FactSet Research Systems Inc. Common Stock (FDS)

Competitors to FactSet Research Systems Inc. Common Stock (FDS)

Bloomberg L.P.

Bloomberg is a dominant player in the financial data and analytics space, competing with FactSet through its comprehensive Bloomberg Terminal service, which provides real-time financial information, news feeds, and extensive analytics. Bloomberg's differentiation lies in its vast proprietary data, diverse content offerings, and strong brand presence in large financial institutions. While FactSet also offers extensive analytics and data, Bloomberg's reputation and integrated platform give it a significant competitive edge, especially among investment professionals and traders.

IHS Markit (now part of S&P Global)

IHS Markit, now part of S&P Global, competes with FactSet primarily through its extensive data analytics and research capabilities across various sectors, including finance, economics, and energy. It provides clients with deep insights through advanced analytics and modeling tools. The merger has enhanced S&P's offerings, placing it in a position of strength in comprehensive analytics, which may create challenges for FactSet as it seeks to compete in broader and deeper market sectors. Given this merger, IHS Markit could now have a competitive advantage in providing integrated solutions within S&P Global's ecosystem.

Morningstar, Inc. 

Morningstar directly competes with FactSet by providing data and analysis focused primarily on investment and mutual funds. While FactSet has a more comprehensive range of financial data and is widely used by institutional investors, Morningstar holds a strong reputation in the retail investor space with its robust capabilities in fund analytics and research. The company's focus on investor education and comprehensive ratings gives it a competitive edge in its niche, though FactSet holds more significant overall market share in institutional finance.

Refinitiv

Refinitiv, formerly part of Thomson Reuters, competes with FactSet by providing a vast array of financial market data, analytics, and risk management solutions via its Eikon platform. Refinitiv differentiates itself through strong integration capabilities, access to a broad spectrum of financial information, and advanced analytics tools catering to corporate treasuries, asset managers, and investment banks. While both companies focus on high-quality data, Refinitiv's extensive client base and integration with workflow solutions enhance its competitive positioning in the market.

S&P Global Market Intelligence

S&P Global Market Intelligence competes with FactSet by providing essential financial data, analytics, and research tools particularly aimed at investment professionals and corporate clients. S&P offers unique insights through its analytical capabilities and credit ratings, which can serve as a competitive differentiator. Although both companies offer similar services, S&P's established reputation in credit analysis and risk assessment gives it a particular advantage in niche markets compared to FactSet’s general offerings.