News Article | April 24, 2017
OrbisResearch.com is a leading market research reseller which offers research report on “2017 Market Research Report on Global Ground Penetrating Radar (GPR) Industry”.The report provides information on products, services, trends, top companies, verticals, countries globally.Texas, USA - April 24, 2017 /MarketersMedia/ — The Global Ground Penetrating Radar (GPR) Market Research Report 2017 is a professional and in-depth study on the current state of the Ground Penetrating Radar (GPR) market. Annual estimates and forecasts are provided for the period 2017 through 2022. Also, a six-year historic analysis is provided for these markets. The Ground Penetrating Radar (GPR) industry was 135.20 million USD in 2016 and is projected to reach USD 210.74 million USD by 2022, at a CAGR of 7.68% between 2016 and 2022. The report provides a basic overview of the Ground Penetrating Radar (GPR) industry including definition, classification, application and industry chain structure. Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Ground Penetrating Radar (GPR) industry development trends and marketing channels are analyzed. This report studies Ground Penetrating Radar (GPR) focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering GSSI MALA IDS GeoRadar GEOTECH SSI US Radar Utsi Electronics Chemring Group Radiodetection Japan Radio Co ChinaGPR Kedian Reed Market segment by regions, this report splits global into several key regions, with production, industry, revenue, market share and growth rate of Ground Penetrating Radar (GPR) in these regions, like USA Global Others Split by product types, with production, revenue, price, market share and growth rate of each type, can be divided into Handheld Ground Penetrating Radar Cart Based Ground Penetrating Radar Get a PDF Sample of Market Report at: http://www.orbisresearch.com/contacts/request-sample/246180 Split by applications, this report focuses on industry, market share and growth rate of Ground Penetrating Radar (GPR) in each application, can be divided into Transport and Road Inspection Municipal Inspection Disaster Inspection Archeology Others Finally, the feasibility of new investment projects is assessed, and overall research conclusions are offered. In a word, the report provides major statistics on the state of the Ground Penetrating Radar (GPR) industry and is a valuable source of guidance and direction for companies and individuals interested in the market. Checkout some Major Points from TOC: Chapter One: Ground Penetrating Radar (GPR) Market Overview 1 1.1 Product Overview and Scope of Ground Penetrating Radar (GPR) 1 1.2 Ground Penetrating Radar (GPR) Segment by Types 5 1.2.1 Global Production Market Share of Ground Penetrating Radar (GPR) by Types in 2016 5 1.2.2 Handheld Ground Penetrating Radar (GPR) 6 1.2.3 Cart Based Ground Penetrating Radar (GPR) 6 1.3 Ground Penetrating Radar (GPR) Segment by Applications 8 1.3.1 Ground Penetrating Radar (GPR) Consumption Market Share by Applications in 2016 8 1.3.2 Transport and Road Inspection 9 1.3.3 Municipal and Environmental Protection 9 1.3.4 Disaster Prevention and Migration 10 1.3.5 Archeology 10 1.4 Ground Penetrating Radar (GPR) Market by Regions 11 1.4.1 North America Status and Prospect (2012-2022F) 11 1.4.2 China Status and Prospect (2012-2022F) 12 1.4.3 Europe Status and Prospect (2012-2022F) 13 1.4.4 Japan Status and Prospect (2012-2022F) 14 1.4.5 Korea Status and Prospect (2012-2022F) 15 1.4.6 Taiwan Status and Prospect (2012-2022F) 16 1.4.7 India Status and Prospect (2012-2022F) 17 1.4.8 ROW Status and Prospect (2012-2022F) 18 1.5 Global Market Size of Ground Penetrating Radar (GPR) (2012-2022F) 19 Chapter Two: Global Ground Penetrating Radar (GPR) Market Competition by Manufacturers 21 2.1 Global Ground Penetrating Radar (GPR) Production and Share by Manufacturers (2016 and 2017E) 21 2.2 Global Ground Penetrating Radar (GPR) Revenue and Share by Manufacturers (2016 and 2017E) 23 2.3 Global Ground Penetrating Radar (GPR) Average Price by Manufacturers (2016 and 2017E) 26 2.4 Manufacturers Ground Penetrating Radar (GPR) Manufacturing Base Distribution, Sales Area, Product Types 28 2.5 Ground Penetrating Radar (GPR) Market Competitive Situation and Trends 29 2.5.1 Ground Penetrating Radar (GPR) Market Concentration Rate 29 2.5.2 Ground Penetrating Radar (GPR) Market Share of Top 3 and Top 5 Manufacturers 31 2.5.3 Mergers & Acquisitions, Expansion 32 Chapter Three: Global Ground Penetrating Radar (GPR) Production, Revenue (Value) by Regions (2012-2017E) 33 3.1 Global Ground Penetrating Radar (GPR) Production and Market Share by Regions (2012-2017E) 33 3.2 Global Ground Penetrating Radar (GPR) Revenue (Value) and Market Share by Regions (2012-2017E) 35 3.3 Global Ground Penetrating Radar (GPR) Production, Revenue, Price and Gross Margin (2012-2017E) 37 3.4 North America Ground Penetrating Radar (GPR) Production, Revenue, Price and Gross Margin (2012-2017E) 38 3.5 Europe Ground Penetrating Radar (GPR) Production, Revenue, Price and Gross Margin (2012-2017E) 38 3.6 China Ground Penetrating Radar (GPR) Production, Revenue, Price and Gross Margin (2012-2017E) 39 3.7 Japan Ground Penetrating Radar (GPR) Production, Revenue, Price and Gross Margin (2012-2017E) 39 3.8 Korea Ground Penetrating Radar (GPR) Production, Revenue, Price and Gross Margin (2012-2017E) 40 3.9 Taiwan Ground Penetrating Radar (GPR) Production, Revenue, Price and Gross Margin (2012-2017E) 40 3.10 India Ground Penetrating Radar (GPR) Production, Revenue, Price and Gross Margin (2012-2017E) 41 3.11 ROW Ground Penetrating Radar (GPR) Production, Revenue, Price and Gross Margin (2012-2017E) 41 About Us: Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customised reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialisation. This helps our clients to map their needs and we produce the perfect required market research study for our clients. Contact Info:Name: Hector CostelloEmail: email@example.comOrganization: Orbis ResearchAddress: 4144N Central Expressway, Suite 600, Dallas, Texas – 75204, U.S.APhone: +1 (214) 884-6817Source URL: http://marketersmedia.com/2017-global-ground-penetrating-radar-gpr-industry-by-size-share-segments-trends-development-estimates-and-forecasts/189457For more information, please visit http://www.orbisresearch.com/reports/index/2017-market-research-report-on-global-ground-penetrating-radar-gpr-industrySource: MarketersMediaRelease ID: 189457
News Article | April 27, 2017
— The global material handling equipment market is expected to reach USD 41.1 billion by 2025, according to a new report conducted by Grand View Research, Inc. The rise in manufacturing activities in the automotive, pharmaceutical, chemical, and food & beverage industries is projected to spur demand. The growing concerns for workplace safety are expected to remain a key driver. Browse the report: http://www.orbisresearch.com/reports/index/material-handling-equipment-market-analysis-by-product-storage-and-handling-equipment-automated-storage-and-retrieval-system-industrial-trucks-bulk-material-handling-equipment-by-region-and-segment-forecasts-2014-2025 The global material handling equipment market is anticipated to witness a high growth over the forecast period. This is accredited to the use of technologically advanced products, such as hydraulic components which are incorporated into this equipment. Furthermore, the integration of telematics solutions & tracking sensors into these products is expected to gain traction in the near future, thereby fueling the equipment sales. The rising espousal of automated storage and retrieval systems is expected to further catapult the equipment market growth over the next nine years. Further key findings from the report suggest: Automated storage & retrieval systems segment captured over 25% of the total revenue in 2015 and is projected to exhibit a significant growth at a CAGR of over 6.9% from 2016 to 2025. This growth is attributed to the surging espousal of automated equipment in warehouses and manufacturing centers. On account of the wide scope of applications, these products aid in moving, protecting, and storing goods in warehouses. The e-commerce segment is expected to gain prominence over the forecast period with an estimated CAGR exceeding 10.0%. Asia Pacific emerged as the fastest growing market and is expected to witness a healthy CAGR of over 7%, which is primarily due to the rising manufacturing activities in the developing countries of this region. The key purveyors in this industry comprise Daifuku,SSI Schaefer,BEUMER Group, Kion Group (Dematic), and Swisslog AG. Chapter One: Methodology and Scope Chapter Two: Executive Summary Chapter Three: Material Handling Equipment: Market Variables, Trends & Scope Chapter Four: Material Handling Equipment: Product Estimates & Trend Analysis Chapter Five: Material Handling Equipment: End-Use Estimates & Trend Analysis Chapter Six: Material Handling Equipment: Regional Estimates & Trend Analysis Chapter Seven: Competitive Landscape About Us: Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients. For more information, please visit http://www.orbisresearch.com/reports/index/material-handling-equipment-market-analysis-by-product-storage-and-handling-equipment-automated-storage-and-retrieval-system-industrial-trucks-bulk-material-handling-equipment-by-region-and-segment-forecasts-2014-2025
News Article | May 4, 2017
HOUSTON--(BUSINESS WIRE)--Stage Stores, Inc. (NYSE:SSI) today announced that it will release its fiscal 2017 first quarter financial results on Thursday, May 18, 2017. The release of the Company’s results will be followed by a conference call, which will be held at 8:30 a.m. Eastern Time on the same day. Interested parties may participate in the Company’s conference call by dialing 844-415-6993. Alternatively, interested parties may listen to a live webcast of the conference call through the Investor Relations section of Company's website (corporate.stage.com). A replay of the conference call will be available online until midnight on Friday, June 2, 2017. Stage Stores, Inc. is a leading retailer of trend-right, name-brand values for apparel, accessories, cosmetics, footwear and home goods. The Company operates in 42 states through approximately 800 BEALLS, GOODY'S, PALAIS ROYAL, PEEBLES and STAGE specialty department stores and approximately 50 GORDMANS off-price stores, as well as an e-commerce website at www.stage.com. For more information about Stage Stores, visit the Company’s website at corporate.stage.com.
News Article | May 8, 2017
Healthcare EDI market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading industry Players. The Players mentioned in our report Allscripts McKesson GE Siemens SSI ZirMed Passport Health With no less than 8 top vendors Optum Chapter 1 About the Healthcare EDI Industry 1.1 Industry Definition 1.1.1 Types of Healthcare EDI industry 1.2 Main Market Activities 1.3 Similar Industries 1.4 Industry at a Glance Chapter 2 World Market Competition Landscape 2.1 Healthcare EDI Markets by Regions 2.1.1 USA Market Revenue (M USD) by Types, Through 2021 Market Revenue (M USD) by Applications, Through 2021 Major Players Revenue (M USD) in 2015 2.1.2 Europe Market Revenue (M USD) by Types, Through 2021 Market Revenue (M USD) by Applications, Through 2021 Major Players Revenue (M USD) in 2015 2.1.3 China Market Revenue (M USD) by Types, Through 2021 Market Revenue (M USD) by Applications, Through 2021 Major Players Revenue (M USD) in 2015 2.1.4 India Market Revenue (M USD) by Types, Through 2021 Market Revenue (M USD) by Applications, Through 2021 Major Players Revenue (M USD) in 2015 2.1.5 Japan Market Revenue (M USD) by Types, Through 2021 Market Revenue (M USD) by Applications, Through 2021 Major Players Revenue (M USD) in 2015 2.1.6 South East Asia Market Revenue (M USD) by Types, Through 2021 Market Revenue (M USD) by Applications, Through 2021 Major Players Revenue (M USD) in 2015 2.2 World Healthcare EDI Market by Types 2.3 World Healthcare EDI Market by Applications 2.4 World Healthcare EDI Market Analysis 2.4.1 World Healthcare EDI Market Revenue and Growth Rate 2011-2016 2.4.2 World Healthcare EDI Market Consumption and Growth rate 2011-2016 2.4.3 World Healthcare EDI Market Price Analysis 2011-2016 Chapter 3 World Healthcare EDI Market share 3.1 Major Production Market share by Players 3.2 Major Revenue (M USD) Market share by Players 3.3 Major Production Market share by Regions in 2015, Through 2021 3.4 Major Revenue (M USD) Market share By Regions in 2015, Through 2021 For more information, please visit http://www.wiseguyreports.com
News Article | May 3, 2017
NETSource Inc, a Solutions & Services Integrator (SSI) specializing in cyber security solutions is pleased to announce the release of its NETSecure Virtual Security Operations Center (vSOC), in partnership with Vertek. NETSource now offers its clients leading edge personnel, processes, and technologies by combining in-depth knowledge of enterprise business intelligence, process development, and managed security within a single service. This approach allows customers to leverage 24/7/365 security monitoring and intelligent alerting based on the ever-changing threat landscape. This focused service aggregates disparate security and event log sources from premises to cloud-based platforms, providing a single-pane-of-glass to aid in responding to today’s ever-evolving cyber security landscape. Organizations will benefit by outsourcing their continuous network monitoring and cyber-threat detection; saving time and money when it matters most – in the face of a cyber-attack. NETSource vSOC works with clients’ IT departments to give them up-to-date cyber security threat alerts and remediation guidance, while actively monitoring their company assets for potential hacking attempts or active intrusions. At NETSource, we design with security in mind across the entire stack while planning for the complete lifecycle of all elements of the enterprise. We call this “Secure by Design.” “The implementation of a vSOC is an essential part of our cyber security strategy. By enabling our vSOC, we are now able to reduce our customers’ complexity and enhance visibility across their entire network while wrapping in 24/7 monitoring to address those most critical issues.” --Brian Lee CEO of NETSource “Our sole focus with the vSOC approach is to become that trusted advisor, and reduce the false event rate and alert fatigue plaguing customers today. This service will allow our customers to focus on their core business requirements and let NETSource be the eyes on glass.” -- John Ayers CISO of NETSource Established in 1996, NETSource has provided IT solutions and services to hundreds of organizations globally, from Fortune 500 companies to the largest federal agencies. Our methodology entails driving business outcomes by delivering secure end-to-end solutions. It starts through our thought leadership to enable organizations to understand the current market dynamics and challenges that they and their peers face today. We then apply an agnostic approach when developing a solution to solving these challenges and or needs. Our solutions are comprised of “Best In Class” IT Vendors, including emerging and disruptive technologies which we fully support and maintain. The Vermont-based solutions and security provider is a strategic AlienVault Managed Security Services Provider (MSSP) partner. With a proprietary Cloud Collector Platform, and custom development capabilities included in their approach, Vertek adds a layer of differentiation that most MSSPs competing in this space don’t offer. Vertek has offices in VT and NJ, and has been serving organizations nationwide since 1988.
News Article | May 4, 2017
LUXEMBOURG--(Marketwired - May 04, 2017) - Altisource Portfolio Solutions S.A. ("Altisource") ( : ASPS), a leading provider of real estate, mortgage and technology services, today announced the expansion of the Vendorly™ platform, an innovative vendor oversight platform for financial institutions. The platform launched last year exclusively for members of the Lenders One® Cooperative, a national alliance of independent mortgage bankers, and is now available to the broader mortgage and community bankers market outside of the Lenders One network. The Vendorly platform is designed to help streamline vendor due diligence, document maintenance, monitoring and audits. The scrutiny of vendor oversight practices continues to be a focus of regulators. It's important for mortgage and community bankers to have a multifaceted vendor oversight program. Through the Vendorly platform, and its vendor oversight offerings, Vendorly can help strengthen its customers' compliance management framework and increase their operational efficiencies. Vendorly offers managed vendor oversight services, including due diligence, document management, annual assessments, information security assessments, financial condition reviews and on-site audits. Vendorly is announcing collaboration with Secure Insight, an innovator in the mortgage industry in providing settlement agent risk evaluation, rating, monitoring and database reporting on fully vetted mortgage closing professionals. Currently servicing close to 100 clients nationwide, Secure Insight will deliver real-time risk ratings and related settlement agent data to clients through the Vendorly platform. Together, Secure Insight and Vendorly intend to develop a platform that produces a transaction-based tool with risk data on each transaction prior to a closing (and just before the proceeds are wired). It is expected that this process will provide data in a more efficient, streamlined manner and give lenders greater comfort in the protection of their money, documents and consumer data at each closing. "Our relationship with Secure Insight allows us to leverage their deep expertise in settlement agent oversight and industry-leading database of over 50,000 vetted and rated agents, which has been a decade in the making," said Jim Vaca, vice president, Vendorly. "With Vendorly, we've developed an easy-to-use platform for delivering stronger vendor management across all vendor types. Since our initial launch, we've provided our Vendorly solution to more than 50 customers, whose direct feedback helped shape the technology we are offering today. Leveraging Altisource's technology and industry expertise has enabled us to help bring efficiency to our clients' vendor management processes." "We have always recognized that lenders are seeking a complete solution for vendor management, one that encompasses the different areas of risk and the various vendors that make up the universe of third parties with whom lenders conduct business," said Andrew Liput, president and chief executive officer, Secure Insight. "We are excited to combine our specific expertise in settlement agent oversight with Vendorly's oversight services, uniting our efforts to develop an integrated solution that will deliver our risk data on a transaction basis for greater loan efficiency and operational security at the closing table." About Secure Insight powered by Secure Settlements, Inc. (SSI) Secure Insight is the first company to offer a standardized risk management process and information database of fully risk-assessed mortgage closing professionals that protects both consumers and lenders, reducing fraud and ensuring that federal regulatory requirements are met. SSI monitors thousands of title, settlement and real estate legal firms and professionals nationwide through proprietary technology and the mortgage industry's only National Settlement Agent Database. The database is accessed daily as a fraud prevention tool by state and federal banks, mortgage lenders and credit unions throughout the United States. For more information about Secure Insight please visit www.secureinsight.com. Vendorly is an innovative vendor oversight platform designed to help financial institutions manage their vendors and meet their evolving vendor oversight obligations. The Vendorly platform can help to streamline vendor due diligence, document maintenance, monitoring and audits. Vendorly is part of the Altisource Portfolio Solutions S.A. ( : ASPS) family of businesses. Additional information is available at vendorly.com. Altisource Portfolio Solutions S.A. ( : ASPS) is an integrated service provider and marketplace for the real estate and mortgage industries. Combining operational excellence with a suite of innovative services and technologies, Altisource helps solve the demands of the ever-changing market. Additional information is available at altisource.com.
News Article | May 8, 2017
Last Friday, Columbus, Ohio headquartered DSW Inc.'s stock jumped 3.60%, to close the day at $21.00. A total volume of 2.15 million shares was traded. The Company's shares have advanced 10.01% in the last month and 3.47% in the previous three months. The stock is trading 3.87% above its 50-day moving average. Additionally, shares of DSW, which together with its subsidiaries, operates as a branded footwear and accessories retailer in the US, have a Relative Strength Index (RSI) of 56.62. On April 27th, 2017, DSW Inc. announced the appointment of Michele Love as Executive Vice President and COO for Designer Shoe Warehouse, effective as of May 01st, 2017. Ms. Love will be responsible for bringing the Company's differentiated experience and value proposition to life by driving demand and providing seamless multi-point fulfillment. Additionally, the Company announced the recent appointment of James Weinberg as GMM of Women's Footwear, and Nancy Pastor as GMM of Accessories. The free research report on DSW is available at: Shares in Los Angeles, California headquartered Guess' Inc. climbed 1.98%, finishing Friday's session at $11.32. The stock recorded a trading volume of 706,201 shares. The Company's shares have gained 7.81% in the last month. The stock is trading below its 50-day moving average by 0.27%. Furthermore, shares of Guess', which designs, markets, distributes, and licenses lifestyle collections of apparel and accessories for men, women, and children, have an RSI of 50.22. The complimentary report on GES can be downloaded at: Houston, Texas-based Stage Stores Inc.'s stock finished 3.50% higher at $2.66 last Friday at the close. A total volume of 660,224 shares was traded. The Company's shares have advanced 3.10% in the past month and 8.42% in the previous three months. The stock is trading above its 50-day moving average by 9.10%. Additionally, shares of Stage Stores, which operates specialty department stores primarily in small and mid-sized towns and communities in the US, have an RSI of 50.91. On May 04th, 2017, Stage Stores announced that it will release its Q1 FY17 financial results on Thursday, May 18th, 2017, followed by a conference call that will be held at 8:30 a.m. ET on the same day. The live webcast of the conference call may be accessed under the Investor Relations section of Company's website. Visit us today and download our complete research report on SSI for free at: Plymouth, Minnesota headquartered Christopher & Banks Corp.'s shares ended the session flat at $1.21. The stock recorded a trading volume of 183,107 shares. The Company's shares are trading 8.28% below their 50-day moving average. Moreover, shares of Christopher & Banks, which through its subsidiaries, operates as a specialty retailer of private-brand women's apparel and accessories in the US, have an RSI of 35.84. 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News Article | May 8, 2017
SINGAPORE, LONDON and NEW YORK, May 8, 2017 /PRNewswire/ -- Recent banking research ("the Research") from Accuity, the global financial crime compliance, payments and KYC solutions provider, has revealed that between 2009 and 2016, correspondent banking relationships, where one financial institution provides services on behalf of another in a different location to facilitate cross-border payments, have reduced globally by 25%. This comes despite the fact that global GDP per capita grew during the same period, following the 2008 financial crisis. Commenting on the findings, Henry Balani, Global Head of Strategic Affairs at Accuity, said, "Correspondent banking represents the cornerstone of the global payment system designed to serve the settlement of financial transactions across country borders. Our Research highlights some important trends in de-risking and its impact on international trade and global banking. "The irony is that regulation designed to protect the global financial system is, in a sense, having an opposite effect and forcing whole regions outside the regulated financial system. This matters because allowing de-risking to continue unfettered is like living in a world where some airports don't have the same levels of security screening - before long, the consequences will be disastrous for everyone." Since the global financial crisis of 2008, regulators have imposed requirements for greater transparency, established higher liquidity thresholds for banks as well as stepping up enforcement actions on institutions that violate anti-money laundering (AML) regulations. In 2014, AML penalties peaked at $10 billion compounding the challenges banks face in high-risk geographies (Figure1). In this climate, the threat to banks of doing business in these geographies potentially outweighs the benefits of services to their clients, even if there may be good business opportunities to pursue. The challenges of increased operational costs, competitive and regulatory pressures have driven banks to withdraw from correspondent banking relationships. Historically, these relationships were provided as services to international customers, but this is no longer viable, as banks cannot justify the increased compliance cost associated with offering correspondent banking services to their local customers. As a result, businesses in the regions most affected are struggling to access the global financial systems to finance their operations. Without this access, local banks are forced to use non-regulated, higher cost sources of finance and expose themselves to nefarious actors and shadow banking. Henry Balani added: "A number of factors have contributed to derisking, the most important being that the risk / reward balance has become unfavourable for large clearing banks and in response they have taken a country / region risk view in deciding who they can do business with. If we want to reverse this trend and begin to 're-risk', then the 'antidote' will require more granular level due diligence and proper risk assessments to provide large clearers with the confidence that they can deal with low risk businesses in high risk jurisdictions." Decline in USD relationships is either indicative of a concentration in relationships or a reduction in USD dominance Findings from this research reflect the number of correspondent banking relationships transacting in particular currencies rather than the volume of currency transactions. Research shows a steady decline in the number of USD correspondent banking relationships globally since 2014. The USD was the currency of choice as the global economy recovered from the global financial crisis in 2008. While USD continues to be the currency of choice, the rate of decline in the number of USD relationships further accelerated with a drop of 13% between 2015 and 2016 from a decline of 2% between 2014 and 2015. While the 25% drop in global correspondent relationships is greater than the USD correspondents decline, the trend for USD is particularly significant when compared to the contrarian increase in the number of Chinese RMB correspondent banking relationships. Since 2014, research shows an 8% increase and since 2012, the number of the RMB relationships showed a dramatic increase from 3,600 to 8,800 relationships in 2016 (albeit from a low base). The research further reveals a peak in the number of RMB correspondent banking relationships in 2015 as the USD continued to decline. There are two explanations for this decline in USD relationships when compared to the RMB. Either there is a concentration in USD relationships, with more transactions settled through fewer relationships, or there is a decline in the dominance of USD. Global bank locations in developing economies have also increased by 31% since 2014, largely due to growth in China and APAC. This is significant as the number of banks in established global financial centers are in decline. China prevails as region with highest growth in correspondent banking relationships Actions from US and European regulators have resulted in banks shunning higher risk economies while missing out on the potentially profitable use of their currencies for correspondent banking, in the process. Our Research reveals that the areas benefiting from the changes are largely in the East. For instance, China has experienced a 133% increase in the number of banks since 2009 and an astounding 3,355% growth in correspondent banking relationships during the same period. Balani added, "The decline in USD relationships has several explanations: either we are seeing a concentration in USD relationships among fewer correspondent banks, or we are seeing a decline in USD dominance. The shift can also be attributed to the potential AML penalties associated with using these currencies. Since the financial crash of 2008, we have also seen significant commitment from financial institutions in emerging economies to demonstrate they are not high risk. We see this playing out in the East and the increased number of relationships reflects their commitment." Balani concluded, "As we see more regulation come into place, global banks can support growth in local businesses by investing in technology that can securely and quickly determine the risk of a transaction in a high risk geography." For more information, please contact: Accuity offers a suite of innovative solutions for payments and compliance professionals, from comprehensive data and software that manage risk and compliance, to flexible tools that optimize payments pathways. With deep expertise and industry-leading data-enabled solutions from the Fircosoft, Bankers Almanac and NRS brands, our portfolio delivers protection for individual and organizational reputations. Part of RELX Group, a world-leading provider of information and analytics for professional and business customers across industries, Accuity has been delivering solutions to banks and businesses worldwide for 180 years. Accuity compiled its research using data collected from its payments solution, Bankers Almanac for Payments. The research focused on eight years of data from 2009 to 2016, and reviewed the creation of new banks vs. the demise in correspondent banking relationships. The data is compiled from an average of 29,000 banks in 238 countries or regions across the world. The research is based on standard settlement instruction (SSI) data that Accuity collects for its Bankers Almanac for Payments solutions. Accuity proactively collects this information based on its relationships with banks around the world. While Accuity makes every effort to keep up to date with the constantly changing correspondent banking landscape, its data is limited to the SSIs that each bank chooses to publish with us. For more information about the Research, please contact Heather Smith at +44 207 653 3832, Heather.Smith@accuity.com. Charts and appendices and with research highlights Charts are available from the contacts above that show the research by the following regions: Global, US, EU, China, Africa. Source: US Department of Treasury, Office of Foreign Assets Control Appendices with more detail on selected regions: Established Western financial institutions are reducing their correspondent banking relationships as they shun high-risk countries or regions, with loss of bank services revenue as a result. In addition, initiatives by U.S. and European regulators that have had unintended de-risking consequences may be driving the drop in the number of USD and Euro relationships. This could indicate either a concentration in relationships or declining dominance of these currencies for international trade and correspondent banking leveraging the USD and Euro. Despite banks in developed countries having a reputation for fairness and trust, they are not picking up additional business because of their reluctance to pursue business in high-risk geographies. This is related to higher operational costs, competitive and regulatory pressures. In addition, they are losing business and banking opportunities as big banks are being replaced by local, smaller banks across the world, while larger bank growth is stagnating. Accuity analyzed the U.S., the UK and the European Union's performance and have generally found that between 2009 and 2016, the number of bank head offices declined from 23,240 to 17,631, a decline of 24%. More significantly, the number of times banks were used as correspondents declined 30% in the same period. Specifically, for each country and the EU region, we find the following: The US market has experienced growth rates higher than other advanced economies, yet despite this, there has been a drop in correspondent banking relationships. The UK has seen considerable bank consolidation over the past 10 years, which may have made the idea of correspondent banking seem daunting and burdensome. The EU saw a significant drop in correspondent banking relationships between 2011 (126,502) and 2012 (91,262) due primarily to the completion of the Single European Payments Area (SEPA) where payments between EU countries were no longer considered cross border. Some unexpected countries have benefited from an uplift in banking relationships, allowing them to support local businesses and in turn grow. However, these countries have been rapidly expanding from a lower economic base since 2008, overriding the potential de-risking that may be occurring. Since 2009, GDP per capita has been positive with growth rates at 10.1% in 2010. Despite a decline in the growth rate to 6.8% in 2016, the number of banks have also increased (421 to 983) with branch locations increasing significantly from 57,937 to 95,801. Bangladesh has shown steady per capita GDP growth at 5.28% in 2015. The number of times Bangladeshi banks were used as correspondents increased from 64 to 137 in the same period reflecting a 114% increase. While the total number of banks remained flat at 27 between 2009 and 2016, the number of branch locations increased significantly (31 to 122) during the same period. However, the number of times banks were used as correspondents also increased significantly. While there was only one correspondent banking relationship up to 2012, by 2016 there were 12 correspondent banks.
News Article | May 4, 2017
Attendees to see the powerful 60-second non-invasive liver exam performed using SuperSonic Imagine's Aixplorer with ShearWave Elastography™ technology AIX-EN-PROVENCE, FRANCE--(Marketwired - May 4, 2017) - SuperSonic Imagine ( : SSI) (FR0010526814), a company specializing in ultrasound medical imaging, announced today that it will showcase its Aixplorer® platform with real-time ShearWave™ Elastography (SWE™) for the assessment and management of liver diseases at Digestive Disease Week (DDW) Annual Meeting 2017, held May 6 - 9 at McCormick Place in Chicago. Accompanying SuperSonic Imagine will be Diversatek Healthcare, the exclusive distributor of Aixplorer® to Gastroenterologists and Hepatologists in the U.S.A. SuperSonic Imagine and Diversatek Healthcare will be exhibiting during DDW 2017 in the Exhibit Hall at booth #1921. "At SuperSonic Imagine, innovation in liver imaging is a driving passion, so we are thrilled to attend DDW once again and share the clinical benefits of the Aixplorer's SWE technology with specialists from around the world," said Jacques Souquet, Founder and Chief Innovation Officer at SuperSonic Imagine. "With our distribution partner, we are committed to expanding our footprint in the U.S.A., Diversatek Healthcare shares our goal of managing chronic Liver Disease with non invasive diagnostic liver imaging and quantification to assist in diagnosis. At our booth, attendees can see firsthand how SWE technology promises to do just that." "Our mission is to bring our customers in Gastroenterology and Hepatology the latest technologies to improve patient care," said Stuart Wildhorn, Chief Scientific Officer, Diversatek Healthcare. "The Aixplorer platform with SWE technology truly changes the landscape of liver disease management, making it an excellent fit for our customers and our company. Being able to visualize what you are measuring adds to better patient management." Real-time ShearWave Elastography (SWE), available only on the Aixplorer system, is a 60-second non-invasive exam used for imaging chronic liver disease. SWE offers the advantage of real-time imaging of liver anatomy, while also providing not only a color-coded map of liver stiffness, but also a quantification tool for the measurement of stiffness which is an important parameter for liver diagnostic. Over 100 peer reviewed publications have demonstrated the reliability and effectiveness of SuperSonic Imagine's SWE in imaging liver pathologies. Recently, the results of an international multicenter study on 1134 patients were published in Hepatology, and confirmed the benefit of SWE in the non-invasive assessment of liver stiffness1, including for patients with diseases such as hepatitis C that may require repeated follow-up evaluations. Although biopsy has been considered the standard for assessing liver fibrosis severity, the drawbacks of this invasive approach include significant incidence of morbidity, high procedure costs due to longer hospitalisation, and clinical shortcomings. Stiffness is even sometimes underestimated in 10-30% of cases.2,3 1 Herrmann E. 2D-Shear Wave Elastography Is Equivalent or Superior to Transient Elastography for Liver Fibrosis Assessment: Results from an Individual Patient Data Based Meta-analysis. The International Liver Congress, Vienna, April 23, 2015. 2 Sampling error and intraobserver variation in liver biopsy in patients with chronic HCV infection. Regev A, Berho, M, Jeffers LJ, Milikowski C, Molina EG, Pyrsopoulos NT, Feng ZZ, Reddy KR, Schiff ER. Am J Gastroenterol. 2002 Oct;97(10):2614-8. 3 Sources of variability in histological scoring of chronic viral hepatitis. Rousselet MC, Michalak S, Dupré F, Croué, A, Bedossa P, Saint-André JP, Calès P; Hepatitis Network 49. Hepatology. 2005 Feb;41(2):257-64. About Diversatek Healthcare Headquartered in Milwaukee, Wisconsin, Diversatek Healthcare is a wholly-owned subsidiary of Diversatek Inc. A leader in gastroenterological medical devices and diagnostics, Diversatek Healthcare's tenured management team is committed to making business personal again through a hands-on approach to understanding clinical and patient needs. Diversatek Healthcare is driving science in the GI space while providing comprehensive educational offerings through Diversatek University, including on-site training and virtual platforms. The company offers an extensive range of state-of-the-art diagnostic and therapeutic GI applications from esophageal dilators and endoscopic accessories to high-resolution impedance manometry systems and impedance/pH total reflux monitoring. Diversatek Inc. recently united two complementary subsidiaries, Sandhill Scientific and Medovations, to form one singular organization committed to technologies that simplify the complex medical marketplace. For additional information, visit www.diversatekhealthcare.com or contact us at 800-558-6408. Founded in 2005 and based in Aix-en-Provence (France), SuperSonic Imagine is a company specializing in medical imaging. The company designs, develops and markets a revolutionary ultrasound system, Aixplorer®, with an UltraFast™ platform that can acquire images 200 times faster than conventional ultrasound systems. In addition to providing exceptional image quality, this unique technology is the foundation of several innovations which have changed the paradigm of ultrasound imaging: ShearWave™ Elastography (SWE™), UltraFast™ Doppler, Angio PL.U.S - Planewave UltraSensitive™ Imaging and more recently TriVu. ShearWave Elastography allows physicians to visualize and analyze the stiffness of tissue in a real-time, reliable, reproducible and non-invasive manner. This criteria has become an important parameter in diagnosing potentially malignant tissue or other diseased tissue. As of today, over 300 peer-reviewed publications have demonstrated the value of SWE for the clinical management of patients with a wide range of diseases. SuperSonic Imagine has been granted regulatory clearances for the commercialization of Aixplorer in key global markets. SuperSonic Imagine is a listed company since April 2014 on the Euronext, symbol SSI. For more information about SuperSonic Imagine, please go to www.supersonicimagine.com.
News Article | April 26, 2017
HATTIESBURG, Miss.--(BUSINESS WIRE)--Forrest General Hospital today unveiled LightStrike™ Germ-Zapping Robots™ that are being used to destroy potentially lethal germs and bacteria that can pose a risk to patient and employee safety. Forrest General is the first hospital in south Mississippi to tap into a technology that uses pulsed xenon ultraviolet (UV) light to quickly destroy bacteria, viruses, mold, and other pathogens. “ We want to do everything within our means to provide a clean environment at our facilities to reduce the risk of infections. In addition to our regular cleaning and disinfecting schedules, we will be using this new technology to provide an additional measure of protection. That’s why new technology like the LightStrike disinfecting robot is so important,” said Melissa Mazer, MLS (ASCP)CM , infection preventionist. “ This investment underscores our commitment to patient care and the communities we serve.” The four Xenex robots use Full Spectrum™ pulsed xenon UV light to quickly destroy bacteria, viruses, fungi, and bacterial spores. The portable disinfection system is effective against even the most dangerous pathogens, including Clostridium difficile (C.diff), norovirus, influenza, Ebola, and methicillin-resistant Staphylococcus aureus, better known as MRSA. The portable Xenex system disinfects hospital rooms in five minute cycles without warm-up or cool-down times. Operated by the hospital cleaning staff, it can be used in any department and in any unit within a healthcare facility, including isolation rooms, operating rooms, general patient care rooms, contact precaution areas, emergency rooms, bathrooms and public spaces. UV has been used for disinfection for decades. The Xenex LightStrike Germ-Zapping Robot is a new technology that utilizes pulsed xenon (not mercury bulbs) to create germicidal UV light. Pulsed xenon emits high intensity UVC light which penetrates the cell walls of microorganisms, including bacteria, viruses, mold, fungus and spores. Their DNA is fused, rendering them unable to reproduce or mutate, effectively killing them on surfaces without contact or chemicals. In fact, according to published peer reviewed outcome studies, hospitals have seen a 53% reduction rate in C.diff and a 57% reduction in MRSA infection rates. Another hospital reported a 100% elimination in Vancomycin-resistant Enterococcus (VRE) in isolation rooms after using the Xenex robot for room disinfection, and other facilities have experienced significant reductions in their Surgical Site Infection (SSI) rates. In a news conference today, Forrest General also announced the kick-off to a robot naming contest. The contest is open to the public. Contest details and submission forms are available at forrestgeneral.com/nametherobots. The robots’ names will be announced on Wednesday, May 24. Xenex's patented Full SpectrumTM pulsed xenon UV room disinfection system is used for the advanced disinfection of healthcare facilities. Due to its speed and ease of use, the Xenex system has proven to integrate smoothly into hospital cleaning operations. Xenex’s mission is to save lives and reduce suffering by destroying the deadly microorganisms that cause hospital acquired infections (HAIs). The company is backed by well-known investors that include Essex Woodlands, Piper Jaffray Merchant Services, Malin Corporation, Battery Ventures, Tectonic Ventures, Targeted Technology Fund II and RK Ventures. For more information, visit Xenex.com.