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How did FactSet get started?

FactSet was founded by Howard Wille and Chuck Snyder in 1978. Their partnership began in 1977 when the two were working on Wall Street at Faulkner, Dawkins & Sullivan. As computers became more prominent at the end of the 1970s, Wille and Snyder thought that the industry was changing.

How much is FactSet subscription?

Bloomberg Terminals cost firms about $24,000 per year per seat while the fully-loaded Eikon system from Thomson Reuters costs around $22,000 annually, the bank says. Then there's FactSet's data, which costs around $12,000 a year and S&P's Capital IQ offerings total $7,500.

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