Latest news with #CloudSolutions
Finextra
5 days ago
- Business
- Finextra
Rand Merchant Bank signs with Surecomp
Surecomp today announced that Rand Merchant Bank (RMB), has selected its award-winning Trade Finance-as-a-Service (TFaaS) solution to drive seamless digital trade finance operations and international expansion. 0 With an initial rollout in South Africa, the cloud-based solution will be extended to other markets as RMB strengthens its presence across key global markets. Surecomp's TFaaS will ensure straight-through processing (STP) automation and seamless trade finance communication between RMB and its clients, enabling faster processing times and enhanced operational oversight. The solution's cloud-native architecture ensures resilience, security and future-proof scalability. 'An API-first technology architecture is critical to our modernization journey, to support interoperability, scalability and flexibility in our system design, and accelerate innovation and time to market. This approach supports an omnichannel experience where clients and the broader trade finance ecosystem can interact with banking services in various ways,' said Gavin Moss, Chief Information Officer - Treasury and Trade Solutions at RMB. The adoption of TFaaS represents a strategic shift for RMB, enabling streamlined trade finance operations with reduced capital expenditure and cost of ownership through a fully SaaS-based model. The move to the cloud ensures certainty of costs while offering the infrastructure to support future transaction growth and volume increases. Additionally, the solution ensures regulatory compliance, including adherence to SWIFT messaging standards, minimizing operational risk while enhancing transaction transparency and efficiency. "As we continue to expand our international trade finance footprint, it is imperative that we leverage best-in-class technology to ensure efficiency, compliance, and superior client service," said Louis du Plessis, Executive Head - Trade and Working Capital at RMB. "Surecomp's TFaaS solution provides the automation, integration and cost predictability we need to meet our growth ambitions while seamlessly supporting our clients' evolving trade finance requirements." "We are proud to partner with RMB in its digital trade finance transformation journey," said Tal Weiser, Chief Revenue Officer at Surecomp. "By choosing TFaaS, RMB is embracing a cloud-first approach to trade finance, benefiting from straight-through processing, lower operational costs, and a scalable solution that aligns with their long-term strategic growth objectives."
Tahawul Tech
13-05-2025
- Business
- Tahawul Tech
Redington earns AWS Security Competency Designation
Redington, a leading technology aggregator and innovation powerhouse across emerging markets, has announced a major milestone: achieving the AWS Security Competency in the Infrastructure Protection category. This designation positions Redington as the first AWS Partner in the Middle East to achieve Security Competency – and the first distributor globally to secure designation in the Infrastructure Protection category. The AWS Security Competency recognizes partners who have demonstrated deep expertise in securing AWS environments, validated through rigorous technical and proven customer success. Infrastructure Protection is one of the eight specialised categories under this competency, focusing on fortifying networks, applications, and workloads against evolving threats. 'Security has become the cornerstone of every cloud journey, especially as enterprises scale migrations to AWS', said Nehal Sharma, Vice President, Cloud Solutions Group, Redington. 'Achieving the AWS Security Competency in Infrastructure Protection is a proud moment — not just because it's a badge of honour, but because it reflects our deep commitment to helping customers build, manage, and secure their cloud environments with complete confidence'. Redington's journey toward this competency involved a 12-month transformation, including the creation of a dedicated Security Practice team and the upskilling of its cloud delivery engineers — with 8 team members earning the AWS Certified Security–Specialty certification. The company institutionalised security best practices across its operations, from automating controls using Infrastructure as Code, to deploying centralised frameworks with AWS Control Tower, and ensuring continuous compliance with AWS Config, Inspector, and Security Hub. Achieving this competency has significantly strengthened Redington's market position. It has enhanced trust with partners and customers, especially in secure migration and managed services, and deepened collaboration with AWS teams and ISV partners to co-create integrated security offerings across identity, endpoint, and data security. 'This milestone validates the strength of our security practice — but more importantly, it's a catalyst for us to keep innovating', added Sharma. 'Our mission is to make world-class cloud security accessible to every customer in the region, ensuring they can scale confidently in an increasingly complex threat landscape'. Image Credit: Redington
Yahoo
26-03-2025
- Business
- Yahoo
Buy the Dip: 3 Stocks to Buy Today and Hold for the Next 5 Years
Written by Sneha Nahata at The Motley Fool Canada The macro uncertainty has weighed on the top TSX stocks, lowering their prices. However, this dip represents a buying opportunity in shares of companies with strong fundamentals and significant growth prospects. With this background, here are three stocks to buy today and hold for the next five years. Shopify (TSX:SHOP) stock has dropped 14.5% from its 52-week high on broader macro concerns. However, this dip might be an attractive entry point for long-term investors as Shopify's fundamentals remain solid. The company continues to perform exceptionally well, with steady revenue growth and improving profitability. It's worth noting that Shopify is expanding its merchant base and attracting high-volume global brands. This strengthens its position in the e-commerce space. Further, its gross merchandise volume (GMV) continues to rise, driving its top line. Beyond top-line growth, Shopify is focused on boosting its operational efficiency. The company has reported nine consecutive quarters of positive free cash flow. Shopify's durable revenue, asset-light business model, focus on improving margins, and strong free cash flow position it well to navigate economic headwinds and deliver above-average returns. The increasing adoption of its integrated commerce platform, expansion into offline retail, and opportunities in the B2B sector all provide significant upside potential. Additionally, international markets, particularly outside North America, represent a significant growth opportunity as e-commerce adoption accelerates globally. Overall, Shopify is well-positioned to deliver solid growth in the coming years. Celestica (TSX:CLS) stock has dipped 32.7% from its 52-week high of $206.57, presenting a compelling opportunity to buy and hold this high-growth stock for the next five years. The company stands to gain from rising artificial intelligence (AI) infrastructure spending, with strong growth in its Connectivity & Cloud Solutions (CCS) segment, particularly in networking products. The demand for Celestica's 400G networking switches is already strong, and the company is ramping up next-generation 800G switches, which will further accelerate growth. As AI adoption expands and training costs decline, the need for high-bandwidth, low-latency networking hardware will surge, boosting Celestica's financials. Beyond AI, Celestica's industrial business is showing signs of recovery after a slowdown caused by macroeconomic factors and customer inventory adjustments. Management expects volumes to pick up in the second half of 2025. Meanwhile, demand for capital equipment has been improving and is projected to strengthen further as new programs ramp up. In its Aerospace and Defense segment, steady base demand and new program wins provide additional stability and long-term growth potential. With multiple tailwinds, Celestica is well-positioned to capitalize on AI-driven infrastructure investments and a broader recovery in its other segments. WELL Health (TSX:WELL) stock has dropped about 28% from its 52-week high. This dip presents an opportunity to buy the shares of this digital healthcare company, which is growing rapidly. The company's top line is growing at a healthy pace, driven by higher omnichannel patient visits and benefits from acquisitions. WELL Health will deliver solid growth, driven by ongoing strength in organic sales and its robust acquisition pipeline. At the same time, it's leveraging AI to develop innovative products that will enhance patient care and strengthen its financial position. Beyond expansion, WELL Health is taking steps to strengthen its financial position. It has been working on increasing cash flow, paying debt, and keeping share dilution in check. Additionally, its ongoing cost optimization efforts are expected to improve profitability, helping the company maintain its growth trajectory and deliver strong returns to investors. From a valuation perspective, WELL Health stock looks attractive. It trades at a next-12-month enterprise value-to-sales multiple of 1.6, which is lower than its historical average. This suggests the stock is undervalued, offering investors an excellent entry point. The post Buy the Dip: 3 Stocks to Buy Today and Hold for the Next 5 Years appeared first on The Motley Fool Canada. Before you buy stock in Celestica Inc., consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Celestica Inc. wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $20,697.16!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 29 percentage points since 2013*. See the Top Stocks * Returns as of 3/20/25 More reading Best Canadian Stocks to Buy in 2025 Here's Exactly How $15,000 in a TFSA Could Grow Into $200,000 4 Secrets of TFSA Millionaires Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Sneha Nahata has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Shopify. The Motley Fool has a disclosure policy. 2025 Sign in to access your portfolio
Zawya
25-02-2025
- Business
- Zawya
Etihad Salam Telecom Company and Cloud Solutions announce collaboration to accelerate innovation in Saudi healthcare sector
Riyadh, Saudi Arabia: Etihad Salam Telecom Company, a leading provider of telecommunications services in Saudi Arabia, today announced a collaboration with Cloud Solutions at LEAP 2025. This strategic partnership underscores a shared vision to redefine the digital healthcare landscape, delivering transformative solutions that meet the evolving needs of healthcare providers and patients across the Kingdom, significantly advancing the digital transformation of the kingdom's health sector for both private and public entities. Digital healthcare is reshaping the future of medicine in Saudi Arabia by transforming healthcare accessibility and efficiency as part of Vision 2030. These advancements are expected to increase digital health users to over 16 million by 2029 in Saudi Arabia. Additionally, online doctor consultations continue to grow in popularity, with an estimated 1.3 million users in 2024 alone. To address these growing demands, Salam and Cloud Solutions are combining their expertise to create healthcare services that are efficient, patient-centric, and seamlessly integrated, indicating a substantial upsurge in the adoption of digital healthcare initiatives. Cloud Solutions goes beyond traditional IT solutions, offering comprehensive, end-to-end systems that empower patients with seamless access to their medical records anytime, anywhere. As the leading provider of Health Information Systems (HIS) in Saudi Arabia and the second largest in the Middle East, Cloud Solutions continues to set industry benchmarks. Through its expertise in cloud platforms, mobile applications, online payments, and integrated digital health records, Cloud Solutions ensures healthcare providers can optimize resources, reduce costs, and improve patient satisfaction. Salam's robust telecommunications infrastructure complements these capabilities, offering secure and reliable connectivity essential for modern healthcare services. Together, the two companies aim to harness their combined strengths to leverage AI-driven technologies in delivering next-generation healthcare solutions in Saudi Arabia, including telemedicine, patient tracking, and real-time data insights, thus meeting the evolving healthcare needs of the population. Abdullah Mohammed Khorami, Etihad Salam Telecom Company's Chief Business Office r, said: 'Our partnership with Cloud Solutions Company is in alignment with our commitment to driving human-inspired innovation. Together, we are setting a new standard for healthcare by empowering providers with digital solutions that are not only advanced but also intuitive and accessible, ensuring the highest levels of care for patients across the kingdom.' The collaboration is driven by a shared vision to evolve traditional healthcare delivery into a model that is more aligned with today's digital age, offering unprecedented access and convenience to healthcare providers and patients alike. By focusing on innovation and operational excellence, Salam and Cloud Solutions aim not only to enhance the operational efficiency of healthcare providers but also to significantly improve patient experience and outcomes, creating a resilient and accessible healthcare ecosystem. Eng. Abdulelah Al Mayman, CEO at Cloud Solutions, added: 'Our partnership with Etihad Salam Telecom Company represents a transformative step in the healthcare industry. By merging our innovative digital solutions with Etihad Salam Telecom Company's world-class telecommunications infrastructure, we're not only addressing the current demands of the healthcare sector but also anticipating and addressing future challenges. Together, we're building a more connected, accessible, and resilient healthcare system.' Etihad Salam Telecom Company and Cloud Solutions are committed to shaping a future where healthcare services are more accessible, reliable, and secure, ensuring the health sector's resilience and ability to meet the demands of the modern world. About Etihad Salam Telecom Company Etihad Salam Telecom Company is one of the leading national companies in Saudi Arabia's telecommunications and information technology sector. Recognized as the Kingdom's fastest-growing and most innovative telecom brand, Salam has operated one of the region's most established telecom networks since 2005. The company provides cutting-edge ICT solutions for businesses, government entities, and carriers locally and internationally, along with fixed and mobile services supporting Saudi Arabia's digital transformation. As a key enabler of Saudi Vision 2030, Salam offers advanced telecommunications, cloud computing, data centers, and digital infrastructure. Its subsidiaries, Salam Mobile Telecom Company and Technical Links Services (TLS) ensure the delivery of innovative solutions and seamless connectivity across the Kingdom. For more information, please visit: About Cloud Solutions Cloud Solutions is a premier digital transformation partner, specializing in innovative healthcare solutions that empower providers and patients alike. For over 15 years, Cloud Solutions has delivered tailored Health Information Systems, ERP solutions, and seamless integrations, making it the leading HIS provider in Saudi Arabia. The company's solutions improve resource utilization, reduce costs, and enhance patient experiences. From flagship greenfield projects to seamless integration with existing systems, Cloud Solutions provides comprehensive, end-to-end support. Trusted by government and private clients, Cloud Solutions continues to set the benchmark for excellence in healthcare innovation.
Leaders
06-02-2025
- Health
- Leaders
Saudi Arabia Digitalizes Prescription of Controlled Drugs
Saudi Arabia's Ministry of Health has replaced the paper-based system in medical prescription and launched a new system for the electronic prescription and dispensing of narcotic, psychotropic and controlled drugs. The Kingdom's health authorities announced that the new system is based on a national platform for the prescription, dispensing and control of this type of medication, Gulf News reported. As part of the health sector's digital transformation, the new platform will ensure the proper prescription and dispensing of narcotic and psychotropic drugs in all health facilities across the Kingdom. Crucially, the platform will enhance safety for all users through the strict monitoring and follow up on narcotic, psychotropic and controlled drugs. Moreover, users will have an exclusive feature to access these digital prescriptions and download them via the government app 'Sehhaty' in PDF format. Therefore, it will further boost regulatory coordination at health facilities across the Kingdom. Furthermore, health practitioners will have an opportunity to check the history of relevant prescriptions for these e-prescription for narcotic, psychotropic as well as controlled drugs. It is worth noting that the new system allows tracking the dispensing of this type of drugs through pharmacies licensed to dispense them, whether governmental, community or private. Thus, it establishes an electronic linkage and integration between all health facilities. Related Topics: Tawakkalna App Revolutionizes Saudi Digital Transformation with Access to 600 Services Diriyah Company Advances Digital Transformation with SAP Cloud Solutions Digital Transformation in Saudi Healthcare: Telemedicine's Growing Role in Patient Care Short link : Post Views: 40
