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OKX Strengthens Executive Leadership Team, Appoints Yuri Mushkin as Global Chief Risk Officer

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SINGAPORE, Oct. 14, 2024 /PRNewswire/ — OKX, a global exchange and onchain technology company, today announced the appointment of Yuri Mushkin as its Global Chief Risk Officer, based in Singapore.

Yuri joins OKX from McKinsey Investment Office (“MIO”) Partners, a global investment advisory institution which manages over USD20B across public and private markets. He brings over two decades of capital markets and risk management experience across traditional and digital assets, serving in executive roles at multinational companies such as Goldman Sachs and McKinsey & Co. In his role at OKX, Mushkin leads the firm’s global risk strategy and a business-independent enterprise risk function, reporting directly to the CEO and Board of Directors.

OKX Founder and CEO Star Xu said: “Strong risk management has always been a top priority for us and part of our DNA. We’ve demonstrated our resilience over more than 10 years navigating multiple crypto market cycles and our global stakeholders now include the leading regulatory agencies, financial institutions and corporate partners. I’m thrilled to welcome Yuri as our Global Chief Risk Officer. His appointment is part of our continued investment in building products that meet the high expectations of our customers and global stakeholders.”

OKX is committed to building responsibly around the world. On October 10, the company announced it is operationally live and licensed in the UAE. With the announcement, the firm became the first global crypto company in UAE to offer AED banking rails for its retail and institutional customers.

In September, the company announced that its local entity, OKX SG Pte. Ltd. (OKX SG), received a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).

In July, OKX designated Malta as its Markets in Crypto-Assets (MiCA) hub, which will allow the exchange to offer products and services to over 450 million EU residents in the coming months.

OKX is dedicated to transparency and publishes its Proof of Reserves on a monthly basis.

For further information, please contact:
Media@okx.com

About OKX

OKX is a technology company with a mission to organize the world’s blockchains and make them more accessible and useful.

We want to create a future that makes our world more efficient, transparent and connected.

OKX began as a crypto exchange giving millions of people access to trading and over time became among the largest platforms in the world. In recent years, we have developed one of the most connected onchain wallets used by millions to access decentralized applications (dApps).

OKX is a brand trusted by hundreds of large institutions seeking access to crypto markets on a reliable platform that seamlessly connects with global banking and payments.

Our most well-known products include: OKX Exchange, OKX Wallet, OKX Explorer, OKX OS, OKX Ventures and OKX Institutional. To learn more about OKX, download our app or visit: okx.com

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A1 International Business enhances its international voice operations with Linxa Connect

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A1 International Business teams up with Linxa to revolutionize its international voice operations with exceptional levels of automation and efficiency.

LONDON, Oct. 15, 2024 /PRNewswire/ — Linxa, a leading provider of telecom software solutions, is proud to announce that A1 International Business, a key division of A1 Telekom Austria Group responsible for international voice, messaging, and roaming, has successfully gone live with Linxa Connect to support its international voice operations. This strategic partnership marks a major milestone, with Linxa Connect replacing multiple legacy routing, rating, billing, pricing, and reporting systems to deliver unprecedented automation and operational efficiency.

Linxa implemented its hybrid deployment model, hosting Linxa Connect in Germany while deploying routing servers on-site at A1’s premises. This setup will allow A1 to reduce operational complexity and costs by replacing several legacy systems. With its greater ability and flexibility, the Linxa platform will enable A1 International Business to adapt more quickly to evolving market demands and better serve its customers.

“We’re thrilled to support A1 International Business, a significant European and global player in the wholesale industry,” said Kunal Dave, Vice President, Global Sales at Linxa. “By transitioning A1 to our advanced Linxa voice platform, we’ve accelerated transformation of their international voice operations, streamlining processes, improving operational efficiency, and realizing significant cost savings. The platform offers further opportunities for growth by integrating other Linxa products, enabling A1 to explore even more creative solutions in the voice and number-intelligence space.”

The Linxa project team worked closely with A1 to understand their challenges, re-engineering processes and leveraging the flexibility of Linxa Connect to mitigate issues. This collaboration has enhanced A1’s ability to respond swiftly to market demands, delivering dynamic solutions  to their customers and partners.

Denis Filazafovitch, Director of International Business at A1, stated: “Migrating to Linxa’s voice platform marks a significant step in the ongoing transformation of A1’s international voice business. With Linxa Connect, we’ve gained greater operational efficiency and the agility to navigate the increasing complexity of the international voice market. This shift provides us with enhanced control and confidence in our core operations, while also opening new opportunities for growth through advanced business intelligence and security features.”

As A1 International Business moves forward with Linxa Connect, the company confirms its commitment to serve its customers with the highest quality and efficiency, involving industry innovations and dynamically responding to changes in the international telecom landscape. This project underscores Linxa’s dedication to innovate and deliver cutting-edge solutions, that enables partners to operate more efficiently and competitively.

About Linxa

Linxa delivers telecom software platforms designed to make it simpler and faster to grow profitability and capture new revenue in the complex telecom market. Along with high performance switching and network products, we offer tools and support to efficiently manage rating, pricing, routing, monitoring / reporting and invoicing with high levels of automation. This enables telecom providers to focus on their core business, reduce fraud and disputes, while optimizing routing and making real-time decisions based on price and quality. Linxa has offices in the UK and Turkey with local presence in USA, Sweden, Netherlands, Germany, Tunisia, South Africa and Australia. 
www.linxa.com

About A1 International Business

About A1 Group:

A1 Group, listed on the Vienna Stock Exchange, is a leading provider of digital services and communications solutions in Central and Eastern Europe with around 29 million customers, currently operating in seven countries under the brand A1: Austria, Bulgaria, Belarus, Croatia, the Republic of Serbia, Slovenia and the Republic of North Macedonia.

Offering communications, payment and entertainment services as well as integrated business solutions, A1 Group achieved revenues of 5.3 billion Euros by year end 2023. Around 18,000 employees and state of the art broadband infrastructure make digital business and lifestyle possible and enable people, companies and things to connect everywhere anytime. As European unit of América Móvil, one of the largest wireless services providers in the world, A1 Group is headquartered in Vienna and gives access to global solutions. www.A1.group

www.internationalbusiness.a1.group

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Hi-MO X6 Brings A Greener Future to Wood Manufacturing and Processing

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SURAT THANI, Thailand, Oct. 15, 2024 /PRNewswire/ — LONGi, in partnership with Smart Solar Corporation Co., Ltd. plays an active role in transforming the electricity infrastructure of Thailand’s wood manufacturing and processing industry.

J.U.N. EXPRESS, a manufacturer of rough-sawn rubberwood and furniture parts with over nine years of experience, relies heavily on a fully automated production process. This process involves woodcutters, sanders, conveyors, and other equipment that consume significant amounts of electricity. The demands of uninterrupted production lines and high energy consumption, along with the resulting pollution, are at odds with the principles of green development.

Given the rising electricity cost in Thailand, after thoughtful consideration and EPC recommendation, J.U.N. EXPRESS embraced solar power by installing Hi-MO X6 solar panels. These panels, known for their superior temperature coefficient and low-light performance, ensure efficient and stable power generation in Thailand’s hot and humid climate. This installation significantly offsets electricity costs and guarantees smooth production for the company.

The total power generation has reached 620,193 kWh, saving the factory 619,240 Thai Baht (US$17,200) monthly and accumulating to 2,914,909.17 Thai Baht (US$81,000) over four months. The estimated annual savings are expected to reach approximately US$206,400. In addition, the factory’s monthly CO2 emissions have been reduced by 63 tons, totaling a reduction of 296 tons. By utilizing solar energy, J.U.N. EXPRESS is effectively lowering electricity costs and protecting the environment while ensuring consistent production.

LONGi is committed to advancing solar power technology, helping businesses achieve energy independence and sustainable development through its highly efficient and reliable products.

About LONGi

Founded in 2000, LONGi is committed to being the world’s leading solar technology company, focusing on customer-driven value creation for full scenario energy transformation.

Under its mission of ‘making the best of solar energy to build a green world’, LONGi has dedicated itself to technology innovation and established five business sectors, covering mono silicon wafers cells and modulescommercial & industrial distributed solar solutionsgreen energy solutions and hydrogen equipment. The company has honed its capabilities to provide green energy and has more recently, also embraced green hydrogen products and solutions to support global zero carbon development. www.longi.com

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OutSystems Unveils Mentor, a First-of-Its Kind AI-Powered Application Generation Experience

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Leading the Generative Software Era, company announces exclusive early access to its highly-anticipated full software development lifecycle (SDLC) digital worker at the 2024 ONE Conference in Amsterdam

SINGAPORE, Oct. 15, 2024 /PRNewswire/ — OutSystems, a global leader transforming how companies innovate through software, today announced Mentor, the industry’s first full software development lifecycle (SDLC) digital worker, enabling app generation, delivery, and monitoring, all powered by low-code and GenAI.

Announced live on-stage at the OutSystems ONE Conference, aimed at showcasing the next generation of app development with the combined power of low-code and GenAI, CEO & Founder Paulo Rosado unveiled how Mentor, formerly known as Project Morpheus, transforms software development and management workflows into a major competitive differentiator. Using AI-driven app generation, optimization, automated quality checks, and agents all under the governance of centralized IT, Mentor boosts developer productivity while ensuring applications meet the highest quality standards—all at a speed previously thought impossible.

 “The Generative Software Cycle is here. In fact, 93% of executives are planning to increase their investment in AI-powered solutions, driving developer productivity and value creation to unprecedented heights,” said Rosado. “But speed can lead to technical debt and security issues if not managed carefully. With OutSystems Mentor, developers can now build full-stack applications in minutes, without sacrificing quality, security, or governance. Mentor ensures apps are built right from the start, changing how software development gets done.”

Mentor introduces a true “shift-left” approach to app creation, enabling developers to start earlier in the process. Beginning with discovery and rapid prototyping, IT teams can validate ideas and refine initial designs before full-scale development. Users simply describe the app they need or their vision, and Mentor generates an initial version with front-end functionality, data models, and embedded business logic. By automating app prototyping and ensuring best-in-class code quality, Mentor redefines the SDLC. It combines the widely popular features of the AI Mentor System with the cutting edge innovations of the OutSystems Developer Cloud (ODC). This enables IT teams to:

Generate fully functional, scalable applications with the power of GenAI in a matter of minutes, significantly reducing development time.Iterate and evolve applications effortlessly using AI-powered suggestions, enabling continuous improvement and rapid iteration.Embed AI agents within apps, adding advanced capabilities like natural language understanding to humanize digital interactions – without any coding.Validate and maintain applications through AI-powered code reviews, ensuring all applications meet the highest possible standards for development, security, performance, architecture and long-term maintainability.

Formerly known as Project Morpheus, OutSystems Mentor is a major advancement in OutSystems’ AI strategy, which includes: using generative AI to accelerate iterative application development; applying generative AI throughout the SDLC to improve security, performance, and agility; and building generative AI-powered applications to accelerate transformation. Unlike traditional code with GenAI, Mentor overcomes key challenges such as orphaned code, poor code quality, and lack of transparency and explainability. It ensures teams maintain control, reduce technical debt, and fully harness the potential of AI-driven software development, making it a smarter, more efficient choice for modern, rapid application development.

“The classical SDLC assumes that ideation, analysis, design, and development tasks are and should be performed by separate specialized roles and steps — but AI can and will combine these tasks into a frictionless creative act,” wrote John Bratincevic, Principal Analyst and Diego Lo Giudice, VP, Principal Analyst at Forrester¹.[1]

Interested developers and IT leaders can now request an invitation to the Mentor early access program. The GenAI-powered app generator and editor capabilities of Mentor will be generally available in early 2025. To learn more, visit the Mentor home page.

About OutSystems

OutSystems is a global leader transforming how companies innovate through software, empowering IT leaders with a better way to build the software that matters most. The OutSystems platform helps companies develop, deploy, and maintain mission-critical applications by unifying and automating the entire software lifecycle. With OutSystems, organizations leverage GenAI to deliver software instantaneously, adapt faster to changing requirements, and reduce technical debt by building on a future-proof platform. Helping customers achieve their business goals by addressing key strategic initiatives, OutSystems delivers software up to 10x faster than traditional development. Recognized as a leader by analysts, IT executives, business leaders, and developers around the world, global brands trust OutSystems to tackle their impossible projects and turn their big ideas into software that moves their business, people, and the world forward.

Founded in 2001, the company’s network spans more than 800,000 community members, over 500 partners, and active customers in 75+ countries across 21 industries. Learn more at www.outsystems.com

[1] ¹”The Rise Of Application Generation Platforms”, Forrester, May 7, 2024

 

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