REG - Insig AI Plc - New Client Win and Revenue Share Partnership

Insig AiAnnouncement

17/02/2025 07:00

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RNS Number : 3254X  Insig AI Plc  17 February 2025

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17 February 2025

Insig AI plc

 

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

 

New client win and revenue share partnership with JP Jenkins

 

Insig AI plc (AIM:INSG), the data science and machine learning solutions
company serving the asset management industry, is pleased to announce that it
has signed a licence agreement and revenue share with JP Jenkins, the UK's
largest private market place for unlisted securities (the "Agreement").

Under the licence agreement, JP Jenkins will have access to Insig AI's
Transparency and Disclosure Index ("TDI") reports covering more than 40
companies listed on its platform.

Insight AI will provide a ready-made toolkit that allows users to quantify and
explore datasets. By searching, filtering, analysing and benchmarking company
disclosures, peer group comparisons can be generated in an instant, traceable
and economical manner, with theTDI driving ESG insights.

JP Jenkins, in conjunction with Insig AI, will approach each company on the JP
Jenkins platform to offer additional services from Insig AI, including
consulting on disclosure improvements and granting an annual licence to access
Insig's TDI.

The Agreement is for an initial 12 month term but as is common with such
agreements, there is no guaranteed minimum income arising from the revenue
share.

Richard Bernstein, Insig AI's Chief Executive commented: "JP Jenkins
presented us with a classic use case for AI technology. It needed the ability
to rank and review the clarity and relevance of a company's sustainable
reporting in relation to its peers. This technology allows it to identify
sectoral trends and match these with data visualisations, delivering
comprehensive reports quickly and efficiently.  We are delighted to be
partnering with JP Jenkins. In addition to delivering annual licence income,
they are an excellent distribution channel for us to access dozens of growing
corporates keen to ensure that they adopt transparent disclosures."

Veronika Oswald, Commercial Director at JP Jenkins commented: "There's a lot
of hype surrounding AI but we have absolutely recognised the benefits that
solutions like Insig AI's TDI can deliver in scrutinising corporate behaviour.
With a significant volume of data to work through, AI can help form a
consensus opinion with just a fraction of the resource it would take a
traditional analyst team to achieve the same outcome."

 

For further information, please visit www.insig.ai
(https://url.uk.m.mimecastprotect.com/s/ZmnMC4RAMSJRL92cxh9T4Y4XM?domain=insig.ai)
 or contact:

 

Insig AI plc

Richard Bernstein, CEO
 
Richard.bernstein@insig.ai (mailto:Richard.bernstein@insig.ai)

Zeus (Nominated Adviser & Broker)

David Foreman / James
Hornigold
+44 (0) 203 829 5000

 

 

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