Business
ATrad unveils Sri Lanka’s pioneering cloud-based stock trading platform at “Beyond Horizons” launch event
IronOne Technologies’ flagship stock trading platform, ATrad, marked a historic milestone with the launch of Sri Lanka’s first international cloud-hosted stock trading and brokering platform. The event, titled “Beyond Horizons,” took place on November 23rd at Cinnamon Grand, Colombo, gathering an esteemed audience comprising Stockbroker CEOs, Colombo Stock Exchange, and Securities and Exchange Commission officials, prominent Investment Advisors, as well as key partners and vendors.
The evening commenced with an inspiring opening speech by Lakmini Wijesundera, Founder and Executive Director of IronOne Technologies and BoardPAC. ATrad, along with IronOne AI Labs, and BoardPAC collectively represent a formidable force in the global tech industry, serving a user base exceeding 5 million across 40+ countries, including prestigious Forbes Global 2000 and Fortune 500 companies.
Ms. Lakmini Wijesundera articulated the company’s vision, stating, “Our commitment to uplifting Sri Lanka’s capital market through cutting-edge technology has driven two decades of innovation. Today, I take immense pride in unveiling a new chapter for ATrad – Sri Lanka’s inaugural cloud-based stock trading and brokering platform. This achievement is just the beginning of a series of groundbreaking advancements.”
The Chief Architect, Lushanthan Sivaneasharajah, and the Senior Manager of Client Relations and Business Development, Shenoy De Silva, took center stage to illuminate ATrad’s cloud migration journey, elucidating the myriad benefits and the platform’s future trajectory. Utilizing the higher performance and reliability of AWS cloud enables ATrad to dynamically scale up to cater to the market demands. Furthermore, ATrad’s direct integration with Bloomberg EMSX facilitates foreign customers to route their orders directly through Bloomberg to ATrad, allowing the assigned advisors to manage these orders with total control to trade on CSE.
Praveen De Silva, Director of Global Business Solutions and Client Success, expressed his enthusiasm, stating, “Today’s revelation of ATrad’s cloud migration marks a significant leap toward aligning Sri Lanka’s stock market with global standards. The dedicated efforts of our team over the past year have culminated in this transformative milestone. As we venture into this new era, we are confident that ATrad’s enhanced capabilities will not only redefine our local landscape but also position us as a beacon of innovation in the international financial arena.”
IronOne tantalized the audience with upcoming developments, unveiling the ATrad API Suite, featuring Seamless Bank Integration, an Investor Portal for onboarding and KYC management, and the introduction of the ATrad wealth management and ATrad primary dealer platforms. These additions epitomize IronOne and ATrad’s commitment to pushing the boundaries of finance and technology.
The event culminated on a high note, with officials from the Colombo Stock Exchange and our esteemed partners expressing excitement about the future of the stock market with ATrad. The “Beyond Horizons” launch event indeed set the stage for a new era in Sri Lanka’s stock trading landscape. IronOne Technologies and ATrad remain committed and strong partners of the capital markets ecosystem in Sri Lanka and look forward to continuing to uplift this industry where technological contribution is assured.
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”
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