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Friday, February 23, 2018 3:15:24 PM
- Intesa Sanpaolo is one of the largest banking groups in Europe, with a market cap of 53 billion euro and some 4,700 branches in Italy alone
- ATIXF’s Marketwall real-time stock trading app is integrated into the banking group’s MarketHub trading platform
- ATIXF to reach stock-trading clients of Intesa Sanpaolo in six countries
AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF) plans to integrate its 49 percent-owned fintech subsidiary’s real-time stock trading app, Marketwall, into Italy-based banking group Intesa Sanpaolo during 2018. This will give ATIXF exposure to the group’s eight million stock-trading clients (http://nnw.fm/uv4Bs). The integration is expected to be available in six countries.
AnalytixInsight, developer of artificial intelligence, will have its CapitalCube platform embedded into the financial app, giving users real-time trading information. Also, in agreement with global partner Samsung, the app will be preloaded into Italian smart TVs and other devices. Intesa Sanpaolo is one of Europe’s largest banking groups, with a 53 billion euro market cap and some 4,700 branches in Italy alone (http://nnw.fm/vG41x).
AnalytixInsight is the developer of an AI machine-learning platform that turns big data into actionable information. Workflow information schedules are robotically analyzed for maximum performance. Its product, CapitalCube, is a software-as-a-service (SaaS) platform that offers financial research and analysis for investors, financial portals and media. The Toronto, Ontario, Canada-based company has licensed the technology to the stock exchanges, financial news agencies and web portals. The technology is scalable and adaptable to other industries, such as government, health care, insurance, e-commerce and others.
AnalytixInsight also co-owns Marketwall, a Milan, Italy-based fintech company. ATIXF owns 49 percent of that company. It has partnered with Samsung to make the Marketwall mobile application available on smart devices. In the first half of 2018, the company is expected to roll out to Intesa Sanpaolo’s eight million stock-trading clients. Intesa Sanpaolo is Italy’s largest bank, with more than 4,000 branches, and is co-owner of Marketwall.
For more information, visit the company’s website at www.AnalytixInsight.com
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