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3iQ Receives In-Principal Approval from Abu Dhabi’s IFC

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TORONTO, Oct. 12, 2026 /PRNewswire/ — 3iQ Corp. (“3iQ”), a global pioneer in digital asset investment solutions, is pleased to announce that its United Arab Emirates (UAE) based sister company 3iQ Middle East Ltd has secured In-Principal Approval (IPA) for a Category 4 license from the Financial Services Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi, the capital of UAE. It follows the announcement of their strategic partnership with Further, the UAE-based digital asset investment manager (see announcement link here), which enables institutional investors access to digital assets via 3iQ’s Managed Account Platform (QMAP) a platform that attracted $100 million sovereign-linked seed capital.

The successful granting of this IPA is part of 3iQ’s aim to be regulated and present in all the major digital asset hubs globally, so that its award-winning investment management offering is accessible to accredited investors around the world. This includes the first ever Bitcoin and Ethereum ETFs listed on a major stock exchange.

3iQ’s presence in the Middle East is led by Rachel Pether, Head of Middle East. Rachel joined 3iQ in 2023 and has become a prominent figure in the region. Prior to joining 3iQ, Rachel spent almost a decade at Abu Dhabi based sovereign investor Mubadala in their Capital Markets & Treasury team and was previously a senior Advisor for SkyBridge Capital.

Pascal St-Jean, CEO of 3iQ and Coincheck Group, said:

“3iQ has been a huge believer in the UAE as a key digital asset hub with an advanced regulatory regime that protects investors. As a first mover in the provision of innovative digital asset investment solutions, and along with our partnership with Further Asset Management, 3iQ looks forward to cementing a presence in the region, starting with the Abu Dhabi Global Market.”

Rachel Pether, Head of Middle East at 3iQ, said:

“This is an exciting development for 3iQ and has materialised following constructive collaboration with the ADGM’s proactive regulator. Ever since 2023 when we established a footprint in the UAE, 3iQ has taken steps towards becoming the leader in the region with our proven track record of attracting sovereign wealth and institutional capital to digital assets.”

Arvind Ramamurthy, Chief Market Development Officer at ADGM, said:

“We congratulate 3iQ on receiving its IPA from the FSRA, an important step in its journey to establishing a regulated presence in ADGM. This milestone reflects the increasing interest from international firms in ADGM’s dynamic digital asset ecosystem, underpinned by a progressive regulatory framework and a growing community of global and regional market participants. We look forward to supporting 3iQ as it progresses through the licensing process and seeks to contribute to Abu Dhabi’s growing digital asset ecosystem.”

About 3iQ Digital Asset Management

Founded in 2012, 3iQ is one of the world’s leading alternative digital asset managers, pioneering institutional-grade investments. 3iQ launched the world’s first Digital Assets Managed Account Platform (QMAP), a hedge fund investment solution, offering innovative risk-managed investment solutions to gain exposure to digital assets. 3iQ was also the first to launch a Bitcoin and Ethereum ETP listed on a major global stock exchange, integrate staking into its Ethereum and Solana ETPs boosting investor returns, and offer other regulated ETPs. 3iQ is a subsidiary of Coincheck Group N.V. (NASDAQ: CNCK), a NASDAQ-listed holding company based in the Netherlands. Since 2012, 3iQ has been at the forefront of innovation in digital asset investment management. To learn more about 3iQ, visit 3iq.io

W: https://www.3iq.io/
L: https://www.linkedin.com/company/3iq-corp/
X: https://x.com/3iq_corp

Disclaimer

This release is for informational purposes only and does not constitute investment advice or a recommendation, solicitation, or offer to buy or sell any securities, strategies, products, or services described herein. Investment in digital assets is subject to a high degree of risk, including the potential loss of the entire amount invested. 3iQ, nor any of their affiliates, directors, officers, or employees accept any liability for any loss or damage arising directly or indirectly from the use of or reliance on this release or the information contained herein. Readers should conduct their own research and consult with their own professional advisors before making any investment decisions. This release may contain forward-looking statements that involve risks and uncertainties; actual results may differ materially from those anticipated.

 

View original content:https://www.prnewswire.co.uk/news-releases/3iq-receives-in-principal-approval-from-abu-dhabis-ifc-302903768.html

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JK Tech Names Mahesh Ramakrishnan as New Chief Technology Officer

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BENGALURU, India and NOIDA, India, Oct. 12, 2026 /PRNewswire/ — JK Tech, a specialist AI and data solutions provider, has announced the appointment of Mahesh Ramakrishnan as Chief Technology Officer (CTO). The appointment reinforces JK Tech’s commitment to building a future-ready technology organization and accelerating innovation as enterprises move from digital and AI experimentation toward scaled, business-led transformation.

Mahesh brings 26 years of experience across software, product engineering, technology strategy, and emerging technologies. He founded Tataatsu Idealabs and led it for 13+ years, building the natural language processing products CollabLayer and Seer, years before large language models went mainstream. Earlier, he was Global Head of Sell-Side Research Products at Thomson Reuters. At Capco, as Principal Consultant, he headed the Compose product business through its sale to Thomson Reuters. At JK Tech, he is leading JIVA’s move from retrieval to reasoning: agents that work across an enterprise’s structured and unstructured knowledge to solve multi-step business problems.

As CTO, Mahesh will lead the development and execution of JK Tech’s technology vision for its next phase of growth, with a central focus on integrating and scaling JK Tech’s three flagship platforms- JIVA, Ontologos, and Orbiee, into a single, connected technology fabric. His mandate will span strengthening technology foundations, advancing the company’s platforms and solutions, fostering engineering excellence, and building differentiated capabilities that address evolving enterprise needs. Under his leadership, JIVA’s Gen AI orchestration, Ontologos’ semantic and ontology-driven intelligence, and engineering capabilities will converge with Orbiee to create a unified, hyper-personalized ecosystem, bringing intelligence, orchestration, and engineering together to deliver differentiated, outcome-driven experiences for clients.

Sameer Nagpal, President & CEO, JK Tech, said, “Technology is central to JK Tech’s ambition and to the value we create for our clients. Mahesh brings the experience, product mindset, and breadth of technology perspective needed to shape our next phase of innovation. His leadership will help us strengthen our technology foundations, accelerate our capabilities, and translate our vision into solutions that create meaningful business impact.”

Talking about his new role, Mahesh Ramakrishnan said, “I see an opportunity to build on JK Tech’s strong technology and domain capabilities and create a clear, cohesive technology vision, one that delivers lasting, measurable ROI for our clients. Most enterprises already hold the answers to their own questions. Those answers sit across databases, documents, mail and decades of code, and getting at one still means waiting for an analyst to build a report. We want to shorten that path, so that people in the business can ask a question and get an answer drawn from both structured and unstructured data. That depends on doing the groundwork on the data properly, and it is where much of our effort is going. JIVA is the platform for it. The knowledge graphs we extract give our agents the meaning behind the data, and with that they can reason through a problem across many sources. We will build it with domain-specific agentic workflows and small language models that run inside a client’s own environment, so their data stays with them and each answer costs less. The same capability lets us read legacy enterprise code and recover the business rules buried in it, often the slowest and riskiest part of any modernization.”

As part of this vision, JK Tech will embed AI into everyday operations across every department, becoming an AI-first organization.

 

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Global business leaders share ideas on AI-driven growth in Shanghai

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SHANGHAI, Oct. 12, 2026 /PRNewswire/ — A news report from english.shanghai.gov.cn

Shanghai should better leverage artificial intelligence to integrate services with manufacturing and consumption and nurture more growth engines, experts and executives from leading multinational companies said.

The comments were made during the 38th meeting of the International Business Leaders’ Advisory Council for the Mayor of Shanghai, held on Oct 11 under the theme of promoting innovation-driven development of the service sector.

Initiated in 1989, the IBLAC has grown into a think tank for Shanghai mayors, with 42 multinational executives from 14 countries attending this year’s edition.

Shanghai has a unique advantage to better leverage technology thanks to its strong industrial base, its close ties with the rest of the Yangtze River Delta region and a mature service industry, Mohamed Kande, global chairman of PwC, said.

He suggested Shanghai connect technologies, research and capital with international service providers to address real-economy challenges.

Sir Martin Sorrell, founder and executive chairman of S4 Capital and former chairman of IBLAC, said that Shanghai is becoming a testing ground for global AI governance and the intelligent transformation of the services sector.

For the global service sector, AI has seen its role transitioning from an efficiency tool to a “value-chain restructurer”. Shanghai should thus further align with international rules, facilitate data flow, open up more application scenarios, build up a more talent-friendly ecosystem and seek international coordination to make it a global innovation hub for AI-empowered services, he suggested.

Applauding Shanghai’s strong manufacturing foundation as well as a rich pool of AI companies, professional service providers, multinational companies and long-term capital, Zhang Lei, founder and chairman of Hillhouse Investment, said that the city should attach greater importance to the real deployment of AI.

More key scenarios that affect companies’ operations should be opened up. Shanghai should also cultivate a group of forward-deployed engineers and professional service enterprises that understand both AI and industries. In this way, more AI applications and service capabilities successfully tested in the Chinese market can go global from Shanghai, he said.

According to Gary S. Guthart, executive chair of the board of directors at Intuitive Surgical, combining high-quality medical data with AI and robotics can create new frontiers in medical care. Shanghai has unique advantages for such transformation by piloting the development of high-quality datasets for robot-assisted surgeries, experimenting with new approaches for secure medical data sharing, and building a “Shanghai model” for the responsible use of medical data that can be replicated nationwide.

Jean-Paul Agon, chairman of L’Oreal Group, believed that AI can provide consumers with tailor-made products by connecting the online and offline shopping experiences. He added that Shanghai should improve its business ecosystem to become a hub connecting global innovation rules.

Click the link below to read the original article:
https://english.shanghai.gov.cn/en-IBLACShanghai2026/20261012/b3f93e5579ea4b78b499289a9cfe2f11.html

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SOURCE english.shanghai.gov.cn

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AICPA & CIMA ENGAGE Asia Conference 2026 to Make Its Shanghai Debut This November

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50 leading global voices set to update delegates on the forces transforming business, finance and accounting on what’s to come

SHANGHAI, Oct. 12, 2026 /PRNewswire/ — AICPA & CIMA, together as the Association of International Certified Professional Accountants, will bring its flagship ENGAGE Asia Conference to Shanghai for the first time, convening 50 global thought leaders, CEOs, CFOs, investors, bankers, technology pioneers and finance professionals to explore the forces reshaping business, finance and accounting.

Taking place on 10-11 November 2026 at Shanghai Tower, China’s tallest building, ENGAGE Asia 2026 will be held under the theme “The Next Wave: Transformative Innovation.” As AICPA & CIMA’s premier event in Asia, the conference will bring together leading voices from business, finance, technology and academia across Asia, Africa, Europe and North America to explore the trends redefining growth, leadership and competitiveness in a rapidly evolving global landscape.

The conference comes at a pivotal moment as Asia continues to strengthen its role as a driver of global growth, innovation and investment. Bringing ENGAGE Asia to Shanghai for the first time reflects the city’s growing importance as a global business and financial hub, while providing a platform for leaders to exchange ideas, build connections and shape the future of business and finance.

Among the headline speakers is renowned futurist and bestselling author Kevin Kelly, alongside the global leadership team of AICPA & CIMA, including its Chief Executive Officer Mark Koziel. They will be joined by an exceptional roster of CEOs, CFOs, investors, bankers, entrepreneurs and industry experts from some of the world’s leading organizations, all of whom are helping shape the future of business on both a regional and global scale. Together, they will share insights on the forces transforming business, finance and leadership, exploring topics such as artificial intelligence and digital transformation, the evolving role of finance as a driver of value creation, sustainable growth, leadership in times of uncertainty, global expansion strategies, investment trends, and the development of future-ready talent.

Vicky Li, FCMA, CGMA, Vice President, North Asia, AICPA & CIMA, said:

“Asia is helping shape the future of the global economy, and China sits at the heart of many of the trends transforming business today. Bringing ENGAGE Asia to Shanghai for the first time marks an important milestone for our profession and our region. By convening some of the world’s leading thinkers, business leaders and innovators, we aim to create a powerful platform for ideas, collaboration and action that helps organizations and professionals prepare for what comes next.”

ENGAGE Asia 2026 is supported by a powerful ecosystem of leading organizations across technology, finance, education and professional services. Sponsors and strategic partners include Lenovo, Feishu, Baidu, Wizstar, Bank of East Asia, Lucanet, EY, Bolue Education, Tsinghua University PBC School of Finance (PBCSF), Shanghai National Accounting Institute, and Beijing National Accounting Institute, reflecting broad commitment from industry leaders to advancing innovation, leadership and professional excellence.

The conference is also supported by leading media organizations including Bloomberg Businessweek, Hong Kong Economic Times (HKET), Hurun Report and Jiemian News, helping bring conversations on innovation, leadership and the future of business and finance to audiences across Asia and beyond.

On 11 November 2026, CIMA will also host the prestigious CGMA Awards & Gala Dinner, widely recognised as the “Finance Oscars” in China. As the longest-running awards programme in the management accounting profession in China, the CGMA Awards celebrate outstanding achievements in finance, business and leadership, bringing together senior executives and industry leaders from across the region to honour excellence, innovation and impact.

For more information about ENGAGE Asia 2026 and the CGMA Awards, please visit the ENGAGE Asia website:  https://asia.aicpa-cimaengage.com/

Journalists interested in covering the conference, either in person in Shanghai or remotely, are invited to contact Vivian Fung for media accreditation and interview opportunities.

About the Association of International Certified Professional Accountants, AICPA, and CIMA

The Association of International Certified Professional Accountants (the Association) advances the reputation, employability, and quality of CPAs, CGMA designation holders, and accounting and financial professionals globally. Founded in 2017 by the AICPA and CIMA, it represents 574,000 AICPA and CIMA members, students, and registrants in more than 150 countries and territories, advocating for the public interest and business sustainability on current and emerging issues. 

The American Institute of CPAs® (AICPA®) is the world’s largest member association representing the CPA profession. It sets ethical standards for the profession and U.S. auditing standards for private companies, not-for-profit organizations,* and federal, state, and local governments. It also develops and grades the Uniform CPA Examination and builds the pipeline of future talent for the public accounting profession.

The Chartered Institute of Management Accountants® (CIMA®) is the world’s leading and largest professional body of management accountants. CIMA works closely with employers and sponsors leading-edge research to ensure its members remain the employers’ choice when recruiting financially trained business leaders. 

 

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SOURCE AICPA & CIMA

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