FactSet Workstation

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
FactSet Workstation
Score 8.2 out of 10
N/A
The FactSet Workstation is a dynamic platform designed to empower financial professionals with seamless data access, advanced analytics, and technology. Integrating over 800 data sources across asset classes and markets, it consolidates crucial insights and elevates decision-making. Its AI-powered tools include smart search and chat features. The workstation simplifies complex workflows, enabling users to uncover insights quickly and improve collaboration. From research and portfolio…N/A
Pricing
FactSet Workstation
Editions & Modules
No answers on this topic
Offerings
Pricing Offerings
FactSet Workstation
Free Trial
Yes
Free/Freemium Version
No
Premium Consulting/Integration Services
Yes
Entry-level Setup FeeRequired
Additional Details
More Pricing Information
Community Pulse
FactSet Workstation
Considered Both Products
FactSet Workstation
Chose FactSet Workstation
PitchBook is better for private company data and getting contacts. It is also more useful for capital raises and data
AlphaSense is great for more targeted searches which FactSet is very bad at. FactSet often makes it hard to do searches and then once you get to a specific …
Chose FactSet Workstation
FactSet offers the most comprehensive info on industry-specific accounts. We don't currently have plans to leave.
Features
FactSet Workstation
Financial Research
Comparison of Financial Research features of Product A and Product B
FactSet Workstation
4.2
1 Ratings
52% below category average
Private Company Data1.01 Ratings
Industry-Specific Information3.01 Ratings
Independent Research Access5.01 Ratings
M&A Analysis6.01 Ratings
Macroeconomic News5.01 Ratings
Search Tools5.01 Ratings
Best Alternatives
FactSet Workstation
Small Businesses

No answers on this topic

Medium-sized Companies
S&P Capital IQ
S&P Capital IQ
Score 8.1 out of 10
Enterprises
S&P Capital IQ
S&P Capital IQ
Score 8.1 out of 10
All AlternativesView all alternatives
User Ratings
FactSet Workstation
Likelihood to Recommend
6.0
(5 ratings)
Likelihood to Renew
10.0
(1 ratings)
Usability
6.0
(1 ratings)
Support Rating
7.0
(1 ratings)
User Testimonials
FactSet Workstation
Likelihood to Recommend
FactSet
FactSet Workstation is great for equity research. It is very simple to use and has the most crucial items an analyst needs. Wish it can bridge some of the gaps a Bloomberg Terminal can provide such as the search function and most importantly the chat function. You can easily find an investor on Bloomberg and get the contact info to do more research, it's basically non-existent on FactSet Workstation. Also, I use the FactSet Workstation news function and a lot of times, the news are a repeat of the same thing through the day. I feel like reading the same thing. Better to send one less update if the customer/user already read it.
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Pros
FactSet
  • Easy/clear UI for navigation
  • Easily find and sort through financial filings to get to the data
  • Document search functionality seems to be improving consistently with more robust features
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Cons
FactSet
  • Excel add-in formulas are not constructed in an intuitive way and too often require assistance from help desk
  • No chat function for help desk, which means delayed assistance time or talking with non-native English speakers, some of whom can be difficult to understand
  • There should be an AI chatbot that can answer routine queries; for more advanced questions, a human rep can be connected
  • Portfolio performance metrics should be downloadable using Excel add-in rather than being available only on Workstation
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Likelihood to Renew
FactSet
We need the FactSet data and capabilities to complete 75% of the financial analyses that we complete for both internal and external purposes. It is invaluable and I am not aware of any other provider that would be able to fill this gap that FactSet does
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Usability
FactSet
It does everything I need. It is pretty user friendly and easy to work with whatever technology interface I am using (desk top, notebook, tablet, or mobile phone). I am able to get work done whether I am in the office, at home, or traveling. The user up time is very good. They are rarely doing maintenance when I need to use the platform
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Support Rating
FactSet
I think the data delivery could be improved, but it's a good data set.
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Alternatives Considered
FactSet
Product is magnitudes more affordable and provides 80% of the functionality that Bloomberg has and is working to build out the remaining. The workstation is more user friendly than bloomberg but still not perfect. Not as robust as a Bloomberg Terminal and doesn't have the chat/trading features.
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Return on Investment
FactSet
  • FactSet Workstation is essential to my work - let's just say I use it daily and feel more comfortable having it on in the background
  • Consensus info and transcripts are the go to feature
  • Newsflow is a third I use FactSet Workstation for - but would like it more if they provide more details like Visible Alpha
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ScreenShots

FactSet Workstation Screenshots

Screenshot of PM Hub, which simplifies portfolio management with tools for building, analyzing, and simulating trades for multi-asset class portfolios and exposures. Users can monitor positions in real time with customizable views, ensure compliance, and execute trades through its integration. Link IRN data to foster deeper collaboration between research analysts and portfolio managers.Screenshot of FactSet Internal Research Notes (IRN), which streamlines research with one connected platform. These can be used to organize, share, and analyze everything from market trends to individual securities. Its AI tools help to boost collaboration, enhance workflows, and drive smarter investment decisions.Screenshot of some of the available information which can used to analyze performance, risk, and attribution across multi-asset portfolios. This integrates portfolio, market, and proprietary data into a single platform to streamline workflows, adapt to market changes, and make confident decisions. From stress testing and scenario analysis to AI-driven insights, FactSet provides tools to strengthen portfolio resilience, uncover drivers of performance, and foster collaboration with customizable reports and data sharing.Screenshot of a display of all accounts in one personalized dashboard. Viewers can analyze top positions, spot trends with proprietary signals, and track market-moving events. Access summary stats like total market value and asset allocation across an entire book or by household and strategy.Screenshot of FactSet’s proprietary news, which delivers real-time, focused market insights across regions like the U.S., Canada, Europe, and Asia-Pacific. From stocks to sectors to broad markets, StreetAccount simplifies updates to cut through the clutter. This critical news is available anytime via the Workstation, web, email, app, or API.Screenshot of one of FactSet's unique datasets, Geographic Revenue (GeoRev), used to quickly understand a company's revenue exposure in countries impacted by geopolitical, macroeconomic, and market risk through a highly structured and normalized display of companies' revenues by geography.