London–Bermuda connections celebrated at BDA forum
LONDON, Nov. 27, 2018 (GLOBE NEWSWIRE) -- Bermuda’s historic business bonds with London and potential future synergies through fintech and emerging technologies were key themes of a multi-industry forum in London today.
Close to 200 industry professionals from a range of business sectors—from shipping to insurtech—attended the Bermuda Executive Forum held at ME London by the Bermuda Business Development Agency (BDA). The event, the agency’s fourth overseas forum and second in London over the past year, brought together more than 50 senior industry and regulatory leaders as speakers and panellists to showcase the island as a financial centre of excellence. Presentations and discussions turned the spotlight on investment and business opportunities, and also underscored commonalities shared by the Bermuda and London markets.
“London is a very important market, and we want more people to know how we’re innovating and how we’re leading the charge,” said Premier David Burt who officially opened the forum. “Bermuda is different—we represent a place where you can develop products and services and sell them to the world from a well-regulated environment. We want to make sure that message is consistently heard.”
The UK’s Chris Holmes, Lord of Richmond MBE, joined the Premier for a 40-minute “fireside chat” on fintech to kick off the event, moderated by BDA Director Jessel Mendes. Holmes is a former Paralympic swimmer and nine-time Games gold-medal winner who has championed digital opportunities and the public benefits of blockchain and assistive technology since entering the House in 2013.
“London and Bermuda have had an extraordinary relationship over centuries, rooted in areas of the economy such as insurance, which continues to be such a close and fruitful bond for both parties,” noted Holmes. “When you look at all the opportunities fintech presents, it fits so well into that connection we have as two innovative jurisdictions, where we can collaborate, and where there can be niche areas for both entities. Working together, London and Bermuda can be key players in forging the potential future the Fourth Industrial Revolution offers.”
Throughout the day, industry professionals discussed the mature foundation and advantages Bermuda affords both established companies and startups, as well as its regulatory leadership and innovative culture that pioneered a legislative framework around fintech this year.
“Today’s forum was even bigger and better than our first one last year — an indication of the interest folks in London have about Bermuda,” said Mendes, an EY Bermuda Partner. “In talking with Lord Holmes and the Premier, clearly there’s a lot of common ground. Insurance has been a huge connection for a long time. And now, the same synergies apply to fintech. This is a dialogue we should continue.”
Attendees included former Bermuda Governor George Fergusson and other members of The Bermuda Society in London. “As keen supporters of the BDA’s efforts in London, we’re want to ensure we help cement ties between the City of London and Bermuda by creating opportunities for markets across the globe to understand the island as a sophisticated gateway,” said Sheba Raza, Counsel at Conyers UK and a Society Director. “We want to encourage opportunities for investors and international businesses as they seek to deploy capital and grow in a post-Brexit universe,” she added. “It allows us to ensure the UK and its family of territories operate in a cohesive, cooperative way to strengthen ties that exist already between our two countries.”
Euan Davis, of the Center for the Future of Work Europe at Cognizant Technology Solutions, was lunchtime keynote at today’s forum. He outlined “21 Jobs of the Future” as new technologies, business practices, and workers emerge over the next decade.
Eric Bertrand, founding partner of Centaur Fund Services, praised the BDA forum—his first as an industry participant, where he spoke on a panel about innovative trends in alternative assets.
“In 2015 when we decided to establish an offshore jurisdiction, we had options, but we decided Bermuda was the place for us to do our business. Three years later, we’ve grown from one to 16 people in our Hamilton offices—so, it proves our point,” Bertrand said. “I wanted to share our story that Bermuda is a jurisdiction of choice and a great place in which to complete a global presence. We have several offices around the world, but Bermuda is a very important one for us.”
The Bermuda Tourism Authority (BTA) partnered with the BDA on a networking reception that concluded the forum.
Tomorrow [Wednesday, November 28], the BDA continues the roadshow, staging a dedicated Bermuda Fintech Forum in the morning featuring a chat between the Premier and AIG CEO Brian Duperreault moderated by BDA Interim CEO Sean Moran. In the afternoon, ILS Bermuda hosts Beyond Convergence, a seminar focused on insurance-linked securities, whose global market Bermuda dominates.
The BDA encourages direct investment and helps companies start up, re-locate or expand their operations in our premier jurisdiction. An independent, public-private partnership, we connect you to industry professionals, regulatory officials, and key contacts in the Bermuda government to assist domicile decisions. Our goal? To make doing business in Bermuda smooth and beneficial.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/53d2a1ad-aea5-4e75-91c3-5ffeefff2377
One Liberty Plaza - 165 Broadway
NY 10006 New York
GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Følg saker fra GlobeNewswire
Registrer deg med din epostadresse under for å få de nyeste sakene fra GlobeNewswire på epost fortløpende. Du kan melde deg av når som helst.
Siste saker fra GlobeNewswire
Industry-leaders join BIOPAC for T4 Human Physiology Conference Set for August 12-14, 201919.12.2018 01:34 | Pressemelding
Training and Best Practices for Measuring Physiology GOLETA, Calif., Dec. 18, 2018 (GLOBE NEWSWIRE) -- BIOPAC Systems, Inc., announced the second biennial T4 Human Physiology Conference to be held August 12-14, 2019 at the University of California Santa Barbara (UCSB). Life science researchers, educators, and students are invited to learn the latest Tools, Trends, Techniques, and Technology used in physiological measurement and interpretation. T4 sessions offer hands-on, practical tips and tricks, giving participants the latest tools and insights to pursue scientific discovery with significant amounts of data from multiple participants and devices, in or out of the lab. BIOPAC hosts the T4 Physiology Conference to increase understanding of physiological measurements. Frazer Findlay, BIOPAC CEO, says, “BIOPAC has always placed a strong emphasis on working with partners that understand the industry and the needs of our customers. I am delighted that we’ll have partners joining us at T4 t
RCI Banque S.A.: Post Stabilisation Notice18.12.2018 15:55 | Pressemelding
PARIS, Dec. 18, 2018 (GLOBE NEWSWIRE) -- 18th December 2018 RCI Banque S.A. Post Stabilisation Notice HSBC (contact: Syndicate desk, telephone: +44 207 992 8066) hereby gives notice that no stabilisation (within the meaning of the rules of the Financial Conduct Authority) was undertaken in relation to RCI Banque S.A. GBP Fixed due 30th Oct 2023 because the transaction did not complete. Issuer: RCI Banque S.A. Guarantor (if any): NA Aggregate nominal amount: GBP Benchmark Description: Fixed due 30th Oct 2023 Offer price: na Stabilising Managers: HSBC, Lloyds, Natwest This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and condit
The North American Bitcoin Conference Stands Out as One of 2019’s Most Important Worldwide Crypto Events18.12.2018 15:35 | Pressemelding
MIAMI, Dec. 18, 2018 (GLOBE NEWSWIRE) -- via CryptoCurrencyWire – 2019 will kick off with what has become widely accepted as one of the most important blockchain conferences of the year. The North American Bitcoin Conference, sponsored by Keynote and part of the World Blockchain Forum, will take place Jan. 16-18, 2019, at the James L. Knight Center in Miami, Florida. This premier crypto conference, now in its seventh year, will draw cryptocurrency and blockchain leaders from all across the globe as they come together for this historical event. The North American Bitcoin Conference is the longest-running, most-attended finance conference for the blockchain and crypto industries, with each event attracting thousands of attendees. The 2019 conference will feature a lineup of more than 60 world-class presenters, including technology veterans and company founders who have collectively raised more than $18.1 billion in initial coin offerings (ICOs). Speakers that have been announced thus far
Inspirata Subsidiary, Artificial Intelligence in Medicine (AIM), Signs Contract with the National Cancer Institute (NCI) to Use Its E-Path Reporter Software for Reporting by U.S. Central Cancer Registries18.12.2018 15:06 | Pressemelding
The NCI has licensed AIM’s E-Path Reporter software for the last 15 years to provide an automated solution that enables cancer registries to more efficiently collect and report cancer incidence and survival data. Toronto, CA, Dec. 18, 2018 (GLOBE NEWSWIRE) -- Artificial Intelligence In Medicine Inc. (AIM), an Inspirata company, announced today that the National Cancer Institute (NCI) has extended its license agreement for AIM’s E-Path Reporter software. The software has been licensed for use within the SEER (Surveillance, Epidemiology and End Results) program, for 14 central registries and 286 major reporting hospitals and laboratories across the U.S. NCI supports cancer data collection and research through the SEER program and publishes cancer statistics for 20 U.S. geographic areas. The NCI requires participating cancer registries to collect data on cancer patient demographics, primary tumor site, tumor morphology and disease stage at diagnosis. The registries also must report on fir
Crown Bioscience Creates Center of Excellence for Bioinformatics, Big Data, and Biomarker Discovery Services18.12.2018 14:30 | Pressemelding
Services and Capacity Increase with New Site Opening SAN DIEGO, Dec. 18, 2018 (GLOBE NEWSWIRE) -- Crown Bioscience, a global drug discovery and development services company providing translational platforms to advance oncology, inflammation, cardiovascular and metabolic disease research, has recently announced the expansion of its existing translational oncology research capacity by opening a new site in Suzhou, Jiangsu, China. The large amount of data now available from preclinical and clinical research requires specialized expertise in bioinformatics, big data analysis and dedicated storage facilities. CrownBio’s new site will focus on integrating the company’s experience in preclinical and translational research with cutting-edge digital technologies for the discovery of predictive biomarkers and the development of new and companion diagnostics. The Suzhou site will become CrownBio’s center of excellence for systems biology and clinical sample testing. Located at the heart of the Bi
Family of Constant-Current Dimmable Buck LED Drivers18.12.2018 11:00 | Pressemelding
1.5A, 3A Buck LED Drivers Target ISO26262 automotive and industrial applications MILPITAS, Calif., Dec. 18, 2018 (GLOBE NEWSWIRE) -- AMS, the Analog Mixed-Signal division of ISSI, has introduced a family of switching buck LED Drivers for automotive and industrial applications. This family of highly integrated switching constant current buck LED Drivers are targeted for 12V/24V battery connected, space-constrained, electromagnetic (EMC) sensitive applications such as Headlight, Front and Rear Fog lights, Day time Running lights to name a few. The device family supports a wide DC voltage input range of 4.5V to 38V and outputs a 5% regulated current of 1.5A or 3A; depending on the particular device, see table. The integrated power MOSFET is configured to switch in the constant on-time mode delivering true average current. Switching at a frequency of up to 2MHz which is adjustable with an external resistor, these buck LED Drivers can use smaller output inductor and capacitor values thereby