SIX Partners with Syntax to Enhance Financial Data Insights

Unlocking Business Potential Through Partnership

SIX, the prominent Swiss-based financial data expert, has initiated a powerful partnership with Syntax, a leader in innovative financial technologies. This collaboration promises to reshape how clients interpret financial data, offering access to Syntax’s advanced multi-sector company classifications that illuminate the diverse business models of companies globally.

Enhanced Financial Analysis Capabilities

This synergy allows SIX to provide comprehensive revenue and product line data, crucial for understanding the complexities of modern enterprises. Syntax's well-protected data, safeguarded by 21 patents, encompasses over 7,000 companies worldwide and features historical data on more than 11,000 entities. By translating varied company reports into a common format, Syntax fosters a climate of accurate comparisons and deep analysis, empowering financial professionals to identify potential risks associated with intricate business models effectively.

A Commitment to Excellence

SIX’s dedication to furnishing clients with reliable and integrated data is fulfilled through its partnership with Syntax. Syntax’s analytical prowess transforms annual reports into clear, comparable metrics, enriching the client’s decision-making process. This meticulous conversion lays the foundation for a high level of transparent financial analysis, which is essential in today's fast-paced financial landscape.

Understanding Complex Business Models

Syntax's public company data is presented in distinct structures and includes sector taxonomies that categorize reported revenues from various products and product lines. The categorization even extends to highlight firms engaged in specific thematic industries like renewable energy, advanced technology, and more, facilitating effortless navigation through the industry's complexities.

Insights from Industry Leaders

Ryan Etherington, the Senior Product Manager for Reference Data at SIX, articulates the significance of this partnership: “By collaborating with Syntax, our customers can gain an extensive understanding of a company’s operations beyond its primary offerings. This integration enhances our security master, aiding clients in portfolio understanding while forming precise peer groups that illustrate essential insights often overlooked in traditional classifications.”

Transformative Industry Influences

Patrick Shaddow, the CEO of Syntax, expresses excitement regarding this partnership: “The data we offer is revolutionary for the financial sector. Our collaboration with SIX facilitates the delivery of a market-leading product to financial intermediaries worldwide, ensuring that we can provide unparalleled detail concerning public companies in global financial markets.”

About SIX

SIX operates and maintains robust and predictable infrastructure services tailored to the needs of financial centers. It guarantees efficient access to capital markets, empowering financial players to exchange information and funds effectively. The company excels in providing high-caliber reference, pricing, corporate actions, and ESG data, underscored by its commitment to regulatory services and indices. The firm prides itself on being user-owned, with over 120 banks as stakeholders and a workforce of 4,160 employees distributed across 19 countries.

About Syntax

Syntax LLC stands at the forefront of financial technology, transforming business models into a coherent relational framework known as Affinity Data. The company operates through distinct segments—Affinity Data, Syntax Direct, and Syntax Indices. Its patented FIS technology, rooted in systems science, yields the most comprehensive product line revenue data available. The Syntax Direct segment takes this wealth of data and enables quick creation and management of customized direct indexing solutions, further enriching investment strategies. Meanwhile, Syntax Indices caters to a diverse array of financial products, delivering customized indices tailored to meet various market needs.

Frequently Asked Questions

What is the focus of the partnership between SIX and Syntax?

The partnership aims to enhance financial data analysis by providing advanced company classifications that aid in understanding diverse business models.

How does Syntax’s data improve financial analysis?

Syntax provides detailed and standardized revenue and product data, allowing for accurate comparisons across different companies and sectors.

What benefits does this collaboration bring to clients?

Clients gain comprehensive insights into business operations, enabling informed decision-making that considers complex revenue streams and risks.

Who is Ryan Etherington?

Ryan Etherington is the Senior Product Manager for Reference Data at SIX, advocating for the integration of high-quality data to enhance client understanding.

What does Syntax provide through its various segments?

Syntax offers a wide range of financial data and technology solutions, including product line revenue data, automated direct indexing, and customized indices.

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