AI-Powered English Translation to Enhance Global Accessibility of TASE Listed Company Reports

As part of moving to a Monday through Friday trading week and the efforts to increase the exposure of the TASE-listed companies to global investors, TASE and the Israel Securities Authority launch an innovative English AI-powered translation of the companies' reports

TEL AVIV, Israel, March 4, 2025 /PRNewswire/ -- The Tel Aviv Stock Exchange (TASE: TASE), in collaboration with the Israel Securities Authority (ISA), launches a groundbreaking initiative to increase global investors' exposure to the TASE-listed companies.

This marks the second phase of the joint initiative introduced by ISA and TASE to strengthen the Israeli capital market, encompassing various moves, such as promoting market-making for the TASE-listed companies and providing better access to information for investments in Israel capital market.

Public companies often refrain from translating all their reports into English. A study conducted by TASE, based on data obtained from TASE MAYA website, reveals that only 100 out of the 487 companies listed on TASE (excluding dual-listed companies) publish reports in English, and only 33 of the 108 companies included in the TA-125 Index (excluding dual-listed companies) provide English reports.

To execute this move, TASE has commissioned Israeli Fintech company, TipRanks, to develop a system that fully leverages AI technology to translate immediate reports into English. The translated reports will be accessible on the recently upgraded English version of the MAYA website following their publication in Hebrew. These English translations are not a substitute for the official Hebrew reports issued by the companies, and are intended solely for the convenience of foreign investors.

TASE will be among the first global stock exchanges to implement full AI-powered translation of all public company reports. The service will be launched in 2025 as a Beta version covering immediate reports by companies included in the TA-125 Index. Initially, only text-based reports will be translated. In the second phase, all reports—including those containing tables, charts, and full financial statements—will be translated.

With this move, ISA and TASE continue to increase the global exposure of Israel's public companies, thereby encouraging global investments in the Israeli capital market. Moreover, the move aligns seamlessly with TASE's strategy of strengthening the global standing of the Israeli capital market. It complements TASE's planned transition to a Monday through Friday trading week in early 2026 and breaks the language barrier, providing international investors direct access to information on Israel's public companies, in English.

Contact:
Orna Goren
Head of Communication and Public Relations Unit
Tel: +972 76 8160405
[email protected] 

SOURCE The Tel Aviv Stock Exchange Ltd.