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FactSet Expands India Operations, Hosts Lamp Lighting

December 5, 2016

NORWALK, Conn., December 5, 2016 – FactSet, a leading technology company and provider of integrated financial information and analytical applications, today announced it is strengthening its presence in India, leasing additional space in Hyderabad. The newly signed agreement to lease expands FactSet’s presence at the DivyaSree campus, located at Raidurgam. The project kicked-off with a lamp lighting ceremony hosted by Chief Executive Officer Phil Snow on December 3.

FactSet has operated in India since 2008 and currently has more than 3,000 employees in facilities in Hyderabad and Mumbai. In September the Company also opened a new office in Chennai.

FactSet's Global Operations Center in Hyderabad has grown at a rapid pace, and has become the largest FactSet office in the world. Employees work around the clock to ensure FactSet is providing the most accurate data to clients. The facility expansion supports FactSet’s growing headcount in India, which also includes engineering and product development teams.

"FactSet’s teams in India are a vital part of our long-term strategy and support key functions that differentiate us in the market," explained Venkat Ramamoorthy, Vice President, Associate Director, FactSet. "We are excited to add additional space to foster collaboration across teams and build on the strong FactSet culture in India." 

About FactSet
FactSet delivers the world’s best insight and information to investment professionals through superior analytics, service, content, and technology. More than 65,000 users make smarter investment decisions with FactSet's desktop analytics, mobile applications, and comprehensive data feeds. FactSet is also an honoree of Fortune’s 100 Best Companies to Work For and a Best Workplace Award recipient in the United Kingdom and France. FactSet is listed on the New York Stock Exchange and NASDAQ (NYSE:FDS) (NASDAQ:FDS). Learn more at www.factset.com and follow on Twitter: www.twitter.com/factset.

Contact:
Amy Bowman
FactSet Research Systems Inc.
203.810.2144
abowman@FactSet.com
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