FactSet Research Systems Inc. Common Stock (FDS)

Frequently Asked Questions About FactSet Research Systems Inc. Common Stock (FDS)

How does FactSet approach sustainability and corporate responsibility?

FactSet is committed to corporate social responsibility and sustainability, striving to make a positive impact on communities, the environment, and its stakeholders. The company actively promotes ethical business practices, emphasizes diversity and inclusion within its workforce, and engages in community initiatives. FactSet also recognizes the importance of sustainable practices and works to reduce its environmental footprint through various sustainability initiatives.

How does FactSet ensure data accuracy?

FactSet places a strong emphasis on data accuracy by employing rigorous quality control processes. The company has a dedicated team of analysts who meticulously source, validate, and update financial data from various providers. Additionally, FactSet utilizes advanced technology and analytical tools to monitor and maintain the integrity of its data, ensuring that clients receive reliable and precise information.

How does FactSet measure its performance?

FactSet measures its performance through a variety of financial metrics, including revenue growth, profitability, and client retention rates. The company regularly reviews its financial results to assess performance against strategic objectives and make necessary adjustments. Additionally, FactSet seeks feedback from clients to gauge satisfaction and identify areas for improvement.

How does FactSet support its clients?

FactSet provides robust client support through a combination of training, personalized consultation, and customer service. The company employs a team of experts who work closely with clients to ensure they understand how to effectively utilize FactSet's tools and data solutions. Additionally, FactSet offers comprehensive training programs and resources to help clients maximize the value of their services.

How has COVID-19 impacted FactSet's business?

The COVID-19 pandemic has influenced FactSet's business in several ways. Initially, there was increased demand for its data and analytics as financial professionals needed to assess market volatility and risk. The company swiftly adapted its operations to remote work while ensuring continued support for clients. As the market recovered, FactSet focused on expanding its digital tools and analytics capabilities to meet evolving client needs.

Is FactSet publicly traded?

Yes, FactSet Research Systems Inc. is publicly traded on the New York Stock Exchange under the ticker symbol 'FDS.' Being listed as a publicly traded company allows FactSet to access capital for growth, while also enhancing its visibility and reputation in the financial services industry.

What are FactSet's long-term goals?

FactSet aims to solidify its position as a leading provider of financial data and analytics by focusing on client satisfaction, innovation, and market expansion. The company seeks to continually enhance its product offerings and invest in new technology to drive efficiency and improve client outcomes. Long-term, FactSet aspires to expand its global footprint and diversify its services to cater to a broader range of clients.

What are the key trends influencing FactSet's business operations?

Key trends influencing FactSet's operations include an increasing demand for data-driven insights, the rise of machine learning and artificial intelligence in finance, and the growing emphasis on ESG (environmental, social, and governance) factors in investment decisions. Additionally, the rapid advancement of technology and shifting regulatory landscapes are shaping how FactSet develops and delivers its products and services.

What does FactSet Research Systems Inc. do?

FactSet Research Systems Inc. is a leading provider of financial data and analytical applications for investment professionals. The company offers a comprehensive suite of services including analytics, portfolio management, risk analysis, and market data solutions. FactSet's platform integrates a vast array of financial information, allowing clients to make informed investment decisions and streamline business operations.

What financial performance metrics are critical for investors to consider regarding FactSet?

Investors should consider several key financial performance metrics for FactSet, including revenue growth, earnings per share (EPS), operating margin, and client retention rates. Additionally, metrics such as free cash flow and return on equity (ROE) provide insights into the company's financial health and efficiency. Monitoring these metrics can help investors gauge FactSet's overall performance and sustainability as a long-term investment.

What future challenges might FactSet face?

As the financial landscape continues to evolve, FactSet may face challenges such as increased competition from other data analytics firms, the necessity to keep pace with technological advancements, and ever-changing regulatory requirements in different regions. Additionally, catering to a diverse and rapidly changing client base while maintaining data quality and security will be crucial challenges for the company moving forward.

What industries does FactSet serve?

FactSet serves a diverse range of industries, primarily focusing on the financial services sector. Its clients include investment management, investment banking, private equity, and corporate finance professionals. However, FactSet's data and analytics capabilities can also be beneficial for professionals in related fields, such as academia and corporate strategic planning.

What is the key competitive advantage of FactSet?

One of FactSet's key competitive advantages is its robust, integrated platform that combines extensive financial data with powerful analytics. This seamless access to diverse datasets allows clients to perform thorough analyses and achieve deeper insights. Moreover, FactSet's commitment to client service and customization enhances the user experience, setting them apart from competitors in the financial information industry.

What is the significance of FactSet’s relationships with third-party data providers?

FactSet's relationships with third-party data providers are crucial for delivering comprehensive and up-to-date financial data to its clients. By partnering with a wide range of data suppliers, FactSet can offer a more extensive and diverse dataset, which is essential for accurate analysis and informed decision-making. This strategy allows FactSet to differentiate itself and meet the unique requirements of its clientele.

What recent initiatives has FactSet undertaken?

Recently, FactSet has focused on enhancing its technological capabilities by investing in AI and machine learning to improve data analysis and processing. The company has also expanded its product offerings to include more tailored solutions for specific sectors and client needs, and has undertaken strategic partnerships and acquisitions to enhance its data ecosystem.

What role does innovation play at FactSet?

Innovation is central to FactSet's operations and growth strategy. The company continually invests in research and development to enhance its product offerings and incorporate the latest technological advancements. This focus on innovation helps FactSet remain competitive and responsive to market changes, as well as to the evolving needs of its clients.

What type of products does FactSet offer?

FactSet offers a wide range of products and services designed to meet the needs of financial professionals. These include data feeds, portfolio management tools, risk management solutions, and market analytics. Their flagship product, the FactSet workstation, provides clients with access to extensive financial data, research, and analytics customized for their specific requirements.

When was FactSet founded?

FactSet was founded in 1978 by Howard Wille and a group of other partners. The company began as a financial data vendor, providing information to market professionals. Over the decades, FactSet has grown significantly, expanding its product offerings and client base, while maintaining its commitment to delivering high-quality financial information and tools.

Where is FactSet headquartered?

FactSet is headquartered in Norwalk, Connecticut, USA. The company's central location in the financial hub of the Northeast allows it to better serve its global clients, which include investment banks, asset managers, hedge funds, and private equity firms. Additionally, FactSet maintains offices in various major financial centers worldwide.

Who are FactSet's primary clients?

FactSet's primary clients are investment professionals, including asset managers, investment banks, hedge funds, private equity firms, and corporate treasurers. The company serves thousands of clients globally, providing them with the critical financial data and analytical tools necessary for investment decision-making and risk management.

What is the current price of FactSet Research Systems Inc. Common Stock?

The current price of FactSet Research Systems Inc. Common Stock is 451.72

When was FactSet Research Systems Inc. Common Stock last traded?

The last trade of FactSet Research Systems Inc. Common Stock was at 4:10 pm EDT on April 2nd, 2025

What is the market capitalization of FactSet Research Systems Inc. Common Stock?

The market capitalization of FactSet Research Systems Inc. Common Stock is 17.07B

How many shares of FactSet Research Systems Inc. Common Stock are outstanding?

FactSet Research Systems Inc. Common Stock has 37.78M shares outstanding.