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Unemployment, Prison, Mortality, Entrepreneurship and Economic Development

The Reverend Jesse Jackson calls prison the exhaust of a failed economic engine. The U.S. has more people in prison per capita than any other country on earth. There is a disproportionate number of black youth in the U.S. prison system. The distressing news has arrived that the mortality rate among white, non-college-educated men and women in the rural suburbs of theU.S., who are 45-54 years of age, is rising at an alarming rate. The chief culprit is the usual suspect; unemployment.

Friday, November 6, 2015 - 07:58
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Lombard Risk to Announce US and Canadian Client Successes

Lombard Risk Management plc (LSE: LRM), a leading provider of integrated col

Friday, November 6, 2015 - 07:37
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Virtusa to Acquire Majority Interest in Polaris in Deal Worth $270million

Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that combines innovation, technology leadership and industry solutions to transform the customer experience, today announced that it has entered into a definitive agreement to acquire a majority interest in Polaris Consulting & Services, Ltd. (“Polaris”) (BSE: POLARIS NSE: POLARIS MSEI: POLARIS), a global provider of IT solutions primarily to the banking and financial services industry segment, for approximately $270 million.

Friday, November 6, 2015 - 07:18
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Numerix ALM Solutions Introduce New Attribution Profile Functionality in latest version of Leading Hedge

Today Numerix announces new attribution functionality in Leading Hedge, Numerix’s production platform for end-to-end risk management and the hedging of life and annuity products.  Providing a risk neutral or real world stochastic modeling framework, Numerix Leading Hedge can be used for capital calculations, product pricing and ongoing valuations, trading and hedging, and regulatory and accounting compliance.  As a sophisticated attribution analysis framework, the new functionality allows drill-down analysis

Thursday, November 5, 2015 - 12:40
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ACI Strengthens Board of Directors with Appointment of Payments Luminary

ACI Worldwide (NASDAQ: ACIW), a leading global provider of electronic payment and banking solutions,announced today the appointment of Janet Estep to its Board of Directors.

Estep serves as president and CEO of NACHA - The Electronic Payments Association® that oversees the Automated Clearing House (ACH) Network.

Thursday, November 5, 2015 - 12:00
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Apps World 2015 London Announces £150,000 Startup Investment

Investment and startups are a key focus for this year’s Apps World event at London Excel on the 18th and 19th November 2015. Budding entrepreneurs will be given the opportunity to meet with leading digital industry figures and given the opportunity to secure investment for their business.

London has been named the number one city in Europe for digital entrepreneurs, startups and scale-ups and this success will be evident at this year’s event with an exciting agenda of speakers, workshops and activities.

Thursday, November 5, 2015 - 10:59
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Morgan Stanley Wealth Management Adds CreditSights to Research and Strategy Content

Morgan Stanley Wealth Management today announced that it has added CreditSights, an industry leading independent provider of global fixed income research, to its online portal of research and strategy content for its Financial Advisors.

Thursday, November 5, 2015 - 09:08
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The High Tech Myth and the Low Tech Transformation

It is a myth that in order to develop, countries must replicate Silicon Valley. As Meg Ryan of HP explained Silicon Valley is unique and is "almost an ecosystem" of creativity, venture capital and culture. The effort to replicate Silicon Valley in Moscow, Kuala Lumpur and Santiago has failed. This is despite Russia having some of the most educated and talented software designers in the world. I worked with Alex Avakov at  CSI/Banktrade when he created a relational database that launched a technological revolution in trade finance back-office operations.

Thursday, November 5, 2015 - 08:34
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A spotlight on efficiency brings opportunity for TPAs

Rapid technology evolution, shifting demographics and empowered consumers are trends well documented in academic and business journals alike. But what do they mean for the transfer agency (TA) sector?

Thursday, November 5, 2015 - 07:50
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IBM to Launch Matchmaking Technology to Navigate API Economy

IBM (NYSE: IBM) today announced API Harmony an intelligent cloud-based API matchmaking technology for developers as part of a series of technology, product and services announcements to advance the growing API Economy. API Harmonyprovides a unique developer experience, using cognitive technologies like machine learning and graph technology to anticipate what a developer will require to build new apps, make recommendations on which APIs to use, show API relationships, and identify what is missing.

Thursday, November 5, 2015 - 07:41
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