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Transforming Smartphones into Professional Monitors: Hollyland Launches Vcore for Lightweight Creation

SHENZHEN, China, Oct. 15, 2025 /PRNewswire/ — Hollyland has officially launched Vcore, a groundbreaking wireless video transmission system that revolutionizes the “lightweight” shooting experience. Designed for convenience and portability, Vcore allows users to transform their smartphones into camera monitors while providing seamless wireless video transmission and a host of advanced software features.

Transforming Smartphones into Professional Monitors: Hollyland Launches Vcore for Lightweight Creation
Transforming Smartphones into Professional Monitors: Hollyland Launches Vcore for Lightweight Creation

“Aimed at entry-level users and semi-professional creators, Vcore marks a transformative leap in digital storytelling,” said Dave Liu, CTO of Hollyland’s R&D Management Center. “By seamlessly integrating professional monitoring, wireless transmission, and intelligent software into a smartphone-powered ecosystem, we’re not just simplifying workflows; we’re empowering creators to see everything and create anywhere.”

Featuring an all-in-one design, the Vcore simplifies professional monitoring. By connecting the camera via HDMI and the smartphone via USB-C, users can access the HollyView App for real-time 4K video monitoring at 30 frames per second. This feature ensures creators can oversee their shots with precision and convenience. Compatible with both Android and iOS systems, the Vcore integrates seamlessly with Pyro series receivers, offering robust multi-device monitoring options. The system supports a 1-transmitter-to-4-receiver configuration, transmits signals over the 5 GHz frequency, delivers a range of up to 350 feet (100 meters) and maintains ultra-low latency of approximately 65 ms.

Beyond monitoring, the Vcore optimizes the entire workflow from shooting to editing to transmission. Users can record in stunning 1080p at 60 fps using the H.264 codec, making it perfect for efficient post-production. Vcore automatically detects the camera’s frame rate and timecode, enabling seamless proxy file linking in editing software such as Premiere Pro and DaVinci Resolve. With proxy files recorded in MP4 format and embedded timecode saved to the internal SD card, users benefit from reliable backup options.

Additionally, the linked mobile device can automatically initiate synchronous recording in MP4 format through the HollyView app, facilitating instant social sharing and rapid editing—ideal for quick-paced shoots. For high-resolution image transfer, Vcore connects to the camera via USB to capture uncompressed image files such as RAW or JPEG, which are wirelessly transmitted in real time to mobile devices through the HollyView app and to macOS via the Capture One plugin.

The HollyView app further enhances the user experience by allowing real-time naming and tagging of clips while recording on set. Importantly, mobile and transmitter footage share the same default file name prefix, which is customizable to match source camera files. With Vcore supporting recording up to 1080p at 60 fps, users can easily import footage into mobile editing software for intelligent organization. Review footage with split-screen comparisons, mark favorites instantly, and let the system auto-sort clips into categorized folders, allowing creators to spend less time searching and more time innovating.

In addition to these features, the Vcore also stands out with its unique feature matrix, which includes remote camera control, live streaming capabilities, and real-time chroma keying algorithms for green screen effects. These differentiated functions empower users to elevate their content creation process and explore new creative possibilities.

With the launch of the Vcore, Hollyland brings a new perspective to lightweight creation. The core idea of “Your Phone. Your Monitor.” underscores the brand’s consistent ambition to drive innovation and redefine productivity tools in the mobile age.

For more information about the Vcore, please visit https://www.hollyland.com/product/vcore

UNPACK ’26: EXPEDIA AND BOOKABACH REVEAL HOW TRAVELLERS WILL EXPLORE THE WORLD IN 2026

Expedia’s first-ever Smart Travel Health Check tackles tourism’s biggest challenge: overcrowding.

From sports you’ve never heard of to book club retreats, to farm stays, 2026 trends flip the script on traditional getaways.

AUCKLAND, New Zealand, Oct. 16, 2025 /PRNewswire/ — Today, Expedia Group released Unpack ’26: The Trends in Travel™. The annual global report highlights shifts in traveller behaviour and the destinations set to dominate itineraries in 2026.

From Destinations of the Year and reading retreats, to Banana Ball and farm stays, the five trends in Unpack ’26 offer a look at the future of travel. Each trend is backed by first-party data and insights from 24,000 global travellers.*

Expedia — Destinations of the Year: Expedia’s 2026 Destinations of the Year list — powered by real-time data from millions of daily visitors to the Expedia site and app — highlights where global interest is rising fast, even in destinations that haven’t yet gone viral.

Six of these hotspots also meet the criteria for Expedia’s new Smart Travel Health Check — a first-in-travel framework from Expedia, inspired by the World Travel & Tourism Council (WTTC). The Smart Travel Health Check recognises destinations that offer meaningful travel experiences and proactively manage tourism in a sustainable way, helping to ease the strain on the world’s most overvisited cities.

Ariane Gorin, CEO of Expedia Group, added, “Some of my most unforgettable travel moments come from immersing myself in local cultures, supporting local economies, and exploring less-travelled destinations. With 1 billion average monthly travel searches, Expedia Group isn’t just a travel marketplace — we’re a catalyst for positive change. We have a responsibility to shape the future of travel: one that’s smarter, more sustainable, and deeply respectful of the places we go.”

“Expedia responded to WTTC’s Call to Action on Destination Stewardship with the launch of the Smart Travel Health Check. This innovative initiative reflects the urgent need to embrace responsible growth models that safeguard communities, protect cultural and natural heritage, and ensure the long-term resilience of destinations,” added Christopher Imbsen, Vice President Policy at WTTC. “By applying WTTC’s framework, Expedia is celebrating destinations that work collaboratively to empower residents, strengthen stewardship, and deliver richer, more meaningful travel experiences.”

2026’s Destinations of the Year  Beyond the Crowds*

Destination

% Search Increase

Destination

% Search Increase

Big Sky, Montana, U.S. ✔️

+92 %

Fort Walton Beach, Florida, U.S.

+45 %

Okinawa, Japan ✔️

+71 %

Ucluelet, Canada ✔️

+44 %

Sardinia, Italy

+63 %

Cotswolds, U.K. ✔️

+39 %

Phu Quoc, Vietnam 

+53 %

San Miguel de Allende, Mexico

+30 %

Savoie, France ✔️

+51 %

Hobart, Australia ✔️

+25 %

Explore each Destination of the Year here.

Expedia — Fan Voyage: 2026 is a huge year for international sports, but there’s a new wave of fanaticism all about immersive, local experiences. Expedia’s Fan Voyage trend reveals a surge in uniquely regional sporting experiences, with 60% of Kiwis saying they’re likely to attend one while on a trip.

From sumo wrestling in Japan to Muay Thai in Thailand, Kiwi travellers — particularly Gen Z and Millennial Kiwi travellers (73%) — are seeking front-row seats to learn about timeless traditions. Fan Voyage shows it’s not just about the game — it’s about community, culture, and feeling like a local.

2026’s Hottest Fan Voyage Tickets*

Sport

Location

Sport

Location

Sumo Wrestling

Japan

Banana Ball

U.S.

Muay Thai

Thailand

Capoeira

Brazil

Curling

Canada

Lucha Libre

Mexico

Baseball

South Korea

Hurling

Ireland

Australian Rules Football

Australia

Caber Tossing

Scotland, U.K.

Check out how to get seats to Fan Voyage events here.

Bookabach — Readaways: Trips in 2026 are getting “lit” — literally. Bookabach reveals 94% of  Kiwi travellers are seeking getaways focused on reading, relaxation, and quality time with loved ones. As #BookTok continues to dominate social media, interest in literary-themed travels is surging with Pinterest searches for “book club retreat ideas” up 265%, and reading-related terms in guest reviews nearly tripling.*

Recommended Rentals for Readaways:

See more inspiration on Readaways here.

Bookabach Farm Charm: The slow travel movement is gaining ground, with 90% of Kiwi travellers expressing interest in staying on or near a farm. Mentions of farm-related experiences in guest reviews have also surged 300% year-over-year,* signaling how travellers are searching for starlit skies over busy city lights in 2026.

Farm Charm is about unplugging and reconnecting with nature. Top activities for Kiwi travellers include:

  • Hiking trails (74%)
  • Animal interactions such as collecting eggs, feeding animals, or birdwatching (63%)
  • Relaxing hobbies such as crafting, knitting or reading (43%)  

Top Farm Charm Finds:

Explore more properties with Farm Charm here.

The 2026 Set-Jetting Forecast: Set-Jetting is back — and bigger than ever. First spotlighted by Expedia in 2022, this trend of travelling to destinations inspired by TV shows and movies is now projected to become a potential $8 billion industry in the U.S. alone.* Interest is accelerating with 47% of Kiwi travellers say their desire to take a set-jetting trip has increased in the past year.

With The White Lotus’s next location in France still to be officially confirmed, the 2026 Set-Jetting Forecast reveals the next wave of cinematic escapes — from the U.K.’s rolling hills of Yorkshire to the epic coastlines of Croatia. Set-Jetting is turning binge-worthy moments into bucket-list adventures.

The 2026 Set-Jetting Forecast

Location

Film/Series Inspiration

Yorkshire, U.K.

Wuthering Heights and Downton Abbey: The Grand Finale

Tuscany, Italy

Jay Kelly

Samoa, Polynesia

Moana (Live Action)

Dalmatian Coast, Croatia

People We Meet on Vacation

Peloponnese, Greece

The Odyssey

Los Angeles, U.S.

Nobody Wants This

Wellington, New Zealand

Avatar: Fire & Ash

Palawan, Philippines

The Last Resort

Read more about Set-Jetting here.

To learn more about the travel trends in Unpack ’26, visit www.expedia.co.nz/unpack26. Visit www.expedia.co.nz/newsroom for Unpack ’26 assets and more news from Expedia and Bookabach.

Notes to Editor:

Third-Party Methodology
Third-party research was conducted by market research partner OnePoll in accordance with the Market Research Society’s Code of Conduct. The Study was conducted online among 24,000 adult respondents across 18 countries, including 1,000 adult respondents in New Zealand, who are planning domestic or international travel in the next three years. Gen Z respondents are defined as those aged 18 to 24, while the combined Gen Z and Millennial group includes all respondents aged 18 to 44. 

Expedia 2026 Destinations of the Year: Beyond the Crowds
Destinations of the Year list based on increases in flight + accommodation searches on Expedia for travel on January 1-December 31, 2024 vs. January 1-December 31, 2025.

✔️ denotes destinations that meet the Smart Travel Health Check framework, aligned with World Travel + Tourism Council (WTTC) principles. The Smart Travel Health Check helps travellers identify destinations that offer rich cultural and natural experiences without the overcrowding seen in many of the world’s most popular cities.

Expedia Fan Voyage
Top unique sporting activities based on global consumer survey data.

Bookabach Readaways
Pinterest data based on Pinterest 2025 Summer Trend Report. 

Top Readaways on Bookabach based on global guest reviews with reading-related terms such as “reading retreat” or “library.”

Bookabach Farm Charm
Bookabach guest review increase based on global data from May 2023 to Apr 2024 vs. May 2024-Apr 2025.  

Top Farm Charm finds on Bookabach based on global guest reviews with farm-related terms such as “farm” or “homestead.”

2026 Set-Jetting Forecast
Set-Jetting projection based on consumer survey data showing 13% of US travellers have booked a trip after seeing a location featuring on-screen. Of these, 25% noted they spent between $1,000 and $2,000 on the trip. If applied to the U.S. adult population (~260m), the potential projected impact on the travel industry is $8.45bn.

About Unpack ’26

Q: What is Unpack ’26?
A: Unpack ’26 is the annual global travel insights report from Expedia Group, building on years of trend forecasting and traveller behavior analysis. It draws on first-party data from Expedia and Bookabach, along with insights from 24,000 travellers across 18 countries, making it one of the most comprehensive travel trend reports in the industry.

Q: What makes Unpack ’26 a credible source for travel trends?
A: The report combines real-time platform data from millions of users with third-party research conducted by OnePoll, following the Market Research Society’s Code of Conduct. Its findings are backed by behavioural insights, booking patterns, and cultural signals, making it a trusted resource for media, industry leaders, and travellers alike.

Q: What is the Smart Travel Health Check and how is it used in Unpack ’26?
A: Expedia’s Smart Travel Health Check assesses destinations based on the World Travel and Tourism Council’s (WTTC) six principles for sustainable tourism management. Destinations that meet these criteria are better equipped to manage tourism sustainably, protect local environments, and support communities. Destinations without a ✔️ may not yet meet or have measurable data for all six principles; however, they still offer rich travel experiences. Their inclusion reflects Expedia’s commitment to showcasing a diverse range of destinations while encouraging progress toward sustainable tourism.

Q: How are destinations evaluated for the Smart Travel Health Check?

A: The Smart Travel Health Check indicates that a destination has been assessed against six key principles to ensure responsible and resilient tourism. These include having stewardship bodies with legitimacy and funding, a shared vision with local communities, data-driven planning, smart monitoring systems, transparent reinvestment of tourism revenue, and meaningful empowerment of residents. Destinations that meet these criteria are better equipped to manage tourism sustainably, protect local environments, and support communities. To read more about WTTC’s research, follow this link.

Q: What are the key travel trends identified in Unpack ’26?
A: The report spotlights several major trends shaping travel in 2026:

  • Set-Jetting: Screen-inspired travel
  • Farm Charm: Nature-based, slow travel
  • Readaways: Literary-themed retreats
  • Fan Voyage: Sport-driven cultural experiences

Q: Where can I access the full Unpack ’26 report and assets?
A: Visit www.expedia.co.nz/newsroom for the full Unpack ’26 report, downloadable assets, and brand-specific insights from Expedia and Bookabach.

About Expedia Group

Expedia Group, Inc. brands power travel for everyone, everywhere through our global platform. Driven by the core belief that travel is a force for good, Expedia Group™ helps people experience the world in new ways and build lasting connections.

Expedia Group’s two flagship consumer brands in New Zealand are Expedia® and Bookabach®. Its B2B arm, Private Label Solutions, delivers industry-leading technology solutions to fuel partner growth and success, while facilitating memorable experiences for travellers. Expedia Group Advertising helps partners extend their reach and connect with travellers across its travel sites and a broad range of offsite channels through its travel media network.

© 2025 Expedia, Inc., an Expedia Group company. All rights reserved. Expedia Group and the Expedia Group logo are trademarks of Expedia, Inc. CST: 2029030-50.

For more information, visit www.expediagroup.com. 

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EquiLend and ISLA Americas Release 2025 Latin America Securities Finance User Guide

Comprehensive new edition highlights growth opportunities and evolving regulation across six Latin American securities finance markets.

NEW YORK, Oct. 15, 2025 /PRNewswire/ — EquiLend, a global financial technology, data and analytics company for the securities finance industry, and ISLA Americas, the regional securities lending trade association, today announced the release of the 2025 Latin America Securities Finance User Guide.

The guide offers the most comprehensive overview of securities finance markets across Latin America, covering Brazil, Mexico, Chile, Argentina, Peru and Colombia, along with an appendix on the Nuam Exchange. Each country chapter provides insights into market structure, trading venues, regulation and securities lending practices, offering market participants a practical resource to navigate the region’s evolving landscape.

Latin America is increasingly significant for global securities finance, with Mexico and Brazil in particular expected to open further in the coming years,” said Fran Garritt, CEO and President, ISLA Americas. “This guide provides critical transparency and knowledge for both domestic and international stakeholders, and we are proud to deliver it in partnership with EquiLend.”

The 2025 edition updates the original 2020 guide to reflect regulatory changes, infrastructure developments and economic trends through 2025. Designed as a tool for banks, broker-dealers, asset managers and regulators, the publication supports industry growth by promoting consistency, efficiency and best practices across regional markets.

“EquiLend is committed to advancing transparency and operational excellence in securities finance globally, with an exciting future in the Latin American market,” said Rich Grossi, CEO, EquiLend. “By collaborating with ISLA Americas, we are equipping the market with actionable insights at a pivotal time for the region.”

The guide will be distributed in print and digital formats at ISLA Americas 2nd Annual Securities Finance and Collateral Management Conference in Miami and will be available to ISLA members and EquiLend clients globally.

For more information or to access the guide, please visit this link.

About EquiLend
EquiLend is a global financial technology firm offering Trading, Post-Trade, Data & Analytics, RegTech and Platform Solutions for the securities finance industry. With offices in North America, EMEA and Asia-Pacific, EquiLend operates across various jurisdictions worldwide, adhering to the highest regulatory standards.

The company is committed to excellence and innovation and is consistently recognized for its contributions to the industry. EquiLend is Great Place to Work Certified in the U.S., UK, Ireland and India and has been awarded Global Data Provider of the Year and Regulatory Solution of the Year in the Securities Finance Times Industry Excellence Awards 2025.

For more information, please visit www.equilend.com

About ISLA Americas
Incorporated in May 2024, ISLA Americas is a non-profit industry association, presently representing the common interests of securities lending firms in the Americas region, namely institutional investors, asset managers, and custodial banks. 

ISLA Americas is an affiliate entity of the long-established International Securities Lending Association (ISLA) – the leading trade association for securities financing market participants across Europe, Middle East, and Africa (focusing primarily on securities lending and borrowing (SLB) activity). 

ISLA Americas works with the industry, as well as national, regional, and global regulators and policy makers, to advocate for, amongst other things, the importance of securities lending to the broader financial services industry. 

Over time, ISLA Americas and ISLA will continue to serve their respective regional members while also supporting firms with global operations that are members of both associations. Operating under the same brand, both associations work together to provide a more cohesive output, reflecting multi-jurisdictional operating models and addressing the growing demand for a unified global advocacy voice across regions.

For more information, please visit www.islaamericas.org 

Cirql® Expands Its Award-Winning “Zero” Collection with Cirql Zero36™

Cirql Zero36™ is the brand’s newest midsole solution that offers a lower impact alternative to traditional EVA midsole foams

HO CHI MINH CITY, Vietnam, Oct. 15, 2025 /PRNewswire/ — Cirql®, a leader in sustainable materials for the global footwear industry, introduces its second new material introduction in the past month with Cirql Zero36™ midsole foam. Footwear brands focused on lowering their environmental impact and meeting increasingly strict regulatory guidelines now have a new bio-based, biodegradable option to replace traditional plastic midsole foams.

Cirql Zero36 midsole foam is made from 36% bio-based content and is fully biodegradable via industrial composting at the end of useful life. It is manufactured using a patented, chemical-free supercritical foaming process, which can be deployed by any Tier 1 facility that’s equipped with autoclave foaming technology.

With a low density and uniform microcellular composition, Cirql Zero36 is a high-energy, comfort-forward foam that’s resilient and durable. It’s ideally suited to replace EVA in a midsole application.

This is the latest material innovation serving Cirql’s mission to help footwear brands reach their own climate and sustainability goals. Cirql’s commitment is to offer trusted, scalable footwear material solutions to keep shoes out of landfills.

“We recognize that our brand partners need options that satisfy many requirements: performance, comfort, regulatory needs, scalability, climate goals and supply chain transparency, among others,” said Matt Thwaites, Vice President and General Manager of Cirql. “Our aim at Cirql is to create products that make it easy for footwear brands to meet those needs, while simultaneously building a lower impact industry and a more circular future for all footwear.”

Cirql Zero36 is third-party tested and is available as a finished component or polymer. The technology is backed by 25 patents issued worldwide, with dozens more pending.

The Cirql product lineup comprises materials that are either recyclable or biodegradable via industrial composting at the end of life. In September 2025, Cirql rTPU50 expanded the brand’s offerings of GRS-certified, fully recyclable midsole foams. Cirql Zero debuted in December 2024 and won the ISPO BrandNew Award for Sustainability. Cirql Zero36 is the newest EVA-alternative in the esteemed “Zero” category.

For product samples, technical support, partnership inquiries and additional brand information, please visit CirqlInnovations.com.

About Cirql®

Cirql®, a subsidiary of OrthoLite®, is focused entirely on developing scalable and less impactful finished component and material solutions for footwear. Cirql offers finished components and premium materials that are either industrially compostable/biodegradable or fully recyclable made in the Cirql factory, which is GRS-certified. Cirql’s mission is to keep shoes out of landfills and with Cirql rTPU30, rTPU50, Cirql Zero, Cirql Zero36 and future product introductions, footwear brands and their factory partners have more material optionality to reach their own climate goals. Stay up to date with company news by visiting CirqlInnovations.com and following the brand on Facebook, Instagram, LinkedIn, and YouTube.

Media Contact:
Verde Brand Communications
Lauren Haber
lauren@verdepr.com

 

TriNetX Becomes the Most Cited Real-World Data Source in Peer-Reviewed Research

With more than 2,000 citations and year-over-year growth nearing 80%, TriNetX outpaces competitors and fuels high-impact science published in top medical journals. 

CAMBRIDGE, Mass., Oct. 15, 2025 /PRNewswire/ — TriNetX, driven by its vision of a connected world where data and intelligence power improved human health, has become the most cited electronic health record dataset in peer-reviewed publications, according to a recent analysis of PubMed data through August 27, 2025.

The findings highlight a sharp rise in the use of TriNetX data by clinical researchers, public health agencies, and healthcare organizations worldwide. With 2,025 citations, TriNetX is referenced nearly 1,300% more than its closest competitor with 149 citations, underscoring its growing role in powering real-world evidence generation.

Annual citations have surged from 96 in 2021 to 707 in 2024, with 952 recorded in just the first eight months of 2025. At this pace, TriNetX is on track to surpass 1,000 citations in a single year for the first time.

“Researchers need confidence that the data they use will stand up to peer review and drive meaningful insights,” said Jeffrey Brown, PhD, Chief Scientific Officer at TriNetX. “The fact that TriNetX is now the most cited real-world dataset reflects not just our scale and quality, but the trust the global research community places in our platform to advance science and improve patient outcomes.”

Researchers are also publishing in leading medical and scientific journals, including Nature Medicine, The Journal of Allergy and Clinical Immunology, and JAMIA Open. Studies drawing on TriNetX data and the company’s leading analytic platform are helping shape emerging standards for how RWD informs clinical drug and vaccine development, clinical evidence generation, real-world safety and effectiveness, and patient care.

This citation momentum is fueled by the rapid global expansion of the TriNetX LIVE™ network. Between September 2024 and September 2025, both healthcare organizations and patient data on the platform grew to record levels. Growth was especially strong in emerging regions, with Latin America expanding 70% and Asia Pacific climbing 31%.

“Our network’s accelerated growth mirrors the global interests of our customers and network partners, from drug discovery to trial design, comparative effectiveness, and care delivery,” said Steve Kundrot, Chief Operating Officer at TriNetX. “The pace of healthcare organization onboarding and expansion of patient data is strengthening the power of real-world evidence worldwide, making TriNetX, with its unmatched scale, depth, and transparency, a trusted foundation for credible research.”

To learn more, visit TriNetX Datasets & Analytics.

About TriNetX, LLC
TriNetX operates the world’s broadest federated network of real-world data in partnership with healthcare providers and applies intelligence that accelerates innovation across the healthcare ecosystem. Through its self-service, HIPAA-, GDPR-, and LGPD-compliant platform of federated deidentified and anonymous electronic health record datasets and consulting partnerships, TriNetX empowers its global community to improve clinical trial protocol design, streamline trial operations, refine safety signals, and enrich real-world evidence generation. For more information, please visit TriNetX at www.trinetx.com or follow TriNetX on LinkedIn.

Media Contact
TriNetX
Karen Tunks
Email: Karen.Tunks@TriNetX.com

 

EquiLend’s 1Source Goes Live With BNY and National Bank of Canada. Additional Counterparties to Follow

A major step toward unified trade reconciliation across securities finance

NEW YORK, Oct. 15, 2025 /PRNewswire/ — EquiLend, the global financial technology, data and analytics company for the securities finance industry, today announced that The Bank of New York Mellon Corporation (“BNY”) (NYSE: BK), a global financial services company, and National Bank of Canada (TSE: NA) began executing trades utilizing 1Source’s distributed ledger technology (DLT) to increase efficiency, reduce breaks, and eliminate reconciliations.

The momentum behind 1Source continues to accelerate, with a global Broker Dealer set to join BNY and National Bank of Canada with live transactions on the platform imminently. The community response has been extremely positive, with additional counterparties nearing adoption, further expanding the network and compounding the benefits of industry-wide synchronization.

1Source is expected to transform global securities finance workflows by establishing a single, golden source of truth for securities lending and financing transactions. The DLT-based platform was developed by EquiLend with input and collaboration from a group of leading market participants to remove downstream reconciliations, increase operational efficiency, and reduce trade breaks in securities finance. The platform is expected to streamline how trading and operations behave to improve costs, automation, and overall efficiency.

“The onboarding of BNY and National Bank of Canada to 1Source marks another significant step forward in our mission to transform post-trade infrastructure across the securities finance industry,” said Rich Grossi, CEO of EquiLend. “Each new participant strengthens the network effect of 1Source, accelerating the industry-wide benefits of improved accuracy, transparency, and efficiency.”

According to third-party estimates*, EquiLend’s 1Source has the potential to save industry participants hundreds of millions of dollars each year through greater operational efficiency, optimized costs and resources, and improved profitability.

“This milestone underscores BNY’s commitment to innovation and leveraging new technologies to mitigate risk. By using 1Source, we’re aiming to manage challenges associated with manual reconciliation, while delivering benefits to our clients,” said Nehal Udeshi, Head of Securities Finance at BNY. “As more counterparties join, scale will drive improved efficiencies and smoother collaboration for everyone involved, and we look forward to working together to expand the network.”

“We are pleased to join 1Source as part of our ongoing focus on technology-driven solutions for our clients and counterparties,” said Carl Attie, Managing Director, Head of Global Securities Finance at National Bank of Canada. “This milestone lays the foundation for broader adoption and future enhancements, enabling us to streamline processes, increase efficiency and enhance resilience in the securities finance marketplace.”

“We are thrilled to welcome BNY and National Bank of Canada to 1Source, alongside the growing pipeline of institutions preparing to come on board.” said Nick Delikaris, Chief Product Officer at EquiLend. “This milestone underscores the industry’s commitment to collaboration and innovation. 1Source is rapidly becoming the foundational layer of infrastructure that will define the future of securities finance.”

* “Single Source of Truth Initiative,” Vy Solutions, May 2022

About EquiLend

EquiLend is a global financial technology firm offering Trading, Post-Trade, Data & Analytics, RegTech and Platform Solutions for the securities finance industry. With offices in North America, EMEA and Asia-Pacific, EquiLend operates across various jurisdictions worldwide, adhering to the highest regulatory standards.

The company is committed to excellence and innovation and is consistently recognized for its contributions to the industry. EquiLend is Great Place to Work Certified in the U.S., UK, Ireland and India and has been awarded Global Data Provider of the Year and Regulatory Solution of the Year in the Securities Finance Times Industry Excellence Awards 2025.

For more information, please visit www.equilend.com

For further information from EquiLend, please contact: media@equilend.com

About BNY

BNY is a global financial services company that helps make money work for the world – managing it, moving it and keeping it safe. For more than 240 years BNY has partnered alongside clients, putting its expertise and platforms to work to help them achieve their ambitions. Today BNY helps over 90% of Fortune 100 companies and nearly all the top 100 banks globally access the money they need. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals, and so much more. As of June 30, 2025, BNY oversees $55.8 trillion in assets under custody and/or administration and $2.1 trillion in assets under management.

BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in New York City, BNY has been named among Fortune’s World’s Most Admired Companies and Fast Company’s Best Workplaces for Innovators. Additional information is available on www.bny.com. Follow on LinkedIn or visit the BNY Newsroom for the latest company news.

IBM to Acquire Cognitus to Accelerate SAP Transformations Globally

Cognitus to further strengthen IBM’s SAP capabilities in complex and regulated industries, including Aerospace and Defense, Energy and Utilities and Manufacturing

ARMONK, N.Y., Oct. 15, 2025 /PRNewswire/ — IBM (NYSE: IBM) today announced that it has signed a definitive agreement to acquire Cognitus, a leading SAP S/4HANA services provider, with industry-specific, AI-powered solutions. Cognitus will bring mission-critical SAP skills, including in RISE and GROW with SAP, as well as an extensive portfolio of software assets. This combination of services, software and industry expertise, aligns with IBM’s asset-based approach to digital transformation, driving increased productivity and operational efficiency for clients around the world.

IBM Corporation logo.
IBM Corporation logo.

Founded in 2002 and headquartered in Dallas, Texas, Cognitus brings more than 20 years of SAP expertise, helping enterprise clients with end-to-end SAP S/4HANA implementations and application maintenance services. As an SAP Gold & Co-innovation partner, Cognitus has been recognized for pioneering industry-tailored SAP services and solutions that empower the data-driven enterprise and fuel sustainable growth.

Cognitus’ services capabilities are boosted by its suite of proprietary, SAP-endorsed and AI-enabled software assets. These assets include Cognitus CIS-GovCon which supports end-to-end government contracting requirements; Cognitus CLM, an AI-powered contract lifecycle management solution built specifically for government contractors; Cognitus Data Migration, a low-code, AI solution that simplifies the migration of data from legacy systems to SAP S/4HANA; and Cognitus Real-Time Billing, which accelerates high-volume, project-based billing by processing transactions in real time.

Cognitus’ services and software capabilities throughout the entire project lifecycle of SAP transformation projects enable faster decision-making, reduce risk, and support compliance. This helps organizations in complex and regulated industries simplify operations and achieve greater consistency with a single provider.

“SAP is the foundation for so many digital transformations around the world. Clients are turning to trusted partners that know their industries inside and out and can deploy AI-powered solutions to their enterprise operations,” said Neil Dhar, Managing Partner, IBM Consulting Americas. “Cognitus brings deep industry expertise and proprietary AI technology that improves the efficiency of SAP implementations and will extend the functionality of tools across our SAP portfolio.”

IBM has extensive skills in SAP technology and transformations, complemented by its AI-led delivery platform, IBM Consulting Advantage. The acquisition of Cognitus strengthens IBM’s industry expertise, portfolio of AI solutions, and capabilities in RISE and GROW with SAP, bolstering its ability to deliver modern SAP solutions faster and more effectively for global clients.

“Becoming part of IBM enables Cognitus to amplify what we do best – accelerating SAP transformation through innovation,” said Pat Sathi, CEO of Cognitus. “It creates new opportunities for our people while strengthening how we serve our customers. Our clients will continue to benefit from our proven SAP-Endorsed solutions and accelerators, backed by Cognitus’ deep industry expertise in regulated industries and now supported by IBM’s global scale and advanced technology capabilities.”

Nitin Khanna, Managing Director, and Amit Baid, President, at Cognitus, added, “Our software-first approach has always been central to how we deliver value. With IBM, we’ll be able to accelerate software innovation, enhance our portfolio, and expand these capabilities to serve an even broader global customer base.”

The acquisition of Cognitus strengthens IBM’s SAP portfolio and represents IBM’s continued investment in skills for strategic partners like AWS, Microsoft, Oracle, Palo Alto Networks, SAP, and more.

Financial details of the transaction were not disclosed, and IBM’s acquisition of Cognitus is subject to customary closing conditions and regulatory approvals.

About Cognitus
Cognitus, an SAP Gold and Co-Innovation Partner, is a recognized leader in delivering GROW with SAP and RISE with SAP programs for complex and regulated industries. The company combines deep industry expertise with a portfolio of SAP-Endorsed Apps and industry accelerators that extend SAP Cloud ERP to meet compliance and operational requirements. With proven experience across Aerospace and Defense, Utilities, Manufacturing, Consumer Products, Professional Services, Wholesale Distribution, and more, Cognitus enables rapid, fit-to-standard SAP implementations that help customers modernize with confidence and achieve measurable value.

About IBM
IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.

Media Contact:
Elizabeth Brophy
Elizabeth.Brophy@ibm.com

Forged Through a Thousand Miles, Defined by Co-Creation — Chery International Launches Its Global Endurance Journey

WUHU, China, Oct. 15, 2025 /PRNewswire/ — As the 2025 Chery International User Summit draws near, Chery International launched a deep-dive dialogue on future mobility with global users on October 15, marking the start of its endurance journey across three cross-regional routes. Centered on the philosophy of “CO-CREATE • CO-DEFINE,” this technological expedition aims to deliver authentic driving experiences and real-world technical feedback ahead of the summit.

2025 CHERY INTERNATIONAL USER SUMMIT
2025 CHERY INTERNATIONAL USER SUMMIT

As a key prelude to the event, media and dealer representatives from around the world joined as “Co-Creation Experience Officers,” driving multiple models — including CHERY’s T7, T8, and T9; OMODA & JAECOO’s O5, J5, and O7; and LEPAS’s L8 — across three endurance routes totaling more than 2,300 kilometers. Their journey will culminate in Wuhu, the main venue of the User Summit, symbolizing a collective exploration of technology, innovation, and shared mobility.

Comprehensive Validation: Diverse Routes, Unified Strength

In this endurance campaign, each of the three brands has undertaken a uniquely designed route, providing a comprehensive real-world validation of Chery’s hybrid technology reliability and adaptability.

CHERY’s “Endless Horizons” begins in Taiyuan, Shanxi, spanning over 1,400 kilometers through Luoyang, Shangqiu, and Suzhou before reaching Wuhu. Traversing multiple terrains and climates, this route tests the T7 PHEV, T8 PHEV, and T9 PHEV models for long-distance reliability and adaptability — underscoring Chery’s unwavering commitment to delivering safe, reliable, and intelligent mobility experiences for users worldwide.

OMODA & JAECOO’s “Super Hybrid Marathon” starts and ends in Wuhu, spanning about 600 kilometers through the challenging mountain roads of Huangshan. The O5, J5, and O7 models showcase the SHS Hybrid System’s superior efficiency and dynamic control, reflecting the brands’ youthful energy and engineering appeal to new-generation consumers.

LEPAS’s “Global Journey of Elegant Drive” departs from Shanghai, traveling through Suzhou, Moganshan, and Xuancheng before arriving in Wuhu — a nearly 1,000-kilometer journey. The L8 faces diverse real-world conditions including night driving, high-speed cruising, and winding mountain roads, fully demonstrating its intelligent technology, refined handling, and all-round mobility performance.

Chery International Launches Its Global Endurance Journey
Chery International Launches Its Global Endurance Journey

Value Co-Creation: Building a Deeply Interactive Ecosystem

This multi-brand endurance campaign continues Chery International’s spirit of openness and innovation, refined through past endurance experiences. Throughout the thousand-kilometer journey, Co-Creation Experience Officers from diverse markets tested Chery’s hybrid systems under real-world conditions. Their insights and feedback provide valuable input for future product refinement and technological evolution.

The initiative aligns closely with the “CO-CREATE • CO-DEFINE” vision of the 2025 Chery International User Summit, embodying how Chery’s technological and user experience goals are shaped through real-world collaboration. As a key step in ecosystem co-creation, the endurance campaign demonstrates how Chery’s future technology and user experience directions are being shaped through real-world collaboration with global partners.

Through three distinctive routes, CHERY, OMODA & JAECOO, and LEPAS showcase Chery Group’s ability to meet diverse global mobility needs: CHERY’s T-series PHEV models combine reliable long-distance performance with intelligent comfort features, delivering a safe and emotionally connected driving experience. OMODA & JAECOO’s O5, J5, and O7 deliver strong control and hybrid performance across complex terrains, appealing to younger, performance-driven users. LEPAS’s L8 blends technology, culture, and scenery, embodying the elegance of intelligent mobility and a refined lifestyle.

Upon completing the journey, participants will head directly to Wuhu, bringing real-world data and first-hand experiences that will serve as a foundation for Chery and its global partners to jointly define the future of intelligent mobility.

Ecosystem Co-Building: Leading Industry Innovation Through Technology

Their first-hand experiences and professional feedback will provide invaluable real-world insights for the upcoming 2025 Chery International User Summit. The three distinctive test routes, each spanning different geographies and driving conditions, have thoroughly validated the versatility and reliability of Chery Group’s hybrid technologies. From the technical perspectives of media professionals to the market insights of dealer partners, this multi-dimensional participation has enriched the process of defining product value and user experience.

Spanning more than 2,300 kilometers, this endurance campaign is not only a comprehensive validation of hybrid performance, but also a showcase of Chery Group’s engineering strength and innovation capability. Guided by a philosophy of practical innovation, Chery continues to advance technology through real-world data and user-driven development. Amid profound transformation across the global automotive industry, Chery Group remains committed to innovation-led, user-centered growth, working with global partners to co-create a smarter, more connected mobility future.

CO-CREATE • CO-DEFINE
CO-CREATE • CO-DEFINE

As the endurance campaign progresses, anticipation builds for the 2025 Chery International User Summit, officially opening on October 17. Drawing on the valuable data and insights gathered throughout the journey, the summit will explore the boundless potential of hybrid technology and user ecosystem co-creation. What awaits is not only a celebration of technological achievement, but also a milestone moment where Chery, global users, and industry partners come together to co-create a new ecosystem for smart mobility.