Industry news

ICAEW and CIPFA have issued a joint response to the Public Sector Audit Appointments Ltd (PSAA) announcement of the outcome of its procurement of local audit services.

This reflects CIPFA and ICAEW’s shared view of the vital importance of local public audit in ensuring transparency and accountability for taxpayers.

Read more on CIPFA here.

DXC Technology (DXC.N) said on Tuesday it had been approached by a financial sponsor regarding a potential takeover of the IT management company, without disclosing further details.

Shares of the company, which has a market capitalization of nearly $6 billion, jumped nearly 9% on Tuesday before a trading halt. They were up 5.5% after trading resumed.

The company has received no formal proposal but is engaged in preliminary discussions, it said.

Read more on Reuters here.

The John Lewis Partnership is committing to more sustainable sourcing of cotton, cashmere and polyester under new targets in a bid to achieve zero-deforestation.

Read more on Just Style here.

It is the fourth company’s opening in new countries for 2022, after expanding its footprint in Eastern Europe with the Moldovan office and two locations in the Caucasus — Georgia, and Armenia. And today, it announced the first location in Latin America, the fastest-growing software outsourcing destination due to its talented bilingual engineers, tax benefits, and cost-effective rates. The physical presence in Colombia helps to enhance Remote In-Sourcing®, a proprietary business model for building expert development teams for software engineering and data processing projects.

Read more on Newswires here.

DLA Piper is proud to announce its participation in the World Benchmarking Alliance’s (WBA) Collective Impact Coalition (CIC) for Digital Inclusion. DLA Piper recently participated in the WBA’s roundtable launch of the CIC on the side-lines of the 77th session of the United Nations General Assembly.

The CIC is a multi-stakeholder coalition on ethical AI and is focused on driving measurable progress on corporate commitment to ethical AI principles. The CIC aims to raise awareness of the importance of responsible and ethical AI, increase understanding of the state of play and leading best practices, and improve technology companies’ commitment to ethical AI.

Read more on DLA Piper here.

The Outbound Telemarketing Market research report provides all the information related to the industry. It gives the markets outlook by giving authentic data to its client which helps to make essential decisions. It gives an overview of the market which includes its definition, applications and developments, and manufacturing technology. This Outbound Telemarketing market research report tracks all the recent developments and innovations in the market. It gives the data regarding the obstacles while establishing the business and guides to overcome the upcoming challenges and obstacles.

Read more on the Digital Journal here.

At TechMarketView we continue to track the actions of the tech community in supporting environmental sustainability (see archive). In November, the 2022 United Nations Climate Change Conference – COP27 – will be taking place in Sharm El-Sheikh, Egypt.

As we head towards the conference, it is clear to see that technology is now accepted as crucial to tackling many of the world’s most pressing climate challenges. A couple of week’s ago, IBM was announced as COP27 Technology Partner. Microsoft also announced its participation as COP27 Strategic Technology Partner and Principal Sponsor.

Read more on TechMarketView here.

Scope 3 emissions are notoriously difficult to curtail, and the average supply chain accounts for 90% of a consumer company’s impact on the environment. The key to tackling these emissions comes down to collaboration with those supply-chain participants and a laser focus on the particular factors each industry is dealing with, experts explained during Fortune’s Global Sustainability Forum last week.

“You have to really partner with those companies to enable them to set science-based targets” says Suzanne DiBianca, cofounder and chief impact officer at Salesforce. 

To do that, Salesforce held a supplier exhibit, where 40% of their suppliers signed on to meet science-based targets by 2025. The goal is to increase that percentage of participation. 

Read more on Fortune here.

Lemonade has launched in the UK following a partnership for the US-based insurance firm with UK insurer Aviva. It follows previous launches in France, Germany and the Netherlands.

Founded in 2015, Lemonade offers renters, homeowners, car, pet and life insurance by replacing ‘brokers and bureaucracy’ with ‘bots and machine learning’.

From today, UK residents can get Lemonade contents insurance from any device, as well as file claims and get paid in ‘seconds’. It includes worldwide coverage for individual personal items of up to £2,000 each, total coverage up to £100,000, and no cancellation fees.

Read more on the FinTech Times here.

SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced at its SS&C Deliver Conference the rollout of its intelligent automation portfolio under the SS&C Blue Prism brand. SS&C Blue Prism combines RPA, BPM and low and no-code capabilities to provide a comprehensive menu of intelligent automation (IA) services.

"SS&C Blue Prism's comprehensive suite of products and second-to-none support options are a critical part of our business processes," said Giovanni Gentile, Managing Director, Bionics, at State Street Bank. "By utilizing its intelligent automation platform and extensive industry expertise, we're able to deliver high quality and innovative services."

Read more on PR Newswire here.