TMX Datalinx Boosts Offerings with Acquisition of Verity
TMX Datalinx, a global provider of investment-grade data and workflow tools, has bolstered its client offerings with the acquisition of Verity, a prominent buy-side investment research management system, data, and analytics provider. This strategic move strengthens TMX Datalinx's position in delivering comprehensive financial insights across various asset classes.
Verity brings a wealth of dynamic financial data and proprietary analytics to TMX Datalinx, including insider activity, buybacks, executive compensation, and institutional holdings. Its two core product offerings, VerityRMS and VerityData, will significantly enhance TMX Datalinx's capabilities. VerityRMS is a market-leading research management system, while VerityData features enhanced datasets and insights focused on public equity filings.
The acquisition is set to benefit more than 5,000 TMX Datalinx clients worldwide. TMX Datalinx plans to continue advancing Verity's offerings, including their artificial intelligence capabilities, to enhance client investment outcomes and realize operational efficiencies.
TMX Group's acquisition of Verity enhances TMX Datalinx's global investment-grade data and insights offerings. With Verity's dynamic financial data and analytics, TMX Datalinx is well-positioned to deliver more comprehensive and valuable insights to its clients, further strengthening its market position.
