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Hotel WiFi specialist secures £1.7m to fund growth overseas

March 28th – Airangel, the Warrington-based company which is the leading provider of guest WiFi solutions to the hospitality sector - has secured a £1.7m funding package from Santander Corporate & Commercial to support its further growth.Dow Schofield Watts Transaction Services advised Santander on the deal.Airangel, which has recently opened a new office in Dubai, is expanding rapidly across Europe, Middle East, Africa and Asia. Its software platform MyAirangel is now the number one solution... Source: RealWire

Combination of Accelya and Mercator Completes, Creating a Leading Global Solutions...

John Johnston appointed Chief Executive Officer of the combined group; Jose Maria Hurtado appointed Chief Financial OfficerCombined company benefits from complementary products and global footprintEnhanced product and technology capabilitiesBarcelona, Dubai, March 20, 2017 – Accelya, a leading provider of financial and commercial solutions to the airline industry, and Mercator, a global provider of product-enabled solutions to the travel and transportation industry, today announced the successful completion of their combination, creating a leading global technology-enabled solutions... Source: RealWire

ETL Systems to showcase its latest RF technologies to the Middle...

ETL’s presence at the show follows major contract wins in the region, including RF equipment for a major broadcaster’s IPTV projectMadley, UK. 14 March 2017: ETL Systems, a global designer and manufacturer of custom build RF equipment for satellite communications, will be showcasing its latest RF technologies to the Middle East market at CABSAT 2017, taking place March 21-23 at the Dubai World Trade Centre.
Visitors to the ETL stand will be able to see... Source: RealWire

Photos of the 11ft-diameter Hyperloop test track under construction in Nevada

Hyperloop One released photos on Tuesday morning at a railway conference in Dubai.

eProseed to co-organize Oracle Cloud Application Development Summit in Dubai

Capellen - Luxembourg, February 16, 2017 - eProseed will co-organize the forthcoming Oracle Cloud Application Development and Deploy Summit in Dubai.

The summit will gather Oracle product managers, eProseed's highest skilled specialists, and selected c...

Finally, someone has a realistic timeline for Mars colonization—the UAE

The ruler of Dubai said humans should aim to colonize Mars a century from now.

London School of Marketing opens up a new office in Dubai

London School of Marketing (LSM), a pioneer in redefining global education, is the largest private marketing courses provider in the UK.

The school offers British courses from a global perspective, removing boundaries to education throughout the world....

eProseed to support 11th MENA Regulatory Summit

eProseed will participate as a Supporting Partner in the 11th MENA Regulatory Summit on February 5th & 6th in Dubai, United Arab Emirates.

The summit will cover the main topical challenges faced by the regulatory authorities and the GRC community, a debate in which eProseed has a pivotal role to play as the publisher of FSIP, a comprehensive financial supervision solution dedicated to Central Banks, Financial Regulators and Supervisory Authorities.

The 11th MENA Regulatory Summit will take place in Dubai, UAE, in association with the Dubai Financial Services Authority (DFSA) and under the patronage of H.E.
Sultan bin Saeed Al Mansouri, the UAE Minister of Economy.

Formerly known as the GCC Regulators' Summit, the event has been renamed in an effort to ensure the utmost involvement of the governance, risk and compliance (GRC) community across the MENA (Middle East and North Africa) region, and to expand the dialogue to neighboring countries that share the same topical risk challenges and regulatory outlook.

eProseed logo

"With increasing demands from many international regulatory bodies, financial supervisory authorities are required to monitor the compliance of their financial institutions against numerous new national and international requirements.
In the MENA region, the recent macroeconomic developments have also triggered an unprecedented demand for collection of high precision data at high frequency from all financial institutions to support a better risk based supervision", comments Geoffroy de Lamalle, Chief Executive Officer of eProseed.

MENA: an increasing role in global compliance and combating financial crime
The 11th MENA Regulatory Summit will be attended and supported by regional and international regulators, financial services professionals, law practitioners, advisors and market players.

The participants will highlight the recent macroeconomic developments in the MENA region including the US election, Brexit aftermath, regional regulatory responses to the financial crisis, the digital revolution in financial services, block chain technology, and crowd funding.

The speakers will set the landscape for international anti-financial crime trends, FATF perspective on terrorist financing and emergent types of financial crimes, and the dangers of withdrawal of correspondent banking relationships. Panelists will also discuss trade-based money laundering and trade finance activities, compliance culture, business conduct, business ethics, and compliance conflicts.

eProseed, the Solution Provider for Financial Supervision
Leveraging the proven expertise in developing and implementing end-to-end business solutions based on Oracle's world-class software technology stack and a close collaboration with major Financial Institutions and Regulators, eProseed has developed eProseed Financial Supervision Insight Platform (FSIP), an end-to-end financial supervision solution dedicated to Central Banks, Financial Regulators and Supervisory Authorities.

"In essence, eProseed FSIP is a comprehensive, highly agile, and plug-and-play financial supervision solution, enabling efficient and pro-active collection of high precision data at high frequency from all financial institutions, as well as automating and integrating all regulatory and supervisory functions in one single software solution", says Geoffroy de Lamalle.

About eProseed
eProseed is an ICT services provider and a software publisher. Honored with 8 Oracle ACE Directors and 14 Oracle Excellence Awards in the last 7 years, eProseed is an Oracle Platinum Partner with in-depth expertise in Oracle Database, Oracle Fusion Middleware and Oracle Engineered Systems.

eProseed’s portfolio of business applications and business accelerators is built on state-of-the-art, reliable technologies and sound knowledge of today’s challenges, developed and maintained with the highest standards in mind.

Comprehensive training and support are provided by eProseed’s experts for both applications and underlying technologies.

Headquartered in Luxembourg, in the heart of Europe, eProseed has offices in Beirut (LB), Brussels (BE), Dubai (AE), London (UK), New York (USA), Porto (PT), Riyadh (SAU), Sydney (AU), and Utrecht (NL).

***

Contact
Alexandra Toma
Email: alexandra.toma@eproseed.com
Phone: +40 767 670 566
www.eproseed.com

‘Dubai Effect’ Takes AspectCTRM Over Middle East Sales Target Line

Press Release The city of Dubai is the backdrop against which commodity trade and risk management (CTRM) vendor Aspect won four landmark new contracts in 2016 for its market information portal and trade and risk management cloud solution - deals which on their own exceeded the company’s multi-million dollar sales target for the entire Middle East. In part the wins highlight how enlightened UAE government policy is continuing to boost Dubai as an entrepreneurial hot house in which new sectors such as trading can flourish.

They also highlight how the global shift to the cloud-based CTRM delivery model pioneered by Aspect is continuing to accelerate, with legacy vendors increasingly failing to win license renewals, and losing out to the cloud on new contracts. Aspect’s wins in Dubai featured two trading houses moving away from existing legacy software suppliers and two newer trading operations adopting CTRM for the first time.

All four Aspect solutions are fully operational, the latest of them proposed, awarded, and delivered in just eight weeks to meet a go-live deadline before the start of Ramadan. “These contracts further prove that AspectCTRM is the best fit with the needs of today’s trading houses, but they also highlight how Dubai is growing in importance as a center of oil trading activity,” said Aspect CEO Steve Hughes. “We are responding by building a dedicated local team of pre and post-sales experts to ensure that we can react even more quickly as Dubai continues its remarkable growth story.” Aspect’s four new customer wins in Dubai – Ferrocadia, Gulf Petrochem, Qaiwan Group, and MENA Energy – head a pipeline of further deals expected to close in the coming quarters. Of the recent four, MENA Energy, is a fully integrated business with its own refining, storage, shipping and financing operations.

After a competitive evaluation MENA Energy decided that AspectDSC and CTRM provided the superior combination of functionality and cost, better able to support its goal of growth through working smarter and more productively. About AspectAspect is a leading global provider of multi-commodity trade, risk and operations management applications delivered Software-as-a-Service (SaaS) in the cloud. With almost 500 customers in 90 countries, it’s one of the fastest growing providers with rapid deployment, affordable subscriptions, and immediate ROI for all size companies.
Solutions include AspectCTRM®, a full-featured commodity trading and risk management enterprise suite for front, middle and back office.
It’s available in three editions: Lite, Standard and Enterprise, expanding in functionality according to the needs and budgets of clients.

Aspect is the only ETRM/CTRM solutions provider with market data and analytics tools delivered with its trade and risk functions on the same platform.

This provides users with a seamless packaged solution beginning with pre-trade pricing analysis and market assessments via AspectDSC.

Aspect’s solutions are available on desktop, tablets and mobile devices and through its Aspect Partner Program (APP). Media ContactBrigette GebhardAspect+1 347-328-0396bgebhard@aspectenterprise.com

This is your captain speaking… or is it?

In-flight entertainment systems create hacker risk, say researchers Vulnerabilities in Panasonic in-flight entertainment systems create a possible mechanism for attackers to control in-flight displays, PA systems and lighting, say researchers. Ruben Santamarta, principal security consultant at IOActive, said it had found vulnerabilities in Panasonic Avionic In-Flight Entertainment (IFE) systems that it claims could allow hackers to "hijack" passengers’ in-flight displays and, in some instances, potentially access their credit card information.

The research revealed it would also theoretically be possible that such a vulnerability could present an entry point to the wider network, including the aircraft controls domain. “I’ve been afraid of flying for as long as I can remember,” said Santamarta. “It might sound like a sick cure to some but, as a hacker, learning everything I could about how planes work, from the aerodynamics to electronics, has reduced the fear significantly. On a 2014 flight from Warsaw to Dubai, I discovered I could access debug codes directly from a Panasonic inflight display.

A subsequent internet search allowed me to discover hundreds of publicly available firmware updates for multiple major airlines, which was quite alarming. Upon analysing backend source code for these airlines and reverse engineering the main binary, I’ve found several interesting functionalities and exploits.” IFE system vulnerabilities identified by Santamarta might most straightforwardly be exploited to gain control of what passengers see and hear from their in-flight screen, he claimed.

For example, an attacker might spoof flight information values such as altitude or speed, or show a bogus route on the interactive map.

An attacker might also compromise the "CrewApp" unit, which controls PA systems, lighting, or even the recliners on first class seating.
If all of these attacks are applied at the same time, a malicious actor may create a baffling and disconcerting situation for passengers.

Furthermore, the capture of personal information, including credit card details, is also technically possible due to backend systems that sometimes provide access to specific airlines’ frequent-flyer/VIP membership data, said the researcher. Aircraft's data networks are divided into four domains, depending on the kind of data they process: passenger entertainment, passenger-owned devices, airline information services, and finally aircraft control.

Avionics is usually located in the Aircraft Control domain, which should be physically isolated from the passenger domains; however, this doesn’t always happen.

This means that as long as there is a physical path that connects both domains, there is potential for attack.

The specific devices, software and configuration deployed on the target aircraft would dictate whether an attack is possible or not.
Santamarta urged airlines to steer towards a cautious course. “I don’t believe these systems can resist solid attacks from skilled malicious actors,” he said. “As such, airlines must be incredibly vigilant when it comes to their IFE systems, ensuring that these and other systems are properly segregated and each aircraft's security posture is carefully analysed case by case.” IOActive reported these findings to Panasonic Avionics in March 2015.
It only went public this week after giving the firm “enough time to produce and deploy patches, at least for the most prominent vulnerabilities”. Panasonic Avionic’s technology is used by a several major airlines including Virgin, American and Emirates airlines. El Reg asked Panasonic Avionic to comment on IOActive's research but we’ve yet to hear back. We’ll update this story as and when we learn more. The avionics research has some parallels with IOActive’s remote hack of the Jeep Cherokee in 2014, in which hackers took control of the vehicle’s dashboard functions, including steering, brakes, and transmission, through vulnerabilities existing in the automobile’s entertainment system. Once again, it appears entertainment systems have created a potential route into sensitive systems that hackers might be able to exploit. Stephen Gates, chief research intelligence analyst at NSFOCUS, commented: “In the light of this research, physical separation between in-flight entertainment systems and aircraft control systems could never be more important.

As airlines continue to add new customer-based entertainment and information technologies, airlines need to ensure that an impenetrable barrier is in place protecting aircraft control systems. “This research demonstrates that hackers could cause all sorts of issues that could impact a customer’s 'experience' while flying, but have yet to prove they could impact flight control systems,” he added. ® Sponsored: Flash enters the mainstream.
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Qaiwan Group Latest Dubai Based Trading House to Deploy AspectCTRM

Press Release The oil trading arm of Qaiwan Group, a diversified conglomerate based in Kurdistan Region of Iraq, is to deploy AspectCTRM, the cloud-delivered commodities trade and risk management solution, it is announced today. Aspect, which pioneered cloud-delivered CTRM, sealed the deal with Qaiwan’s Dubai-based trading operation bringing 2016 to a close with five new customers in Dubai.

AspectCTRM is due to begin supporting trading at Qaiwan by April 2017.

Aspect’s other 2016 wins in Dubai were all live by the end of September, making Aspect the only CTRM vendor to take any deals from close to live operation in the UAE during 2016. Qaiwan’s Head of Trading Marco Williams said: “We are growing our team of risk managers and traders and need our new people to be able to hit the ground running. We looked at five alternatives and with Aspect we know we have ordered best of breed.

Functionally, AspectCTRM works the way we work, and delivery from the cloud enables Aspect to promise deployment in a matter of weeks from start to go-live, backing up that claim with an impressive list of references both here in Dubai and at other trading centers around the world.” Qaiwan Group is the largest oil trading company in Kurdistan, operating the Bazian Oil Refinery 25 km from Sulaymaniyah, one of only two refineries in the Kurdistan region and producing 40,000 barrels a day.

The refinery is currently the focus of a major modernization and expansion investment program that will see capacity increase to over 125,000 barrels. Aspect’s Managing Director for the Middle East and Africa Fieras Freijeh said: “This is a landmark deal for us, our second with a Kurdistan trading house and our fifth new customer won by our newly-formed Dubai operation in 2016. We are making a major investment in our Dubai team to ensure that we continue to deliver the quick response so valued by our users in the region.” About AspectAspect is a leading global provider of multi-commodity trade, risk and operations management applications delivered Software-as-a-Service (SaaS) in the cloud. With almost 500 customers in 90 countries, it’s one of the fastest growing providers with rapid deployment, affordable subscriptions, and immediate ROI for all size companies.
Solutions include AspectCTRM®, a full-featured commodity trading and risk management enterprise suite for front, middle and back office.
It’s available in three editions: Lite, Standard and Enterprise, expanding in functionality according to the needs and budgets of clients.

Aspect is the only ETRM/CTRM solutions provider with market data and analytics tools delivered with its trade and risk functions on the same platform.

This provides users with a seamless packaged solution beginning with pre-trade pricing analysis and market assessments via AspectDSC.

Aspect’s solutions are available on desktop, tablets and mobile devices and through its Aspect Partner Program (APP).

VXL Software's new Fusion EMM (Enterprise Mobility Management) agent now supports...

Manchester, United Kingdom - Leading developer of software and hardware solutions, VXL, today announces the release of its new Fusion EMM agent update that supports the latest Android Nougat (7.0) operating system.Ensuring all Android mobile devices are optimized for both work and personal use, this new Google release comes with some notable updates to the operating system with an array of enhanced features including more security for data protection, improved management capabilities and increased end-user control. Fusion EMM software Commenting on the new agent, VXL’s VP for Worldwide Sales, Frank Noon, said “Fusion EMM customers will be able to take advantage of Android Nougat as soon as the update is delivered to their device and what’s more VXL will also continue to provide support for additional capabilities when made available by Google.” A browser-based solution which can be provided either as a hosted service, or installed on a company’s network, Fusion EMM software is designed to provide expert management of all Android (& iOS) tablets and smartphones. Enabling IT departments to easily provision devices, add or update applications, manage access to corporate content and strengthen device security, Fusion EMM complements VXL’s existing Fusion UDM Premium, universal device manager, for desktops, laptops and thin clients. Fusion EMM is available in two perpetual license versions, Gold – at US $39 per device – and Platinum – at US $49 per device - with annual support available on either at an affordable cost. “Fusion EMM is set to revolutionise the cost of enterprise mobility management.” “Not only is it a highly effective solution for managing mobile devices, it does so without sacrificing on performance, offering more features than comparable brands as well as providing exceptional value” added VXL’s VP for Worldwide Sales, Frank Noon.
www.vxl.net/emm About VXLEstablished in 1976, VXL is a global provider of leading enterprise software solutions including Ilumineye DS (Digital Signage) Suite, Fusion EMM (Enterprise Mobility Management), Fusion UDM (Universal Device Manager) and CloudDesktop PC repurposing software. This commitment to software innovation is at the core of what VXL represents today, together with a passion to support organizations around the world to successfully build efficient IT infrastructures that are flexible, secure, manageable and affordable. VXL is also home to the world-renowned ‘Itona’ brand of thin and zero client devices and supplies a high-quality range of high-specification models that are made to the most exacting standards.

The line-up includes the very latest dual / quad core high-performance desktops in addition to the Xtona (Citrix-certified) and Vtona (PCoIP VMware-certified) zero clients. VXL’s corporate HQ is based in Mumbai and manufacturing facility in Bangalore, India’s ‘Silicon Valley’, with the Americas Group HQ based in Houston, Texas, USA, and the European HQ in Manchester, UK.

Dedicated sales subsidiaries are also based in key strategic markets including France, Germany, Dubai and Singapore – and VXL’s customer support offices can be found in the USA, Europe and Asia Pacific. For more information, email ian.cope@vxl.net or please visit: www.vxl.net