FactSet Company Overview
What is the Stock Ticker for FactSet?
The stock ticker for FactSet is FDS.
Where is the FactSet headquarters?
FactSet's headquarters is located in Norwalk, Connecticut, United States.
What Does FactSet Do?
FactSet is a financial data and software company that provides financial information and analytics to investment professionals. They offer a range of products and services, including real-time market data, research, and portfolio analysis tools. Their clients include asset managers, hedge funds, investment banks, and other financial institutions.
How Does FactSet Make Money?
FactSet is a financial data and software company that provides financial information and analytics to investment professionals. The company makes money by selling its products and services to its clients, which include investment banks, asset managers, hedge funds, and other financial institutions.
FactSet's products and services include financial data feeds, analytics tools, research management software, and portfolio management systems. The company charges its clients subscription fees for access to these products and services, which are typically based on the number of users and the level of functionality required.
In addition to its core products and services, FactSet also generates revenue from consulting services, training and support, and custom development projects. The company's consulting services help clients optimize their use of FactSet's products and services, while its training and support services provide ongoing education and technical assistance to users.
Overall, FactSet's revenue model is based on providing high-quality financial data and analytics tools to its clients, and charging subscription fees for access to these products and services. The company's focus on serving the needs of investment professionals has helped it build a loyal customer base and maintain a strong position in the financial data and software market.
Who Founded FactSet?
The founders of FactSet are Howard Wille and Charles Snyder.
What is the History of FactSet?
FactSet is a financial data and software company that was founded in 1978 by Howard Wille and Charles Snyder. The company started as a provider of financial data to investment professionals, but has since expanded to offer a wide range of financial software and services. FactSet went public in 1996 and is now listed on the New York Stock Exchange. The company has grown through a combination of organic growth and strategic acquisitions, including the acquisition of Portware LLC in 2015 and BISAM Technologies in 2018. Today, FactSet serves over 130,000 users in more than 145 countries.
What Industry is FactSet In?
FactSet is in the financial data and software industry.
What Are FactSet's Competitive Advantages?
1. Comprehensive Data Coverage: FactSet has a vast database of financial and economic data, covering a wide range of asset classes, including equities, fixed income, commodities, and currencies. This comprehensive data coverage gives the company a competitive advantage over its peers.
2. Advanced Analytics: FactSet's analytics tools are highly advanced and provide users with a range of sophisticated analytical capabilities. These tools enable users to perform complex financial analysis, including portfolio optimization, risk management, and performance attribution.
3. Customizable Solutions: FactSet offers customizable solutions that can be tailored to meet the specific needs of individual clients. This flexibility allows the company to provide solutions that are highly relevant and valuable to its clients.
4. Strong Reputation: FactSet has a strong reputation in the financial industry, built on its commitment to providing high-quality data and analytics solutions. This reputation gives the company a competitive advantage, as it is seen as a trusted and reliable provider of financial information.
5. Global Presence: FactSet has a global presence, with offices in over 40 countries. This global reach allows the company to serve clients around the world and gives it a competitive advantage over companies that are limited to specific regions or markets.
What Are FactSet's Competitive Threats?
Some competitive threats to FactSet include other financial data providers such as Bloomberg, Thomson Reuters, and S&P Global Market Intelligence. Additionally, the rise of fintech companies and the increasing availability of free or low-cost financial data sources could also pose a threat to FactSet's business model.
Who Are Some of the Competitors of FactSet?
Some of the competitors of FactSet include Bloomberg, Thomson Reuters, S&P Global Market Intelligence, and Refinitiv.
What Are Some of FactSet's Products and Services?
Some notable products and services from FactSet include financial data and analytics software, portfolio analysis tools, research management solutions, and market data feeds. They also offer consulting services and customized solutions for clients in the financial industry.
Has FactSet Acquired any Companies?
Yes, FactSet has made several notable acquisitions over the years. Some of these include:
1. Portware LLC - a leading provider of multi-asset trade automation solutions
2. Vermilion Software Limited - a global provider of client reporting and communications software
3. BISAM Technologies S.A. - a leading provider of portfolio performance and attribution, risk analytics, and reporting solutions
4. Revere Data LLC - a provider of industry classification and supply chain data
5. StreetAccount LLC - a provider of real-time financial news and market intelligence.
More Companies