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NSEIT Technology Business Rebrands as NuSummit, Ushering in a New Era of Global Innovation

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NuSummit holds strong expertise in business modernization for the BFSI sector, besides other industries, using AI, data, applications, cloud and cybersecurity solutions.

MUMBAI, India, Dec. 19, 2024 /PRNewswire/ — A leading technology solutions provider NSEIT today announced the rebranding of its technology business to NuSummit, marking a transformative milestone in the company’s evolution as a strategic services provider with deep domain expertise. NuSummit, backed by leading global alternative investment firm Investcorp, aims to establish itself as a modern, global technology powerhouse committed to driving digital transformation across the BFSI sector and other industries.

This rebranding is part of a journey that began with the National Stock Exchange’s (NSE) divestment of NSEIT’s technology business to Investcorp in April 2024. The transaction excludes the digital examinations business that is also housed inside NSEIT. The launch of NuSummit will lay out the foundation for a powerful, unified brand with strengths in advanced cybersecurity, cloud transformation, app modernization, AI and data-driven solutions. Aujas Cybersecurity, an acquisition by NSEIT specializing in providing end-to-end cybersecurity services and solutions across industries, will now operate as ‘A NuSummit Company’.

Announcing the brand’s new identity, Mr Anantharaman Sreenivasan, Managing Director & Group Chief Executive Officer, NuSummit, said, “NuSummit symbolizes our commitment to helping clients achieve their peak potential. We are not just rebranding; we are reimagining how technology can orchestrate meaningful and measurable outcomes that empower businesses to meet and capitalize on the opportunities presented by the digital and AI-driven business landscape. With a strong focus on cybersecurity, we ensure that businesses remain secure while advancing their digital transformation. Backed by Investcorp’s strategic vision and resources, NuSummit is now positioned to enter new geographies and industries. We aspire to be the strategic technology partner for companies worldwide, trusted for delivering business-critical services and solutions. Our customers can rely on us to deliver future-ready, thorough, and robust systems and processes that enhance efficiency and scalability.”

Mr Varun Laul, Partner at Investcorp, added, “We are pleased to be NuSummit’s partner in their ambitious goals to unlock transformative value through technology. NuSummit is uniquely positioned in the market with its cutting-edge solutions. We will be closely working with the NuSummit team as they explore newer geographies offering innovative and tailored solutions to modernize their IT landscapes, with a focus on tangible business outcomes.”

NuSummit is a leading provider of advanced digital transformation and cybersecurity services across industries. Its core focus is on global customers in capital markets, insurance, and banking. NSEIT has a strong presence in India, North America, and the Middle East.

Over the next five years, NuSummit aims to be the partner of choice, particularly for BFSI organizations that aim to leverage technology as a business differentiator by adopting AI-led modernization and digital transformation, and zero-trust cybersecurity.

About NuSummit 

As NuSummit, we’ve solidified our position as a premier provider of cutting-edge digital transformation and cybersecurity solutions. With a global clientele spanning capital markets, insurance, banking, and other industries, we’re proud to partner with over 300 businesses, including 22 Fortune 500 and 5 Fortune 50 clients. Our strong track record, recognized by numerous technology and culture awards, is a testament to our commitment to excellence. Backed by Investcorp, our team of dedicated professionals empowers organizations to orchestrate outcomes that help navigate the complex digital landscape with confidence.

About Investcorp 

Investcorp is a global investment manager, specializing in alternative investments across private equity, real estate, credit, absolute return strategies, GP stakes, infrastructure, and insurance asset management. Since our inception in 1982, we have focused on generating attractive returns for our clients while creating long-term value in our investee companies and for our shareholders as a prudent and responsible investor.

Investcorp has today 14 offices across the US, Europe, GCC, and Asia, including India, China, Japan, and Singapore. Currently, Investcorp Group has over $52 billion in total AUM, including assets managed by third-party managers, and employs approximately 500 people from 50 nationalities globally across its offices.

For further information, visit www.investcorp.com and follow us @Investcorp on LinkedIn, Twitter and Instagram.

For more information, please visit nusummit.com

Logo: https://mma.prnewswire.com/media/2585009/NuSummit_Logo.jpg

 

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/C O R R E C T I O N — Biggeo/

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In the news release, BigGeo AI: Where AI Meets the Physical World, issued 22-Sep-2026 by BigGeo over PR Newswire, we are advised by the company that the image caption should read “Brent Lane (CEO) and Brett Jones (President) at BigGeo.” rather than “Bent Lane (CEO) and Brett Jones (President) at BigGeo.” as originally issued inadvertently. The complete, corrected release follows:

BigGeo AI: Where AI Meets the Physical World

The Breakthrough

CALGARY, AB, Sept. 22, 2026 /CNW/ — BigGeo AI is now available inside ChatGPT and Claude. It gives these AI assistants access to real-world spatial data, what’s actually happening in real places. This solves a fundamental gap: AI systems excel at reasoning about their training data, but they don’t know what’s happening in the physical world.

As companies accelerate location-based decisions, they’re turning to AI assistants for answers. But without access to real world data, those answers remain educated guesses. Spatial data is effectively unreachable for the people who need it. Site selection questions like where to open a location, which sites face exposure, or what’s missing from a market typically require briefing a specialist and waiting weeks for analysis. BigGeo AI closes this gap by connecting AI assistants to actual spatial data and running real computations, then returning answers in seconds.

The Strategic Shift

According to Brent Lane, CEO of BigGeo: “AI can reason brilliantly about language and images, but it’s been blind to the physical world. BigGeo is the Spatial Cloud, and putting it inside ChatGPT and Claude means the ‘where’ behind a decision is finally one plain-language question away, grounded in real, governed data, delivered in seconds. This is a new layer of infrastructure, not another app to learn.”

How It Works

Users ask ChatGPT or Claude spatial questions in plain language about real-world data using licensed datasets, open data, or company information. BigGeo resolves the geography, runs the query, and returns the result at the speed of conversation, not the speed of a project.

There’s no fixed catalog. BigGeo AI pulls from whatever sits in a customer’s BigGeo library: over a thousand open datasets available to add, company data uploads, and datasets licensed from the BigGeo Marketplace. The connector’s reach expands as customers add new data.

Critically, only the answer travels. BigGeo runs spatial computation and returns results without ever handing raw data to the AI model. Not as context, attachments, or training input. This makes it safe for business-sensitive data. A customer can ask about licensed feeds, company files, or sensitive assets in plain language, and the answer returns without exposing underlying records to third parties.

Real-World Applications

A sample question “Rank these 12 Alberta sites for new grocery stores. Consider the population who need grocers nearby, proximity to our existing stores, competitor density, neighborhood growth, and whether we can actually build there. ” returns: Top 3 Recommendations: NE Calgary, SW Calgary, SE Edmonton Avoid: Downtown Calgary, St. Albert (too much nearby competition).

Use cases include site and market decisions (teams get competitor analysis instantly instead of waiting weeks), infrastructure and coverage (planners identify gaps in conversations instead of months of manual mapping), and business questions (companies ask sensitive questions without uploading data to third parties).

The Impact

Brett Jones, President, said: “The speed changes everything. A site selection decision that took weeks now takes minutes. An infrastructure risk assessment that required consultants now happens in a conversation. That’s not optimization, that’s a fundamental shift in how location-based decisions get made.”

Availability

BigGeo AI is live today. New accounts include 500 free credits.

SOURCE Biggeo

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Arclin Hosts 2026 Nomex® Sustainability Forum in China, Bringing Together Industry Leaders to Advance Innovation & Sustainable Growth

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ALPHARETTA, Ga., Sept. 30, 2026 /PRNewswire/ — Arclin, a leading materials science company, hosted the 2026 Nomex® Sustainability Forum in Ningbo, China, on September 23, bringing together more than 220 customers, distributors, end users, industry experts, and business partners from across the electrical insulation value chain. 

Held under the theme “Empowering a More Reliable Future with Nomex®,” the forum was jointly hosted by Guilin Electrical Equipment Scientific Research Institute Co., Ltd. and Arclin Trading (Shanghai) Co., Ltd., with support from several industry partners and distributors. As the flagship customer event for Nomex® in China and the third consecutive forum of its kind, this year’s gathering provided a platform for industry leaders to discuss market opportunities, technological innovation, and sustainable development trends shaping the future of the electrical insulation industry. 

The forum marked Arclin’s first major event in China since completing its acquisition of the DuPont™ aramids business earlier this year, providing an opportunity to formally introduce the company and its expanded capabilities to customers and industry partners. The conference featured presentations and discussions on electrical insulation technologies, new energy vehicles, motors and transformers, artificial intelligence data center infrastructure, international trade, and supply chain resilience. Industry experts shared perspectives on sustainability trends, evolving insulation requirements for next-generation power systems, export opportunities, and emerging challenges shaping the global electrical insulation industry. 

“The strong engagement at this year’s forum reflects the trust our customers and partners place in Nomex® and the value of collaboration within the industry,” said Kenny Chen, APAC Sales Manager for Arclin’s Aramids Business. “Bringing together stakeholders from across the electrical insulation value chain helps foster the exchange of ideas and expertise needed to address emerging industry challenges and support sustainable growth.” 

During the forum, Arclin leaders highlighted the company’s expanded capabilities in insulation materials development, testing, and application support. Presentations showcased the company’s comprehensive laboratory capabilities, including material testing, system testing, lifetime assessment, and failure analysis, as well as its ongoing investments in local application development and technical support. These capabilities help customers improve insulation system reliability, accelerate product development, and optimize performance across a broad range of demanding applications. 

 “The electrification market is experiencing unprecedented growth, driven by investments in power infrastructure, AI data centers, renewable energy, and transportation electrification,” said Suolong Ni, Ph.D., Global Market Leader for Arclin’s Energy Solutions Business. “As customer requirements continue to evolve, Arclin remains committed to investing in Nomex® technical capabilities, testing resources, and application expertise to help customers improve reliability, accelerate innovation, and meet the increasing performance demands of critical applications. Together with our customers and partners, we are helping build a more reliable and sustainable electrical future.” 

About Arclin 

Arclin is a leading materials science company and manufacturer of polymer technologies, engineered products, and specialized materials for the construction, agriculture, transportation infrastructure, weather & fire protection, pharmaceutical, nutrition, electronics, design, and other industries. Headquartered in Alpharetta, Georgia, Arclin has offices and manufacturing facilities across North & South America, Europe, and Asia and serves customers worldwide. For more information, visit www.arclin.com. 

Arclin Media Contact
Jana Wright
Chief Marketing & Communications Officer
inquiries@arclin.com   

Nomex® is a registered trademark of Arclin. 

DuPont™ is a trademark of affiliates of DuPont de Nemours, Inc. 

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SOURCE Arclin

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Markets to Be Open Seven Days a Week; Bruce Markets to Launch First Continuous Weekend U.S. Equities Trading with Strategic Investments Led by PEAK6 and Robinhood

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Bruce Markets to usher in 24/7 U.S. stock trading, pending regulatory reviewExpansion draws on Nasdaq’s trading technology and clearing services from Apex Clearing CorporationNew weekend session expected to go live in the coming months

CHICAGO, Sept. 29, 2026 /PRNewswire/ — Bruce Markets LLC, an SEC-registered broker-dealer and operator of Bruce ATS™, today announced a landmark agreement to extend U.S. equity trading throughout the weekend, subject to regulatory review. The initiative is designed to bring continuous 24/7 stock trading to global investors.

To power this expansion, Bruce Markets will leverage new strategic investments from PEAK6 Investments, the majority shareholder, and Robinhood Markets. Apex Fintech Solutions, Fidelity Investments, Nasdaq Ventures, NH Investment & Securities, tastytrade and Webull remain investors.

Bruce Markets will expand its use of Nasdaq’s trading technology, while clearing, carrying, and custody services will be provided by Apex Clearing Corporation, a wholly owned subsidiary of Apex Fintech Solutions, Inc.

The agreement marks a major milestone in U.S. equity market structure. By extending the weekend session to enable 24/7 market access, Bruce Markets and its partners will establish the first ever round-the-clock U.S. equity trading ecosystem for global investors. Bruce Markets expects the new weekend session to launch in the coming months.

Jason Wallach, CEO, Bruce Markets: “We are changing the way customers can access U.S. equities and finally ushering in true 24/7 trading. Market-moving news does not wait for Monday’s open, and soon, neither will investors. Together with our partners, we are breaking down the limitations of traditional market structure and redefining how the world trades.”

Jenny Just, Co-Founder and Managing Partner, PEAK6 Investments: “The world doesn’t take weekends off, and now neither will the markets. This is the end of the five-day market. For the first time, markets will keep moving with the people, and Bruce Markets is here to lead that change.”

Steve Quirk, Chief Brokerage Officer, Robinhood: “Market-moving news can break at any moment, including over the weekend. With 24/7 trading, Robinhood customers will soon be able to trade equities around the clock, seven days a week, so they can manage their portfolios in real time and trade on their own schedule.”

Magnus Haglind, Head of Capital Markets Technology, Nasdaq: “Always-on markets demand resilient, flexible and scalable infrastructure. Our trading technology gives Bruce Markets a proven foundation to extend resilient, transparent market access throughout the weekend.”

William Capuzzi, CEO, Apex Fintech Solutions: “Apex continues to modernize market infrastructure, and weekend trading is a natural next step in that work. We’re proud to support Bruce Markets, PEAK6, and Robinhood in delivering it.”

ABOUT BRUCE MARKETS

Bruce Markets operates Bruce ATS™, a U.S. equities alternative trading system enabling overnight trading from 8:00 PM to 4:00 AM ET. Underpinned by exchange grade technology and market rules, led by industry veterans and backed by leading firms from across the trading ecosystem, Bruce provides a high-performance, resilient venue that bridges the U.S. after-hours and pre-market sessions. By providing a credible source of after-hours liquidity for brokers and investors and leading the evolution of always-available markets, Bruce brings needed competition to the ecosystem and is redefining after-hours trading worldwide. To learn more, visit www.brucemarkets.com.

Media Contact
Forefront Communications for Bruce Markets
bruce@forefrontcomms.com 

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SOURCE Bruce Markets

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