Is tone match kind of a linear/ static eq?

666was999

Fractal Fanatic
Hi!
Maybe this has been answered before and I just didn't see it. I also don't know wich string to enter in the search to get my question answered, sorry. Hope you can answer it.
How exactly works or what exaclty is tone match?
Is it a static eq? A dynamic eq? Does it care about distortion and care a about compression?
When I take an IR of my cab first, what is the part of the sound that the IR could not capture but the TN can?

Sorry for being nerdic, but I really like to know.
 
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