SIX announced it’s adding Syntax’s multi-sector company classifications for insights into the intricate business models of thousands of companies worldwide, which includes detailed revenue and product line sector data reflecting the multifaceted nature of modern enterprises.
Syntax’s standardized approach transforms diverse company reports into a unified language, enabling precise comparisons and in-depth analysis. Financial professionals can now pinpoint business risks inherent in complex business models with accuracy. This advanced data, protected by 21 patents, spans over 7,000 companies globally and includes historical data on more than 11,000 companies.
The public company data is available in unique structures, including a sector taxonomy that breaks down reported revenues from individual products and product lines. Additionally, Syntax identifies companies involved in hundreds of specific thematic businesses, such as battery production, cloud computing, and solar power.
Ryan Etherington, senior product manager for Reference Data at SIX, said in a statement: “Partnering with Syntax allows our customers to grasp the full scope of a company’s operations beyond their main product line. By integrating with our high-quality security master, clients can fully understand their portfolios, generate accurate peer groups, and gain insights that traditional classifications cannot provide.”
Patrick Shaddow, CEO of Syntax, said in a statement: “Syntax’s data is a true game-changer for the industry. We are thrilled to partner with SIX to deliver a market-leading product to financial intermediaries worldwide, offering an unmatched level of public company detail in financial markets.”