Huddlestock Fintech

M&A Activity • Oct 11, 2022

Huddlestock Fintech AS (OSE: HUDL) signs significant partnership agreement with Morningstar (Nasdaq: MORN).

Huddlestock Fintech AS (OSE: HUDL) signs significant partnership agreement with Morningstar (Nasdaq: MORN).

11.10.2022 10:12:50 CEST | Huddlestock Fintech AS | Non-regulatory press

releases

Huddlestock Fintech is delighted to announce an agreement with Morningstar, to

provide both market and fundamental equity data through Huddlestock's

white-label SaaS trading infrastructure, Huddlestock Trader. Clients offering

trading apps and brokerage services to retail clients with Huddlestock Trader

will be able to offer market data for global exchanges and fundamental equity

data to their end clients.

"Morningstar's market data and fundamental equity data solutions will be

delivered straight to the end client via our white-label trader solution.

Huddlestock is taking a step further in empowering our clients to deliver a

superior customer experience journey, increasing share of wallet, customer

loyalty and retention for our clients," said John E. Skajem, Group CEO,

Huddlestock Fintech AS.

"Morningstar's product suite is expansive, and we are delighted Huddlestock has

chosen to work with us. Their clients need high quality, secure and reliable

market and fundamental equity data, enabling their teams and clients to open up

financial markets to all," added Tim Kent, Sales Director, Morningstar Global

Market Data Solutions.

The Morningstar content, available through Huddlestock, is delivered through API

hooks directly pre-integrated into Huddlestock Trader. The ready-made

white-label trading solution will initially include data from Oslo Stock

Exchange, Nasdaq OMX, (Deutsche Börse's) Xetra Exchange, Baltic Exchanges, CBOE

Europe and CBOE US, capturing the most traded stocks across European and US

exchanges. At a later stage, the services can be rolled out to other exchanges

and markets.

Morningstar's fundamental equity data will be delivered alongside its market

data, opening the door to Morningstar's proprietary historical equity

fundamental database. Retail End Users can access a range of fundamental data

such as company profiles, including company financial statements, earnings

reports and key ratios, measuring profitability, growth, cash flows, financial

health, efficiency, and valuation, providing extensive insights into a company's

business.

About Morningstar: Morningstar, Inc. is a leading provider of independent

investment research in North America, Europe, Australia, and Asia. The Company

offers an extensive line of products and services for individual investors,

financial advisors, asset managers and owners, retirement plan providers and

sponsors, and institutional investors in the debt and private capital markets.

Morningstar provides data and research insights on a wide range of investment

offerings, including managed investment products, publicly listed companies,

private capital markets, debt securities, and real-time global market data.

Morningstar also offers investment management services through its investment

advisory subsidiaries, with approximately $253 billion in assets under

advisement and management as of June 30, 2022. The Company has operations in 29

countries.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

CONTACTS

* John E. Skajem, CEO, +47 418 87 412, jes@huddlestock.com

ABOUT HUDDLESTOCK FINTECH AS

Huddlestock Fintech is an innovative technology software provider with a leading

expert professional services business. We deliver innovative and sustainable

technology solutions to the capital markets, treasury and wealth management

industries.

Through its technology offering, Huddlestock offers an innovative, compliant,

and data-centric WealthTech SaaS, accelerating the digital transformation, and

trends of hyper-personalization and on-demand banking within the wealth

management industry. Huddlestock's SaaS empowers the embedding of low-cost,

efficient white-label trading and investment services, underpinning

Huddlestock's mission of delivering financial inclusion by democratizing access

to capital markets.

Through its world-class expert professional services business, Huddlestock

delivers strategic technology solutions and process automation for the financial

services industry. This range of services has propelled Huddlestock into

becoming the preferred supplier of financial consultancy services and technology

solutions in the Nordic region. Huddlestock Fintech AS was listed on Euronext

Growth Market 26th November 2020, as Norway's first fintech company to be

publicly traded.

For more information, please visit www.huddlestock.com -

http://www.huddlestock.com/

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/17848032/1802/2439/Download%20announcement

%20as%20PDF.pdf