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AnalytixInsight Inc V.ALY

Alternate Symbol(s):  ATIXF

AnalytixInsight Inc. is a Canada-based data analytics and enterprise software solutions provider to institutions across various industries. The Company develops and markets cloud-based platforms providing financial content, stock trading, and research solutions for banks, brokers, and investors in the financial services industry. It provides financial research and content for investors, information providers, finance portals and media through its online portal www.capitalcube.com and through its institutional partner Connect platform (collectively referred to as the data services and artificial intelligence business segment). The Company holds a 49% interest in MarketWall S.R.L. (MarketWall), a developer of fintech solutions for financial institutions in Italy. As part of its business-to-consumer (B2C) offering, MarketWall has deployed InvestoPro (InvestoPro), a European online digital trading platform which allows retail investors to trade stocks, bonds, and derivatives.


TSXV:ALY - Post by User

Post by uppermost10on Apr 20, 2021 7:14pm
149 Views
Post# 33034132

Release from Sophic Capital

Release from Sophic Capital

Sophic Capital Editorial: 

Intesa Sanpaolo, AnalytixInsight and MarketWall Announce Launch of European Online Broker


The editorial below was written by Sophic Capital
(Link to editorial)

 

Intesa Sanpaolo customers now have access to AI-enabled online trading.

Earlier today, Intesa Sanpaolo [MILAN:ISP], one of the soundest and most profitable banks in Europe with a nearly €45 billion market capitalization, issued a joint press release with AnalytixInsight [OTC:ATIXF, TSXV:ALY], and MarketWall, introducing MarketWall’s recently-licensed online digital trading platform, InvestoPro. The announcement was made by Intesa Sanpaolo and AnalytixInsight. Recall, MarketWall is a Fintech provider co-owned by AnalytixInsight (49% ownership) and Intesa Sanpaolo (33% ownership). MarketWall developed InvestoPro as its 100%-owned digital discount brokerage subsidiary.

According to the press release, Intesa Sanpaolo customers will have the opportunity to access InvestoPro with their Intesa Sanpaolo credentials. We expect InvestoPro to be the preferred online broker solution within Intesa Sanpaolo’s mobile banking app constellation, which is comprised of 6.5 million users today. The InvestoPro sign up page, offers preferred pricing to all customers that have a bank account at Intesa Sanpaolo, signalling the strong marketing tie-in between the InvestoPro platform and Intesa Sanpaolo.

As a result of this launch, Intesa Sanpaolo’s marketing, and MarketWall’s relationship with Samsung, we expect InvestoPro awareness to increase significantly, which over time, should help to grow the platform’s subscribers.
To date, InvestoPro.com has organically garnered a community of over 2.5 million global visitors per month through various channels, including its website, social network, smart TV, mobile app, and progressive web app. InvestoPro, which recently received regulatory approval from CONSOB (Commissione Nazionale per le Societ e la Borsa), the Italian financial markets regulator, is an online and digital trading platform that includes financial analysis, news, research, educational content and other exclusive content created by teams of experts with the aid of artificial intelligence solutions provided by AnalytixInsight.  


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