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FactSet Research Systems Inc.

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FactSet Research Systems Inc. Reviews (1)

Review: On 8/31/2005 I purchased a license ([redacted]) for software ([redacted] analytically tools for [redacted] from [redacted] Inc. The tool requires activation after installation on any computer. Several times over the next 3 years I was able to re-install the license on new machines (only my own personal and work machines). This required the support of [redacted] to reset the license due to the fact that the add-in restricted the number of machines the tool was installed on. On 1/31/2008 FactSet Research Systems Inc (Public Company traded on the NYSE ticker FDS.N) purchased [redacted] Inc. and merged the company with its own. Following this the Company incorporated [redacted] tool FastTrack into their monthly Fee-based service requiring several thousand dollars per month to use FastTrack (along with their other products). At the same time they discontinued support for the product I purchased on 8/31/2005. Additionally they refuse to allow activation of the product I purchased FastTrack v.3.4e which I own a [redacted] license for (with no additional fees stated in 2005 when I purchased). The product Registration site is still online and many of the links active, however you cannot activate/register the product. (most of the links go directly to www.factset.com)https://[redacted] have called FactSet Research multiple times and cannot get a resolution to the problem. I have been told more than once I will have to sign up for the [redacted] monthly service to gain access to [redacted] (even though I purchased a license in 2005).My invoice that was emailed to me is below:[redacted] INVOICEAccount number: [redacted] Dear [redacted], Thank you for your recent [redacted] purchase. The details of your order are presented below: 1 [redacted] @ $149.99 each = $149.99, discount of $74.99, your total is $75.00 your order has been paid in full. You should receive a separate confirmation for each product you purchased within 24 hours. If this does not occur or if there is an error with any of the information above, please let us know as soon as possible. Thank you once again for your order, and we look forward to hearing from you in the future. Sincerely, The [redacted] Sales Teammailto[redacted]Desired Settlement: I would ONLY like to be able to activate the product that I purchased a license from [redacted] Inc. that is now owned by FactSet Research Systems Inc. without additional monthly fees that were not part of the purchase agreement at time of purchase in 2005. I do not expect continued support for the product, Only that I be able to install it on my computer and activate it. I will be following up with the Company and the Revdex.com until this is resolved.

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Description: Market Research & Analysis, Investment Advisory Service, Financial Services, Business Consultants

Address: 601 Merritt 7 Fl 3, Norwalk, Connecticut, United States, 06851-1091

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