FactSet Workstation vs. LSEG Eikon

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
LSEG Eikon
Score 9.1 out of 10
N/A
LSEG Eikon, formerly from Refinitiv, is an open-technology solution for financial markets professionals, providing access to data, insights, and news. Through an array of relevant apps that deliver content and analytics, Eikon helps users move from insight to action.N/A
Pricing
FactSet WorkstationLSEG Eikon
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
FactSet WorkstationLSEG Eikon
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeRequiredNo setup fee
Additional Details
More Pricing Information
Community Pulse
FactSet WorkstationLSEG Eikon
Considered Both Products
FactSet Workstation
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 …
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.
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
LSEG Eikon

No answer on this topic

Features
FactSet WorkstationLSEG Eikon
Financial Research
Comparison of Financial Research features of Product A and Product B
FactSet Workstation
6.8
12 Ratings
8% below category average
LSEG Eikon
-
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 WorkstationLSEG Eikon
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 WorkstationLSEG Eikon
Likelihood to Recommend
9.8
(15 ratings)
9.0
(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 WorkstationLSEG Eikon
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
Read full review
LSEG (London Stock Exchange Group)
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.
Read full review
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
Read full review
LSEG (London Stock Exchange Group)
  • 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.
Read full review
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
Read full review
LSEG (London Stock Exchange Group)
  • 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.
Read full review
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
Read full review
LSEG (London Stock Exchange Group)
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
Read full review
LSEG (London Stock Exchange Group)
No answers on this topic
Support Rating
FactSet
I think the data delivery could be improved, but it's a good data set.
Read full review
LSEG (London Stock Exchange Group)
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.
Read full review
LSEG (London Stock Exchange Group)
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.
Read full review
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%.
Read full review
LSEG (London Stock Exchange Group)
  • 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.
Read full review
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.