Refinitiv, a provider of financial markets data and infrastructure that has served more than 40,000 institutions in over 190 countries, announced on Wednesday it has made a strategic investment in ModuleQ, a Microsoft partner for Office 365 and Microsoft Teams, as well as the ModuleQ app, which predicts users’ current priorities while working in Microsoft Teams to bring them timely and relevant content, news and analytics.
Refinitiv reported that the collaboration ModuleQ will help provide proactive, mission-critical business information directly in their workflow, to professionals across industries from sales teams, lawyers and bankers to company executives. The companies have notably been collaborating since 2018 for machine learning and analytics capabilities to provide proactive insights tailored to professionals’ current work priorities through the ModuleQ app by leveraging Refinitiv Intelligent Tagging and Refinitiv Knowledge Graph.
Through the latest collaboration, the companies plan to continue to integrate select Refinitiv content, which may include Aftermarket Research and Company Profiles, enabling the ModuleQ app to extract important business insights related to the fast-changing priorities of individual professional users. Speaking about the partnership and investment, Ben Shepherd, Chief Strategy and Innovation Officer at Refinitiv, stated:
“The difference between winning and losing a customer or a deal for an advisor, particularly in these markets and working virtually, is being first with news and unique insights that are most relevant. With ModuleQ, we look forward to getting our data and tools to customers where they work, as they need it in fast-growing Microsoft Teams. We see great possibilities for customers in deepening our partnership with David and his team at ModuleQ.”
David Brunner, ModuleQ CEO, added:
“This investment by Refinitiv is the realization of using AI to surface the information professionals need before they know it’s even available. Companies are looking to Microsoft Teams to make them work smarter and our AI makes that even easier.”
The investment amount has not been disclosed at this time.