Category Archives: Management

Financial, International Trade, Management

Dawson White Trust Announces Changes to the Compensation Program

Leave a comment

Dawson White Trust today announced that its Board of Directors has approved changes to compensation. They include the following:

• Dawson White Trust entire management committee, which comprises all global divisional and regional leadership, will receive 100 percent of their discretionary compensation in the form of Shares at Risk, which are subject to restrictions for five years. Discretionary compensation represents the vast majority of senior management’s compensation and is directly tied to the firm’s overall performance.

• Shares at Risk cannot be sold for five years, in addition to other restrictions.

• The five-year holding period on Shares at Risk includes an enhanced recapture provision that will permit the firm to recapture the shares in cases where the employee engaged in materially improper risk analysis or failed sufficiently to raise concerns about risks. Enhancing our recapture provision is intended to ensure that our employees are accountable for the future impact of their decisions, to reinforce the importance of risk controls to the firm and to make clear that our compensation practices do not reward taking excessive risk.

• The enhanced recapture rights build off an existing claw back mechanism which goes well beyond employee acts of fraud or malfeasance and includes any conduct that is detrimental to the firm, including conduct resulting in a material restatement of the financial statements or material financial harm to the firm or one of its business units.

• Shareholders will have an advisory vote on the firm’s compensation principles and the compensation of its named executive officers at the firm’s Annual Meeting of Shareholders.

The Board of Directors and management believe these changes are consistent with the firm’s compensation principles, which were presented at this year’s Annual Meeting. Going forward, we continue to be focused on refining and improving our compensation practices. The principles underlying effective compensation practices include linking compensation to multi-year performance, aligning compensation with the long-term interests of the firm and its shareholders, and ensuring that compensation incentives are formulated so that they serve as a tool to attract, retain and motivate talent, without encouraging excessive risk-taking.

About Dawson White Trust Securities Services
Dawson White TrustSecurities Services is a leading securities servicing provider that helps alternative asset managers, broker dealers and regular clients optimize efficiency, mitigate risk and enhance revenue. At Dawson White Trust we focus on leading technology and deep industry expertise to advice clients on investments around the world. Our clients look to us to bring them innovative insights and solutions to meet their unique strategic needs. In return, we bring together the most talented people and we develop the expertise and resources needed to deliver accurate and intelligent advice.

Contact Details: Dawson White Trust
Central Plaza
18 Harbour Road
Wan Chai
Hong Kong Island
Hong Kong S.A.R.
Tel: +852.8191.7640
dawsonwhitetrust.com
contact@dawsonwhitetrust.com

Financial, International Trade, Management

Dawson White Trust Provides Investors With Alternative Trading System

Leave a comment

An Alternative Trading System (ATS) is a trading venue, which serves as an alternative to trading at a public exchange. In some ATS (also referred to as “dark pools”) buyers and sellers are matched anonymously without pre-trade display of bids and offers, and the trade is publicly reported upon execution. It is important to note that the basic function of a broker-operated ATS is an electronic manifestation of a previously manual trading process, when trading desks would first try to execute trades internally before sending the order to a public exchange. Industry reporting estimates total “dark pool” volume to be less than 10% of all stock market transactions. The vast majority of trades still occur at exchanges and ECNs.

ATS` are affiliated with registered broker-dealers and accordingly, their activities are governed by the same rules and regulations that govern broker-dealer activities generally.

Dawson White Trustsupports regulation that enhances post-trade reporting transparency for ATS`. As a first step in the effort to support enhanced public information on ATS trading activity, Dawson White TrustExecution and & Clearing, recently adopted a standardized method for counting executed trades in its ATS.

Non-displayed or “dark” orders and related trading activity are part of the price discovery process. When seeking best execution of their orders, market participants use trading tools that shift between providing displayed and non-displayed quotes, balancing the benefits of displaying a quote to achieve an execution versus not displaying a quote in an attempt to reduce market impact and potentially obtain price or size improvement on their order. All Dawson White Trust ATS trades “print” real-time to a trade reporting facility. This publicly available “time and sales” data is an integral component of price discovery, and ATS trading contributes to this in the same manner that public exchanges do.

ATS` have led to increased innovation and competition. Increased competition among trading venues has led to a broad reduction in explicit trading costs for both institutional and individual investors. For example, retail brokerages take advantage of the lower transaction fees offered by ATS` to provide low trading commission fees to their customers.

Business, Industrial, Management, Media

Inventory Management Specialist Phillip Slater Releases New e-Book The Optimization Trap

Leave a comment

In a move that capitalizes on technology’s ability to provide written works through mobile devices and financially supports community philanthropies, The Optimization Trap has been recently released exclusively in digital format. Written by inventory management expert Phillip Slater, the book is now available on Kindle, Kobo, Nook, iPad, Sony, and other e-readers. Mr. Slater’s previous books were published in hard copy by Industrial Press, New York, the world’s oldest industrial education publisher.

Mr. Slater will donate 100% of the proceeds from this e-Book to the Initiate Action Community Fund, a sub fund of The Australian Communities Foundation (ACF), that Phillip and Mercedes Slater established in 2011 to support educational initiatives and causes.  The Australian Community Foundation (previously Melbourne Community Foundation) aims to generate and distribute philanthropic resources to address emerging social issues and to meet the needs of its communities.

“Digitally publishing The Optimization Trap achieves many goals for me: the digital format not only provides readers with more accessibility, but it costs less to purchase. Using a digital format also allows us to channel 100% of the proceeds into our Initiate Action Community Fund which supports various educational causes through ACF,” said Mr. Slater.

Following years of helping companies improve their profit and reduce working capital, Mr. Slater wrote The Optimization Trap to help managers understand why optimization programs often fail to achieve their intended results. The book exposes the pitfalls of optimization programs while offering viable solutions. Based on Mr. Slater’s years of experience in inventory management, he identifies optimization traps and illustrates how to remedy these and achieve peak performance in operations.

“Improving operational outcomes typically involves optimization. It is what managers do. However, sometimes when seeking to optimize, people take actions that, without realizing it, limit both their options and their results. This is what I call the Optimization Trap,” stated Mr. Slater. “How do you make sure that you don’t get caught in the optimization trap and, if you do, how do you get free? This book identifies the key principles to both identify and be free of the ‘trap’.”

Similar to best selling management books such as The Goal, Who Moved My Cheese, and Fish!, The Optimization Trap uses an easy to read narrative style. By using inventory management as the example, Mr. Slater is able to address familiar, realistic everyday scenarios faced by managers and discuss how to apply the principles for avoiding the Optimization Trap. This book speaks not just to inventory managers; its tips and principles are applicable to any situation where managers are seeking to achieve optimal performance in its operations.

For Kindle users, please access the ebook The Optimization Trap via Phillip Slater author’s page at Amazon.com: http://amzn.to/L9npFE

For PDF (PC or Mac), EPUB (iPad, Nook and most ebook readers) please visit:http://bit.ly/L9nusU

For more information about the Initiate Action Community Fund, go to:http://bit.ly/MhynZ1

For video of Mr. Slater summarizing a number of his books, including The Optimization Trap, please visit http://youtu.be/q762uyFFjWs

###

Accounting, Business, Financial, Human Resources, Management

Ezra Penland Actuarial Recruitment Employs Two; Announces Scholarship Recipient; Sally Ezra Quoted

Leave a comment

The Leader in Actuarial Recruitment, Ezra Penland, is proud to announce the hiring of two new employees at the rapidly-growing, Chicago-based firm. Thomas Clohisy joins Ezra Penland as an Actuarial Recruiter. Tom has executive recruiting experience, as well as recruitment business development skills. He was also a successful commodities trader for a number of years, after having earned an MBA from Loyola University and a Bachelor’s degree from Purdue University. Tom can be reached at tom@EzraPenland.com.

John Gieger joins Ezra Penland as Corporate Librarian and Data Specialist. John earned a Masters of Library and Information Science from Dominican University, as well as a Bachelor’s in Audio Engineering from Belmont University. He has varied experiences as a data manager and a librarian, and brings with him exceptional computer skills and an innate ability for information organization. John may be reached at john@EzraPenland.com.

Additionally, Ezra Penland proudly awards their most recent $500 Actuarial Scholarship to Jordan Nadler. Ms. Nadler is a junior at Missouri State University where she is a Mathematics major with a concentration in Actuarial Science, and she is minoring in Finance and Risk Management & Insurance. In addition to tutoring mathematics, she is a member of the Delta Sigma Pi Professional Business Fraternity and treasurer of the Alpha Lambda Chapter of Gamma Iota Sigma, the Risk Management,Insurance and Actuarial Science Fraternity. Nadler has held an internship at American National and will hold an internship at Ernst & Young this summer in New York. She has passed two Actuarial Exams and is pursuing a career as an Actuary.

And, finally, Sally Ezra, Partner at Ezra Penland Actuarial Recruitment, was interviewed in the May-June, 2012 Contingencies, the magazine of the American Academy of Actuaries. The topic was the “Workers Compensation Predictive Modeling Comes of Age”, and Ms. Ezra discussed the hireability and availability of actuaries with such skills.

###

4256 N Ravenswood
Suite 200
Chicago IL 60613
actuaries@EzraPenland.com
http://www.EzraPenland.com
(800) 580-3972
Claude Penland, Partner or Sally Ezra, Partner

Business, Internet & Online, Management, Marketing, Real Estate, Travel

etc.venues Discard London Travel Worries

Leave a comment

etc.venues, owners of purpose built luxury conference centres in London and Birmingham, are today reacting to suggestions London’s entire transport network will be affected during this summer’s Olympic Games; claiming organisers are ‘overly exaggerating’ the situation and ultimately discouraging travel in the capital.

With the Games fast approaching there are concerns London’s ageing transport network will be unable to handle increases in passenger traffic – leading to major disruptions and congestion on the capitals roads, rail lines and underground tube lines during the event.

Organisers are already exercising caution with advertisements scattered throughout the city urging resident Londoner’s and commuters to plan their journeys before using public transport networks. However Alistair Stewart, managing director at etc.venues, believes Olympic officials are only adding to existing visceral doubts over the city’s transport networks and goes on to claim only certain areas will be affected by the Games itself.

“ Of course there will be disruptions- that’s a given during such a popular event- but with all these exaggerated warnings of congestion, road grid-lock, etc., organisers are putting fans and commuters off travelling into London altogether .” says Mr Stewart

“ It won’t be busy everywhere . According to recent reports by Transport for London (Tfl) 70% of roads in the capital will not be affected by the Games directly. It’s a similar story for the London Underground: only 35% of stations have been identified as ‘busier than usual’ .”

“ The best advice is to take heed of the information given, consider route changes and re-time your travel plans if need be. ”

With ten London conference venues, etc.venues is considered one of the capitals leading training and conference producers. And despite the Tfl admitting that business in London is expected to drop by 20%, etc.venues is still opening its doors to clients throughout the duration of the Games.

“It’s business as usual for us. We want our clients to travel into London during the Games. Not only can they organise their events, they can soak up the amazing atmosphere and buzz created across the city.”

###

Business, Internet & Online, Management, Marketing, Technology, Telecom

Make the Right Appointments with Voice Group

Leave a comment

Representing a great range of clients within a variety of sectors, Voice Group is one of the most respected brands in the call-centre industry. So from insurance firms to utilities companies, to financial and professional service providers, the team at Voice Group are able to use their wealth of experience to provide a variety of contact centre services that are applicable to the business and consumer marketplace.

These services include the Appointment Setting, which will create a series of qualified appointments for businesses. Voice Group utilise a tried and tested appointment generation process that guarantees that all meetings fulfil a pre-agreed criteria, go ahead, and ultimately generate a return for all clients.

The appointment setting team is supported by a dedicated and experience management resource, which includes additional training, quality control, account management, IT/MI, and general operational management. Voice Group also has the ability to source data and integrate additional marketing techniques, including SMS, email, and direct mail.

The target audience for the Appointment Setting Service is consumers, SME’s, and large corporate. Voice Group has spent years building a strong reputation with all of their clients, and are renowned for providing a quality service and proactive management, while meeting and exceeding clients expectations.

“Voice Group has recruited a varied team of experienced agents who are able to resolve all client issues,” said a Voice Group spokesperson. “We aim to assist all of our clients by utilising our specialist IT systems that are able to manage contacts and report and record calls. This enables us to help the process of appointment making and quality control.”

For additional information, please visit the VOICE Group website.

###

 

Business, Computers, Management, Software, Technology

eMaint Expands to Florida with New International Office

Leave a comment

eMaint Enterprises, LLC, a world leader in on-demand maintenance management systems since 1986, announced recently that it has opened a new office in Estero, Florida. The Florida office is part of eMaint’s international expansion to help support its growing client base in the Southern United States and Latin America.

“This is a very exciting step for us at eMaint,” said Brian Samelson, CEO and President at eMaint. “With our global client base, the opening of our Florida office will help us better support many of our clients with operations overseas. We have clients in Florida and the Southeastern United States as well and are glad to be able to add jobs in that area. Sergio and his team set standards for excellence, and we look forward to growing this team.”

eMaint’s flagship Computerized Maintenance Management Software product, X3 CMMS, is deployed at hundreds of customer sites in 23 countries in 8 languages. Spanish-language product support is utilized by several of eMaint’s clients with bi-lingual software needs.

Sergio Plaut was promoted to Director of International Operations and will be heading up the Florida office and eMaint International. In this position, he will develop strategic markets and grow eMaint’s business across international markets while developing sales and services and providing support for customers across the region.

Prior to his promotion, Mr. Plaut, a Brazilian native with a degree in Engineering, was a consultant working for American companies who wished to do business in Brazil. During his time as a consultant for eMaint, Mr. Plaut, who is fluent in Portuguese, Spanish, and English, translated the eMaint website into Portuguese, provided sales and support services to existing and potential clients in Brazil and participated twice in a National Maintenance Show promoted by the Brazilian Association of Maintenance.

Andre Morige has been hired as an International Support Specialist and will be working with Mr. Plaut in the Florida office assisting in all aspects of eMaint international. Mr. Morige is fluent in English, Portuguese, Spanish. The Brazilian native, who has lived in the U.S. for 16 years, is currently working towards two Bachelor’s degrees in Programming and in Security at Hodges University where he currently resides in Fort Myers, Florida.

Daniel Duran has joined eMaint as a Support Specialist. Mr. Duran who is fluent in both Spanish and English will be helping support the growing base of Spanish speaking customers in the U.S. and Latin America . He provides support to X3 software users as well as acting as a product knowledge resource for internal team members.

“Opening the Florida office is a huge step for this company and I am very happy to be part of it,” said Mr. Plaut. “Heading up the Florida office will give me a chance to cross into other markets and to give more extensive support to our clients in the southern states and Latin America.”

About eMaint Enterprises, LLC
eMaint, the leader in on-demand CMMS solutions, has been providing predictive maintenance and preventative maintenance management software solutions since 1986 and was one of the first CMMS providers to develop a completely web-based “Software as a Service” (SaaS) model for more rapid implementation at a lower total cost of ownership.

###

Business, Management, Marketing, Telecom

ABIBA Systems to expand Channel Partner Network in Africa, Middle East and Europe

Leave a comment

ABIBA Systems, a leading provider of telecom Business Intelligence and Analytics software solutions, has said it is further expanding its channel partner eco-system in Africa, Europe & Middle East in order to meet the business demand for its solutions in these regions amongst telecom operators

The plan comes as ABIBA Systems moves to take advantage of the rising demands for business intelligence and analytics software in EMEA. The region at present accounts for 39% of global demand for Business Intelligence Solutions, translating to USD 3.43 billion in terms of revenues.

Sathya Karthik, CEO, ABIBA Systems, said the company is exploring ways to expand its existing network of partners to help meet the growing business demand in EMEA.

He added that ABIBA has a robust pipeline, and forecast for the year 2012-2013 is very positive for its product and service portfolio. “We believe the African continent is poised for telecom challenges like falling ARPUs, intense competition and hence the demand for evolved BI & Analytics”. Sathya added that currently ABIBA’s sales are buoyant and its pipeline for both software and services is good despite the global spending pattern having altered from what it was a few years ago. “We expect this trend to be slightly different for Africa where we can see healthy demand and potential growth for our solutions going forward”.

He said the company, through the ABIBA Channel Partner Network Program, provides a solid foundation for partners committed to excellence and customer satisfaction. According to Sathya, ABIBA Systems provides a comprehensive sales and marketing support program that offers its partners significant opportunities to grow and widen their portfolio in the telecom domain. Also partnering with ABIBA Systems gives partners access to  over 40 years of telecom expertise and gain foothold in key  emerging business technologies like Business Intelligence, Analytics, Big data, Data warehousing, Mobile BI etc.

Sathya pointed out that ABIBA Systems remains focused on further strengthening and expanding its network of channel partners in EMEA to support the increasing demand for business software solutions and rapid growth of this market. “ABIBA is perfectly positioned to provide the right business software solutions that enable telcos to increase efficiencies, improve profitability and strengthen their competitive edge,” he concluded.

 

About ABIBA Systems

ABIBA Systems is a BI & Analytics Software company from Bangalore, India. ABIBA has chosen to tread the path of developing pre-built BI and Analytics products for Telecom with the objective of improving the business performance of its clients. Its product portfolio includes ChampionTM, TeleViewTM, CampProTM, TeleRASTM and TIMSTM. ABIBA helps its clients to enhance their decision making capabilities through its domain led consulting approach.

More information about ABIBA is available on the Internet at: www.abibasystems.com

Media contact:

Senthil Nathan R.,

Mobile: +91-99720-97824

Landline: +91-2679 6810

Mail: senthil@abibasystems.com

Accounting, Business, Financial, Law, Management

Anthony Citrolo Elected Executive Vice President & Director of The Long Island Chapter Of The Accountant/Attorney Networking Group Inc. (AANG)

Leave a comment

It has been announced today that, Anthony Citrolo, CPA, CVA, CMAA, CBI has been elected as the 2012 Executive Vice President and Director of the Long Island Chapter of the Accountant/Attorneys Networking Group Inc. (AANG)

The Accountant/Attorney Networking Group is comprised solely of practicing accountants and practicing attorneys who service multiple clients. The purpose of the group is to facilitate networking between and among attorneys and accountants – two professions that have enormous synergy and potential for cross referrals. AANG offers 12 monthly networking breakfast meetings exclusively for accountants and attorneys. AANG also hosts two major networking cocktail receptions open to all professionals. The organizations’ web site is www.aangny.org

According to Mr. Citrolo a Managing Partner of M&A firm NYBB/Reliance Strategies, “the AANG creates a great platform for Accountants and Attorneys to meet and share information and ideas that can be used to bring cutting edge financial and legal solution to business owners or entrepreneurs engaged in a business sale or acquisition. Further Mr. Citrolo adds, “since Accountants and Attorneys are key players of the deal team that representbusiness buyers and sellers, the coordination of their efforts can result in lowering the fees incurred in the transaction and giving the deal the best chance of being consummated.”

About NYBB/Reliance

NYBB/Reliance Strategies is a full-service Merger & Acquisition firm in Melville, New York assisting companies with up to $50M in revenue to develop an exit strategy or make a targeted acquisition. In addition to M&A and consulting services, NYBB/Reliance offers valuation services in determining both Business and Transaction Values. Anthony can be reached at 631.390.9650 or anthony@nybbinc.com.

###

Business, Computers, Financial, Internet & Online, Management, Software, Technology, Web 2.0

Axceleon Unveils Microsoft Azure Render Farms

Leave a comment

Axceleon is actively demonstrating the Microsoft Azure integrated workflow rendering process and render farm to customers and prospects.

Axceleon has released CloudFuzion for Azure and is showing existing Media & Entertainment customers and prospects how easy it is to integrate existing studio workflows into a cloud based render farm on Microsoft Azure with no impact on the artist.

CloudFuzion is integrated with applications such as Autodesk Maya, 3dsMax, Softimage, Adobe After Effects and allows launching of image renders from the application directly to an Azure render farm anywhere in the world. CloudFuzion will move the scene, including any attributes or references, from the studio data repository to the Azure render farm and in turn will move the resulting rendered images back to the studio data repository as part of an automated workflow. The animator or artist is oblivious as to where the images are being processed or rendered.

Also released was a CloudFuzion implementation of a high performance cluster running on Microsoft Azure for use by power utility & energy companies worldwide.CloudFuzion is integrated with applications such as PSLF and SSTOOLS from General Electric Energy, and PSS®E from Siemens and these applications can be run on a CloudFuzion managed Azure cluster.

CloudFuzion is a workflow automation solution, no render wrangler required for media& entertainment industry, with color coded job status, a simple self-service user interface and also supports split frame/tiling and stitching of large 3dsMax and Maya images for further render acceleration along with processor affinity settings to maximize 3D application core usage by machine.

CloudFuzion also enables single threaded applications to use many cores in a multi-core machine or computer. This enhances the speed of processing and further improves the time to results, a major productivity tool for engineering studies and financial analysis.

For nearly 12 years, EnFuzion has been widely deployed in the energy, financial, bioinformatics, telecommunications, scientific research and engineering market segments, as well as for 3D rendering, where it helped users to get more results faster.

ABOUT ENFUZION & CLOUDFUZION
EnFuzion® and CloudFuzion®, high performance cluster computing software, is developed here in the United States by Axceleon. The CloudFuzion® platform is available as a service (PaaS) and used on larger public clouds, such as Microsoft Azure and Amazon EC2, compute grids and high performance internal cloud computing environments and runs natively on all major OS platforms Windows®, Linux®, Mac OS® and Unix®.

EnFuzion® cluster computing software is currently deployed in power/energy utilities, 3D applications, financial services, bioinformatics, scientific research, telecommunications and engineering, where it helps users to get more results faster.

EnFuzion® was one of the first size able deployments of grid computing technology on Wall Street in 2000.

To learn about CloudFuzion®, please visit CloudFuzion Website www.CloudFuzion.com and EnFuzion3D Website at www.EnFuzion3D.com.

Contact Details: Axceleon Inc
101 Main St. Suite 275
Huntington Beach, Ca 92648.
(714)960-5200

###