AnalytixInsight Launches ESG Analytics, Expands Refinitiv AI-driven Research Initiative
TORONTO, March 17, 2021 (GLOBE NEWSWIRE) — Artificial Intelligence company, AnalytixInsight Inc. (“AnalytixInsight”, or the “Company”) (TSX-V: ALY; OTCQB: ATIXF), announces that it has expanded its AI-driven research solution with Refinitiv to include ESG analytics. Under the Refinitiv initiative, the Company has already published more than 13,000 reports on company earnings, dividend quality, and pre-revenue company analysis, and will now embed ESG scores and ESG metrics into its proprietary analysis and narratives, through its financial analytics platform, CapitalCube. Refinitiv, an LSEG (London Stock Exchange Group) business, is one of the world’s largest providers of financial markets data and infrastructure.
ESG (Environmental, Social, and Governance) is commonly used as a generic term by investors and regulators to evaluate corporate behaviors. ESG factors are rapidly increasing in importance by investment professionals when making investment decisions. For example, a recent study by the European Fund and Asset Management Association reports that asset managers in Europe manage almost EUR 11 trillion in assets that take some form of ESG considerations into account. CapitalCube now provides ESG performance analysis and ESG scoring summaries on the approximately 9,000 global companies who report their ESG measures. An ESG narrative commentary and peer comparison chart is now embedded within CapitalCube’s earnings report. Over the past six months CapitalCube has published more than 3,000 earnings reports under the Refinitiv initiative.The Company will also add CapitalCube ESG analysis and scoring metrics for stocks listed on InvestoPro, the European online financial broker platform of its FinTech affiliate, MarketWall. InvestoPro has been developed as a stock trading platform with a focus on fundamental analysis, research, and education, and will be offered to European users, following regulatory approvals.The Company believes that CapitalCube’s proprietary AI-based quality scoring metrics which measure a company’s financial health, dividend quality, and ESG performance, will become increasingly more important to new retail investors who are learning to invest on their own, and are traits desired by regulators.CapitalCube is the Company’s financial analytics platform which delivers scalable, machine-created content. Its powerful analytics engine is capable of more than 100 billion daily computations and provides fundamental financial analysis on approximately 50,000 worldwide stocks and North American ETFs. The Company has also retained Red Cloud Securities Inc. (“RCSI”) to provide market stabilization and liquidity of the Company’s shares listed on the TSX Venture Exchange. RCSI will receive $5,000 per month for their services which may be terminated with thirty-day notice. There are no additional performance factors, shares, or options offered as compensation. RCSI is arm’s length and independent of the Company.CONTACT INFORMATION:Scott Urquhart
VP Corporate Development
(647) 670 1991
sophiccapital.com/investment-ideas/AnalytixInsightABOUT ANALYTIXINSIGHT INC.AnalytixInsight Inc. is an Artificial Intelligence, machine-learning company. AnalytixInsight’s financial analytics platform CapitalCube.com algorithmically analyzes market price data and regulatory filings to create insightful actionable narratives and research on approximately 50,000 global companies and ETFs, providing high-quality financial research and content for investors, information providers, finance portals and media. AnalytixInsight also designs and implements Workforce Optimization solutions for large global enterprises. AnalytixInsight holds a 49% interest in MarketWall, a developer of FinTech solutions for financial institutions. AnalytixInsight.comRegulatory StatementsThis press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the growth of the Company’s business operations; the impact of ESG analysis on the Company’s business, the features and capabilities of ESG analysis, the ability for MarketWall or InvestoPro to obtain regulatory approvals to become an online broker; the impact of RCSI’s services; and the Company’s future performance. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of AnalytixInsight Inc., as the case may be, to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the Company’s technology and revenue generation; risks associated with operation in the technology sector; ability to successfully integrate new technology and employees; foreign operations risks; and other risks inherent in the technology industry. Although AnalytixInsight has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. AnalytixInsight does not undertake to update any forward-looking information, except in accordance with applicable securities laws.NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE