Canalyst Financial Modeling Corp., which builds financial models used by fund analysts and portfolio managers to track 4,000 North American public equities, has attracted little notice outside its “nichiest of niche” business, as chief executive officer Damir Hot calls it.

Canalyst was founded in 2015 by a former Fidelity analyst, James Rife, who built the first version of the product for himself. This personal tool for analyzing stocks quickly picked up interest from institutional investors. The platform now serves asset managers globally, including analysts, portfolio managers, directors of research, and founders, who use the company’s data to inform their research.

Canalyst, a Vancouver-based platform offering financial models, completed a $20 million Series B financing led by an unnamed strategic investor with participation from Toronto-based ScaleUP Ventures and existing investors including Vanedge Capital, a Vancouver-based venture capital fund.  The raise will be used for geographic expansion and product enhancements, among other priorities.

VANCOUVER, JANUARY 20, 2020 — Canalyst, the leading independent provider of fundamental models to institutional investors, announced today that it has closed a $20 million Series B financing…

Canalyst is one of 12 Canadian financial technology firms set to visit Edinburgh as part of a trade mission to the UK this week.  The trade mission marks another successful year so far for the UK Fintech industry, which recorded a record level of investment in the first half of the year.

For our third case study, we sat down with Stephen Bradley Jr., the Founder and Portfolio Manager of GenCap Portfolio Management, to explore why he believes he has a competitive edge to beat industry and market trends.

For our second case study, we sat down with the founder of a new fund to learn more about how he’s using different solutions that save time and support the operations of his early stage business. Read on to see why this search led him to choose Canalyst.

The market was angry this quarterly earnings season, my friends. Like an old man trying to send back soup at a deli. In this edition, we bid adieu to 2018 with a look back at the last quarter and what we learned from market volatility. Also, product news and how to better weather stormy earnings in the future.

For our first case study, we sat down with a buyside firm to learn why shifting industry trends, cost pressures, and regulation all result in investors turning to external data providers and technology to find alpha. Read on to see how one buyside firm is weathering this tumultuous time in institutional finance, and why they call Canalyst, ‘the new industry standard’.

Welcome to the inaugural Canalyst Holiday Quiz, where you can test your smarts for fun, prizes, and bragging rights. We’ve compiled 18 brain teasers for 2018.

The dog days of summer seem like a distant memory now, as the back to school season has us refreshed and re-energized to make the last quarter of 2018 the best one yet. In this edition, we dig in to the stats updating thousands of models generates, and discuss why the current state of the market has us all fired up about disruption, and financial models, but not necessarily in that order.

Fund managers certainly need to make the best possible use of their time and resources – and apply their energies toward driving alpha. The best technology enables and boosts current processes, making this an evolutionary, rather than a revolutionary, trend.

“The confluence of a strong equity market, the success of public offerings from Dropbox and Spotify(SPOT), and rising interest rates have prompted traction for tech IPOs, says James Rife, head of equities at equity-research firm Canalyst.”

In this edition, we bring you a piece to help you embrace the Q1 earnings fatigue and take a look at a couple advantages of Canalyst.

MiFID II is only the latest shakeup reshaping the global research industry. As sell-side coverage continues to decline, there are many opportunities for fund managers that are willing to look at under-covered names, and there is an emerging set of tools that can facilitate that process.

In the final newsletter for 2017, we bring you a piece on smallcap value investing and shine a spotlight on Key Technology [KTEC].

In our second edition of our quarterly newsletter, we bring you our Turnaround Watch of 2017, a full IPO report on Freshii (FRII CN), and SumZero’s Top Hedge Fund Stock Picks of 2017. Read on for these stories, plus Canalyst news and events.

OCTOBER 25, 2016 – VANCOUVER, BC – Canalyst, an equity research technology provider for institutional finance professionals, announced today the launch of its US equity model database as part of its on-demand research platform…

AUGUST 29, 2016 – VANCOUVER, BC – Canalyst, an equity research tool provider for institutional finance professionals, announced today the closing of its oversubscribed $2.7 million seed financing led by Vanedge Capital to expand equity research platform…