FactSet Buys StreetAccount for ‘Unique' Proprietary Market News
FactSet Research Systems has acquired StreetAccount, a Jackson, WY-based provider of company news and industry datasets, to expand its proprietary news and commentary content.
StreetAccount -- whose data is already distributed exclusively by FactSet -- provides company news and alerts, portfolio and sector filtering capabilities, email alerts on topics and indexes, market summaries, event and earnings calendars, and a database of drug approvals and trials, as well as industry-specific metrics, such as same-store sales, airline traffic and capacity, and telecom and cable subscription metrics.
Goran Skoko, director of product development for market data at FactSet, says the deal is a "natural fit" for FactSet, which is "in line with FactSet's long-term commitment to investing in unique content sets," and will complement existing news content from Dow Jones on its platform.
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