8 May 2025 07:00
This is a Reach announcement and the information contained is not considered to be material or to have a significant impact on management's expectations of the Company's performance.
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Insig AI plc
("Insig AI", the "Company" or the "Group")
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Strategic Client Win and New Product Launch of Generative Intelligence Engine (GIE)
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Insig AI plcΒ (AIM:INSG), the data science and machine learning solutions company, is pleased to announce it has secured a new client win from a London-based asset managerΒ with assets under management of more than Β£25 billion.Β
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The client specialises in global macroeconomic events and has entered into a commercial agreement with Insig AI that includes both a licence fee and an annual retainer. Whilst the initial contract is not material from a revenue perspective, both parties have already identified multiple areas across the client's investment process where Insig AI's technology can add value, providing scope for a broader long-term relationship. This can lead to significant additional work from this client.
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This win also marks the first commercial deployment of Insig AI's Generative Intelligence Engine - a pioneering product that helps organisations apply their own expert thinking at scale. It captures a client's decision-making methodology, builds a tailored prompt framework around it, and applies it to their data in a secure and auditable way. This allows clients to make consistent, high-quality decisions across large datasets, while retaining full control over how those decisions are made.
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Richard Bernstein, CEO of Insig AI, commented:
"We are delighted to have secured this strategic win with a highly respected institution. It demonstrates both the relevance of our offering and the commercial potential of our Generative Intelligence Engine. This is a significant milestone for Insig AI - converting our latest R&D into scalable revenues, laying the groundwork for meaningful growth. This also provides visibility of the potential to translate into a significant new source of revenues for the current year and beyond."
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For further information, please visit www.insig-ai.com or contact:
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Insig AI plc
Richard Bernstein, CEO richard.bernstein@insg.ai
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