RE: CTNA INTERVIEW10 May 2021 10:06
Florida, as I understand it, this company is evolving from a consultancy to a product solutions company with a suite of AI and Machine learning tools that process internal data owned by individual companies alongside external market based data provided by third parties such as Refinitiv. The key differential as I see it is the machine learning algorithms developed by Insignia along with other non-unique tools to convert individual company legacy excel code to python in order to run the companies own data alongside that externally provided market data. There will be a continuing need to provide consultancy alongside the product rollout so I guess the limiting factor to rapid scale-up is the current size of the skilled 25 man workforce and the speed they can recruit and train additional resource. Once the company has finished consulting and integration of an individual companies systems then I get the rollout of additional licences to mid tier clients will quickly add additional value; my question surrounds the size of the mid tier market of Asset Managers in a competitive environment