FactSet Launches AI-Powered Pitch Creator

Core Insights - FactSet has launched Pitch Creator, a GenAI-powered solution aimed at transforming pitchbook creation for investment banks, significantly reducing manual work time from hours to minutes [1][3] - The solution integrates with Microsoft Office, allowing junior bankers to compile and analyze data efficiently, enhancing productivity and enabling a focus on strategic initiatives [2][3] Features of Pitch Creator - Pitch Creator utilizes FactSet Mercury, an AI chatbot, to facilitate natural language prompts for accessing templates, building slides, and extracting insights from data [2] - Key functionalities include: - Search Intelligence: Enables semantic searches across unstructured content, expediting idea generation for investment bankers [4] - Chart Creator: Allows users to generate dynamic graphs and charts through simple queries, enhancing presentation quality [4] - Slide Assistant & ReSlide Capabilities: Automates the creation of branded slides and content reconfiguration for presentations [4] - Tombstone Generator: Quickly generates tombstone slides for pitchbooks, automating repetitive formatting tasks [4] - Template Assistant: Provides access to over 200 pre-built Excel templates for modeling workflows [4] - Office Cloud Refresh: Facilitates secure model refresh tasks via FactSet servers, improving workflow efficiency [4] Strategic Impact - The introduction of Pitch Creator is expected to improve work-life balance for junior bankers, who typically work 80 to 100 hours per week, by streamlining workflows and enhancing efficiency [3] - The solution empowers junior bankers to deliver high-impact presentations by leveraging source-linked data and modern design elements [3]