Does anyone know which banks use bloomberg/factset/capital IQ?
Obviously every bank uses one of the three. But, which is the most prevalent? Anyone have experience from their bank?
Obviously every bank uses one of the three. But, which is the most prevalent? Anyone have experience from their bank?
+81 | Q&A - Buyside Equity Research Analyst/PM | 29 | 1w | |
+24 | Clues in Financial Reporting Analysis | 7 | 1w | |
+17 | Am i fairly compensated? | 9 | 1w | |
+14 | Data Science to PM | 8 | 2w | |
+14 | Heard they don’t model at Oppenheimer | 10 | 3w | |
Equity Research at Bank vs IG, High Yield & Leveraged Loans Research at Asset Manager | 4 | 1w | ||
+12 | ER - Remote Jobs? | 8 | 1w | |
+11 | Who uses sell-side Strategists? Are they valuable? | 4 | 2w | |
+10 | What Is Everyone's Exams situations like? | 10 | 6d | |
+8 | Best time to email ER MD? | 15 | 1w |
Career Resources
BarCap uses Thomson. My feeling is that FactSet is most common in Research, but I could be wrong. Bloomberg is significantly more expensive than the others, and I think that when you add in sector-specific data services, the price becomes harder to justify.
That being said, I would love to have my own Bloomberg.
FactSet is not significantly more expensive than Bloomberg. In fact, they're borderline identical in price.
You should slow down when you read. I said that Bloomberg is more expensive. On a single license basis, the price difference might not be huge, but for an institution, like a bank, that has hundreds of licenses, factset gives volume price breaks, where Bloomberg does not. Makes a huge difference.
Sorry, typo. I meant Bloomberg is not significantly more expensive than Factset. My bad.
And the price difference is virtually non-existent AFAIK. Doesn't really matter. When it comes to data access one should not be saving pennies and hampering the division's processes. One is clearly worse than the other and I'm sure you know which one.
Oh, and no. Factset is not the most common in research.
I'm not disagreeing that Bloomberg is better than any of these other platforms. I said that I would love to have a Bloomberg terminal if I had my choice. If factset isn't most common, then what is? Can you provide examples of what other research shops are using?
Expedita aspernatur autem dolorem praesentium voluptatibus. Non sequi autem optio eveniet quis totam aspernatur. Praesentium delectus voluptates officiis. Distinctio maxime a temporibus excepturi. Cumque autem deleniti aut est eos ipsam quia.
Repellat nemo sint consectetur repellat voluptatem incidunt. Expedita sunt aut hic rerum nulla cupiditate sed. Iusto dolor neque velit unde rerum dolore corporis dolor.
At enim velit et nesciunt dolorem. Animi non a culpa eos possimus. Eligendi consequuntur praesentium accusamus perferendis nihil occaecati quasi. Sit architecto quia officia vitae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...