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FactSet

FactSet

Overview

What is FactSet?

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

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Recent Reviews

TrustRadius Insights

FactSet is a versatile tool that has found great utility in the field of financial research and modeling. Users have reported positive …
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FactSet is decent

7 out of 10
February 23, 2020
Incentivized
FactSet is used for verifying and enhancing data related to companies in the financial services industry. I primarily update existing …
Continue reading
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Product Demos

FactSet + Adaptive Cards

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FactSet demo for International Campus Faculty

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Product Details

What is FactSet?

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

FactSet Technical Details

Operating SystemsUnspecified
Mobile ApplicationNo
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Comparisons

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Reviews and Ratings

(43)

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

FactSet is a versatile tool that has found great utility in the field of financial research and modeling. Users have reported positive experiences with the core functionality of FactSet, which enables efficient analysis and reduces work time. One key use case of FactSet is to find firmographic information about public companies for recruitment and retention purposes. By providing comprehensive data on companies, FactSet assists users in making informed decisions about potential candidates and evaluating industry trends.

Another important use case of FactSet is its role in verifying and enhancing data related to companies in the financial services industry. The product's integration with CRM and other tools such as Excel adds value by allowing for seamless data transfer and analysis. Additionally, the robust and stable API of FactSet empowers users to conduct better data analysis and export relevant information to Excel for further manipulation.

FactSet components have also proven beneficial in consolidating accounting objectives and integrating with other solutions. Users appreciate the ability to track competitors, leveraging FactSet's capabilities in conjunction with MS PowerPoint and Excel for presentations and data visualization. FactSet is regarded as a valuable resource within the financial research community, delivering relevant insights and facilitating efficient workflows for users across various sectors.

Comprehensive Financial Research Platform: Several users have found Factset to be a comprehensive financial research platform that offers extensive data on public companies and other publicly available information. They appreciate the tool's ability to provide organizational information about the financials tied to publicly traded companies, including revenue, employee count, primary contacts, funding rounds, stock trends, and corporate hierarchy.

Intuitive User Interface: Many reviewers have praised Factset for its intuitive user interface. They find it easy to navigate and quickly access the entire dashboard to view financial records for comparative analysis. This user-friendly interface enhances their overall experience with the platform.

Prompt Customer Service: Users are impressed with Factset's prompt customer service. They appreciate the timely assistance provided by the support team whenever they encounter any issues or have questions regarding the platform. The responsive customer service contributes positively to their satisfaction with Factset as a financial research tool.

Long Load Time: Some users have complained about the tool taking a significant amount of time to load, causing inconvenience for them.

Discrepancies in Numbers: Several reviewers have noticed discrepancies between the numbers provided by the tool and the actual balance sheets of companies, leading to doubts about its accuracy. However, users appreciate that the FactSet team promptly addresses these issues when raised.

Limited Portfolio Management Features: Users find that the portfolio management features offered by FactSet are not as robust as those provided by Bloomberg, especially in terms of backtesting and risk analysis. Additionally, some users feel that there is a lack of proactive offerings for free trials.

Attribute Ratings

Reviews

(1-1 of 1)
Companies can't remove reviews or game the system. Here's why
February 23, 2020

FactSet is decent

Score 7 out of 10
Vetted Review
Verified User
Incentivized
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.
  • Up to date data on Assets Under Management
  • Intelligence on account structure
FactSet offers the most comprehensive info on industry-specific accounts. We don't currently have plans to leave.
I think the data delivery could be improved, but it's a good data set.
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