TORONTO, ON – May 6, 2019 – Artificial Intelligence company, AnalytixInsight Inc. (“AnalytixInsight”, or the “Company”) (TSX-V: ALY; OTCQB: ATIXF) is pleased to announce the successful implementation and increasing usage of its AI-driven research distribution with Refinitiv.
AnalytixInsight completed system integration with Refinitiv during November 2018 and is now publishing AI-driven research reports on pre-revenue companies, which provide insightful analysis on the important financial metrics of pre-revenue companies such as working capital, burn rate, and financing activities.
The number of pre-revenue companies under coverage for Refinitiv has grown to 345 to date. AnalytixInsight and Refinitiv continue to expand the number of companies under coverage and collaborate on new reports, including worldwide companies that do not otherwise have traditional analyst research.
Vlasios Halicoglu, Enterprise Solutions at Refinitiv, commented, “We are very happy to see the positive momentum and increased usage of AnalytixInsight’s AI-driven research. The collaboration and partnership with AnalytixInsight has been developing very well and is adding true value for our clients by giving them access to additional research through our financial desktop applications Eikon and Thomson One.”
Prakash Hariharan, CEO of AnalytixInsight, commented, “We believe AI and analytics are the cornerstones of financial information in the future and we are very well positioned to capitalize on this industry development. Our platform has the scale to provide research reports on 50,000 companies, and together with Refinitiv we are continually improving the quality of our machine-created reports. We are proud to be a Refinitiv partner.”
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.
Refinitiv is one of the world’s largest providers of financial markets data and infrastructure, serving over 40,000 institutions in over 190 countries. It provides leading data and insights, trading platforms, and open data and technology platforms that connect a thriving global financial markets community - driving performance in trading, investment, wealth management, regulatory compliance, market data management, enterprise risk and fighting financial crime. For more information visit: www.refinitiv.com.
VP Corporate Development
ABOUT ANALYTIXINSIGHT INC.
AnalytixInsight Inc. is an Artificial Intelligence, machine-learning company. AnalytixInsight’s financial analytics platform CapitalCube.com algorithmically analyzes market price data and regulatory filings to create insightful actionable narratives and research on approximately 50,000 global companies and ETFs, providing high-quality financial research and content for investors, information providers, finance portals and media. AnalytixInsight also designs and implements Workforce Optimization solutions for large global enterprises. AnalytixInsight holds a 49% interest in Marketwall, a developer of FinTech solutions for financial institutions. For more information, visit AnalytixInsight.com.
This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the growth of the Company’s business operations; the use of the Company’s content by various parties; the Company’s ability to provide research on pre-revenue companies; the Company’s relationship with Refinitiv; and the Company’s future performance. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of AnalytixInsight Inc., as the case may be, to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the Company’s technology and revenue generation; risks associated with operation in the technology sector; ability to successfully integrate new technology and employees; foreign operations risks; and other risks inherent in the technology industry. Although AnalytixInsight has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. AnalytixInsight does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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.