FactSet Research Systems Net Worth is$806 M Sales
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Type: Public
Traded As: FDS, FDS
Foundation: 1978
Founder: Howard Wille and Charles Snyder
Location: Norwalk, Connecticut, United States
Locations: 26, in 12 countries
Key People: Phillip Hadley (CEO)
Industry: Computer Services
Revenue: operating income
Net Income: assets
Equity: owner
Num Employees: Approx. 5,000
Homepage: {{url/factset.com
FactSet Research Systems Inc. is a multinational financial data and software company headquartered in Norwalk, CT, United States. The company provides financial information and analytic software for investment professionals. For fiscal year 2011, FactSet's annual sales were $727 million.
FactSet offers access to data and analytics to analysts, portfolio managers, and investment bankers at global financial institutions. The company does not offer products for individual investors. FactSet's business focuses on technology and client service. In addition to combining disparate databases, the company also develops its software. FactSet provides clients with consultants, telephone support, and training.
FactSet has been listed as one of Forbesa?? "200 Best Small Companies". Its competitors include Bloomberg L.P., Thomson Reuters, and S&P Capital IQ.
FactSet was founded by Howard Wille and Charles Snyder in 1978. Their partnership began in 1977 when the two were working on Wall Street at Faulkner, Dawkins & Sullivan, a pioneer of institutional research.
As computers became more prominent at the end of the 1970s, Wille and Snyder knew that the industry was changing. When Shearson purchased Faulkner, Dawkins and Sullivan and the company started to expand, Wille and Snyder decided to set out on their own and test their idea for a company that could deliver computer-based financial information. At the time, companies had to purchase raw data directly from a vendor such as Compustat, then hire programmers to make the data user-friendly. Wille and Snydera??s vision would offer usable data directly to the client.
Originally, all data was delivered to clients on paper, often by bike messenger. The first and namesake product was a program called "Company FactSet," which produced a four-page company analysis report using the Value Line database. Today, FactSet users connect to FactSeta??s private network via WAN, Internet, and wireless devices.
In the early 1980s,

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FactSet Research Systems Latest News

With risky bets back in play, stock selloff revives 'Volmageddon' memories

While many investors smarted, others kept coming and between March and September, more than $1.2 billion rolled into U.S.-based exchange-traded volatility products, according to Reuters calculations b...
Posted: October 12, 2018, 11:44 am

FactSet Research Systems Reaches Analyst Target Price

In recent trading, shares of FactSet Research Systems Inc. (Symbol: FDS) have crossed above the average analyst 12-month target price of $216.10, changing hands for $216.91/share. When a stock reaches ...
Posted: October 17, 2018, 4:36 am

KeyCorp reports strong C&I lending, profit growth

Net income for the $137.9 billion-asset KeyCorp increased 34% to $468 million. Earnings per share beat the mean estimate of analysts polled by FactSet Research Systems by 1 cent, coming in at 45 cents ...
Posted: October 18, 2018, 7:53 am
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