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News Release

How Computerized Cars Have Changed Auto Repair in Today’s World

AutoTech IQ

In the not-so-distant past, all auto technicians needed was a good understanding of a car’s engine. They would listen to and feel the car’s engine, and most often, they could diagnose and fix a problem. But today’s cars are more complex, and the average technician has to rely on diagnostic and test equipment to understand what’s going on under the hood. Today’s cars have hundreds or even thousands of computer chips that are all controlled by software. Cars have evolved so much that some people believe that in the near future, an increasing number of cars will be powered by self-driving software. Trends Computerized Cars Are Setting Remember when automatic car windows replaced the roll-up model? Auto technicians all over the world had to switch from a mindset of fixing a busted manual knob to fixing one that is not only driven by a motor but also controlled by a computer. As cars become more computerized, auto repair shops have to stay current on more technology. High-Tech Features Mean Specialists Are Needed for Repairs In today’s auto repair world, technicians have to use complex diagnose and test equipment instead of focusing on just replacing fluids and car parts. That’s because cars aren’t so much mechanical machines anymore. Instead, they are often thought of as computers on wheels. Gone are the days when people could work on their own cars. Today, specialized software is needed to find the glitch in the car’s system before it can be repaired. Complicated Network Systems Are More Interconnected Than Ever Before The cars of yesterday had individual, mechanical working parts that, together, made them run. But today’s cars are interconnected in ways that old-school technicians could never imagine. Vehicles today utilize advanced driver-assistance systems (ADAS) and their computers are extremely complex, yet they all communicate seamlessly with each other. For instance, Tesla’s onboard AI chip is smarter than the US Air Force’s F-35 fight jet and is packed with 150 million times more computer power. Because of the technological advances in vehicles, it’s extremely important for technicians to have a thorough understanding of how to properly calibrate the systems so drivers remain safe on the road. Costs Are Rising Because of the Complexity of High-Tech Vehicles Because of the complexity of computerized cars, the number of visits to auto repair shops has radically decreased but the cost per visit is going up and changing the way auto shops do business. For instance, car owners sporting European models can’t just go to any repair shop, they need technicians who specialize in their make and model of vehicle. This makes car repairs on a budget a thing of the past. The increased need for specialized equipment and technicians has driven up the cost of running a shop, and as cars continue to become more computerized, that isn’t likely to change. Auto shops also have to have specialized equipment to help diagnose issues. If these shops don’t specialize in one vehicle make and if they don’t have the equipment, they will hire diagnosticians who will help diagnose the issues. This also drives up the cost of doing business. Why Digital Inspections Are Essential for Computerized Car Owners Because cars are so complex and rely on computers, service intervals have increased dramatically. The frequency of shop visits is going down which requires tracking the vital sign of your vehicle regularly. What you know from your doctor’s visit is also true for your vehicle. Digital inspections are the tool to track the car’s vital signs. They allow technicians to check the car's computer system and overall health and pinpoint the source of a potential problem. When a service advisor emails a customer a digital report that outlines the problem and details the optimal fix, it instills a sense of trust in consumers because of images and videos educating the customer plus recommendations giving the customers options. Gone are the days when consumers are pressured into making a decision on the phone without understanding the true nature of the problem. Digital inspections eliminate the risk of paying for an unnecessary repair. Instead, these inspections pinpoint the problem and educate the customer about options on how to fix it. How To Find an Auto Repair Shop You Can Trust Are you ready to have more of a partnership with your auto repair shop rather than having to trust a phone call without any real evidence? If so, AutoTechIQ can help. AutoTechIQ connects you with an auto repair shop in your area that focuses on your education about the best options based on Digital Vehicle Health Inspection results. This allows you to work with shops to find the best (and most long-term economical) solution when your car needs repair. It also ensures that your shop is held accountable and does not suggest repairs that are not needed. To find an auto repair shop that makes use of this technology, use the Shops Near You function on AutoTechIQ’s website and schedule an appointment with an auto shop that wants to earn your trust. This post contains sponsored advertising content. This content is for informational purposes only. Contact Details AutoTech IQ +1 866-678-8505 support@AutoTechIQ.com Company Website https://www.autotechiq.com/

December 19, 2022 03:54 PM Eastern Standard Time

News Release

Have You Noticed How Your Auto Repair Shop Has Changed?

AutoTech IQ

Just a few decades ago, the vast majority of cars had mechanically controlled engines and transmissions, anti-lock braking systems (ABS) were a brand-new thing, and everything was gas or, to a much lesser degree, diesel-powered. The best fuel efficiency for an affordable car was 18 miles per gallon (mpg), and the best-selling cars were Honda Accord, Ford Taurus and Chevrolet Cavalier. Once a vehicle was out of warranty, most car owners would take it to an independent auto repair shop. The leading factors for choosing a shop were the distance to the client's home or work, customer service quality and service price compared with a dealership. Since then, much has changed, but some has not. Today, car owners still take their vehicles to independent auto repair shops for the same reasons. But the technology built into cars has changed dramatically. Much of the operations are computerized, creating a fuel efficiency of 35 mpg and higher for cars that are not hybrid or electric. That technology shift created new challenges and opportunities for independent auto repair shops, changing many aspects of their business. Challenges and Opportunities for Independent Auto Repair Shops Because of the complexity of computerized cars, tools in auto repair shops now include diagnostic devices with ever-increasing depth giving technicians the ability to pinpoint the cause of a problem. And just like your home computer prompts you to update its software applications, modern cars’ software can be updated. Because dozens of complex computers in a car interact with each other, they require trained staff and authorized programming tools. Some dealerships imply that only factory-trained techs lay hands on the complex cars they service, but independent auto repair shops with a built-in training program aren’t lagging behind them. The digital transformation is in full swing for car technology and auto shop service advisers are improving communications with on-the-go car owners. That communication isn't restricted to appointment scheduling by text or email. Advisers can educate their customers without having them on the phone or at the counter. The perfect example is sending a state-of-health report to car owners illustrating, with edited images and videos, what work needs to happen now and what can wait. Why is Digital Transformation a Game Changer? The ease of use has made digital tools such as smartphones, desktop computers and tablets the dominant way to communicate. The ability to send information without interrupting the recipient at home or work takes the stress out of many interactions that could otherwise lead to a loss of focus, productivity and control. The ability to digest information on the recipients' schedule gives them control and creates a sense of empowerment to make confident decisions based on the options at hand. For example, the customer can ask questions digitally and get second opinions before approving work. Before contacting the shop, AutoTechIQ.com offers vehicle owners the opportunity to familiarize themselves with the symptoms the car is exhibiting. Articles like “ My Car Smells Like Burning Rubber ” offer a simple three-step path to: Confirm the symptom Add info for the shop with a simple click Request an appointment at an AutoTechIQ-certified shop You don't need a ride after dropping off your vehicle at the auto shop in the morning. Instead, an assigned employee picks it up and drops it off at your home or work after it’s repaired. You can schedule everything through text messages or with a digital app on your phone that will provide status notifications about the repair progress throughout the day. Instead of interruptions at work, you receive a link to your vehicle's state-of-health report. Then, you can study it on your timeline and ask questions before approving the proposed work — all through texts or chat messages. Increased Level of Professionalism Have you noticed that many shops don’t fly by the seat of their pants anymore? Today’s successful auto repair shops are professional businesses focusing on you — the customer — for the lifetime of your vehicle and beyond. Car repair and maintenance businesses have transitioned to professionally run establishments focused on the education and longevity of their customers’ vehicles instead of the transactional business model of repairing the issue at hand. Seasoned shop owners realize that they can replicate their customer service in other locations and establish a multilocation business providing consistent, high-quality service across the same area. Companies like Transformer Institute help shop owners — especially multilocation owners — seize the opportunity of providing higher-quality service to car owners, exceeding what wrenching technicians typically offer. This post contains sponsored advertising content. This content is for informational purposes only. Contact Details AutoTech IQ +1 866-678-8505 support@AutoTechIQ.com Company Website https://www.autotechiq.com/

December 19, 2022 03:29 PM Eastern Standard Time

Multipolar Development Corporation Early Modeling Success Paving Way for New Direct Current Electric Machine Prototype

Multipolar Development Corporation

Multipolar Development Corporation (MDC) an electrical engineering company announced a key design milestone in the development of its novel Multi-Polar Technology™ electric vehicle (EV) propulsion enhancement system. Models are proving that MDC’s patented technology will improve efficiencies in overall performance and range of operation, particularly in large consumer vehicle trucks and commercial transport vehicles. MDC engineers and partners are completing a finite element method (FEM) model for a 10 kW 2 kV prototype direct current (DC) electric machine that demonstrates the ability to operate at higher DC voltages and without the need for a commutator. “Multi-Polar represents one of the single greatest incremental improvements in motor technology I have seen in more than 25 years,” stated engineering expert and MDC team member Arie Hirshbein, “I am thrilled and excited to be part of the development team at this early stage.” “The machine analyzed could be operated like a one-phase brushless machine, providing an advantage in control that could provide flexibility at different operating points of the motor. Without a need for rare earth permanent magnets, Multipolar technology provides a huge advantage in the performance of the motor and avoids supply chain and environmental issues associated with permanent magnets currently utilized,” Hirshbein continued. “Since the failure and maintenance of commutators have made higher power of DC electric machines impractical, the success of our model bodes well for its future in an industrial setting,” stated Multipolar inventor Shaun McCutcheon. “The Multi-Polar design is expected to allow high motor torque performance, including a high starting torque, making it suitable for heavy industrial applications and large electric vehicles (EV’s).” “The modeling is paving the way for us to demonstrate and prove the gains in overall system efficiency that our technology achieves through a physical prototype. We are designing a prototype based on the current computer models and showcasing the significant practical use of the technology,” McCutcheon continued. MDC technology modeling employs an advanced software and firmware-based control system that adjusts the polarity and the magnetic field strength of each electromagnetic pole within an electric motor or generator to achieve the desired operation. The control system relies on sensor data about the position and speed of the rotor to optimize pole parameters in real-time to enhance performance. The FEM model simulates 42 and 78 poles within a rotating machine and provides a numerical solution for the electromagnetic fields and relevant voltages. Recent simulations achieved rectification of generator output exceeding 2000 V DC at speed with no brushes or commutator in the model, resulting in a significant proof of concept for the design. Multi-Polar motors will require fewer external drive components as the speed and torque are managed directly by the advanced control system. Unlike standard DC brushless machines, they will require only two power connections. The wide range of operational speeds at full power – owing to the ability to change the number of poles virtually – will allow MDC’s machines to be repurposed through software and firmware changes rather than being replaced or redesigned. The advanced control system will also be able to compensate for efficiency losses due to mechanical imperfections or damage. “Multipolar moves us into a truly digital machine age – an advanced machine without many of the inherent inefficiencies and limitations of classic electromagnetic energy conversion,” McCutcheon explained. “The modeling proves our technology has the potential to shock the EV industry and advance it to a new level of efficiency and performance.” Multipolar Development Corporation is an Austin, TX-based S-Corp comprised of energy, electric, and automotive engineering experts. ### Please visit: https://www.multipolarmachine.com/ For more information or to schedule an interview with Shaun McCutcheon, please contact Dan Rene of kglobal, at daniel.rene@kglobal.com or 202-329-8357 Contact Details kglobal Dan Rene +1 202-329-8357 daniel.rene@kglobal.com Company Website https://www.multipolarmachine.com/

December 19, 2022 10:30 AM Eastern Standard Time

Travel Technology Association Files Comments with U.S. Department of Transportation on Airline Ticket Refunds and Consumer Protections

Travel Tech

The Travel Technology Association (Travel Tech), the voice of the travel technology industry and a consistent advocate for public policy that supports a competitive and transparent marketplace, filed comments today in response to the Department of Transportation’s (DOT) Notice of Proposed Rulemaking (NPRM) on “Airline Ticket Refunds and Consumer Protections,” – Docket No. DOT-OST-2022-0089. "On behalf of consumers and our member companies that serve them, the Travel Technology Association is proud to stand with the U.S. Department of Transportation in assuring once and for all that airline travelers are made whole when their flights are canceled,” said Travel Tech President and CEO Laura Chadwick. “You get what you pay for, and when you don't, you should get your money back." "We welcome the Department's decision to define what constitutes a ‘canceled flight’ and ‘significant change to flight itinerary.’ These definitions will bring much-needed uniformity and clarity to what have been fraught and stressful experiences for travelers facing weather or airline staffing issues," Chadwick continued. "Great customer service, whether before, during, or after a trip, is key to the value Travel Tech members offer. These definitions will help online travel agents better support their customers navigating frustrating flight cancellations and the labyrinth of airline customer service systems." The Travel Technology Association’s full comments may be viewed at: https://www.traveltech.org/wp-content/uploads/2022/12/Comments-of-The-Travel-Technology-Association.pdf In its comments, the Travel Technology Association explains that ticket agents are already bound to issue refunds “promptly” after airlines provide the authorization and funds to do so. In its draft rule, the Department proposes that customers receive refunds within seven days. However, it takes up to eleven days to secure refunds from airlines' payment and refund systems. "To require refunds before the funds are returned by the airline – as the proposed rule currently demands – would impose an undue financial burden and risk on ticket agents. We encourage the Department to revise this part of its proposal to reflect that airlines’ payment and refund systems are beyond the control of ticket agents.” ### About Travel Tech The Travel Technology Association (Travel Tech) is the voice of the travel technology industry, advocating for public policy that promotes transparency and competition in the marketplace to encourage innovation and preserve consumer choice. Travel Tech represents the leading innovators in travel technology, including global distribution systems, online travel agencies and metasearch companies, travel management companies, and short-term rental platforms. To schedule an interview with a Travel Tech spokesperson, contact Dan Rene of kglobal at 202-329-8357 or daniel.rene@kglobal.com. Contact Details kglobal Dan Rene +1 202-329-8357 daniel.rene@kglobal.com Company Website https://www.traveltech.org.

December 19, 2022 10:15 AM Eastern Standard Time

Claravine Appoints Justin Shepard as its First Chief Financial Officer

Claravine

Claravine, a pioneer in data integrity for the global enterprise, has appointed Justin Shepard as its first Chief Financial Officer (CFO). The newly added role supports the continued growth of Claravine and the increasing demand for its Data Standards Cloud platform within the enterprise. This demand is being driven by disruption in digital advertising and marketing being driven by increased data compliance needs, campaign measurement challenges due to signal loss and a heightened focus on first-party data. Shepard joins Claravine’s executive team with CFO experience from Flytedesk, the largest campus advertising technology network in the US; Clear Ballot Group, leading provider of government technology solutions that increases trust and transparency for the backbone of America's democracy; and Brand Networks, a social marketing and advertising technology company. Shepard will play a key role in the effective running of the business’ finance, strategy and operations functions. Shepard will report to Claravine’s CEO Chief Executive Officer, Verl Allen. “Claravine has had an incredible amount of momentum over the past year, with its goal being to continue transforming the way brand marketers and agencies manage and action data to deliver the greatest impact on the businesses they serve,” said Shepard. “I’m excited to join this incredible team and help enable further growth for the business in the years ahead.” Founded in 2012, Claravine empowers a proactive approach to data by activating standards across people and technology – bridging the silos that limit speed and decisions. The company has forged successful partnerships with well-known Fortune 1000 companies such as Under Armour and Ancestry and is currently working with a quarter of the Fortune 100. With a collaborative user interface and strategic integrations with top customer experience platforms such as Adobe and Google, Claravine's platform, The Data Standards Cloud®, helps global organizations define, apply and connect standards across their ecosystem for faster decisions, greater agility and increased ROI. “Justin’s wealth of experience is exactly what we’re looking for during this period of growth at Claravine. His diverse background in a wide range of senior finance roles as well as his keen passion in data and analytics makes him a perfect fit for our company and team,” said Verl Allen, CEO of Claravine. Shepard’s appointment to Chief Financial Officer comes soon after Claravine’s 2022 AdExchanger Award win for Best Data Technology and the Claravine’s recognition as a cool vendor in 2022 Gartner Cool Vendors in Marketing Data and Analytics report. Claravine also expanded its integration library this year in an effort to be compatible with more of the major platforms including Google Ads, Snapchat Ads and Pinterest Ads Manager. About Claravine Claravine is a pioneer in Data Integrity for the global enterprise. We empower a proactive approach to marketing measurement by activating data standards across people and technology, bridging the silos that limit speed and decisions. That’s why nearly a quarter of the Fortune 100 use our platform, The Data Standards Cloud, to define, apply and connect standards across their ecosystem for faster decisions, greater agility, and increased ROI. www.claravine.com Contact Details Kite Hill PR Michael Kocher +1 704-960-2295 michael@kitehillpr.com Company Website https://www.claravine.com/

December 19, 2022 09:00 AM Eastern Standard Time

OnePlus Confirms Launch Date for its Next Flagship Products

OnePlus

NEW DELHI, INDIA - Media OutReach - 19 December 2022 - Global technology brand OnePlus announced today that The OnePlus Cloud 11 launch event will take place on February 7, 2023, in New Delhi, India. Themed “Cloud 11” to represent the upgraded technology and performance delivered by the brand’s latest products, the event focuses on an ensemble of OnePlus flagship products that elevate user experience from “Cloud 9” to “Cloud 11”. It will kickstart the year with a hopeful outlook for tech enthusiasts and OnePlus’ community of loyal users. The Powerful Duo: Introducing the OnePlus 11 5G and the OnePlus Buds Pro 2 During the event, various OnePlus products will be making their debut, but the highlight remains to be the official unveiling of two new flagship devices, the OnePlus 11 5G and the OnePlus Buds Pro 2. This flagship smartphone is set to take the brand’s fast and smooth experience to new heights. The OnePlus 11 5G marks the return of two user-favorite features – the sophisticated Hasselblad imaging that makes photos true to life, and the handy Alert Slider that makes it easy to shift from mode to mode. OnePlus has also designed the ideal companion to the OnePlus 11 5G - the OnePlus Buds Pro 2, which promises to deliver a full-bodied, stereo-quality audio experience with crystal clarity. The announcement of the OnePlus 11 5G and the OnePlus Buds Pro 2 serves as a testament that OnePlus continues to move forward and reach upward. “We’re thrilled to be revealing these exciting new products that bring a levelled up fast and smooth experience to the market,” said Pete Lau, Founder of OnePlus, Senior Vice President and Chief of Product at OPPO and OnePlus. “The OnePlus 11 5G, the OnePlus Buds Pro 2, and other products are driven by our community co-creation spirit and will be equipped with the most advanced technology to provide a refined experience to our users.” About OnePlus OnePlus is a global mobile technology brand that challenges conventional concepts of technology. Founded on the “Never Settle” mantra, OnePlus creates exquisitely designed devices with premium build quality and high-performance hardware. OnePlus thrives on cultivating strong bonds and growing alongside its community of users and fans. For more information, please visit OnePlus.com or follow us on: Instagram - https://instagram.com/oneplus Facebook - https://facebook.com/oneplus Twitter - https://twitter.com/oneplus LinkedIn - https://linkedin.com/company/oneplus YouTube - https://youtube.com/@oneplustech TikTok - https://tiktok.com/@oneplus Contact Details OnePlus Malcolm Cheng malcolm.cheng@oneplus.com

December 19, 2022 09:00 AM Eastern Standard Time

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XPOINT ANNOUNCES LIVE XPOINT VERIFY PARTNERSHIP WITH BET99

Xpoint Technology

Xpoint, the leading geolocation and compliance technology company specializing in North American sports betting, iGaming, and Daily Fantasy Sports (DFS) markets, has confirmed that Canadian-based premium online sports betting and casino platform BET99, is now live with Verify in Ontario. BET99 has embedded Verify within its platforms, allowing its Ontario consumers to engage safely, securely and fraud-free. BET99 recently announced a partnership with international soccer superstar Sebastian Giovinco, adding the Toronto FC all-time top scorer to its roster of high-profile BET99 ambassadors that also includes UFC Hall of Famer Georges St-Pierre and NHL All-Star Auston Matthews. “I’m delighted to add the Canadian market-leading sports betting platform, BET99, to our growing list of live partners as they make such rapid progress growing their brand,” said Marvin Sanderson, CEO of Xpoint. “As we expand our North American footprint, we're building more tools and systems specifically designed to help our partners utilize their location-based data for fraud analysis and micro-geofencing services.” “Xpoint is a perfect choice to partner with on geo-verification technology,” added Paul Nyzuk, Chief Technology Officer at BET99. “Xpoint offers more data points that can be used to detect fraud, offering more data than other major geo-verification services. The partnership also fits with BET99’s mandate to leverage innovative technologies to deliver an online betting experience like no other.” The two geo-verification technology products provided by Xpoint are live with multiple partners in Canada and throughout the USA, and is one of only two geolocation technology vendors licensed in New Jersey. For more details on Xpoint, please go to xpoint.tech and follow Xpoint on social media via LinkedIn and Twitter. ABOUT XPOINT Xpoint provides essential geolocation security solutions and intelligent location-based marketing insights to the global sports betting and iGaming industries. Xpoint’s innovative Verify and Lite platforms ensures partners meet their regulatory geo-compliance obligations, and deliver enhanced value through the generation of location-based data that can drive marketing programs. Xpoint was founded in 2019 and officially unveiled in Las Vegas in 2021, and is led by the company's CEO Marvin Sanderson, a global sports betting and iGaming industry leader. With North American offices in Toronto, Canada and Miami, Florida, Xpoint is changing the global geolocation market, bringing innovation to an industry that has, to date, viewed geo-compliance as a utility, not a new business opportunity. For more information, visit xpoint.tech and follow LinkedIn and Twitter for regular updates. ABOUT Sports Venture Holdings and BET99 Sports Venture Holdings Inc. is a holding company of subsidiaries that operate the market-leading BET99 brands. BET99 offers premium online sports betting and casino platforms to Canadians, leveraging the brand's unique understanding of the country's regional differences to create localized, diverse products tailored to each market. BET99 also boasts a number of unique Canadian partnerships, including UFC Hall of Famer Georges St-Pierre, NHL All-Star Auston Matthews, two-time Olympian Alysha Newman, the Ottawa Senators, Live Nation, Postmedia, CF Montreal, the Montreal Alouettes and now, international soccer star Sebastian Giovinco. SOURCE BET99 For further information: For Sports Venture Holdings and BET99, please contact: Simon Legge, Chief Financial Officer, Sports Venture Holdings, simon.legge@bet99.com or Paul Nyzuk, Chief Technology Officer, Sports Venture Holdings, paul.nyzuk@bet99.com. Contact Details Xpoint Arisha Nomani +1 305-455-8776 arisha@xpoint.tech Kaiser & Partners Communications Ema Asler ema.asler@kaiserpartners.com Company Website https://xpoint.tech/

December 19, 2022 08:00 AM Eastern Standard Time

CleverTap appoints Satyadeep Mishra as Chief Human Resources Officer

CleverTap

CleverTap, the World's #1 Retention Cloud today announced the appointment of Satyadeep Mishra as their new Chief Human Resources Officer. He joins from the hospitality-technology platform, OYO where he worked as the Chief Human Resources Officer for its technology, product, global functions and international markets teams. With over two decades of experience working with the likes of Jio, Barclays and Bajaj Finserv among others, Satya brings with him a demonstrable history of leading teams and conceptualizing innovative HR strategies across domains of talent acquisition, training & development, and performance management. He also played a pivotal role in the transformational growth journey of Jio’s core telecom and digital initiatives. “We are excited to have Satya onboard. Having nurtured some of the industry’s leading experts, quality talent has always been a top priority for CleverTap. And with Satya’s immense experience, I have no doubt that he will lead our People Strategy and continue to build on our culture which puts employees first, as we go from strength to strength in our journey as global MarTech leaders”, said Sidharth Malik, Chief Executive Officer, CleverTap. “It's an absolute pleasure to be part of such a dynamic and exuberant team. The growth of CleverTap over the past few years is a testament to the capabilities and dedication of everybody involved with the team. The roles that HR functions play, not just in people strategy, but even in business, have become significant for more companies, especially within the era of work from anywhere. I am elated to be working with like-minded individuals that understand the importance of retaining and nurturing bright talent. I am confident that together, we can scale new heights and break conventional barriers while creating value not only for our customers but also for our employees the world over”, said Satyadeep Mishra, Chief Human Resource Officer, CleverTap. About CleverTap CleverTap is the World's #1 Retention Cloud that helps app-first brands personalize and optimize all consumer touch points to improve user engagement, retention, and life-time value. It's the only solution built to address the needs of retention and growth teams, with audience analytics, deep-segmentation, multi-channel engagement, product recommendations, and automation in one unified product.The platform is powered by TesseractDB™ - world’s first purpose-built database for customer engagement, offering both speed and economies of scale. CleverTap is trusted by 1500 customers, including Gojek, ShopX, Electronic Arts, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa John’s, and Tesco. Backed by leading investors such as Sequoia India, Tiger Global, Accel, and CDPQ the company is headquartered in Mountain View, California, with presence in San Francisco, New York, São Paulo, Bogota, London, Amsterdam, Sofia, Dubai, Mumbai, Singapore, and Jakarta. For more information, visit clevertap.com or follow on LinkedIn and Twitter. Forward-Looking Statements Some of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction Contact Details Sony Shetty sony@clevertap.com Company Website https://clevertap.com/

December 19, 2022 07:59 AM Eastern Standard Time

TickTrader: How the ever-relevant trading platform was developed

Benzinga

The removal of MetaTrader 4 and 5 apps from the App Store, along with the fact that MetaQuotes has put on hold accepting applications for white-label solutions for MT4 and MT5 trading platforms, reminds us how volatile the field of Forex trading technology can be. Therefore, we deem it necessary to remind our followers of the factors that come into play when we develop a white-label technology to launch a Forex broker. One such example is our TickTrader trading platform, which allows brokers to issue white-label licenses — and place their own trading applications in the App Store and Google Play sans restrictions. Flexible range of functions Regardless of the type of audience we are addressing; our trading platform should be able to meet the needs of both novice and experienced users. Newcomers may not plan to use custom alerts or create their own EA yet, but what if they do in the future? By identifying these needs in advance, we can greatly improve our chances of keeping old customers and attracting new ones with the growth of our business. Advanced users will appreciate features such as one/double-click trading mode (perfect for analyzing fast-moving markets), advanced trading alerts with the ability to bind on the server side (so client activity is not tied to the state of trading applications), or detailed charts with the options to draw, view volumes, trades, and set alerts. Choosing a trading account that best suits one’s needs Clients should be able to select the account type that best suits their needs based on the currencies they want to trade, the instruments, the initial deposit, the brokerage bonus offer, etc. With the TickTrader trading platform, one can open both margin accounts (leveraged) and spot exchange accounts (cash), with margin accounts subdivided into gross and net. Advanced order types It would be useful if advanced orders were offered in addition to the usual order types (market and pending orders, including Stop, Limit, and Stop Limit orders), allowing experienced traders to develop more complex trading strategies. In addition to complex orders such as Good Till Cancel or Hidden, the TickTrader Trading Platform also allows the creation of order strategies such as Ladder or OTA (One Triggers Another). As a result, users will be able to adapt to different market conditions much more easily. Slippage control To avoid or reduce slippage, it is desirable to apply a slippage control function. For the TickTrader trading platform, Slippage control implies the following operating principle: the Slippage control value is added to the price of the client's market order, then an IOC (Immediate or Cancel) order is placed. The liquidity provider commits to execute this limit order at the available prices, but not below the limit order price. A terminal for each platform With multi-language web, desktop, and mobile terminals, our clients may select the most effective manner to use our services. Four different types of client terminals, each with a specialized set of features created for a specific context, are available through the TickTrader trading platform. The TickTrader desktop terminal offers access to both low-latency marginal trading and exchange of FX and Crypto products, as well as high-end features. With the TickTrader Web Terminal, one can access TickTrader from anywhere with only a computer and an internet connection. Last but not least, the TickTrader mobile terminal (available for iOS and Android) offers convenient 24/7 access to mobile Forex and exchange trading through the Internet. A comprehensive API kit The TickTrader trading server's application programming interfaces kit enables developers to build specialized trading tools and interfaces for use with no-terminal trading. The Web REST API, Sockets API, FIX API, SFX, and Manager API are all included in the TickTrader trading platform API kit. Among other functions, the TickTrader’s API kit allows users to receive detailed information about financial instruments, user accounts, and trading operations, and connect securely to the TickTrader Server to get information about quote flows (currencies, symbols). Business side features We have discussed the advantages that the trading platform may offer to the end user above, but we must remember, nevertheless, that there are many helpful features hidden inside that will make the lives of administrators much easier. We will examine the modules built as a part of the TickTrader trading platform administrative architecture because every software supplier approaches this problem differently. Sublicensing Customers that use the TickTrader Trading Platform as part of a white-label solution may now provide sublicensing services. As soon as the solution is implemented, the sublicensing system is immediately usable and relatively straightforward. As part of the contract with Soft-FX, the software buyer is entitled to supply a sub-license and possibly boost their earnings through increased trading volumes and extra commissions. Algo-Studio The protocols included in TickTrader Algo Studio enable the creation and operation of algorithmic trading systems. It has pre-installed market-maker algorithms that provide administrators the power to control price flow, liquidity, and pricing guidelines for any token or derivative product. A collection of trading bots and pre-built algorithmic trading systems are also included in the TickTrader trading platform software package, which also offers the option to import and convert strategies from MT4 and MT5 for usage in TickTrader in the future. Stock Events Module This module enables tailoring stock operations on the trading platform in accordance with corporate events that take place at a specific period. Any move that significantly alters a stock-issuing corporation and affects its stakeholders is referred to as a corporate action. Corporate activities include things like dividends, stock splits, mergers, acquisitions, and spinoffs, all of which can demand a lot of processing time and resources in the absence of automation. For instance, stock splits may cause significant gaps to appear on the chart, giving the appearance of a sudden price decline. Technical indicators would provide false sale signals based on the chart. A technique to prevent such situations is the TickTrader Stock Events module. By removing any gaps left behind after occurrences like splits, dividends, and mergers and acquisitions, this functionality enables us to change data and make our platform as adaptable as feasible. Liquidity Aggregation The TickTrader trading platform may be set up to produce market depth feed and enhance liquidity flow diversity. Utilizing a strong matching engine, for instance, enables customers to create internal liquidity and operate as both price givers and takers of prices. This implies that we will be able to contribute our clients' orders to the market depth in addition to the liquidity from external providers. This can greatly lower the costs associated with the fees paid to the liquidity providers. Expanded alternatives for risk management provide a hybrid A-book/B-book paradigm that is implemented through a trading multiplier system, allowing for the assignment of a trading multiplier to each trading account on the platform. The multiplier's value affects how much of the proposed trading volume is sent to the outside market, allowing us to manage successful clients in accordance with current company goals. Admin Console TickTrader has a comfortable administrative console. The workflow and user interface were created with an emphasis on the possibility of completely varied experiences among the employees who will utilize this capability. For example: dealing department workers who have prior expertise utilizing the admin and manager components of MT4 and MT5 should find it quite simple to grasp the TickTrader admin panel. In conclusion We hope that the details above have helped you get a clearer idea of how a dependable white-label trading platform's functionality is designed and executed. Our staff is here to answer any questions you may have about the TickTrader trading platform, which gives consumers the option to perform trading operations on both a cryptocurrency exchange and an FX brokerage. This platform serves as a strong basis for the exchange and brokerage industries. Contact us! This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

December 16, 2022 01:00 PM Eastern Standard Time

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