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Bloomberg Terminal vs. LSEG Eikon, formerly from Refinitiv (discontinued)

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Bloomberg Terminal

    Score8.2 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

    LSEG Eikon, formerly from Refinitiv (discontinued)

    Score9.7 out of 10
    N/ALSEG Eikon, formerly from Refinitiv, was an open-technology solution for financial markets professionals, providing access to data, insights, and news. The product was withdrawn, and LSEG invites potential users of Eikon to investigate LSEG Workspace as a modern alternative.N/A
    Pricing
    Bloomberg TerminalLSEG Eikon, formerly from Refinitiv (discontinued)
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Bloomberg TerminalLSEG Eikon, formerly from Refinitiv (discontinued)
    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
    Community Pulse
    Bloomberg TerminalLSEG Eikon, formerly from Refinitiv (discontinued)
    Considered Both Products
    Bloomberg
    Chose Bloomberg Terminal
    I select Bloomberg Terminal because of switching costs. I started with ith and learn a new software is not easy.
    Incentivized
    Discontinued Products
    Chose LSEG Eikon, formerly from Refinitiv (discontinued)
    Refinitiv Eikon is a wholesome product that scores over the above products in terms of the coverage universe, features, and credibility of data Refinitiv Eikon is a go-to source for financial and ESG data, whose credibility is well established in the industry and scores above …
    Incentivized
    Key User Insights
    Would buy again
    100%
    Would buy again
    5 Answers
    No answers on this topic
    Delivers good value for the price
    80%
    Delivers good value for the price
    4 Answers
    No answers on this topic
    Happy with the feature set
    100%
    Happy with the feature set
    5 Answers
    No answers on this topic
    Lived up to sales and marketing promises
    No answers on this topic
    No answers on this topic
    Implementation went as expected
    No answers on this topic
    No answers on this topic
    Features
    Bloomberg TerminalLSEG Eikon, formerly from Refinitiv (discontinued)
    Financial Research
    Comparison of Financial Research features of Bloomberg Terminal and LSEG Eikon, formerly from Refinitiv (discontinued)
    Feature
    Bloomberg Terminal
    6.7
    4 Ratings
    9% below category average
    LSEG Eikon, formerly from Refinitiv (discontinued)
    -
    Ratings
    Private Company Data4.84 Ratings00 Ratings
    Industry-Specific Information7.84 Ratings00 Ratings
    Independent Research Access6.24 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 Tools7.24 Ratings00 Ratings
    Best Alternatives
    Bloomberg TerminalLSEG Eikon, formerly from Refinitiv (discontinued)
    Small Businesses
    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
    Enterprises
    S&P Capital IQ
    Score7.5 out of 10
    S&P Capital IQ
    Score7.5 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Bloomberg TerminalLSEG Eikon, formerly from Refinitiv (discontinued)
    Likelihood to Recommend
    8.3
    (5 ratings)
    9.0
    (1 ratings)
    Usability
    7.3
    (4 ratings)
    -
    (0 ratings)
    User Testimonials
    Bloomberg TerminalLSEG Eikon, formerly from Refinitiv (discontinued)
    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
    Discontinued Products
    Very likely to recommend to a colleague if he deals with researching companies on a day-to-day basis since it captures real-time market data, financial information such as income statements and balance sheet items, as well as news items around strategic updates and analyst reports from top investment banks.
    Incentivized
    Read full review
    Pros
    Bloomberg
    • EMSX
    • Graph
    • port
    Incentivized
    Read full review
    Discontinued Products
    • ESG ratings - allowing us to benchmark practices and reporting.
    • Real time market data - allowing us to track target companies.
    • Financial information - allows us to gauge companies' historical and forecasted performance.
    Incentivized
    Read full review
    Cons
    Bloomberg
    • Limiting data use
    • Cost of Bloomberg Terminal
    • New user on-boarding
    Incentivized
    Read full review
    Discontinued Products
    • Not very easy to navigate - needs user to spend time.
    • Should have an intelligent search option to enable targeted search.
    • Should have more granular coverage in terms of financials.
    Incentivized
    Read full review
    Usability
    Bloomberg
    Easy to use but need to know commands
    Incentivized
    Read full review
    Discontinued Products
    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
    Incentivized
    Read full review
    Discontinued Products
    Refinitiv Eikon is a wholesome product that scores over the above products in terms of the coverage universe, features, and credibility of data Refinitiv Eikon is a go-to source for financial and ESG data, whose credibility is well established in the industry and scores above other competitors in this aspect.
    Incentivized
    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.
    Incentivized
    Read full review
    Discontinued Products
    • Negative - Tool is pricey so not everybody can afford.
    • Positive - Coverage of real time market data is unmatched.
    • Positive - ESG data coverage is very useful.
    Incentivized
    Read full review
    ScreenShots