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S&P Global Launches Kensho LLM-ready API (beta), Making its Structured Data Accessible for Generative AI

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S&P Global (NYSE: SPGI) has launched the Kensho LLM-ready API in beta, enabling customers to integrate S&P Global datasets with generative AI models. The solution allows natural language querying of financial data through large language models like GPT, Gemini, or Claude. The API provides access to S&P Capital IQ Financials, Compustat® Financials, and Market Data, with partial access to Key Developments and GICRS. Additional datasets will be available throughout 2025. The service has been in beta testing with select customers since April 2024, helping institutions accelerate their GenAI adoption and workflows.

S&P Global (NYSE: SPGI) ha lanciato in beta il Kensho LLM-ready API, che consente ai clienti di integrare i dataset di S&P Global con modelli di intelligenza artificiale generativa. La soluzione permette query in linguaggio naturale su dati finanziari attraverso modelli di linguaggio di grandi dimensioni come GPT, Gemini o Claude. L'API offre accesso a S&P Capital IQ Financials, Compustat® Financials, e Market Data, con accesso parziale a Sviluppi Chiave e GICRS. Ulteriori dataset saranno disponibili nel corso del 2025. Il servizio è stato in fase di test beta con clienti selezionati da aprile 2024, aiutando le istituzioni ad accelerare l'adozione e i flussi di lavoro legati all'IA generativa.

S&P Global (NYSE: SPGI) ha lanzado en beta la Kensho LLM-ready API, permitiendo a los clientes integrar los conjuntos de datos de S&P Global con modelos de IA generativa. La solución permite consultas en lenguaje natural sobre datos financieros a través de grandes modelos de lenguaje como GPT, Gemini o Claude. La API proporciona acceso a S&P Capital IQ Financials, Compustat® Financials y Market Data, con acceso parcial a Desarrollos Clave y GICRS. Se añadirán conjuntos de datos adicionales a lo largo de 2025. El servicio ha estado en pruebas beta con clientes seleccionados desde abril de 2024, ayudando a las instituciones a acelerar su adopción de GenAI y sus flujos de trabajo.

S&P Global (NYSE: SPGI)Kensho LLM-ready API를 베타 출시하여 고객이 S&P Global 데이터 세트를 생성적 AI 모델과 통합할 수 있도록 합니다. 이 솔루션은 GPT, Gemini, 또는 Claude와 같은 대형 언어 모델을 통해 재무 데이터를 자연어로 쿼리할 수 있게 해줍니다. API는 S&P Capital IQ Financials, Compustat® Financials 및 Market Data에 대한 접근을 제공하며, 주요 개발 사항 및 GICRS에 대한 부분 접근도 가능합니다. 추가 데이터 세트는 2025년 내내 제공될 예정입니다. 이 서비스는 2024년 4월부터 선택된 고객들과 함께 베타 테스트 중이며, 이는 기관들이 GenAI 채택과 업무 흐름을 가속화하는 데 도움을 주고 있습니다.

S&P Global (NYSE: SPGI) a lancé en version bêta l'API Kensho LLM-ready, permettant aux clients d'intégrer les jeux de données de S&P Global avec des modèles d'IA générative. La solution permet d'interroger des données financières en langage naturel grâce à de grands modèles de langage comme GPT, Gemini ou Claude. L'API offre un accès à S&P Capital IQ Financials, Compustat® Financials et Market Data, avec un accès partiel aux Développements Clés et GICRS. D'autres jeux de données seront disponibles tout au long de 2025. Le service est en phase de test bêta avec des clients sélectionnés depuis avril 2024, aidant les institutions à accélérer leur adoption de GenAI et leurs flux de travail.

S&P Global (NYSE: SPGI) hat die Kensho LLM-ready API in der Beta-Version eingeführt, die es Kunden ermöglicht, S&P Global-Datensätze mit generativen KI-Modellen zu integrieren. Die Lösung erlaubt natürliche Sprachabfragen von Finanzdaten über große Sprachmodelle wie GPT, Gemini oder Claude. Die API ermöglicht den Zugriff auf S&P Capital IQ Financials, Compustat® Financials und Market Data, mit teilweise Zugriff auf Schlüsselentwicklungen und GICRS. Weitere Datensätze werden im Laufe des Jahres 2025 verfügbar sein. Der Dienst befindet sich seit April 2024 im Beta-Test mit ausgewählten Kunden und hilft Institutionen, die Einführung von GenAI und ihre Arbeitsabläufe zu beschleunigen.

Positive
  • Launch of new API product enabling integration of financial data with GenAI models
  • Reduces time and resources required for data preprocessing and integration
  • Provides competitive advantage in GenAI implementation for financial institutions
  • Expands product offering and market reach in the growing AI sector
Negative
  • Product still in beta phase
  • dataset availability with full access planned throughout 2025

Insights

The launch of Kensho LLM-ready API represents a significant technological advancement in making complex financial data accessible for AI applications. The solution addresses a critical market gap by eliminating the resource-intensive preprocessing typically required for integrating financial data with LLMs. This positions S&P Global strategically in the AI-driven financial data market.

The API's integration with major LLMs (GPT, Gemini, Claude) and its ability to handle complex tabular data sets S&P Global apart from competitors. The beta testing since April 2024 validates the product's market readiness. The planned expansion of datasets throughout 2025 indicates a strong product roadmap that could drive additional revenue streams and strengthen S&P Global's market position in the rapidly growing GenAI space.

This product launch strengthens S&P Global's competitive moat in the financial data services industry. By making their proprietary data AI-ready, they're creating additional barriers to entry while increasing customer stickiness. The solution addresses a significant pain point for financial institutions trying to leverage GenAI, potentially leading to increased market share and higher customer retention rates.

The timing is particularly strategic as financial institutions are actively seeking ways to operationalize AI. Early adoption by beta customers since April 2024 suggests strong market demand. This positions S&P Global to capture a significant share of the growing AI-enabled financial data services market, potentially driving new revenue streams and expanding their existing customer relationships.

New solution enables customers to seamlessly integrate complex, high-priority S&P Global datasets into Generative AI models  

NEW YORK, Nov. 13, 2024 /PRNewswire/ -- S&P Global (NYSE: SPGI) announced today the launch of a new solution in open beta that enables customers to access several high-priority S&P Global datasets for generative AI (GenAI) use cases. Kensho LLM-ready API integrates seamlessly with large language models (LLMs) like GPT, Gemini, or Claude, allowing customers to use natural language to query S&P Global's tabular datasets. The API will help engineering, product, and business teams across financial services save significant time and resources by making company information, financial statements, historic market data, and global securities data a question away. 

Traditionally, incorporating complex financial data into GenAI applications requires financial institutions to conduct arduous, time-consuming, and expensive data preprocessing, integration, and monitoring. As a result, many firms do not have the resources to start or maintain this process, which means they have not been able to fully take advantage of GenAI for their use cases. With the Kensho LLM-ready API, S&P Global has done this work already, so customers can add S&P Global's rich, tabular data seamlessly and reliably into their LLM-enabled applications. Business users, such as analysts and traders, can write their queries into their institution's chosen LLM and receive a trusted, timely answer. The solution draws on S&P Global's financial domain expertise, which includes a sophisticated knowledge of the needs, use cases, and shorthand preferred by financial professionals. To support traceability and give customer confidence in the accuracy of the response, the solution provides the function calls or generated code as an audit trail. 

"As customers continue to integrate GenAI into their businesses, we want to make our data more easily and immediately accessible to the entire LLM ecosystem," said Bhavesh Dayalji, Chief AI Officer at S&P Global. "We are providing the same high-quality, trusted data our customers rely on, now ready for our customer's GenAI application of choice–be it their own internal proprietary LLM or a third-party application. We are expanding how and where customers can discover and leverage our offerings, with a vision to be the go-to partner for customers looking to capitalize on their investments in AI." 

Asking natural language questions of complex structured data has historically been very difficult, due to high complexity of business and finance datasets, including a reliance on tabular data. As a result, without readily consumable data formats, financial institutions that want to harness GenAI are seeing delayed time to value. Kensho LLM-ready API, which has been used by a select group of customers in beta since April 2024, has already helped institutions speed up their GenAI adoption and workflows. The solution provides access to S&P Capital IQ Financials, Compustat® Financials, and Market Data, and partial access to Key Developments and GICRS, with plans to make additional datasets available throughout 2025.   

S&P Global is committed to getting more of its data "AI-ready"—which means it is trusted, formatted, and accessible to LLMs—allowing institutions to focus on leveraging AI for innovation and decision-making, instead of data preparation. It's one of S&P Global's many initiatives to help customers harness the full potential of GenAI, including providing the financial industry with robust LLM evaluation solutions through S&P AI Benchmarks and developing sophisticated GenAI interfaces into existing products, such as ChatAI on Platts Connect or ChatIQ in Capital IQ Pro.

About S&P Global 
S&P Global (NYSE: SPGI) provides essential intelligence. We enable governments, businesses and individuals with the right data, expertise and connected technology so that they can make decisions with conviction. From helping our customers assess new investments to guiding them through sustainability and energy transition across supply chains, we unlock new opportunities, solve challenges and accelerate progress for the world. 

We are widely sought after by many of the world's leading organizations to provide credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help the world's leading organizations plan for tomorrow, today. For more information visit www.spglobal.com.

Media Contact:

Madeline McSherry
Head of Communications, Kensho
Office of the Chief AI Officer, S&P Global

E. madeline.mcsherry@spglobal.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/sp-global-launches-kensho-llm-ready-api-beta-making-its-structured-data-accessible-for-generative-ai-302303392.html

SOURCE S&P Global

FAQ

What is S&P Global's (SPGI) new Kensho LLM-ready API?

Kensho LLM-ready API is a solution that enables customers to integrate S&P Global's datasets with generative AI models, allowing natural language querying of financial data through large language models like GPT, Gemini, or Claude.

When did S&P Global (SPGI) begin beta testing the Kensho LLM-ready API?

S&P Global began beta testing the Kensho LLM-ready API with select customers in April 2024.

What datasets are currently available through S&P Global's (SPGI) Kensho LLM-ready API?

The API currently provides access to S&P Capital IQ Financials, Compustat® Financials, Market Data, and partial access to Key Developments and GICRS, with more datasets planned for 2025.

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