Dow Jones Risk & Compliance vs. Factiva

It is particularly well-suited for financial institutions and other organizations in heavily regulated industries, such as banks and money service businesses that need to comply with anti-money laundering (AML) and countering the financing of terrorism (CFT) regulations, as well as organizations with a high volume of transactions. The product offers features such as watchlist screening, real-time monitoring, intelligence and research, automated workflows, reporting and visualization and easy integration with other systems. However, it may not be the best fit for smaller organizations with a lower risk profile or limited budget, or organizations with relatively simple compliance requirements

Incentivized

A large part of our work depends on the ability to source quality media content from a breadth of dependable sources globally. This is Factiva's bread and butter: it has a very comprehensive list of 'quality' media sources such as nationals, dailies, business journals and magazines from around the world that are easily mined for the content they hold. If you're thinking about anything other than these 'traditional' media sources then Factiva probably isn't your thing. It doesn't do social media.

Incentivized

• Factiva offers excellent search builders so that I am able to narrow my search to specific companies or topics very easily.
• Factiva combines a large number of credible sources into one place and allows me to search all of these sources.
• Factiva's use of timestamps helps me understand when the news was known by the market which allows me to analyze how (if at all) that particular piece of news impacted the company's stock price.
• Provides an excellent starting place for learning about a company and/or industry.

Incentivized

• The UX leaves room to be desired
• There are often repetitive entries
• The functionality can be confusing

Incentivized

At the time, Factiva was already being used by the company I worked for - they had developed procedures specifically for using Factiva, so there wasn't really an option. I've used Lexis, Westlaw and Bloomberg exclusively for legal research, so there wasn't really an overlap with Factiva.

Incentivized