Davies acquires MVP Advisory Group

Davies acquires MVP Advisory Group

Specialist professional services and technology business Davies has acquired Chicago-based MVP Advisory Group, a consulting business specializing in advisory and transformation projects for the property & casualty, life, and health insurance markets. MVP Advisory Group bolsters Davies’ offering to insurance markets with its insurance and technology specialists, who manage projects in all areas of the industry from underwriting and claims management to client experience, compliance, finance, data analytics, and information technology. MVP Advisory Group’s expertise also includes program management, quality assurance, and analytic and digital transformation, all of which leverage its clients’ existing capabilities. MVP will join Davies’ global consulting division under the leadership of consulting and technology CEO Mark Grocott. MVP Advisory Group’s managing partners Russ Bostick and Donn Vucovich will continue to lead the business within Davies, working closely with the group’s existing contractor network. All MVP Advisory Group employees will likewise continue in their roles within Davies. Davies strengthens its global consulting and technology capability through the acquisition of US-based insurance specialist consulting business, MVP Advisory Group https://t.co/BdzW8vQ8n8 https://t.co/VxvK2lQbQJ pic.twitter.com/X2ar0QNqbZ — MVP Advisory Group (@MVPAdvisoryGrp) January 30, 2023 The acquisition falls in line with Davies’ recent strategy, which has focused on diversifying and deepening its consulting […]

Why Trust Is The Most Powerful 5-Letter Word In Banking

Why Trust Is The Most Powerful 5-Letter Word In Banking

getty Relationships are built on trust. Earning and maintaining a customer’s trust, however, is complex and multidimensional. At the service execution level, it requires competency, commitment and consistency. For customer communications, it requires clarity and a deep understanding of the customer’s needs and preferences. Around brand identity and message tone, it requires compassion, humility and a strong sense of morals. In terms of the information a customer is willing to share, it requires systems and processes that ensure maximum security and protection. Hard to build and even harder to regain once lost, trust may just be the most powerful five-letter word in banking today. If we narrow it down, trust falls into two categories: delivering consistently exceptional and personalized customer experiences, and protecting customers and their data from cyberattacks. The Balance Between Digital Transformation And Humanization It makes sense that trust would be so integral to ensuring customer loyalty in banking. After all, we’re putting our money and our livelihoods into banks. If we don’t trust the people and organizations tasked with taking care of our money, what is left in the relationship? A customer recently shared she has been with the same bank since she opened her first […]

How digital acceleration can help you out of the downturn

How digital acceleration can help you out of the downturn

The Big Picture Crowdsource Innovation After a turbulent few years, we’re entering an economic downturn with a slowdown in the investment market, as growth for the sake of growth is no longer viable, and profitability returns as a priority. Digital innovation is still necessary, as plenty of untapped opportunities exist to solve actual problems, particularly in sectors like agriculture, education and energy. Using a new approach to innovation called digital acceleration, companies can continuously leverage a little bit of technology to make a huge difference. The tech industry is at a transition point. Investors and market incumbents have been typically attracted to growth, however, the media has been awash with tech business scandals that suggest it will take more than rocket-ship advances, as seen during the big tech boon of earlier years, to launch a viable and sustainable tech outfit. Simultaneously, the ambition to build a new and decentralized internet has seen vast amounts of money go into cryptocurrency and NFT markets, yet sufficient safeguards have not been able to match this wave, making them susceptible to scams. The problems with such a religious commitment to growth as seen previously are not lost on investors and C-suite executives either […]

Ministry pushing educational transformation through digital technology

Ministry pushing educational transformation through digital technology

Secretary General of the Education, Culture, Research, and Technology Ministry, Suharti, at the ‘Acer Edu Summit 2023’ in Jakarta on Tuesday (January 31, 2023). ANTARA/AstridFaidlatulHabibah Jakarta (ANTARA) – The government is carrying out a massive transformation in education with the help of digital technology, Secretary General of the Education, Culture, Research, and Technology Ministry, Suharti, has informed. "The ministry has been transforming education since 2019," she said here on Tuesday. Many policies have been carried out by the ministry to transform the quality of education in Indonesia, for instance, it has organized 22 editions of the Merdeka Belajar (Freedom in Learning) program, which utilizes digital technology immensely, she pointed out. Added to this are programs such as the “Teachers and Schools as Mobilizers” program and the “Merdeka Curriculum,” which has been widely implemented by schools. "Although it is not mandatory, many schools have voluntarily implemented the ‘Merdeka Curriculum’ because the impact has been felt," she explained. The ministry is also assisting in schools’ administrative processes through the SIPLah app and the School Activity Plan and Budget Application (ARKAS) so that schools can focus more on providing education to students. Suharti said she is optimistic that the apps will help […]

Tivity Health Acquires Industry Leading Digital Health and Wellness Platform Burnalong

Tivity Health Acquires Industry Leading Digital Health and Wellness Platform Burnalong

Acquisition will accelerate digital transformation and enhance efforts to support diverse populations and address chronic disease NASHVILLE, Tenn., Jan. 31, 2023 /PRNewswire/ — Tivity Health ® , a leading provider of healthy life-changing solutions, today announced that it has acquired Burnalong ® , a digital health, wellness and fitness platform. The acquisition will accelerate Tivity Health’s efforts to provide consumers with a robust digital platform and extensive health and wellness content, in addition to in-person opportunities through its network of fitness locations. Burnalong will also further enable Tivity Health to support diverse and at-risk populations with condition-specific programming for a range of chronic diseases. Burnalong helps users connect to content tailored to their individual needs with access to more than 5,000 local and community-based instructors who teach more than 30,000 live and on-demand classes. Burnalong also offers programs in more than 60 categories, from traditional fitness to nutrition, financial wellness, adaptive workouts and chronic disease management. Specialty areas of programming include arthritis, pre- and post-natal, hypertension, burnout, MS, stroke, adaptive workouts, caregiver-support, veteran programming, chronic pain, Parkinson’s Disease, cancer, and diabetes. "We’ve been partnering with Burnalong for the past few years, and this was a next logical step in […]

Parvez Sultan Rupani wins 'Arabian Best of the Best Award' for digital transformation with DGTX

Parvez Sultan Rupani wins ‘Arabian Best of the Best Award’ for digital transformation with DGTX

Dubai-based entrepreneur Parvez Sultan Rupani, chairman of DGTX Holdings , was declared the winner of the Arabian Best of Best award for digital transformation Parvez Sultan Rupani , the chairman of DGTX Holdings, was recently awarded with the ‘Arabian Best of Best Award’ for digital transformation. This award recognises individuals and organisations that have made significant contributions to the digital transformation industry in the Arabian region. "I’ve been working from a young age, and today I feel blessed to receive this award after so many failures. I’d like to thank every member of DGTX for their hard work. This is not my achievement. This is our achievement," said Rupani. The Pakistani-born businessman studied in the US and travelled all over the world. Under his leadership, DGTX Holdings has provided cutting-edge solutions to its clients and helped them achieve their digital transformation goals. Rupani is an award-winning entrepreneur with a successful track record in digital transformation. He is a leader who has always been at the forefront of innovation and helped DGTX Holdings become one of the leading companies in digital transformation. Rupani’s ability to stay ahead of the curve has been instrumental in the company’s success, and this award […]

Closing the Digital Divide in Government: 5 Strategies for Digital Transformation

Closing the Digital Divide in Government: 5 Strategies for Digital Transformation

MicroStockHub/Getty Images The IT Modernization Mission Change is seldom easy. Yet for government and public sector executives, the need to modernize has never been greater, as there is a growing digital divide between constituent expectations and what many governments can offer. The COVID-19 pandemic shifted the dynamic when it came to the digital imperative for government. More than ever, citizens are demanding a more connected government with integrated services, relevant experiences and self-driven service connection. Whether it’s paying taxes online or applying for benefits anytime and anywhere with the ease experienced in other aspects of their lives, citizens are seeking a government that is as modern as the technology they use in their daily lives. A failure to move forward with modernization efforts will only lead to a decline in government agencies’ ability to deliver services and potentially reinforce the prevailing view of government as inefficient, out of touch and ambivalent to the needs of its constituents. Today, some agencies are relying on legacy systems running programs that are more than a quarter century old and can no longer be supported or updated. Converting systems and applications of that age, scale and complexity to modern cloud-based solutions is difficult. […]

New Survey Reveals 40% of Companies Experienced a Data Leak in the Past Year

New Survey Reveals 40% of Companies Experienced a Data Leak in the Past Year

SysKit Report Highlighting Effects of Digital Transformation on IT Admins and Governance Landscape Released CAMBRIDGE, England, Jan. 31, 2023 /PRNewswire/ — SysKit , a SaaS software company, has published a report on the effects of digital transformation on IT admins and the current governance landscape. The survey found that 40% of companies experienced a data leak in the previous year, which can have severe consequences on an organization’s efficiency and result in large fines, downtime, and loss of business-critical certifications and customers. Improper implementation of zero trust and full trust approaches can lead to data leaks. Despite their drawbacks, 50% of respondents consider the full trust approach to governance optimal, and 68% believe the zero trust approach limits collaboration capabilities. "We believe both approaches have disadvantages. Organizations lose amazing collaboration features with zero trust, and with full trust, you give up visibility and control over resources in the environment. That’s why we developed a product for Microsoft 365 tenants that cancels out the negative sides of both approaches," said Toni Frankola, CEO of SysKit. The research, conducted in November, surveyed 205 US IT professionals responsible for managing organizations’ IT environments, and accurately represents the targeted population. The survey also […]

US$ 100 million economic impact will generate 8th America Digital Congress México 2023

US$ 100 million economic impact will generate 8th America Digital Congress México 2023

+5,000 C-Levels attendees participate in the event "Mexico is one of the largest global markets with an increasing demand for software and technological solutions, turning the country into one of the largest markets and opportunities in digital transformation in Latin America," said Lesley Robles, director for America Digital. The 8th America Digital Tech & Business Congress México 2023 will bring together leaders of technology and business to discuss the latest advancements and trends in digital technology. The congress will be held on June 21 and 22, 2023 at the World Trade Center in Mexico City, with an expected impact of over $100 million in the digital economy of the region. This event aims to provide a platform for professionals in the tech and business industries to connect and collaborate, with a focus on how technology can be applied to drive business growth, innovation and optimization of process. Attendees can expect to hear from keynote speakers and panelists on a wide range of topics, including artificial intelligence, IoT, open banking, blockchain, cybersecurity, big data, digital transformation, cloud, venture capital and more. "Mexico is one of the largest global markets with an increasing demand for software and technological solutions, turning the […]

UST Acquires Prodigy Labs, Enhancing its Ability to Drive Digital Transformation in the Financial Sector in Canada

UST Acquires Prodigy Labs, Enhancing its Ability to Drive Digital Transformation in the Financial Sector in Canada

Addition of enhanced end-to-end financial solutions further strengthens UST’s comprehensive portfolio of services TORONTO and ALISO VIEJO, Calif., Jan. 31, 2023 /PRNewswire/ — UST , a leading digital transformation solutions company, has acquired TCB Corporation , a Canadian technology service company that operates under the name of Prodigy Labs , as part of a deal with Prodigy Ventures Inc. (TSXV: PGV) that will be worth up to CAD12.5 million . A leading provider of innovative technology solutions, Prodigy Labs plays an active role helping financial services firm drive comprehensive digital transformation campaigns. The acquisition significantly strengthens UST’s position in the financial services sector. This latest strategic move aligns with UST’s focus on delivering modern solutions that help financial institutions accelerate their digital transformation. The acquisition of Prodigy Labs will allow UST to develop solutions that make it easier for financial institutions to fully participate in the rapidly expanding financial services landscape. In addition to further strengthening the company’s digital transformation capabilities in the financial services sector, the acquisition expands UST’s presence in the Canadian market. "The Canadian financial sector is evolving in a number of exciting ways, and the acquisition of Prodigy Labs will position UST for long term […]