Appital has integrated with FactSet’s Enterprise Execution Management System (EMS), giving clients access to Appital’s bookbuilding platform.

The integration of Appital’s bookbuilding platform in FactSet’s Portware Enterprise EMS automates what has traditionally been a highly manual process, while at the same time giving buyside traders the ability to place very large orders or participate in unique liquidity opportunities.

FactSet, a global provider of integrated financial information, analytical applications, and industry-leading service, has a strong history of innovation, and its multi-asset class Portware Enterprise EMS helps the world’s largest asset managers and hedge funds navigate the challenges of complexity and scale with embedded analytics, sophisticated decision support, and state-of-the-art automation. Sparked by continued demand from these clients, the integration with Appital will offer buyside clients a more efficient and transparent way to execute large-in-size orders with minimal market impact or risk of price erosion.