FactSet Ties Up With Google Cloud as Fintech AI Push Accelerates

While detailed terms were not disclosed in the announcement, the move signals FactSet's intent to embed advanced AI capabilities more deeply into its offering. For European banks, asset managers and investment firms that rely on FactSet's data and analytics, a closer alignment with one of the major cloud and AI providers could shape the pace at which automated research, analytics and decision-support tools reach their workflows.

The partnership reflects a broader pattern across financial services, where established data vendors are increasingly turning to hyperscale cloud platforms to deliver generative AI features at scale. Such arrangements typically combine a vendor's proprietary datasets with a cloud provider's compute and machine-learning infrastructure.

FlexTrade Adds EDX for Institutional Crypto

In a separate development, FlexTrade Systems, a provider of multi-asset execution and order management systems, said it has integrated EDX Markets into its crypto and digital assets trading product, FlexDigitalAssets, Finextra Research reported.

EDX Markets describes itself as a digital asset technology firm that pairs an institutional-only trading venue with a central clearinghouse. By bringing EDX into its platform, FlexTrade is positioning its clients to access institutional-grade crypto trading through a familiar execution interface.

The integration is notable because it targets professional and institutional participants rather than retail traders. The combination of a dedicated institutional venue with central clearing is designed to address concerns around counterparty risk and market structure that have historically slowed wider institutional adoption of digital assets.

Why It Matters for the Europe Corridor

Both announcements point to the continued institutionalisation of two of the most closely watched trends in financial technology: AI-driven analytics and regulated crypto trading. European firms, operating under frameworks such as the EU's Markets in Crypto-Assets regulation, are among the buyers weighing how to adopt these tools responsibly.

For trading desks and investment teams, the practical question is how quickly such capabilities can be deployed within existing systems. Integrations like FlexTrade's, and platform-level partnerships like FactSet's, are intended to lower that barrier by embedding new functionality into tools already in daily use.

Neither company disclosed financial terms or a full rollout timeline in the announcements reported by Finextra. As these partnerships move from announcement to deployment, their impact on cost, access and risk management for institutional users will become clearer.

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