Constellation

Moody’s Upgrades Constellation’s Credit Rating as Policy Support and Growing Demand for Clean Energy Fuel Strong Financial Performance

Retrieved on: 
Wednesday, April 3, 2024

Moody’s raised Constellation’s rating to Baa1 from Baa2 and assigned a stable outlook, which reflects confidence in the company’s ability to maintain its credit metrics and financial performance going forward.

Key Points: 
  • Moody’s raised Constellation’s rating to Baa1 from Baa2 and assigned a stable outlook, which reflects confidence in the company’s ability to maintain its credit metrics and financial performance going forward.
  • The largest producer of carbon-free energy in the U.S., Constellation has exceeded financial expectations since launching as an independent company two years ago.
  • As a result, major technology companies and other industries are looking to Constellation to help power their operations with clean energy.
  • The company’s financial performance also has enabled it to increase its support for the communities it serves.

FourKites Named a Leader in the 2024 Gartner® Magic Quadrant™ for Fourth Consecutive Year

Retrieved on: 
Monday, April 1, 2024

Leading real-time supply chain visibility company FourKites ® today announced that, for the fourth consecutive year, it has been named a Leader in the 2024 Gartner® Magic Quadrant™ for Real-Time Transportation Visibility Platforms (RTTVPs)* .

Key Points: 
  • Leading real-time supply chain visibility company FourKites ® today announced that, for the fourth consecutive year, it has been named a Leader in the 2024 Gartner® Magic Quadrant™ for Real-Time Transportation Visibility Platforms (RTTVPs)* .
  • Gartner evaluated seven vendors for its report, and FourKites has been recognized as a Leader both for its Ability to Execute and Completeness of Vision.
  • "We're honored to be recognized as a Leader by Gartner once again," said FourKites founder and CEO Mathew Elenjickal.
  • They have strategically expanded their offering to provide solutions that provide visibility to customer orders throughout the supply chain life cycle.”

FourKites Named a Leader in the 2024 Gartner® Magic Quadrant™ for Fourth Consecutive Year

Retrieved on: 
Tuesday, April 2, 2024

Leading real-time supply chain visibility company FourKites ® today announced that, for the fourth consecutive year, it has been named a Leader in the 2024 Gartner® Magic Quadrant™ for Real-Time Transportation Visibility Platforms* (RTTVPs) .

Key Points: 
  • Leading real-time supply chain visibility company FourKites ® today announced that, for the fourth consecutive year, it has been named a Leader in the 2024 Gartner® Magic Quadrant™ for Real-Time Transportation Visibility Platforms* (RTTVPs) .
  • Gartner evaluated seven vendors for its report, and FourKites has been recognized as a Leader both for its Ability to Execute and Completeness of Vision.
  • "We're honored to be recognized as a Leader by Gartner once again," said FourKites founder and CEO Mathew Elenjickal.
  • They have strategically expanded their offering to provide solutions that provide visibility to customer orders throughout the supply chain life cycle.”

AlTi Tiedemann Global Announces Acquisition of East End Advisors Following Strategic Investment

Retrieved on: 
Monday, April 1, 2024

AlTi Global, Inc. (NASDAQ: ALTI), a leading independent global wealth and alternatives manager with over $70 billion in combined assets, announces the acquisition of East End Advisors, an independent advisory firm with assets under management (AUM) of approximately $5.6 billion, offering customized portfolio management and investment services to a select group of UHNW families and foundations.

Key Points: 
  • AlTi Global, Inc. (NASDAQ: ALTI), a leading independent global wealth and alternatives manager with over $70 billion in combined assets, announces the acquisition of East End Advisors, an independent advisory firm with assets under management (AUM) of approximately $5.6 billion, offering customized portfolio management and investment services to a select group of UHNW families and foundations.
  • Headquartered in New York, East End’s strong investment record and experienced team expand AlTi Tiedemann Global’s operations in key regions within the US and further enhance AlTi’s offering within the growing Outsourced Chief Investment Officer (OCIO) market.
  • Michael Tiedemann, Chief Executive Officer of AlTi Tiedemann Global, said:
    “We have long admired the exceptional team at East End, their investment approach, and the long-standing and trusted relationships they have with their clients.
  • Wachtell, Lipton, Rosen & Katz is serving as legal advisor to East End Advisors.

Domo Announces Enhanced Data Solutions with App Studio and Unveils the Power of BI and Automation Capabilities with Workflows

Retrieved on: 
Friday, March 29, 2024

Today Domo (Nasdaq: DOMO) announced at Domopalooza: the AI + Data Conference that App Studio, Domo’s low-code app builder, is now generally available.

Key Points: 
  • Today Domo (Nasdaq: DOMO) announced at Domopalooza: the AI + Data Conference that App Studio, Domo’s low-code app builder, is now generally available.
  • The company also announced that it has bolstered its low-code automation engine Workflows, streamlining and extending automation with third-party actions.
  • Every element, component and visualization is meticulously aligned with diverse themes, ensuring users achieve consistency across all app pages effortlessly.
  • With App Studio, customers have a seamless native experience right from the start, eliminating the need for any coding.

AM Best Removes From Under Review With Developing Implications, Affirms Credit Ratings of Certain Curi Insurance Group Members

Retrieved on: 
Thursday, March 28, 2024

AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a” (Excellent) of certain members of Curi Insurance Group (Curi).

Key Points: 
  • AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a” (Excellent) of certain members of Curi Insurance Group (Curi).
  • These ratings were previously placed under review with developing implications in February 2023, following the announcement that Curi Holdings, Inc. and Constellation, Inc. (Constellation) had entered a definitive merger agreement.
  • Following the merger, the subsidiary members that comprised Constellation Insurance Group and Curi Holdings Group are now viewed as one AM Best rating unit, Curi Insurance Group.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

AlTi Tiedemann Global Closes Previously Announced Constellation Wealth Capital Investment

Retrieved on: 
Wednesday, March 27, 2024

AlTi Global, Inc. (NASDAQ: ALTI) (“AlTi” or the “Company”), a leading independent global wealth and alternatives manager with over $70 billion in combined assets, today announced the closing of the initial investment from Constellation Wealth Capital (“CWC”).

Key Points: 
  • AlTi Global, Inc. (NASDAQ: ALTI) (“AlTi” or the “Company”), a leading independent global wealth and alternatives manager with over $70 billion in combined assets, today announced the closing of the initial investment from Constellation Wealth Capital (“CWC”).
  • CWC, an investment advisory firm specializing in making investments in industry-leading wealth managers, has made an initial investment of $115 million in AlTi, as part of the previously announced strategic investment of up to $450 million from Allianz X and CWC.
  • View the full release here: https://www.businesswire.com/news/home/20240327526461/en/
    AlTi will use the capital principally to fund its mergers and acquisitions pipeline and organic growth activities.
  • In the event AlTi delivers such notice, CWC will also receive warrants to purchase 466,667 shares of Class A Common Stock.

UKG Partners for Life with Customers Through Award-Winning Experience

Retrieved on: 
Tuesday, March 26, 2024

“Nothing is more important than helping our customers worldwide build a great place to work by giving them the support, services, and technology they deserve,” said Chris Todd, CEO at UKG.

Key Points: 
  • “Nothing is more important than helping our customers worldwide build a great place to work by giving them the support, services, and technology they deserve,” said Chris Todd, CEO at UKG.
  • “The level of service we receive from our partners at UKG is amazing and a big part of why I love UKG,” said Christine Carr, vice president of HR at Yoga Joint , a chain of hot yoga studios in Florida.
  • “What an incredible honor to be recognized for our commitment to delivering exceptional experiences for customers throughout their UKG journey,” said Bob DelPonte, senior vice president of customer success and global delivery services at UKG.
  • Throughout 2024, UKG is taking its wildly popular UKG Huddle across the U.S., where customers can interact with UKG executives and experts in-person to learn product tips and tricks and best practices as well as network with peers.

AlTi Tiedemann Global Announces Promotion of COO, Kevin Moran to President

Retrieved on: 
Friday, March 22, 2024

AlTi Global, Inc. (NASDAQ: ALTI), a leading independent global wealth and alternatives manager with over $70 billion in combined assets, announces an update on its leadership team structure.

Key Points: 
  • AlTi Global, Inc. (NASDAQ: ALTI), a leading independent global wealth and alternatives manager with over $70 billion in combined assets, announces an update on its leadership team structure.
  • Chief Operating Officer, Kevin Moran is promoted to the role of President with immediate effect, reporting to CEO, Michael Tiedemann.
  • Kevin will oversee AlTi’s Wealth Management and Strategic Alternatives businesses while retaining his COO role.
  • Prior to the merger that created AlTi, Kevin was Chief Operating Officer at Tiedemann Advisors, LLC, where he worked for close to 15 years.

8x8 Receives Multiple Awards for Continued Innovation

Retrieved on: 
Tuesday, March 19, 2024

8x8 Contact Center was recognized in the 2024 Constellation ShortList for Contact Center as a Service (CCaaS).

Key Points: 
  • 8x8 Contact Center was recognized in the 2024 Constellation ShortList for Contact Center as a Service (CCaaS).
  • 8x8 Work was recognized in the 2024 Constellation ShortList for Unified Communications as a Service (UCaaS).
  • 8x8 was a winner in G2’s 2024 Best Software Awards in the categories of Customer Service Products and Collaboration and Productivity Products.
  • 8x8 received highly commended recognition in CX Today’s CX Awards 2024 in the categories of Best Mid-Market Contact Center Platform and Most Innovative Product.