AHAM CAPITAL, LEADING ASSET MANAGER IN MALAYSIA, SELECTS TEMENOS MULTIFONDS SAAS TO MODERNIZE ITS FUND ACCOUNTING PLATFORM

AHAM Capital is replacing legacy, on-premises systems with Temenos Multifonds Global Accounting on SaaS to drive scalable automation and future growth in the Malaysian market

GRAND-LANCY, Switzerland, Dec 18 (Bernama-GLOBE NEWSWIRE) -- Temenos (SIX: TEMN) today announced that AHAM Capital has selected Temenos Multifonds Global Accounting delivered as SaaS to drive scalable automation and future growth in the Malaysian market.

Founded in 2001 and majority owned by CVC Capital Partners, AHAM Capital has grown to become one of Malaysia's leading asset management firms. The firm serves the wealth needs of corporates, institutions, pension funds, government-linked companies, high net worth individuals and the mass affluent, with over RM88 billion in Assets Under Administration and more than 160 funds.

Temenos Multifonds was selected after a rigorous evaluation process and detailed proof of concept, recognizing Multifonds as the best solution to support AHAM’s growth over the long-term. Using Multifonds, AHAM will be able to automate its end-to-end operations with a multi-asset and multi-currency solution. Temenos Multifonds can support AHAM’s traditional business while at the same time supporting Islamic funds in accordance with Shariah standards, via Multifonds’ flexibility in chart of account, posting rules and naming conventions.

The Multifonds SaaS solution will allow AHAM to benefit from the flexibility offered by a cloud-based deployment and full management of the application, removing the need to maintain software in-house. AHAM will also be able to connect to surrounding applications in the future with standard Multifonds APIs. 

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HONG KONG-TAIPEI IS 2024 WORLD'S BUSIEST INTERNATIONAL AIRLINE ROUTE, SAYS OAG

KUALA LUMPUR, Dec 18 (Bernama) -- The Hong Kong (HKG) to Taipei (TPE) route has been revealed as the world’s busiest international route in 2024, according to a latest analysis by OAG.

OAG in a statement said the Hong Kong (HKG)-Taipei (TPE) route is among the top 10 that has seen the biggest growth, reaching 6.8 million seats and a 48 per cent capacity increase between 2023 and 2024, pushing it up from third place last year.

Powered by OAG's Global Airline Schedules Data, the analysis provides an overview of route performance and trends, both internationally and domestically.

According to the analysis, Asia Pacific continues to dominate the annual rankings, with seven of the top 10 international busiest routes and nine of the top 10 domestic routes.

The analysis also reveals that Cairo (CAI)-Jeddah (JED) follows in second spot with 5.5 million seats, one of two routes operating in the Middle East that have entered the top 10 since 2019, which has experienced 68 per cent growth in five years. Dubai (DBX)-Riyadh (RUH) holds the sixth position with 4.3 million seats and 37 per cent capacity growth since 2019.

Other international routes seeing impressive year-on-year growth are Seoul Incheon (ICN)-Tokyo Narita (NRT), which jumps from fifth to third spot with 30 per cent capacity growth, and Bangkok (BKK)-Hong Kong (HKG), which returns to the top 10 at seventh after placing 11th in 2023.

For the busiest international route in Europe and in North America, New York (JFK)-London Heathrow (LHR) takes the top spot, while Cairo (CAI)-Jeddah (JED) leads in both Africa and the Middle East, and Orlando (MCO)-San Juan (SJU) is the top route in Latin America.

OAG is a data platform for the global travel industry offering an industry-first single source for supply, demand, and pricing data.

-- BERNAMA

Hello Kitty Celebrates 50th Anniversary with Japanese Fruits Promotion

KUALA LUMPUR, Dec 16 (Bernama) -- The Japan Fruit and Vegetables Export Promotion Council, in collaboration with The Japan Food Product Overseas Promotion Center (JFOODO), has teamed up with the popular Sanrio Co Ltd character “Hello Kitty”.

According to a statement, the collaboration marks Hello Kitty’s 50th anniversary, and aims to promote Japanese-grown fruits and vegetables.

A social media campaign will run, inviting participants to post photos on Instagram centered on the themes of major seasonal events such as Christmas, New Year, Chinese New Year, and Valentine’s Day. These photos are to be entered into the draw to win a special “Smile Japanese Fruits Gift", ideal for family enjoyment.

The campaign will focus on fruits that carry the “Japan-grown Fruit” label, indicating strict quality standards set by the Ministry of Agriculture, Forestry, and Fisheries. The target fruits include peaches, grapes, apples, persimmons, citrus fruits, strawberries, and sweet potatoes.

The campaign for Christmas runs from Dec 14 to 31 while the New Year will run from Jan 1 to 10, 2025; followed closely by Chinese New Year from Jan 29 to Feb 14, 2025, and wrapping up with Valentine’s Day from Feb 14 to 22, 2025.

To participate, entrants must follow the official Instagram account japanesefruit_official and post a video related to one of the campaign themes, tagging the account.

Participants can either create videos using the playful japanesefruit x Hello Kitty filter, or share videos or images capturing moments of joy with Japanese fruits. For the latter events like Chinese New Year and Valentine’s Day, posting joyful visuals is sufficient for entries.

Residents of Thailand, Singapore, Malaysia, Vietnam, Hong Kong, and Taiwan are eligible for the draw, with the chance to win the exclusive "Smile Japanese Fruits Gift" set.

-- BERNAMA

 

 

LIVEFREELY ACQUIRES SOMPO HORIZON TO EXPAND AI-POWERED CAREGIVING

Acquisition will enable LiveFreely to expand its product suite with Sompo Horizon’s CareGo solution and drive expansion into the Asia-Pacific region

SAN JOSE, Calif., Dec 13 (Bernama-BUSINESS WIRE) -- LiveFreely Inc., a digital health technology company that empowers seniors and their caregivers to live more freely, connected, and independent lives, today announced the acquisition of Sompo Horizon, a premier caregiving benefits provider and subsidiary of global insurance provider, Sompo Holdings. The acquisition will allow LiveFreely to further scale and integrate its circle-of-care products, including its flagship BUDDY application with Sompo Horizon’s CareGo solution.

LiveFreely’s BUDDY application provides seniors with an AI-driven personal health assistant that provides real-time health monitoring, vitals and code blue alerts, geographic boundary monitoring, and the ability to predict and prevent future falls which is among the leading causes of death among seniors. Paired with Sompo Horizon’s CareGo solution, which provides a comprehensive digital platform, concierge support service, and partner network that enhances the decision-making process for caregivers, today’s acquisition will provide LiveFreely with the ability to expand its digital health technology capabilities to benefit health systems, insurance brokerages, nursing and senior homes, schools, public institutions, individuals, families, and the broader care ecosystem.

“With CareGo, we will be able to unify our digital health technology in BUDDY, creating a one-stop, unified, and AI-enabled care experience,” said Dr. Arthur Jue, CEO and Co-founder of LiveFreely. “We founded this company because of our late father who suffered from falls, and with today’s acquisition, we’re poised to expand our mandate for digital caregiving to service mental health in schools, expand our footprint around the globe, and continue to build our platform to help seniors and caretakers live more freely.” 

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