KUALA LUMPUR, Aug 30 (Bernama) -- EngageSmart, LLC (EngageSmart), a leading provider of vertically-tailored customer engagement software and integrated payments solutions, has announced it has publicly filed a registration statement on Form S-1 with the US Securities and Exchange Commission (the SEC) relating to the proposed initial public offering of its common stock.
According to a statement, the number of shares to be offered and the price range for the offering have not yet been determined. EngageSmart intends to list its common stock on the New York Stock Exchange under the ticker symbol ‘ESMT’. J.P. Morgan, Goldman Sachs & Co LLC, BofA Securities and Citigroup will act as lead book-running managers for the proposed offering while Deutsche Bank Securities, Raymond James, Truist Securities, and William Blair will act as book-runners for the proposed offering. A registration statement on Form S-1 relating to the proposed sale of the securities has been filed with the SEC but has not yet become effective, whereby, the securities may not be sold, nor may offers to buy be accepted, prior to the registration statement becoming effective. Headquartered in Braintree, Massachusetts, EngageSmart offers single instance, multi-tenant, true Software-as-a-Service (SaaS) vertical solutions, including SimplePractice, InvoiceCloud, HealthPay24 and DonorDrive, that are designed to simplify customer engagement with clients by driving digital adoption and self-service. -- BERNAMA
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KUALA LUMPUR, Aug 24 (Bernama) -- Asia Pacific Investment Bank Ltd. (APIB) (licensed Labuan investment bank) (LL11654) will be holding a webinar with Labuan International Business and Financial Centre (Labuan IBFC) on 2nd September to share with us the role of Labuan IBFC as wholesale midshore intermediation centre that facilitates’ business expansion in Asia-Pacific as well as the global market.
“Initiated by China’s state-owned Nanjing Zijin Investment Group, APIB registered in Labuan IBFC due to the jurisdiction’s strategic location in the heart of ASEAN. This supports APIB’s aim to promote the development of world economy and trade in the region through China and ASEAN's strong bilateral economic engine and achieve common prosperity,” said Chris Wang, Chief Executive Officer of APIB. mrem.bernama.com/viewsm.php?idm=40831 HSBC buys AXA Singapore, reflecting island-republic life insurance growth potential - AM Best29/8/2021 KUALA LUMPUR, Aug 26 -- The recent agreement to acquire AXA Insurance Pte Ltd (AXA Singapore) by HSBC Insurance (Asia-Pacific) Holdings Ltd (HSBC Insurance) demonstrates the continued growth potential of Singapore’s life insurance segment, according to a new AM Best commentary.
In its new Best’s Commentary, ‘HSBC’s Acquisition of AXA Singapore Highlights Singapore Life Insurance Growth Prospects’, AM Best states demand for long-term financial planning and health protection is continuing to support Singapore’s life insurance market prospects. The HSBC Insurance-AXA Singapore deal takes place at a time when the Singapore life market has seen a strong rebound in weighted new business premiums recorded in the first half of 2021. In addition, recent and future life insurance growth is expected to be supported by the city-state’s attractiveness as a home for affluent and high net worth individuals. Generally, AM Best is of the view that life insurance companies with international expertise in investment and wealth management have notable advantages in designing sophisticated products with more attractive investment terms and features — an important value proposition amid the current low-interest rate environment. Nonetheless, life insurers with product offerings that include significant investment risks/guarantees have to balance the attractiveness of these products with the capital requirements that arise for the insurer. According to a statement, the health and employee benefits lines of business also remain important growth drivers for life insurers in Singapore. In Singapore, aside from group health business, which delivered adequate profitability last year, health insurance is viewed as a difficult line of business due to the weak results of long-term individual policies. United States-headquartered AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. For more information, visit www.ambest.com. -- BERNAMA KUALA LUMPUR, Aug 26 (Bernama) -- Atos, a global leader in cybersecurity, announced it has selected Daiwabo Information System (DIS), leading distributor of IT-related products in Japan, to distribute its cybersecurity products locally.
This partnership between Atos and DIS represents Atos’ first cybersecurity distribution agreement in Japan and is an important step to expand Atos’ international channel strategy and partner ecosystem. “We are delighted to sign a key cybersecurity product distribution agreement with Daiwabo Information System,” said Vice President, Head of cybersecurity products at Atos, Alexis Caurette. “This further strengthens our commitment to customers in Japan, expands our reach in Asia, and underlines our willingness to expand our network of strategic distributors globally.” Meanwhile, Daiwabo Information System Purchasing department comments: “We are very pleased to be working with Atos and to bring its cybersecurity products to more customers in Japan – promoting secure solutions that are tailored to the needs of end customers.” According to a statement, this partnership will allow Japanese businesses and organisations embarking on digital transformation and cloud initiatives to protect their key data and assets with proven solutions. As part of the partnership between Atos and DIS, Atos’ Evidian portfolio for identity and access management will be distributed through DIS’ network of 19,000 resellers across Japan. A pioneer in decarbonisation services and products, Atos is committed to a secure and decarbonised digital for its clients. -- BERNAMA KUALA LUMPUR, Aug 25 -- Packet capture authority, Endace, and network intelligence and application experience [AX] leader, Kemp Technologies have announced a technology partnership to help security, network and application teams dramatically reduce network investigation and incident response times while improving accuracy.
The enhanced network flow metadata generation and intelligent traffic monitoring that Kemp’s Flowmon Probes provide now integrates with the EndaceProbe’s definitive, packet-level forensics. Security, network and application teams can accelerate investigation and resolution of incidents and threats by combining rich metadata, intelligent traffic monitoring and a complete packet-level history of network activity. “The complete network evidence that Kemp Flowmon and EndaceProbe provide gives teams the full context they need to quickly and accurately determine the scope and severity of security threats. “This insight enables our customers to prioritise and respond swiftly to the most threatening of cybersecurity events,” said Endace CEO, Stuart Wilson in a statement. Meanwhile, Kemp Technologies CTO, Pavel Minařík said: “Kemp Flowmon rich network flow data integrated with Endace’s 100 per cent accurate, always-on packet recording lets customers detect and respond to security and network threats more quickly, effectively and efficiently.” Endace specialises in high-speed, scalable packet capture for cybersecurity, network and application performance. For more information, visit www.endace.com -- BERNAMA |
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