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

A-Team Insight Blogs

FactSet Completes Acquisition of Thomson Fundamentals Database

Subscribe to our newsletter

Following the announcement of its intention to acquire a copy of the Thomson Fundamental database in April this year, financial information and analytical applications vendor FactSet Research Systems has announced the completion of the deal. The vendor paid cash consideration of US$63 million for a copy of the database and related assets, daily database updates over the next 18 months and approximately US$1 million of annual revenues.

Thomson retains the full ownership of the original fundamentals database and associated intellectual property and Thomson Fundamentals will continue as a product on the FactSet platform. FactSet has been distributing Thomson Fundamentals to the investment community since 1991.

According to the vendor, eight key employees connected with the database and related assets have accepted employment offers to join FactSet immediately.

FactSet has entered into a transition services agreement with Thomson, under which Thomson will provide services for the next 18 months, including daily updates to FactSet’s fundamental database. The daily updates will be provided on the same schedule and with the same timeliness, content and quality as the updates FactSet receives for Thomson Fundamentals today. The TSA also outlines consulting and support services Thomson will provide to FactSet in order to ensure a complete understanding of the structure, content and data collection processes required to deliver a production version of the database by the end of the transition period.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: An Agile Approach to Investment Management Platforms for Private Markets and the Total Portfolio View

Data and operations professionals at private market institutions face significant data and analytical challenges managing private assets data. With investors clamouring for advice and analysis of private markets in their search for returns, investment managers are looking at ways to gain a more meaningful view of risk and performance across all asset types held by...

BLOG

Clearwater Looking to Bridge Front-to-Back Office Tech Gaps with Acquisitions

It’s difficult for data and technology companies to fully service financial institutions’ front-to-back operations when behemoth providers are offering closely integrated capabilities at scale already. Clearwater Analytics, however, has a strategy that it believes will work not by necessarily competing with the big aggregators, but by working with them and filling gaps that they don’t...

EVENT

TradingTech Briefing New York

Our TradingTech Briefing in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...