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A Tour of the Agentic Factory: How Vista Helps Portfolio Companies Launch Agentic Products

Rachel Levy
Senior Vice President, AI Innovation
October 12, 2026

Writing code used to be the hard part of building software. Today, Agentic AI has changed that: software can be prototyped in hours and developed in days. The hardest work is now ensuring that users not only have a great experience, but that what is being built delivers real value and is genuinely useful.

Vista’s Agentic Factory was created in 2025 to help software companies navigate this complexity. Our dedicated team of experts works directly with portfolio companies across the full development lifecycle to identify, design and ship agentic products. Since launching, the Factory has been the engine helping drive the portfolio’s most ambitious AI work.

A typical engagement has three stages – use case definition, technical design and collaborative build – and can take a company from an idea to an enterprise-grade agent in days.

Stage 1: Solution Design

Every Agentic Factory engagement starts from the same principle: “a problem well-stated is a problem half solved.”

Before deciding what to build, teams need to ground their work in a pain point. Who experiences it? Why does it matter? And what would a better outcome look like?

Companies come to that conversation prepared with customer feedback, gaps in their existing products and a view of what their competitors are already shipping. The Agentic Factory brings together roles from across the business to participate, including:

  •  Product and engineering leads, to align on the market opportunity and audience before the build.
  •  Domain experts, to contribute industry expertise that generic models can’t.
  •  Senior leadership, to help make the decisions required to move quickly.

Together, this team translates complex use cases into a multi-step workflow, accounting for key variables. The result is a blueprint for the product showing where agents, software and humans each fit in. Stakeholders weigh the benefits of automation against risk and compliance requirements to determine how much autonomy to give each agent.

This process often leads companies to solutions they didn’t expect. One portfolio company arrived looking to build a chatbot that could configure products from specification documents running thousands of pages. After mapping the use case, they instead landed on agents that could work with files asynchronously.

This stage takes time to get right, but defining the use case and solution clearly here helps everything downstream move quickly.

Stage 2: Technical Design

The technical design stage puts the systems and data in place to bring the blueprint to life.

This isn’t as simple as handing a data packet over to an agent. Teams need to map every system the agent will interact with, including where it gets information, where it takes action and how its performance is monitored.

Data readiness at this stage is about precision over volume. Companies should pinpoint and prepare the relevant datasets needed for the scoped use case, rather than running a months-long data transformation upfront.

Evaluation datasets are typically the toughest piece to solve. Agents are probabilistic: the same task can produce different outputs, and a product team needs a mechanism to distinguish an accurate result from a bad one. Most companies do not already have evaluation datasets built for this purpose.

Consider Accelya, a Vista portfolio company and a leading software provider to the airline industry. The Agentic Factory worked with Accelya to develop agents to support complex airline workflows, such as disruption management, order intelligence and settlement decisions. For an agent recommending an action during a disruption, for example, the team needs a set of representative scenarios and expected outcomes against which its recommendations can be evaluated. That allows the team to test whether the agent is consistently making appropriate decisions before deploying it into live operations.

Creating these evaluation datasets begins during technical design and continues into product iteration. This is how teams monitor the accuracy of agentic work during development as well as when the features are released at scale.

Stage 3: Collaborative Build

Finally, it’s time to build.

AI has dramatically expanded what a hackathon-style sprint can accomplish. Teams can have a working MVP (minimum viable product) by the end of day one and an enterprise-grade agent in as little as three days. The Agentic Factory did just that with supply chain management solution Assent, compressing what used to take several multi-week sprints into a few days.

Faster coding explains only part of that acceleration. Traditional software development loses enormous amounts of time between decisions. Engineering builds something. Product reviews it. Leadership weighs in. Feedback travels back to engineering. A relatively small change can spend days or weeks moving through the organization.

The Factory compresses that loop by putting decision makers in the room with engineers and domain experts. Pivots that once took days or weeks of realignment now happen in hours.

The Vista Model

Nearly a dozen portfolio companies have gone through the Agentic Factory so far, spanning industries including insurance, fintech and supply chain.1 Among them:

  •  Duck Creek, an insurance solutions company, designed a set of coordinated First Notice of Loss (FNOL) agents that now help process more than $60 billion in insurance premiums annually.2
  •  Finastra, a global fintech company, built its OperatorAssist tool to speed up payments exception handling, and it’s delivered efficiency gains upward of 20 percent since launching earlier this year.3
  •  Accelya, an airline software company, brought agents to flight disruption workflows across a platform that serves more than 200 airlines worldwide.4
  •  Assent, a supply chain compliance software company, worked with the Agentic Factory to deploy agents that support proactive risk identification and guided remediation.

Each engagement moved from concept to enterprise-grade product in days instead of the months or years once required.

That speed is proof of Vista’s Operational Intelligence℠ model at work. The Agentic Factory itself is a small team that runs on the same agentic capabilities it builds for portfolio companies: researching, coding and stress-testing solutions with agents alongside humans. The team moves beyond simply advising on agentic products and brings its own operating model directly to portfolio companies.

Learn more about how the Agentic Factory supports Vista’s portfolio companies.

1. The metrics regarding select aspects Vista portfolio company’s use of the Agentic Factory were selected by Vista on a subjective basis. Such metrics are provided solely for illustrative purposes to demonstrate elements of such companies’ business, are incomplete, and are not necessarily indicative of the company’s performance or overall operations. There can be no assurance that historical trends will continue throughout the life of any Vista Fund or investment.

2. https://www.vistaequitypartners.com/wp-content/uploads/2026/03/Vista-Equity-Partners_AI-Outlook-PDF-Mar-2026.pdf

3. https://www.finastra.com/press-media/finastra-launches-ai-based-operatorassist-transform-how-banks-address-payments-handling The metrics regarding select aspects of the Flagship Fund’s portfolio company operations were selected by Vista on a subjective basis. Such metrics are provided solely for illustrative purposes to demonstrate elements of such companies’ business, are incomplete, and are not necessarily indicative of the company’s performance or overall operations. There can be no assurance that historical trends will continue throughout the life of any Vista fund.

4. https://w3.accelya.com/resources/blogs/agentic-ai-airline-workflows/

 

This document does not constitute an offer to sell any securities or the solicitation of an offer to purchase any securities. This document discusses broad market, industry or sector trends, or other general economic, market or political conditions and should not be construed as research, investment advice, or any investment recommendation.

Statements contained in this document (including those relating to current and future market conditions and trends in respect thereof) that are not historical facts are based on current expectations, estimates, projections, targets, opinions, beliefs, and/or assumptions Vista considers reasonable. Such statements involve known and unknown risks, uncertainties and other factors, and undue reliance should not be placed thereon. In addition, no representation or warranty is made with respect to the reasonableness of any estimates, forecasts, illustrations, prospects or returns, which should be regarded as illustrative only, or that any profits will be realized. Certain information contained herein constitutes “forward-looking statements,” which can be identified by the use of terms such as “may”, “will”, “should”, “expect”, “project”, “estimate”, “intend”, “continue”, “target” or “believe” (or the negatives thereof) or other variations thereon or comparable terminology. Due to various risks and uncertainties actual events or results may differ materially from those reflected or contemplated in such forward-looking statements. No representation or warranty is made as to future performance or such forward-looking statements.

Certain information contained in this document has been obtained from published and non-published sources prepared by other parties, which in certain cases have not been updated through the date hereof. While such information is believed to be reliable, Vista does not assume any responsibility for the accuracy or completeness of such information and such information has not been independently verified by it. Except where otherwise indicated herein, the information provided in this document is based on matters as they exist as of the date of preparation of this document and not as of any future date and will not be updated or otherwise revised to reflect information that subsequently becomes available, or circumstances existing or changes occurring after the date hereof, or for any other reason.

No representation or warranty, either express or implied, is provided in relation to the accuracy or completeness of the information contained herein.

Artificial intelligence technology models (“AI”), including generative artificial intelligence and similar technologies (“GenAI”), can pose risks to Vista, the Funds, and their investments. AI is an emerging and rapidly evolving technology and therefore it is difficult to fully assess the risks associated with it and those posed to Vista, the Funds, and/or the Funds’ investments. Vista endeavors to evaluate AI models and related risks before using them in its business. However, there can be no assurance that it will do so successfully, and the use of AI may adversely affect Vista and the Funds and/or the Funds’ investments. Vista is exposed to the risks of these developing and evolving technologies, including in situations where AI is used by third-party service, data, or information vendors, or by companies where the Funds have or are considering an investment. Use of AI implicates risks resulting from inaccuracies in data input and output or signals, modeling, and information security and related regulatory developments, among others. Vista and/or the Funds could incur liability or expenses in connection with claims of infringement or similar claims by third parties related to information which Vista receives through GenAI. As a result, these risks may subject Vista to potential litigation (particularly trademark, licensing terms of use, and copyright claims), conflicts of interest, and/or other legal or operational risks. It is possible that new regulations may emerge in this area which impedes or hinders Vista’s ability to use AI in the future. The adoption of proposed regulatory rules regulating AI and other similar systems may also impose additional obligations and expenses on Vista. Vista’s practices regarding the use of AI could potentially disadvantage Vista competitively and there can be no assurance that Vista’s anticipated use of AI will be able to continue without restrictive regulatory requirements. Any of the foregoing factors could have a material and adverse effect on Vista, the Funds and the portfolio companies. As referenced herein, “Agentic AI” refers to AI systems capable of understanding a broader goal and coordinating, to varying degrees, the steps and decisions needed to pursue it and “AI Agent” refers to an AI-powered component that can perceive context, reason about next steps, and take actions toward a specific task, either independently or as part of a larger agentic workflow.

Represents high-level goals, strategic vision, or forward-looking aspirations for Vista’s Agentic Factory and its intended role within the portfolio. There can be no assurance that Vista will be able to implement its investment strategy and investment approach or achieve its investment objective.

Additional important disclosures can be found here. ©2026 Vista

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