FactSet Enhances Research Management Solutions with IRN 2.0

NORWALK, Conn., November 11, 2024 -- FactSet, a global financial digital platform and enterprise solutions provider, today announced Internal Research Notes (IRN) 2.0, a major enhancement to its Research Management Solutions (RMS) for buy-side and wealth professionals. IRN 2.0 utilizes GenAI to provide research analysts, asset owners, and wealth managers with a more efficient centralized repository for internal research, meeting notes, commentary, and supporting documents.

IRN 2.0 integrates internally curated data and research via one interconnected platform to better identify overlapping content and link disparate contributing sources. Users across a firm can now easily and collaboratively aggregate, store, and track current and pre-existing content to streamline their research workflows.As this new technology adapts to specific industries, themes, and securities analysts input, IRN 2.0's flexibility and interoperability enable trend identification and optimization for each company's unique KPIs and workflows.

Key features of IRN 2.0 include:

• Conversational IRN:Through a large language model chat interface, IRN 2.0 quickly searches, reviews, filters, and digests internal data to generate sophisticated responses to users' complex queries regarding recommendation history, latest ratings, manager commentary, and market sentiment.

• Draft Assistant:IRN 2.0's GenAI assistant expedites the research publication process by providing analysts with GenAI summaries of relevant internal and external content in line with their active sources, identifiers, and themes.

• Theme Intelligence and Topic Assistant:As research teams populate IRN 2.0 with commentary, investment theses, manager reviews, and trade rationale according to their tailored workflows, the GenAI Theme Intelligence layer will constantly review that content and surface emerging themes via a word cloud. Similarly, IRN 2.0's GenAI-powered Topic Assistant will uncover specific topics that are most relevant to the firm's strategies. Together, these tools automatically standardize team findings, enhance searchability, and recall data to drive communication with portfolio managers.

"IRN 2.0 brings multi-asset class research teams the GenAI-aided efficiency they need to compete in our fast-paced market," said Stanley Kwasniewski, Senior Vice President and Senior Director of Institutional Buy-Side. "Our latest technology for research workflows seamlessly bridges the communication gap between analysts, decision-makers, and client-facing personnel to enhance collaboration by delivering shared visibility into internal research across teams."

Learn more about FactSet's Research Management Solutions and IRN 2.0.

About FactSet

FactSet (NYSE:FDS | NASDAQ:FDS) helps the financial community to see more, think bigger, and work better. Our digital platform and enterprise solutions deliver financial data, analytics, and open technology to more than 8,200 global clients, including over 216,000 individual users. Clients across the buy-side and sell-side as well as wealth managers, private equity firms, and corporations achieve more every day with our comprehensive and connected content, flexible next-generation workflow solutions, and client-centric specialized support. As a member of the S&P 500, we are committed to sustainable growth and have been recognized amongst the Best Places to Work in 2023 by Glassdoor as a Glassdoor Employees' Choice Award winner. Learn more at www.factset.com and follow us on X and LinkedIn.

FactSet
Investor Relations:

[email protected]

Media Contact:
Megan Kovach
+1 .512. 736.2795
[email protected]