Archive for the ‘BVI Holding Companies’ Category

Luxoft will showcase new financial services solutions

Wednesday, June 7th, 2017

Luxoft Holding, Inc will demonstrate its Pega integration capabilities at PegaWorld 2017, Pegasystems’ annual global conference bringing together business and technical visionaries from the world’s leading companies, focused on automotive and financial services.

The BVI holding company plans to demonstrate Pega® Robotic Process Automation (RPA) with Pega® KYC, which integrates data sources from a provider for financial institutions, to onboard new customers taking into account global regulatory requirements such as Anti-Money Laundering. Financial institutions can further automate many of the high-volume, low-complexity repetitive manual tasks that require considerable time and money.

The Head of Client Lifecycle Management & KYC, Pegasystems said in his comments: “Financial institutions face increased regulatory scrutiny in their global AML programs and expanding regulations across jurisdictions, while at the same time find themselves under pressure to stay competitive, cut costs, and increase efficiency and transparency… Pega KYC is the only application in the market unified with robotics automation capabilities, which allows banks to rapidly meet remediation and regulatory requirements while driving faster onboarding and mitigating risk.”

Luxoft Holding announced participation in investor conferences

Thursday, April 27th, 2017

In the end of April, Luxoft Holding, Inc announced participation in a number of investor conferences during the month of May. On May 23, 2017, BVI company’s President and Chief Executive Officer, Chief Financial Officer, and Vice President and Investor Relations Officer will be presenting and conducting one-on-one meetings at the 45th Annual J.P. Morgan Global Technology, Media and Telecom Conference.

On May 31, 2017, Senior Vice President of Sales, North America, will participate in the Digital IT Services: Evolving User Experience & Underlying Technologies Panel at the Cowen and Company 45th Annual Technology, Media & Telecom Conference. On June 1, the company will conduct one-on-one meetings with senior management.

Chaarat Gold issues convertible loan notes to raise US$15mln

Friday, April 14th, 2017

BVI-incorporated mining company Chaarat Gold Holdings Ltd has raised US$15 million through issue of short term senior secured loan notes which are convertible at a price of 30p per share and redeemable in September 2018. The amount of notes available to directors of the British Virgin Islands company was limited to 5%. Labro, the company of Chaarat’s chairman Martin Anderson, already owning 34.1% of the shares, will subscribe for US$375,000 of the notes. Martin Wiwen-Nilsson, who is grouped with Labro, has also applied for US$375,000 worth of notes.

The additional funding will be used for the first phase of development of company’s project in the Kyrgyz Republic: to increase the reserve base of the project, to construct a new section of the access road, and to start engineering design and recruit construction and operating teams.

Luxoft Holding announces partnership with ArrivalGuides

Wednesday, March 8th, 2017

Luxoft Holding, Inc. has become partners with ArrivalGuides, the world leader in supplying destination content to the travel industry, to make ArrivalGuides content available to BVI company’s clients. The head of the travel practice at Luxoft said that ArrivalGuides destination content will help provide higher value and solutions for travel industry clients. Luxoft has a unique position to help its clients to be in pace with the dynamic travel industry and leverage the latest technologies to maximize business outcomes.

The director of Strategic Partnerships and ArrivalGuides said in his comments: “Use of destination content in the travel industry is becoming more and more technologically advanced, making it harder for travel operators to get the best value without integration of the content in the current flow. Our partnership with Luxoft will give travel operators better options to drive their business in all phases of the traveler’s journey.”

ArrivalGuides is the global leader in distributing destination content having over 300 distribution partners; company’s distribution network consists of major brands that are using ArrivalGuides destination content to drive their travel business across all platforms and digital communications. Head office of the company is in Gothenburg, Sweden.