Tuesday, May 21, 2024

Finance

ZayZoon Founder is Driving Across the US to Help Accelerate Financial Health in the Workplace

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Virgo Group Welcomes Tech Veteran Peyman Parsi as Chief Technology Advisor

Seasoned executive brings more than 30 years of financial services experience across innovation, technology, and engineering with him to elevate Virgo Group's future platforms and products

Virgo Group Welcomes Tech Veteran Peyman Parsi as Chief Technology Advisor
Virgo Group & Tech Veteran Peyman Parsi

Virgo Group Welcomes Tech Veteran Peyman Parsi as Chief Technology Advisor

TORONTO - September 1, 2022 - (Newswire.com)

Virgo Group of Companies, the holding body of VirgoCX Inc., the FINTRAC-registered cryptocurrency trading platform founded in 2018 with a Restricted Dealer license from CSA, offers easy, safe and affordable access for all Canadians to buy or sell 60+ listed cryptocurrencies. Available both on desktop and mobile, it provides instant access for new and experienced traders to trade immediately after a detailed verification process upon registration. With the support from shareholders and partners, Virgo Group is now focused on accelerating its expansion plans to other international markets while actively strengthening its infrastructure for further growth. The group is committed to dedicate resources to offer the best services for its users and to remain competitive within the market by implementing innovations which optimize the user experience on the various platforms.

With that in mind, Virgo Group announced today that Peyman Parsi, the renowned technology and innovation leader and previous TMX Group's technology executive veteran, will be joining Virgo Group as a Chief Technology Advisor, effective Sept. 1, 2022. 

Virgo Group of Companies' CEO Adam Cai said, "With Peyman's extensive experience working for the world-leading stock exchange TSX, we look forward to his expertise and expert advice in guiding us to accelerate the growth with a stronger tech foundation and trading infrastructure."

Parsi brings to Virgo Group a sounding reputation from his 18+ years at TMX Group where he acted as Chief Technology Delivery Officer. He was instrumental in leading the capital markets technological and innovation development at Toronto Stock Exchange and Montreal Exchange. He was credited for leading TMX's innovation in low-latency and highly available trading technologies, emerging digital technologies development, software engineering, modern cloud solutions, enterprise data analytics, application architecture, large-scale project management, technology strategy, and mission-critical trading operations. 

Parsi is the CTO of Blanc Labs, one of the leaders in Financial Services Technology, and currently sitting on the Board of Directors for CIO Association of Canada, one of the top Canadian professional associations for IT executives.

About Virgo Group

Founded in 2021, Virgo Group of Companies is dedicated to provide commission-free crypto trading services globally. It covers multiple business lines, including retail fiat to crypto trading, crypto wealth management, NFT liquidity management, and more. With continuous innovation in mind, Virgo Group is prepared to become an integrated global digital asset service provider.

Media Contact:
Nora Anwar
Marketing Manager | VirgoCX Inc.
Tel: +1 647-217-7219
Email: [email protected]




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Original Source: Virgo Group Welcomes Tech Veteran Peyman Parsi as Chief Technology Advisor

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Empyrean Solutions® Announces the Release of Empyrean Budgeting & Planning™ for Financial Institutions

A solution that fully integrates with Empyrean's market-leading Asset-Liability Management solution and solves a major deficiency in the market by better aligning risk and performance management.

Empyrean Solutions® Announces the Release of Empyrean Budgeting & Planning™ for Financial Institutions
Empyrean Solutions

Empyrean Solutions logo

WOBURN, Mass. - August 30, 2022 - (Newswire.com)

Empyrean Solutions is pleased to announce the market release of its new, cloud-based Budgeting and Planning Solution, Empyrean Budgeting & Planning™, generally available to the financial services industry as of today. The solution, while offering the features and ease-of-use of a comprehensive multi-user planning system, fully integrates with Empyrean's industry-leading Asset/Liability software, Empyrean ALM®, ensuring banks and credit unions that their assumptions and results will be easily reconcilable across the two disciplines. "Easily sharing assumptions such as rate scenarios and prepayment rates from the treasury/risk team's Empyrean ALM® system helps our customers maintain consistency and accuracy across all finance and risk activities while allowing performance managers to concentrate on what they know best," says Kevin Studders, Principal, Product & Strategy, at Empyrean. 

"Over my 35-plus years in the industry, banks and credit unions have been asking for a solution that would make it easier for them to share information between the performance and risk management teams," says Ken Levey, Managing Director, at Empyrean Solutions. "What makes Empyrean's solution unique is that we have such a flexible platform, and that we were able to meet this need without sacrificing the needs of planning personnel to plan at any level of the organization." 

Empyrean Budgeting & Planning™ is designed with the end user in mind, offering an easily configured solution that offers a myriad of setup options based on the way that an institution plans, without the need for product customization. The system allows administrators to easily create strategic plans, rolling forecasts and budgets for virtually any timeframe desired. "We have spent just under two years developing this solution, and the feedback from the marketplace thus far has been remarkable as close to 20 customers will go live on it in 2022," says Chris Maclin, CEO of Empyrean. Chris went on to say that "this product distinguishes us from the rest of the software solutions currently available by offering our clients an intuitive front-end that doesn't sacrifice the accuracy needed to model and simulate complex financial balance sheets." 

About Empyrean Solutions 

Empyrean Solutions is a leading provider of asset/liability management, risk, compliance, and performance management solutions for banks and credit unions. Empyrean's software allows financial institutions of all sizes to take control of their balance sheet management, scenario planning, and risk/performance analysis in a single integrated software platform. The company offers a host of modules, including asset and liability management, liquidity stress testing, deposit analytics, budgeting, and profitability to provide a centralized view of an institution's financial strength for the broader office of the CFO and key business stakeholders. Led by industry veterans with extensive expertise in financial institution risk & performance management technology, Empyrean has grown rapidly, tripling revenue over the past three years while operating profitably, as leading banks and credit unions have increasingly adopted Empyrean software solutions. Empyrean has powered the balance sheet analysis of over $2 trillion of cumulative customer AUM since its founding in 2010. Through their deployed software and outsource solutions services division, FICast, Empyrean works with over 600 banks and credit unions, ranging from $50 million to $200+ billion in assets. 

For more information, please contact: 

[email protected] 

https://empyreansolutions.com




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Original Source: Empyrean Solutions® Announces the Release of Empyrean Budgeting & Planning™ for Financial Institutions

Amnesty.com Will Offer Up to $100,000* Upfront Guarantee to Clients Who Contract Its Amnesty Program Technology for Debt Collection

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Ulta Beauty CFO, Scott Settersten, Discusses the Company’s Growth Strategies and Omnichannel Successes

Read how Ulta deploys intelligent growth strategies, despite the pandemic, supply chain challenges, tremendous competition, and much more, in the Fall 2022 Issue of CFO Intelligence Magazine

Ulta Beauty CFO, Scott Settersten, Discusses the Company’s Growth Strategies and Omnichannel Successes
Ulta Beauty - CFO Intelligence Magazine Fall 2022 Issue

Ulta Beauty CFO, Scott Settersten, shares growth strategies in CFO Intelligence magazine Fall 2022 issue cover story

CALIFON, N.J. - August 25, 2022 - (Newswire.com)

Andrew Zezas, Host, Publisher & CEO, announced today that CFO Intelligence released the Fall 2022 issue of CFO Intelligence magazine, in which Scott Settersten, CFO of Ulta Beauty shares details about how the Company has grown its omnichannel businesses, despite challenges arising from the pandemic, supply chain, competition, and more. In this issue, CFOs from The Nature Conservancy, Yorktel, and Healthfirst share insights, along with commentary on divestitures from Christ Bartlett at Verizon corporate development, and the future of LIBOR from CFO, Mark Mishler.

"We're excited about the Fall issue of CFO Intelligence magazine," said Andrew Zezas. "Scott Settersten shared a great story about how Ulta Beauty consistently drives growth." On the role of CFO, Scott Settersten was quoted as saying it's all about "thinking like a general manager and being viewed as a partner and advisor for the business."  Zezas added: "Despite extreme challenges, the current business environment offers dynamic CFOs exciting opportunities to lead successful companies to sustainable growth. Accomplished CFOs like Scott and great companies like Ulta are doing just that."

About Ulta Beauty
Ulta Beauty, Inc. is the largest beauty retailer in the United States, selling both mass and prestige cosmetics, fragrances, skincare and hair care products, in addition to offering salon services. With over 25,000 products available at more than 1,250 stores and at ulta.com, the possibilities are beautiful. The Company's vision is "To be the most loved beauty destination of our guests and the most admired retailer by our Ulta Beauty associates, communities, partners and investors."

About CFO Intelligence
CFO Intelligence brings together CFOs from enterprise and middle market companies to forge business relationships, share insights, intelligence and experiences, enhance their careers, and drive growth at the companies they serve. CFO Intelligence publishes CFO Intelligence magazine, the CFO Business Sentiment Index, produces three podcasts: CFOs in Motion, CFO Career Accelerator, and Driving Opportunity: Your Company's Real Estate, and deploys the best of new and traditional media to promote finance executives as business and strategy thought-leaders. Andrew Zezas is Host, Publisher & CEO of CFO Intelligence and CFO Intelligence magazine.

Visit www.CFOintell.com to learn more. Subscribe to CFO Intelligence magazine at https://cfointell.com/publications. Press Contact: Andrew Zezas, CFO Intelligence: 732 868 0000 x111, [email protected]

Copyright CFO Intelligence 2022.  All rights reserved.




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Original Source: Ulta Beauty CFO, Scott Settersten, Discusses the Company's Growth Strategies and Omnichannel Successes

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