capital IQ vs FactSheet vs bloomberg for ER and AM

first of all sorry if this is the wrong section but it was the least "wrong" in my perspective. basically i'd like to know which are the mostly used platforms in ER (buy and sell side) and AM (which i know are a bit different as for the needs in terms of data).

i have read many topics on the argument but the comments were a bit elusive especially because none of them was recent. the summary of my findings so far is at follows:

bloomberg
1) for Fixed Income is king
2) is best for market data and news

factset
3) jack of all trades as for risk, portfolios, financial data (which sometimes lack precision)
4) somewhat cheaper
5) strong emphasis on automation

Capital IQ
6) has great flexibility since it is web based
7) strong audability
8) large database with many M&A transactions
9) seems to be geared toward M&A/PE
10) can be reasonably automated

still, in the real world, which ones are used for ER and AM and why?

9 Comments
 

Bloomberg hands down

"After you work on Wall Street it’s a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side.” - David Tepper
 

I use both Bloomberg and Factset...I like Factset more but Bloomberg still has more information available.

"When you expect things to happen - strangely enough - they do happen." - JP Morgan
 
eignenvector

I use both Bloomberg and Factset...I like Factset more but Bloomberg still has more information available.

why?
 

I find the layout of Factset a lot cleaner and easier to find things regarding specific companies, also slightly more intuitive to use.

"When you expect things to happen - strangely enough - they do happen." - JP Morgan
 

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