FactSet announced an expanded offering with Snowflake, the Data Cloud company. FactSet will integrate its exclusive data-mapping service, FactSet Concordance Service, into Snowflake’s platform, providing clients with faster content integration. This offering marks the first time investment professionals will be able to immediately link third-party, FactSet, and proprietary content together in Snowflake’s data cloud. FactSet’s Concordance Service on Snowflake can be used by joint FactSet and Snowflake clients looking to enhance their data governance and expedite the data mapping process. Users pass their metadata to FactSet through an API; FactSet then uses machine learning techniques to identify individual firms and other financial entities from that metadata and assign each a single identifier. These identifiers are mapped to a universe of over 10 million additional entity records to ensure all data about a given firm is connected in one location, including company history and upcoming corporate actions. Hundreds of records can be linked in seconds, eliminating the need for clients to undergo a time- and resource-consuming data mapping process.