Name: LSEG Eikon
Rating: 8.3 (12 reviews)
Author: LSEG (London Stock Exchange Group)

Help Desk

Web and Video Conferencing

Customer Support

AI Development

Beta Testing

Performance Testing

Virtual Reality

Development

Business Intelligence (BI)

Collaboration

Emissions Management

Integrated Workplace Management (IWMS)

Intellectual Property (IP) Management

Online Notary

Enterprise

Accounting

Accounts Receivable

Crypto Tax

Payment Gateway

Finance and Accounting

Applicant Tracking

Corporate Learning Management

HR Management

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

3D Printing

AI Governance

Cloud Storage

Custom Software Development Services

Data Deduplication

Data Science

Database-as-a-Service (DBaaS)

Fraud Detection

Game Engine

Integration Platform as a Service (iPaaS)

Intranet

Migration

Network Performance Monitoring

Open-Source Database

SaaS Management

Service Virtualization

Time Series Databases

Value-Added Resellers (VARs)

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Content Management

Data Management

Ecommerce Personalization

Email Marketing

Marketing Automation

Mobile Advertising

Press Release Management

Product Intelligence

Social Media Management

Survey & Forms Building

Video Streaming

Web Analytics

Marketing

Project Management

Professional Services

Customer Relationship Management (CRM)

Point of Sale

Sales Enablement

Sales Training

Sales

Secure Service Edge (SSE)

Security

Banking

Digital Forensics

Equation Editors

Geographic Information

Hospital Management

Insurance Agency Management

Insurance Claims Management

Intelligent Document Processing

Medical Office EMR & EHR

Physical Therapy

Veterinary

Vertical-Specific

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### Research and Insights
Users appreciate the comprehensive research datasets and the ease of data collection provided by Refinitiv Eikon. The software's strong emphasis on research-based tools and analyst commentary is highly valued by users for enhancing their analysis work and data verification processes. Additionally, the platform's ability to facilitate in-depth research on securities and companies, coupled with useful tools like time and sales and financial workbooks, is widely acknowledged as beneficial for users engaged in financial research activities.

### Portfolio Management
Opinions on Refinitiv Eikon's portfolio management capabilities vary among users. While some appreciate the depth of analytics and reliability of time series data offered by the platform's Portfolio Analytics module, others find the assistance from the helpdesk effective and value the high data quality across all asset classes. However, there are mixed opinions regarding the overall effectiveness and user experience of Refinitiv Eikon's portfolio management tools.

### Financial Modeling and Analytics
Users generally appreciate Refinitiv Eikon's robust financial modeling and analytics capabilities. The depth of analytics available at their fingertips and the reliability of time series data are highlighted as key strengths. Additionally, the Portfolio Analytics module is considered a crucial feature for enhancing insights and management. The ability to perform daily portfolio rebalancing adds further value to the platform's financial modeling and analytics offerings.

### Trading and Securities
User feedback on Refinitiv Eikon's trading and securities capabilities varies widely. While some users praise the platform for its depth of analytics and reliability of time series data, others express concerns about the lack of certain critical information, such as outstanding loan balances in corporate capital structure analysis. The platform's strengths in providing detailed information on deals and industry-specific news are acknowledged, but its shortcomings in capital structure data and customer service are also highlighted. Despite being considered a good alternative to Bloomberg, Refinitiv Eikon falls short in certain aspects, leading to mixed opinions among users regarding its effectiveness in trading and securities.

### Industry and Market Coverage
Users commonly find Eikon to be a valuable tool for conducting in-depth analysis and gaining insights into industries and companies. While some users praise its ability to provide comprehensive industry and market coverage, others express mixed opinions about the platform's effectiveness in this area. The general sentiment seems to lean towards a positive view of Eikon's industry and market coverage capabilities, with some users highlighting its usefulness in complex data analysis and industry research.

Users have made several recommendations based on their experiences with the software. 

1. Many users recommend exploring the platform to access the required information. They find it to be a good alternative to Bloomberg and even better than capital IQ. 

2. Users suggest giving the software a chance, as it is supported by a big firm and used by a lot of people. They also recommend meeting with a representative to gain more insights into its capabilities. 

3. While users acknowledge that the software is decent, some recommend looking at other free messaging platforms that are easier to use and navigate. They suggest considering these alternatives before making a decision. 

Overall, users highlight the software's strengths as an alternative to Bloomberg and its continuous improvements in usability. However, they also point out the importance of exploring other options for ease of use and considering industry standards and employee preferences when making purchasing decisions.

User-Friendly Interface: Many users have praised the software for its user-friendly interface, with multiple reviewers noting how easy it is to navigate and use. The intuitive design and layout of the platform have been commended by several customers.

Comprehensive Data Coverage: The software's extensive coverage of various markets, including energy, metals, agriculture, commodities, and shipping, has been highly valued by users. Customers appreciate the valuable data, news, and analysis provided by the software in these sectors.

Cost-Effectiveness: Several reviewers have expressed their satisfaction with the cost-effectiveness of the software's stripped-down version compared to competitors. Users find that they are getting similar features and functionalities at a more affordable price point.

Cons:

1. Insufficient customer service: Users have expressed dissatisfaction with the customer service, noting that it often takes a considerable amount of time to resolve issues. Comparisons to Bloomberg's customer support have shown it to be lacking in comparison.
2. Information overload and difficulty in navigation: The platform's abundance of data can overwhelm users and make it challenging for them to navigate and find the specific information they need. There is a strong desire among users for more streamlined launchpads and data tabs that provide a comprehensive view on a single page.
3. Steep learning curve: Many users have found Eikon to have a steep learning curve, necessitating significant time and effort to understand its functionalities fully. Some users also consider the software bulky and not very user-friendly, which further adds to the learning curve required for effective utilization.

Users have reported that the product effectively reduces costs for employees who don't require extensive data breadth. It is particularly useful for conducting due diligence and industry overviews. The software aids in building financial models and instills confidence when addressing client queries. Users highly value the graphing capabilities, which help gain insights and test hypotheses. Additionally, the product serves as a reliable source of financial data for modeling and analysis purposes. Although some users have experienced occasional slowness issues with the software, it is generally considered trustworthy for making informed decisions. The software provides access to real-time or delayed data and market news, allowing users to stay updated on market movements. It supports daily portfolio rebalancing, portfolio analytics, and construction. Users appreciate the unique features such as niche categorization and data visualization. Furthermore, the product allows for importing daily dividend payments and is used for teaching financial modeling to students. Users rely on the software to track press releases, market transactional data, and PE deals. Overall, the product meets various data needs and offers significant benefits in terms of efficiency, research, complex data analysis, and industry insights. It consolidates financial information and news from different sources into a user-friendly platform that helps analyze financial risks and navigate through fixed income and equities markets. The software's bond analytics, real-time bond prices, ESG-based data for benchmarking ESG practices have received positive feedback as well.

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.

LSEG Eikon

Financial Research

Likelihood to Recommend

LSEG (London Stock Exchange Group)

The most important features for the effectiveness of a financial research platform

Public Company Data

The ability to access fundamentals, earnings, or other information through company filings and other sources

Private Company Data

The ability to access fundamentals, earnings, or other information for companies that are not publicly listed

Industry and Sector Research

The quality and completeness of analyses and research on the overall performance and outlook of specific sectors and industries

Industry-Specific Information

The quality and completeness of industry-specific information, e.g., the progress or success of clinical trials in the pharmaceutical industry

Independent Research Access

The ability to access third-party analyses, e.g., Morningstar reports

M&A Analysis

The quality and completeness of mergers and acquisitions filings, news, rumors, etc.

Supply Chain Data

The quality and completeness of information on how a company sources its materials and other production resources

ESG Data

The quality and completeness of data on Environmental, Social, and Governance practices

Credit Ratings Reports

The quality and completeness of information on corporate credit ratings

Macroeconomic News

The quality and completeness of news and information about current macroeconomic events and trends

Search Tools

The quality and effectiveness of tools to help locate specific and relevant information within the platform

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Assistant Manager - Insurance Insights

Refinitiv Eikon 2022-08-24 23:23:13

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

TrustRadius

Home

Financial Research Platforms

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.

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.

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.

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

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.

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

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

LSEG Eikon
Formerly Refinitiv Eikon

Overview

What is LSEG Eikon?