REG - Insig AI Plc - New Contract Win

Insig AiAnnouncement

07/11/2022 07:00

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RNS Number : 4542F  Insig AI Plc  07 November 2022

7 November 2022

 

Insig AI plc

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

Contract Win

Insig AI plc (AIM:INSG), the data science and machine learning solutions
company serving the asset management industry, is pleased to announce that a
London based alternative investment manager with in excess of $1 billion of
assets under management has signed a consultancy agreement that will draw on
Insig AI's fintech data science capabilities with the aim of generating alpha.

The contract value is GBP120,000 and is expected to be completed by 31
December 2022. The Company is in active discussions with other institutions.

Colm McVeigh, Insig AI's Chief Executive commented: "It is encouraging to see
our customers investing as they look to exploit opportunities in the current
dynamic market. We see a strong business case for other progressive asset
managers to work with us to add value to their businesses."

 

 

 

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

 Insig AI plc

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

 David Foreman / James Hornigold / Danny Phillips

 

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