Antenova
Chief Scientist Professor Simon Kingsley has received a prestigious
award from the Institution of Engineering
and Technology
(IET), Europe’s largest professional society for engineers.
Prof Kingsley, from Stow-Cum-Quy, received the Ambrose Fleming
Medal for achievement in Communications for his key role in the
field of radio and antennas for mobile communications. He was also
co-founder of Antenova, which is now a worldwide leader
in the supply of antenna for mobile communication devices.
The award was presented
on Tuesday, November 13 as part of Achievement Awards of the
IET’s prestigious Ambition and Achievement
Awards at a ceremony at the Marriott Grosvenor Hotel, London.
The Achievement Awards programme recognises and rewards excellence
in individuals within the engineering and technology fields. The
programme covers students and young professionals who are in the
early stages of their career through to individuals who are at
the pinnacle of their careers.
The awards include the
Institution’s most prestigious award
the Faraday Medal plus two Honorary Fellowships.
Robin McGill, IET CEO
said: “The IET awards have a long
and distinguished history and have been awarded to many of the
great names in engineering and technology. This year’s recipients
are among the leading figures in their fields and are making important
and valuable contributions to the well-being of mankind.”
As
well as the Achievement Awards the IET also presented its annual
Ambition Awards. These celebrate the achievements of young engineering
and technology professionals and students, and offer them financial
and practical support throughout their studies. Each
year the IET awards more than £426,000 in scholarship
and bursaries. This includes £140,000 in FUSE scholarships
for students who are embarking on IET accredited engineering degree
courses in the UK.
Speaking about the Ambition
Awards Robin McGill said: “The
IET is committed to supporting and encouraging the next generation
of engineers and technologists. We believe that providing financial
and practical support is a valuable investment in the future. It
is those who forge careers in engineering and technology who will
tackle the major challenges which face the world today.”
For more information
please visit http://www.antenova.com
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Data quality specialist Datanomic today announced that
leading UK investment firm, Jupiter Investment Management Group
Limited,
has adopted its dn:Match, part of dn:Director Watch & PEP List
Matching Solution, to enhance its audit trails, and provide an
automated and consistent foundation for mitigating risk as part
of its preparation for the EU 3rd Money Laundering Directive, which
becomes law in the UK on 15 December 2007.
Jupiter is using
Datanomic’s solution via a third party
to support its proactive Sanctions List monitoring to screen 780,000
client records every month. This includes its Jupiter Unit Trust
Managers Limited (JUTM) database of clients, comprising individuals
who hold Unit Trusts, PEPs and ISAs with JUTM, as well as one of
its Jupiter Asset Management Limited databases for clients with
Investment Trust Savings Scheme holdings, including those held
within a PEP or ISA wrapper. The Datanomic solution replaces a
previously used outsourced service.
“In light of pending EU legislation, Datanomic’s dn:Match
will provide us with significant time savings, and a higher level
of assurance that we are compliant in meeting our continuing regulatory
obligations,” said a Jupiter spokesperson. Regulatory initiatives,
such as Basel II, MiFID and the 3rd EU Money Laundering Directive,
have placed stringent information management requirements on Financial
Services organisations. Money Laundering Reporting Officers (MLROs)
face increasing Know Your Customer challenges. The scale, complexity
and cost of screening customers against published sanctions lists
(‘Watch Lists’) and named PEP lists is becoming a major
administrative burden for compliance departments. The legal requirement
to continually and accurately screen their customer base presents
organisations with new operational challenges. Traditional matching
methods require a smarter, more sophisticated approach.
Datanomic’s Watch & PEP List Management solution enables
users to define how closely any two records match. Standard comparisons
are pre-configured but can be edited, removed or new ones added
in a risk-based approach. When the defined thresholds are met,
the decision of Match, No Match or Review can be automated. Most
importantly, Datanomic’s match rules mean manual decisions
made on reviewed records will automatically be remembered next
time the data is processed, unless either record has changed.
Jupiter has already
begun initial deployment of its first set of live files using
Datanomic’s dn:Match, which will be more
widely deployed over the coming months. The solution will be used
to screen client records on a regular and also periodic basis.
Compromised data exposes
organisations to both financial and reputational risk. Datanomic
has templates for matching against a number of
different lists, including World-Check and has worked with leading
financial institutions to deliver a highly intelligent data matching
solution that is designed for ease of use by non-technical users.
In addition to significantly reducing complexity and administrative
overhead, Datanomic’s Watch & PEP List Management solution
delivers industry best practice, providing a base from which management
can develop tailored policies and procedures appropriate to their
business. By reducing the amount of manual matching required, Datanomic’s
solution frees up resources to focus manual effort on more complex
tasks. Moreover, improving the effectiveness of enterprise data
applications further enhances corporate performance and competitive
advantage.
Datanomic’s Watch & PEP
List Management solution delivers a rapid return on investment
and fast implementation. The solution
can be purchased as a technology package that is owned in year
one, rather than as a service commanding an annual fee.
For more information please visit http://www.datanomic.com
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