FactSet Workstation vs. SAP Responsible Design and Production

As an equity focused investment manager, it is a great all-in-one platform to work from. It solves all our needs for data and Excel integration, modeling, news, market research, economic research and other investment research work. If you are a day trader, its maybe not as useful, but for a manager with normal turnover, it works great

Incentivized

As an apparel company implementing SAP Responsible Design and Production to enhance sustainability. We could track the entire lifecycle of our products, ensuring ethically sourced materials, optimizing manufacturing processes, and reducing waste. Real-time data analysis helps meet sustainability targets and compliance with international standards, resulting in a positive brand image and increased customer loyalty.

Incentivized

• 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

Incentivized

• 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

Incentivized

• 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

Incentivized

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.

FactSet Workstation offers a plethora of tools that I don't find I often use daily; however, the overall usability of the product is very user-friendly. As an example, I often use the search bar at the top of the workstation to find a specific metric I might need in a flash. The company frequently checks in through surveys and user feedback to identify areas where they can improve the usability and experience.

Incentivized

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

Incentivized

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

Incentivized

Bloomberg has more info/data than FactSet Workstation which I pointed out earlier. To be fair, I believe Bloomberg is more expensive. Refinitiv - I have used Thomson Reuters Eikon in the past and I did not like the inflexible interface, FactSet Workstation is much more flexible. To be fair, Refinitiv may have made some upgrades since but my mental impression still lean towards FactSet Workstation because of ease of use.

Incentivized

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.

• We were able to end contracts with a few vendors because FactSet provided everything we need for stock screening, modeling, and analytics directly saving us capital that could be repurposed elsewhere
• Having a an all in one system that does everything speeds up training and learning curve for users
• Cheaper than main competitor Bloomberg

Incentivized

• 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