TechnipFMC plc (NYSE:FTI) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 1.50% to close at $31.86 with the total traded volume of 5.57 Million shares. TechnipFMC (FTI) has been awarded a contract by ENI Ghana E&P Limited, for the onshore part of the OCTP(2) development of the Sankofa field, offshore Ghana. Under this contract, TechnipFMC will perform the project management, engineering, supply, construction and commissioning (EPC) for the Onshore Receiving Facilities (ORF) located in Sanzule, which form part of the Gas to Power Plan.
The contract will be mainly executed by the teams of TechnipFMC in Ghana. The project is slated for completion by mid-2018.NelloUccelletti, President of TechnipFMC’s Onshore/Offshore business, commented: “We are proud to have been awarded this new contract, which rewards TechnipFMC’s long term commitment in Africa and plays a strategic role in the Gas to Power program in Ghana. This success also results
Everest Integrates API With Oracle Financial Crime and Compliance Management Product Suite
Everest, a regulated fintech company with blockchain solutions for biometric identification, custodian, and banking services, collaborates with Oracle Financial Services to enable customers to use Everest’s API and adopt identity verification and biometric identification services provided by Everest.
Everest’s technology provides Oracle the ability to bring identification verification and validation services to major financial institutions across 180-plus countries. The company’s API offers:
Identification verification: The ability to verify a prospect, employee, or entity without being in a physical location.
Remote onboarding and electronic KYC: The remote, paperless process that minimizes the costs and traditional bureaucracy in the KYC process and helps verify a customer’s credentials.
Assistant Finance Officer reliefweb.int - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reliefweb.int Daily Mail and Mail on Sunday newspapers.
3 Adani group stocks, SBI Cards, Apollo Hospital enter MSCI India index
May 12, 2021
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Burger India, IRCTC, Route Mobile, Happiest Minds, CAMS, Sun TV, UTI Asset now part of MSCI India Domestic Small Cap Index
Adani Enterprises, Adani Total Gas and Adani Transmission have entered MSCI India Domestic Index, according to a release by the index provider. SBI Cards and Payment and Apollo Hospitals too have entered the leading index, which is being tracked widely by global investors.
The half-yearly review of MSCI India index saw exclusion of Zee Entertaiment Enterprises, TVS Motor Co and Abbott India from the index and they have been included in the MSCI India Domestic Small Cap Index.
Traders Magazine
By Vinodh Nagaiyan, Risk and Finance Solution Consultant, Oracle Financial Services
As of 2019, the worldwide mutual fund industry had $55 trillion in total assets, according to the Investment Company Fact Book.
[1] This figure has seen a consistent increase in the past decade and is poised to grow further in the near future. The growth of this industry highlights the importance of risk management practices – particularly liquidity risk management.
In a collective investment scheme, from the investor perspective, subscriptions and redemptions are smooth, mostly online. From the company perspective, however, redemptions are the outcome of a delicate balancing act. If the fund holds a large number of liquid securities to facilitate redemptions, then it misses out on returns. If it holds a low number of liquid securities, then it might not be able to honor redemptions on a timely basis. Every redemption request should be honored on time, to be both compet