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Shootsta wins Software Award at Technology Excellence Awards

Its Shootsta Platform offers a global, one-stop-shop solution that allows anyone to create videos easily.

Recognising the contribution of a company's technology to make video creation more accessible and convenient for everyone, Singapore Business Review has merited the Software Award for Internet/New Media to Shootsta's video creation technology.

The Shootsta platform disrupts the video production industry by allowing anyone to create any type of video (video, animation, podcast, webinar) using advanced technologies like the first-ever, AI-based automated video (Shootsta Cast and Shootsta Elevate app for enterprises) and customised screen capturing.

Launched last year, Shootsta Platform allows users to:

  • Implement a Social Inspirations Library of curated video content that inspires users on what’s trending on the social scene.
  • Access premium stock images, video and music.
  • Improve collaboration tools to share work, review and approve work across teammates, departments and even stakeholders outside the platform in real-time.
  • Build dedicated workspaces for every organisation with unique URLs to keep data secure.
  • Enable users to create customised tutorials with the user's webcam or computer and easily transfer footage to Shootsta for professional editing.
  • Launch self-enrolment options to sign up, try and experience the company’s products in their own terms.

Thanks to their platform, Shootsta has helped more than 250 global brands to create their professional in-house videos, aligning with their business goals - all within the last five years.

Shootsta trains teams to plan videos and films and produce their footage using the latest camera equipment or mobile phone. Once ready, the video can be uploaded on Shootsta’s platform where their editors will fix and edit the videos. In just 24 hours, Shootsta’s team of Post-Production Editors can deliver corporate videos, animated explainers, pre-produced webinars and podcasts that are on-brand and professional every time.

Shootsta’s global team operates out of London, Sydney, San Diego, Singapore, Japan and Hong Kong. They work with over 250 clients globally, including Salesforce, GSK, LinkedIn, AXA, PayPal Deloitte and Coca-Cola.

The Technology Excellence Awards, presented by Singapore Business Review, was held via studio award presentations and video conferencing sessions throughout the second and third week of April.

This year’s nominations were judged by a panel consisting of Daryl Pereira, Head of Cyber at KPMG; Cheang Wai Keat, Partner, Consulting at Ernst & Young Advisory Pte. Ltd.; Henry Tan, Group Chief Executive Officer and Chief Innovation Officer at Nexia TS; Sivakumar Saravan, Senior Partner at Crowe Singapore; Cecil Su, Director, Head of Cybersecurity of BDO Singapore.

If you would like to join the 2022 awards and be acclaimed for your company’s exceptional technological innovations, please email Jane Patiag at jane@charltonmediamail.com.

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We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

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They failed to properly monitor individuals onboarded as advisors, directors. The Monetary Authority of Singapore (MAS) has reprimanded AIA Financial Advisers Private Limited (AIA FA), Prudential Assurance Company Singapore, Aviva Ltd. and Aviva Financial Advisers (Aviva FA) for breaches of requirements relating to risk management arrangements and the remuneration of supervisors. MAS also reprimanded Aviva FA’s CEO and director Chee Book Chai Lionel for his failure to discharge the duties of his office; and Peter Tan Shou Yi, a consultant engaged by Aviva, for accepting remuneration in breach of regulatory requirements, the regulator added in the press release. Singapore’s regulator revealed that it found numerous instances where remuneration was paid to supervisors in contravention of requirements under the Financial Advisers Act (FAA). These are related to the Balanced Scorecard requirements (BSC) for the sale of investment products, and the Spreading and Capping of Commissions requirements (SCC) for the sale of regular premium life policies. Under the BSC, supervisors’ and representatives’ variable income are determined with reference to the fulfillment of non-sales key performance indicators (KPIs); whilst under the SCC, insurers and FA firms are required to cap the variable income payable to representatives and supervisors in the first year and spread the remaining variable income payable over a prescribed period. AIA FA reportedly failed to review and assess the performance of its three managing directors (MDs) who were responsible for the supervision of conduct and performance in their respective agency groups, including sales and compliance standards. AIA FA also failed to assign BSC grades as well as determine and pay their remuneration in accordance with the BSC, and to cap and spread the MDs’ variable income in accordance with the SCC, MAS said. Meanwhile, Aviva was reprimanded for failing to put in place compliance arrangements to monitor Tan’s actions in Aviva FA. Aviva engaged Tan as a consultant from July 2016 to March 2020, to provide strategic advice on Aviva FA’s business. During this period, however, MAS said that Tan went beyond providing strategic advice and acted as a supervisor to Aviva FA’s representatives. Tan reportedly had frequent and direct interactions with Aviva FA’s representatives, including discussions on sales and compliance issues. By failing to put compliance arrangements, Aviva and Aviva FA contravened the Guidelines on Risk Management Practices–Internal Controls (RM Guidelines) and the Financial Advisers Regulations, respectively, according to MAS. “Mr. Tan had acted as a supervisor of Aviva FA by virtue of his roles and responsibilities in the firm, but Aviva FA failed to review and assess Mr. Tan’s performance, assign a BSC grade to him, and determine and pay his remuneration in accordance with the BSC. Aviva also failed to cap and spread his variable income in accordance with the SCC. In accepting such remuneration, Mr. Tan also breached the SCC,” MAS said in a press release. In relation to the above, MAS also reprimanded Aviva FA CEO and director Chee for his failure to ensure that Aviva FA put in place arrangements to monitor Tan’s activities. According to MAS, Chee did not properly address the issue of poor conduct of Aviva FA’s representatives, which included misrepresentations to customers regarding the nature and features of certain insurance products. This is despite MAS’ repeated supervisory engagements with Aviva FA between August 2017 and September 2018 over the sales conduct of its representatives; the regulator said that even after these engagements, the measures put in place by Aviva FA to address these issues remained inadequate. MAS said that it has since directed Aviva FA to appoint independent external persons to reportedly conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place. Meanwhile, Prudential was reprimanded for failing to review and assess the performance of three individuals--which the firm referred to as Master Group Agency Manager (MGAM) Leaders and a consultant-- it had appointed as supervisors. Prudential also failed to assign BSC grades to these three individuals, as well as determine and pay their remuneration in accordance with the BSC requirements. Prudential also breached the RM Guidelines as it failed to put in place adequate risk mitigation procedures and compliance arrangements to monitor the MGAM Leaders’ and Consultant’s activities, MAS said.
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