Technology Awards 2023 – Best Market Data Solution

Best Market Data Solution

 

FactSet

Best Market Data Solution

Greg King, CFA

SVP, head of wealth management solutions

The speed and magnitude of change in wealth management due to recent technology has been exponential. Wealth managers are rapidly adapting to the evolving needs of investors, and the APAC market has led the charge in delivering upgraded services based on sophisticated content and personalised experiences.

FactSet is very proud to be recognised for making this easier for our clients, by equipping financial advisors with professional and personalised results that help them retain and win clients.

What was behind the judges’ decision?

  • Factset was able to present key client testimonials from the private banking and wealth management industries as part of its submission to the Technology Awards judging panel. These included testimonials from leading players in the industry, which were able to demonstrate how the solution had significantly reduced its data analytics costs while improving the quality of its data content
  • The company managed to meaningfully increase its annual subscription value from Asia Pacific during the period under review for the Technology Awards, demonstrating how Factset continues to increase its presence in the region despite an already market-leading position
  • Factset has continued to make incremental improvements to its data and analytical offerings, including a superior experience on mobile platforms, more in-depth content pertinent to ESG and sustainability, and stronger capabilities for sifting through unstructured data sets such as external social media

What we said

“Factset’s victory in the category of Best Market Data Solution for the fourth year in a row is a testament to the company’s dedication to delivering market-leading content and analytics to Asia’s private banking and wealth management communities,” said Daniel Shane, editor of Asian Private Banker and chair of the Technology Awards judging panel.

“But Factset has not been content to simply sit on an already impressive offering. The company has continued to deepen its presence in the regional wealth industry, in addition to improving its data sets across key areas including ESG, China and industry verticals.”


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