Indeed the DAC is for the synthesizer.
The MAX11300 is very interesting! I did not know, so I inquired about it, however there are several problems with this IC, firstly it is a 12bits, the voltage of the DAC is limited to -5 / + 5v or 0 / + 10v.
AD5360 can do -15v / + 15v, and it's a 16bits...