Big xyt, an artificial intelligence (AI)-analytics provider for financial markets, has joined forces with exchange-traded fund (ETF) data provider Trackinsight to deliver better quality data for ETFs.
By combining the strengths of both firms, the collaboration is also aimed at enhancing ETF trading and investment insights for market participants worldwide.
According to big xyt, the global ETF market, with assets under management exceeding $14 trillion, is undergoing rapid evolution due to increasing product complexity, regulatory shifts, and growing demand for transparency.
The partnership will see the integration of big xyt’s secondary market analytics capabilities, which process billions of records daily, with Trackinsight’s extensive data on ETF references, primary market flows, and portfolio compositions.
This combination is expected to offer a unified, high-quality dataset for facilitating better decision-making for issuers, investors, exchanges, and other market participants.
Trackinsight CEO Philippe Malaise said: “Partnering with big xyt allows us to bring a new dimension to ETF data and analytics.
“Trackinsight’s focus on delivering accurate and comprehensive reference and primary market data, combined with big xyt’s expertise in secondary market analytics, creates a unique offering for the industry.”
Clients will be able to access a better view of liquidity across the ETF landscape by integrating primary and secondary market insights.
The collaboration is also expected to enhance trading efficiency and mitigate cost by providing greater clarity on liquidity and product quality.
Besides, the partnership will also advance pre-trade and post-trade analytics for assessing trading costs, liquidity, and market efficiency.
The alliance will also facilitate additional services such as global liquidity analysis and peer group analysis to help issuers benchmark their ETFs against competitors.
Big xyt CEO Robin Mess said: “At big xyt, we pride ourselves on our leadership in market analytics, offering deep insights into liquidity and trading dynamics across global markets.
“By aligning our expertise with Trackinsight’s exceptional reference and primary market data, we are creating a comprehensive solution that empowers investors, issuers, and intermediaries to navigate the ETF ecosystem with confidence and precision.”
