ETFLogic and TSX collaborate to deliver analytics to Canada’s ETF and wealth management industry
ETFLogic, a fintech analytics company, is partnering 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," says 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 USD250 billion in assets under management (AUM) across 800-plus 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 analyse 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 optimise 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 analyse ETF products in support of better-informed investment and trading decisions, to Canada's world-leading ETF industry," says 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.