SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                     FORM 4

                  Statement of Changes in Beneficial Ownership

Filed pursuant to section 16(a) of the Securities  Exchange Act of 1934, Section
17(a)  of the  Public  Utility  Holding  Act of 1935  or  Section  30(f)  of the
Investment Company Act of 1940


1)       Name and Address of Reporting Person:

         Wong, Ernest S.
         FactSet Research Systems Inc.
         One Greenwich Plaza
         Greenwich, CT 06830


2)       Issuer Name and Ticker or Trading Symbol:

         FactSet Research Systems Inc. (FDS)


3)       IRS Number of Reporting Person, if an entity (voluntary)


4)       Statement for Month/Year:

         March 1999


5)       If Amendment, Date of Original (Month/Year):

         N/A


6)       Relationship of Reporting Person to Issuer:

         ( )  Director      (X) Officer (give title below*)       ( )  10% Owner

         ( )  Other (specify below)
          * Senior Vice President, Chief Financial Officer and Secretary

7)       Individual or Joint/Group Filing (Check Applicable Line)        

          (X)  Form filed by one reporting person

          ( )  Form filed by more then one reporting person                     

TABLE I -NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED 1. Title of Security 2. Transaction Date 3. Transaction Code 4. Securities Acquired (A) or Disposed (D) ------------------------- ----------------------------------------- Code V Amount (A) or (D) Price - -------------------- ------------------- ------------------------- ----------------------------------------- FactSet Research Systems Inc. February 1, 1999 A N/A 181 A Common Stock 5. Amount of Securities Beneficially Owned at End of Month 8,486 6. Ownership Form: Direct (D) or Indirect (I) D 7. Nature of Indirect Beneficial Ownership N/A

TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (e.g. , puts, calls, warrants, options, convertible securities) 1. Title of 2. Conversion of 3. Transaction 4. Transaction 5. Number of Derivative Derivative Exercise Price Date Code Securities Acquired (A) Security of Derivative or Disposed (D) Security - ------------- ----------------- -------------- ---------------- ------------------------- Code V (A) (D) ---------------- ------------------------- Stock Options 38.8125 March 29, 1999 A N/A 10,000 6. Date Exercisable and Expiration Date (Month/Day/Year) 20% option grant exercisable on March 29th, 2000, 2001, 2002, 2003, and 2004; Expiration Date: March 28, 2009 7. Title and Amount of Underlying Securities FactSet Research Systems Inc. Common Stock - 10,000 shares 8. Price of Derivative Security N/A 9. Number of Derivative Securities Beneficially Owned at End of Month 72,944 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) D 11. Nature of Indirect Beneficial Ownership N/A Explanation of Responses: N/A Signature of Reporting Person Dated: April 9, 1999 /s/ Ernest S. Wong --------------------------------------- Ernest S. Wong