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FactSet introduces AI-powered Portfolio Commentary

FactSet announced its latest GenAI advancement, Portfolio Commentary. Portfolio Commentary significantly reduces the challenging, time-consuming, and nuanced process of writing attribution summaries manually. “For over 20 years, FactSet has consistently delivered ever-improving solutions for attribution analysis. Today, we raise the bar with the introduction of Portfolio Commentary,” said Chris Ellis, Executive Vice President, Head of Strategic Initiatives at FactSet. “Based on internal testing, we anticipate this enhancement will enable asset managers, asset owners, and wealth managers to reduce the time spent writing portfolio commentary by a factor of eight and thus focus on the more high-value, strategic priorities of improving performance and strengthening client relationships.”

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