Factset Resh Sys Inc Stock Price, News & Analysis

FactSet (NYSE: FDS | NASDAQ: FDS) has announced the acquisition of LiquidityBook for $246.5 million in cash. LiquidityBook provides cloud-native trading solutions and operates a proprietary FIX network connecting over 200 brokers across 80 global markets.

The acquisition builds on a previous partnership that integrated LiquidityBook's order management system (OMS) into FactSet Workstation. This merger aims to enhance FactSet's ability to serve integrated workflow needs by combining LiquidityBook's modern order management, pre-trade compliance, and investment book of record (IBOR) capabilities with FactSet's existing solutions.

LiquidityBook, founded in 2005 and headquartered in New York with approximately 70 employees, offers a modular platform for multi-asset class portfolio management. The transaction closed on February 7, 2025, funded through FactSet's existing revolving credit facility, and is expected to be modestly dilutive to FactSet's fiscal 2025 GAAP and adjusted diluted EPS.

FactSet (NYSE: FDS | NASDAQ: FDS), a global financial digital platform and enterprise solutions provider, has announced that its Board of Directors has approved a regular quarterly cash dividend of $1.04 per share. The dividend will be paid on March 20, 2025, to shareholders of record at the close of business on February 28, 2025.

FactSet has launched Pitch Creator, a GenAI-powered solution designed to revolutionize pitchbook creation for investment banks. The tool aims to reduce hours of manual work into minutes by automating model analysis and presentation building tasks.

The solution integrates with FactSet Mercury, the company's AI chatbot, and features several key capabilities: Search Intelligence for research across StreetAccount news and SEC filings, Chart Creator for generating dynamic graphs, Slide Assistant for building branded slides, Tombstone Generator for creating deal slides, and Template Assistant with over 200 pre-built Excel templates.

The tool specifically targets junior bankers who typically work 80-100 hours weekly, aiming to improve their work-life balance and allow them to focus on strategic functions that drive revenue. The solution integrates with Microsoft Office and enables secure model refresh tasks through FactSet servers.

FactSet (NYSE:FDS) reported strong Q1 fiscal 2025 results with GAAP revenues increasing 4.9% to $568.7 million. The company's organic revenues grew 4.7% year over year to $567.7 million, driven by growth in wealth, asset owners and institutional asset managers.

Key financial metrics include: GAAP operating margin of 33.6% (down 120 bps YoY), adjusted operating margin of 37.6% (flat YoY), and GAAP diluted EPS of $3.89 (up 1.3% YoY). The company's Annual Subscription Value (ASV) reached $2,265.9 million, with organic ASV growing 4.5% YoY. Free cash flow decreased 56.4% to $60.5 million, primarily due to lower operating cash flow and increased capital expenditures.

FactSet (NYSE: FDS | NASDAQ: FDS) has appointed Barak Eilam to its Board of Directors and Compensation and Talent Committee. Eilam, the outgoing CEO of NICE, brings nearly 30 years of enterprise software experience. During his CEO tenure at NICE (2014-2024), he achieved remarkable results:

• Tripled revenue to nearly $3 billion
• Grew cloud revenue from almost zero to $2 billion
• More than quadrupled earnings per share

Eilam's 25-year career at NICE included various senior executive positions in engineering, product management, and sales leadership. He currently serves on the boards of HMH and SimilarWeb, and holds a Bachelor of Science in Electrical Engineering from Tel Aviv University.

Mosaic, a Digital Deal Modeling platform, has announced its integration with FactSet (FDS) to enhance public-to-private deal modeling capabilities. The integration allows mutual customers to automatically populate Mosaic's deal modeling engine with FactSet's financial data, including fundamental financials, consensus estimates, and real-time market pricing.

The collaboration enables private equity firms and investment banks to conduct complex take-private analysis in under one minute, significantly reducing the time traditionally required for spreadsheet-based workflows. Users can now focus on high-impact assumptions around deal forecasting, capitalization, and exit strategies while benefiting from automated data collection.

FactSet and J.P. Morgan Securities Services have announced a strategic collaboration to integrate FactSet's performance, reporting, and portfolio analytics solutions with J.P. Morgan's Fusion data management platform. The joint initiative aims to provide asset managers and asset owners with comprehensive data management and portfolio analytics capabilities.

The integration combines Accounting and Investment Book of Records with around-the-clock governance and oversight tools, delivering high-quality returns, attribution, and ex-post risk statistics through structured reporting and modern data distribution. The collaboration offers clients reduced total cost of ownership and flexibility in outsourcing or insourcing portfolio analytics needs.

FactSet (NYSE: FDS | NASDAQ: FDS) has appointed Christopher McLoughlin as Executive Vice President, Chief Legal Officer (CLO), effective December 2, 2024. McLoughlin will oversee FactSet’s global legal, compliance, risk, government, and regulatory affairs functions, reporting directly to CEO Phil Snow. He brings over 20 years of legal experience, including roles at S&P Global Market Intelligence and IHS Markit. McLoughlin holds a Bachelor of Laws from the University of Manchester and a Postgraduate Diploma in Legal Practice from Nottingham Law School. He will be based in FactSet’s London office. McLoughlin succeeds Megan Jones, who served as interim CLO.

FactSet announced its Intelligent Platform initiative, introducing conversational AI integration at the platform level. The system connects an enhanced FactSet Mercury, the company's conversational knowledge engine, to AI-powered solutions through a global assistant. The platform features agentic orchestration for auditable answers and actionable insights, alongside Enterprise AI Building Blocks for in-house client implementation.

Key upcoming solutions include Pitch Creator for Bankers, Portfolio Commentary with expanded features, and IRN 2.0 for research management, all launching in early 2025. The initiative aims to enhance productivity and decision-making for buy- and sell-side clients through streamlined workflows and improved data discoverability.