NEW YORK, April 5, 2023 /Business Wire/ -- Syntax LLC (“Syntax”), a leading provider of innovative financial data and technologies, announced today the launch of seven thematic indices on the SMArtX Advisory Solutions unified managed accounts (UMA) platform. The indices leverage Syntax’s patented classification system, Functional Information System (FIS®), which employs a systems-based approach to classifying a company’s business characteristics down to the product line level.
The seven thematic indices, the first that Syntax has made available on the SMArtX platform, include:
- Syntax Battery and Energy Storage
- Syntax Bio Revolution
- Syntax Cyber Security
- Syntax Defensive
- Syntax Digital Health
- Syntax Infrastructure
- Syntax Real Asset Ecosystem
“This launch marks the start of an exciting partnership with SMArtX. By offering Syntax’s thematic indices in the SMArtX marketplace, we are providing advisors and their clients pure exposure to emerging and evolving market trends,” said Syntax Chief Executive Officer and President, Patrick Shaddow.
Over the last two decades, global thematic assets under management have experienced exponential growth. Syntax’s thematic indices allow investors to invest in long-term, macroeconomic ideas and trends and benefit from opportunities that arise from secular shifts.
Andrei Senyuk, Head of Index Development at Syntax, said, “Companies in a thematic portfolio need to be materially engaged in the theme. Our thematic indices are developed using our proprietary FIS technology to precisely identify eligible companies that capture a targeted theme. This is aligned with Syntax’s mission to enable investors to make better decisions.”
“The addition of Syntax expands the number of indices and increases the diversity of investment solutions on the SMArtX UMA platform to offer access to themes that are otherwise not readily available,” said Evan Rapoport, Founder and CEO of SMArtX Advisory Solutions. “As one of the largest third-party distributors of indices, SMArtX can now help Syntax deliver their indices at scale within sleeved portfolios across the industry.”
For more information on Syntax’s thematic indices, visit www.syntaxindices.com/indices
About Syntax
Syntax LLC is a financial data and technology company that codifies business models into a relational system we call Affinity Data™. Syntax operates through three segments: Affinity Data™, Syntax Direct™, and Syntax Indices™. Using its patented FIS® technology inspired by systems sciences, the Affinity Data™ segment offers the most comprehensive, granular, and accurate product line revenue data available on the market. The Syntax Direct™ segment then uses this abundance of data to facilitate the near instantaneous creation and ongoing management of boundless direct indexing solutions and rules-based equity portfolios through a fully automated platform. The Syntax Indices™ segment offers customized and proprietary indices, including core global benchmarks and micro- and macro-thematic, smart beta, defined outcome, and target volatility indices. These indices are foundational for a range of financial products, such as ETFs, UITs, and structured products.
About SMArtX Advisory Solutions
SMArtX Advisory Solutions is an award-winning managed accounts technology provider and manages SMArtX, a turnkey asset management platform (‘TAMP’). SMArtX’s API-first, cloud-native technology operates within a modular, micro-services architecture, providing clients a tailored solution catered to their unique specifications. SMArtX is available as an off-the-shelf TAMP for advisors seeking wider selection of investment product and ease of use, while automating the investment processes and simplifying the everyday tasks of managing client accounts. SMArtX also licenses its proprietary technology to enterprise firms looking to create, customize, or upgrade their existing managed accounts technology as a standalone or fully integrated solution. SMArtX is the managed account technology and TAMP platform of choice for multiple RIAs, broker-dealers, and asset managers. Learn more at www.smartxadvisory.com