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…
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OneSumX
Score 9.0 out of 10
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OneSumX, from Wolters Kluwer, is a product line providing compliance management, risk management, and financial crime control.
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Pricing
FactSet Workstation
Wolters Kluwer OneSumX
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
FactSet Workstation
OneSumX
Free Trial
Yes
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
Required
No setup fee
Additional Details
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More Pricing Information
Community Pulse
FactSet Workstation
Wolters Kluwer OneSumX
Features
FactSet Workstation
Wolters Kluwer OneSumX
Financial Research
Comparison of Financial Research features of Product A and Product B
FactSet Workstation
4.2
Ratings
51% below category average
Wolters Kluwer OneSumX
-
Ratings
Private Company Data
1.00 Ratings
00 Ratings
Industry-Specific Information
3.00 Ratings
00 Ratings
Independent Research Access
5.00 Ratings
00 Ratings
M&A Analysis
6.00 Ratings
00 Ratings
Macroeconomic News
5.00 Ratings
00 Ratings
Search Tools
5.00 Ratings
00 Ratings
Governance, Risk & Compliance
Comparison of Governance, Risk & Compliance features of Product A and Product B
FactSet Workstation
-
Ratings
Wolters Kluwer OneSumX
9.0
Ratings
18% above category average
Common repository of GRC items
00 Ratings
9.00 Ratings
Risk management
00 Ratings
10.00 Ratings
Integration with Corporate Performance Management (CPM) systems
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
Wolters Kluwer OneSumX is a perfect fit for almost all financial risk management needs. More to running financial risk analytics to help you keep an eye out on any possible financial risk, it offers outstanding functionalities in entire business regulatory analytics and reporting to help you run your business within its regulatory compliance.
It is easy to run various scenario analyses and stress testing on various financial activities in order to get useful metrics about possible financial risks.
It allows one to easily and fast process even huge amounts of data thus saving time and resources spent performing these activities.
It is flexible and easy to customize in order to fit your working criteria so as to best meet your financial risk management needs.
It is easy to have a full review of the entire balance sheet for easy data modelling.
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
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
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.
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.
Everything about Wolters Kluwer OneSumX stands out when compared to other similar products. Talk of its well-organized interface and dashboard, the number and quality of financial risk management features all the way to the quality of the support offered by the support team. Its ease of deployment is another standalone factor.
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
It has helped us to streamline our financial risk management experience such that we are able to detect possible financial risks in good time and deal with them accordingly.
It has helped us to generate accurate and transparent regulatory reports that
guides us in ensure regulatory compliance is met.
It has allowed us to run analyses on our financial processes based on different scenarios in order to detect possible financial risk threats.
