The FactSet integration provides Claude with access to institutional-grade financial data and analytics used by investment professionals worldwide. This article explains how to set up and use FactSet data for financial analysis, including global pricing data, fundamental financials, analyst estimates, M&A transactions, ownership data, and executive information.
What This Integration Provides
Capabilities
The FactSet integration enables Claude to access multiple categories of financial and market data.
Global Market Data: End-of-day pricing, OHLC, volume, and returns for global equities, ADRs, and ETFs from 2006 onwards, including corporate actions and dividend adjustments
Comprehensive Fundamentals: Standardized financial statements, segment breakdowns, and ratios from company filings across annual, quarterly, and interim periods
Analyst Consensus and Estimates: Forward-looking earnings estimates, analyst ratings, and earnings surprise data comparing actual results to expectations
M&A and Deal Intelligence: Transaction data including deal values, terms, parties, and status for both public and private deals
Supply Chain Relationships: Business network mapping of competitors, customers, suppliers, and partners from regulatory filings
Ownership and Insider Activity: Institutional holdings, fund positions, and insider transactions (with quarterly filing lags)
Executive and Board Information: Leadership profiles, compensation data, employment history, and governance statistics
Corporate Events Calendar: Earnings announcements, investor conferences, and other scheduled corporate events
How Claude Uses FactSet Data
Claude applies FactSet's data to support comprehensive analysis:
Integrated Company Analysis: Combines pricing, fundamentals, estimates, and ownership data to build complete company profiles
Cross-Dataset Validation: Verifies information across data types, such as comparing earnings surprises to insider trading patterns
Timeline Construction: Builds chronological narratives combining M&A events, corporate actions, and management changes
Network Mapping: Creates relationship maps showing competitive dynamics and ownership structures
Multi-Period Comparisons: Retrieves standardized metrics across companies for accurate peer analysis
Setting Up FactSet Integration
For Organization Admins
Navigate to Settings > Integrations
Toggle to "Organization integrations"
Click "Add custom integration"
Enter the FactSet integration URL (provided by your FactSet representative)
Name the integration (e.g., "FactSet")
Click "Add"
For Individual Users
Learn about finding and connecting tools.
Common Use Cases
Comprehensive Equity Research
Using FactSet, create a complete analysis of Apple (AAPL) including 5-year price performance with total returns, latest quarterly fundamentals versus prior year, consensus estimates for next fiscal year, and recent insider transaction activity. Compare key metrics to Microsoft and Google as peer benchmarks.
This request uses multiple FactSet datasets to build a complete equity research report. Claude retrieves historical pricing to show performance trends, pulls standardized fundamentals for year-over-year comparisons, incorporates forward-looking consensus estimates, and adds governance context through insider activity. The peer comparison ensures relative valuation context using FactSet's standardized metrics.
When to use: Building investment research reports or preparing for investment committee presentations
Tip: FactSet's standardized fundamentals enable true apples-to-apples comparisons across companies, even when they use different accounting presentations.
M&A Activity Analysis
Retrieve all M&A deals in the software sector over the past 24 months where deal value exceeded $1 billion. Include buyer, target, deal value, and completion status. Then identify which acquirers have been most active and their typical deal sizes.
M&A analysis through FactSet shows consolidation patterns and strategic priorities in specific sectors. Claude retrieves transaction data filtered by industry, size, and time period, then analyzes patterns to identify serial acquirers, typical valuations, and preferred deal structures.
When to use: Understanding consolidation trends or identifying potential acquirers and targets
Note: Deal data includes both completed and pending transactions, with status indicators showing which deals closed successfully versus those that were terminated.
Earnings Surprise Analysis
For the last 8 quarters, show me Netflix's reported EPS versus consensus estimates, calculating the surprise percentage and direction. Include the stock's price reaction in the 3 days following each announcement to understand how the market responded to surprises.
Earnings surprise analysis combines FactSet's expectations data with actual reported results and subsequent price movements. Claude can identify whether companies beat or missed expectations and calculate the magnitude of the surprise. The integration provides historical earnings performance data alongside corresponding stock price changes, enabling analysis of earnings sensitivity patterns.
When to use: Evaluating management credibility and understanding market expectations
Key benefit: Combines estimate data with price reactions for complete surprise impact analysis, showing not just the surprise but how the market interpreted it.
Ownership and Insider Tracking
Show me the top 20 institutional holders of Tesla, their current positions, and changes over the last quarter. Also pull any insider transactions over $1 million in the past 6 months, noting whether executives were buying or selling.
Claude retrieves institutional holdings data showing position sizes and changes by investment managers, mutual funds, and other institutional investors. The integration also tracks insider transactions, documenting when executives and directors buy or sell shares in their companies. These datasets show ownership changes over time, though institutional data typically reflects quarterly filing cycles rather than current positions.
When to use: Understanding investor sentiment and management confidence
Note: Ownership data typically has a quarterly lag due to filing requirements, so positions shown may not reflect current holdings.
Supply Chain Risk Assessment
Map NVIDIA's key suppliers, customers, and partners from FactSet's relationship data. Identify any concentration risks where a single relationship represents significant revenue exposure. Cross-reference with recent 10-K risk disclosures.
Supply chain analysis through FactSet can show dependencies that may not be apparent from financial statements. This analysis can highlight risks, potential supply disruptions, and customer dependencies that could impact future performance.
When to use: Operational due diligence or supply chain risk analysis
Key consideration: Relationship data comes from disclosed sources and may not capture all partnerships, particularly those below materiality thresholds.
Tips for Using FactSet
Specify exact data types needed to avoid overwhelming results
Use date ranges to manage data volume, especially for daily pricing data
Note that some data has reporting lags—ownership is quarterly, insider transactions have filing delays
For complex analyses, start with a subset of companies before expanding scope
Be aware that relationship and ownership data reflects disclosed information and may not be complete