Best Data Analytics Provider: FactSet
Inside Market Data & Inside Reference Data Awards 2019
FactSet retains its crown in the data analytics space after being named Best Data Analytics Provider for the fourth consecutive year. A vendor’s ability to hold its spot in a competitive market speaks volumes about its ability to innovate and create products that continuously help clients to drive productivity and performance. This award also marks a double win for FactSet at this year’s Inside Market Data & Inside Reference Data Awards, with its other in the Best Alternative Data Initiative category.
The company has evolved over the past 40 years from starting as a printed report—Company FactSet—to today providing more than 115,000 users worldwide with integrated data and analytics solutions across the investment life cycle. It first entered the portfolio management and analytics space in 1997 with the release of its Portfolio Analysis product. Since then it has expanded its product range with the overall aim of ensuring data is placed in context, with value-adding analytics layered on top.
“One area we targeted in 2018 was the development of key features for portfolio construction and management. This included enhancing and bringing our advanced risk analytics in real-time to the portfolio manager, through both new analytics models and a new Portfolio Manager Platform,” says Rob Robie, head of analytics and trading solutions at FactSet.
Other key enhancements over the past year have included the availability of more exchange-traded fund (ETF) data and analytics, a new universal screening application, which integrates ETFs alongside equity, debt and activism data, improved search and analysis tools for company filings, and the addition of a wide range of new data sources—from US bank regulatory financial data to reputational risk data, including environmental, social and governance risk research and analytics on more than 110,000 public and private companies from developed and emerging markets.
The company also launched a cloud-based data testing platform, FactSet Data Exploration, which allows users to evaluate datasets and build investment applications using industry-standard programming languages in a fully hosted environment provided by Microsoft Azure.
This year, the company will continue to enhance both its risk and fixed-income analytics, Robie says. FactSet is also focused on enhancements that ‘connect the dots’ between content sets and surfacing insights for its users.
“Over the next 12 to 24 months, we are going to be very aggressive in terms of how we use our engines to derive and surface information that a user may not necessarily look for on their own,” Robie says. “Having advanced analytics gives us that capability, and we will align that with technologies such as advanced application programming interfaces and machine learning through open ecosystems to do this.”
Read more about the Inside Market Data & Inside Reference Data Awards 2019 winners
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Waters Rankings 2024 winner's interview: Vneuron
Vneuron Risk & Compliance won the best AML compliance solution provider category in this year’s Waters Rankings.
Waters Rankings 2024 winner's interview: Cloud9
Cloud9, part of Symphony, won Best trading floor communication system provider category in this year’s Waters Rankings.
Waters Rankings 2024 winner's interview: AI Risk
New York-based AI Risk won the Best cyber security provider category in this year’s Waters Rankings.
Waters Rankings 2024: Best performance measurement and attribution system provider—FactSet
Product/service: FactSet Performance Solutions
IMD & IRD Awards 2024 winner's interview: Tradeweb
Tradeweb won Most innovative market data project in this year’s Inside Market Data & Inside Reference Data Awards.
IMD & IRD Awards 2024 winner's interview: S&P Global Market Intelligence
S&P Global Market Intelligence won Best corporate actions data initiative in this year’s Inside Market Data & Inside Reference Data Awards.
Waters Rankings 2024: Best outsourcing service provider—Northern Trust
Product/service: Integrated Trading Solutions