FactSet partners with Finster AI for banking platform, makes investment
FactSet (NYSE: FDS) announced a strategic partnership with Finster AI to power its AI-driven workflow automation platform for banking. The financial data and analytics company also made an investment in Finster AI as part of the collaboration.
The partnership integrates Finster AI's technology into FactSet's AI solution for banking, enabling automation across banking processes from origination through execution. Finster AI's platform provides agentic infrastructure and workflow intelligence capabilities that serve as a core engine within FactSet's system.
"We are incredibly proud to partner with FactSet, an industry stalwart that has defined financial data and analytics for decades," said Sid Jayakumar, CEO of Finster AI. "FactSet's vision for AI aligns deeply with our belief that the future of finance will be driven by intelligent AI agents operating natively within workflows."
FactSet's AI solution for banking enables banking teams to automate the creation of transaction artifacts, synthesize insights across datasets, and streamline processes across deal cycles. The platform moves beyond fragmented tools toward a unified environment for AI-native work in banking.
"By integrating Finster's agentic infrastructure into FactSet's AI solution for banking, we're providing our clients with the secure, AI-native tools they need to turn complex data into actionable outcomes," said Kate Stepp, Chief AI Officer at FactSet.
Finster AI's platform features an open architecture designed to leverage capability from leading AI models, proprietary data, and tooling within a governed environment. The system includes deep integrations with Microsoft Office suite and flexible deployment options including virtual private cloud and single-tenant environments.
FactSet's AI solution for banking is currently available in private preview to select clients, with broader rollout expected through 2026. The information is based on a company press release.
