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KFin Technologies joins BlackRock’s Aladdin Provider Network

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HYDERABAD, India, Dec. 20, 2024 /PRNewswire/ —  KFin Technologies Ltd. (KFintech) (BSE: 543720); (NSE: KFINTECH) a leader in technology and fund administration solutions for asset management – has joined BlackRock’s Aladdin Provider network to enhance its operating model with asset managers, making it more standardised and efficient. The collaboration will see KFintech join a growing community of the world’s largest asset servicers – enabling it to offer differentiated fund administration and accounting services to clients.

The asset management industry can often be constrained by legacy systems, manual processes, inconsistent data standards and limited integration across workflows, all of which can lead to sizeable inefficiencies and risks for companies.

By leveraging the Aladdin® platform’s propriety data interfaces and workflows, KFintech will be able to better integrate the flow of data with asset managers. This will also enable KFintech to digitize manual processes, align reference data and research fund activity in real-time, and conduct middle office operations on behalf of clients.

Sreekanth Nadella, Managing Director and CEO of KFin Technologies said, “It is a matter of pride for KFintech to join BlackRock’s Aladdin Provider network. We are excited to leverage Aladdin’s sophisticated data connectivity capabilities to enhance the service we provide to clients, allowing them to benefit from a more streamlined operating model, increased automation, and a reduction in the risk of errors.

The collaboration aligns with our vision to deliver transformative and data-driven solutions to the asset managers by expanding our capabilities globally. KFintech – with its expertise spanning over four decades in asset servicing solutions and digital and big data solutions – will be further propelled by Aladdin’s data connectivity capabilities to provide a compelling value proposition to the asset managers.”

Tarek Chouman, Global Head of Aladdin Client Business, BlackRock, said, “We are delighted to welcome KFintech to the Aladdin Provider network and enable our shared clients to connect data seamlessly through a single platform and bring clarity and efficiency to the entire investment workflow.”

About KFin Technologies Limited (www.kfintech.com/; BSE: 543720; NSE: KFINTECH):

KFin Technologies Limited (“KFintech”) is a leading technology driven financial services platform providing comprehensive services and solutions to the capital markets ecosystem including asset managers and corporate issuers across asset classes in India and provide comprehensive investor solutions including transfer agency, fund administration, fund accounting, data analytics, digital onboarding, mobility solutions, transaction origination and processing for alternate investments, mutual funds, unit trusts, insurance investments, and private retirement schemes to 60+ global asset managers in Malaysia, Philippines, Singapore, Hong Kong, Thailand, Middle East, and Canada. In India, KFintech is the largest investor solutions provider to Indian mutual funds servicing 24 asset management companies (AMCs) out of the 43 AMCs in India, as on September 30, 2024, and the largest issuer solutions provider in India servicing 6,677 corporates, as on September 30, 2024. In mutual funds, over the last five years, the Company has been continuously gaining market share in the overall AAUM serviced, which has improved from 27% in fiscal year 2021 to ~32% for the period ended September 30, 2024. KFintech is also the largest transfer agent and fund administrator to alternative investment funds (AIFs) in India servicing 526 AIFs out of 1,402 AIFs registered with SEBI, as on September 30, 2024. In addition, the Company also offers technology platform-based solutions to portfolio and wealth managers and is the second largest central record keeping agencies for the National Pension System in India, servicing 1.4 million pension subscribers, capturing 8.9% market share in the overall subscriber base, as on September 30, 2024. General Atlantic Singapore Fund Pte Ltd ( ” GASF” ), a leading global private equity investor, is the promoter of the company.

About BlackRock Aladdin®

Aladdin® is a tech platform that unifies the investment management process by providing a common data language within an organization to enable scale, provide insights, and support business transformation.

As a strategic partner to institutional investors including asset managers, pension funds, insurers, and corporate treasurers, Aladdin® combines sophisticated risk analytics with comprehensive portfolio management, trading, operations, and accounting tools on a single, unified platform. BlackRock’s Aladdin® platform is a financial technology platform designed for institutional use only and is not intended for end investor use.

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Realizeit Earns ISO 27001 Certification, Demonstrating Commitment to Data Security and Operational Excellence

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CHICAGO, Dec. 20, 2024 /PRNewswire/ — Realizeit, provider of the leading adaptive learning system for business-critical training, is proud to announce it has earned ISO 27001 certification, the international standard for information security management systems. This certification underscores Realizeit’s dedication to ensuring the highest level of security, reliability, and trust for its clients, particularly in high-stakes, compliance-driven and high-risk industries.

ISO 27001 is the benchmark for organizations committed to protecting sensitive data and mitigating security risks. By achieving this certification, Realizeit strengthens its promise to deliver cutting-edge learning solutions while safeguarding client information against evolving threats.

“Securing ISO 27001 certification is a testament to our relentless commitment to our customers’ trust and operational safety,” said Manoj Kulkarni, CEO of Realizeit. “In today’s world, where precision and risk management are critical, especially in industries like healthcare, energy, and manufacturing, our clients can now be doubly assured that Realizeit not only empowers learning and performance but also operates with the highest standards of data security and integrity.”

The Information Security Management System (ISMS), in accordance with ISO/IEC 27001, applies to Realizeit’s operations related to the provision, management, and support of the Realizeit Adaptive Learning Platform.

The certification process included a rigorous assessment of Realizeit’s information security policies, risk management framework, and operational controls. It ensures that Realizeit’s platform aligns with the compliance needs of high-risk industries, solidifying its role as a trusted partner for organizations focused on operational safety and workforce efficacy.

Realizeit continues to lead the way in adaptive learning innovation, coupling cutting-edge technology with unwavering security standards to deliver impactful and verifiable training solutions.

For more information about Realizeit and its adaptive learning solutions, visit www.realizeitlearning.com.

About Realizeit

Realizeit is the adaptive learning system that delivers training that sticks through learning experiences that are engaging, applicable, and enduring.  We uniquely leverage expertise and experience in adaptive learning, AI, and instructional design to work with customers to design, modify, and build unique training and learning programs that easily and efficiently integrate into their existing learning ecosystem to maximize performance and reduce risk. With real-time, clear lines of sight into knowledge gaps and accurate verification of proficiencies, you’ll always know your people have the skills necessary to drive success.

Contact us if you need training that sticks.

Contact:
Ty Roberts
ty.roberts@realizeitlearning.com

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SPOC Grid Inverter Technologies Appoints Energy Leader Clayton Gibbons to Advance Onsite Power Vertical

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TRUSSVILLE, Ala., Dec. 20, 2024 /PRNewswire/ — SPOC Grid Inverter Technologies proudly announces Clayton Gibbons’ appointment as Head of the Onsite Power Segment. He will oversee all stationary applications within the GRID business. In this strategic position, Gibbons will drive the go-to-market direction, product development, sales execution, staffing, and service offerings to support SPOC’s ambitious growth in the onsite power market.

This new leadership role is integral to SPOC’s mission of advancing its presence in critical power systems, utility-owned power, off-road charging solutions, and microgrids. Gibbons will harness SPOC’s existing infrastructure and capabilities to meet the growing demands of modern energy applications.

“Clayton’s appointment aligns with SPOC’s focus on leadership in power innovation,” said Ted Wilke, President of SPOC. “His deep expertise and visionary approach to renewable energy and critical power systems address both national energy priorities and our long-term growth strategy. Clayton’s proven track record makes him the ideal leader to help us expand our utility-owned power, off-road charging, and microgrid technologies offerings.”

Gibbons’ Perspective on Joining SPOC
“I am honored to join SPOC Grid Inverter Technologies and lead the on-site power vertical during such a transformative time for the energy industry,” said Clayton Gibbons. “Throughout my career, I have focused on strategies that address the evolving demands of Industry 4.0, emphasizing sustainability and efficiency. SPOC’s commitment to tackling the challenges of the modern energy landscape aligns perfectly with my passion for driving innovation and delivering impactful power solutions. I look forward to collaborating with this incredible team to bring meaningful advancements to our customers.”

A Proven Leader in Energy Innovation
With over 18 years of experience in industrial automation and electrification, Gibbons has developed a reputation for delivering sustainable energy solutions. Most recently, as Head of Electrification & System Drives at Danfoss, he operationalized strategies to meet the challenges of Industry 4.0. His expertise has positioned him as a leader in driving efficiency and innovation. Gibbons holds a degree in industrial distribution with a minor in business administration from Texas A&M University.

To explore SPOC Grid Inverter Technologies and its innovative solutions, please visit spocgrid.com.

About SPOC: SPOC is a family of innovative companies reshaping how the world produces and uses energy. SPOC uses deep expertise in variable speed drive automation and inverter technologies and a culture that fosters innovative thinking at all company levels to expand the boundaries of what’s possible. SPOC Grid Inverter Technologies integrates multiple power technologies to create smart-grid systems in the mobile power, marine, and critical power industries.

For more information, contact:
Tina Willis, 205-322-1010 X 302

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Tareen Development Partners Acquires Town Centre Plaza in Eagan and Will Rebrand as Eagan Medical Center

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EAGAN, Minn., Dec. 20, 2024 /PRNewswire/ — Tareen Development Partners is pleased to announce the acquisition of a medical office building, Town Centre Plaza, located at 1185 Town Centre Drive, Eagan, MN 55123. The property will be rebranded as Eagan Medical Center, marking a strategic step in enhancing healthcare services in the region and establishing the center as a premier destination for medical care in Minnesota.

Basir Tareen, owner of Tareen Development Partners, shared his vision for the acquisition: “We plan to rebrand the building as Eagan Medical Center and are working closely with a leading medical group to fully occupy the building.  With Minnesota’s largest independently-owned gastrointestinal and dermatology groups already on board, we aim to attract another large medical group to further expand services for patients and the community.” The new ownership group is also dedicated to enhancing the building and upgrading amenities for tenants.

In addition to Tareen Dermatology, the building hosts several distinguished tenants, including MNGI, Integrative Therapy Group, and Sparz Vein Clinic. This collaboration will foster a comprehensive healthcare ecosystem under the Eagan Medical Center brand, offering a wide range of medical specialties and services.

Dr. Mohiba Tareen of Tareen Dermatology expressed her enthusiasm for the project: “This office holds a special place for me as it was the home of my late dear friend Dr. Crutchfield and his wonderful practice — Crutchfield Dermatology.   We are honored to continue growing and addressing the healthcare needs of Eagan and the surrounding community.

For more information about Eagan Medical Center and Tareen Development Partners, please contact:

Natalie Borer
Natalie@tdpmn.com
612.559.4791

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SOURCE Tareen Development Partners

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