TrustRadius Insights
Users have reported that the product effectively reduces costs for employees who don't require extensive data breadth. It is particularly …
Overview
What is Refinitiv Eikon?
Refinitiv Eikon is an open-technology solution for financial markets professionals, providing access to data, insights, and exclusive and news.
Recent Reviews
Product Details
- About
- Tech Details
What is Refinitiv Eikon?
Refinitiv Eikon is an open-technology solution for financial markets professionals, providing access to industry-leading data, insights,
and exclusive and trusted news. Through an array of relevant apps that deliver trusted content and analytics, Eikon helps users move from insight to action.
With its collaboration and messaging tools, Eikon enables users to securely share and connect with contacts in 30,000+ firms across 180+ countries. Plus, being built on an open technology platform, Eikon provides flexibility around how data is consumed and used. This makes it easier to cross-reference data and connect with proprietary systems through code-friendly data solutions – ultimately helping users to simplify workflows.
Features include
Features include
Access to Reuters News
Financial news, market-moving exclusives and expert insights delivered by 2,500+ journalists around the world, spanning all asset classes.
Refinitiv® Datastream®
A comprehensive financial time series database with 70 years of information, across all major asset classes.
Global pricing data
Global, multi-asset pricing; terms and conditions; and analytics – typically with the longest history available, with data from 2,000 contributing sources.
Refinitiv® Lipper® funds data
Fund performance data ratings, analytical tools and commentary covering 335,000 collective investments in 80+ countries.
Refinitiv® Company Fundamentals
Company fundamentals data available, covering 99% of global market cap, across 150 countries, with direct access to the source filing for
verification purposes.
Commodities data and research
Access one of the world’s largest repositories of energy fundamentals, pricing data, market-moving insights and forecasts.
Unmatched real-time research
Access Eikon’s real-time research collection of reports, gathered from nearly 1,300 actively contributing providers from 87 countries.
Trade execution
Execution management tools designed to deliver fast and efficient multi-asset global execution to take advantage of fleeting opportunities.
Refinitiv® I/B/E/S® Estimates
These cover 22,000 companies in 90 countries. Access granular analysis with industry-specific estimates, measured across 14 industries.
ESG
ESG databases that cover over 80% of global market cap, across more than 450 different ESG metrics.
Refinitiv Eikon Video
Refinitiv Eikon Technical Details
| Operating Systems | Unspecified |
|---|---|
| Mobile Application | No |
Comparisons
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Reviews and Ratings
(11)
Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Business Problems Solved
- Pros
- Cons
- Recommendations
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.
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:
- 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.
- 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.
- 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 made several recommendations based on their experiences with the software.
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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.
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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.
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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.
Reviews
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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
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.