Category: Technology

Sanctions and other penalties against states, individuals, commercial sectors or individual goods have become a popular instrument of governments’ foreign policy. Particularly since the start of Russia’s war of aggression against Ukraine, the international sanctions regime has become significantly more complex. It has become even more difficult for companies to consistently comply with the constantly changing legal requirements as a result.

Our client, the listed company SHS Viveon AG, explains in a professional article in Procure Swiss magazine why comprehensive sanctions list screenings are of enormous importance as well as how companies can check their new and existing business partners against international sanctions lists as effectively as possible. CEO Ralph Schuler also provides some practical tips on how companies can greatly simplify the compliance process.

Modern digital tools play an important role here – such as a modular platform solution for compliance processes offered by SHS Viveon. Such tools make it possible to fully digitize and automate the once extremely time-consuming process of comparing contacts and organizations with the extensive international sanctions lists.

Procure Swiss Magazine is a Swiss trade magazine focusing on purchasing and logistics. It is published by the professional association for purchasing and supply management. You can find the professional article by Ralph Schuler here.

Since the beginning of 2021, WORDUP PR has been responsible for the entire press relations of SHS Viveon AG in the DACH region and regularly positions the company as an expert in the fields of risk, credit and compliance management via specialist articles in established media.

The enormous importance of data in today’s world cannot be emphasized strongly enough. In order for companies to remain future-ready and competitive, its proper use is of crucial importance. However, companies from the life science industry in particular often find it difficult to make a profit from existing data. This is because when it comes to the abstract topic of digitalization, there is often a lack of vivid examples that show how companies can master the digital transformation in practice.

Our customer and expert in strategy and organizational development can remedy this situation. In an expert article on silicon.de, Santiago Advisors uses an anonymized practical example to explain how companies can build a future-proof data culture and benefit from the opportunities of digitalization.

Santiago’s approach is based on four pillars: In addition to a well thought-out data strategy, the right internal organization is also relevant, which in the best case is supported by a powerful data platform. Last but not least, the mindset of the employees is also crucial. How companies in the chemical and pharmaceutical industry combine these aspects to create a good data culture is explained in detail by our customer in the linked technical article.

SILICON is a leading online source of news, analysis, interviews, commentary and guest articles on ICT and digitization. Santiago Advisors is an international management consultancy specializing in strategy and organizational development, primarily in the pharmaceutical, medical technology, and chemical industries.

Buy Now Pay Later (BNPL) is considered the big trend in e-commerce. Today, almost all online stores already offer this modern form of classic invoice purchasing, in which uncomplicated short-term credits are issued. In the next few years, the sales volume and the number of users are expected to more than quadruple.

Buy now, pay later – what sounds tempting for customers, however, is associated with great risks for the payment providers. In the event of fraud or other payment defaults by buyers, BNPL providers are liable for the damages incurred and are left to bear all the costs.

Ralph Schuler, CEO of our customer SHS Viveon, explains in a technical article in the online magazine silicon.de how BNPL payment service providers protect themselves against such risks. As a provider of a modular platform for the automation of risk, credit and compliance processes, SHS Viveon is well versed in establishing the identity and creditworthiness of buyers and professionally managing the entire BNPL process. Thanks to artificial intelligence, time-consuming manual checks are a thing of the past and buyers can be evaluated fully automatically in seconds.

silicon.de is a leading German online magazine for information and communications technology and digitization. It is aimed primarily at senior IT management and business decision-makers. You can find Ralph Schuler’s article here.

Headlines are once again piling up in newspapers and magazines accusing Germany of being increasingly lethargic when it comes to innovations and startup investments. In fact, the number of startups or new patents, for example, do not currently describe a pronounced innovation climate in this country. But what is the actual state of inventiveness in this country and why is German innovation in crisis?

Our client Santiago Advisors identifies three reasons for the lack of groundbreaking innovations. In the article from the special feature of the ZEIT magazine “Forschungskosmos”, Managing Director Dr. Juan Rigall describes how bureaucracy, a lack of role models in research, and a lack of venture capital create unfavorable conditions for startups and researchers in Germany.

The special issue “Forschungskosmos” is published several times a year in the overall circulation of ZEIT, reaching a readership of 2.3 million with about 590,000 copies sold. In addition, the article can also be accessed on ZEIT ONLINE, which has around 15.5 million users per month.

Santiago Advisors is an international management consultancy specializing in strategy and organizational development, particularly in the pharmaceutical, medical technology and chemical industries. WORDUP PR has been responsible for Santiago Advisors’ press relations in Germany since summer 2021, focusing on positioning the company and its content in the business media environment as well as in the trade press.

Almost ten years ago, 24 European countries signed an agreement on the introduction of the Unified Patent Court (UPC). Upon its implementation, the UPC is to replace the national patent courts of its contracting members and thus become the supreme authority with regard to patent-related legal issues. As a result the dream of a European unitary patent is getting closer and could soon become reality.

However, the ratification of the project has been enormously delayed over the last years. With the successful approval of the Austrian Parliament in early 2022, the plan to harmonize patent law is actually taking shape. Thus, provisional application now allows the creation of the UPC as an independent international organization.

But what does the introduction of the UPC and consequently the European Unitary Patent mean for new patent applications in the near future? Which patents will then be valid in which countries? What do domestic and non-European patent owners have to consider? Our client Anaqua answers these and other questions in the debate magazine “The European” and thus offers an exciting insight into all aspects of the European Unitary Patent.

As a software developer, the US company can provide deep insights into the features and benefits of the UPC and the European Unitary Patent. WORDUP PR has been advising and supporting Anaqua in its press relations as well as in the planning and execution of expert events on intellectual property topics since 2016.

The algorithms of today and tomorrow can not only recognize people in photos or anticipate the needs of smartphone users. Ever since computers have been able to beat world champions in games such as chess and Go, it has become clear just how sophisticated artificial intelligence really is today. The machines do more than just acquire new knowledge. By implementing concepts from scientific game theory, they can also respond directly to and anticipate human behavior.

CEO Marcus Schreiber and board member Dr. Sebastian Moritz of our customer TWS Partners describe this in the current issue of FORBES magazine. In the article “Learning to read humans”, which appears in one of the most successful business magazines worldwide, they explore the question of what lies behind artificial intelligence and its combination with mathematical game theory.

The Munich-based consulting firm TWS Partners AG is considered the market leader in applied game theory. Specializing in making game theory useful for business decisions, TWS Partners advises companies in the automotive, transportation, high-tech, telecommunications, pharmaceutical, chemical, and consumer goods industries, among others. WORDUP PR has been responsible for this consulting mandate since the end of 2018 and can draw on both its expertise in the political environment and in-depth knowledge of economic contexts.

The events of the last few days, weeks and months have impressively demonstrated the vulnerability of global supply chains. But it is not only external shocks that can lead to disruptions and bottlenecks. In addition to pandemics and lockdowns, ships blocking trade routes, and wars breaking out in the middle of Europe, other factors must be considered to strengthen not only the resilience of supply chains. Respect for human rights and sustainable business practices has also become essential.

Our client SHS Viveon, provider of a modular platform for the automation of risk, credit and compliance processes, is also aware of these developments. Thus, Ralph Schuler, CEO of SHS Viveon, points out the pressing challenges in these areas: “Companies that are part of global supply chains as suppliers, as well as the product manufacturers themselves, are facing more and more national and international auditing and reporting obligations.” In order to be able to expand and improve its supply chain compliance (SCC) solution, which is specifically geared towards global supply chains, SHS Viveon is cooperating with msg Rethink Compliance GmbH, the anti-financial crime specialist within the international msg group.

With the help of the SCC solution, all steps of the supply chains nationally and internationally, which are necessary for the manufacture of products and the provision of services, can thus meet applicable requirements. Among others, the expert magazine LOGSTIK HEUTE, which covers and presents particularly relevant information for supply chain and logistics decision-makers, reported on the cooperation. With the introduction of the German Supply Chain Security Obligations Act (Lieferkettensorgfaltspflichtengesetz) or the Money Laundering Guidelines for the Trade in Goods (AML) as well as regulations such as the UK Bribery Act or the US Foreign Corrupt Practice Act (FCPA), executives are dependent on precisely such optimized solutions and cooperations.

The path from raw materials to end products is not only lengthy, since the onset of the Corona pandemic at the latest, it has become apparent just how risk-prone it is. As soon as supply chains come under pressure, nowadays we are directly impacted by it. If the gears of the individual decentralized production steps no longer mesh, the chain starts to stall. This affects both consumers, who wait months for their kitchen appliances, as well as producers themselves, who suffer from a shortage of preliminary products and whose plants can come to a standstill in the worst case.

In a globalized world, therefore, supply chain management needs to be optimized in order to reduce the fragility of the system and avoid breakdowns. Our client Santiago Advisors, an international management consultancy, specializes in strategy and organizational development and describes on it-daily.net how intelligent preparation of data can sustainably improve the supply chain.

With the help of collected knowledge about possible costs, suppliers, demand forecasts and other company-specific variables, “data-driven supply chain optimization can be used as a competitive advantage,” as our client explains in the online portal of the trade magazines it management and it security. As a top management consultancy, Santiago is well aware of the importance of statistical data analysis and how companies can use it to improve their own market position.

Santiago Advisors has been advising companies worldwide since 2009 on the design and implementation of high-performance growth strategies and the necessary organizational concepts. Through close involvement and intensive cooperation, Santiago accompanies corporate groups and medium-sized companies, primarily in the pharmaceutical, medical technology and chemical industries, in the implementation of initiatives for further development.

The pandemic has turned people’s lives upside down, and the working world has also not remained unaffected. But has working from home actually replaced the office routine, as so many voices have claimed? Our client SHS Viveon is now going its own way and implementing a new hybrid dynamic model. This allows employees to pursue their tasks either within one of the three branch offices or from their home office, as well as from wherever they are able to work at any given time.

The news was picked up by the magazine gi Geldinstitute, among others, which made it possible to reach a targeted expert audience. In addition, DIE ZEIT also reported on SHS Viveon AG’s step into the future of work. The reach thus achieved via ZEIT ONLINE, which records 16.55 million unique users per month, contributes further to the growing awareness of our customer SHS Viveon.

The listed company with its headquarters in Munich has set itself the task of decisively simplifying the management of financial and regulatory risks of companies. The SHS Viveon software platform enables risk, credit and compliance management teams to automatically identify, assess and hedge risks in a flexible, digital process.

SHS Viveon therefore joins the list of companies from the fintech, banking, and financial services scene that WORDUP PR advises or has advised thanks to its many years of experience. You can find an overview of our highlights here.

Caption: ‚Living walls’ enable time-shifted collaboration in SHS Viveon’s new decentralized
working model (Photo credit: SHS Viveon)