FactSet Research Systems

FactSet will integrate Google Cloud's Gemini enterprise models into its financial intelligence platform, embedding Gemini capabilities into the FactSet Workstation and adding Google Cloud to its cloud provider portfolio. The deal also brings FactSet's financial data into Gemini Enterprise and includes joint development of automated workflows for portfolio management and deal advisory. Executives say the collaboration aims to provide fully sourced, auditable agentic AI for regulated environments to speed insight generation and automate complex processes for financial professionals. » More on finance.yahoo.com

FactSet and Google Cloud have agreed to a strategic cooperation to integrate Google's Gemini models into the FactSet Workstation and to augment financial data with Google Grounding. The collaboration includes incorporating Model Context Protocol and agent-sharing into Gemini Enterprise and developing specialized agents for portfolio operations, transaction advisory and corporate finance. FactSet is adding Google Cloud to its cloud infrastructure portfolio to provide customers with enhanced AI capabilities. » More on de.investing.com

Jensen Investment Management said it sold its position in FactSet after the stock was a top detractor in Q1 2026. The fund cited concerns that AI-native competitors could access public data and replicate FactSet’s analytics, and that customer headcount reductions could pressure its seat-based subscription model. FactSet’s shares have fallen sharply over the past year, and Jensen’s Quality Mid Cap Fund returned -2.53% in Q1 2026, lagging its benchmark. » More on finance.yahoo.com