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FactSet Sees Continued Growth in Asia-Pacific Presence, Expands Singapore Office
November 21, 2017
FactSet, a global provider of integrated financial information, analytical applications and industry-leading services, today announced that it has relocated its Singapore office to accommodate its growing workforce and client base in the region.
More than 30 experienced members of FactSet’s dedicated client account teams and industry-leading consultants are now located in the Guoco Tower at 1 Wallich Street. The new, larger office continues to offer investment professionals direct access to FactSet’s client service team across the company’s product suite with solutions for Sovereign Wealth Funds, Insurance Companies, Mutual Funds, Wealth Managers and Banks.
"The Asia Pacific region is FactSet’s fastest growth market," said Alan Bettridge, Senior Vice President and Regional Director for FactSet in the Asia Pacific Region. "This new office enables us to strengthen our support and tailor our products and services to the needs of local clients while expanding our presence supporting financial firms in Singapore, Malaysia, Indonesia, Vietnam and the nearby countries."
The new office will work in combination with the Company’s operations throughout the region, including its offices in Australia, Hong Kong, India, and Japan. Over the last 12 months, FactSet organic annual subscription value (ASV) in the Asia Pacific region grew by 12.8%. ASV at any given point in time represents the forward-looking revenues for the next twelve months from all subscription services currently being supplied to clients.
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