Beware FactSet StreetAccount

Discussion in 'Data Sets and Feeds' started by Tim Smith, Dec 7, 2016.

  1. Tim Smith

    Tim Smith

    Just a note of caution.

    Beware the hidden "price hike" clause in the FactSet StreetAccount contracts.

    The sales reps who originally sold me the contract promised me that the price hike would never happen and that there "has only been one hike in 12 years of Factset's existence".

    Today this turned out to be a fat lie. Got a renewal invoice and bottom line was significant price hike over what was originally agreed.

    Caveat emptor if you're thinking of signing up to FactSet StreetAccount. And if you're a current subscriber, I'd suggest getting in touch early and making sure your sales reps know you've got an eye on them so they don't try to pull a fast one on you !