ENTERS AI-DRIVEN RESEARCH DISTRIBUTION AGREEMENT WITH THOMSON REUTERS
AnalytixInsight Inc. (ALY.V) has entered into a distribution agreement with Thomson Reuters Corp. whereby Thomson Reuters will distribute financial research reports created by AnalytixInsight's artificial intelligence platform to customers on its financial desktop applications Eikon and Thomson One. This allows Thomson Reuters to offer unique AI-based financial research and increased content coverage of publicly traded issuers.
As part of this agreement, Thomson Reuters will supply financial data to AnalytixInsight, and distribute content generated by AnalytixInsight's machine-learning platform, which will be distributed to clients and third parties.
AnalytixInsight's machine-learning financial portal, CapitalCube, provides comprehensive company analysis and on-demand fundamental research on over 50,000 global equities and North American ETFs. CapitalCube algorithmically generates insightful analysis, transforms numeric data into narratives and distributes content to leading financial partners. AnalytixInsight's subsidiary, Marketwall, has developed a mobile stock trading app which carries CapitalCube's content allowing users to analyze companies and trade stocks within the same app. Marketwall is a Samsung partner in Europe, and the Marketwall app is currently being integrated with Intesa Sanpaolo, Italy's leading bank.
Gord Wright, account director, and Vlasios Halicoglu, enterprise solutions at Thomson Reuters, commented: "Thomson Reuters is committed to increasing access to small and mid-cap equity research on our platforms. By working together with the team at AnalytixInsight, our clients will have on-demand research reports to drive further value in their investing and trading decisions."
Prakash Hariharan, chief executive officer, AnalytixInsight, commented: "Adding Thomson Reuters as a content distributor is a milestone achievement for us. They are the world's leading information provider in financial markets, and we are very pleased to be their partner."
About Thomson Reuters Corp.
Thomson Reuters is the world's leading source of news and information for professional markets. Its customers rely on it to deliver the intelligence, technology and expertise they need to find trusted answers. The business has operated in more than 100 countries for more than 100 years.
AnalytixInsight's artificial intelligence platform transforms data into knowledge. AnalytixInsight's on-line portal CapitalCube algorithmically analyzes market price data and regulatory filings to create insightful, actionable narratives and research on approximately 50,000 global companies and exchange-traded funds, providing high-quality financial research and content for investors, information providers, finance portals and media.