Our engineering team is evaluating various tools to support expanded machine learning capabilities inside of our DataExploration environment. Data Delivery & Distribution; Data Governance; Data Innovation (Machine Learning, AI & Blockchain) Data Lineage (KH) Data Quality; Data Science & Analytics; Data Strategy; EDM Platforms; Entity Data, KYC and Client Onboarding Firm B wanted to trial a single FactSet Standard DataFeed, without taking money from elsewhere in its budget for a temporary need. FactSet Research Systems has rolled out FactSet Data Exploration, a cloud-based platform for investment professionals to evaluate and explore alternative financial datasets on the vendor’s recently launched Open:FactSet Marketplace of alt data, using Microsoft’s Azure cloud platform. Clients will also be able to explore and extrapolate datasets with inbuilt data visualization software to illustrate and communicate their findings to stakeholders.“The current need for upfront investment is a huge hurdle when it comes to adopting new data across the industry,” said Rich Newman, Senior Vice President and Global Head of Content and Technology Solutions at FactSet. We are seeking feedback from our users on which tools/technologies are must-haves to help unlock more insights from our growing data catalog. Clients will also be able to explore and extrapolate datasets with inbuilt data visualization software to illustrate and communicate their findings to stakeholders.“The current need for upfront investment is a huge hurdle when it comes to adopting new data across the industry,” said Rich Newman, Senior Vice President and Global Head of Content and Technology Solutions at FactSet. Asia Pacific Headquarters Data Management Insight. CSRHub data helps investors, corporations, and consumers integrate ESG and sustainability into their decision-making processes. By aggregating and normalizing the information from over 650+ data sources, CSRHub has created a broad, consistent rating system and a searchable database that links millions of rating elements back to their source. CSRHub is pleased to offer ESG Business Intelligence data via the Open:FactSet Marketplace.CSRHub is also available for evaluation via FactSet’s cloud-based data evaluation platform, Data Exploration. “Working with Microsoft and their leading Azure platform gives us the ability to remove this challenge while also providing our clients with the capacity they need to build their own investment applications.
We are considering tools like AzureML and DataBricks. This will allow clients to use new datasets to improve investment strategies without having to address local storage needs. Quality Data, Connected and Ready to Use Now there’s an open data exchange designed exclusively for the investment community. FactSet Data Exploration combines the power of the Microsoft Azure cloud with the content of the Open:FactSet Marketplace, offering a streamlined way to explore and evaluate new ideas. Azure’s scale and expertise lets us offer the larger data stage the financial industry has been waiting for.”Over time, FactSet Data Exploration will grow into a full data research environment and will be updated to include content as it becomes available on the Open:FactSet Marketplace.
FactSet Data Exploration In today’s on-demand world, taking your ideas from concept to execution quickly is critical to developing innovative approaches and tackling complex problems. FactSet Data Exploration on Microsoft Azure will provide customers with complete and immediate data access, reducing the need to invest in costly IT implementation and infrastructure to test data. In addition, all of FactSet’s Standard DataFeeds, as well as the third-party alternative data providers available through the Open:FactSet Marketplace, were made accessible for analysis and visualization.Both firms were up and running within a day, with team members accessing state-of-the-art tools and all necessary data. They used only the resources they needed, and only when required. Data Exploration is a tool FactSet developed initially with the idea of providing an isolated SQL Server instance for potential clients to trial the myriad of Data Feeds that FactSet has to offer, whether that be our data or our third party providers’. Gain access to core content, unique data, and comprehensive backtesting solutions to power your quant workflow. “Working with Microsoft and their leading Azure platform gives us the ability to remove this challenge while also providing our clients with the capacity they need to build their own investment applications. International Headquarters Their financial industry expertise, combined with the enterprise scale and intelligence of Microsoft Azure, are a winning combination for our mutual customers.”FactSet Data Exploration is offered via the Open:FactSet Marketplace, which launched in April 2018, and is available for investment professionals starting today. Instantly interact with data from the Marketplace in a fully hosted environment that includes industry-standard databases, programming languages (Python and R), and data visualization tools.