

The price drops to $24,240 per terminal per year for 2 or more terminals.Īcademic discounts: For universities looking to power their finance labs with the famous terminals, Bloomberg offers significant incentives. The cost of a Bloomberg Terminal is $27,660 per year, and terminals are leased on a two-year basis. Its closest rival is Refinitiv Eikon, with ~20% of the market share. It controls more than ~33% of the financial data market. (1) Source: Burton-Taylor International Consulting 2020 Financial Market Data Report Bloombergīloomberg is the 800-pound gorilla in the financial data world, with financial data revenue of approximately $10+ billion. The cost of Eikon is $22,000 per year, but a stripped-down version can cost as little as $3,600 per year. The cost of a FactSet subscription is $12,000 per year for the full product. The lack of transparency around Capital IQ’s pricing stems from their product offerings being customized solutions for the customer profile and specific use-cases. The cost of Capital IQ is not published publicly, as the pricing model is tier-based and tailored to meet the specific needs of each customer. The price drops to $24,240 per terminal per year for two or more terminals. The cost of a Bloomberg Terminal is $27,660/year for one license, and terminals are leased on a two-year basis.

sell-side), and apps and features that might push users to favor one data provider over another.

The goal of this article is to provide a thorough comparison of cost, industry relevance ( buy-side vs.

Financial data providers are a key part of a finance professional’s workflow.
