APRIL 3, 2024 BY ROBERT LEWIS – TECHCOUVER
Vancouver’s Charli AI has struck a strategic partnership with FactSet to bring a first-of-its-kind financial analysis solution that consolidates leading financial data with advanced Multidimensional AI.
The new partnership provides financial services institutions with an easy-to-use, out-of-the-box, joint product offering that provides an entirely new level of instant access to critical financial information and industry leading insights.
FactSet is a leading provider of data and software solutions to over 206,000 investment professionals worldwide, providing instant access to financial data and analytics that investors use to make crucial decisions.
As the financial services sector looks to harness the power of AI to gain an edge, this partnership represents a leap forward for the industry by combining FactSet’s industry-leading data with Charli AI’s advanced technology.
Charli AI’s advanced AI platform enables connections to hundreds of applications, including FactSet APIs, thereby tapping into tens of thousands of trusted data points. The Multidimensional AI capabilities process and analyze both quantitative and qualitative data while ensuring every bit of information is tracked, attributed, and verified by AI.
The joint offering will allow for deep interaction with FactSet data through an intuitive question/answer interface and will include a self-serve offering to generate financial research reports with a click of a button.
“AI solutions are only as good as the data they are being fed, and nowhere is this more vital than in financial services. That’s why we are so excited about this partnership. We are meeting a critical need and bringing a new level of opportunity to the market,” said Kevin Collins, Founder and CEO of Charli AI.
“The ability to optimise our Multidimensional AI platform using real-time, trusted data from FactSet, means a new level of accuracy and transparency in operationalizing data access for the financial industry.”
The launch of the joint Charli AI – FactSet offering is planned for Q2 2024 for North American customers with expansion to additional geographies planned for later in the year.