18:13:38 EDT Wed 08 May 2024
Enter Symbol
or Name
USA
CA



AnalytixInsight Inc
Symbol ALY
Shares Issued 96,451,741
Close 2023-09-07 C$ 0.115
Market Cap C$ 11,091,950
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AnalytixInsight affiliate launches InvestoPro app

2023-09-07 17:07 ET - News Release

Mr. Prakash Hariharan reports

MARKETWALL PROVIDES UPDATE ON THE INVESTOPRO SAMSUNG INITIATIVE AND FEATURE IN SAMSUNG WALLET

InvestoPro SIM, the subsidiary of AnalytixInsight Inc.'s affiliate, MarketWall, has developed and launched the InvestoPro GO app on Google Play and Apple App Store in Italy. This is part of a continuing partnership with Samsung Electronics.

The InvestoPro GO trading platform launched a new mobile app purposefully designed for Samsung users under the MarketWall definitive agreement with Samsung Electronics Italia, previously announced by the company in a press release dated Nov. 21, 2022. In addition, Samsung profiles the InvestoPro GO app as a recommended app on Samsung mobile devices, guiding users during their first device power on procedure. App recommendations can be targeted based on age and gender, and can easily be downloaded by tapping the download button.

InvestoPro GO app banner ads are also live on Samsung Wallet, Samsung's mobile payment and digital wallet app, providing users of Samsung Wallet access to download the app.

The company believes the deployment of the InvestoPro GO app will receive strong interest from users who wish to trade from their mobile devices.

The InvestoPro GO trading platform was launched on Nov. 21, 2022, and is showcased as an exclusive financial service on Samsung Internet browser. In the browser home page, users can quickly access InvestoPro GO services with a clickable icon which allows users to easily reach partner websites. The InvestoPro app carrying financial news, quotes and content on global markets is already available on Samsung TVs and several other Samsung consumer products.

InvestoPro SIM plans to expand European distribution to Samsung users in Spain, Germany, France and the United Kingdom. This is part of a major initiative to offer a unique digital stock trading platform that combines attributes of artificial intelligence and machine learning, and provides comprehensive coverage of financial instruments traded globally on multiple exchanges including stocks, bonds, commodities and exchange-traded funds.

Prakash Hariharan, chairman and chief executive officer of AnalytixInsight, and board member of MarketWall and InvestoPro SIM, commented: "We continue to develop bespoke InvestoPro applications under our Samsung partnership. We have worked extensively with Samsung on the development and integration of InvestoPro, and we are working to position InvestoPro as a leading digital trading platform in Europe. Samsung has a substantial market share of mobile users in Europe, and we are proud to partner with them to promote InvestoPro to their sizable customer base."

Giovanni Locatelli, platform innovation manager at Samsung Electronics Italy, commented, "We continually try to offer our customers the easiest way to find the contents they wish, such as the financial contents provided by InvestoPro."

About AnalytixInsight Inc.

AnalytixInsight is a data analytics and enterprise software solutions provider to world-leading institutions across various industries. AnalytixInsight develops and markets cloud-based platforms providing financial content, stock trading and research solutions for banks, brokers and investors in the financial services industry. AnalytixInsight holds a 49-per-cent interest in MarketWall, a developer of fintech solutions for financial institutions.

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