Connect with us

Technology

Leading Reg-tech company TSS Consultancy launches Disclosure 360, simplifying Insider Trading Disclosures and UPSI Management

Published

on

Sivasubramanian Ramann, Former CMD SIDBI & Former Exec Dir SEBI inaugurates Disclosure 360 launch at an internal event by TSS Disclosure 360 eliminates data submissions and integrates tightly controlled processes for complianceTSS aims to make Disclosure 360 accessible to firms of all sizes and environmentsSuccessful launch event for Disclosure 360 – ‘Fighting Financial Crime the New Way’, attended by over 300 senior professionals from the BFSI sector Disclosure 360 is live with the first customer and over 10 clients are in the sandbox environmentTSS Consultancy helps financial institutions fight financial crime like money laundering and surveillance through its platform TrackWizz and Screenzaa TSS serves 350+ financial institutions and 38 listed companiesLast year, the Company raised its maiden round of funding from WestBridge Capital at a valuation of Rs 900 crore

MUMBAI, India, Aug. 2, 2024 /PRNewswire/ — India’s leading Reg-tech company TSS Consultancy has announced the launch of Disclosure 360, a cutting-edge tech product designed to simplify insider trading disclosures and manage Unpublished Price Sensitive Information (UPSI) in compliance with the Prevention of Insider Trading (PIT) Regulations. This innovative solution is set to serve SEBI and IRDAI regulated entities, listed companies, and connected persons such as vendors and service providers to listed companies.

The Disclosure 360 launch event was hosted by TSS Consultancy that saw Mr. Sivasubramanian Ramann, Former CMD, SIDBI and Former Exec Dir, SEBI as the chief guest, with additional representation from NSDL and prominent stock brokers like HDFC Securities, Groww, and IDFC Bank. The event saw an attendance of 335 delegates, including representatives from 123 institutions such as exchanges, banks, depositories, listed companies, audit firms, law firms, stock brokers, CA and CS firms.

Chief guest Sivasubramanian Ramann said, “The interconnectedness of companies today is fairly large and complex. Each company works with hundreds of vendors who have access to price sensitive information, which they are obligated not to use. However, compliance officers have no way of knowing if price sensitive information about their company is being used by their vendors for trading, until now. Disclosure 360 empowers compliance officers to pull data from a software about the vendor and their families. Ultimately, it is about providing them with the next level of hygiene to ensure that they can safeguard their companies from reputation risks of crimes like insider trading. As regulators, we believe Reg-tech companies like TSS are ushering in a necessary change by providing capital markets, listed companies, MSMEs and other stakeholders with an important database such as Disclosure 360 and TrackWizz leading to significant savings of cost and legal damages.”

Disclosure 360 is a unique information bridge that eliminates data submissions from users while integrating tightly controlled processes. The platform is developed to enable informed decision-making by making information easily accessible and simplifying the collection process.

Sagar Tanna, Founder & CEO, TSS Consultancy, says, “TSS has always stood at the forefront of fighting financial crimes. Our products targeting anti money laundering, client onboarding, KYC compliances have been designed keeping in mind the demands of the BFSI sectors and regulators. Our new wholly owned subsidiary Disclosure 360 Solutions P Ltd focuses on disclosures, beginning with Insider Trading and UPSI management which is a very onerous and extremely widespread compliance challenge. 75 of the 152 investigations done by SEBI are on insider trading (report 22-23).”

Earlier this week, SEBI has suggested expanding insider trading rules to include more relatives as ‘connected persons.’ The new definition aims to encompass a wide range of family members who might have access to sensitive information, thereby tightening regulations and preventing insider trading activities.

TSS aims to make Disclosure 360 accessible to firms of all sizes and environments. To achieve this, TSS will leverage existing client relationships, offering insider trading solutions to ensure that current clients fully benefit from Disclosure 360. Furthermore, Disclosure 360 plans to target vendors and service providers to the listed companies, addressing the growing need for insider trading compliance in this new client category.

Disclosure 360 is live with its first customer, and over 10 clients are currently in a sandbox environment. 

About TSS:

TSS Consultancy helps financial institutions fight financial crime specifically towards money laundering and surveillance. Serving 350+ institutions with its 400+ team of technologists and certified financial crime professionals with a dedicated focus on India, it is a rare jewel made in and for India.

 

View original content:https://www.prnewswire.com/in/news-releases/leading-reg-tech-company-tss-consultancy-launches-disclosure-360-simplifying-insider-trading-disclosures-and-upsi-management-302212559.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

MyComputerCareer Looks Back on Rewarding 2024 Fueled by Student and Grad Success; Shifting Mindset to Alternative Higher Ed Learning Pathways

Published

on

By

Skills training is having a moment

APEX, N.C., Dec. 23, 2024 /PRNewswire-PRWeb/ — There’s an important conversation happening in higher education that is shifting the way students of all ages approach how, and where, they choose to gain knowledge. Do I need a “traditional” university degree to find a career or are there viable alternatives to gain skills and knowledge? While this question and conversation will, and should, continue throughout 2025, skills-training is undoubtedly having a moment.

“The first, and most important, metric that defines success for MyComputerCareer is positive student outcomes and 2024 provided numerous opportunities to celebrate so many of those accomplishments,” said Tony Galati, Founder and CEO of MyComputerCareer.

As more employers move towards dropping degree requirements, more than 70 million skills-warriors without degrees are paying attention. MyComputerCareer, which has specialized in IT-skills training since 2007, saw the impact first-hand as eager students excelled in the classroom and grads made an impact in IT.

In 2024, MyCC celebrated 3892 graduates, including a cohort of nearly 1600 in August that was the school’s largest since November 2022. By comparison there were 2998 graduates in 2023. The school’s live-led, DoD approved Cyber Warrior Program geared to transitioning service members, contributed to this uptick as the program grew more than 200% in 2024.

“My instructor served in the military and had 20+ years of cybersecurity experience, so he wasn’t just teaching me how to pass the exam, he was teaching me how to pass the exam then apply those skills to the real world,” said Air Force veteran and Cyber Warrior Program alumna Jayanna Berry.

How did students like Jaynna and others perform in the classroom? Collectively they earned nearly 6000 IT certifications which help provide the knowledge and skills needed to positively impact potential employers. Speaking of employers, the school’s Career Services team – which works with students and alumni for life – submitted more than 14,000 resumes on their behalf throughout the year.

Beyond student and graduate success, MyCC had a strong year in 2024, reinforcing the college’s position as a leader in the skills-training space. Some milestones and accomplishments included:

Named Top-10 Military Friendly schoolEarned EC-Council’s Circle of Excellence awardHR Team named “Team of the Year” by Merit AwardsFounder Tony Galati tagged as “innovative leader” in education (Forbes)Featured in a 30-minute Lifetime special titled “Operation Career” highlighting the school’s dedication to active and veteran service members.Named Military Friendly employer

“The first, and most important, metric that defines success for MyComputerCareer is positive student outcomes and 2024 provided numerous opportunities to celebrate so many of those accomplishments,” said Tony Galati, Founder and CEO of MyComputerCareer. “Every earned milestone beyond that bucket is very welcomed as it highlights the dedication of our employees to deliver a positive and rewarding experience to so many folks in an effort to change their lives.”

Since opening its doors in 2007, MyComputerCareer has equipped more than 27,000 graduates with the skills and resources needed for success, resulting in alumni working for some of the top tech companies across the country. The school welcomes students with no former experience or training in IT, and graduates come from a broad range of backgrounds – from hospitality to retail to stay-at-home parents.

About MyComputerCareer

MyComputerCareer is an accredited* technical school, with classes online and on-campus, that provides hands-on Information Technology training, certifications and job placement in as little as seven months. Founded in 2007, the school boasts nine campuses in Texas, North Carolina, Indiana, Ohio, and Nellis Air Force Base, with its headquarters in Holly Springs, North Carolina. For more information, call (866) 606-6922 or visit www.mycomputercareer.edu

* Accredited by the Accrediting Council for Continuing Education & Training (ACCET)

Media Contact

Aaron Martin, MyComputerCareer, 1 773.505.4325, aaron.martin@mycomputercareer.edu, www.mycomputercareer.edu

View original content to download multimedia:https://www.prweb.com/releases/mycomputercareer-looks-back-on-rewarding-2024-fueled-by-student-and-grad-success-shifting-mindset-to-alternative-higher-ed-learning-pathways-302337046.html

SOURCE MyComputerCareer

Continue Reading

Technology

Crowley Awards Maine Maritime Academy Cadets with Thomas B. Crowley Sr. Memorial Scholarship

Published

on

By

Cadets Anna LaDue and Odegaard Fields have been awarded the memorial scholarships for exemplifying the company’s values and intent on pursuing a maritime career.

JACKSONVILLE, Fla., Dec. 23, 2024 /PRNewswire-PRWeb/ — Cadets Anna LaDue and Odegaard Fields from Maine Maritime Academy have been awarded the Thomas B. Crowley Sr. Memorial Scholarship. These students were selected based on their performance during the cadet training periods aboard Crowley-operated or -managed ships and their intent to pursue maritime careers.

LaDue, a junior from Canterbury, New Hampshire, is studying marine transportation operations, with a minor in sail training. She has served as the Assistant Officer in Charge for the academy’s Delta Company during the 2024 training year and has achieved the Dean’s List for three consecutive semesters. Outside of her maritime studies, she is involved in the climbing club, singing ensemble, women on the water, environmental action club and her school’s student athletic advisory committee. After training aboard Crowley-managed tanker American Pride in summer 2024, LaDue seeks to sail aboard on tankers upon graduation.

Fields, a junior from New Marlborough, Massachusetts, is pursuing a degree in marine transportation operations. In addition to his studies, Fields is a small vessel handling instructor and terrestrial navigation teaching assistant on the George C. Previll Memorial Inter-Academy Monomoy challenge team. Fields sailed as a cadet with Crowley on the American Pride. Upon graduation, Fields wants to continue sailing as a deck officer on a tanker or offshore wind supply vessel.

The scholarship, which is awarded annually by Crowley, was established in 1994 by the company’s CEO and chairman Thomas B. Crowley Jr. to commemorate and honor Thomas B. Crowley Sr. and his instrumental leadership and accomplishments for the company and maritime industry. Since 1984, Crowley has provided over $3 million dollars in scholarships to more than 1,000 students studying at maritime academies and other select schools in the United States mainland, Puerto Rico and Central America.

About Crowley
Crowley is a privately held, U.S.-owned and -operated maritime, energy and logistics solutions company serving commercial and government sectors with $3.5 billion in annual revenue, over 170 vessels mostly in the Jones Act fleet and approximately 7,000 employees around the world – employing more U.S. mariners than any other company. The Crowley enterprise has invested more than $3.2 billion in maritime transport, which is the backbone of global trade and the global economy. As a global ship owner-operator and services provider with more than 130 years of innovation and a commitment to sustainability, the company serves customers in 36 nations and island territories. Additional information about Crowley, its business units and subsidiaries can be found at http://www.crowley.com. 

Media Contact

David DeCamp, Crowley, 904-727-4263, David.DeCamp@crowley.com, www.crowley.com 

Torey Vogel, Crowley, 904-726-4536, Torey.Vogel@crowley.com, www.crowley.com 

View original content to download multimedia:https://www.prweb.com/releases/crowley-awards-maine-maritime-academy-cadets-with-thomas-b-crowley-sr-memorial-scholarship-302338138.html

SOURCE Crowley

Continue Reading

Technology

TheLotter: Celebrate Christmas with a Stellar Mega Millions Jackpot!

Published

on

By

AUSTIN, TX, Dec. 23, 2024 /PRNewswire/ – The excitement skyrockets as the Mega Millions jackpot climbs to an estimated $944 million / $429.4 cash option, just in time for Christmas! To date, the popular multijurisdictional lottery has awarded 6 jackpot prizes over $1 billion, and this could grow to become the 7th.

At TheLotter, customers can order tickets for the upcoming Mega Millions draw, featuring such an extraordinary jackpot amount on Christmas Eve, 12/24/2024. TheLotter is the leading lottery ticket courier service, enabling customers across the state to join their favorite lottery draw games at their convenience without leaving home, and win prizes 100% commission-free. Just this week, T.B. from a small community northwest of Houston won $26,000 in the December 20, 2024 Daily 4 Morning draw after securing their entry through TheLotter. The Daily 4 Morning draw is one of the many state lotteries offered on the site. Some take place daily – even multiple times a day – while others are held twice a week.

“As we approach the end of 2024, excitement is at an all-time high with this Mega Millions colossal jackpot grabbing headlines. Adding to the buzz, the game is set to undergo a significant transformation in the coming year, promising even more excitement and chances to win big. With this perfect blend of monumental jackpots and innovative updates, Mega Millions is proving once again why it remains a favorite among lottery customers nationwide.” says Yael Hertz, CEO of TheLotter Group.

Once a customer’s order is confirmed at TheLotter, our agents ensure participation by purchasing tickets from licensed local retailers using the lucky numbers chosen by customers – either manually or via the Quick Pick option. Then, scanned copies, which serve as proof of ownership of these tickets, can be viewed in the customers’ online accounts before the draws take place.

TheLotter’s expanding list of winners who won huge prizes on the site includes Robert Talerico from San Antonio, who hit the $525,000 Texas Two Step jackpot in February 2023, as well as a Dallas customer who won $1 million in a Powerball draw in November 2022.

Lottery games enthusiasts in Texas eager for a chance at massive jackpots can join the excitement seamlessly by setting up an easy and secure account at TheLotter.

For more information about how Texas customers can take their shot at Mega Millions, Powerball and other state lottery draws’ prizes, visit the company’s website at tx.thelotter.com.

About TheLotter
TheLotter offers a lottery courier service enabling residents of Texas to order official Texas lottery tickets from their device, from the comfort of home or on the go.

Follow TheLotter US on FacebookTwitter and Instagram.  

Gambling can be harmful if not controlled. Must be 18 or older. Please play responsibly. 

View original content:https://www.prnewswire.com/news-releases/thelotter-celebrate-christmas-with-a-stellar-mega-millions-jackpot-302338436.html

SOURCE theLotter US

Continue Reading

Trending