Lifestyle, News

Security Bank uses Avaloq to spearhead the digital revolution of the wealth management industry

One of the best-capitalized private universal banks in the Philippines, Security Bank offers a range of services including asset management, leasing, foreign exchange, stock trading, and customized finance. The bank increased its clientele by a CAGR of 40% and increased its wealth management assets under administration by a CAGR of 44% since establishing its wealth management division in 2017. Based on these findings, Security Bank has been named Best for HNWs (high net worth) in the Philippines by Asiamoney for three years running (2023, 2022, and 2021). Security Bank has teamed up with Avaloq to advance the bank’s digitalization, streamline its front office, and lay the groundwork for long-term growth in response to the growing demand for customized wealth management services.

With the help of its new wealth management platform, Security Bank will be able to provide its wealthy and high net worth clientele with a comprehensive range of customized investment advising services and products by automating and standardizing operations. Security Bank will see increased operational efficiency as a result of high straight-through processing (STP) and service accuracy rates for payments, securities, and money processing provided by the Avaloq Core Platform’s native automation capabilities. As a result, Security Bank will have greater resources to devote to offering individualized service, developing fresh, cutting-edge products, and branching out into new markets and customer groups.

Avaloq’s intuitive RM Workplace solution will provide Security Bank’s relationship managers with a complete overview of client profiles and portfolios, ensuring more targeted communication and simpler transaction management to boost productivity and foster closer client relationships. This will also enable the bank’s relationship managers to offer tailored investment advisory services to a larger, more diverse client base. The solution can be fully customized based on the bank’s needs and is seamlessly integrated with the Avaloq Core Platform.

Arnold Bengco, Financial Markets Head at Security Bank, said: “The bank’s strategic partnership with Avaloq will strengthen our wealth management capabilities even further. We continue to innovate our financial markets products to meet the evolving needs of our clients. With this acute focus to deliver tailored solutions and distinct BetterBanking service, we’re confident our new platform will attract incremental investment AUM and help deepen customer relationships with our Bank.”

Lucose Eralil, Executive Vice President Head Enterprise Technology & Operations at Security Bank, said: “This new partnership with Avaloq reflects our commitment to digitally transforming our bank to deliver exceptional value to our clients and stakeholders and to become the most customer-centric bank in the Philippines. With Avaloq’s specialized wealth management platform and RM Workplace solution, we can further expand our wealth management business to help individuals and businesses in the region grow and preserve their wealth. I look forward to strengthening our partnership with Avaloq over the years to come.”

Pascal Wengi, Managing Director for Asia Pacific, the Middle East and Africa at Avaloq, said: “We are firmly committed to supporting Security Bank on its digitalization journey across the front, middle and back office. By automating end-to-end processes, from order entry to reporting, the Avaloq Core Platform will provide the operational foundation for the future growth and success of the bank’s wealth management business. At the same time, our RM Workplace solution will empower the bank’s relationship managers, helping them to build lasting relationships with their clients. We are proud to work closely with Security Bank to support the growth of the Philippines’ wealth management sector.”

Entertainment, Lifestyle

Enchanted Kingdom: Promoting travel and providing top-notch service

During the CALABARZON tourist Excellence Appreciation 2023, which took place in the Twin Lakes Hotel in Laurel, Batangas, last January, the Department of Tourism honored Enchanted Kingdom—the first and only world-class theme park in the Philippines—for its significant contribution to the travel and tourist sector.

 Along with Local Government Units (LGUs), partner National Government Agencies (NGAs), private tourism businesses, the academic community, media partners, institutional partners, and well-known locals, Mario O. Mamon, Chairman and President of EK, and Dr. Cynthia R. Mamon, COO, accepted the award.

“This recognition is an affirmation that Enchanted Kingdom is in the right direction towards our vision to be a world-class integrated attractions destination in Asia, and as the Philippine leader in wholesome family leisure and entertainment,” said COO Dr. Mamon.

Dr. Mamon, an advocate of tourism in Laguna, is also the president of Laguna Tourism Council Philippines. “EK is committed to contribute to the growth of the tourism industry. It is our mission to create and provide magical experiences and memories that last a lifetime, both for our domestic and foreign guests,” Dr. Mamon furthered.

EK’s Learning and Development Manager, Pauline C. Barreiro also received an award for her participation as a trainer for the Filipino Brand of Service Excellence (FBSE) Training program for 2023. Currently, 90% of Enchanted Kingdom’s Cast Members (employees) are FBSE trained. “The FBSE Training Program has deepened our appreciation of the culture of service excellence in the Philippines. In EK, all cast members take the Filipino Brand of Service Excellence to heart as we greet every guest with a passionate Mabuhay, magical day!,” shared Ms. Barreiro.

The Laguna government also recognized EK last year for bringing in the most same-day visitors in 2022. According to DOT’s most current Regional Distribution of Overnight Travelers data, the City of Santa Rosa, where EK is located, recorded 40,188 overnight foreign travelers and 92,728 overnight domestic travelers.

Famous Laguna delicacies were on display at the One Town, One Product (OTOP) Hub, which EK and DTI Laguna built in 2022. The Pugad Shop at EK’s Cultural Village zone also featured gift packs of coffee and tea, as well as locally made bags and accessories. AGILA the EKsperience, the first and only flying theater in the Philippines that honors the splendor of Philippine travel destinations, goods, and people, is also housed at EK. Enchanted Kingdom has been actively promoting travel and local goods for the past 28 years.

Entertainment

The deluxe version of Filipino singer-songwriter and producer Raven’s latest album, Kinulayan, has been released

The young multi-hyphenate will be launching his latest record on February 21 at Balcony Music House in Makati City

Listen to the album’s new single “LML” and bonus track “AOLID”

raven, a Filipino singer-songwriter and producer, explores the hues of life in her latest album Kinulayan, which is out now through Sony Music Entertainment.

Raven defines a Kinulayan as someone whose life was monotonous and uninteresting until they met someone who was worth taking a chance on in a romantic relationship.

With the primary intention of spreading happiness that radiates with positive emotions and expressions, the emerging phenomenon wrote and produced Kinulayan. Kinulayan is an energetic, colorful, and free-spirited record that makes it easy for listeners to enjoy life’s small pleasures and the escape they provide.

“The songs in the album reflect the different stages in a relationship,” the Balcony Music Entertainment act shares. “From catching feelings to wanting to spend the rest of your life with the other half, the record traces these developments from a romantic standpoint.”

Track list

The young newcomer’s second studio album features nine songs, with the addition of the bonus track “AOLID.” raven explains that the etymology of “AOLID” comes from the word “solid,” which he tends to mistype quite often. “It’s is my way of reclaiming the term in all its imperfect glory, while embracing the expression to lift others up and rise against the odds.”

Other songs in the album include the focus track “LML,” which was penned during a very tumultuous phase in his personal life. On the bedroom-pop ditty, raven turns moroseness into a source of inspiration, paying tribute to that special someone who helped him recover from the rock bottom and gave him a reason to make meaningful memories again.

Check out the tracks from his new album:

1. May Sasabihin Lang

2. Tayo Parin Talaga

3. Sinta

4. Sunday

5. Biyahe

6. LML

7. Pangako

8. AOLID (feat. Kvrt & Nichimi)

9. Pangako (with Angela Ken)


Cover art

Album launch

This Wednesday, February 21, at 7:00 PM, raven will formally unveil the deluxe edition of his second studio album, Kinulayan, at Makati City’s Balcony Music House.

The album’s tunes, along with some previously released ones, will be performed live by the open-genre act for the first time. Weekends, ALYSON, Maki, Nichimi, TALA, and others are support acts. Get registered beginning at 6:30 p.m.


Album launch poster

raven’s Kinulayan is currently available via Sony Music Entertainment on all digital music platforms worldwide.

Sports

A significant part of the 52nd Golden Tee Invitational Tournament is played by ArenaPlus

Your go-to sports betting app, ArenaPlus, did not hold back in supporting Philippine sports entertainment as it participated in the 52nd Golden Tee Invitational Tournament, which was held at the Manila Golf and Country Club from February 5–10, 2024.

ArenaPlus assumed the position of major sponsor for the event, also known as a Platinum Sponsor, and contributed Php 1,000,000.00 as the cash prize for the winner of the tournament. The brand feels that this sum is akin to the value that golf provides to the Filipino people in terms of both amusement and livelihood.

Notably, ArenaPlus’ participation also included being counted among the tournament players. The Golden Tee Sponsors Tournament portion of the event saw 10 representatives from the brand join in as they too worked to secure their own victories.

Event goers, from players to spectators, were given the additional treat of visiting ArenaPlus’ booth, which gave away goodies to its visitors.  

ArenaPlus wants to continue its involvement in the local sports and leisure scenes because it is committed to fostering the growth and development of Philippine sports and culture. They keep creating new channels and chances to increase the accessibility and relevance of sports and leisure for Filipinos. Through its collaboration with the 52nd Golden Tee Invitational Tournament, ArenaPlus makes esoteric sports accessible to a wider audience.

Digiplus Interactive Corp. is a leading provider of gaming and leisure services in the nation, and BingoPlus and ArenaPlus are two of its proud flagship brands. Visit www.bingoplus.com and www.arenaplus.net for additional updates, or get the apps right now from Google Play and the App Store.

Lifestyle, Tech

Ayala Foundation and Globe’s Hapag Movement feed 4,500 people in Basilan


Globe’s Hapag Movement and the Ayala Foundation, with the help of local community organizations, brought meals to students in 21 Basilan schools December 1, 2023 to January 10, 2024.

The nation’s hunger rates are still rising, and millions of people are having everyday difficulties obtaining food. According to the most recent Social Weather Stations study, hunger rates increased by 12% in December 2023, especially in Mindanao, which is home to some of the nation’s poorest regions.

The Hapag Movement has targeted Basilan, a province that has long struggled with poverty and conflict, in an effort to remedy this. A 2023 study by the Philippine Statistics Authority states that 46.9% of Basilan’s population lives in poverty, making it a “relatively high” rate.


Globe’s Hapag Movement and the Ayala Foundation, with the help of local community organizations, brought meals to students in 21 Basilan schools from December 1, 2023 to January 10, 2024.

The Hapag Movement and its implementing partner Ayala Foundation recently provided supplemental nutrition to 4,500 students in 21 schools spread over 4 municipalities in Basilan, thanks to the assistance of local community groups.

Just last month, alumni of the Ayala Foundation’s Basilan Leaders initiative–Leadership villages (BYLP–LeadCom) initiative assisted the Hapag Movement in providing supplemental nutrition to isolated villages, indigenous peoples, and families of former soldiers. There were 2,500 beneficiaries of this endeavor.

Support also extended to livelihood, with the Hapag Movement providing seeds and fertilizers to farmers in Lantawan town and Lamitan City with the help of LeadCom alumna Nurhati Tangging.

“What we’re doing in Hapag is providing opportunities na mas ma-expand pa ng ating partner farmer beneficiaries sa Basilan ang kanilang pagsasaka. The Hapag project is providing them vegetable seeds at ibang pananim, at the same time fertilizer na magsu-support sa kanilang pananim,” said Tangging.


The project has also reached families of former combatants who have returned to the fold and is reintegrating with the community– a critical component in achieving lasting peace in the conflict-stricken province.

“We identified the different beneficiaries we have in Basilan sa pamamagitan ng kung sino po ‘yung active farmers na nangangailangan ng support lalo sa mga seeds. This Hapag project is also an opportunity to provide foods sa families ng former combatants at kani-kanilang pamilya,” Tangging said.

One notable project was led by community leaders Adzhar Baluan and Saddam Pacio, and teacher Nur-aisa Anilon, all of whom are also BYLP–LeadCom alumni, who organized a feeding program for nearly 1,000 students in December 2023.

“In Globe, we are fully committed to working alongside communities, stakeholders, and local leaders to deploy sustainable solutions that will significantly benefit Filipino families grappling with the harsh reality of involuntary hunger. Through the Hapag Movement, we are determined to secure a more promising future for our less fortunate kababayans,” said Yoly Crisanto, Globe Group Chief Sustainability and Corporate Communications Officer.

The stories of Basilan communities and their support for the Hapag Movement are a powerful reminder of the impact that collective action can have in making a significant difference in the lives of those in need.

As millions of families continue to grapple with hunger, the Hapag Movement needs your support. Those who would like to send help may donate via the New GlobeOne app using Globe Rewards points. Just follow these steps:

Donations may also be made using GCash through the following steps.

On the Globe of Good website, credit card donations are also accepted.

Visit to find out more about the Hapag movement. globeofgood#gref; https://www.globe.com.ph/about-us/sustainability/globe-of-good#gref.

Lifestyle, News

The town now has a new night market! Estancia’s Mercato Centrale and The Strip Circulo Verde open

The weekly food market you love is now located at Ortigas Malls. Mercato Centrale is now open at Capitol Commons, Estancia, and The Strip at Circulo Verde.

Mercato Centrale, widely regarded as the nation’s top food and lifestyle night market, serves as a central location for entrepreneurs to showcase their goods to food enthusiasts worldwide. Customers at The Strip and Estancia Mall may now savor a variety of foods and beverages all day long as of this month.

The schedule for Ortigas Malls’ Mercato Centrale is as follows:

  • The Strip at Circulo Verde: February 8 to 29, every Thursday to Sunday from 3pm to 11pm (If you purchase a bucket of Heineken Silver, you’ll get a free 0.0 Heineken Cap)
  • Estancia, Capitol Commons: February 14 to March 10, every Wednesday to Sunday from 10am to 11pm

Visit Mercato Centrale in Estancia and The Strip if you’re looking for a place to relax with your loved ones throughout the weekend or during your lunch break. Allow Ortigas Malls to contribute to your “Larger Than Life” eating encounter.

***

The Ortigas Malls app is your one-stop shop for all your larger-than-life experiences. Register for the Ortigas Community Card to receive exclusive offers, discounts, and benefits.

Make sure to like and visit the Greenhills Mall, Tiendesitas, and Estancia Mall official Facebook pages for additional details and updates on the activities held by Ortigas Malls.

Entertainment

Josh Cullen of SB19 releases the official remix of “Get Right,” which features Yuridope, a Filipino rapper

The  official remix of “Get Right” features the collaboration of Filipino rapper Yuridope and P-Pop artist Josh Cullen. 

The two hit it off right away and had an unbreakable synergy. They dominated the remix with an unquenchable desire to change the beat, amp up the verses, and give a performance that was just as captivating as the original.

“I’ve been eyeing a remix for ‘Get Right’ with a local artist, and boom, Yuridope pops up,” the lead rapper and vocalist of SB19 reveals. “The dude is not just talented; he is genuine. And that verse of his? It was like he blinked and boom, and it was done. Literal na naglabada lang. (He literally washed it out).”

The remix treatment is a result of Josh’s collaboration with the multi-talented producer Cursebox, who gave the original song a fresh new perspective and enabled Josh to actualize his vision. As a result, an intergenre adjustment is made that pushes the boundaries of production.

Josh recounts, “Cursebox deconstructed the beat, experimenting with sounds and rhythms to breathe new life into the track. Throughout the process, we provided feedback, ensuring the arrangement aligned with our vision. In the end, Cursebox’s unique touch added depth to the song, elevating it to new heights while respecting its roots.”

Serving as a gateway to bridge the gap between hip-hop enthusiasts and his captured market, the reimagining of “Get Right” provides an exciting opportunity to introduce new elements to the music while also inviting fans from different genres to experience Josh’s sound in a fresh light.

Josh adds, “This collaboration opens doors to new connections and possibilities, enriching our musical journey and expanding our reach. And with this remix, we’re kicking off a larger journey, pioneering a unique sub-genre I’d like to call ‘hip-pop,’ which promises to bring even more innovation and excitement to the music scene.”

The rapper and singer from SB19, “Get Right,” navigates the difficulties of breaking it as a solo artist in a very competitive business while embracing his musical path. Josh Cullen wrote and directed the original version, with production assistance from Ocho the Bullet and UK-based indie legend No Rome.

The remix of Get Right by Josh Cullen and Yuridope is currently available via Sony Music Entertainment on all digital music platforms worldwide.

Lifestyle, News

Enercon Asia Presents Energy Solution with Smart and Renewable Remote Energy Monitoring to Help with Reporting and Carbon Reduction

(L-R) Enercon Asia Executive Chairman Dr. Azhar Othman, Enercon Asia CEO Roland Lim, and Enercon Systems International Philippines Corporation Country Manager Dexter Carinugan

In response to the increasing market demand for sustainability innovations, Enercon Asia, a premier supplier of all-inclusive energy and power system integrator solutions, is happy to announce the expansion of its services into the Philippines and the launch of an advanced smart energy assessment and monitoring system.

Businesses all around the world are adopting more energy-efficient technologies to reduce their use of energy in the face of the global issue of achieving energy sustainability. Since the Philippine Energy Regulatory Commission (ERC) has acknowledged the need for more energy-efficient usage, this trend is particularly noticeable there.

Enercon has launched its Remote Energy Monitoring System in response to the pressing need for cutting-edge energy saving solutions. The power grid, solar panels, batteries, generators, and other energy sources are all easily connected to an Internet of Things (IoT) power monitoring system. It also comes with a data-driven platform to help organizations become ready for sustainability reporting and management.

Dr. Azhar Othman, Executive Chairman, Enercon Asia, “Our goal is to advance towards a more intelligent and sustainable energy landscape while assisting businesses in navigating the complexities of energy efficiency. We aim to empower businesses to actively monitor their energy consumption, address challenges in establishing carbon reduction goals, and most importantly, achieve a significant reduction in power consumption costs.”

In addition to catering to commercial and industrial sectors, Enercon strategically positions itself to support rapidly growing industries such as microgrids and data centers. Projections from the Department of Information and Communications Technology (DICT) indicate a fivefold increase in data center capacity by 2029. Enercon’s timely launch of the Remote Energy Monitoring System, combined with their proficiency in integrating Data Centre Power system solutions, is well-positioned to support businesses in adapting to the ever-changing landscape of energy consumption efficiency.

“Recognising that power consumption constitutes a significant operating expense for many facilities and building owners, we are committed to helping them better manage their energy usage. Through site verification, measurement, monitoring, and analysis with state-of-the-art smart energy monitoring equipment, our teams ensure that clients have a thorough understanding of their energy consumption patterns, on top of meeting compliance requirements. By incorporating preventive and predictive measurements, our solution furnishes businesses with insights into their energy consumption patterns. Moreover, it facilitates remote monitoring of facilities’ energy usage, empowering businesses with enhanced control and efficiency in overseeing their energy resources,” said Roland Lim, CEO of Enercon Asia.

Enercon has been a leader in power generation and control for the commercial, industrial, and rising sectors for the last fifty years. Enercon provides more than just energy audits; its services also include asset management, which includes routine preventive maintenance, updating and retrofitting electrical equipment, as well as comprehensive commissioning, testing, and training. Power systems’ continued longevity and efficiency are guaranteed by this all-encompassing strategy. With the support of a group of energy experts and auditors, Enercon is already an ESCO registered business in the Philippines, helping businesses adhere to RA-11285, the Energy Efficiency and Conservation Act.

For more information, visit https://enercon-asia.com.

Entertainment

Seth Fedelin and Francine Diaz appear in the music video for “Tayo Na Lang” by NOBITA

The popular loveteam known as “FranSeth” was the band’s unanimous pick for the leads

In the music video for NOBITA’s Tayo Na Lang,” which is available today via Sony Music Entertainment, Francine Diaz and Seth Fedelin play pals who have a secret crush on one another.

This is the second time that the well-known loveteam “FranSeth” has appeared in a music video. The first was during their highly publicized appearance as a young couple in Ace Banzuelo’s 2022 viral hit “Muli.”

The band unanimously decided that Francine and Seth should be the top choices for this project, according to MV director Jeff Valencia. 

Valencia says, “The people in NOBITA are fans of Franseth.” However, there’s something about Francine and Seth that radiates chemistry and mystery beyond just the desire they share. The song seemed to have been composed just for them. They performed with such natural grace and skill.

Set in a slumber party with a group of friends enjoying a fun-filled nightcap, the visual narrative fits perfectly with the song’s heartfelt earnestness and feel-good vibe, but takes a different turn towards the end.

“The plot twist is something that is non-negotiable on our part,” shares lead vocalist and acoustic guitarist Jaeson Felisimino. “The journey matters the most, for sure, but there’s so much weight in the things that we least expect. We’re grateful to our friend Jeff Valencia for turning our vision into a reality.”

Just in time for the Valentine season, NOBITA released “Tayo Na Lang” on all digital music platforms at midnight on February 14, 2024. The alt-pop ballad garnered significant attention on the day of its release, with #StreamTAYONALANGonSpotify becoming a trending topic.

“Tayo Na Lang” is written by Jaeson Felismino, Sam Aquino II, and Mark Quintero, with co-production by Brian Lotho. The track sounds classic NOBITA in terms of musicality and arrangement, creating a wonderfully dreamy backdrop that conveys those early days of passion and longing.

“We just want to make songs that reflect the state that we’re in,” shares NOBITA in a press statement. “We also care about delivering good songs that stand the test of time. We hope Tayo Na Lang makes the cut and will be remembered as the song that inspired our audience in a positive way.”

Tayo Na Lang by NOBITA is currently available via Sony Music Entertainment on all digital music platforms worldwide. Visit this link to view the music video here.

Lifestyle, News

Schneider Electric implores PH data centers to reduce energy consumption by implementing sustainable and intelligent solutions


Schneider Electric recently gathered leaders in the data center industry for a roundtable discussion on how data centers can accelerate energy transition and a golf match at Manila South Woods Golf and Country Club, Cavite.

In order to future-proof operations and reduce carbon emissions, Schneider Electric, a leader in energy management and digital automation, emphasizes the significance of a green approach to data center architecture and operations. As a result, the sector will become more resilient to rising demand and sustainable.

Power Up: Fuel Your Path For Success was an event held by the corporation recently to address the difficulties and current state of the data center market with players in the field.

The worldwide data center research group Uptime Institute projected a 500% increase in global data generation between 2019 and 2025. Because data centers require a lot of energy to operate, their sector is thought to be responsible for 1% of the world’s electricity usage.

“Data centers have become integral to our rapidly growing internet economy. The need to transition to sustainable operations has become more pronounced,” said Carlos Leviste, Business Development and Marketing Director at Schneider Electric Philippines. He added that industries have previously leaned heavily on fuel alone to run their operations. As data center facilities are energy-intensive, data centers play a pivotal role in sustainability. The most efficient way would be to shift to electricity and digital.

However, there is a growing preference across industries for maximizing energy management systems and digital tools, which not only drive operational efficiency but also promote sustainability. Data centers, equipped with smarter operations, can optimize costs, speed, and capital to prepare them for future technological integrations and risk mitigation.

Schneider Electric is at the forefront of this advancement with its extensive suite of digital solutions to improve the efficiency and sustainability of data centers. For instance, APC, Schneider Electric’s flagship brand, offer high-efficiency uninterruptible power supplies (UPS), cooling units, and monitoring systems to foresee any unwanted downtime within the data centers and pinpoint inefficiencies to their operations.

In particular, the oil-free cooling centrifugal compressors with magnetic bearings chiller systems that Schneider Electric utilizes allows data centers to consume power more efficiently and sustainably.

Similarly, Schneider Electric provides renewable Power & Grid solutions that can help produce electricity sustainably to fuel data center facilities’ increasing needs.

“Through these solutions, data center facilities can reduce operational costs in design and engineering, function using grid-compliant assets and software with reduced cybersecurity risks and ensure proactive maintenance of assets to maintain optimum uninterrupted performance,” said Sara El Fanidi, Power and Grid Sales Leader of Schneider Electric APAC.

Schneider Electric has expanded its EcoXpertTM Partner Program to include new industry certifications, further demonstrating its dedication to sustainable digital transformation. By enabling partners to become dependable consultants on data center and critical infrastructure solutions, these certifications hope to ensure that data centers are not just resilient and efficient, but also sustainable.

Schneider Electric is redefining the data center industry by leveraging the power of digital transformation and linked infrastructure to create a new standard that puts sustainability, dependability, efficiency, and resilience ahead of quickly shifting needs.