Factset Research Systems Inc (NYSE: FDS)

Factset Research Systems Inc is a global financial digital platform and enterprise solutions provider that delivers financial intelligence to investment professionals worldwide. The company operates in the financial information services industry, offering expansive data, sophisticated analytics, and flexible, artificial intelligence-powered technologies. Factset generates revenue primarily through subscriptions to its multi-asset class data and solutions, which are powered by its connected data and technology platform. The company's products and services include workstations, portfolio analytics, and enterprise data solutions, as well as managed services that support data, performance, risk, and reporting workflows. Factset's customer base comprises over 237,000 investment professionals, including institutional asset managers, bankers, wealth managers, asset owners, partners, hedge funds, corporate users, and private equity and venture capital professionals.

• Americas: This segment primarily serves clients in North, Central, and South America. Factset has offices in nine states in the United States, including its corporate headquarters in Norwalk, Connecticut, as well as data centers in two states and offices in Brazil and Canada. The Americas segment accounted for 65% of total revenues during fiscal 2025.

• EMEA: The EMEA segment caters to clients in Europe, the Middle East, and Africa through offices in Bulgaria, England, France, Germany, Italy, Latvia, Luxembourg, the Netherlands, Sweden, and the United Arab Emirates. This segment contributed 25% of total revenues during fiscal 2025.

• Asia Pacific: This segment serves clients in Asia and Australasia through offices in Australia, China, Hong Kong SAR, India, Japan, the Philippines, and Singapore. The Asia Pacific segment represented 10% of total revenues during fiscal 2025.

Factset operates in a highly competitive environment within the financial information services industry. Its key competitors include Bloomberg L.P., S&P's Market Intelligence division, and London Stock Exchange Group's Data & Analytics division. Factset's competitive advantages lie in its ability to provide comprehensive solutions with a broad set of products delivered through desktop or mobile user interfaces, cloud-based platforms, or standardized or bespoke data feeds, as well as APIs. The company's applications, client support, and service offerings are deeply entrenched in the workflows of many financial professionals, given the data management, portfolio analysis, and screening capabilities offered. Factset is entrusted with significant amounts of its clients' proprietary data, including portfolio holdings, which positions it as a central player in investment analysis, decision-making, and operations.

Factset's customer base is diverse and includes institutional asset managers, wealth managers, asset owners, partners, hedge funds, corporate users, and private equity and venture capital professionals. The company's solutions are designed to cater to the specific needs of these clients, providing them with the tools necessary to research investment ideas, analyze, monitor, and manage their portfolios. Factset's expansive data, sophisticated analytics, and flexible technology offerings are tailored to support the critical investment workflows of its clients, ensuring that it remains a key partner in the financial services ecosystem.