Norwalk-based financial data and analytics firm FactSet has created a new chief AI officer position as it looks to expand the use of artificial intelligence across its products and services.
The company said Kate Stepp was appointed chief AI officer, effective March 2. She will oversee the development and rollout of AI capabilities for FactSet’s clients and report to CEO Sanoke Viswanathan.
Stepp previously served as the company’s chief technology officer, a role she held since September 2022.
FactSet named Bob Stolte chief technology officer to succeed Stepp. In that role, he will lead the company’s global technology organization, overseeing engineering, platform development, cybersecurity and other technology operations.
FactSet provides financial data, analytics and software used by investment firms, banks, asset managers and corporations to research markets, analyze companies and manage portfolios, and has been increasing its focus on integrating AI tools into that platform.
“AI is central to how we innovate, serve clients, and operate,” Viswanathan said.
