Connect with us

Blockchain

SpiderOak Expands Executive Team With Key New Hire

Vlad Poptamas

Published

on

 

SpiderOak is pleased to announce and welcome Michael Campanelli, who will join the SpiderOak Mission Systems team as the Vice President of Federal, working remotely from the DC Metro Area.  Within this role, Campanelli will establish and lead the SpiderOak business in the government market, specifically supporting customers in the Intelligence & Defense communities.

Michael comes to SpiderOak from Prominent Edge LLC where he was the Executive Director of Business Development, responsible for all new business ventures, contracts, marketing, and sales.  A former Director on the Board of Directors for the United States Geospatial Intelligence Foundation (USGIF), Mr. Campanelli is a sixteen-year veteran of the U.S. Intelligence Community and has spent his career leading teams in the design and implementation of large-scale systems for the storage, analysis, and exploitation of complex data.

“Michael has the leadership experience, proven track record, and stellar reputation in IC and DoD spaces, which is exactly what we need as we take our business to the next level,” said Christopher Skinner, Chief Executive Officer, SpiderOak.  “At SpiderOak Mission Systems Michael will introduce the federal market to a disruptive new technology that helps protect our nation and save lives.”

“I was attracted by the company’s mission to Secure the World’s Data and the commitment that the company has to improve our nation’s security,” Campanelli said. “I believe that truly secure products – on-demand cryptographically secure enclaves – are going to change how the federal government works, shares, and communicates data.  This technology is a game changer.”

Campanelli combines his experience in business development and leadership with past experience in a number of other areas, specifically Motion Intelligence, Mission Planning, and Radar.  Throughout his career Michael has had the honor and privilege to work both behind a desk and in the field, including the opportunity to spend time at sea on board the Aegis Guided Missile Destroyer, USS The Sullivans.  Mr. Campanelli earned a B.S. in Aerospace Engineering and a B.S. in Mechanical Engineering from West Virginia University, a M.S. in Systems Engineering from The George Washington University, completed post-graduate study in Geospatial Intelligence at Penn State University, and most recently completed a course of study in Data Science at MIT.

“We offer a preventive way that stops the pain caused by so few to so many,” added Skinner.  “It’s time to embrace new and seek out the root cause of constant failure.  We make it possible to operate on any network, creating enterprise controls for distributed systems.  Michael Campanelli brings the experience and knowledge needed to fulfill our mission.”

SpiderOak builds need-to-know technology that supports customers working in hostile environments. Traditional systems trust IT infrastructure to maintain the whole security system, even though the news is rife with evidence that this model does not work. Our software combines end to end encryption with a distributed ledger technology to offer best-in-class security with no backdoors.

 

SOURCE SpiderOak

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Blockchain

Cryptocurrency Market Report 2020: Technology, Applications and Implementation for Financial Services

GlobeNewswire

Published

on

Continue Reading

Blockchain

TCS Positioned as a Leader in Capital Markets Operations by Everest Group

Vlad Poptamas

Published

on

 

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been recognized as a Leader in the Everest Group PEAK Matrix™ for Capital Markets Operations1.

In an assessment of 24 global service providers offering capital markets operations services, TCS was placed highest for Vision and Capability, as well as Market Impact. Additionally, it was named a Star Performer for having top quartile year-on-year improvement in its scores.

TCS’ strong position in the overall capital markets segment is attributed to consistent growth in its portfolio with multiple new wins. According to the report, the company has continuously worked on creating solutions backed with the latest technology to help its customers solve operational problems more efficiently. It mentions TCS BaNCS™ Cloud for Asset Servicing that automates the servicing of multiple asset classes across custodians, brokerages, asset managers, and investment banks. The report also highlighted a successful POC where TCS powered the world’s first cross-border securities settlement between two central depositories using Quartz™ Blockchain.

With growing competition in the capital markets segment, customer preference for digital channels, and increasingly complex regulations, financial institutions are banking on innovative use of technology to stay ahead,” said K Krithivasan, Business Group Head, Banking, Financial Services and Insurance, TCS“This recognition from an independent third-party research firm is a testament to our vision, capabilities, services offered, and market impact.”

TCS offers a comprehensive portfolio of services in the capital markets domain. Its customers include over 85 buy and sell side firms as well as market infrastructure firms and custodians. TCS’ in-depth domain solutions cover all functions and include:

  • Front Office: Research and analytics, channel management support, para planning for wealth management customers
  • Middle Office: Post trade processes including trade affirmation / confirmation, pricing and valuation, portfolio accounting and reconciliations
  • Back Office: Settlements, reconciliation and fails management accounting including fund accounting, fund administration, and transfer agency

Guided by its Business 4.0TM thought leadership framework and the Machine First™ Delivery Model (MFDM™), TCS has made steady investments and developed frameworks, point solutions and showcases. These include the wealth and retirement platform on TCS BaNCS, a wealth advisory solution, robo advisor and event fusion solution, conversational agents powered TCS’ proprietary tool Conversa™, interactive customer reporting, X code, and distributed ledger technologies for corporate actions, among other blockchain, robotic process automation, platform modernization-based frameworks.

In an environment shaped by changing user preferences and pressure from fintechs, it has become critical for financial institutions to connect their front- and back-office functions seamlessly,” said Manu Agarwal, Practice Director, BFS Business Process Services, Everest Group. “Supported by strong operational expertise and digital offerings, TCS enables its customers to deliver this superior experience.”

Our rich experience in capital market services, regulatory knowledge, innovative offerings backed by the latest digital technologies, and deep contextual knowledge places us in a strong position to deliver exponential value to our capital markets customers,” added Krithivasan. 

 

SOURCE Tata Consultancy Services

Continue Reading

Blockchain

Huobi Token (HT) Reaches New High Amid Increased Adoption and Ongoing Ecosystem Development

Vlad Poptamas

Published

on

 

Huobi Global today announced that Huobi Token (HT) has reached a new 12-month high amid the continued growth and development of the whole ecosystem. As of yesterday, HT was trading at a token price of $5.27 USD, a 92% increase since the close of 2019 – and nearly a 5X increase compared to this time last year.

As the native token of digital asset exchange Huobi Global, HT’s new milestone underscores the recent progress of Huobi’s global ecosystem. Last month, Huobi Global and Huobi DM experienced a strong start to 2020 with a 65% month-over-month spike in aggregate trading volume.

Huobi has also transitioned from quarterly to monthly token burns, which are based on a percentage of Huobi Global and Huobi DM’s revenues for each corresponding period. For Huobi’s first monthly burn, 4.057 million HT were repurchased and destroyed in January, which has a current market value of $21.4 million USD. A total of 45.838 million tokens have been burned to date.

“2020 is a pivotal year for Huobi as we enter new global markets and continue expanding our product line-up for both institutional and retail audiences,” said Ciara Sun, Vice President of Global Business at Huobi Group. “HT is a foundational part of the Huobi ecosystem, so we are deeply committed to its success.”

HT Product Roadmap

As part of a longer-term strategic roadmap for HT, Huobi has a number of upcoming initiatives planned that aims to further increase the token’s utility for the broader blockchain and crypto community.

Huobi DM’s new Perpetual Contract product, which is currently undergoing internal testing and nearing public launch, will be incorporated into the HT Token Burn Program. HT will also play an integral role in the ecosystem of Huobi Chain, a regulator-friendly financial blockchain that’s slated for testnet launch in the near future.

Additional features in development include HT margin trading with up to 2X leverage, which is expected to launch in March, and collateralized HT for peer-to-peer crypto lending and pledged loan contract assets.

HT Ecosystem Adoption

To further expand HT’s utility beyond the Huobi ecosystem, Huobi is accelerating efforts to integrate with third-party partners, including international credit cards, digital bank cards, blue-chip technology companies, and global entrepreneurship centers.

HT was recently accepted as a payment option for charitable donations to Project HOPE, a global nonprofit organization that has been providing health development and emergency relief since 1958. Last month, Huobi partnered with a leading crypto-friendly hotel booking platform to integrate HT as a preferred payment method on Travala.com.

 

SOURCE Huobi Group

Continue Reading

Trending

TheBlockchainExaminer is part of PICANTE Media and Events, a leading media and boutique event organizer in the European Union with a monthly reach of +50,000 readers. The official company (PROSHIRT SRL), has been listed for 4 years in a row among the top 3 Advertising and market research agencies in the local Top Business Romania Microcompanies based on the Financial Reports. TheBlockchainExaminer digests / hand picks the latest news about the blockchain industry and serves them to you daily.

Contact us: sales@picante.today

Editorial / PR Submissions

© TheBlockchainExaminer.com 2019 - 2020 - part of PICANTE Media. All rights reserved. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania