AnalytixInsight Inc. (TSXV: ALY) on December 2, 2014, said it has entered into a partnership and revenue sharing arrangement between its mobile subsidiary StockwallS.r.L and FuturaGraficaS.p.A., owner of the brand Miia. Under the terms of the agreement, the Marketwall App will be loaded on every Miia device and the subscription revenues will be shared 70:30 between Stockwall and Miia respectively.
Miia is one of Europe’s fastest growing consumer electronics brands has about 10% of the market share in Italy.
“We are excited about the partnership between Miia and Stockwall. The partnership will pre-load the Marketwall App on the millions of devices across Miia’s platform and allow Miia’s growing user base to access unique content on market prices, company fundamentals, mutual funds and currencies. Along with our Samsung partnership, this is the second partnership we have with a device maker and we expect to sign similar partnerships with other leading device brands and create a large audience base,” said Marco RoscioRicon, CEO of Stockwall.
It has been a productive few months for AnalytixInsight. On October 27, 2014, the company announced that it has signed a non-binding Memorandum of Understanding (MOU) with India’s IRIS Business Services Ltd. to form a strategic partnership to service clients and explore business opportunities in the financial data analytics space. The MOU is expected to leverage IRIS’ expertise in the XBRL domain, which includes filings for several thousand publicly-traded companies, and provide value added analytics through AnalytixInsight’s big data analytics platform and established distribution channels. AnalytixInsight will also seek to acquire a 30% equity stake in IRIS.
As well, on October 6, 2014, AnalytixInsight reported that it has launched a new research product designed to analyze corporate press releases on quarterly earnings announcements for approximately 50,000 listed companies globally. And, it announced that its subsidiary, CapitalCube Corp., has entered into a content licensing partnership with AOL Inc. to supply earnings release analysis on select companies to AOL’s Daily Finance portal, dailyfinance.com, for the benefit of the millions of users who visit the website.
AnalytixInsight’sdisruptive technology algorithmically analyzes market price data and regulatory filings to create narratives and research on approximately 50,000 global companies and ETFs, providing financial research and content for investors, information providers, finance portals and media through its online portal capitalcube.com, and mobile platform Marketwall (marketwall.com).
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About AnalytixInsight:
AnalytixInsight Inc.’s technology platform helps transform data into narratives. The Company’s online portal www.capitalcube.com and mobile platform Marketwall (www.marketwall.com) provide high-quality financial research and content for investors, information providers, finance portals and media. The Company’s disruptive technology algorithmically analyzes market price data and regulatory filings to create insightful, actionable narratives and research on approximately 50,000 global companies and ETFs – all available as a cloud-based, SAAS offering. This platform capability is extensible to other asset classes and sectors to generate insightful research reports.
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