Category: GLOBE-NEWSWIRE

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Preqin launches Allocator Hub for private market investors

Market-first, end-to-end solution to radically accelerate asset allocation, manager selection, due diligence, and portfolio management

LONDON, Feb. 13, 2025 (GLOBE NEWSWIRE) — Preqin, the global leader in alternative assets data, tools, and insights, today announced the launch of the Allocator Hub, a market-first, end-to-end platform that enables asset allocation, manager selection, due diligence, and portfolio management through sophisticated investment analytics, workflow tools, and managed services. This innovative offering is designed to support investors by driving better investment outcomes and streamlining costly, time-consuming investment processes.

Jonathon Furer, Senior Vice President, Head of Limited Partners, at Preqin said, ‘We believe the alternatives markets are at an inflection point. Our research indicates the industry is on course to expand by almost 80 per cent and is set to exceed $30tn in assets under management by 2030 globally, up from $16.8tn at the end of 2023.* Yet, these markets have historically lacked standardized data, benchmarks, and analytics, combined with highly manual investment processes, resulting in high operating costs. Preqin is on a mission to modernize private markets through increased digitization and by enabling intelligent pre- and post-investment processes. The Allocator Hub brings together our clients’ data with Preqin’s market data and benchmarks through investment analytics and managed services.’

Private markets need better data and technology solutions to optimize scalability and investor outcomes

Preqin’s launch of the Allocator Hub comes at a time when institutional alternatives allocations are projected to steadily grow over the long term, with an expanding investor base across institutional and retail investors worldwide. However, there remains a wide ‘transparency gap,’ with private market data typified by the absence of standardized frameworks and having additional barriers to entry compared to public markets.

As a result, operating an effective private markets program requires a high degree of expertise, headcount, and a web of third-party consultants and vendors. For smaller investors, building a portfolio with diligence can be daunting and expensive. For those that are larger and more established, operating an investment program at scale, while controlling total cost of ownership and maximizing analytical rigor and investment returns, can be a concern.

The Allocator Hub addresses these challenges by putting actionable data and analytics in clients’ hands, while digitizing inefficient, often manual, investment processes. This solution from Preqin allows investment professionals to accelerate market mapping, conduct efficient and thorough investment due diligence, benchmark fund performance against the market, create custom indices for more precise asset allocation and risk management workflows, and more.

Available through the flagship platform, Preqin Pro, the Allocator Hub leverages the full breadth of Preqin’s market intelligence, surfacing the right data, at the right time, and in the right format to deliver actionable insights and optimal outcomes.

The Allocator Hub fits into Preqin’s ethos of empowering the global finance community. Every solution is created to make investing in alternative assets a seamless, data-driven process by providing comprehensive and actionable market data, research, and analytics.

For more information, contact Mimi Celeste Taylor at [email protected]

Notes to the editors

* According to Preqin’s Future of Alternatives 2029 report.

To learn more about Allocator Hub, click here for the brochure. To request a demo, click here.

About Preqin

Preqin, the Home of Alternatives™, empowers financial professionals who invest in or allocate to alternatives with essential data and insight to make confident decisions. It supports them throughout the entire investment lifecycle with critical information and leading analytics solutions. The company has pioneered rigorous methods of collecting private data for 20 years, enabling more than 200,000 professionals globally to streamline how they raise capital, source deals and investments, understand performance, and stay informed. For more information visit www.preqin.com.

GlobeNewswire Distribution ID 1001047825

Posted on

Preqin launches Allocator Hub for private market investors

Market-first, end-to-end solution to radically accelerate asset allocation, manager selection, due diligence, and portfolio management

LONDON, Feb. 13, 2025 (GLOBE NEWSWIRE) — Preqin, the global leader in alternative assets data, tools, and insights, today announced the launch of the Allocator Hub, a market-first, end-to-end platform that enables asset allocation, manager selection, due diligence, and portfolio management through sophisticated investment analytics, workflow tools, and managed services. This innovative offering is designed to support investors by driving better investment outcomes and streamlining costly, time-consuming investment processes.

Jonathon Furer, Senior Vice President, Head of Limited Partners, at Preqin said, ‘We believe the alternatives markets are at an inflection point. Our research indicates the industry is on course to expand by almost 80 per cent and is set to exceed $30tn in assets under management by 2030 globally, up from $16.8tn at the end of 2023.* Yet, these markets have historically lacked standardized data, benchmarks, and analytics, combined with highly manual investment processes, resulting in high operating costs. Preqin is on a mission to modernize private markets through increased digitization and by enabling intelligent pre- and post-investment processes. The Allocator Hub brings together our clients’ data with Preqin’s market data and benchmarks through investment analytics and managed services.’

Private markets need better data and technology solutions to optimize scalability and investor outcomes

Preqin’s launch of the Allocator Hub comes at a time when institutional alternatives allocations are projected to steadily grow over the long term, with an expanding investor base across institutional and retail investors worldwide. However, there remains a wide ‘transparency gap,’ with private market data typified by the absence of standardized frameworks and having additional barriers to entry compared to public markets.

As a result, operating an effective private markets program requires a high degree of expertise, headcount, and a web of third-party consultants and vendors. For smaller investors, building a portfolio with diligence can be daunting and expensive. For those that are larger and more established, operating an investment program at scale, while controlling total cost of ownership and maximizing analytical rigor and investment returns, can be a concern.

The Allocator Hub addresses these challenges by putting actionable data and analytics in clients’ hands, while digitizing inefficient, often manual, investment processes. This solution from Preqin allows investment professionals to accelerate market mapping, conduct efficient and thorough investment due diligence, benchmark fund performance against the market, create custom indices for more precise asset allocation and risk management workflows, and more.

Available through the flagship platform, Preqin Pro, the Allocator Hub leverages the full breadth of Preqin’s market intelligence, surfacing the right data, at the right time, and in the right format to deliver actionable insights and optimal outcomes.

The Allocator Hub fits into Preqin’s ethos of empowering the global finance community. Every solution is created to make investing in alternative assets a seamless, data-driven process by providing comprehensive and actionable market data, research, and analytics.

For more information, contact Mimi Celeste Taylor at [email protected]

Notes to the editors

* According to Preqin’s Future of Alternatives 2029 report.

To learn more about Allocator Hub, click here for the brochure. To request a demo, click here.

About Preqin

Preqin, the Home of Alternatives™, empowers financial professionals who invest in or allocate to alternatives with essential data and insight to make confident decisions. It supports them throughout the entire investment lifecycle with critical information and leading analytics solutions. The company has pioneered rigorous methods of collecting private data for 20 years, enabling more than 200,000 professionals globally to streamline how they raise capital, source deals and investments, understand performance, and stay informed. For more information visit www.preqin.com.

GlobeNewswire Distribution ID 1001047825

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FIA PRESIDENT ADDRESSES UNITED NATIONS IN GENEVA CALLING FOR ACTION AROUND INLAND TRANSPORT AND MOBILITY

Geneva, Feb. 13, 2025 (GLOBE NEWSWIRE) — FIA PRESIDENT ADDRESSES UNITED NATIONS IN GENEVA CALLING FOR ACTION AROUND INLAND TRANSPORT AND MOBILITY

  • Mohammed Ben Sulayem, FIA President, addressed the UN Inland Transport Committee as an integral part of its 87th Session: Success and Challenges for Inland Transport in the Road to 2030
  • Ben Sulayem called on delegates and global leaders to continue their efforts and increase international cooperation efforts
  • The Session marked the mid-point of the ITC 2030 Strategy

Speaking at the Palais de Nations in Geneva, the Fédération Internationale de l’Automobile (FIA) President, Mohammed Ben Sulayem, addressed the United Nations Economic Commission for Europe (UNECE) Inland Transport Committee (ITC) during its 87th Session.

The Session, Success and Challenges for Inland Transport in the Road to 2030, marks the mid-point of the ITC 2030 Strategy and provides the opportunity to review the implementation of the Strategy to date, while discussing the ambitions, successes, and challenges on the path to achieving the strategic objectives.

The ITC Strategy until 2030 is focused around four pillars, whilst also stipulating road safety as a special priority:

  • Development of regional and global inland transport conventions
  • Support to new technologies and innovations
  • Support to regional, interregional, and global inland transport policy dialogues
  • Promotion of sustainable regional and interregional inland transport connectivity and mobility

Addressing the Ministerial Session, Ben Sulayem called for action, urging the delegates in attendance to continue their work in making cross-border travel smoother, customs clearance faster, and hazardous goods transport safer.

Calling on global leaders to bolster international cooperation efforts, he said: “We much accelerate implementation, strengthen enforcement, and deepen public-private partnerships. Connectivity must not be a privilege – it must be a right.”

Setting out the clear priorities, Ben Sulayem asked the Session to focus their attention on:

  1. Digitalisation of transport procedures: The full implementation of eTIR and eCPD to cut delays and lessen administrative burdens via innovative technological solutions
  2. Investment in sustainable infrastructure and fuels: With climate-related risks projected to reach $122 billion, transport corridors must align with decarbonisation goals
  3. Stronger public-private partnerships: Leveraging expertise from international organisations and industry leaders, uniting in shared knowledge and continuing the momentum created by the near 1,800 partnerships – many in transport – that are already in place in Europe with a worth of $336 billion

Concluding his address, the FIA President said: “I have dedicated decades to advancing sustainable and connected mobility, and I know what is possible when we turn agreements into actions – and action into lasting change. Now is the time to deliver.”

The ITC is the UN platform to help efficiently address global and regional needs in inland transport. Over the last 75 years, together with its subsidiary bodies, the ITC has provided an intergovernmental forum, where UNECE and United Nations Member States come together to forge tools for economic cooperation and negotiate and adopt international legal instruments on inland transport.

The UNECE is one of the five regional commissions under the jurisdiction of the United Nations Economic and Social Council and was established to promote economic cooperation and integration.

About Fédération Internationale de l’Automobile (FIA)

The Fédération Internationale de l’Automobile (FIA) is the governing body for world motorsport and the federation of the world’s leading motoring and mobility organisations.

Founded in 1904, with headquarters in Paris and Geneva, the FIA is a non-profit organisation. It brings together 245 motoring and motor sport club members from 149 countries across five continents. Its Member Clubs represent millions of motorists, mobility users and motor sport professionals and volunteers.

The FIA is a central player in upholding the principles of safety and freedom of mobility and defending mobility’s role as an enabler of sustainable development, with actions focused on three key levers.

  1. Advocating for the reduction of barriers preventing road users from making more sustainable and safe transport choices
  2. Raising awareness and providing data for consumers and policymakers to encourage environmentally responsible behaviour
  3. Accelerating energy efficiency and low-emission technologies

In motor sport, it administers the rules and regulations for all international four-wheel sport, including across all 7 FIA World Championships, to ensure fair, capably regulated and safe events are conducted in all corners of the globe. In the realm of Mobility, the FIA aims to ensure that safe, affordable and clean systems of transport are available to all.

Attachments

FIA
[email protected]

GlobeNewswire Distribution ID 9357928

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1401 Penn Project Receives Repayment

WASHINGTON, Feb. 13, 2025 (GLOBE NEWSWIRE) — EB5 Capital, a leading Regional Center operator in the EB-5 industry, announced today that it has received a partial $12.38 million repayment from the recapitalization of the 1401 Penn (JF20) project.

The remaining $4.62 million balance of the $17.0 million EB-5 investment will remain invested in the project alongside a new senior lender and preferred equity provider.

Completed in July 2020, JF20 is a mixed-use development featuring a seven-story, 167-unit apartment community and over 20,000 square feet of ground-floor retail in Washington, D.C.’s historic Capitol Hill neighborhood. On the ground floor of the property is The Roost, a 12,500 square foot food hall operated by Neighborhood Restaurant Group featuring 12 individual food and beverage concepts. The dynamic food hall has received critical acclaim and is quickly becoming a premier destination on Capitol Hill.

“The repayment of an EB-5 investment by a developer is an important moment in our business cycle,” said Brian Ostar, President of EB5 Capital. “We take great pride in the level of scrutiny potential deals go through. The return of funds reaffirms our investment due diligence process and highlights our team’s ability to identify viable EB-5 investment opportunities for our investors.”

This repayment marks the 18th EB5 Capital project where the company can begin returning funds to investors.

About EB5 Capital

EB5 Capital provides qualified foreign investors with opportunities to invest in job-creating commercial real estate projects under the United States Immigrant Investor Program (EB-5 Visa Program). Headquartered in Washington, DC, EB5 Capital’s distinguished track record and leadership in the industry has attracted investors from over 75 countries. As one of the oldest and most active Regional Center operators in the country, the firm has raised over $1.3 billion of foreign capital across approximately 45 EB-5 projects. 100% of our investors’ funds are protected by the Federal Deposit Insurance Corporation (FDIC) insurance prior to their deployment into our projects. Please visit www.eb5capital.com for more information.

Contact:
Katherine Willis
Director, Marketing & Communications
[email protected]

GlobeNewswire Distribution ID 9357652

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Boulder Imaging Powers First CDI2-Compliant Technology for Central Banks

LOUISVILLE, Colo., Feb. 12, 2025 (GLOBE NEWSWIRE) — Boulder Imaging, a leader in machine vision and artificial intelligence solutions, is proud to announce the world’s first Common Detector Interface 2 (CDI2)-compliant software. This pioneering software, combined with Authentix GemVision™ sensors and image processing and fitness algorithms, is designed to deliver unprecedented speed and accuracy in banknote authentication and quality assessment.

The Common Detector Interface 2 (CDI2) standard, developed by the U.S. Federal Reserve and the European Central Bank, represents a significant advancement for central banks globally. This high-tech solution standardizes banknote inspection, reduces currency waste, optimizes quality, and lowers environmental impact by increasing the lifespan of notes in circulation.

Not only does Boulder Imaging’s software comply with the CDI2 standard, but it also exceeds the requirements in many areas. The software assesses the quality of each banknote at a rate of 40 notes per second—or more than 140,000 notes per hour—with an accuracy rate exceeding 99.99%. This commitment to excellence is validated by the company’s Intergraf certification, which ensures compliance with the highest international standards for the banknote and security industry.

“Through Boulder Imaging’s leadership, CDI2 has transitioned from a technical specification to an operational reality, increasing yield and reducing costs for central banks,” said Don Mills, president and chief operating officer at Boulder Imaging. “We remain committed to delivering innovative tools that ensure speed, accuracy, and scalability for years to come.”

The industry-wide adoption of CDI2 is expected to revolutionize currency management, enabling central banks to select the most suitable detection technologies from multiple suppliers. As the banknote industry embraces this new standard, Boulder Imaging is well-positioned to provide flexible and customizable solutions, allowing central banks to optimize their banknote management processes and accommodate future security features and materials for next-generation banknotes.

Learn more at www.boulderimaging.com/banknote

About Boulder Imaging

Founded in 1995, Boulder Imaging develops and delivers innovative machine vision and artificial intelligence solutions that transform quality assurance. With unprecedented speed, accuracy, and scalability, its inspection systems solve the toughest challenges in industries including architectural products, automotive, renewable energy, security paper, and banknotes. Headquartered in Colorado, USA, Boulder Imaging is committed to advancing machine vision technology to address complex inspection needs worldwide. For more information, visit www.boulderimaging.com.

About Authentix
As the authority in authentication solutions, Authentix brings enhanced visibility and traceability to today’s complex global supply chains. For over 25 years, Authentix has provided clients with physical and software-enabled solutions to detect, mitigate, and prevent counterfeiting and other illicit trading activity for currency, excise taxable goods, and branded consumer products. The CDI2 sensors are the fifth generation of high-speed sensors that Authentix has sold to central banks. Through a proven partnership model and sector expertise, clients experience custom solution design, rapid implementation, consumer engagement, and complete program management to ensure product safety, revenue protection, and consumer trust for the best-known global brands on the market. Headquartered in Addison, Texas USA, Authentix, Inc. has offices in North America, Europe, Middle East, Asia, and Africa serving clients worldwide. For more information, visit https://www.authentix.com. Authentix® is a registered trademark of Authentix, Inc.

CONTACT INFORMATION
Tawney Eisenbraun
Marketing and Communications Manager
[email protected]

GlobeNewswire Distribution ID 9356664

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Duck Creek Technologies s’associe à Worldpay en vue d’améliorer les solutions de paiement

Ce partenariat stratégique offre des capacités de paiement internationales et évolutives à destination des compagnies d’assurance

BOSTON, 11 févr. 2025 (GLOBE NEWSWIRE) — Duck Creek Technologies, le fournisseur mondial de solutions intelligentes qui dessine les futurs contours du secteur de l’assurance générale et IARD (incendies, accidents et risques divers) a annoncé ce jour un partenariat stratégique avec Worldpay®, leader mondial dans le secteur des technologies et solutions de paiement.

Les fonctionnalités de paiement internationales de Worldpay intégrées à Duck Creek Payments fournissent aux assureurs une plateforme transparente de gestion des paiements de bout en bout, spécialement adaptée au secteur de l’assurance. L’ajout des capacités de paiement de Worldpay renforce la capacité de Duck Creek à offrir ses services aux assureurs du monde entier grâce sa plateforme de paiement, tout en garantissant l’évolutivité et la pérennité grâce à des investissements continus dans les technologies.

« Choisir un partenaire adapté pour le traitement des paiements est essentiel afin d’offrir une expérience exceptionnelle à nos clients », a déclaré Allan Lacoste, directeur des paiements chez Duck Creek Technologies. « Worldpay est parfaitement aligné sur notre mission consistant à fournir aux compagnies d’assurance des solutions de paiement sécurisées, efficaces et flexibles. Grâce à ce partenariat, Duck Creek Payments se renforce encore davantage, et élimine la nécessité d’intégrations coûteuses et sur mesure tout en intégrant directement à la technologie de base de Duck Creek des capacités de traitement des paiements avancées. »

Ce partenariat reflète également l’engagement de Duck Creek pour agrandir sa Marketplace, grâce à laquelle des partenariats stratégiques en matière de paiement offrent aux assureurs un accès à une suite complète de solutions de paiement innovantes adaptées à leurs besoins individuels. La technologie de Worldpay est un élément essentiel de la solution Duck Creek Payments, et il convient de souligner son rôle au sein de l’écosystème de l’entreprise.

« En unissant nos forces avec Duck Creek, nous réalisons notre objectif commun de moderniser les solutions de paiement dans le secteur de l’assurance », a déclaré Jason Pavona, directeur général pour la région Amérique du Nord chez Worldpay. « L’intégration de nos technologies de paiement avancées à Duck Creek Payments donne aux assureurs les outils nécessaires pour réduire la complexité, offrir un meilleur parcours client et se frayer un chemin sur un marché de plus en plus dynamique. »

Duck Creek Payments offre une valeur inégalée, en garantissant aux assureurs une expérience de paiement fluide et adaptée aux développements futurs qui s’intègre sans effort aux systèmes de base existants. De plus, les assureurs peuvent traiter des paiements plus faciles et plus rentables et offrir aux clients une plus grande flexibilité de paiement, notamment grâce aux options Achetez maintenant, payez plus tard (Buy Now, Pay Later, BNPL).

À propos de Worldpay
Worldpay est une entreprise leader dans le domaine des technologies et solutions de paiement, dont les capacités uniques permettent de propulser l’omnicommerce à travers le monde. Nos solutions de traitement permettent aux entreprises de toutes tailles d’accepter, d’effectuer et de gérer des paiements en personne et en ligne, partout dans le monde. Chaque année, nous traitons plus de 50 milliards de transactions dans 146 pays et 135 devises. Nous aidons nos clients à améliorer leur efficacité, leur sécurité, et leurs performances. Pour en savoir plus, consultez le site worldpay.com ou suivez-nous sur LinkedIn, Instagram, X, et/ou Facebook.

À propos de Duck Creek Technologies
Duck Creek Technologies est le fournisseur mondial de solutions intelligentes qui trace les futurs contours du secteur de l’assurance générale et IARD (incendies, accidents et risques divers). Les systèmes d’assurance modernes reposent sur nos solutions et exploitent le potentiel du cloud pour mener des opérations flexibles, intelligentes et évolutives. Authenticité, détermination et transparence, voilà les maîtres-mots de la philosophie de Duck Creek. Pour nous, l’assurance est au service des particuliers et des entreprises, au moment, à l’endroit et de la manière dont ils en ont le plus besoin. Nos solutions, leaders du marché, sont commercialisées à l’unité ou sous forme de suite packagée, et sont toutes disponibles sur la page : Duck Creek OnDemand. Pour en savoir plus, consultez le site www.duckcreek.com. Suivez-nous sur les réseaux pour consulter nos actualités : LinkedIn et X.

Contact médias :

Duck Creek :
Marianne Dempsey/Tara Stred
[email protected]

Worldpay :
Siobhan Acha Derrington
Directrice des relations publiques
[email protected]

GlobeNewswire Distribution ID 9356547