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FactSet Research Systems (FDS) provides a global financial digital platform and enterprise data and information solutions for buy-side, sell-side, wealth management, private equity and corporate clients. Company news commonly covers quarterly results, annual subscription value trends, margins, earnings guidance and dividend actions for its common stock.
Updates also track product and platform developments, including portfolio analytics, document search, AI-enabled workflow automation for banking, and collaborations that connect FactSet data, client datasets and third-party sources. Other recurring themes include technology leadership appointments, investments in financial-technology partners, and governance actions tied to the company's data, analytics and enterprise-solutions model.
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.
FactSet (NYSE: FDS | NASDAQ: FDS), a global financial digital platform and enterprise solutions provider, has announced it will release its first quarter fiscal 2025 financial and operating results on December 19, 2024. The company will host a conference call at 11:00 a.m. Eastern Time on the same day to discuss the results. The earnings presentation slides will be available on the investor relations website at 10:30 a.m. ET, with a replay accessible until December 19, 2025.
FactSet hosted its 2024 Investor Day, highlighting its strategic priorities and financial outlook. The company reaffirmed its fiscal 2025 guidance, projecting GAAP revenues of $2,285-2,305 million and GAAP operating margin of 32.5-33.5%. FactSet announced its medium-term outlook through fiscal 2028, targeting mid-to-high single-digit organic ASV growth and adjusted operating margin of 37-38%. The company emphasized its $40B+ total addressable market and its position as an enterprise partner, serving 95 of the top 100 asset managers and approximately 75% of the top 50 global investment banks.
FactSet (NYSE: FDS | NASDAQ: FDS), a global financial digital platform and enterprise solutions provider, has announced a quarterly cash dividend of $1.04 per share. The dividend will be distributed on December 19, 2024, to shareholders of record as of the close of business on November 29, 2024.
FactSet (NYSE: FDS | NASDAQ: FDS) announced the acquisition of Irwin, a Toronto-based investor relations and capital markets solution provider. The deal builds upon their existing partnership that integrates Irwin's IR CRM with FactSet Workstation. Founded in 2017, Irwin offers a modern investor relationship management platform combining intuitive design and workflow automation. The acquisition is expected to close during FactSet's first quarter fiscal 2025 and is not anticipated to materially impact FactSet's fiscal 2025 results. The integration aims to provide IR professionals with a unified solution for investor engagement, research, and corporate access.
CapIntel, a leading proposal generation and client engagement platform, has partnered with FactSet, a global financial digital platform provider, to enhance wealth management experiences. This integration allows advisors to create CapIntel's digital, compliant, and personalized proposals directly within the FactSet Workstation, streamlining workflow and user experience.
The collaboration aims to drive meaningful conversations and build investor trust by combining FactSet's analytics with CapIntel's engaging investment presentations. According to CapIntel's 2024 Investor Engagement Report, 65% of investors value personalized service from their advisors. This partnership addresses the need for personalized experiences at scale in the competitive wealth management landscape.
The integration is now available to advisors on the FactSet Workstation, offering a more accessible, transparent, and comprehensive way to create personalized client experiences.
FactSet, a global financial digital platform provider, announced that the Science Based Targets initiative (SBTi) has validated its near-term sustainability initiative to reduce greenhouse gas (GHG) emissions. This validation follows FactSet's 2022 commitment and confirms the company's goals are inline with SBTi's guidelines.
FactSet's commitments include:
- Reducing absolute scope 1 and 2 GHG emissions by 45% by fiscal year 2030 from fiscal 2023 base year levels
- Reducing absolute scope 3 GHG emissions by 25% by fiscal year 2030 from fiscal 2023 base year levels
The company plans to measure and disclose its GHG emissions, implement strategies to decrease emissions, and progress towards a net-zero future. This validation aligns with FactSet's sustainability plan, supported by its executive-sponsored Sustainability Committee and previous pledges with the UNGC and PRI.