US Business News Q2 2020
US BUSINESS NEWS / Q2 2020 5 NEWS , Based in the United States, Mr. Joachim brings over forty years of leadership experience across not for-profit, governmental and cor- porate organizations, with a spe- cific focus on financial technology and innovation. He joins GLEIF from the Financial Industry Regu- latory Authority (FINRA), where he was Executive Vice President of Transparency Services. Mr. Joachim has held leadership, Board and advisory roles across a number of young and mature organizations, including Merrill Lynch, Smart World Productions, Plural, the Stevens Institute of Technology Hanlon Financial Systems Center, the U.S. Treas- ury Financial Research Advisory Committee, U.S. Commodity Futures Trading Commission Technology Advisory Committee and the International Forum for Investor Education. He has also sat on the Board of Governors for the Philadelphia Stock Exchange and the Board of Directors of Merrill Lynch Specialists, Inc. In his new role, Mr. Joachim will chair the Board that oversees GLEIF’s strategic direction and stakeholder interests at a pivotal time for the organization, as it evolves the Global Legal Entity Identifier (LEI) System to support broader adoption of the LEI across the public and private sectors worldwide. An immediate priority will be to support GLEIF’s close collaboration with the glob- al banking community to achieve significant benefits of wider LEI usage in banking beyond regula- tory reporting, and the use of the LEI as a foundation for digitizing unique organizational identities under a regulatory umbrella. His appointment follows the recent opening of GLEIF’s representative office located in New Jersey, USA, to further strengthen GLEIF’s pres- ence in North America, bringing the organization closer to public and private stakeholder groups across industries in the region. “There has never been a more im- portant time to advocate trust and transparency across economic markets, to promote growth and GigabitNow, a division of IsoFusion, a leading provider of Internet access and IT services on the west coast of the United States, recently announced that it has activated connectivity and began delivery of Gigabit Internet services to the res- idents and businesses of the city of Fullerton, California. GigabitNow is now providing Gigabit Internet ser- vices to the city of Fullerton through the FiberCityTM fiber network project. The GigabitNow fiber-op- tic network will provide incredibly fast, consistent Internet speed and reliability to the entire Fullerton, California community. GigabitNow continues its efforts to meet the demand for fast, affordable Internet connectivity to communities of all sizes with Internet services that scale to today’s growing needs. GigabitNow offers Fullerton residents a 250Mbps symmetrical Internet plan for just $60 a month and 1Gbps symmetrical Internet service for only $79, while business Internet service starts at $99 for a 1Gbps symmetrical service. Giga- bitNow makes it easy to sign-up with no prepayment requirement or a charge for equipment or start-up costs. In addition to 100% fiber Internet connectivity, GigabitNow is offering managed Wi-Fi solutions, state of the art WiFi 6 equipment, mobile app controls, telephone services, and a full suite of IT solu- tions for enterprise and business customers who need national con- nectivity, cloud solutions and more. “We are proud to make available to- day fast, 100% fiber Internet service, without artificial limits or slowdowns, to the residents and businesses of Fullerton,” said Stephen Milton, CEO of GigabitNow. “GigabitNow’s fiber Internet options allow everyone to easily order fast and reliable Internet connectivity, which has become so important to our daily lives today more than ever.” With the activation of the city of Fullerton network, GigabitNow adds another network to its growing list of west coast communities served by fast, affordable Gigabit Fiber Internet that surpasses the Internet speeds and reliability of incumbent providers. Gigabit Internet service installations for both residential and business locations in Fullerton start today with the continued build-out to the entire city over the next 14 months. GigabitNow’s activation of fiber Internet broadband service to the city of Fullerton is the start of Gi- gabitNow’s larger southern California deployment efforts with expansion into additional area communities expected within the next year. GigabitNow’s entry into the southern California market is in addition to its established networks in northern California, Oregon, and Washington state, all designed and built to meet today’s demands for Internet connec- tivity with scalability in the future. GigabitNow connects communities to their fiber Internet future, handling all aspects of planning, design, construction, operation, and support of broadband services. Delivering custom solutions that match the uniqueness of America’s large and small communities, GigabitNow partners with every community it works with, working alongside com- munity leaders providing out-of-the- box approaches and fiber network solutions that fit the unique needs of the community. The residents and businesses of Fullerton, California, will receive fast, reliable, Internet free from privacy worries or service constraints, just like all of Gigabit- Now’s other networks. No throttling, bandwidth caps, boosting, or hidden fees, just fast, reliable fiber Internet - it’s Internet How It Is Meant To Be. Gigabit Fiber Internet Services Are Live! GigabitNow activates Gigabit Fiber Internet services in Fullerton, California. The firm is delivering its services to the city of Fullerton, continuing efforts to connect communities to their fiber internet future. stability,” says Mr. Joachim. “In just six years, GLEIF has made tre- mendous progress in establishing the LEI as a globally recognized, universal solution to the challenge of establishing borderless trusted identities for legal entities. As a result of this success, the LEI has a vital role to play as the world becomes increasingly digital. I am inspired by and committed to GLEIF’s vision: to deliver one trusted unique global identifier for each business. I look forward to working with my GLEIF colleagues to achieve that goal.” Mr. Joachim adds, “On behalf of the Board, I would like to thank our founding and former Chairperson, Gerard Hartsink, for his commit- ment, vision, and many years of successful and dedicated service to launching and building GLEIF. His leadership, guidance and close partnership with the Board colleagues and the GLEIF team has made the LEI what it is today.” Stephan Wolf, GLEIF CEO, com- ments: “The huge contributions that Steve has made to the global financial and regulatory worlds, and the experience and knowledge that he has derived from his prior positions, makes him a hugely prized and well-respected addition to the GLEIF team. With his expert guidance and industry contacts, the Global Legal Entity Identifier System will continue to grow in line with increasing LEI issuance volumes. I very much look forward to our future collaboration.” Mr. Wolf continues, “I also extend my sincere gratitude to Gerard Hartsink for his unwavering sup- port and commitment to GLEIF and the LEI over the last six years. Under Mr. Hartsink’s lead- ership and through the ongoing dedication of our partners, GLEIF has made tremendous progress while navigating the dynamics of an ever-changing regulatory and technological environment. Today, the LEI is a recognized global standard for business pro- cesses and reporting purposes in many jurisdictions.” This appointment follows the departure of Gerard Hartsink who held the position of GLEIF Chairperson since June 2014.
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