GOVERNMENT BUSINESS
CIT | September 08, 2021
CIT Group Inc. (NYSE: CIT) today announced that Eduard Vernède has joined the company as managing director in CIT's Aerospace, Defense & Government Services business.
In his new role, Vernède will largely be focused on CIT's lending activity to serve the multibillion-dollar government and defense contractor industry, as well as supporting the aerospace segment. His responsibilities will include developing new client relationships, identifying new target markets and ensuring outstanding customer support and satisfaction. His coverage territory will primarily focus on the Washington D.C. beltway region and adjacent areas.
"Eduard is an experienced and accomplished financial professional with demonstrated expertise in aerospace, defense and government services," said John Heskin, managing director and group head for CIT's Aerospace, Defense and Government Services business. "We look forward to his contributions as we reaffirm our commitment to supporting this vital sector."
"We are pleased to have Eduard join our team of seasoned bankers helping support our clients and growth in this dynamic industry sector," said David Harnisch, head of CIT's Commercial and Real Estate Finance business.
Vernède previously worked at Lloyds Banking Group, where he directed the company's aerospace and defense group in North America. Prior positions included roles at Royal Bank of Scotland and ABN AMRO.
CIT's Aerospace, Defense & Government Services group, part of the company's Commercial Finance division, provides integrated financial solutions for manufacturers, suppliers and service providers in the aerospace, defense, homeland security and government services markets.
About CIT
CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender). The company's commercial banking segment includes commercial financing, community association banking, middle market banking, equipment and vendor financing, factoring, railcar financing, treasury and payments services, and capital markets and asset management. CIT's consumer banking segment includes a national direct bank and regional branch network.
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Cyxtera | October 15, 2020
Cyxtera, a global leader in data center colocation and interconnection services, today announced the availability of its landmark Artificial Intelligence/Machine Learning (AI/ML) compute as a service offering for government agencies needing leading-edge infrastructure to power AI workloads. The first-of-its-kind offering in the market leverages the NVIDIA DGX™ A100 system and will be delivered via Cyxtera’s Federal services exchange platform, which is certified as FedRAMP Ready at the High Impact Level, from the company’s highly secure data centers in Northern Virginia and Dallas-Fort Worth.
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GOVERNMENT BUSINESS
Accela | November 02, 2020
Accela, the leading provider of cloud-based solutions for government, today announced its Fall 2020 Product Release, which includes the launch of its Civic Platform V20.2 and updates to Accela Citizen Access, GIS, and Accela Mobile. The release also introduces Accela Insights, a new data visualization tool that enables agency staff to create modern and interactive dashboards seamlessly, the Premium Citizen Experience powered by OpenCities, new Civic Applications for Service Request Management and Occupational Licensing, and more. These updates are focused on creating modern, intuitive user experiences for government and expand on Accela's suite of robust cloud solutions designed to help agencies respond to evolving citizen and business needs during times of crisis and beyond.
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