Technology Awards 2021 – Best Market Data Solution

2021 Winners


Best Market Data Solution


Greg King
senior director, wealth management strategy, FactSet

Recognition typically comes after years of hard work by people focused squarely on client outcomes, and this award is a great example. We are pleased to be awarded the Best Market Data Solution by Asian Private Banker for the fourth consecutive year, and are particularly proud to be recognised in a market that remains at the forefront of wealth technology innovation.

The APAC market demands technology-first market data solutions to drive investment decisions and client engagement. This requirement aligns naturally with FactSet’s “Open and Flexible” approach to digital transformation in the wealth industry, ensuring that we are where our clients need us to be.

FactSet’s fourth successive victory in the Best Market Data Solution category at Asian Private Banker’s Technology Awards coincided with the US-based data provider celebrating its 25th anniversary of operations in Asia.

The company, which provides localised support to its Asia-Pacific clients out of 12 regional locations, impressed the 2021 awards judging panel with its commitment to enhancing an already market-leading platform and its deepening engagement with wealth management clients.

Even before the latest additions to its platform, the APB panel had long recognised FactSet for the all encompassing nature of its solution, which provides wealth managers with a one-stop shop for portfolio analytics, multi-asset class research, global markets analysis, and other important functions.

Among the most important product enhancements during the period under consideration was FactSet’s Advisor Dashboard, which combines each advisor’s book of business with FactSet’s unique and differentiated content and analytics, and surfaces personalised and actionable insights around relevant news and market activity, all in one place.

With the acquisitions of Truvalue Labs and BTU Analytics during the year, FactSet substantially bolstered its capabilities in data analytics targeting renewable energy and ESG. From a regional perspective, its partnership with Ping An Insurance (Group) Company of China gives its wealth clients more capabilities than ever to analyse the ESG metrics of China-listed companies.

Data shared with the judging panel during the awards process highlighted the strength of FactSet’s business performance in APAC, with the company strengthening its annual subscription value and revenues from the region in 4Q21.

That is why FactSet is Asian Private Banker’s 2021 winner of the Technology Award for Best Market Data Solution.