Welcome to our dedicated page for Factset Research Systems news (Ticker: FDS), a resource for investors and traders seeking the latest updates and insights on Factset Research Systems stock.
FactSet Research Systems (NYSE: FDS | NASDAQ: FDS) is a global leader in providing financial data, analytics, and enterprise solutions to investment management and investment banking professionals worldwide. With a focus on technological innovation and client service, FactSet delivers instant access to comprehensive financial data and sophisticated analytic tools to thousands of analysts, portfolio managers, and investment bankers at the world’s leading financial institutions.
Founded on a commitment to creatively leveraging technology, FactSet continually evolves its software to stay ahead of industry demands. Their suite of tools enables users to conduct high-level investment research, supported by unparalleled client service through individual consultant contacts and 24-hour personal support. Recognized among Fortune's '100 Best Companies to Work For,' FactSet also integrates a strong culture of employee satisfaction and growth.
FactSet's core business revolves around aggregating data from third-party suppliers, news sources, exchanges, and brokerages into its robust workstation platform. This platform is essential for providing portfolio analytics and addressing reporting requirements for their extensive client base, with buy-side clients making up 82% of FactSet's annual subscription value.
The company has made significant acquisitions to broaden its capabilities, including Portware in 2015, BISAM in 2017, and CUSIP Global Services in 2022. These strategic acquisitions have enhanced FactSet's offerings in trade execution, risk management, and performance measurement, solidifying its position as a comprehensive solution provider.
FactSet recently launched its first interactive GenAI product, the Transcript Assistant, within its workstation. This tool leverages generative AI to help users efficiently search, analyze, and extract actionable insights from transcripts, thus enhancing the investment research process. FactSet continues to push the envelope in AI and machine learning to improve decision-making and drive productivity for its clients.
Financially, FactSet remains strong, with consistent revenue growth and strategic investments in technology. The company’s commitment to innovation and client service ensures that it remains a vital partner to the global investment community.
For more information, visit www.factset.com and follow FactSet on Twitter and LinkedIn.
Aidentified has announced a $12.5 million Series B funding round led by FactSet, a renowned provider of financial data and analytics. The AI-powered prospecting and relationship intelligence platform aims to leverage this investment to enhance its technology and expand its workforce. Aidentified serves professionals in financial services, providing tools to identify, qualify, and convert new clients. With a vast dataset mapping billions of connections, Aidentified's platform enables strategic prospecting powered by AI. The funding will support continued growth and client adoption, as highlighted by executives from both Aidentified and FactSet.
FactSet (NYSE: FDS | NASDAQ: FDS) will announce its Q3 2024 financial and operating results on June 21, 2024. The results cover the fiscal period ending May 31, 2024. A conference call to discuss these results will be held at 11:00 a.m. Eastern Time on the same day. Investors can register for the call using the provided link, which will give them dial-in numbers and a unique access pin. The call will include a live Q&A session, and presentation slides will be available on FactSet's investor relations website 30 minutes prior to the call. A replay of the call will be available from 1:00 p.m. Eastern Time on June 21, 2024, through June 21, 2025.
FactSet announced that Linda Huber, CFO, will participate in a fireside chat at the Barclays Americas Select Franchise Conference in London. Investors can register for the event and access a replay on FactSet's investor relations website.
FactSet, a global financial digital platform and enterprise solutions provider, announced a 6% increase in its regular quarterly cash dividend from $0.98 to $1.04 per share. This marks the twenty-fifth consecutive year of dividend increases, showcasing the company's dedication to shareholder value. The dividend will be paid on June 20, 2024, to shareholders of record as of May 31, 2024.
FactSet introduces Portfolio Commentary, an AI-powered solution enhancing performance attribution analysis for buy-side and wealth management professionals. It provides deep insights into relative performance, key company drivers, direct source-linking, and streamlined stakeholder communication, significantly improving efficiency and decision-making.
FAQ
What is the current stock price of Factset Research Systems (FDS)?
What is the market cap of Factset Research Systems (FDS)?
What does FactSet Research Systems do?
Who are FactSet's primary clients?
What are some key acquisitions FactSet has made?
What is FactSet's Transcript Assistant?
How does FactSet support its clients?
What makes FactSet a great place to work?
Where is FactSet headquartered?
What are some recent innovations by FactSet?
How does FactSet ensure data quality and accuracy?
What industries does FactSet serve?
