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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Bloomberg Terminal

    Score8.3 out of 10
    N/ASitting on the desks of 325,000 of the world’s most influential decision makers, the Bloomberg Terminal is a modern icon of financial markets. Launched in 1981, long before PCs and the internet became ubiquitous, the Bloomberg Terminal connected market participants to data, analytics and information-delivery service.N/A

    FactSet Workstation

    Score8.5 out of 10
    N/AThe FactSet Workstation is a dynamic platform designed to empower financial professionals with seamless data access, advanced analytics, and technology. Integrating over 800 data sources across asset classes and markets, it consolidates crucial insights and elevates decision-making. Its AI-powered tools include smart search and chat features. The workstation simplifies complex workflows, enabling users to uncover insights quickly and improve collaboration. From research and portfolio…N/A

    Quid

    Score4.8 out of 10
    Enterprise companies (1,001+ employees)
    Quid supports AI-driven consumer and market intelligence. Their Generative AI provides organizations with a holistic insight into customer context. Beyond capturing data, Quid enables organizations to see data through the lens of the future. By moving beyond data analysis, Quid predicts future trends, bridging data collection with predictive accuracy. Quid states its customers currently include companies like Ogilvy, T-Mobile, Lufthansa, and Walmart, who use Quid for an in-depth understanding of…N/A
    Pricing
    Bloomberg TerminalFactSet WorkstationQuid
    Editions & Modules
    No answers on this topic
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Bloomberg TerminalFactSet WorkstationQuid
    Free Trial
    NoYesNo
    Free/Freemium Version
    NoNoNo
    Premium Consulting/Integration Services
    NoYesYes
    Entry-level Setup FeeNo setup feeRequiredRequired
    Additional Details
    More Pricing Information
    Community Pulse
    Bloomberg TerminalFactSet WorkstationQuid
    Considered Multiple Products
    Bloomberg
    Chose Bloomberg Terminal
    FactSet has a more user friendly interface in my opinion. It's easier from a data management stand point as well. It's also quite a bit cheaper than a Bloomberg Terminal. Still, Bloomberg Terminal is much better for front office trading and portfolio management. And again, the …
    Incentivized
    Chose Bloomberg Terminal
    Bloomberg Terminal offers the most features and is a one-stop tool
    Incentivized
    Chose Bloomberg Terminal
    While there are a lot of competitive services in the marketplace, each good in its own right, the Bloomberg Terminal is considered the top product. It has key fast information and can help individuals make fast decisions. It also has a top-tier support desk that can answer …
    Incentivized
    FactSet
    Chose FactSet Workstation
    Product is magnitudes more affordable and provides 80% of the functionality that Bloomberg has and is working to build out the remaining. The workstation is more user friendly than bloomberg but still not perfect. Not as robust as a Bloomberg Terminal and doesn't have the …
    Incentivized
    Chose FactSet Workstation
    FactSet Workstation is cheaper than Bloomberg which is primarily one of the reasons why it might be popular. Bloomberg is still the gold standard for access to information and data.
    Incentivized
    Chose FactSet Workstation
    It has a much better price. I dont need everything that Bloomberg provides. FactSet Workstation gives me what i need.
    Incentivized
    Chose FactSet Workstation
    Bloomberg has more info/data than FactSet Workstation which I pointed out earlier. To be fair, I believe Bloomberg is more expensive.

    Refinitiv - I have used Thomson Reuters Eikon in the past and I did not like the inflexible interface, FactSet Workstation is much more …
    Incentivized
    Chose FactSet Workstation
    As mentioned, believe it is a much stronger offering that CapIQ. Bloomberg is a better tool for credit and the messaging features, but cost prohibitive. We found that for research tasks FactSet Workstation is more than a good enough option, although we do supplement with a …
    Incentivized
    Chose FactSet Workstation
    Bloomberg has the most data / content but is too expensive, while Eikon has the least. FactSet Workstation and Capital IQ were comparable in price but FactSet Workstation had broader data coverage.
    Incentivized
    Chose FactSet Workstation
    Bloomberg was very difficult to use, DOS like
    Incentivized
    Chose FactSet Workstation
    Bloomberg does a much better job at alerts and proprietary news coverage. Charting is also much more intuitive with Bloomberg. It's also very easy to trade directly through Bloomberg instead of using an OMS. FactSet's pricing is more competitive than Bloomberg and FactSet is …
    Incentivized
    Chose FactSet Workstation
    PitchBook is better for private company data and getting contacts. It is also more useful for capital raises and data
    AlphaSense is great for more targeted searches which FactSet is very bad at. FactSet often makes it hard to do searches and then once you get to a specific …
    Incentivized
    Quid
    No answer on this topic
    Key User Insights
    Would buy again
    100%
    Would buy again
    5 Answers
    100%
    Would buy again
    16 Answers
    No answers on this topic
    Delivers good value for the price
    80%
    Delivers good value for the price
    4 Answers
    100%
    Delivers good value for the price
    15 Answers
    No answers on this topic
    Happy with the feature set
    100%
    Happy with the feature set
    5 Answers
    94%
    Happy with the feature set
    15 Answers
    No answers on this topic
    Lived up to sales and marketing promises
    No answers on this topic
    92%
    Lived up to sales and marketing promises
    12 Answers
    No answers on this topic
    Implementation went as expected
    No answers on this topic
    100%
    Implementation went as expected
    11 Answers
    No answers on this topic
    Features
    Bloomberg TerminalFactSet WorkstationQuid
    Financial Research
    Comparison of Financial Research features of Bloomberg Terminal and FactSet Workstation and Quid
    Feature
    Bloomberg Terminal
    6.7
    4 Ratings
    9% below category average
    FactSet Workstation
    6.6
    13 Ratings
    11% below category average
    Quid
    -
    Ratings
    Private Company Data4.84 Ratings4.710 Ratings00 Ratings
    Industry-Specific Information7.84 Ratings6.913 Ratings00 Ratings
    Independent Research Access6.24 Ratings6.912 Ratings00 Ratings
    M&A Analysis5.73 Ratings6.210 Ratings00 Ratings
    Supply Chain Data6.34 Ratings6.08 Ratings00 Ratings
    ESG Data6.33 Ratings6.29 Ratings00 Ratings
    Credit Ratings Reports7.33 Ratings00 Ratings00 Ratings
    Macroeconomic News8.73 Ratings7.813 Ratings00 Ratings
    Search Tools7.24 Ratings7.813 Ratings00 Ratings
    Best Alternatives
    Bloomberg TerminalFactSet WorkstationQuid
    Small Businesses
    No answers on this topic
    No answers on this topic
    No answers on this topic
    Medium-sized Companies
    S&P Capital IQ
    Score7.5 out of 10
    S&P Capital IQ
    Score7.5 out of 10
    No answers on this topic
    Enterprises
    S&P Capital IQ
    Score7.5 out of 10
    S&P Capital IQ
    Score7.5 out of 10
    No answers on this topic
    All AlternativesView all alternativesView all alternativesView all alternatives
    User Ratings
    Bloomberg TerminalFactSet WorkstationQuid
    Likelihood to Recommend
    8.3
    (5 ratings)
    8.5
    (17 ratings)
    7.0
    (111 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    10.0
    (2 ratings)
    8.1
    (87 ratings)
    Usability
    7.3
    (4 ratings)
    7.1
    (13 ratings)
    9.0
    (13 ratings)
    Performance
    -
    (0 ratings)
    -
    (0 ratings)
    9.5
    (6 ratings)
    Support Rating
    -
    (0 ratings)
    7.0
    (1 ratings)
    9.1
    (11 ratings)
    Implementation Rating
    -
    (0 ratings)
    -
    (0 ratings)
    9.6
    (4 ratings)
    Configurability
    -
    (0 ratings)
    -
    (0 ratings)
    8.5
    (5 ratings)
    User Testimonials
    Bloomberg TerminalFactSet WorkstationQuid
    Likelihood to Recommend
    Bloomberg
    Well-suited as a monitoring tool for market prices, economic indicators, and news. Less appropriate for fundamental research and analysis. Other tools, such as AlphaSense and Visible Alpha, are better/more user-friendly for research usage or manipulation of financial statements, either because the platform itself is easier to use or because the Excel add-in function is simpler, less confusing.
    Incentivized
    Read full review
    FactSet
    FactSet works for all my IR needs. I do not see a function for which I use it for that it would be less appropriate. I believe that the tool's efforts towards becoming more integrated with AI are strong and that in time the Mercury offering will be just as competitive as some of the other AI offerings out there today such as AlphaSense
    Incentivized
    Read full review
    Quid
    In my use of [NetBase] Quid, I found the tool particularly suitable for curating pertinent content. It allowed me to develop more comprehensive analysis at a larger scale, all while substantially reducing the amount of research time needed. It is also a plus that [NetBase] Quid is delivered as a web app. I did some of my [NetBase] Quid work on a low-end Chromebook without issues.
    Read full review
    Pros
    Bloomberg
    • EMSX
    • Graph
    • port
    Incentivized
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    FactSet
    • Easy/clear UI for navigation
    • Easily find and sort through financial filings to get to the data
    • Document search functionality seems to be improving consistently with more robust features
    Incentivized
    Read full review
    Quid
    • Their NLP is very strong with the ability to distinguish subject in sentences and then apply analysis based on either the subject or sentence. Competitors lack strong NLP and often have lower degrees of accuracy.
    • The platform is highly flexible with dozens of ways to filter and cut the data. It is great for an analyst that really wants to deep dive into the data. However, the analysis done automatically by NetBase is also strong enough that less experienced users would still be able to gain insight with ease.
    • The customizable dashboards are perfect for client reporting and drastically reduce the amount of time spent preparing recurring reports and decks. These are also very flexible depending on reporting needs.
    Incentivized
    Read full review
    Cons
    Bloomberg
    • Limiting data use
    • Cost of Bloomberg Terminal
    • New user on-boarding
    Incentivized
    Read full review
    FactSet
    • The user interface on stock monitor needs work - sometimes I wish to clone the same fields to another tab/watchlist and it appears the best way to do so is recreate it form scratch
    • transcript to be more timely and more accurate
    • on the consensus financial forecast tab, have more segment breakouts like Visible Alpha
    Incentivized
    Read full review
    Quid
    • Dashboards can only currently be exported as PDFs. It would be helpful to have a more read/writable format (eg. PPT) that enables us to combine Netbase's outputs with other sources, or to make them more consistent with our own branding (colours, fonts etc.)
    • The business model revolves around a limited number of login seats. I would like to be able to roll out the tool to make it available/accessible to more people in the business, but the pricing model makes this impractical/uneconomical.
    • Logging out users after a period of inactivity can be frustrating when multitasking/task switching and unsaved work is lost.
    • While Netbase's focus on language processing is its key strength, additional functionality around social analysis (eg. people who follow a brand account, users who talk about X are also likely to talk about Y) is somewhat limited.
    Incentivized
    Read full review
    Likelihood to Renew
    Bloomberg
    No answers on this topic
    FactSet
    We need the FactSet data and capabilities to complete 75% of the financial analyses that we complete for both internal and external purposes. It is invaluable and I am not aware of any other provider that would be able to fill this gap that FactSet does
    Incentivized
    Read full review
    Quid
    We've had a good experience using the tool and have invested quite a bit of time training the internal team on how to get the most benefit out of it. There would need to be a compelling reason or business case to port over all of our existing topics and tool know-how to another platform.
    Incentivized
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    Usability
    Bloomberg
    Easy to use but need to know commands
    Incentivized
    Read full review
    FactSet
    It does everything I need. It is pretty user friendly and easy to work with whatever technology interface I am using (desk top, notebook, tablet, or mobile phone). I am able to get work done whether I am in the office, at home, or traveling. The user up time is very good. They are rarely doing maintenance when I need to use the platform
    Incentivized
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    Quid
    Very simple to use, quick to pick up on the key principles, and a task-centric design (ie. Topics to set up what you want to analyze, Analysis to do the exploration/analysis, and Dashboards to pull results and findings together to generate reports.) All intuitive, drag & drop etc.
    Incentivized
    Read full review
    Performance
    Bloomberg
    No answers on this topic
    FactSet
    No answers on this topic
    Quid
    NetBase constantly updates the platform with features. The platforms ability to analyze complex social listening topics is exceptional. Its fast and gives you the ability to create standardized reports for a quick topic analysis. Additionally, the standard overview tab provides the topic at a glance and assists in quickly identifying areas to further analyze. Great product with excellent support behind it!
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    Support Rating
    Bloomberg
    No answers on this topic
    FactSet
    I think the data delivery could be improved, but it's a good data set.
    Incentivized
    Read full review
    Quid
    Our support contact is always available and will spend all of the time required to make sure our questions are answered.
    Incentivized
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    Implementation Rating
    Bloomberg
    No answers on this topic
    FactSet
    No answers on this topic
    Quid
    We had an internal implementation meeting with the NetBase team as well as a business seat implementation for one of our clients. I would highly recommend having all stakeholders attend an implementation meeting as they can understand the power of this platform.
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    Alternatives Considered
    Bloomberg
    While there are a lot of competitive services in the marketplace, each good in its own right, the Bloomberg Terminal is considered the top product. It has key fast information and can help individuals make fast decisions. It also has a top-tier support desk that can answer questions for you and teach you functionality to apply to your role
    Incentivized
    Read full review
    FactSet
    Product is magnitudes more affordable and provides 80% of the functionality that Bloomberg has and is working to build out the remaining. The workstation is more user friendly than bloomberg but still not perfect. Not as robust as a Bloomberg Terminal and doesn't have the chat/trading features.
    Incentivized
    Read full review
    Quid
    Meltwater took too long to load whenever you had to change keywords, their customer service was not very responsive, and their interface was not very customizeable. We decided to search for a new software company and we invited many companies to present. We selected Netbase after a free trial for reasons stated earlier.
    Incentivized
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    Return on Investment
    Bloomberg
    • The terminal is an important part of our research process. We use the supply chain function for example when researching new companies.
    • The terminal allows us to have a quick overview of past performance for stocks during earnings season (ERN function).
    • The terminal is very good at synthesizing the main industry indicators in the Bloomberg Intelligence functions for each industry.
    Incentivized
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    FactSet
    • hard to quantify, bc i havent brought any new business bc of it, so the ROI would be 0%. I use other systems for proposals.
    • However, I use it for everyday work and equity/fi analysis and portfolio construction research at ticker level, and that part works 100%.
    Incentivized
    Read full review
    Quid
    • Positive - NetBase allows us to quickly gather a high level over view of a topic, which helps for new business pitch and being able to inform the account teams of basic information.
    • Negative - We have to use other tools to gather news, which affects our budget.
    Incentivized
    Read full review
    ScreenShots

    FactSet Workstation Screenshots

    Screenshot of PM Hub, which simplifies portfolio management with tools for building, analyzing, and simulating trades for multi-asset class portfolios and exposures. Users can monitor positions in real time with customizable views, ensure compliance, and execute trades through its integration. Link IRN data to foster deeper collaboration between research analysts and portfolio managers.Screenshot of FactSet Internal Research Notes (IRN), which streamlines research with one connected platform. These can be used to organize, share, and analyze everything from market trends to individual securities. Its AI tools help to boost collaboration, enhance workflows, and drive smarter investment decisions.Screenshot of some of the available information which can used to analyze performance, risk, and attribution across multi-asset portfolios. This integrates portfolio, market, and proprietary data into a single platform to streamline workflows, adapt to market changes, and make confident decisions. From stress testing and scenario analysis to AI-driven insights, FactSet provides tools to strengthen portfolio resilience, uncover drivers of performance, and foster collaboration with customizable reports and data sharing.Screenshot of a display of all accounts in one personalized dashboard. Viewers can analyze top positions, spot trends with proprietary signals, and track market-moving events. Access summary stats like total market value and asset allocation across an entire book or by household and strategy.Screenshot of FactSet’s proprietary news, which delivers real-time, focused market insights across regions like the U.S., Canada, Europe, and Asia-Pacific. From stocks to sectors to broad markets, StreetAccount simplifies updates to cut through the clutter. This critical news is available anytime via the Workstation, web, email, app, or API.Screenshot of one of FactSet's unique datasets, Geographic Revenue (GeoRev), used to quickly understand a company's revenue exposure in countries impacted by geopolitical, macroeconomic, and market risk through a highly structured and normalized display of companies' revenues by geography.