The collaboration leverages both FactSet and CID’s leading AI solutions to build a joint data lake for the financial industry, which merges unstructured public web content with FactSet’s structured content sets, along with optional third-party and client content into vast entity-relationship graphs.
FactSet’s agreement with CID offers the tools to extract and uncover valuable insights from qualitative, unstructured datasets to support FactSet clients’ enhanced business processes and deepened client interactions.
“The alliance with CID strengthens our AI capabilities so that clients can benefit from more actionable insights,” said
“Our relationship with FactSet underlines the core value our systems provide,” said
FactSet and CID will continue working together to launch additional AI-related products and services to further strengthen its AI capabilities and solve client’s workflow challenges. To learn more about FactSet’s AI offering, visit: Artificial Intelligence | FactSet.
About FactSet
FactSet (NYSE:FDS | NASDAQ:FDS) delivers superior content, analytics, and flexible technology to help more than 170,000 users see and seize opportunity sooner. We give investment professionals the edge to outperform with informed insights, workflow solutions across the portfolio lifecycle, and industry-leading support from dedicated specialists. We're proud to have been recognized with multiple awards for our analytical and data-driven solutions, with the distinction of having been recently added to the S&P 500, and repeatedly scored 100 by the Human Rights Campaign® Corporate Equality Index for our LGBTQ+ inclusive policies and practices. Subscribe to our thought leadership blog to get fresh insight delivered daily at insight.factset.com. Learn more at www.factset.com and follow us on Twitter: www.twitter.com/factset.
About CID
CID is an artificial intelligence software innovator headquartered nearby
FactSet
Investor Relations Contact:
Kendra Brown
+1.203.810.2684
kbrown@factset.com
Media Contacts:
Benedicte Godet
+33 645711658
Benedicte.godet@factset.com
Megan Kovach
+1 (512) 736-2795
megan.kovach@factset.com
CID
Client Relations Contact:
Alexander Stumpfegger
+49 6051 8846 101
a.stumpfegger@cid.com
Source: FactSet Research Systems Inc.
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