Syntax, a New York-based provider of financial data and technologies, acquired Tyemill, a Seattle, WA-based software research and development company.
The amount of the deal was not disclosed.
With the acquisition, Syntax will expand its in-house capabilities and resources to execute its growth strategy and deliver on its product roadmap.
As part of the integration, Tyemill’s CEO, Ellen Anderson, joined Syntax as Managing Director and Head of the Seattle Office.
Founded in 2010, Tyemill partners with industry in economic research, healthcare, and bioinformatics, building solutions to expedite early product adoption and capture market share, with customer experience at the core. The company’s tools are used in developing new methodologies for measuring risks associated with companies and investment vehicles, identifying trends in financial data and automating complex workflows. Projects involve designing scalable architecture, processing, distributing and analyzing big data, and automating complex workflows.
Led by CEO Patrick Shaddow, President and CEO, Syntax is a financial data and technology company that provides a proprietary approach to index construction, portfolio analysis, ESG and SDG measurement and other investment applications. Its patented Functional Information System (FIS) platform uses a systems approach to organize public and private companies. Clients can understand a company’s business characteristics and product lines to evaluate its risk and reward profile with pinpoint accuracy through its FIS-based Affinity platform.
FinSMEs
19/04/2023