AnalytixInsight
Announces InvestoPro
Has
Received
Regulatory
Approval as
Online
Financial Broker
TORONTO,
ON –
March
29,
2021
-- InvestorsHub NewsWire -- 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, and
Chaith
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
Development
AnalytixInsight
Scott.Urquhart@AnalytixInsight.com
Sophic
Capital
All@SophicCapital.com
(647)
670 1991
sophiccapital.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. Fintech.MarketWall.com
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