ICM Asset Management, the international private equity investment and management firm, announced today that it has acquired an interest in Calgary based Nine Dynamics, The partnership represents ICM’s second investment in the newly formed ICM Advantage Venture Capital Corporation.
Nine Dynamics is reimagining modern investment analysis through a software as a service (SaaS) product named TITAN that delivers high-caliber, easy-to-understand visualizations to a wide range of customers across the financial sector. It provides time saving, sophisticated analysis to professional money managers, active investors, academic institutions, research professionals and others. The financial technology company has built a predictive analytics and artificial intelligence platform on Microsoft Azure With Microsoft Power BI Embedded, Azure Analytics Services, and Azure Stream Analytics. Management has strategic relationships with financial data provider FactSet as well as with Microsoft.
“We are excited to be partnering with the Nine Dynamic’s team and are impressed with how TITAN provides user friendly and easily accessible state-of the-art investment insights” said David Vankka, ICM’s Partner, Managing Director and Portfolio Manger. “TITAN has the potential to transform how active professionals research and invest."
About ICM Advantage Venture Capital Corporation
ICM Advantage Venture Capital Corporation invests in a high growth portfolio of later stage venture companies with strong management teams, commercial products and services, distinguishable competitive advantages and excellent return potential. Learn more at www.icmadvantagevcc.com