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Bloomberg Terminal Reviews & Product Details

Arnab D.
AD
Founder Campaign Candy
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Bloomberg Terminal?

Bloomberg is that ocean of data which I was looking for my business uses. It has gotten me data of such companies which are not even listed in the stock exchanges. Review collected by and hosted on G2.com.

What do you dislike about Bloomberg Terminal?

The only thing that is concerning about Bloomberg is it's price. It is very high for a normal user to use. Review collected by and hosted on G2.com.

What problems is Bloomberg Terminal solving and how is that benefiting you?

Since I own a marketing agency I need data of many employees in a company. Those insights are provided by bloomberg.

Also as an investor, Bloomberg provides me financial statements of companies that are not even listed which helps me invest wisely. Review collected by and hosted on G2.com.

Bloomberg Terminal Overview

What is Bloomberg Terminal?

The Bloomberg Terminal is at the cutting edge of innovation, delivering fast access to indispensible news, data and trading tools from any internet-connected PC or mobile device, and helping its subscribers turn knowledge into action.

Bloomberg Terminal Details
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Product Description

The Bloomberg Terminal is at the cutting edge of innovation, delivering fast access to indispensible news, data and trading tools from any internet-connected PC or mobile device, and helping its subscribers turn knowledge into action.


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Recent Bloomberg Terminal Reviews

Marco Antonio R.
MR
Marco Antonio R.Small-Business (50 or fewer emp.)
4.5 out of 5
"Bloomberg Terminal is THE golden standard tool in the finance industry."
The time we save as portfolio managers using the different tools make our day-to-day duties easier. Customer support and webinars on new releases k...
Arnab D.
AD
Arnab D.Small-Business (50 or fewer emp.)
5.0 out of 5
"Best database to extract data"
Bloomberg is that ocean of data which I was looking for my business uses. It has gotten me data of such companies which are not even listed in the ...
AL
Alvaro L.Mid-Market (51-1000 emp.)
5.0 out of 5
"Great platform for finances"
Quick information and always improving their tools.
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Bloomberg Terminal Media

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Video Reviews

65 out of 66 Total Reviews for Bloomberg Terminal

4.3 out of 5
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Bloomberg Terminal Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for Bloomberg TerminalQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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Marco Antonio R.
MR
Portfolio Manager
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Bloomberg Terminal?

The time we save as portfolio managers using the different tools make our day-to-day duties easier. Customer support and webinars on new releases keep us up to date. Review collected by and hosted on G2.com.

What do you dislike about Bloomberg Terminal?

Bloomberg is not a cheap tool that everyone can afford. Review collected by and hosted on G2.com.

What problems is Bloomberg Terminal solving and how is that benefiting you?

We use Bloomberg Terminal for research on fixed income, equities and mutual funds (which is really time consuming in other apps). We also conduct trading of derivatives, fixed income and stocks, as the Terminal is connected with our main brokers. Review collected by and hosted on G2.com.

AL
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Bloomberg Terminal?

Quick information and always improving their tools. Review collected by and hosted on G2.com.

What do you dislike about Bloomberg Terminal?

Information of mutual funds is not updated. Review collected by and hosted on G2.com.

What problems is Bloomberg Terminal solving and how is that benefiting you?

Automatización of tools that depends of the prices. Portfolio analysis with performance attribution set with custom groups. Review collected by and hosted on G2.com.

Verified User in Financial Services
UF
Enterprise(> 1000 emp.)
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Validated Reviewer
Review source: Organic
What do you like best about Bloomberg Terminal?

Comprehensive financial data and analytics Review collected by and hosted on G2.com.

What do you dislike about Bloomberg Terminal?

Too expensive, cheaper alternatives are available eg Koyfin. Closed system with little ability to interact with it programatically. Review collected by and hosted on G2.com.

What problems is Bloomberg Terminal solving and how is that benefiting you?

Investment research Review collected by and hosted on G2.com.

Verified User in Investment Management
UI
Enterprise(> 1000 emp.)
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Validated Reviewer
Review source: Organic
What do you like best about Bloomberg Terminal?

Excellent support that's available at almost all times of the day. The support team can go to great lengths to satisfy the customer. Very smooth interface and it's a bliss to use it. Review collected by and hosted on G2.com.

What do you dislike about Bloomberg Terminal?

Too many shortcuts to remember.

Not so easy to hit the ground running for someone who's just started using it.

Customizations take longer than usual in my experience with the software Review collected by and hosted on G2.com.

What problems is Bloomberg Terminal solving and how is that benefiting you?

Live and end-of-day pricing of instruments.

Intricate information about companies and their promoters.

Portfolio management in both equity and fund management for clients Review collected by and hosted on G2.com.

Smruti P.
SP
Assistant Manager
Enterprise(> 1000 emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Bloomberg Terminal?

We used it for auditing the trades entered. The ability to set the rules and let the terminal check the same made life simpler. Further, it is a comprehensive software. A lot of activities which we used to conduct manually could be performed with the help of this system. Review collected by and hosted on G2.com.

What do you dislike about Bloomberg Terminal?

There are a lot of shortcuts to remember. We used bloomberg AIM which was just a part of the system but still had a lot of steps to navigate through Review collected by and hosted on G2.com.

Recommendations to others considering Bloomberg Terminal:

Though a bit pricey, it eased the end to end processes in the organisation Review collected by and hosted on G2.com.

What problems is Bloomberg Terminal solving and how is that benefiting you?

We used it to code and apply rules and it helped to automate lot of manual tasks. Review collected by and hosted on G2.com.

Supreet Anurag S.
SS
Senior Analyst
Enterprise(> 1000 emp.)
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Validated Reviewer
Review source: G2 invite
Chetan K.
CK
Consultant
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Bloomberg Terminal?

- Bloomberg has a vast repository of financial data that is difficult to find outside in one place. Its repository would suffice all the basic and advanced needs

- Data is always the latest and up to date

- Provide live financial news Review collected by and hosted on G2.com.

What do you dislike about Bloomberg Terminal?

- Bloomberg is not at all a simple interface for a first-time user. This experience would be much smoother once the user gets used to it

- Terminal setup and cost are a bit high Review collected by and hosted on G2.com.

What problems is Bloomberg Terminal solving and how is that benefiting you?

I have utilized Bloomberg services for fetching financial information about various companies that I would be researching. Since I would require the latest data, Bloomberg is my go-to choice. It also has data from non-listed companies. Review collected by and hosted on G2.com.

Verified User in Financial Services
UF
Enterprise(> 1000 emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Bloomberg Terminal?

It enables professionals in the financial service sector and other industries to access Bloomberg Professional Services. Users can monitor and analyze real-time financial market data and place trades on the electronic trading platform. In any financial company, from the front office to the middle and back office, it has all the functions and features you need. Review collected by and hosted on G2.com.

What do you dislike about Bloomberg Terminal?

Its way of structuring and coding predominates it; if a company wants to tailor the product to its own need, it will cost a lot of money and time, unfortunately. Review collected by and hosted on G2.com.

Recommendations to others considering Bloomberg Terminal:

It provides a one-stop service to all financial institutions Review collected by and hosted on G2.com.

What problems is Bloomberg Terminal solving and how is that benefiting you?

My firm uses it for trading, portfolio management, monitoring, and surveillance purpose. Review collected by and hosted on G2.com.

Verified User in Financial Services
UF
Enterprise(> 1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Bloomberg Terminal?

News commentary is unbiased and fast, faster than other news channels and notifications are great. Relevant news to the day to day. Also fairly intuitive for pulling data in scale Review collected by and hosted on G2.com.

What do you dislike about Bloomberg Terminal?

Many functions it's hard to know if you are using the most efficient method Review collected by and hosted on G2.com.

Recommendations to others considering Bloomberg Terminal:

If your company is paying for it, great. If not, use a credit card that gives some kind of reward back for purchasing it. Review collected by and hosted on G2.com.

What problems is Bloomberg Terminal solving and how is that benefiting you?

Understand what's happening in the market and performance analysis for funds, also basic detail for funds such as the organization, inception, yields, top holdings. Ease of pulling up data during calls is great. Review collected by and hosted on G2.com.

SR
Senior Research Analyst
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Bloomberg Terminal?

The SPLC function provides you with an insight into the suppliers and customers of almost all the companies in the world. Further, the GMM, NEWS, and QUIC functions help you to keep track of the global financial markets at one place. Moreover, the DRSK function has been pretty useful in getting an idea into default risk of a particular company at a particular time and take necessary steps accordingly. Review collected by and hosted on G2.com.

What do you dislike about Bloomberg Terminal?

Although all the functionalities within Bloomberg have proved to be helpful at some time or the other, the price of getting a Bloomberg terminal as compared to other financial data providers in the market is just too much. Until you can justify using the Bloomberg terminal to its full potential, it would be a significant expenditure for the Company. Review collected by and hosted on G2.com.

Recommendations to others considering Bloomberg Terminal:

The Bloomberg terminal provides you with a full-fledged package and aids you in staying ahead of the market. Just make sure to use it to its full potential. Review collected by and hosted on G2.com.

What problems is Bloomberg Terminal solving and how is that benefiting you?

Bloomberg terminal has been pretty useful in helping me to do valuation of companies by providing me with future assumption basis, industry-specific data, and also the macro-economic conditions prevailing. It has also helped me with my credit assessments and financial modeling processes. Review collected by and hosted on G2.com.