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NEW YORK, March 3, 2026 – FactSet, a global financial digital platform and enterprise solutions provider, and ComplyAdvantage, the leader in AI-driven financial crime risk management, today announced a strategic partnership to deliver an end-to-end workflow explicitly designed for relationship managers (RMs) in the corporate banking sector.
The partnership bridges a critical gap in the market by allowing RMs to “live” within the FactSet terminal as a one-stop shop for their daily activities. By embedding ComplyAdvantage’s risk and compliance intelligence, RMs can now manage all six stages of the corporate banking workflow – client engagement, business development management, risk assessment, risk monitoring, onboarding & transaction execution, and transaction operation & maintenance – within a single interface.
Eliminating the onboarding bottleneck
In the current landscape, onboarding a new corporate customer is an extensive, multi-week process that delays a bank’s ability to begin generating interest, foreign exchange (FX) fees, and transaction revenue. Feedback from tier-1 institutions, such as Citi, Bank of America, and Wells Fargo, highlights that analysts can spend up to 50% of their time on manual data collection for AML pings, creating a significant “human element” of duplication.
“We want to ensure that compliance is no longer a bottleneck for growth,” said Vatsa Narasimha, CEO at ComplyAdvantage. “By integrating our real-time risk data into the FactSet terminal, we are making RMs more productive and ensuring that every deal they bring to the table is aligned with regulatory standards from the very first click. This proactive approach leads to faster onboarding times, directly translating to a faster time-to-revenue for corporate banks.”
Empowering intentional business development
FactSet’s workstation already helps RMs identify and prioritize clients through private company data, credit data, and ownership insights. By layering this with ComplyAdvantage’s risk data, RMs can now practice what the partners refer to as “intentional business development.”
“FactSet has dedicated decades to developing purpose-built analytics engines and productivity tools that dealmaking users rely on, and this launch marks an exciting next step in FactSet’s commitment to innovation for our clients,” said Kendra Brown, Senior Vice President and Senior Director of Banking and Sell-Side Research at FactSet. “By embedding GenAI directly into FactSet Workstation, we empower relationship managers to make smarter, faster decisions and boost productivity. Our advanced tools are helping banks accelerate onboarding and enhance revenue generation.”
Strategic value and TCO reduction
The partnership enables banks to replace cumbersome, siloed systems with an integrated ecosystem. By housing ID verification, beneficial ownership, and organizational charts within the FactSet terminal, the solution minimizes the need for multiple third-party tools and reduces the total cost of ownership (TCO). This end-to-end offering allows users to conduct business prospecting and client engagement (FactSet) alongside compliance and risk responsibilities (ComplyAdvantage) in a single tool.
Key partnership highlights:
- Faster time-to-revenue: Accelerated onboarding allows banks to activate new relationships and start generating revenue weeks earlier than traditional manual methods.
- Full workflow coverage: FactSet addresses client engagement and business development management; ComplyAdvantage addresses the remaining four workflows (risk assessment, risk monitoring, onboarding & transaction execution, and transaction operation & maintenance).
- Increased productivity: Eliminates manual duplication by housing all documentation and verification in one interoperable environment.
- One-stop shop: RMs manage business development, client service, and risk management within the industry-leading FactSet UI.
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, offices in 19 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 9,000 global clients and over 239,000 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.
Investor relations:
Kevin Toomey
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Media relations:
Kelsey Goldsmith
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About ComplyAdvantage
“FinCrime compliance re-engineered for the age of AI.”
Our mission is to empower every business to eliminate financial crime.
By harnessing AI, a unified platform, and an extensive partner ecosystem, we help customers turn compliance into a catalyst for growth, operational resilience, and enduring regulatory trust. More than 3,000 enterprises across 75 countries rely on our unified platform and the world’s most comprehensive financial crime risk intelligence.
ComplyAdvantage supports regulated organizations in building resilient, audit-ready compliance programs designed for today’s complex risk environment. The platform helps teams apply consistent controls, adapt to regulatory change, and demonstrate confidence and transparency to regulators and stakeholders worldwide.
ComplyAdvantage is headquartered in London and has global hubs in New York, Lisbon, Singapore, and Cluj-Napoca. It is backed by Balderton Capital, Index Ventures, Ontario Teachers’ Pension Plan, Goldman Sachs, and Andreessen Horowitz. Learn more about compliance re-engineered for the age of AI at complyadvantage.com.
Media relations:
Sarah Cameron
[email protected]