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Archive for September 27th, 2016

Singapore Firm Vela Diagnostics Receives US FDA Emergency Use Authorization and CE-IVD Mark for Zika Detection Test

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SINGAPORE /PRNewswire/ — Vela Diagnostics announced today that the Sentosa® SA ZIKV RT-PCR Test has received Emergency Use Authorization (EUA) from the U.S. Food and Drug Administration. The test, which is developed and manufactured in Singapore, also received the European CE mark for in-vitro diagnostic use in August 2016.

The real-time PCR test by Vela Diagnostics enables the qualitative detection of RNA from Zika virus in human specimens and is available for use in laboratories in the United States that are certified under the Clinical Laboratory Improvement Amendments of 1988 (CLIA), 42 U.S.C. S263a, to perform high complexity tests, or by similarly qualified non-U.S. laboratories.

The Sentosa® SA ZIKV RT-PCR Test is approved for the identification of Zika virus in patients suspected to suffer from Zika virus infections and it is validated for plasma, serum and urine samples. All three sample types can be processed in the same run, fully automating sample extraction to report output. The Sentosa® PCR workflow is capable of processing 22 samples per run in under 3 hours.

The molecular test is designed to detect samples with low zika viral load with its detection limit of 3 x 103 copies/mL for ZIKV PRAVBC59 strain and 6 x 103 copies/mL for ZIKV MR-766 strain. The molecular test has a high analytical performance with 82 Zika virus strains detected and no cross-reactivity with 44 pathogens including dengue and chikungunya.

“The test is validated with real clinical samples for use with EDTA plasma, serum and urine sample types. If urine is used as the sample type then it must be collected alongside a patient-matched EDTA plasma and or serum specimen. Samples are collected from individuals meeting clinical or epidemiological criteria for Zika virus exposure,” stated Dr. Gerd Michel, Chief Scientific Officer of Vela Diagnostics.

Vela Diagnostics will be launching a single multiplex test for Zika virus, Dengue virus and Chikungunya for differentiation amongst the hemorrhagic fevers, which is relevant for an accurate patient treatment with a fast turn-around time.

In response to the recent Zika virus outbreak in Singapore, Vela Diagnostics organized a Zika virus symposium at their headquarters, which was keenly participated by major hospitals and government bodies in Singapore and from the regions, to discuss a holistic approach in diagnosing Zika virus.

Vela Diagnostics’ CEO Mr. Michael Tillmann mentioned: ” Vela Diagnostics is very concerned over the current Zika Virus situation in Singapore, with the authorization by FDA for emergency use, we aim to provide a fast and highly accurate testing solution to Singapore.”

About Vela Diagnostics

Vela Diagnostics provides a broad menu of molecular diagnostic tests, consolidated on its automated Sentosa® workflow system. Currently Vela Diagnostics offers 25 CE-IVD approved PCR tests and 5 CE-IVD approved NGS panels validated with 21 different sample types and open-channel capabilities.

The company was founded in 2011 with the vision of providing in-vitro diagnostic solutions for customers to achieve improved patient management. Vela is a privately owned Group of Companies headquartered in Singapore. The Asia Pacific, European, Australian and North American commercial operations of the Group are based in Singapore, Hamburg, Sydney and New Jersey, respectively. Vela Diagnostics also operates Global R&D and Global Manufacturing facilities in Singapore. For more information, please visit us at http://www.veladx.com.

Vela Operations Singapore Pte Ltd
(Co Reg No. 201106974H)
50 Science Park Road
#05-07 The Kendall
Singapore 117406
Phone : +65 6672 6060 (Main Line)
Fax : +65 6672 6066
Email: infoAPAC@veladx.com
http://www.veladx.com

Source: Vela Diagnostics
Related Links:
http://www.veladx.com

Written by asiafreshnews

September 27, 2016 at 6:49 pm

Posted in Uncategorized

Fragrance Du Bois Participates in Malaysia International Gourmet Festival (MIGF) 2016

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KUALA LUMPUR, Malaysia /PRNewswire/ — The prestigious Malaysia International Gourmet Festival (MIGF) 2016, at Taste MIGF 2016, took place from the 23rd to the 25th of September.

MIGF 2016 tantalised the taste buds, and was an olfactory delight for visitors and gourmands alike, as French, luxury perfume brand, Fragrance Du Bois, announced its second participation in the glamorous event. Apart from showing support for an occasion beloved by Malaysia’s glitterati, Fragrance Du Bois enthralled with the exquisite and mystical aromas of Oud.

Positioned in the LuxuryPlus category, Fragrance Du Bois showcased a delightful array of its unique signature fragrances, that was enjoyed by all visitors, while sipping on some Oud Tea — a new and unusual experience to be savoured at its booth this year.

Other high-end fragrance brands that have come under Fragrance Du Bois’ wings in recent months — UK label Illuminum, Italy’s renowned Xerjoff (famous for its Italian perfumery traditions and exquisite artisan bottles), and Sillage from the USA — were also showcased, alongside Parisian brands, Parfums de Marly, Isabey, and Alexandre J.

The two-day food tasting extravaganza that serves as a prelude to the month long festival was held at Berjaya Times Square Hotel, Kuala Lumpur, and Fragrance Du Bois, ‘pure Oud, pure luxury’, was proud to be part of a multi-sensory experience that has become part of the fabric of Malaysia’s high society.

Notes for Editors:

For further information, please contact:

Zaahira Muhammad
Senior PR & Marketing Executive, Malaysia
Email: zaahira@fragrancedubois.com
Tel: +60-12-203-5344

Samantha Tham
Senior PR & Marketing Executive, Singapore
Email: samantha.tham@fragrancedubois.com
Tel: +65-9144-0933

About Fragrance Du Bois

Fragrance Du Bois is a niche, luxury perfume house born from the richest essences of nature, crafted by fifth generation perfumers, from the 17th century French traditions of Grasse. At the heart of all Fragrance Du Bois’ creations is its signature Oud that exudes the ultimate in luxury, being both distinctive and unique. All the Oud used by Fragrance Du Bois is produced on its own sustainably managed plantations, and is guaranteed to be ethically and sustainably sourced.

Fragrance Du Bois now has gorgeous, superbly designed boutiques in some of the world’s iconic locations, and has established itself, in a remarkably short space of time, as one of the most original and innovative makers of perfumes and associated products in the ultra-competitive global fragrance market.

Source: Fragrance Du Bois
Related Links:
http://www.fragrancedubois.com

Written by asiafreshnews

September 27, 2016 at 3:41 pm

Posted in Uncategorized

Fragrance Du Bois Participates in Malaysia International Gourmet Festival (MIGF) 2016

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KUALA LUMPUR, Malaysia /PRNewswire/ — The prestigious Malaysia International Gourmet Festival (MIGF) 2016, at Taste MIGF 2016, took place from the 23rd to the 25th of September.

MIGF 2016 tantalised the taste buds, and was an olfactory delight for visitors and gourmands alike, as French, luxury perfume brand, Fragrance Du Bois, announced its second participation in the glamorous event. Apart from showing support for an occasion beloved by Malaysia’s glitterati, Fragrance Du Bois enthralled with the exquisite and mystical aromas of Oud.

Positioned in the LuxuryPlus category, Fragrance Du Bois showcased a delightful array of its unique signature fragrances, that was enjoyed by all visitors, while sipping on some Oud Tea — a new and unusual experience to be savoured at its booth this year.

Other high-end fragrance brands that have come under Fragrance Du Bois’ wings in recent months — UK label Illuminum, Italy’s renowned Xerjoff (famous for its Italian perfumery traditions and exquisite artisan bottles), and Sillage from the USA — were also showcased, alongside Parisian brands, Parfums de Marly, Isabey, and Alexandre J.

The two-day food tasting extravaganza that serves as a prelude to the month long festival was held at Berjaya Times Square Hotel, Kuala Lumpur, and Fragrance Du Bois, ‘pure Oud, pure luxury’, was proud to be part of a multi-sensory experience that has become part of the fabric of Malaysia’s high society.

Notes for Editors:

For further information, please contact:

Zaahira Muhammad
Senior PR & Marketing Executive, Malaysia
Email: zaahira@fragrancedubois.com
Tel: +60-12-203-5344

Samantha Tham
Senior PR & Marketing Executive, Singapore
Email: samantha.tham@fragrancedubois.com
Tel: +65-9144-0933

About Fragrance Du Bois

Fragrance Du Bois is a niche, luxury perfume house born from the richest essences of nature, crafted by fifth generation perfumers, from the 17th century French traditions of Grasse. At the heart of all Fragrance Du Bois’ creations is its signature Oud that exudes the ultimate in luxury, being both distinctive and unique. All the Oud used by Fragrance Du Bois is produced on its own sustainably managed plantations, and is guaranteed to be ethically and sustainably sourced.

Fragrance Du Bois now has gorgeous, superbly designed boutiques in some of the world’s iconic locations, and has established itself, in a remarkably short space of time, as one of the most original and innovative makers of perfumes and associated products in the ultra-competitive global fragrance market.

Source: Fragrance Du Bois
Related Links:
http://www.fragrancedubois.com

Written by asiafreshnews

September 27, 2016 at 3:35 pm

Posted in Uncategorized

Ge Tai The Musical that Sold Out in Singapore Coming Soon to Genting

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-Live show a refreshing take on the popular indigenous art featuring Malaysia’s very own Simon Mohan
GENTING HIGHLANDS, Malaysia /PRNewswire/ — Ge Tai – The Musical was a sold-out event in Singapore, enjoying acclaim for its artistic and cultural significance. Boasting a renowned cast and a creative team comprising the finest minds in the entertainment scene, it is expected to enjoy the same level of success when it arrives in Malaysia.

Ge Tai — The Musical
Ge Tai — The Musical
The extravaganza that combines the high energy of a Chinese live concert and a musical theatre, will be held at the Genting International Showroom from 1 to 4 October, and from 8 to 11 October 2016.

The fabulous show written by Singaporean scriptwriter Jonathan Lin, will feature the Who’s Who in Singapore’s entertainment scene, with Desmond Ng and Hao Hao in the lead roles of Liu Zhang Wen and Shen Yi Fei respectively. The other performers are Bao Bao Sisters (playing Xing Xing sisters), Jiu Jian (as manager Wei), He Jie (as Hong Ling), Tay Yin Yin (Ah Lin Sao), Jasper Lai (stage owner Zhen Zhu), Peng Chi Seng (Ah Lin), Michelle Tan (Ah Fen) and Tay Sin Yeun (Jin Sao).

Other standout names among the cast are Ipoh-born Simon Mohan who plays Jie Ge, and guest artistes Zhang Di and Cai Qiu Feng, both veteran stars who are household names in Asia.

Ge Tai — The Musical that first premiered in Singapore last April is the first of its kind, bringing audiences back to 1980s Singapore and providing a refreshing take on this popular art culture. Fans can expect to be treated to much glitter and comedy in the production that showcases the glamorous world of getai — in this case, how a group of getai performers re-discover the irreplaceable significance of kinship.

Audiences are invited to feel the heartbreak and joy behind the bright lights of the getai stage in this feel-good production boasting a colourful set, evocative lighting design and over-the-top costumes.

The musical also serves as a trip down memory lane for many people as not only do the flamboyant performers portray the lives of the getai community; the production also showcases the vibrancy of the getai scene that spans more than three decades from the 1980s.

Ge Tai — The Musical blends the essence of grassroots getai with the elements of musical theatrics, reaching out to a wide audience and playing a part in preserving the popular indigenous art. New songs and old numbers alike will enliven things — with the latter including familiar classics like Cupid, Passionate Desert and the Hokkien favourite, Fight to Win.

Brilliant cast includes Malaysian-born Mohan

Some of the biggest names in Singapore’s getai scene are involved in Ge Tai — The Musical, adding a touch of authenticity to the production. It is a collaboration between getai celebrities and Singapore’s musical theatre creators, but there will also be special appearances by international stars Zhang Di and Cai Qiu Feng.

Malaysian fans would no doubt also be keen to catch Malaysian-born Mohan in action. The Ipoh-born singer who first tasted success when he won the National Mandarin Song Contest 1983, has long since made his mark in the entertainment scene — like releasing an album produced by Taiwanese singer-composer Lin Chiung Lung and signing on to Suwah Records.

Veteran star Zhang Di who is also known as “King of Wit” will appear in the live show as guest artist from 1 to 4 October. Those of his generation would remember how, at the height of his popularity, he rivalled the late Teresa Teng. He is best known for the songs Mao Mao (The Fur Song) and Guo Jia (Country) — the second of which has since become a patriotic anthem in mainland China.

Another renowned guest artiste is Taiwan’s Hokkien songbird Cai Qui Feng who will appear from 8 to 11 October. The singer who has released more than 30 albums and whose hit songs have since become favourite tunes among karaoke lovers, will no doubt help attract fans to the live show.

Other guest artistes are Yao Yi (appearing on 1 October), Ou Li Wen (2 October), Liu Jun Er (3 October), Liu Yan Hua (4 October), Xie Guo Wen (8 October), Hou Mei Yi (9 October), Huang Xiao Feng (10 October), and Hou Jun Hui (11 October).

Ge Tai — The Musical focuses on how a little known amateur performer in the 1980s ultimately blossoms into a getai star — but not before experiencing many trials and tribulations. Hao Hao’s character has to fight to overcome the discrimination he faces from his peers. Thankfully he gets inspiration from Desmond’s character, a local crowd favourite who has seen it all before — having gone down the same path that Hao Hao’s character is now experiencing.

Desmond whose professional singing career began in 2009, tasted success when he was won Singapore’s Best Newcomer Artiste Award by STOMP in 2011. Bigger things followed in 2015 when he won the Ge Tai Challenge with a heart-thumping performance, and he also landed a role in the movie, Ah Boys to Men.

Hao Hao, for this part, began his career as a getai performer and has since won many awards. Having established himself, he went on to release his debut album, and this was followed by such achievements as performing full-house to an audience of 1,800 at his first concert and starring in the 2008 getai-themed movie, 12 Lotus.

Creative team with an impressive portfolio

Ge Tai — The Musical is backed by a creative team with more than 19 years of experience in the arts and entertainment scene. It is led by Jalyn Han who has an impressive portfolio including Beauty World and the movie, Judgment Day.

And just like Jonathan Lim does an impressive job with the script, Xin Yao does an excellent job with the music, along with veteran songwriter Jiu Jian who composed three brand new songs for the musical. The other big names in the creative team are Elaine Chan as musical director, Andy Benjamin as choreographer, and Christopher Chua as set designer.

There’s also the highly sought after costume designer Fredrick Lee who is in charge of wardrobe, and prolific producer Annie Pek who harmonises the entire musical.

Ge Tai — The Musical will be held at Genting International Showroom at 9pm, from 1 to 4 October, and from 8 to 11 October (except on Saturday when there will be two shows, at 4pm and 9pm).

Tickets are priced at RM530 (VIP), RM230 (PS1) and RM120 (PS2).

For more information, please call 603-2718 1118 or log on to http://www.rwgenting.com

If you have any queries or in need of further clarification, please do not hesitate to contact the following persons:

Irene Chua, Assistant Manager Public Relations, 603 – 6105 9447
Nur Darwisyah, Senior Media Relations Executive, 603 – 2333 6679

Photo – http://photos.prnasia.com/prnh/20160926/8521606083

Source: Resorts World Genting
Related Links:
http://www.rwgenting.com

Written by asiafreshnews

September 27, 2016 at 3:35 pm

Posted in Uncategorized

Business Opportunities, Latest Technologies to Spearhead VIETSTOCK 2016

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HO CHI MINH CITY, Vietnam /PRNewswire/ — On October 19-21, 2016, all roads will lead to Vietnam for the country’s biggest feed and livestock show — the VIETSTOCK 2016 Expo and Forum which will be held at the Saigon Exhibition Convention Center in Ho Chi Minh City.

Hosted by the Ministry of Agriculture and Rural Development since 2004, the bi-annual holding of VIETSTOCK has grown bigger and better in each edition and this year, the show has expanded to 40% with the participation of more than 300 international and local exhibitors who would welcome nearly 9,000 visitors comprised of livestock farmers, animal nutritionist, feed millers and other industry players from over the world, especially CLMV area (Cambodia, Laos, Myanmar, Vietnam).

VIETSTOCK 2016 will be a special edition with the 1st launching of Aquaculture Vietnam 2016 Conference. Themed “Sustainable Aquaculture in Practice”, this conference provides a platform for Aquaculture members to keep their skills and knowledge up to date through variety of papers and discussions led by top renowned experts.

In addition, another highlight of this year is “Business Matching Program” — a free application to connect exhibitors and visitors and allows them to schedule for their meetings at the show in advance. “Participants can request direct meetings to specific industry people. This way, they can maximize their time during the show by exploring business opportunities through significant business conversations.” shared by Ms Rungphech (Rose) Chitanuwat, Business Director of UBM ASIA. Pre-registration at http://www.vietstock.org is required in order to access the “Business Matching Program”

Holland, Taiwan, South Korea, mainland China, the Czech Republic and so on will lead the foreign pavilions where local guests will have the first hand to explore the latest innovations in feed, livestock and aquaculture production that are being offered by these countries. “For three days, we will provide a unique livestock platform for industry players where they can approach the latest products and technology from the leading exhibitors in many different countries as well as the foreign pavilions. Furthermore, the participants will maximize their business opportunities by meeting with suppliers, distributors and those who are involved in the industry chain. Face-to-face interaction will be the best way to communicate and deliver clear messages to expand networks and develop business partnerships,” said by Ms. Rungphech (Rose) Chitanuwat.

Aside from the wide array of newest technologies which will be showcased by the exhibitors, an interesting and relevant series of conferences and seminars will cover extensive topics such as: “Advance Technologies For Improving Swine Production”, “Managing Feed Quality & Safety”, “Farm Management and Disease Control in Livestock Farm”… , enable participants to learn more on the latest industry innovation, whilst providing them with an opportunity to benchmark and grow their businesses. Visit http://www.vietstock.org for more on VIETSTOCK 2016 Expo & Forum.

About VIETSTOCK (www.vietstock.org)

VIETSTOCK 2016 Expo & Forum is the biennial livestock exhibition hosted by the Department of Livestock Production — Ministry of Agriculture and Rural Development (MARD). This year, the show has expanded by 40% with 300+ exhibitors. Moreover, it is expected to welcome 9,000+ visitors in different countries, especially the CLMV (Cambodia-Lao-Myanmar-Vietnam) regions.

VIETSTOCK Expo and Forum in 2014
VIETSTOCK Expo and Forum in 2014

Seminar at VIETSTOCK Expo and Forum in 2014
Seminar at VIETSTOCK Expo and Forum in 2014

Photo – http://photos.prnewswire.com/prnh/20160926/411642
Photo – http://photos.prnewswire.com/prnh/20160926/411643
Photo – http://photos.prnewswire.com/prnh/20160926/411644
Logo – http://photos.prnewswire.com/prnh/20121014/HK92339LOGO-d

Source: UBM Asia (Malaysia)

Written by asiafreshnews

September 27, 2016 at 3:20 pm

Posted in Uncategorized

Denave Completes One Year of its Operations in the Malaysian Market

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NEW DELHI and KUALA LUMPUR, Malaysia /PRNewswire/ —

Appoints Dharma Gunaseelan as Country Director

Denave, a global sales enablement company focused on driving revenue growth for customers, completes one year of its operations in Malaysia. The company has recently appointed Dharma Gunaseelan as Country Director. In this role, Dharma will be responsible for spearheading the growth and operations of Denave Delivery Center in Malaysia while contributing to strategic planning and future roadmap building of the brand in APAC.

Dharma brings to Denave over 20 years of experience and expertise in the telesales industry and has handled multi-faceted roles encompassing sales management, client relationship management, strategy planning, team management and sales consulting in his previous stints. Commenting on his appointment, Dharma Gunaseelan, Country Director, Denave Malaysia said, “I am excited to be a part of Denave at a point when there are numerous growth avenues opening up in the telesales industry. With its world-class telesales services and the focus on achieving sales excellence, the South East Asian turf seems very promising for Denave. I am definitely looking forward to leading Denave Malaysia in this accelerated growth journey.”

Denave has been delivering services in the APAC region for over 10 years now and the Kuala Lumpur Telesales Delivery Center, which was established last year, is part of Denave’s strategy to expand its footprint globally.

Expressing his views on this new appointment, Mr. Snehashish Bhattacharjee, Global CEO & Co-Founder, Denave said, “Dharma will play an important role in realizing the vision of converting the Malaysia Delivery Centre into a Partner Management Center of Excellence and build cloud selling as a core expertise in this entity. I’m optimistic that the team will write larger success stories under his guidance and direction.”

About Denave:

Denave is a global sales enablement company focused on driving revenue growth for its customers through a gamut of service offerings. With reach spanning five continents, 23 countries and 500+ cities globally and a clientele that’s rich with Fortune 500 and industry leading companies, Denave has traversed the evolution from an Indian to an Asian to now a global company. For more information, please visit http://www.denave.com.

For more information, please contact:
Abhilasha Sharma – Marketing Communication
Abhilasha.sharma@denave.com

Apurvaa Pandey – GolinOpinion
Apurvaa.pandey@golinopinion.in

Source: Denave

Written by asiafreshnews

September 27, 2016 at 12:39 pm

Posted in Uncategorized

Akamai Releases Second Quarter 2016 State of the Internet / Security Report

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-Q2 report spotlights a 129 percent YoY increase in total DDoS attacks and a record 276 percent increase in NTP reflection attacks
-Web application attacks increased by 14 percent; SQL Injection and Local File Inclusion (LFI) continue growth as most common attack vectors
CAMBRIDGE, Mass. /PRNewswire/ — Akamai Technologies, Inc. (NASDAQ: AKAM), the global leader in content delivery network (CDN) services, today released its Second Quarter, 2016 State of the Internet / Security Report. The report, using data gathered from the Akamai Intelligent Platform™, highlights the cloud security landscape, specifically trends with DDoS and web application attacks, as well as malicious traffic from bots.

Download the latest State of the Internet / Security Report for data, analysis, and graphics at akamai.com/stateoftheinternet-security.

“While attack sizes are decreasing, we continue to see an uptick in the number of attacks as launch tools grow increasingly pervasive and easy to use and monetize,” said Martin McKeay, Editor-in-Chief, State of the Internet / Security Report. “This commoditization renders businesses vulnerable to a higher frequency of attacks they can’t defend against on their own. As we look toward Cybersecurity Awareness Month in October, it is important for organizations to understand what they are up against, specifically as adversaries increasingly threaten DDoS attacks for ransom.”

Highlights from Akamai’s Second Quarter, 2016 State of the Internet / Security Report include:

DDoS Attacks

Total DDoS attacks increased 129 percent in Q2 2016 from Q2 2015. During the second quarter, Akamai mitigated a total of 4,919 DDoS attacks.
Akamai observed its largest DDoS to date at 363 Gbps on June 20th against a European media customer. At the same time, the median attack size fell by 36% to 3.85 Gbps.
Twelve attacks observed during Q2 exceeded 100 Gbps and two that reached 300 Gbps targeted the media and entertainment industry.
Web Application Attacks

Q2 2016 showed a 14 percent increase in total web application attacks from Q1 2016.
Brazil experienced a 197 percent increase in attacks sourced from the region — the top country of origin for all web application attacks.
The United States, ranked second among countries for total web application attacks, saw a 13 percent decrease in attacks compared to Q1 2016.
SQL Injection (44 percent) and Local File Inclusion (45 percent) were the two most common attack vectors in Q2.
Bot Traffic Analysis

During one 24-hour period in Q2, bots accounted for 43 percent of all web traffic across the Akamai Intelligent Platform.
Detected automation tools and scraping campaigns represented 63 percent of all bot traffic, a 10 percent increase from Q1 2016. These bots scrape specific websites or industry segments and do not identify their intentions and origin.
A complimentary copy of the Q2 2016 State of the Internet / Security Report is available for download at akamai.com/stateoftheinternet-security. Download individual figures, including associated captions, at http://akamai.me/2cxMcJb.

About Akamai

As the global leader in Content Delivery Network (CDN) services, Akamai makes the Internet fast, reliable and secure for its customers. The company’s advanced web performance, mobile performance, cloud security and media delivery solutions are revolutionizing how businesses optimize consumer, enterprise and entertainment experiences for any device, anywhere. To learn how Akamai solutions and its team of Internet experts are helping businesses move faster forward, please visit http://www.akamai.com or blogs.akamai.com, and follow @Akamai on Twitter.

Contacts:

Sharon Wu
Akamai Technologies
swu@akamai.com
+65 6576 9312

Amanda Diah R.
Fortune PR
amanda_diah@fortunepr.com
+62 0878-8891-1985

Piyachat Rattanakasem
Vero PR
piyachat@veropr.com
+66 086-093-9019

Source: Akamai Technologies
Related stocks: NASDAQ-NMS:AKAM
Related Links:
http://www.akamai.com

Written by asiafreshnews

September 27, 2016 at 12:01 pm

Posted in Uncategorized

Big Data & Analytics for Banking Summit is Coming to Hong Kong

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HONG KONG /PRNewswire/ — The Big Data & Analytics for Banking Summit hosted by Innovation Enterprise, is coming to Hong Kong on October 19 & 20 at the InterContinental Grand Stanford Hotel. Speakers across the two days including senior data executives from BBVA, Zurich, HSBC, QBE, Standard Chartered Bank, CITIC, Natixis and more leading banks and financial institutions.

As we are increasingly moving towards a cash free economy, we have also seen the rate of fraud increase. Given that we are now also moving towards a contactless economy where there is no kind of identification verification needed for smaller transactions, this trend is only likely to increase. Globalization has also seen a huge increase in fraudulent transactions moving money across many countries to avoid taxes, launder money or bypass sanctions.

However, this increase in fraudulent electronic payments have also given some significant power back to the financial institutions. This is through the use of historical data which gives banks the ability to identify potential fraudulent trends, something that Singapore bank DBS is fully backing to help its customers.

DBS are utilizing data to identify historical fraudulent trends, representing something of a watershed for banks in Singapore, as DBS are the first to utilize big data technologies over time to identify fraud, rather than simply in the more commonly seen individual payments.

This focus on big data is something that Subir Chandra, Senior Vice President at T&O-COO Office, DBS Bank, will be discussing at this summit.

Subir will be giving a blow-by-blow of how DBS is leveraging data to lead change across the entire the company. He will be discussing the use of data, heuristics, experimentation and collaboration in various verticals within the company and how they are approaching the challenges that come with this approach.

Subir will be joined at the event by some of the most innovative companies within banking who are also adopting new data techniques and technologies. Amongst some of the subjects being discussed are data security compliance, data governance, regulation and market analysis with the aim of creating a rounded and complete view of the current challenges and opportunities for the use of data within banking. It is the first time the summit will be held in Hong Kong, having previously seen significant success in New York and Melbourne.

For more information about the summit please click here to visit the website. Alternatively, please contact Ryan Yuan at ryuan@theiegroup.com or +852-5808-1636.

About the Organizer:

Innovation Enterprise Ltd., a division of Argyle Executive Forum, is an independent business-to-business multi-channel media brand focused on the information needs of Senior Finance, Operations, Analytics, Big Data, Strategy, Digital, Innovation & Sports executives. Products include IE.Summits, ieOnDemand, ieWebinars, ieWhitepapers & more.

Whether it’s delivered online, or in person, everything Innovation Enterprise produces reflects the company’s unshakeable belief in the power of information to spur innovation.

Media Contact:

Rui Wang
Phone Number: +852-5808-4606
Email: rwang@theiegroup.com

Source: Innovation Enterprise
Related Links:
https://theinnovationenterprise.com

Written by asiafreshnews

September 27, 2016 at 10:49 am

Posted in Uncategorized