Bloomberg Terminal vs. Reval

Depending on which area of the finance sector you may work in, the Bloomberg Terminal will have plenty of helpful functionality for you. Two specific scenarios for myself in the Structured Finance area are tracking the pricing benchmark and following outstanding deals in the market. You can follow progress of the deals, how well they are advancing, and final pricing details

Incentivized

Reval is suited to a large number of transactions across a disaggregated business. It may not be well suited where especially complex derivatives and highly stylized reporting are required.

Incentivized

• Communicating with investors, banks, partners, etc
• Tracking key market metrics
• Monitoring existing and previous structured finance deals

Incentivized

• Automates liquidity management via bank account interfaces across a large number of global bank accounts
• Enables decentralized access and management at, local, regional, and global levels
• End-to-end tracking, reporting, accounting, and settlement of all derivative and financial trades.

Incentivized

• Visual user interface
• A lot of functionality, need tutorials and lessons to narrow down
• Expensive!
• Some information may be delayed

Incentivized

• The user interface is not as fresh or pretty as some competitors, but is nonetheless very functional.
• Advanced report-writing likewise is not as simple as some competitors, however once set up, reports are usually easy to modify.

Incentivized

They are usually prompt and reliable. Occasionally, we have time difference issues as support is often offshore some local staff turnover since ION acquired Reval, but this has been managed.

Incentivized

While there are a lot of competitive services in the marketplace, each good in its own right, the Bloomberg Terminal is considered the top product. It has key fast information and can help individuals make fast decisions. It also has a top-tier support desk that can answer questions for you and teach you functionality to apply to your role

Incentivized

GTreasury acquired Visual Risk (which was an alternative product), but we preferred Reval for processing grunt (albeit GTreasury/Visual risk had an easier user interface). Have used Sungard/Quantum previously, however, I haven't looked at it recently.

Incentivized

• Appropriate pricing of deals due to market comparisons
• Instant communication with key stakeholders
• Top and quick newsbreaks

Incentivized

• Excellent ROI in terms of being able to scale volume and complexity without adding headcount
• Excellent ROI in terms of automation
• Much more timely and effective management of key financial risks facing the business

Incentivized