Israel’s Tel Avil Stock Exchange (TASE) has integrated TipRanks’ Smart Portfolio solution with the bourse’s new consumer-facing platform, TASE+, which provides users insight into their portfolio holdings, Finance Magnates learned exclusively.

TASE and TipRanks Collaborate

“We are excited to introduce our innovative Smart Portfolio to the Start-Up Nation,” said the CEO of TipRanks, Uri Gruenbaum.

“Now, all Israeli investors who trade on the TASE will have access to the same top-level investing insights as professional traders and hedge funds. TipRanks levels the playing field for everyday investors, giving them the tools to make smarter, data-driven investing decisions.”

The Israeli stock exchange developed the TASE+ platform with its partnership with TipRanks. The new platform is available in Hebrew and English and supports stocks listed in Israel and the United States.

The platform would help investors to make data-driven information, the company highlighted. It will allow portfolio analysis based on parameters like Beta and P/E, follow their dividends, and even compare their holdings’ analyst ratings.

Further, the new platform will display TipRanks’ Smart Score, which is based on several technical and fundamental parameters, alongside all stocks and exchange-traded funds (ETFs).

The Popularity of Such a Platform Is Proven

TASE is the second to use TipRanks’ solutions – US-based Nasdaq was the first to integrate the Smart Portfolio solution, that, according to the company, “has seen strong engagement and popularity.”

TipRanks was established in 2012 and offers a stock research platform that makes alternative databases available to retail traders. It uses natural language processing to analyze the performance of professional analysts for its services.

It inked a partnership deal with Admirals (previously Admiral Markets) last year and entered the Chinese market, partnering with Futu. Earlier, it entered the US by partnering with eTrade, Canada with TD Bank, and India with Stockal, an investing platform providing Indian retail investors direct access to US stocks. In addition, it launched its services in the United Kingdom.

Meanwhile, TipRanks enhanced its offerings by acquiring New Jersey-based The Fly, a digital publisher of real-time financial news, earlier this year. It even launched an ETF research tool for retail investors.

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