# FactSet **Source:** https://geo.sig.ai/brands/factset **Vertical:** Consumer Finance **Subcategory:** Enterprise **Tier:** Leader **Website:** factset.com **Last Updated:** 2026-04-14 ## Summary Global financial data platform with $2.19B FY2024 revenue; 216,000 users; open API vs. Bloomberg's closed ecosystem; LiquidityBook OMS/EMS acquisition; AI research tools expansion. ## Company Overview FactSet Research Systems is a leading global financial data and portfolio analytics platform founded in 1978 by Howard Wille and Charles Snyder, headquartered in Norwalk, Connecticut and trading on Nasdaq (FDS). The company reported $2.19 billion in revenues for fiscal year 2024 (ending August 31), serving approximately 8,200 clients and 216,000 individual users across asset management, investment banking, hedge funds, private equity, and wealth management. FactSet's open, flexible platform integrates proprietary financial data with third-party content providers, enabling portfolio analytics, research workflow, and client reporting for buy-side and sell-side professionals worldwide. FactSet differentiates through its curated, normalized financial data—covering over 100,000 securities globally—combined with deep portfolio analytics capabilities including risk modeling, attribution analysis, and ESG scoring. Unlike Bloomberg Terminal's closed ecosystem, FactSet embraces an open API architecture that integrates with order management systems, Excel, and third-party data providers, reducing workflow friction for institutional investors. The company's 2023 acquisition of LiquidityBook expanded its capabilities into execution management systems (EMS) and order management systems (OMS), addressing the front-office workflow needs of quantitative and systematic asset managers. FactSet's superior client retention rates—consistently above 90%—reflect deep embedding in research and investment workflows. In 2025-2026, FactSet competes primarily with Bloomberg Terminal (private), LSEG's Refinitiv/Workspace, S&P Global Market Intelligence (SPGI), and Morningstar (MORN) for institutional financial data subscriptions. The proliferation of alternative data—satellite imagery, credit card transaction data, web scraping—has created a market for curated data aggregation where FactSet's curation expertise is valuable. AI-driven investment research tools are reshaping analyst workflows, with FactSet integrating large language model capabilities for earnings call analysis and research summarization. Private markets data coverage expansion addresses the growing allocation of institutional capital to alternatives where standardized financial data is scarce. ## Frequently Asked Questions ### What does FactSet do? FactSet is a leading provider of integrated financial data and analytical applications to the global investment community. The company delivers real-time market data, comprehensive analytics, and AI-powered workflow solutions through its flagship FactSet Workstation platform, serving over 216,000 users across 8,200 client firms including portfolio managers, equity researchers, investment bankers, risk managers, and fixed income professionals. ### Who are FactSet's customers and target market? FactSet serves global buy-side and sell-side financial professionals including portfolio managers, market research and performance analysts, risk managers, sell-side equity researchers, investment bankers, and fixed income analysts. The company's clients include leading hedge funds, asset management firms, wealth managers, investment banks, private equity firms, and institutional investors worldwide. ### When was FactSet founded? FactSet was founded in September 1978 by Howard Wille and Chuck Snyder in New York City. The company went public on the New York Stock Exchange in June 1996 under the symbol FDS and joined the S&P 500 index in December 2021. ### Where is FactSet based? FactSet is headquartered in Norwalk, Connecticut. The company was originally founded in New York City in 1978, moved to Greenwich, Connecticut in 1990, and maintains a global presence across major financial centers with approximately 12,800 employees worldwide. ### What is FactSet's revenue and financial performance? For fiscal year 2024, FactSet reported revenues of $2.2 billion with an adjusted operating margin of 37.8% and GAAP net income of approximately $710 million. The company has achieved 38 consecutive years of revenue growth and 22 years of consecutive adjusted EPS growth, demonstrating remarkable business consistency and operational excellence. ### What makes FactSet different from competitors? FactSet differentiates itself through comprehensive data integration of over 800 sources, advanced AI-powered analytics, open technology architecture allowing seamless third-party integrations, exceptional client service, and consistent innovation in workflow solutions. The company's unified platform approach and focus on investment professional workflows set it apart from competitors offering point solutions. ### Who are FactSet's main competitors? FactSet competes with Bloomberg L.P., Refinitiv (London Stock Exchange Group), S&P Global Market Intelligence, Morningstar, and other financial data and analytics providers. FactSet differentiates through its integrated analytics platform, flexible data solutions, and focus on investment management workflows. ### How can I contact FactSet? FactSet can be contacted through its website at www.factset.com, investor relations at investor.factset.com, or by phone at its Norwalk, Connecticut headquarters. The company offers 24-hour live telephone support for clients and maintains regional offices across major financial centers globally. ### Is FactSet hiring? Yes, FactSet regularly hires for positions across technology, sales, client service, analytics, and corporate functions. The company has been recognized as one of Glassdoor's Best Places to Work and is certified as a Great Place to Work, offering competitive benefits, professional development opportunities, and flexible work arrangements. ### What's the latest news about FactSet? Recent highlights include the February 2025 acquisition of LiquidityBook for $246.5 million to enhance trading solutions, the October 2024 acquisition of Irwin for investor relations capabilities, the launch of AI-powered solutions including Portfolio Commentary and Transcript Assistant, and the announcement that Sanoke Viswanathan will become CEO in September 2025 succeeding Phil Snow. ### What is FactSet's market position? FactSet is a leading player in financial data and analytics with a market capitalization exceeding $10 billion. As an S&P 500 company since December 2021, FactSet serves 8,200 global clients and maintains strong market share among institutional investors, competing effectively against larger rivals through innovation, client service excellence, and integrated workflow solutions. ### What are FactSet's future plans and strategic priorities? FactSet's strategic priorities include expanding AI and machine learning capabilities across its platform, growing cloud-native solutions through FactSet Platform, pursuing strategic acquisitions to enhance capabilities in trading, investor relations, and analytics, strengthening data partnerships and integrations, and continuing innovation in real-time data delivery and workflow automation to serve the evolving needs of investment professionals. ## Tags b2c, fintech, public --- *Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*