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Broadridge Launches Enhanced Operational Resilience Solution and Services for International Post-Trade Processing

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NEW YORK and LONDON and TOKYO, Oct. 15, 2024 /PRNewswire/ — In response to the increased sophistication and prevalence of cyber threats, and board mandates on operational resilience, Broadridge Financial Solutions, Inc. (NYSE: BR) has launched a range of enhanced services and solution capabilities for international post-trade processing. These capabilities enable firms to comply with the European Union’s Digital Operational Resilience Act (DORA) and other global regulations requiring a heightened level of operational resilience and are available to banks and brokers that currently use Broadridge’s leading International Post-Trade processing solution, as well as to the wider industry to augment their inhouse or vendor systems and operational teams.

“The DORA compliance deadline is just three months away and the clock is ticking. Non-compliance will expose financial firms to an increased risk of cyber incidents, security breaches and system outages, as well as the potential for reputational damage and avoidable regulatory penalties,” said Danny Green, Head of International Post-Trade Solutions, Broadridge.  “It is vital that firms are advancing their plans for the timely completion of both inhouse and third-party system reviews, and that they have a robust strategy to meet their prescribed recovery time objectives (RTOs) for their operating model.”

Broadridge’s operational resilience services and solutions for international post-trade processing enable firms to mutualize the cost of ensuring business continuity in the face of growing cyber-attacks, and of complying with DORA and other international operational resilience mandates through a shared services pricing model that includes:

Deeply knowledgeable professional services: Specialized expertise and advanced analytical tools to assess and validate firms’ risk and control frameworks relating to internal and third-party systems and service provider data. It includes thorough evaluations of current frameworks to identify potential vulnerabilities, validation of risk controls and recommendations for enhancing the robustness and efficiency of operational risk management practices.High-availability recovery: The provision of back-up environments that are the regulatory-prescribed distance away from a firm’s primary site, and that meet recovery time objectives within the required timeframe and to the required standard in the event of a cyber-attack or outage.  Broadridge’s enhanced solution can reduce recovery times from hours to minutes.Enhanced recovery of entire system infrastructure: An enhanced cyber-recovery capability that can prevent the compromise of critical data assets in as robust a manner as possible.  By deploying secure, immutable storage, Broadridge can support unalterable, point-in-time copies of a firm’s international post-trade infrastructure including the operating system, post-trade software and critical data. In the event of a cyber incident, these secure, cyber-resilient copies can be swiftly restored to enable faster and easier system recovery.

About Broadridge

Broadridge Financial Solutions (NYSE: BR) is a global technology leader with the trusted expertise and transformative technology to help clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences. 

Our technology and operations platforms process and generate over 7 billion communications per year and underpin the daily trading of more than $10 trillion of securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 14,000 associates in 21 countries. For more information about us, please visit www.broadridge.com

Broadridge Contacts:

Investors: 
Edings Thibault
Head of Investor Relations, Broadridge
broadridgeir@broadridge.com

Media:
Gregg Rosenberg
Global Head of Corporate Communications
Gregg.Rosenberg@broadridge.com

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SOURCE Broadridge Financial Solutions, Inc.

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RESA Power Significantly Expands Its Medium Voltage Power System Supply and Engineering Capability with the Acquisition of Prime Engineering Ltd.

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HOUSTON, Oct. 15, 2024 /PRNewswire/ — RESA Power, LLC (the “Company”), a market leader in power systems electrical testing, transformer services, and life extension solutions for power distribution equipment, has announced the acquisition of Prime Engineering Ltd. (“Prime”).

Based in Victoria, British Columbia, Prime is a full-service electrical design, engineering, supply, and services business that has specialized in medium voltage electrical power and control systems, as well as providing electrical field services, since 2010.

With the Prime acquisition, RESA Power significantly enhances its engineering capability and adds expertise in the supply of medium voltage power systems in Canada and the USA, increasing its ability to meet the needs of their customers’ most demanding and challenging requirements.

Mark Angus, Chief Growth Officer at RESA Power, commented on the acquisition, “The acquisition of Prime Engineering significantly bolsters our ability to design, engineer, and supply medium voltage equipment, and this will have a positive impact not just in Canada but across RESA’s entire business in North America. The Prime Engineering team has a proven record for providing innovative engineered solutions that have enabled them to build an unparalleled reputation across their loyal customer base for almost fifteen years.”

Eric Sleigh, co-owner, and General Manager of Prime Engineering, stated, “Along with my fellow co-owners, we are excited to partner with RESA Power. They are a nationally scaled provider of electrical power solutions in Canada and the USA, and we feel this partnership will allow us to expand more quickly into new geographic markets across North America.” Co-owner and Director of Operations, Chris Duggan added, “Just like RESA, Prime was founded on a culture of problem-solving, strong customer relations, and an unbridled enthusiasm for supplying innovative electrical power solutions engineered for specific customer requirements. We look forward to strengthening this commitment with the backing and resources available at RESA Power.”

This is the seventh acquisition that RESA Power has completed in 2024, and the twelfth since the beginning of 2022, when it joined Investcorp.

In accordance with RESA Power’s commitment to recognizing the hard work and expertise of its newly acquired employees, the company offers immediate participation in the Employee Ownership Plan (EOP) to any employee who joins through acquisition and has or will soon reach, a year of service with their newly acquired company in the current year. This unique benefit in the electrical power industry is designed to demonstrate RESA Power’s appreciation for its employees and to align with the company’s “One RESA” philosophy, which emphasizes collaboration and teamwork. By providing all employees with a stake in the company’s success, RESA Power is fostering a culture of shared ownership and enabling its employees to contribute to the long-term growth and success of the business.

About RESA Power

RESA Power, a portfolio company of Investcorp, a global alternative investment firm, is a market leader in power systems services and life extension solutions for power distribution equipment used in mission-critical environments. With locations across the United States and Canada, RESA Power is uniquely capable of ensuring its customers’ critical power systems are safe, reliable, and operating at peak efficiency. The technicians and engineers at RESA Power are experts in testing and servicing transformers, relays, breakers, and other key components of power distribution and control systems. RESA Power also provides quick turn-around custom manufactured or retrofit switchgear and breaker solutions and maintains an extensive inventory of obsolete and hard-to-find components. For more information about how to join the RESA Power group, visit www.resapower.com or follow @RESAPower on LinkedIn

Media Contact:
Julia Baranava
384744@email4pr.com
(832) 900-8340

View original content to download multimedia:https://www.prnewswire.com/news-releases/resa-power-significantly-expands-its-medium-voltage-power-system-supply-and-engineering-capability-with-the-acquisition-of-prime-engineering-ltd-302275222.html

SOURCE RESA Power

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NUU Unveils New Flagship for the B Series and Launches a New Addition to the N Series, Delivering Affordable Android Smartphones with Unmatched Value and Style

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DALLAS, Oct. 15, 2024 /PRNewswire/ — NUU, a leader in mobile technology, proudly expands its flagship B Series and introduces the new, affordable N Series with the launch of two devices designed to deliver exceptional value and performance: the NUU B30 5G and the NUU N10. Committed to offering cutting-edge technology at accessible prices, NUU continues to position itself as the go-to brand for consumers seeking premium quality without the premium price tag.

Danny Sit, CEO of NUU, expressed his enthusiasm for the launch, stating, “We’re excited to introduce the new N Series, which provides consumers full functionality at an entry-level price point, while also expanding our flagship B Series to deliver even more choices. Our goal is to ensure that all our users, regardless of budget, have access to high-quality smartphones that offer great value and performance.”

Introducing the NUU N10: Pedal to the Metal
At an MSRP of $99.99, the NUU N10 offers unbeatable value with its refined design and robust feature set. Built for users who demand both style and performance, the N10 sports an elegant zinc alloy outer finish for enhanced durability and a premium look, available in Obsidian Black and Arctic White. With a 6.6″ HD+ display featuring a 90Hz refresh rate and powered by a 1.6GHz octa-core processor, the N10 provides a seamless user experience for everything from daily tasks to media consumption.

Refined Design: The zinc alloy frame not only adds to the device’s visual appeal but also improves durability and corrosion resistance.Seamless Performance: The N10’s 4GB RAM and 4GB extended RAM ensure smooth multitasking, while 128GB of storage offers ample space for all your content.Capture Every Moment: Equipped with a 13MP rear camera, 2MP macro lens, and AI-powered enhancements, the N10 delivers vibrant photos every time.Long-Lasting Power: A 5000mAh battery keeps you connected all day, ensuring the N10 is ready whenever you need it.Ready Out of the Box: Includes a protective case, USB-C charging cable, and adapter.

Introducing the NUU B30 5G: Next-Level Performance and Design
For those seeking a feature-rich option in the mid-range category, the NUU B30 5G, with an MSRP of $289.99, delivers high-end features at a fraction of the cost. Featuring a stunning 6.7″ AMOLED FHD+ display, the B30 5G is designed to handle everything from gaming to productivity with ease. Notably, the upgraded camera excels in low-light conditions, allowing users to capture stunning photos in any environment.

Stunning Display and Design: With a curved AMOLED FHD+ display, the B30 5G offers vibrant, lifelike colors and sharp detail, making it perfect for streaming, gaming, and more.Powerful Performance: Powered by an Octa-Core 2.6GHz processor, 8GB RAM, and 8GB extended RAM, the B30 5G ensures smooth operation, while 256GB of storage provides ample space for your apps, games, and media.Enhanced Photography: The improved tri-camera system, featuring a 64MP main lens, 8MP wide-angle lens, 2MP macro lens, and 32MP front selfie camera, captures every shot with precision and clarity.All-Day Battery: A 5000mAh battery with 30W fast charging keeps the B30 5G powered up, reaching 50% charge in less than 30 minutes.Everything You Need in One Box: Comes with a protective case, USB-C charging cable, and adapter.

Both the N10 and B30 5G are powered by the latest Android™ 14 OS, offering a streamlined user experience with Google’s new Gemini AI for smarter performance, featuring Google Photos Magic Editor, side-mounted or in-display fingerprint recognition, and a suite of security and customization features. 

Availability and Pricing
The N10 and B30 5G will be available at select retail locations and online channels starting October 15, 2024. As part of the Early Bird Special, customers can purchase the N10 for just $89.99 and receive a complimentary pair of NUU Buds A (valued at $49.99), or opt for the B30 5G at $259.99 and receive a free pair of NUU Buds B (valued at $69.99). For more details, visit NUU’s website.

About NUU
Headquartered in Dallas, TX, NUU is a global leader in the development and manufacturing of high-quality, affordable mobile devices. With a mission to bridge the gap between technology and accessibility, NUU continues to deliver cutting-edge smartphones that cater to the needs of consumers worldwide. For more information, visit www.nuumobile.com.

Media Contact:
Kelsey Cone
384753@email4pr.com
PH: 818-278-4068

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SOURCE NUU

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Automotive Tech Entrepreneur Joe Neiman Launches DealerClub

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SARASOTA, Fla., Oct. 15, 2024 /PRNewswire/ — Today, Joe Neiman (former founder of ACV Auctions) announced the debut of his latest creation, DealerClub, the first and only reputation-based auto auction platform for buying and selling wholesale vehicles. An exclusive marketplace for professionals, DealerClub is built upon the concept that each member puts their reputation on the line and is accountable for the vehicles they sell based on a rating system. This results in a transparent process where members can trust that the vehicles they purchase at auction are accurately represented and backed by the seller’s reputation in the marketplace.

“The dealers behind the cars are the foundation of a great auction experience,” says Neiman. “DealerClub believes in those dealers. It’s about finding better inventory. Buyers and sellers alike are looking for a no-surprises experience. With the seller’s reputation on the line, buyers can be confident the vehicle they bid on is the vehicle they get. Meanwhile, trustworthy sellers who have earned high ratings enjoy more sales at higher rates, as well as the unique ability to actually be paid to sell on DealerClub’s platform, instead of paying a sell fee like they are accustomed to with other auction providers.”

Key Features and Benefits of DealerClub:

Reputation-Based
No other auction provides buyers and sellers with this level of transparency. At a glance, buyers can see how sellers rate across multiple categories including sell-through rate, vehicle inspection accuracy, and their consistency with providing titles. Sellers, meanwhile, benefit from increased bidder confidence in their vehicles as their rating increases, bringing in additional deals at higher values, creating additional selling success, and unlocking further economic incentives.

Better Inventory Experiences
Vehicles are described more honestly and accurately with the seller’s reputation on the line and backed by DealerClub’s proprietary rating system. The result is a more transparent process where buyers get what they are expecting, and sellers can accurately describe the condition of the vehicle, resulting in a “no surprises” transaction.

Real-Time Auctions
DealerClub offers unprecedented flexibility for both buyers and sellers. Sellers can list the car when they want, how they want, and describe the vehicles as they see fit. Buyers get a real-time auction sent straight to them, including pictures, video, personalized vehicle descriptions, seller history and ratings, customizable user profile pages, interactive chat, and seamless title, payment, floorplan, and transportation solutions—all wrapped up with the most transparent communication and vehicle descriptions in the automotive wholesale industry.

Maximum Bidder Engagement
All auction prices on DealerClub start at $0, maximizing bidding engagement. DealerClub’s bidding format attracts the highest number of unique bidders per auction, delivering the most engaging experience, and resulting in more successful outcomes. DealerClub’s robust platform is completely new from the ground up, with the industry’s most flexible and comprehensive search and filter capabilities, as well as notifications and alerts. Additionally, all versions of the experience share feature parity, so there are no limitations with regard to features or functionality whether using DealerClub on desktop or mobile devices.

“Perhaps the biggest obstacle today in the wholesale marketplace is the fragmentation of where to go to buy and sell your inventory,” says Founder Neiman. “Then there’s the challenge of counterintuitive condition reporting. Too much subjectivity is placed on the process and in the majority of cases, a vehicle’s description fits a script but isn’t reflective of its actual cash value. This is the core reason DealerClub was created.”

“Successfully selling in the wholesale ecosystem requires that buyers have confidence and no fear,” says founder Joe Neiman. “In order to achieve that, the seller’s reputation must be part of the equation. Used cars are not commodities. Their value is the collective result of the seller, their intent to sell, how they represent the vehicle, and the vehicle’s condition. You simply cannot achieve the true value of a used car unless you are able to tell the whole story of that car. Therefore, the essence of wholesale is truly an art, and not just data and science. DealerClub is the blank canvas that dealers have been waiting for.”

For more information on DealerClub and its wholesale vehicle rating platform or to sign up to be a member, please visit www.dealerclub.com.

About DealerClub:

Make auctions great again! DealerClub’s purpose is to become the best wholesale marketplace for professional dealers by creating a platform that incorporates all of the necessary components for a successful buying and selling experience. We know that the people themselves make or break the auction. At DealerClub, it is literally a club, and not everyone is getting inside the gate. Sellers are incentivized to accurately describe and list their vehicles, and build a positive reputation for themselves. Buyers can bid and buy with total confidence, because they know exactly the type of seller they are engaging with. Visit us at www.dealerclub.com.

Media Contact:
Laurie Halter
Charisma! Communications
503-816-2474

View original content:https://www.prnewswire.com/news-releases/automotive-tech-entrepreneur-joe-neiman-launches-dealerclub-302275914.html

SOURCE DealerClub

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