We compared Bloomberg Terminal and Refinitiv Eikon based on our user's reviews in several parameters.
Bloomberg Terminal is highly praised for its extensive financial data, advanced analytics, and valuable customer service. Users appreciate its robust tools for financial analysis but suggest improving search capabilities and customization options. On the other hand, Refinitiv Eikon is lauded for its comprehensive data range, intuitive interface, and customizable features. Users value its user-friendly interface but desire better navigation and enhanced data visualization. Both platforms offer competitive pricing and positive ROI, with Bloomberg Terminal focusing on streamlining trading processes and Refinitiv Eikon on real-time market analysis.
Features: The Bloomberg Terminal is valued for its extensive financial data and analytics, real-time news and market updates, advanced research capabilities, and powerful tools for financial analysis and modeling. On the other hand, Refinitiv Eikon is praised for its comprehensive range of financial data and tools, real-time market analysis, reliable news and alerts, user-friendly interface, advanced charting capabilities, and customizable working spaces.
Pricing and ROI: The setup cost for Bloomberg Terminal has been described as reasonable and competitive by users. They also find the licensing process to be straightforward. Refinitiv Eikon users express satisfaction with the affordability and simplicity of the setup process and appreciate the flexible licensing options offered., The Bloomberg Terminal has been praised for its exceptional financial research and analysis capabilities, generating substantial returns on investment. Refinitiv Eikon also provides valuable insights and tools, resulting in a significant ROI for users.
Room for Improvement: The Bloomberg Terminal could benefit from enhancing search capabilities, improving navigation, increasing speed and responsiveness, and offering more customizable features and improved data visualization options. Meanwhile, Refinitiv Eikon could enhance navigation, user interface, data visualization, analytical tools, and overall speed and performance.
Deployment and customer support: In the user reviews, there were mentions of spending three months on deployment and a week on setup for Bloomberg Terminal, while for Refinitiv Eikon, some users reported spending three months on deployment and a week on setup, but others mentioned a week for both deployment and setup., The customer service for Bloomberg Terminal is praised for its professional and effective assistance. Customers appreciate the accessibility and willingness of the support team to resolve issues. Refinitiv Eikon's customer service is efficient and knowledgeable, providing timely solutions with a friendly approach. Satisfaction is expressed by users for both products.
The summary above is based on user interviews we conducted recently with Bloomberg Terminal and Refinitiv Eikon users. To access the review's full transcripts, download our report.
Bloomberg Terminal is ranked 1st in Financial Data Analysis Platforms while Refinitiv Eikon is ranked 2nd in Financial Data Analysis Platforms. Bloomberg Terminal is rated 0.0, while Refinitiv Eikon is rated 0.0. On the other hand, Bloomberg Terminal is most compared with FactSet, S&P Capital IQ and Quandl, whereas Refinitiv Eikon is most compared with FactSet, S&P Capital IQ and Quandl.
See our list of best Financial Data Analysis Platforms vendors.
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