TrustRadius

Bloomberg Terminal vs. IT2

Overview
ProductRatingMost Used ByProduct SummaryStarting 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
IT2
Score 9.0 out of 10
N/A
IT2 is one of the ION Group's numerous treasury management systems, this one showcasing high configurability and customizability of workflow with an emphasis on visibility and interactiveness, supporting automation for a wide variety of financial transactions and instruments and available on cloud or on-premise.N/A
Pricing
Bloomberg TerminalIT2
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Bloomberg TerminalIT2
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
Features
Bloomberg TerminalIT2
Financial Research
Comparison of Financial Research features of Product A and Product B
Bloomberg Terminal
6.7
4 Ratings
9% below category average
IT2
-
Ratings
Private Company Data4.84 Ratings00 Ratings
Industry-Specific Information7.84 Ratings00 Ratings
Independent Research Access6.34 Ratings00 Ratings
M&A Analysis5.73 Ratings00 Ratings
Supply Chain Data6.34 Ratings00 Ratings
ESG Data6.33 Ratings00 Ratings
Credit Ratings Reports7.33 Ratings00 Ratings
Macroeconomic News8.73 Ratings00 Ratings
Search Tools7.34 Ratings00 Ratings
Best Alternatives
Bloomberg TerminalIT2
Small Businesses

No answers on this topic

No answers on this topic

Medium-sized Companies
S&P Capital IQ
S&P Capital IQ
Score 8.0 out of 10

No answers on this topic

Enterprises
S&P Capital IQ
S&P Capital IQ
Score 8.0 out of 10

No answers on this topic

All AlternativesView all alternativesView all alternatives
User Ratings
Bloomberg TerminalIT2
Likelihood to Recommend
10.0
(1 ratings)
9.0
(1 ratings)
User Testimonials
Bloomberg TerminalIT2
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.
JD
Joao Dibo
Financial Analyst
Read full review
ION Group
IT2 Addresses the below problems very well: 1. Cash Positioning.2. Cash Forecasting.3. Bank Account Maintenance.4. FX Deals. Less appropriate for 1. Integration with other transactional applications like Oracle ERP or SAP ERP.
ShyamSunder Agrawal | TrustRadius Reviewer
ShyamSunder Agrawal
Sr. Business Systems Analyst
Read full review
Pros
Bloomberg
  • EMSX
  • Graph
  • port
XB
Xavier Brun
head of equity
Read full review
ION Group
  • FX Deals.
  • Bank Account Maintenance.
  • Cash Forecasting.
  • Cash Positioning.
  • Bank integration
ShyamSunder Agrawal | TrustRadius Reviewer
ShyamSunder Agrawal
Sr. Business Systems Analyst
Read full review
Cons
Bloomberg
  • Limiting data use
  • Cost of Bloomberg Terminal
  • New user on-boarding
Verified User
Anonymous
Read full review
ION Group
  • Bank integration for payments.
  • Bank account maintenance.
  • Security features like PGP encryption.
ShyamSunder Agrawal | TrustRadius Reviewer
ShyamSunder Agrawal
Sr. Business Systems Analyst
Read full review
Usability
Bloomberg
Easy to use but need to know commands
Verified User
Anonymous
Read full review
ION Group
No answers on this topic
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
Verified User
Anonymous
Read full review
ION Group
IT2 Addresses the below problems: 1. Cash Positioning. 2. Cash Forecasting. 3. Bank Account Maintenance. 4. FX Deals. 5. Bank Integration.
ShyamSunder Agrawal | TrustRadius Reviewer
ShyamSunder Agrawal
Sr. Business Systems Analyst
Read full review
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.
JD
Joao Dibo
Financial Analyst
Read full review
ION Group
  • Less effort in bank account maintenance.
  • Efficient CASH FORECASTING and Cash Positioning.
  • Optimal FX deals.
ShyamSunder Agrawal | TrustRadius Reviewer
ShyamSunder Agrawal
Sr. Business Systems Analyst
Read full review
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