BBG Terminal - Great Product
August 30, 2022

BBG Terminal - Great Product

Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Bloomberg Terminal

The Bloomberg Terminal is a great platform that is very valuable at both our organization and finance industry. The product is used on a daily basis. It addresses several key business needs such as, but not limited to, communicating with individuals in the industry, getting news quickly, and tracking the market. We are able to make educated decisions quickly with the help of this platform.

Pros

  • Communicating with investors, banks, partners, etc
  • Tracking key market metrics
  • Monitoring existing and previous structured finance deals

Cons

  • Visual user interface
  • A lot of functionality, need tutorials and lessons to narrow down
  • Expensive!
  • Some information may be delayed
  • Email and Messaging
  • Benchmark tracking
  • Structured Finance deal library and details
  • Appropriate pricing of deals due to market comparisons
  • Instant communication with key stakeholders
  • Top and quick newsbreaks
While there are a lot of competitive services in the marketplace, each good in its own right, the Bloomberg Terminal is considered the top product. It has key fast information and can help individuals make fast decisions. It also has a top-tier support desk that can answer questions for you and teach you functionality to apply to your role.

Do you think Bloomberg Terminal delivers good value for the price?

Yes

Are you happy with Bloomberg Terminal's feature set?

Yes

Did Bloomberg Terminal live up to sales and marketing promises?

Yes

Did implementation of Bloomberg Terminal go as expected?

Yes

Would you buy Bloomberg Terminal again?

Yes

Depending on which area of the finance sector you may work in, the Bloomberg Terminal will have plenty of helpful functionality for you. Two specific scenarios for myself in the Structured Finance area are tracking the pricing benchmark and following outstanding deals in the market. You can follow progress of the deals, how well they are advancing, and final pricing details.

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