FactSet Research Systems Inc - Company Profile

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FactSet Research Systems Inc: Segment Analysis

Business Description

FactSet Research Systems Inc (FactSet) is a global financial digital platform and enterprise solutions provider. The company provides analytics, content, service, and technology solutions for investment community. It offers solutions to portfolio managers, risk managers, quantitative analysts, performance managers, financial advisors, buy-side traders, investment bankers, and university professors and students. The company operates its business through three reportable segments: the Americas, EMEA and Asia Pacific. Moreover, as of August 31, 2023, FactSet had 8,000 clients comprised of nearly 190,000 investment professionals, including asset managers, bankers, wealth managers, asset owners, partners, hedge funds, corporate users and private equity and venture capital professionals. The company offers data, products and analytical applications for three workflow solutions: Research & Advisory; Analytics & Trading; and CTS.

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R&D Overview

FactSet focuses its R&D on the development of new products and process innovations and enhance existing products. In FY2023, the company spent US$267.4 million on R&D, which as a percentage of revenue, stood at 12.8% and grew 4.7% YoY.




Geographical Segments

Target Markets

North, Central, South America, Norwalk, Connecticut, Brazil, Canada

Performance

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Target Markets

Australia, China, India, Japan, Hong Kong Special Administrative Region ("SAR") of China, the Philippines and Singapore

Performance

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Target Markets

Bulgaria, United Arab Emirates, England, France, Germany, Italy, Latvia, Luxembourg, the Netherlands and Sweden.

Performance

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