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Metalpha Reported Fourfold Jump in Notional Amount of Derivative Products for Fiscal Year 2024

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HONG KONG, Oct. 31, 2024 /PRNewswire/ — Metalpha Technology Holding Limited (Nasdaq: MATH) (the “Company” or “Metalpha”), a global digital asset-focused wealth management company, today announced that it filed its Form 20-F annual report for the fiscal year ended March 31, 2024 (“Fiscal Year 2024”) on October 30, 2024. In Fiscal Year 2024, the Company reported a total notional amount of derivate products of approximately US$1.56 billion, which was 406% comparing to the total notional amount of US$382 million for the fiscal year ended March 31, 2023 (“Fiscal Year 2023”).

Financial Highlights

Metalpha is one of the leading digital asset-focused derivative trading firms. Income from the wealth management business surged about 195% from US$5.7 million in Fiscal Year 2023 to US$16.8 million in Fiscal Year 2024. Gross profit also increased by 180% from US$2.0 million in Fiscal Year 2023 to US$5.6 million in Fiscal Year 2024.

Fiscal Year 2023

(US$)

Fiscal Year 2024

(US$)

Income from Wealth
Management Business

5,692,056

16,763,545

Gross Profit

2,020,658

5,627,748

“The Company has seen some great progress in the Fiscal Year of 2024 and I’m delighted to see a continued strong growth in our wealth management business. Most importantly we are committed to deliver the best products and services to our clients. We are very confident in the outlook of the digital asset industry and will continue to innovate and design superb products for our professional clients,” said Adrian Wang, Chairman of the Board of Directors and Chief Executive Officer of Metalpha.

The annual report can be accessed under the SEC Filings section on the Company’s investor relations website at https://www.metalpha.net/investor-relations.html. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders upon request. Requests should be directed to the Company’s Investor Relations Department at info@metalpha.finance.

About Metalpha Technology Holding Limited

Founded in 2015, Metalpha Technology Holding Limited (Nasdaq: MATH) went public on October 20, 2017. The listed Company, through its subsidiaries, is dedicated to providing investing and wealth management services with a full-service, institutional-grade platform. With dedicated blockchain expertise, the Company aims to become a leader in the field of crypto wealth management services, bringing robust innovation and transparency to the customers and businesses it serves.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. Management has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While they believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond management’s control. These statements involve risks and uncertainties that may cause Metalpha’s actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements.

View original content:https://www.prnewswire.com/news-releases/metalpha-reported-fourfold-jump-in-notional-amount-of-derivative-products-for-fiscal-year-2024-302292809.html

SOURCE Metalpha Technology Holding Limited

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Sifflet Achieves Google Cloud Ready – BigQuery Designation

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Getting the clarity needed to scale a complex data stack with Sifflet x BigQuery

PARIS, Oct. 31, 2024 /PRNewswire/ — Sifflet has successfully achieved the Google Cloud Ready – BigQuery Designation. This milestone marks a significant step in its mission to give every data producer and user clarity into the health and quality of data, so everyone can make better business decisions.

 

 

Sifflet benefits include:

Proactive Data Quality Oversight: Sifflet’s integration with BigQuery establishes an additional layer of observability and allows companies to maintain the quality of your data, detecting hidden issues and addressing them proactively before they impact business operations.Enhanced Data Accessibility: With Sifflet, data teams can easily find and utilize your BigQuery data, reducing barriers between data producers and data consumers. This enables seamless collaboration and data-driven decision-making across the organization.In-depth Insights into Data Lifecycle: Connecting a BigQuery environment to Sifflet provides additional valuable insights into the creation, transformation, and consumption of data. This holistic view enhances the ability to manage and optimize data initiatives.

This integration has been enabled through a few key features that makes the data observability experience more effective:

BigQuery Metadata Enrichment: Sifflet further enhances BigQuery metadata with automated tagging, descriptions, field-level lineage computation with upstream and downstream systems, and actionable data asset monitoring.External Table Support: Sifflet allows to monitor external BigQuery tables based on Bigtable or Cloud Storage data. This enables end-to-end lineage on Sifflet no matter where the data is located.Optimized monitoring queries: Sifflet leverages multiple BigQuery capabilities, such as partitioning and metadata APIs, to run highly optimized queries when monitoring BigQuery assets (even when querying complex types like nested and repeated fields).

Achieving the Google Cloud Ready – BigQuery Designation means that Sifflet has met essential functional and interoperability requirements for integrating with BigQuery. This designation not only validates Sifflet’s integration but also ensures that Sifflet’s products work seamlessly with BigQuery.

Throughout this program, Sifflet has collaborated closely with Google Cloud’s partner engineering and BigQuery teams, refining the integration and developing joint roadmaps for future advancements such as expanding the partitioned tables support and adding support for share tables, ML models, and OAuth connectivity.

“The integration of Sifflet with Google Cloud’s BigQuery has transformed our approach to data observability at Carrefour Links. Thanks to Sifflet’s proactive oversight, we can identify and resolve potential issues before they impact our operations.” mentioned Medhi Labassi, CTO at Carrefour Links. “Additionally, the simplified access to data allows our teams to collaborate more effectively, fully harnessing the insights provided by BigQuery.”

This collaboration opens up new avenues for innovation and growth, as Sifflet is committed to further enhancing its capabilities and delivering even more value to customers through continued collaboration with Google Cloud. Sifflet’s goal remains steadfast: to support organizations everywhere with data they can rely upon.

To learn more about Sifflet’s expertise with Google Cloud and how Sifflet can benefit your organization, visit our website. For more information about the Google Cloud Ready – BigQuery program and its benefits, click here.

Sifflet gives organizations the clarity they need to scale a complex data stack with confidence. With a focus on innovation and collaboration, Sifflet leverages the power of BigQuery to provide unparalleled data observability and performance. With a rapidly growing customer base that includes leaders like Carrefour, BBC Studios, Servier, Penguin Random House and Etam, Sifflet has proven its value by providing essential tools for data cataloging, lineage tracking, and quality monitoring. The company’s recent momentum, paired with industry recognition for best ROI and fastest implementation, highlights its strong trajectory and commitment to simplifying data operations for companies worldwide.

 

Photo: https://mma.prnewswire.com/media/2545858/Sifflet_SAS_Infographic.jpg 
Logo:  https://mma.prnewswire.com/media/2545859/Sifflet_SAS_Logo.jpg

 

 

CONTACT: Romain Doutriaux, romain@siffletdata.com 

View original content:https://www.prnewswire.com/news-releases/sifflet-achieves-google-cloud-ready—bigquery-designation-302292886.html

SOURCE Sifflet SAS

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Subject Line: Hunter Strategy Secures $631K Contract with NOAA for Data Flow Risk Assessment

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WASHINGTON, Oct. 31, 2024 /PRNewswire/ — Hunter Strategy, LLC, a HUBZone-certified small business specializing in technology and cybersecurity solutions, has been awarded a $631,054.45 contract by the National Oceanic and Atmospheric Administration (NOAA). The 36-month contract focuses on providing Data Flow Supply Chain Risk Assessment and Target Modeling services for NOAA’s National Environmental Satellite, Data, and Information Service (NESDIS).

The firm-fixed-price contract (Award ID: 1332KP24P0007) was competitively awarded under a small business set-aside, with Hunter Strategy selected among two bidders.

Kevin Belanga, Chief Growth Officer of Hunter Strategy, stated: “This contract with NOAA represents a significant opportunity for Hunter Strategy to apply our expertise in supply chain risk assessment and data modeling to support critical environmental monitoring systems. We’re excited to contribute to NOAA’s mission, enhancing the security and efficiency of their data management processes. This partnership aligns perfectly with our commitment to delivering innovative solutions that address complex challenges in the public sector.”

The project involves a various assessments of NESDIS’s data supply chain, identifying potential risks and developing targeted threat modeling strategies for NESDIS Systems. Hunter Strategy’s work will play a crucial role in enhancing the security and efficiency of NOAA NESDIS Systems. This award further establishes Hunter Strategy as a trusted partner for government agencies seeking advanced technology and cybersecurity solutions.

For more information about Hunter Strategy and its services, please visit www.hunterstrategy.net.

About Hunter Strategy:
Hunter Strategy is a HUBZone-certified small business delivering innovative technology and cybersecurity solutions to government and commercial clients. Focusing on security services, cloud solutions, and technology research, the company has built a reputation for technical excellence among federal customers and tailored services in highly regulated industries.

View original content to download multimedia:https://www.prnewswire.com/news-releases/subject-line-hunter-strategy-secures-631k-contract-with-noaa-for-data-flow-risk-assessment-302292961.html

SOURCE Hunter Strategy

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Follow-Up Visits Can Significantly Reduce Post-Discharge Mortality and Readmissions for Highest Risk Patients

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NASHVILLE, Tenn., Oct. 31, 2024 /PRNewswire/ — Today at NCQA, a leading health quality innovation conference, Houston Methodist and Health Data Analytics Institute (HDAI) jointly discuss the impact of focusing follow-up appointments on patients at high risk.

Houston Methodist and HDAI jointly discuss the impact of focusing follow-up appointments on patients at high risk

HDAI’s analysis of both Houston Methodist’s patients and a national dataset of over 10M Medicare patients demonstrated the effectiveness of targeted follow-up appointments for reducing mortality and readmissions for the top quintile of patients at risk of readmission and 30-day mortality within the first 14 days after discharge.

The data showed a distinct inverse correlation – when 14-day follow-up rates for patients increase, those patients are less likely to die post-discharge or readmit. For patients seen later than 14-days post-discharge or who are at lower predicted risk, there is small to no effect on mortality and readmissions.

Stuart Dobbs, M.D., Chief Quality Officer at Houston Methodist Hospital, states, “What we learned is another reminder that what you don’t know, you can’t measure, and what is not measured, usually is not improved. We have some of the lowest inpatient mortality rates in the country. However, our post discharge mortality rates were about average compared to large academic medical centers. We are now focused on scheduling high risk patients with a follow-up visit (within 14 days or less) prior to their hospital discharge.”  

Brenda Campbell, RN, Senior Consultant Houston Methodist Health System Innovations, added, “Risk stratification tools can assist organizations in prioritizing care based on the unique needs of patients while managing limited resources.”

HDAI’s HealthVision intelligent health platform was embedded in Houston Methodist’s Electronic Health Record (EHR) so that clinicians on the floors and in specialty clinics could identify and schedule appointments for the most impactable, high-risk patients before discharge. In addition to using the risk-ranked rosters, the clinicians use the patient chart summary to quickly assess any specific risks and key drivers of health, summarized and updated in real-time, to facilitate personalized care planning.

“By leveraging real-time EHR integration of advanced predictive analytics and generative AI, clinicians on the floors are identifying high-risk patients along with granular underlying drivers of risk to help create targeted follow-up plans,” adds Nassib Chamoun, Founder and CEO of HDAI and a co-presenter at NCQA. “It’s not about seeing more patients, which is not feasible with scarce resources, but about focusing on the right patients while also reducing the administrative burden on clinicians. Our collaboration with Houston Methodist highlights the transformative potential of data-driven approaches in enhancing patient care and optimizing health outcomes.”

The program is expanding to all the Houston Methodist hospitals with focus on continuously improving the processes and technology necessary for consistently high rates of post-discharge follow-up programs for patients with the greatest need.

About Health Data Analytics Institute (HDAI)
HDAI, a HealthTech company, has created the first Intelligent Health Management System, HealthVision™. Powered by predictive analytics and generative AI, HealthVision allows clinicians to work smarter, not harder, helping to fight clinician burnout, improve care coordination, and lower overall costs. For more information, please visit: www.hda-institute.com and on LinkedIn at linkedin.com/company/hdai.

Company contact: Carola Endicott, carola.endicott@hda-institute.com, 617-699-0725

View original content to download multimedia:https://www.prnewswire.com/news-releases/follow-up-visits-can-significantly-reduce-post-discharge-mortality-and-readmissions-for-highest-risk-patients-302292909.html

SOURCE Health Data Analytics Institute

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