Tuesday, 31 January 2017

A.M. BEST AFFIRMS CREDIT RATINGS OF FIDELITY LIFE ASSURANCE COMPANY LIMITED

SINGAPORE, Jan 31 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Fidelity Life Assurance Company Limited (Fidelity Life) (New Zealand). The outlook of these Credit Ratings (ratings) is stable.
 
The ratings reflect Fidelity Life’s strong risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), and favorable operating performance.


NASDAQ CORPORATE SOLUTIONS AND EUROLAND IR PARTNER TO PROVIDE ENHANCED FEATURES FOR INVESTOR RELATIONS WEBSITES

STOCKHOLM, Sweden, Jan 31 (Bernama-GLOBE NEWSWIRE) -- Nasdaq Corporate Solutions announces its partnership with Euroland IR to offer investor relations (IR) professionals worldwide with enhanced features for their IR websites. The partnership was formalized in December 2016 and brings comprehensive stock quotes, interactive charting and other IR website modules to thousands of Nasdaq Corporate Solutions clients across EMEA, Asia and the Americas. This upgrade for clients is already underway and follows the release of Nasdaq’s next generation IR website platform powered by Drupal 8 open source technology.


HULFT PTE. LTD. HAS SIGNED A HULFT IMPLEMENTATION PARTNER AGREEMENT WITH FUJITSU INDONESIA STRENGTHENING SALES AND INSTALLATION SUPPORT FRAMEWORK FOR THE HULFT SERIES IN INDONESIA

TOKYO, Jan 31 (Bernama-BUSINESS WIRE) -- SAISON INFORMATION SYSTEMS CO., LTD. (JASDAQ: 9640) (Headquarters: Toshima-ku, Tokyo; President: Kazuhiro Uchida; hereafter “SAISON INFORMATION SYSTEMS”) has today announced that its subsidiary in Singapore, HULFT Pte. Ltd., has signed a HULFT Implementation Partner Agreement (*1) with PT. Fujitsu Indonesia (Headquarters: Jakarta; President Director: Achmad Sunuadji Sofwan; hereafter “Fujitsu Indonesia”), as a partner working to promote HULFT products throughout the region. HULFT is a series of file transfer middleware products that has the fourth highest share of the market in terms of worldwide sales (*2), and the leading share of the domestic market in Japan (*3).


OTC GLOBAL HOLDINGS KICKS OFF 10TH ANNIVERSARY WITH EXPANSION INTO ASIA PACIFIC

OTC Asia office in Singapore to offer European and Asian crude swaps, distillate swaps and cracks, and physical fuel broking; completes leading independent commodities interdealer broker’s global service model
 
SINGAPORE, Jan 31 (Bernama-BUSINESS WIRE) -- OTC Global Holdings (OTCGH) today announced the formation of OTC Asia in Singapore. The new office and expansion into the Asia Pacific region marks a significant milestone for the leading independent commodities interdealer broker, which is celebrating its 10th anniversary in 2017, as it completes the company’s global service model. Through OTCGH’s Aalpha Energy desk, which serves every major global crude swaps market via offices in Houston, London, New York and now Singapore, clients can speak with a live broker at any time during the global workday.



Netflix Launches Fortune Microsite

KUALA LUMPUR, Jan 27 (Bernama) -- Netflix, an internet television network, has launched Netflix Fortune microsite, newyear.netflix.io that allows people to create memorable new moments with their loved ones.

Netflix Inc. in a statement today said the site allows people to discover their fortune while navigating the year of the fire rooster.

"By simply entering your date of birth on the site, you can see personalised zodiac predictions inspired by your favourite Neflix original characters for you and your family.

"For instance, take the Rooster Patriarch in your family, Netflix predicts that they will enjoy abundance as their dreams become a reality through sheer determination and perseverance, just like Titus of Unbreakable Kimmy Schmidt," the statement said.

Netflix is an internet television network with over 93 million members in over 190 countries.

-- BERNAMA

Sunday, 29 January 2017

A.M. BEST AFFIRMS CREDIT RATINGS OF FMG INSURANCE LIMITED

SINGAPORE, Jan 27 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of FMG Insurance Limited (FMGIL) (New Zealand). The outlook of these Credit Ratings (ratings) remains stable.


The ratings reflect FMGIL’s strong risk-adjusted capitalization, consistently positive operating performance and well-established profile in the rural sector of New Zealand’s general insurance market. The ratings also reflect FMGIL’s low underwriting leverage, high-quality investment portfolio and direct distribution network capability. 

Friday, 27 January 2017

PubMatic Records Adjusted EBITDA Margin Of Over 30 Pct For FY2016



KUALA LUMPUR, Jan 26 (Bernama) -- California-based PubMatic, Inc., today announced its financial year 2016 results, marked by the highest levels of revenue, profit and free cash flow performance in its ten-year history.

The automation solutions company for an open digital media industry also posted an adjusted EBITDA margin of over 30 per cent.

In a statement, PubMatic said the key drivers of the results include an increased adoption of header bidding, increased mobile and video monetisation and its renewed commitment to customer satisfaction.

Currently, the header bidding technology represents over 75 per cent, of all of PubMatic's available impressions since it launched globally in 2012.

According to its recently released 2016 Quarterly Mobile Index (QMI), PubMatic's advanced mobile monetisation strategies such as private marketplaces and header bidding, resulted in average PubMatic mobile eCPMs increasing by over 30 per cent for mobile web and 16 per cent for mobile app year-over-year.

As such 75 per cent of PubMatic's impressions were generated via mobile devices, while the company realised over 25 per cent of marketer spend, placed against video in the fourth quarter (Q4) 2016.

"Our focus on sell side digital media execution enables publishers and app developers to take control of their advertising decisioning.

"Header bidding and corresponding wrapper technology, maximises the value of demand through increased access to buyers and competitive CPMs," said Co-Founder and Chief Executive Officer, Rajeev Goel.

-- BERNAMA