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CJ Foods bibigo Brings Korean “Sijang” to Paris

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PARIS, July 23, 2024 /PRNewswire/ — CJ Foods, a leading South Korean food company, is introducing its flagship brand, bibigo, at KOREA HOUSE located in Maison de la Chimie during the Olympic Games Paris 2024.

Due to the growing European market, CJ Foods‘ Q1 2024 sales in Europe saw a 45% increase compared to the previous year. There was a specifically high demand for Korean dumplings and street foods like tteokbokki (sweet and spicy rice cake), which have made viral hits on TikTok and YouTube through “mukbangs” (eating shows).

Following the opening of its French subsidiary in May, CJ Foods is expanding its European presence through its global bibigo brand. CJ Group will be the main sponsor of KOREA HOUSE during Paris 2024, a public event (hosted by the Korean Sport & Olympic Committee) aimed at introducing K-culture to France.

From July 25 to August 11, bibigo will operate an experiential booth at KOREA HOUSE where locals and tourists can enjoy authentic Korean food right in the heart of Paris.

For that purpose, bibigo has set up an original Korean food market “Sijang” in the heart of Paris, in Maison de la Chimie. Found in bustling, energetic environments, Sijangs are historical cornerstones epitomizing the social community of Koreans, serving as essential spots for Koreans seeking convenient, comfort foods. By bringing together the essence of community and locality of both market traditions, bibigo’s booth is designed to showcase the diversity, vibrant energy, and cultural significance of Korean cuisine to the French.

“Thanks to the influence of Korean films and content, Sijangs have become popular attractions for tourists. Cities like Myeongdong host blocks of stands that sell authentic Korean street foods like tteokbokki and corn dogs, which is the influence behind our activation concept. Visitors will feel as if they’ve walked straight into their favorite K-drama or film location, experiencing Korea without actually visiting,” said Yujin Shin, Head of CJ Foods France.

Bibigo will offer classic pairings of “bunsik” (Korean street food), where visitors can enjoy freshly prepared mandu (Korean dumplings) or jumeokbap (rice balls) with tteokbokki and kimchi. European consumers can find these beloved products in their local markets soon, as bibigo prepares to launch new items like chicken skewers in major European retailers throughout the second half of the year. Bibigo’s activation not only provides a genuine taste of Korea, but aims to enhance accessibility for European consumers by creating a platform of opportunity with local retailers and distributors.

In addition to culinary tastings, bibigo will host daily missions for guests to receive free bibigo snacks and branded merchandise (tote bags, T-shirts) to take home. Other participating exhibits will showcase the history of Korean achievements at the Olympic Games, ancient artifacts such as 19th-century hanbok (traditional Korean garments), and vibrant aspects of K-culture through live K-pop performances, K-beauty exhibitions, and K-photo booths, all in collaboration with leading Korean brands.

For seamless entry, guests who pre-register online at teamkoreahouse.co.kr can enjoy streamlined access to “Play the K” and immerse themselves in various aspects of K-culture and K-heritage. (On-site registrations are also available) Visitors taking public transportation or commuting by foot through the Blue Zone will not require the Pass-jeux to access the site.

On the 25th, the inauguration of Korea House will be celebrated with a ceremony banquet hosted by Cuisine.K, CJ Foods’ initiative to nurture young Korean chefs and promote Korean cuisine globally. Young chefs from Cuisine.K will be joining the inauguration ceremony to showcase the potential and global scalability of K-food by presenting a menu that modernly reinterprets the taste of traditional Korean cuisine.

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Beyondsoft Showcases Financial AI Solutions for Southeast Asian Markets at Hong Kong FinTech Week 2026

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Company presents financial technology platforms and shares experience in adapting solutions for Southeast Asian markets

HONG KONG, Nov. 3, 2026 /PRNewswire/ — Beyondsoft showcased its financial AI and digital solutions at Hong Kong FinTech Week x StartmeupHK 2026, where the company also shared its experience of adapting fintech capabilities developed in China to the needs of Southeast Asian markets.

The company presented its AI agent platform, mobile application development platform and enterprise digital currency payment collection system. Its team met with financial institutions, technology companies and industry organisations to discuss AI applications, implementation challenges and opportunities for collaboration across the region.

AI and Digital Solutions for Financial Services

Beyondsoft’s AI agent platform combines large language models with industry knowledge bases to support risk management, oversight of funds, automated regulatory reporting and targeted customer engagement. The platform is designed to bring AI into financial workflows and help institutions explore end-to-end automation of core business processes.

Built on Beyondsoft’s proprietary technology, the mobile application development platform supports financial apps across multiple device environments and enables faster updates, helping teams improve development and delivery efficiency.

The enterprise digital currency payment collection system provides payment collection services for financial institutions and corporate clients through a customised software-as-a-service model.

Conversations at the exhibition focused on where financial AI agents could be most useful, how to implement them and how to assess their business value. The team also discussed potential partnerships in mobile financial services and digital payments.

Adapting China’s Fintech Experience to Southeast Asian Markets

As part of the event, Ariel Lin, who leads Beyondsoft’s Innovation Lab and AI Practice, delivered a presentation on adapting China’s financial AI capabilities to Southeast Asian markets.

Drawing on China’s experience in core banking, AI-powered lending at scale and generative AI in production, Lin emphasised that international expansion requires more than exporting products. Technical expertise, experienced people and proven delivery practices are equally important.

Customer expectations, operations and infrastructure vary across Southeast Asia. Technology providers need to adapt their solutions to each market and work with local teams to build the skills needed to maintain and develop them. Technology transfer and knowledge sharing can help local businesses build these capabilities over time.

Addressing Local Regulatory Requirements

The presentation also examined differences in regulatory requirements across Southeast Asia, with examples from Singapore, Malaysia, Indonesia and Thailand. Topics included data protection, biometric identity verification, the fairness and explainability of AI-assisted decisions, and financial data sharing.

For cross-border projects, these requirements need to be considered from the outset. Data use must comply with applicable purpose limitations and consent requirements. Biometric applications require attention to liveness detection and accuracy, while AI-assisted decisions need to address fairness and explainability. Financial data sharing must also comply with local banking secrecy and credit information requirements.

Lin emphasised that compliance needs to be built into solution design and implementation to help financial institutions manage the risks of deploying AI across markets.

Experience in Cross-Border Delivery

Beyondsoft’s work for the overseas branches of a Chinese global bank illustrated the demands of cross-border technology delivery. The projects covered personal and corporate mobile banking, credit card applications, mobile workplace tools and mobile learning platforms.

The work required experience in financial systems development, coordination across platforms and complex project delivery. For institutions operating across borders, individual applications also need to work together, support business continuity and meet regional requirements.

With its International Headquarters in Singapore, Beyondsoft continues to connect technology expertise from China with business needs in Southeast Asia. Drawing on its financial technology experience and global service network, the company will explore AI applications and service models suited to regional markets, working with industry partners to bring AI into financial business processes.

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About Beyondsoft

Beyondsoft is a global technology services and solutions company helping organisations accelerate digital transformation and turn technology into business value. With more than 30 years of experience and a global talent network of nearly 30,000 professionals, Beyondsoft delivers capabilities spanning AI and data intelligence, cloud and infrastructure, digital platforms, enterprise applications, managed services and localisation capabilities.

With its International Headquarters in Singapore, Beyondsoft supports organisations across Southeast Asia and beyond, combining global technology expertise with local market delivery capabilities. Through its ecosystem of technology partners and industry solutions, Beyondsoft works with organisations of all sizes to adopt emerging technologies, improve operational efficiency and drive sustainable growth.

www.beyondsoft.com

 

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SOURCE Beyondsoft

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Notice of Data Event

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EAST LONGMEADOW, Mass., Nov. 2, 2026 /PRNewswire/ — Magnolia Management Company, LLC (“Magnolia”) is providing notice of a recent data privacy event that may have affected limited protected health information for certain individuals. On April 3, 2026, Magnolia became aware of unauthorized activity in one employee email account. Upon discovery, Magnolia took immediate action to secure its email environment and investigate the scope of the event, including hiring a third-party forensic investigation firm. Following a thorough review, Magnolia confirmed that a limited amount of information may have been accessed by an unauthorized individual. Magnolia undertook a comprehensive review of the impacted data to identify what type of information was contained therein, and to whom that information belonged. On August 10, 2026, that review was completed.

In response to this event, Magnolia also implemented additional technical safeguards to further enhance the security of information in its possession and with the aim of preventing similar events from happening in the future. While there is no evidence of actual or attempted misuse of any information as a result of this event, Magnolia will be providing impacted individuals with access to complimentary credit monitoring and identity protection services.

Magnolia takes the confidentiality of information in its care very seriously and regrets any inconvenience or concern caused by this event. If you have any questions, please call our dedicated assistance line at 833-918-4065, Monday – Friday, 8 am – 8 pm CT, excluding major U.S. holidays.

Individuals are encouraged to remain vigilant against events of identity theft by reviewing credit reports, account statements, and explanation of benefits forms for suspicious activity and to detect errors.

Individuals may place a fraud alert or credit freeze by contacting the credit reporting agencies: TransUnion 1-800-680-7289, P.O. Box 2000 Chester, PA 19016, transunion.com; Experian 1-888-397-3742, P.O. Box 9554 Allen, TX 75013, experian.com; Equifax 1-888-298-0045, P.O. Box 105069 Atlanta, GA 30348, equifax.com.

Individuals can further educate themselves regarding identity theft, fraud alerts, credit freezes, and steps to protect their personal information by contacting the credit reporting bureaus, the Federal Trade Commission, or their state attorney general. The FTC may be reached at 600 Pennsylvania Ave. NW, Washington, D.C. 20580; www.identitytheft.gov; 1-877-ID-THEFT (1- 877-438-4338); and TTY: 1-866-653-4261. Instances of known or suspected identity theft should also be reported to law enforcement, your state attorney general, and the FTC.

View original content:https://www.prnewswire.com/news-releases/notice-of-data-event-302927076.html

SOURCE Magnolia Management Company, LLC

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Arrowpoint Investment Partners Selects Arcesium to Scale Asia-Focused Multi-Strategy Platform

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Asia-focused multi-strategy investment firm uses Arcesium’s Opterra™ investment lifecycle management platform to efficiently scale complex multi-manager, multi-asset strategies  

SINGAPORE, Nov. 3, 2026 /PRNewswire/ — Arrowpoint Investment Partners (“Arrowpoint”), an investment firm building an Asia-focused, multi-strategy platform, today announced that it has partnered with Arcesium, a leading global financial technology provider to the investment industry. Arrowpoint is leveraging Arcesium’s intelligent data management and operational platform, Opterra, along with its industry expertise and managed services, to scale its sophisticated, multi-asset investment strategies. Equipped with industry-leading technology, Arrowpoint is able to onboard new managers quickly and drive competitive edge across multiple asset classes and investment strategies as the platform scales.

“Using Arcesium’s technology and operational platform enables us to achieve efficient and scalable growth through our Asia-focused strategy,” said Woon Young Jeong, Chief Operating Officer of Arrowpoint. “The company’s pedigree of working with large multi-strategy firms, its managed services’ global coverage, and its intelligent technology made it the right partner to support our goals. Arcesium’s deep capabilities within the hedge fund ecosystem mean our portfolio managers can quickly deploy and scale new strategies, supported by operational infrastructure capable of matching our growth ambitions.”

Founded in 2024 by a former Millennium Asia co-CEO, the Singapore-headquartered firm manages $2 billion in funds, has a presence in Hong Kong and Dubai, and oversees 24 portfolio managers across Asia and the Middle East. As Arrowpoint grows and manages investment activity across multiple asset classes, the firm’s priority was to find an agile technology partner that meets rapid workflows and processes, while harmonizing large volumes of data.

Chris Barrow, Head of Revenue for EMEA & APAC at Arcesium, commented on the announcement: “We are delighted to partner with Arrowpoint as one of the most sophisticated and high-profile launches we’ve seen in Asia. Since opening the Arcesium office in Hong Kong earlier this year and expanding our presence in the region, we are quickly gaining momentum with other hedge funds and asset managers and are tapping into the vibrant market interest in Hong Kong and Singapore. Partnering with such a high-caliber client like Arrowpoint is a key milestone and we look forward to enabling the firm to scale in new directions with the support of our technology and managed services.”

Arcesium’s Opterra is a front-to-back investment lifecycle management platform that fits the unique operating environments of hedge funds, enabling optimized capital efficiency, increased productivity, and reduced operational risk. This partnership underscores Arcesium’s continued momentum in the APAC region as more firms look to modernize their technology infrastructure and scale with confidence.

ENDS

About Arcesium:

Arcesium© is a global financial technology company delivering front-to-back technology solutions for some of the world’s most sophisticated financial institutions, including hedge funds, asset managers, private markets, sell side, and digital assets firms. Expertly designed to achieve a synchronized golden source of data throughout a client’s ecosystem, Arcesium’s cloud-native technology is built to systematize the most complex workflows and help clients achieve scale.

Today, Arcesium services over $6.7T in gross AUM and over $1.2T in sell-side capital balances and has modelled over 178 million investments to date. Arcesium was built from a platform developed and tested by investment and technology development firm, the D. E. Shaw group, and launched as a joint venture with Blackstone Multi-Asset Investing. J.P. Morgan, another large client, later made a strategic investment in the company, helping Arcesium further its mission: to power the entire investment lifecycle. Arcesium currently has a staff of over 2,600 software engineering, accounting, operations, and treasury professionals.

For more information about Arcesium and its capabilities, visit www.arcesium.com and follow the firm on LinkedIn.

 
About Arrowpoint Investment Partners:

Arrowpoint is an investment firm building a differentiated Asia-focused, multi-strategy platform. Learn more at https://arrowpointfund.com/

Arcesium Media Contact:

Ivy Gitarts
Aspectus Group
Ivy.Gitarts@aspectusgroup.com
 

Arrowpoint Investment Partners Media Contact:
media@arrowpointfund.com

 

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SOURCE Arcesium

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