DENODO EARNS SNOWFLAKE “ONE TO WATCH” RECOGNITION FOR AGENTIC AI SOLUTIONS

KUALA LUMPUR, June 24 (Bernama) -- Denodo has been recognised by Snowflake as a Data Integration and Data Modeling "One to Watch" in The Modern Marketing Data Stack 2026 report for enabling agentic artificial intelligence (AI) solutions for marketing leaders.

The recognition highlights Denodo’s growing role within the Snowflake ecosystem in helping marketing organisations unify and govern distributed data to support AI-driven insights and autonomous agentic workflows.

According to a statement, vendors recognised as "One to Watch" were selected based on their innovation, market momentum and ability to deliver differentiated capabilities that extend the value of the Snowflake AI Data Cloud.

“We are honoured to be recognised by Snowflake for our innovation that seamlessly extends the value of the AI Data Cloud across the broader enterprise landscape and enables agentic insights and workflows for customers,” said Denodo executive vice president, Suresh Chandrasekaran.

Meanwhile, Snowflake chief marketing officer, Denise Persson said the combination of Denodo’s logically centralised data foundation and Snowflake’s AI Data Cloud enables enterprise customers to unify data across complex environments, delivering trusted real-time insights and governance needed to support agentic AI use cases and accelerate business outcomes.

Through Denodo’s governed active data and context layer, marketers gain live, unified access to data across on-premises, multi-cloud and software-as-a-service (SaaS) environments without having to duplicate data across distributed sources.

Together, Denodo and Snowflake enable marketing leaders to leverage trusted data to power real-time customer 360 views, optimise campaigns through autonomous actions, integrate data across platforms and deliver more personalised customer engagement.

Currently in its fifth year, Snowflake’s Modern Marketing Data Stack report reflects a major shift towards AI-driven marketing operations and draws on insights from over 11,500 Snowflake customers and ecosystem partners across 13 categories.

-- BERNAMA

JAPAN’S NON-LIFE INSURANCE SEGMENT OUTLOOK REMAINS STABLE - AM BEST

KUALA LUMPUR, June 23 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on Japan’s non-life insurance segment, citing factors including rising interest rates and the introduction of the Japan Insurance Capital Standard (J-ICS).

According to Best’s Market Segment Report, heightened regulatory oversight, successive rate revisions and tighter underwriting terms continue to improve fire insurance profitability, supporting the stable outlook.

The report stated that interest rate hikes are widely anticipated for the remainder of 2026, although the pace and magnitude remain uncertain amid a slowing economy and a depreciating Japanese yen.

AM Best senior financial analyst, Charles Chiang said a higher interest rate environment provides Japanese non-life insurers with improved reinvestment yields.

“However, the sustained depreciation of the Japanese yen has cut both ways for the non-life market, generating translation gains on overseas earnings while simultaneously driving up claims costs in the voluntary and fire lines,” he said in a statement.

The J-ICS, which became effective from the fiscal year ended March 31, 2026, is expected to enhance the transparency and global comparability of Japanese non-life insurers, strengthening their credibility in cross-border transactions and supporting capacity for international expansion over time.

The report also noted that major non-life insurers are likely to remain focused on reallocating capital towards overseas expansion to offset long-term structural headwinds from large natural catastrophe exposures and the limited growth prospects of the domestic market.

As investment performance has remained a vital contributor to the non-life segment’s overall profitability over the past 12 months, AM Best expects it to remain an important earnings tailwind.

The report added that lower-than-expected natural catastrophe insured losses over the past year have supported underwriting results across the segment.

-- BERNAMA

Straive Acquires NextGen Invent to Boost Data & AI Operationalization Capabilities

NEW YORK, June 22 (Bernama-BUSINESS WIRE) -- Straive, a global leader in Data & AI operationalization, today announced its acquisition of NextGen Invent, an AI engineering and enterprise services provider.

NextGen Invent combines data and AI engineering with domain expertise to deliver tailored business solutions for clients across various industries, including Life Sciences, and Manufacturing. The company has offices in New York (USA) and Noida (India).

“Straive helps clients build and run AI that replaces and transforms the legacy enterprise. NextGen Invent’s hands-on experience in developing AI solutions and deploying them to transform and automate complex industry-specific workflows fits very well with Straive’s focus on Data & AI Operationalization. Together, we help clients break free from the costly AI experimentation cycle and rapidly operationalize AI to deliver measurable business impact,” said Ankor Rai, Chief Executive Officer at Straive.

"By bringing NextGen Invent’s forward-deployed engineers into the Straive fold, we will be accelerating our ability to land and seamlessly scale up to build, run, and transform our clients’ business priorities. Their vertical expertise in Life Sciences and Manufacturing will help clients accelerate delivery, improve data reliability, and operationalize AI at scale,” added Namit Sureka, President & Chief Analytics & AI Officer at Straive.

Reflecting on this milestone, Deepak Mittal, Founder & CEO at NextGen Invent, said: “We share a common vision of helping organizations thrive in an AI-first world. By combining our strengths, we bring industry expertise in AI strategy, scalable AI enablement, governance, and modern data platforms. Backed by strong thought leadership, we help businesses move from intent to impact and from strategy to execution, with global reach.”

Novistra Capital acted as the exclusive sell-side advisor to NextGen Invent.

About Straive

Straive is a leader in Data and AI Operationalization, helping global clients build and run AI-powered solutions that replace and transform the legacy enterprise, combining AI engineering, data expertise, and deep domain knowledge. Straive enables organizations to move rapidly from AI experimentation to measurable business impact.

Serving clients across Financial & Information Services, Healthcare & Life Sciences, Retail, Technology & Media, Logistics & Manufacturing, Education, and Research, Straive operates globally through delivery teams spanning the Americas, Europe, Africa, and Asia. Straive is owned by EQT, a purpose-driven global investment organization focused on active ownership strategies.

For more information about Straive, please visit www.straive.com.

About NextGen Invent

NextGen Invent, an AI enablement and technology services company with offices in New York (USA) and Noida (India), focuses on delivering transformative outcomes through Strategy, AI Enablement, and Technology Transformation across Healthcare, Life Sciences, and Logistics & Manufacturing.

The company brings expertise in Generative and Agentic AI, intelligent automation, anchored by foundational strengths in data analytics, cloud modernization, and digital product development. The company is known for its forward-deployed AI model, agile delivery, thought leadership, and a highly collaborative approach that places engineering excellence close to client challenges and outcomes.

View source version on businesswire.com:
https://www.businesswire.com/news/home/20260618316051/en/

Contact

For media queries, contact: Vijay Nair (vijay.nair@straive.com)

Source : Straive

--BERNAMA

Defiance Launches Europe’s First Memory UCITS ETF (DRAM)

• Defiance has expanded its European ETF lineup with the launch of the Defiance Memory UCITS ETF (ticker: DRAM).
• The ETF seeks to provide exposure to companies involved in the development, manufacturing, commercialisation, and storage of memory semiconductors and data storage systems.
• In the U.S., memory-focused ETFs have gathered around $20 billion in assets under management (AUM).1
• The ETF is listed on Xetra and Borsa Italiana, with the London Stock Exchange to follow.

MIAMI, June 19 (Bernama-GLOBE NEWSWIRE) -- Defiance ETFs is excited to announce the launch of the Defiance Memory UCITS ETF (ticker: DRAM), Europe’s first memory ETF. The Fund seeks to provide exposure to companies involved in the development, manufacturing, commercialisation, and storage of memory semiconductors and data storage systems.

Defiance Memory UCITS ETF
ISIN: IE000CEUZ052
TER: 0.69%
Exchange Bloomberg Ticker SEDOL Trading Currency
Xetra DRAM GY BVVG296 EUR
Borsa Italiana DRAM IM BVVG2B8 USD

Memory prices are moving higher. Demand from AI, cloud computing, and data centres is absorbing a growing share of advanced memory capacity, while major manufacturers are prioritising higher-margin areas such as high-bandwidth memory and server-grade DRAM (Dynamic Random Access Memory) over more commoditised consumer applications.2

This shift is creating pressure across the wider technology supply chain. As supply is redirected towards AI infrastructure and hyperscale data centres, manufacturers of everyday devices are facing higher input costs and tighter availability.

This year, it is expected that there will not be enough memory to meet worldwide demand.3 DRAM and solid-state drive (SSD) prices could rise as much as 130% by the end of 2026, according to Gartner.4

Exposure to the memory sector through ETFs has so far only been possible in the U.S., where assets are now around $20 billion.5 The Defiance Memory UCITS ETF seeks to give European investors the opportunity to access the memory sector, which will need to expand to keep up with AI-driven demand.

This is Defiance’s 4th launch since entering the European UCITS ETF market earlier this year.

Defiance UCITS Lineup Ticker
Defiance AI & Power Infrastructure UCITS ETF AIPO
Defiance Memory UCITS ETF DRAM
Drone UCITS ETF DRON
Ukraine Reconstruction UCITS ETF UKRN

Sylvia Jablonski, CIO of Defiance ETFs, commented: “Memory is the foundational layer of the AI economy. Every model training run, inference workload, and hyperscale data centre expansion depends on DRAM, HBM, and advanced storage. DRAM gives European investors a direct, rules-based way to access this segment of the AI value chain, complementing the power infrastructure exposure already available through AIPO.”

Hector McNeil, Co-Founder and Co-CEO of HANetf, commented: “We are delighted to be partnering with Defiance to launch the Defiance Memory UCITS ETF. The ETF captures a sector that has seen significant growth recently, driven predominantly by the rise of AI and its infrastructure. This ETF particularly complements Defiance’s AIPO ETF, which provides access to the power infrastructure behind the AI buildout.”

For full fund details, including the prospectus and Key Information Document, visit hanetf.com.

About Defiance ETFs

Founded in 2018, Defiance is a leading ETF issuer specializing in thematic, income, and leveraged ETFs. The firm manages 75+ ETFs designed to provide targeted exposure to high-growth sectors including AI infrastructure, quantum computing, drones and modern warfare, and other emerging technologies.

About HANetf

HANetf is an independent provider of UCITS ETFs, working with asset management companies to bring differentiated, modern, and innovative exposures to European ETF investors. Via our white-label ETF platform, HANetf provides a complete operational, regulatory, distribution and marketing solution for asset managers to launch and manage UCITS ETFs. www.hanetf.com

Media Contact

Brenda Hentschel | bhentschel@gregoryagency.com | 201.705.3758

For European media enquiries:
Italy: Elena Soffientini, Mymediarelation | soffientini@mymediarelation.it | +39 375 670 62 07
Germany: Caroline Chojnowski, Public Imaging | Caroline.Chojnowski@publicimaging.de | +49 (0)40-401 999 - 23

Important Information

Communications issued in the European Economic Area (“EEA”)
The content in this document is issued and approved by HANetf EU Limited (“HANetf EU”). HANetf EU is authorised and regulated by the Central Bank of Ireland. HANetf EU is registered in Ireland with registration number 728832.

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The content in this document is issued by HANetf Limited (“HANetf”) and approved by Privium Fund Management (UK) Limited (“Privium”). HANetf is an appointed representative of Privium, which is authorised and regulated by the Financial Conduct Authority. The registered office of Privium is The Shard, 24th Floor, 32 London Bridge Street, London, SE1 9SG.

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1. HANetf ICAV and HANetf ICAV II are open-ended Irish collective asset management vehicles and are the issuers of the ETFs under the terms in the relevant Prospectuses and relevant Supplements for each ETF approved by the Central Bank of Ireland (“CBI”) (each an “ETF Prospectus” and together the “ETF Prospectuses”). Investors should read the current version of the relevant ETF Prospectus before investing and should refer to the section of the relevant ETF Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in the ETFs. Any decision to invest should be based on the information contained in the ETF Prospectuses.

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3. Bitwise Europe GmbH, a limited liability company incorporated under the laws of the Federal Republic of Germany, issuing under the terms in the Prospectus approved by the Bundesanstalt für Finanzdienstleistungsaufsicht (“BaFin”) and the final terms (“Cryptocurrency Prospectus”) is the issuer of the ETCM ETCs. Investors should read the latest version of the Cryptocurrency Prospectus before investing and should refer to the section of the Cryptocurrency Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in the ETCs contained in the Cryptocurrency Prospectus. Any decision to invest should be based on the information contained in the Cryptocurrency Prospectus.

4. HANetf Multi-Asset ETC Issuer plc, a public company incorporated in Jersey, issuing under the terms in the Base Prospectuses approved by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) (the “SFSA”), the United Kingdom Financial Conduct Authority (“FCA”) and the final terms of the relevant series (“Multi-Asset ETC Securities Documentation”) is the issuer of ETCs linked to and secured by various underlying assets. Investors should read the latest version of the ETC Securities Documentation before investing and should refer to the section of the relevant Base Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in the ETCs. Any decision to invest should be based on the information contained in the ETC Securities Documentation.

The relevant ETF Prospectuses, ETC Securities Documentation, Multi-Asset ETC Securities Documentation and Cryptocurrency Prospectus can all be downloaded from www.hanetf.com.

The decision and amount to invest in any Product should take into consideration your specific circumstances after seeking independent investment, tax and legal advice. We do not control and are not responsible for the content of third-party websites.

We believe the information in this document is based on reliable sources, but its accuracy cannot be guaranteed. The views expressed are the views of HANetf at time of publication and may change. Neither Privium nor HANetf is liable for any losses relating to the accuracy, completeness or use of information in this communication, including any consequential loss.

FOR SWISS INVESTORS ONLY: The Fund has appointed as Swiss Representative Waystone Fund Services (Switzerland) SA, Av. Villamont 17, 1005 Lausanne, Switzerland, Tel: +41 21 311 17 77, email: switzerland@waystone.com. The Fund’s Swiss paying agent is Helvetische Bank AG. The Prospectus, the Key Investor Information Documents, the Instrument of Incorporation as well as the annual and semi-annual reports may be obtained free of charge from the Swiss Representative in Lausanne. The issue and redemption prices are published at each issue and redemption on www.fundinfo.com.

1Source: ETFBook. Data as at 06/16/2026.
2Source: Forbes, 2026.
3Source: CNBC, 2026.
4Source: Gartner, 2026.
5Source: ETFBook. Data as at 06/16/2026.

A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/a566fcca-b8ad-4109-9d41-2af9ee73c275

SOURCE: Defiance ETFs

DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.

--BERNAMA

MAVENIR LAUNCHES UNIFIED DIGITAL APP FOR ENET

KUALA LUMPUR, June 19 (Bernama) -- Mavenir, the cloud-native network software provider, has launched a unified digital platform for Guyanese telecommunications operator ENet, bringing mobile, broadband, fixed-line and IPTV services into a single application (app).




The My ENet App enables consumer and enterprise customers to manage voice, SMS, data, broadband, fixed-line and IPTV services through one digital platform, replacing multiple apps previously used across different business support systems.




According to Mavenir in a statement, the app integrates customer onboarding, self-service functions, payments, loyalty programmes and eSIM provisioning, providing users with a single digital touchpoint for managing their services.




Mavenir Senior Vice President and General Manager of Business Solutions, Sandeep Singh said the app demonstrates how telecommunications operators can use digital platforms to expand beyond traditional connectivity services and develop new monetisation opportunities.




Meanwhile, ENet Chief Executive Officer, Vishok Persaud said the platform delivers a more streamlined customer experience while creating opportunities for future digital services and innovation.




A key feature of the app is a centralised digital wallet that allows customers to manage payments across all ENet services through a single account. The capability could support future third-party payment services and new digital revenue opportunities.




The platform was built on Mavenir’s Digital Enablement platform and delivered through the company's Agile Delivery Squad model, which provides dedicated development resources for ongoing enhancements and system integration. The app is available on both iOS and Android devices.




The launch builds on a long-standing partnership between the two companies. In 2023, ENet launched new 4G and 5G services in Guyana powered by Mavenir's cloud-native IMS and Digital BSS, laying the foundation for the latest digital transformation initiative.




-- BERNAMA

MAVENIR, RED HAT LAUNCH AI MONETISATION PLATFORM

KUALA LUMPUR, June 19 (Bernama) -- Mavenir has launched an integrated artificial intelligence (AI) platform developed in collaboration with Red Hat, enabling network operators to offer and bill AI services through token-based consumption models using existing telecom billing systems.

The platform combines Mavenir's AI software with Red Hat's AI and Kubernetes capabilities running on Red Hat OpenShift, allowing operators to deploy AI services on their own infrastructure while maintaining control over pricing, service levels, data and model selection.

Mavenir Chief Technology and Strategy Officer, Bejoy Pankajakshan said the platform enables operators to become AI service providers rather than merely supplying connectivity.

He said operators would be able to monetise AI usage through existing business support systems while retaining control over data, pricing and service quality.

Meanwhile, Red Hat Chief Technology Officer and Senior Vice President of Global Engineering, Chris Wright said the hybrid architecture allows operators to run most AI workloads on sovereign on-premises infrastructure while selectively connecting to external models when advanced capabilities are required.

In a statement, Mavenir said the platform supports three operating models: operator-branded AI services for subscribers, AI infrastructure for operator-managed AI grid deployments, and managed AI services for enterprise customers on a token-based consumption basis.

The company said the platform is designed to help operators generate new revenue streams from AI services through token-based plans, while providing control over data sovereignty, service assurance and spending on external AI models. The architecture supports both on-premises small language models and selective access to advanced frontier models through policy-based routing.

The platform includes AI operations, model management, token charging and billing capabilities, as well as security and service assurance features designed for carrier-grade deployments.

Mavenir will showcase the platform at DTW Ignite 2026, which takes place from June 23 to 25.

-- BERNAMA

JTB TO ACQUIRE ASIA DMC OPERATOR EXO TRAVEL

JTB to Acquire Asian DMC Leader EXO Travel for Accelerated Global Growth

KUALA LUMPUR, June 19 (Bernama) -- JTB Corp has agreed to acquire all shares of Bangkok-based EXO Travel Group through a group company in the Asia-Pacific (APAC) region, strengthening its destination management capabilities and expanding its global travel network.

EXO Travel, operated by All Wise Holdings Pte Ltd, is a destination management company (DMC) focused on the business-to-business travel market across APAC. The company has built a strong presence over more than three decades, particularly among travel partners in Europe, North America and Australia.

In a statement, JTB said the acquisition supports its strategy of transforming from a Japan-centric business model into a globally connected network, enabling further growth under its "Departing Globally, Arriving Globally" initiative.

The company said EXO Travel's customer base in key long-haul markets and its destination management infrastructure across Asia would complement JTB's existing operations and enhance its ability to serve international travellers.

JTB added that the combination of EXO Travel's expertise in intra-Asia travel and the inbound tourism capabilities of JTB Global Marketing & Travel would help improve customer experiences and support growing demand for multi-destination travel across the region.

The acquisition is also expected to strengthen JTB's outbound travel business from Europe, North America and Australia to Asia, including Japan, while creating operational synergies through the integration of sales, marketing and operational functions.

Founded in 1993, EXO Travel is a destination management company operating across Asia and serving travel partners in Europe, North America and Australia.

JTB Corp, founded in 1912, is one of Japan's largest travel and tourism groups, providing leisure, corporate and educational travel services through a global network spanning 37 countries and regions.

-- BERNAMA