Artificial Intelligence company, AnalytixInsight Inc.
(“AnalytixInsight”, or the “Company”) (
TSX-V: ALY; OTCQB:
ATIXF), announces that InvestoPro SIM (“InvestoPro”), the
online financial broker of its FinTech affiliate, MarketWall, has
received regulatory approval from CONSOB (Commissione Nazionale per
le Società e la Borsa), the Italian financial markets regulator.
InvestoPro will allow users to trade stocks,
options, and derivatives in Italy and later in other European
countries. InvestoPro has been designed as a stock trading and
analysis platform that offers financial analysis, news, research,
and investor education content, to equip retail investors with
investing tools that are unparalleled in the industry. InvestoPro
is multi-device capable and available as native and progressive web
applications.
InvestoPro is a wholly-owned subsidiary of MarketWall, and its
board of directors is comprised of:Massimo Tessitore
(Chair): Head of Digital Channels - Branch Platform &
Digital Business Partner Commercial Banking, Private and Insurance
of Intesa Sanpaolo,Laura Stoduto: Compliance
Officer, Fideuram Asset Management SGR,Giuseppe
Attanà: Board Member of UBI Banca S.p.a., Board Member of
Intesa Sanpaolo Vita S.p.a.,Marco Roscio Ricon:
CEO of MarketWall and InvestoPRO,Luca Canevello:
Innovation Manager of MarketWall,Prakash
Hariharan: Board Chairman and CEO of AnalytixInsight,
andChaith Kondragunta: Board Member of
AnalytixInsight.
InvestoPro already draws an audience of over 2.5
million monthly users through all its channels and it has emerged
as a new financial content provider by offering users investment
information and editorial content designed to increase investor
knowledge. As a Samsung Electronics partner, MarketWall’s financial
apps are preloaded on certain Samsung devices in Europe. These
initiatives contribute to InvestoPro’s consumer brand awareness in
Europe and will benefit its launch.
The Company will be providing further updates on
the progress and launch of InvestoPro as developments occur.
For more information on MarketWall and InvestoPro visit
fintech.marketwall.com and investopro.com
Intesa Sanpaolo owns 33% of MarketWall and is
one of the top banking groups in Europe with approximately 11.8
million customers and approximately 3,700 branches throughout
Italy. It has emerged as Italy's first digital bank and is
investing 2.8 billion euros in a strategic plan to increase the
bank’s digitized business to 70%, with mobile being at the heart of
the digital ecosystem. S&P Global ranks Intesa Sanpaolo
as the 27th largest bank in the world by total assets.
CONTACT INFORMATION:
Scott Urquhart
VP Corporate
DevelopmentAnalytixInsightScott.Urquhart@AnalytixInsight.com
Sophic Capital All@SophicCapital.com(647) 670
1991sophiccapital.com/investment-ideas/AnalytixInsight
ABOUT MARKETWALL S.R.L.
MarketWall is a FinTech company focused on the
design and development of software solutions as part of a fully
integrated ecosystem of Smart Devices – Web, Mobile, Wearables, and
Smart TV. Our aim is to innovate methods to access financial
markets by combining technology, data, and user experience. We work
to empower market data experience and investment knowledge by
developing B2B and B2B2C multidevice platforms for major players in
the Financial and Technology industries. Our platforms cover 50,000
stocks and provide news, real-time quotes for EU and US markets,
and other financial content.
MarketWall is 49% owned by AnalytixInsight Inc.,
and 33% owned by Intesa Sanpaolo.
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. AnalytixInsight.com
Regulatory Statements
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 impact of InvestoPro on MarketWall’s
business, the features and capabilities of InvestoPro, the ability
for MarketWall or InvestoPro to launch as an online broker; 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
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