NEW YORK, March 29, 2017 /PRNewswire/ -- FinTech Studios™, the leading network of artificial intelligence-based financial information, FinTech apps and big-data analytics operated in partnership with dozens of top FinTech software companies, data providers and financial institutions, announced today a strategic partnership with OpenExchange Inc. to integrate their product offerings and provide distribution of each other's solutions to existing clients. This unique partnership enables financial market participants to access both FinTech Studios' financial content and big data analytics, and OpenExchange's video conference capabilities, through a single sign-on process.
Under the agreement, FinTech Studios users can access OpenExchange's patented videoconference technology, currently being used by many of the largest financial institutions in the world. FinTech Studios users can seamlessly navigate from its advanced AI-based news, research and market analytics application to OpenExchange's video platform, making financial news and information more actionable than ever before. Users can engage in video calls securely with participants inside and outside the combined user bases of OpenExchange and FinTech Studios. The partnership also helps streamline the process of joining Virtual Group Meetings that are being organized at a growing rate by the sell-side around the globe.
OpenExchange users now have access to FinTech Studios' array of financial information and analytics sourced from around the world. This partnership helps OpenExchange to expand its 1000+ Global Connected Network of public companies, intermediaries, and institutional investors, by offering enhanced access to financial content and collaboration capabilities.
"The spectrum of on demand financial content will soon mirror mainstream media, with users looking to access timely research and market data from thousands of major global sources in an integrated manner. This partnership accelerates that vision by adding videoconferencing. Investors have always stressed the importance and value of a face-to-face meeting with corporate management teams. This solution provides integrated access to this key content and management access through video that investors are looking for," said Mark Loehr, OpenExchange Chief Executive Office. "Our joint agreement with FinTech Studios brings many thousands of new market participants into our videoconference community. As our business continues to grow at a rapid clip, our expansion into the Asian financial community is one of many areas that will greatly benefit from this partnership."
OpenExchange and FinTech Studios will also deliver new and unique functionality by integrating OpenExchange's latest webcasting solution into FinTech Studios' APOLLO.ai™ investment research, and analytics service designed for portfolio managers, research analysts, hedge funds, banks, brokerage firms, RIA's, advisory firms, private equity firms, venture capital firms, family offices, media companies, and others. "We are excited to enrich APOLLO.ai with the trusted videoconference technology provided by OpenExchange," said FinTech Studios CEO Jim Tousignant. "We designed APOLLO.ai with the vision of providing integrated apps and multi-media content that was more actionable than alternative sources. Allowing for ideas to escalate immediately into an active video call with key market participants certainly helps achieve that goal."
OpenExchange is a community based video exchange that enhances interaction within the financial community. Our solution enables financial services professionals to communicate more effectively with each other using their existing video infrastructure. By using OpenExchange, the buy-side, sell-side and corporate issuers can arrange and conduct one-on-one and group meetings using secure, private, high quality video. Citi, Barclays Electronic Commerce Holdings and Ipreo LLC are strategic owners of OpenExchange.
About FinTech Studios
FinTech Studios develops and markets a cloud-based platform of curated, disruptive FinTech apps and big-data financial analytic products in partnership with leading FinTech startups, financial institutions, data providers, and strategic partners. FinTech Studios was founded in 2014 by Jim Tousignant, previously co-founder and President of Multex, a leading online platform of brokerage research, fundamental data, and earnings estimates that went public in 1999 and achieved a market cap of $1.5 billion. FinTech Studios' apps, financial analytics, and collaboration tools consolidate and integrate content from millions of online sources and proprietary databases with powerful search technology, analytics, sharing, and collaboration tools, providing the most timely and relevant business and financial insight.
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SOURCE FinTech Studios