GreenKey Technologies (GK), a Chicago, Illinois-based AI-optimized voice software provider with integrated speech recognition, and IPC, a technology and service provider to global financial markets have entered an investment agreement, allowing IPC exclusive rights to GreenKey’s machine learning-optimized voice solutions.
As per the said deal, GK’s technology extracting markets and customer insights will be combined with IPC’s market-proven trading communications background and cloud-based financial ecosystem of 6,400+ market participants.
According to Anthony Tassone, GreenKey CEO, both IPC and the majority of the OTC/off-exchange trading markets have recognized the potential of GK’ patented natural language processing solutions. Tassone, further thanked Bob Santella, IPC CEO for his mentorship and guidance through GK’s next phase of evolution.
As part of the investment deal, Tassone will be an IPC advisor, and Santella will be joining GK’s board of directors. Furthermore, GK’s former CEO, Nader Shwayhat, will return to the company’s advisory board.
Both IPC and GreenKey have a successful history together. Last month, the two companies announced their collaboration on developing a real-time voice to useable data conversion tech to aid financial market participants.
GK’s speech recognition and natural language processing platform is renowned for shaping complex financial jargon and terminology embedded in real-time audio and text into actionable insights. Furthermore, GK’s platform is apt at selling side firms automate sales and trading workflows by categorically converting unstructured communication data streams into structured data solutions.