TipRanks Teams Up with Rakuten for Japanese Market Entry

Monday, 18/09/2023 | 11:26 GMT by Damian Chmiel
  • Both companies want to bring data-driven investment tools to the Japanese market.
  • Starting October 2023, the partnership will offer local investors top-tier stock research tools.
TipRanks
TipRanks

Looking to provide retail customers access to top-tier analytical tools, Rakuten Securities Inc., a leading online brokerage in Japan, has revealed a strategic partnership with TipRanks. Starting next month, this collaboration will equip Japanese investors with data-driven resources for making well-informed choices in global stock markets. Retail traders can now use the same data that major hedge funds rely on a daily basis.

TipRanks and Rakuten Offer a New Era for Japanese Investors

The partnership will provide Rakuten Securities' clients with access to TipRanks' comprehensive stock research tools. Investors can easily find recent analyst ratings, forecasted price targets, and consensus opinions, thereby aiding them in selecting the best stocks. Additionally, TipRanks will offer customized, real-time lists of the most-rated stocks by analysts, further simplifying the investment decision-making process.

Rakuten Securities' clients will gain insights into the investment strategies of leading hedge funds. TipRanks' data will reveal which stocks are included in a hedge fund's portfolio and their buying and selling activities. This feature enables investors to follow the investment patterns of hedge fund managers, adding another layer of strategy to their investment decisions.

Uri Gruenbaum, CEO TipRanks
Uri Gruenbaum, CEO TipRanks

"TipRanks is proud to enter the Japanese market with its integration into Rakuten Securities' brokerage platform," Uri Gruenbaum, the CEO of TipRanks, said. "Rakuten Securities, one of the two largest online brokerages in Japan, has again proven its strength as the brokerage company of choice for all customers – ranging from investment newcomers to seasoned traders – by choosing to partner with TipRanks."

Gruenbaum further emphasized that both companies will offer the latest stock research data and tools, leveling the playing field for all investors.

Insider Trading

The partnership will not only democratize access to high-quality financial data for Japanese investors., but also introduce a feature that identifies insider trading activities. TipRanks' technology scans Securities and Exchange Commission's (SEC) filings to determine the latest insider transactions, categorizing them as either informative or uninformative. Investors can then decide which insiders to follow based on their historical performance.

“Thanks to TipRanks’ wonderful service, Rakuten Securities users will be able to acquire more extensive investment information that will affect the future stock prices of individual US companies,” Yuji Kusunoki, the CEO of Rakuten Securities, commented.

TipRanks is a financial technology service provider based in Israel that has been in operation since 2012. It utilizes artificial intelligence (AI ) to analyze big data and provide retail investors with market movement insights. A few months ago, the Tel Aviv Stock Exchange integrated the Smart Portfolio offered by TipRants into its analysis set of tools.

Source: TASE
Source: TASE

On the other hand, Rakuten Securities is a part of the Japanese conglomerate Rakuten Group, founded in Tokyo in 1997. Rakuten is currently one of the largest retail brokers in the local market. Finance Magnates reported in July that the Japanese giant has also set its sights on AI development.

Looking to provide retail customers access to top-tier analytical tools, Rakuten Securities Inc., a leading online brokerage in Japan, has revealed a strategic partnership with TipRanks. Starting next month, this collaboration will equip Japanese investors with data-driven resources for making well-informed choices in global stock markets. Retail traders can now use the same data that major hedge funds rely on a daily basis.

TipRanks and Rakuten Offer a New Era for Japanese Investors

The partnership will provide Rakuten Securities' clients with access to TipRanks' comprehensive stock research tools. Investors can easily find recent analyst ratings, forecasted price targets, and consensus opinions, thereby aiding them in selecting the best stocks. Additionally, TipRanks will offer customized, real-time lists of the most-rated stocks by analysts, further simplifying the investment decision-making process.

Rakuten Securities' clients will gain insights into the investment strategies of leading hedge funds. TipRanks' data will reveal which stocks are included in a hedge fund's portfolio and their buying and selling activities. This feature enables investors to follow the investment patterns of hedge fund managers, adding another layer of strategy to their investment decisions.

Uri Gruenbaum, CEO TipRanks
Uri Gruenbaum, CEO TipRanks

"TipRanks is proud to enter the Japanese market with its integration into Rakuten Securities' brokerage platform," Uri Gruenbaum, the CEO of TipRanks, said. "Rakuten Securities, one of the two largest online brokerages in Japan, has again proven its strength as the brokerage company of choice for all customers – ranging from investment newcomers to seasoned traders – by choosing to partner with TipRanks."

Gruenbaum further emphasized that both companies will offer the latest stock research data and tools, leveling the playing field for all investors.

Insider Trading

The partnership will not only democratize access to high-quality financial data for Japanese investors., but also introduce a feature that identifies insider trading activities. TipRanks' technology scans Securities and Exchange Commission's (SEC) filings to determine the latest insider transactions, categorizing them as either informative or uninformative. Investors can then decide which insiders to follow based on their historical performance.

“Thanks to TipRanks’ wonderful service, Rakuten Securities users will be able to acquire more extensive investment information that will affect the future stock prices of individual US companies,” Yuji Kusunoki, the CEO of Rakuten Securities, commented.

TipRanks is a financial technology service provider based in Israel that has been in operation since 2012. It utilizes artificial intelligence (AI ) to analyze big data and provide retail investors with market movement insights. A few months ago, the Tel Aviv Stock Exchange integrated the Smart Portfolio offered by TipRants into its analysis set of tools.

Source: TASE
Source: TASE

On the other hand, Rakuten Securities is a part of the Japanese conglomerate Rakuten Group, founded in Tokyo in 1997. Rakuten is currently one of the largest retail brokers in the local market. Finance Magnates reported in July that the Japanese giant has also set its sights on AI development.

About the Author: Damian Chmiel
Damian Chmiel
  • 2071 Articles
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About the Author: Damian Chmiel
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
  • 2071 Articles
  • 57 Followers

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