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Cathay United Bank Takes Home 4 Awards From The Asset for Outstanding Advancements

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TAIPEI, Oct. 8, 2024 /PRNewswire/ — Cathay United Bank won worldwide recognition once again for its superb asset management services. At the Triple A Private Capital Awards 2024, held by The Asset, an internationally reputed financial magazine, in Hong Kong on September 23, the Bank took home awards for the “Best Wealth Manager”, the “Best Bank for Investment Solutions, Equity”, the “Best Private Bank – HNWIS”, and the “Best Private Bank”.

Cathay United Bank steadfastly stands by its client-centric approach. By integrating external and internal resources, creating innovative and differentiated products, and establishing market influence, the Bank’s achievements in diversity have astounded all. In particular, the bank has seen a double-digit growth in high-net-worth (HNW) customers. In addition, the Bank has been actively aligning itself with the global market. By collaborating with foreign asset management companies, the Bank provides HNW customers with opportunities to invest globally through alternative investment products. Such actions enable customers to diversify risk and strengthen asset quality, consolidating Taiwan’s financial influence in the international arena. These accomplishments have elevated Cathay United Bank above its peers to claim the “Best Wealth Manager” award.

Cathay United Bank’s remarkable digital transformation achievements in recent years have also achieved critical acclaim. Aside from streamlining its transaction process considerably, the Bank has also developed the Treasury Derivatives Management System (TDMS). The TDMS reduces potential operational risks and streamlines the manual process by automatically sending the manager’s quotation requests to the transaction party’s quotation system. The TDMS also enhances the quality of stock-linked investment products and improves the speed of inquiries. Consequently, the increased transparency of quotations for equity-linked investments appealed greatly to investors. Integrated with trade management and price evaluation functions, the TDMS was later expanded to include a pricing model for multi-asset complex structured investments, enabling the Bank to provide all-round asset management services – earning the Bank the “Best Bank for Investment Solutions, Equity” award.

Furthermore, Cathay United Bank won the “Best Private Bank” and the “Best Private Bank – HNWIS” awards for the fourth year running. Recognizing the growing demand for alternative investment opportunities among Taiwanese HNW customers, the Bank launched Taiwan’s first non-securities investment trust (non-SIT) offshore fund in 2023, enriching the diversity of its alternative investment platforms. Thanks to its investment strategy of “customization, diversification and comprehensiveness”, HNW customers can now enjoy world-class financial services without ever having to go abroad. Recognizing that the challenges ahead also present opportunities for growth, Cathy United Bank will persist in diversifying its products and building a comprehensive product planning platform, employing robust asset management strategies to assist customers achieve their financial goals at every stage of their lives.

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SOURCE Cathay United Bank

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Innovation in Isolation: New Book Commissioned by MacPaw Explores Ukraine’s Historic Contributions to Tech, Supporting Critical Humanitarian Aid

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All proceeds will be donated to MacPaw Foundation, a non-profit organization established by MacPaw, to provide aid for civilians affected by russia’s invasion of Ukraine

BOSTON, Oct. 8, 2024 /PRNewswire/ — Innovation in Isolation: The Story of Ukrainian IT from the 1940s to the Present explores Ukraine’s pivotal role in the birth of computer science and its transformation from a former part of the Soviet Union to a thriving European innovation hub and is now available for preorder online. The book will be published on February 11, 2025 ahead of the third anniversary of russia’s unjust invasion of Ukraine. Commissioned by MacPaw – a global software company with deep Ukrainian roots –  published by IST Publishing, and distributed by Pathway Book Service in the U.S., all proceeds from Innovation in Isolation will support MacPaw Foundation’s humanitarian relief efforts in Ukraine. These funds will be directed to emergency wartime medical assistance in Ukraine’s most remote and inaccessible areas, a critical need in the face of russia’s ongoing aggression.

From the development of the first computer in Ukraine in the 1940s to its emergence as a global tech hub in the 21st century, Innovation in Isolation chronicles Ukraine’s pivotal role in the birth of computer science. Featuring exclusive interviews spanning generations with compelling illustrations and original photographs never before seen in the West, the book brings to life the untold stories of overlooked geniuses including Sergey Lebedev (1902–1974) and Victor Glushkov (1923-1982).

“We created Innovation in Isolation to shed light on the profound history of Ukraine’s IT industry and to show the world how Ukraine has produced so many talented engineers and IT specialists,” said Oleksandr Kosovan, Founder and CEO of MacPaw. “For decades, Soviet authorities and Moscow elites distorted our history, often claiming our inventions and the names of our inventors as their own. This book will fix that narrative, celebrating the true pioneers who helped Ukraine become a modern tech hub. I hope that readers find this exploration of Ukrainian history both enlightening and inspiring, recognizing the resilience and brilliance of these remarkable Ukrainian minds.”

Innovation in Isolation celebrates Ukraine’s achievements and offers valuable insights into the lessons learned under the oppression and propaganda of the former Soviet Union. This book offers readers a powerful message for today: Ukraine’s innovative spirit continues to thrive despite russian aggression. By examining Ukraine’s resilience and innovation in the face of adversity, readers will gain a deeper appreciation of Ukraine’s tech landscape and the indomitable spirit of its people.

For more information about Innovation in Isolation, visit https://www.innovation-in-isolation.com.

About MacPaw

MacPaw develops and distributes innovative software for macOS and iOS that simplifies the lives of Mac users. Renowned for its meticulously crafted products, such as CleanMyMac X, CleanMy®Phone, Setapp, and ClearVPN, and known for its Moonlock cybersecurity division, MacPaw is dedicated to enhancing and securing the Mac user experience. Founded in Kyiv, Ukraine, with a subsidiary office in Boston, MacPaw serves over 30 million users worldwide. With one in every five Mac users having at least one MacPaw app, the company is a trusted leader in the Mac software ecosystem.

To learn more about the MacPaw Foundation, visit https://macpaw.foundation.

For review copies of the book and interview requests, please contact:
Julia Drake | Wildbound PR | julia@wildboundpr.com | (310) 359-6487

Photo – https://mma.prnewswire.com/media/2521778/Innovation_in_Isolation.jpg

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Purpose-built, Flexible Life Science Facilities are the Leading Design and Construction Trend

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Tenant needs shaping move toward flexible spaces that are ready for move-in

COLUMBIA, Md., Oct. 8, 2024 /PRNewswire/ — Demand toward life sciences manufacturing space when compared to innovation and R&D is driving the shift in tenant needs in the market, leading to changes in how architects and contractors’ partner with clients, said Abhishek Dhawan, DPR Construction’s Mid-Atlantic life sciences leader at Bisnow’s Life Sciences Summit.

“The advancement in science and technology has enhanced the need for life science buildings to accommodate continual adjustments in space and use by various tenants and companies,” Dhawan said. “Purpose-built, flexible facilities are the leading design and construction trend in the market.”

With a robust level of drug clinical trials driven by major pharmaceutical firms, the need for move-in-ready space and cGMP manufacturing is very important. However, with tight budgets and consistent advancements in the science and technology, architects and contractors are helping firms maintain a balance between these conflicting concerns.

Dhawan also noted that:

Facilities are being built to accommodate collaboration spaces, vibration sensitive equipment, efficient airflows and exhaust, mechanical/electrical/plumbing for multi-purpose facility use.Shared lab amenities that bring more flexibility in buildings include low temperate product storage, central glass wash/autoclave, data center, cleanroom and fabrication shops.Living plant walls, noise control, and increased access to daylight and fresh air make these buildings healthier for everyone who works in them. Moreover, incorporating features that encourage wellness, such as open and accessible stairways, dedicated fitness spaces and showers, and even outdoor dining, walking paths and bike storage rooms.

About DPR Construction

DPR Construction is a forward-thinking, self-performing general contractor and construction manager specializing in technically complex and sustainable projects for the advanced technology, life sciences, healthcare, higher education and commercial markets. DPR’s portfolio of work ranges from large-scale new construction to small tenant improvements and special projects. Founded in 1990, DPR is a great story of entrepreneurial success as a private, employee-owned company that has grown to a multi-billion-dollar organization with offices around the world. Strategically focused on delivering more predictable outcomes through applications of virtual design & construction, prefabrication, its team of self-perform craft, and leveraging data to learn and improve from DPR consistently ranks among the top building contractors and employs approximately 11,000 professionals across its family of companies. For more information, visit http://www.dpr.com.

For more information, please contact:

Lisa Ruano
DPR Construction
Tel: 908-451-9622
Email: lisaru@dpr.com

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SOURCE DPR Construction

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Earnest Analytics launches US consumer spending index based on credit card spending

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NEW YORK CITY, N.Y., Oct. 8, 2024 /PRNewswire/ — Earnest Analytics, the leading data analytics firm for investors, companies, and consulting firms, has released a new Earnest Analytics Spend Index (EASI), powered by the Vela Gamma transaction dataset.

Earnest Analytics has released a new Earnest Analytics Spend Index, powered by the Vela Gamma transaction dataset.

The new Earnest Analytics Spend Index is an alternative data-driven measure of consumer activity that tracks spending across 89 merchant category codes (MCC), encompassing thousands of US merchants. The near real-time data is derived from the credit and debit card activity of millions of de-identified US consumers.

“The macroeconomic environment is more topical than ever as interest rates change and consumer sentiment cools,” said Michael Maloof, Vice President and Head of Marketing at Earnest Analytics. “The EASI gives investors and corporate managers a real-time look into shopper behavior, by location and income, weeks before traditional sources. It is an unprecedented view under the hood of the consumer economy.”

Earnest Analytics customers will also be able to drill down into the sectors driving changes in the EASI, as well as geographies, demographics, and credit vs debit sources. 

The new EASI is highly predictive of the US Census Bureau’s Monthly Retail Trade Survey. 

The new EASI is currently available via Earnest Analytics’s proprietary web-based analytics platform Earnest Dash (see September report here) as well as BigQuery, S3, and Snowflake.

For more information on Earnest Analytics or to schedule a demo, visit:
https://www.earnestanalytics.com/schedule-a-demo-form/

About Earnest Analytics
Founded in 2012, Earnest Analytics measures the consumer and healthcare economies with real-time data, providing actionable insights for institutional investors, companies, consultants, and government agencies. Our structured datasets provide clear, correlated signals, with tools for deep fundamental analytics on Consumer Spend, Retail Pricing, CPG, and Healthcare Claims. Earnest Analytics enables companies to deeply understand consumer habits and national health trends. For more information visit www.earnestanalytics.com.

For Press Inquiries Please Contact
Deanna Kim, Senior Marketing & Media Relations Associate
dkim@earnestanalytics.com

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SOURCE Earnest Analytics

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