Syntax LLC has recently announced its merger with Locus Analytics, LLC, a sister company that focuses on economic research and the development of patented Functional Information System (FIS®) technology. The merger will allow Syntax to integrate Locus’s personnel and intellectual property, including over 20 issued US patents and trademarks, into its existing product research and development capabilities. The addition of Locus will further advance Syntax’s growth strategy and drive innovation. The company aims to become the financial and economic data company of the future by developing a unified database of public and private companies tagged with Locus’s multi-attribute FIS classification system.
The merger between Syntax and Locus will enable investment managers to view private company data through the same database and lenses as their public company investments. Syntax’s Affinity platform will benefit from Locus’s private company FIS classification database, becoming an integral solution for investors. The addition of private companies to Syntax’s existing public company database will expand the company’s capabilities to solve problems for its clients.
Established in 2009 by Syntax’s founder, Rory Riggs, Locus Analytics pioneered the use of Systems Economics and developed FIS technology to organize business and economic data. FIS technology is used by Syntax and Locus to classify companies based on their functional characteristics and product lines, providing clients with a comprehensive understanding of a company’s risk and reward profile.
The merger will allow Syntax to develop a unified database of public and private companies tagged with Locus’s multi-attribute FIS classification system. This development will expand Syntax’s existing capabilities to provide innovative financial data and technologies to its clients. The company’s patented FIS platform goes beyond traditional sector and industry classification and employs a systems approach to organize and link public and private companies using FIS’s standardized multi-attribute system.
The merger between Syntax and Locus is a strategic move that will allow Syntax to advance its growth strategy and drive innovation. By integrating Locus’s personnel and intellectual property, Syntax will expand its existing product research and development capabilities. The addition of Locus’s private company FIS classification database to Syntax’s public company database will provide investment managers with a comprehensive solution for evaluating companies and analyzing their portfolios. The merger represents Syntax’s strategic plans for becoming the financial and economic data company of the future.