fraud detection. Most venture funds set out to raise capital from as many LPs as possible. When fundraising, Edoardo Ermotti took a unique approach. Before founding 14Peaks, he began investing as a business angel in 2019. To date, he has supported over 25 companies and has selectively invested in funds as a limited partner. Concurrently, he gained experience at a mid-market private equity firm in London. Subsequently, he transitioned to a family office, initially based in Switzerland and later in the US, where he spearheaded the development and leadership of the early-stage investment division. Over the years, he regularly co-invested alongside HNWIs and Family Offices who all shared the same view: they were progressively less interested in allocating their capital to funds with hundreds of Limited Partners (LPs). Funds with larger LP bases tend to have limited transparency into fund activities, fewer co-investment rights, and a generally passive approach to their relationship with the smaller LPs. Edoardo Ermotti wanted to create a closer, stronger relationship between GPs, LPs, and founders by raising from an intimate circle of highly-vetted, seasoned executives and entrepreneurs who could take a more active role in supporting portfolio founders, exchanging ideas, and co-investing with people they trust. “When I started 14Peaks Capital, I wanted to shake things up in how GPs and LPs work together. I've been on the LP side before, spoke to many GPs, and knew there was room for a different approach,” said Edoardo Ermotti, founder of 14Peaks Capital. “Each of the investors supporting 14Peaks is globally successful in their own right, giving our portfolio founders access, through us, to this curated hub of extensive experience and networks.” In addition to access to its all-star assembly of LPs, 14Peaks works closely with its portfolio companies to accelerate traction through targeted go-to-market strategies, recruitment, and general company building efforts With a base in Europe and a vast network in the US, the fund also helps companies expand beyond their domestic markets – whether venturing overseas from the EU to US or across Europe. “14Peaks has been an incredibly supportive investor. Ever since we met them, the team has rolled up their sleeves and been very hands-on and proactive in transforming us into an organisation that can truly scale in an emerging market,” said Han Sahin, the co-founder of a Netherlands-based cybersecurity company, Threatfabric, that 14Peaks invested in last year. The goal with portfolio support, similar to Edoardo Ermotti’s approach to fundraising, is close collaboration: the fund only invests in companies where there is a clear pathway for their engagement to generate additional value. This, Edoardo Ermotti says, is the best way to align interests with founders and together build next-generation companies. “We’re looking forward to diving back in and supporting our founders as they chase their visions. In the past year, we've already seen positive changes in our portfolio companies, and we're confident we can do even more as we expand our platform. Our hands-on approach and the power of our extensive network, fuelled by our tight GP-LP interactions, make us believe we'll keep making a real impact for our founders in the years to come," adds Edoardo Ermotti. 14Peaks’ portfolio founders are so far seeing the results of this new paradigm of GP and LP interactions and the network effects of this close circle. Alex Bradford, the founder of Rain, a HR platform 14Peaks invested last year, said: “14Peaks has been a fantastic partner and instrumental to our growth, plugging us into highly-valuable investor networks and boosting our go-to-market by sitting down and helping us craft business development strategies.” 14Peaks Capital AG has a team in Switzerland. Plans are underway for team expansion in the United States later this year, with strategic hires focused on enhancing market coverage. The collective team brings forth deep experience in investing and supporting founders across various stages and verticals in Europe and the US, with a primary emphasis on B2B SaaS and Fintech. Looking ahead, 14Peaks aims to expand its portfolio to a total of 25 companies out of its first fund over the coming years. In the meantime, Edoardo Ermotti and the team’s top priority is maintaining a concentrated focus on demonstrating the efficacy of their unique model, not only to their LPs, but, crucially, to their founders. About 14Peaks Capital Founded in 2022, 14Peaks Capital is an early-stage venture fund headed by solo General Partner, Edoardo Ermotti. Out of its inaugural $30 million fund, 14Peaks invests in B2B SaaS companies who are building primarily within the Fintech and Future of Work verticals. Backed by an all-star assembly of High Net Worth Individuals and Family Offices across Europe and the US, 14Peaks offers extensive operational expertise to support the funds’ portfolio companies from seed to exit to build generation-defining companies. Learn more here: https://www.14peaks.capital/ Contact Details 14Peaks Capital Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.14peaks.capital/

April 23, 2024 08:00 AM Eastern Daylight Time

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Wolfram and Classiq Integrate Advanced Quantum Software Tools into Mathematica

Classiq Technologies

In a landmark collaboration, Classiq, a leader in quantum computing software, and Wolfram Research, the leading computational software provider, announce a software partnership. This collaboration integrates Classiq’s cutting-edge engine within Wolfram Mathematica, offering a unified solution for the development of quantum and classical algorithms. This integration is targeted at enabling users to leverage the robust capabilities of Wolfram Mathematica for algorithm development and utilize Classiq’s Quantum Model (QMOD) language for quantum algorithm development—all within a single, cohesive environment. This blend of technologies empowers users to define, visualize and optimize quantum algorithms with unprecedented ease and efficiency. Key features of this collaboration are the facilitation of Classiq’s quantum algorithm compilation tailored to specific quantum hardware and ability to intricately develop quantum circuits from a high-level overview down to detailed gate operations. The integration further allows for the execution of these quantum circuits across a diverse array of backends and simulators, directly within the Mathematica notebook. This integration supports researchers by enhancing analytical capabilities, enabling continuous exploration and data assessment. As an example of the potential of this collaboration, the Quantum Differential Equations solver exemplifies how users will be able to tackle complex challenges by defining and executing quantum algorithms like the Harrow–Hassidim–Lloyd (HHL) algorithm and Quantum Singular Value Transformation (QSVT) for matrix inversion, directly from the Mathematica interface. This application highlights the power of combining classical computational methods with quantum processing to solve complex computational problems more efficiently. “The partnership between Classiq Technologies and Wolfram Research reflects a shared commitment to advancing computational excellence,” said Nir Minerbi, CEO of Classiq. “This collaboration not only enhances the toolset available for researchers and developers, we hope to see it pave the way for groundbreaking applications across various scientific and engineering disciplines.” "In the pursuit of applying quantum technologies to address real-world challenges, robust collaboration among industry leaders is paramount. We are delighted to unveil our strategic partnership with Classiq," remarked Mads Bahrami, quantum projects manager at Wolfram. "This partnership underscores the dedication of both entities towards crafting toolsets that empower governments, industries, and academia to tackle complex problems through quantum-classical algorithms." The companies invite those seeking to combine the best of quantum and classical computation to reach out and explore the possibilities this computation integration brings. About Wolfram Founded by Stephen Wolfram in 1987, Wolfram Research is one of the world's most respected computer, web and cloud software companies - as well as a powerhouse of scientific and technical innovation. As a pioneer in computation and computational knowledge, Wolfram has pursued a long-term vision to develop the science, technology and tools to make computation an ever-more-potent force in today's and tomorrow's world. As the creators of Mathematica, Wolfram|Alpha, the Wolfram Language, and Wolfram Quantum Framework, Wolfram is the leader in developing technology and tools that inject sophisticated computation and knowledge into everything. Wolfram's strategy as an organization is to maintain a portfolio of development, from continually strengthening core algorithms and the Wolfram Knowledgebase, to supporting the latest computing and deployment architectures, to developing major new concepts and capabilities - and consistently delivering the results in the form of products, services and experimental initiatives that make breakthrough technology accessible to the broadest possible spectrum of people and organizations. Learn more at: https://wolfr.am/QuantumConsulting https://www.wolfram.com/quantum-computation-framework/ Follow Wolfram on LinkedIn, X, and YouTube. Contact Wolfram quantum team: quantum@wolfram.com Contact Wolfram PR team: outreach@wolfram.com About Classiq Classiq Technologies, the leading quantum software company, provides an all-encompassing platform (IDE, compiler and OS) with a single point of entry into quantum computing, taking you from algorithm design to execution. The high-level descriptive quantum software development environment, tailored to all levels of developer proficiency, automates quantum programming. This ensures that a broad range of talents, including those with backgrounds in AI, ML and linear algebra, can harness quantum computing without requiring deep, specialized knowledge of quantum physics. Classiq democratizes access to quantum computing and equips its users to take full advantage of the quantum computing revolution, including access to a broad range of quantum hardware. Classiq's core technology - algorithmic quantum circuit compilation - is engineered to power the quantum ecosystem of today and the future. Classiq works closely with quantum cloud providers and advanced computation hardware developers providing software for use with quantum computers, HPC and quantum simulators. Backed by investors such as HPE, HSBC, Samsung, Intesa Sanpaolo and NTT, Classiq's world-class team of scientists and engineers has distilled decades of quantum expertise into its groundbreaking quantum engine. Follow Classiq on LinkedIn, X (formerly Twitter) or YouTube, and visit the Slack community and website, www.classiq.io to learn more. Contact Details Rainier Communications Michelle McMahon +1 781-718-3248 classiqPR@rainierco.com Company Website http://www.classiq.io/

April 23, 2024 08:00 AM Eastern Daylight Time

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USGrants.org Unveils Comprehensive Guide to Empower Entrepreneurs

Rev Up Marketers

USGrants.org, an online platform dedicated to facilitating access to government grants, has released a new step-by-step guide to support budding entrepreneurs in navigating the complexities of launching a new business. The guide offers a streamlined approach to starting a business and gaining necessary funding without the burden of repayment, enabling new business owners to preserve equity and maintain financial health. The guide details how USGrants.org can assist in finding specific grants related to start-up costs, expansion capital, and innovative research, providing a non-repayable funding solution that helps new ventures avoid debt. This comprehensive guide simplifies the process of starting and funding a business and empowers entrepreneurs with the knowledge to strategically leverage grants to their fullest potential. Some of the key features highlighted in the guide by USGrants.org are as follows Developing a Solid Foundation with a Business Idea: Identifying potential products or services, understanding the target market, and distinguishing from competitors refine a business idea. USGrants.org provides access to grants that support market research and initial feasibility studies, essential for those at the concept formulation stage. Crafting a Strategic Business Plan: A well-crafted business plan outlines market entry strategies, growth opportunities, and financial projections. USGrants.org enables entrepreneurs to hire consultants or advisors who can aid in developing a robust business plan. Securing Adequate Financing: The guide details how USGrants.org can assist in finding specific grants related to start-up costs, expansion capital, and innovative research, providing a non-repayable funding solution that helps new ventures avoid debt. Choosing the Right Business Structure: While USGrants.org does not guide legal structure decisions directly, it does offer information on grants that require certain business formations, which can influence the decision-making process. Navigating Registration and Compliance: The guide emphasizes the importance of properly registering the business and understanding all regulatory requirements. It highlights how USGrants.org can aid in securing grants for legal services, licensing fees, and compliance costs, bolstering that businesses meet all legal thresholds without financial strain. Establishing a Physical or Virtual Office: The guide points to USGrants.org as a resource for finding financial support for physical setups, such as modifications for accessibility, eco-friendly improvements, or securing leases. Effective Marketing Strategies: The guide covers how USGrants.org can help obtain funding for marketing efforts, including advertising, and promotional events, especially for businesses that emphasize innovation, sustainability, or community involvement. This comprehensive guide not only simplifies the process of starting and funding a business but also empowers entrepreneurs with the knowledge to strategically leverage grants to their fullest potential. For more information on utilizing USGrants.org effectively, please visit their website. About USGrants.org: USGrants.org is an online resource dedicated to providing information and support for individuals and organizations seeking government grants. USGrants.org offers comprehensive information, expert guidance, and a commitment to inclusivity, ensuring that grants are accessible to all. Contact Details US Grants ORG Aaron Lee Info@usgrants.org Company Website https://www.usgrants.org/

April 20, 2024 08:28 AM Eastern Daylight Time

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