Factset Research Systems Inc Q2 2021 Earnings Call Summary

The following is excerpted from the question-and-answer section of the transcript.

Question: Andrew Owen Nicholas - William Blair & Company L.L.C., Research Division - Analyst : It seems like there's been quite a bit of M&A in the portfolio management space, particularly of late. And so I'm wondering if you could update us on how you're thinking about your product suite there, how it stacks up competitively? And whether there are any product gaps or opportunities that you'd like to address in the near to medium term, whether it's organically or via M&A?

Question: Andrew Owen Nicholas - William Blair & Company L.L.C., Research Division - Analyst : Yes, that and just the portfolio management kind of technology space as well and how that kind of -- if other players are kind of moving up the chain or adding pieces to their suite, if that's changed, how your offering stacks up competitively?

Question: Andrew Owen Nicholas - William Blair & Company L.L.C., Research Division - Analyst : Okay. And on...

Question: Andrew Owen Nicholas - William Blair & Company L.L.C., Research Division - Analyst : Got it. Got it. That's all very helpful. And then for my follow-up, and variations of this question have been asked and you've answered some of them. I guess I'm just wondering, you announced the 3-year investment program in 2019. Obviously, a lot has happened since then. But I'm wondering, given what seems like a bit more stable sales environment, how you're thinking about that high single-digit ASP growth target? I know it was originally estimated to be 2022. But how has that time line evolved or changed? And how are you thinking about that over the next couple of years?