Find FactSet company news, press releases, and investor publications.
FactSet Launches Quantitative Research Environment to Round Out Its End-to-End Quant Solution
June 30, 2021
NORWALK, Conn., June 30, 2021 - FactSet(NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, announced the release of the FactSet Quantitative Research Environment (QRE), a flexible open-source JupyterLab platform that provides programmatic access to industry-leading data and analytical applications.
Recognizing that quantitative and systematic methods continue to become more mainstream within the financial industry, FactSet developed QRE to let users explore and evaluate ideas faster by leveraging connected data within one cohesive data science platform. Content from FactSet, third-party providers, global benchmarks, and proprietary client portfolios are accessible and completely customizable through QRE, giving users everything they need to create dynamic models, reports, and applications with minimal preparation or ramp-up time.
“FactSet’s hybrid quantitative research environment lets our clients build solutions and leverage FactSet’s existing data, analytics, and APIs to best suit their evolving needs,” said Andrew Kovacs, Director of Strategy for Quantitative Analytics at FactSet. “QRE rounds out our suite of quantitative research tools, enabling clients to go from idea to construction to execution and beyond—all in one system.”
Financial firms of all types are becoming more technical and looking for solutions that will provide them with the ability to adopt newer approaches to research and develop investment ideas. FactSet believes that QRE is the perfect solution to address these needs and to evolve as the needs change in the future.