AnalytixInsight announces progress on Morningstar research and platform tie-up

Toronto-headquartered AnalytixInsight, a financial content and enterprise software solutions provider, announced that as part of the recently-launched Morningstar Global Market initiative, Morningstar’s financial research information and market data will now be available on InvestoPro, the digital online stock trading platform launched by MarketWall and Intesa Sanpaolo.

AnalytixInsight also announced that its white-label trading platform, GEMINA, is now deployed at a second European bank under the Morningstar Global Market initiative. As an emerging financial data infrastructure platform, GEMINA addresses the current market data infrastructure needs of financial institutions by offering managed data services, analytics, and more.

GEMINA delivers an end-to-end market data platform which is also marketed in partnership with Morningstar as Morningstar Global Market. Morningstar Global Market has been co-developed as a cloud-based financial data and content offering for Morningstar’s enterprise clients. Morningstar has over 8,500 employees operating in 29 countries and builds products and services that connect people to investing information tools which empower investors.

Prakash Hariharan, chair of AnalytixInsight and director of MarketWall and InvestoPro, said in a statement: “Morningstar research and market data gives InvestoPro users enriched content to help them with their investment decisions by providing research analyst target prices, analyst consensus ratings, financial data and much more. We have built InvestoPro as a content-rich online trading platform, a strategy that is strongly supported by the growing list of InvestoPro partners which includes Intesa Sanpaolo, Samsung, AnalytixInsight, and now Morningstar.

“MarketWall and Morningstar have been working together for more than two years to develop, test and deploy Morningstar Global Market, which is built on our GEMINA platform. GEMINA has now been embraced by a second European bank in addition to Intesa Sanpaolo, and we are also in discussions with other banks and institutions who are seeking alternatives to the high-cost legacy platforms they have traditionally been using.”

InvestoPro is MarketWall’s European research and trading platform and is the digital online trading platform of Intesa Sanpaolo whose customers can activate their online trading using their bank login credentials. Intesa Sanpaolo is one of the top banking groups in Europe and has a strong digital presence. The Intesa Sanpaolo Mobile App is one of the most widely used banking apps in Europe with over seven million customers and more than one billion logins per year.

GEMINA allows banks and brokers to quickly advance their digital transformation to online trading for next generation users and enables the tools desired by them. It is a multi-device trading platform that provides financial quotes, stock charts, data, research tools and more. GEMINA is available as a white-label B2B trading platform for banks and brokers for interface with their existing systems.

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