Archive for the ‘blog’ Category

SEP expands infrastructure team

Monday, July 27th, 2015

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Scottish Equity Partners (SEP) has further expanded its infrastructure team with the appointment of Romain Keyen as Associate and Adam Delaney as Director of Finance.

Romain Keyen is based in SEP’s London office and will focus on originating and executing new energy infrastructure investments. He previously worked with BNP Paribas Clean Energy and Glennmont Partners where he was responsible for the acquisition of clean energy assets across Europe.
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Meet Vickie, Hot Tin Roof’s newest cat.

Wednesday, July 22nd, 2015

As Victoria is the youngest cat and the most recent to join Hot Tin Roof we decided to ask her what makes Vickie tick?

Here’s what she said:

How did you end up working at Hot Tin Roof and how long have you been here?

I am the newest recruit at Hot Tin Roof, having only been with the company for 2 months. Hot Tin Roof had been on my radar for a while, so when I saw they were looking for an Account Executive, I was delighted and had to apply!

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Shot Scope Scores Investment to Manufacture Wearable Tech for Golfers in Scotland

Sunday, July 19th, 2015

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Scottish start-up Shot Scope announced today that it has received investment of £415,000 to launch its wearable performance tracking technology for golfers to the US and UK markets.

Business angel syndicate Equity Gap led the deal and was joined by two other investors, the Scottish Investment Bank – the investment arm of Scottish Enterprise – and the University of Edinburgh’s in-house venture capital fund, Old College Capital.

Shot Scope will use the investment to build its team, complete product development and start manufacturing ahead of launch in January 2016 at the global golf industry’s annual gathering, the PGA Merchandise Show in Orlando, Florida.

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Aimed at golfers of all levels who want to improve their performance, Shot Scope’s patent pending technology automatically collects scoring and statistical data as a golfer plays. On completion of a round, data is uploaded to the Shot Scope website or mobile app where statistics, analytics and maps detailing every shot are displayed in a graphical user interface.

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Aquila Insight scoops key players from Co-operative and Acxiom as it scales up for growth

Sunday, July 12th, 2015

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The UK’s fastest growing data analytics company, Aquila Insight, today announced appointments in two newly created senior roles as it gears up for further rapid expansion in the second half of 2015.

Neil Carden joins from the Co-operative Group as director of business development, with Matt Hollingsworth leaving data specialists Acxiom to take a leading role as general manager of Aquila Insight’s growing London office.

Carden is a consumer and commercial heavyweight who has seen first-hand the power of evidence based decision making in a retail setting. As Insight Director at the Co-operative Group he developed its customer proposition through customer research and analysis, customer targeting and the measurement of marketing effectiveness.

Prior to joining the Co-operative Group, Carden held senior roles at a number of major companies including KPMG where he worked with UK banks to make investment decisions and deliver technical and culture change programmes. And at MasterCard he was responsible for the development of its consulting, information products and managed services businesses in the UK and Ireland as well as creating and leading its information and analytics proposition in Europe.

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CodeClan Scotland’s first digital software skills academy to open its doors in September

Saturday, July 11th, 2015

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An ambitious plan to create Scotland’s first dedicated software skills academy is revealed today. Its aim is to produce wave after wave of software developers ready for work every 10 weeks, with the first cohort graduating in February 2016.

CodeClan, a coding school for web and mobile software development, is based on the success of the new breed of immersive academies around the world including Flatiron School in New York, Makers in London and Stackademy in Berlin.

The aim is to create a new generation of software developers that will allow Scotland’s vibrant digital sector to flourish and drive the economy. CodeClan will draw on an untapped resource of talented individuals who have an aptitude for coding but need a route into the industry.

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Funding boost for language app: Babbel raises $22 million

Friday, July 10th, 2015

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Global online language learning market leader completes Series C round and secures SEP as new investor

July 8th 2015, New York/Berlin – Babbel, the leading app for language learning, today announces the successful completion of $22 million investment round to drive further growth. The round is led by Scottish Equity Partners (SEP) and supported by existing investors Reed Elsevier Ventures, Nokia Growth Partners (NGP), and VC Fonds Technology Berlin managed by IBB Bet.

The investment will add momentum to the company’s impressive growth, while ensuring the continuation of its cutting-edge product development. Babbel has been profitable since 2011, with its mobile app now seeing up to 120,000 downloads per day. As the highest grossing language-learning app in both the iOS App Store and Google Play Store, Babbel operates a subscription-based business model with a clear focus on consumers outside the realm of formal education. With its recently released app for Apple Watch, the company presents a strong vision for the future of language learning.

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Aridhia announces revolutionary mini-app technology to accelerate clinical application development following RStudio collaboration

Friday, July 10th, 2015

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Aridhia enhances AnalytiXagility data innovation platform with rapid prototyping technology from the leading “R” language tools provider RStudio to accelerate the translation of precision medicine and biomedical research into clinical practice.

Aridhia, the pioneering clinical and translational informatics company, today announced a revolutionary “mini-app” rapid development solution specifically for clinical applications. The solution integrates the RStudio Shiny web application framework and Shiny Server Pro secure, performant application deployment platform to enhance AnalytiXagility’s collaborative workspaces.

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FanDuel Four Time Winners as ScotlandIS honours Scotland’s digital stars

Thursday, June 18th, 2015

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ScotlandIS, the trade body for the digital technologies industry, today announced the winners of the fifth annual Digital Technology Awards.

The cream of Scotland’s digital technology companies attended the sold out event at the Edinburgh International Conference Centre on 18 June, which celebrated the continuing success of the sector.

The big winners on the night were FanDuel who scooped four awards including the much-coveted Digital Technology Business of the Year gong, beating off competition from Edge Testing Solutions, Kotikan and Cooper Software to do so.

FanDuel were recognised for their exponential growth and success since starting in 2009. The Edinburgh based online fantasy sports technology business, which trades largely in North America, now has 225 employees in Scotland and the US. FanDuel also took the prize for Best B2C Technology Product/Service and Investment Deal of the Year, and were joint winners in the Outstanding Marketing Performance by a Tech company on the night.

Polly Purvis, Lesley Eccles and FanDuel team

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Aridhia’s Data Science Platform Used in €6 Million EU Project

Wednesday, June 17th, 2015

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Aridhia’s data science platform AnalytiXagility has been chosen to underpin a €6 million oral healthcare innovation project funded by the EU’s Horizon 2020 programme and the funding win demonstrates huge confidence in Aridhia’s data analytics capability.

During the four-year project, known as ADVOCATE, the Edinburgh-based company will work with 10 partners spanning academia, healthcare and industry across six EU states, to deliver an innovative, evidence-based oral healthcare model which optimises oral health and wellbeing.

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Investment of £1.2 million for renewable energy business Sunamp

Friday, May 22nd, 2015

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Sunamp Ltd, the renewable energy and heat storage business, announced today that it has received over £1.2 million of investment from private equity investors, in a two stage round led by Par Equity and Equity Gap. Investors include former SSE Chief Executive, Ian Marchant.

Sunamp designs and produces innovative heat storage batteries that help overcome the issue of energy wastage by storing excess energy as heat for later use. The company, which is based in East Lothian, was founded by successful technology entrepreneur, Andrew Bissell, and to date has been funded by a mixture of grants, loans and private investment.

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Abcodia secures funding of £5.25 million ($8m) to launch the ROCA® test for the early detection of ovarian cancer

Monday, May 18th, 2015

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• Two new investors, Cambridge Innovative Capital and Scottish Equity Partners join existing investors Albion Ventures and UCLB

• The investment enables the launch of the ROCA® test in US and UK in 2015, as well as the establishment of a US presence

Abcodia today announced that it has raised £5.25 million funding from existing and new investors to bring the world’s most sensitive and specific ovarian cancer screening test, ROCA® to market.

The financing was co-led by Cambridge Innovation Capital (CIC) and Scottish Equity Partners (SEP), who join existing investors Albion Ventures and UCL Business. Dr Robert Tansley, from CIC and Jan Rutherford, from SEP have been appointed to Abcodia’s Board.

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Alphabet Babies receives six figure investment to launch new literacy programme for early years learning

Sunday, May 17th, 2015

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Glasgow based start-up Alphabet Babies has received investment from business angel syndicate Equity Gap and the Scottish Investment Bank, the investment arm of Scottish Enterprise, which it will use to launch a second strand of its successful literacy and language learning programme, this time aimed at parents.

The original product, which has already been successfully taken to market, provides nurseries with learning programmes for 0-2 and 3-5 year olds. Using the investment of £104,000, Alphabet Babies will complete and launch a product for parents of young children wishing to experience fun learning times with their child at home.

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Digital Technology Award Entries Reflect Bouyancy of Scottish Digital Technologies Sector

Wednesday, May 13th, 2015

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Scotland has a thriving digital technologies industry, which is predicted to enjoy strong growth again this year. This vibrancy is reflected in the record number of entries received for the DigiTech Awards 2015 and the finalists are announced below, with well-known names and promising start-ups included in the shortlist.

ScotlandIS, the trade association championing the digital technologies industry are organisers of the awards. Delighted with the increased response to this year’s call for applications, Polly Purvis CEO of ScotlandIS, said: “Scotland’s digital technologies industry continues to grow year on year. Our latest industry survey findings show that nearly 87% of technology companies anticipate growth this coming year, with over 65% advising they are forecasting growth of over 10%. A buoyant industry in a buoyant mood indeed.”

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Graduates in demand with Scottish digital technologies industry set for further growth in 2015

Monday, May 11th, 2015

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New research from ScotlandIS is forecasting strong growth for the digital technologies industry in Scotland, with 83% of organisations planning to increase staff numbers and 86% of businesses expecting sales to rise in the coming year.

And there is good news for computer science students approaching their final exams, with high demand for graduates and 74% of organisations expecting to recruit in 2015.

The annual survey of 150 organisations, carried out on behalf of ScotlandIS by Aberdeen & Grampian Chamber of Commerce, also found that Scottish businesses are undertaking a significant amount of international activity, with Europe, USA and Canada seen as the most attractive overseas markets for the second year running.

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Aridhia’s Chris Roche takes over as CEO

Tuesday, April 28th, 2015

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Aridhia’s Board of Directors has announced the appointment of Chris Roche as Chief Executive Officer (CEO), succeeding co-founder David Sibbald, who takes up the role of Executive Chairman at the pioneering health informatics company.

“During this critical time of growth, there is no better person to lead Aridhia than Chris Roche,” says David Sibbald. “Chris is a proven leader with a deep understanding of data science, business vision and the ability to bring people together. His ability to rapidly scale data businesses and corporate experience is precisely what Aridhia needs as we enter our next chapter of innovation and growth.”

Roche joined the company in 2014 as Chief Commercial Officer (CCO) and over the last 12 months has brought a new commercial focus to the company as Aridhia transformed to a SaaS based business model.

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LEWIS to help Dynamic Earth show off its fun side

Tuesday, April 21st, 2015

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Top visitor attraction Dynamic Earth has appointed Edinburgh design and digital agency LEWIS to deliver a full brand refresh and a 12-month marketing campaign to promote its fun and interactive features.

The win further strengthens LEWIS’s portfolio of tourism and leisure clients, which already includes, the National Museum of Scotland and Edinburgh Corn Exchange.

The marketing campaign, which kicked-off at Easter and will run until the end of the year, will feature print, outdoor, radio and transvision advertising at Waverley Station. Campaign branding will also be featured on 10 taxis and a fleet of Lothian Buses during the summer months.

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West Lothian Chamber is leaving nothing to chance with ‘The Gaffer’

Thursday, April 9th, 2015

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Cricketing legend Alec Stewart has been confirmed as keynote speaker at West Lothian Chamber’s Spring Dinner to be held on Thursday 30 April, in the Norton House Hotel, Edinburgh.

Affectionately known as the ‘gaffer’ of English cricket, Alec Stewart OBE, is the most capped England cricketer of all time.

He is an inspirational and charismatic after dinner speaker as Linda Scott, CEO of West Lothian Chamber explains: “Alec’s vast experience and the respect he commands in the sporting world will be hugely motivational for our members. Business leaders have long drawn inspiration from their sporting heroes and we are excited to have Alec join us and look forward to learning from him.”

With natural comic timing Alec will deliver a motivational speech entitled ‘Leaving Nothing to Chance’ which mirrors his approach of preparation and dedication.

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We are hiring – PR and Social Media Account Executive (full time)

Tuesday, April 7th, 2015

Creative thinker, plain talker, great writer, media junkie, good fun, massive energy. Is this you?

Hot Tin Roof is a dynamic, ambitious and independent PR agency. Fast and furious, we create iconic reputations for pioneering UK companies. We have a powerful reputation for getting results offline and online for our clients.

Creative, intelligent and determined, we run our campaigns with skill, imagination and honesty. Our absolute loyalty to our clients, the energy and the gritty single-mindedness with which we tackle every campaign is the secret to our success.

We are currently looking to hire a PR Account Executive who wants to fast track their career in an independent agency environment.

We want someone who will hit the ground running and is hungry to learn new things. You will be resourceful, creative and proactive.

For a more information or a job description email [email protected].

And to apply just send your CV (with your favourite film, book and icon) to [email protected] by Friday 17 April 2015. Interviews will take place on Tuesday 21 and Wednesday 22 April 2015.

Cyberhawk appoints new Chief Financial Officer

Sunday, March 29th, 2015

World leader in remote aerial inspection and survey, Cyberhawk Innovations, has appointed David McIntyre as Chief Financial Officer.

An experienced CFO and chartered accountant, David has held a number of positions in listed, multinational and start-up companies prior to his appointment at Cyberhawk. Most recently David was Finance Director for Maintenance Management Limited, a Private equity-backed business service company, where he helped to significantly increase shareholder value. David has also held posts as Director of Finance and Operations for Diageo/United Distillers, CFO – EMEA & Asia Pacific for Dialog Corporation (part of Thomson Reuters Group) and Group Financial Controller for Kwik-Fit Group.

David joins the senior management team at Cyberhawk at a time of substantial global growth and international expansion, following a £1.3 million investment from Scottish Equity Partners and the Scottish Investment Bank 18 months ago.

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West Lothian Chamber of Commerce launches campaign to help young people #getajob

Tuesday, March 24th, 2015

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West Lothian Chamber of Commerce today launched a new initiative to support 18-24 year olds in developing the skills necessary to succeed in interviews and secure employment.

Called #getajob, the joint initiative is being run by the West Lothian Chamber of Commerce, West Lothian College, the Department for Work and Pensions and JobCentre Plus.

The two-week programme has been introduced to improve interview and employability skills in West Lothian, and will work with groups of young people to improve their chances of success in job interviews. In a series of workshops over the first week, participants will tackle the main barriers to employment, assess their professional skills and develop their own personal brand. Following this, they will undergo an interview with a West Lothian employer and will then undertake work experience on site with the business.

Following the programme, participants will be assigned an employment mentor from the business community within our Chamber membership who will maintain regular contact to ensure ongoing aftercare.

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Aridhia sets its sights on US market with Craneware partnership

Wednesday, March 11th, 2015

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Aridhia Informatics, the Edinburgh-based health informatics company, has announced a strategic partnership with fellow Scottish health tech pioneer Craneware as it targets the US market for the first time.

The partnership will enable Aridhia, which has healthcare clients throughout the UK, Australia and Kuwait, to offer its core services – collaborative analytics platform, data science services and app development capability – to Craneware’s extensive US client base. It represents a major opportunity for both parties to work together to help US healthcare organisations benefit from the acceleration and commercialisation of informatics solutions that focus on patient outcomes. A growing number of medical insurers are moving away from fee-for-service towards performance-based reimbursement and this is driving the requirement for informatics solutions.

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Cyberhawk Extends Global Footprint

Wednesday, March 11th, 2015

Following a £1.3 million investment from Scottish Equity Partners and the Scottish Investment Bank 18 months ago, Livingston-based Cyberhawk Innovations, is extending its global footprint with the appointment of two new Sales Managers in Asia and the Middle East. Chen Choon How, based in Kuala Lumpur, Malaysia, has been appointed to grow the customer base in the Oil and Gas and Utilities sectors in South East Asia, while Ajay Sethi, based in Abu Dhabi, United Arab Emirates, has been recruited for the same role in the Middle East.

Cyberhawk is the world leader in industrial inspection and survey using Remotely Operated Aerial Vehicles (ROAVs) and has led the development of the industrial ROAV service industry, including achieving over 25 world firsts since 2008, including the first ever industrial ROAV inspection. Combining ROAVs, highly skilled pilots and engineering experts, the company provides close up inspections of hard to reach and live structures, in a manner that is faster, safer and more cost effective than ever before. Cyberhawk has completed projects for the “big six” Energy companies in the UK and all six Oil and Gas supermajors, conducting inspections and surveys on electricity networks, power stations, oil and gas sites and wind farms throughout Europe, the Middle East, Asia & Africa.

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Angel investment will create new jobs and international trade for Spoonfed

Sunday, February 22nd, 2015

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Equity Gap announced today a £250K investment in catering software company Spoonfed. Based in Livingston, the startup will use the investment, which is co-funded by the Scottish Investment Bank, the investment arm of Scottish Enterprise, to create new jobs and accelerate the internationalisation of their automated catering software.

Spoonfed launched in 2013 and already boasts a customer base that stretches across the UK, from Aberdeen, Edinburgh and Glasgow to Birmingham, Manchester, and London, including high street bakery chains, independent sandwich retailers, outside catering businesses as well as institutional caterers such as universities and colleges.

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SEP Announces Promotions

Monday, February 9th, 2015

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Scottish Equity Partners (SEP) has announced three promotions in its investment team.

Gordon Beveridge and Tony Robison will both take up the role of Director. Angus Conroy has been promoted to Senior Analyst.
Gordon Beveridge, based in SEP’s London office, is one of SEP’s most experienced investment executives, and has a particular focus on IT software and services businesses.

Tony Robison plays a key role in SEP’s energy investments. He has over 20 years commercial and financial experience, having held senior management and board positions in a number of high growth, technology companies.
Angus Conroy has been with SEP for the last 3 years and his promotion reflects his increasing responsibilities within deal execution and support.

Calum Paterson, Managing Partner of SEP, said: “Our people, culture and values are integral to the excellent partnerships that we form with the entrepreneurs and management teams in the companies we invest in. I am delighted to announce these promotions, which underline the strength and depth of our investment team.”

Aridhia secures place on G-Cloud 6 framework

Tuesday, February 3rd, 2015

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World-leading health informatics company Aridhia has successfully been awarded a place on the UK Government’s G-Cloud procurement portal for a second term, making its analytics platform, data science services, and app development capability widely accessible to healthcare providers and research collaborations.

The G-Cloud framework enables healthcare organisations such as NHS Trusts and Clinical Commissioning Groups (CCGs) to procure cloud-based Software as a Service (SaaS) systems and applications on a monthly subscription basis. This enables users to access Aridhia’s platform – AnalytiXagility – without the need for costly infrastructure investment and lengthy installation time.

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Hot PRedictions: The trends that will shape PR in 2015

Monday, January 5th, 2015

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The first day back at work in January is the time for doing some forward planning. As well as updating our content calendars and project plans we’ve also been thinking about what might happen in our ever-changing industry over the coming year.

Having narrowed it down to four important areas, here are our top predictions:

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SEP expands investment team

Tuesday, November 11th, 2014

Following the recent launch of its new £135 million infrastructure fund, Scottish Equity Partners (SEP) is pleased to announce that Peter Bachmann and Andy Low are to join the firm as Director and Principal respectively. Both will work exclusively on the Environmental Capital Fund (ECF) with a key focus on originating and executing new investments along with fund management.

Peter was previously co-founder and director of the Environmental Infrastructure Development Company (EIDC) and brings significant specialist infrastructure investment and fund management experience from previous roles including at Secondary Market Infrastructure Fund (SMIF) and Land Securities Trillium. Andy was a partner with Melville Financial Partners LLP where he specialised in the provision of project finance advice for the renewable energy sector. A qualified chartered accountant, Andy was with PwC before moving into structured finance roles with Morgan Stanley.

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Anderson Strathern Asset Management Appoints Eamonn Mirner as Finance Director

Monday, September 29th, 2014

Wealth management firm, Anderson Strathern Asset Management, has announced the appointment of Eamonn Mirner to its financial services team. He takes up the position of finance director, and will play a pivotal role in setting the company’s operational and financial strategy.

Mirner brings with him 27 years of experience in the financial services industry. He previously held the position of chief financial officer at Ignis Asset management, with responsibility for both its Glasgow and London offices. More recently, he has worked with Standard Life Wealth and is head of fund administration at HSBC.

The appointment is the second in a series of high profile appointments made by the rapidly growing firm, cementing its place as Scotland’s leading boutique wealth management firm. In August 2014, Harry Morgan, joined as chief investment officer, leaving his post as head of private investment at Thomas Miller Investment Management.

In his new position, Mirner will take a leading role in targeting new markets including energy, technology entrepreneurs, law firms, and accountancy practices.

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Accountants will be replaced by robots by 2024 says ScotSoft speaker

Monday, September 29th, 2014

Artificial intelligence and machine learning are the tech trends that will have the biggest impact on our lives over the next ten years according to two of the panelists at ScotSoft 2014.

Speaking ahead of the event, which will include a forum on emerging trends, Gareth Williams, CEO of Skyscanner, and Greg Williams, executive editor of WIRED Magazine, highlighted artificial intelligence as the development most likely to radically change the way we live and do business.

“Artificial intelligence is going to have an enormous effect on our economy in the next decade,” says WIRED’s Greg Williams. “We’ve seen the effects of it in the manufacturing industry, and it’s going to start crossing over into some areas of white collar jobs like law and accountancy. We’re going to need to think carefully about how these changes will impact society.”

Artificial intelligence is just one of the emerging trends which will be covered by the high profile speakers at ScotSoft on Thursday 2 October. Organised by ScotlandIS, the trade body for the IT and digital technologies industry, ScotSoft is the premier event in the Scottish digital technology industries calendar. Due to increased demand for tickets, this year’s event will be held in the Edinburgh International Conference Centre.

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Alba Incubation to Showcase Fresh Batch of Startups at YCF 2014

Friday, September 12th, 2014

The Alba Incubation Service, a Scottish Enterprise funded project, is set to highlight the talent and innovation its clients have to offer at the annual Young Company Finance conference.

Now entering its 14th year, Young Company Finance seeks to bring together entrepreneurs and investors through a series of talks from industry professionals – investors, analysts and advisers. As part of the conference, around 20 early stage companies are to exhibit through the Young Company Showcase.

Five of Alba’s clients will present their exceptional business ideas to potential investors for the first time at this year’s event on Wednesday 17 September. Codbod, Bizvento, Ibisvision, iWise2 and PingGo will all look to demonstrate their business potential and ambition to a variety of investors in the hope of creating new partnerships and attracting investment support.

Ibisvision was set up in 2014 to complete the development of a unique software programme. The resulting application; RingOfSight, is used by optometrists, eye surgeons and hospital clinics to aid in the diagnosis and follow-up care of patients with glaucoma.

Responding to the increased desire for digitisation of business conferences, Bizvento have built an integrated event management platform. The programme provides organisers with tools for mobile content delivery, audience engagement and attendee networking both before and after the event.

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