TBC Capital, a financial institution in Georgia, has integrated TipRanks’ proprietary tools into its platform, thus enhancing its offerings to customers with access to financial data and tools. According to TipRanks, it provides access to “financial data that’s usually reserved for hedge funds and high-net-worth institutional investors.”

TBC Capital Integrates TipRanks’ Tool

Announced yesterday (Tuesday), TBC Capital’s investment platform will now provide its customers access to TipRanks’ Analyst Forecast tool and Bull and Bear Summary.

The Analyst Forecast provides analyst consensus, price forecast, and projected upside and downside of stocks and exchange-traded funds. The Bull and Bear Summary, on the other hand, shows overall analyst sentiment on every stock, summarizing the analysts’ considerations guiding those sentiments.

“TBC Capital, functioning as a prudent investment advisor, targets to streamline decision-making for investors,” said Meri Chachanidze, the Managing Director of TBC Capital. “The addition of two new features to TBC Capital’s investment platform, in collaboration with TipRanks, seamlessly aligns with this mission.”

“The process of making investment decisions on the platform has now become more accessible and, crucially, is grounded in the expert forecasts of analysts. Our ongoing objective is to consistently enhance TBC Capital’s investment platform, providing users with tailored functions that meet their needs and assisting them in making informed investment choices.”

Expansion Continues

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.

Over the years, the company has partnered with several brokerages, exchanges, and other financial institutions across borders. The Israeli company entered the Japanese and Chinese markets by inking deals with Rakuten and Futu. Tel Aviv Stock Exchange and brokers across Europe, the United States, the United Kingdom, and several other countries have also integrated its tools.

“This is the first partnership in the Georgian market for TipRanks, and I am confident that it will bring further success to TBC Capital and TipRanks alike,” TipRanks’ CEO, Uri Gruenbaum, said. “This business combination, like so many of our partnerships with other financial institutions, advances TipRanks’ goal of leveling the playing field for everyday investors.”