FactSet Workstation

FactSet Workstation

FactSet Workstation

70 Reviews and Ratings

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
FactSet Workstation	Score 8.6 out of 10	N/A	The 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

Pricing

FactSet Workstation

Editions & Modules

No answers on this topic

Offerings

Pricing Offerings
FactSet Workstation
Free Trial
Yes
Free/Freemium Version
No
Premium Consulting/Integration Services
No

Entry-level Setup Fee

Required

Additional Details

—

More Pricing Information

Community Pulse
	FactSet Workstation
Considered Both Products	FactSet Workstation Verified User Anonymous Chose FactSet Workstation It has a much better price. I dont need everything that Bloomberg provides. FactSet Workstation gives me what i need. Incentivized Helpful? Verified User Anonymous Chose FactSet Workstation It's far superior especially with the Irwin integration. Incentivized Helpful? Verified User Anonymous 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 Helpful? Verified User Anonymous 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 Helpful? Verified User Anonymous 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 Helpful? JS Joseph Sroka Chief Investment Officer Chose FactSet Workstation FactSet has a much more robust platform with better excel integration. I used Eikon for many years. Once Thomson Reuters sold it to LSEG, the service went downhill. I am happy I made the switch to FactSet Incentivized Helpful? JD John DArco Portfolio Manager 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 Helpful? Verified User Anonymous Chose FactSet Workstation Bloomberg was very difficult to use, DOS like Incentivized Helpful? JW Jonathan Wellum Financial Analyst Chose FactSet Workstation While FactSet Workstation certainly stacks up in terms of quantity of data with other providers, the quality is top-notch. I can directly see the source of each line item on a financial statement which gives me confidence what I see is factual data directly from the companies I … Incentivized Helpful? Verified User Anonymous 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 Helpful? Verified User Anonymous 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 Helpful? AK Avishek Kumar General Manager Chose FactSet Workstation Global Data, AlphaSense, Hoovers, S&P, etc. Incentivized Helpful? Verified User Anonymous Chose FactSet Workstation FactSet offers the most comprehensive info on industry-specific accounts. We don't currently have plans to leave. Incentivized Helpful?

Features

FactSet Workstation

Financial Research

Comparison of Financial Research features of Product A and Product B
	FactSet Workstation 6.8 Ratings 8% below category average
Private Company Data	4.90 Ratings
Industry-Specific Information	6.80 Ratings
Independent Research Access	6.70 Ratings
M&A Analysis	6.90 Ratings
Supply Chain Data	6.80 Ratings
ESG Data	6.60 Ratings
Macroeconomic News	8.00 Ratings
Search Tools	8.00 Ratings

Best Alternatives
	FactSet Workstation
Small Businesses	No answers on this topic
Medium-sized Companies	S&P Capital IQ Score 7.6 out of 10
Enterprises	S&P Capital IQ Score 7.6 out of 10
All Alternatives	View all alternatives

User Ratings
	FactSet Workstation
Likelihood to Recommend	9.4 (0 ratings)
Likelihood to Renew	10.0 (0 ratings)
Usability	7.4 (0 ratings)
Support Rating	7.0 (0 ratings)

User Testimonials
	FactSet Workstation
Likelihood to Recommend	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 Verified User Anonymous Read full review
Pros	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 Verified User Anonymous Read full review
Cons	Excel add-in formulas are not constructed in an intuitive way and too often require assistance from help desk No chat function for help desk, which means delayed assistance time or talking with non-native English speakers, some of whom can be difficult to understand There should be an AI chatbot that can answer routine queries; for more advanced questions, a human rep can be connected Portfolio performance metrics should be downloadable using Excel add-in rather than being available only on Workstation Incentivized Verified User Anonymous Read full review
Likelihood to Renew	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 Verified User Anonymous Read full review
Usability	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 JS Joseph Sroka Chief Investment Officer Read full review
Support Rating	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 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 flexible. To be fair, Refinitiv may have made some upgrades since but my mental impression still lean towards FactSet Workstation because of ease of use. Incentivized Verified User Anonymous Read full review
Return on Investment	We were able to end contracts with a few vendors because FactSet provided everything we need for stock screening, modeling, and analytics directly saving us capital that could be repurposed elsewhere Having a an all in one system that does everything speeds up training and learning curve for users Cheaper than main competitor Bloomberg Incentivized JD John DArco Portfolio Manager Read full review
ScreenShots	FactSet Workstation Screenshots