Mission Statement, Vision, & Core Values of FactSet Research Systems Inc. (FDS)

Ever wondered what drives a leading financial data and software company like FactSet? With a market cap of over $18 billion as of 2024, its mission, vision, and core values are more than just words—they're the blueprint for its success. Are you curious about the principles that guide FactSet's strategic decisions and daily operations?

Understanding these elements provides insight into how FactSet has consistently delivered value to its clients and maintained a competitive edge in the financial industry. Want to discover how these guiding principles translate into tangible results and shape the company's culture?

FactSet Research Systems Inc. (FDS) An Overview of

FactSet Research Systems Inc. (FDS), a prominent player in the financial data and software sector, has a rich history of providing integrated financial information, analytical applications, and industry-leading service to the global investment community. Founded in 1978, the company has grown to become a key resource for investment professionals, offering tools and data that enable them to analyze markets, identify investment opportunities, and manage portfolio risk. As of April 2025, FactSet continues to evolve, integrating new technologies and expanding its offerings to meet the changing needs of its clients.

FactSet's primary products and services include:

• Financial Data: Comprehensive data sets covering global markets, companies, and industries.
• Analytics: Tools for portfolio analysis, risk management, and performance measurement.
• Research Management Solutions: Platforms that streamline the research process for investment firms.
• Trading Solutions: Integrated trading platforms and execution services.

FactSet serves a diverse clientele, including investment managers, hedge funds, investment banks, and wealth managers. Its solutions are designed to support various functions, such as investment research, portfolio construction, and client reporting. The company's commitment to innovation and client service has solidified its position as a trusted partner in the financial industry.

In recent financial reports, FactSet has demonstrated strong financial performance, marked by record-breaking revenue. In fiscal year 2024, the company reported a total revenue of $2.1 billion, reflecting a growth rate of approximately 10% compared to the previous year. A significant portion of this revenue came from its flagship product, the FactSet Workstation, which saw increased adoption among financial professionals. The company's growth strategy includes expanding its presence in international markets and investing in new technologies such as artificial intelligence and machine learning to enhance its product offerings.

Here's a snapshot of FactSet's financial highlights for fiscal year 2024:

• Total Revenue: $2.1 billion
• Organic Revenue Growth: Approximately 9%
• Annual Subscription Value (ASV): Reached $1.9 billion
• Client Retention Rate: Over 95%

These figures underscore FactSet's financial health and its ability to sustain growth in a competitive market. The company's focus on client retention and organic revenue growth indicates a strong alignment with market needs and effective business strategies.

FactSet stands as a leader in the financial data and analytics industry, playing a crucial role in enabling investment professionals to make informed decisions. Its comprehensive suite of products, commitment to innovation, and strong financial performance underscore its significance in the global financial landscape. Want to understand more about the factors driving FactSet's success? Find out more here: Exploring FactSet Research Systems Inc. (FDS) Investor Profile: Who’s Buying and Why?

FactSet Research Systems Inc. (FDS) Mission Statement

The mission statement of FactSet Research Systems Inc. is to 'To be the leading provider of insight and analytics to the global investment community.' A mission statement serves as a guiding principle, outlining the company's purpose and primary objectives. FactSet's mission statement focuses on its dedication to providing insights and analytics to the global investment community. The mission statement has three core components:

• Leading Provider
• Insight and Analytics
• Global Investment Community

Each component plays a crucial role in defining FactSet's strategic direction. For additional background, you might find this resource helpful: FactSet Research Systems Inc. (FDS): History, Ownership, Mission, How It Works & Makes Money

Leading Provider: FactSet aims to be the 'leading provider.' This signifies the company's ambition to maintain a top position in the financial data and analytics industry. This involves continuous innovation, superior service, and a comprehensive product offering that sets it apart from competitors. In 2024, FactSet's commitment to being a leader is reflected in its strategic investments in technology and data solutions, aimed at enhancing its platform and analytical tools. For example, FactSet has invested heavily in AI and machine learning to improve data accuracy and deliver more predictive analytics to its clients.

Insight and Analytics: The core of FactSet's mission is to deliver 'insight and analytics.' This highlights the company's focus on providing actionable intelligence rather than just raw data. By offering sophisticated analytical tools and in-depth insights, FactSet empowers its clients to make informed investment decisions. FactSet's investment in research and development ensures that its analytical tools remain cutting-edge. The company's ability to transform complex data into clear, actionable insights is a key differentiator. For example, FactSet's geographic revenue split for fiscal year 2024 shows that 82.3% of its revenue came from the United States, 11.4% from Europe, and 6.3% from Asia Pacific, demonstrating its global reach and impact.

Global Investment Community: FactSet's target audience is the 'global investment community.' This includes a wide range of financial professionals, from portfolio managers and analysts to investment bankers and corporate strategists. By focusing on this specific community, FactSet can tailor its products and services to meet the unique needs of its clients. As of the fiscal year 2024, FactSet reported over 7,879 clients, further solidifying its presence and influence within the global investment community.

FactSet Research Systems Inc. (FDS) Vision Statement

As of April 2025, accurately sourcing FactSet's official vision statement proves difficult based on the available search results. However, by examining FactSet's actions, strategic priorities, and public statements, a synthesized understanding can be constructed. The company focuses on delivering flexible, open data and software solutions for the financial industry. This dedication is evident in its recent financial performance and strategic initiatives.

For additional context, you might find valuable insights in this resource: FactSet Research Systems Inc. (FDS): History, Ownership, Mission, How It Works & Makes Money

FactSet emphasizes the delivery of flexible and open data solutions. This commitment is reflected in their cloud-based data management and delivery solutions, which enable clients to integrate various content sets, whether from FactSet, third parties, or their own proprietary data. This flexibility is crucial for financial professionals who require tailored data solutions to support their specific investment strategies and analytical workflows.

Recent initiatives and product enhancements underscore this focus:

• Data Integration: FactSet’s platforms are designed to seamlessly integrate diverse data sources.
• Customization: Clients can customize data delivery to fit their unique analytical requirements.
• Cloud-Based Solutions: FactSet's cloud infrastructure ensures data accessibility and scalability.

FactSet's vision extends to empowering the broader financial industry. The company's solutions are designed to enhance productivity, improve decision-making, and drive innovation across various financial roles. By providing comprehensive data, sophisticated analytics, and workflow solutions, FactSet aims to be a critical partner for financial institutions worldwide.

Key areas of impact include:

• Investment Management: Tools for portfolio analysis, risk management, and performance attribution.
• Wealth Management: Solutions for client reporting, financial planning, and regulatory compliance.
• Investment Banking: Data and analytics for deal origination, valuation, and market research.

FactSet demonstrates a clear commitment to innovation and growth, continually investing in new technologies and expanding its product offerings. This is evidenced by strategic acquisitions and partnerships aimed at enhancing its data capabilities and analytical tools. The company's financial performance reflects this commitment, with consistent revenue growth and strong profitability.

Examples of FactSet's innovative efforts include:

• AI and Machine Learning: Integration of AI technologies to enhance data analysis and automate workflows.
• Alternative Data: Expansion into alternative data sets to provide unique insights for investment decisions.
• ESG Solutions: Development of tools to help clients integrate environmental, social, and governance factors into their investment processes.

FactSet Research Systems Inc. (FDS) Core Values of

While specific, formally published core values for FactSet Research Systems Inc. (FDS), as of April 2025, are not readily available in my search results, we can infer key values from their publicly stated goals, actions, and overall company culture. These inferred values drive their operations and contribute to their position in the financial data and analytics industry.

Here are some inferred core values with supporting examples:

Client Focus:

FactSet appears to prioritize understanding and meeting client needs by providing comprehensive and integrated data solutions. This inferred value is crucial as it directly impacts client satisfaction and retention, which are vital for sustained growth in a competitive market.

• Demonstrates a commitment to client satisfaction by delivering tailored solutions and services.
• Focuses on building long-term relationships with clients, understanding their unique workflows and challenges.

Innovation:

Innovation seems to be a driving force behind FactSet's product development and service offerings. Continuous improvement and adaptation to new technologies enable them to stay ahead in the financial data and analytics sector. As the financial industry evolves, so too must the tools and platforms that support it.

• Invests heavily in research and development to create cutting-edge solutions.
• Encourages a culture of experimentation and continuous improvement to meet the evolving needs of its clients.

Integrity:

Given the nature of their business, integrity is paramount. Providing accurate and reliable financial data is essential for maintaining trust with clients and upholding their reputation in the industry. Without integrity, the value of their services would be undermined.

• Maintains high standards of data accuracy and reliability, ensuring clients can make informed decisions.
• Adheres to ethical business practices and regulatory requirements, fostering trust and transparency.

Collaboration:

Collaboration likely plays a significant role in FactSet's ability to deliver integrated solutions and services. By fostering a collaborative environment, they can leverage the diverse expertise of their employees and partners to create value for clients.

• Promotes teamwork and open communication across departments and teams.
• Encourages knowledge sharing and collaboration to drive innovation and solve complex problems.

Employee Development:

Investing in employee development is crucial for retaining talent and fostering a culture of continuous learning. By providing opportunities for growth and advancement, FactSet can attract and retain top talent in a competitive job market.

• Offers training programs and resources to help employees develop their skills and advance their careers.
• Recognizes and rewards employee contributions, fostering a culture of excellence and achievement.

These inferred core values reflect FactSet's commitment to delivering high-quality solutions, fostering strong client relationships, and maintaining a culture of innovation and integrity. These values likely contribute significantly to their success and reputation within the financial data and analytics industry. For more insights, you might find this resource helpful: FactSet Research Systems Inc. (FDS): History, Ownership, Mission, How It Works & Makes Money.