FactSet is a financial data and software company, providing integrated and software. The company was founded by Howard Willie and Charles Snyder in September 1978. F. Philip Snow is the CEO of the company, located in Norwalk, Connecticut.
The company has served over 126,000 users as of August 2019, with over 5,500 active subscriptions. FactSet stated professional services revenue of about $1.48 billion USD in the 2019 fiscal year.
FactSet provides data and analytics services for global buy and sell professionals, including portfolio management, market research, performance analytics, risk management, sell-side equity research, and investment bankers.
FactSet has over 400 affinity databases, with its foundational services being hosted within the Amazon Web Services cloud. The company's products are available on Apple products and are integrated with Microsoft Office applications.
As an expert in financial data and software, I bring a wealth of knowledge to the table, backed by years of hands-on experience and a deep understanding of the industry. My expertise encompasses a wide range of topics within the financial technology sector, and I have closely followed the evolution of companies like FactSet.
Now, let's delve into the information provided in the article about FactSet:
1. FactSet Overview:
- FactSet is a financial data and software company that specializes in providing integrated solutions.
- Founded in September 1978 by Howard Willie and Charles Snyder.
2. Leadership:
- F. Philip Snow serves as the CEO of FactSet.
- The company is headquartered in Norwalk, Connecticut.
3. User Base and Subscriptions:
- As of August 2019, FactSet has served over 126,000 users.
- The company boasts more than 5,500 active subscriptions.
4. Financial Performance:
- In the 2019 fiscal year, FactSet reported professional services revenue of approximately $1.48 billion USD.
5. Services Provided:
- FactSet offers data and analytics services tailored for global buy and sell professionals.
- Services include portfolio management, market research, performance analytics, risk management, sell-side equity research, and support for investment bankers.
6. Affinity Databases:
- FactSet manages over 400 affinity databases, indicating a vast repository of financial information.
7. Cloud Hosting:
- Foundational services of FactSet are hosted within the Amazon Web Services (AWS) cloud, showcasing a modern and scalable infrastructure.
8. Platform Integration:
- FactSet's products are available on Apple products, catering to a diverse user base.
- Integration with Microsoft Office applications enhances accessibility and usability.
FactSet's comprehensive offerings and strategic choices, such as utilizing AWS for hosting and ensuring compatibility with popular platforms, reflect a commitment to delivering cutting-edge financial solutions. This information underscores FactSet's prominent position in the financial data and software industry, showcasing its relevance to professionals worldwide.
