TMX Group Limited Makes Strategic Investment in ETFLogic

NEW YORK–(BUSINESS WIRE)–ETFLogic, an American financial technology company and leading provider of analytical and portfolio tools for the wealth management industry and investment fund makers, today announced the closing of a equity investment, accepting a minority investment from TMX Group Limited, a global provider of data, quotation services, trading markets, clearing facilities and other services to the global financial community. This investment follows the successful launch of TMX LOGICLY, a collaboration between TMX Datalinx®, the information services division of TMX, and ETFLogic in January 2021.

“TMX is committed to pursuing strategic opportunities to partner with innovative early-stage companies that are driving the transformation of today’s investment industry,” said Jay Rajarathinam, Chief Operating Officer, TMX Group. “We are thrilled to announce this investment in ETFLogic, as we continue our collaborative work on TMX LOGICLY to help bring advisors and investors greater transparency and efficient access to valuable insights and tools.” Read the TMX release here: https://www.newswire.ca/news-releases/tmx-group-limited-makes-strategic-investment-in-etflogic-870092727.html

Founded in 2017, ETFLogic’s flagship product, LOGICLY, integrates multi-asset research, including ETFs, mutual funds and stocks, portfolio analysis, optimization and trading analytics based on AI in Portfolio Coach, an online portfolio management trading platform. Financial advisors, RIAs and broker-dealers serving clients in the United States, Canada and other global markets can access institutional-grade investment data and analytical tools. With these tools, wealth management advisors can better select and compare products for their clients, analyze a fund’s risk and exposure, ESG factors, liquidity, income and stock-based returns that compose it, and meet customer compliance requirements.

The financial advisor community uses LOGICLY’s suite of tools, including the one-of-a-kind Portfolio Coach, to meet growing client demand for transparency and link a client’s investment policy statement to results . Advisors gain a competitive edge with smart, fast workflows that simplify and automate portfolio management. LOGICLY tools provide daily monitoring and actionable alerts tailored to each client’s IPS, tax rebalancing, seamless custodian integrations, active trading recommendations and compliance audit trails. Portfolio Coach also offers advisors and businesses the option of using a custom index or model portfolio instead of the usual benchmark indices. Banks and other financial institutions that offer self-directed brokerage services use LOGICLY to provide customers with greater transparency by knowing what they have, paying the right price, and leveraging existing products to stay on track.

“Deepening our relationship with TMX, a company with a proven track record of innovation in the investment industry, is an exciting step forward for us,” said Emil Tarazi, CEO and co-founder of ETFLogic. “Working with TMX, we will strengthen our international distribution and further capitalize on the unique analytical and portfolio tools that the ETFLogic team has created for companies and advisors. Giving our users better data and better automation means they can do better for their clients. Better, more confident portfolio results, that’s what LOGICLY is all about.”

About ETFLogic

ETFLogic is a US-based financial technology company and provider of LOGICLY, the leading investment research, analytics and portfolio management tools and solutions for the financial advisory community, RIAs, brokers, asset managers, financial institutions, ETF issuers, compliance teams and hedge funds. LOGICLY provides global ETF and fund data across a comprehensive universe of funds, giving advisors a competitive advantage through powerful institutional-grade technology that streamlines research and analysis and automates portfolio management. LOGICLY also offers financial institutions via API, iFrame, widgets or custom builds a way to provide ETFs and mutual funds focused on self-managed solutions to an individual investor client base. Based in New York, ETFLogic serves a diverse and international client base. For more information about ETFLogic/LOGICLY, visit our website at https://logicly.finance/. Follow LOGICLY on LinkedIn at https://www.linkedin.com/showcase/logicly-platform/ and Twitter at https://twitter.com/InvestLogicly.

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