FactSet Research Systems Stocks


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FACTSET RESEARCH SYSTEMS (FDS) Stocks

ABOUT FACTSET RESEARCH SYSTEMS

? FactSet Research Systems Inc. (FactSet), a financial data and software company, was founded in 1978 and has its headquarters in Norwalk, Connecticut in the United States. The company offers financial and analytic software and solutions for investment professionals. It does not, however, serve individual investors.

? The company was founded through a partnership between Howard Wille and Chuck Snyder who began working together on Wall Street in 1977. The two noticed the rapid changes in the computer industry towards the latter half of the 70s, and decided to start a company that could offer computer-based financial information directly to the client. The company’s first product was Company FactSet that offered a four-page company analysis report via the Value Line database. Today, FactSet users can connect directly to the company’s private network through WAN, Internet and wireless devices.

? Today, the company employs approximately 9 500 people across its operations.

? FactSet, a financial data and software company, was founded in 1978 and has its headquarters in Norwalk, Connecticut in the United States.

? The company offers financial and analytic software and solutions for investment professionals. It does not, however, serve individual investors.

? The company was founded through a partnership between Howard Wille and Chuck Snyder who began working together on Wall Street in 1977. The two noticed the rapid changes in the computer industry towards the latter half of the 70s, and decided to start a company that could offer computer-based financial information directly to the client.

? The company’s first product was Company FactSet that offered a four-page company analysis report via the Value Line database. Today, FactSet users can connect directly to the company’s private network through WAN, Internet and wireless devices.

? Today, the company employs approximately 9 500 people across its operations.

HISTORY OF FACTSET RESEARCH SYSTEMS

  • FactSet Research Systems Inc. offers global financial and economic information and analytics that combine more than 200 databases into a single source. These analytics cover stock markets, company data, government information, research and proprietary material.
  • The company delivers information and analytics online from mainframe computers to the laptops of a select portfolio of 1 400 institutional subscribers who can afford this expensive service. These subscribers include investment managers, wealth managers, law firms, investment bankers and corporations.
  • The company also offers tools and training that enable clients to manipulate data for analysis and reports. Only 10 % of the business is content, but the company has acquired several niche content providers over the past few years in an effort to expand beyond its delivery model. These acquisitions have elevated FactSet from a financial data integrator to a solution provider.
  • The company’s software platform, FactSet, comprises real-time news and quotes, company and portfolio analysis, multi-company comparisons, company screening, industry analysis, predictive risk measurements and portfolio optimizations and simulations. It also provides alpha-testing and tools to analyse securities and portfolios.

VISION & VALUES OF FACTSET RESEARCH SYSTEMS

  • FactSet Research Systems believes in staying connected to each other and its clients, no matter how successful the company becomes. Its employees are unified by the FactSet spirit of going above and beyond the call of duty.
  • The company believes in open communication and constantly learns from its successes and failures. It takes accountability for its actions and look ahead to advance the future of the industry. The company relentlessly seeks value for its clients as well as for shareholders who purchase company shares, as their success determines the company’s future.

MARKET PERFORMANCE OF FACTSET RESEARCH SYSTEMS

  • FactSet Research Systems Inc. trades on the New York Stock Exchange (NYSE) under the stock symbol “FDS”.
  • The company is an S&P 400 component.
  • For the third quarter fiscal 2019, FactSet recorded revenue of US$ 364.5 million, a 7.2% increase of the same period in fiscal 2018. Organic revenues also increased by 7.3% to US$ 366.3 million. This solid performance affords shareholders the confidence to buy or sell company shares in the expectation of solid dividends and returns.