Capital IQ’s feature-set is geared to fundamental equity analysis, and it is known for cleaned, high quality fundamental data. It offers one of the most comprehensive ranges of analyst reports, but often at an additional price. Capital IQ has many proprietary industry-specific data sets, including mining, energy and commercial real estate. Senteio also has a strong excel plug-in for modeling.Ĭapital IQ: With a cost of $7,500-$13,000, Capital IQ is also less expensive than Bloomberg. Equity investors will appreciate its document search, which is one of the most powerful SEC filing search engines out there, and integrated research notebook. Exact pricing is not disclosed, but reported to be approximately $500 per month. Sentieo: Sentieo costs much less than Bloomberg and other peers but offers a robust platform with some unique artificial intelligence features and visualization tools. For example, Refinitiv Eikon offers a broad array of analyst reports, many without additional cost. While less popular among fixed income traders than Bloomberg terminals, Refinitiv Eikon has some advantages especially for equity analysts.

A fully-loaded terminal reportedly costs $22,000 per year, but a bare bones version can be had for less than $4,000. Refinitiv Eikon comes with a much more flexible pricing menu than Bloomberg. Reuters/Eikon/Refinitiv: Reuters has long offered a financial information terminal competing with Bloomberg, but at a lower price. Similarly, functions derived from Bloomberg’s message traffic, such as the Message Mining service which mines fixed-income price quotes from message traffic, will remain exclusive to Bloomberg. Those who do not pay Bloomberg’s fee will not be able to access. The messaging service provides entrance to an exclusive network of hedge funds, bankers, and family offices. Bloomberg messaging - a calling card among many traders - is a closed system, available only to those with terminal accounts. the ubiquitous Bloomberg terminalīefore examining alternatives, it is important to know that one function cannot be replaced. But Bloomberg terminals cost $2,0000 per month, well above their value to many.

Bloomberg terminals are the gold standard information source in the financial services industry.

Bloomberg terminal alternative