Day: December 22, 2022

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Quantexa Positioned by Global Risk Analyst Firm Chartis as a Category Leader in 2023 RiskTech 100 Report for Trade-Based Money Laundering Solutions

Chartis also gave top ranking to Quantexa’s Entity Resolution solution – addressing key data management challenges that are costing financial institutions millions

LONDON, Dec. 22, 2022 (GLOBE NEWSWIRE) — Today Quantexa, a global leader in Decision Intelligence (DI) solutions for the public and private sectors, announced that their Decision Intelligence Platform has been recognized as a category leader in the Chartis RiskTech100 report for Trade-Based Anti-Money Laundering Solutions (TBAML). Quantexa’s Decision Intelligence Platform has also been recognized by Chartis as a category leader in the recently released Chartis Financial Crime Risk Management Systems, Entity Management and Analytics Quadrant report.

RiskTech 100: Trade-Based Anti-Money Laundering Solutions
The 2023 RiskTech100 report ranks the world’s major players in risk and compliance technology. In the Trade-based money laundering (TBML) category Quantexa was named as a category leader for data support of their enterprise solution. The Quantexa Trade AML Solution was also ranked for depth of typology coverage, breadth of analytical techniques and workflow.

Today’s Anti-money laundering efforts face many growing and unresolved challenges. In a digital and globalized world, criminals are using a wide range of strategies to be successful – making context a critical factor in the ability to accurately detect trade-based money laundering. By unifying internal and external data sources and scaling to understand billions of transactions, Quantexa’s Decision Intelligence Platform helps organizations create a holistic view of transactional, customer, and counterparty information. Quantexa’s approach to TBAML provides more accurate and efficient detection so organizations can reduce risk, assure compliance, and protect their reputation. Increased alert quality and automation, combined with reducing the volume of false positives helps organizations gain efficiencies and do more with the resources they already have.

Financial Crime Risk Management Systems: Entity Resolution
Quantexa’s dynamic Entity Resolution Solution capability that is a critical part of its industry leading Decision Intelligence Platform was recognized for coverage, scalability, data enrichment, depth and breadth of data sources supported.

Quantexa’s Entity Resolution Solution is an advanced data matching capability that connects disparate and ambiguous internal and external data at scale. Entity Resolution creates focused and complete views of people, organizations, places, and other data delivering game changing data quality and match rate accuracy. Quantexa also supports ‘dynamic entity resolution’, which gives unique flexibility across multiple use cases and informs granular and extensive security protocols.

Decision Intelligence Platform
Quantexa’s Decision Intelligence Platform gives enterprises the ability to unify their data by connecting siloed sources and systems, providing the context needed to visualize the complex relationships that enable previously hidden risk to be discovered. Quantexa’s unique entity resolution technology can connect the most disparate and ambiguous internal and external data at scale to create single, complete views of people, organizations, places, and other data with 99% accuracy, handling poor quality data with exceptional performance. The result is a single view of data that becomes their most trusted and reusable resource across the organization.

Chartis Chief Researcher Sidhartha Dash said:

“Quantexa’s increasingly mature solutions and their strong implementations in large financial institutions leveraging network-based concepts, drove their rise in the RiskTech 100 as well as their leadership in TBAML and Entity Management quadrants.”

Quantexa Chief Product Officer Dan Higgins added:

“Quantexa is delighted to be included in the RiskTech 100 report, positioned very strongly amongst an esteemed list of enterprise solution providers. At Quantexa, we are keenly aware that criminals are hiding in plain sight and that traditional monitoring systems and manual controls just can’t handle today’s complexity, scale of activity and the underlying regulatory shifts, in particular the focus on counterparty risk, as well as customers. The usage of contextual monitoring to detect and manage the holistic financial crime and fraud risks within International Trade, including the identification of prerequisites such as underlying collusion, the presence of shell companies and professional money laundering gatekeeps and enablers has been a defining factor in Quantexa’s success in this space.”

ABOUT QUANTEXA

Quantexa is a global data and analytics software company pioneering Contextual Decision Intelligence that empowers organizations to make trusted operational decisions by making data meaningful. Using the latest advancements in big data and AI, Quantexa’s platform uncovers hidden risk and new opportunities by providing a contextual, connected view of internal and external data in a single place. It solves major challenges across data management, KYC, customer intelligence, financial crime, risk, fraud, and security, throughout the customer lifecycle.

The Quantexa Decision Intelligence Platform enhances operational performance with over 90% more accuracy and 60 times faster analytical model resolution than traditional approaches. Founded in 2016, Quantexa now has more than 500 employees and thousands of users working with billions of transactions and data points across the world. The company has offices in London, New York, Boston, Washington DC, Brussels, Toronto, Singapore, Melbourne, and Sydney. For more information, contact Quantexa here or follow us on LinkedIn.

ABOUT CHARTIS

Chartis is a research and advisory firm that provides technology and business advice to the global risk management industry. Chartis provides independent market intelligence regarding market dynamics, regulatory trends, technology trends, best practices, competitive landscapes, market sizes, expenditure priorities, and mergers and acquisitions. Chartis’ RiskTech Quadrant reports are written by experienced analysts with hands-on experience of selecting, developing, and implementing risk management systems for a variety of international companies in a range of industries, including banking, insurance, capital markets, energy, and the public sector.

Media Inquiries:

C: Laurel Case, VP, Fight or Flight

T: +1 315 663 6780

E: Quantexa@fightflight.co.uk

C: Adam Jaffe, SVP of Corporate Marketing
T: +1 609 502 6889
E: adamjaffe@quantexa.com
– or –
RapidResponse@quantexa.com

GlobeNewswire Distribution ID 1000773686

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Synchronoss Announces More Than 30 Million RCS-Based Messaging Subscribers in Japan

Leveraging the Synchronoss Advanced Messaging Platform, NTT DOCOMO, KDDI, and SoftBank Deliver Cross-Operator Advanced Messaging Service Enabling Users and Brands to Communicate, Interact, and Transact

BRIDGEWATER, N.J., Dec. 21, 2022 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (NASDAQ: SNCR), a global leader and innovator in cloud, messaging and digital products and platforms, today announced a new milestone in Japan for its Synchronoss Advanced Messaging platform. In collaboration with mobile operators NTT DOCOMO, KDDI, and SoftBank, the Japanese consortium now supports 32.5 million subscribers of +Message, the cross-operator RCS service powered by Synchronoss Advanced Messaging.

The current milestone represents a 62 percent increase in subscribers since Synchronoss noted the progress of the Japanese consortium’s deployment of its Rich Communications Service (RCS) in November 2020.

Offering a feature-rich text messaging system, +Messaging allows Japanese users to communicate with friends and family, in addition to providing the capability to interact and engage with brands and businesses safely and securely.

The consortium’s +Messaging service is powered by Synchronoss Advanced Messaging, an end-to-end platform and mobile commerce suite that allows operators to deliver an advanced messaging ecosystem. Synchronoss Advanced Messaging connects brands and content providers with subscribers, offering new ways to communicate and transact commerce.

“The adoption of more than 30 million +Messaging subscribers in Japan further validates the value of RCS and how mobile operators can utilize it to offer new revenue-generating services,” said Yosuke Morioka, General Manager, Japan, at Synchronoss. “We look forward to working with NTT DOCOMO, KDDI, and SoftBank to explore additional market opportunities for this feature-rich technology platform.”

It is signification that +Message currently is available for all the mobile phone brands of the three operators and MVNO. In addition, it now supports public personal identification (JPKI) with My Number cards, allowing the users to open a bank account or use a credit card with easy and secure verification of the identity via +Message, delivering more engaging experiences within the mobile ecosystem.

About Synchronoss

Synchronoss Technologies (NASDAQ: SNCR) builds software that empowers companies around the world to connect with their subscribers in trusted and meaningful ways. The company’s collection of products helps streamline networks, simplify onboarding, and engage subscribers to unleash new revenue streams, reduce costs and increase speed to market. Hundreds of millions of subscribers trust Synchronoss products to stay in sync with the people, services, and content they love. Learn more at www.synchronoss.com.

Media Relations Contact:
Domenick Cilea
Springboard
dcilea@springboardpr.com

Investor Relations Contact:
Matt Glover / Tom Colton
Gateway Group, Inc.
SNCR@gatewayir.com

GlobeNewswire Distribution ID 8718814

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Activant la « Vision 2040 d’Oman », PowerChina établit de nouvelles normes en matière d’énergie renouvelable avec le projet photovoltaïque Ibri à Oman

PÉKIN, 21 décembre 2022/PRNewswire/ — Un reportage de haiwainet.cn :

Selon un rapport publié récemment par le World Government Summit, Oman, la Jordanie, la Tunisie, les Émirats arabes unis, l’Algérie et le Maroc ont pris l’initiative d’atteindre 60 % des Objectifs de développement durable (ODD) pour 2030.

Depuis le lancement de la « Vision 2040 d’Oman », Oman encourage la coopération internationale dans le domaine des énergies renouvelables. En janvier 2022, le plus grand projet d’énergie renouvelable d’Oman, le projet photovoltaïque Ibri d’Oman, entrepris par PowerChina, a été achevé.

Il s’agit du plus grand projet photovoltaïque d’Oman à l’heure actuelle ; sa puissance installée atteint les 607 MW et la production annuelle d’électricité atteint les 1 598 GWh, ce qui peut couvrir la consommation annuelle d’électricité de 50 000 ménages locaux. Il est crucial de sécuriser l’approvisionnement en énergie et de diversifier la structure énergétique d’Oman.

La construction d’une centrale photovoltaïque à grande échelle dans le désert nécessite non seulement de tenir compte des températures extrêmes en été, mais aussi des conditions géologiques complexes et des tempêtes de poussière. Pendant les tempêtes, une épaisse couche de poussière s’accumule sur les panneaux photovoltaïques, ce qui diminue l’efficacité de la production d’énergie.

Pour faire face aux tempêtes de poussière, l’équipe du projet a fait une tentative innovante : installer des robots de nettoyage intelligents sur les panneaux. Les robots nettoieront automatiquement la poussière qui recouvre les panneaux. Ce projet combine pour la première fois le système de suivi photovoltaïque et le système de nettoyage automatique ; il améliore grandement l’efficacité de la production d’énergie et réduit les coûts d’exploitation et d’entretien, établissant de nouvelles normes pour l’exploitation et l’entretien des centrales électriques à grande échelle au Moyen-Orient.

PowerChina a obtenu 41 brevets pour des inventions et des modèles d’utilité, terminé une monographie et a publié 8 articles scientifiques dans le cadre de ce projet. Dans le même temps, l’énergie propre produite par le projet photovoltaïque Ibri d’Oman devrait réduire les émissions de carbone de 340 000 tonnes par an, contribuant ainsi à lutter contre le changement climatique et à atteindre la neutralité carbone.

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Sustainably Tapping into North Africa’s Groundwater Resources with Isotope Hydrology

There is more to freshwater resources than meets the eye. While fresh water is visible in the form of rivers, lakes and glaciers, fresh groundwater resources — hidden beneath the Earth — often go unseen.

Groundwater is found in spaces within soil, sand and rock, and is stored in, and moves slowly through, aquifers. It accounts for 99 per cent of Earth’s fresh water, and, according to the United Nations Educational, Scientific and Cultural Organization (UNESCO), nearly half of the world’s urban population depends on it. This dependency on groundwater is expected to grow in light of the effects of climate change.

The volatility of rainfall patterns and the frequency of extreme weather events, as well as the challenges posed by pollution and intensive agriculture, affect the distribution and availability of water resources, explained Yuliya Vystavna, an isotope hydrologist at the IAEA. This is particularly relevant in arid and semi-arid regions of Africa, which experience high rates of evaporation, little rainfall and are largely dependent on groundwater resources. “In order to cope with these challenges and the scarcity of water, we need to have an understanding of water resources and manage them in a sustainable way,” she added.

Uncovering groundwater characteristics

North Africa, home to the Sahara Desert, is one of the driest regions on the planet. Tunisia, located in the northernmost part of the African continent, suffers from variability in rainfall and ranks among those countries with the least water resources in the Mediterranean, said Rim Trabelsi, Director of the Department of Geological Engineering and member of Tunisia’s Laboratory of Radioanalysis and Environment (LARAE) of the National Engineering School of Sfax (ENIS). “That’s why groundwater is really the most reliable resource for the sustainable development of Tunisia, and the population is depending more and more on groundwater supplies.”

The increased use of groundwater has highlighted the need to better understand the links between groundwater recharge and discharge — the movement of water from surface water to groundwater and vice versa. “Groundwater management is increasingly important because of climate variability causing groundwater levels to decline throughout the year, and because of the quality risks posed by nitrate pollution, or salinization by seawater intrusion,” Trabelsi said.

By studying isotopes of water, scientists can provide guidance on how to protect and manage this resource. The amount of naturally occurring stable isotopes of water, and of other substances, is used to reveal the water’s origin, movement, quality and age, as well as to identify sources of contamination. Water age, measured by the concentration of specific isotopes, for example, can range from months to millions of years. The age of groundwater is key to predicting the presence of contaminants, and to understanding how quickly aquifers are replenished.

‘Young’ groundwater can be replenished by surface water from precipitation but can also be affected by pollution and changing climatic conditions, Trabelsi explained, while ‘old’ groundwater, which takes much longer to replenish, is less likely to be contaminated or affected by changes in climate.

Growing analytical capacity

As in many scientific fields, the application of isotope hydrology tools and analysis requires building capacity.

When Hamid Marah first began working in the field of water resource management in Morocco in the 1990s, water samples had to be sent to countries outside of Africa for analysis. There were no laboratories in Africa that had the capability to analyse stable isotope compositions, said Marah, Scientific Director at Morocco’s National Centre for Nuclear Energy, Sciences and Technology (CNESTEN). “Thanks to IAEA support, over the years the capabilities of the continent have been enhanced, and we now have several laboratories in Africa that can analyse isotopes reliably.”

Through the IAEA’s technical cooperation programme and coordinated research projects, isotope hydrology tools are spreading across Africa, enabling scientists to sustainably tap into groundwater resources. Over the past ten years, almost half of the IAEA’s climate change adaptation projects, including water resource management projects, have taken place in Africa. Countries such as Morocco and Tunisia are playing a leading role in the application of isotope techniques across the continent and the Middle East.

Since 2009, LARAE and CNESTEN have been AFRA regional designated centres, and in 2015 CNESTEN became an IAEA Collaborating Centre focusing on water resources assessment and management. AFRA, which stands for the African Regional Co-operative Agreement for Research, Development and Training related to Nuclear Science and Technology, is an intergovernmental agreement established by African countries to strengthen and enlarge the contribution of nuclear science and technology to socio-economic development on the African continent. LARAE and CNESTEN regularly train scientists from across Africa and the Middle East and have carried out thousands of isotope analyses for national hydrological studies and IAEA-supported projects, which aim to address water availability and quality issues related to aquifers and basins.

In a 2020 study, for example, groundwater samples from an aquifer in central-west Tunisia were analysed by LARAE for chemical and isotopic measurements. In recent decades, the expansion and development of irrigated agriculture has depleted surface water resources. The study helped to determine the groundwater’s suitability for drinking and irrigation, and identified sources of salinity variation. The study, which was supported by the IAEA through a coordinated research project, was published in the journal Agriculture, Ecosystems & Environment in June 2021.

There will be an opportunity to learn more about groundwater resources and their role in climate change adaptation and mitigation at the IAEA’s International Symposium on Isotope Hydrology, to be held from 3 to 7 July 2023 in Vienna, Austria.

Source: International Atomic Energy Agency

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Eritrea participates at African, Caribbean and Pacific States Summit

Asmara, 22 December 2022- Eritrea participated at the 10th Summit of the Organization of African, Caribbean and Pacific States that was held in Luanda, Angola, from 6 to 9 December.

At the summit conducted under the theme “Three Continents, Three Oceans, a Common Destiny-Building a Resilient and Sustainable Organization of African, Caribbean and Pacific States”, Eritrea was represented by Mr. Negasi Kassa, Eritrean Ambassador to the European Union and Benelux countries, Mr. Saleh Omar, Eritrean Ambassador to South Africa and South African countries, and Mr. Desale Tekleab, General Consul of Eritrea in Angola.

The summit among other issues discussed the challenges of climate change, economic diversification as well as peace and security challenges.

The summit also took notice of the report presented by the Chairman of the Ministerial Council of the African Union and the concise report of the meeting of Youth, Diaspora and Business Forums and adopted the “Luanda Declaration”.

In its declaration, the summit condemned the use of unilateral and coercive measures such as illegal sanctions against certain countries with a view to preventing the countries from exercising their right to determine their own political, economic and social system.

The summit also rejected the increased application of unilateral and extra-territorial laws and measures contrary to international law and reaffirmed solidarity with the Governments and people of the member countries.

The Organization of African, Caribbean and Pacific States (OACPS) formerly known as African, Caribbean and Pacific countries (ACP) expanded its international relation that was limited only with the European Union.

Source: Ministry of Information Eritrea