Businesses
Here's a look at documents from U.S. and international businesses
Featured Stories
Polaris Teams Up With Cleetus McFarland and His Motorsports Community
MEDINA, Minnesota, April 8 -- Polaris Industries, a manufacturer of snowmobiles, all terrain vehicles, midsize and heavyweight motorcycles, issued the following news release:
* * *
Polaris Teams Up with Cleetus McFarland and His Motorsports Community
Partnership Will Celebrate Motorsports Mayhem and Give Fans More Ways to Join in Through Real-Deal Experiences, Content and Events
*
MINNEAPOLIS, MN -- Polaris, the world leader in powersports and off road fun, today kicked-off a multi-year partnership with YouTube pioneer, motorsports content creator, entrepreneur, and racer Cleetus McFarland
... Show Full Article
MEDINA, Minnesota, April 8 -- Polaris Industries, a manufacturer of snowmobiles, all terrain vehicles, midsize and heavyweight motorcycles, issued the following news release:
* * *
Polaris Teams Up with Cleetus McFarland and His Motorsports Community
Partnership Will Celebrate Motorsports Mayhem and Give Fans More Ways to Join in Through Real-Deal Experiences, Content and Events
*
MINNEAPOLIS, MN -- Polaris, the world leader in powersports and off road fun, today kicked-off a multi-year partnership with YouTube pioneer, motorsports content creator, entrepreneur, and racer Cleetus McFarland(also known as Garrett Mitchell) that will open the gates for content and experiences with his passionate community
Fans know Cleetus for the world he's built around the Freedom Factory, his YouTube channel, and the kind of loud, high energy, hands-on events that get people grinning ear to ear. Through this partnership, Polaris will help bring even more of Cleetus' ideas to life and give fans new ways to be part of the action.
"We are big fans of Cleetus and the community he has built. We couldn't just watch from the outside; we had to be a part of it," said Reid Wilson, President of Polaris Off-Road Vehicles. "He brings a level of energy, passion and authenticity that reflects what American motorsports is all about, and we look forward to supporting a community that shares our love for performance and adventure."
"I built my community around freedom, horsepower, and having a good time, and Polaris fits that perfectly," said Cleetus McFarland. "They get the people, they get the spirit--hell yeah, brother--that's what we're all about. Teaming up allows us to introduce more people to powersports and the fun that comes with it."
The partnership will put Cleetus and his team behind the wheel and let them go full throttle with Polaris. From his operations, content, and experiences at the Freedom Factory, Cleetus will be powered by Polaris and create new opportunities for fans to find freedom through powersports.
In true Freedom Factory Fashion, Polaris and Cleetus revealed the partnership with an adrenaline-fueled video released today on YouTubesm. Watch the full video here (https://www.youtube.com/watch?v=OVMF9vCxNKk).
* * *
ABOUT POLARIS
As the global leader in powersports, Polaris Inc. (NYSE: PII) has been defining and redefining outdoor adventure since 1954. Polaris delivers industry-shaping off-road vehicles, snowmobiles, boats, military, quadricycles, and commercial transportation vehicles, along with an expansive portfolio of parts, garments, and accessories. Its lineup includes some of the most iconic brands in powersports including the RANGER, RZR, Polaris XPEDITION, Bennington pontoons, Slingshot, and more. Headquartered in Minnesota and serving customers in nearly 100 countries, Polaris continues to set the standard for performance, quality, and unmatched service.
* * *
Original text: https://www.polaris.com/en-us/news/community/polaris-teams-up-with-cleetus-mcfarland-and-motorsports-community/
[Category: BizTransportation]
Hawaiian Electric Using Drones as a Wildfire Safety Tool
HONOLULU, Hawaii, April 8 -- Hawaiian Electric issued the following news release:
* * *
Hawaiian Electric using drones as a wildfire safety tool
Inspections to begin this month on Hawaii Island
*
HILO - As part of its ongoing wildfire safety strategy, Hawaiian Electric is using unmanned aircrafts, or drones, for aerial inspections of its electrical infrastructure in identified wildfire risk areas on Hawaii Island, Maui County and Oahu. The drones play a critical role in the inspection process and the technology enables Hawaiian Electric to more quickly identify issues to prevent or lessen
... Show Full Article
HONOLULU, Hawaii, April 8 -- Hawaiian Electric issued the following news release:
* * *
Hawaiian Electric using drones as a wildfire safety tool
Inspections to begin this month on Hawaii Island
*
HILO - As part of its ongoing wildfire safety strategy, Hawaiian Electric is using unmanned aircrafts, or drones, for aerial inspections of its electrical infrastructure in identified wildfire risk areas on Hawaii Island, Maui County and Oahu. The drones play a critical role in the inspection process and the technology enables Hawaiian Electric to more quickly identify issues to prevent or lessenthe risk of wildfires.
On Hawaii Island, Hawaiian Electric has contracted with Cyberhawk to conduct drone inspections alongside the company's own staff. Inspections typically will be conducted weekdays between 7:30 a.m. and 5 p.m., subject to weather conditions. Personnel will drive Hawaiian Electric or Hawaiian Electric Contractor marked vehicles. If on foot, the drone operator will wear a Cyberhawk company-branded hard hat and vest. All personnel will carry a Hawaiian Electric employee or contractor identification badge.
Inspections will begin in April and continue through June 2026. The inspections are performed at the poles and power lines, and no one will request to enter a home or business. There may be instances where the operator must enter private property, like a yard, to access a utility pole. In these instances, the operator will make their presence known before accessing equipment located on private property. Electric service will not be impacted.
The Hawaiian Electric Unmanned Aerial Systems (UAS) program is in full compliance and protection of all Federal Aviation Administration (FAA) rules and has developed safety, training, operating, and privacy procedures to make sure the unmanned aircraft are flown with the highest regard for the safety of the public and crews. Drones performing scheduled flights in support of utility and infrastructure projects are regulated by the FAA. Tampering with or damaging drone equipment or interfering with drone operations could be subject to federal enforcement or citing.
* * *
Original text: https://www.hawaiianelectric.com/hawaiian-electric-using-drones-as-a-wildfire-safety-tool-april-6
[Category: BizEnergy]
Gartner Says AI Projects in I&O Stall Ahead of Meaningful ROI Returns
STAMFORD, Connecticut, April 8 -- Gartner, an information technology research and advisory company, issued the following Q&A with Director Research Melanie Freeze:
* * *
Gartner Says AI Projects in I&O Stall Ahead of Meaningful ROI Returns
Only 28% of AI use cases in infrastructure and operations (I&O) fully succeed and meet ROI expectations, while 20% fail outright, according to a Gartner, Inc. survey of 782 I&O leaders in November and December 2025.
To ensure success, I&O leaders should connect AI to the business during execution, not just planning. The survey found that among 77% of I&O
... Show Full Article
STAMFORD, Connecticut, April 8 -- Gartner, an information technology research and advisory company, issued the following Q&A with Director Research Melanie Freeze:
* * *
Gartner Says AI Projects in I&O Stall Ahead of Meaningful ROI Returns
Only 28% of AI use cases in infrastructure and operations (I&O) fully succeed and meet ROI expectations, while 20% fail outright, according to a Gartner, Inc. survey of 782 I&O leaders in November and December 2025.
To ensure success, I&O leaders should connect AI to the business during execution, not just planning. The survey found that among 77% of I&Oleaders who deliver at least one successful AI use case, success is attributed primarily to integrating AI into existing workflows and systems and securing full support from business executives.
Ahead of the Gartner IT Infrastructure, Operations & Cloud Conference, taking place from May 11-12 in Sydney, we spoke with Melanie Freeze, Director Research at Gartner, about the key success factors for AI use cases in I&O and how leaders can prioritize and fund them.
Journalists who would like to speak with Melanie regarding this topic can contact Laurence.Goasduff@gartner.com. Members of the media can reference this material in articles with proper attribution to Gartner.
Q: Which types of AI in I&O fail, and why?
A: The 20% failure rate is largely driven by AI initiatives that are either overly ambitious or poorly scoped. AI that doesn't fit into the organization's operations simply can't deliver ROI.
For the 57% of I&O leaders who reported at least one failure, many said their AI initiatives failed because they expected too much, too fast. They assumed AI would immediately automate complex tasks, cut costs, or fix long standing operational issues. When expectations are not realistically set and the results don't appear quickly, confidence drops and projects stall.
I&O leaders most frequently observe AI failures in auto-remediation, self-healing infrastructure, and agent-led management of workflows within and between systems. Failure most commonly occurs when I&O leaders expect these solutions to outperform what AI tools can reliably deliver for complex and unpredictable IT operations.
Factors such as skills gaps and lack of data readiness also play a role in AI project failures. Thirty-eight percent of I&O leaders who faced setbacks said persistent skill gaps continue to hamper AI success. Additionally, 38% of I&O leaders said poor data quality or limited data availability was a direct cause of AI project failure.
Q: What separates I&O leaders who achieve AI ROI from those who struggle?
A: The Gartner survey showed that ROI from AI is not driven by the sophistication of the model, but by how well the technology is integrated, governed, and aligned with real operational needs.
Gartner identified three success factors:
* Successful I&O leaders don't run AI as side projects. For 33% of I&O leaders with AI success, they embed it into the systems and processes people already use. As AI becomes part of day to day operations, it boosts adoption and creates visible impact within the organization.
* A strong correlation between success and leadership buy in. Twenty-six percent of successful I&O leaders reported full executive support and 25% could count on cross-functional collaboration to successfully implement their AI use case. This matters because executive backing helps remove roadblocks, align priorities, and ensure the investment stays funded and focused.
* High performing I&O leaders start with realistic business cases and upfront preparation. Today, most AI success in I&O comes from GenAI applied to IT service management (ITSM) and cloud operations, where markets are mature and have proven business value. In fact, 53% of I&O leaders reported their AI wins occur in ITSM. Whether these wins occur in the cloud or in ITSM, I&O leaders must ensure they are shared broadly within the organization and the AI strategy remains cohesive and centrally-led.
"High performing I&O leaders start with realistic AI business cases and upfront preparation."
Q: With AI infrastructure expected to represent 54% of global IT spending in 2026, how should I&O leaders prioritize and determine funding for AI use cases?
A: To start, I&O leaders should ensure every AI use case is linked to a business goal. They should begin by managing AI use cases as a product to avoid duplication, drive synergies, and track their collective impact on I&O and business outcomes. From there, I&O leaders can work alongside their CIOs, data and analytics, security, legal, and finance stakeholders to assess each use case for feasibility, risk, cost, and expected business impact. A shared scoring model makes it easy to compare and rank all use cases and guide investment decisions.
Once priorities are clear, I&O leaders can determine which use cases deserve funding and at what level. Today, many AI initiatives are still funded by individual business units. However, as AI infrastructure spending continues to rise, CEOs and CFOs need to play a more active role in setting funding criteria and approving major investments.
I&O leaders must remember that a clearly defined, centrally endorsed AI portfolio helps their organization focus resources where they matter most. Above all, strong execution and business adoption, not just prioritization, determine AI's real ROI.
Gartner clients can learn more in "Infographic: Where AI is Delivering Value Now for Infrastructure and IT Operations (https://www.gartner.com/document-reader/document/7449326)" and "AI Portfolio: How to Vet, Prioritize and Fund AI Use Cases (https://www.gartner.com/document-reader/document/code/821221)".
* * *
Gartner is the World Authority on AI
Gartner is the indispensable partner to C-Level executives and technology providers as they implement AI strategies to achieve their mission-critical priorities. The independence and objectivity of Gartner insights provide clients with the confidence to make informed decisions and unlock the full potential of AI. Clients across the C-Level are using Gartner's proprietary AskGartner AI tool to determine how to leverage AI in their business. With more than 2,500 business and technology experts, 6,000 written insights, as well as more than 1,000 AI use cases and case studies, Gartner is the world authority on AI. More information can be found here (https://www.gartner.com/en/ai).
* * *
Gartner IT Infrastructure, Operations & Cloud Strategies Conference
Gartner analysts will provide additional insights on cloud strategies and infrastructure and operations trends at the Gartner IT Infrastructure, Operations & Cloud Strategies Conferences taking place May 11-12 in Sydney, June 1-2 in Mumbai, November 16-17 in London, December 1-3 in Tokyo and December 8-10 in Las Vegas.
* * *
About Gartner for Infrastructure & IT Operations Leaders
Gartner for Infrastructure & IT Operations Leaders helps heads of I&O reinvent how they deliver value for the business.
* * *
Original text: https://www.gartner.com/en/newsroom/press-releases/2026-04-07-gartner-says-artificial-intelligence-projects-in-infrastructure-and-operations-stall-ahead-of-meaningful-roi-returns
[Category: BizConsulting]
First Mid Bank & Trust Spotlights Latest Scam Trends During 2026 Tax Season
MATTOON, Illinois, April 8 -- First Mid Bank and Trust issued the following news release:
* * *
First Mid Bank & Trust Spotlights Latest Scam Trends During 2026 Tax Season
St. Louis, MO - Tax scams are surging in 2026, and the numbers are alarming. Nearly one in four Americans has either fallen victim to a tax-related scheme or knows someone who has, with losses averaging $8,000 per person. As artificial intelligence gives fraudsters more sophisticated tools, First Mid Bank & Trust (First Mid) is raising awareness about the latest fraud trends and how to protect your identity and wallet.
Each
... Show Full Article
MATTOON, Illinois, April 8 -- First Mid Bank and Trust issued the following news release:
* * *
First Mid Bank & Trust Spotlights Latest Scam Trends During 2026 Tax Season
St. Louis, MO - Tax scams are surging in 2026, and the numbers are alarming. Nearly one in four Americans has either fallen victim to a tax-related scheme or knows someone who has, with losses averaging $8,000 per person. As artificial intelligence gives fraudsters more sophisticated tools, First Mid Bank & Trust (First Mid) is raising awareness about the latest fraud trends and how to protect your identity and wallet.
Eachyear, the IRS releases its "Dirty Dozen" (https://www.irs.gov/newsroom/dirty-dozen-tax-scams-for-2026-irs-reminds-taxpayers-to-watch-out-for-dangerous-threats) list spotlighting the worst tax scams targeting taxpayers. At the top of the list are impersonation and phishing scams delivered through email and text. Scammers send messages that appear to come from the IRS, often using urgent language to prompt immediate action to verify accounts, enter personal information, or claim fraudulent refunds.
"Tax season is like open season for fraudsters. It involves refunds, W-2s, and increased financial activity that creates a wealth of opportunities for bad actors," said Barb Nesler, BSA & Fraud Officer at First Mid. "Awareness is the most powerful protection consumers can have. AI technology can make scams appear more realistic, and it can be very hard to differentiate real from fake these days. The key is to always remember that financial institutions, the IRS, law enforcement, and any other reputable organization will never contact you demanding immediate payment or asking for personal information. We already have that on record."
Tax season also heightens the risk of account takeover and direct deposit scams, where fraudsters attempt to access email or online bank accounts through fake fraud alerts or phishing messages. If successful, they can redirect payroll or ACH payments, change direct deposit details, apply for loans using stolen identities, and even file fraudulent tax returns before victims file their own.
"Prevention works best when everyone sees themselves as the first line of defense," explained Nesler. "Consumers may not realize it, but scammers can find the answers to their security questions from social media - your hometown, the school you attended, your pet's name, the first car you owned. It's so important to be mindful of what we share online to keep our personal information out of the wrong hands."
Last year, more than $5.7 million was lost to tax scams, with IRS impersonation being the most common.
Steps to Protect Yourself From Scams:
* Enable multifactor authentication
* Set up PINs where available
* Shred sensitive documents before discarding them
* Be mindful of personal information shared online
* Monitor your credit and accounts regularly for suspicious activity
* Never share account information, PIN numbers, or authentication codes
* Do not click suspicious links in emails or text messages
* Independently verify any request before sharing personal or financial information
* * *
About First Mid Bancshares, Inc.: First Mid Bancshares, Inc. is the parent company of First Mid Bank & Trust, N.A., First Mid Insurance Group, First Mid Wealth Management Company, and Two Rivers Bank & Trust. First Mid is a $9.1 billion community-focused organization that provides financial services including banking, insurance, wealth management, brokerage, and ag services through a network of locations in Illinois, Iowa, Missouri, Texas, and Wisconsin, and a loan production office in Indiana. Together, our First Mid team takes great pride in providing solutions and services to our customers and communities and has done so since 1865. More information about the Company is available on our website at www.firstmid.com. Our stock is traded in The NASDAQ Stock Market LLC under the ticker symbol "FMBH". Member FDIC | Equal Housing Lender.
* * *
Original text: https://s205.q4cdn.com/386638223/files/doc_news/2026/Apr/06/Press-Release-First-Mid-Bank-Trust-Spotlights-Latest-Scam-Trends-During-2026-Tax-Season.pdf
[Category: BizFinancial Services]
Dentons Rodyk at 165, Built on Legal Heritage and Shaped for What's Next
WASHINGTON, April 8 -- Dentons, a law firm, issued the following news on April 7, 2026:
* * *
Dentons Rodyk at 165, Built on Legal Heritage and Shaped for What's Next
In 2026, Dentons Rodyk reaches a seminal milestone: 165 years of continuous legal practice in Singapore.
* The first notice by newly minted law firm Woods & Davidson, dated 23 July 1861, published in The Straits Times on 3 August 1861
Founded in 1861, the firm has endured not by standing still, but by evolving alongside Singapore in constant transformation--from colonial outpost to global commercial hub. Its longevity reflects
... Show Full Article
WASHINGTON, April 8 -- Dentons, a law firm, issued the following news on April 7, 2026:
* * *
Dentons Rodyk at 165, Built on Legal Heritage and Shaped for What's Next
In 2026, Dentons Rodyk reaches a seminal milestone: 165 years of continuous legal practice in Singapore.
* The first notice by newly minted law firm Woods & Davidson, dated 23 July 1861, published in The Straits Times on 3 August 1861
Founded in 1861, the firm has endured not by standing still, but by evolving alongside Singapore in constant transformation--from colonial outpost to global commercial hub. Its longevity reflectsmore than history; it signals an ability to adapt, to challenge convention, and to remain relevant as the roles of law, lawyers, and legal institutions continue to evolve.
"A 165-year-old law firm cannot survive by preserving the past. We endure because we adapt," said Managing Partner Gerald Singham. "Singapore has never stood still, and neither have we. From advising on landmark public listings to integrating AI into daily practice, our responsibility is not only to keep pace with change, but to shape it."
Legacy & Stewardship Focus
Rising to prominence as Singapore's leading law firm in the 20th century, Rodyk & Davidson strengthened its foundations through a strategic merger with Helen Yeo & Partners in 2002.
Breaking Barriers in Law
Among the firm's most defining chapters was the role of Helen Yeo, a trailblazer who became managing partner at a time when senior leadership in Singapore's legal profession was almost exclusively male. Helen led during an era when female firm leaders were the exception rather than the norm, guiding the firm through periods of profound economic and professional change, and setting rigorous standards for governance, client trust, and long-term stewardship. Her leadership marked a quiet but consequential shift--not only strengthening the firm's foundations but also expanding the boundaries of what was possible for women in law.
Local Roots to Global Reach
In 2011, Philip Jeyaretnam succeeded Helen Yeo as managing partner. A Cambridge educated advocate and one of the youngest lawyers to be appointed senior counsel when he was bestowed the title in 2003 at the age of 38, Philip brought to the role a calm, principled leadership style shaped by his belief that a law firm endures only when each generation consciously renews and builds on what it has inherited. He emphasised investment in younger lawyers, nurturing and retention of talent, and a culture that values judgement, training, and quiet excellence over short term gain. Under his leadership, Rodyk & Davidson joined Dentons, the world's largest law firm, marrying its deep local heritage and institutional knowledge with the strength of a global platform spanning more than 80 countries.
* Philip Jeyaretnam succeeds Helen Yeo as managing partner in 2011
Leading Dentons Across ASEAN
In 2021, leadership passed to Gerald Singham, marking a significant chapter in the firm's continuing evolution. Having spent his entire professional career at Singapore's oldest law firm, Gerald embodies the firm's living institutional memory while firmly orienting it toward the future. Appointed Deputy Managing Partner in 2011, he assumed the role of Managing Partner of Dentons Rodyk alongside his broader responsibilities as Dentons' Global Vice Chair and ASEAN CEO. Under his leadership, Dentons has accelerated its expansion across Southeast Asia, with established offices in Singapore, Indonesia, Malaysia, Vietnam, the Philippines, Myanmar and, most recently, Thailand through a combination with leading Thai law firm Pisut & Partners. This growing ASEAN platform reinforces the firm's long standing commitment to connecting clients with exceptional legal talent across the region's seven largest ASEAN economies, while anchoring regional growth in Singapore's oldest legal institution.
* Gerald Singham leads Singapore's oldest law firm into its next chapter of regional growth
* Rodyk & Davidson combines with world's largest law firm Dentons in June 2016
* Dentons ASEAN launches its office in Thailand in February 2026
Landmark Legal Work Across the Nation's History
Over more than 165 years, Dentons Rodyk's work has run in parallel with Singapore's nation-building story--advising on transactions and disputes that marked defining chapters in the country's development.
The firm advised on the successful public listing of Singapore Airlines, a milestone IPO that reflected Singapore's emergence as a global aviation and financial hub. It also advised Yayasan Mendaki on the establishment of Amanah Saham Mendaki, the first Shariah compliant unit trust scheme, supporting greater financial inclusion and community empowerment. Dentons Rodyk defended the main contractor in the Commission of Inquiry into the Nicoll Highway collapse, one of the most significant infrastructure-related inquiries in the nation's history.
* The firm advised on the IPO of Singapore Airlines, reflecting the nation's emergence as a global aviation hub
The firm has also built enduring relationships with clients by standing alongside them through complex legal challenges and pivotal moments of change. From supporting Nomanbhoy & Sons, one of Singapore's oldest commodity trading firms, as it expanded its international trade operations, to assisting healthcare leader IHH Healthcare in navigating digital transformation, and advising global infrastructure and technology group Boustead on major projects and strategic divestments, Dentons Rodyk has played a trusted role at critical turning points in clients' journeys.
Across industries and jurisdictions, the firm continues to support clients on landmark transactions and complex matters, offering the experience, judgement and long-term perspective that only time and trust can provide.
* The firm has been supporting long-time client Nomanbhoy & Sons since 1893
From Heritage to High-Tech
As artificial intelligence (AI) transforms the legal industry, Dentons Rodyk has embraced the future of law responsibly, practically, and strategically. From smarter drafting and faster research to more efficient client communications, the use of AI platforms such as Microsoft Copilot has become part of daily operations. Teams report meaningful time savings, higher-quality output, and innovative ways to serve clients more effectively. One early success saw the Finance team use AI to improve client follow-ups, boosting responsiveness and streamlining invoicing.
The firm's approach to technology, guided by a dedicated Innovation team, combines structured training, targeted rollout, and a culture of engagement to ensure every adoption step is responsible and value-driven. With over 70% of licensed users engaging with Copilot weekly or daily, AI is firmly embedded in how the firm practises law and manages operations.
Looking ahead, 2026 will see AI fully integrated across operations, with expanded adoption, advanced workflows, and firmwide AI fluency. By combining 165 years of heritage with cutting-edge technology, Dentons Rodyk continues to redefine what a modern law firm can achieve for its people, clients, and the legal profession.
"We do not see AI replacing lawyers, but we do see it reshaping how judgement is exercised and how value is delivered," said Managing Partner Gerald Singham.
Building a Forward-Looking Practice
From a modest notice in The Straits Times in 1861 to a firm operating across ASEAN and the globe, Dentons Rodyk's journey mirrors Singapore's own transformation. The past 165 years were defined by growth, and the years ahead will be shaped by innovation and responsibility. Built on legal heritage and shaped for what's next, the firm remains guided by the same principle that sustained it from the beginning: to serve with integrity, adapt with conviction, and stand alongside clients through every era of change.
* * *
About Dentons Rodyk
Dentons Rodyk is Singapore's global law firm and part of the world's largest, with a team of around 200 lawyers offering clients a full suite of legal services necessary to do business locally and globally.
With over 160 years of establishment and consistently ranked highly in leading publications, Dentons Rodyk delivers top-tier legal advice while maintaining strong working relationships with key public sector agencies and prominent private sector organisations.
Its combination with global law firm Dentons makes it part of the world's largest law firm, with more than 12,500 professionals across over 160 locations in more than 80 countries. Dentons Rodyk is also part of Dentons ASEAN, the first global pan-ASEAN law firm, with a longstanding presence in Indonesia, Malaysia, Myanmar, Thailand, the Philippines, Singapore and Vietnam.
* * *
Original text here: https://dentons.rodyk.com/en/about-dentons-rodyk/news/2026/april/dentons-rodyk-at-165
[Category: BizLaw/Legal]
Canoe Intelligence and Bloomberg Launch Integration to Automate Private Fund Data Delivery, Supporting a Total Portfolio View
NEW YORK, April 8 -- Bloomberg issued the following news with Canoe Intelligence:
* * *
Canoe Intelligence and Bloomberg Launch Integration to Automate Private Fund Data Delivery, Supporting a Total Portfolio View
Integration helps asset owners reduce manual reporting and support cross-asset portfolio analysis
*
Canoe Intelligence ("Canoe"), the platform for smarter alts management, and Bloomberg today announced a certified integration that automates the delivery of private fund data directly into PORT Enterprise, Bloomberg's premium portfolio and risk analytics offering.
Canoe automates
... Show Full Article
NEW YORK, April 8 -- Bloomberg issued the following news with Canoe Intelligence:
* * *
Canoe Intelligence and Bloomberg Launch Integration to Automate Private Fund Data Delivery, Supporting a Total Portfolio View
Integration helps asset owners reduce manual reporting and support cross-asset portfolio analysis
*
Canoe Intelligence ("Canoe"), the platform for smarter alts management, and Bloomberg today announced a certified integration that automates the delivery of private fund data directly into PORT Enterprise, Bloomberg's premium portfolio and risk analytics offering.
Canoe automatesthe collection, extraction, and normalization of private fund data, turning cash flows, portfolio positions, and holdings into validated, portfolio-ready information. Using the Financial Instrument Global Identifier (FIGI), an unchanging, open data standard, as a consistent fund identifier, Canoe delivers data into Bloomberg PORT Enterprise via secure FTP for mutual clients, reducing manual mapping and data entry.
With private fund data accessible in PORT Enterprise, asset owners can analyze public and private investments for a total portfolio view, while supporting Investment Book of Record aligned workflows that provide an accurate view of private funds' cash and position data. Clients can use PORT's interactive dashboards on the Terminal to visualize portfolios, run cross-asset risk and scenario analysis with Bloomberg's Multi-Asset Class Fundamental Risk Model (MAC3), assess performance against Bloomberg's alternative indices, as well as compare private fund metrics alongside traditional portfolio time-weighted returns.
"For far too long, those of us working in private markets have had to manually input data," remarked Mike Muniz, Chief Strategy Officer at Canoe Intelligence. "This Canoe and Bloomberg integration is a more systematic and automated solution for clients looking to refocus on true private fund and portfolio analysis. We look forward to continuing to work with Bloomberg and expanding what this integration can do for mutual clients."
"Total portfolio management requires interoperability across public and private data, from identifiers and positions to the workflows built on top of them," said Brad Foster, Head of Fixed Income & Private Markets at Bloomberg. "Our integration with Canoe automates the flow of clients' private fund data into Bloomberg, where they can apply the analytics and tools they use every day to manage public investments, making it easier to compare, monitor, and act across the portfolio."
"This was one of the easiest integrations that our operations team has managed. Manual data entry for our private fund holdings was consuming significant time each quarter and delaying portfolio reviews. With the Canoe-Bloomberg integration, that data now flows directly into PORT Enterprise, strengthening our total portfolio view and supporting deeper cross-asset risk and scenario analysis using Bloomberg's data and analytics," said Lupita Breland, Investment Operations Manager at Arizona State Retirement System. "We've eliminated hours of operational work and can close our reporting cycles faster with confidence in the data accuracy."
* * *
About Canoe Intelligence
Canoe Intelligence ("Canoe") is the platform for smarter alts management. We redefine alternative investment intelligence with AI-driven software that directly addresses the core challenges of private markets. Our technology empowers institutions, LPs, and wealth managers to future-proof their alts infrastructure, modernizing systems and providing a scalable foundation for long-term growth and compliance. By automating manual data processing with AI-native precision, Canoe helps clients reduce operational costs and risks, significantly lowering overhead and mitigating errors. Ultimately, our timely, accurate, and comprehensive data enables investment teams to drive superior investment outcomes through deeper insights and more profitable allocation strategies. With Canoe, it's all about making Alts, smarter. Learn more at www.canoeintelligence.com.
* * *
About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.
* * *
About Bloomberg PORT Enterprise
PORT Enterprise is a premium offering that provides more than 800 clients with sophisticated portfolio risk and return attribution capabilities with enhanced customization and batch reporting. Access to Bloomberg's Multi-Asset Class (MAC3) fundamental risk factor models provides clients with the most advanced suite of risk forecasting, including Tracking Error volatility, VAR, and scenario analysis. PORT Enterprise is part of Bloomberg Buy-Side Solutions, which deliver front-to-back technology across the investment lifecycle. For more information, visit Bloomberg Buy-Side Solutions.
* * *
Original text here: https://www.bloomberg.com/company/press/canoe-intelligence-and-bloomberg-launch-integration-to-automate-private-fund-data-delivery-supporting-a-total-portfolio-view/
[Category: BizMedia]
Bloomberg Expands Single-Asset Commodity Coverage With Launch of BCOM Global Commodity Singles Indices
NEW YORK, April 8 -- Bloomberg issued the following news:
* * *
Bloomberg Expands Single-Asset Commodity Coverage with Launch of BCOM Global Commodity Singles Indices
Energy, metals, agriculture, livestock and additional commodities now available as Bloomberg single-asset indices
*
Bloomberg Indices announced an expansion of its single-asset index capabilities, launching the Bloomberg Global Commodity Singles Indices (BCOM Global Singles). These launches underscore the growing convergence of commodities markets within multi-asset portfolios. By offering more granular exposure to individual
... Show Full Article
NEW YORK, April 8 -- Bloomberg issued the following news:
* * *
Bloomberg Expands Single-Asset Commodity Coverage with Launch of BCOM Global Commodity Singles Indices
Energy, metals, agriculture, livestock and additional commodities now available as Bloomberg single-asset indices
*
Bloomberg Indices announced an expansion of its single-asset index capabilities, launching the Bloomberg Global Commodity Singles Indices (BCOM Global Singles). These launches underscore the growing convergence of commodities markets within multi-asset portfolios. By offering more granular exposure to individualcommodities across global markets, the BCOM Global Single Indices enable investors to better align strategies with specific macroeconomic themes and regional trends.
"Investors are increasingly seeking more precise and flexible ways to access commodities within diversified portfolios," said Jigna Gibb, Head of Commodities and Crypto Index Products at Bloomberg Index Services Limited. "At the same time, liquidity in new futures markets is deepening, making it both viable and necessary to expand beyond the core 25 commodities included in the flagship Bloomberg Commodity Index. The BCOM Global Singles extend our capabilities by offering targeted exposure to individual commodities across regions and currencies, helping investors navigate evolving market dynamics."
Bloomberg Global Commodity Singles Indices (BCOM Global Singles) (https://assets.bbhub.io/professional/sites/27/BCOM-Global-Singles-Fact-Sheet_Q425.pdf)
The BCOM Global singles enhance Bloomberg's commodity coverage by tracking the performance of holding and rolling a long position in individual futures contracts beyond the 25 components of the Bloomberg Commodity Index (BCOM). This expansion introduces regionally significant and non-USD denominated futures across major commodity sectors, including:
* Energy
* Industrial metals
* Precious metals
* Grains
* Soft commodities
* Livestock
These indices are designed to reflect the growing importance of regional market dynamics, including supply chain realignments, geopolitical developments, and increasing demand tied to energy transition and food security. For investors, the BCOM Global Single indices offer granular commodity benchmarks that can support portfolio diversification, product development, and commodity market analysis.
Bloomberg clients can access the new indices on the Bloomberg Terminal at {IN }, Bloomberg's index search and discovery function on the Bloomberg Terminal. All research and index methodology documents are available on the Bloomberg Indices Documentation page.
* * *
About Bloomberg Index Services Limited
Bloomberg's index team has a proven track record in creating industry-leading and bespoke indices across asset classes, including their flagship fixed income, commodity and equity indices. BISL takes an innovative approach to delivering strategic benchmarks that help market participants address their evolving investment needs. The indices, which are seamlessly integrated with other Bloomberg solutions, draw on a comprehensive range of trusted data and reliable technology for calculations, analytics and workflow automation, along with distribution capabilities that can help amplify the visibility of our customers' products.
* * *
About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.
* * *
Original text here: https://www.bloomberg.com/company/press/bloomberg-expands-single-asset-commodity-coverage-with-launch-of-bcom-global-commodity-singles-indices/
[Category: BizMedia]
