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First Fully Electronic F-TIIE Swap Trade Executed on the Bloomberg SEF

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NEW YORK and MEXICO CITY, June 3, 2024 /PRNewswire/ — Bloomberg SEF LLC today announced that the first electronically traded TIIE de Fondeo (“F-TIIE”) swap transaction was executed on its CFTC-registered swap execution facility, BSEF. Mexico-based Banco Invex and Finamex Casa de Bolsa traded a 3-month swap on BSEF using request-for-quote (RFQ) trading protocol. The trade was cleared by CME Clearing.

Mexican derivatives markets seek to replace their usage of the current primary benchmark 28-day Interbank Equilibrium Interest Rate (TIIE) with the new risk-free rate, TIIE de Fondeo, known as F-TIIE, by the end of 2024.

BSEF recently introduced cleared interest rate swap products referencing the F-TIIE index for placing new risk, including outrights, curves, rolls and butterflies. Clients can also use list trading functionality to trade 28-day term TIIE and F-TIIE swaps in a single package which can facilitate movement of risk prior to conversion events or trade out of converted F-TIIE risk post-event.  

The addition of F-TIIE rates products on BSEF provides market participants with the infrastructure necessary to help grow dealer liquidity and pricing transparency for the transition to F-TIIE.  BSEF hosts a deep pool of onshore and offshore market-making participants in the 28-day TIIE interest rate swap market as one of the Comisión Nacional Bancaria y de Valores’ (“CNBV”) approved foreign companies*.

This launch precedes the conversion events due November this year, where leading clearing houses plan to transition cleared swap portfolios to the new F-TIIE index. This will also help clients comply with Banco de Mexico’s transition away from the use of the 28-day term TIIE for new derivative transactions as of January 1, 2025.

“At Finamex, we have prioritized offering both competitive pricing and top research to our local and international clientele. Being the first TIIE market maker to trade the new Mexican OIS through BSEF is proof of our constant innovation and development. We are thrilled to continue developing tools that will help our clients focus on Mexico,” stated Oscar Luna Farrell, Head Trader at Finamex Casa de Bolsa.

“At Banco INVEX, we are dedicated to the growth and development of the Mexican market. As a tech-driven financial services company, we are proud to have executed the first electronic transaction of the TIIE de Fondeo through BSEF, highlighting our commitment to innovation. We will continue to drive initiatives that enhance market efficiency and foster a more dynamic financial ecosystem,” said Alexis Zarkin, Head Trader, Proprietary Trading Desk at Banco Invex.

“Bloomberg is proud to continue our long-standing association with the Mexican derivatives and bonds markets,” said Liza Parlatore Lopez, Head of Sales for Mexico and Central America at Bloomberg.  “We are well positioned to partner with our clients to help manage their portfolios as they continue their transition to risk free rates.”

The introduction of F-TIIE swaps to BSEF adds to Bloomberg’s comprehensive suite of solutions to support the transition to Risk Free Rates (RFRs). More information can be found at Bloomberg.com/Libor.

Bloomberg will host a webinar Navigating the TIIE Reference Rate Transition in Mexico. Registration and more information can be accessed here.

Bloomberg Electronic Trading Solutions (ETS) are used by leading financial institutions to trade efficiently in over 175 markets around the world. More than 9,000 client firms use Bloomberg ETS to access comprehensive depth and breadth of liquidity across asset classes from over 700 dealers globally. Bloomberg ETS provides market participants with comprehensive solutions across the trading lifecycle, including robust price transparency, analytics, automation and execution, powered by Bloomberg’s high-quality, multi-asset class data and tools.

* Approved foreign companies perform transactions that are similar or equivalent to those performed by companies that manage systems to facilitate transactions with securities authorized by the CNBV.  

About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration.

For more information, visit Bloomberg.com/company or request a demo.

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SOURCE Bloomberg

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Vector Solutions Acquires Frontline Public Safety Solutions to Expand Critical Agency Software

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Acquisition creates a comprehensive software suite to help law enforcement and dispatch agencies across the country meet compliance and operational standards

TAMPA, Fla., April 29, 2025 /PRNewswire-PRWeb/ — Vector Solutions, the leading provider of technology solutions to help train, prepare, and retain public safety professionals, today announced the acquisition of Frontline Public Safety Solutions, a premier cloud-based software provider for public safety agencies. The acquisition combines Vector Solutions and Frontline’s offerings to create a comprehensive platform with tools that improve communication, operations, compliance, and data management for public safety agencies nationwide.

Together, Vector and Frontline create a comprehensive, differentiated law enforcement and dispatch platform that includes an integrated set of training, workforce management, and operational workflow software solutions built specifically for public safety. The combined product set will allow public safety agencies to benefit from a unified operational solution from a single partner and will further enhance local to state agency connection. The acquisition strengthens and expands Vector Solutions’ capabilities in the public safety sector, solidifying its position as the go-to provider of effective and compliant workplace technology.

“Our acquisition of Frontline reinforces our unwavering commitment to providing public safety agencies with the most advanced, innovative solutions available,” said Jonathan Cherins, CEO of Vector Solutions. “By combining our strengths and expertise, we’re delivering an industry-first solution that simplifies operations and ensures agencies can focus on their core mission–protecting and serving their communities.”

Founded in 2016, Frontline serves a wide range of public safety agencies across police, dispatch, EMS, and fire. Frontline brings a specialized product portfolio to Vector Solutions, with nine industry-specific modules addressing various vital operational needs for agencies. Customers of both companies–including major law enforcement agencies, state academies, and universities–will now have access to an expanded suite of solutions to meet evolving regulatory and operational needs.

“Frontline began when I was a police officer and saw a need for better communication and tracking at public safety agencies,” said Ben Laird, Co-founder of Frontline. “We’re thrilled to join forces with Vector Solutions, a company that shares our same passion for advancing law enforcement operations through innovative, purpose-built technology. This acquisition represents a significant opportunity for us to scale our impact, bringing even more resources to the agencies we serve and furthering advancements in the public safety industry.”

With Vector Solutions supporting over 10,000 public safety agencies and 2 million first responders, the acquisition expands its leadership in the law enforcement and public safety sector. Backed by a 25-year history of growth and investment in markets and products, Vector Solutions remains dedicated to expanding its capabilities in law enforcement, including continuing to invest in, support, and grow the Frontline product suite.

To learn more about Vector Solutions’ acquisition of Frontlline Public Safety Solutions, click here.

ABOUT VECTOR SOLUTIONS FOR LAW ENFORCEMENT
Vector Solutions for Law Enforcement is the industry leader in operational readiness technology that enables Law Enforcement Departments, Academies, and POST organizations to meet their demanding training, compliance, and preparedness objectives. The Vector Solutions public safety suite of products includes software for training management, policy distribution, personnel scheduling, equipment management, early intervention, and promoting a positive and transparent agency culture. Its accredited online course library includes IADLEST NCP-certified courses approved for POST annual training requirements. Trusted by 10,000 public safety agencies and 2 million first responders, Vector’s purpose-built technology covers the full lifecycle of personnel management, from hire-to-retire, because readiness saves lives. For more information about Vector Solutions for Law Enforcement, visit https://www.vectorsolutions.com/industries/public-safety/law-enforcement/.

ABOUT VECTOR SOLUTIONS
Vector Solutions is the leading provider of impactful technology solutions dedicated to driving safer, smarter, better decision-making in the world’s most critical industries. Embedded into daily workflows to drive improvements in compliance, safety, performance, and preparedness, our software includes training management, industry-focused online course libraries, EHS management, workforce scheduling, risk communication, operational readiness, and more. Vector’s unique combination of information and technology – delivered when and where it is needed – is integral to our more than 24 thousand clients looking to achieve better outcomes and safeguard lives. Vector is committed to providing resources to support those who need them most and launched a collection of free courses on critical mental health and safety topics through Vector Cares. For more information, visit http://www.vectorsolutions.com. For access to free Vector Cares courses visit https://www.vectorsolutions.com/about-us/vector-cares/.

ABOUT FRONTLINE PUBLIC SAFETY SOLUTIONS
Frontline Public Safety Solutions is committed to empowering public safety agencies with innovative, reliable, and efficient software solutions. Our mission is to enhance operational effectiveness, streamline workflows, and improve accountability for law enforcement, dispatch centers, fire departments, and related emergency services. Through cutting-edge technology and a deep understanding of public safety needs, Frontline Public Safety Solutions strives to provide tools that save time, optimize resources, and support the vital work of first responders and public safety professionals. For more information, visit https://www.frontlinepss.com/

Media Contact
Kara Erwin, Kickstand Communications, 5127716911, vectorsolutions@meetkickstand.com, https://www.vectorsolutions.com/

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SOURCE Vector Solutions

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Gautam Ijoor Announced as an EY Entrepreneur Of The Year® 2025 Mid-Atlantic Award finalist

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Entrepreneur Of The Year celebrates ambitious entrepreneurs who are shaping the future

VIENNA, Va., April 29, 2025 /PRNewswire/ — Alpha Omega CEO and Founder Gautam Ijoor has been named one of the finalists for Ernst & Young’s (EY US) prestigious Entrepreneur Of The Year 2025 Mid-Atlantic Award. 
Alpha Omega is a leading provider of AI-driven modernization, efficiency, and digital transformation solutions within national security, health, space & science, and financial services. Doubling the size of its business through the acquisition of SeKON and Macro Solutions in February, 2025, Alpha Omega has grown to over $139 million in annual revenue in eight years. Alpha Omega is also an award-winning organization named as a top workplace by The Washington Post, USA Today and Virginia Business, and a six-time member of the Inc. 5000.

An independent panel of judges selected Mr. Ijoor along with 36 finalists for their entrepreneurial spirit, purpose, growth and lasting impact in building long-term value. “In the IT and security industries, we pursue processes of continuous improvement, and I consider that a mantra for my life’s work. I am so proud to be a part of the entrepreneurial community and to continue to both learn and mentor fellow businesspeople to the benefit of all,” said Mr. Ijoor. “We know that supporting business and investing in technologies that serve our government and build the next generation of innovators and thinkers is essential to the nation’s continued leadership and security. Alpha Omega’s mission is to impact how we serve the U.S. and its citizens, collaborating with agencies that affect people’s daily lives, from ensuring American food security and legal immigration, to combatting public health challenges.”

Now in its 40th year, the Entrepreneur Of The Year program celebrates the bold leaders who disrupt markets through the world’s most ground-breaking companies, revolutionizing industries and making a profound impact on communities. The program honors bold entrepreneurs whose innovations shape the future and pave the way for a thriving economy and a hopeful tomorrow. The Mid-Atlantic program celebrates entrepreneurs from Maryland, Virginia, and Washington, DC.

Regional award winners will be announced on June 18 during a special celebration in Washington, DC, and will become lifetime members of an esteemed community of Entrepreneur Of The Year alumni from around the world. The winners will then be considered by the National judges for the Entrepreneur Of The Year National Awards, which will be presented in November at the annual Strategic Growth Forum®, one of the nation’s most prestigious gatherings of high-growth, market-leading entrepreneurs.

ABOUT ALPHA OMEGA: Alpha Omega delivers mission-focused solutions to ensure our nation’s continued global leadership. We accelerate transformation and operational efficiency via applied expertise in digital modernization, artificial intelligence, and cybersecurity, designing and delivering enterprise solutions in support of National Security, Federal Financial, Space and Science, and Healthcare missions. Our agency partners rely on Alpha Omega to modernize and future-proof legacy systems and enhance operational resilience, delivering on our purpose to ensure the safety, security, and well-being of future generations.

For more information, visit www.alphaomega.com.

About Entrepreneur Of The Year
Founded in 1986, Entrepreneur Of The Year has celebrated more than 11,000 ambitious visionaries who are leading successful, dynamic businesses in the US, and it has since expanded to nearly 60 countries globally.

Entrepreneur Of The Year honors business leaders for their ingenuity, courage and entrepreneurial spirit. The program celebrates original founders who bootstrapped their business from inception or who raised outside capital to grow their company; transformational CEOs who infused innovation into an existing organization to catapult its trajectory; and multigenerational family business leaders who reimagined a legacy business model to strengthen it for the future.

The US program consists of 17 regional programs whose panels of independent judges select the regional award winners every June. Those winners compete for national recognition at the Strategic Growth Forum® in November where National finalists and award winners are announced. The overall National winner represents the US at the EY World Entrepreneur Of The Year™ competition. Visit ey.com/us/eoy.

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SOURCE Alpha Omega

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Career Key’s PathAdvisor Named 2025 EdTech Cool Tool Award Finalist for Digital Courseware Solution

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PathAdvisor recognized by EdTech Digest for innovation in digital courseware that measures and scales student career readiness and professional development in college and K12.

SEATTLE, April 29, 2025 /PRNewswire-PRWeb/ — Career Key is excited to announce that PathAdvisor, its research-based student success and professional development digital learning tool, has been recognized as a Cool Tool Award Finalist in the 2025 EdTech Awards, in the Digital Courseware Solution category.

“EdTech Digest’s recognition reinforces what our partners tell us and the data shows every semester—PathAdvisor makes a measurable difference to strengthen students’ sense of direction, comfort, and self-clarity,” said Juliet Jones-Vlasceanu, CEO of Career Key.

Integrated directly into Learning Management Systems (LMS) used in both K12 and higher education, PathAdvisor is a practical, evidence-based career well-being app designed to scale and measure student professional development and career readiness across departments, gateway courses, and advising programs.

Recently profiled in leading business education magazine AACSB Insights, Prove It! Measuring Gen Z’s Career Readiness, PathAdvisor has attracted attention for its ability to measure a course’s impact on student professional readiness for thousands of students at a time.

“EdTech Digest’s recognition reinforces what our partners tell us and the data shows every semester—PathAdvisor makes a measurable difference to strengthen students’ sense of direction, comfort, and self-clarity,” said Juliet Jones-Vlasceanu, CEO of Career Key. “Institutions need scalable, affordable digital course materials that go beyond content delivery and truly support student success. That’s exactly what PathAdvisor does.”

Now in its 15th year, the EdTech Awards from EdTech Digest celebrate the most effective and innovative education technology tools that support learners and educators worldwide. Finalists were chosen based on clarity, value, efficacy, and potential to impact learning outcomes.

A Scalable Approach to Student Success

PathAdvisor’s flexible, mobile-first design allows schools to embed short, personalized digital courseware modules into required courses—helping students develop lifelong career competencies from the start of their academic journey. It is customized by institution to include the majors and education programs they offer, alongside tailored student support resources.

Key features include:

Validated Career Assessments: Includes Career Key Discovery® and Career Decision Profile® to identify student needs, track growth, and deliver personalized insights.Easy to Assign Modules: 5 to 20-minute learning activities focused on self-awareness, decision-making, and future planning.Data Dashboards for Faculty and Advisors: Easy access to key metrics and student readiness indicators to drive program decisions and additional support.LMS Integration: Seamlessly integrates into Canvas, Blackboard, Moodle and other platforms using LTI 1.3 certification by 1EdTech/IMS Global.1st Day Digital Delivery in affordability programs for course materials (Inclusive Access, Equitable Access).Accessible Support for All: Low-cost, disability accessible courseware backed by 25+ years of peer-reviewed research.

By integrating career development into the learning experience, institutions can support early major selection, increase retention and belonging, and demonstrate impact through measurable outcomes—without adding administrative burden.

“PathAdvisor meets students where they are—inside the classroom and LMS—and gives institutions the tools to track and support professional and career readiness in real time,” said Jones-Vlasceanu. “It’s more than a digital course material. It’s a system for empowering student well-being and long-term success.”

Availability and Distribution Channels

PathAdvisor is available through the largest global digital learning platforms: VitalSource (including Barnes and Noble College) and Follett Higher Education. These “no access code” partnership integrations ensure the best student and faculty user experience. K12 school districts can access PathAdvisor through any LMS.

About Career Key

Founded by counseling psychologist Dr. Lawrence K. Jones, NCC, Career Key (www.careerkey.org) is a Seattle-based, women-owned business publishing digital learning tools based on the best science and practices of career counseling. Career Key is used by top research institutions including the University of Toronto Mississauga, Kansas State University, Texas State University, and the University of Alabama. Career Key supports over 4 million users annually.

Media Contact

Juliet Jones-Vlasceanu, Career Key, Inc., 1 425 395-4604, julietjones@careerkey.org, https://www.careerkey.org/

View original content to download multimedia:https://www.prweb.com/releases/career-keys-pathadvisor-named-2025-edtech-cool-tool-award-finalist-for-digital-courseware-solution-302435843.html

SOURCE Career Key, Inc.

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