FactSet Workstation vs. SAP Responsible Design and Production

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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Scenarios where a company needs to have a lot of visibility and control over the materials it uses for manufacturing, companies that are generators of polluting materials and companies that need to manage different EPRs in different countries. It is perhaps less useful for smaller companies whose sector is not related or involved in waste management and who do not have much volume or presence abroad. These may be able to cope with a customised development that contains their costs.

• 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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• Helps us redesign packaging for cost and waste savings.
• Reduces industrial waste, ensures timely delivery and decreases global carbon footprint.
• Helps us better optimize our packaging which leads to product longevity.
• Overall it gives us an edge in EPR compliances due to its versatile approaches.

• 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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• On the subject of our Business, we need to have Ecovidrio (Ecoembes) declaration included in RDP, as soon as possible. It is urgent for us.
• The features feed for uploading information to the RDP should be more streamlined and user friendly
• I would also improve the data quality part, it doesn't really make it clear where the problem might lie.

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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As declarations will be incorporated, we will be able to have the data of all of them in one place, which allows us to be agile and save time and costs.

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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It would be great if something from SAP on this area since they have more vision what can be done and what cant so that it will be easy for everyone to understand their responsibilities

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I think the data delivery could be improved, but it's a good data set.

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Independently Invited by TrustRadius

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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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These are some of the other Risk Management softwares known of. Although these solutions may not match SAP's offerings as an entire package (as just focusing on the Risk management side for this question) and not fully knowledgeable to their capabilities but SAP Responsible Design and Production provides a reliable system that performs well and provides the data analytics we require.

• 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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• It helped us to monitor impact of global regulations on our new product
• It helped us to manage the product packaging data
• It had a positive impact only, no negative points till now

Incentivized

Independently Invited by TrustRadius

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info