# Bloomberg Terminal vs FactSet Workstation Comparison | | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Star Rating** | 4.4 out of 5 | 4.2 out of 5 | | **Total Reviews** | 69 | 64 | | **Largest Market Segment** | Enterprise (40.6% of reviews) | Small-Business (46.9% of reviews) | | **Entry Level Price** | No pricing available | No pricing available | --- ## Top Pros & Cons ### Bloomberg Terminal Pros: - Financial Information (2 reviews) - Market Research (2 reviews) Cons: - Difficult Navigation (1 reviews) - Expensive (1 reviews) ### FactSet Workstation Pros: - User Experience (3 reviews) - Analytics (2 reviews) Cons: - Poor Usability (2 reviews) - Complexity (1 reviews) --- ## Ratings Comparison | Rating | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Meets Requirements** | 9.3 (57 reviews) | 8.7 (47 reviews) | | **Ease of Use** | 7.7 (58 reviews) | 8.0 (47 reviews) | | **Ease of Setup** | 7.1 (13 reviews) | 7.7 (33 reviews) | | **Ease of Admin** | 6.7 (8 reviews) | 7.6 (14 reviews) | | **Quality of Support** | 8.5 (57 reviews) | 8.2 (45 reviews) | | **Has the product been a good partner in doing business?** | 8.8 (11 reviews) | 8.5 (19 reviews) | | **Product Direction (% positive)** | 7.2 (55 reviews) | 7.0 (43 reviews) | --- ## Pricing ### Bloomberg Terminal #### Entry-Level Pricing No pricing available #### Free Trial No information available ### FactSet Workstation #### Entry-Level Pricing No pricing available #### Free Trial Yes --- ## Features Comparison By Category ### Financial Research | Product | Score | Reviews | |---|---|---| | **Bloomberg Terminal** | 8.6/10 | 49 | | **FactSet Workstation** | 7.8/10 | 36 | #### Financial Information | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Data Visualization** | 9.0 (47 reviews) | 8.3 (14 reviews) | | **Document Search** | 8.3 (43 reviews) | 7.9 (17 reviews) | #### Analysis | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Financial Analysis** | 9.5 (48 reviews) | 8.5 (22 reviews) | | **Charting** | 9.0 (46 reviews) | 6.9 (17 reviews) | | **Risk Analysis** | 8.7 (43 reviews) | 7.4 (11 reviews) | | **Document Annotation** | 8.2 (25 reviews) | 7.3 (8 reviews) | | **Collaboration** | 7.5 (23 reviews) | 7.2 (10 reviews) | #### Market News | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Alerts and Monitoring** | 9.1 (47 reviews) | 8.2 (16 reviews) | | **Market Information** | 9.5 (48 reviews) | 8.7 (25 reviews) | | **Market News** | 9.3 (48 reviews) | 8.3 (18 reviews) | #### Platform Basics | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Mobility** | 6.8 (29 reviews) | 7.5 (10 reviews) | | **Interoperability** | 7.9 (28 reviews) | 7.1 (23 reviews) | #### Agentic AI - Financial Research | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Multi-step Planning** | Not enough data | Not enough data | ### Investment Portfolio Management | Product | Score | Reviews | |---|---|---| | **Bloomberg Terminal** | N/A | N/A | | **FactSet Workstation** | N/A | N/A | #### Functionality | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Customizable Reporting** | Not enough data | Not enough data | | **Market Analytics** | Not enough data | Not enough data | | **Client Portal** | Not enough data | Not enough data | | **Investment Accounting** | Not enough data | Not enough data | | **Real time ** | Not enough data | Not enough data | | **Compliance** | Not enough data | Not enough data | | **Customizable Reporting** | Not enough data | Not enough data | | **Investor Portal** | Not enough data | Not enough data | | **Historical Reporting** | Not enough data | Not enough data | | **Investor Reporting** | Not enough data | Not enough data | | **Visual Analytics** | Not enough data | Not enough data | | **Tax Compliance** | Not enough data | Not enough data | | **Portfolio Reporting** | Not enough data | Not enough data | #### Integration | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Data aggregation** | Not enough data | Not enough data | | **Accounting Integration** | Not enough data | Not enough data | | **Risk Management** | Not enough data | Not enough data | | **Portfolio Accounting** | Not enough data | Not enough data | | **Contact Management** | Not enough data | Not enough data | | **Workflow Management** | Not enough data | Not enough data | | **Investor Management** | Not enough data | Not enough data | | **Trade Management** | Not enough data | Not enough data | | **Investment Management** | Not enough data | Not enough data | | **Portfolio Management** | Not enough data | Not enough data | | **Document Management** | Not enough data | Not enough data | | **Compliance Management** | Not enough data | Not enough data | | **Order Management** | Not enough data | Not enough data | | **Fund Management** | Not enough data | Not enough data | | **Tax Management** | Not enough data | Not enough data | | **Cash Management** | Not enough data | Not enough data | | **Client Management** | Not enough data | Not enough data | | **Fee Management** | Not enough data | Not enough data | | **Financial Management** | Not enough data | Not enough data | | **Stock Management** | Not enough data | Not enough data | #### Agentic AI - Investment Portfolio Management | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Multi-step Planning** | Not enough data | Not enough data | | **Cross-system Integration** | Not enough data | Not enough data | | **Adaptive Learning** | Not enough data | Not enough data | | **Proactive Assistance** | Not enough data | Not enough data | | **Forecasting** | Not enough data | Not enough data | | **Third-Party Integrations** | Not enough data | Not enough data | | **Categorization/Grouping** | Not enough data | Not enough data | | **Budgeting/Forecasting** | Not enough data | Not enough data | #### Additional Functionality | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Risk Assessment** | Not enough data | Not enough data | | **Automated Execution** | Not enough data | Not enough data | | **Monitoring** | Not enough data | Not enough data | | **Financial Analysis** | Not enough data | Not enough data | | **Cryptocurrency Tracking** | Not enough data | Not enough data | | **Generative AI** | Not enough data | Not enough data | | **Profit/Loss Statement** | Not enough data | Not enough data | | **Risk Analysis** | Not enough data | Not enough data | | **General Ledger** | Not enough data | Not enough data | | **Customizable Reports** | Not enough data | Not enough data | | **Investor Communication** | Not enough data | Not enough data | | **Performance Analysis** | Not enough data | Not enough data | | **Performance Metrics** | Not enough data | Not enough data | | **AI Copilot** | Not enough data | Not enough data | | **Portfolio Analysis** | Not enough data | Not enough data | | **Activity Tracking** | Not enough data | Not enough data | | **CRM** | Not enough data | Not enough data | | **For Hedge Funds** | Not enough data | Not enough data | | **Audit Trail** | Not enough data | Not enough data | | **Data Import/Export** | Not enough data | Not enough data | | **Collaboration Tools** | Not enough data | Not enough data | | **Mobile Access** | Not enough data | Not enough data | | **Modeling & Simulation** | Not enough data | Not enough data | | **Compliance Tracking** | Not enough data | Not enough data | | **For Investment Advisors** | Not enough data | Not enough data | | **Portfolio Rebalancing** | Not enough data | Not enough data | | **Investment Research** | Not enough data | Not enough data | | **Commodity Futures** | Not enough data | Not enough data | | **API** | Not enough data | Not enough data | | **Activity Dashboard** | Not enough data | Not enough data | | **Benchmarking** | Not enough data | Not enough data | | **Alerts/Notifications** | Not enough data | Not enough data | | **Investments Tracking** | Not enough data | Not enough data | | **Bonds/Stocks** | Not enough data | Not enough data | | **For Investors & Traders** | Not enough data | Not enough data | | **Multi-Currency** | Not enough data | Not enough data | | **Stock Tracking** | Not enough data | Not enough data | | **Watch List** | Not enough data | Not enough data | | **What-if Analysis** | Not enough data | Not enough data | | **Goal Setting/Tracking** | Not enough data | Not enough data | | **Wash Sale Detection** | Not enough data | Not enough data | | **For Traders** | Not enough data | Not enough data | | **Side-by-Side Comparison** | Not enough data | Not enough data | ### Financial Analytics | Product | Score | Reviews | |---|---|---| | **Bloomberg Terminal** | N/A | N/A | | **FactSet Workstation** | 6.9/10 | 11 | #### Platform Additional Functionality | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Dashboard** | Not enough data | 8.2 (11 reviews) | | **Cloud** | Not enough data | 7.1 (8 reviews) | #### Platform Content | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Automation** | Not enough data | 6.3 (8 reviews) | | **Content Library** | Not enough data | 6.9 (8 reviews) | #### Platform Data | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Visualization** | Not enough data | 6.7 (8 reviews) | #### Platform Interoperability | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **API** | Not enough data | 6.2 (7 reviews) | #### Platform Performance | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Reporting** | Not enough data | 5.8 (8 reviews) | #### Agentic AI - Financial Analytics | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Proactive Assistance** | Not enough data | Not enough data | ### Financial Risk Management | Product | Score | Reviews | |---|---|---| | **Bloomberg Terminal** | N/A | N/A | | **FactSet Workstation** | N/A | N/A | #### Platform Data | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Visualization** | Not enough data | Not enough data | #### Platform Interoperability | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Pre-Built Connectors** | Not enough data | Not enough data | #### Platform Additional Functionality | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Activity Dashboard** | Not enough data | Not enough data | | **Multi-Factor Analysis** | Not enough data | Not enough data | | **Cloud** | Not enough data | Not enough data | | **Risk Analysis** | Not enough data | Not enough data | | **Modified Dietz Analysis** | Not enough data | Not enough data | | **Portfolio Analysis** | Not enough data | Not enough data | | **Liquidity Analysis** | Not enough data | Not enough data | | **Rate of Return Analysis** | Not enough data | Not enough data | #### Platform Basics | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Reporting** | Not enough data | Not enough data | | **Financial Risk Reporting** | Not enough data | Not enough data | #### Agentic AI - Financial Risk Management | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Natural Language Interaction** | Not enough data | Not enough data | #### Additional Functionality | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Stress Tests** | Not enough data | Not enough data | | **LME** | Not enough data | Not enough data | | **Controls Audit** | Not enough data | Not enough data | | **Counterparty Risks** | Not enough data | Not enough data | | **Income & Balance Sheet** | Not enough data | Not enough data | | **Risk Assessment** | Not enough data | Not enough data | | **Market Risk Management** | Not enough data | Not enough data | | **Debt Management** | Not enough data | Not enough data | | **Interest Rate Risks** | Not enough data | Not enough data | | **Loan Portfolio Management** | Not enough data | Not enough data | | **BSA Compliance** | Not enough data | Not enough data | | **Business Process Control** | Not enough data | Not enough data | | **NYBOT** | Not enough data | Not enough data | | **Scenario Planning** | Not enough data | Not enough data | | **Foreign Exchange Risks** | Not enough data | Not enough data | | **OTC** | Not enough data | Not enough data | | **Generative AI** | Not enough data | Not enough data | | **For Hedge Funds** | Not enough data | Not enough data | | **Credit Risk Management** | Not enough data | Not enough data | | **Derivative Valuation** | Not enough data | Not enough data | | **ACH Payment Processing** | Not enough data | Not enough data | | **Reporting & Statistics** | Not enough data | Not enough data | | **AIMR Compliance** | Not enough data | Not enough data | | **NYMEX** | Not enough data | Not enough data | | **Compliance Management** | Not enough data | Not enough data | | **Reporting/Analytics** | Not enough data | Not enough data | | **Operational Risk Management** | Not enough data | Not enough data | | **GLBA Management** | Not enough data | Not enough data | | **Enterprise Risk Management** | Not enough data | Not enough data | | **Data Management** | Not enough data | Not enough data | | **Portfolio Management** | Not enough data | Not enough data | | **Trade Tracking** | Not enough data | Not enough data | | **API** | Not enough data | Not enough data | | **FACTA Red Flags** | Not enough data | Not enough data | | **AI Copilot** | Not enough data | Not enough data | | **Fraud Detection** | Not enough data | Not enough data | | **Audit Trail** | Not enough data | Not enough data | | **Portfolio Modeling** | Not enough data | Not enough data | | **Performance Metrics** | Not enough data | Not enough data | | **Hierarchy Management** | Not enough data | Not enough data | | **Limit Control** | Not enough data | Not enough data | | **CBOT** | Not enough data | Not enough data | | **Vendor Management** | Not enough data | Not enough data | ### Market Intelligence | Product | Score | Reviews | |---|---|---| | **Bloomberg Terminal** | N/A | N/A | | **FactSet Workstation** | 7.2/10 | 7 | #### Data collection | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Natural Language Processing (NLP)** | Not enough data | Not enough data | | **Data Sources** | Not enough data | 7.7 (5 reviews) | | **Custom Research Sources** | Not enough data | Not enough data | | **Lead Enrichment** | Not enough data | Not enough data | | **Advanced Data Collection** | Not enough data | Not enough data | #### Segment Trending | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Web** | Not enough data | Not enough data | | **Social** | Not enough data | Not enough data | | **Benchmarks** | Not enough data | Not enough data | | **Finance ** | Not enough data | 6.7 (5 reviews) | #### Analysis | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Custom Dashboards** | Not enough data | Not enough data | | **Reports** | Not enough data | 7.7 (5 reviews) | | **Integrations** | Not enough data | Not enough data | #### Platform | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Search** | Not enough data | 7.6 (7 reviews) | | **User, Role, And Access Management** | Not enough data | Not enough data | | **Mobile User Support** | Not enough data | Not enough data | | **Alerts** | Not enough data | 8.0 (5 reviews) | | **Collaboration** | Not enough data | Not enough data | | **Compliance** | Not enough data | Not enough data | #### Agentic AI - Market Intelligence | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Cross-system Integration** | Not enough data | Not enough data | | **Proactive Assistance** | Not enough data | Not enough data | ### Fixed Income Pricing Data | Product | Score | Reviews | |---|---|---| | **Bloomberg Terminal** | 9.8/10 | 5 | | **FactSet Workstation** | N/A | N/A | #### Market Data | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Market Data** | 9.7 (5 reviews) | Not enough data | | **Alerts** | 10.0 (5 reviews) | Not enough data | | **Dashboard** | 9.7 (5 reviews) | Not enough data | | **Filtering** | Not enough data | Not enough data | #### Analytics | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Portfolio Management** | Not enough data | Not enough data | | **Machine Learning** | Not enough data | Not enough data | | **Reporting** | Not enough data | Not enough data | | **Risk Management** | Not enough data | Not enough data | #### Agentic AI - Fixed Income Pricing Data | Feature | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Decision Making** | Not enough data | Not enough data | --- ## Categories **Shared Categories (2):** [Financial Research Software](https://www.g2.com/categories/financial-research), [Fixed Income Pricing Data Software](https://www.g2.com/categories/fixed-income-pricing-data) **Unique to FactSet Workstation (4):** [Financial Analytics Software](https://www.g2.com/categories/financial-analytics), [Investment Portfolio Management Software](https://www.g2.com/categories/investment-portfolio-management), [Market Intelligence Software](https://www.g2.com/categories/market-intelligence), [Financial Risk Management Software](https://www.g2.com/categories/financial-risk-management) --- ## Reviewer Demographics ### By Company Size | Segment | Bloomberg Terminal | FactSet Workstation | |---|---|---| | **Small-Business** | 31.9% | 46.9% | | **Mid-Market** | 27.5% | 23.4% | | **Enterprise** | 40.6% | 29.7% | ### By Industry #### Bloomberg Terminal - **Financial Services:** 52.2% - **Investment Management:** 13.0% - **Education Management:** 7.2% - **Capital Markets:** 4.3% - **Investment Banking:** 2.9% - **Insurance:** 2.9% - **Higher Education:** 2.9% - **Banking:** 1.4% - **Computer Software:** 1.4% - **Consumer Electronics:** 1.4% - **Other:** 10.1% #### FactSet Workstation - **Financial Services:** 45.0% - **Investment Management:** 18.3% - **Investment Banking:** 10.0% - **Research:** 3.3% - **Hospital & Health Care:** 3.3% - **Capital Markets:** 3.3% - **Banking:** 3.3% - **Venture Capital & Private Equity:** 1.7% - **Semiconductors:** 1.7% - **Real Estate:** 1.7% - **Other:** 8.3% --- ## Alternatives ### Alternatives to Bloomberg Terminal - [Morningstar Direct](https://www.g2.com/products/morningstar-direct/reviews) — 4.1/5 stars (428 reviews) - [AlphaSense](https://www.g2.com/products/alphasense/reviews) — 4.6/5 stars (335 reviews) - [PitchBook](https://www.g2.com/products/pitchbook/reviews) — 4.5/5 stars (256 reviews) - [YCharts](https://www.g2.com/products/ycharts/reviews) — 4.7/5 stars (132 reviews) - [S&P Capital IQ Pro](https://www.g2.com/products/s-p-capital-iq-pro/reviews) — 4.3/5 stars (68 reviews) - [Sentieo by AlphaSense](https://www.g2.com/products/sentieo-by-alphasense/reviews) — 4.5/5 stars (40 reviews) - [S&P Capital IQ Platform](https://www.g2.com/products/s-p-capital-iq-platform/reviews) — 4.3/5 stars (36 reviews) - [Morningstar Direct Advisory Suite (formerly Advisor Workstation)](https://www.g2.com/products/morningstar-direct-advisory-suite-formerly-advisor-workstation/reviews) — 4.1/5 stars (289 reviews) - [Crunchbase](https://www.g2.com/products/crunchbase/reviews) — 4.4/5 stars (408 reviews) - [Perplexity](https://www.g2.com/products/perplexity/reviews) — 4.4/5 stars (329 reviews) ### Alternatives to FactSet Workstation - [AlphaSense](https://www.g2.com/products/alphasense/reviews) — 4.6/5 stars (335 reviews) - [Morningstar Direct Advisory Suite (formerly Advisor Workstation)](https://www.g2.com/products/morningstar-direct-advisory-suite-formerly-advisor-workstation/reviews) — 4.1/5 stars (289 reviews) - [PitchBook](https://www.g2.com/products/pitchbook/reviews) — 4.5/5 stars (256 reviews) - [Morningstar Direct](https://www.g2.com/products/morningstar-direct/reviews) — 4.1/5 stars (428 reviews) - [Crunchbase](https://www.g2.com/products/crunchbase/reviews) — 4.4/5 stars (408 reviews) - [GTM Workspace - Powered by ZoomInfo](https://www.g2.com/products/gtm-workspace-powered-by-zoominfo/reviews) — 4.5/5 stars (9114 reviews) - [Klue](https://www.g2.com/products/klue/reviews) — 4.7/5 stars (443 reviews) - [Semrush](https://www.g2.com/products/semrush/reviews) — 4.4/5 stars (4031 reviews) - [G2 Marketing Solutions](https://www.g2.com/products/g2/reviews) — 4.6/5 stars (5755 reviews) - [Qualtrics Market Research](https://www.g2.com/products/qualtrics-market-research/reviews) — 4.4/5 stars (3018 reviews) --- ## Top Discussions ### Bloomberg Terminal No discussions available for this product. ### FactSet Workstation - Title: [What is a research management system?](https://www.g2.com/discussions/what-is-a-research-management-system) — 1 comment > **Top comment:** "My experience here was a very terrible one. After I had made my second deposit I was blocked out. Nothing I did worked. I was so frustrated and giving up on..." --- **Source:** [G2.com](https://www.g2.com) | [Comparison Page](https://www.g2.com/compare/bloomberg-terminal-vs-factset-workstation)