VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

Stock Comparison

FactSet Research Systems Inc. vs SS&C Technologies Holdings, Inc.

Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.

FactSet Research Systems Inc.

FDS · New York Stock Exchange

Market cap (USD)$8.5B
Gross margin (TTM)51.9%
Operating margin (TTM)31.2%
Net margin (TTM)24.5%
SectorFinancials
IndustryFinancial - Data & Stock Exchanges
CountryUS
Data as of2026-05-27
Moat score
72/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into FactSet Research Systems Inc.'s moat claims, evidence, and risks.

View FDS analysis

SS&C Technologies Holdings, Inc.

SSNC · NASDAQ

Market cap (USD)$15.8B
Gross margin (TTM)48%
Operating margin (TTM)23.2%
Net margin (TTM)12.7%
SectorTechnology
IndustrySoftware - Application
CountryUS
Data as of2026-01-11
Moat score
68/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into SS&C Technologies Holdings, Inc.'s moat claims, evidence, and risks.

View SSNC analysis

Comparison highlights

  • Moat score gap: FactSet Research Systems Inc. leads (72 / 100 vs 68 / 100 for SS&C Technologies Holdings, Inc.).
  • Segment focus: FactSet Research Systems Inc. has 3 segments (65.3% in Americas); SS&C Technologies Holdings, Inc. has 3 segments (82.3% in Software-enabled services).
  • Moat breadth: FactSet Research Systems Inc. has 5 moat types across 3 domains; SS&C Technologies Holdings, Inc. has 7 across 4.

Primary market context

FactSet Research Systems Inc.

Americas

Market

Americas financial market data, analytics, workstations and enterprise data solutions

Geography

North, Central and South America

Customer

Institutional asset managers, wealth managers, bankers, asset owners, hedge funds, private equity, corporate users and market-infrastructure partners

Role

Subscription data, analytics, workstation, portfolio, enterprise data, API and identifier provider

Revenue share

65.3%

SS&C Technologies Holdings, Inc.

Software-enabled services

Market

Software-enabled outsourcing and subscription services for financial services and healthcare (fund administration, transfer agency, middle/back office BPO, managed IT)

Geography

Global

Customer

Financial services firms (asset/wealth managers, alternative managers, banks, insurers) and healthcare payers/administrators

Role

Service provider / outsourcer (SaaS + BPO)

Revenue share

82.3%

Side-by-side metrics

FactSet Research Systems Inc.
SS&C Technologies Holdings, Inc.
Ticker / Exchange
FDS - New York Stock Exchange
SSNC - NASDAQ
Market cap (USD)
$8.5B
$15.8B
Gross margin (TTM)
51.9%
48%
Operating margin (TTM)
31.2%
23.2%
Net margin (TTM)
24.5%
12.7%
Sector
Financials
Technology
Industry
Financial - Data & Stock Exchanges
Software - Application
HQ country
US
US
Primary segment
Americas
Software-enabled services
Market structure
Oligopoly
Oligopoly
Market share
5.5%-6.5% (implied)
n/a
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
72 / 100
68 / 100
Moat domains
Demand, Network, Supply
Demand, Supply, Legal, Network
Last update
2026-05-27
2026-01-11

Moat coverage

Shared moat types

Data Workflow LockinInteroperability Hub

FactSet Research Systems Inc. strengths

Procurement InertiaStandards RegistryOperational Excellence

SS&C Technologies Holdings, Inc. strengths

Scale Economies Unit CostCompliance AdvantageSuite BundlingLong Term ContractsTwo Sided Network

Segment mix

FactSet Research Systems Inc. segments

Full profile >

Americas

Oligopoly

65.3%

EMEA

Oligopoly

24.5%

Asia Pacific

Oligopoly

10.2%

SS&C Technologies Holdings, Inc. segments

Full profile >

Software-enabled services

Oligopoly

82.3%

License, maintenance and related

Oligopoly

17.7%

Funds network connectivity (Calastone)

Oligopoly

n/a

Want the full wide moat stocks list?

Browse the full ranking of wide moat stocks, updated with moat scores and segment context.

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Looking for expansion-stage stocks?

Proven models entering the expansion stage with unit economics that work.

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Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.