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Bloomberg Terminal

Score9 out of 10

50 Reviews and Ratings

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What is Bloomberg Terminal?

Sitting on the desks of 325,000 of the world’s most influential decision makers, the Bloomberg Terminal is a modern icon of financial markets. Launched in 1981, long before PCs and the internet became ubiquitous, the Bloomberg Terminal connected market participants to data, analytics and information-delivery service.

Categories & Use Cases

Reviews

What users are saying about Bloomberg Terminal.
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BBG Terminal - Great Product

Incentivized
Verified User
Strategist in Finance and Accounting (501-1000 employees employees)

Use Cases and Deployment Scope

The Bloomberg Terminal is a great platform that is very valuable at both our organization and finance industry. The product is used on a daily basis. It addresses several key business needs such as, but not limited to, communicating with individuals in the industry, getting news quickly, and tracking the market. We are able to make educated decisions quickly with the help of this platform.

Pros

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

Cons

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

Most Important Features

  • Email and Messaging
  • Benchmark tracking
  • Structured Finance deal library and details

Return on Investment

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

Alternatives Considered

FactSet, S&P Capital IQ and Morningstar Direct

Other Software Used

Microsoft Excel, Microsoft Powerpoint, Outlook4Gmail