Day: November 3, 2021

Finance leader brings more than 20 years of public company experience to Synchronoss

BRIDGEWATER, N.J., Nov. 02, 2021 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (NASDAQ: SNCR), a global leader and innovator of cloud, messaging and digital products and platforms, today announced that Taylor C. Greenwald is appointed Executive Vice President and Chief Financial Officer, effective immediately. In his new role at Synchronoss, Greenwald will oversee global financial operations for the company, including accounting, treasury, business planning and analysis, corporate development, and investor relations.

Greenwald brings to Synchronoss extensive experience managing all financial functions of large global public organizations. He most recently served as Senior Vice President Finance and Chief Financial Officer, Web Presence for Endurance International Group, an IT services company. Prior to that, he spent 18 years with Convergys Corporation where he held several senior leadership roles, including Senior Vice President Finance, Controller and Chief Accounting Officer.

“I am pleased to welcome Taylor to our senior leadership team,” said Jeff Miller, President and CEO of Synchronoss. “Taylor brings to the table significant experience driving revenue growth and profitability for large companies in the technology and business service industries. In addition, he offers deep corporate development knowledge, including acquisitions and divestitures, proven proficiency with turnaround strategies, and a strong technical background. I’m confident his expertise and financial acumen will make an immediate impact as we continue to position Synchronoss for the future and ensure our customers across the globe have the resources they need to connect with subscribers in trusted and meaningful ways.”

Miller added that Lou Ferraro, who had been serving as Acting Chief Financial Officer for the last quarter, will remain with the company as Executive Vice President of Financial Operations and Chief Human Resources Officer, reporting to Taylor. “Lou did a fantastic job after being asked to take on the acting CFO role earlier this summer in addition to his other responsibilities. The board and I look forward to his ongoing leadership with us going forward,” Miller said.

Greenwald said he is excited to be joining the company. “The work that Synchronoss has accomplished in the past year to improve its business trajectory is impressive, and I’m honored to join the company at such an important time. I look forward to helping Synchronoss build momentum for revenue growth and deliver on its strategic goals for customers and its other stakeholders,” he said.

Greenwald earned his MBA from the Massachusetts Institute of Technology – Sloan School of Management, and his bachelor’s degree in engineering from Georgia Institute of Technology.

About Synchronoss
Synchronoss Technologies (NASDAQ: SNCR) builds software that empowers companies around the world to connect with their subscribers in trusted and meaningful ways. The company’s collection of products helps streamline networks, simplify onboarding and engage subscribers to unleash new revenue streams, reduce costs and increase speed to market. Hundreds of millions of subscribers trust Synchronoss products to stay in sync with the people, services and content they love. That’s why more than 1,500 talented Synchronoss employees worldwide strive each day to reimagine a world in sync. Learn more at www.synchronoss.com

Media Contacts

For Synchronoss:
Anais Merlin, CCgroup UK
Diane Rose, CCgroup US
E: synchronoss@ccgrouppr.com

Investor Contact
For Synchronoss: Todd Kehrli/Joo-Hun Kim, MKR Investor Relations, Inc., E: investor@synchronoss.com

DUBAI, United Arab Emirates, Nov. 02, 2021 (GLOBE NEWSWIRE) — Barrows, the provider of hotel investment and advisory services for hotels in the Middle East, is very positive for the global hotel industry and sees huge opportunities for investors and developers.

Last year, the company noticed lower sales due to restrictions imposed by travel restrictions and declining demand for global hotel bookings. The turnover decline in hotel room sales was a fact, but the differences with the advisory branch of the company were very large. Never has the company managed to achieve such significant growth.

Many Hotels across the globe had massive problems and hired Barrows as their regular advisory partner. Today, the development of new hotels and the sales of hotel rooms are stronger than ever before. Investors are massively signing up for new hotel projects and they really come from all over the world.

The company expects strong growth in the hotel industry for the last quarter of this year and for 2022. “The economies are slowly closing, and world trade is returning back strongly,” said Barrows Hotel Enterprises Chairman – Erwin Jager. The market has been recovering for a few months now and hotels are opening their doors to the public again, which is giving a huge boost to employment.

Barrows Hotel Enterprises internationally manages more than 10,000 hotel rooms in more than 10 countries. The company started in 2008 as a real estate investor in the residential market in Dubai. Since 2012, Barrows has changed its strategy and the company is fully focused on the fast-growing hotel industry in the Middle East and Africa.

For more information
media@barrowshotels.com

VICTORIA, Seychelles, 02 nov. 2021 (GLOBE NEWSWIRE) — OKEx a annoncé le lancement d’un nouveau mode de trading avancé pour les traders professionnels et institutionnels – la marge de portefeuille – dans le cadre de ses efforts pour construire la plateforme de trading la plus puissante au monde pour les traders de cryptomonnaies. Le nouveau mode de trading est disponible sur les versions Web et API de la plateforme pour les traders qui enregistrent des volumes de transactions élevés à partir d’aujourd’hui, le 1er novembre.

La marge de portefeuille sur OKEx est conçue pour les traders professionnels à volume élevé, y compris les teneurs de marché et les institutions qui cherchent à réduire considérablement leurs besoins en capital. Le mode offre aux traders, et en particulier aux teneurs de marché pour les contrats à terme et les options de cryptomonnaie, un calcul de marge considérablement réduit. OKEx considère notamment cette nouvelle fonctionnalité comme un moyen de résoudre le problème actuel de la fragmentation des liquidités sur les marchés des options de cryptomonnaies.

Un système de gestion des risques similaire à la marge de portefeuille (analyse de portefeuille normalisée des risques, ou SPAN) a été lancé pour les participants à la finance traditionnelle par CME Group, la plus grande bourse de produits dérivés au monde. Avec la sortie du nouveau mode de marge de portefeuille sur OKEx, la plateforme ouvre la voie dans l’industrie des cryptomonnaies en introduisant cet outil puissant d’amélioration de l’efficacité du capital et de la gestion des risques.

La version d’OKEx de ce mode de négoce se distingue de ses concurrents en autorisant la marge du portefeuille de plusieurs devises, ce qui signifie qu’un trader peut ouvrir des positions sur dérivés avec des exigences de marge considérablement réduites dans plusieurs devises en même temps.

Avec son nouveau mode de marge de portefeuille, ainsi que sa liquidité à la pointe du secteur, OKEx montre son engagement à fournir les outils les plus avancés et la meilleure expérience de trading possible à ses clients.

À propos d’OKEx

Fondée en 2017, OKEx est l’une des plus grandes plateformes d’échange de produits dérivés et de cryptomonnaies au comptant à l’échelle mondiale. OKEx a adopté de manière innovante la technologie blockchain pour remodeler l’écosystème financier et propose certains des produits les plus diversifiés et les plus élaborés, notamment notre écosystème DeFi récemment lancé et place de marché pour les NFT Marketplace.

Approuvé par plus de 20 millions d’utilisateurs dans plus de 180 régions à travers le monde, sa mission est de responsabiliser chaque individu grâce à la promotion et à l’avancement des cryptomonnaies à l’échelle mondiale.

Andrea Leung
andrea.leung@okex.com

VICTORIA, Seychelles, Nov. 02, 2021 (GLOBE NEWSWIRE) — A OKEx anunciou o lançamento de um novo modo de negociação avançado para traders profissionais e institucionais — margem do portfólio — como parte da sua iniciativa de criação de uma plataforma de negociação mais potente do mundo para traders de criptomoedas. O novo modo de negociação está disponível nas versões web e API da plataforma para traders de alto volume a partir de hoje, 1º de novembro.

A margem de portfólio da OKEx foi criada para traders profissionais de alto volume, incluindo formadores de mercado e instituições, que buscam reduzir substancialmente seus requisitos de capital. O modo oferece aos traders — e especialmente aos criadores de mercado de futuros e opções de criptomoedas — um cálculo de margem significativamente reduzido. Em particular, esse novo recurso é uma nova forma da OKEx resolver o problema da liquidez fragmentada atual nos mercados de opções de criptomoeda.

Um sistema de gerenciamento de risco semelhante à margem de carteira — análise padronizada de risco de carteira, ou SPAN — foi lançado pela primeira vez para os participantes dos mercados financeiros tradicionais pela maior bolsa de derivativos do mundo, o CME Group. Com o lançamento do novo modo de margem de portfólio na OKEx, a plataforma passa a liderar o caminho no setor de criptomoedas, introduzindo essa ferramenta potente para aprimoramento da eficiência de capital e gerenciamento de riscos.

A versão da OKEx deste modo de negociação se destaca dos concorrentes, permitindo margens de portfólio de múltiplas moedas — o que significa que um trader pode abrir posições de derivativos com requisitos de margem significativamente menores em várias moedas ao mesmo tempo.

Com seu novo modo de margem de portfólio, juntamente com a liquidez líder do setor, a OKEx está mostrando seu compromisso de proporcionar as ferramentas mais avançadas e a melhor experiência de negociação possível para seus clientes.

Sobre a OKEx

Fundada em 2017, a OKEx é uma das principais bolsas de criptomoedas e derivativos do mundo. A OKEx adotou de forma inovadora a tecnologia blockchain para reformular o ecossistema financeiro e oferece alguns dos produtos mais diversificados e sofisticados do mercado, inclusive o nosso recém-lançado ecossistema DeFi e NFT Marketplace.

Com a confiança de mais de 20 milhões de usuários em mais de 180 regiões em todo o mundo, a empresa tem como missão capacitar cada indivíduo através da promoção e do avanço das criptomoedas em todo o mundo.

Andrea Leung
andrea.leung@okex.com