RCS - Insig AI Plc - New client win and additional sales prospects

Insig AiAnnouncement

20/05/2025 07:00

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RNS Number : 3066J  Insig AI Plc  20 May 2025

This is a Reach announcement and the information contained is not considered
to be material or to have a significant impact on management's expectations of
the Company's performance.

 

 

Insig AI plc

("Insig AI", the "Company" or the "Group")

 

New client win and additional sales prospects

 

Insig AI plc (AIM:INSG), the data science and machine learning solutions
company, is pleased to announce it has secured a new client win from a
London-based asset manager with assets under management of more than £1
billion.

 

The client specialises in European credit investments and has entered into a
commercial agreement with Insig AI that includes both a licence fee and an
annual retainer. Whilst the initial contract is not material from a revenue
perspective, both parties have already identified areas across the client's
investment process where Insig AI's technology can add value, providing scope
for a broader long-term relationship.

 

This win utilises Insig AI's data infrastructure framework. This is a scalable
data solution that provides the basis for asset managers to seamlessly grow
their asset base and position them to readily utilise AI tools within their
business.

 

We are also pleased to report that the Company is now generating multiple
qualified sales leads that can result in significant new business.

 

 

Richard Bernstein, CEO of Insig AI, commented:

"We are delighted to have closed another piece of business with a new client
that is harnessing the power of technology to enable it to grow its top line.
This win reinforces the relevance of our offering. We are also pleased to
report on multiple new sales opportunities."

 

For further information, please visit www.insig-ai.com
(http://www.insig-ai.com) or contact:

 

Insig AI plc

Richard Bernstein, CEO
 
richard.bernstein@insg.ai

 

 

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