European DataWarehouse Opens Bangalore Office
FRANKFURT, Germany & BANGALORE, India--(BUSINESS WIRE)--European DataWarehouse (EDW), Europe's first securitisation repository, today announced the opening of a new office in Bangalore, India. This strategic expansion underscores EDW's continued commitment to technological innovation and excellence in client service across global markets.
European DataWarehouse (EDW), Europe's first securitisation repository, today announced the opening of a new office in Bangalore, India.
Share
The Bangalore office will serve as a center for IT operations, software development, and support for EDW's flagship platforms, EDITOR and EDVANCE. It will also enable round-the-clock service for clients operating in non-European time zones and bring previously outsourced IT services in-house—enhancing security, responsiveness, and development agility.
The new office will be led by Gopala Sankaran, Chief Technology Officer at European DataWarehouse, who joined the company in 2014 and brings extensive expertise in global tech strategy and development.
Dr. Christian Thun, CEO of European DataWarehouse, commented:
'Establishing a presence in India is an important and exciting step for EDW. Bangalore is home to some of the world's best technology talent, and this expansion enables us to accelerate innovation while enhancing service for our clients across continents.'
Gopala Sankaran, CTO, added:
'We're proud to deepen our global footprint with a vibrant new base in Bangalore. This office not only allows us to scale up development of our regulatory product portfolio but also to serve our clients more efficiently, no matter where they are in the world. It's a strong step forward in our mission to deliver reliable, forward-thinking solutions in the securitisation space and beyond.'
The Bangalore team will play a key role in supporting European DataWarehouse's growing global user base and driving the evolution of its technology platform in a dynamic financial landscape.
The establishment of the Bangalore office marks a significant milestone in European DataWarehouse's international expansion. It becomes the company's third operational location, complementing its headquarters in Frankfurt, Germany, and the London office, which opened in 2018 to support operations of EDW's UK subsidiary, European DataWarehouse Ltd.
About European DataWarehouse GmbH
European DataWarehouse (EDW) is a designated Securitisation Repository, authorised by both the European Securities and Markets Authority (ESMA) and the UK's Financial Conduct Authority (FCA). Established in 2012, EDW was the first repository of its kind in Europe, created to improve transparency and support due diligence in the asset-backed securities (ABS) market.
EDW collects, validates, and provides access to standardised loan-level data and related documentation for ABS transactions and private whole loan portfolios. By serving as a central data hub, EDW enables investors, issuers, and regulators to efficiently analyse and compare portfolios, fostering greater trust and efficiency in the securitisation ecosystem.
To learn more or stay up to date with our latest insights and developments, visit www.eurodw.eu / www.eurodw.co.uk or follow us on LinkedIn.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
an hour ago
- Business Wire
DigitalOcean and AMD Collaborate to Advance AI Using Cloud-Based GPUs
NEW YORK--(BUSINESS WIRE)-- DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud for digital native enterprises, today announced a collaboration with AMD that provides DigitalOcean customers with access to AMD Instinct™ GPUs as DigitalOcean GPU Droplets to power their AI workloads starting with the AMD MI300X GPUs. Later this year, DigitalOcean will offer AMD Instinct™ MI325X GPUs, further expanding access to powerful and affordable GPU models. AMD Instinct™ MI325X GPU accelerators set new AI performance standards, delivering incredible performance and efficiency for training and inference. AMD Instinct MI300X GPUs deliver leadership performance for accelerated high-performance computing (HPC) applications and the newly exploding demands of generative AI. With the AMD ROCm™ software platform, customers can develop powerful HPC and AI production-ready systems faster than ever before. Its large memory capacity allows it to hold models with hundreds of billions of parameters entirely in memory, reducing the need for model splitting across multiple GPUs. By combining powerful AMD AI compute engines and DigitalOcean's cloud technologies, the collaboration aims to empower the massive community of digital native enterprises to integrate AI into their applications and support the most demanding AI workloads at scale. These next-generation GPUs have already been available in bare metal configurations for customers seeking increased control and computing power. These GPUs are now also available as GPU Droplets or as DigitalOcean Kubernetes worker nodes. The GPU Droplets are available both as single and eight GPU configurations, allowing customers to optimize costs for their specific use cases. Accessing these GPU Droplets through DigitalOcean offers several key benefits, including competitive pricing at $1.99/GPU per hour, a simple setup process, and enterprise-grade SLAs. While other cloud providers require multiple steps and deep technical knowledge to configure security, storage, and network requirements, DigitalOcean's GPU Droplets can be set up with just a few clicks. In addition to these new GPUs, customers will also have access to AMD Developer Cloud, a new platform powered by DigitalOcean that is purpose-built for rapid, high-performance AI development. Customers will have access to a fully managed environment that provides instant access to AMD Instinct MI300X GPUs—with zero hardware investment or local setup required. Whether fine-tuning LLMs, benchmarking inference performance, or building a scalable inference stack, the AMD Developer Cloud provides the tools and flexibility to get started instantly—and grow without limits. 'DigitalOcean's collaboration with AMD is another proof point to make AI easily accessible to our customers,' said Bratin Saha, Chief Product & Technology Officer at DigitalOcean. 'With access to AMD GPUs, DigitalOcean customers have an extensive portfolio of GPUs with the flexibility of the computing configuration that best suits their requirements.' "At AMD, we are proud to work with DigitalOcean to provide developers with cutting-edge solutions for developer enablement and demanding workloads that require large amounts of memory,' said Negin Oliver, corporate vice president of business development, Data Center GPU Business, at AMD. 'Together, AMD and DigitalOcean are committed to providing the critical innovative technologies required to support the evolving needs of growing tech businesses.' To access AMD Instinct GPUs with DigitalOcean, visit the DigitalOcean website. DigitalOcean is the simplest scalable cloud platform that democratizes cloud and AI for digital native enterprises around the world. Our mission is to simplify cloud computing and AI to allow builders to spend more time creating software that changes the world. More than 600,000 customers trust DigitalOcean to deliver the cloud, AI, and ML infrastructure they need to build and scale their organizations. To learn more about DigitalOcean, visit
Business Wire
an hour ago
- Business Wire
Rosen Law Firm Encourages GeneDx Holdings Corp. Investors to Inquire About Securities Class Action Investigation
NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of GeneDx Holdings Corp. (NASDAQ: WGS) resulting from allegations that GeneDx may have issued materially misleading business information to the investing public. So What: If you purchased GeneDx securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses. What to do next: To join the prospective class action, go to or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@ for information on the class action. What is this about: On February 5, 2025, Grizzly Research published a report entitled 'Insiders Attest that GeneDx (Nasdaq: WGS) Is Actively Committing Widespread Fraud.' This report stated that Grizzly believed that GeneDx's 'growth is largely an illusion, driven by fraudulent schemes and illegal tactics deliberately aimed at exploiting Medicaid and Medicare systems to artificially inflate revenue.' On this news, GeneDx stock fell 6.7% on February 5, 2025. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. At the time, Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by Law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Follow us for updates on LinkedIn: on Twitter: or on Facebook: Attorney Advertising. Prior results do not guarantee a similar outcome.
an hour ago
JetZero plans to build $4.7B plant in North Carolina, aims to create 14,500 jobs
GREENSBORO, N.C. -- GREENSBORO, N.C. (AP) — JetZero Inc. announced plans Thursday to build its first manufacturing plant for a next-generation passenger jet in central North Carolina, a project that if successful would create more than 14,500 jobs there in a decade. The California-based startup intends to build the factory at Greensboro's airport, investing $4.7 billion. The planned hirings from 2027 through 2036 would be the largest job commitment in North Carolina history, according to Gov. Josh Stein. The company previously identified Greensboro as one of three finalists for the factory to build its fixed-wing — also known as all-wing or blended-wing — Z4 aircraft, which JetZero says will be 50% more fuel-efficient than traditional tube-and-wing airliners. JetZero has said it's already received about $300 million in investment in the Z4 project, including a U.S. Air Force grant to build and fly a demonstrator model by 2027. United Airlines and Alaska Airlines also are project investors and have made conditional purchase agreements for their fleets, the company said. JetZero aims for the planes to go into service in the early 2030s, with a goal of completing 20 airplanes per month at full production. Stein, on hand with JetZero executives and other officials for the formal announcement at Piedmont Triad International Airport in Greensboro, cited North Carolina's robust aerospace industry and the first manned powered flights at Kitty Hawk by the Wright brothers in 1903. 'North Carolina is the perfect location,' Stein said. 'North Carolina was first in flight. We are also the future of flight.' The jobs would pay minimum average salaries of more than $89,000, according to the state Department of Commerce, which provided details of the project earlier Thursday to a state committee that awards economic incentives. State and local monetary and training incentives for JetZero and the project described at the committee meeting could exceed $2.3 billion by the 2060s if investment and job-creation thresholds and other requirements are met. A portion of state incentives awarded by the committee — more than $1 billion over 37 years — is based on a percentage of income taxes withheld from plant workers' paychecks. The incentives also include up to $784 million from Guilford County and Greensboro and $450 million from the General Assembly to help with infrastructure, officials said. The project includes a research facility for composite structures. A commerce department official said that JetZero, headquartered in Long Beach, California, looked for over a year for a plant location, examining 25 sites in 17 states. JetZero, currently with just 225 workers, enters a jet purchasing market dominated by industry behemoths U.S.-based Boeing and European Airbus. 'We have already shown strong commercial interest and momentum to meet the real airline demand for this aircraft,' CEO Tom O'Leary said. 'So this is more than just a factory. It's a launchpad for a new chapter of American aerospace.' While a variant of the Z4 would have tanker and transport uses in the military, JetZero has said that it would focus first on building a commercial jetliner with about 250 seats and a range of 5,000 nautical miles. The 5-year-old company says the plane's shape will reduce drag and the mounting of engines on the top and back of the plane will make it much quieter than traditional airliners. The Z4 would run on conventional jet fuel but could be converted to hydrogen fuel, according to JetZero. JetZero says Z4 travelers will board through larger doors and into shorter but wider cabins, and aisles will be less congested as bathrooms will be far away from galleys where meals are prepared. 'It's going to deliver a better passenger experience than you've ever had before on any other plane,' O'Leary said. The state is already home to more than 400 aerospace companies. And the Piedmont Triad airport has emerged as an industry hot spot, with Honda Aircraft placing its headquarters there and Boom Supersonic building its first full-scale manufacturing plant for next-generation supersonic passenger jets. The central location and easy access to interstates also lured Toyota to build an electric battery plant in adjoining Randolph County. North Carolina's previous largest economic development project, measured by employment, was revealed in 2022, when Vietnamese automaker VinFast announced plans to build an electric vehicle manufacturing plant in Chatham County, promising 7,500 jobs.
