Archive for the ‘BVI Holding Companies’ Category

BVI holding company recognized as world leading IT service provider

Thursday, September 14th, 2017

Luxoft Holding, Inc., BVI-registered company working in the sphere of software development services and innovative IT solutions, announced that it has been recognized as the world’s leading IT service provider on the “Global Outsourcing 100” list of the International Association
Of Outsourcing Professional’s (IAOP).

This is the sixth year running when Luxoft is among the world’s best outsourcing companies, in the rating based on applications which are then evaluated by an independent judging panel organized by the IAOP. Luxoft was specifically marked for its size and growth, customer references, awards, and innovative programmes.

Global marketing vice president of Luxoft commented on the award, saying: “We are thrilled to have been recognized as a world leading IT outsourcer for the sixth consecutive year by the IAOP. As one of only a number of providers to be distinguished in four categories, we believe that this achievement reaffirms our status as a truly innovative IT service provider.”

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.