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Excellent one-stop shop for credible news articles!
June 17, 2016

Excellent one-stop shop for credible news articles!

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

Overall Satisfaction with Factiva

This is used primarily by expert testifiers who have experience with securities litigations. It is used frequently to help us understand what news events regarding a specific topic or company were known by the market and when they were known. Since Factiva combines a number of news contributors, this greatly reduces the amount of time spent trying to understand what information was in the market and when it was known by investors.
  • Factiva offers excellent search builders so that I am able to narrow my search to specific companies or topics very easily.
  • Factiva combines a large number of credible sources into one place and allows me to search all of these sources.
  • Factiva's use of timestamps helps me understand when the news was known by the market which allows me to analyze how (if at all) that particular piece of news impacted the company's stock price.
  • Provides an excellent starting place for learning about a company and/or industry.
  • While timestamps are available on some news events, it is not available on all. For my purposes, timestamps are crucial and if they're not available on Factiva, we often have to search out the internet to see if this information is available elsewhere.
  • Sometimes when narrowing news by the "Company" search function, Factiva can remove news that is still relevant to the company.
  • Often times we may work for an international company so it becomes crucial to not only review English articles, but also foreign articles as well. It would be nice to have the ability to automatically translate (even if it is a rough translation) these non-English articles for ease of use.
I have used Lexis Nexus and Thomson One. I find Factiva to be the most user friendly of these services. I much prefer Factiva's layout on their website when I search for articles and I also prefer its search builder over Lexis Nexus and Thomson One.
Factiva is particularly useful when I work on securities litigations involving shareholder lawsuits -- i.e. shareholders who bought and sold shares during a specified class period when the company was misrepresenting, for example, its financials. Specifically Factiva is quite useful in helping me understand what company events were known by the market and when they were known. Factiva has also been useful in helping me on various research studies. It is less relevant for other types of litigation that I work on (i.e. Patent litigation, etc).