What is the difference between bloomberg and reuters

Sign in. Accessibility help Skip to navigation Skip to content Skip to footer. Become an FT subscriber to read: Bloomberg and Reuters lose data share to smaller rivals Leverage our market expertise Expert insights, analysis and smart data help you cut through the noise to spot trends, risks and opportunities. Join over , Finance professionals who already subscribe to the FT.

Choose your subscription. Trial Try full digital access and see why over 1 million readers subscribe to the FT. Why is this exciting? Because if traders at all the trading desks are posting quotes on Bloomberg IM and nowhere else, you simply have to be on Bloomberg.

In an effort to kill Symphony, in October of Bloomberg surprised many observers by decoupling IM from the rest of the terminal license. Wall Street Prep's globally recognized certification program prepares trainees with the skills they need to succeed as a Fixed Income Trader on either the Buy Side or Sell Side.

Investment bankers do not use Bloomberg as widely as some of their sell side peers and buy side professionals. Instead, investment bankers are far more likely to have their own dedicated FactSet or Capital IQ subscription. Capital IQ is the relative new kid on the block. However, pricing can go up significantly with additional features.

Investment banking. Bankers do a lot of data scrubbing, spreading comps and company profiles, and Capital IQ is designed specifically to help with this. Scrubbing data: When a company reports its third quarter earnings, the GAAP-based numbers like operating profit, net income and earnings per share are often not the numbers anyone actually cares about.

Coupled with its killer app that allows analysts to click back to audit the source data, this feature largely explains Capital IQs enduring popularity in the investment banking world. Click-through to audit source data: One of its early killer apps was a feature that allows analysts to click-through to audit source data.

While Bloomberg access requires a dedicated terminal and FactSet access requires a software installation on each machine, your Capital IQ account can be accessed from a web browser anywhere. The kinds of roles where this really matters are on the buy side, in sales and trading, and in public equities and fixed income. Investment bankers. FactSet is comparable to Capital IQ in terms of scope of data and functionality. Your life revolves around making pitchbooks. Another frequently cited FactSet advantage over Capital IQ is the ease of navigation and getting around the user interface.

You need equity research. FactSet does not offer robust equity research access. Perhaps even more of a deterrent for some is that FactSet requires a physical installation on each machine, and it is only allowed on two machines per subscription. While Capital IQ differentiates itself on cost, its focus on fundamental data, and usefulness on the sell side, Eikon is the most direct competitor to the Bloomberg Terminal.

Those who would otherwise buy Bloomberg but want something cheaper. It has a lot of the same financial data as Bloomberg but is generally considered to be the lesser option in terms of data breadth.

The same training program used at top investment banks. Interesting overview, just a quick note on FactSet, FactSet does nowadays offer access to its applications through a not locally installed weblink and a mobile app. Makes for easier access for some users indeed. As a non-US individual investor, I used Bloomberg for like six years and finally quit as I was fed up with their arrogance. Bloomberg is the go to for fixed income, without a shadow of doubt. Measure ad performance.

Select basic ads. Create a personalised ads profile. Select personalised ads. Apply market research to generate audience insights. Measure content performance. Develop and improve products. List of Partners vendors. The onset of the digital revolution cultivated new ways to access information, leading to cutting-edge information platforms in Bloomberg and Reuters.

Both Bloomberg L. But their core services offer users much more than news. Core users of these two companies look to their offerings to find the most up-to-the-minute information available on trading metrics throughout the trading day. To many investors, financial tools provided by Bloomberg and Reuters have been indispensable in helping them post rich returns and prosper during the bull market of the last decade.

In fact, Bloomberg's meteoric growth in revenue and profit has made founder and majority owner Michael Bloomberg a billionaire, enabling him to finance his quest to become the next U. Both companies are known for their robust multimedia platforms, with key offerings being the Bloomberg Terminal and the Refinitiv Eikon, formerly known as the Thomson Reuters Eikon , as explained below.

Founder Bloomberg established the company bearing his name in After being laid off from the investment bank he had worked at for 20 years, Bloomberg launched his business information platform. Bloomberg LP provided quick, high-quality business information to Wall Street. In the early s, the company sold its first financial information system to Merrill Lynch, now a part of Bank of America Corp.

Merrill Lynch owned a stake in Bloomberg for years, which it later sold. Today, Bloomberg LP is not only known for the Bloomberg Terminal but has become a global multimedia entity as well. The financial news and media company includes Bloomberg News , weekly magazine Bloomberg Businessweek , as well as radio and television broadcasts.

Bloomberg employs more than 2, news professionals in countries, and offers clients access to research from more than 1, sources. The Bloomberg Terminal is an integral tool within the finance industry that is used to access, compile and analyze financial information.

Over the years, the Bloomberg terminal has transformed into a system that is accessible anywhere. Many companies rely on the terminal to assess individual securities, market movements, and monitor news simultaneously. Great culture. Great teams and teamwork. Thomson Reuters reviews 2. Customer Training Specialist. Software engineer.

Senior software engineer. Product manager. Project manager. Sales representative.