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Hola Prime Establishes Industry’s First Dedicated Risk Compliance Team

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2 months ago

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New York, NY – 30/12/2024 – (SeaPRwire) – Hola Prime is proud to announce that they have established the industry’s first dedicated risk compliance team. In an industry often scrutinized for its lack of oversight, Hola Prime is setting new benchmarks for fair, compliant, and secure trading environments. Unlike traditional brokerage firms, the proprietary (prop) trading industry remains largely unregulated, yet Hola Prime has proactively embraced self-regulation to instill confidence and trust among traders worldwide.

Leading this charge is Mr Ashutosh Sharma, Head of Risk and Compliance at Hola Prime. As a Chartered Accountant with extensive experience in audits and controls, Ashutosh has worked with EnY and gained a solid understanding of EU regulations during his tenure in Spain, bringing unmatched expertise to the firm’s operations. In his previous role, he led the Operations function for a Forex and CFDs Broker regulated in the EU (HCMC, Greece) and South Africa (FSCA), where he crafted policies and procedures for day-to-day operations, ensuring efficient processing and full compliance with regulatory requirements. This experience laid the foundation for his innovative approach at Hola Prime.

“We operate as though stringent regulations already exist. From daily cash flow monitoring to real-time order flow management, we leave no room for ambiguity. Our systems ensure payouts are planned a day in advance, with a robust 30-40% financial cushion to ensure seamless operations”, said Mr Ashutosh.

At the core of Hola Prime’s strategy lies meticulous financial planning and execution. Ashutosh and his team monitor cash reserves, liabilities, and exposure daily, ensuring payouts are timely and market exposure remains capped. This rigorous approach not only secures the firm’s financial health but also reinforces its reliability. Real-time order flow management further streamlines operations, ensuring trades transition from simulated accounts to live markets in under two minutes. This process minimizes risk exposure while optimizing performance – a critical aspect of Hola Prime’s commitment to trader success.

Hola Prime also stands out with its Price Transparency Report, a tick-by-tick comparative analysis between market prices and those provided by its liquidity partners. This innovation empowers traders to independently validate trades, holding Hola Prime accountable to the highest standards. “The Price Transparency Report is as essential for us as it is for our traders. It ensures our liquidity providers deliver prices aligned with the market – building accountability at every level,” Mr Ashutosh explains.

Technology forms the backbone of Hola Prime’s operations. From real-time order flow to generating detailed reports, its advanced IT infrastructure ensures flawless execution and reliability. Parallel simulated environments and regular system checks safeguard processes, offering traders peace of mind as they invest their hard-earned capital. The firm also implements stringent KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures to prevent fraudulent activities. Mr Ashutosh’s team ensures all funds are clean, traders are genuine, and accounting practices remain transparent and compliant.

“Traders trust us with their time and money. It is our responsibility to provide visibility into our systems and processes. Transparency is the foundation of trust, and we are committed to building an environment where traders can thrive without worry,” Mr Ashutosh emphasizes.

By combining transparency, innovative technology, and robust risk management, Hola Prime is redefining industry standards. Its self-regulated model demonstrates that accountability and fairness can coexist with growth – providing traders with the confidence they need to succeed. For those seeking a trustworthy, compliant, and technologically advanced prop trading firm, Hola Prime stands as a pioneer.

About Hola Prime

Hola Prime is a leading global proprietary trading firm with a strong presence in the UK, Hong Kong, Cyprus, Dubai, and India. Renowned for its commitment to transparency, Hola Prime serves prop traders across 175+ countries, offering access to over 50 trading instruments. The firm is dedicated to empowering traders with real-time risk management, advanced technological infrastructure, and a secure trading environment. Committed to fairness and trust, Hola Prime ensures seamless payouts, robust compliance, and a reliable trading experience. With multiple trading platforms and a focus on bringing freshness to the prop trading industry, Hola Prime is redefining the future of trading.

Social Media

Facebook: https://www.facebook.com/profile.php?id=61565158992654

Instagram: https://www.instagram.com/holaprime_global/

YouTube: https://www.youtube.com/channel/UCtVEJa1Ml132Be7tnk-DjeQ

LinkedIn: https://www.linkedin.com/company/hola-prime/?viewAsMember=true

X: https://x.com/HolaPrimeGlobal

Discord: https://discord.gg/TJ7TcHPXBf

Quora: https://www.quora.com/profile/HolaPrime/

Reddit: https://www.reddit.com/user/HolaPrime/

Medium: https://medium.com/@social_46267

Media contact

Brand: Hola Prime

Contact: Media team

Email: marketing@holaprime.com

Website: https://holaprime.com/

 

The article is provided by a third-party content provider. SeaPRwire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith.

Sectors: Top Story, Corporate News

SeaPRwire provides real time press release distribution for companies and organizations to 6,500+ media outlets & 3.5 million professional desktops in 90 regions. It distributes press releases in different languages, including: IndonesiaFolk, IndoNewswire, SEATribune, IDNewsZone, LiveBerita, DailyBerita, TaiwanPR, SinchewBusiness, AsiaEase, BuzzHongKong, SingapuraNow, TIHongKong, TaipeiCool, TWZip, AsiaFeatured, dePresseNow, THNewson, KULPR, VNFeatured, MENAEntry, HunaTimes, DubaiLite, ArabicDir, BeritaDaring, TekanAsia, JamKopi …

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Press Release

5G-A Empowering, AI Transforming, Digital Living: UniCom Showcases Digital Innovations at MWC 2025

Published

21 hours ago

on

March 9, 2025

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On March 3, 2025, at MWC 2025, UniCom presented its latest digital intelligence innovations under the theme “5G-A Empowering, AI Transforming, Digital Living”, showcasing a powerful vision for the future of connectivity. The company highlighted advancements in AI capabilities and applications, innovations in network technology that embrace open capabilities, and the extension of these open capabilities to facilitate global digitalization, demonstrating everything from blazing-fast 10Gbps+ 5G-A speeds to the transformative potential of AI-powered networks and satellite connectivity.

UniCom’s UniAI “1+1+M” Large Language Models (LLMs) System and trusted data resource space took center stage. With its extensive model library, robust intelligent toolkit, and thriving native application store, it provides unparalleled intelligent services for sectors ranging from public services and healthcare to education and cultural heritage.

Based on the “AI Family Cloud” smart home platform, UniCom highlighted three key products: the UniCom Cloud Smart Phone, which integrates leading AI models like UniAI and DeepSeek, combining AI, entertainment, and gaming ecosystems catering to personal and family needs; the UniCom Home Security service, offering AI-powered features like intelligent alerts and customer flow statistics to provide comprehensive security across homes, businesses, cities, and rural areas; and the UniCom Cloud Drive, which redefines digital asset management with AI capabilities such as AI photo editing, old photo restoration, and group photo search.

UniCom is developing “Tone,” an intelligent digital assistant built on its AI service platform. It will provide users a seamless experience across various devices, from smart TVs to smartphones.

Leveraging the UniAI Cultural and Creative LLM, UniCom showcased two key offerings at MWC Barcelona: the “Smart Clothing Cultural and Creative Interactive Experience Platform” and the “Cloud Exhibition of Chinese Civilization,” co-developed with the National Museum of China. The latter featured a virtual tour guided by the digital docent, AI Wenwen, offering visitors an immersive journey through Chinese history and culture.

In the transportation and low-altitude economy sectors, UniCom’s 5G+AI Smart Travel Service System, based on a collaborative “people, vehicle, road, network, edge, cloud” architecture, enables intelligent ride-hailing, driving, and parking, enhancing the user travel experience. UniCom also highlighted its globally pioneering 5G panoramic remote-control drone, offering immersive perception, real-time control, and user-friendly operation, alongside its compact Leading Navigator phased array satellite antenna and Low-Altitude Security Supervision Platform.

For the smart home, UniCom presented its upgraded Hi-CON communication system, which deeply integrates optical access networks with Wi-Fi to improve home network performance and user experience significantly, catering to demands for high-speed, stable, and intelligent connectivity.

At MWC, UniCom partnered with GSMA and other collaborators to launch the global “AI+5G-A+eSIM” All-Time-Space Connectivity Industry Alliance. This alliance aims to foster an open collaborative ecosystem, providing all-time connectivity services and channel support for a wide range of AI-powered devices.

UniCom supports over 150 eSIM-enabled products. By harnessing eSIM’s technical advantages—compact size, waterproof design, and over-the-air provisioning—UniCom and its partners deliver secure and convenient eSIM services.

The AI All-Time-Space Connectivity Terminal showcased three proprietary AI-powered smart terminals: AI Tone, AI eSIM tablet, and VS057 smart router. Also on display were partner devices from the “AI+5G-A+eSIM” alliance. Powered by UniCom’s UniAI LLMs System, these devices cater to smart office, home, and health applications, addressing core family needs with a user-friendly experience.

In collaboration with GSMA, UniCom showcased its progress with Open Gateway. It has opened over 90 network APIs across six categories, including anti-fraud and location services, enabling applications like cross-border connectivity and live streaming. UniCom has built a collaborative ecosystem with over 40 global partners.

Building on the world’s first and largest 5G Standalone (SA) co-construction and sharing network, UniCom has achieved a nearly tenfold increase in 5G application connectivity. Utilizing a centralized “platform+ application” approach, UniCom is streamlining network operations, and empowering over 120 intelligent scenarios.

UniCom is accelerating its 5G-A deployment and spearheading its 5G-A integration into industrial applications, particularly manufacturing, its targets is over 10,000 commercial 5G factories by 2025.

Contributing to the “Internet 2030 Innovation Cooperation Program,” UniCom demonstrated breakthroughs like AI large model compute-storage separation and long-distance Remote Direct Memory Access (RDMA) lossless transmission.

 

The Global Digitalization Zone showcased UniCom’s latest achievements and service capabilities across the globe.

UniCom’s international network layout, characterized by “east-west mutual support, north-south mutual backup, land-sea coordination, and robust connectivity,” functions like a global information superhighway. It breaks down geographical barriers with its high-quality, low-latency connectivity capabilities. The UniCom Intelligent · Cloud Data Center interconnects with the resource pools of more than 50 global cloud providers, delivering high-quality computing power networks, data center services, and integrated cloud-edge solutions. This empowers global enterprises with seamless cloud collaboration.

A digital smart park demonstrated digital solutions across various scenarios, from AI-managed traffic flow to meeting room networks. Intelligent warehouse robots, using high-precision algorithms, achieve a picking error rate of 0.1%, enhancing logistics efficiency. At a 5G fully connected factory in Thailand, UniCom’s 5G private network enables millisecond-level data exchange across 5,000 devices, slashing fault response to seconds and elevating intelligent manufacturing.

 

At MWC Barcelona 2025, UniCom showcased its digital innovation prowess. Under digital civilization, UniCom will collaborate with global partners via an open ecosystem and cutting-edge technologies to shape the future of an intelligent world.

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Downgrading Sage 50 Quantum a strategic decision for businesses looking to cut costs or simplify accounting operations

Published

1 day ago

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March 8, 2025

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Brandon, MB, 8th March 2025, ZEX PR WIRE, Sage 50 Quantum is a robust accounting software designed for medium to large-sized businesses, offering advanced features like customizable reporting, advanced inventory management, and multi-user access. However, there may be times when a business decides to downgrade to a lower-tier version of Sage 50 due to budget constraints, business needs, or software complexity.

Sage 50 Quantum comes with a higher price tag due to its advanced features and capabilities. Small businesses or businesses with fewer users might find it more cost-effective to downgrade to a version like Sage 50 Premium or Sage 50 Pro. As businesses grow, their accounting needs may change. Some companies may no longer require the extensive features of Sage 50 Quantum, making a downgrade to a simpler version more appropriate for their current needs.

With a simpler version, businesses can reduce unnecessary complexity and streamline operations, making it easier for smaller teams to manage accounting tasks.

Evaluate Business Needs: Before proceeding with a downgrade, assess whether the features offered in a lower-tier version meet your business’s needs. Ensure that you won’t lose important functionalities like multi-user support or advanced reporting.

It’s crucial to back up all your data before initiating a downgrade. This ensures that you won’t lose any critical financial information in the process. Select the version that best suits your needs. Sage 50 Premium offers a balance of advanced features and user access, while Sage 50 Pro may be more suitable for smaller businesses with simpler accounting needs.

When downgrading, some advanced features and customizations might not be compatible with the lower-tier version. It’s important to carefully transfer your data, adjusting for any limitations that come with the downgrade.

Once the downgrade is complete, thoroughly test the software to ensure everything is functioning properly. Check reports, transactions, and integrations to ensure the new version meets your expectations.

A Sage 50 Quantum downgrade can be a strategic decision for businesses looking to cut costs or simplify their accounting operations. However, it’s important to carefully evaluate your needs, back up your data, and choose the appropriate version to ensure a smooth transition. By understanding the limitations and benefits of the downgrade process, businesses can continue to manage their finances effectively without sacrificing essential features.

Visit https://e-tech.ca/Sage-50-Quantum-Downgrade-Service.aspx for more information.

About E-Tech

E-Tech is the leading service provider of QuickBooks File Repair, Data Recovery, QuickBooks Conversion and QuickBooks SDK programming in the UK and Ireland. In our 20 years plus of experience with Intuit QuickBooks, we have assisted over a thousand satisfied customers with their requirements.

We offer a range of services for existing QuickBooks users and provide comprehensive solutions for small businesses. Additionally, our expertise covers the US, UK, Canadian, Australian (Reckon Accounts), and New Zealand versions of QuickBooks (PC and Mac platforms).

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Transitioning from Sage 50 US to QuickBooks: A Guide

Published

1 day ago

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March 8, 2025

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Brandon, MB, 8th March 2025, ZEX PR WIRE, For businesses looking to switch accounting software, migrating from Sage 50 US to QuickBooks is a popular choice. Both are powerful accounting tools, but QuickBooks offers a more user-friendly interface, enhanced customer support, and a wide range of features suitable for growing businesses. 

QuickBooks is known for its intuitive design and ease of use. For small and medium-sized businesses, it offers a more straightforward setup and operation compared to Sage 50, which can be more complex.

QuickBooks offers both desktop and cloud-based versions. The cloud version allows for real-time data access, automatic backups, and seamless collaboration between teams, which can be a huge advantage over Sage 50’s more traditional, desktop-only setup.

QuickBooks provides advanced reporting tools that are easy to use, enabling businesses to gain better insights into their financial performance. This is particularly beneficial for businesses that need accurate and real-time data for decision-making.

As your needs evolve, you can upgrade to more advanced versions to handle increasing complexities.

Before making the transition, assess the data you need to transfer. This includes accounts, customers, vendors, transactions, and other financial details. Ensure that your Sage 50 data is clean and up to date to minimize complications during migration. QuickBooks offers several versions—QuickBooks Online, QuickBooks Desktop, and QuickBooks Enterprise. Choose the version that best fits your business size and needs.

QuickBooks provides a Sage 50 to QuickBooks conversion tool to help with the transfer process. These tools can simplify the migration by automating the import of accounts, customers, and financial data from Sage 50 to QuickBooks.

After the migration, carefully check your data to ensure it has been imported correctly. Reconcile accounts to make sure balances match between Sage 50 and QuickBooks. QuickBooks has a different interface and workflows compared to Sage 50. Make sure your team is trained on the new system to ensure a smooth transition and continued productivity.

Migrating from Sage 50 US to QuickBooks can streamline your accounting processes and offer more flexibility as your business grows. By evaluating your needs, selecting the right version of QuickBooks, and utilizing migration tools, you can make the transition more efficient and less stressful. With the right planning, the switch can enhance your business’s financial management, improving both operational efficiency and decision-making.

About E-Tech

E-Tech is the leading service provider of QuickBooks File Repair, Data Recovery, QuickBooks Conversion and QuickBooks SDK programming in the UK and Ireland. In our 20 years plus of experience with Intuit QuickBooks, we have assisted over a thousand satisfied customers with their requirements.

We offer a range of services for existing QuickBooks users and provide comprehensive solutions for small businesses. Additionally, our expertise covers the US, UK, Canadian, Australian (Reckon Accounts), and New Zealand versions of QuickBooks (PC and Mac platforms).

About Author

Cloud PR Wire

See author's posts

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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