The
information contained within this announcement is deemed by the
Company to constitute inside information stipulated under the
Market Abuse Regulation (EU) No. 596/2014 as it forms part
of UK domestic law by virtue of the European
Union (Withdrawal) Act 2018. Upon the publication of
this announcement via the Regulatory Information Service, this
inside information is now considered to be in the public
domain.
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 or
contact:
Insig AI plc
Richard Bernstein,
CEO
Richard.bernstein@insig.ai
Zeus (Nominated Adviser
& Broker)
David Foreman / James
Hornigold
+44 (0) 203 829 5000
