New ReleaseAnalytixInsight Announces Multi Year Revenue Licensing Relationship with Intesa Sanpaolo S.p.A for Marketwall
- Company in exclusive, multi-year licensing relationship with Intesa Sanpaolo, among the top banking groups in the Euro zone with a market cap of 54.2 billion euros (CAD $78 billion), to license Marketwall for its retail banking digital platform - Company will customize and integrate Marketwall with Intesa's new retail banking digital experience and offer Trading Services for Intesa's 11 million customers - The licensing revenue stream will comprise of a minimum of CAD $10 million over a five year period - As a part of the transaction, Intesa Sanpaolo has an option to invest and acquire a 33% stake in MarketWall for a potential future spinout as a separate entity