Patrick Shaddow Joins Syntax Indices as President

NEW YORK--(BUSINESS WIRE)--Syntax Indices is pleased to announce that Patrick Shaddow will join as President, effective September 7, 2021. Mr. Shaddow will be responsible for all aspects of index development and production at Syntax Indices. He will also participate in key strategic initiatives for delivering indexed exposure to financial consumers worldwide.

Mr. Shaddow, formerly Head of Index Operations at Alerian and S-Network Global Indexes Inc., brings with him a wealth of experience in both the development and production of financial indexes over a 15-year career. He began his career as a research and quantitative analyst for Dow Jones Indices.

“We are excited to have Patrick join our management team,” said Rory Riggs, CEO and Founder of Syntax. “He brings a unique skill set and amazing record in using complex data to build innovative financial products. We are looking forward to working with Patrick to build our Affinity^TM data platform and portfolio solutions.”

Said Mr. Shaddow, “Syntax offers a formidable base of talent and technology upon which to build a premier financial technology company focusing on sound and effective portfolio construction.”

“Patrick will serve as a key link in applying Syntax’s state-of-the-art technology to address the needs of sophisticated financial clients worldwide,” said Jonathan Chandler, Chief Operating Officer of Syntax Indices.

Syntax Indices’ patented technologies parse global equity markets to identify diversified exposures with pinpoint accuracy to meet complex performance expectations. Syntax’s strategic approach, (“Stratified Weight”) is a significant re-evaluation of cap-weighted indexing, which often leads to unintended over-concentration in a small group of large companies in one industry.

About Syntax Indices

Syntax Indices is a financial index and analytics provider based in New York. Syntax’s mission is to build innovative, transparent financial products and technologies designed for the investment objectives of a broad range of clients. Syntax’s index and data products are developed from its patented Affinity^TM data platform. Syntax offers a suite of Stratified Benchmark Indices that reweight the most widely used benchmarks, including the S&P 500, Russell 1000, and MSCI EAFE using the Stratified Weight methodology. Syntax also provides Stratified Sector Indices, Stratified Thematic Indices, custom index solutions, Affinity portfolio analysis and data suite, and responsible investing analytics.

www.syntaxindices.com