Factset Business Overview

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Date Submitted: 04/25/2011 09:14 PM

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FactSet Research Systems Inc. offers instant access to accurate financial data and analytics to thousands of investment professionals around the world. It is a leading provider of full-service integrated financial data and analytics information service in computer science industry. It was founded in 1978, headquartered in Norwalk, Connecticut. FactSet offers services in 24 locations across 10 countries. For fiscal year 2010, FactSet’s annual sales were $641 million, which has increased 3.1% from the previous year. Fiscal 2010 was the Company’s 32nd year of operation, its 32nd consecutive year of revenue growth and its 15th consecutive year of positive earnings growth as a public company. The stock symbol for the business is FDS, which is dual listed on the New York Stock Exchange and NASDAQ [ (About FactSet) ]. Currently, the stock price for FactSet is traded about $103.30 per share in NYSE.

FaceSet’s business focuses on technology and client service. In addition to combining several hundred disparate databases, the company develops and refines its software. On September 14, 2009, FactSet launched a new analytics platform, combining functionality from its DIRECTIONS, Marquee, and IBCentral systems [ (FactSet Research Systems Inc. (FDS)) ]. The new FactSet consolidates data and analytics, previously spread across multiple applications, onto one interface. It combines commercial databases, including content regarding companies and securities from various markets into a single online platform of information and analytics [ (FactSet Research Systems Inc. (FDS)) ].

FactSet has been listed as one of Forbes’ "200 Best Small Companies" for 13 consecutive years. In 2009, FactSet's rank on the list jumped 30 spots to #28. In addition, Forbes listed FactSet as 20th on its list of "The 100 Best Mid-Cap Stocks in America" in 2009 (The 200 Best Small Companies: #28 FactSet Research Systems). In 2011, FactSet was named to the "100 Best Companies To Work For" by Fortune...