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Is factset or bloomberg cheaper

Updated: 9/14/2023
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15y ago

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depends on what you are trying to do. Bloomberg charges you a fee for all their data whether you need the data or not. So in the case you are not using all the features of Bloomberg, then Bloomberg would be more expensive. FactSet you pick and choose wich data sets and applications that you need so it fits your workflow. In some cases the data sets/applications offered by both providers overlap, but in other cases their are clear advantages on having one or the other (ex ease of use, quality/breadth of data, ability to customize, etc). Both also have consulting services which are included in their services.

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