CERC

Photonic Hires Global Quantum Leaders in Key Leadership Roles

Retrieved on: 
Thursday, May 2, 2024

“Photonic has searched extensively for the right talent to help us achieve our ambitious goals.

Key Points: 
  • “Photonic has searched extensively for the right talent to help us achieve our ambitious goals.
  • “The quantum industry is starting to recognize the need for distributed quantum capabilities.
  • In the areas of research and development, materials science, and quantum networks:
    Dr. Chantal Arena joins as vice president of research, development, and production – devices.
  • As a Canada Excellence Research Chair (CERC), and scientific lead for the Quantum EncrYption and Science Satellite (QEYSSat) – Canada’s first quantum communication satellite – Jennewein informs the company’s quantum networking strategy.

Montefiore's Albert Einstein College of Medicine Announces Free Tuition in Perpetuity for All Medical School Students

Retrieved on: 
Monday, February 26, 2024

BRONX, N.Y., Feb. 26, 2024 /PRNewswire/ -- Dr. Philip Ozuah, President and CEO of Montefiore Einstein, the umbrella organization for Albert Einstein College of Medicine and Montefiore Health System, today announced that Albert Einstein College of Medicine has received a transformational gift from Ruth L. Gottesman, Ed.D., Chair of the Einstein Board of Trustees and Montefiore Health System board member. This historic gift – the largest made to any medical school in the country – will ensure that no student at Einstein will have to pay tuition again.

Key Points: 
  • This historic gift – the largest made to any medical school in the country – will ensure that no student at Einstein will have to pay tuition again.
  • With this donation, all current fourth-year students will be reimbursed their spring 2024 semester tuition and, effective beginning in August of this year, all students moving forward will receive free tuition at Albert Einstein College of Medicine.
  • Albert Einstein College of Medicine was founded in 1955 with a mission to welcome all students, without restrictions.
  • "Each year, well over 100 students enter Albert Einstein College of Medicine in their quest for degrees in medicine and science.

Aera Energy and CSUB Partner to Advance Research Into Energy Innovation

Retrieved on: 
Wednesday, December 13, 2023

Aera Energy will make a $2.5 million investment in CSUB’s role in the energy research sector by endowing the Executive Director for Energy Research position at the California Energy Research Center at California State University, Bakersfield.

Key Points: 
  • Aera Energy will make a $2.5 million investment in CSUB’s role in the energy research sector by endowing the Executive Director for Energy Research position at the California Energy Research Center at California State University, Bakersfield.
  • “Aera Energy is proud to partner with CSU Bakersfield to endow the Executive Director for Energy Research position,” said Aera Energy CEO Erik Bartsch.
  • Most recently, Aera Energy has helped CSUB bring together industry, policy and research leaders for the CSUB California Energy Research Center’s annual Carbon Management Technical Symposium.
  • The California Energy Research Center is housed within the School of Natural Sciences, Mathematics and Engineering at CSUB and has already benefitted from previous support from Aera Energy since its founding in 2014.

Government of Canada welcomes world-renowned researchers that will push the boundaries of innovation

Retrieved on: 
Thursday, November 16, 2023

It represents the largest number of CERCs awarded in a single competition in the history of the program.

Key Points: 
  • It represents the largest number of CERCs awarded in a single competition in the history of the program.
  • These new Canada Excellence Research Chairs will work with our postsecondary institutions to tackle some of the world's most complex challenges and make Canada a leader on the global stage."
  • Investments like these make Canada a destination of choice for world-leading researchers and scholars, which strengthens our own research ecosystem.
  • It attracts world-renowned researchers, supports breakthrough discoveries and seizes emerging opportunities, which contribute to Canada's global competitiveness and well-being.

Adani Group Condemns Financial Times’ Malicious Campaign to Tarnish its Global Reputation

Retrieved on: 
Tuesday, October 10, 2023

The Adani Group, India’s leading integrated business conglomerate, issued a media statement against Financial Times, for repeatedly planting defamatory reports against it.

Key Points: 
  • The Adani Group, India’s leading integrated business conglomerate, issued a media statement against Financial Times, for repeatedly planting defamatory reports against it.
  • This is evident from a large set of queries shared by one of their reporters’ seeking responses from the Group.
  • It published a factually incorrect story regarding funds raised by the Adani Group.
  • Adani Group issued the following statement on 9 October 2023:
    “There is a renewed attempt by the Financial Times and its collaborators to rehash old and baseless allegations to tarnish the name and standing of the Adani Group.

In Record Time--Vermiculus' Microservice-Based Clearing Solution Live on Minneapolis Grain Exchange

Retrieved on: 
Wednesday, June 7, 2023

STOCKHOLM, June 7, 2023 /PRNewswire/ -- Vermiculus today announced the deployment of its new real-time clearing platform based on Vermiculus' clearing product VeriClear™ on Minneapolis Grain Exchange (MGEX), a wholly owned subsidiary of Miami International Holdings, Inc. (MIH).

Key Points: 
  • STOCKHOLM, June 7, 2023 /PRNewswire/ -- Vermiculus today announced the deployment of its new real-time clearing platform based on Vermiculus' clearing product VeriClear™ on Minneapolis Grain Exchange (MGEX), a wholly owned subsidiary of Miami International Holdings, Inc. (MIH).
  • MGEX successfully launched the VeriClear™ clearing platform on June 2, 2023, representing a record time to market for Vermiculus in deploying the elastically scalable and AI-powered real-time clearing system developed by Vermiculus.
  • Notably, this project stands out as the Vermiculus' microservice-based clearing solution, required only half the development time compared to alternative solutions, while delivering double the quality.
  • VeriClear™, Vermiculus' multi-asset, microservice-based clearing solution, empowers clearing houses to monitor and manage positions and risk in real-time across various markets, including OTC and exchange-traded platforms.

In Record Time--Vermiculus' Microservice-Based Clearing Solution Live on Minneapolis Grain Exchange

Retrieved on: 
Wednesday, June 7, 2023

STOCKHOLM, June 7, 2023 /PRNewswire/ -- Vermiculus today announced the deployment of its new real-time clearing platform based on Vermiculus' clearing product VeriClear™ on Minneapolis Grain Exchange (MGEX), a wholly owned subsidiary of Miami International Holdings, Inc. (MIH).

Key Points: 
  • STOCKHOLM, June 7, 2023 /PRNewswire/ -- Vermiculus today announced the deployment of its new real-time clearing platform based on Vermiculus' clearing product VeriClear™ on Minneapolis Grain Exchange (MGEX), a wholly owned subsidiary of Miami International Holdings, Inc. (MIH).
  • MGEX successfully launched the VeriClear™ clearing platform on June 2, 2023, representing a record time to market for Vermiculus in deploying the elastically scalable and AI-powered real-time clearing system developed by Vermiculus.
  • Notably, this project stands out as the Vermiculus' microservice-based clearing solution, required only half the development time compared to alternative solutions, while delivering double the quality.
  • VeriClear™, Vermiculus' multi-asset, microservice-based clearing solution, empowers clearing houses to monitor and manage positions and risk in real-time across various markets, including OTC and exchange-traded platforms.

CenterPoint Energy Announces Completion of VUHI Restructuring to Enable More Efficient Funding of Capital Investments for the Benefit of Customers

Retrieved on: 
Tuesday, July 5, 2022

Included in the transaction was a successful exchange of $302 million Vectren Utility Holdings, Inc. (VUHI) private placement notes for new private placements notes issued by CenterPoint Energy Resources Corp. (CERC).

Key Points: 
  • Included in the transaction was a successful exchange of $302 million Vectren Utility Holdings, Inc. (VUHI) private placement notes for new private placements notes issued by CenterPoint Energy Resources Corp. (CERC).
  • As a result, those entities will be financed through CERC going forward.
  • The greater scale and stronger credit profile of CERC should benefit our customers through lower future financing costs on an ongoing basis, resulting in anticipated customer savings over the long term.
  • With approximately 8,900 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years.

Correction: CERC Chooses Vermiculus' Clearing Solution to Revolutionize the Receivables Market

Retrieved on: 
Tuesday, June 7, 2022

STOCKHOLM, June 7, 2022 /PRNewswire/ -- Vermiculus has been chosen to deliver a real-time clearing solution to CERC, the main financial market infrastructure specialized in receivables in Brazil.

Key Points: 
  • STOCKHOLM, June 7, 2022 /PRNewswire/ -- Vermiculus has been chosen to deliver a real-time clearing solution to CERC, the main financial market infrastructure specialized in receivables in Brazil.
  • In this cooperation, Vermiculus will provide a solution based on its modern clearing system, VeriClearTM, which is an elastically scalable and AI-powered real-time clearing system.
  • CERC has the mission to make the market of receivables more efficient and reliable and aims to achieve this by efficiently connecting stakeholders of multiple economic sectors.
  • CERC is the first cloud-native FMI specialized in receivables with an outstanding role in clearing (settlement registration and control) credit card receivables.

Correction: CERC Chooses Vermiculus' Clearing Solution to Revolutionize the Receivables Market

Retrieved on: 
Tuesday, June 7, 2022

STOCKHOLM, June 7, 2022 /PRNewswire/ -- Vermiculus has been chosen to deliver a real-time clearing solution to CERC, the main financial market infrastructure specialized in receivables in Brazil.

Key Points: 
  • STOCKHOLM, June 7, 2022 /PRNewswire/ -- Vermiculus has been chosen to deliver a real-time clearing solution to CERC, the main financial market infrastructure specialized in receivables in Brazil.
  • In this cooperation, Vermiculus will provide a solution based on its modern clearing system, VeriClearTM, which is an elastically scalable and AI-powered real-time clearing system.
  • CERC has the mission to make the market of receivables more efficient and reliable and aims to achieve this by efficiently connecting stakeholders of multiple economic sectors.
  • CERC is the first cloud-native FMI specialized in receivables with an outstanding role in clearing (settlement registration and control) credit card receivables.