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| Date | 31 May 2022 |
| Time | 07:00:06 |
| Category | Miscellaneous |
| ID | 3156N |
REACH
31 May 2022
Insig AI plc
("Insig AI" or the "Company")
Data partnership and research agreement with Blurred Global
to open up a new revenue channel
Insig AI plc (AIM: INSG), the data science and machine learning group, is pleased to announce that it has signed a data partnership and research agreement with Blurred Global ("Blurred") - a strategy advisor on ESG positioning and corporate communications.
Blurred is a team of ESG experts that work with FTSE 350 corporations on their purpose driven communication. Its work is built on the principles of ESGP, "because no organisation can have a credible, effective Purpose without first understanding the impact of its business on the Environment, on Society, and in terms of Governance."
Diana Rose, Head of ESG Research of Insig AI said: "We are excited to be providing FTSE350 and global corporate filings data to Blurred for the next year. Our goal at Insig AI is to provide the highest quality corporate disclosure data and NLP modules to enable great research teams to test their hypotheses, compare industry peers and track corporate ESG progress over time. Blurred is a leading voice in the ESG industry and we are eager to help it bring transparent and differentiated research to the market."
Colm McVeigh, Chief Executive of Insig AI commented: "This agreement now enables FTSE 350 constituents to access our machine learning corporate disclosure data. Importantly, this opens a potentially new revenue stream for our business."
Stuart Lambert, co-founder and Chief Strategy Officer at Blurred, said: "The area in which a company has the greatest potential to do harm is also the area in which it has the greatest potential to do good. We exist to help companies become fundamentally better, so that they then have a better story to tell, and then we tell that story to all audiences from investors to employees to customers. We're excited to be partnering with Insig AI to put its data science at the heart of the work we do for our clients."
This is a Reach announcement and the information contained is not considered to be material or to have a significant impact on management's expectations of the Company's performance. Reach is an investor communication service aimed at assisting listed companies to distribute non-regulatory news releases into the public domain. Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on Reach.
For further information, please visit www.insg.ai or contact:
|
Insig AI plc Colm McVeigh (CEO) |
Via SEC Newgate |
|
Zeus (Nominated Adviser & Broker) David Foreman / James Hornigold / Danny Philips |
+44 (0) 20 3829 5000 |
|
SEC Newgate (Financial Communications) Robin Tozer / Richard Bicknell / Max Richardson |
+44 (0) 7540 106 366 |
About Blurred Global
Number 1 in PR Week's 2022 ESG rankings table. 2022 Best Consultancy to Work For, PRovoke Media. 2021 Specialist Consultancy of the Year, PR Week Awards. 2020 New Consultancy Of The Year, Global Sabre Awards & PR Week Awards
About Insig AI
Insig AI is a data science and machine learning solutions company with a particular focus on the asset management industry. The Company's products are designed to adapt to and enhance investment strategies; enabling asset managers to transition to a data-centric business model, advance and scale their analytical potential and gain value, speed, and strategic leverage.