RCS - Insig AI Plc - Partnership agreement with BRAIN

Insig AiAnnouncement

17/10/2022 07:00

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RNS Number : 0056D  Insig AI Plc  17 October 2022

REACH

17 October 2022

 

Insig AI plc

("Insig AI" or the "Company")

 

Partnership agreement with BRAIN

Insig AI plc (AIM: INSG), the data science and machine learning group, is
pleased to announce that it has signed a data partnership agreement with
BRAIN, a research company specialising in Natural Language Processing ("NLP")
applications and algorithms for investment strategies.

BRAIN has a team of data science and financial markets experts that work to
deliver unique derived datasets and machine learning models to its end
customers. With access to Insig FilingDB-Europe, the team at BRAIN now has
access to valuable corporate filings and structured JSON text. This will allow
them to build a unique derived group of data points to bring investable
actions to their hedge fund clients, focused on the European equities market.

 

Colm McVeigh, Chief Executive Officer of Insig AI commented:

"We are excited to provide our unique European corporate filings dataset to
BRAIN which are experts in the field of building algorithmic investment
strategies. This partnership came about because BRAIN was in search of
corporate filings content similar to how the SEC EDGAR data is delivered. At
Insig AI our team collects these valuable documents at the point of
publication, transforms the content into machine readable text and then tags
the relevant content against business-oriented classifiers such as CEO/CFO
speaking, revenue guidance and business risks.

"This high-quality output enables firms like BRAIN to conduct in-depth
research on over one thousand European firms to test their investment
hypotheses and build out trading signals for systematic hedge funds to make
decisions with."

 

Francesco Cricchio, Chief Executive Officer of BRAIN commented:

"We are convinced that the combination of the advanced Insig FilingDB dataset
with BRAINs powerful NLP platform will produce an insightful structured
dataset from highly unstructured sources such as European company filings that
can be a relevant input to systematic strategies."

 

For further information, please visit www.insg.ai or contact:

 Insig AI plc                                      Via SEC Newgate

 Colm McVeigh (CEO)

 Zeus (Nominated Adviser & Broker)                 +44 (0)20 3829 5000

 David Foreman / James Hornigold / Danny Philips

 SEC Newgate (Financial Communications)            +44 (0) 7540 106 366

 Robin Tozer / Richard Bicknell / Max Richardson   insigai@secnewgate.co.uk

About BRAIN

BRAIN is a Research Company based in Milan, Italy that creates proprietary
datasets and algorithms for investment strategies, combining experience on
financial markets with strong competences in Statistics, Machine Learning and
Natural Language Processing.

BRAIN also supports Clients in developing, optimizing and validating their own
proprietary models.

 

https://braincompany.co/ (https://braincompany.co/)

 

About Insig AI

Insig AI is a data science and machine learning solutions company with a
particular focus on

the asset management industry. The Company's products are designed to adapt to
and

enhance investment strategies; enabling asset managers to transition to a
data-centric

business model, advance and scale their analytical potential and gain value,
speed, and

strategic leverage.

 

https://www.insg.ai/ (https://www.insg.ai/)

 

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