FactSet Research Systems shares rose Friday after the financial data provider said it has expanded its model context protocol, or MCP, suite to include portfolio analytics.
The company said the new FactSet Portfolio Analytics MCP allows buy-side investment professionals to access portfolio performance, attribution and risk analytics through conversational and AI agent interfaces.
Shares were recently up about 10% at $229.50. The stock has lost nearly half its value over the past 12 months.
FactSet said the tool provides pre-calculated, audit-ready analytics inside clients' private large language model environments, allowing firms to use AI-powered workflows without rebuilding data pipelines. It also supports natural language queries and developer tools for building proprietary AI applications.
The company said the offering builds on its existing AI-ready data products, including its unstructured data MCP, vectorized data API and Intelligent Document Service.
Write to Anvee Bhutani at anvee.bhutani@wsj.com
(END) Dow Jones Newswires
June 26, 2026 12:25 ET (16:25 GMT)
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