Latest news with #MichaelRasmussen
Yahoo
28-05-2025
- Business
- Yahoo
Nykredit has completed the recommended voluntary public tender offer for Spar Nord Bank A/S - Nykredit Realkredit A/S
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR TO ANY JURISDICTION WHERE DOING SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION Nykredit has completed the recommended voluntary public tender offer for Spar Nord Bank A/S 28 May 2025 Nykredit has completed the recommended voluntary public tender offer for Spar Nord Bank A/S With reference to Nykredit Realkredit A/S's ('Nykredit') announcement of 23 May 2025, in which Nykredit announced the final result of the voluntary public tender offer submitted by Nykredit (the 'Offer'), Nykredit now announces that the Offer has been completed and settled as planned. Compulsory acquisition, delisting and changes to the management and articles of association As Nykredit has obtained an ownership interest corresponding to more than 90 per cent of the share capital and the associated voting rights in Spar Nord Bank (excluding treasury shares), it is Nykredit's intention to initiate and complete a compulsory acquisition of the shares held by the remaining Spar Nord Bank shareholders in pursuance of sections 70-72 of the Danish Companies Act. Nykredit furthermore intends to seek to have the Spar Nord Bank shares removed from trading and official listing on Nasdaq Copenhagen A/S. In this connection, Nykredit will request Spar Nord Bank to convene an extraordinary general meeting at which Nykredit will propose changes to the board of directors of Spar Nord Bank and changes to Spar Nord Bank's articles of association. Detailed information on compulsory acquisition, delisting and extraordinary general meeting will be published in separate announcements. In connection with Nykredit completing the recommended voluntary public tender offer for Spar Nord Bank A/S, Michael Rasmussen, Group Chief Executive, comments: 'I have been looking forward to welcoming everyone at Spar Nord – customers and colleagues alike – to the Nykredit Group. Our two strong banks now join forces. Both of us are experiencing growth, customer inflows, and high customer satisfaction. Together, we can show even more customers that there is a customer-owned alternative in the financial sector and stand even stronger in the competition with the largest listed banks. Having completed the transaction, we will spend the coming period getting to know each other better. Much will therefore be as before – both for customers and colleagues. Naturally, our primary focus will be on meeting the needs of our customers. At the same time, the Nykredit Group's 'Winning the Double' strategy continues, because partnerships are a crucial part of our group strategy. Our partners can therefore expect us to further engage and invest in our important communities in Totalkredit, BEC, Sparinvest, nærpension and Privatsikring. These partnerships ensure that we together stand stronger in the Danish financial market and in our interaction with customers.' Additional information Contact persons: Investor contact: Morten Bækmand, Head of Investor Relations, Nykredit (+45 2339 4168) Media contact: Orhan Gökcen, Head of Press, Nykredit (+45 3121 0639) Attachment Nykredit has completed the recommended voluntary public tender offer for Spar Nord BankSign in to access your portfolio
Techday NZ
23-04-2025
- Business
- Techday NZ
Diligent unveils AI tool to streamline risk management for firms
Diligent has introduced AI Risk Essentials, an AI-powered solution intended to help organisations identify, benchmark, and mitigate enterprise risks. AI Risk Essentials is designed to streamline the initiation and development of an enterprise risk management (ERM) programme. According to Diligent, the new solution can be deployed in under a week, providing governance, risk, and compliance (GRC) professionals with tools to rapidly prepare for board discussions, evaluate risks, conduct assessments, establish mitigation strategies, and monitor risk management activities. The AI-powered tool leverages benchmarking risk data extracted from over 120,000 SEC 10-K filings, offering organisations access to a wide dataset for comparing and evaluating their risk positions. This enables users to benchmark against peers, identify blind spots, and expedite the construction of their risk registries. The introduction of AI Risk Essentials follows Diligent's previous AI-focused initiatives, such as the GovernAI suite within the Diligent One Platform. Both products aim to facilitate governance and risk processes for boards, executives, and legal professionals, with an emphasis on maintaining security and responsible application of AI technologies. Market research cited by Diligent indicates that more than 77% of directors report receiving regular board-level discussions regarding new risks and their implications. The demand for improved benchmarking data and risk management solutions is growing as regulatory and environmental changes introduce new challenges. Michael Rasmussen, GRC Analyst, Influencer & Pundit at GRC 20/20, commented on the potential impact of AI-driven risk tools on organisational resilience. "Leveraging advanced AI-driven solutions like Diligent AI Risk Essentials enables organisations not only to quickly identify and assess these uncertainties but also to strategically benchmark their risks against industry standards. Integrating these insights into decision-making empowers leaders to proactively mitigate risk, align their ERM programs with strategic objectives, and ultimately drive resilience and agility in achieving their organisational goals," Rasmussen said. Diligent highlights the continued reliance on manual risk tracking methods, such as spreadsheets, within many organisations; only 32% describe their risk oversight as mature or robust. AI Risk Essentials is intended to address these gaps and, in combination with other features of the Diligent One Platform, delivers a range of functionalities, including AI-driven risk identification, benchmarking suggestions based on SEC 10-K data, and tools for collaborative risk assessment with stakeholders. The solution offers capabilities such as streamlined risk assessments, where teams can collaborate to evaluate the potential impact and likelihood of strategic risks. Risk mitigation plans are consolidated in a single, easily accessible environment to improve accountability and visibility. Users are provided with an interactive risk heatmap to visualise the severity of risks, guiding the prioritisation of their risk management initiatives. Additionally, AI Risk Essentials grants access to Diligent's Education and Templates Library. This repository includes a variety of resources for board members, executives, and legal professionals, as well as a newly launched ERM Certification, supporting best practices for risk maturity and the development of organisational risk literacy. Scott Bridgen, General Manager, Risk & Audit at Diligent, commented on the evolving risk landscape and the need for AI-driven tools. "The volume and complexity of risk management have increased exponentially in the last five years, but most organisations are hampered by varying levels of risk maturity, resourcing and inadequate tools," Bridgen stated. "Now, by leveraging AI-powered insights and benchmarking capabilities, organisations of any size can quickly identify, assess and mitigate risks. Governance and risk professionals can effectively jumpstart or enhance an enterprise risk management program in time for their next board meeting." AI Risk Essentials is positioned as part of Diligent's broader three-tier ERM suite, which has been recognised by analysts including Forrester, Gartner, and IDC. The ERM suite comprises a range of scalable solutions to support clients as their risk management practices mature and they require advanced functionality.
Yahoo
23-04-2025
- Business
- Yahoo
Diligent Unveils AI Risk Essentials to Accelerate Risk Management and Elevate Governance
New AI-powered solution empowers organizations to identify, benchmark and mitigate risk efficiently NEW YORK, April 23, 2025--(BUSINESS WIRE)--Diligent, the leading governance, risk and compliance (GRC) SaaS company, today announced Diligent AI Risk Essentials (AI Risk Essentials), a new solution designed to initiate and strengthen an organization's enterprise risk management (ERM) program. Supported by benchmarking risk data from SEC 10-K filings, AI Risk Essentials can be implemented in less than a week, enabling GRC professionals to immediately prepare for board-level discussions, swiftly identify risks, conduct risk assessments, implement mitigation strategies and monitor progress. AI Risk Essentials builds on Diligent's track record of AI innovation, including the release of GovernAI, a suite of AI-powered features within the Diligent One Platform designed to streamline governance and risk workflows, saving valuable time for boards, executives and legal professionals while ensuring the highest levels of security and responsible AI usage. With more than 77% of directors reporting that their board regularly discusses new risks and implications for the company, the demand for enhanced benchmarking data and risk management solutions is on the rise. AI Risk Essentials provides organizations with access to over 120,000 risks from SEC 10-K filings, allowing them to easily benchmark against their peers, identify potential blind spots and expedite building their risk register. "Leveraging advanced AI-driven solutions like Diligent AI Risk Essentials enables organizations not only to quickly identify and assess these uncertainties but also to strategically benchmark their risks against industry standards," said Michael Rasmussen, GRC Analyst, Influencer & Pundit, GRC 20/20. "Integrating these insights into decision-making empowers leaders to proactively mitigate risk, align their ERM programs with strategic objectives, and ultimately drive resilience and agility in achieving their organizational goals." The need for a sophisticated, AI-powered ERM solution is more pressing than ever with only 32% of organizations characterizing their risk oversight practices as mature or robust and many still relying on manual tools such as spreadsheets. AI Risk Essentials – in addition to other AI capabilities on the Diligent One Platform – provides teams with: AI-powered risk identification and benchmarking data: Providing a comprehensive starting point for effective risk management through AI-assisted benchmarking suggestions using SEC 10-K risk data. Streamlined risk assessments: Enabling collaboration with risk owners to set impact and likelihood of strategic risks, ensuring an accurate understanding of risk exposure. Simplified risk mitigation plans: Making risk mitigation straightforward by consolidating all essential information, ensuring clear visibility and accountability. An interactive risk heatmap: Allowing users to visualize risk severity, gain actionable insights and help prioritize their strategic focus. Access to Diligent's Education and Templates Library: Including a wide range of board, executive and legal resources along with the newly released ERM Certification, designed to promote best practices for enhancing risk maturity and developing risk literacy. "The volume and complexity of risk management have increased exponentially in the last five years, but most organizations are hampered by varying levels of risk maturity, resourcing and inadequate tools," said Scott Bridgen, General Manager, Risk & Audit at Diligent. "Now, by leveraging AI-powered insights and benchmarking capabilities, organizations of any size can quickly identify, assess and mitigate risks. Governance and risk professionals can effectively jumpstart or enhance an enterprise risk management program in time for their next board meeting." AI Risk Essentials is a component of Diligent's three-tier ERM product suite, which has garnered accolades from leading analysts such as Forrester, Gartner and IDC. The ERM product suite offers a range of solutions that scale with clients' needs as they mature and require more advanced ERM solutions. For more information about Diligent AI Risk Essentials, visit: Diligent will host its inaugural AI Innovations Virtual Summit on Wednesday, April 30th to showcase how AI is transforming governance, risk and compliance. Attendees will hear from experts and learn best practices for improved decision-making and building organizational resilience using AI. Register now at: About Diligent Diligent is the leading governance, risk and compliance (GRC) SaaS company, empowering more than 1 million users and 700,000 board members to elevate governance and clarify risk. The Diligent One Platform gives practitioners, the C-suite and the board a consolidated view of their entire GRC practice so they can more effectively manage risk, build greater resilience and make better decisions, faster. Learn more at Follow Diligent on LinkedIn and Facebook. View source version on Contacts Media Michele SteinmetzSenior Communications Director, Diligent+1-215-817-5610msteinmetz@ Sign in to access your portfolio
Associated Press
15-04-2025
- Business
- Associated Press
Razz Orthodontics Introduces Damon Ultima Braces for Faster, More Comfortable Smiles
04/14/2025, Flower Mound, TX // KISS PR Brand Story PressWire // Razz Orthodontics, led by renowned orthodontist Dr. Razz, is proud to offer the latest advancement in orthodontic technology: Damon Ultima braces. Known for their precision, comfort, and speed, Damon Ultima braces represent a major leap forward in how patients experience orthodontic treatment. As a trusted name in orthodontics throughout Flower Mound and surrounding communities, Dr. Razz continues to lead the way by offering innovative, patient-focused solutions. Damon Ultima braces are the newest generation of self-ligating braces from the Damon System—a treatment option that has transformed the smiles of millions worldwide. 'We're excited to offer Damon Ultima braces to our patients because they deliver outstanding results with greater comfort and efficiency,' says Dr. Razz. 'I'm privileged to know one of the doctors who first tested this bracket system as it was launched, and he found that he was finishing patients eight months faster on average! I've found that to be true for my patients too. Our goal has always been to provide high-quality, individualized care, and this system helps us do that even better.' What Makes Damon Ultima Braces Different? Damon Ultima braces are designed to move teeth more precisely and with less friction than traditional braces. This unique system uses passive self-ligating technology, which means: An Investment in the Future of Orthodontics At Razz Orthodontics, embracing innovation is part of the practice's commitment to delivering exceptional care. Damon Ultima braces allow for greater control and predictability during treatment, helping Dr. Razz create beautiful, healthy smiles that last a lifetime. Patients and families looking for an advanced, efficient alternative to traditional braces are encouraged to schedule a consultation and learn more about how Damon Ultima braces can make a difference. About Razz Orthodontics Razz Orthodontics is a leading orthodontic practice in Flower Mound, TX, known for its welcoming environment, cutting-edge treatment options, and commitment to exceptional patient care. Dr. Razz and his experienced team specialize in creating personalized treatment plans using the latest technologies, including Invisalign, Spark, and Damon Ultima braces. Whether you're a teen, adult, or parent looking for the best care for your child, Razz Orthodontics is here to help you smile with confidence. ### Media Contact Dr. Michael Rasmussen Razz Orthodontics 5401 Long Prairie Rd suite 300, Flower Mound, TX 75028 [email protected] newsroom: Source published by Submit Press Release >> Razz Orthodontics Introduces Damon Ultima Braces for Faster, More Comfortable Smiles
Yahoo
05-03-2025
- Business
- Yahoo
Convening of annual general meeting of Totalkredit A/S
To Nasdaq Copenhagen 5 March 2025 Convening of annual general meeting of Totalkredit A/S Totalkredit A/S will hold its annual general meeting on Thursday, 20 March 2025 at 10:00 at the Company's offices at Sundkrogsgade 25, DK-2150 Nordhavn. -o0o- Agenda: The Directors' report on the Company's activities in the past year. Presentation of the Annual Report 2024 for approval and resolution on the discharge of the Board of Directors and Executive Board. Proposal for the appropriation of profit according to the approved Annual Report. Proposal for amendment of the Company's Articles of Association. Election of members of the Board of Directors. Appointment of auditors and sustainability auditors. Remuneration matters, including the Remuneration Policy and remuneration report for approval. Any other business. The agenda of the Company's general meeting, the updated Remuneration Policy, the remuneration report, the Company's Annual Report as well as the updated Articles of Association will be available for inspection by the shareholders at the Company's address prior to the general meeting. In item 4 on the agenda, the Board of Directors proposes amending the Articles of Association of the Company, whereby the Board of Directors forms a quorum when more than half its members are represented. Item 5 of the agenda proposes re-election of Michael Rasmussen, David Hellemann, Anders Jensen and Pernille Sindby for the Board of Directors. As item 6 on the agenda the Board of Directors proposes re-appointment of EY Godkendt Revisionspartnerselskab as auditors of the Company and appointment of EY Godkendt Revisionspartnerselskab as sustainability auditors of the Company. Admittance to the general meeting is subject to collection of an admission card at least three days prior to the general meeting. It should be noted that Nykredit Realkredit A/S owns all the shares of the Company. Copenhagen, 5 March 2025 Totalkredit A/SBoard of Directors Questions may be addressed to Press Relations, tel +45 31 21 06 39. Attachment Notice to general meeeting - Totalkredit AS - 05032025Sign in to access your portfolio
