Insig AI Plc New Contract Win (4542F)

TIDMINSG

RNS Number : 4542F

Insig AI Plc

07 November 2022

7 November 2022

Insig AI plc

("Insig AI", the "Company" or the "Group")

Contract Win

Insig AI plc (AIM:INSG), the data science and machine learning solutions company serving the asset management industry, is pleased to announce that a London based alternative investment manager with in excess of $1 billion of assets under management has signed a consultancy agreement that will draw on Insig AI's fintech data science capabilities with the aim of generating alpha.

The contract value is GBP120,000 and is expected to be completed by 31 December 2022. The Company is in active discussions with other institutions.

Colm McVeigh, Insig AI's Chief Executive commented: "It is encouraging to see our customers investing as they look to exploit opportunities in the current dynamic market. We see a strong business case for other progressive asset managers to work with us to add value to their businesses."

   For further information, please visit   www.insg.ai   or contact: 
 
 Insig AI plc 
  Colm McVeigh (CEO) 
 Zeus (Nominated Adviser & Broker) 
  David Foreman / James Hornigold 
  / Danny Phillips                               +44 (0) 20 3829 5000

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