This Week: FactSet/Truvalue Labs, Euronext, Finastra/CloudMargin, DTCC, and More

A summary of some of the past week's financial technology news.

News

FactSet Acquires Truvalue Labs

Data giant FactSet has entered into a definitive agreement to purchase Truevalue Labs, which uses artificial intelligence (AI) to analyze environmental, social, and governance (ESG) data. The transaction is expected to close later this year.

Truvalue Labs joined the Open:FactSet Marketplace in 2018, and its data is already successfully integrated for use with current FactSet content and products, including the FactSet Workstation.

Founded in 2013 and

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Back to basics: Taxonomies, lineage still stifle data efforts

Voice of the CDO: While data professionals are increasingly showing their value when it comes to analytics and AI adoption, their main job is still—crucially—getting a strong data foundation in place. That starts with taxonomies and lineage.

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