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OpenExchange, Inc. and FinTech Studios Sign Strategic Partnership Agreement to Integrate Video and News Content
OpenExchange Inc. and FinTech Studios announced a strategic partnership 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 videoconference 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, global financial institutions. FinTech Studios users can seamlessly navigate from its advanced AI-based research and market analytics application to OpenExchange's video platform making financial information more actionable than ever before. Users can engage in video calls securely with participants inside and outside the combined companies' user bases. 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 global sources in an integrated manner. This partnership accelerates that vision by adding videoconferencing. Investors have always stressed the importance of a face-to-face meeting with corporate management teams. This solution combines key financial content and management access that investors are looking for," said Mark Loehr, OpenExchange Chief Executive Officer. "Our 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 the investment community, media outlets, 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 industry. 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 and Ipreo LLC are strategic owners of OpenExchange.
To learn more, visit www.openexc.com
More information: www.fintechstudios.com
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