FactSet Review – Is This Investing Tool Worth It?

Updated July 4, 2024

At a glance




FactSet is a global financial data and analytics company that provides integrated data, software, and technology solutions to investment professionals, enabling informed investment decisions and analysis.

The financial analysis landscape is continuously changing, driven by the growing needs of the industry. FactSet is at the leading edge of this transformation, providing a suite specifically designed for investment analysis.

This review goes deep into what makes FactSet a respected tool in finance. We draw on insights from actual users and apply strict scrutiny to analyze the toolkit. Our aim is to look deeper than the surface features and understand FactSet's unique position amidst a sea of financial data tools.

Key Takeaways

  • FactSet serves as a comprehensive financial data platform essential for modern-day investment decisions.
  • FactSet's insights into SPAC transactions and global deals provide a strategic edge to financial professionals.
  • The user experiences reflect the application's effectiveness as an all-encompassing financial analytics tool.
  • FactSet not only supports in-depth analysis but also offers tools for seamless integration with other systems.
  • Real-time data and updates about financial trends via FactSet keep investors ahead in a competitive landscape.

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Introduction to FactSet's Comprehensive Financial Tools

FactSet has made a name for itself as a leading provider in financial analytics. It caters to the specific needs of investment management and banking. Known for its vast database, FactSet empowers professionals in financial research and modeling. It delivers a collection of tools that boost both user efficiency and capability.

  • Comprehensive integration with Excel and various CRM systems, ensuring that financial modeling becomes a streamlined, error-free process.
  • Advanced financial analytics tools that provide real-time data and predictive insights, empowering users to stay ahead in the competitive markets.
  • Collaborative tools specifically designed for investment banking, which facilitate seamless communications and deal management.
  • A solid foundation for investment management strategies, with robust data feeds that include historical analysis and future projections.

The tools FactSet offers aid in daily financial tasks and bring innovation to analyzing market trends, risk evaluation, and portfolio oversight. FactSet serves as a crucial partner in the complex finance world.

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Exploring FactSet's Mergers and Acquisitions Analytics

FactSet is well-known for its in-depth M&A analytics, serving financial experts and industry insiders across the globe. It offers a comprehensive dataset highlighting the dynamics of worldwide mergers and acquisitions. Such insights grant a detailed exploration into how M&A landscapes are constantly changing.

21 Years of Historical M&A Data Insights

Over two decades, FactSet's analytics have charted the ebb and flow of market cycles. They've spotlighted pivotal trends that shape them. This extensive historical data is essential. It helps decode market trends over time and forecasts future M&A activity shifts.

Impact of Special Purpose Acquisition Companies (SPACs)

The rise in SPAC transactions has marked a significant trend. FactSet's close monitoring of these deals sheds light on their volume and value. This offers crucial insights for those eyeing SPACs for public listings or growth opportunities.

Industry Analysis and Top Global Deals of 2023

  • Comprehensive industry analysis provides a window into the sectors driving M&A activity, from technology to healthcare.
  • FactSet's summary of the top 100 global M&A deals of 2023 helps pinpoint where significant capital is moving and which markets are heating up.
  • Insight into deal premiums over enterprise value offers a nuanced understanding of the valuation landscapes within different industries.

In essence, FactSet's thorough M&A analytics, including insights on SPACs and industry trends, stand as pivotal resources for global M&A deal participants and observers.

The Versatility of FactSet for Financial Research and Modeling

FactSet is renowned for its comprehensive capabilities in financial research and modeling. Its robust tools support a wide range of analytics, essential for financial experts around the globe. It excels in integrating diverse financial tasks and offering scalable solutions, greatly enhancing productivity and flexibility. This resilience makes FactSet a crucial aid for financial undertakings.

Seamless Integration with Excel and CRM Systems

FactSet's integration with Excel and CRM systems highlights unmatched efficiency for financial analysts and strategists. Its compatibility with Excel streamlines importing and exporting of data, enabling advanced financial analysis and sophisticated modeling. On the CRM side, FactSet ensures financial data flows effortlessly across sales, marketing, and customer service departments, boosting business intelligence and improving client relations.

Delving into Scalable Projections and Accounting Consolidations

FactSet shines in facilitating scalable financial forecasts with accuracy and ease. It's invaluable for growing companies needing to plan for the future, offering simulations of financial paths under different business strategies. Additionally, its ability to consolidate accounting data from various sources into one report simplifies financial reviews and adheres to reporting standards. This capability ensures streamlined examination of finances and compliance with norms.

FactSet Review: A Closer Look at Data Verification and Enhancement

In today's financial world, data's relevance and accuracy are critical. FactSet stands out, offering solutions for validating and enriching financial services data. Its services are vital for finance professionals needing current, refined data for precise analysis and decision-making.

The Role of FactSet in Financial Services Data

FactSet plays a pivotal role in enhancing financial services data with thorough verification processes. It ensures all information adheres to stringent accuracy standards, vital for effective market analysis and investment choices. The platform's verification methods reduce the risks linked to erroneous data, which can lead to significant financial consequences.

User Experiences with Enhancing Company-Related Data

FactSet users appreciate its ability to enhance company data. This is not limited to updating records but also involves enriching them. Data enhancement techniques give deeper insights into company research and market trends. This enhanced data is crucial for developing strategies that adapt to changing market scenarios.

  • Streamlined access to enhanced business intelligence
  • Advanced tools for in-depth company research and analysis
  • Reliable source for updating and verifying financial and corporate records

FactSet leverages these strengths to advance financial analysis and investment planning.

The Edge of Real-Time Credit Insights with FactSet

FactSet is revolutionizing credit management by focusing on real-time data. This approach significantly enhances financial analysis. By including credit insights, FactSet provides a unique advantage. Now, businesses can actively monitor and adjust their credit scores.

FactSet utilizes advanced data monitoring to offer essential credit insights. These insights are crucial for several reasons:

  • Immediate alerts to credit score changes allow quick response. This can help to manage financial risks or identify opportunities for score improvement.
  • Having access to up-to-date data supports timely financial decisions. This is crucial in fast-paced market environments.
  • Continuous monitoring of business credit scores helps maintain financial health. This is vital for future financing and building partner trust.

FactSet's tools go beyond displaying data; they interpret and enhance it. This gives businesses a comprehensive platform for monitoring and managing their financial status. With this proactive stance, businesses can stay ahead, not just react to changes.

FactSet's Compatible Tech: Operational Systems and Mobile Accessibility

Exploring FactSet's technological backbone highlights a key feature: no dedicated mobile app, yet effective mobile access is retained. Financial pros must always reach real-time data and analytics. Their work depends on uninterrupted access to crucial market insights. FactSet ensures this access across various operational systems, enabling professional diligence anytime, anywhere.

No Mobile Application, No Limits on Data Access?

FactSet's answer to mobile reach involves offering adaptable solutions for every user's system, be it Windows, iOS, or others. Its adaptability is a major plus. Professionals in finance, from advisors to analysts, can thus reliably connect to data, anywhere. This adaptability is crucial for making timely, informed decisions in the fast-paced financial world.

A Comparative Analysis with Other Financial Platforms

  • FactSet differentiates itself by guaranteeing operational access across devices, setting a high bar in financial tech.
  • Competitors like S&P Capital IQ, PitchBook, and Refinitiv Eikon also focus on mobile access and system compatibility. Yet, users often favor FactSet for its intuitive navigation and design.
  • An examination into FactSet reveals a complex backend that facilitates data flow across different platforms, outpacing rivals.

FactSet stands out by seamlessly integrating with a range of systems, marking it indispensable in finance. It meets various mobile access and compatibility needs with flair. Thus, it supports diverse financial professionals by offering reliable, instant access to data, reinforcing its pivotal role in a fluctuating market landscape.


In concluding our analysis of FactSet, it's clear that it is a cornerstone in the financial industry, offering vital decision-making tools for varied analytical needs. Its extensive coverage on mergers, acquisitions, and the latest SPAC trends demonstrates its value. 

Despite lacking a mobile app, its comprehensive web interface and strong capabilities position it well in the competitive financial platforms spectrum.

The final assessment of our review underscores FactSet's commitment to quality and excellence. It offers insights that propel strategic thinking, informed decisions, and successful investments. FactSet, with its unparalleled data and user-centric features, stands as a crucial resource in navigating the complexities of financial markets.


  • Service: Investment Research
  • Pricing: Depends on plan
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