Company History

In September 1978, FactSet is founded. Howard Wille and Charles Snyder leave their Wall Street jobs to build a business, headquartered in New York, centered on computer-based financial analysis.

1981

First FactSet client terminal released, allowing direct access to the Company FactSet report.

1982

Charles Snyder develops an application to enable mainframes to deposit items from any database directly into a spreadsheet cell.

1983

FactSet downloading upgraded to Lotus 1-2-3.

1984

FactSet offers company screening capability.

Phil Hadley joins the FactSet consulting team.

Mike DiChristina joins the FactSet engineering team.

1988

Universal Screening™ is released, allowing clients to use customized screening criteria.

FactSet's speed and reliability increases with the implementation of Microcom 9600 baud modems.

1989

Private Database Service (PDS) is released, allowing clients to store and integrate proprietary data such as portfolio holdings, estimates, and model scores into their daily analysis.

FactSet headquarters move to Greenwich, Connecticut.

FactSet releases its first non-U.S. data offerings.

1991

The first real-time earnings estimates databases are released on FactSet.

FactSet establishes client base in Europe.

FactSet for Windows is released.

Alpha Testing is released, allowing clients to analyze the relationship between multiple variables and subsequent investment returns over time.

FactSet establishes client base in the Asia Pacific region.

London office opens.

FactSet releases WAN connectivity.

San Mateo office opens.

FactSet launches IB link and Comp Builder for the Investment Banking community.

Tokyo office opens.

The first benchmark database is released on FactSet.

FactSet provides WAN connectivity via the Internet.

FactSet completes its public offering and begins trading on the New York Stock Exchange, under the ticker symbol FDS.

1997

Portfolio Management Workstation (PMW) is released, providing specialized tools for the global portfolio manager.

Economic Analysis is released, allowing clients charting and report writing capabilities to analyze the market from a macro perspective.

Company Explorer is released, allowing clients access to a broad array of company information within a single window.

FactSet increases its Asia Pacific presence by opening Hong Kong and Sydney offices.

FactSet expands its New York presence by launching an expanded data center and dedicated training facility.

DIRECTIONS, FactSet’s easy-to-use user interface, is released.

Online Assistant®, FactSet's state-of-the-art Web-based help and reference system, is released.

FactSet offers 24-hour live telephone support, emphasizing our commitment to provide outstanding client service.

FactSet is recognized on BusinessWeek’s Hot Growth Companies list.

Boston office and training facility open.

Fixed Income Explorer is released, allowing clients to conduct in-depth analysis on an extensive universe of debt securities.

Chuck Snyder retires from FactSet.

Mike DiChristina is appointed President of FactSet.

FactSet acquires Insyte, the creator of Vision Technology, a database management solution, expanding client access to advanced data analysis tools.

Howard Wille retires from FactSet.

Phil Hadley is appointed CEO of FactSet.

FactSet acquires LionShares®, an institutional ownership database, and offers a wide scope of holdings data for the corporate/investor relations market.

FactSet opens a state-of-the-art data center in Manchester, New Hampshire.

FactSet increases its European presence by opening the Frankfurt office.

Chicago office and training facility open.

FactSet hosts the first PMW User Conference, helping PMW clients get more value from FactSet’s Portfolio Analytics tools.

2002

Data Central application is released, allowing clients to easily store, create, and manage proprietary time-series databases.

FactSet Marquee® is released, allowing clients to combine traditional security-level analysis and streaming real-time news and quotes.

Paris office opens.

FactSet acquires Mergerstat®, a leading provider of merger and acquisitions content.

FactSet hosts its first Application Development Conference, launching the release of FAST-FactSet Application Service Technology.

Public Information Book (PIB) Builder is released, allowing clients the ability to quickly combine a variety of reports and news stories into a single electronic PDF document.

FactSet celebrates its 25th anniversary.

FactSet opens a data center in Reston, Virginia.

FactSet acquires CallStreet, LLC, a leading provider of quarterly earnings call transcripts to the investment community, to further augment the broad array of content available on FactSet workstations.

FactSet headquarters move to a corporate campus in Norwalk, Connecticut.

FactSet acquires JCF Group, a provider of global broker estimates and other financial and macroeconomic data to institutional investors, to meet the growing needs of existing clients while expanding FactSet's global presence.

Milan office opens.

FactSet builds off the PMW Conference to create and host the first Investment Process Symposium, helping clients get more value from FactSet’s suite of investment analysis tools.

FactSet acquires TrueCourse, Inc., a leading provider of corporate takeover defense data, to expand FactSet's services into new markets.

IBCentral is released, providing every member of the deal team with the tools to make confident investment decisions.

FactSet acquires Derivative Solutions, a leading edge provider of analytics to fixed income market participants.

FactSet creates an AlphaMetrics division with the acquisition of StreamVPN and their flagship product Alpha Network, a productivity tool that enhances the communication between institutional money managers and the brokerage community with the ability to easily filter, track, and evaluate high conviction investment ideas.

FactSet acquires europrospectus.com limited, whose service offers full text, clause, and field searching on debt, equity, and warrant prospectuses, programs, pricing supplements, and M&A transactions. The product is rebranded FactSet Global Filings.

FactSet celebrates its 10th anniversary as a public company on the NYSE:FDS.

FactSet consolidates four London offices to new premises at Broadgate West II, London to serve as the new headquarters for FactSet's London-based operations.

FactSet releases ExcelConnect, the next generation of the FactSet JCF platform, which combines analytics and data in an easy-to-use Microsoft Excel environment.

FactSet Wireless is released, letting clients access real-time market data on their handheld device.

FactSet hosts the first Investment Process Symposium in Europe, helping Europe-based clients get more value from FactSet’s tools

Amsterdam office opens.

FactSet acquires DealMaven, Inc., whose tools are designed to improve the workflow of investment bankers when working in Microsoft Office.

Austin, Texas office opens.

FactSet is named one of the UK's Best Places to Work 2009.

FactSet dual lists on NASDAQ under the ticker symbol FDS.

Manila office opens.

FactSet partners with The Wall Street Journal to calculate the Journal's Annual Best on the Street Analyst Rankings.

The new FactSet is introduced, providing users with a powerful platform that unites comprehensive content and dynamic analytics in an intuitive interface.

Peter Walsh is appointed Chief Operating Officer. Michael Frankenfield becomes Director of Global Sales.