Markit and FactSet in ETF Data Partnership

Information services provider Markit has partnered with FactSet to make its set of exchange traded funds data and analytics available to users of the FactSet workstation.
By Janet Du Chenne(59204)
Information services provider Markit has partnered with FactSet to make its set of exchange traded funds data and analytics available to users of the FactSet workstation.

FactSet is a global provider of financial information and analytics.

Through this partnership, Markit becomes the primary source of ETF data to FactSet providing customers with a comprehensive view of over 5,000 global ETFs, issued by more than 200 global providers and trading across 60 exchanges.

Markit’s ETF content enables FactSet users to assess ETF performance, tracking risk and liquidity. The data and analytics are accessible through three core FactSet functions: Universal Screening, which compares ETF funds based on key attributes at the constituent level; a snapshot report, which provides a comprehensive fund profile; and FactSet Portfolio Analysis, which is used by asset managers to assess fund holdings on an absolute or relative basis versus their peers or benchmark.

Mark Hale, senior vice president and global director of content operations at FactSet, says: “The integration of the Markit ETF suite of data within Portfolio Analysis, Universal Screening and our core workstation adds to the breadth of content available to asset managers who rely on our industry leading tools. Now our clients will be able to assess ETFs in unprecedented depth along with limitless opportunities to compare to benchmarks, mutual funds and other vehicles already available on the FactSet platform.”

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