US company New Jersey Resources (NJR), the natural gas and renewable energy supplier that owns New Jersey Natural Gas, has named Patrick Migliaccio as treasurer with immediate effect. He will be responsible for the leadership and management of the corporate finance and accounting functions, including treasury and investor relations.
Migliaccio joined NJR as controller of unregulated operations in April 2009 and was appointed corporate controller in January 2012. He has over 16 years’ experience in the energy industry and prior to NJR worked for Public Service Enterprise Group and NRG Energy, as well as other leading energy companies in New Jersey.
A cum laude graduate of Fairleigh Dickinson University, he holds a Master’s degree in business administration and a Bachelor’s degree in finance.
The US money market fund reforms came into effect in 2016 and are already dramatically shaping US fund industry with investors flooding out of prime funds and into government securities. While the reforms are similar, they are not the same. GTNews interviews Yeng Bulter, global head of the cash business at State Street Global Advisors on the differences.
The top five sectors Asian fintech investors are interested in are data analytics, blockchain, lending, payments and regtech, according to Gary Hwa, EY regional managing partner.
On the third day of the Singapore Fintech Festival conference, there was a focus on specific applications of fintech innovation. One was trade finance, which is clearly is ripe for a revolution.
Kicking off day two of the Singapore Fintech Festival, Deloitte Chairman David Cruikshank said that fintech is significant for three reasons. First, customer expectations of services are higher than ever. Second, barriers to entry are lower than before. And finally, financial institutions (FIs) face a threat of what a competitor might do.