FactSet forges AI partnership with Google Cloud

FactSet announced a strategic partnership with Google Cloud to build AI-powered agent tools for the financial industry. The companies said the work will embed Google’s Gemini models and enterprise Search into the FactSet Workstation and integrate FactSet functionality with Gemini Enterprise.

Under the agreement, FactSet will add Google Cloud to its roster of cloud providers and use the Gemini Enterprise Agent Platform to deploy new Workstation features. FactSet expects the integration to support deeper research functions and multimodal user experiences that combine text, data and other inputs.

FactSet plans to use Google grounding to supplement its financial datasets, increasing the scope and detail of AI-generated insights available to clients. The firm will link its Managed Content Platform and agent-sharing capabilities with Gemini Enterprise so financial data and workflows can operate inside Google Cloud’s agent platform.

The companies said the integrations will enable direct interoperability between the FactSet Workstation and Gemini Enterprise. That interoperability is intended to let financial professionals move between source data, analysis and agent-driven workflows without manual handoffs.

FactSet and Google Cloud intend to jointly develop a new generation of AI agents on the Gemini Enterprise Agent Platform. The agents are aimed at improving efficiency, execution and decision-making across portfolio operations, deal advisory and corporate finance. FactSet described the agents as designed to automate complex tasks while providing provenance for the data and models used.

Sanoke Viswanathan, chief executive officer of FactSet, stated: “AI is fundamentally shifting how financial professionals access data, derive insights, and make decisions. Together with Google Cloud, we are putting trusted financial data and advanced AI capabilities to work, empowering our clients with more intuitive, connected, and intelligent agents.”

Karthik Narain, chief product and business officer of Google Cloud, commented: “Combining Google Cloud’s agentic AI capabilities with FactSet’s financial expertise will enable investment professionals to surface insights faster, automate complex workflows, and realize commercial value from AI.”

The partnership builds on earlier collaboration between FactSet and Google DeepMind and includes a stated focus on enterprise governance and controls. FactSet will continue relationships with its current cloud providers while using Google Cloud to enhance infrastructure reliability, scalability and innovation for clients.