About a-team Marketing Services
The knowledge platform for the financial technology industry

A-Team Insight Blogs

FactSet Completes Fundamentals Collection Milestone

Subscribe to our newsletter

FactSet Research Systems announces that it has completed the transition process for collection of the fundamentals database acquired from Thomson Reuters on April 22, 2008.

The acquisition included a copy of the Thomson Fundamentals database, source documents, collection software, documentation, and collection training materials. As per the Transitional Services Agreement, the Thomson update process was terminated on May 4.

FactSet branded the database “FactSet Fundamentals”, which entered the market in 2008. Since then, FactSet has dedicated more than 850 employees to the project, taking major strides to improve the collection system to ensure increased speed, accuracy, reliability and ease of use, and solidifying the database’s place as a preeminent global market data source.

As a result of their independent collection process, FactSet has been able to implement major enhancements, including expanded coverage of the database to more than 62,500 companies and source linking to give clients transparency into the data.

Key differentiating enhancements that have been added to FactSet Fundamentals:

Enhanced view of balance sheet and income statement that includes more granular detail, such as adjustments based on information found in the footnotes and MD&A, to provide insight beyond the traditional standardised items

Calendarised data series that make it easy to align and analyse companies on a comparable basis

Debt capital structure information that provides detailed breakdowns of a company’s financing activity

Restated data that includes important changes to company reports

Dual-listing support that links data to securities that have multiple listings

FactSet Fundamentals is tightly integrated with FactSet’s entity mapping, which allows information collected by FactSet’s proprietary content sets, such as corporate new issues, people, ownership, and estimates, to be incorporated into the Fundamentals data set.

Plus, every FactSet Fundamentals subscription includes access to FactSet Market Aggregates, an aggregation engine that lets clients analyse custom portfolios and indices with the same level of detail and transparency used for security analysis. Clients can access over 20 metrics for more than 2,850 third-party vendors and exchange indices. Benchmarks also include specific sector, industry-group, and industry-level indices.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: The Data Office at a Crossroads — AI Governance, Organisational Design, and the Evolving Mandate of the CDO

Who owns AI governance in a capital markets firm – and is the Data Office structured to bear that weight? These questions sit at the heart of A-Team Research’s latest findings, presented here for the first time: the combined results of two landmark surveys examining the role of the Data Office in AI governance and...

BLOG

Why AI in EDM Needs an Audit Trail Before It Needs an Algorithm

By Devendra Bhudia, Chief Product Officer – EDM at Gresham. The use of artificial intelligence in financial data operations is moving quickly from experimentation into production. Firms are increasingly looking to AI to identify anomalies, compare vendor feeds, prioritise exceptions and resolve operational breaks. Data operations teams are under pressure to manage greater volumes, more...

EVENT

Data Management Summit London

Now in its 17th year, Data Management Summit (DMS) London returns In April 2027, to explore how to use data and AI to drive measurable business outcomes reliably, repeatedly and at scale.

GUIDE

Practicalities of Working with the Global LEI

This special report accompanies a webinar we held on the popular topic of The Practicalities of Working with the Global LEI, discussing the current thinking around best practices for entity identification and data management. You can register here to get immediate access to the Special Report.