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LSEG Eikon

Score9.4 out of 10

13 Reviews and Ratings

What is LSEG Eikon?

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.

Comprehensive product for real time market and financial data.

Use Cases and Deployment Scope

One of our go-to sources for financial information, including access to real-time financial and market data. Easy to access since it allows us to access it from a desktop or a mobile. It has been a great value add, particularly with respect to ESG-based data for multiple companies, allowing us to benchmark ESG practices.

Pros

  • 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.

Cons

  • 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.

Most Important Features

  • Real time market data including index data.
  • Financial information.
  • ESG data.
  • Analyst reports.

Return on Investment

  • 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.

Alternatives Considered

PitchBook, S&P Capital IQ, FactSet, BamSEC, Morningstar Advisor Workstation, Morningstar Direct, Sentieo, Finnhub Stock APIs, Koyfin, Preqin, Refinitiv Workspace, D&B Hoovers and D&B Finance Analytics

Other Software Used

Bloomberg Terminal, Refinitiv Workspace, S&P Capital IQ, Morningstar Advisor Workstation, Morningstar Direct, Preqin, CB Insights, PitchBook, Crunchbase, Venturesource, Factiva, FactSet, D&B Hoovers