FactSet

FactSet
source
Name	FactSet
Type	Public
Traded as	NYSE: FDS
Industry	Financial technology
Founded	1978
Founder	Howard Wille, Charles Snyder
Headquarters	Norwalk, Connecticut
Key people	Philip Hadley, Helen Shan

FactSet is a leading provider of financial data and software solutions, serving investment professionals, such as those at Goldman Sachs, Morgan Stanley, and J.P. Morgan. The company's products and services are used by hedge funds, asset managers, and investment banks like BlackRock, Vanguard, and Citigroup. With a strong presence in the financial industry, FactSet has established partnerships with Bloomberg, Thomson Reuters, and S&P Global. Its solutions are also used by University of Pennsylvania's Wharton School and Massachusetts Institute of Technology's Sloan School of Management.

Introduction

FactSet's financial data and software solutions are designed to support investment decisions, such as those made by Warren Buffett and George Soros. The company's products are used by professionals at Fidelity Investments, Charles Schwab, and E\*TRADE, as well as by research analysts at Deutsche Bank, UBS, and Barclays. FactSet's solutions are also used by portfolio managers at T. Rowe Price, State Street Corporation, and Northern Trust. The company's data feeds are integrated with Microsoft Excel, Tableau Software, and Power BI, allowing users to analyze data from Dow Jones, S&P Dow Jones Indices, and FTSE Russell.

History

FactSet was founded in 1978 by Howard Wille and Charles Snyder, and it has since grown to become a leading provider of financial data and software solutions, serving clients like Allianz, AXA, and Prudential Financial. The company has expanded its operations through strategic acquisitions, including the purchase of StreetAccount, Market Metrics, and Revere Data. FactSet has also established partnerships with Morningstar, Inc., Lipper, and Aite Group, and its solutions are used by professionals at BNP Paribas, Societe Generale, and Royal Bank of Scotland. The company has received awards from Forbes, Fortune (magazine), and Institutional Investor, and it has been recognized as one of the Best Places to Work by Fortune (magazine) and Glassdoor.

Products_and_Services

FactSet's products and services include financial data feeds, such as earnings estimates and financial statements, which are used by professionals at Bank of America Merrill Lynch, Wells Fargo, and Credit Suisse. The company's software solutions, such as portfolio analytics and risk management, are used by hedge funds like Bridgewater Associates, Renaissance Technologies, and D.E. Shaw. FactSet's solutions are also used by asset managers like Vanguard, BlackRock, and State Street Corporation, as well as by investment banks like Goldman Sachs, Morgan Stanley, and J.P. Morgan. The company's data is sourced from exchanges like New York Stock Exchange, NASDAQ, and London Stock Exchange, as well as from regulatory filings like SEC EDGAR and UK Companies House.

Company_Financials

FactSet's financial performance is closely watched by analysts at Deutsche Bank, UBS, and Barclays, as well as by investors like Warren Buffett and George Soros. The company's revenue has grown steadily over the years, driven by increasing demand for its financial data and software solutions from clients like Fidelity Investments, Charles Schwab, and E\*TRADE. FactSet's net income has also increased, allowing the company to invest in research and development and expand its operations through strategic acquisitions, such as the purchase of StreetAccount and Market Metrics. The company's financial performance is reported in its annual report, which is filed with the SEC and available on its investor relations website, along with its quarterly earnings and proxy statement.

Acquisitions_and_Partnerships

FactSet has expanded its operations through strategic acquisitions, including the purchase of StreetAccount, Market Metrics, and Revere Data. The company has also established partnerships with Bloomberg, Thomson Reuters, and S&P Global, as well as with Morningstar, Inc., Lipper, and Aite Group. FactSet's solutions are integrated with Microsoft Excel, Tableau Software, and Power BI, allowing users to analyze data from Dow Jones, S&P Dow Jones Indices, and FTSE Russell. The company has also partnered with University of Pennsylvania's Wharton School and Massachusetts Institute of Technology's Sloan School of Management to provide its solutions to students and faculty, and it has received awards from Forbes, Fortune (magazine), and Institutional Investor. Category:Financial technology companies