(Alliance News) - Insig AI on Monday said it has received a purchase order from the UK Financial Conduct Authority for access to its Transparency and Disclosure Index. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News: Read More
Insig AI PLC - London-based data science and machine learning firm - Signs licence agreement and revenue share with JP Jenkins, the UK's largest private market place for unlisted securities. Under the deal, JP Jenkins will have access to Insig AI's transparency and disclosure index reports covering more than 40 companies listed on its platform. In return, JP Jenkins will offer Insig AI's services to the companies on its platform. The agreement is for an initial 12 month term but there is no guaranteed minimum income arising from the revenue share. Insig AI Chief Executive Richard Bernstein says: "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." Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Wednesday and Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Insig AI PLC - London-based data science and machine learning - Richard Bernstein moves to chief executive officer from executive chair, as CEO Colm McVeigh leaves the company immediately "to pursue other opportunities". Insig AI says Bernstein will spend more time "engaging with asset managers, prospective customers and commercialising Insig's product offering". Warren Pearson will step down as chief technical officer but remain a company employee focused on product development. To replace Bernstein as chair, Insig AI hires John Wilson to be independent non-executive chair, starting immediately. Wilson is the CEO of Bulgin Ltd, a maker of sealed connectors and components, and is a non-executive director of Volex PLC. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Insig AI PLC - London-based data science and machine learning firm - Interim loss narrows 36% to GBP1.8 million in the six months to September 30, from GBP2.8 million a year prior. Revenue declines 7.5% to GBP882,478 from GBP953,563. Administrative expenses decrease 33% to GBP2.2 million to GBP3.2 million. Looking ahead, Insig AI says: "Based on our expectations for new business wins in the coming quarter and beyond, we believe that the business has sufficient working capital. However, the board would consider an injection of equity should a potential partner wish to take a strategic equity stake to fast track growth. The board's view is that should this occur, pricing should reflect the value of the company's repository of corporate disclosures and its machine learning and data science expertise." Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Insig AI PLC on Monday launched its Transparency and Disclosure Index, designed to give investors a better sense of how effectively firms are disclosing non-financial information. Read More
(Alliance News) - Insig AI PLC on Monday said its full-year revenue rose but its loss widened on an impairment charge. Read More
Insig AI PLC - London-based data science and machine learning - Says that it has agreed to revised terms with Richard Bernstein, the convertible loan holder, as announced on September 12 for GBP750,000. Insig AI explained at the time that it had agreed to a convertible loan because it needed further working capital over the short term and potentially the medium term. The company and Bernstein agree to extend the term of the convertible loan note agreement by six months to December 30. All other terms of the agreement remain unchanged. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Insig AI PLC - London-based data science and machine learning - Says it has conducted a series of tests using ChatGPT and other Generative AI models, and it is now able to integrate "the latest AI capabilities" from Alphabet Inc's Google, Open AI and the most advanced models such as ChatGPT and GPT-3. "We regard the advancement of this type of text based analysis as the ideal overlay to our existing repository of machine readable ESG and corporate data. Combining the deep contextual understanding that ChatGPT brings with our highly focused ESG natural language processing classifiers will provide differentiation in surfacing the most relevant ESG disclosures, thereby increasing overall analysis and productivity," Insig says. Read More
Insig AI PLC - London-based data science and machine learning - Draws down a third tranche of GBP290,000 from its convertible loan facility agreement with Chair Richard Bernstein. After this, GBP100,000 remains available. The GBP750,000 loan agreement was announced in September to help solve Insig's short-term working capital needs. The facility is in addition to the GBP1.0 million one previously provided by Bernstein that was announced back in May. Read More
(Alliance News) - The following is a round-up of trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Insig AI PLC on Monday said it had signed a consultancy agreement with a London based alternative investment manager. Read More