CGS

CGS Recognized as a Top 20 Provider of Learning Services in the 2023 Training Industry Top Training Companies™ List

Retrieved on: 
Wednesday, August 16, 2023

NEW YORK, Aug. 16, 2023 (GLOBE NEWSWIRE) -- CGS ®, a global provider of applications, enterprise learning, customer experience and outsourcing services, is pleased to announce its prestigious recognition as a Top 20 Provider of Learning Services in the 2023 Training Industry Top Training Companies™ list.

Key Points: 
  • NEW YORK, Aug. 16, 2023 (GLOBE NEWSWIRE) -- CGS ®, a global provider of applications, enterprise learning, customer experience and outsourcing services, is pleased to announce its prestigious recognition as a Top 20 Provider of Learning Services in the 2023 Training Industry Top Training Companies™ list.
  • The Training Industry Top 20 report is a hallmark recognition, underscoring CGS's commitment to delivering cutting-edge learning services and technologies.
  • "Being recognized by Training Industry as a Top 20 Provider of Learning Services is a testament to our continuous efforts in elevating the corporate learning experience," said Doug Stephen, President of Enterprise Learning & Immersive Solutions at CGS.
  • For more information about CGS's innovative learning services and how they contribute to the success of organizations worldwide, please visit https://www.cgsinc.com/en/learning .

CUSIP Global Services Launches New CUSIP-Based Entity Identifier for the $5T Syndicated Loan Market

Retrieved on: 
Wednesday, August 2, 2023

NORWALK, Conn., Aug. 02, 2023 (GLOBE NEWSWIRE) -- CUSIP Global Services (CGS) today announced the launch of a unique entity identifier created specifically for the $5 trillion syndicated corporate loan market.

Key Points: 
  • NORWALK, Conn., Aug. 02, 2023 (GLOBE NEWSWIRE) -- CUSIP Global Services (CGS) today announced the launch of a unique entity identifier created specifically for the $5 trillion syndicated corporate loan market.
  • The CUSIP Entity Identifier (CEI), a unique 10-character code assigned to each legal entity holding corporate loans, was developed in collaboration with the LSTA and Versana, the industry-backed digital data and technology platform transforming the global syndicated loan market.
  • We foresee enhancing workflow efficiency and improving data transparency through the CEI,” said Scott Preiss, Senior Vice President and Global Head, CUSIP Global Services.
  • With the addition of the CEI for corporate loan holders, CUSIP Global Services has introduced an entity-level ID that will follow each legal entity participating in the syndicated loan and private credit markets, delivering end-to-end transparency between the loan and its counterparties.

UTMD Reports Financial Performance for Second Calendar Quarter and First Half 2023

Retrieved on: 
Tuesday, July 25, 2023

Total consolidated 2Q 2023 UTMD worldwide (WW) sales in USD terms were $562 (4.2%) lower than in 2Q 2022.

Key Points: 
  • Total consolidated 2Q 2023 UTMD worldwide (WW) sales in USD terms were $562 (4.2%) lower than in 2Q 2022.
  • In 2Q 2023 compared to 2Q 2022, OUS sales were $250 (+4.5%) higher and U.S. domestic sales were $812 (10.4%) lower.
  • Total consolidated 1H 2023 UTMD WW sales in USD terms were $366 (1.4%) lower than in 1H 2022.
  • OI in 1H 2023 was $8,864 compared to $9,579 in 1H 2022, a decrease of $715 (7.5%), representing a healthy 1H 2023 OI margin of 34.9%.

Corporate and Municipal CUSIP Request Volumes Rise in June

Retrieved on: 
Thursday, July 13, 2023

Meanwhile, U.S. corporate debt volumes fell 10.2% and U.S. corporate equity volumes fell 8.9%.

Key Points: 
  • Meanwhile, U.S. corporate debt volumes fell 10.2% and U.S. corporate equity volumes fell 8.9%.
  • Municipal request volume rose this month, largely driven by the seasonal peak in municipal notes issuance tied to municipal fiscal year budgeting.
  • New York led state-level municipal request volume with a total of 199 new CUSIP requests in June, followed by Texas (156) and Wisconsin (90).
  • On an annualized basis, international equity CUSIP requests are down 15.0% and international debt CUSIP requests are down 30.8%.

Municipal CUSIP Request Volumes Rise in May

Retrieved on: 
Wednesday, June 21, 2023

U.S. corporate debt volumes rose 18.5% and U.S. corporate equity volumes rose 21.8%.

Key Points: 
  • U.S. corporate debt volumes rose 18.5% and U.S. corporate equity volumes rose 21.8%.
  • The aggregate total of identifier requests for new municipal securities – including municipal bonds, long-term and short-term notes, and commercial paper – rose 12.5% versus April totals.
  • Texas led state-level municipal request volume with a total of 118 new CUSIP requests in May, followed by California (84) and Oklahoma (73).
  • On an annualized basis, international equity CUSIP requests are down 9.1% and international debt CUSIP requests are down 32.7%.

CGS Selected as Learning and Training Industry’s Top 20 Custom Content Development Companies

Retrieved on: 
Wednesday, June 7, 2023

NEW YORK, June 07, 2023 (GLOBE NEWSWIRE) -- CGS , a global provider of business applications, enterprise learning, customer experience and business process outsourcing services, today announced that it has been selected as one of the Top 20 Custom Content Development Companies presented by Training Industry , the leading research and information resource for corporate learning leaders.

Key Points: 
  • NEW YORK, June 07, 2023 (GLOBE NEWSWIRE) -- CGS , a global provider of business applications, enterprise learning, customer experience and business process outsourcing services, today announced that it has been selected as one of the Top 20 Custom Content Development Companies presented by Training Industry , the leading research and information resource for corporate learning leaders.
  • Training Industry is the most trusted source of information on the business of learning, and their 2023 Top Custom Content Development list is based on a thorough analysis of the capabilities, experience and expertise of IT training providers.
  • “We are focused on utilizing the latest technologies, including mixed reality and machine learning, to build engaging and comprehensive solutions to meet all of their remote learning and training requirements.”
    Selection to the 2023 Training Industry Top Custom Content Development Companies lists was based on the following criteria:
    Breadth and quality of content developed and services offered.
  • Industry visibility, innovation and impact in the learning services training market.

CGS Launches Global Thought Leadership Webinar Series to Educate Market on Generative AI, ChatGPT and Immersive Technologies

Retrieved on: 
Tuesday, June 6, 2023

The inaugural webinar in this series will provide insights and research on the rapid evolution of AI, with a focus on the transformative power of Generative AI and ChatGPT.

Key Points: 
  • The inaugural webinar in this series will provide insights and research on the rapid evolution of AI, with a focus on the transformative power of Generative AI and ChatGPT.
  • Webinars in this series are designed to equip attendees with a comprehensive understanding of emerging technologies, including their benefits, risks, and diverse use cases.
  • Our global Thought Leadership Webinar Series offers a unique opportunity for attendees to explore the possibilities of Generative AI and ChatGPT.
  • June 20, 2023 – The Transformative Power of Generative AI, ChatGPT and Emerging Technologies Landscape

CGS Appoints Cathrine Jooste as President of Global Outsourcing and Customer Experience Division

Retrieved on: 
Thursday, June 1, 2023

NEW YORK, June 01, 2023 (GLOBE NEWSWIRE) -- CGS , a global provider of business applications, enterprise learning and outsourcing services, today announced the appointment of Cathrine Jooste as the new President of CGS’ Global Outsourcing and Customer Experience division.

Key Points: 
  • NEW YORK, June 01, 2023 (GLOBE NEWSWIRE) -- CGS , a global provider of business applications, enterprise learning and outsourcing services, today announced the appointment of Cathrine Jooste as the new President of CGS’ Global Outsourcing and Customer Experience division.
  • With an illustrious career spanning over 25 years in the consulting, business process and customer care outsourcing industries, Jooste brings extensive expertise and a proven track record of success to CGS.
  • “We are delighted to welcome Cathy to the CGS family as the President of our Global Outsourcing and Customer Experience division,” said Phil Friedman, President and CEO for CGS.
  • “Her extensive experience, industry expertise, and leadership skills will be invaluable as we expand our global presence and enhance our client-centric solutions.

CGS Unveils "Soft Skills" Augmented Reality Training Solution with Singapore Airlines Low-Cost Carrier Scoot

Retrieved on: 
Wednesday, May 31, 2023

The new Immersive Learning as a Service (ILaaS™) training solution uses a digital approach powered by CGS's TeamworkAR™ platform.

Key Points: 
  • The new Immersive Learning as a Service (ILaaS™) training solution uses a digital approach powered by CGS's TeamworkAR™ platform.
  • The company has partnered with Singaporean low-cost carrier Scoot , a subsidiary of Singapore Airlines, to demonstrate that generative AI with mixed reality can deliver excellent retention results.
  • By applying augmented reality with job training, we can deliver a scaled approach to one-on-one mentoring," said Doug Stephen, President of Enterprise Learning & TeamworkAR at CGS.
  • The new immersive soft skills solution allows companies to accelerate and improve the quality of employee training and drive operational efficiencies."

CGS to Keynote VRARA Forum on Creating a Connected Workplace and Accelerating Digital Transformation with Extended Reality (XR)

Retrieved on: 
Tuesday, May 23, 2023

The keynote will also showcase LaunchpadXR™, a framework designed for companies new to XR, which is wrapped around the ILaaS solution to help accelerate its adoption and integration.

Key Points: 
  • The keynote will also showcase LaunchpadXR™, a framework designed for companies new to XR, which is wrapped around the ILaaS solution to help accelerate its adoption and integration.
  • How Integrated XR is Creating a Connected Workplace and Driving Digital Transformation will be presented by Doug Stephen, President of Enterprise Learning and XR at CGS, and Adam Shah of VMG Connect .
  • Their remarks will educate audiences about the fast-growing market for augmented reality (AR) and virtual reality (VR) and how these technologies are driving digital transformation in the workplace and improved productivity.
  • “We’re on the precipice of extraordinary changes in how businesses leverage the best in their human capital through support by advancement in extended reality, the Internet of Things, and ChatGPT”, said Doug Stephen, President of Enterprise Learning and XR at CGS.