FactSet [NYSE: FDS]; Analytics to Make Financial Data Smarter

FactSet [NYSE: FDS]; Analytics to Make Financial Data Smarter

CIO VendorPhilip Snow, CEO
With the changing business dynamics and increasing risk factors, organizations are heavily adopting portfolio analytics software to mitigate loss while investing in broad range of portfolios that have complex, underlying financial assets and instruments. This facilitates investment decisions and plays a vital role in planning and implementation of various investment strategies. FactSet [NYSE: FDS] of Norwalk, CT is a provider of financial data and analytic applications for investment management and banking professionals around the globe. Elaborating on the prowess of the solutions, Philip Snow, CEO of FactSet adds, “Enterprise-wide collaboration across members of the financial investment community will dramatically improve industry productivity.”

For more than 35 years, FactSet has been serving investment professionals across teams, across asset classes, and at every stage of the investment process. The company’s smart, streamlined software helps customers stay on top of the global market trends. Further, FactSet integrates thousands of datasets in desktop and mobile solutions, bestowing its clients with the accuracy and transparency needed to perform innovative analysis and present those insights clearly.

FactSet’s sophisticated analytics platform has etched a niche in the market for being able to support clients to invest more time in finding answers and less time managing data related to investments. FactSet's unique combination of risk and quantitative analytics tools identifies systematic sources of relative performance and analyzes the specific exposures that can help or hurt performance to make more informed portfolio management decisions. FactSet’s returns-based portfolio analysis solutions provide reports and charts that caters to enterprises’ need to study a portfolio relative to a benchmark, competitor fund, or peer group. Beyond analyzing particular portfolios, FactSet assists in researching the optimal allocation of a set of indices or products, or use fund screening to identify all portfolios that meet client’s exact criteria.

The analytics platform takes clients’ analysis to the next level with multi-tile reporting and drag-and-drop functionality and enables them to view reports and charts side-by-side with intelligent linking that carries the portfolio, benchmark, and associated metadata across all views.

FactSet’s sophisticated analytics platform enables clients to invest more time finding answers and less time managing data

The platform customizes exposures reports and help gain insight into portfolio and benchmark weights using clients own groupings for reports and charts. It uses aggregated and security-level reports to view metrics including weights, valuation measures, ratings, and other ratios for portfolio and selected benchmarks and identifies portfolio vulnerabilities and understands drivers of risk at the asset and portfolio levels. FactSet evaluates relative performance using several different attribution models, including equity, fixed income, balanced, risk, top down, and macro-level and identifies the securities and groups which contributed to or detracted from portfolio performance on an absolute or relative basis.

Further, FactSet also delivers a comprehensive solution for every stage of the quantitative portfolio management process. It enables clients to view predictive risk characteristics such as Tracking Error, Beta, and Value-at- Risk and study exposures to gain insight into the sources of portfolio risk and examine the trends with robust time-series charting.

Describing on FactSet’s core strength, Snow says, “Our more than 8,000 global employees are central to our ability to deliver the best insight and information to our clients around the world and this reinforces our commitment to ensuring FactSet truly is a great place to start and build a career.”

The company has also recently formed alliance with QUICK Corp, the leading vendor of integrated information in Japan. For the days to come, FactSet will continue to capitalize on opportunities by adding 30 new clients and expanding its global footprint.