Pioneering concordance offering to allow clients a faster, more seamless experience that links universe of proprietary and third-party data in the cloud
FactSet’s Concordance Service on Snowflake can be used by joint FactSet and Snowflake clients looking to enhance their data governance and expedite the data mapping process. Users pass their metadata to FactSet through an API; FactSet then uses machine learning techniques to identify individual firms and other financial entities from that metadata and assign each a single identifier. These identifiers are mapped to a universe of over 10 million additional entity records to ensure all data about a given firm is connected in one location, including company history and upcoming corporate actions. Hundreds of records can be linked in seconds, eliminating the need for clients to undergo a time- and resource-consuming data mapping process.
“We are excited to grow FactSet’s relationship with Snowflake and offer our data mapping service to clients working in the cloud,” said
“FactSet continues to be ahead of the innovation curve on Snowflake’s data marketplace,” said
For more information, please visit: https://open.factset.com/partners/snowflake.
About FactSet
FactSet® (NYSE:FDS | NASDAQ:FDS) delivers superior content, analytics, and flexible technology to help more than 138,000 users see and seize opportunity sooner. We give investment professionals the edge to outperform with informed insights, workflow solutions across the portfolio lifecycle, and industry-leading support from dedicated specialists. We're proud to have been recognized with multiple awards for our analytical and data-driven solutions and repeatedly scored 100 by the
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