Syntax Announces Merger with Sister Company Locus Analytics
Summary
As a result of the merger, Syntax will integrate Locus’s personnel and intellectual property, including more than 20 issued U.S. patents and trademarks. The addition of Locus will help Syntax to advance its growth strategy and drive innovation, increasing its existing product research and development capabilities. This merger enables Syntax to develop a unified database of public and private companies tagged with Locus’ multi-attribute FIS classification system. Adding private companies to the mix will be a game changer and expand Syntax’s capabilities to solve problems for our clients.” Syntax is a financial data and technology company that has pioneered a proprietary systems-based approach to business classification, index construction, portfolio analysis, ESG and SDG measurement and other investment applications. Clients can understand a company’s business characteristics and product lines to evaluate its risk and reward profile with pinpoint accuracy through Syntax’s FIS-based Affinity® platform.
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