FactSet

FactSet Reviews

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Ratings and Reviews
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Tejashwi Kumar | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source
FactSet is an amazing database to do any and all [types] of analysis at an investment bank. The terminal offers readily available data which can be used to quickly make [decisions] or track the performance of a company. They have an excellent add-in [that] integrates MS [Excel] and MS Powerpoint so well that you can do automation and work on refreshing data accordingly.
  • Plug-in and Add-ins help automate excel and PowerPoint charts / active-graphs[.]
  • Real time update on data[.]
  • Portfolio tracking[.]
  • ESG score
  • Stability of FactSet Excel Add-ins[.]
  • Terminal interface can be as fast as Web-interface[.]
  • Costing can be adjusted for retail users as well[.]
FactSet is well suited for investment professionals who are looking to analyze multiple companies in a short amount of time and also get regular real tie [updates] on relevant statistics. The API integrates the data with [the] live [mainstream] so well that it gets refreshed instantly and you just need to change [the] date. Sometimes the excel crashes or some other plugin won't work in excel, so need to improve on integration.
Ira Mae Ramos | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Review Source
It is currently being used in our department as a research tool. It generally provides us with company and merger & acquisition information. It does allow one to do company screenings on specific industries and lets us download filings of public companies in a more compressed format.
  • FactSet maintains company filings and presentations of publicly listed companies and it does so in a really good way because the tool compresses the file and lets you download it easily. FactSet's compresses annual reports/presentations with normal sizes ranging from 10-15mb when downloaded from original sources into 2-4mb sizes. If you are a company/person who needs to maintain big fikes like these time and time again, it is a really good feature.
  • Creation of a public information book in FactSet is really easy. Anyone who is technologically inclined can actually use it with ease even without training.
  • Their mergers and acquisition information is actually better than others. It's not perfect but I think it is actually a bit better than standard.
  • Private company information. It is understandable that private companies barely have publicly available information in them but as compared to their peers, factset's database maintains very basic and incomplete information on private companies.
  • Tend to have bugs and can be quite slow. I have not experienced this recently but it used be so slow with bugs from time to time. Maybe they have already addressed it but if not, it could be a room for improvement
  • Company screenings could be improved. Company screening functionality from other competitors are just easier to use and are more complete/accurate
If you are a company doing research for your clients or you are an investment manager who normally needs information on companies engaged in certain industries; or if you are interested in M&A, then this database is for you.
There's normally no need for me to get support for FactSet. Mostly the issues you experience in the system go away on their own after a few hours.
February 23, 2020

FactSet is decent

Score 7 out of 10
Vetted Review
Verified User
Review Source
FactSet is used for verifying and enhancing data related to companies in the financial services industry. I primarily update existing accounts in our CRM.
  • Industry News
  • Corporate structure
  • Faster load time
  • API integration
FactSet is good for researching the financial industry. There are some other industries, but primarily, this site is for users in finance.
I think the data delivery could be improved, but it's a good data set.

FactSet Scorecard Summary

What is FactSet?

FactSet is a provider of financial data and analytic applications for investment management and investment banking professionals.

FactSet Pricing

FactSet Technical Details

Operating SystemsUnspecified
Mobile ApplicationNo

Frequently Asked Questions

What is FactSet's best feature?

Reviewers rate Support Rating highest, with a score of 7.2.

Who uses FactSet?

The most common users of FactSet are from Small Businesses and the Financial Services industry.