TrustRadius Insights for FactSet are summaries of user sentiment data from TrustRadius reviews and, when necessary, third party data sources.
Pros
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.
Financial estimates from analyst estimates, screening for M&A transactions and capital raises, screening for shareholder rights plans and being able to use the date to complete various analyses. Using FactSet to check financials. We use FactSet often to complete public company analyses is our most likely use cases and is able to quickly do calendar figures even if the company is on an off calendar fiscal year.
Pros
Market Figures (Stock Price, Ent Value, Equity Value)
Rights Plan Data
Screening for Selected Data
Cons
Often unclear where estimates come from
Excel popup for formulas is often difficult to use and glitchy
Providing source of data
Likelihood to Recommend
Often has data where other sources would not have Well suited for large sets of data and analyses on public company data with a lot of public companies, getting the formulas to pull data is very helpful and saves a lot of time. Less appropriate for pulling investor data and co-investment data that Pitchbook seems more suited
VU
Verified User
Analyst in Finance and Accounting (Financial Services company, 51-200 employees)
FactSet is used for verifying and enhancing data related to companies in the financial services industry. I primarily update existing accounts in our CRM.
Pros
Industry News
Corporate structure
Cons
Faster load time
API integration
Likelihood to Recommend
FactSet is good for researching the financial industry. There are some other industries, but primarily, this site is for users in finance.
VU
Verified User
Administrator in Marketing (Information Technology & Services company, 51-200 employees)