Proprietary Data - Strategic AI Advantage

Insync Fund Managers

December 2024

Proprietary data sets provide businesses with competitive advantages due to their uniqueness, quality and relevance. They are often more specific, accurate, and tailored to a company's particular needs or industry, providing a rich data source for AI algorithms.

RELX Plc is a global provider of information-based analytics and decision tools providing products that help researchers advance scientific knowledge across medical, legal, financial services, and government sectors.

They recently showcased their Legal division's advancements highlighting cutting-edge AI-enabled tools like Lexis+ and its next-generation AI assistant, Protégé. This division underwent a remarkable transformation, shifting from print and basic electronic reference services to advanced analytics and decision-making platforms. Growth rates have accelerated by 14%, with the division now targeting an 8% growth rate by 2025.

RELX's competitive advantage lies in its extensive proprietary datasets, leading brands, and a robust installed user base. Analysts increasingly recognize RELX as an AI beneficiary.

By integrating RELX's vast 100+ billion document datasets with clients' internal knowledge, their AI assistant addresses legal professionals' top demands, enhancing productivity. This unlocks a 20% total addressable market (TAM) expansion.

At Insync, we see RELX as a prime example of technology driving structural growth. The company's accelerating growth and discounted valuation relative to peers underscore our conviction, making RELX one of our key holdings.

Funds operated by this manager:

Insync Global Capital Aware Fund, Insync Global Quality Equity Fund

Disclaimer
Equity Trustees Limited ("EQT") (ABN 46 004 031 298), AFSL 240975, is the Responsible Entity for the Insync Global Quality Fund and the Insync Global Capital Aware Fund. EQT is a subsidiary of EQT Holdings Limited (ABN 22 607 797 615), a publicly listed company on the Australian Securities Exchange (ASX: EQT). This information has been prepared by Insync Funds Management Pty Ltd (ABN 29 125 092 677, AFSL 322891) ("Insync"), to provide you with general information only. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any particular person. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. Neither Insync, EQT nor any of its related parties, their employees or directors, provide and warranty of accuracy or reliability in relation to such information or accepts any liability to any person who relies on it. Past performance should not be taken as an indicator of future performance. You should obtain a copy of the Product Disclosure Statement before making a decision about whether to invest in this product.