FactSet Research Systems Inc. (NYSE: FDS) revealed that it has formed an application for Microsoft Teams. The user of Microsoft will be able to gain access to the business news and content quickly in Microsoft Team. It also enables the user to retrieve and distribute comprehensive information about the firm and prevent users from navigating outside the app.
This subscription of FactSet is available to users who download FactSet for Microsoft Team. FDS will target the 115 plus million customers of the Microsoft Team. The flagship StreetAccount news service of FDS will provide users popular news, the top events in the market. Not only this but also users will be able to access the data of the firm by accessing the financial data of the firm and also send the news data to their friends.
FactSet clients will also have additional features, plus the opportunity to retrieve more comprehensive information, as well as firm news, references, and price alarms who download the firm’s application for Teams. The FactSet and the Team users have also the opportunity to get the “Answer” feature which enables clients to ask queries within the app. After stating their queries clients will be able to get responses to hundreds of famous questions, such as sales, net income, bond yields, and industry categories.
FactSet utilizes ML techniques to overlay comprehensive business and economic information in reply to entered queries for both public and private businesses. Almost one-third of clients of FactSet use Teams and these added features will provide users more benefits. The FactSet App and consolidation with Microsoft Teams offers clients more ways to keep in touch and cooperate virtually.