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NORWALK, Conn., Dec. 19, 2010 (GLOBE NEWSWIRE) -- FactSet Research Systems Inc. (NYSE:FDS) (Nasdaq:FDS), a leading provider of financial information and analytical applications to the global investment community, has expanded its global presence with the opening of a Dubai office. Dubai joins FactSet's network of 24 offices around the world, including New York, London, Paris, Mumbai, and Hong Kong. FactSet and local clients commemorated the office's opening with a celebration at the Capital Club in Dubai.
"This is an exciting venture in a growing region," says Bobby Rakhit, Managing Director, FactSet (UAE) LLC. "We feel confident our product is well positioned for investment professionals in the Middle East. With the new office, we can look forward to expanding our presence in the local investment community."
Located in the East Wing of The Gate Building at the Dubai International Financial Centre and staffed with an experienced FactSet Sales and Consulting team, the new office gives financial professionals in Middle Eastern-based companies local access to FactSet's industry-leading client service, powerful financial analytics, and the broadest scope of data available.
The FactSet Workstation seamlessly integrates market data, prices, financials, earnings estimates, research reports, and news in one customizable platform. Users can analyze companies, portfolios, and markets with tools personalized for their workflow, as well as within Microsoft Office applications. Customized content and displays are available everywhere, with access to FactSet from any internet-ready computer or on-the-go with mobile applications for the BlackBerry, iPhone, iPad, or Nokia devices.
Specifically for the Middle East, FactSet offers a comprehensive toolset for quantitative research, performance and risk. "I believe our cutting edge performance and quantitative tools combined with our local client support will help our clients achieve more insight and greater returns in MENA and global markets," says Rakhit.
FactSet (NYSE:FDS) (Nasdaq:FDS) combines integrated financial information, analytical applications, and client service to enhance the workflow and productivity of the global investment community. The company, headquartered in Norwalk, Connecticut, was formed in 1978 and now conducts operations along with its affiliates from more than twenty-four locations worldwide. Follow FactSet on Twitter at
CONTACT: FactSet Research Systems Inc.