FactSet Launches AI Tools to Help Developers Build Financial Tech

FactSet has launched a new suite of AI-powered offerings aimed at technologists and developers looking to create proprietary workflows and accelerate AI innovations for the finance industry.

The rise of generative AI has opened up opportunities for financial professionals to make better, faster decisions, streamline research workflows, boost productivity, and automate tasks like generating reports and pitchbooks. But keeping up with the rapidly growing appetite for AI development and integration is a challenge for technologists.

FactSet's new three-pronged approach is designed to help address those challenges by optimizing AI's power, providing access to clean and accurate data at scale, and accelerating the pace of innovation.

"Every one of our clients, from junior bankers to wealth advisors to buy-side analysts to performance teams, rely on the breadth and depth of our connected data to drive their decision-making," said John Costigan, FactSet's Chief Data Officer.