FactSet Rolls Out AI-Backed Search, Bank Workflow Tools

FactSet has begun rolling out an artificial intelligence document search tool to 85,000 financial professionals, enabling them to access and extract insights from unstructured datasets including transcripts, filings and news.

The beta release follows previous integrations with external large language models and the appointment of a chief artificial intelligence officer, Kate Stepp.

“AI is fundamentally altering the financial landscape, and FactSet is proud to set the standard for trustworthy, impactful adoption,” Stepp said.

The tool includes a natural language agent for automated summaries and a comparison grid to benchmark different companies.

The Norwalk, Connecticut-based financial digital platform provider also unveiled an alpha version of an AI ecosystem for banking workflows. The software automates deal processes and research tasks through a collaboration with Finster AI, a company in which FactSet has also invested.

Users can generate pitch materials, memos and company profiles using natural language prompts within a secure environment. Stepp said the software delivers an agentic ecosystem that unlocks access to datasets and task automation capabilities.

It integrates with the FactSet workstation and Microsoft Office, allowing clients to incorporate proprietary data through various deployment configurations.

Clarity AI to Add New Climate Data Sets in Tie-Up With RiskThinking

Clarity AI will integrate granular climate-related data from more than three million assets into the US-based sustainability tech company’s platform as part of a deal with climate modelling provider RiskThinking.

The integration uses a digital twin platform to simulate hydrologic models across various climate scenarios and warming levels. The move is aimed at providing transparency into climate vulnerability and biodiversity impact.

“We are bridging the gap between corporate-level reporting and asset-level reality,” said Rebeca Minguela, chief executive and founder of Clarity AI. “While top-down models provide an essential high-level perspective, our partnership with RiskThinking adds the granular detail required for rigorous audit and risk analysis.”

The platform can be accessed via a web app, through artificial intelligence agents and through an API, an MCP and other connectors. It will “empower our clients to see the full picture of how climate and nature affect their portfolios”, Minguela added.

Gresham Renames S&P Data Management Acquisition Opus EDM

Enterprise data automation specialist Gresham has changed the name of the data management platform it acquired from S&P Global Market Intelligence.

Opus EDM, which was previously known as Markit EDM and IHS Markit EDM, has been integrated into Gresham’s portfolio to support data operations for financial institutions.

More than 150 firms use the software to manage about US$12 trillion in assets across global capital markets.

Gresham chief executive Mark Hepsworth said the new name heralds an era focused on product innovation, artificial intelligence enablement and managed services to reduce total cost of ownership.

Opus EDM operates alongside the existing Prime EDM product to offer buy-side and sell-side clients a broader range of technical capabilities.

FIX Trading Community Urges Regulatory Alignment in Response to FCA Consultations

The FIX Trading Community has called for significant changes to UK financial regulation in its formal response to FCA consultations on the UK consolidated tape and transaction reporting. Executive Director Jim Kaye emphasised that harmonising UK reporting rules more closely with EU standards would reduce complexity, lower the reporting burden, and improve the quality of market data. By addressing current concerns with post-trade transparency, the association aims to boost investor confidence in UK-based liquidity.

Regarding the 2027 equities consolidated tape, FIX recommends a single provider to ensure a “single source of truth.” Key proposals include aligning off-venue transparency exemptions with off-book exchange trades, removing duplicative reporting for trades already captured by EU Approved Publication Arrangements, and introducing disclosures for trade execution methodology. The association also seeks clearer regulatory guidelines for order chains and cross-border transactions to eliminate ambiguity in reporting responsibilities.

On transaction reporting, FIX advocates for a pragmatic approach to data sourcing, including the use of Legal Entity Identifiers for trusts and the FCA’s FIRDS as a primary data source. The response suggests removing specific RTS 22 fields while preserving essential transparency data. However, the association cautioned that proposed changes to data points, such as DEA indicators, may require significant system upgrades for firms. Overall, the recommendations focus on simplifying logic and maintaining data quality to support market integrity.

NetApp Unveils NVIDIA-based Software Stack to Manage Data for AI

NetApp has launched its AI Data Engine platform to manage enterprise data for artificial intelligence.

The software stack integrates with NVIDIA reference designs to create a unified metadata catalogue for global data estates. The system identifies and governs unstructured data by analysing file content in place to enrich metadata without moving files.

“Despite massive investments and market pressures to leverage AI for improved productivity and enhanced business decision making, data challenges are bottlenecking projects before they even reach production,” said Syam Nair, chief product officer at the data infrastructure company.

“To take back control of their data, customers need a mature enterprise-grade data platform that was designed disaggregated and intelligent from the beginning so that storage, services, and control scale independently without lock-in.”

The initial release begins this month for select partners, with broad availability scheduled for early summer across various cloud and on-premises environments.

Informatica Expands Microsoft Fabric Tie-Up

Informatica has deepened its integration with Microsoft Fabric and launched a new Swiss data pod.

The update provides general availability for the Intelligent Data Management Cloud to support Microsoft Fabric Open Mirroring. This integration enables customers to synchronise data from over 300 enterprise sources into mirrored databases with one click.

Embedding this support helps organisations streamline ingestion while ensuring data is governed and ready for analytics, the company said.

“As organisations are accelerating their AI and analytics initiatives, they require trusted context to succeed,” said Krish Vitaldevara, chief product officer at Informatica. “By embedding support for Microsoft Fabric Open Mirroring directly into IDMC, we are helping customers streamline ingestion from more than 300 enterprise sources while helping to ensure data is governed, high quality, and ready for analytics and AI at scale.”

A Switzerland-based infrastructure to support European data residency, sovereignty and local regulatory requirements has also been created.

S&P Global’s Capital IQ Pro Updated with AI and More Datasets

S&P Global has updated its Capital IQ Pro platform with artificial intelligence capabilities and expanded datasets.

The update integrates ProntoNLP sentiment analysis into document workflows and follows the acquisition of Drift AI to automate Excel-based financial modelling.

The developments build upon the 2025 purchase of ProntoNLP to enhance the assessment of earnings call transcripts and textual data.

Warren Breakstone, head of data and research at S&P Market Intelligence, said the company continues to deliver new AI-powered capabilities while unlocking the platform to support agentic use cases.

Expanded data coverage now includes four million structured securities, biopharma pipeline analytics and 20,000 private-market investment documents.

New ICE Data Product Provides Transparency into Private Markets

Intercontinental Exchange (ICE) has created ICE Private Credit Intelligence to increase transparency in the private credit market.

The platform establishes a data infrastructure layer for the US$40 trillion asset class by offering secure data sharing and standardised reference sets. Apollo serves as the anchor partner for the launch, which aims to provide data consistency similar to public credit markets.

“By bringing our vast data science expertise, and working with a leading firm like Apollo, we’re excited to launch a new service that will solve crucial challenges in the private credit market and ultimately offer new opportunities to our customers,” said Chris Edmonds, president of ICE Fixed Income and Data Services.

Future updates will include performance analytics and pricing insights to assist with portfolio management and risk assessment.

Abrigo Acquires 360 View for CRM Incorporation

Compliance and lending software provider Abrigo has acquired 360 View, incorporating the London-based company’s customer relationship management and marketing automation tools.

The acquisition follows a series of investments by the company, which serves financial institutions, to integrate customer data with risk management and lending solutions.

Raleigh, North Carolina-based Abrigo’s chief executive Jay Blandford said that the 360 View capabilities would transform customer data into actionable intelligence.

“Financial institutions are looking for smarter, more practical ways to grow,” Blandford said. “These capabilities will build on our holistic approach to data analytics – an important part of our corporate strategy – to better serve customers in an increasingly competitive banking market. Together, we will help banks and credit unions move from fragmented data to a cohesive approach and measurable results.”

The modular platform includes referral tracking, automated onboarding and portfolio-level profitability insights.

Solidatus Unveils Agentic AI Assistant for Data Lineage

Solidatus has launched the Solidatus AI Lineage Assistant, deploying agentic artificial intelligence to automate the creation and maintenance of data maps across enterprise estates.

The tool addresses regulatory requirements such as BCBS 239 and the EU AI Act by documenting data movement and transformations.
Philip Dutton, founder and chief executive of the data lineage software provider, said that the assistant enables teams to move at the speed regulators demand without sacrificing human oversight and accountability.

“Regulators and boards increasingly expect organisations to demonstrate not just what decisions were made, but exactly what data underpinned them, where that data came from, how it was transformed and whether it can be trusted,” said Dutton. “Delivering that level of evidence at the speed modern enterprises require means rethinking how lineage is built and maintained. Approaches that combine AI-driven automation with human validation are emerging as the practical path forward for producing lineage that is fast to generate and defensible under scrutiny.”

The software ingests unstructured documentation, including legacy spreadsheets and images, to generate queryable records and audit trails.