Technology

Essential Edge Commences Next Stage of Strategic Growth Plan by Naming New Board of Advisors

Published

11 months ago

February 16, 2024

Board of highly accomplished industry leaders will provide expertise and guidance to fast-growing compliance outsourcing firm

SANTA FE, N.M., Feb. 16, 2024 /PRNewswire/ — Essential Edge Compliance Outsourcing Services LLC (Essential Edge), which provides third-party compliance services for broker-dealers and registered investment advisers (RIAs), announces the appointment of five highly regarded and experienced wealth management industry executives to its newly formed Board of Advisors.

The creation of this new advisory board comprising widely recognized industry leaders will enable Essential Edge to capture greater growth opportunities, while also expanding its value proposition to wealth management clients across the country who seek to leverage a cost-effective third-party solution for their regulatory and compliance challenges.

“Since launching Essential Edge, we have generated significant growth year over year by delivering on our core value proposition, which is in greater demand than ever before – providing outsourced, comprehensive compliance supervision and regulatory solutions that can, in effect, act as an extension of any wealth management enterprise’s compliance department,” said Sander Ressler, Co-Owner and Managing Partner. “As the complexities and costs associated with day-to-day compliance supervision and extraordinary regulatory compliance events continue to multiply, wealth management enterprises increasingly face a stark decision: continue to add full-time compliance supervision employees, dramatically increasing their operating costs, using capital and resources that could otherwise be used for more growth and revenue-generating functions of the business, or be smart and selective by partnering with third-party providers that can act as extensions of their compliance departments.”

The members of the Essential Edge Board of Advisors include the following professionals:

Larry Roth, Managing Partner of RLR Strategic Partners, a consultancy and M&A advisory firm. In addition to his work with RLR, Mr. Roth provides comprehensive mergers & acquisitions solutions, delivered in association with Berkshire Global Advisors, the leading international investment bank focused on supporting transactions between financial services companies. Mr. Roth, who has three decades of experience in the wealth management industry, oversees the Board of Advisors for Haven Tower Group and sits on the Board of Directors of both Oppenheimer & Co. and Clark Capital Management Group. Previously, Mr. Roth served as CEO of AIG Advisor Group as well as CEO of Cetera Financial Group, two of the largest networks of independent financial advisors in the country.Joseph Kuo, Founder and CEO of Haven Tower, a leading strategic communications agency for the wealth management industry. Bringing 25 years of experience in PR, corporate communications and marketing communications for financial services firms, Mr. Kuo’s work encompasses both ongoing brand elevation campaigns as well as communications support for transactional, regulatory and special situations. Before launching Haven Tower in 2011, he served as Senior Vice President and Head of Public Relations at LPL Financial, one of the largest independent wealth management firms in the country. Prior to that, Mr. Kuo was a Partner at Kekst & Company, a leading New York City-based global public relations firm now known as Kekst CNC. He has served on the Board of Advisors of Entreda, a leading cybersecurity solutions firm for the wealth management space, providing strategic counsel to the company for two years, in support of its successful sale to Smarsh in 2020.Miriam Lefkowitz, Principal of Miriam Lefkowitz, LLC and Coda Advisory Group LLC. Ms. Lefkowitz provides expert consulting and testimony on securities compliance issues in various legal settings, such as court cases, arbitrations, administrative law forums and settled actions. She also advises broker-dealers and RIAs on their retail compliance programs, has been approved to serve as compliance consultant for firms seeking cooperation credit in settlements with the SEC and/or as an independent compliance consultant in connection with such settlements. Before going in-house, Ms. Lefkowitz served as Senior Counsel in the Enforcement Division of the Securities & Exchange Commission and practiced law at a firm in Miami. She was on the Board of Directors of the National Society of Compliance Professionals (NSCP) from 2014-2019, serving as its Chair in 2018. Previously, she served as the Chief Legal Officer of Summit Equities, Inc./Summit Financial Resources, Inc. from 2014-2019 and as its Chief Compliance Officer from 2014-2015.Jeff Nash, Co-Founder and CEO of Bridgemark Strategies, a third-party recruiting firm for broker-dealers, RIAs and Aggregators. He has over 30 years of industry experience and over 20 years of experience coaching and consulting with financial advisors to help them navigate major transition decisions such as broker-dealer changes and succession planning. Previously, Mr. Nash worked for six years as a financial advisor and spent 14 years in various leadership roles at LPL Financial.Sid Yenemandra, Founder and CEO of Surge Ventures, a RegTech venture studio that co-creates data governance, privacy and compliance management start-ups for regulated industries including financial services and wealth management. He was previously a founder of Entreda, a company that quickly rose to become the top provider of cybersecurity compliance software to financial services firms. Under Mr. Yenemandra’s guidance, Entreda was acquired by K1 Capital and RegTech Unicorn Smarsh in 2020, and he served as CEO for approximately three years post-acquisition.

About Essential Edge Compliance Outsourcing Services LLC
Essential Edge Compliance Outsourcing Services, LLC (“Essential Edge”) is a strategic consultancy specializing in compliance and regulatory affairs. Headquartered in Santa Fe, NM and encompassing 25+ seasoned compliance supervision professionals across the country, Essential Edge delivers outsourced branch inspections to Offices of Supervisory Jurisdiction (OSJs) and independent financial advisor practices affiliated with broker-dealers throughout the country. Essential Edge’s service offerings are designed to rapidly identify and resolve compliance issues in branch office sales and operations for independent broker-dealers before they escalate into expensive and time-consuming issues. For more information, please visit www.eeoutsourcing.com.

Media Contact:

Paul Menchaca
Haven Tower Group
424-317-4871
pmenchaca@haventower.com

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SOURCE Essential Edge Compliance Outsourcing Services, LLC

Technology

RADCOM to Report Fourth Quarter and Full Year 2024 Results on February 12, 2025

Published

23 minutes ago

January 15, 2025

Management to hold a conference call on the same day at 8:00 AM ET

TEL AVIV, Israel, Jan. 15, 2025 /PRNewswire/ — RADCOM Ltd. (Nasdaq: RDCM) announced today that it will report its financial results for the fourth quarter and full year 2024, which ended December 31, 2024, on Wednesday, 12, February 2025, before the opening of trade on the Nasdaq Stock Market.

RADCOM’s management will hold an interactive conference call on the same day at 8:00 AM Eastern Time (3:00 PM Israel Standard Time) to discuss the results and answer participants’ questions.

A live webcast of the presentation will be available at https://Veidan.activetrail.biz/radcomq4-2024. The webcast will be archived for 90 days following the live presentation.

To join the interactive call, please call one of the following numbers approximately five minutes before the call is scheduled to begin:

From the US (toll-free): +1-866-652-8972
From other locations: +972-3-9180644

A conference call replay will be available the same day on the Company’s investor relations website, www.radcom.com/investor-relations.

For all investor inquiries, please contact:

Investor Relations:
Miri Segal
MS-IR LLC
msegal@ms-ir.com

Company Contact:
Hadar Rahav
CFO
+972-77-7745062
hadar.rahav@radcom.com

About RADCOM

RADCOM (Nasdaq: RDCM) is the leading expert in 5G ready cloud-native, network intelligence solutions for telecom operators transitioning to 5G. RADCOM Network Intelligence consists of RADCOM Network Visibility, RADCOM Service Assurance, and RADCOM Network Insights. The RADCOM Network Intelligence suite offers intelligent, container-based, on-demand solutions to deliver network analysis from the RAN to the core for 5G assurance. Utilizing automated and dynamic solutions with smart minimal data collection and on-demand troubleshooting and cutting-edge techniques based on machine learning, these solutions work in harmony to provide operators with an understanding of the entire customer experience and allow them to troubleshoot network performance from a high to granular level while reducing storage costs and cloud resource utilization. For more information on how to RADCOMize your network today, please visit www.radcom.com, the content of which does not form a part of this press release.

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SOURCE Radcom

Technology

NJFX Welcomes Multinational Bank to Ecosystem Advancing Cloud and AI Connectivity

Published

23 minutes ago

January 15, 2025

WALL TOWNSHIP, N.J., Jan. 15, 2025 /PRNewswire/ — NJFX, the Tier 3 carrier-neutral cable landing station and colocation campus is thrilled to welcome another major multinational bank into its robust ecosystem. This new partnership underscores NJFX’s pivotal role in facilitating secure, efficient, and resilient network strategies for financial organizations.

The latest addition to the NJFX ecosystem represents a leading European financial institution with over 160 years of heritage and a presence spanning 65 countries. The bank’s expertise in Private Banking, Insurance, Global Banking and Investor Solutions, and International Retail, Mobility, and Leasing Services positions it as a critical player in the global economy. Leveraging NJFX’s unique infrastructure, the bank aims to enhance its private and public cloud connectivity and explore advanced AI applications, setting a benchmark for innovation and resilience.

NJFX’s Wall, New Jersey campus is the hub where leading global cloud operators interconnect with transatlantic subsea cables linking Europe, South America, and the Caribbean. By joining NJFX’s, the bank secures unprecedented access to diverse, carrier-neutral pathways, ensuring a “never down” approach to its global operations. NJFX’s ecosystem offers an unique connectivity model guaranteeing transparency and true diversity, aligning with the stringent requirements of the financial market.

“Our ecosystem has always been a cornerstone for industries requiring unparalleled network reliability and global reach,” said Gil Santaliz, Founder and CEO of NJFX. “Welcoming this esteemed financial institution further validates our vision to provide transformative infrastructure that supports not just today’s needs but also tomorrow’s advancements in AI and cloud technologies.”

The collaboration exemplifies NJFX’s commitment to serving the financial sector with cutting-edge connectivity solutions. As NJFX continues to expand its global footprint, this partnership highlights its role in bridging continents and fostering innovation.

About NJFX
NJFX owns and operates a Tier 3 Connectivity Hub offering data center, colocation, and CLS services in Wall, New Jersey. Hosting over 35 global and US operators providing direct transatlantic connectivity to Europe, South America, and the Caribbean. NJFX offers high and low-density colocation solutions with 24/7 support. NJFX provides a carrier-neutral marketplace to operators, content providers, enterprise, financial, and government entities who need network reliability, security, and scalability. The NJFX facility enables diverse connectivity options and ensures cost efficiency by offering direct interconnection without recurring cross-connect fees.

For media inquiries, please contact:
Emily Newman – Director of Marketing
emily@njfx.net

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SOURCE NJFX

Technology

GSV Announces the 2025 GSV Cup 50

Published

23 minutes ago

January 15, 2025

CHICAGO and NEW YORK and SAN FRANCISCO, Jan. 15, 2025 /PRNewswire/ — The GSV Cup, presented by Amazon Web Services (AWS) and GSV Ventures, is proud to unveil the 50 most innovative digital learning and workforce skills startups that are poised to revolutionize “PreK to Gray” learning in 2025 and beyond.

The world’s most innovative digital learning and workforce skills startups.

With the most nominations in GSV Cup history, 1,900+ nominations were evaluated using GSV’s “Five P’s” framework—People, Product, Potential, Predictability, and Purpose—to select the top 50 pre-seed and seed-stage startups advancing innovation across early childhood, K-12, higher education, workforce learning, and adult consumer learning.

“Startups are the lifeblood of the ASU+GSV community,” said Deborah Quazzo, Managing Partner of GSV Ventures and Co-founder of the ASU+GSV Summit. “The GSV Cup 50 are the brightest stars of tomorrow, enabling Learning at the Speed of Light for educators, workforce leaders, and learners everywhere. We’re proud to recognize these early-stage innovators as they revolutionize learning in the age of AI.”

The 2025 GSV Cup 50 are Amigo, Atypical AI, Avoca, Axio AI, Bloom App, Boddle, BrightBee, Brisk Teaching, Careerflow.ai, Cerebry, Class Companion, Coconote, Doowii, Ed Machina, Eddi, Ednition, Emversity, Fizz, Flint, Gizmo, Glasp, GrowthSchool, Heeyo, Hoogly, Kollegio, Lightscreen Ai, Ludenso, Lyssn, Masters’ Union, Mentava, Mesa School, mytalents.ai, OutSmart College, Paloma, Praxis AI, Puzzicle, Quizard AI, SchoolAI, Schoolytics, SigIQ, Sizzle AI, Skillfully, Snorkl, Solvely.ai, Stimuler, TAP, Toko, Unriddle, Upsmith, and Woolf.

Of the 50, 78% are US-based, with additional representation from India, Singapore, Norway, Austria, and Australia. The GSV Cup 50 will showcase their innovations at the 16th Annual ASU+GSV Summit, April 6-9, in San Diego, CA.

Learn more here.

ABOUT ASU+GSV
Founded in 2011, GSV is a global platform driving education and workforce skills innovation. We believe ALL people deserve equal access to the future and that scaled innovations in “PreK to Gray” learning and skills are crucial to achieving this goal. The GSV platform includes the ASU+GSV Summit, hosted annually in San Diego with 7,000+ attendees; the third annual India-based ASU+GSV & Emeritus Summit; and The AI Show @ ASU+GSV, an immersive exploration of the AI Revolution in education, which welcomed 10,000+ attendees in 2024. GSV Ventures, founded in 2015, is a multi-stage venture fund investing in the most transformational companies across the global “PreK to Gray” landscape.

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SOURCE ASU+GSV Summit