HData and Southern Company Announce AI Pilot Program to Revolutionize Utility Regulatory Data Management

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BIRMINGHAM, Ala., June 6, 2023 /PRNewswire/ -- HData, an innovative RegTech company and TechStars graduate, and Southern Company, a leading energy provider, today announced the launch of a pilot program to HData's unique artificial intelligence-based platform for managing regulatory data at electric and gas utilities. The pilot will explore the benefits of Regulatory AI in key subject areas that support departments such as Regulatory Accounting, Accounting, Finance, and Treasury.

Join HData and Southern Company here for a live conversation about Regulatory AI today, June 6, at 10 a.m. CDT and sign up for one week of free access to Regulatory AI here.

Southern Company subsidiaries Alabama Power, Georgia Power, Mississippi Power, and Southern Company Gas will be the first electric and gas utilities to utilize this revolutionary AI-based software, which will enable these companies to monitor compliance and risks across jurisdictions with confidence and ease.

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Sensydia Secures $3M NIH Grant to Advance AI-Based Cardiac Assessment Platform

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NIH STTR Fast-Track grant helps propel Sensydia’s non-invasive CPS platform building on recent funding round

LOS ANGELES, June 05, 2023--(BUSINESS WIRE)--Non-invasive cardiac diagnostic company Sensydia announced today that it was awarded a Fast-Track Small Business grant from the National Heart, Lung, and Blood Institute (NHLBI), part of the National Institutes of Health (NIH).

The award provides Sensydia with non-dilutive funding for the development and clinical testing of the machine learning algorithms for the Cardiac Performance System (CPS), designed to enable earlier detection and therapy guidance for patients with heart failure and pulmonary hypertension.

"We are honored to be a recipient of this competitive award from the NIH/NHLBI and look forward to unlocking the capabilities of AI-based cardiac assessment to provide personalized care to patients suffering from heart disease," said Aman Mahajan, MD, Sensydia Chief Medical Officer.

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Syndio partners with EDGE on pay equity analysis through PayEQ tool

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Collaboration offers compliant and scalable pay equity analysis for certification and regulatory compliance

A new partnership between Syndio and EDGE Certification is set to enhance Syndio’s flagship product, PayEQ, significantly.

The collaboration will allow customers to expedite their path to certification while promoting compliance with EDGE’s internationally recognised standards.

The move comes when companies face increasing pressure to address workplace and pay equity, enabling them to align with EU legislation and meet the requirements of various ESG indices.

DE&I heavyweights

Syndio is the world’s leading workplace equity analytics platform. EDGE, an acronym for Equity, Diversity, and Gender Equality, represents the preeminent global standard for diversity, equity, and inclusion (DE&I), focusing on gender and intersectional equity within workplaces. With over 250 large organisations in 55 countries and spanning 26 industry sectors, EDGE Certification has become widely embraced. EDGE also aligns with new EU legislation and receives frequent references from ESG indices.

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Coterie Insurance Opens New Markets with AI Insights from Planck

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Planck’s platform provides rapid insights that change the game for commercial insurance underwriting

NEW YORK, May 23, 2023 (GLOBE NEWSWIRE) -- Planck’s innovative AI platform is helping Coterie Insurance and its partners deliver instant business insurance — without taking on unanticipated risk exposure. A partnership-focused MGA, Coterie leverages data and technology to provide instant quoting and issuing of small business insurance policies.

Commercial insurance for small businesses requires expert underwriting and a thorough understanding of the unique challenges facing each business. Due to the high-risk and high-touch nature of underwriting this segment, writing small businesses has been historically unprofitable and untouchable.

“Through Coterie, our distribution partners can now access millions of small businesses because it finally makes sense to write small commercial insurance,” says Coterie Insurance Co-Founder and CEO David McFarland. “With our proprietary mix of data insights from vendors including Planck, we ask for just business name and address to deliver a bindable quote, cutting the quote to bind time by 98%.”

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