FactSet Workstation vs. Koyfin

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
FactSet Workstation
Score 8.5 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
Koyfin
Score 9.5 out of 10
N/A
Koyfin is a financial data and analytics platform for researching stocks and understanding market trends, from the company of the same name in New York. Its data coverage includes stocks, ETFs, mutual funds, FX, bonds, economics, news, and Twitter so users can have a broad overview of financial markets.
$0
per month
Pricing
FactSet WorkstationKoyfin
Editions & Modules
No answers on this topic
Plus
$39
per month
Pro
$79
per month
Offerings
Pricing Offerings
FactSet WorkstationKoyfin
Free Trial
YesYes
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeRequiredNo setup fee
Additional DetailsFree: Koyfin’s free plan offers a global stock screener with multiple screening templates, multiple watchlists, shareable watchlists, portfolio tools, 2 years of financials, 1 year of forward estimates, advanced charting, market and macro dashboards, multiple custom dashboards, limited custom formulas, economics and earnings calendars, company snapshots, news, popular ETF valuations, limited ETF holdings data, market scatter plots, market movers, and 45 days of transcript history. Plus: Priced at $39 per month, the Plus plan includes everything in the Free plan, as well as unlimited screening templates, ETF screening, unlimited watchlists, 10 years of financials, 10 years of forward estimates, full library of ETF holdings data, unlimited custom dashboards, over 100k global company snapshots, more custom formulas, premium news, company filings & press releases, custom news feeds, dashboard data download, custom financial analysis templates, the full history of transcripts, and advanced transcript search. Pro: Priced at $79 per month, the Pro plan includes everything in Plus, as well as US mutual fund data, Mutual fund screener, full library of US ETF Valuation data, unlimited custom formulas, unlimited custom financial analysis templates, model portfolio tools, and priority support. Enterprise: Koyfin also offers an enterprise solution for businesses of all sizes which features everything included in Pro, as well as custom onboarding, admin purchasing, single-sign-on, and flexible and scaleable pricing. Contact the sales team to enquire about enterprise.
More Pricing Information
Community Pulse
FactSet WorkstationKoyfin
Considered Both Products
FactSet Workstation
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 …
Koyfin

No answer on this topic

Features
FactSet WorkstationKoyfin
Financial Research
Comparison of Financial Research features of Product A and Product B
FactSet Workstation
6.8
12 Ratings
8% below category average
Koyfin
-
Ratings
Private Company Data4.79 Ratings00 Ratings
Industry-Specific Information6.712 Ratings00 Ratings
Independent Research Access6.711 Ratings00 Ratings
M&A Analysis6.99 Ratings00 Ratings
Supply Chain Data6.87 Ratings00 Ratings
ESG Data6.68 Ratings00 Ratings
Macroeconomic News7.912 Ratings00 Ratings
Search Tools7.912 Ratings00 Ratings
Best Alternatives
FactSet WorkstationKoyfin
Small Businesses

No answers on this topic

No answers on this topic

Medium-sized Companies
S&P Capital IQ
S&P Capital IQ
Score 7.7 out of 10
S&P Capital IQ
S&P Capital IQ
Score 7.7 out of 10
Enterprises
S&P Capital IQ
S&P Capital IQ
Score 7.7 out of 10
S&P Capital IQ
S&P Capital IQ
Score 7.7 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
FactSet WorkstationKoyfin
Likelihood to Recommend
9.8
(15 ratings)
10.0
(1 ratings)
Likelihood to Renew
10.0
(2 ratings)
-
(0 ratings)
Usability
7.4
(12 ratings)
-
(0 ratings)
Support Rating
7.0
(1 ratings)
-
(0 ratings)
User Testimonials
FactSet WorkstationKoyfin
Likelihood to Recommend
FactSet
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
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Koyfin
If you want to feel more secure than you imagine to invest in the stock market or EFTs then Koyfin will more than pay for itself immediately. Well suited for all investors.
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Pros
FactSet
  • 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
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Koyfin
  • Graphs that are simple but detailed
  • Helpful watchlists to keep you aware and prompt
  • Snapshots for quick checkins
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Cons
FactSet
  • The user interface on stock monitor needs work - sometimes I wish to clone the same fields to another tab/watchlist and it appears the best way to do so is recreate it form scratch
  • transcript to be more timely and more accurate
  • on the consensus financial forecast tab, have more segment breakouts like Visible Alpha
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Koyfin
  • Easier to review statements
  • Lower prices for more premium packages
  • Monthly should be weekly trend emails
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Likelihood to Renew
FactSet
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
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Koyfin
No answers on this topic
Usability
FactSet
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
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Koyfin
No answers on this topic
Support Rating
FactSet
I think the data delivery could be improved, but it's a good data set.
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Koyfin
No answers on this topic
Alternatives Considered
FactSet
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 chat/trading features.
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Koyfin
Koyfin swims alongside the competition with competitive pricing and your results will speak for themselves. Built by Wall St Traders. Koyfin has elevated my ROI tenfold and allows me to trade in a high Rick environment with lower risk.
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Return on Investment
FactSet
  • hard to quantify, bc i havent brought any new business bc of it, so the ROI would be 0%. I use other systems for proposals.
  • However, I use it for everyday work and equity/fi analysis and portfolio construction research at ticker level, and that part works 100%.
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Koyfin
  • Positive ROI - percentage of success rate
  • Increased ROI- allowing me to invest more
  • Expanded my base ROI
  • Stock knowledge expanded
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ScreenShots

FactSet Workstation Screenshots

Screenshot of PM Hub, which simplifies portfolio management with tools for building, analyzing, and simulating trades for multi-asset class portfolios and exposures. Users can monitor positions in real time with customizable views, ensure compliance, and execute trades through its integration. Link IRN data to foster deeper collaboration between research analysts and portfolio managers.Screenshot of FactSet Internal Research Notes (IRN), which streamlines research with one connected platform. These can be used to organize, share, and analyze everything from market trends to individual securities. Its AI tools help to boost collaboration, enhance workflows, and drive smarter investment decisions.Screenshot of some of the available information which can used to analyze performance, risk, and attribution across multi-asset portfolios. This integrates portfolio, market, and proprietary data into a single platform to streamline workflows, adapt to market changes, and make confident decisions. From stress testing and scenario analysis to AI-driven insights, FactSet provides tools to strengthen portfolio resilience, uncover drivers of performance, and foster collaboration with customizable reports and data sharing.Screenshot of a display of all accounts in one personalized dashboard. Viewers can analyze top positions, spot trends with proprietary signals, and track market-moving events. Access summary stats like total market value and asset allocation across an entire book or by household and strategy.Screenshot of FactSet’s proprietary news, which delivers real-time, focused market insights across regions like the U.S., Canada, Europe, and Asia-Pacific. From stocks to sectors to broad markets, StreetAccount simplifies updates to cut through the clutter. This critical news is available anytime via the Workstation, web, email, app, or API.Screenshot of one of FactSet's unique datasets, Geographic Revenue (GeoRev), used to quickly understand a company's revenue exposure in countries impacted by geopolitical, macroeconomic, and market risk through a highly structured and normalized display of companies' revenues by geography.

Koyfin Screenshots

Screenshot of WatchlistsScreenshot of Model PortfoliosScreenshot of Analyst EstimatesScreenshot of Transcript LibraryScreenshot of Custom DashboardsScreenshot of Fundamental Charting