FactSet Acquires idaciti, Inc.
12 Julho 2023 - 9:00AM
FactSet (NYSE: FDS | NASDAQ: FDS), a global financial digital
platform and enterprise solutions provider, announced the
acquisition of idaciti, Inc. (“idaciti”), an innovator in data
structuring and collection technology. This acquisition expands on
FactSet’s multi-year investment program to digitally transform its
content collection infrastructure. It also accelerates
time-to-market for delivering critical data sets upon which
next-generation workflows are built. The transaction closed on July
11, 2023 and is not expected to have a material impact on FactSet’s
fiscal 2023 results.
“FactSet is committed to increasing not only the
coverage and depth of our core proprietary content, but also the
granularity of data collected, particularly across Deep Sector and
sustainability, where we are seeing strong client demand and
opportunity for differentiation,” said John Costigan, Executive
Vice President and Chief Data Officer, FactSet. “We are excited to
work with the idaciti team and will continue investing to scale
FactSet’s content refinery to provide the most comprehensive and
connected inventory of client, proprietary, and third-party
content.”
Founded in 2015, idaciti applies a
“taxonomy-first” approach to structuring information from company
disclosures, regulatory filings, and proprietary document
repositories. It has combined this expertise with machine
learning-assisted technology to capture and standardize data at an
exceptional level of granularity, quality, and speed. The platform
uses a modern collection workflow for both structured and
unstructured content to connect data discovery, normalization, and
quality assurance in a single, iterative process.
“We are delighted to become a part of FactSet,
given the strong cultural fit and shared purpose to unlock the
power of data and insight,” said Emily Huang, Co-Founder and CEO,
idaciti. “Combining with FactSet will amplify and scale the use of
idaciti’s cutting-edge technology to help the investment community
uncover new insights with increasing speed, accuracy, and
efficiency.”
About FactSet
FactSet (NYSE:FDS | NASDAQ:FDS) helps the
financial community to see more, think bigger, and work better. Our
digital platform and enterprise solutions deliver financial data,
analytics, and open technology to over 7,500 global clients,
including over 185,000 individual users. Clients across the
buy-side and sell-side as well as wealth managers, private equity
firms and corporations, achieve more every day with our
comprehensive and connected content, flexible next-generation
workflow solutions, and client-centric specialized support. As a
member of the S&P500, we are committed to sustainable growth
and have repeatedly scored 100 on the Human Rights
Campaign® Corporate Equality Index and been recognized amongst the
Best Places to Work in 2023 by Glassdoor as a Glassdoor Employees’
Choice Award winner. Learn more at www.factset.com and follow us
on Twitter and LinkedIn.
FactSet
Investor Relations Contact:Kendra
Brown+1.203.810.2684kbrown@factset.com
Media Relations Contact:Megan
Kovach+1.512.736.2795megan.kovach@factset.com
FactSet Research Systems (NYSE:FDS)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024
FactSet Research Systems (NYSE:FDS)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024