On November 21, 2024, FactSet announced its Intelligent Platform initiative, marking a strategic move to integrate conversational AI at the platform level. This initiative aims to supercharge client workflows across its global financial digital platform.
The Intelligent Platform connects an enhanced FactSet Mercury, the company’s GenAI-powered chatbot, to FactSet’s existing AI-powered solutions. This integration is designed to enable next-generation search intelligence and deliver practical, 'workhorse' solutions for productivity and efficiency gains.
This strategic shift positions FactSet to embed AI deeper into client workflows, offering tangible benefits for buy-side and sell-side clients. The initiative is expected to increase client stickiness and drive incremental ASV through new product adoption.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.