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Wall Street Oasis » Forums » Equity Research Rendezvous
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Bloomberg Vs Thomson Reuters
 

tarekaram's picture
tarekaram
     
 
(Chimp, 6
 
Points)
 on 11/16/11 at 3:39am

hi,

I posted this in the Asset management forum will repost here also,
Thank you!

Hello everyone,

Thank you for taking the time to read this.

I just needed the opinion of the buy side peeps (PMs and research analysts) regarding the Bloomberg platform vs the Thomson Reuters one.

I hear and read that the Bloomberg terminal offers more complex tools but could you please give some examples of the advantages the more expensive platform offers.

Thanks again

  • thomson reuters
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bluefalcon's picture

It does depend slightly on

bluefalcon
      ER
 
(Monkey, 35
 
Points)
 on 11/16/11 at 4:41am

It does depend slightly on what your looking for, but Bloomberg is simply better in every way. If you can think of it, most likely you can do it on Bloomberg. If you do the same with Thomson Reuters, you will end up on the phone with support and they will say they can do it, but it will be a half-ass job (e.g. incomplete dataset, 6 different functions for the same number and one is needed for various companies). To put it in perspective on why is this is just an unfair comparison, Thomson is $300 a month, Bloomberg is $1500. It is like comparing Allen Edmonds to John Lobb Paris bespoke shoes.

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futurectdoc's picture

My friend worked at UBS PWM

futurectdoc
      IB
 
(King Kong, 1,692
 
Points)
 on 11/16/11 at 6:26am

My friend worked at UBS PWM and at the office he was at they only had Bloomberg Terminals, it depends on whether you can afford it or not.

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GoodBread's picture

This question was asked a few

GoodBread
      AM
 
 
(Neanderthal, 3,639
 
Points)
 on 11/16/11 at 7:03am

This question was asked a few years ago and the best response (can't remember by who) was "Reuters is fugazi." Couldn't agree more, Bloomberg is pretty incredible.

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fauowl84's picture

I just can't imagine a

fauowl84
      ER
 
(Chimp, 4
 
Points)
 on 11/16/11 at 9:11pm

I just can't imagine a financial firm not using bloomberg... I like the excel functionality the most, but the news filters are exceptional as well. So is the sports betting info ;)

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Working9-5's picture

Reuters suck big hairy balls.

Working9-5
      ST
 
(Gorilla, 614
 
Points)
 on 11/17/11 at 8:25pm

Reuters suck big hairy balls. Datasets are incomplete, can't find what I'm looking for, going full retard on functions and terrible logic behind it all.

Bloomberg is porn for everyone with a business degree.

CNBC sucks

"This financial crisis is worse than a divorce. I've lost all my money, but the wife is still here." - Client after getting blown up

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