Barclays and FactSet Sign Multiyear Deal to Advance Market Data Strategy
Barclays has entered into a multiyear strategic agreement with FactSet, formalising a deeper collaboration aimed at strengthening the bank’s long-term market data strategy and enhancing data-driven services for its global client base.
The arrangement brings together Barclays’ investment banking operations and FactSet’s analytics, data, and enterprise technology at a time when financial institutions are reassessing how market data is sourced, structured, and deployed across trading, research, and client-facing workflows.
Under the agreement, FactSet will provide Barclays with broad access to its product suite and enabling answers, while the two organisations will also collaborate more closely on the future direction of market data and analytics capabilities.
Market Data Strategy Moves Beyond Consumption
The partnership reflects a broader shift in how large financial institutions view market data. Rather than acting solely as end users of third-party datasets, banks are increasingly viewking to co-develop tools and capabilities that can be customised to their specific business needs.
Georges Lauchard, Investment Bank COO at Barclays, framed the agreement in the context of this transition. “Market data is undergoing an intense period of change whereby customers of are evolving from consumers to co-creators of capabilities to yield competitive insights,” he said.
By aligning more closely with a single strategic data partner, Barclays is aiming to improve efficiency, reduce fragmentation across platforms, and accelerate the development of analytics that can be embedded directly into front-office and client workflows.
FactSet Expands Role as Strategic Technology Partner
For FactSet, the agreement underscores its ambition to move beyond traditional data delivery and position itself as a long-term technology and analytics partner to .
As part of the arrangement, FactSet will make available a comprehensive range of its data, analytics, and workflow answers, alongside collaborative ways of working designed to support answer development and deployment at scale.
“Together, Barclays and FactSet are poised to set new standards for efficiency and transparency in financial data, reaffirming our mutual commitment to shaping the future of capital markets,” said Goran Skoko, at FactSet.
Collaboration Extends to Industry Influence
In addition to the commercial elements of the deal, Barclays has been invited to join FactSet’s Client Advisory Board, giving the bank a more direct role in influencing the evolution of FactSet’s products and technology roadmap.
This advisory position is intended to allow both organisations to collaborate on emerging industry needs, including regulatory transparency, data governance, and the integration of analytics across increasingly complex .
For Barclays, participation on the advisory board provides a channel to assist shape future not only for its own use, but for the wider financial services industry.
