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RiskSpan Launches Credit Model 7.1, a Purpose-Built NonQM Credit Model Inside the RiskSpan Platform

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ARLINGTON, Va., July 17, 2026 /PRNewswire/ — RiskSpan, a leading provider of data, modeling and analytics solutions for loan and structured finance investors, today announced the general availability of Credit Model 7.1, a purpose-built NonQM credit model delivered inside the RiskSpan Platform. Paired with RiskSpan’s existing NonQM prepayment model, the launch makes RiskSpan the only vendor offering a purpose-built prepay and credit model suite for NonQM alongside an integrated, tape-to-cashflow workflow in a single environment.

The launch comes as the NonQM market extends a multi-year run of outsized, accelerating growth. Non-QM RMBS issuance nearly doubled year-over-year in the third quarter of 2025 — up 97% to a record $20.9 billion, from $10.6 billion in the same quarter of 2024 — according to Morningstar DBRS. That surge continues a longer trend: Fitch Ratings reports that issuance across its rated Non-QM/Non-Prime RMBS portfolio grew more than 800% between 2020 and 2023, and KBRA projects broader non-agency RMBS issuance, which includes NonQM, to grow another 15% in 2026 to $160 billion. That growth has outrun the tools available to evaluate it: as dealer tapes arrive faster and allocations close on tighter timelines, investors and issuers are increasingly underserved by legacy credit and prepay models built for agency or older non-agency collateral rather than NonQM’s doc-type-driven borrower behavior.

Credit Model 7.1 introduces a full transition-state credit model for NonQM collateral, with each transition estimated independently models for Bank Statement, DSCR, Full Doc, and Other documentation types. The model incorporates ten loan- and borrower-level factors — including FICO, mark-to-market LTV, DTI, and loan purpose — alongside three macroeconomic drivers, and is trained on approximately $87 billion in UPB across roughly 226,000 NonQM loans spanning January 2018 through August 2025. The release also includes AI-powered tape cracking and collateral analysis tools, and API access for clients integrating model output into their own workflows, with a user-facing backtesting dashboard coming soon.

Divas Sanwal, Head of Modeling at RiskSpan, added: “NonQM borrower behavior varies meaningfully by documentation type, and generic credit and prepay frameworks simply don’t capture that. Credit Model 7.1 was built from the ground up on NonQM collateral, segmented by doc type, and validated with published backtesting — giving risk teams, auditors, and counterparties the transparency they need to stand behind the model.”

The NonQM analytics market today is served by third-party models fit on broader non-agency collateral, standalone cashflow engines, and in-house models built on limited internal history. RiskSpan is the only vendor combining purpose-fit NonQM prepay and credit models, loan-level workflow tools, and proprietary historical data in one platform. Credit Model 7.1 is available now to RiskSpan Platform and Loans Module clients, with container deployment and additional integrations planned in later phases.

About RiskSpan

RiskSpan delivers a single analytics solution for loan and structured finance (public and private) credit investors of any size – to make faster, more precise trading and portfolio management decisions and meet reporting requirements without manual work, multiple vendors and internal solutions.

RiskSpan’s contributions span the full lifecycle of structured finance pricing and data operations, including advanced cash flow and valuation models, automated data pipelines, quality controls, and reconciliation frameworks designed to meet the demands of institutional investors, dealers, and risk managers.

Learn more at www.riskspan.com.

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SOURCE RiskSpan

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Experience Abu Dhabi: Wego and DCT Abu Dhabi Drive Regional Travel Demand

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DUBAI, UAE, Sept. 29, 2026 /PRNewswire/ — Wego, the number 1 travel app and the largest online travel marketplace in the Middle East and North Africa (MENA), has partnered with the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) to spotlight the UAE capital as one of the region’s most compelling and culturally rich destinations.

The strategic collaboration will inspire travelers across the MENA region to rediscover Abu Dhabi’s unique blend of heritage, nature, and world-class entertainment. Through targeted digital campaigns and data-driven storytelling, Wego will position Abu Dhabi at the forefront of regional travel consideration, connecting high-intent travelers directly to bookable flights and stays.

From the architectural grandeur of Sheikh Zayed Grand Mosque and the artistic mastery of Louvre Abu Dhabi to the pristine shores of Saadiyat Island and the adrenaline of Yas Island’s theme parks, Abu Dhabi offers a seamless fusion of authenticity and innovation. Whether exploring the UNESCO-listed oases of Al Ain Region or venturing into the sweeping dunes of the Rub’ al Khali, visitors can experience a destination that delivers both depth and diversity.

Mamoun Hmidan, Chief Business Officer at Wego, said: “Abu Dhabi continues to set the benchmark for regional tourism, seamlessly uniting rich heritage with transformative, future-ready experiences. Through our partnership with DCT Abu Dhabi, we are leveraging Wego’s market intelligence and reach across MENA to inspire travelers and convert that inspiration into seamless bookings. We are proud to support Abu Dhabi’s tourism vision by connecting millions of travelers to experiences that are both authentic and extraordinary.”

With strong air connectivity, world-class hospitality, and a dynamic cultural and entertainment landscape, Abu Dhabi is increasingly capturing the attention of regional travelers seeking accessible yet enriching escapes.

Abdulla Yousuf, Director of International Operations at DCT Abu Dhabi, added:
“Our collaboration with Wego enables us to amplify Abu Dhabi’s diverse offering to a highly engaged regional audience. As demand grows for meaningful, culturally immersive experiences closer to home, Abu Dhabi is always ready to welcome travelers with exceptional infrastructure, rich heritage, and a year-round calendar of world-class events.”

Together, Wego and DCT Abu Dhabi are accelerating this momentum combining destination expertise with advanced travel technology to inspire discovery and drive measurable growth for the UAE capital.

About Wego

Wego is the number one travel app and the largest online travel marketplace in the Middle East and North Africa (MENA). Combining a dynamic travel marketplace with on-platform bookings, Wego enables travelers to easily search, compare, and book flights and hotels across hundreds of airlines, hotels, and online travel agencies. Beyond its B2C marketplace, Wego also operates WegoPro, a next-generation business travel platform, and WegoBeds, a MENA-focused bedbank. The company is dual-headquartered in Singapore and Dubai with offices in Bangalore and Mumbai.

For more information, visit www.wego.com

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Sagility India Earns Great Place To Work® Certification™ for the Second Consecutive Year; Ranked 11th Among India’s Best Companies to Work For 2026

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BENGALURU, India, Sept. 29, 2026 /PRNewswire/ — Sagility India has been Great Place To Work® Certified™ for the second consecutive year, reaffirming its commitment to building a workplace where employees feel trusted, supported and valued. The recognition comes alongside Sagility India’s #11 ranking among India’s Best Companies to Work For 2026, with 93% of employees saying that Sagility is a great place to work. The company was also recognized among the Top 10 India’s Best Workplaces™ for Women, the Top 25 organizations in the Bio-Tech, Life Sciences and Pharma category, and Asia’s Best Workplaces™ for large organizations.

Building on this momentum, Sagility India is now certified as a Great Place to Work® for the second consecutive year, with 93% of employees saying Sagility is a great place to work. What makes this recognition especially meaningful is that it comes directly from employee feedback.

Great Place To Work® is the global authority on workplace culture, employee experience and the leadership behaviours proven to deliver market-leading revenue, employee retention and increased innovation.

“Great Place To Work Certification is a highly coveted achievement that requires consistent and intentional dedication to the overall employee experience,” says Sarah Lewis-Kulin, the Vice President of Global Recognition at Great Place To Work. She emphasises that Certification is the sole official recognition earned by the real-time feedback of employees regarding their company culture. “By successfully earning this recognition, it is evident that Sagility stands out as one of the top companies to work for, providing a great workplace environment for its employees.”

These recognitions are the outcome of a consistent focus on creating a workplace where people feel respected, supported, included and able to build successful careers.

Aparna Rao Basu, Senior Vice President and Head Human Resources, Sagility India, said:
“Being Great Place to Work-Certified™ for the second consecutive year reflects the trust our people place in Sagility and in each other. We believe a strong culture is built through everyday experiences, meaningful connections and opportunities that help people grow and succeed. Whether it is investing in learning, supporting wellbeing, strengthening inclusion, enabling flexible ways of working or recognizing contributions, our focus remains on creating an environment where employees can build rewarding careers and bring their best selves to work every day. This recognition belongs to our people, and it inspires us to continue raising the bar on the employee experience we create together.”

At Sagility, employee experience is shaped by a culture of listening, connection and action. Regular town halls, listening forums, pulse surveys and manager conversations help capture employee perspectives, with feedback translated into meaningful initiatives and communicated back to employees.

Beyond the workplace, family engagement, celebrations, milestone moments and wellbeing programs strengthen the connection between employees, their families and Sagility—creating an experience where people feel heard, supported and valued.

Recognition is an important part of life at Sagility. From celebrating long-serving employees through Long Service Awards to recognizing individuals and teams who make a difference every day, Sagility believes achievements should be acknowledged and celebrated. Sagility’s rewards and recognition programs reinforce behaviours that reflect values, strengthen teamwork and encourage innovation.

Technology has played an important role in helping people stay connected and productive. Secure work-from-home infrastructure, collaboration tools, virtual learning platforms and digital support systems enable employees to work effectively regardless of location. These capabilities have helped us maintain strong engagement, continuous learning and seamless collaboration across teams.

Sagility’s commitment to people extends beyond engagement. The organisation continues to invest in learning, career development, leadership capability and wellbeing.

Programs such as STRIDE, PACE, STEP and LIFT support employees at different stages of their careers, while initiatives such as S.H.E. Leads, S.H.E. Circle and the Abilities Circle help create opportunities for growth, representation and belonging.

Sagility’s focus on supporting women through important life stages is reflected in S.H.E.’s Back, through which 94% of women return to work after maternity leave. Complementing these efforts is Sagility’s Wonder of Wellness framework, which supports employees across multiple dimensions of wellbeing.

At Sagility, the goal remains unchanged: to create a workplace where people can do meaningful work, build lasting careers, feel supported through life’s transitions and be recognized for the contributions they make every day.

This is the culture the employees have helped build, and the one Sagility remains committed to strengthening year after year.

According to Great Place To Work research, job seekers are 4.5 times more likely to find a great boss at a Certified great workplace. Additionally, employees at Certified workplaces are 93% more likely to look forward to coming to work, and are twice as likely to be paid fairly, earn a fair share of the company’s profits and have a fair chance at promotion.

About Sagility Limited:  

Sagility is a tech-led, U.S. healthcare-focused business operations solutions and services company that supports payers, providers, and their partners in delivering best-in-class operations, enhancing member and provider experiences, and improving the quality of care, all while ensuring cost-effective financial and clinical outcomes. With over two decades of experience, Sagility’s dedicated experts address complex healthcare challenges through deep domain expertise and technology innovations. The company serves six of the top ten payers in the U.S., utilizing its advanced technology, processes, and solutions to ensure efficient operations and minimize additional administrative costs. The company delivers these services through its skilled talent pool of nearly 50,000 professionals across five global service delivery centers located in the US, India, the Philippines, Jamaica, and Colombia.

To learn more, visit: https://sagility.com/  

Media contact details:
Marial@conceptpr.com 

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MagPro Launches AeroLev 1850 to Advance Water-Smart Cooling for AI Data Centers

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SINGAPORE, Sept. 29, 2026 /PRNewswire/ — MagPro (also known as Nanjing CIPU Technology Co., Ltd.), a joint venture between CIGU Technology Corp. Ltd. and EPG Data Technology (Shanghai) Co., Ltd., today announced AeroLev 1850, a 1.85 MW-class, 45°C-ready air-cooled, magnetic-bearing chiller platform designed for next-generation AI data centers in water-scarce, high-ambient environments.

As AI computing drives greater power demand and heat density, data-center operators need cooling infrastructure that can scale without increasing dependence on water. AeroLev 1850 combines a cooling-tower-free architecture with oil-free magnetic-levitation technology and intelligent controls to deliver efficient, reliable cooling while reducing water consumption.

At the heart of the platform is a dedicated air-cooled magnetic-levitation compressor with isentropic efficiency of up to 87%. A patented condenser delivers subcooling of more than 3°C, while the standard EC fans further improve energy performance. Together, these technologies deliver up to 40% higher overall energy efficiency and up to 8% lower failure rates compared with conventional oil-lubricated compressors, and up to 10% lower maintenance costs compared with conventional chillers.

By eliminating evaporative cooling water, AeroLev 1850 removes a significant operational constraint for data centers in arid and water-stressed regions. Its free-cooling capability uses ambient air during cooler periods to reduce compressor runtime, power consumption, and operating costs.

The platform is also engineered for the shift toward direct-to-chip and immersion liquid cooling. AeroLev 1850 can supply chilled water at temperatures up to 45°C, supporting emerging high-temperature cooling architectures without requiring major infrastructure reinvestment. Its standardized modular design supports rapid installation and flexible expansion as AI capacity grows.

“As water constraints become a defining consideration for data-center development, AeroLev 1850 advances a resilient model for AI data-center cooling,” said William Wu, General Manager of Nanjing CIPU Technology Co., Ltd. “It enables efficient, reliable compute growth in challenging environments while turning today’s infrastructure into long-term resilience.”

“MagPro marks an important step in our global cooling technology strategy,” said Alick Wan, Founder and Chairman of EPG Data Technology (Shanghai) Co., Ltd. “By combining EPG’s engineering and delivery expertise with CIGU’s core magnetic-levitation technology, we are building resilient, resource-efficient digital infrastructure less dependent on water. AeroLev 1850 reflects our commitment to advancing green data-center infrastructure and a sustainable digital ecosystem worldwide.”

Contact: magpro@magpro.com.cn

About MagPro (Nanjing CIPU Technology Co., Ltd.)

MagPro is a joint venture between CIGU Technology Corp. Ltd. and EPG Data Technology (Shanghai) Co., Ltd., specializing in the research, development, and production of reliable, energy-efficient cooling and air-conditioning systems for AI data centers, cloud, and hyperscales. MagPro operates a more than 6,000-square-meter production base and two air-cooled laboratories, supporting testing of air-cooled units up to 2,000 kW. 

About CIGU Technology Corp. Ltd.

Nanjing CIGU Technology Corp., Ltd. (SSE: 688448) is a STAR Market listed company headquartered in Nanjing, China. Built around its proprietary magnetic levitation (maglev) drive technology, CIGU develops and manufactures a full range of maglev turbomachinery, including chillers, blowers, air compressors, vacuum pumps, and expander generator sets, among others. More than 10,000 maglev units have been delivered worldwide.

About EPG Data Technology (Shanghai) Co., Ltd.

EPG is a prefabricated modular data center infrastructure provider with more than 20 years of experience serving AI, cloud, and hyperscale data centers worldwide. With more than 1,500 employees and manufacturing facilities in Shanghai and Malaysia, EPG delivers end-to-end capabilities across R&D, manufacturing, engineering, project delivery, and operational support. Its integrated portfolio includes modular data-center products, engineering and delivery solutions, and professional services across APAC, Europe, the Middle East, and other strategic markets.

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