FactSet Research Systems

FactSet Research Systems is a financial data and software company headquartered in Norwalk, Connecticut. The company was founded in 1978 and provides financial data and analytics to investment professionals, including portfolio managers, analysts, and investment bankers.
The company's primary product is the FactSet platform, which offers access to financial information and analytics on companies, industries, and markets, as well as tools for financial analysis, portfolio management, and trading. The platform also includes news and market data from various sources and integrates with other financial software systems.
FactSet also provides consulting and integration services to help clients optimize their use of the platform and other financial systems. They serve clients in the investment management industry, including asset managers, hedge funds, and banks, as well as corporations, government agencies, and universities.
In addition to their headquarters in Norwalk, FactSet has offices in major financial centers around the world, including New York, London, Hong Kong, and Tokyo. The company has a global team of over 10,000 employees.
FactSet was ranked #44 on the Forbes list of America's Best Midsize Employers in 2021. They have also been recognized for their workplace culture and diversity and inclusion initiatives, including being named one of the Best Workplaces for Diversity by Fortune in 2020.

1. Pioneering company in financial data and analytics: FactSet was founded in 1978 and has been a leader in providing financial data and analytics to investment professionals for over 40 years. They were one of the first companies to offer a comprehensive database of financial information, paving the way for other data providers in the industry.
2. Global presence: FactSet has a global presence with operations in over 35 countries and serves clients in more than 125 countries. This allows them to provide local expertise and insights to clients around the world.
3. Diverse client base: FactSet serves a diverse client base including investment banks, asset managers, hedge funds, private equity firms, and corporations. This broad client reach gives the company a deep understanding of the financial industry and its needs.
4. Continuous innovation: FactSet is committed to continuous innovation and has a dedicated research and development team that works on developing new products and features to meet the evolving needs of the financial industry.
5. Comprehensive and reliable data: FactSet offers a wide range of data, analytics, and tools that cover all aspects of the investment process. Their data is collected from over 120 different sources and is regularly updated and verified for accuracy.
6. User-friendly interface and customizable solutions: FactSet's platform is user-friendly and offers customizable solutions that can be tailored to the specific needs of each client.
7. Strong analytics capabilities: FactSet offers powerful analytics capabilities, including financial models, portfolio analysis, and risk management tools. Their analytics capabilities help clients make data-driven investment decisions.
8. Strong brand reputation: FactSet has a strong brand reputation and is widely recognized as a trusted and reliable provider of financial data and analytics. This has helped them build long-term relationships with clients and establish themselves as a leader in the industry.
9. Commitment to corporate responsibility: FactSet is committed to sustainability, diversity, and corporate responsibility. They have implemented programs and policies to support social and environmental causes and promote diversity and inclusion within their company.
10. Experienced management team: FactSet has a highly experienced management team that brings decades of experience in the financial industry. They have a deep understanding of the market and are well-equipped to lead the company towards continued growth and success.

FactSet Research Systems is a financial data and analytics company that focuses on providing data, analytics, and research solutions to financial professionals. Their business model is based on three main pillars: content, technology, and services.
1. Content:
FactSet offers a comprehensive database of financial information from over 670 sources, including real-time market data, company financials, news, and industry reports. This content is curated and updated by their team of analysts, ensuring accuracy and relevance for their clients.
2. Technology:
FactSet's research platform is a key component of their business model. The platform, called FactSet Workstation, provides access to their financial data, analytics tools, and industry-leading research reports. This technology enables clients to analyze and visualize data to make informed investment decisions.
3. Services:
FactSet also offers a range of consulting and support services to help clients maximize the value of their data and technology. These services include training, implementation, and customization to meet the specific needs of their clients.
Overall, FactSet's business model relies on providing high-quality financial data, innovative technology, and personalized services to the financial industry. By continuously updating and improving their content, technology, and services, they aim to maintain their position as a leader in the financial data and analytics industry.

1. FactSet Research Systems, Inc. was founded in 1978 by Howard Wille and Charles Snyder in Norwalk, Connecticut.
2. The company’s first product was a software package called CompuStat, which provided financial information from publicly traded companies.
3. The name FactSet is a combination of fact and set, referencing the company’s focus on providing accurate and comprehensive data sets.
4. In the beginning, FactSet’s target market was the financial services industry, specifically investment research firms and financial institutions.
5. Today, FactSet serves a variety of clients including investment managers, banks, hedge funds, private equity firms, and corporations.
6. FactSet has a global presence with offices in North America, Europe, Asia-Pacific, and the Middle East.
7. The company has been consistently recognized as a top employer, ranked on Forbes’ list of America’s Best Employers and Fortune’s 100 Best Companies to Work For.
8. FactSet has a strong commitment to sustainability and has been recognized for its efforts in environmental, social, and governance (ESG) initiatives. The company has received a perfect score on the Human Rights Campaign Corporate Equality Index for five consecutive years.
9. In addition to its data and analytics services, FactSet also offers a suite of software applications for portfolio management, trading, risk management, and wealth management.
10. FactSet has made several strategic acquisitions over the years, including the acquisition of Market Metrics, a data and research provider for asset managers, in 2018.
11. In 1996, FactSet became a publicly traded company and is listed on the New York Stock Exchange under the ticker symbol FDS.
12. The company has consistently shown growth and profitability, with revenue increasing from $139 million in 2000 to over $1.5 billion in 2020.
13. FactSet has received numerous awards and accolades, including being named to Fortune’s Future 50 list of the fastest-growing companies in 2019 and Forbes’ World’s Best Employers list in 2021.
14. FactSet’s CEO, Phil Hadley, has been with the company since 1980 and has been instrumental in its growth and success.
15. In 2020, FactSet launched its COVID-19 Data and Visualization Hub, providing real-time data and insights on the impact of the pandemic on global markets and economies.
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