NORWALK, Conn., May 12, 2022 – FactSet (NYSE: FDS) (NASDAQ: FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, announced that CIMalgo, a fintech research and development company for the investment management industry, has integrated FactSet's Quantitative Factor Library into the CIMalgo Analytics solution, creating a powerful decision-making platform.
CIMalgo provides tools for professional investors to make better investment decisions with their global asset allocation platform. With the integration of FactSet’s Quantitative Factor Library, CIMalgo offers a solution for investment professionals to test and iterate ideas for their clients, speeding up what has traditionally been a laborious process. At the same time, CIMalgo’s users gain access to FactSet’s vast data offering.
“When CIMalgo decided to build a sophisticated and intuitive web-based SaaS asset selection and global asset allocation tool, it was natural for us to integrate FactSet’s Quantitative Factor Library as an integral part of the data offering with which the user can define relevant criteria,” said André L Havas, CEO of CIMalgo. “The precomputed quantitative data sets give users an unparalleled edge and ease within our framework, allowing them to generate informed portfolios using CIMalgo’s cutting edge workflow.”
“We are very excited to bring FactSet’s Quant Factor Library into the CIMalgo ecosystem,” said Bijan Beheshti, Global Director of Analytics and Trading Sales at FactSet. “This integration enables CIMalgo users to leverage a powerful library of equity signals that enhance their ability to screen stocks, evaluate companies, construct portfolios, and measure risk all through CIMalgo’s platform. We believe the combination of FactSet’s premium data and the CIMalgo Analytics platform will drive significant value for investment professionals.”
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