Press Release
AzInTelecom, in collaboration with Gcore, has launched the AzInCloud platform
AzInTelecom, in partnership with Gcore, has launched the AzInCloud platform to provide advanced cloud computing services.
Azerbaijan, 8th May 2025 – AzInTelecom LLC, operating under the Azerbaijan Transport and Communications Holding (AZCON), has officially launched a partnership with Gcore, the global edge AI, cloud, network, and security solutions provider.
A partnership between AzInTelecom and Luxembourg-based company Gcore was officially announced at an event held in Baku. The event was attended by the management teams of both companies, representatives from technology firms, and other guests.
It was highlighted during the event that under this partnership, a wide range of advanced cloud services powered by cutting-edge tools are now available on AzInTelecom’s AzInCloud platform. Individual and corporate clients looking to benefit from modern cloud technologies can instantly access these services through the website AzInCloud.az. The actively operating platform offers users convenient management tools, a wide selection of operating systems, a cloud marketplace, monitoring services, and other key advantages.
AzInTelecom, in partnership with Gcore, has launched the AzInCloud platform to provide advanced cloud computing services. The initiative aims to boost digital infrastructure in Azerbaijan, offering scalable, secure solutions for businesses and public institutions across various industries.
Under this partnership, the AzInCloud platform will provide an expanded suite of cloud services equipped with modern tools. The event also emphasized that AzInCloud operates as a public cloud service based on a pay-as-you-go model. The portal is accessible to all—legal entities, small and medium-sized businesses, individual entrepreneurs, and private users. To use the service, customers can register at AzInCloud.az, make payments via bank card, and immediately start using the services.
Andre Reitenbach, CEO at Gcore, commented: “Digital sovereignty is not a luxury, but a strategic necessity. Together with AzInTelecom, we operate a sovereign cloud solution that gives Azerbaijan full control over its digital infrastructure – secure, transparent, and independent. This is the foundation for trust, resilience, and true digital autonomy.”
Farrukh Farajullayev, Chief Commercial Officer at AzInTelecom commented: “The main goal of the AzInCloud platform is to make modern cloud services accessible to everyone and to promote digital transformation in the business environment. We are proud to be the first company to create such a platform in Azerbaijan in partnership with Gcore, a leading European technology company.”
About AzInTelecom
AzInTelecom LLC is a state-owned company operating under Azerbaijan’s Ministry of Digital Development and Transport. It provides cloud services, data storage, and cybersecurity solutions to businesses, government bodies, and individuals. Through its AzInCloud platform, AzInTelecom supports the country’s digital growth by offering secure, flexible, and locally compliant technology services that are easy to access and use.
About Gcore
Gcore is a global edge AI, cloud, network, and security solutions provider. Headquartered in Luxembourg, with a staff of 600+ operating from ten offices worldwide, Gcore provides its solutions to global leaders in numerous industries. The company manages its own global IT infrastructure across six continents, with one of the best network performances in Europe, Africa, and LATAM, due to the average response time of 30 ms worldwide. Gcore’s network consists of 180+ points of presence around the world in reliable Tier IV and Tier III data centres, with a total capacity exceeding 200 Tbps.
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Media Contact
Organization: AzInTelecom
Contact Person: Murad A
Website: https://azintelecom.az/
Email: Send Email
Country:Azerbaijan
Release id:27370
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Press Release
Mayfair Southern Expands Institutional Offering Through Strategic Global Banking Partnership
London, United Kingdom, 4th December 2025, ZEX PR WIRE— Mayfair Southern, an FCA-regulated appointed representative (AR) specialising in structured and fixed-income investments, today announced a new strategic relationship with a leading international banking institution. The collaboration will enhance Mayfair Southern’s ability to deliver regulated bond and fixed-income opportunities to its growing client base of professional and high-net-worth investors.
While the bank’s identity has not been formally disclosed, it is understood to be a London-based institution with a strong international footprint and a long-standing presence across key emerging markets. The partnership is expected to broaden Mayfair Southern’s access to global credit markets, enabling the firm to source high-quality, institutionally originated fixed-income products within a transparent and regulated framework. “Fixed income has always been a cornerstone of disciplined investing,” said a spokesperson for Mayfair Southern. “Our new partnership strengthens our capacity to offer clients access to regulated bonds and structured products that meet the highest standards of due diligence, governance, and performance potential.” Delivering Regulated Fixed-Income Solutions Mayfair Southern’s platform focuses on providing investors with exposure to regulated bond issuances and other fixed-income instruments designed to deliver stability and predictable returns within a risk-managed structure. The firm works exclusively with authorised counterparties and approved product providers to ensure all offerings comply with FCA standards. This latest collaboration will enable Mayfair Southern to offer a wider range of investment-grade bonds, infrastructure-linked securities, and other interest-bearing instruments sourced through its partner’s extensive international network. “Institutional-quality fixed-income access is typically reserved for large investors,” the spokesperson added. “Our goal is to make those opportunities available to private and professional clients in a way that is both accessible and fully compliant.” Strengthening the Firm’s Global Reach By aligning with a global banking partner, Mayfair Southern aims to extend its distribution and research capabilities, improving its ability to identify yield opportunities across different credit environments. This partnership also enhances the firm’s ability to monitor and manage risk, using institutional-grade analytics and independent oversight to maintain transparency for investors. Industry commentators have noted that regulated firms offering fixed-income products play a vital role in today’s market, where investors are seeking predictable returns amid macroeconomic uncertainty. The combination of Mayfair Southern’s compliance-led approach and its partner’s international reach positions the firm to serve as a trusted conduit between capital markets and investors seeking stability. About Mayfair Southern Mayfair Southern is an FCA-regulated appointed representative providing bespoke investment solutions for professional investors, institutions, and high-net-worth clients. The firm specialises in regulated bonds, fixed-income instruments, and other structured investments designed to deliver transparent, risk-adjusted outcomes.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Mayfair Southern Expands Institutional Offering Through Strategic Global Banking Partnership
London, United Kingdom, 4th December 2025, ZEX PR WIRE— Mayfair Southern, an FCA-regulated appointed representative (AR) specialising in structured and fixed-income investments, today announced a new strategic relationship with a leading international banking institution. The collaboration will enhance Mayfair Southern’s ability to deliver regulated bond and fixed-income opportunities to its growing client base of professional and high-net-worth investors.
While the bank’s identity has not been formally disclosed, it is understood to be a London-based institution with a strong international footprint and a long-standing presence across key emerging markets. The partnership is expected to broaden Mayfair Southern’s access to global credit markets, enabling the firm to source high-quality, institutionally originated fixed-income products within a transparent and regulated framework. “Fixed income has always been a cornerstone of disciplined investing,” said a spokesperson for Mayfair Southern. “Our new partnership strengthens our capacity to offer clients access to regulated bonds and structured products that meet the highest standards of due diligence, governance, and performance potential.” Delivering Regulated Fixed-Income Solutions Mayfair Southern’s platform focuses on providing investors with exposure to regulated bond issuances and other fixed-income instruments designed to deliver stability and predictable returns within a risk-managed structure. The firm works exclusively with authorised counterparties and approved product providers to ensure all offerings comply with FCA standards. This latest collaboration will enable Mayfair Southern to offer a wider range of investment-grade bonds, infrastructure-linked securities, and other interest-bearing instruments sourced through its partner’s extensive international network. “Institutional-quality fixed-income access is typically reserved for large investors,” the spokesperson added. “Our goal is to make those opportunities available to private and professional clients in a way that is both accessible and fully compliant.” Strengthening the Firm’s Global Reach By aligning with a global banking partner, Mayfair Southern aims to extend its distribution and research capabilities, improving its ability to identify yield opportunities across different credit environments. This partnership also enhances the firm’s ability to monitor and manage risk, using institutional-grade analytics and independent oversight to maintain transparency for investors. Industry commentators have noted that regulated firms offering fixed-income products play a vital role in today’s market, where investors are seeking predictable returns amid macroeconomic uncertainty. The combination of Mayfair Southern’s compliance-led approach and its partner’s international reach positions the firm to serve as a trusted conduit between capital markets and investors seeking stability. About Mayfair Southern Mayfair Southern is an FCA-regulated appointed representative providing bespoke investment solutions for professional investors, institutions, and high-net-worth clients. The firm specialises in regulated bonds, fixed-income instruments, and other structured investments designed to deliver transparent, risk-adjusted outcomes.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Brandon, MB, 4th December 2025, ZEX PR WIRE, Multicurrency functionality is a valuable feature for businesses that deal with international clients, suppliers, or operations. It allows companies to manage transactions, invoices, and payments in multiple currencies, providing flexibility and accuracy in global trade. However, there are scenarios where a business may choose or need to remove multicurrency features from their accounting software, whether due to a change in business strategy, compliance issues, or software limitations.
Removing multicurrency support can have significant implications on how financial data is recorded and reported. Typically, once multicurrency is enabled in an accounting system, it becomes deeply integrated with the way transactions are handled. This includes currency conversions, exchange rate tracking, and foreign currency reporting. As a result, disabling or removing multicurrency support is not always straightforward and often requires careful planning.
One of the primary reasons a business might decide to remove multicurrency functionality is if it has ceased international operations or consolidated its activities to a single currency environment. This decision simplifies accounting processes by eliminating the need to track fluctuating exchange rates and reduces the complexity of tax reporting. However, businesses must ensure that all existing foreign currency transactions are properly reconciled before multicurrency is removed. This often involves settling outstanding balances, converting open transactions into the base currency, and finalizing any exchange gains or losses.
Another consideration is the impact on historical financial data. Some accounting software does not allow multicurrency to be turned off once enabled because it affects the integrity of past records. In such cases, the business may need to create a new company file or accounting database without multicurrency features and migrate their current financial data accordingly. This process can be time-consuming and requires attention to detail to avoid data loss or inconsistencies.
It is also important to consult with accounting professionals before making any changes to multicurrency settings. They can help assess the implications for tax compliance, reporting standards, and audit requirements. Furthermore, they can assist with reconciling foreign currency transactions and ensuring that financial statements remain accurate and compliant with regulatory guidelines.
In conclusion, removing multicurrency features from accounting software is a significant step that requires thorough evaluation and preparation. While it can streamline accounting processes for businesses operating exclusively in one currency, the transition must be managed carefully to preserve data accuracy and maintain compliance. Seeking expert advice and planning the removal process diligently will help businesses navigate this change successfully.
About QuickBooks Repair Pro
QuickBooksRepairpro.com is a leading QuickBooks File Repair and Data Recovery, QuickBooks Conversion, QuickBooks Mac Repair, and QuickBooks SDK programming services provider in North America, serving thousands of business users all over the world. With over 20 years of experience with Intuit QuickBooks, QuickBooksRepairpro.com assists QuickBooks users and small businesses with a variety of services and work with the US, UK, Canadian, Australian (Reckon Accounts), and New Zealand versions of QuickBooks (PC and Mac platforms).
For more information, visit https://quickbooksrepairpro.com/
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Mayfair Southern Expands Institutional Offering Through Strategic Global Banking Partnership
Mayfair Southern Expands Institutional Offering Through Strategic Global Banking Partnership
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