FactSet Research Systems Inc. announced its latest GenAI advancement, Portfolio Commentary. This innovative solution complements FactSet?s performance attribution capabilities with detailed and source-linked commentary to empower buy-side and wealth management professionals to understand the key drivers of portfolio performance more holistically. Powered by large language models (LLMs), Portfolio Commentary significantly reduces the challenging, time-consuming, and nuanced process of writing attribution summaries manually.

Instead, with the click of a button, users can generate baseline and source-linked portfolio commentary for any attribution report in approximately 30-60 seconds. Key features of Portfolio Commentary include: Deep Understanding of Relative Performance: Portfolio Commentary delivers four types of insights: an executive summary, sub-period analysis of trends, ?stepping back? to explain relative portfolio performance starting from the benchmark, and ?stepping in?

which highlights the most influential securities within the analysis. Key Company Drivers: Portfolio Commentary uses a proprietary algorithm to highlight companies with the most significant impact and provides a two-part answer: (a) the company?s impact, and (b) in partnership with Pebble Finance, the commentary summarizes what drove the company to a particularly strong or poor performance throughout the period. Direct Source-Linking: Each sentence within the commentary includes auditable links to the numbers behind the given assertions.

Users can navigate between the explanation and the supporting data to solidify their understanding of relative performance. Streamline Stakeholder Communication: Commentary can be directly downloaded to Microsoft Word, stored in FactSet?s Research Management System (RMS), or leveraged programmatically, thereby allowing users to openly access the commentary, customize it, and share it with stakeholders in a timely manner. Portfolio Commentary can be accessed via FactSet?s Portfolio Analysis solution within the FactSet Workstation.

Portfolio Commentary will be showcased at FOCUS, FactSet?s client event that brings together top thought leaders, industry experts, and key decision-makers from the finance and technology sectors to discuss innovations that help drive the investment community forward. This year?s event will take place in Miami, Florida, from April 29-May 2, 2024.