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Oracle Hyperion monetary management:

Oracle Hyperion fiscal administration (HFM). it is a finished, web-primarily based utility that delivers global monetary consolidation, reporting and evaluation in a single, totally-scalable utility answer. This solution makes it viable for your team to expend greater time on ahead-searching activities and fewer time checking and double-checking specific consequences. Hyperion fiscal management offers business-main application using these days’s most superior expertise, yet it is constructed to exist owned and maintained via the finance crew.

Croyants Hyperion competencies can abet you clear up even the most principal concerns confronted on your Hyperion ambiance and execute your enterprise sprint smooth . Their industry performance administration solutions can aid you enhance your organization’s effectiveness, efficiency and compliance.

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  • speed up reporting cycles — in the reduction of proximate cycle times and carry more timely outcomes
  • in the reduction of the cost of compliance and raise self faith in the numbers through reducing the ply risks
  • Rerform strategic evaluation — spend much less time on processing and more time on cost-introduced analysis
  • bring a single truth — deliver a single edition of the truth to abet fiscal administration and statutory reporting
  • easily combine — integrate not only with different Hyperion products but moreover together with your present infrastructure
  • integrate with MS office — use sensible View, to view, import, manipulate, divide and share information in Microsoft Excel, word and PowerPoint
  • details:

    Contact : (733)-759–7766, (703)-677–5091

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    SAN FRANCISCO, CA--(Marketwire -10/05/11)- ORACLE OPENWORLD -- Oracle (NASDAQ: ORCL - news)

    information facts

  • To assist ease the combination and alignment of sustainability reporting with monetary reporting, Oracle today brought the Sustainability Reporting Starter tackle for Oracle Hyperion fiscal management.
  • The prebuilt software allows for a repeatable, accurate and auditable approach for consolidating the environmental, sociable and economic metrics imperative for corporate sustainability reporting.
  • The utility comprises content material from the international Reporting Initiative's (GRI) Sustainability Reporting instructions. The content is confirmed by using GRI, a network-primarily based corporation that produces a finished sustainability reporting framework this is Popular All over the world.
  • The starter kit is accessible freed from can suffuse to purchasers and partners to jumpstart sustainability reporting initiatives the usage of Oracle Hyperion fiscal administration.
  • Prebuilt Sustainability Reporting application Speeds Time to charge while changing guide, Error-inclined Spreadsheets and email

  • Sustainability reporting is necessary in many international locations, and is performed by way of companies globally on a willing basis. Over 2,000 groups hold registered their sustainability reports with GRI.
  • by leveraging the powerful consolidation and reporting capabilities of Oracle Hyperion fiscal administration, corporations can align their company sustainability reporting manner with the economic reporting process as antagonistic to pile a separate, advert-hoc manner.
  • The Sustainability Reporting Starter tackle for Oracle Hyperion economic management includes a prepackaged chart of accounts in line with GRI's G3.1 Sustainability Reporting guidelines, prebuilt job lists and internet data entry kinds, prebuilt conversion rules and calculations, and reviews customizable to fulfill company wants.
  • businesses can combine statistics without laggard from a variety of financial, human materials (HR), amenities and different applications the usage of Oracle facts Integrator or Oracle Hyperion monetary data fine management, or clients can enter statistics directly into the sustainability reporting application.
  • in keeping with energy and GHG conversion elements entered for every power source, the prebuilt conversion calculation suggestions permit consumption information to exist entered in any endemic measure for conversion to some other reporting measure (i.e. kilowatt hours transformed to gigajoules).
  • Taking capabilities of the target atmosphere and scenario capabilities of Oracle Hyperion monetary administration, corporations can enter corporate sustainability objectives and measure genuine consequences against them similar to energy reduction, GHG emissions or HR desires.
  • The audit path, system management and protection features of Oracle Hyperion monetary administration moreover present clients the self-confidence and accuracy in reporting to interior management as well as external auditors.
  • advantages of the starter tackle span:
  • greater effective consolidation of company sustainability reporting records (financial, environmental and social);
  • Enabling Oracle Hyperion economic management customers to remove potential of current IT investments and to apply the utility to a brand novel set of reporting necessities;
  • improving communication and family members with key stakeholders corresponding to customers, employees, partners and suppliers;
  • improving company photograph via multiplied sustainability reporting transparency; and,
  • Regulatory compliance with sustainability reporting in nations together with Finland, France, the Netherlands, Spain and Sweden.
  • assisting prices

  • "Sustainability Reporting is fitting increasingly essential to finance executives as stakeholders require better disclosures involving environmental and sociable affects of the groups they achieve company with," referred to John O'Rourke, vice president of Product advertising, Oracle commercial enterprise performance administration. "The Sustainability Reporting Starter tackle for Hyperion fiscal administration will permit them to align their sustainability reporting procedures with their monetary reporting tactics whereas accelerating their sustainability reporting projects and providing them with a repeatable, accurate and auditable approach."
  • "This starter kit enhances the transactional capabilities for sustainability accounting supplied by Oracle Environmental Accounting and Reporting," observed Jon Chorley, Chief Sustainability Officer, Oracle. "It brings to environmental accounting, the same consolidation and reporting capabilities as Oracle Hyperion economic management provides to fiscal reporting."
  • "Many businesses who operate GRI-based sustainability reporting are challenged via guide, spreadsheet-based techniques that are sometimes error-inclined," referred to Michel Schoolenaar, Senior consultant Oracle EPM, Centre Consulting. "The Sustainability Reporting starter tackle for Oracle Hyperion monetary management will allow us to accelerate sustainability reporting efforts for their consumers, integrate this more closely with fiscal reporting, and verify accuracy for stakeholders."
  • "Sustainability reporting wants equivalent rigorous processes as monetary reporting. This includes clear reporting instructions and definitions, decent manage mechanisms, audit trails, and manage over alterations in reported statistics," talked about George Turk, neighborhood vice president of Reporting at Telenor group. "through relocating the sustainability reporting out of spreadsheets into Hyperion fiscal administration, the content homeowners are able to expend their time performing analysis, in Place of dealing with high-quality ply concerns invariably linked to pilot reporting."
  • helping supplies

    concerning the world Reporting InitiativeThe world Reporting Initiative (GRI) drives sustainability reporting by means of All businesses. GRI produces a comprehensive Sustainability Reporting Framework that is known All over the world, to allow enhanced organizational transparency. The Framework, including the Reporting guidelines, units out the concepts and indicators corporations can employ to document their financial, environmental, and sociable performance. GRI is dedicated to continually enhancing and extending using the instructions, which might exist freely attainable to the public.

    About Oracle OpenWorldOracle OpenWorld San Francisco, the assistance expertise adventure dedicated to helping businesses optimize current programs and remove into account upcoming know-how breakthroughs, draws more than 45,000 attendees from 117 nations. Oracle OpenWorld 2011 presents greater than 2000 educational classes, 400 product demos, exhibitions from 475 companions showcasing purposes, middleware, database, server and storage systems, industries, administration and infrastructure -- All engineered for innovation. Oracle OpenWorld 2011 is being held October 2-6 on the Moscone middle in San Francisco. For extra information gladden quest counsel from www.oracle.com/openworld. Watch Oracle OpenWorld live on YouTube for keynotes, classes and extra at www.youtube.com/oracle.

    About OracleOracle (NASDAQ: ORCL - news) is the world's most comprehensive, open, and integrated enterprise application and hardware techniques business. For greater counsel about Oracle, gladden talk over with their internet site at http://www.oracle.com.

    TrademarksOracle and Java are registered emblems of Oracle and/or its associates. different names may well exist emblems of their respective house owners.


    latest free up of Oracle® industry performance management system makes it viable for consumers to Streamline fiscal Reporting and Compliance | killexams.com real Questions and Pass4sure dumps

    latest liberate of Oracle(R) industry efficiency management gadget allows clients to Streamline monetary Reporting and Compliance

    supply: Oracle agency

    Oracle Corporation

    April 20, 2011 08:00 ET

    New elements abet consumers reduce the Time and Complexity of meeting fiscal shut requirements; includes pilot for iXBRL-primarily based Filings

    REDWOOD SHORES, CA--(Marketwire - Apr 20, 2011) - Oracle (NASDAQ: ORCL)

    news information

    New iXBRL advocate Speeds Compliance with novel Regulatory necessities

  • To enable compliance with novel UK fiscal reporting requisites, Oracle Hyperion Disclosure management now contains aid for iXBRL.
  • A replacement for paper-based reporting, iXBRL become adopted by using the HM profits & Customs (HMRC) as the UK general for tax filings genesis in April 2011.
  • With this functionality included inside Oracle Hyperion Disclosure administration, groups can now bow their tax filings in-residence using Microsoft office and different computer productiveness functions, link at once to the EPM and ERP purposes, operate iXBRL tagging, and post their filings to HMRC.
  • This software helps groups deliver time, pains and substances whereas enhancing the accuracy and timeliness of fiscal filings with decreased dependency on outsourced features.
  • PeopleSoft enterprise Integration Simplifies fiscal shut and Reporting procedures

  • Oracle Hyperion economic shut administration is now built-in with Oracle's PeopleSoft industry economic administration. This permits organizations to streamline and easily maneuver their length-conclusion shut actions across ERP and EPM applications.
  • Oracle Hyperion economic shut administration centralizes and helps automate the management of All period-end shut actions, replacing manually maintained checklists with dynamic dashboards that supply clients the means to automatically view and act on assistance.
  • With Oracle Hyperion monetary shut administration, purchasers can orchestrate All of their conclusion-person activities, time table or sprint methods from PeopleSoft Financials as well as different ERP techniques, and track pilot processes from one effortless to employ industry application.
  • aiding fees

  • "As regulatory bodies continue to mandate novel global requirements for fiscal reporting, groups exigency effortless methods to simplify execution, while guaranteeing compliance," pointed out Hari Sankar, vice president of product management, Oracle. "Oracle continues to increase and raise its finished suite of performance management applications to pilot the changing wants of international groups."
  • "New govt-sanctioned mandates, such as iXBRL, add extended complexity to an already problematic monetary proximate procedure," spoke of Noel Gorvett, Director, AMOSCA. "With endemic assist of iXBRL by means of Oracle Hyperion Disclosure administration, they are able to aid their joint customers streamline their monetary proximate approaches and verify compliance with novel rules."
  • supporting substances

    About Oracle Oracle (NASDAQ: ORCL) is the area's most comprehensive, open, and integrated company utility and hardware systems company. For more guidance about Oracle, talk over with their net website at http://www.oracle.com

    TrademarksOracle and Java are registered trademarks of Oracle and/or its affiliates. other names could exist emblems of their respective owners.

    For a stronger journey the usage of this web site, gladden upgrade to a latest web browser.


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    50 of Georgia's Brightest relate juvenile Gamechangers to Tackle Project in Milledgeville | killexams.com real questions and Pass4sure dumps

    This post was contributed by a community member.

    In August, 50 juvenile professionals from across the status will head to Milledgeville to start a novel project as portion of the juvenile Gamechangers program. These juvenile innovators, between the ages of 24-40 years old, hold diverse backgrounds and careers spanning law, healthcare, non-profit, technology, marketing & communications, education, religion and economic development. They will work for five months to gain up with expansive ideas and solutions to abet the Milledgeville-Baldwin County community unravel some of its most persistent challenges.

    The opening session for the juvenile Gamechangers project will kick off on Thursday, August 10 at 10 am at Georgia Military College Legislative Chambers of the feeble Capitol Building, 201 East Greene Street, Milledgeville, GA 31601. Media are welcome from 10 am to 11:30 am.

    "We are excited about starting their sixth juvenile Gamechangers project," states Kris Vaughn, Executive Director of GeorgiaForward. "As communities inaugurate implementing the juvenile Gamechangers' ideas and reaping the benefits, they know they are on the perquisite track to abet execute Georgia stronger and more prosperous, and grow a talent pipeline of the next generation of leaders."

    Here is an introduction to a few of the juvenile Gamechangers in the topple 2017 Class:

    Ian M. McMullen is an attorney at Waddell & Associates, LLC in Milledgeville where he practices in the areas of real estate, probate, and local government law. He graduated from Baldwin elevated School in 2003, Georgia College & status University in 2006, and the Walter F. Georgia School of Law in 2009, where he was a member of the Mercer Law Review and Journal of Southern Legal History. McMullen practiced law in Macon for five years before returning to Milledgeville in 2015. He is vigorous in the community as the Worship Committee Chairman for First United Methodist Church, Secretary for the Milledgeville Jaycees, Senior Steward of ellemosynary Lodge #3 F&AM, Trustee of Lockerly Arboretum and board member of the feeble Capital Museum Society. McMullen lives with his wife, Ruth, and sons Jack and George in Milledgeville.

    "Milledgeville hasn't had an outside group fancy this gain in and give a perspective on what they could achieve to execute their community better," states McMullen. "I'm interested to hear novel approaches and ideas."

    "I leer forward to sharing my history and abysmal scholarship of the area," he continues. "My family has been here well before the Civil War since the 1820s. I went to college here, then moved away, but came back home to raise my family. I want the locality to exist thriving with expedient jobs and opportunities so my two sons will grow up and want to remain here, too."

    Karen Judd has worked in the communications and media relations industry for 13 years. She is a communications specialist for AECOM, a global civil engineering firm, and serves as a PR consultant to AECOM's program management and transportation sector clients. She is currently leading All aspects of communications for the Georgia Department of Transportation's implementation of the Transportation Investment Act program, a $1.8 billion multi-region initiative. Judd completed her undergraduate studies at the University of South Florida, and holds a M.A. in Global Communications from the University of Florida. In her free time, she volunteers with GeorgiaFIRST Robotics. Judd resides in Atlanta, with her husband, Will, and rescue dog, Dresden.

    "When you arbitrator of Georgia cities in terms of economics, Milledgeville might exist overlooked," says Judd. "I believe the adage that a rising tide raises All boats. If each city achieves its potential, it benefits us all. I saw first-hand how a city can find its niche and prosper when I grew up in a poverty-stricken county in Florida that transformed into The Villages, one of the nation's largest retirement communities."

    "One intuition I wanted to relate the juvenile Gamechangers is that unbridled creativity is encouraged," Judd adds. "We're asked to arbitrator big. I'm excited to note what they throw at us and what they can do!"

    Tray T.S. Deadwyler, CVM, CLC is leading generations through the civic rendezvous continuum as the Director of sociable Innovation at arbitrator For Good. Affectionately nicknamed Service Nerd by his teammates and colleagues, Deadwyler is a sought after civic rendezvous trainer, facilitator, and design consultant. He is a recurring speaker at the Conference on Volunteerism and Service hosted by Points of Light and The Corporation for National and Community Service status and National Symposiums. Over his 15 years of experience, he has worked with American Red Cross, Atlanta Police Department, Morehouse College, Points of Light Foundation, San Francisco Food Bank, Spelman College and the AmeriCorps*NCCC. Deadwyler lives in Austell.

    "I'm interested in this project because they will employ the collective brain," states Deadwyler. "People from different backgrounds, biases, and viewpoints will gain together to focus on helping others. It will connect us to what Dr. King called the Beloved Community."

    "We exigency to counter the empathetic deficit in their communities, and they can achieve that through deliberate action," Deadwyler adds. "People are stopped by their scare of the unknown. It takes courage to gain out to others and it's risky. But the risk is worth the reach. By pile connection, communities thrive."

    In December 2016, Mary Kathryn Griffin became Director of the Claxton-Evans County Economic development Authority. She is involved in numerous community endeavors including the Georgia Initiative for Community Housing, Downtown development Authority, Shop Local Initiative, Evans County Board of Education C.A.F.E., and the Historical Society. She is currently enrolled in the Georgia Academy for Economic Development. Griffin is a 2016 graduate of Georgia College & status University in Milledgeville, earning a Bachelor of Arts in Mass Communication. While in Milledgeville, she was an intern at the Georgia Department of Economic development in the communications department. After graduation, she moved back to her hometown of Claxton, where she currently resides.

    "I attended GC & SU so working on a project in Milledgeville will exist a august break for me to give back to a community that helped me immensely during my formative years," states Griffin.

    "Now as a professional with suffer in economic development, I bring a fresh perspective," Griffin continues. "I'm particularly interested in the economic growth potential of Baldwin County."

    Kyria Williams has worked for status and local government for over 10 years. She is currently the second to the Human Resources Director for Spalding County. Prior to affecting to Georgia, she worked for the Pennsylvania Public Utility Commission. She has a Bachelor's of Sociology and a Master's of Public Administration from Penn status University, and has earned graduate certificates in both Public fiscal Management and Human Resources. She is a recent graduate of the Leadership Griffin+Spalding program. She has volunteered at her local library teaching children to play chess, and served on the 2016 United way Allocations Committee for her community. She lives in Griffin.

    "I've only lived in Georgia for three years, so this will exist a august way to note more of the state," says Williams. "I leer forward to meeting novel people and learning from them, contributing my time and skills to another community, and bringing ideas back home to share."

    Sponsors for the 2017 topple juvenile Gamechangers program include: Commerce Club Foundation, Central Atlanta Progress/Atlanta Downtown Improvement District, Community Foundation of Central Georgia, Baldwin County, City of Milledgeville, Milledgeville Baldwin Chamber, The development Authority of the City of Milledgeville and Baldwin County, Magnolia status Bank, Century Bank and Trust, Exchange Bank, Union Recorder, Leslie Outdoor Advertising, Georgia Trend, Williams & Associates, Georgia CEO, Milledgeville Main Street, Milledgeville Rotary, Central status Hospital Local Redevelopment Authority, Georgia College, Central Georgia Technical College, Milledgeville CVB, Georgia Military College, Simply Southern Barn, Coca Cola, Tri County EMC, LaQuinta Inns and Suites and M&R Marketing Group.

    GeorgiaForward is a non-profit, non-partisan organization working to improve the status of Georgia by engaging business, political, academic and civil leaders to collaboratively shape a statewide policy agenda. For more information about the juvenile Gamechangers program and a complete list of the 2017 topple class, visit their web site: http://www.georgiaforward.org.

    MEDIA Contact: Karen Hatchett - karen@hatchettpr.com

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    Avnet (AVT) Q3 2018 Results - Earnings call Transcript | killexams.com real questions and Pass4sure dumps

    No result found, try novel keyword!Avnet, Inc. (NASDAQ:AVT) Q3 2018 Earnings call April 26, 2018 ... non-GAAP fiscal information section of their earnings press release available on their website at www.ir.avnet.com. Before they accept start...

    Scottish Re Group Limited Announces a Sale and Restructuring device and the Commencement of Chapter 11 Proceedings by inevitable of its Subsidiaries | killexams.com real questions and Pass4sure dumps

    HAMILTON, Bermuda--(BUSINESS WIRE)--

    Scottish Re Group Limited (“Scottish Re”) announced today that it has commenced implementation of a sale and restructuring device for its Cayman Islands subsidiary, Scottish Annuity & Life Insurance Company (Cayman) Ltd. (“SALIC”), and SALIC’s U.S. subsidiary, Scottish Holdings, Inc. (“SHI”), on January 28, 2018.

    The sale and restructuring device is being implemented through the commencement by SALIC and SHI of U.S. Chapter 11 proceedings in the United States Bankruptcy Court of Delaware on January 28, 2018 (the “SALIC/SHI Chapter 11”).

    In connection with the SALIC/SHI Chapter 11, Scottish Re announced that a stock purchase agreement (the “SPA”) has been executed between SALIC and SHI, on the one hand, and an investment fund advised by Hudson Structured Capital Management Ltd. (“Hudson Structured” or the “Buyer”), on the other. Upon closing of the SPA, Hudson Structured will own 100% of the stock of the reorganized SALIC. Hudson Structured executed inevitable documents associated with the SALIC/SHI Chapter 11 in order to act as device sponsor of the SALIC/SHI Chapter 11.

    The SALIC/SHI Chapter 11 is a censorious step in Scottish Re’s sale and restructuring plan, which in addition to the sale of SALIC and SHI, moreover includes the sale to Hudson Structured of inevitable of SALIC’s subsidiaries, including Scottish Re (U.S.), Inc. (“SRUS”) and Scottish Re (Dublin) dac (“SRD”) (the “Sale and Restructuring”). The restructuring process, which has culminated in the execution of the SPA, was announced in the Scottish Re press release of May 23, 2017, at the time Scottish Re commenced willing provisional winding up proceedings in Bermuda with ancillary proceedings in the Cayman Islands.

    Certain Scottish Re subsidiaries, such as SRUS, SRD, and Scottish Re Life (Bermuda) Limited (“SRLB” and together with SRUS and SRD, the “Non-Debtors”), are not debtors in the SALIC/SHI Chapter 11 and as such, contracts and relationships between the Non-Debtors and their reinsurance and other counterparties, vendors, and employees are largely unaffected by the SALIC/SHI Chapter 11 filing.

    SALIC faces acute liquidity issues in the first quarter of 2018 as a result of the historically adverse performance of Scottish Re’s legacy reserve of yearly renewable term (“YRT”) reinsurance business, and the growing strain created by the upcoming payments due on 20 quarters of accrued and deferred interest on dependence preferred securities guaranteed by SALIC.

    Two of SALIC’s wholly-owned subsidiaries, SHI and Scottish fiscal (Luxembourg) S.á.r.l. (“SFL”), entered into a series of capital markets transactions from 2002 to 2004 in which those entities sold bonds to various trusts. Those trusts in swirl issued dependence preferred securities to the market (the “TRUPS”). SALIC guaranteed the payment and other obligations of SHI and SFL in connection with the TRUPS transactions. Currently, $86 million of aggregate principal amount of TRUPS obligations (net of an additional $43 million of TRUPS owned by SALIC’s parent, Scottish Re) remain outstanding. As permitted under the terms of the TRUPS, SHI and SFL began deferring interest payments on the TRUPS commencing in the first quarter of 2013. Interest may only exist deferred on the TRUPS for a maximum of twenty (20) consecutive quarters, and, as a result, accrued and deferred interest in an amount of approximately $20 million (net of an additional approximately $11 million of deferred interest amounts owing to Scottish Re in respect of the TRUPS held by Scottish Re) must exist paid in the first quarter of 2018. SHI and SFL exigency the resources to execute this payment, and SALIC is unable to pay the TRUPS deferred interest and still meet its other obligations, including reinsurance obligations to third-party ceding companies, as well as to SRUS, in 2018.

    SALIC devised and executed a restructuring device to try and resolve its liquidity issue in a timely style and to maximize value to its stakeholders. Among the steps taken by SALIC were the rendezvous of Keefe, Bruyette & Woods, Inc. a Stifel Company, to identify a buyer, and retention of legal counsel in novel York, Delaware, Bermuda and the Cayman Islands who are very confidential with Scottish Re and insurance restructuring options.

    Story Continues

    With the impending liquidity constraint facing SALIC, the SALIC/SHI Chapter 11 process is designed to:

  • Permit SALIC to continue as a going concern during the reorganization process, and to continue to provide uninterrupted performance of its obligations to its third-party and affiliated reinsurance counterparties and industry partners;
  • Permit the SALIC businesses, post-reorganization and under novel ownership, to continue to actively participate in the U.S. life reinsurance and annuity industries;
  • Provide SALIC and (as a result of SRGL’s ownership of inevitable of the SHI/SFL TRUPS) SRGL, with the break to maximize value for their stakeholders;
  • Permit SALIC to address legacy liabilities in a manner that is unbiased to creditors; and
  • Preserve the existing jobs of the employees of SALIC and its subsidiaries.
  • The Board of Directors of Scottish Re voted on January 24, 2018 to accredit and direct SALIC to file the SALIC/SHI Chapter 11 and generally to implement the Sale and Restructuring. In addition, following the Bermuda Court appointment in May 2017 of John McKenna of Finance & Risk Services Ltd., of Bermuda and Eleanor Fisher of Kalo (Cayman) Limited of the Cayman Islands as Joint Provisional Liquidators of Scottish Re (the “JPLs”), the JPLs hold worked with Scottish Re to effectuate the Sale and Restructuring.

    The SPA is topic to inevitable closing conditions related to the SALIC/SHI Chapter 11, as well as the receipt by Hudson Structured of regulatory approvals necessary to effectuate a change of control of SALIC, SRUS, SRD and SRLB. In addition, it is anticipated that the bankruptcy court will conduct an auction process to solicit alternative transactions that meet criteria to exist established by the court. In the absence of an unmatched superior bid during the auction, Hudson Structured should exist confirmed as the winning bidder and is expected to proximate the Sale and Restructuring. Scottish Re is hopeful that the Sale and Restructuring will exist approved by the third quarter of 2018, including receiving the aforementioned regulatory approvals, as well as having the SALIC/SHI restructuring device confirmed by the US Bankruptcy Court.

    In conjunction with today’s announcement, SALIC will file a number of first day motions that are intended to allow it to operate in the ordinary course of industry during the restructuring process. It is anticipated that SFL will in the near future petition the Luxembourg District Court for liquidation under Luxembourg’s Commercial Code.

    About Scottish Re:

    Scottish Re is a global life reinsurance specialist with operating businesses in the United States of America, Ireland, Bermuda, and the Cayman Islands. Its primary subsidiaries include Scottish Re (U.S.), Inc., Scottish Re (Dublin) dac, and Scottish Annuity & Life Insurance Company (Cayman) Ltd. Additional information about Scottish Re can exist obtained from its web site at www.scottishre.com.

    About Hudson Structured Capital Management Ltd.:

    Hudson Structured Capital Management Ltd., founded in 2015, invests in reinsurance and insurance-linked assets across All lines of businesses through an array of innovative structures that allow risk transference, including from the life and property/casualty sectors, to the capital markets. Its focus is on core economic sectors that are likely to outgrow global GDP, offer low correlations with broader markets and are experiencing a shift from balance sheet to market financing.

    www.hscm.com

    Forward Looking Information

    This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are, or may exist deemed to be, forward-looking statements. Forward-looking statements include, without limitation, any statement that may project, witness or imply future results, events, performance or achievements, and may hold or exist identified by the words “believe”, “expect”, “expected to be”, “anticipate”, “plan”, “intend”, foresee”, “forecast”, “continue”, “can”, “will”, “will continue”, “may”, “should”, “would”, “could” or other similar expressions that are intended to identify forward-looking statements. In addition, any statement concerning future fiscal performance, ongoing industry strategies or prospects are moreover forward-looking statements as so defined. Statements in this press release that hold forward-looking statements may include, but are not limited to, statements regarding future operations and performance of Scottish Re’s operating subsidiaries, future liquidity and capital resources, results of the restructuring process and future fiscal positions, competitive position and growth opportunities.

    These forward-looking statements are based on their current expectations and beliefs concerning future developments and their potential result on us. While management believes that these forward-looking statements are reasonable as and when made, there can exist no assurance that future developments affecting us will exist those that they anticipate. All comments concerning their expectations for future fiscal position are based on their forecasts for their existing operations. Their forward-looking statements involve significant risks and uncertainties (many of which are beyond their control) and assumptions that could antecedent actual results to disagree materially from their historical suffer and their present expectations or projections. These significant risks and uncertainties include, but are not limited to, the sale and restructuring plan, such as: the capacity of SALIC to obtain approval with respect to motions filed in the SALIC/SHI Chapter 11 , the Court’s rulings in the SALIC/SHI Chapter 11 and the outcome of the SALIC/SHI Chapter 11 in general; the length of time SALIC will operate under Chapter 11; risks associated with third-party motions in the SALIC/SHI Chapter 11, which may tamper with the Company’s capacity to develop and consummate the restructuring plan; the effects of disruption from the restructuring making it more difficult to maintain business, financing, and operational relationships, to retain key executives and employees and to maintain various licenses and approvals necessary for SALIC to conduct its business; increased legal and advisor costs related to the SALIC/SHI Chapter 11 and other litigation and the inherent risks involved in a bankruptcy process; and the capacity for SALIC to continue as a going concern. Given these risks and uncertainties, investors should not Place undue reliance on forward-looking statements. These forward-looking statements should not exist regarded as representations that are projected or anticipated outcomes can or will exist achieved. These forward-looking statements speak only as of the date hereof. They expressly disclaim any obligation or undertaking to publicly update or revise any forward-looking statements after the date they are made, whether as a result of novel information, future events or otherwise.

    View source version on businesswire.com: http://www.businesswire.com/news/home/20180128005081/en/



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