Community Capital Bancshares, Inc. (the "Company") today announced that it has notified Nasdaq of its intent to withdraw the Company's common stock from listing on The Nasdaq Stock Market LLC. The Company also announced that it intends to deregister the Company's common stock under Sections 12(b), 12(g) and 15(d) of the Securities Exchange Act of 1934 (the "Exchange Act"). The Company will file the applicable forms with the Securities and Exchange Commission ("SEC") to delist and deregister its common stock under the Exchange Act no fewer than ten days after the date of its notice to Nasdaq. As a result, the Company's obligations to file annual, quarterly and current reports under the Exchange Act will be suspended ten days after such filing with the SEC and its proxy statement, Section 16 and other Section 12(g) filing responsibilities will terminate effective 90 days after the filing. However, the Company and its subsidiaries, Albany Bank & Trust, N.A. and AB&T National Bank, will continue to file publicly available reports as to their business, management and financial condition with the Office of Comptroller of the Currency, FDIC and other regulatory agencies. Additionally, the Company will provide copies of these reports to the Over-the-Counter Bulletin Board (the "OTCBB"), which will allow the Company's common stock to continue to trade on the OTCBB. The Company has fewer than 300 shareholders of record, which has enabled the Company to take this action.
In addition to freeing up significant internal resources, management estimates that the cessation of these reporting obligations will result in significant savings in legal, accounting, and administrative expenses and compliance related costs associated with Section 404 of the Sarbanes-Oxley Act. The Company anticipates that it will save approximately $200,000 in fiscal 2008. These savings include approximately $125,000 in legal, accounting, and administrative expenses related to its reporting obligations under the Exchange Act and approximately $75,000 in expenses related to compliance with Section 404 of the Sarbanes-Oxley Act beginning in fiscal 2008. Similar expense savings are also expected in 2009 and beyond.
The Company's President and Chief Executive Officer, John H. Monk, Jr., stated, "As our management team and board examined the relative advantages and disadvantages of our status as a public company, it became apparent that in view of our limited public float, the relative illiquidity of our stock, and our strategic goals, the compliance costs involved in maintaining that status outweighed the potential benefits of such registration to our shareholders. We believe this is particularly true given that our stock will continue to trade on the Over-the-Counter Bulletin Board and that information about the Company will continue to be publicly available through our regulatory reports and made available to our shareholders through our website."
Thursday, 31 January 2008
Entrust in Chinese Implementation
Securing information without hindering productivity has always been one of the major hurdles to enabling collaboration and protecting the assets and intellectual property of financial institutions, enterprises and government agencies. China-based PXInfosec recognized this opportunity and that they could solve this challenge for their customers with Entrust, Inc. (NASDAQ:ENTU) and the Entrust Entelligence Group Share network folder encryption solution.
"The majority of our customers collaborate on sensitive files or folders on a daily basis. The operational challenge of securing this information, without negatively impacting efficiency, was of utmost concern," said PXInfosec General Manager Eric Ren. "With this innovative network folder encryption solution, we not only secure their key data and intellectual property, but we do so in a cost-efficient, non-invasive manner. It's an invaluable tool."
As part of the agreement, PXInfosec will purchase 20,000 licenses of Entrust Entelligence Group Share. The innovative network folder encryption solution, which was launched in 2007, offers organizations a seamless method of implementing easy-to-use encryption for group files or folders. As a transparent and persistent solution, the contents remain encrypted regardless if copied or moved to another drive, network or device.
"As information loss and data breach become an alarmingly frequent occurrence, it's reassuring to know that security-conscious organizations like PXInfosec are enabling customers to protect their sensitive assets or intellectual property," said Entrust Chairman, President and Chief Executive Officer Bill Conner. "As a key component of a layered security approach, this network folder encryption solution provides organizations with one-of-a-kind capabilities that not only secure information, but increase productivity and efficiency in a cost-effective manner."
A component of Entrust's Information Protection platform, Entrust Entelligence Group Share is an efficient, manageable security solution that allows workgroups to collaborate and share sensitive information securely across corporate networks. This additional layer of security also helps address various privacy standards such as the Payment Card Industry Data Security Standard (PCI DSS), Sarbanes-Oxley Act (SOX) and the Health Insurance Portability and Accountability Act (HIPAA).
The Entrust Entelligence product portfolio is an integrated suite of security solutions that deliver a single security layer across multiple enterprise applications enabling strong authentication, authorization, digital signatures and encryption. Entrust Entelligence helps empower employees to work efficiently, communicate effectively, improve corporate and regulatory compliance and use products and services online.
Founded in 1999 by a group of information security professionals, PXInfosec Technology Co., Ltd is committed to providing professional-grade information security services by helping enterprises protect their operational security and critical information assets. Headquartered in Shanghai, China, PXInfosec's customer base spans across a variety of verticals, including financial, telecommunication, utility/electric, transportation and biological. The organization has become one of the most influential information security service providers in China.
"The majority of our customers collaborate on sensitive files or folders on a daily basis. The operational challenge of securing this information, without negatively impacting efficiency, was of utmost concern," said PXInfosec General Manager Eric Ren. "With this innovative network folder encryption solution, we not only secure their key data and intellectual property, but we do so in a cost-efficient, non-invasive manner. It's an invaluable tool."
As part of the agreement, PXInfosec will purchase 20,000 licenses of Entrust Entelligence Group Share. The innovative network folder encryption solution, which was launched in 2007, offers organizations a seamless method of implementing easy-to-use encryption for group files or folders. As a transparent and persistent solution, the contents remain encrypted regardless if copied or moved to another drive, network or device.
"As information loss and data breach become an alarmingly frequent occurrence, it's reassuring to know that security-conscious organizations like PXInfosec are enabling customers to protect their sensitive assets or intellectual property," said Entrust Chairman, President and Chief Executive Officer Bill Conner. "As a key component of a layered security approach, this network folder encryption solution provides organizations with one-of-a-kind capabilities that not only secure information, but increase productivity and efficiency in a cost-effective manner."
A component of Entrust's Information Protection platform, Entrust Entelligence Group Share is an efficient, manageable security solution that allows workgroups to collaborate and share sensitive information securely across corporate networks. This additional layer of security also helps address various privacy standards such as the Payment Card Industry Data Security Standard (PCI DSS), Sarbanes-Oxley Act (SOX) and the Health Insurance Portability and Accountability Act (HIPAA).
The Entrust Entelligence product portfolio is an integrated suite of security solutions that deliver a single security layer across multiple enterprise applications enabling strong authentication, authorization, digital signatures and encryption. Entrust Entelligence helps empower employees to work efficiently, communicate effectively, improve corporate and regulatory compliance and use products and services online.
Founded in 1999 by a group of information security professionals, PXInfosec Technology Co., Ltd is committed to providing professional-grade information security services by helping enterprises protect their operational security and critical information assets. Headquartered in Shanghai, China, PXInfosec's customer base spans across a variety of verticals, including financial, telecommunication, utility/electric, transportation and biological. The organization has become one of the most influential information security service providers in China.
Tuesday, 29 January 2008
NYMEX Makes Vice-President Appointments
NYMEX, the New York based exchange has promoted 3 senior vice-presidents and 8 vice-presidents. The parent company of the New York Mercantile Exchange promoted De'Ana Dow, Anthony Filoso, and Arthur McCoy to senior vice president and promoted Anthony Densieski, William Doherty, Kurt Ehrlich, Jonathan Elks, Thomas Holleran, Christopher Longobucco, Nicholas Mehnert, and Carla Seales-Penn to vice president.
The move comes amidst preliminary talks with the CME which is considering an $11bn aquisition. The appointments cover the entire spectrum of business functions. Selected appointments outlined below.
Mr. McCoy was promoted to senior vice president of compliance and risk management. He has served at NYMEX since 1990 and is responsible for the implementation and enforcement of NYMEX's financial integrity and safeguard systems. Prior to NYMEX, he was a vice president at First Boston Corporation. He has also worked with the National Futures Association (NFA), D.E. Jones Commodities, Inc., and COMEX. Mr. McCoy is the current chairman and founding member of the futures industry's derivatives clearing organization risk committee, which provides a forum to exchange best practice risk management policies and procedures and sits on several panels at the NFA.
Mr. Elks, who joined NYMEX in 2006, was named vice president of Sarbanes Oxley. He is responsible for all aspects of SOX compliance program reporting and transitioned the program from a fully outsourced function to being in-house supported. He began his career at KPMG, working in Australia and the United States, managing the audit of Australian firm's largest client. He also served as the head of finance at a division of Pacific Dunlop Ltd., a multinational consumer products company and senior vice president of risk management and assurance at Telstra Corporation, the largest full service telecommunications company in the Southeast Asian region, before he relocated to the United States in 2002 after accepting the position of senior vice president of risk management and assurance at Cablevision Systems Corp.
Mr. McCoy was promoted to senior vice president of compliance and risk management. He has served at NYMEX since 1990 and is responsible for the implementation and enforcement of NYMEX's financial integrity and safeguard systems. Prior to NYMEX, he was a vice president at First Boston Corporation. He has also worked with the National Futures Association (NFA), D.E. Jones Commodities, Inc., and COMEX. Mr. McCoy is the current chairman and founding member of the futures industry's derivatives clearing organization risk committee, which provides a forum to exchange best practice risk management policies and procedures and sits on several panels at the NFA.
Mr. Doherty, who joined NYMEX in 1984, was appointed vice president of risk management. His responsibilities include the implementation and enforcement of NYMEX's risk safeguard systems, with an emphasis on performance bond setting, value-at-risk analysis on both macro and micro levels, as well as stress testing on these levels. Mr. Doherty also monitors options settlements and is a voting member on the COMEX gold, silver, and copper options settlement committees and the NYMEX calendar spread and crack spread options settlement committees. Prior to joining NYMEX, he was an accountant at The Dreyfus Corporation, a global provider of investment management products and services.
Mr. Longobucco was promoted to vice president of project management and IS governance. He joined NYMEX in 2004 and has served as a Sarbanes Oxley consultant, director of internal audit, and director of information technology operations. He currently oversees information technology operations and manages the project management group. He was previously employed in the project management office of ADP's fixed income group and chief financial officer of Always-On, Inc. Mr. Longobucco has also worked for PricewaterhouseCoopers, Deutsche Bank, American Express Co., TimeWarner, Inc., MetLife HealthCare Management Corp., and Arthur Andersen & Co.
The move comes amidst preliminary talks with the CME which is considering an $11bn aquisition. The appointments cover the entire spectrum of business functions. Selected appointments outlined below.
Mr. McCoy was promoted to senior vice president of compliance and risk management. He has served at NYMEX since 1990 and is responsible for the implementation and enforcement of NYMEX's financial integrity and safeguard systems. Prior to NYMEX, he was a vice president at First Boston Corporation. He has also worked with the National Futures Association (NFA), D.E. Jones Commodities, Inc., and COMEX. Mr. McCoy is the current chairman and founding member of the futures industry's derivatives clearing organization risk committee, which provides a forum to exchange best practice risk management policies and procedures and sits on several panels at the NFA.
Mr. Elks, who joined NYMEX in 2006, was named vice president of Sarbanes Oxley. He is responsible for all aspects of SOX compliance program reporting and transitioned the program from a fully outsourced function to being in-house supported. He began his career at KPMG, working in Australia and the United States, managing the audit of Australian firm's largest client. He also served as the head of finance at a division of Pacific Dunlop Ltd., a multinational consumer products company and senior vice president of risk management and assurance at Telstra Corporation, the largest full service telecommunications company in the Southeast Asian region, before he relocated to the United States in 2002 after accepting the position of senior vice president of risk management and assurance at Cablevision Systems Corp.
Mr. McCoy was promoted to senior vice president of compliance and risk management. He has served at NYMEX since 1990 and is responsible for the implementation and enforcement of NYMEX's financial integrity and safeguard systems. Prior to NYMEX, he was a vice president at First Boston Corporation. He has also worked with the National Futures Association (NFA), D.E. Jones Commodities, Inc., and COMEX. Mr. McCoy is the current chairman and founding member of the futures industry's derivatives clearing organization risk committee, which provides a forum to exchange best practice risk management policies and procedures and sits on several panels at the NFA.
Mr. Doherty, who joined NYMEX in 1984, was appointed vice president of risk management. His responsibilities include the implementation and enforcement of NYMEX's risk safeguard systems, with an emphasis on performance bond setting, value-at-risk analysis on both macro and micro levels, as well as stress testing on these levels. Mr. Doherty also monitors options settlements and is a voting member on the COMEX gold, silver, and copper options settlement committees and the NYMEX calendar spread and crack spread options settlement committees. Prior to joining NYMEX, he was an accountant at The Dreyfus Corporation, a global provider of investment management products and services.
Mr. Longobucco was promoted to vice president of project management and IS governance. He joined NYMEX in 2004 and has served as a Sarbanes Oxley consultant, director of internal audit, and director of information technology operations. He currently oversees information technology operations and manages the project management group. He was previously employed in the project management office of ADP's fixed income group and chief financial officer of Always-On, Inc. Mr. Longobucco has also worked for PricewaterhouseCoopers, Deutsche Bank, American Express Co., TimeWarner, Inc., MetLife HealthCare Management Corp., and Arthur Andersen & Co.
R.H. Donnelly Appointment
R.H. Donnelley (NYSE:RHD) , a print and online local search company, today appointed R. Barry Sauder as vice president, corporate controller and chief accounting officer. Sauder will oversee R.H. Donnelley's accounting operations from the company's Cary, N.C. headquarters and report to R.H. Donnelley Executive Vice President and Chief Financial Officer Steve Blondy. Following the filing of the company's 2007 Form 10-K, Sauder will also assume the role of principal accounting officer. Until that time, Karen E. Palczuk remains the company's principal accounting officer.
Sauder has more than 20 years of financial management experience. Prior to joining R.H. Donnelley, Sauder served as vice president of finance, corporate controller and chief accounting officer at InfraSource Services, Inc., a specialty contractor servicing electric, natural gas and telecommunications infrastructure, from April 2004 to October 2007. While there, he managed teams devoted to Securities and Exchange Commission reporting, Sarbanes-Oxley compliance, and tax and general accounting. Prior to that, Sauder was vice president of finance and principal accounting officer at GSI Commerce, Inc., a provider of e-commerce solutions, from January 2001 to April 2004.
Sauder has more than 20 years of financial management experience. Prior to joining R.H. Donnelley, Sauder served as vice president of finance, corporate controller and chief accounting officer at InfraSource Services, Inc., a specialty contractor servicing electric, natural gas and telecommunications infrastructure, from April 2004 to October 2007. While there, he managed teams devoted to Securities and Exchange Commission reporting, Sarbanes-Oxley compliance, and tax and general accounting. Prior to that, Sauder was vice president of finance and principal accounting officer at GSI Commerce, Inc., a provider of e-commerce solutions, from January 2001 to April 2004.
Monday, 28 January 2008
nCircle SC Nomination
nCircle, a provider of agentless security risk and compliance management solutions, has been named a finalist for the Best Regulatory Compliance Solution in the SC Magazine 2008 Excellence Awards. nCircle has been effective in helping companies secure their global networks and drive continuous, cost-effective compliance with multiple regulations including the Payment Card Industry's (PCI) standards, Sarbanes-Oxley, Federal Information Security Management Act (FISMA), HIPAA, GLBA and others.
"We are pleased to be selected as a finalist for Best Regulatory Compliance Solution by SC Magazine," said nCircle CEO, Abe Kleinfeld. "Complying with an ever growing number of complex regulations has become a leading concern among senior executives in virtually all companies. nCircle's solutions are already helping thousands of the world's leading companies with cost effective, scalable solutions that achieve continuous compliance and improve their information security."
"We are pleased to be selected as a finalist for Best Regulatory Compliance Solution by SC Magazine," said nCircle CEO, Abe Kleinfeld. "Complying with an ever growing number of complex regulations has become a leading concern among senior executives in virtually all companies. nCircle's solutions are already helping thousands of the world's leading companies with cost effective, scalable solutions that achieve continuous compliance and improve their information security."
Aline For Omagine
Business Intelligence International (BII), developers of the on-demand Aline(TM) Governance, Risk and Compliance plus Performance (GRC+P) platform, announced today that Omagine, Inc. (BULLETIN BOARD: OMAG) , a developer of large-scale tourism attractions and residential areas aimed toward the Middle East, selected its Aline4SOX tool to automate the company's Sarbanes-Oxley compliance program.
line4SOX is aSoftware as a Service (SaaS) solution for Sarbanes-Oxley Sections 404 and 302, allowing companies to automate and streamline the SOX process while reducing their total cost of compliance. The product enables users to document and assess the design of controls, track the testing of their effectiveness and easily locate and remedy any deficiencies.
"The Aline SOX software platform was ideally suited to reduce the time and cost of implementation while ensuring a completeness of regulatory SOX compliance," said Salvatore J. Bucchere, Chairman of Omagine's Audit Committee. "SOX compliance is a permanent challenge and as we add overseas locations to our enterprise, Aline's streamlined, yet comprehensive methodology will deliver a multi-year solution that will solidify our financial control environment in the most efficient way possible."
"With operations currently in Oman and projects rapidly developing, Omagine, Inc. saw the value in our CompleteCompliance solution from the very start," said David Zach, National Account Executive for BI International. "As a non-accelerated filer, Omagine chose our solution for its combination of proven key control documentation templates with powerful functionality to fast-track their compliance program. Instead of spending tens of thousands on consultants to design and build a SOX program themselves, we were able to rapidly train them on our solution and they were off and running in a plug- and-play environment."
Aline4SOX provides companies with a single repository of all SOX data, dynamic update of standard deliverables, as well as integrated on-line project management reporting and powerful analytics.
William Hanley, Controller for Omagine added, "Aline4SOX will provide the level of detailed documentation required to satisfy external auditors and will provide a superior approach to tighter financial control management. In addition, Omagine's ongoing compliance will become a standardized, repeatable and sustainable process that is part of our everyday activity."
Aline4SOX, which was included earlier this year as a niche player in Gartner, Inc.'s Magic Quadrant Research Study for Finance Governance, Risk and Compliance Management (GRCM) Software, is the only on-demand solution proven to reduce the cost and time of SOX compliance by up to 50% and transform compliance into sustainable business improvement.
line4SOX is aSoftware as a Service (SaaS) solution for Sarbanes-Oxley Sections 404 and 302, allowing companies to automate and streamline the SOX process while reducing their total cost of compliance. The product enables users to document and assess the design of controls, track the testing of their effectiveness and easily locate and remedy any deficiencies.
"The Aline SOX software platform was ideally suited to reduce the time and cost of implementation while ensuring a completeness of regulatory SOX compliance," said Salvatore J. Bucchere, Chairman of Omagine's Audit Committee. "SOX compliance is a permanent challenge and as we add overseas locations to our enterprise, Aline's streamlined, yet comprehensive methodology will deliver a multi-year solution that will solidify our financial control environment in the most efficient way possible."
"With operations currently in Oman and projects rapidly developing, Omagine, Inc. saw the value in our CompleteCompliance solution from the very start," said David Zach, National Account Executive for BI International. "As a non-accelerated filer, Omagine chose our solution for its combination of proven key control documentation templates with powerful functionality to fast-track their compliance program. Instead of spending tens of thousands on consultants to design and build a SOX program themselves, we were able to rapidly train them on our solution and they were off and running in a plug- and-play environment."
Aline4SOX provides companies with a single repository of all SOX data, dynamic update of standard deliverables, as well as integrated on-line project management reporting and powerful analytics.
William Hanley, Controller for Omagine added, "Aline4SOX will provide the level of detailed documentation required to satisfy external auditors and will provide a superior approach to tighter financial control management. In addition, Omagine's ongoing compliance will become a standardized, repeatable and sustainable process that is part of our everyday activity."
Aline4SOX, which was included earlier this year as a niche player in Gartner, Inc.'s Magic Quadrant Research Study for Finance Governance, Risk and Compliance Management (GRCM) Software, is the only on-demand solution proven to reduce the cost and time of SOX compliance by up to 50% and transform compliance into sustainable business improvement.
Wednesday, 23 January 2008
The New Accounting for M&A Deals
Welcome to the art of the deal under new accounting rules for mergers and acquisitions, where advisers’ fees will be more visible, secrecy will be more difficult to maintain, and deal structures may be changed. Earlier and more specific recognition of contingencies, for example, is likely to lead to more limits on liability in acquisitions, says David Zagore of the law firm Squire, Sanders & Dempsey. In total, the new rules may pressure more companies to reconsider marginal deals where they might disclose unimpressive bottom lines, others say.
Compliance Week
Compliance Week
Tuesday, 22 January 2008
Everything You Need for Your 2008 10-K
As companies head into this year’s annual meeting season and prepare their annual reports on Form 10-K, executive compensation is once again the critical issue. 2007 was the first year companies had to give more disclosure about executive pay under new SEC rules; the Commission has made clear it wasn’t thrilled with what it saw and expects better in 2008. “It’s even more important to focus on it this year because the SEC has spoken,” says Heather Badami of the law firm Bryan Cave. “There’s no excuse not to get this right.” Your 10-K cheat sheet is inside.
Compliance Week
Compliance Week
Saturday, 5 January 2008
Aon Corporation (NYSE:AOC) is a vendor of risk management services, insurance and reinsurance brokerage, human capital and management consulting. Through its over 36,000 colleagues worldwide, Aon readily delivers distinctive client value via innovative and effective risk management and workforce productivity solutions. Our industry-leading global resources, technical expertise and industry knowledge are delivered locally through more than 500 offices in more than 120 countries. Aon was named the world's "best broker" by Euromoney magazine's 2008 Insurance Survey. In 2008, Aon ranked highest on the Business Insurance ranking of the world's largest insurance brokers based on commercial retail, wholesale, reinsurance and personal lines brokerage revenues. Aon also was ranked by A.M. Best as the number one global insurance brokerage in 2007 and 2008 based on brokerage revenues, and was voted best insurance intermediary, best reinsurance intermediary, and best employee benefits consulting firm in 2007 and 2008 by the readers of Business Insurance.
Friday, 4 January 2008
OpenPages in GRC Forrester Wave
OpenPages®, provider of enterprise risk management solutionstoday announced that it was named a leader in the December 2007 Forrester Wave™: Enterprise Governance, Risk, And Compliance Platforms, Q4 2007 by Chris McClean and Michael Rasmussen, with Alissa Dill and Jonathan Penn(1). OpenPages was one of fifteen select companies that Forrester Research invited to participate in the report which evaluated Governance, Risk and Compliance (GRC) solution providers on their product offerings, strategy and market presence.
The Forrester report noted that they "expect OpenPages to sustain its position as a GRC Leader through continued product advancements and strong partnerships." In terms of product advancements, Forrester noted that the technical capabilities of the OpenPages platform "spread well across all core areas of GRC." The report also states, "An important differentiator of OpenPages' platform is the flexibility of its data model, and the company continues to make substantial technical advancements, such as its recently released audit module." Finally, the report cited the company's risk and control management capabilities as "the platform's strongest area, most notably in capabilities for risk and control assessment as well as for managing risk definitions, libraries and frameworks."
"We are honored to be identified as a leader in the Forrester Wave for GRC," said Michael J. Duffy, president and CEO of OpenPages. "Given our landmark year in terms of industry recognition and overall company momentum, Forrester's positive evaluation of OpenPages reflects our vision for empowering companies by unifying GRC across the enterprise and incorporating risk management into daily business processes. This vision -- as recognized by Forrester's report -- aligns seamlessly with market requirements and reinforces our commitment to providing world class risk and compliance solutions that optimize business performance for our customers."
The Forrester report noted that they "expect OpenPages to sustain its position as a GRC Leader through continued product advancements and strong partnerships." In terms of product advancements, Forrester noted that the technical capabilities of the OpenPages platform "spread well across all core areas of GRC." The report also states, "An important differentiator of OpenPages' platform is the flexibility of its data model, and the company continues to make substantial technical advancements, such as its recently released audit module." Finally, the report cited the company's risk and control management capabilities as "the platform's strongest area, most notably in capabilities for risk and control assessment as well as for managing risk definitions, libraries and frameworks."
"We are honored to be identified as a leader in the Forrester Wave for GRC," said Michael J. Duffy, president and CEO of OpenPages. "Given our landmark year in terms of industry recognition and overall company momentum, Forrester's positive evaluation of OpenPages reflects our vision for empowering companies by unifying GRC across the enterprise and incorporating risk management into daily business processes. This vision -- as recognized by Forrester's report -- aligns seamlessly with market requirements and reinforces our commitment to providing world class risk and compliance solutions that optimize business performance for our customers."
Market News International Mini-Credit Bullet Points
Market News International is to launch MNI Credit Bullet Points, in January 2008. The new product will initially be available via the MNI website and Bloomberg.
“The expertise of our staff has allowed us to boast excellent coverage and analysis of the Credit Markets for a long time,” said Michael Connor, chief executive officer of MNI. “In response to customer demand, we will now offer a stand-alone product, modeled after our highly successful MNI Foreign Exchange and MNI Fixed Income Bullet Points.”
MNI Credit Bullet Points will deliver active, scrolling, real-time news and analysis on global credit markets, presented in concise bullet point format. The product will focus on CDS and related company news; corporate and agency debt issuance; and structured finance, including ABS, MBS, CMBS and CDOs. The product includes macroeconomic news and analysis on other fixed-income markets that affect credit.
“The expertise of our staff has allowed us to boast excellent coverage and analysis of the Credit Markets for a long time,” said Michael Connor, chief executive officer of MNI. “In response to customer demand, we will now offer a stand-alone product, modeled after our highly successful MNI Foreign Exchange and MNI Fixed Income Bullet Points.”
MNI Credit Bullet Points will deliver active, scrolling, real-time news and analysis on global credit markets, presented in concise bullet point format. The product will focus on CDS and related company news; corporate and agency debt issuance; and structured finance, including ABS, MBS, CMBS and CDOs. The product includes macroeconomic news and analysis on other fixed-income markets that affect credit.
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