LONDON, UK: Insig AI plc, the data science and machine learning solutions company serving the asset management industry, announced that CarVal Investors L.P. and Insig AI Corporation have entered into binding heads of terms for Insig AI to partner with CarVal to develop a new line of HY and IG ESG products, as part of the CarVal Clean product line.
This will mark the second deployment of Insig AI’s and CarVal’s jointly developed ESG technology. This comes as the demand for data-led ESG investment strategies that provide transparent and evidence-based ESG scoring, continues to grow.
Steve Cracknell, Chief Executive of Insig AI, said: “This partnership and our ability to help CarVal accelerate the development of their CarVal Clean HY/IG product lines demonstrates the speed and scale at which a company can operate when it underpins its strategy with advanced machine learning technology.
The partnership nature of today’s agreement with an asset manager of CarVal’s stature is the most exciting development in our history. We are ideally positioned, at the exact intersection of smart investment strategy and advanced AI technology. The opportunities to innovate with new product lines and income streams are vast. We look forward to developing our partnership with CarVal and delighted to support the CarVal Clean strategy.” www.insg.ai