Who uses CapIQ vs FactSet
Does Goldman, JPM, Evercore, PWP, PJT, BAML all use CapIQ? Or factset or only Bloomberg
Trending Content - Investment Banking Forum
Career Resources
WSO Free Modeling Series - Now Open Through
August 31, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
Why does it matter? you'll use whatever the firm gives you. I think CapIQ and Bloomberg is standard at BB's
I think it’s a relevant question if planning to lateral, though agree not very important in grand scheme of things.
But if you were raised on CapIQ and lateral to a bank that also used CapIQ then you can hit the ground running from Day 1 instead of taking a few weeks to learn the formula syntax and interface for FactSet.
It's for the banking club recruiting guide
Goldman uses CapIQ
BofA uses FactSet
I use CapIQ at bofa
I am not there anymore, but at least until last year, BofA Europe IBD used FactSet
Barclays uses FactSet. Working on a deal with JPM and their guys send over excel sheets with FactSet codes in them. It’s an non-US team we’re working with, but I’d think they probably use the same data service across all geographies so I assume that means JPM also uses FactSet.
Personally I’ve used both and really prefer FactSet but I was also an intern when using CapIQ, so maybe it’s better than I realized from my limited use.
Current SA at goldman we use CapIQ
So they have live chat assistance?
Who doesn’t use CIQ? I thought that Factset was just a specialised database for ECM or when you want to get non traditional multiples like EBITA
A lot of places dont.
Hmm ok - never met anyone personally who didn’t have CIQ access ..
You were wrong
preslink is king
UBS uses both FactSet and SNL
I use/have access to both. No terminal though as most people in IB don’t have their own.
Capiq superior
Why? It doesn't even have live support chat
No but they have living human beings you can talk to in a matter of seconds. Personally I find this much nicer.
Citi uses Factset
EVR Factset
PWP uses both CIQ and FactSet, and BBG if necessary. Getting rid of FactSet to transition to just CIQ, much to everyone's annoyance
Piper used CapIQ primarily (though there were a couple Factset licenses were floating around). Used both in PE. CapIQ > Factset IMO.
piper uses ciq
I'm an idiot that's what I meant to write originally.
RBC == CAPIQ
What about boutiques like Centerview, PJT, Evercore, PWP
Expedita necessitatibus deleniti voluptate molestias qui. Blanditiis debitis in quod sit nisi.
Aspernatur odio sequi molestias enim earum. Qui pariatur voluptatum voluptatem alias qui repellendus fugit.
Et deleniti velit incidunt vero eaque vel voluptatum facilis. Non quis consequatur ea unde repellat saepe magni omnis. Iste tempora et ipsum qui saepe et. Dolores perspiciatis ullam dignissimos molestiae distinctio provident cupiditate iure.
Sit iusto libero doloribus suscipit est. In sit voluptates libero. Voluptatum praesentium dolorum et quia sint quos fuga eaque. Distinctio id et id aut temporibus vero esse. Sequi et doloribus quidem et a.
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...
Ipsum et excepturi aut quos. Porro non et incidunt culpa. Iure culpa sapiente repudiandae perspiciatis consequatur architecto vel.