CGS

Australian Label KYHA Studios Selects CGS’s BlueCherry Enterprise Platform to Support Current and Future Growth

Retrieved on: 
Monday, April 22, 2024

“Thanks to their expertise in the fashion and retail industries, we are confident that the CGS team will become a long-term partner in success to support future growth."

Key Points: 
  • “Thanks to their expertise in the fashion and retail industries, we are confident that the CGS team will become a long-term partner in success to support future growth."
  • By consolidating into one ERP solution, KYHA Studios will have better integration between systems, standardization across all business units, and more modern capabilities.
  • “We are delighted to welcome KYHA Studios to the CGS community and support their growth journey,” said Paul Magel, President, Business Applications and Technology Outsourcing Division, CGS.
  • With the BlueCherry ERP suite, KYHA Studios will have the tools to streamline operations, optimize inventory, and deliver unforgettable experiences to customers worldwide."

Municipal CUSIP Request Volumes Rise for Second Consecutive Month

Retrieved on: 
Thursday, April 18, 2024

NORWALK, Conn., April 18, 2024 (GLOBE NEWSWIRE) -- CUSIP Global Services (CGS) today announced the release of its CUSIP Issuance Trends Report for March 2024. The report, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets activity over the next quarter, found a monthly increase in request volume for new municipal identifiers, while requests for corporate identifiers slowed on a monthly basis.

Key Points: 
  • NORWALK, Conn., April 18, 2024 (GLOBE NEWSWIRE) -- CUSIP Global Services (CGS) today announced the release of its CUSIP Issuance Trends Report for March 2024.
  • The aggregate total of identifier requests for new municipal securities – including municipal bonds, long-term and short-term notes, and commercial paper – rose 3.2% versus February totals.
  • Texas led state-level municipal request volume with a total of 92 new CUSIP requests in March, followed by New York (65) and Wisconsin (62).
  • On an annualized basis, international equity CUSIP requests are down 3.8% and international debt CUSIP requests are up 102.0%.

CGS and FirstShift AI Partner to Deliver AI-powered Planning Solutions and Advanced Insights to Fashion and Retail Industries

Retrieved on: 
Monday, April 15, 2024

The partnership will empower companies with advanced AI-powered planning, analytics and intelligence, enabling them to gain deeper insights and make faster, more informed business-critical decisions.

Key Points: 
  • The partnership will empower companies with advanced AI-powered planning, analytics and intelligence, enabling them to gain deeper insights and make faster, more informed business-critical decisions.
  • The collaboration between CGS and FirstShift AI combines the power of CGS’s BlueCherry suite and extensive expertise in delivering comprehensive supply chain solutions with FirstShift AI's state-of-the-art AI-powered planning platform.
  • The result is a powerful planning and insights solution suite that provides businesses with actionable insights to drive growth and efficiency.
  • We are thrilled to partner with a global leader such as CGS to bring our AI-powered planning and insights solution to a broader audience," said Hari Menon, CEO for FirstShift AI.

CGS Immersive Achieves Meta Premier Partner Status, Pioneering Cutting-Edge XR Training Solutions

Retrieved on: 
Thursday, April 11, 2024

This esteemed accreditation underscores the success of its award-winning CGS Immersive division and its dedication to delivering state-of-the-art Extended Reality (XR) training solutions, catering to the needs of business leaders and learning executives worldwide.

Key Points: 
  • This esteemed accreditation underscores the success of its award-winning CGS Immersive division and its dedication to delivering state-of-the-art Extended Reality (XR) training solutions, catering to the needs of business leaders and learning executives worldwide.
  • Doug Stephen, President of CGS Immersive and CGS Enterprise Learning divisions, commented on the significance of this achievement, "Securing Meta Premier Partner status marks a pivotal moment for CGS Immersive.
  • Unparalleled Expertise: Harness over four decades of industry-recognized training experience from CGS, merged with Meta's forefront XR technology and AI tools.
  • CGS Immersive is an innovation lab and training transformation engine within CGS, dedicated to pioneering leading-edge Extended Reality (XR) training solutions for businesses worldwide.

February Corporate and Municipal CUSIP Request Volumes Rise Sharply

Retrieved on: 
Tuesday, March 19, 2024

The report, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets activity over the next quarter, found a sharp monthly rise in request volume for new corporate and municipal identifiers.

Key Points: 
  • The report, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets activity over the next quarter, found a sharp monthly rise in request volume for new corporate and municipal identifiers.
  • The monthly volume increase was driven by a 67.7% rise in request volume for U.S. corporate debt identifiers.
  • Texas led state-level municipal request volume with a total of 112 new CUSIP requests in February, followed by New York (81) and California (45).
  • On an annualized basis, international equity CUSIP requests are down 17.9% and international debt CUSIP requests are up 55.7%.

CUSIP Global Services Adds Climate Bonds Initiative's Green Bond Data to Global Data Feeds

Retrieved on: 
Tuesday, March 12, 2024

NORWALK, Conn. and LONDON, March 12, 2024 (GLOBE NEWSWIRE) -- CUSIP Global Services (CGS) today announced an alliance with the Climate Bonds Initiative (Climate Bonds), an international organization working to mobilize global capital for climate action, to add green bond data attributes for corporate and municipal bonds in its global data feed and desktop products.

Key Points: 
  • NORWALK, Conn. and LONDON, March 12, 2024 (GLOBE NEWSWIRE) -- CUSIP Global Services (CGS) today announced an alliance with the Climate Bonds Initiative (Climate Bonds), an international organization working to mobilize global capital for climate action, to add green bond data attributes for corporate and municipal bonds in its global data feed and desktop products.
  • The new green bond tags will enable fixed income market participants to instantly identify and categorize securities that contain specific environmentally sustainable growth attributes, based on Climate Bonds' internationally recognized taxonomy for evaluating green finance principles and establishing green bond standards.
  • With this enhancement of its data feed and desktop products, CGS will append a text-based descriptor to the standard CUSIP ID for green bonds.
  • "CUSIP Global Services delivers critical data tools for the $130 trillion bond market.

CGS and Tradelink Technologies Partner to Deliver Industry’s First Real-time, End-to-End Factory RFID Solution

Retrieved on: 
Wednesday, February 28, 2024

The partnership provides for the industry’s first end-to-end factory RFID solution, from raw materials to shop floor control and shipping – including serialization and traceability that enables the delivery of the European Product Passport.

Key Points: 
  • The partnership provides for the industry’s first end-to-end factory RFID solution, from raw materials to shop floor control and shipping – including serialization and traceability that enables the delivery of the European Product Passport.
  • “With the BlueCherry Suite, factories can have confidence that the data they rely on to inform pivotal business decisions is unified and accurate.
  • “By combining BlueCherry Shop Floor Control with Tradelink's RFID solutions, we've created a win-win for everyone.
  • We are thrilled that this partnership will give factories complete visibility, inventory accuracy, and traceable data, providing customers with the best solution to deliver actionable insights into operations."

CGS and Technopak Partner to Strengthen Factory Performance and Productivity

Retrieved on: 
Tuesday, February 27, 2024

With three decades of experience working with organizations across retail, consumer goods, and manufacturing services, Technopak comes with a multi-industry exposure and understanding of the landscape and challenges that brands and retailers face daily.

Key Points: 
  • With three decades of experience working with organizations across retail, consumer goods, and manufacturing services, Technopak comes with a multi-industry exposure and understanding of the landscape and challenges that brands and retailers face daily.
  • The partnership between the two companies addresses a fundamental demand for consumer goods manufacturers who constantly need to improve productivity, efficiency, and product quality while controlling costs.
  • “BlueCherry Shop Floor Control software captures time and performance data on all production activities in real-time, allowing executives and business partners to have the transparency needed to monitor every aspect of factory operations.
  • “Our joint efforts will allow factories to gain the highest value for their investment while reducing costs, improve efficiency, and increase agility.”

CGS BlueCherry® and TradeLink Technologies to Partner at Bharat Tex 2024 to Showcase end-to-end Factory RFID Solution

Retrieved on: 
Friday, February 23, 2024

NEW YORK, Feb. 23, 2024 (GLOBE NEWSWIRE) -- CGS, a global provider of software and business applications, enterprise learning, and outsourcing services, today announced CGS BlueCherry and TradeLink Technologies (TradeLink) are kicking off their partnership at Bharat Tex 2024 by unveiling the industry’s first end-to-end factory RFID solution.

Key Points: 
  • NEW YORK, Feb. 23, 2024 (GLOBE NEWSWIRE) -- CGS, a global provider of software and business applications, enterprise learning, and outsourcing services, today announced CGS BlueCherry and TradeLink Technologies (TradeLink) are kicking off their partnership at Bharat Tex 2024 by unveiling the industry’s first end-to-end factory RFID solution.
  • The technology also includes serialization and traceability that can enable the delivery of the European Product Passport.
  • “The expo’s main discussions across resilient global supply chains, digitization, and sustainability are why we chose to showcase and unveil our end-to-end factory RFID solution at Bharat Tex 2024,” said Dan Entac, President of TradeLink Technologies.
  • Bharat Tex 2024 will highlight the richness of Indian textiles and strengthen its image as a custodian of tradition, innovation, and sustainability.

January Corporate and Municipal CUSIP Request Volumes Flat Year-Over-Year

Retrieved on: 
Friday, February 16, 2024

The monthly volume increase was driven by a 24.8% rise in request volume for U.S. corporate debt and a 4.6% increase in requests for U.S. corporate equity identifiers.

Key Points: 
  • The monthly volume increase was driven by a 24.8% rise in request volume for U.S. corporate debt and a 4.6% increase in requests for U.S. corporate equity identifiers.
  • Texas led state-level municipal request volume with a total of 79 new CUSIP requests in January, followed by California (58) and Massachusetts (44).
  • “While corporate CUSIP request volumes are up slightly on a monthly basis and municipal volumes are down slightly versus December, we appear to be on track for relatively stable issuance volumes over the course of the first quarter.”
    Requests for international equity CUSIPs rose 31.4% in January and international debt CUSIP requests rose 25.8%.
  • On an annualized basis, international equity CUSIP requests are down 9.8% and international debt CUSIP requests are up 106.3%.