Company Overview

About FactSet

FactSet Details

Founded

1978

Revenue

$536M

Funding

$1B

Team Size

14K

What SIA Thinks

FactSet is a software that provides financial data and analytics to investment professionals. It's a tool designed for people who work in finance, like analysts and portfolio managers, to help them make better decisions. The software brings together data on companies, markets, and industries, offering a comprehensive overview that helps users understand and analyze financial information.

One of the key features of FactSet is its extensive database. It gathers information from a wide range of sources, making it a one-stop-shop for financial data. Users can access historical data, real-time market information, and financial statements, all in one place. This makes it easier to track performance, spot trends, and identify investment opportunities.

FactSet also offers tools for creating reports and visualizations. Users can build custom reports that fit their specific needs, whether they're looking at stock performance, market trends, or financial ratios. The software includes charts, graphs, and other visual tools to help present data in a clear and understandable way.

Another important aspect of FactSet is its integration capabilities. It can work alongside other tools and systems that finance professionals use, making it easier to incorporate FactSet data into their workflows. For example, it can be used with Excel to build financial models, or integrated with portfolio management systems for more seamless analysis.

Customer support is also a major part of FactSet's offering. They provide training and support to help users get the most out of the software, ensuring they can use its features effectively.

Overall, FactSet aims to provide a reliable, all-in-one solution for financial data and analysis, making it easier for investment professionals to do their jobs effectively.

Pros and Cons

Pros

  • Customizable reports
  • Comprehensive data
  • Strong research tools
  • User-friendly interface
  • Reliable customer service
  • User-friendly interface
  • Data accuracy
  • Regular updates
  • Time-saving features
  • Wide data coverage

Cons

  • Complex licensing
  • High cost
  • Limited integration
  • Steep learning curve
  • Occasional slow updates
  • Frequent updates
  • Complex setup
  • Limited customer support
  • High cost
  • Steep learning curve

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