The National Bank of Georgia adopts Bloomberg E-Bond Solution for Repos


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Bloomberg and the National Bank of Georgia (NBG) announced the launch of the Bloomberg E-Bond technology solution for local currency Repo instruments, or repurchase agreements. The Bloomberg E-Bond solution provides electronic trading functionality for participants in the Georgian Repo market and provides market surveillance tools to the National Bank. The solution provides the primary trade negotiation system for local currency Repo trading in Georgia’s inter-dealer market. It commenced operation and became the National Bank of Georgia’s official market platform for repurchase agreements on November 28, 2022.


The Georgia E-Bond Repo solution allows local market participants to trade Repo and Reverse Repo via two trade negotiating modes, VTR (voice trade affirmation) and RFQ (request for a quote). Georgia E-Bond provides a complete, consolidated marketplace for Georgian Repos, offering market participants a robust and flexible set of tools supporting the full trade workflow. This includes pre-trade price discovery and analytics, the ability to handle multi-dealer RFQ, downstream integration with banks’ middle and back-office systems, and integrated trade capture and reporting tools.


“Well functioning financial markets are an important priority for the NBG, as they support stable economic growth, financial stability and monetary policy implementation. To foster local financial markets development, we have been working in close cooperation with Bloomberg to launch Georgian Repo E-Bond”, said Archil Mestvirishvili, Vice Governor of the NBG.  “Bloomberg has been a provider of choice for local market participants and the central bank for more than a decade. Therefore, we are delighted to be the first market globally to adopt Bloomberg’s new solution for the Repo market, which offers a much better user-friendly experience and full integration with our securities settlement system for automated, fast and secure processing of interbank securities transactions”.


“We are delighted to expand the set of instruments supported by the Bloomberg E-Bond technology solution and to launch the first Repo E-Bond, in Georgia in partnership with the National Bank of Georgia. The solution will contribute to increasing the transparency, liquidity and efficiency of the Georgian Repo market,” said Katharine Furber, Bloomberg’s Head of Emerging Markets Trading Product. “Debt markets require robust technical infrastructure solutions that are tailored to local market requirements, and our extensive experience in supporting fixed income trading processes allows us to provide solutions that can easily be adapted to the needs and requirements of institutions such as the National Bank.”


The E-Bond technology solution is fully integrated with Bloomberg’s data, news, analytics and communications tools to provide local Georgian clients active in the Repo market with a single, comprehensive solution.


About Bloomberg


Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.

BT Group makes Cost of Living Pay Rise as union recommends end to strikes


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BT Group has announced plans for a UK Cost of Living Pay Rise to all but the highest paid staff.  Chief Executive, Philip Jansen, presenting the company’s half year results this month, had made clear his determination to make such an award.  Subsequent discussions with the Communication Workers Union (CWU) and Prospect have led to both unions recommending agreement.


Details of the Cost of Living Pay Rise are:

  • £1,500 pay rise for all UK colleagues who currently earn £50,000 or less from 1 Jan 2023
  • Consolidated salary increase, not one-off payment
  • Covers 100% of frontline staff (and others at ‘Team Member’ grade), and 51% of managers in the UK. In total, 85% of UK-based BT Group colleagues
  • Highly competitive pay award when combined with the increase made in April, bringing the total percentage pay rise for the lowest paid to over 15% since this time last year
  • Includes Openreach

The Cost of Living Pay Rise is being communicated to all UK BT Group staff.  At the same time, CWU and Prospect will communicate to their members, and will run consultative ballots recommending people vote in favour.  The outcome of those ballots will be announced in mid-December, and in the case of the CWU would end industrial action if members are supportive.


BT Group has committed to still run a 2023 pay review for UK colleagues but this will now move to September 2023 and take into account the January Cost of Living Pay Rise.


Announcing the new Cost of Living Pay Rise, BT Group Chief Executive, Philip Jansen said:


“This award is based on the principles we have followed throughout this difficult period.  It gets help to as many of our colleagues as possible; favours our lower paid colleagues; and gives people the security of a built-in, pensionable increase to their pay.


“Crucially, it has been worked on in conjunction with the CWU.  As I’ve said throughout, whatever our differences, our unions are vital partners.  We will now build on this collaboration:  We have agreed with both our union partners that we will all lean into the opportunities and challenges the future will bring, specifically our transformation plans and the delivery of the £3bn cost savings by the end of FY25. Ultimately, we all want BT Group to be successful so that we can do the best by our people and customers for years to come.”

About BT

BT Group is the UK’s leading provider of fixed and mobile telecommunications and related secure digital products, solutions and services. We also provide managed telecommunications, security and network and IT infrastructure services to customers across 180 countries.


BT Group consists of four customer-facing units: Consumer serves individuals and families in the UK; Enterprise and Global are our UK and international business-focused units respectively; Openreach is an independently governed, wholly owned subsidiary, which wholesales fixed access infrastructure services to its customers – over 650 communication providers across the UK.


British Telecommunications plc is a wholly-owned subsidiary of BT Group plc and encompasses virtually all businesses and assets of the BT Group. BT Group plc is listed on the London Stock Exchange.


For more information, visit www.bt.com/about

Apple Music launches new Replay experience; reveals 2022’s Top Charts


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Beginning today, Apple Music subscribers can learn their top songs, artists, albums, genres, and more in a redesigned Replay experience. 2022 was a thrilling year in music, with listeners delving into new sounds, new languages, and new genres more than ever before. Additionally, the 2022 year-end charts show just how influential Apple Music listeners were in making 2022 a year to remember, both individually and as a community. 

“When we first launched Replay, the feature became an instant fan favorite on Apple Music, and we really wanted to develop the experience further and make it even more special, personal, and unique for subscribers,” said Oliver Schusser, Apple’s vice president of Apple Music and Beats. “The music we enjoy throughout the year becomes like a soundtrack, and it’s really fun to be able to go back and relive those meaningful and memorable moments over again.”


The Redesigned Apple Music Replay


New in 2022 is a year-end experience complete with expanded listening insights and new functionality, including a completely personalized highlight reel. Users can discover their top songs, top albums, top artists, top genres, and more. Superfans can even discover whether they are in the top 100 listeners of their favorite artist or genre.


Apple Music listeners can continue checking Replay until December 31 to see if their listening patterns evolve before the start of 2023, and once the new year begins, keep listening on Apple Music to explore and share new 2023 insights each week.


All insights on Replay are optimized for sharing with family and friends, on their social channels, or on any messaging platform.


How Apple Music Replay Works


Visit replay.music.apple.com and log in with the same Apple ID used for Apple Music. Play highlights or scroll through the page for more detailed insights. A truncated version of the site is available all year or as soon as a user is eligible.1


How to See Listening Stats

  1. Listen to enough music to qualify. Gauge qualification with a personalized progress bar on the Replay website. Both playlist and insights eligibility happens with the same listening threshold.
  2. Once a user is eligible for Replay, they can visit replay.music.apple.com. 
  3. Explore listening stats, listen on the site, and share.

Replay is localized in 39 languages for all 169 countries and regions where Apple Music is available.


Apple Music Replay and Privacy


Despite the emphasis on data, Replay maintains Apple’s standard privacy throughout the experience. An individual user’s insights are never shared, sold, or used in any marketing materials. The user can share their insights at their own discretion if they choose. No other Apple Music subscribers or employees can access their insights outside of their chosen snapshots at any time.


Top Charts Insights


Apple Music also revealed its year-end charts, spotlighting 2022’s top songs, top Shazams, top fitness songs, and most-read lyrics. Diving into the rankings, music aficionados will notice the growing presence of non-English-language songs, the rise of once-niche genres, and a number of exciting breakthrough artists stepping into the spotlight for the first time.


The Kid LAROI and Justin Bieber finished the year at No. 1 on the Top Songs of 2022 with their collaboration “STAY.” Released in the summer of 2021, “STAY” spent a staggering 51 days atop the Daily Top 100: Global and remained sticky well through 2022. “STAY” has not dropped out of the Daily Top 100: Global since its release, and has reached No. 1 on the Daily Top 100 in 69 countries and regions worldwide. 


Hip-Hop continued to lead the Top Songs chart, accounting for 32 of the top 100 songs of the year. Pop followed, with 23 songs on the chart, followed by R&B/Soul, with 11 songs. Latin came in fourth, with eight songs, followed by J-Pop, with six.


Things looked notably different on the Most Read Lyrics chart, led by “We Don’t Talk About Bruno,” the standout on the soundtrack to Disney’s Encanto. The lyrics chart is among the most global charts, with 29 of the 100 songs being in a language other than English. 


Meanwhile, British DJ Joel Corry’s “Head & Heart (feat. MNEK)” leads the Fitness Songs chart, which ranks the top songs on Apple Fitness+ and Apple Music’s fitness playlists. “Head & Heart” reached the Daily Top 100 in 53 countries and regions worldwide, including 12 where it reached the top 20.


Leading the Shazam chart was “Cold Heart (PNAU Remix)” by Elton John and Dua Lipa, which marked Elton John’s first time topping the Shazam global chart. The track was No. 1 on 17 national charts — a record for both singers — and both hit the top spot in the UK for the first time. Rounding out the top five were Glass Animals’ “Heat Waves,” Harry Styles’ “As It Was,” Farruko’s “Pepas,” and Acraze’s “Do It To It (feat. Cherish).” 


Elsewhere, Bad Bunny — Apple Music’s 2022 Artist of the Year — became the first Latin artist to have the biggest album of the year with Un Verano Sin Ti. A mere four months after its record-breaking release, Un Verano Sin Ti had already become the biggest Latin album of all time by lifetime streams.


Check out Apple Music’s complete list of Year-End Charts.

  1. Eligibility is based on a threshold of plays and time spent listening. 

Promet Source Recognized as an Acquia Certified Drupal Cloud Practice Partner

 Andrew Kucharski, President of Promet Source, announced today the designation of Promet as an Acquia Certified Drupal Cloud Practice. This certification is awarded to Acquia partners that demonstrate the highest levels of technical competence across Acquia’s Drupal Cloud technologies.

“As a Gold Level Acquia partner, Promet’s acceptance into this program is a reflection of the collaborative expertise and commitment to customer success that drives both of our organizations,” Kucharski pointed out. He added, “We are thrilled for this additional channel to connect with world-class clients seeking flawless execution of their digital strategies.”

The Acquia Practice Certification Program singles out partner organizations that demonstrate a mastery of Acquia’s Cloud Platform in three separate areas of expertise: Drupal Cloud, Marketing Cloud, and DXP.

While certification for each of the above categories has its own unique criteria, all partners must meet a minimum set of requirements for eligibility, which include:

Completion of at least four projects hosted on the Acquia platform within 24 months prior to application;

Developer teams for each project that include at least at least five individuals who have completed Acquia certifications in the previous year.

Client references who affirm the development team’s high level of service and expertise, along with the robustness of the Acquia platform.

“We’re proud to recognize Promet Source as a certified Drupal Cloud practice,” said Mark Royko, Director of Practice Development at Acquia. “At Acquia, we continually strive to serve more customers while helping our valued partners grow their businesses. With Drupal Cloud certification, we know we can count on partners such as Promet to help us reach those goals.”

The Acquia Practice Certification Program was created to recognize organizations that have a proven record of technical achievements, and are committed to driving transformative business engagement on the Acquia Platform.

Attaining an Acquia Practice Certification validates an organization’s capacity and commitment to attaining excellence at every level.

Practice Certification Partners also commit to maintaining a culture that encourages accountability, integrity, continuous improvement, teamwork, and ongoing technical education.

About Promet Source

Promet Source is a Drupal design, development, support, and training company that creates innovative and dynamic Open Source solutions that ignite new digital possibilities for clients across multiple sectors, specializing in government, higher education, enterprise, and associations. We are driven by an expansive, empathetic, and inclusive approach to engaging on a deep level of inquiry with clients, while planting the seeds of great new beginnings.

About Acquia

Acquia empowers the world’s most ambitious brands to create digital customer experiences that matter. With open source Drupal at its core, the Acquia Digital Experience Platform (DXP) enables marketers, developers, and IT operations teams at thousands of global organizations to rapidly compose and deploy digital products and services that engage customers, enhance conversions, and help businesses stand out.

Promet Source

Cassey Bowman

773-525-8255

www.prometsource.com

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  • Cloud Computing

Embodied Healing Invites the Community to Participate in Common Ground

 From now until the end of the year, Embodied Healing will be raising funds to support psychotherapy and wellness services to low­-income and socially disadvantaged individuals and families, as well as survivors of trauma, crime, and state-­sanctioned violence.

Non-profit mental health organization Embodied Healing invites the community to learn more about their mission to help transform the mental wellness of Los Angeles by participating in the fundraising event Common Ground: A Night of Community and Giving in Support of Embodied Healing held on December 8 at 5:30 p.m.

Hosted by The Dunsmoor Wine Bar, the evening will feature generous wine pours and Southern-inspired appetizers prepared by Chef Brian Dunsmoor and Bub & Grandma’s Bakery. Attendees may participate in a raffle for a Palm Springs getaway and get a ‘Grounding Bag’ chock-full of self care goodies with a donation of $150 or more.

“Folks needing low-cost therapy are faced with barriers to compassionate care like overwhelming bureaucratic processes, therapist burnout, and depersonalized services,” said Embodied Healing President Rhonda Dang. “Financial support with the help of this event, will provide accessible, high-quality, and individualized therapy regardless of one’s ability to pay.”

To register for the Common Ground event, visit https://www.embodiedhealing.space/commonground.

To learn more about Embodied Healing, visit https://www.embodiedhealing.space/.

Embodied Healing is a 501(c)(3) nonprofit organization. All charitable contributions to Embodied Healing are tax-deductible to the extent the tax code allows.

About Embodied Healing

Embodied Healing is a Los Angeles-based 501(c)(3) not-for-profit psychotherapy practice offering accessible and culturally-affirming services to the community providing community engagement that is reflective of the clients they see and the communities they serve; such as indigenous and folk healing practices, community-centered advocacy and workshops, and other health and wellness services. For more information on Embodied Healing, visit https://www.embodiedhealing.space/.

Press Contact:

Embodied Healing

Rachel Elnar

rachel@embodiedhealing.space

Rachel Elnar

626-625-6026

https://www.embodiedhealing.space/

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Categories

  • Mental Health