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INSG

-1.54%
NEUTRAL

Insig AI Receives Order from Financial Conduct Authority

Why we think this is neutral

This RNS announcement does not contain any of the mandatory news types specified, such as contract news, order news, trading update, financing, funding, annual results, asset sale/disposal, flow testing, licence news, or delisting. Therefore, the sentiment score is set to neutral.

Key Points

  • Insig AI has received a purchase order from the Financial Conduct Authority (FCA)
  • The order is for a subscription service licence agreement to access Insig AI's Transparency and Disclosure Index (TDI) and ImpactScope's Greenwashing Identifier (GWI)
  • Insig AI provided the data and software platforms to the FCA's 2023 TechSprint, known as the Global Financial Innovation Network's (GFIN) Greenwashing TechSprint

Summary

The data science and machine learning solutions company has received a purchase order from the Financial Conduct Authority for a subscription service licence agreement.

Insig AI plc (AIM:INSG) has received a purchase order from the Financial Conduct Authority (FCA) for a subscription service licence agreement to access Insig AI's Transparency and Disclosure Index (TDI) covering UK listed companies. The FCA will also have access to ImpactScope's Greenwashing Identifier (GWI) application.

GENERAL UPDATE