FactSet and CID Collaborate to Offer AI-Driven Prospecting and Investment Solutions

FactSet a global provider of integrated financial information, analytical applications, and industry-leading services,announced a multi-year agreement with CID, the artificial intelligence (AI) software innovator, to expand its AI capabilities and provide financial industry professionals with actionable insights to improve operational efficiency and build high-quality investment solutions.

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.

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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 Jonathan Reeve, EVP, Head of Content and Technology Solutions at FactSet. “The collaboration allows the no-code technology to seamlessly integrate with our data feed and API offerings to provide clients with self-service AI at scale.”

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“Our relationship with FactSet underlines the core value our systems provide,” said Alexander Loerch, Managing Director, CID. “When qualitative insights mesh with fundamental and unstructured data, incredible things can happen.”

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,

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