Aite Group Selects Enservio Among 10 Startups “Transforming P&C Claims”

Aite Group reports a $36 billion opportunity to reduce overall claims loss costs.

Needham, MA (USA), June 28, 2013 — In new research just published by Aite Group, the Boston analyst firm estimates there is a $36 billion total opportunity to reduce overall claims loss costs and expense in the US P&C insurance industry. Enservio (www.enservio.com), the nation’s leading provider of software and services to property insurers, is included among 10 companies profiled by Aite Group that represent “players who are transforming the industry and addressing significant portions of the overall opportunity.”

These 10 innovators are “starting to transform property and contents claims work flow, documentation, and valuation capabilities. This will boost customer satisfaction through faster, easier, more accurate claims resolution and improved catastrophe claims response times; improving property loss valuation accuracy and lower loss adjustment expenses,” the report stated.

Aite’s research describes “the old model” for processing and settling 盛兴彩票网owner’s insurance claims: Insurers provide 盛兴彩票网owners with preprinted forms. In filing a claim, the claimant is asked to describe each item lost including its original cost.

“Needless to say, this ‘self-reporting’ system was subject to error, exaggeration and outright fraud – adjusters couldn’t know prices and depreciation on millions of items,” said Aite Group Senior Analyst Stephen Applebaum, the report’s author.

“Enservio changed the model completely, developing software to accurately capture and value contents, and a field service organization to make onsite visits to assist claimants on behalf of the carrier. This results in dramatically reduced claims cycle times, contents claim severity and adjusting expenses as well as increased customer satisfaction,” added Applebaum.

“Enservio should continue to penetrate the North American P&C insurance market as carriers embrace transformation of their claims management and underwriting processes out of competitive necessity and the desire to improve profitability and customer service.

“Enservio’s recent innovations around analytics and claims payments should serve to further increase its utility to insurers and accelerate the adoption of its core offerings as well as its new products and services. Continued innovation can be expected from this company based on its management’s history of developing successful and transformative claims services and solutions coupled with the relative lack of innovation in property claims,” said Applebaum.

“We would expect to see Enservio leverage its contents valuation expertise with emerging business intelligence analytics skills to produce valuable fraud management, underwriting, rating, and pricing solutions for property insurers, including contents ‘Insurance to Value’ (ITV) for which Enservio is uniquely positioned to provide accurate valuations.”
Other innovative companies mentioned in the Aite report include: BuildFax, EagleView, Symbility, PartsTrader, n2uitive, ICEX, SynerScope, Casentric and Social Intelligence.

About Enservio:
Enservio works on the biggest challenge in property insurance – what’s inside. We provide a complete suite of software and service solutions to help property insurance carriers price their policies correctly, settle their contents claims quickly and accurately, pay their claims, and help policyholders get their stuff back. Founded in 2004, we are headquartered near Boston, in Needham, MA with offices and professional staff across the United States. Enservio is a strategic partner of the National Insurance Crime Bureau (NICB) in their continued fight against insurance fraud. For additional information, please visit the company’s web site www.enservio.com or call 888.567.7557. Connect with Enservio via LinkedIn (http://linkedin.com/company/enservio), Twitter (http://twitter.com/enservio), and Facebook (http://www.facebook.com/enservio).

Enservio is a trademark of Enservio, Inc. All other trademarks referenced are the property of their respective holders.

Press & Media Contact:
Victor Cruz, Principal
MediaPR.net Inc
Needham, MA – USA
+1 978-768-6888
vcruz@盛兴彩票网mediapr.net
http://www.enservio.com

InPreflight Pro for InDesign Is Updated for Creative Cloud Compatibility

Zevrix Solutions announces InPreflight Pro 2.11, a compatibility update to its document preparation solution for Adobe InDesign. Described as “delightfully simple to use” by Macworld, InPreflight is an all-in-one solution to check InDesign documents, collect them for output and ship to final destination. It combines powerful batch-packaging, quality control and graphic reports. The new version makes InPreflight Pro compatible with the recently released InDesign CC (a part of Creative Cloud).

Toronto (ON), Canada (June 26, 2013) — Zevrix Solutions today announces the release of InPreflight 2.11, a compatibility update to its . InPreflight is a powerful all-in-one solution to check InDesign documents, collect them for output and ship to final destination. InPreflight helps graphics and print professionals uncover hidden problems, save disk space through smart batch-packaging, and reduce production time and costs.

“InPreflight is delightfully simple to use and does its job well,” writes James Dempsey in Macworld.

The new version makes InPreflight Pro compatible with recently released InDesign CC featured as part of Adobe Creative Cloud. The update is free to the licensed InPreflight Pro users. The same version of InPreflight supports any version of InDesign from CS3 to CC.

InPreflight Pro provides a robust, fast, reliable and easy-to-use solution for printers, service providers, ad agencies and publishing houses.

Batch-packaging and job delivery:
InPreflight Pro can automatically with the option to collect all files into one folder. It eliminates the need to collect the same links multiple times for each design, saving users gigabytes of disk space and hours of production time. In addition, users can automatically send collected jobs over the Internet and locally with automatic email notifications, compression and other options.

Quality control:
InPreflight quickly , as well as hidden issues otherwise not reported by InDesign, such as TIFF and EPS compression, embedded fonts and illegal link location.

Graphic preflight reports:
Users can print graphic and save them as interactive PDF files. The reports can be set up interactively with an option to include detailed paragraph styles report for typography professionals.

Pricing and Availability:
InPreflight Pro can be purchased from Zevrix web site for US$99.95 (Studio version – $39.95), as well as from authorized resellers and Adobe Exchange. Trial version is available for download. Update is free for licensed users of version 2, and US$55.98 from earlier versions. InPreflight is available for Mac OS X 10.4.2-10.8, a Universal Binary, and works with Adobe InDesign CS3-CC. File delivery services require Deliver or Deliver Express, which InPreflight users can purchase from Zevrix at a discount.

About Zevrix Solutions

Located in Toronto, Canada, Zevrix Solutions provides productivity solutions for Adobe Creative Suite software, PDF and graphic file diagnostics and Microsoft Office on Mac OS. Zevrix Solutions is dedicated to helping professionals achieve more while doing less through automating their everyday tasks, producing error-free documents, saving disk space and cutting production costs. For more information, visit http://www.zevrix.com.

Contact:
Leo Revzin
Owner
Zevrix Solutions
105 McCAUL St, Suite 301
Toronto Ontario M5T 2X4 Canada
858-206-0607
media@盛兴彩票网zevrix.com
http://www.zevrix.com

AuraPortal, the World-Class, Acclaimed BPM Software, Receives Certification from TEC

Technology Evaluation Centers (TEC), global leaders in the research, evaluation and selection of enterprise software solutions, have awarded AuraPortal their certificate for BPM Systems.

Boca Raton, Florida, June 26, 2013 – AURA (www.auraportal.com), a global provider of Business Process Management (BPM) software, has announced that after a thorough analysis, Technology Evaluation Centers (TEC) have accredited AuraPortal as a Certified Product in the business process management software field.

To achieve this certificate AuraPortal surpassed the questionnaire prepared by TEC covering 100 features and functions of the application and made a profound demonstration of the product to TEC analysts.

According to comments from TEC in their blog:
“As from the demonstration for the certificate, AuraPortal’s characteristics for the model were evident, as was its ease of use and task transition. AuraPortal differs from the competition thanks to its powerful process modeling tool and its wide but easy adaptability, configuration and use. Its powerful tool for managing workflow (creating, editing and monitoring) gives it great potential for both simple and complex projects in the process management field.”

To access the full article, click here (http://bit.ly/12Q8xKE)

About Technology Evaluation Centers (TEC):
TEC provides software selection services to companies throughout America, Europe, Africa, the Middle East, Asia and Australia.

TEC has more than 50 partners throughout the mainstream media.

The TEC Web sites have over 3 million registered members and more than 1 million visitors per month.

TEC newsletters reach around 1 million subscribers worldwide.

More than 22,000 senior decision-makers trust in TEC Advisor for assistance with their evaluation and project selection software.

About Aura (http://www.auraportal.com)
AURA is a global BPM (Business Process Management) software provider delivering a solution that creates, without the need of IT programming, Business Process Workflow Execution Models. AuraPortal is 100% Web-based, and is complementary to existing ERP and CRM systems.

AURA has a presence in 40 countries with more than 300 customers including, among others: Toyota, General Motors, Pemex (Petroleos Mexicanos), Carrefour, ArcelorMittal, PepsiCo, Coca-Cola, Danone, Sodexo, Kimberly-Clark, Yamaha, Eletrobras, Royal KPN, Bristol-Myers Squibb, etc., as well as many Government Agencies and Departments in several countries. All of these customers benefit from maintenance contracts.

Its headquarters are in Europe (Spain and Holland) with an executive branch in North America (Florida). It also has offices in several countries and a vast network of partners who locally attend customers throughout the world.

Contact:
Nina Moon
AuraPortal
400 Trade Center
Woburn, MA 01801-7472
978-808-6340
diana.farrington@盛兴彩票网auraportal.com
http://www.auraportal.com

DayNine Names Charles Decker to Head Workday Financials Practice

Growth of DayNine’s Workday Financials Practice Includes Additional Leadership and Enterprise Software Expertise in Retail, Energy, Education, and Government.

PLEASANTON, Calif. (June 26, 2013) — , a leading global professional services firm providing implementation services for Workday’s Human Capital Management (HCM) and Financials suite, has named Charles Decker as Financials Practice Lead for the company. Decker brings more than 30 years of technology and financial consulting experience to this management position and will be responsible for leading the continued growth of DayNine’s Workday Financials practice.

Before joining DayNine Consulting, Decker was Vice President of Applications for CPSG Partners, LLC, where he played a key role in the establishment and operation of the Workday partnership, and prior to that he led key initiatives and projects at KPMG, Cambridge Technology and Ramos & Associates deploying PeopleSoft, Oracle, and JD Edwards technologies. Decker has delivered corporate and customer success with business and technology services in complex environments and a number of industries, including retail, energy, oil and gas, higher education, and government.

“Charlie’s extensive experience in Workday and other enterprise solutions provides DayNine and our customers with valuable practical expertise and important leadership experience, all key to the continued growth of our Financials practice,” said Bill Catalano, Regional Vice President, for DayNine. “Our ability to recruit senior executives with Charles’ expertise is a testament to the vitality of our Workday consulting business and the expectation of continued growth and success.”

About DayNine Consulting
DayNine Consulting is a leading global professional services firm, passionate about helping customers get the most value from their greatest assets – their people – by deploying and optimizing the Workday suite of Human Capital (HCM) and Financials solutions. DayNine’s recognized ability to deliver this outstanding value is directly correlated to effectively partnering with customers to understand their business and to assess, advise, and seamlessly deploy Workday across technology, process and people.

Based in Pleasanton, California, you can learn more about DayNine Consulting at .

Contact:
Jim Lambert
DayNine Consulting
(925) 475-5712
jim.lambert@盛兴彩票网daynine.com

Tom Woolf, Director, Public Relations
Gumas Advertising
(415) 621-7575
twoolf@盛兴彩票网gumas.com

Santerno Solar Skids To Be Installed To the Largest Solar Installation in Vermont

Greenwood Biosar Selects Santerno’s 1.5MW and 750kW Solar Skids to New 2.4 MW Solar Plant.

BURLINGTON, VT (June 26, 2013) — , the Carraro Group company that specializes in renewable power and industrial automation electronics, today announced that Greenwood Biosar, a leading solar engineering, procurement, and construction (EPC) contractor, has selected Santerno 1.5MW and 750kW Solar Skids powered by TG760 1000V TL NA inverters for the largest solar plant to be installed in Vermont. The new 2.4 MW plant is located 35 miles north of Burlington, VT. The entire facility will be powered using Santerno Solar Skids and monitored by the Santerno web portal. (The project will be complete by the fall of 2013.)

“The long-term performance and reliability of our utility-scale solar skids make them an ideal choice for this project,” said Marco Tecchio, Chief Executive Officer of Santerno. “Our inverters deliver proven performance in even the harshest climate, so they will deliver reliable power even in the coldest New England winter days. This installation offers an additional proof point to our expanding network of North American partners.”

These Santerno Skids are designed for the colder climates of North America; they are powered by industry leading in up time and reliability inverters, the Santerno TG760 1000V TL NA.

The inverters are fully integrated on a transportable skid and are housed in a cabinet with modular construction to optimize reliability and maintainability, and simplify on-site service. The units also feature grid code integrated features such as LVRT, reactive power control frequency and voltage control, in compliance with North American and global standards. The skids are completed with high-efficiency, pad mount medium voltage (MV) transformers and switchgear.

Santerno continues to expand its market presence in North America. The company also is providing utility-scale inverters for solar projects in California and elsewhere, as well as Asia, Africa, and Australia.

About Santerno
Headquartered in Imola, Italy, with offices around the globe, Santerno designs and markets solar inverters and products used to produce electricity from renewable sources. Since 2006 the company has been part of the Carraro Group, a multinational company specializing in mechanical powertrains for vehicles and other applications, with engineering and production operations in 16 countries. Santerno has more than 40 years of expertise in design automation of power electronics and has manufactured solar power inverters for 27 years, hybrid vehicles for 16 years, and wind power systems for six years. Santerno has more than 40 distributors worldwide.

For more information, visit .

Contact:
Tom Woolf
Gumas Advertising
415-621-7575
twoolf@盛兴彩票网gumas.com

Axicon Auto ID Launch New On-line Barcode Validation System

Axicon Auto ID Ltd, a world leader in barcode verification, announce the launch of a new online barcode validation system.

Oxford, UK, June 26, 2013 – Axicon Auto ID Ltd, (Oxford, UK) a world leader in barcode verification, announce the launch of a new online barcode validation system.

The is a stand alone, on-line barcode validation system that can be used in conjunction with a range of different barcode readers. The system, which doesn’t require a PC, operates with a simple three colour light display that indicates either a match, a mis-match or no read. Checkrite 5 offers a host of benefits to the user including very easy installation and operation, a choice of sensors and is suitable for speeds of up to 5 products/barcodes per second.

Incorrect or unreadable barcodes on retail products can result in unexpected costs through shipment rejections and even fines and contract cancellations. The new on-line barcode validation system has been designed to quickly spot errors which leading to a reduction of wastage and avoidance of costly returns.

Passing comment, James Bernard, Chairman of Axicon Auto ID Ltd said, “We are delighted to announce the launch of Checkrite 5 our new on-line barcode validation system, we understand how damaging unexpected costs, fines and potential loss of contract can be to any business” he continued, “the new system safeguards against these undesirable outcomes and provides a new level of peace of mind to any supply chain or retail workflow by spotting potential errors.”

About the company, the Axicon Group is a world leading barcode verification solution provider. Based in the UK, Axicon Auto ID Ltd specialise in barcode verification, and labels and distribute their product range through a network of international partners across the globe. Axicon Auto ID invites anyone with an interest in barcode verification technologies to view their full product range online at – www.axicon.com.

For Further information or an illustrative image: Media contact – Mathew Taylor, Director, Algorythm Solutions Ltd, mobile: +44 (0)773 403 2112.

Contact:
Mathew Taylor
Director
Algorythm Solutions Ltd
10 Torkington St, Stamford
Lincolnshire PE9 2UY
+44 (0)773 403 2112
mtaylor@盛兴彩票网algorythmsolutions.com
http://www.algorythmsolutions.com

Ebay Auction Bargain Site, LastMinuteAuctionBargains.com Improves Website, Customer Experience

Improvements to the seven year old eBay auction bargain website include additional categories, faster database servers and more frequent product updates giving greatly improved customer experience. The website lists last minute eBay auctions which are ending in less than one hour and with bids of less than $1.00, providing visitors with a unique list of auction items that can be had for extremely deep discounts.

Los Angeles, California, June 25, 2013 – , has announced the launch of its faster and newly improved eBay bargain hunting website. Bargain hunters use the website to find last minute deals on both unique and everyday items, such as household goods, clothes, jewelry, pet supplies, toys, electronics and much more.

The improvements to the now seven year old website include additional product categories and newer, faster database servers and more frequent product updates. Response times are now faster than ever. In addition, the site does not employ the use of flash animations or large images to slow the site down, thereby keeping user response times as fast as possible. The website lists which are ending in less than one hour with bids of less than one dollar. Many shoppers say they go to LastMinuteAuctionBargains.com both first, and last when looking for online bargains. The website updates items and prices continually throughout the day, and true bargain hunters know if they spot a good deal the clock is ticking and they need to act fast.

Any given hour can show between 5,000 to 7,000 items that are ending in less than 1 hour and selling for less than $1.00; though this often does not include normal shipping and handling.

The expanded category listings add thousands of products to the website as well as new offerings on digital goods which can be downloaded instantly. A few of the categories on the eBay bargain website are:

* Antiques
* Art
* Baby
* Books
* Cameras & Photo
* Cell 盛兴彩票网Phones & PDAs
* Clothing, Shoes & Accessories
* Collectibles
* DVDs and Movies
* Health & Beauty
* Jewelry & Watches
* Music and Musical Instruments
* Pet Supplies
* Sporting Goods
* Toys & Hobbies
* Video Games
* And more

The online website has been available for more than seven years and has developed a large and loyal following of customers that include businesses, entrepreneurs, as well as everyday people who wish to find the very best bargains to be had on eBay.

eBay shoppers use the website to find for products that often have very few bids and are ending quickly. The auctions on the site usually go fast- and with deep discounts to be had for the astute the buyer.

Media Contact : Jeff Becker, pr@盛兴彩票网lastminuteauctionbargains.com , Los Angeles, CA http://www.LastMinuteAuctionBargains.com

About LastMinuteAuctionBargains.com:
The website is dedicated to providing eBay shoppers with the deepest discounted items that can be found on eBay. With a list of thousands of items that is updated hourly, LastMinuteAuctionBargains.com allows shoppers to hunt down the very best . eBay auctions that are ending in less than 1 hour, for less than $1.

Contact:
Jeff Becker
LastMinuteAuctionBargains.com
PO Box 45140
Los Angeles, CA 90045
(310) 310-4567
pr@盛兴彩票网lastminuteauctionbargains.com
http://www.LastMinuteAuctionBargains.com

US Chamber of Commerce Facebook Ad Backfires

With the US Chamber of Commerce (202-659-6000) recently announcing a seven digit advertising purchase featuring Senator Marco Rubio (R-FL) trying to sell the illegal immigrant amnesty legislation found in Senate Bill 744 to conservatives, some of the ads are running on Facebook and receiving the opposite response the Chamber of Commerce and Marco Rubio hoped to elicit.

Raleigh, NC, USA (June 25, 2013) — CONTACT: Americans for Legal Immigration PAC (ALIPAC) Press@盛兴彩票网alipac.us / (866) 703-0864

With the US Chamber of Commerce (202-659-6000) recently announcing a seven digit trying to sell the illegal immigrant amnesty legislation found in Senate Bill 744 to conservatives, some of the ads are running on Facebook and receiving the opposite response the Chamber of Commerce and Marco Rubio hoped to elicit.

At the time of this release, the Facebook ad tied to the US Chamber of Commerce’s Facebook page and launched on June 24 had received over ! A review of the comments makes it clear that the ad has backfired and that the !

“It is clear from the fervent angry responses on Facebook that the US Chamber of Commerce ad has backfired and that Americans exposed to the ad are going to hold this support for amnesty for illegal aliens against the group in the future,” said , President of ALIPAC. “We need to find out where all this money the Chamber is spending is coming from and work as a nation to put an end to these groups trying to sell the American public a bill that will cost Americans our jobs, wages, taxpayer resources, lives, and national sovereignty!”

The ad reads, “Call your member of Congress today to support conservative immigration reform. 202-224-3121,” and features a video of the commercial with Marco Rubio claiming that amnesty legislation is needed to prevent “Defacto Amnesty.”

Here are some of the last few comments at the time of this release that are similar to 95% of the current 1,100+ comments left beneath the Chamber of Commerce Ad…

–Carol D Williams I don’t support ANY immigration reform until the borders are 100% secure!
— J.w. Mayfield No…no amnesty, no immigration bill….use the laws we have already on the books. We cannot afford 11 to 30 million more “citizens” we can’at even take care of the ones we have…
— Jason Cordova Call to support!? You’re nuts. Call that number and demand your senator votes NO.
–Keith Turney I support physically securing the border, enforcing the laws that are already on the books, and THEN having a discussion regarding the people already here.
–Clifford Krimmel I’m going to urge any member of the chamber to NOt rnew it’s membership, if the Chamber continues to support such harmful bills.

Americans for Legal Immigration PAC would like to know if Facebook is giving the US Chamber of Commerce special ad rates or free advertising too?

The significant, intense, and graphically one sided backlash against the US Chamber of Commerce ad featuring Marco Rubio on Facebook shows that the Chamber and Rubio are attempting to use their deep pockets and influence with large corporations to pass a bill (S. 744) that is opposed by most Americans and most conservatives due to the harm it will cause them and the nation!

The US Chamber of Commerce expensive ad has backfired just like Senate Bill S. 744 will backfire on the American public if it is ever signed into law.

Please review all of the comments at this link…

ALIPAC calls on all current members of the US Chamber of Commerce to drop their membership in the organization in response to this betrayal of public trust by pushing amnesty for illegal immigrants at the expense of American workers and taxpayers. For more information or to schedule interviews with William Gheen please visit .

In Search of Liquidity at Tech2Trade 2013, World’s Most Influential High-frequency Trading Conference

Golden Networking brings Tech2Trade Expo 2013 (www.Tech2TradeExpo.com), World’s Most Influential Alternative Investments Conference Series, including High Frequency Trading Leaders Forum 2013, “Strategic and Tactical Insights for Investors, Speed Traders, Brokers and Exchanges,” New York City, London, Chicago, Singapore and Frankfurt (www.High-Frequency-Trading-Conference.com).

New York City, NY, USA (June 25, 2013) — A deeply liquid market is considered a sign of a healthy market with lots of participants, but Commissioner Bart Chilton, Commodity Futures Trading Commission, says all liquidity may not be the same and could be distorting markets. The CFTC is concerned that some of the liquidity that may be provided by high-frequency traders could be “fantasy liquidity created by ‘wash’ sales,” which is prohibited under both the Commodity Exchange Act and exchange rules.

High-frequency traders enter and exit the market quickly and can do so multiple times a day, helping to create a more liquid market. But they’re a relatively new addition to the trading world and Chilton said how they operate needs closer scrutiny, especially since at times they can be 30% to 50% of a market. The concern is over “wash” trades, which happens a trader trades with himself, in other words puts out a bid price and matches it. “If you’re trading with yourself, you have nothing to lose, you’re not taking a risk. If this was occurring a little bit, it would be no harm, no foul,” Chilton said.

However, he said, this is happening more than a little bit, calling the wash trades “voluminous.” Chilton said there may be two reasons why these wash trades are happening. One is to make it look like there is deep volume to entice other people to trade those markets. Second, these traders may be part of legitimate market-maker programs, which is when an exchange pays a market-maker to provide liquidity. “But it’s dangerous if you’re trading with yourself and taking no risk. It can also affect price discovery and hurts consumers,” he said.

To discuss the eternal liquidity challenge, Golden Networking is pleased to host Tech2Trade Expo 2013’s High Frequency Trading Leaders Forum 2013 (), “Strategic and Tactical Insights for Investors, Speed Traders, Brokers and Exchanges”, this July 30 in New York City, September 18 in London., October 8 in Chicago, October 24 in Singapore and November 21 in Frankfurt.

“Strategic and Tactical Insights for Investors, Speed Traders, Brokers and Exchanges,” is the theme of High-Frequency Trading Leaders Forum 2013, forum that will provide attendees in New York City, London, Chicago, Singapore and Frankfurt with the most up-to-date review of where this ever-changing industry stands through an insightful keynote speeches and thought-provoking panels with leaders in the field. “High-frequency trading will no doubt play an ever larger role as computer technology advances and the global exchanges embrace fast electronic access.” said Edgar Perez, author of The Speed Traders and the forthcoming Knightmare on Wall Street. Recognized experts, regulators, and strategists, will return to High-Frequency Trading Leaders Forum 2013 to provide the information practitioners are looking for in an open and unbiased environment, highly conducive to the most efficient and effective networking.

High Frequency Trading Leaders Forum 2013, co-located with Hedge Funds Leaders Forum 2013 and Derivatives Trading Forum 2013, is produced by Golden Networking (), the premier networking community for business executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to download our Information Package or contact Golden Networking directly by calling +1-414-FORUMS0 or sending an email to information@盛兴彩票网goldennetworking.net.

Media Contact:
Julia Petrova
Media Relations Coordinator
Golden Networking
+1-414-FORUMS0
jpetrova@盛兴彩票网goldennetworking.net
http://www.goldennetworking.net

New Regulatory Regimes for Derivatives at Tech2Trade Expo’s Derivatives Trading Forum 2013

Golden Networking brings Tech2Trade Expo 2013 (www.Tech2TradeExpo.com), World’s Most Influential Alternative Investments Conference Series, including Derivatives Trading Forum 2013, “Global Implementation of Regulatory Reform in the $640 Trillion OTC Derivatives Market,” New York City, London, Chicago, Singapore and Frankfurt (www.DerivativesTradingForum.com).

New York City, NY, USA (June 25, 2013) — Over the past five years, the European Union and the U.S. have developed separate, new regulatory regimes for derivatives, aimed at protecting our financial systems, economies and taxpayers from a repeat of the 2008 crisis. European Markets and Infrastructure Regulation, the EU’s strict and comprehensive set of rules for derivatives transactions, became law in August and took effect in March. EMIR fulfills the commitments made by the leaders of Group of 20 nations to improve safety and transparency by requiring reporting and mandatory clearing for derivative trades. Trading rules will soon follow.

EMIR is stricter and broader in scope than the Dodd-Frank Act of 2010, which regulates U.S. markets. For instance, in Europe, all financial companies regardless of size are required to clear their derivatives trades and report them to trade repositories, and there is no carve-out for foreign-exchange transactions. The EU’s capital standards for clearing houses are much tougher. EMIR’s transparency obligations, both pre-trade and post-trade, are more rigorous than those in force in the U.S.

Following the entry into force of these regulations, market participants are dealing with a complex list of requirements to be fulfilled at different deadlines in the coming months. For market participants, the key challenge will be to meet the central clearing and trade reporting obligations, while regulators strive to ensure consistency with foreign jurisdictions so as to limit the unintended effects of extraterritoriality.

Golden Networking is pleased to host at Tech2Trade Expo 2013’s Derivatives Trading Forum 2013 (), this July 30 in New York City, September 18 in London, October 8 in Chicago, October 24 in Singapore and November 21 in Frankfurt. Derivatives Trading Forum 2013, “Global Implementation of Regulatory Reform in the $640 Trillion OTC Derivatives Market”, aims at critically reviewing recent regulatory developments and identifying opportunities and challenges in the implementation process, which may influence its full entry into force in America, Europe and Asia. This recent regulation, with its implementing rules, will certainly reshape OTC derivative markets and produce structural changes in the financial industry, with effects for the real economy.

Golden Networking’s Derivatives Trading Forum 2013, “Global Implementation of Regulatory Reform in the $640 Trillion OTC Derivatives Market”, will provide attendees with answers to all their questions on how to successfully navigate the new regulatory landscape for over-the-counter and exchange-traded derivatives, devise profit-increasing strategies to enhance the performance of their trading desks and anticipate further developments in the industry. Recognized industry experts will provide attendees with the information they are looking for in an open and unbiased environment. Leaders in the industry will also discuss long-term market and industry perspectives, taking into consideration the interaction of the Dodd-Frank Act and EMIR with other pieces of legislation.

Derivatives Trading Forum 2013, co-located with Hedge Funds Leaders Forum 2013 and High Frequency Trading Leaders Forum 2013, is produced by Golden Networking (), the premier networking community for business executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to download our Information Package or contact Golden Networking directly by calling +1-414-FORUMS0 or sending an email to info@盛兴彩票网goldennetworking.net.

Media Contact:
Julia Petrova
Media Relations Coordinator
Golden Networking
+1-414-FORUMS0
jpetrova@盛兴彩票网goldennetworking.net
http://www.goldennetworking.net