17 years helping Singaporean businesses
choose better software
Bloomberg Terminal
What Is Bloomberg Terminal?
Financial reporting solution that helps businesses with trade, order, execution & content management processes on a unified interface.
Who Uses Bloomberg Terminal?
Not provided by vendor
Not sure about Bloomberg Terminal?
Compare with a popular alternative
Bloomberg Terminal
Reviews of Bloomberg Terminal
The best database to extract data about any company.
Comments: The overall experience with bloomberg was real swift, smooth and the best platform to extract data as it has the biggest database.
Pros:
The amount of data present in the bloomberg database is immense and one could find any company data whether it be listed or not. We can find data of company structure , company statements and what not.
Cons:
There is nothing as such I dislike about Bloomberg Terminal.
Bloomberg- Lots of Info
Comments: Was perfect for what I needed on the international side
Pros:
Great to track foreign exchange rates and get up to date news
Cons:
You need a thorough training on how to build models and get market info
Terminal Twilight
Comments: I use the terminal for commodities and equities. The commodity portion has gotten steadily worse since 2018. Data disappears, much of the cash pricing is in accurate and a mess. I have taken to using a competing product for commodity data. It is fine for equities and IB, which I need. If you need commodity data, any of the competitors offer a much better product at a lower price.
Pros:
The charting and graphing tools generally work well.
Cons:
Data is often incorrect and should not be taken at face value. Data sets seem to disappear without warning, so relying on it vs the competition can be problematic. The product seems to be getting buggier every day. The news is at least for commodities is awful...slow, stale, and not at all cutting edge.
Essential
Pros:
Real-time data and ease of access. League tables useful for Advisory work.
Cons:
Tech quite dated, search bar could be improved.
Great toll, but expensive
Comments: is a comprehensive financial tool providing real-time data, news, analytics, and trading capabilities. The support is very helpful. However, it is costly and requires a dedicated computer or device to access. Overall, it is a valuable resource for those in the industry.
Pros:
-Provides real-time financial data and news-Has advanced analytics and trading capabilities-Widely used and respected in the finance and investment industry
Cons:
-Expensive subscription cost-Requires a dedicated computer or device to access-Some features may be overwhelming for less experienced users
Bloomberg Terminal is vital tool for fixed income managers
Pros:
I like the ability to not only see macro level details on economic and market statistics, but the ability to do a "deep dive" into all of these metrics. Also, the bond analytical tools are vital for me.
Cons:
The cost is overwhelming compared to all other software that I use. Only professionals like me can afford something like this.
constant deterioration of quality
Comments: i use bloomberg since 20 years, i see the last 5 years as a constant deterioration of the service quality
Pros:
- a lot of functions and data - good to cover the simple 80% of use cases
Cons:
- unreliable excel interface - bugs in software and data - overpriced in my opinion - support very timeconsuming and not of much help - not good to cover the sophisticated 20% of use cases - the GUI seems still from the 90s
If you can afford it, look no further
Pros:
The Bloomberg terminal is a potent tool for every financial analyst. Data from all parts of the world on statistics, yields, interest rates, companies, news and many more are all compiled in one single platform. Integration into Excel makes analysis of the data a breeze. The customer service is excellent and helps with all questions.
Cons:
The Bloomberg terminal has a hefty price tag. The "retro" look of the start screen may be intimidating at first glance but once you get used to it, you will be fine.
Powerful stock research tool
Pros:
I used Bloomberg terminal for school. It's pretty complex with retro look. Powerful tool with financial analysis capabilities, and news etc.
Cons:
I don't know Bloomberg extensively enough to have complains. Perhaps looks is a bit outdated.
Great Value for Market Agnostic Investors – Cost Prohibitive for Most Others
Comments: Love the market data and the excel templates are probably the best out there. However, the license cost makes it cost-prohibitive for most users, and most users won't use all the available data anyways
Pros:
The terminal essentially has all market data. They do not have a sum of the parts pricing model: you get everything if you are a subscriber.
Cons:
Since it is not a sum of the parts pricing structure, the license cost is quite high. Also, the terminal interface is still the same old orange and black screen as it has been for the past several decades. Huge learning curve and hard to find what you need without extensive training (which Bloomberg does provide to their credit)
Fondamentale per analisi economiche
Comments: Esperienza complessivamente molto buona
Pros:
Il terminale bloomberg è di fondamentale utilizzo per banche e assicurazioni e per tutte quelle società dal core business finanziario.Bloomberg è completo, complesso e in continuo sviluppo.Esistono weibinar gratuiti molto utili.
Cons:
Non sempre di facile utilizzo, bisogna abituarsi.Se si scarica troppi dati con la funzione BDH si blocca la funzione e ti chiedono di passare a data license.