NEW YORK--(BUSINESS WIRE)--ETFLogic, a leading Fintech analytics company, today announced a collaboration agreement with TMX Group Limited’s subsidiary TSX Inc., to provide advanced analytics to ETF issuers, financial advisors, fund managers, corporate investor relations professionals, and all other professionals involved in the wealth management industry in Canada.
"We are very excited to be expanding our analytics services into Canada," said Dan Brodsky, COO, and Co-Founder of ETFLogic. "Working with TSX Inc., we will help provide both ETF issuers and wealth managers with the latest tools to navigate investments and perform a wide range of portfolio analysis and construction tasks in less time while growing their client base."
Under the terms of the new agreement, TSX Inc. clients across Canada's ETF ecosystem, which represents approximately $250 billion in assets under management (AUM) across 800+ ETFs, will gain access to ETFLogic's Logicly platform branded with TSX Inc., a comprehensive solution that streamlines ETF research, portfolio analysis and trading analytics in a seamless investment workflow tool. The platform, that will be known as TMX Logicly, provides wealth management professionals with the analytics and tools they need to navigate and analyze risk and exposure, ESG factors, underlying liquidity, income, and returns based on the ETF's constituent holdings. Equipped with these tools, advisors can efficiently and effectively compare products and apply the latest ETF screeners to optimize their clients' portfolios.
"TSX Inc. is pleased to join forces with ETFLogic to bring the TMX Logicly platform, a powerful resource that enables investment managers and advisors to better analyze ETF products in support of better-informed investment and trading decisions, to Canada's world-leading ETF industry," said Selwyn Collaco, Chief Data Officer of TMX Group. "As the popularity of ETFs continues to grow, so does the demand for meaningful and actionable insights. TSX Inc. continues to advance our analytics product suite, providing market participants with cutting-edge tools to turn data into insights.
The agreement is slated to launch during the first quarter of 2021. For more information, please visit www.tmx.com/logicly
ETFLogic is the leading ETF technology company, providing analytics and portfolio tools to ETF issuers, institutions, and financial advisors to provide better transparency and education throughout the ecosystem. Started in 2017 by former market makers and traders, ETFLogic has developed solutions for the global ETF ecosystem to provide greater transparency and simplify complex quantitative processes. Our solutions include our web-based Logicly analytics platform, in addition to customized ETF datasets and custom built analytic solutions. ETFLogic is headquartered in New York City, but operates at a global scale across North American, European, Australian, and Asian markets. For more information about ETFLogic, go to ETFLogic.io.
Logicly by ETFLogic is the leading analytics tool for financial advisors, streamlining investment research and portfolio construction workflows and simplifying complex data into easy visuals to get right to the important insights for portfolio management and to share with clients.