Finance News

Syntax Acquires Tyemill to Strengthen its Product Research and Development Capabilities

Syntax Acquires Tyemill to Strengthen its Product Research and Development Capabilities

Syntax, a leading provider of innovative financial data and technologies, is pleased to announce the acquisition of the assets of Tyemill, a software research and development company headquartered in Seattle, Washington. The Tyemill team of 24 engineering, design and operations professionals became part of Syntax, effective March 1, 2023. As part of the integration, Tyemill’s CEO, Ellen Anderson, joined Syntax as Managing Director and Head of the Seattle Office.

“With Tyemill joining Syntax, the combined teams will continue to develop and launch groundbreaking products and services”

“With Tyemill joining Syntax, the combined teams will continue to develop and launch groundbreaking products and services,” said Patrick Shaddow, Syntax President and CEO. “Adding Tyemill’s expertise to our organization will enable us to deliver a seamless client experience and provide differentiated data that serve the investment community.”

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The acquisition expands Syntax’s in-house capabilities and resources to execute its growth strategy and deliver on its robust product roadmap. Founded in 2010, Tyemill has supported Syntax’s economic research with technology that powers patented systems and proprietary commercial software applications. Tyemill’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.

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“While changes are on the horizon, our passion remains unchanged,” stated Ellen Anderson. “Our shared vision, combined with the FIS methodology and domain expertise, will enable us as one team to continue driving product innovation and accelerate disruptions in the industry as we write our next chapter as a data company.”

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