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. Refinitiv Eikon (Subsidiary of London Stock Exchange Group, Formerly Thomson Reuters)Īll four attempt to offer a one-stop-shop platform that provides all types of financial data services (with a massive price tag, as you’ll see below).For the investment banking analyst who needs to find historical data and forecasts to build a 3-statement model or for the currency trader looking for real-time quotes, having access to up-to-date and accurate financial data is critical.Īs it currently stands, the financial data industry is dominated by 4 large providers: Financial data providers are a key part of a finance professional’s workflow.

Bloomberg terminal subscription cost