TORONTO, May 16, 2018 (GLOBE NEWSWIRE) -- Artificial Intelligence company, AnalytixInsight Inc (TSX-V:ALY) (OTCQB:ATIXF) has entered into a distribution agreement with Thomson Reuters (TSX:TRI) (NYSE:TRI) 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.com, 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, CEO, 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.”
Thomson Reuters is the world’s leading source of news and information for professional markets. Our customers rely on us 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. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, visit www.thomsonreuters.com.
AnalytixInsight’s artificial intelligence platform transforms data into knowledge. Financial portal CapitalCube (capitalcube.com) algorithmically analyzes market price data and regulatory filings to create insightful, actionable narratives and research on over 50,000 global companies and ETFs, providing high-quality financial research and content for investors, information providers, finance portals and media.www.analytixinsight.com.
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
Certain statements in this news release are forward-looking, including statements regarding the distribution agreement between AnalytixInsight and Thomson Reuters. These forward-looking statements are based on certain assumptions and reflect AnalytixInsight’s current expectations. As a result, forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. There is no assurance that events described in any forward-looking statement will materialize. You are cautioned not to place undue reliance on forward-looking statements which reflect expectations only as of the date of this news release. Except as may be required by applicable law, AnalytixInsight disclaims any obligation to update or revise any forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.