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OT (Oberthur Technologies), a leading global provider of embedded security software products and services, today announces that nubia Mobile embarks PEARL by OT® embedded Secure Element (eSE), in their recently released Z11miniS and Z17mini smartphones. Thanks to OT’s eSE, nubia will enable smartphone owners to securely access all public transportation services in Beijing and Shenzhen in the coming months.

Once the Beijing or Shenzhen transport application is installed on their nubia smartphone, end-users will no longer need to go to their transport company counters to buy tickets. They will be able to recharge their digital transport card online directly via their application and will simply need to hold their smartphone near the contactless reader in the bus or the subway to pass the gates. They will also be able to use their phone to pay in retail stores accepting contactless payments, as they are used to doing with their current transport cards. PEARL by OT® will allow them to securely enjoy the convenience of these NFC services.

PEARL by OT® enables handset and wearable device makers to deploy new contactless services certified by key payment schemes worldwide and transport authorities of the largest cities in the world. It has recently been granted MTPS certification for all Mobile Financial Services technologies in China. This unique multi-application platform also supports access control, biometrics, secure storage use-cases and value added services such as keyless car entry.

“We are happy to offer nubia users with a convenient, secure and easy-to-use way of commuting in partnership with OT.” commented Ni Fei, Senior Vice President of nubia. “This new service will extend the existing NFC transport services offered to Z9 and Z9 Max owners in Shenzhen and already relying on OT’s eSE, to a much larger number of users.”

“The support of Chinese, as well as international transit technologies, enabled by our eSE, is a key asset for handset makers wanting to address the fragmented market of transport systems throughout the world.” said Viken Gazarian, Deputy Managing Director of the Connected Device Makers business at OT. “We are very pleased to support nubia for the deployment of NFC transport services in major megalopolis like Beijing and Shenzhen with their latest smartphones.”

ABOUT OBERTHUR TECHNOLOGIES
OT is a world leader in embedded digital security that protects you when you connect, authenticate or pay.

OT is strategically positioned in high growth markets and offers embedded security software solutions for “end-point” devices as well as associated remote management solutions to a huge portfolio of international clients, including banks and financial institutions, mobile operators, authorities and governments, as well as manufacturers of connected objects and equipment.

OT employs over 6 500 employees worldwide, including almost 700 R&D people. With a global footprint of 4 regional secure manufacturing hubs and 39 secure service centers, OT’s international network serves clients in 169 countries. For more information: www.oberthur.com

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View source version on businesswire.com: http://www.businesswire.com/news/home/20170510005626/en/

• 88% respondents felt consumers attach high importance to convenience and response time.
• 88% said demand for personalized services has increased.
• About 84% of respondents believe that customers now give importance to instant gratification when it comes to financial services.
• 75% felt customers have become more discerning.
• 69% said when it comes to customer expectation the urban-rural divide has narrowed.

The Western Union Company (NYSE: WU), a leader in global payments, today announced that it has further strengthened its global digital money transfer footprint, with the activation of its 40th wu.com transactional website, now providing full digital access for cross-border person-to-person (P2P) money transfer services across major developed nations including the US, Canada and major parts of Europe*.

Wu.com is also active in Australia, New Zealand, Hong Kong and the United Arab Emirates. Western Union plans to continue to expand its digital presence across Asia Pacific, the Middle East and Latin America and the Caribbean in the next phase of its online expansion, augmenting the company’s retail Agent footprint in more than 200 countries and territories.

“The continuous advancement of our digital innovation over the past several years allows us to stay ahead of the needs of the modern money mover, and we are serving them across a multitude of currencies, languages and borders,” said Odilon Almeida, President of Western Union Global Money Transfer. “Our customers want different options to send and receive money around the globe, and our ability to bridge their digital and physical worlds – whether it is bank-to-bank, through web, app to cash or cash to cash – through our fast, reliable and convenient digital and retail cross-border money transfer platform, is Western Union’s key differentiator.”

According to the World Bank, while more than 75 percent of cross-border P2P transfers are sent into developing countries, people send money from nearly every country in the world. Western Union’s digital expansion provides further choice not only to consumers who may have migrated and are working and living in their host countries, but also to a new generation of consumers who live in their home countries and need to move money in an increasingly globalized world. These consumers send money for a variety of reasons, such as their child’s international college tuition, to scale up their small business, to fund travel and tourism, to buy goods and services, or for gifting purposes.

Digital-initiated money transfer remains a high growth area and is expected to be the major driver of overall market growth in the coming years. With over $340 million of westernunion.com money transfer revenue in 2016, Western Union is well poised to continue to meet the increasing consumer demand.

In Q1 2017, more than 60 percent of wu.com transactions were initiated on a mobile device. This digital ramp-up follows the recent launches of Apple Pay as a funding method for digital users in the U.S., and Western Union’s money transfer bot for Messenger, which enables users in the U.S. to make international money transfers without leaving the Messenger app.

For more information, visit the Western Union newsroom at www.westernunion.com/news.

(*) WU.com is live in the following countries:Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Russia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Ukraine, United Kingdom, Canada, United States, Australia, New Zealand, Hong Kong, United Arab Emirates.

WU-G

About Western Union

The Western Union Company (NYSE: WU) is a leader in global payment services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western Union Business Solutions branded payment services, Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders. As of March 31, 2017, the Western Union, Vigo and Orlandi Valuta branded services were offered through a combined network of over 550,000 agent locations in 200 countries and territories and over 100,000 ATMs and kiosks, and included the capability to send money to billions of accounts. In 2016, The Western Union Company completed 268 million consumer-to-consumer transactions worldwide, moving $80 billion of principal between consumers, and 523 million business payments. For more information, visit www.westernunion.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170510005465/en/

The Monaco Investment Corporation (MIC) was announced with the support of HSH Prince Albert II of Monaco to lead a direct investment program focused on acquiring controlling positions in companies around the world. The corporation is managed by Scepter Partners, an investment syndicate and merchant bank founded by financier Rayo Withanage and led by a Steering Committee of industry veterans including Brady Dougan, former CEO of Credit Suisse, William Doyle, former CEO of PotashCorp of Saskatchewan and Bob Diamond, founder and CEO of Atlas Merchant Capital and former CEO of Barclays. The new sovereign direct investment corporation is focused on serving select investors as invited by Scepter and the Principality. The MIC will initially lead an investment program in financial institutions and natural resources with expansion into other sectors as investment capabilities are acquired.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170510005927/en/

HSH Prince Albert II of Monaco (Photo: Business Wire)

HSH Prince Albert II of Monaco commented: “The Monaco Investment Corporation will change the way sovereign wealth and private investors engage with large cap investments globally. The founders of Scepter and I have both reaffirmed our commitment to back this institution and we will proactively use our capital and relationships for its success. We believe in the financial initiatives and strong leadership of Scepter and we are confident that the MIC will grow into an institution for which we can all be very proud.”

Scepter was established by members of Asian & Gulf based ruling families who assembled a standing syndicate of sovereign investors around $14 billion of discretionary assets from Scepter stakeholders. HH Prince Abdul Ali Yil Kabier, a Prince of Brunei and co-founder of Scepter affirmed: “Their Highnesses and I are collectively committed to supporting Monaco becoming a major player in global direct investment and building value for stakeholders through the lens of sustainable development. We have absolute confidence in Scepter’s leadership and support the development vision of HSH Prince Albert II of Monaco.”

Mr. Withanage, executive chairman of Scepter commented, “We are dedicated to thoughtfully building the MIC into a globally orientated corporation that combines world class investors and operators to develop a powerful stable of companies.” The corporation will be a supranational investment vehicle, exclusively open to sovereign and institutional investors. During its inaugural year, however, the corporation may invite select Forbes 500 families who are residents or friends of Monaco. These families are chosen by geography and industry focus as founding investors in the corporation and part owners of the management company. Mr. Mark Thomas, Vice Chairman of The Sovereign Trust, Scepter's largest shareholder added: "The MIC is the first time a sovereign direct investment structure marries significant long term capital with some of the most successful individual investors in the world. The MIC exists to work with one of Monaco’s most compelling assets, its friends and residents."

The MIC shall initially capitalize upon Scepter’s unique confluence of operating expertise in financial services and natural resources. Leadership will focus its energies primarily over the next few months on the MIC’s early investments and also decide the appointment of internal investment managers and financial institutions to serve the corporation. The MIC is positioned to work exclusively with those global financial institutions that have committed to activities in Monaco and to absorb investment managers who wish to move to a permanent capital platform. Scepter is moving its leadership to Monaco, where it is establishing its global headquarters.

For more information, please visit www.scepterpartners.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170510005927/en/

UBS Asset Management ('UBS AM') announced that Suni P. Harford will join the firm as Head of Investments in July 2017. She will be responsible for c.500 investment employees and oversee approximately US$600 billion in assets under management across both traditional and alternative asset classes. She will be based in New York and report to Ulrich Koerner, President of UBS AM.

Suni joins UBS AM from Citigroup Inc. where she has worked for the past 24 years, most recently as Regional Head of Markets for North America, a role she held for nine years. In this role, she was responsible for sales, trading, origination and research across all fixed income, currencies, commodities, equities and municipal businesses. Suni was also a member of Citi's Pension Plan Investment Committee and a Director on the Board of Citibank Canada.

As a prominent diversity champion, both in the financial services sector and the wider business community, Suni served as the co-head of Citi Women and on the Board of Directors of The Forte Foundation, a US non-profit organization dedicated to increasing the number of women leaders in business. She is also passionate about awareness and support for the US veteran community, and is involved in many organizations in this regard.

"Suni is a highly experienced and impactful senior leader, with a Wall Street career spanning nearly 30 years. She brings strong leadership capabilities combined with a broad knowledge of the investment markets across multiple asset classes and deep understanding of macro-economics." said Ulrich Koerner, President, UBS AM. "Over the past two and a half years, we have transformed Investments from a multi-boutique structure into the integrated platform we have today. In her new role as Head of Investments for Asset Management, Suni will build on this by executing on our strategy to deliver sustainable performance for our clients."

About UBS

UBS provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as private clients in Switzerland. The operational structure of the Group is comprised of our Corporate Center and five business divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management and the Investment Bank. UBS's strategy builds on the strengths of all of its businesses and focuses its efforts on areas in which it excels, while seeking to capitalize on the compelling growth prospects in the businesses and regions in which it operates, in order to generate attractive and sustainable returns for its shareholders. All of its businesses are capital-efficient and benefit from a strong competitive position in their targeted markets.

UBS is present in all major financial centers worldwide. It has offices in 54 countries, with about 34% of its employees working in the Americas, 35% in Switzerland, 18% in the rest of Europe, the Middle East and Africa and 13% in Asia Pacific. UBS Group AG employs approximately 60,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).

View source version on businesswire.com: http://www.businesswire.com/news/home/20170515005812/en/

Peter Bodin will lead Grant Thornton International Ltd (GTIL), the global entity of one of the world’s leading professional services networks with 47,000 people at member firms in over 130 countries, it was announced today. Bodin, the former CEO of Grant Thornton Sweden, will assume the role with effect from 1 January 2018 for a five year term, succeeding Ed Nusbaum who will retire at the end of this year after eight years as CEO.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170515005883/en/

Peter Bodin, Global CEO-elect of Grant Thornton (Photo: Business Wire)

Speaking from London where GTIL is based, Peter Bodin said, “I am honoured and excited to be given this opportunity to lead Grant Thornton into its next era of growth and expansion. I have always believed sustainable business success is built on having the right people, leadership and culture. My role will be to create an environment that allows Grant Thornton people and firms to collaborate, not just with each other but with clients and other stakeholders, to grow into the world’s best professional services organisation. That means building an innovative brand that stands out in the marketplace and having a resolute focus on digital transformation - - of our own business and for our clients around the world.”

Scott Barnes, Chair of GTIL’s Board of Governors (Board) commented, “As a former Chair of the Board, Peter has deep knowledge of the global organisation and will inspire confidence in our CEOs. He has a reputation for coaching and developing people at every level and I believe his passion for people and leadership and his open, transparent style will resonate with the next generation at Grant Thornton.”

Ed Nusbaum added, “I am delighted that the Board has chosen a strong, innovative leader in Peter who will inspire the people of Grant Thornton, our clients, and our communities throughout the world. I have worked closely with him over the years and I am confident that after a smooth transition he will continue the journey to execute our Growing Together 2020 strategy and continue to build an exciting future for this great organisation.”

Peter was the CEO of Grant Thornton Sweden for 16 years during which time the firm transformed from a traditional audit firm into a SEK1.3 billion professional services firm with over 1,100 people and a reputation for its strong brand, distinctive culture and its development of digital solutions. During this time, he also spent five years as Chairman of the Board. Peter, 51, received unanimous support from the GTIL Board, including CEOs of Grant Thornton member firms from 14 countries and two independent directors following a selection process carried out with the support of external experts.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170515005883/en/

OpenLink, the global leader in trading, treasury and risk management solutions for the energy, commodities, corporate and financial services industries, today announced the launch of OpenLink Cloud – the world’s first and most comprehensive enterprise Cloud platform for trading, treasury and risk management.

OpenLink Cloud is designed to transform trading, treasury and risk departments, combining the best of OpenLink’s flagship products with an extensible and transparent platform for unprecedented agility and innovation. Delivering the highest standards of security for highly regulated, data-intensive organizations, OpenLink Cloud combines the strength and security of the Microsoft Azure platform with best-of-breed OpenLink security and tools to ensure that our clients’ mission-critical systems and data are protected at all times.

Patrick Reames, Managing Partner of Commodity Technology Advisory the leading CTRM market analyst firm noted: “While Cloud deployment of commodity trading solutions in the low and mid-tiers of the market has increased in recent years, the investment by OpenLink in the OpenLink Cloud will undoubtedly accelerate this movement across all tiers of the market. The commitment by many of the world’s largest energy and commodity trading firms to adopt OpenLink’s enterprise-scale Cloud solutions is a pivotal development in terms of how these systems will be deployed going forward.”

Jack Large, Cash and Treasury Management Consultant and Analyst for CTMfile, said, “The wait is over. There is now enough power and security in the OpenLink Cloud to move mission critical systems to their Cloud platform, combined with OpenLink’s functional strength in cash and treasury management, extensive trading, commodities and risk management, could make this combination a game changer. Time will tell.”

Developed in collaboration with over 50 of OpenLink’s largest and most sophisticated energy and financial services clients, OpenLink Cloud has been rigorously tested by those who place the highest demands on the software. Supported by a robust set of custom tools and services, OpenLink Cloud is designed to help clients of all sizes get up and running quickly and to simplify management, monitoring and support of both production and non-production environments. Customers will have immediate access to almost limitless computing power with the introduction of OpenLink’s dynamic scaling capabilities, providing advanced data management and richer analytics that enable greater market understanding, speed and evidence-based decision-making.

John O’Malley, CEO of OpenLink, added: “If you think you knew OpenLink, take another look. We have made a significant investment in OpenLink Cloud in response to our clients’ feedback. They are looking to reduce costs, advance risk analytics and scale their operations to transform how they run their businesses. The response from clients and pent-up demand from prospects has been staggering. OpenLink Cloud enables us to deliver our market leading solutions faster and with attractive subscription pricing models.”

Scott Rompala, Head of the Cloud Solutions Group at OpenLink, said: “The real untapped benefit our clients are sharing is how this new flexibility and efficiency will allow them to reimagine their business, take advantage of intraday volatility in the markets, and provide accurate and real-time views of their risk and exposures to management and the board on demand.”

OpenLink Cloud facilitates calculations of P&L and VaR-type metrics more frequently and with broader data sets. These enhanced capabilities will enable departments to produce real-time analytics and improved hedging strategies, optimize capital movement and provide greater insight into profitability drivers, enhancing overall the information available for decision-making.

The OpenLink Cloud platform integrates an ecosystem of multiple tools and partners to provide a complete solution with comprehensive security, supported 24x7 by OpenLink Cloud experts. With new subscription-based pricing and dynamic scaling our clients can now better manage cost, risk and implement a platform for unrivalled innovation.

For further information please visit openlink.cloud

View source version on businesswire.com: http://www.businesswire.com/news/home/20170515005240/en/

Murex, a global leader in trading, risk management and processing solutions, has been recognized by IBS Intelligence as the top selling treasury and capital markets solution of 2016. In addition to topping the ranking, Murex has been included in the new IBS Leadership Club thanks to the impressive sales figures for the MX.3 platform. MX.3 also placed prominently in the IBS Risk Management Systems table.

The annual Sales League Table ranking is based on the number of new client wins in 2016. Murex topped this year’s ranking, with fifteen new clients signed in the treasury and capital markets category. As part of the SLT survey, IBS recorded a 44% investment increase in treasury applications for 2016. Over the past three years, the total number of deals in the wholesale treasury and capital category hovered around 50. However, in 2016, perhaps driven by increasingly complex regulatory requirements, the number of new client signatures increased significantly to 75.

“In a highly competitive market, it is very rewarding to see MX.3 positioned as the technology vendor of choice for financial institutions” said Philippe Helou, Co-founder and Managing Partner at Murex. “We believe that the signing of a new deal marks the start of a strong partnership. Murex is committed to delivering successful projects around the globe and working closely with clients to help them achieve their business objectives.”

This is the first year that Murex has led the category, highlighting how our vision and product strategy is resonating with the market. The IBS Sales League Table caps off a stream of recent award wins for Murex, including a leading position in the 2016 Gartner Magic Quadrant for Trading Platforms, and Market Risk Technology Vendor of the Year in the 2017 Risk Awards.

-ENDS-

About Murex (www.murex.com)

For more than 30 years, Murex has been providing enterprise-wide, cross-asset financial technology solutions to capital markets players. Its cross-function platform, MX.3, supports trading, treasury, risk and post-trade operations, enabling clients to better meet regulatory requirements, manage enterprise-wide risk, and control IT costs. With more than 45,000 daily users in 65 countries, Murex has clients in many sectors, from banking and asset management to energy and commodities.

Murex is an independent company with over 2,000 employees across 17 countries. Murex is committed to providing cutting-edge technology, superior customer service, and unique product innovation.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170515005094/en/

Global real estate investment company Kennedy Wilson (NYSE:KW), in a joint venture with Fairfax Financial Holdings Limited and the National Asset Management Agency (‘NAMA’) today announces that J.P. Morgan Bank (Ireland) plc (‘J.P. Morgan’) is to become the first major occupier to commit to the highly-sought after Capital Dock campus development through a forward-funding sale agreement.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170515005539/en/

(Photo: Business Wire)

Extending over 4.8 acres, Capital Dock is designed to meet the needs of the many rapidly expanding international businesses based in Dublin. Positioned on Sir John Rogerson’s Quay, in the heart of Dublin’s Docklands, Capital Dock is one of the largest single phase ground up developments to be delivered in Dublin with over 660,000 sq ft of new mixed-use space. The campus-style scheme is designed by award-winning Irish architecture firm O’Mahony Pike and will include 345,000 sq ft of office space across 100, 200 and 300 Capital Dock and 190 high-quality rented residential units with waterfront views across three aspects, including a 23-storey tower marking the gateway to the city.

The residents at Capital Dock will enjoy the signature Kennedy Wilson Residential range of amenities and professional services as part of their daily living along with 1.5 acres of new public realm space, retail and restaurant offerings. Kennedy Wilson has delivered a premium amenity offering in Dublin since 2012 and Capital Dock will provide a further elevated level of service.

J.P. Morgan will acquire ‘200 Capital Dock’, a prime office building of c. 130,000 sq ft fronting onto the River Liffey, through a forward-funding sale agreement to coincide with completion of the building, expected in Q3 2018. The building is capable of accommodating over 1,000 staff, and will be one of the highest specification buildings in Dublin, with LEED Gold certification.

“We are excited to welcome J.P. Morgan, through its acquisition of 200 Capital Dock, as the first major office occupier to commit to this best-in-class mixed-use campus development, to grow its existing business and meet its long-term plans in Ireland,” said William McMorrow, Chairman and CEO of Kennedy Wilson.

“Our commitment to Capital Dock began in 2012 when we acquired a loan secured by the State Street Building and its adjoining site. Our team’s execution of converting that loan to direct real estate, strategic site assembly and structuring the joint venture with NAMA and securing master planning has culminated in the construction and delivery of our vision for this dynamic campus, which will be full of energy as we welcome J.P. Morgan employees to Capital Dock.”

“Securing such a prominent occupier to anchor the office component of Capital Dock is a significant endorsement of the value and our vision for this vibrant iconic scheme,” added Mary Ricks, President and CEO of Kennedy Wilson Europe. “The Dublin occupier market is buoyant and we are in active and advanced dialogue with both Irish and international companies attracted to our visionary Capital Dock development and looking to base themselves in the heart of Dublin.”

“Dublin has the vibrant business and technology communities that suit a global firm like ours,” said Carin Bryans, senior country officer for J.P. Morgan in Ireland. “Given the momentum of our local businesses, this new building gives us room to grow and some flexibility within the European Union.”

In addition to the sale of 200 Capital Dock, a construction loan of €125 million has also been secured from Deutsche Bank for the entire 660,000 sq ft development. In total, these will fund the majority of all remaining project costs.

About Kennedy Wilson

Kennedy Wilson (NYSE:KW) is a global real estate investment company. KW owns, operates, and invests in real estate both on its own and through its investment management platform. KW focuses on multifamily and commercial properties located in the Western U.S., UK, Ireland, Spain, Italy and Japan. To complement its investment business, KW also provides real estate services primarily to financial services clients. For further information on Kennedy Wilson, please visit www.kennedywilson.com

KW-IR

About NAMA

NAMA [the National Asset Management Agency] is committed to facilitating the development of Grade A office space, commercial, residential and cultural accommodation in the Dublin Docklands SDZ [Strategic Development Zone] and works closely with joint venture partners, debtors and receivers with that objective in mind.

NAMA originally held an interest in 75% of the 22 hectares of undeveloped land in the Docklands SDZ. It is estimated that 4m sq ft of commercial space and in excess of 2,000 apartments will ultimately be delivered on the 15 sites in which NAMA originally held an interest.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170515005539/en/

Moody’s Corporation (NYSE:MCO) announced today that it has entered into a definitive agreement to acquire Bureau van Dijk, a global provider of business intelligence and company information, for €3.0 billion (approximately $3.27 billion). The acquisition extends Moody’s position as a leader in risk data and analytical insight.

“Bureau van Dijk is a high growth information aggregator and distributor that positions Moody’s at the center of a unique network of global risk data,” said Raymond McDaniel, President and Chief Executive Officer of Moody’s. “This acquisition provides significant opportunities for Moody’s Analytics to offer complementary products, create new risk solutions and extend its reach to new and evolving market segments.”

“Moody’s is a highly regarded, authoritative source of credit ratings and analytical tools, with a strong brand and global reach,” said Mark Schwerzel, Deputy CEO of Bureau van Dijk. “The addition of Bureau van Dijk’s powerful information platform to Moody’s Analytics’ suite of risk management solutions presents a wide range of opportunities for us to better serve our combined customer base.”

Bureau van Dijk, operating from its Amsterdam headquarters, aggregates, standardizes and distributes one of the world’s most extensive private company datasets, with coverage exceeding 220 million companies. Over 30 years, the company has built partnerships with more than 160 independent information providers, creating a platform that connects customers with data that addresses a wide range of business challenges. Bureau van Dijk’s solutions support the credit analysis, investment research, tax risk, transfer pricing, compliance and third-party due diligence needs of financial institutions, corporations, professional services firms and governmental authorities worldwide.

In 2016, Bureau van Dijk generated revenue of $281 million and EBITDA of $144 million. Bureau van Dijk will be reported as part of Moody’s Analytics’ Research, Data & Analytics (RD&A) unit. Moody’s expects approximately $45 million of annual revenue and expense synergies by 2019, and $80 million by 2021. On a GAAP basis, the acquisition is expected to be accretive to Moody’s EPS in 2019. Excluding purchase price amortization and one-time integration costs, it is expected to be accretive to EPS in 2018.

Moody’s will fund the transaction through a combination of offshore cash and new debt financing. The acquisition is subject to regulatory approval in the European Union and is expected to close late in the third quarter of 2017.

Bureau van Dijk is owned by the fund EQT VI, part of EQT, a leading alternative investment firm with approximately €35 billion in raised capital across 22 funds. EQT funds have portfolio companies in Europe, Asia and the U.S. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership.

"We are very pleased with Bureau van Dijk's development under EQT ownership and want to thank management and employees for their hard work and dedication. We see an excellent fit between Bureau van Dijk and Moody’s Analytics, and congratulate Moody’s on acquiring this uniquely positioned company," said Kristiaan Nieuwenburg, Partner at EQT.

The sellers were represented by Quayle Munro and JP Morgan.

CONFERENCE CALL

Moody’s will hold a conference call to discuss this acquisition on May 15, 2017, at 8:30 a.m. ET. Individuals within the U.S. and Canada can access the call by dialing +1-877-400-0505. Other callers should dial +1-719-234-7477. Please dial into the call by 8:20 a.m. ET. The passcode for the call is “Moody’s Corporation.”

The conference call will also be webcast with an accompanying slide presentation which can be accessed through Moody's Investor Relations website, http://ir.moodys.com under “Featured Events and Presentations”.

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ABOUT MOODY’S CORPORATION

Moody's is an essential component of the global capital markets, providing credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets. Moody’s Corporation (NYSE: MCO) is the parent company of Moody's Investors Service, which provides credit ratings and research covering debt instruments and securities, and Moody's Analytics, which offers leading-edge software, advisory services and research for credit and economic analysis and financial risk management. The corporation, which reported revenue of $3.6 billion in 2016, employs approximately 10,700 people worldwide and maintains a presence in 36 countries. Further information is available at www.moodys.com.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995

Certain statements contained in this release are forward-looking statements and are based on future expectations, plans and prospects for Moody’s business and operations that involve a number of risks and uncertainties. The forward-looking statements in this release are made as of the date hereof, and Moody’s disclaims any duty to supplement, update or revise such statements on a going-forward basis, whether as a result of subsequent developments, changed expectations or otherwise. In connection with the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, Moody’s is identifying certain factors that could cause actual results to differ, perhaps materially, from those indicated by these forward-looking statements. Those factors, risks and uncertainties include, but are not limited to, (i) as it relates to the proposed transaction: the costs incurred in negotiating and consummating the proposed transaction, including the diversion of management time and attention; the ability of the parties to successfully complete the proposed acquisition on anticipated terms and timing, including obtaining regulatory approvals (without any significant conditions being imposed); the possibility that the conditions to closing may not be satisfied and the transaction will not be consummated; the fact that, under the Securities Purchase Agreement entered into in connection with the proposed acquisition, the risk of the business of Bureau van Dijk shifts to Moody's as of December 31, 2016; not incurring any unforeseen, but significant liabilities; risks relating to the integration of Bureau van Dijk’s operations, products and employees into Moody’s and the possibility that anticipated synergies and other benefits of the proposed acquisition will not be realized in the amounts anticipated or will not be realized within the expected timeframe; risks that the proposed acquisition could have an adverse effect on the business of Bureau van Dijk or its prospects, including, without limitation, on relationships with venders, suppliers or customers; claims made, from time to time, by venders, suppliers or customers; changes in the European or global marketplaces that have an adverse effect on the business of Bureau van Dijk; the outcome of legal proceedings if any which may arise following the announcement of the proposed acquisition; any meaningful changes in the credit markets to the extent that they increase the cost of financing for the transaction; and the ability of Bureau van Dijk to comply successfully with the various governmental regulations applicable to its business, as they exist from time to time, and the risk of any failure relating thereto; and (ii) as it relates to Moody's generally, those factors, risks and uncertainties described in Moody’s annual report on Form 10-K and subsequent filings with the Securities and Exchange Commission. These factors, risks and uncertainties as well as other risks and uncertainties that could cause Moody’s actual results to differ materially from those contemplated, expressed, projected, anticipated or implied in the forward-looking statements are described in greater detail under “Risk Factors” in Part I, Item 1A of Moody’s annual report on Form 10-K for the year ended December 31, 2016, and in other filings made by Moody’s from time to time with the SEC or in materials incorporated herein or therein. Stockholders and investors are cautioned that the occurrence of any of these factors, risks and uncertainties may cause Moody’s actual results to differ materially from those contemplated, expressed, projected, anticipated or implied in the forward-looking statements, which could have a material and adverse effect on Moody’s business, results of operations and financial condition. New factors may emerge from time to time, and it is not possible for Moody’s to predict new factors, nor can Moody’s assess the potential effect of any new factors on it.

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Andersen Global is excited to announce a presence in Nigeria with the addition of the practice formerly run under WTS ADEBIYI & Associates. Effective July 1^st, 2017, the collaborating firm will join Andersen Global in Nigeria as Adebiyi Tax & Legal, and later adopt the Andersen name with locations in both Lagos and Abuja. This kickstarts Andersen’s expansion into Africa.

Lead Partner Olaleye Adebiyi commented, “As an Arthur Andersen alumnus, I look forward to rejoining the culture that helped shape my values—for me, this is like going back to my heritage. The collaboration with Andersen Global will allow us to develop better solutions to serve our clients and provide more extensive and quality coverage internationally.”

The firm will provide tax and legal services for international, multinational and individual clients in Nigeria, West Africa and globally. Their areas of specialization will include Tax Advisory & Regulatory Services, Transfer Pricing, Energy & Infrastructure, Consumer & Industrial Markets, Family Wealth and Private Clients, and Tax Adjudication/Litigation.

“Olaleye and his team have consistently shown a commitment to their clients and they will play a significant role in enhancing our client solutions in Africa,” said Andersen Tax CEO, Mark Vorsatz. “Adding a location in Nigeria is a strategic move and is our first entry into the region. Currently, we have other discussions in process and will continue to expand our capabilities in Africa as we add similar groups who share our core values.”

Andersen Global has more than 2,000 professionals worldwide and a presence in 63 locations through its member firms and collaborating firms.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170515005268/en/

WEX Card Australia Pty Ltd, a subsidiary of WEX Inc. (NYSE: WEX), a leading provider of corporate payment solutions, today announced that it has signed two significant agreements with Chevron International Pte. Ltd.

Chevron, a leading global integrated energy company, has selected WEX to develop, support and manage a fuel card processing platform for Chevron in 5 countries namely, Singapore, Hong Kong, Malaysia, Thailand and the Philippines. The second pillar of the deal includes an agreement to process Chevron’s fuel cards over the next 10 years.

“These agreements are testament to the capability of the WEX business in the Asia Pacific region. Increasingly we are seeing that WEX is the fuel card provider of choice for the major fuel companies in the region,” said George Hogan, WEX International Senior Vice President. “This agreement demonstrates that we are able to deliver complex projects and leading solutions for our partners to allow them to concentrate on their core function of getting fuel to their customers.”

While WEX has already been growing its footprint in Asia, this new deal represents its expansion into three additional countries in the region for the fuel arm of the business specifically Malaysia, Thailand and the Philippines.

About WEX Inc.

WEX Inc. (NYSE: WEX) is a leading provider of corporate payment solutions. From its roots in fleet card payments beginning in 1983, WEX has expanded the scope of its business into a multi-channel provider of corporate payment solutions representing more than 10 million vehicles and offering exceptional payment security and control across a wide spectrum of business sectors. WEX serves a global set of customers and partners through its operations around the world, with offices in the United States, Australia, New Zealand, Brazil, the United Kingdom, Italy, France, Germany, Norway, and Singapore. WEX and its subsidiaries employ more than 2,700 associates. The Company has been publicly traded since 2005, and is listed on the New York Stock Exchange under the ticker symbol "WEX." For more information, visit www.wexinc.com and follow WEX on Twitter at @WEXIncNews.

For more information about WEX Australia, please visit www.wexaustralia.com.

About Chevron

Chevron Corporation is one of the world's leading integrated energy companies. Through its subsidiaries that conduct business worldwide, the company is involved in virtually every facet of the energy industry. Chevron explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and lubricants; manufactures and sells petrochemicals and additives; generates power; and develops and deploys technologies that enhance business value in every aspect of the company's operations. Chevron is based in San Ramon, Calif. More information about Chevron is available at www.chevron.com.

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Intuit Inc. (Nasdaq:INTU) announced today the availability of free Practice Management features in QuickBooks Online Accountant, significantly reducing the number of tools accounting professionals need to manage their practice. Accountants in Australia, Canada, France, the United Kingdom and United States can now access the features directly in QuickBooks Online Accountant. The new work dashboard is fully mobile-enabled and gives accountants the power to track their work in the same place where they get it done. The availability of this first set of practice management features is the first step toward providing an end-to-end practice management solution designed with the accounting professional in mind.

“The Practice Management features in QuickBooks Online Accountant allow accountants to seamlessly track and coordinate all the work associated with their clients and firm, in one place, to help ensure nothing falls through the cracks,” said Rich Preece, leader of Intuit’s Accountant Segment, Small Business Group. “Accountants can now get high-level visibility across their initiatives – all in the cloud – and collaborate with clients and staff members much more efficiently.”

To develop the first Practice Management feature set, Intuit watched accountants complete their work and designed the new dashboard to solve three key challenges:

• From tedious management to command center: accountant work is completely deadline-driven, and the number of deadlines is enormous. The existing process to track client information and work is cumbersome, disjointed and highly manual, leaving employees overwhelmed and firm owners feeling anxious that deadlines might be missed, resulting in potential fines and client losses. With Practice Management, it takes seconds to create new jobs or tasks and assign them. Accountants can then edit job cards straight from the dashboard.
• From disconnected to integrated solutions: accountants often use several separate spreadsheets to track employees’ granular tasks, keep management informed of progress and track client information. Often times, there is no or very little integration between the tools they use every day to complete their work. QuickBooks Online Accountant is directly connected to the applications accountants use to perform work, making it the source of truth for client data and work management.
• From broken to central client communication: accountant communication with clients happens outside the context of work, which introduces challenges as much gets lost in translation. In fact, Intuit estimates accounting professionals spend 65 percent of their time tracking down source documents from clients. Practice Management features allow them to send document requests and messages to clients from QuickBooks Online Accountant. Clients can view and respond directly from QuickBooks Online.

Practice Management is free, regardless of the firm size or number of clients. Click here to see Practice Management in action and for more information, visit bit.ly/practicemanage.

Practice Management User Quotes:

• “The limited integration between various tools used to make me worried I might miss a deadline. QuickBooks Online Accountant manages my workflow seamlessly in one spot, helping me manage employees’ tasks and track client information.” Leanne Davis, Owner Operator, Sort it Out – Office Assist, Albury, Australia.
• “The new Practice Management features have enabled Jetstream Administration to be focused on delivering results to our clients instead of juggling multiple platforms of task lists and document requests. In one place, we can see what needs to be done and get it done!” Jennifer Bauldic, President, Jetstream Administration, Inc., Toronto, Canada.
• “Intuit as a company is always proactively looking for ways in which accountants’ lives can be made easier, and Practice Management is a feature which ticks this box so well. Anything that helps me to run a better business is very welcomed! This new feature gives the ability for me to create and assign new jobs or tasks in seconds and edit them straight from the dashboard. Less chance of deadlines being missed. Great!” Fiona Fraser, Chartered Accountant and Founder of Fraser+ Accountants, Perth, Scotland
• “The new Practice Management in QuickBooks Online Accountant is saving me time before I even start using it! The first time I clicked on the ‘Work’ tab, it had already created payroll jobs based on my client list. Thanks for thinking of me, QuickBooks Online Accountant team!” Stacy Kildal, Founder, Kildal Services, White Lake, Michigan.

About Intuit

Intuit Inc. is committed to powering prosperity around the world for consumers, small businesses and the self-employed through its ecosystem of innovative financial management solutions.

Its flagship products and services include QuickBooks® and TurboTax®, which make it easier to manage small businesses and tax preparation and filing. QuickBooks Self-Employed provides freelancers and independent contractors with an easy and affordable way to manage their finances and save money at tax time, while Mint delivers financial tools and insights to help people make smart choices about their money.

Intuit's ProConnect brand portfolio includes ProConnect Tax Online, ProSeries® and Lacerte®, the company's leading tax preparation offerings for professional accountants.

Founded in 1983, Intuit serves 42 million customers in North America, Europe, Australia and Brazil, with revenue of $4.7 billion in its fiscal year 2016. The company has approximately 7,900 employees with major offices in the United States, Canada, the United Kingdom, India, Australia and other locations. More information can be found at www.intuit.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170517005165/en/