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| Description | Bloomberg Terminal is an accurate decision-making software that helps investors with their business decisions through accurate data analytics. It is known to deliver a host of best in class tools, like portfolio monitors, desktop applications, charting capabilities, and market alerts that optimises users’ workflow. Also Bloomberg Terminal offers seamless market and securities coverage, along with information about asset classes, ranging from fixed income to foreign exchange and equities to derivatives. Moreover, the software consists of a community of 320,000+ of the world’s most influential decision-makers that users get to communicate and learn from. It also brings efficient customer service teams that are available 24/7 in 160 countries, providing information about analytics, trading capabilities and other areas. Bloomberg Terminal mandates the fingerprint identification method for logging in, to keep the entire system free from fraudulent activities. During an unexpected event that affects normal businesses, the software’s disaster recovery services act as helpful assistants for clients, enabling them to resume operations, no matter where they are located. Read more | FactSet is a wealth management platform that provides investment companies with powerful analytics and data, empowering their environmental, governance and social strategies. The software is also known to offer instant access to comprehensive financial data and analytics that acts as crucial decision-makers. Moreover, advanced tools present within the same allow users to test their ideas, identify opportunities and find a new path forward. They also get to use market-level details through news and quotes. Moreover, with FactSet investors can monitor global markets, gain industry-level insight and research private and public companies through financial, ESG, debt, estimates, research news and other information. Overall, FactSet brings complete front-office solutions, helping investors to meet their evolving workflow needs, whether it’s global portfolio monitoring, company research, multi-asset order or execution management. Intuitive charts and reports found within the particular acts as performance measures as well as characteristics, style and risk detectors for multiple asset classes and portfolios. Read more |
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Comprehensive Financial Data, Real-Time Market Data, In-Depth Company Analysis, Excel Integration High Cost, Steep Learning Curve, Outdated User Interface, Limited Offline Accessibility |
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| Review Summary |
Bloomberg Terminal is lauded for its comprehensive financial data, real-time market information, and robust analytical tools. Users particularly appreciate its speed, efficiency, and the ability to access diverse data sources in one platform. However, they often cite the steep learning curve, outdated user interface, and high cost as drawbacks. While Bloomberg's support team is praised for its responsiveness, some users note inconsistencies in the quality of assistance provided. Overall, Bloomberg Terminal remains a powerful tool for financial professionals, but its user-friendliness and accessibility could be improved. |
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Bloomberg Terminal Custom |
FactSet Custom |
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| Company Details | Located in: New York City, New York | Located in: Norwalk, Connecticut |
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+1 212 318 2000 https://www.bloomberg.com/professional/solution/bloomberg-terminal/ |
1.203.810.1000 |
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