Friday, 26 April 2024
Refinitiv makes strategic investment in ModuleQ
Refinitiv has entered a strategic partnership agreement with ModuleQ, a Microsoft partner for Office 365 and Microsoft Teams. The partnership 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.
Since 2018, Refinitiv and ModuleQ have collaborated using machine learning and analytics capabilities to provide proactive insights tailored to professionals’ current work priorities via the ModuleQ intelligent app by leveraging Refinitiv Intelligent Tagging and Refinitiv Knowledge Graph.
Through this 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.
“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,” commented Ben Shepherd, chief strategy and innovation officer at Refinitiv.
“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 [Brunner] and his team at ModuleQ,” Shepherd added.
David Brunner, ModuleQ’s chief executive officer, said, “This investment by Refinitiv is the realisation of using artificial intelligence (AI) to surface the information professionals need before they know it’s even available. Companies are looking at Microsoft Teams to make them work smarter and our AI makes that even easier.”
The ModuleQ application is particularly valuable to professional services businesses, including banking, consulting or legal advisory, whose teams need to keep on top of the latest news relevant to their clients.
ModuleQ’s Personal Data Fusion AI is based on data fusion technology, adapted by ModuleQ to cut through information overload and help professionals stay informed about their priorities. The company’s enterprise solution is delivered as a virtual application within a customer’s secure instance of Microsoft Azure and behind the customer firewall.
Meanwhile, Refinitiv machine learning solutions that help to power the application are comprised of Refinitiv Intelligent Tagging to derive meaning from vast amounts of unstructured content and Refinitiv Knowledge Graph to uncover previously undetected connections within and across data sets.
Re-disseminated by The Asian Banker
