State Street Alpha has partnered with FactSet to give its clients access to a broad range of differentiated investment information.
Data is one of the most important entities within the asset management industry.
Without accurate and timely data, firms struggle to identify new investment opportunities, generate consistent risk-adjusted performance, and bring new products to market to stay ahead of the competition.
As the data landscape has grown, it’s become increasingly complex. For many asset managers, getting access to all the disparate and necessary data is an expensive job that involves a patchwork of solutions, along with processing, auditing, and analysis to ensure it is fit-for-purpose.
Data is central to State Street AlphaSM , which led us to create the Alpha Data Platform (ADP), designed to deliver a single source of truth for investment firms across any asset class, security type, or market.
Introducing FactSet
To realize this vision, we’ve partnered with FactSet to help investment professionals utilize their performance attribution, risk modeling, reporting, and analytical capabilities.
Additionally, FactSet provides access to more than 640 different data sets, from securities and earnings data to corporate governance information, and a full range of economic data – all through one interface.
It also allows clients to tap into to a wide range of alternative data sources. With the aid of artificial intelligence and machine learning technologies, FactSet can help clients gain a more complete picture of non-conventional aspects of their portfolios, including intellectual property, shipping and supply chain exposures, and environmental, social, and governance (ESG) metrics.
FactSet data supports investment strategy and portfolio modelling processes by bringing together massive amounts of disparate information, organized how and when it’s needed. A powerful analytical engine can help portfolio managers understand what’s driving the performance of their strategies and flag potentially unrewarded risk. This enables investment teams to finetune their approaches, analyze their decisions, and accurately report performance to clients and regulators. It also integrates proposed trades and intraday position updates portfolio managers, analysts and traders are properly informed.
State Street Alpha and FactSet
State Street is integrating FactSet’s functionality across front and middle office operations, ensuring a more cohesive and seamless experience for investment professionals. Clients gain access to a full suite of capabilities through a modern, cloud-based platform that also supports connectivity with other leading data and service providers. The partnership is intended to support intra-day front-office portfolio management workflows, integrate seamlessly to feed FactSet’s performance attribution tools with middle office investment and performance inputs, and make FactSet’s data available in ADP.
Clients have expressed their desire to forge deeper, more strategic relationships with fewer partners and they expect their providers to do the same, collaborating to align interests that serve them better. The partnership between State Street and FactSet is designed to do just that, by co-engineering solutions that can serve our clients’ needs and support their long-term strategy.
With the aid of strategic partners like FactSet, State Street Alpha is expanding its capabilities to help clients grow AUM and bring innovative products to market faster, leveraging a highly scalable and efficient front-to-back office platform.
Contact us today to find out how Alpha is helping firms transform their business to better serve their investors.
State Street Alpha & FactSet: Leveraging Differentiated Data & Portfolio Analytics
All Insights
Contact Us
To learn more about State Street Alpha® or to schedule a demo.
Read All Insights
5215778.1.1.GBL.RTL
The information provided does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor’s particular investment objectives, strategies, tax status or investment horizon. You should consult your tax and financial advisor. All material has been obtained from sources believed to be reliable. There is no representation or warranty as to the accuracy of the information and State Street shall have no liability for decisions based on such information.
The whole or any part of this work may not be reproduced, copied or transmitted or any of its contents disclosed to third parties without State Street’s express written consent.
Charles River Development – A State Street Company is a wholly owned business of State Street Corporation (incorporated in Massachusetts).
This document and information herein (together, the “Content”) is subject to change without notice based on market and other conditions and may not reflect the views of State Street Corporation and its subsidiaries and affiliates (“State Street”). The Content is provided only for general informational, illustrative, and/or marketing purposes, or in connection with exploratory conversations; it does not take into account any client or prospects particular investment or other financial objectives or strategies, nor any client’s legal, regulatory, tax or accounting status, nor does it purport to be comprehensive or intended to replace the exercise of a client or prospects own careful independent review regarding any corresponding investment or other financial decision. The Content does not constitute investment research or legal, regulatory, investment, tax or accounting advice and is not an offer or solicitation to buy or sell securities or any other product, nor is it intended to constitute any binding contractual arrangement or commitment by State Street of any kind. The Content provided was prepared and obtained from sources believed to be reliable at the time of preparation, however it is provided “as-is” and State Street makes no guarantee, representation, or warranty of any kind including, without limitation, as to its accuracy, suitability, timeliness, merchantability, fitness for a particular purpose, non-infringement of third-party rights, or otherwise. State Street disclaims all liability, whether arising in contract, tort or otherwise, for any claims, losses, liabilities, damages (including direct, indirect, special or consequential), expenses or costs arising from or connected with the Content. The Content is not intended for retail clients or for distribution to, and may not be relied upon by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to applicable law or regulation. The Content provided may contain certain statements that could be deemed forward-looking statements; any such statements or forecasted information are not guarantees or reliable indicators for future performance and actual results or developments may differ materially from those depicted or projected. Past performance is no guarantee of future results. No permission is granted to reprint, sell, copy, distribute, or modify the Content in any form or by any means without the prior written consent of State Street.
The offer or sale of any of these products and services in your jurisdiction is subject to the receipt by State Street of such internal and external approvals as it deems necessary in its sole discretion. Please contact your sales representative for further information. State Street may from time to time, as principal or agent, for its own account or for those of its clients, have positions in and/or actively trade in financial instruments or other products identical to or economically related to those discussed in this communication. State Street may have a commercial relationship with issuers of financial instruments or other products discussed in this communication.
©2022 STATE STREET CORPORATION