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What is FactSet‘s key IP?

As interfaces move to AI platforms, I was trying to figure out which market data providers have the most proprietary value. I think this may be part of the challenge they are facing.

MSCI = Benchmark/risk models
LSEG = Exchange, RT
S&P = Ratings, Benchmark
Moodys = ratings
Morningtar = stars
BBG = FI content
FactSet = cusip

Besides cusip, is there a proprietary data/analytics set that Factset provides in this new world.


Oracle's True Core is Infra and not Data - Think twice before you plan for long stay

Was chatting with some guys from another company, and this is the deal: Oracle is data-starved. It doesn't hoard any data. They're just a database/infra, not a data goldmine like Amazon, Meta, Google, Apple or LinkedIn.

Our engineering needs are simple: basic text analysis for infra. We aren't running anything complex. The algorithms are straightforward, and any future coding is so basic, it's easily handled by LLMs and junior employees.

You can get by with Oracle for now, but long-term? You've already lost the race.
Oracle doesn't need you anymore. And you shouldn't rely on Oracle anymore.


RTO reporting , Days in office and Hours on internal network

My understanding is there are two Reports
1) Days in office - Badge swipes.
-some buildings do not have a building exit point.

 - Badge point is not sopisticated enough to log a time, only date? 
    Why is it nessisary for them to sift through thousands of IPs/machine names to   determine 'time in office'?  previously they were only checking for where an emplyess was logged in if they wanted to scrutinize the emploee.

2) Hours in office - network IP and user login

  • many emplyees share a computer. one user could be logged in over night.
    • Considering that may employees share a computer the logged in user or lan id needs to be determined. How is that being done? Probaby by the spyware.

I belive two major flaws exist:
They are sitting on a metric ton of data.
No way to pull meaning reports due to inaccurant data.

So many flaws in these reporting methods. It almost begs to gamed.


Gainwell WFM

Hiiii everyone! I am seeing a lot of negative comments about their managers and their customer service and such, I wonder if anyone has ever worked on the corp side? Like the workforce management/Data Analyst side? I am not see any complaints about those roles and I am looking to set up an interview in the next few days, so I want to be prepared.


Teradata: Still Crushing Data

Teradata’s still a beast in the data world we're decades in and still running some of the biggest workloads out there. Shifting from an appliance based company to a Cloud, hybrid, real-time analytics, we can't stop winning. The direction of vantage is strong

And about the chatter this week yeah, there are some cuts, but it’s mostly performance trimming, the kind of thing every big tech shop does. Look at Google, Meta, Amazon, and even Qualcomm. We can support our laid off coworkers and still appreciate what we have here. Teradata skills are transferrable anywhere. The core product teams surrounding vantage aren’t going anywhere, and the tech is as strong as ever.

Teradata isn’t slowing down. The platform is rock solid, and that’s why the biggest players keep trusting it!


DB org lay off rates by age group

Data the Oracle OWBPA (Older Workers Benefit Protection Act) disclosure reveals a steep increase in the layoff rate beginning at age 60 in the DB group. Here are the percentage of people laid off by age group.

Age Band Pct Laid Off
20-24 4%
25-29 10%
30-34 6%
35-39 11%
40-44 8%
45-49 9%
50-54 10%
55-59 10%
60-64 21%
65-69 26%
70-74 34%


Does USAA hire any data engineers/analysts who dont need sponsorship? All I see if H1B sponsored internal hires ?

There have been hardly any senior or lead positions open in the data space. Even if something is posted, looks like they are mostly labor filing related openings and you get a response back that you do not meet the expectations. No calls no nothing but just a rejection. This all seems to be internal referrals and 3P conversions or referrals taking up the roles or is it true that there is no need for data related roles at USAA. What's the deal?


Whatever happened to "Big Data" ?

I don't hear much about "Big Data" anymore. Was it a fad? Did brute force processing of big data prove unnecessary? Did business choose and anoint a particular vendor's product or has brute force been replaced by AI?

Viya was originally about massively parallel processing but has the market settled on a solution to that kind of data processing or moved beyond that idea? Technically superior products don't necessarily succeed if others are faster to market or market conditions change, right? What has happened?


I Miss John Gibbons

We will miss John Gibbons. He was the best leader, second to Frank Bisignano, that Fiserv and First Data ever had.

His command and control style along with his deep empathy towards our team makes me sad. Wish we could have a few more years of being locked in the office for 10 hours a day and not delivering any real progress for our clients.

Thank you for all that you did for us. We Love You.


This is not good

(Bloomberg) -- Hiring plans fell to the weakest level for any August on record and intended job cuts mounted amid broader economic uncertainty, according to outplacement firm Challenger, Gray & Christmas.

US-based companies announced in August plans to add 1,494 jobs, the fewest for the month in data going back to 2009. Of the 30 industries tracked by Challenger, hiring plans were concentrated in aerospace and defense, industrial goods and retail.

Announced job cuts jumped from a year ago to almost 85,980 and marked the largest August total since 2020. Excluding the impact of the pandemic, the number was the highest for any August since the Great Recession in 2008.

https://www.bloomberg.com/news/articles/2025-09-04/us-hiring-intentions-pull-back-while-job-cut-announcements-rise


Sep05 layoff totals

September 05, last 24h layoffs total: 187, none in American timezones.

September totals, except Sep01: 4025

Methodology: tracking #general Slack channel participants count, since typically access is cut right away and you can see it immediately in Slack.


Recover personal data on laptop

Unfortunately I had some personal files on my laptop that are now lost as my system got switched off right away. I had copied over to a drive but since it was connected to the laptop when it shut down, the drive got encrypted as well.
Anyone knows if Oracle will be kind enough to give me a chance to recover my data? This su-ks more than being laid off honestly.


AT&T Breached Again: 🤦🏽‍♂️

AT&T seems breached again, the hacker is selling access to 24 million users' data – are you one of those?

If you've got $100,000 – but strictly in crypto – you could buy access to the carrier's infrastructure, the offering claims.

By Sebastian Pier
PUBLISHED: SEP 03, 2025, 3:45 AM

https://www.phonearena.com/news/at-t-is-it-breached-again_id173750

Is AT&T going to be sued and fined for neglecting its users' private data? Or is it going to settle to pay out compensations to numerous users again, like it recently did?

This could very well happen, if another AT&T breach occurs – and SOCRadar's Dark Web Team has come across a new listing on the dark web that advertises what is described as unauthorized access to AT&T's internal systems.

Dark Web Offers Exploits, AT&T Access, Ledger Scam Kit, and 100K Stolen Cards

SOCRadar’s Dark Web Team has identified a new wave of underground activity involving high-value exploits, access, and data leaks. Threat actors are advertising an alleged Android 0-day affecting versions 11 through 15, persistent unauthorized access to AT&T’s core infrastructure, and a dump of over 100,000 credit cards from multiple countries. Additionally, a new scam page targeting Ledger wallet users has been leaked, suggesting broader phishing campaigns targeting the crypto community.

https://socradar.io/dark-web-offers-exploits-att-access-ledger-scam-kit-and-100k-stolen-cards/


quick update

Mutual of America Financial Group Data Breach – Investigated by Federman & Sherwood
Oklahoma City, Oklahoma (August 22, 2025) – The law firm of Federman & Sherwood announces that it is investigating a data breach involving Mutual of America Financial Group, which recently filed a notice of data breach with the Attorney General of California.

According to the company’s notice, on July 22, 2025, Mutual of America inadvertently.


Ransom

AT&T Wireless: In April 2024, hackers affiliated with ShinyHunters hacked AT&T Wireless and stole data on over 110 million customers. In May, AT&T paid a $370,000 ransom to one of the group's members to delete the data


LAYOFF DATA BREAKDOWN

For those who have already taken AEOI, EOI, or been laid off, I understand that you receive a list showing some demographic info about those who have left CVX.

I’m curious if that info show the location of the employees. Especially for those who were laid off, I would love to see the breakdown by San Ramon vs. Houston. I am starting to think that San Ramon employees have been unfairly targeted for layoff (so, given similar candidates, the Houston employee is the one selected).