FactSet Research Systems Teams up with Coin Metrics to Enhance its Data Content Platform
January 12, 2023
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FACTSET ($NYSE:FDS): FactSet Research Systems is a leading provider of integrated financial information and analytics for the global investment community. The company’s portfolio of products and services includes market data, analytics, content and applications that enable professionals to access, analyze and present the information they need to make informed decisions. FactSet recently teamed up with Coin Metrics, a crypto data firm, to enhance its data content platform. This collaboration will combine digital assets data with the capabilities of FactSet’s services, giving users a comprehensive view of their cryptocurrency operations from research to asset distribution. With this, users will be able to study portfolios using FactSet’s portfolio analytics, performance attribution, predicted risk, and reporting solutions.
Additionally, FactSet’s StreetAccount news service and data content platform will also be able to provide crypto coverage. In addition to its collaboration with Coin Metrics, FactSet Research Systems has also announced its strategic partnerships with top financial firms such as Goldman Sachs and BlackRock. The company’s partnerships have enabled it to expand its capabilities and deliver more comprehensive information for its clients. With its collaboration with Coin Metrics, FactSet Research Systems is further strengthening its position as a leader in integrated financial information and analytics.
Share Price
On Wednesday, FACTSET RESEARCH SYSTEMS stock opened at $409.3 and closed at $412.8, up by 0.9% from prior closing price of 409.3. The company provides a comprehensive suite of analytics and data solutions for institutional investors, investment advisors, and corporate finance professionals. The collaboration will also allow FACTSET to expand its coverage of digital assets, providing customers with valuable insight into the cryptocurrency markets. The new partnership is part of FACTSET’s ongoing effort to provide an end-to-end solution for its customers, allowing them to make better-informed decisions with the help of the most comprehensive and accurate data available. By leveraging Coin Metrics’ data and analytics platform, customers will be able to access real-time insights into the performance of digital assets and their underlying markets.
FACTSET RESEARCH SYSTEMS is committed to providing customers with the best possible solutions to help them make sound investment decisions. With the addition of Coin Metrics’ data and analytics platform, the company is sure to stay ahead of the curve in terms of the latest data and insights for digital assets. This latest partnership is sure to help FACTSET RESEARCH SYSTEMS stay at the forefront of the financial services industry. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for FDS. More…
| Total Revenues | Net Income | Net Margin |
| 1.92k | 426.07 | 25.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for FDS. More…
| Operations | Investing | Financing |
| 572 | -2k | 1.21k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for FDS. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.98k | 2.5k | 35 |
Key Ratios Snapshot
Some of the financial key ratios for FDS are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.9% | 9.3% | 27.2% |
| FCF Margin | ROE | ROA |
| 26.6% | 24.6% | 8.2% |
VI Analysis
Company fundamentals are crucial in determining a company’s long-term potential. The VI app makes it easy to analyse the fundamentals of any company and make a decision. For instance, FACTSET RESEARCH SYSTEMS has been classified as a ‘gorilla’, a type of company that has achieved stable and high revenue or earning growth thanks to its competitive edge. Investors interested in such a company are those looking for rapid growth and dividend yields. FACTSET RESEARCH SYSTEMS stands out in terms of growth, dividend and profitability. On the other hand, its weak point is its asset. Moreover, the company has a high health score of 9/10 regarding its cashflows and debt, which means that it is capable of navigating any crisis without fear of bankruptcy. In conclusion, FACTSET RESEARCH SYSTEMS has proven itself to be a reliable company with a strong competitive edge. Its performance in terms of growth, dividend and profitability are outstanding, while its weak point lies in its asset. Furthermore, the company is well-equipped to handle any crisis due to its high health score. All in all, it can be said that FACTSET RESEARCH SYSTEMS is a good choice for any investor looking for a good return on their investment. More…
VI Peers
Its main competitors are London Stock Exchange Group PLC, QuoteMedia Inc, and Euromoney Institutional Investor PLC. All three companies are major players in the financial data and analytics industry, with FactSet holding a slight edge in terms of market share.
– London Stock Exchange Group PLC ($LSE:LSEG)
London Stock Exchange Group PLC has a market cap of 40.89B as of 2022, a Return on Equity of 3.86%. The company operates a number of stock exchanges in the United Kingdom, including the London Stock Exchange, which is the largest stock exchange in Europe. In addition to stock exchanges, the company also provides trading, clearing, and settlement services for a variety of financial instruments.
– QuoteMedia Inc ($OTCPK:QMCI)
QuoteMedia, Inc. provides digital financial content and technology solutions for the financial services industry in North America and internationally. It operates in two segments, Content and Enterprise. The Content segment offers real-time stock market quotes, news, charts, and research data through its Quotestream product suite to retail and institutional investors, media, and individual investors; and web-based solutions and data products, including Stockhouse.com, an online investment community for Canadian investors. This segment also provides premium subscription-based data products, such as Portfolio123 and MarketQA, as well as content licensing services. The Enterprise segment offers data products and services to broker-dealers, investment advisors, and other financial institutions. This segment provides technology solutions to power trading platforms, client portals, and other Web-based applications; and data integration solutions that enable the distribution of real-time content on desktop applications, mobile devices, and third-party Web sites. The company was founded in 1999 and is headquartered in Montreal, Canada.
– Euromoney Institutional Investor PLC ($LSE:ERM)
Euromoney Institutional Investor PLC is a provider of business information and research for the global financial markets. The company has a market capitalization of 1.58 billion as of 2022 and a return on equity of 2.93%. The company’s products and services include news, analysis, and research on the global financial markets, as well as data and intelligence on companies, industries, and economies. Euromoney Institutional Investor PLC is headquartered in London, the United Kingdom.
Summary
FactSet Research Systems is a financial data and software company that provides comprehensive data and analysis tools for investors. It offers a wide range of services and products, including market data, analytics, news, research, and portfolio management solutions. Its tools can help investors make informed decisions, analyze trends, and identify opportunities.
FactSet also partners with Coin Metrics to provide further insight into the crypto market and facilitate investment decisions. Its platform is designed to give users access to up-to-date financial information and insights that can help them make more informed investment decisions.
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