Markit and FactSet have partnered up to offer Markit’s set of exchange traded funds (ETF) data and analytics to users of the FactSet workstation.
Financial information service provider Markit will become the primary source of ETF data for FactSet customers, offering a view of more than 5,000 global funds issued by 200 providers across 60 exchanges.
The content allows users to assess ETF performance, tracking risk and liquidity through three core FactSet functions.
Universal screening compares ETFs based on key attributes at a constituent level. Snapshot reports provide comprehensive fund profiles, and FactSet portfolio analysis allows asset managers to compare fund holdings against their peers or personal benchmarks.
Markit’s ETF data set also includes exchange traded notes and contracts, and includes daily portfolio holdings across all asset classes. It also provides more than 1,300 analytical calculations, helping users to assess the overall performance of each exchange traded product since its launch date.
Mark Schaedel, managing director and global head of equity and index data services at Markit, said: “We are pleased that our customers can now unlock the full potential of our comprehensive ETF data and analytics within their FactSet workflow.”
“This will help them navigate the fragmented ETF market, manage risk and make more informed investment decisions.”
Mark Hale, senior vice president and global director of content operations at FactSet, added: “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.”
