MSCI Expands Partnership with Google Cloud to Accelerate Generative AI Solutions for the Investment Industry
MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, today announced an expansion of its partnership with Google Cloud to accelerate the development of generative AI (gen AI) solutions for the investment industry. Powered by Google Cloud’s gen AI platform Vertex AI and climate technology, including BigQuery Geospatial and Earth Engine, the solutions will help MSCI clients better manage portfolio risks and opportunities and make informed investment decisions.
The partnership will focus on three key areas:
- Risk Signals: MSCI will combine its proprietary data and analytics with Google Cloud’s gen AI solutions to provide an overview of portfolio and enterprise level risk designed to significantly reduce the time clients need to analyze and arrive at actionable insights. This solution will help portfolio and risk managers more easily synthesize and rapidly act on significant volumes of risk signals from their portfolios, while also fostering greater collaboration between risk and portfolio management teams to build more resilient portfolios.
- Conversational AI: Google Cloud’s gen AI will also power MSCI’s new conversational AI solution for its portfolio and risk management solutions. This capability will use natural language processing to simulate human language and generate responses that can enable clients to quickly answer questions and surface information about their portfolios and MSCI data, models, and solutions.
- Climate Generative AI: MSCI and Google Cloud will work together to leverage Google’s gen AI technologies to help investors measure and manage portfolio exposure to climate risk and identify low carbon investment opportunities. With these advanced AI technologies, MSCI will make it easier for investors to identify, synthesize, and communicate the broad range of climate exposures across asset classes.
“The AI revolution has led to rising expectations among companies and investors, who want faster access to higher-quality data, analytics, and actionable insights,” said Henry Fernandez, Chairman and Chief Executive Officer, MSCI. “Expanding our partnership with Google Cloud will help MSCI address these needs while keeping us at the forefront of advanced data technologies. It will also help us provide new solutions for investors working to decarbonize their portfolios.”
“The investment industry has long been fueled by AI and machine learning, which MSCI has been using for years. However, advancement in generative AI has jump-started a revolution in our industry,” added Jigar Thakkar, Chief Technology Officer, MSCI. “We are excited to collaborate with Google Cloud to accelerate the development of generative AI solutions, which will aim to offer investors deeper data-driven insights, enhanced decision-making capabilities, and accelerated portfolio implementation. With the power of generative AI and LLMs, we are advancing towards our commitment to help investors build better portfolios with enhanced insights.”
“Generative AI is driving the next evolution of financial services as investment professionals look for better and faster ways to monitor portfolios, generate new insights, and scale the speed of decision-making,” said Thomas Kurian, CEO, Google Cloud. “Our partnership with MSCI to build generative AI-powered solutions will not only help risk and portfolio management teams better collaborate and unlock insights, but also will enable MSCI’s clients to build more climate-resilient portfolios.”
About MSCI Inc.
MSCI is a leading provider of critical decision support tools and services for the global investment community. With over 50 years of expertise in research, data, and technology, we power better investment decisions by enabling clients to understand and analyze key drivers of risk and return and confidently build more effective portfolios. We create industry-leading research-enhanced solutions that clients use to gain insight into and improve transparency across the investment process.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or performance and involve risks that may cause actual results or performance differ materially and you should not place undue reliance on them. Risks that could affect results or performance are in MSCI’s Annual Report on Form 10-K for the most recent fiscal year ended on December 31 that is filed with the SEC. MSCI does not undertake to update any forward-looking statements. No information herein constitutes investment advice or should be relied on as such. MSCI grants no right or license to use its products or services without an appropriate license. MSCI MAKES NO EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE OR OTHERWISE WITH RESPECT TO THE INFORMATION HEREIN AND DISCLAIMS ALL LIABILITY TO THE MAXIMUM EXTENT PERMITTED BY LAW.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
Samuel Wang +1 212 804 5244
Melanie Blanco +1 212 981 1049
Konstantinos Makrygiannis +44 (0) 7768 930056
Tina Tan +852 2844 9320
MSCI Global Client Services
EMEA Client Service +44 20 7618.2222
Americas Client Service +1 888 588 4567 (toll free)
Asia Pacific Client Service +852 2844 9333
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
LTIMindtree Ranks Second in Overall Customer Satisfaction in Whitelane Research’s 2023 IT Sourcing Study for Germany5.12.2023 15:43:00 EET | Press release
LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, today announced that it has been ranked second in customer satisfaction in the 2023 IT Sourcing Study for Germany, by Whitelane Research, a leading independent organization uniquely focused on IT sourcing studies on trends and satisfaction across Europe. LTIMindtree's overall customer satisfaction score of 80% is well above the industry average of 74%. All LTIMindtree customers surveyed for the study affirmed that they were satisfied with the company. Specifically, LTIMindtree ranked first on service delivery quality and second on transformative innovation. LTIMindtree was also one of the only two companies with 5% or more above the average score across all four KPIs namely, transformative innovation, account management, service delivery and price level. Sudhir Chaturvedi, President and Executive Board Member, LTIMindtree, said, “We are thankful to our valued customers for their continue
Bsure Insights Now Available in the Microsoft Azure Marketplace5.12.2023 15:13:00 EET | Press release
Bsure today announced the availability of Bsure Insights in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. Bsure customers can now take advantage of the productive and trusted Azure cloud platform, with streamlined deployment and management. “Through our application, we give companies insights into their Microsoft users and licenses, giving them the tool they need to optimize their spend and reduce risk on their users, both member and guests,” said Henrik Skalmerud, CEO, Bsure. “We want to share our competency through the app, empowering companies to make informed decisions based on the information we give them, and this is available on the Azure Marketplace platform.” “Microsoft welcomes Bsure Insights to Azure Marketplace, where global customers can find, try, and buy from among thousands of partner solutions,” said Jake Zborowski, General Manager, Microsoft Azure Platform at Microsoft Corp. “Azure Marketplace and trusted partne
Battery Manufacturer Hithium Joins Chile’s Clean Energy Association5.12.2023 15:00:00 EET | Press release
Stationary energy storage specialist Hithium has become a member of Chile’s renewable energy association ACERA. The manufacturer signed with the group at an event it hosted for partners and industry colleagues in Santiago, where Hithium representatives also introduced the company to the regional market and presented its latest product innovations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231205316012/en/ Hithium joins ACERA in Chile (Photo: Business Wire) “We are committed to supporting the renewables industry in Chile, which is why it is important for us to join our clean energy sector colleagues here and become a member of ACERA,” said Mizhi Zhang, Hithium Head of Global Business, at the event. “As renewable energy generation grows, energy storage plays a key role in enabling the grid to incorporate clean power in a stable way. A big thanks to all our sector colleagues and partners who joined us tonight to celebrate
Moody’s Launches Moody’s Research Assistant, a GenAI Tool to Power Analytic Insights5.12.2023 15:00:00 EET | Press release
Moody's Corporation (NYSE:MCO) today announced the launch of Moody’s Research Assistant, a first-of-its-kind search and analytical tool powered by generative artificial intelligence (GenAI). Leveraging Moody’s extensive proprietary content and the latest large language models (LLMs), the product helps customers generate new insights from the breadth and depth of Moody’s credit research, data, and analytics. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231205410924/en/ As the first GenAI-powered research tool commercially available for financial market participants, Moody’s Research Assistant synthesizes vast amounts of information so users can assess lending or investment opportunities, monitor developments, compare entities, and enhance analytical workflows rapidly and at scale. Grounded in Moody’s extensive proprietary content in combination with the latest GenAI technology, Moody’s Research Assistant allows users to gen
Exscientia Receives Open Philanthropy Grant to Explore New Therapeutic Approach for Pandemic Influenza5.12.2023 15:00:00 EET | Press release
Exscientia plc (Nasdaq: EXAI) announced today that the Company received a $2.3 million grant from Open Philanthropy, a philanthropic funder with several programs in global health and wellbeing. Under this grant, Exscientia aims to harness the activation of the host interferon response as a therapeutic approach for pandemic influenza. The grant comes in the context of the wider Pandemic Antiviral Discovery (PAD) initiative. Out of the COVID-19 pandemic experience, jointly with the Novo Nordisk Foundation and the Bill & Melinda Gates Foundation, Open Philanthropy launched the PAD initiative to help catalyse the discovery and early development of novel antiviral medicines in preparation for future pandemics. “We are thrilled that these expert institutions are supporting Exscientia’s capabilities to develop innovative solutions to address significant unsolved health issues, expressed through this grant,” said Professor Ian Goodfellow, Vice President of Antivirals at Exscientia. “If we mana
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom