Latest FactSet Research Systems News: Finextra Research

FactSet agrees to buy ESG data firm TruValue

Financial analytics vendor FactSet has agreed to buy AI-driven environmental, social, and governance (ESG) data outfit Truvalue Labs. Financial terms of the deal were not disclosed.

20 October 2020

/cloud

FactSet partners AWS to bring ticker plant to the cloud

Financial analytics vendor FactSet is migrating its real-time ticker plant to Amazon Web Services (AWS).

09 September 2020

/regulation

Bloomberg and Thomson Reuters lose market share to smaller rivals

Global spending on financial market data, analysis and news topped $28 billion in 2017, with Bloomberg and Thomson Reuters both losing market share to smaller, cheaper rivals.

22 March 2018

/retail

FinTech Sandbox lets startups play with data for free

A new non-profit programme offering fintech startups free access to data feeds and APIs from providers such as Thomson Reuters and Xignite is gearing up for launch later this month.

02 March 2015

/wholesale

Bloomberg leads the way as market data spending sees modest growth

Global spending on market data and analysis rose a modest 2.34% in 2012, with Bloomberg narrowly beating out rival Thomson Reuters to gain the biggest slice of the pie, according to a report from Burton-Taylor International Consulting.

15 March 2013

/wholesale

Data compression firm files patent infringement suits against banks and exchanges

A US firm specialising in data compression has filed lawsuits against a host of investment banks, stock exchanges and financial news and data outfits, accusing them of patent infringement.

29 July 2009

/wholesale

FactSet to take on Thomson Fundamentals database

Financial analytics vendor FactSet Research Systems is to acquire a copy of the Thomson Fundamentals database from Thomson Reuters.

23 April 2008

/retail

Strong gains offset first week fall for Thomson Reuters

The Finextra50 Financial Technology Index rose last week despite the newly-merged Thomson Reuters - now the index's largest constituent - sliding in its first week of trading. Fiserv, Cognizant, Factset and Indian fintech stocks all performed well to help the index close Friday up 3.7% to 86.67.

21 April 2008

/retail

Orc hit by downgrade as Factset rises on positive Q2

The Finextra50 Financial Technology Index held steady at 83.49 last week. Orc Software led the fallers, dropping almost 18% after analysts downgraded the company based on exposure to the weak US dollar. Factset Research Systems led the gainers after reporting second quarter earnings and reassuring the market that Bear Stearns was not a major client of the firm.

25 March 2008

/retail

Finextra50 flat despite gains in Indian fintech stocks

The Finextra50 Financial Technology Index finished the week down .01% to 95.35, as the recently volatile US and European markets remained fairly steady. I-flex, 3i Infotech and Mphasis in India all posted significant gains, while only Linedata, Nucleus Software and Fiserv dropped by more than 3%.

03 September 2007

/retail

Finextra50 dips slightly to 100.18

European share prices fell again last week, weighed down by banking stocks, while the US markets were down by less than one percent. The Finextra50 closed down 1.48%, with small falls across many index constituents offset by some impressive gains from Chordiant Software, EDB Business Partner and Factset Research.

25 June 2007

/regulation

Finextra launches Finextra50 fintech index

The Finextra50 Financial Technology Index is a free-float value weighted index of the world's leading companies that provide technology-based products and services to the financial services industry. It was set at an indexed value of 100 at market close on Friday 4th May 2007. Our weekly update on the index's movements will provide a framework for analysing trends in the financial technology market, particularly vendor consolidation - a trend that shows no sign of slowing down.

11 May 2007

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