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

Rhea-AI Summary

FactSet (FDS) has partnered with CredCore through its AI Partner Program to integrate FactSet's Debt Capital Structure (DCS) DataFeed into CredCore's AI platform. CredCore, managing over $650 billion in AUM, serves top U.S. asset managers in the $5 trillion enterprise credit market. The collaboration aims to enhance efficiency in debt capital markets by combining CredCore's domain-specific AI solutions with FactSet's comprehensive financial data. CredCore's platform streamlines the entire debt deal lifecycle, from pre-deal evaluation to post-deal management, significantly reducing processing time for deal documents. The integration will provide users with deeper insights into debt instruments and capital structures across public and private companies, leveraging FactSet's organized, classified, and indexed balance sheet data to improve AI language model performance.

Positive

• Integration enhances operational efficiency in debt deal processing
• Access to FactSet's comprehensive Debt Capital Structure data improves decision-making capabilities
• Partnership strengthens CredCore's platform which already manages $650 billion in AUM
• Potential for market expansion in the $5 trillion enterprise credit market

Negative

• None.

Insights

FinTech Analyst

FactSet's partnership with CredCore strategically positions its data within AI-powered debt market workflows, representing incremental growth potential.

This partnership announcement highlights FactSet's strategic positioning in the evolving AI landscape for financial services. By integrating its Debt Capital Structure (DCS) DataFeed into CredCore's vertical-AI platform, FactSet is extending the reach of its financial data into specialized AI applications for debt capital markets.

The debt capital markets represent a significant opportunity, with the enterprise credit market valued at approximately $5 trillion. CredCore's platform already collaborates with major U.S. asset managers who collectively manage over $650 billion in assets under management. By providing data infrastructure for CredCore's AI solutions, FactSet positions itself to benefit from the ongoing digital transformation in credit markets without having to build proprietary AI solutions internally.

What's technically significant is how FactSet's DCS dataset is specifically structured to support AI language model efficacy - organizing, classifying, and indexing balance sheet data and credit instruments in ways that enhance machine learning applications. This indicates FactSet's data architecture is evolving to meet the requirements of next-generation AI applications, a crucial competitive factor as financial data becomes increasingly integrated with AI systems.

This partnership represents part of FactSet's broader AI Partner Program, suggesting a systematic approach to expanding its data ecosystem through strategic AI collaborations. For FactSet, whose core business revolves around providing trusted financial data and analytics, these partnerships help defend against potential disruption by embedding their data services within emerging AI workflows.

While the press release doesn't specify financial terms or revenue projections, the strategic value lies in maintaining FactSet's relevance in an increasingly AI-driven financial services landscape. The debt capital markets have traditionally been slower to adopt technological innovation compared to equities or trading, making this partnership potentially more significant as the sector undergoes digital transformation.

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

View original content:https://www.prnewswire.com/news-releases/credcore-advances-ai-innovation-in-debt-capital-markets-with-data-provided-by-factset-302448722.html

SOURCE CredCore

FAQ

What is the partnership between FactSet (FDS) and CredCore?

FactSet has integrated CredCore into its AI Partner Program, providing its Debt Capital Structure DataFeed to enhance CredCore's AI platform for debt capital markets.

How much assets under management (AUM) does CredCore's platform handle?

CredCore's platform manages over $650 billion in AUM, working with top U.S. asset managers and enterprises.

What is the size of the enterprise credit market that FactSet and CredCore are targeting?

The enterprise credit market they are targeting is valued at $5 trillion.

How will FactSet's DCS dataset benefit CredCore's AI platform?

FactSet's DCS dataset will provide organized, classified balance sheet data and credit instruments to improve AI language model efficacy and help analysts optimize credit strategies.

What specific solutions does CredCore's platform offer for debt deals?

CredCore offers end-to-end solutions that optimize the entire debt deal lifecycle, from pre-deal evaluation to post-deal management, including rapid extraction of insights from deal documents.