Syntax, a New York-based fintech company pioneering economic data intelligence and next-generation index technologies, announced a deep technology integration with Schwab Advisor Services, connecting Syntax Direct℠, Syntax’s index development and production engine, directly to iRebal, Schwab’s rebalancing platform.

Read More on Fintech : Global Fintech Interview with Shai Gabay, CEO at Trustmi

By pairing Syntax Direct with iRebal, we’re keeping advisors firmly in the driver’s seat, giving them control over portfolio customization while making personalization more accessible and scalable for their business.

The two platforms provide a complete end-to-end solution that incorporates index creation, index calculation, model management, trading and tax management support to registered investment advisors.

This integration eliminates the manual handoff that has historically separated index design from portfolio implementation. iRebal users can access Syntax Direct through single sign-on to build custom indices, which now flow into iRebal through an API integration. There, the indices serve as model portfolios that can be rebalanced, tax-managed, and personalized down to the individual account and fractional share.

“For financial advisors who want to build and manage personalized portfolios themselves, finding a solution that delivers flexibility without adding complexity hasn’t always been easy,” said Patrick Shaddow, CEO of Syntax. “By pairing Syntax Direct with iRebal, we’re keeping advisors firmly in the driver’s seat, giving them control over portfolio customization while making personalization more accessible and scalable for their business.”

While direct indexing has expanded access to personalized portfolios, it has long relied on a limited pipeline of benchmark indices, placing constraints on customization and putting a cap on scalability.

Source link