FactSet Integrates Private Markets Valuation Workflow with Valutico

FactSet has created an integrated valuation workflow for private capital markets in collaboration with valuation technology provider Valutico.

The tie-up connects portfolio data, valuation modelling and reporting into a single system to replace manual spreadsheet tasks.

Financial data from Cobalt, FactSet’s monitoring tool, flows into the Valutico platform where analysts can apply income, market and asset-based methodologies.

Finalised enterprise and equity values return to the Cobalt system to be tracked alongside performance metrics. Analysts can access FactSet market data and transaction multiples within the workflow, which expands on the company’s existing portfolio monitoring and investor reporting tools.

“The methodology, breadth, auditability and consistency required across a growing portfolio of companies demands a purpose-built platform,” said Emily Monaghan, Factset senior vice president and senior director of private capital. “Valutico brings that, and with FactSet’s market data – public company financials, estimates, comps, and transaction multiples – natively integrated into the workflow, our clients get a complete solution that is unique in the market.”

SAP Buys Dremio Data Lakehouse to Support AI, Data Integration

SAP has acquired data lakehouse platform Dremio, enabling the enterprise applications provider to integrate its own and third-party data in its SAP Business Data Cloud and to support analytical and agentic artificial intelligence workloads.
The deal, which remains subject to regulatory approval, would help eliminate bottlenecks to take customers from fragmented data to governed intelligence on a single open platform, the companies said.

“Enterprise AI doesn’t stall because the models aren’t good enough; it stalls because the data isn’t ready for AI agents,” said Philipp Herzig, SAP chief technology officer. “We can now take customers from raw, fragmented data to governed, AI-ready intelligence on a single open platform.”

The platform will use Apache Iceberg as a native foundation to unify data sources without requiring format conversion.

The agreement follows SAP investments in open-source projects and is expected to close in the third quarter of this year.

Gresham EDM Platform Integrates FundGuard Investment Accounting Tools

Gresham has integrated FundGuard’s multi-book investment accounting capabilities with its enterprise data management solutions.

This inclusion enables institutional investors and fund administrators to access a single source of data across public and private asset classes. Investment accounting systems provide the infrastructure for asset managers to track portfolios, calculate net asset values, and maintain regulatory compliance.

Nathan Wolaver, chief revenue officer of Gresham, said that the collaboration creates a unified data foundation that helps clients make decisions with control and confidence.

The joint offering uses artificial intelligence to automate data accuracy and connects front-office tasks to back-office workflows.

Gresham recently expanded its portfolio through the acquisition of the enterprise data management business of S&P Global.

BridgeWise Utilises X Data in New Wealth-Focused Sentiment Analysis Tool

Wealth management financial technology specialist BridgeWise has collaborated with X to integrate data from the social media platform into its intelligence engine to provide social sentiment analysis for thousands of securities.

The system utilises an API-driven connector and a proprietary framework to convert unstructured data into structured signals for financial institutions. The resultant SentimentWise is a solution intended to allow users to monitor shifts in investor mood and identify trends through the analysis of both fundamental and alternative data. The offering builds on BridgeWise’s acquisition of Context Analytics.

BridgeWise co-founder and chief executive Gaby Diamant said the arrangement turns global conversations into a quantifiable tool to assist investors with decision-making.

“Markets move on more than just numbers; they move on what people are saying, thinking, and feeling in the moment,” Diamant said. “By plugging X’s data stream into our engine alongside our deep fundamental and technical analysis, we’re helping our clients cut through the noise to see what actually matters.”

Sentiment analysis uses algorithms to evaluate public opinion and social media activity to gauge potential market movements.

Fitch Builds Fitch Nexus MCP Connector to Ratings Data

Fitch Solutions has launched a Model Context Protocol (MCP) connector, Fitch Nexus, that enables clients to access Fitch Ratings content through internal AI applications and large language models.

The connector provides credit research, historical ratings data and financial forecasts through a single integration.

“Fitch Nexus is designed to deliver faster, more actionable insights with greater efficiency and immediacy,” said Fitch Solutions chief commercial officer Christopher Sparke. “It reduces the distance between question and answer, enabling our clients to access the signals, commentary, and data they need to inform investment and risk management decisions.”

Future updates will include additional capabilities from CreditSights, BMI, and Sustainable Fitch to expand the available dataset. MCP is an open standard that enables AI assistants to connect with data sources and tools across different platforms.

NetApp Updates Google Cloud Capabilities

Data infrastructure specialist NetApp has released updates to its collaboration with Google Cloud, providing tools designed to assist customers in using enterprise data for artificial intelligence workloads.

These innovations include the general availability of NetApp Data Migrator and the Google Cloud NetApp Volumes Flex unified service level.

The updates allow for the management of file and block workloads within a single storage pool across all Google regions.

“With these updates, NetApp and Google have removed a major source of cost, delay and complexity in AI adoption,” said Pravjit Tiwana, senior vice president and general manager of cloud storage and services at NetApp.

ISS STOXX Brings Governance Scores into Corporate Rating Offering

ISS STOXX has integrated Governance QualityScore data into its Corporate Rating system, combining sustainability signals with governance analytics to assist investors in screening and portfolio allocation.

The system converts decile scores from the Governance QualityScore into a twelve-point scale ranging from A+ to D-.

Users can access the updated ratings through an analytics dashboard, application programming interfaces, or file transfer protocols.

“Our newly enhanced Corporate Rating combines trusted methodologies and transforms fragmented sustainability, governance and financial risk data into robust insights,” said Till Jung, head of the sustainability business for ISS STOXX. “The Corporate Rating supports investors across a wide range of use cases – from managing risks and meeting evolving regulatory requirements, to building high-performing, sustainable portfolios and delivering transparent reporting and stakeholder communications.”

73 Strings Unifies Data Operating System for Private Markets Participants

Private markets valuation and portfolio intelligence platform 73 Strings has launched a unified global operating model, which the company said “brings together the platform, people, and clients into one ecosystem”.

This transition aligns global teams to support clients across private equity, private credit, venture capital and infrastructure, it said.

“Private markets are entering a new era, defined by data, AI and the need to operate at scale,” said Yann Magnan, chief executive and co-founder of 73 Strings. “Our global operating model… allows us to innovate faster and help our clients stay ahead, while maintaining the rigour and trust that underpin investment decisions.”

The firm has appointed Jazmin Hogan as global head of client operations to lead the client organisation from New York. Hogan previously held leadership roles at Apollo Global Management, Blackstone and Kohlberg & Company.

73 Strings’ integrated platform combines valuation, portfolio monitoring and data extraction to replace fragmented spreadsheet-based processes.

Novata Broadens Sustainability Regulations Monitor

Sustainability management data platform provider Novata expanded its regulatory monitoring service to include a premium tier for tracking global compliance obligations.

The updated engine utilises 30 data points, including revenue and jurisdiction, to identify specific legal requirements for companies and investors. It combines AI monitoring with human expertise to provide clarity on which rules apply to specific organisations.

“Regulatory requirements are no longer just a ‘reporting’ issue; they are a core business risk,” said Caitlin Pentifallo, Novata’s head of regulatory strategy and sustainability.

“We built the Regulatory Navigator to act as an experienced coach for our clients. By combining real-time AI monitoring with our team’s sustainability expertise, we provide the clarity teams need to stop wondering which rules apply and start taking action.”

SimCorp Builds AI-Powered Market Stress Test for Axioma Risk

SimCorp has introduced an artificial intelligence capability for stress testing market scenarios within its Axioma Risk platform.

The enhancement uses natural language processing to enable investment managers to design customised market scenarios and identify historical precedents without manual configuration. It identifies portfolio vulnerabilities and interprets risks arising from interest rate changes, currency movements or geopolitical events.

“Accelerating stress testing workflows can be game changer for investment teams,” said Ian Lumb, head of risk and performance product management. “When stress test configuration takes hours, risk teams cannot respond to events in real time. We are removing that bottleneck with AI-powered stress testing.”

The system translates macroeconomic concerns into financial shocks and provides statistical metrics to evaluate the plausibility of each scenario.