FDS - CredCore Advances AI Innovation in Debt Capital Markets with Data Provided by FactSet

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May, 07 2025 10:25 AM
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PR Newswire

CredCore, a groundbreaking vertical-AI company focused on transforming the debt capital markets, has partnered with FactSet, a leading financial data provider, to enhance its AI platform with FactSet's Debt Capital Structure (DCS) DataFeed. This collaboration stands to significantly improve efficiency and innovation within the expansive $5 trillion enterprise credit market. By integrating FactSet's comprehensive analytics and trusted financial data, CredCore aims to expedite deal throughput, thereby enabling clients to scale their teams and assets under management (AUM) more efficiently.

CredCore’s platform is currently utilized by prominent U.S. asset managers overseeing over $650 billion in AUM. Its end-to-end solutions streamline the entire debt deal lifecycle, from initial evaluation to post-deal management. A standout feature of its technology is the ability to rapidly extract actionable insights from deal documents, a task that traditionally required several days. This advancement not only increases speed but also enhances precision in capital deployment.

The incorporation of FactSet’s DCS dataset allows users seamless access to critical financial data concerning debt instruments and their obligors, better categorizing and indexing balance sheet data to improve AI model effectiveness. This integration empowers analysts to refine credit strategies and foster innovation in the sector.

CredCore Co-Founder Saumil Annegiri emphasized the significance of this partnership in driving technology-driven solutions within the credit industry. Karthik Nandyal, also a Co-Founder, noted that this collaboration harnesses CredCore's expertise in debt markets alongside FactSet's data capabilities to create innovative, client-centric solutions. FactSet's Senior Director, Steve Wimmers, highlighted how this partnership enhances CredCore’s ability to deliver advanced solutions that uncover critical insights and optimize credit strategies. Overall, this initiative marks a notable stride towards innovation in debt capital markets.

MWN AI Analysis *

In a significant move, CredCore is strategically enhancing the debt capital markets landscape by integrating with FactSet's robust Debt Capital Structure (DCS) DataFeed. This collaboration positions CredCore as a pivotal player in a $5 trillion enterprise credit market, aiming to leverage advanced AI solutions to drive efficiency and streamline the debt deal lifecycle for asset managers overseeing over $650 billion in assets under management (AUM).

Investors and market participants should view this development as a compelling opportunity. The focus on increasing deal throughput and operational efficiency via AI solutions is likely to optimize resource allocation and enhance capital deployment speed. The integration of FactSet’s extensive data analytics can provide clients with actionable insights, allowing them to make more informed credit strategies.

Moreover, as the collaboration promotes innovative, client-centric solutions tailored to the evolving needs of the industry, organizations equipped with CredCore’s AI capabilities paired with FactSet’s data resources are likely to outperform more traditional competitors. Given the ongoing digital transformation across financial services, adopting these AI-driven technologies could be a significant competitive differentiator, especially in a highly analytical field like debt capital markets.

From a market perspective, asset managers should consider evaluating their technology stacks and the potential benefits of integrating AI into their operations. With AI's ability to considerably reduce processing times for document analysis and decision-making, firms that adapt to these advancements can capitalize on increased efficiency and market responsiveness.

Investors should keep an eye on CredCore's performance and any subsequent partnerships or enhancements arising from this collaboration, as these factors will likely play a critical role in shaping investment strategies in the debt capital markets sector.

* MWN AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

PR Newswire

NORWALK, Conn. , May 7, 2025 /PRNewswire/ -- CredCore, a vertical-AI company transforming the debt capital markets, is now part of FactSet's AI Partner Program and will begin to integrate FactSet's trusted Debt Capital Structure (DCS) DataFeed into CredCore's AI platform.

This collaboration aims to integrate CredCore's domain-specific AI solutions with FactSet's comprehensive financial data, enhancing efficiency and innovation in the $5 trillion enterprise credit market. By leveraging FactSet's extensive data and analytics, CredCore seeks to accelerate deal throughput, enabling clients to scale their teams and assets under management (AUM) more effectively.

CredCore's platform collaborates with top U.S. asset managers and enterprises, successfully managing over $650 billion in AUM. Its end-to-end solution suite optimizes every stage of the debt deal lifecycle—from pre-deal evaluation to post-deal management. For example, one of its flagship innovations empowers users to extract actionable insights from deal documents rapidly, transforming a process that once took many days. This efficiency brings a new level of speed and precision to capital deployment.

CredCore's domain-specific AI solutions now feature seamless access to FactSet's comprehensive Debt Capital Structure financial data, giving users a deep understanding of debt instruments and their related obligors across public and private company capital data structures. FactSet's DCS dataset uniquely organizes, classifies, and indexes balance sheet data and credit instruments to better support AI language model efficacy, empowering analysts to optimize credit strategies and drive innovation within the $5 trillion enterprise credit market.

"FactSet has been a long-term, trusted partner in the financial services industry, recognized for its unmatched and flexible technology, data, and analytics," said Saumil Annegiri, Co-Founder of CredCore. "Through this integration, we are accelerating a new era of technology-driven solutions in the credit industry, delivering more intelligent, efficient, and actionable decision-making capabilities."

Karthik Nandyal , Co-Founder of CredCore, added, "By merging CredCore's extensive expertise in debt markets with FactSet's leading data capabilities, we are redefining intelligence and operational efficiency in credit markets. This collaboration empowers clients with seamless access to FactSet's rich, high-quality data directly within CredCore's tools, delivering innovative, client-centric solutions that address the industry's evolving needs."

"CredCore is driving a meaningful transformation in debt capital markets, leveraging its deep understanding of industry challenges and client priorities," said Steve Wimmers , Senior Director of Data Solutions at FactSet. "Through this integration of FactSet's comprehensive Debt Capital Structure data, we are enhancing CredCore's ability to deliver cutting-edge GenAI solutions that enable users to uncover critical insights, optimize credit strategies, and shape a more innovative, forward-looking approach."

About CredCore
CredCore is a pioneering vertical-AI company dedicated to transforming debt capital markets for lenders and borrowers. Through its domain-specific AI solutions, CredCore enhances deal throughput and scalability for clients, streamlining the debt deal lifecycle with innovative technology. Learn more at www.CredCore.com

About FactSet
FactSet (NYSE:FDS | NASDAQ:FDS) supercharges financial intelligence, offering enterprise data and information solutions that power our clients to maximize their potential. Our cutting-edge digital platform seamlessly integrates proprietary financial data, client datasets, third-party sources, and flexible technology to deliver tailored solutions across the buy-side, sell-side, wealth management, private equity, and corporate sectors. With over 47 years of expertise, a presence in 20 countries, and extensive multi-asset class coverage, we leverage advanced data connectivity alongside AI and next-generation tools to streamline workflows, drive productivity, and enable smarter, faster decision-making. Serving more than 8,600 global clients and nearly 220,000 individual users, FactSet is a member of the S&P 500 dedicated to innovation and long-term client success. Learn more at www.factset.com and follow us on X and LinkedIn .

Learn more about FactSet's AI Partner Program

For media inquiries, contact:

CredCore Media Relations: press@credcore.com

FactSet Media Relations: kelly.prinner@factset.com

SOURCE CredCore

MWN AI FAQ **

How does CredCore's integration of FactSet Research Systems Inc. FDS data enhance the efficiency of the debt deal lifecycle compared to traditional methods?

CredCore's integration of FactSet Research Systems Inc. FDS data streamlines the debt deal lifecycle by providing real-time analytics, centralized information access, and automated processes, significantly reducing manual workload and enhancing decision-making speed compared to traditional methods.

In what ways will the collaboration with FactSet Research Systems Inc. FDS influence CredCore's ability to optimize credit strategies within the $5 trillion enterprise credit market?

Collaboration with FactSet Research Systems Inc. will enhance CredCore's ability to optimize credit strategies by leveraging FactSet's data analytics, risk assessment tools, and market insights, ultimately leading to more informed decision-making in the $5 trillion enterprise credit market.

Can you elaborate on the specific benefits clients will experience from employing CredCore's AI solutions enhanced by FactSet Research Systems Inc. FDS data?

Clients using CredCore's AI solutions integrated with FactSet data will benefit from enhanced data analytics, improved investment insights, and more accurate forecasting, leading to better-informed decision-making and optimized portfolio management strategies.

What unique advantages does the partnership with FactSet Research Systems Inc. FDS provide in delivering actionable insights compared to competing offerings in the financial services industry?

The partnership with FactSet Research Systems Inc. provides unique advantages through its comprehensive data integration, advanced analytics capabilities, and tailored solutions that enhance decision-making, enabling investors to gain actionable insights more effectively than competing offerings.

** MWN AI Questions are based on asking OpenAI to ask and answer four questions about this news release.

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FDS - CredCore Advances AI Innovation in Debt Capital Markets with Data Provided by FactSet

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