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FactSet and Alveo collaborate to provide integrated data solutions

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FactSet and Alveo have agreed a new collaboration that combines their respective data and data management capabilities to provide clients with integrated solutions that more easily puts FactSet content into workflows and databases.

The initiative follows the successful integration of FactSet’s ESG content into Alves’s data management platform.

The collaboration will minimise the required time needed to onboard new data sets and business applications to help customers optimise the full range of FactSet’s data. This includes FactSet’s ESG and wider corporate actions services, as well as FactSet’s Concordance for security identifiers and legal entity recognition.

With the help of Alveo’s data management solutions, FactSet content can be cross-referenced and linked with client data sets or content sourced from other data vendors within a client’s business process. Additionally, the collaboration will provide the capabilities for data lineage, data governance, data cleansing, and cloud sharing delivery and integration into customer’s workflows and cloud data warehouses.

Alveo focuses on the integration of market and reference data from multiple external and internal sources covering all asset classes including pricing information, referential information, ESG data and issuer, and corporate actions data. Alveo’s cloud-based data mastering and data quality solution tracks the collection, integration, and quality-vetting of a diverse set of content providers. Concurrently with collaborating on integrated solutions, Alveo has extended its set of off-the-shelf integrations with FactSet content including corporate actions data.

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