REI Super Selects SS&C For Superannuation Administration

 (BUSINESS WIRE)--SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that REI Super (“REI”), the superannuation fund for Australia’s real estate industry, has signed a long-term agreement to partner with SS&C. REI selected SS&C to serve as the fund’s administrator following a competitive tender process.

SS&C Global Investor & Distribution Solutions (GIDS) will provide REI with superannuation administration services and streamlined operations support to its 24,000 members across Australia. REI will benefit from SS&C’s local administration expertise, supported by its global investment in digital service channels, automation and artificial intelligence to enhance the member experience.

“As one of Australia’s longest-standing superannuation funds, our focus has always been on serving our members,” said Jarrod Coysh, CEO of REI Super. “SS&C’s extensive track record in fund administration and innovative technology make them the ideal operations partner to help us best meet our members’ needs.”

“We are pleased to partner with REI Super,” said Shaun McKenna, Head of GIDS Australia at SS&C Technologies. “As the superannuation industry continues to grow and the regulatory environment evolves, it is imperative for funds to select the right external partner to meet their operational needs. We look forward to collaborating closely with REI to provide their members best-in-class experiences.”

SS&C is positioned to service over 1.6 million superannuation members and wealth accounts across Australia by the end of 2025, accounting for $180 billion (AUD) in funds under administration. The Australian market represents a key growth market for SS&C, which is also on track to add more local capacity, employees, and office space in the second half of the year to meet increased regional demand. Boosting SS&C’s presence will support its growing team of Australian employees, set to number nearly 2,000 by Q3. SS&C’s continued investment in the region highlights the company’s commitment to becoming Australia's leading superannuation administration partner.

About REI Super

REI Super is the leading industry super fund for the real estate industry in Australia. Founded in 1975, REI Super was built by, and for, the real estate industry and has consistently delivered personalised services and investment returns to its members and employers for over 50 years. REI Super provides superannuation and pension products, insurance products, and financial advice to over 24,000 Australians.

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. More than 22,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.

Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com.

Follow SS&C on X, LinkedIn and Facebook.

 

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Contacts

 

Brian Schell | Chief Financial Officer, SS&C Technologies

Tel: +1-816-642-0915 | E-mail: InvestorRelations@sscinc.com

Justine Stone | Investor Relations, SS&C Technologies

Tel: +1-212-367-4705 | E-mail: InvestorRelations@sscinc.com

Media Contacts

Sam Gentile

Tel: +1-646-818-9195 | E-mail: pro-SSC@prosek.com

Svante and Mercer International Advance Carbon Capture Project at Alberta Pulp Mill

 VANCOUVER, British Columbia 

(BUSINESS WIRE)--Svante Technologies Inc. (Svante), a leader in carbon capture and removal technology, today announced that its joint carbon capture and storage project with Mercer International Inc. (Mercer) has advanced to the Front-end Engineering and Design Phase 2 (FEL-2). Also known as Pre-FEED, this phase involves engineering, cost estimation, and risk analysis to evaluate the project's commercial viability. Mercer is a global producer of sustainably sourced forest products, including pulp, lumber, mass timber, biomass-based green energy, and bioextractives.

The carbon capture project targets biogenic CO2 emissions from Mercer’s Peace River pulp mill, where the biomass (fibre) is sourced from sustainably managed forests. Advancing to the Pre-FEED stage will support further development of the integrated design, cost estimates, and risk assessments—key steps toward a final investment decision and potential implementation. This milestone reflects the growing momentum for carbon capture solutions within Canada’s pulp and paper sector.

Matt Stevenson, Chief Revenue Officer at Svante, said the advancement to Pre-FEED demonstrates the company’s momentum in the pulp and paper sector. “We are thrilled to advance this project with Mercer at their Peace River mill to the pre-FEED stage. This will demonstrate the viability of our technology for the pulp and paper industry in Western Canada, enabling carbon removal at scale by working in tandem with nature and highlighting our commitment to providing sustainable solutions for an industrial future.”

Svante’s second-generation carbon capture technology is engineered for commercial-scale deployment in industrial environments such as pulp mills—settings where integration must be cost-effective, modular, and resilient to operational variability. As decarbonization efforts intensify across heavy industry, this project offers a timely opportunity to demonstrate how advanced capture systems can be applied within existing infrastructure.

At the core of Svante’s solution is its structured sorbent filter system, which uses solid materials coated with metal-organic frameworks (MOFs)—nanomaterials specifically designed to selectively capture CO₂ molecules. These filters represent a meaningful evolution over earlier carbon capture systems, offering reduced energy requirements and broader industrial applicability.

Key Technical Features

Utilizing a novel carbon capture technology for commercial deployment, Svante's second-generation capture technology maximizes low-grade waste heat from pulp mills, reducing energy consumption and increasing cost-effectiveness. Svante’s technology also provides:

Robust Particulate Handling: Structured adsorbent filters are highly resistant to particulate fouling, ensuring consistent performance in challenging pulp mill environments.

Environmentally Responsible Design: Materials are free from toxic emissions and degradation byproducts. The company’s sorbent-based filters are designed to be recyclable, minimizing environmental impact.

Rapid Response to Operational Fluctuations: Svante's rapid capture process adapts quickly to intermittent operations, eliminating the need for onsite liquid solvent storage and makeup.

Compact and Modular Design: Minimizes capture plant vertical footprint and visual impact, offering significant benefits for site integration.

Additional Project Highlights

Leveraging Clean Power Production from the Mercer Peace River Mill: The project’s energy requirements will be met by low-carbon electricity generated onsite, with recovered waste heat further increasing the net CO₂ emissions avoided.

Sustainably Sourced Fibre: The mill sources its fibre from sustainably managed forests certified to SFI.

Permanent and Safe CO2 Storage Within Alberta’s Abundant Sequestration Resource: Alberta has proven, abundant geologic reservoirs—formations capable of securely storing CO₂—supported by a government-enabled regulatory framework that includes robust permitting processes and liability management tools.

Bill Adams, Chief Sustainability Officer at Mercer, said, "The collaboration with Svante reflects Mercer's drive to pursue climate innovation opportunities that align with our business goals. Examining carbon capture in a commercial mill setting gives us a valuable opportunity to assess its long-term potential—both for our own operations and for advancing decarbonization pathways across the industry.”

The project represents a meaningful step toward enabling industrial carbon capture in Canada’s pulp and paper sector, advancing practical climate solutions from concept to potential deployment.

About Svante

Svante is a purpose-driven, leading carbon capture and removal solutions provider. The Vancouver, Canada-based company manufactures nanoengineered filters and modular rotary contactor machines that capture and remove CO2 from industrial emissions and the air in an environmentally responsible manner. Svante is on TIME & Statista’s Top Greentech Companies of 2025, the 2025 Global Cleantech 100, the XPRIZE Foundation’s XB100 – World’s Top 100 Deep Tech Companies, and was ranked second among private companies in the Corporate Knights’ Future 50 Fastest Growing Sustainable Companies.

For more information, visit www.svanteinc.com and follow Svante on LinkedIn at www.linkedin.com/svantesolutions.

 

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Contacts

Media

Colleen Nitta

Director of Marketing & Communications

cnitta@svanteinc.com

604-970-2813

Andersen Global Strengthens Philippines Platform with Du-Baladad and Associates

 SAN FRANCISCO - 

(BUSINESS WIRE) -- Andersen Global enhances its footprint in the Asia Pacific through a Collaboration Agreement with Du-Baladad and Associates, a tax and corporate services firm based in the Philippines.

Founded in 2009 by Managing Partner Benedicta Du-Baladad, the firm offers a full range of services including tax advisory and planning, transfer pricing, international tax, tax disputes and litigation, compliance, and incentives assistance. Consistently recognized as a leading tax firm in the Philippines by Chambers and Partners, International Tax Review, The Legal 500, and Asialaw, the firm serves multinational enterprises and large domestic corporations across industries such as financial services, energy, oil and gas, manufacturing, real estate, and technology.

“Our firm is built on a total client-care approach that prioritizes practical and tailored strategies to manage risk and reinforce our clients’ business goals,” said Benedicta. “Through this collaboration with Andersen Global, we will further expand our ability to deliver end-to-end solutions supported by the resources of the member and collaborating firms around the world.”

“Du-Baladad and Associates brings a complete suite of tax capabilities with a proven track record of delivering value to clients in one of the most dynamic markets,” said Mark L. Vorsatz, global chairman and CEO of Andersen. “As the Philippines continues to attract increased international interest and regulations evolve, Benedicta and her team are well positioned to guide clients through these challenges. Their addition strengthens our platform in the region and reinforces our commitment to providing comprehensive services globally.”

Andersen Global is an international association of legally separate, independent member firms comprised of tax, legal, and valuation professionals around the world. Established in 2013 by U.S. member firm Andersen Tax LLC, Andersen Global now has more than 20,000 professionals worldwide and a presence in over 500 locations through its member firms and collaborating firms.

 

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Contacts

Megan Tsuei

Andersen Global

415-764-2700

 

Giovanni Brienza Appointed President of Frontline International

 CLEVELAND - Thursday, 01. May 2025 AETOSWire Print 

Longtime leader to guide day-to-day operations

(BUSINESS WIRE) -- Frontline International, celebrating 25 years of innovation in commercial kitchen solutions, has appointed Giovanni Brienza as its new president. Founder John Palazzo will continue as CEO, focusing on strategic direction and long-term growth initiatives.

Frontline is a USA-based manufacturer of systems used globally by foodservice operations for safer, more sustainable fat, oil, and grease (FOG) management. The company’s automated solutions increase kitchen safety.

Brienza, who joined Frontline in 2004, brings 21 years of operational expertise and engineering insight to his new role. He has been a key architect behind many of Frontline’s most impactful innovations, from equipment and software systems to strategically expanding the company’s footprint into key international markets. Under his leadership, Frontline has grown its presence across North America, Europe, Asia, the Middle East, and Latin America—building strong partnerships, establishing global distribution networks, and adapting solutions to meet diverse regional needs.

In support of its global growth, Frontline has also deepened its vertical integration efforts—bringing stages of its manufacturing processes in-house to increase production output, drive quality improvements, and accelerate innovation. By controlling critical aspects of product design, fabrication, and assembly, the company is now able to deliver higher-performing systems with greater consistency, speed, and customization to meet customer needs worldwide.

“Giovanni has been central to our transformation from a startup to a truly global company,” said Palazzo. “His leadership, loyalty, and passion for our mission are unparalleled. There’s no one better suited to guide us through this next phase of growth.”

Under Brienza’s leadership, Frontline will continue scaling operations, strengthening customer support, vertically integrating manufacturing processes, and driving new innovations that enhance safety, efficiency, and sustainability in commercial kitchens worldwide.

“Frontline has always been about challenging the status quo in foodservice,” added Brienza. “Together, we’ll keep pushing boundaries—with automation that makes sense, systems that foster healthier kitchens, services that drive profitability for our partners, and manufacturing excellence that ensures the highest quality solutions for every customer around the globe.”

For more information, visit www.frontlineii.com.

About Frontline International

Frontline International, Inc. designs, manufactures, and distributes superior commercial foodservice equipment for the storage, handling, and disposal of cooking oil and other greases. The company also offers turnkey oil management under its OilCare® bundled services program. For more information, contact Phone: +1 330-861-1100. Web: http://www.frontlineii.com. Email: info@frontlineii.com.

 

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Christina Campbell: 216.579.6100 ext. 8

e-mail: christina@CunninghamBaron.com

 

MAG Signs Strategic Partnership with Multibank Group to Tokenize $3 Billion Real Estate Assets

 Dubai, United Arab Emirates - Thursday, 01. May 2025 AETOSWire  

 

MAG, the leading real estate developer in the UAE has signed a historic $3 billion tokenization agreement with MultiBank Group, the world’s largest financial derivatives institution based in Dubai, and Mavryk, a leading blockchain innovator — marking the largest real-world asset (RWA) tokenization initiative globally to date. The initiative highlights the imminent launch of $MBG, the utility token at the core of MultiBank’s next-generation digital finance ecosystem. 

The partnership will bring MAG’s high-value real estate developments — The Ritz-Carlton Residences, Dubai, Creekside, part of the Keturah Resort, and Keturah Reserve — onto the blockchain, making them available to global investors via MultiBank.io’s fully regulated RWA marketplace. Once launched, holders of the RWA assets will be able to earn yield distributed daily on the MultiBank.io platform.

 The $MBG token will power access, staking, fee payments, and platform engagement, positioning it as the infrastructure layer behind institutional-grade digital asset offerings.

As part of the agreement, MAG will provide its premium real estate inventory for tokenization, while Mavryk will deliver the blockchain infrastructure to support on-chain asset issuance and DeFi integrations. MultiBank Group will oversee regulatory compliance, secondary market liquidity, and platform governance.

Talal Moafaq Al Gaddah, Senior Executive Vice Chairman of MAG, said: "At MAG, we have always been driven by excellence and a passion for shaping the property landscape of tomorrow. Partnering with MultiBank Group marks a milestone in broadening access to high-value developments and unlocking liquidity via blockchain."

“This isn’t just a real estate deal — it is a flagship use case for the $MBG token. By enabling seamless access to $3B in tokenized property, MultiBank becomes the bridge between regulated finance and next-generation investment infrastructure.” said Zak Taher, Founder and CEO of MultiBank.io.

The initial tokenization of $3 billion is just the beginning. The platform is built to scale up to $10 billion in assets, setting the stage for a new era of programmable ownership and compliant digital investing — with $MBG at its foundation.

Legal Disclaimer

The Ritz-Carlton Residences, Dubai, Creekside, are not owned, developed, or sold by The Ritz-Carlton Hotel Company, LLC or its affiliates (“Ritz-Carlton”). MAG of Life FZ-LLC uses The Ritz-Carlton marks under a license from Ritz-Carlton, which has not confirmed the accuracy of any of the statements or representations made herein.

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Contacts

Khaled Abu Hishme

khaled@cbpr.me

OPEX® Sure Sort® X with Xtract™ Automated Sorting, Retrieval and Delivery System Wins Prestigious International Red Dot Award for Product Design

  MOORESTOWN, N.J. - Thursday, 01. May 2025 AETOSWire 

(BUSINESS WIRE) -- OPEX® Corporation, a global leader in Next Generation Automation providing innovative solutions for warehouse, document and mail automation, is proud to announce its Sure Sort® X with Xtract™ automated sorting, retrieval and delivery system has been recognized with the prestigious Red Dot Award: Product Design 2025. The annual Red Dot Award design competition is regarded as one of the best-known and largest in the world, with winners selected by an international panel of experts who follow the credo, "In search of good design." This marks the second consecutive year OPEX has received the Red Dot Award, recognized in 2024 for its Infinity® automated storage and retrieval system (AS/RS).

"We are deeply honored to receive the Red Dot Award: Product Design 2025 for our Sure Sort X with Xtract system," said Alex Stevens, President of Warehouse Automation, OPEX. "For 50 years, OPEX has been developing innovative, unique solutions to help our clients solve their most significant business challenges. This award reflects the commitment of our talented design team to lead the way in transforming how business is conducted.”

OPEX Corporation’s Sure Sort X with Xtract is the only fully adaptable, turnkey offering in the warehouse automation marketplace that automates multiple manual tasks — sorting, retrieving and packaging orders — with a one-touch solution, increasing overall efficiency and alleviating ongoing labor challenges.

The most versatile and robust industrial sorting solution available, Sure Sort X is unmatched in its compact footprint, performance rates, and adaptability to meet specific needs. It handles nearly 100% of customer-sortable items up to 20 pounds (9 kg), and sorts items into a configurable array of mixed bin sizes and types, all while maintaining a throughput of up to 2,100 items per hour.

When Sure Sort X is paired with Xtract — OPEX’s revolutionary automated order retrieval system — the task of retrieving totes and transferring their contents into shipping containers is fully automated as well, eliminating the need to manually sort and transfer boxes downstream. Xtract handles complete orders up to 30 pounds (13.6 kg), addressing multiple order fulfillment possibilities that span various ecommerce and market vertical needs.

The international Red Dot distinction is among the most sought-after marks of quality. The 2025 Red Dot Award: Product Design jury comprised 43 experts from 21 countries. Submissions were received from more than 60 different countries. Award winners were selected based on numerous aspects including aesthetic appeal, functionality, and smart or innovative engineering, with all of these attributes demonstrating outstanding design as a common theme. Award winners are honored at the annual Red Dot Gala in Essen, Germany, and featured in the Red Dot yearbook, museum and online.

About OPEX

OPEX® Corporation is a global leader in Next Generation Automation, providing innovative, unique solutions for warehouse, document and mail automation. With headquarters in Moorestown, NJ—and facilities in Pennsauken, NJ; Plano, TX; France; Germany; Switzerland; the United Kingdom; and Australia—OPEX has nearly 1,600 employees who are continuously reimagining and delivering customized, scalable technology solutions that solve the business challenges of today and in the future. The year 2025 marks the company’s 50th anniversary under the multigenerational ownership and leadership of the Stevens family.

 

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For Additional Information

Laura Evans

levans@opex.com

+1.856.727.1100 x 5012

 

Dollar Car Rental UAE Signs Strategic MoU with Danube Sports World to Elevate Customer Experience

 Dollar Car Rental UAE and Danube Sports World, the largest indoor sports facility in the Middle East, have signed a Memorandum of Understanding (MoU) today at the Arabian Travel Market (ATM), under which Dollar will offer exclusive rental benefits to Danube’s customers. The partnership aims to deliver enhanced lifestyle value and convenience through a series of collaborative initiatives.

As a first step, Danube Sports World members will now enjoy exclusive rental discounts from Dollar Car Rental, including 10% off on daily and weekly bookings and 7% off on monthly rentals, via a dedicated promo code.

The MoU was signed by Marwan Almulla, General Manager of Dollar Car Rental in Dubai and Oman, and Madhusudhan Rao, Group CEO of Danube Group. The partnership marks the beginning of a long-term collaboration focused on delivering exclusive benefits and seamless experiences to customers of both brands.

Madhusudhan Rao of Danube Group, added:

“Danube Sports World is about creating an ecosystem where sports, wellness, and lifestyle come together. Our partnership with Dollar Car Rental allows us to extend that ecosystem beyond our facility. Whether it's a tournament, a weekend game, or a training session, our members now have the added benefit of seamless, discounted transportation. We’re thrilled to kick off this collaboration and explore new ways to reward our loyal customer base.”

Marwan Almulla of Dollar Car Rental UAE, said:

“This partnership is about rewarding active lifestyles with smart mobility choices. We’re excited to partner with a brand that shares our passion for enhancing customer experiences. Their community represents an active, vibrant audience that appreciates flexibility and convenience, both on and off the court. Through this partnership, we’re proud to provide value-added mobility options that complement their dynamic lifestyles. We look forward to expanding the partnership into broader lifestyle offerings.”

With over 30,000 active members, Danube Sports World has become a premier destination for sports enthusiasts across the UAE.

The agreement lays the foundation for a broader alliance between the two brands. Future phases are expected to introduce bundled experiences, lifestyle perks, loyalty integrations, and curated offers that enhance the overall value proposition for customers.

As both Dollar Car Rental UAE and Danube Sports World continue to focus on innovation and customer-centric solutions, this partnership represents a forward-looking step in aligning mobility with modern living.

About Danube Sports World

Danube Sports World is the UAE’s largest indoor sports facility, spanning 200,000 sq ft in the heart of Dubai. The climate-controlled arena features 9 padel courts, 8 badminton courts, 2 basketball courts, 4 indoor cricket courts, 3 five-a-side football pitches, 2 pickleball courts, 6 table tennis tables, 1 tennis court, a kids' play area, a 120-seat café, ample parking, and full amenities. With first aid and doctors on-site, Danube Sports World offers a safe, all-year-round destination for recreational sports, corporate events, and team-building activities.

For more information, please visit: https://danubesportsworld.com/

About Dollar Car Rental UAE

Dollar Car Rental, a globally recognized leader in the rental car industry, operates with a commitment to providing exceptional customer service and a high-quality fleet of vehicles. Whether for leisure or business travel, Dollar ensures a seamless experience for all customers with its convenient locations nationwide and worldwide.

Dollar Car Rental UAE is proud to collaborate with top-tier brands such as Pepsi, Mai Dubai, RTA, ZULAL, NFPC, Aramex, Carrefour, and more. As a trusted partner in total transportation solutions, Dollar helps these companies reduce fleet management costs, improve fleet compliance, and achieve tailored business goals through customized vehicle builds and flexible leasing options.

With one of the largest and most diverse fleets in the UAE, Dollar Car Rental is the ideal choice for businesses requiring reliable transportation of valuable or perishable goods, offering long-term leasing options up to 5+ years.

For more information, please visit: https://www.dollaruae.com/

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Contacts

Melwyn Abraham

melwyn@matrixdubai.com