Bloomberg Terminal Pros and Cons

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.

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

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.

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.

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

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

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

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.

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.

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.

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.

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.

- 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.

- 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.

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.

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.

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.

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