SoLVBL Solutions Inc. announced on November 21, 2021 it signed a Memorandum of Understanding with QuantGate Systems Inc. an Artificial Intelligence, Machine Learning SaaS-based Fintech solutions provider, to develop a cyber security program to detect cyber-attacks and provide 24/7 data security to QuantGate's "Intelligence" platform. This is the first MOU signed by SOLV in the financial services sector, one of its priority client verticals. This first step will allow SOLV to further demonstrate its capabilities around data security and speed of transactions, which are two of Q by SoLVBL's key premises.

The Company will continue to pursue opportunities with brokerages, banks and other entities in the financial services sector. SoLVBL Solutions is at the forefront of developing cybersecurity solutions and advanced unique capabilities for providing customers with capabilities to protect and verify incoming data against a range of cyber threats. QuantGate is a publicly traded company that has developed an AI and ML, SaaS based intelligence platform providing signals and opportunities for clients.

QuantGate's technology includes self-evolving algorithms that are highly responsive to changing market conditions and process massive amounts of real-time behavioural data, direct from the electronic order book of any exchange. As technology service providers face increased cybersecurity threats, the need for effective and resilient data security is paramount to maintain seamless services.