Latest news with #RFPs
Yahoo
3 days ago
- Business
- Yahoo
SONAR Unveils Redesigned Supply Chain Intelligence Platform with New Risk and Efficiency Quadrant
A completely redesigned experience for SONAR's Supply Chain Intelligence (SCI) has been launched allowing SCI to deliver faster insights, deeper market intelligence, and more actionable guidance for shippers managing their RFPs. The updated platform merges the previous Opportunity View and List View into a single, powerful page called Lane View. This consolidation allows users to drill into lane-level insights efficiently, see market performance across both Intermodal and Truckload, and access pricing benchmarks, guidance, and scoring within one streamlined interface. Embedded in the new Lane View is a quadrant-based guidance system for risk and efficiency. This feature helps prioritize RFP strategy by categorizing lanes into four zones: High Risk Zone: Lanes that are difficult to cover and where you are over market. Carrier Dependent Zone: Lanes that are difficult to cover and where you are under market. Savings Opportunity: Lanes that are easy to cover where you are over market. Efficiency Zone: Top-performing lanes where you are under market and lanes are easy to cover. These zones highlight where to focus time, renegotiate, or reallocate volume. Additionally, the update introduces enhanced Summary and Network Views for sharper high-level visibility. Users can better understand where they are overpaying or underpaying across their network with clearer visuals and aggregated scoring. New market-level maps and improved filters help spot areas of concern or opportunity and enable faster diagnostics. The new SCI helps unlock greater RFP savings and lane performance with smarter, visual prioritization, allowing users to reduce risk, boost service, and easily spot network inefficiencies. To explore the redesigned experience, log in to SONAR and navigate to the SCI module. For a personalized walkthrough, contact your account manager or cs@ To learn more about SONAR, visit and request a demo. The post SONAR Unveils Redesigned Supply Chain Intelligence Platform with New Risk and Efficiency Quadrant appeared first on FreightWaves. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Upturn
11-07-2025
- Business
- Business Upturn
Acuity Knowledge Partners Launches RFP Pulse to Help Asset Managers Win New Mandates
Acuity Knowledge Partners' RFP Pulse, a managed digital solution is designed to transform how asset and wealth managers respond to RFPs (Requests for Proposals) and DDQs (Due Diligence Questionnaires). Already live with multiple clients, RFP Pulse is delivering measurable results, including 25-30% efficiency gains, reduced manual effort, and improved response quality. Business Wire India Acuity Knowledge Partners' RFP Pulse, a managed digital solution is designed to transform how asset and wealth managers respond to RFPs (Requests for Proposals) and DDQs (Due Diligence Questionnaires). Already live with multiple clients, RFP Pulse is delivering measurable results, including 25-30% efficiency gains, reduced manual effort, and improved response quality. Built specifically for financial services workflows, RFP Pulse combines generative AI, semantic search, and a structured content repository with Acuity's deep domain expertise and service layer. This format-agnostic solution automates and accelerates document ingestion, content retrieval, draft generation, and formatting across Word, Excel, and digital DDQ tools – dramatically reducing time and effort for client teams. 'We are extremely pleased with the developments achieved through RFP Pulse, an innovative tool that integrates Generative AI with human expertise to enhance productivity and collaboration,' said Sailaja Devireddy, Global Head of Financial Marketing Services at Acuity Knowledge Partners. 'We have drawn on Acuity's extensive experience supporting over 70 financial institutions and 250+ RFP specialists, whose insights have been crucial in developing the transformative capabilities offered by RFP Pulse.' 'RFP Pulse is the result of our strong delivery capabilities and domain expertise in asset management,' said Chanakya Dissanayake, Head of Delivery Strategic Initiatives (Asset Management) at Acuity Knowledge Partners. 'By automating every stage of the RFP and DDQ process, we're helping firms enhance productivity and maintain top-tier quality.' RFP Pulse has already demonstrated significant impact in live client deployments, including a 70% reduction in time to retrieve responses and over 80-85% accuracy in initial drafts. Clients are experiencing measurable efficiency gains and bandwidth savings, making it a trusted solution for top-tier global asset managers. 'With RFP Pulse, we're redefining what efficiency and quality look like for asset and wealth managers,' said Jon O'Donnell, Chief Operating Officer of Acuity Knowledge Partners. 'It's a key step forward in our mission to deliver scalable, intelligent solutions that help financial services firms work smarter and stay ahead of the curve.' To learn more about RFP Pulse, visit Disclaimer: The above press release comes to you under an arrangement with Business Wire India. Business Upturn take no editorial responsibility for the same. Ahmedabad Plane Crash
Mint
09-07-2025
- Business
- Mint
Coforge emulates Cognizant, Infosys in on-site consulting push to fuel growth
Coforge Ltd, formerly NIIT Technologies, is taking a leaf out of Cognizant Technology Solutions Corp and Infosys Ltd's proven business strategy, as the information technology (IT) services company looks to emerge as a larger industry player in the coming years. Coforge, the country's seventh-largest information technology (IT) services company, is now placing business consultants at client locations to mine more business from its largest customers, analysts said. The Noida-based company's decision to place consultants with clients comes at a time when non-essential tech spending has dwindled. 'Companies have to be proactive in shaping opportunities with clients. Coforge distinguishes itself through its solutions team, composed not of traditional delivery personnel but of business experts with consulting backgrounds, often embedded at client locations," said Kotak Institutional Equities analysts Kawaljeet Saluja, Sathishkumar S, and Vamshi Krishna in a note dated 26 June. Also read | Coforge's turnaround story is one for the books. But what now? 'These teams conduct iterative workshops to deeply understand the client's business challenges, existing tools, and operational processes before crafting tailored solutions. This approach enables Coforge to drive proactive large deals rather than waiting for RFPs (request for proposals)," said the Kotak analysts from their discussions with Coforge's management. However, this is not new. IT outsourcers have previously hired top business consultants to identify new work in their clients' businesses that could lead to incremental revenue. Both Cognizant and Infosys had embarked on a similar practice about two decades ago when they started their consulting practice. At one point, Cognizant was among the biggest recruiters from business schools. According to a July 2014 report by the Economic Times, the Nasdaq-listed company had one MBA graduate for every 20-25 tech professionals. It hired over 500 MBA graduates in 2014 across business schools in India, North America, Europe and APAC and over 200 such professionals in the preceding three years. Peer Infosys had also embarked on a similar venture when it launched its own consulting business. 'We have taken a somewhat unconventional approach to build our consulting capabilities. Having witnessed numerous failed mergers and acquisitions in the industry, we are instead assembling a dream team of top consultants from all the major firms," said S Gopalakrishnan, who was then the chairperson of Infosys Consulting, in a press release dated 8 April 2004. Also read | Coforge secures $1.56 billion contract from US-based travel tech firm Sabre Both Cognizant and Infosys hired business consultants, because both worked with domain experts who helped them win contracts beyond traditional IT servicing. This was also the beginning of the social, mobile, analytics, consulting, and internet of things (SMACI) revolutions when new technologies were emerging. This helped Cognizant more than anyone else. Under former chief executive Francisco D'Souza, the software services company outperformed its peers to clock a revenue of $14.81 billion in 2017 from just about $1.42 billion in 2006. Significant challenge Coforge aims to top $2 billion in revenue by FY27, though its efforts to secure more client business face a significant challenge in competing with the top five IT firms. TCS, Infosys, HCLTech, Wipro, and Tech Mahindra are the country's top five IT firms by revenue. In its response to Mint's queries, Coforge said it had set up its Consulting and Solutioning division nearly eight years back. 'We were also one of the first to invest material dollars in building exceptional industry functional expertise in very select sub-segments, including Speciality Insurance, Capital Markets Buy-side and Airlines. That group of functional consultants, hired eight years back, has grown materially and continues to have a significant percentage located onsite," said Coforge in a response to Mint's email on 5 July. Also read | Coforge's $1.56 bn Sabre deal win sparks fresh optimism in a shaky IT sector According to the company, the Consulting and Solutioning team includes members with business backgrounds in North America and Europe. However, hiring and deploying these professionals has not been easy as these are MBA graduates and business consultants who come with hefty paycheques. The company's profitability has been under pressure and has been declining since FY22 to 13% at the end of last fiscal. A second analyst said that an integrated consulting practice was handy in improving the IT outsourcer's relations with the client. 'An integrated consulting practice helps IT companies in three key ways—graduate from a vendor to a trusted partner, advising the client on their growth journey every step of the way; shape deals rather than merely participate in RFPs (request for proposals), and in many cases, sole-source these deals by getting ahead of the curve," said Ramkumar Ramamoorthy, partner at Catalincs, a tech advisory firm. He said that the consulting practice helps IT outsourcers nurture the long-term strategies of the client, which indirectly helps grow relationships from 'tens-of-million-dollars to hundreds-of-million dollars." Aided by acquisition Coforge ended FY25 with $1.47 billion in revenue, up 31.2% on a yearly basis. Much of it was on the back of Cigniti, the Hyderabad-based engineering services company that it bought last May, in its biggest acquisition. The company's move to mine clients comes as two of its peers are actively hunting deals through such efforts, according to a Mint report on 11 June. Cognizant's Americas president, Surya Gummadi, said his company bagged two large deals through its mining efforts, fetching upwards of $500 million in revenue. He added that both deals came after Cognizant passed on artificial intelligence (AI)-led productivity gains to clients, leading to additional investments in IT work. 'Both the mega deals that I spoke about, they were originated by us, they did not come from an RFP," said Gummadi, adding that 'the ideas originated from us." Cognizant ended last year with $19.74 billion in revenue, up 1.98% year-on-year. Also read | Coforge to acquire Cigniti Technologies' 54% stake at ₹1,415 per share Smaller peer Zensar Technologies Ltd's management expressed a similar view, where chief executive Manish Tandon said the pipeline of large deals the company created was better than the pipeline that came from the clients' side. Ramamoorthy said that this was the perfect time to increase consulting investments. 'Consulting capability comes in very handy especially when businesses are buffeted by structural shifts in technology and business. What we are witnessing today is a perfect time to double down on investments in consulting to address challenges arising from rapid technology change, geo-political instability, enhanced tariffs and regulations, and changing customer behaviour," said Ramamoorthy. Also read | Coforge eyes 4x growth in 4 years, as stock crashes 10% in a day
Business Wire
03-07-2025
- Business
- Business Wire
Alter Domus Unveils Newest Whitepaper: Altered States - The Evolution of Tech in Alternatives – How RFPs Reveal the Future of Fund Administration
LONDON & NEW YORK--(BUSINESS WIRE)--Alter Domus, the leading provider of tech-enabled fund administration, private debt, and corporate services for alternative investment managers, today announced the release of its whitepaper, Altered States: The Evolution of Tech in Alternatives – How RFPs Reveal the Future of Fund Administration. The paper marks the second installment in the firms 'Altered States' series and offers a rare data-driven view into how technology expectations in the alternatives space are rapidly evolving. Drawing from nearly 300 Requests for Proposals (RFPs) submitted between 2021 and early 2025, Alter Domus applied a proprietary machine learning framework to analyze how investor and manager priorities are shifting across private equity, private debt, real estate, and infrastructure. 'RFPs are no longer simple checklists of operational requirements but roadmaps to the future. Our research confirms that fund administration has moved from a back-office function to a boardroom-level decision,' said Mark Magro, Global Head of Sales Operations at Alter Domus. The growth of alternative investment managers increasingly depends on their ability to digitize, and the expectations placed on fund administrators to support that scale are rising exponentially. Today's RFPs are no longer just operational checklists – they are strategic declarations that reflect a broader industry shift toward greater complexity, executive efficiency, and long-term adaptability. 'At Alter Domus, we're focused on truly understanding the evolving needs of our clients,' said Jessica Mead, Regional Executive North America at Alter Domus. 'As fund managers grapple with growing complexity and new technologies, we're investing in the tools and expertise that help them stay ahead. This report reflects our commitment to using technology not for its own sake, but to deliver smarter, more responsive fund administration.' Key Insights from the Whitepaper Include: AI and Natural Language Processing (NLP) enter the workflow: Tools like natural language processing are now being used to generate investor letters and convert raw performance data into narrative insights Real-time is the new standard: Private equity firms increasingly demand daily visibility into portfolio company KPIs, while private credit managers require real-time credit scoring and risk exposure data The rise of cyber-resilient infrastructure: 95% of RFPs in 2024 required advanced security protocols, zero-trust architectures, 24/7 threat monitoring, and end-to-end encryption Data democratizing at scale: Managers want more than reports – they want self-service dashboards and non-technical analytics tools that enable smarter and faster decisions at every level To access the full whitepaper, visit here. About Alter Domus Alter Domus is a leading provider of tech-enabled fund administration, private debt, and corporate services for the alternative investment industry with more than 5,500 employees across 39 offices globally. Solely dedicated to alternatives, Alter Domus offers fund administration, corporate services, depositary services, capital administration, transfer pricing, domiciliation, management company services, loan administration, agency services, trade settlement and CLO manager services.
Pink Villa
03-06-2025
- Entertainment
- Pink Villa
Blake Lively DROPS Emotional Distress Claims Against Justin Baldoni Amid Legal Battle; Here's What It Means
Blake Lively is trying to withdraw two key claims in her lawsuit against director Justin Baldoni, one for intentional infliction of emotional distress and another for negligent infliction of emotional distress. The development comes after Baldoni's legal team requested access to Lively's medical and therapy records to defend themselves against the emotional distress allegations. In a court filing on Monday, June 2, Baldoni's attorneys said, 'Instead of complying with the Medical RFPs, Ms. Lively's counsel recently advised us, in writing, that Ms. Lively is withdrawing her [infliction of emotional distress] Claims.' However, they also stated that Lively only agreed to drop the claims without prejudice, meaning she could refile them later, as per Variety. Here's what the withdrawal means Baldoni's lawyers objected to the move, saying it's unfair for Lively to avoid providing medical documentation and still keep the option to revive the claims later. 'Ms. Lively wants to simultaneously: (a) refuse to disclose the information and documents needed to disprove that she suffered any emotional distress and/or that the Wayfarer Parties were the cause; and (b) maintain the right to re-file her IED Claims,' the filing stated. They are now asking the court to either compel Lively to produce her mental health records or dismiss the claims with prejudice so they cannot be brought back. 'Ms. Lively cannot have it both ways,' attorney Kevin Fritz wrote in the filing addressed to Judge Liman in the Southern District of New York. Lively's attorneys, Esra Hudson and Mike Gottlieb, responded by calling Baldoni's filing 'a press stunt.' They said Lively is simply narrowing the focus of her lawsuit due to new legal developments. Lively's legal team said the Baldoni-Wayfarer strategy of filing retaliatory claims had opened them up to broader damages under California law, making some of Lively's original claims unnecessary. They also stated that Lively continues to allege emotional distress as part of other claims, including s*xual harassment and retaliation. Blake Lively originally filed the lawsuit in December, claiming s*xual harassment by Justin Baldoni and producer Jamey Heath during the making of It Ends With Us. She also alleged a smear campaign followed her complaints. Baldoni is suing Lively and her husband, Ryan Reynolds, for USD 400 million, accusing them of defamation and attempted extortion. He's also involved in related lawsuits, including one against his former publicist Stephanie Jones. Baldoni's attorneys maintain that by raising emotional distress claims, Lively has placed her physical and mental condition at issue and waived any doctor-patient privilege. The court is expected to rule on whether Lively must provide her medical records or if the claims can be dismissed permanently.
