Bloomberg Terminal vs. FactSet

Bloomberg Terminal

Bloomberg Terminal

47 Reviews and Ratings

FactSet

43 Reviews and Ratings

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
Bloomberg Terminal	Score 8.7 out of 10	N/A	Sitting 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	Score 7.9 out of 10	N/A	FactSet is a provider of financial data and analytic applications for investment management and investment banking professionals.	N/A

Pricing

Bloomberg Terminal

FactSet

Editions & Modules

No answers on this topic

No answers on this topic

Offerings

Pricing Offerings
Bloomberg Terminal	FactSet
Free Trial
No	No
Free/Freemium Version
No	No
Premium Consulting/Integration Services
No	No

Entry-level Setup Fee

No setup fee

No setup fee

Additional Details

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More Pricing Information

Community Pulse
	Bloomberg Terminal	FactSet
Considered Both Products	Bloomberg Terminal Verified User Strategist 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 Helpful?	FactSet No answer on this topic
Top Pros	No answers on this topic	Pro Easy to customize Pro Easy to run Pro Easy to generate
Top Cons	No answers on this topic	Minus Setting up Minus Sized companies Minus Quite slow

Best Alternatives
	Bloomberg Terminal	FactSet
Small Businesses	No answers on this topic	No answers on this topic
Medium-sized Companies	S&P Capital IQ Score 7.8 out of 10	S&P Capital IQ Score 7.8 out of 10
Enterprises	S&P Capital IQ Score 7.8 out of 10	S&P Capital IQ Score 7.8 out of 10
All Alternatives	View all alternatives	View all alternatives

User Ratings
	Bloomberg Terminal	FactSet
Likelihood to Recommend	10.0 (1 ratings)	9.4 (4 ratings)
Likelihood to Renew	- (0 ratings)	10.0 (1 ratings)
Support Rating	- (0 ratings)	7.0 (1 ratings)

User Testimonials
	Bloomberg Terminal	FactSet
Likelihood to Recommend	Bloomberg Depending on which area of the finance sector you may work in, the Bloomberg Terminal will have plenty of helpful functionality for you. Two specific scenarios for myself in the Structured Finance area are tracking the pricing benchmark and following outstanding deals in the market. You can follow progress of the deals, how well they are advancing, and final pricing details Incentivized Verified User Anonymous Read full review	FactSet Integration with MS Powerpoint is one of my first recommendations, it is an advance to be able to integrate FactSet with other products to be able to expand the capacity of accounting departments. The scalability of FactSet is amazing and is related to its integration plugins. The ROI achieved through FactSet also continues to motivate me to recommend it. Incentivized Jesica Danie Moore Senior Account Manager Read full review
Pros	Bloomberg Communicating with investors, banks, partners, etc Tracking key market metrics Monitoring existing and previous structured finance deals Incentivized Verified User Anonymous Read full review	FactSet curating outside in intelligence enabling account plans target addressable market estimation competitors tracking value proposition pitching RFP deal support Incentivized AK Avishek Kumar General Manager Read full review
Cons	Bloomberg Visual user interface A lot of functionality, need tutorials and lessons to narrow down Expensive! Some information may be delayed Incentivized Verified User Anonymous Read full review	FactSet Faster load time API integration Incentivized Verified User Anonymous Read full review
Likelihood to Renew	Bloomberg No answers on this topic	FactSet The technical support motivates us to continue using FactSet, we will not stop using the advantages that this software offers us. Incentivized Vee Larsen Temmel Accountant Read full review
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 Verified User Anonymous Read full review
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 Verified User Anonymous Read full review	FactSet Global Data, AlphaSense, Hoovers, S&P, etc. Incentivized AK Avishek Kumar General Manager Read full review
Return on Investment	Bloomberg Appropriate pricing of deals due to market comparisons Instant communication with key stakeholders Top and quick newsbreaks Incentivized Verified User Anonymous Read full review	FactSet High quality sales pitches stress tested competitive revenue models outside in views for all selling and marketing stakeholders Incentivized AK Avishek Kumar General Manager Read full review
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