Technology

Bred Banque Populaire Selects Quantifi for Market Risk

Published

2 months ago

July 7, 2026

LONDON, July 7, 2026 /PRNewswire/ — Quantifi, a leading risk platform, powered by best-in-class analytics, today announced that Bred Banque Populaire has selected Quantifi’s market risk platform as part of a strategic initiative to modernise its risk infrastructure.

Bred Banque Populaire, a French retail and commercial bank, required a sophisticated and transparent solution to support cross-asset market risk across fixed income, rates, credit, equity, FX and inflation products. The bank sought to replace legacy infrastructure with a unified framework capable of delivering consistent end of day risk calculations and reporting, while meeting the governance, model transparency and control standards expected within a regulated European banking environment.

Quantifi’s broad cross-asset coverage, explainable modelling framework and extensible Python API were central to its selection. The platform provides full transparency into risk methodologies, enabling the bank’s risk teams to maintain model oversight and evolve their framework in line with internal governance and regulatory expectations. Quantifi’s structured implementation approach and bank-ready architecture ensured alignment with the bank’s IT, audit and operational requirements.

Under the engagement, Quantifi will deliver end of day market risk calculations and reporting, deployed on premises and fully integrated within the bank’s existing technology environment. The programme represents a significant enterprise replacement within a regulated banking context and further demonstrates Quantifi’s capability risk standards across complex cross-asset portfolios.

“Quantifi distinguished itself through the breadth of its market risk coverage and the robustness of its architecture,” said Marc-Olivier Brenaud, Head of Risk, Bred Banque Populaire. “We required a platform capable of supporting cross-asset risk within a single, consistent framework, while providing full transparency into models and methodologies. Quantifi’s explainable analytics and flexible Python toolkit give our team greater autonomy, strengthen our governance and control processes.”

“Banks across Europe are reassessing re-evaluating legacy risk infrastructure,” said Rohan Douglas, CEO at Quantifi. “This engagement highlights Quantifi’s ability to deliver comprehensive cross-asset market risk within a single, consistent framework, combining model depth, architectural robustness and disciplined implementation. We provide institutions with a scalable foundation that supports long term strategic growth and strengthens their risk management capabilities.”

Contact: enquire@quantifisolutions.com

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Technology

PEI-Genesis Exhibits at AEDEX in New Delhi, India

Published

41 minutes ago

August 24, 2026

NEW DELHI, Aug. 24, 2026 /PRNewswire/ — PEI-Genesis, a global leader in the design and assembly of custom-engineered interconnect solutions, will exhibit at AEDEX 2026 at Yashobhoomi, IICC from September 10 to 12, 2026, from 10:00 a.m. to 6:00 p.m. Attendees can visit Booth B471 in Hall 2 to explore PEI-Genesis’ latest interconnect innovations for aerospace and defence applications.

At AEDEX, PEI-Genesis will showcase a comprehensive portfolio of high-performance and ruggized interconnect solutions engineered to meet the demanding requirements of military, aerospace and defence applications. Featured suppliers include Amphenol, ITT Cannon, Cinch Connectivity Solutions, Positronic, Eaton Souriau, and others.

The expansion of PEI-Genesis’ newest production facility in Pune, India, marks another milestone in the company’s growing manufacturing footprint across Asia. The facility provides 48-hours value-added assembly services for D38999 Series I & Series III (QPL) connectors, locally stocked inventory from leading global connector brands and offering Indian Rupees (INR) to customers in India, providing a more seamless and localized purchasing experience.

This year also marks PEI-Genesis’ 80th anniversary, celebrating eight decades of engineering excellence, trusted partnerships, and global growth. Building on this legacy, the company remains committed to delivering high-performance interconnect and cable assembly solutions that power next-generation aerospace, defence, industrial, and other mission-critical applications worldwide.

“India continues to be an important growth market for the aerospace and defence industry,” said Alex Tsui, Vice President and Managing Director, Asia Pacific, PEI-Genesis. “AEDEX provides an excellent opportunity to engage with OEMs, defence manufacturers, system integrators and design engineers to discuss how our interconnect expertise and local manufacturing capabilities can support their next-generation programmes.”

Visit PEI-Genesis at AEDEX 2026 at Yashobhoomi, IICC, Hall 2, Booth B471, from September 10 to 12, 2026, 10:00 a.m.– 6:00 p.m.

About PEI-Genesis
Founded in 1946, PEI-Genesis is one of the world’s fastest assemblers of precision connectors and cable assemblies. From the largest connector component inventory in the world, they develop engineered solutions that support the military, industrial, medical, aerospace, transportation, and energy sectors worldwide. Headquartered in Philadelphia, PA, PEI-Genesis has production facilities in South Bend, IN; Southampton, UK; Louny, Czech Republic; Zhuhai, China and Pune, India, as well as sales offices throughout the Americas, Europe, and Asia. More information may be found at www.peigenesis.com.

Website: http://www.peigenesis.com     
LinkedIn: https://www.linkedin.com/company/pei-genesis/  
Twitter: https://twitter.com/PEIGenesis    
Facebook: https://www.facebook.com/PEIGenesis  
Blog: https://blog.peigenesis.com/  

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Technology

Skanska to build datacenter near Prague, Czechia, for CZK 2.1 billion, about SEK 930M

Published

41 minutes ago

August 24, 2026

STOCKHOLM, Aug. 24, 2026 /PRNewswire/ — Skanska has signed a contract with CRA Prague Gateway DC to build a new data center on the outskirts of Prague, Czechia. The contract is worth CZK 2.1 billion, about SEK 930M, which will be included in the order bookings for Europe for the third quarter of 2026.

Works will include complete construction and non-IT technologies. The initial phase will cover site infrastructure, foundation structures and the load-bearing precast concrete skeleton of the building.

Work will start in August 2026, with completion scheduled for 2028.

For further information please contact:
Ondřej Šuch, Head of Exernal Affairs, Skanska Central Europe, tel +420 725 628 760
Andreas Joons, Press Officer, Skanska AB, tel +46 76 870 75 51
Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/skanska/r/skanska-to-build-datacenter-near-prague–czechia–for-czk-2-1-billion–about-sek-930m,c4386683

The following files are available for download:

https://mb.cision.com/Main/95/4386683/4229287.pdf

20260824 CZ data center

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SOURCE Skanska