On Wednesday, OpenExchange Inc. and FinTech Studios announced they have penned a strategic partnership to integrate their product offerings and provide distribution of each other’s solutions to existing clients.
The companies revealed that under this new agreement, FinTech Studios users can access OpenExchange’s videoconference technology, currently being used by many of the largest, global financial institutions. It was also noted that FinTech Studios users will now be able to navigate from its advanced AI-based research and market analytics application to OpenExchange’s video platform making financial information more actionable than ever before. OpenExchange users will also now have access to FinTech Studios’ array of financial information and analytics sourced from around the world.
Mark Loehr, OpenExchange CEO, stated:
“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. 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.”
As part of the 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, etc. FinTech Studios CEO, Jim Tousignant, added:
“We are excited to enrich APOLLO.ai with the trusted videoconference technology provided by OpenExchange. 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.”