Top 30 Bloomberg Competitors & Alternatives in 2024

Bloomberg is a global provider of financial news and information, including real-time and historical price data, financial data, trading news, and analyst coverage.  In this article, we discuss the top Bloomberg Competitors and Alternatives.

Bloomberg is a well-known financial information and media company founded in 1981. Its core product, the Bloomberg Terminal, is a software system financial professionals use to access real-time market data, news, and analytics.

In addition to the Terminal, Bloomberg offers a range of financial news and information services through its website, mobile apps, and television channels. Bloomberg has become a trusted source of financial information and analysis for individuals and companies worldwide.

Bloomberg’s success can be attributed to its ability to provide reliable, up-to-date financial information, data insights, and analysis, backed by its extensive network of journalists, analysts, and market experts. Bloomberg has established itself as a financial news and analysis leader, and financial professionals and investors widely use its products. Bloomberg has also diversified its revenue streams by offering software solutions for businesses, data and analytics services, and media advertising.

• Product Type: Financial news and information.
• Industry: Financial services.
• Founded Date: 1981.
• Founders: Michael Bloomberg.
• Headquarters: New York City, New York, United States.
• Area Served: Worldwide.
• Current CEO: Michael Bloomberg.

The top Bloomberg  competitors are

1. Refinitiv Eikon

• Product Type: Financial data and analytics software
• Industry: Financial services
• Founded Date: 2018
• Headquarters: London, United Kingdom
• Area Served: Worldwide
• Current CEO: David Craig

Refinitiv Eikon is a globally recognized information platform designed for financial analysis. Designed to be easy to use, it provides access to a wide range of economic data from different markets worldwide. Students and professionals use Eikon for global business news, in-depth market analysis, and detailed, real-time information on businesses and economies.

2. FactSet

• Product Type: Financial data and analytics software
• Industry: Financial services
• Founded Date: 1978
• Founders: Howard Wille and Charles Snyder
• Headquarters: Norwalk, Connecticut, United States
• Area Served: Worldwide
• Current CEO: Phil Snow

FactSet is a financial data and software company that delivers superior content, analytics, and trading to finance professionals. FactSet is known for combining hundreds of databases into a single system, making it easier for users to manage data and perform financial analysis. It offers a range of flexible, intuitive tools that cater to different user requirements, from students and independent investors to academic institutions and large corporations.

3. S&P Capital IQ / Capital IQ

• Product Type: Financial data and analytics software
• Industry: Financial services
• Founded Date: 1999
• Headquarters: New York, United States
• Area Served: Worldwide
• Current CEO: Douglas Peterson

S&P Capital I.Q., or Capital I.Q., is a comprehensive financial information database provided by S&P Global. Aimed at finance professionals and investors, it compiles vast data from various sources into an easily accessible format. Capital I.Q. is used for investment research, due diligence, and financial analysis by companies worldwide.

4. Reuters

• Product Type: News and financial data provider
• Industry: Financial services
• Founded Date: 1851
• Founders: Paul Julius Reuter
• Headquarters: London, United Kingdom
• Area Served: Worldwide
• Current CEO: Alessandra Galloni

Reuters is an international news agency that provides a broad range of real-time information globally, including news, technology, health, and financial information. It’s a leading source of intelligent information for businesses, professionals, investors, and B-school students, helping them understand the global financial business landscape and make informed decisions.

5. Dow Jones

• Product Type: News and financial data provider
• Industry: Financial services
• Founded Date: 1882
• Founders: Charles Dow, Edward Jones, and Charles Bergstresser
• Headquarters: New York, United States
• Area Served: Worldwide
• Current CEO: Almar Latour

Dow Jones is a significant provider of business news and information services. It provides relevant, comprehensive news coverage through media platforms that include Factiva, Dow Jones Newswires, Wall Street Journal, and Barron’s. Well-known in business and finance, it provides financial news, analysis, investment insights, and commentary across various sectors.

6. IHS Markit

• Product Type: Financial data and analytics software
• Industry: Financial services
• Founded Date: 2016
• Headquarters: London, United Kingdom
• Area Served: Worldwide
• Current CEO: Lance Uggla

IHS Markit is a global information provider that combines information, analytics, and expertise across major industries and markets worldwide. Primarily, it offers information and insights on various subjects, from finance and economics to energy, transportation, and engineering, allowing users to understand complexities, make intelligent decisions, and improve performance.

7. The Financial Times

• Product Type: Financial news and data provider
• Industry: Financial services
• Founded Date: 1888
• Founders: James Sheridan and Horatio Bottomley
• Headquarters: London, United Kingdom
• Area Served: Worldwide
• Current CEO: Roula Khalaf

The Financial Times (F.T.) is an international daily newspaper focusing on business and economic affairs. Published in broadsheet and digital formats, it is recognized globally for its authoritative, extensive, and insightful coverage of the international business community. F.T. has become a must-read for anyone seeking in-depth, up-to-the-minute information on global business and economic trends.

8. The Wall Street Journal

• Product Type: Financial news and data provider
• Industry: Financial services
• Founded Date: 1889
• Founders: Charles Dow, Edward Jones, and Charles Bergstresser
• Headquarters: New York, United States
• Area Served: Worldwide
• Current CEO: Almar Latour

The Wall Street Journal is a U.S. business-focused, English-language international newspaper. Renowned for its award-winning journalism and trusted by readers worldwide, the WSJ includes coverage of U.S. and global news, politics, arts, culture, and more. It provides thorough coverage of a broad range of topics, including detailed financial news, world news, trade journals, and reports on science and technology.

9. CNBC

• Product Type: Financial news and data provider
• Industry: Financial services
• Founded Date: 1989
• Founders: Tom Rogers and Roger Ailes
• Headquarters: Englewood Cliffs, New Jersey, United States
• Area Served: Worldwide
• Current CEO: Mark Hoffman

CNBC is a globally recognized broadcaster and publisher of news about financial markets, stocks, business, and economics. It provides real-time financial market coverage and business content to decision-makers and investors around the globe via its T.V. and digital platforms. Its mission is to help the influential and aspirational make astute decisions to get ahead.

10. S&P Global

• Product Type: Ratings, benchmarks, analytics, and data
• Industry: Financial services
• Founded Date: 1917
• Founders: James H. McGraw, John A. Hill
• Headquarters: New York, NY, USA
• Area Served: Worldwide
• Current CEO: Douglas L. Peterson
• Market capitalization: $103.7 billion (as of September 19, 2023)

S&P Global is a leading provider of transparent and independent ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. It deals with credit ratings, market intelligence, equity research, multi-asset-class data solutions, and risk management. S&P Global helps individuals and organizations worldwide make well-informed business, financial, and strategic decisions.

11. Morningstar Premium / Morningstar

• Product Type: Investment research, data, and analytics
• Industry: Financial services
• Founded Date: 1984
• Founders: Joe Mansueto
• Headquarters: Chicago, IL, USA
• Area Served: Worldwide
• Current CEO: Kunal Kapoor
• Market capitalization: $10.5 billion (as of September 19, 2023)

Morningstar Premium, part of Morningstar Inc., is a top investment research platform offering the most comprehensive data on investment research. It covers stocks, mutual funds, ETFs, and more. The platform is straightforward and catered to those seeking financial planning advice and ways to monitor potential investments. With its analyst reports and portfolio trackers, Morningstar Premium provides valuable information for novice and experienced investors.

12. TradingView

• Product Type: Financial data and analysis platform
• Industry: Financial services
• Founded Date: 2011
• Founders: Stan Bokov, Constantin Ivanov
• Headquarters: New York, NY, USA
• Area Served: Worldwide
• Current CEO: Stan Bokov

TradingView is a versatile financial platform that combines charting and trading capabilities. Geared towards individual traders and investors, it offers various tools for technical analysis and trade execution. TradingView provides real-time information on stocks, indices, commodities, and currencies worldwide. Its social networking feature enables users to share and discuss trading ideas.

13. MarketWatch

• Product Type: Financial news and data website
• Industry: Financial services
• Founded Date: 1997
• Founders: Larry Kramer
• Headquarters: New York, NY, USA
• Area Served: Worldwide
• Current CEO: Jeremy Olshan

MarketWatch is an online platform delivering financial information, business news, analysis, and stock market data. Individuals and professionals value it for its regular updates on market trends, investment insights, and financial news. MarketWatch is known for its easy-to-navigate interface, customizable market summary, and tools for detailed analysis of stocks, commodities, and currencies.

14. Nasdaq

• Product Type: Stock exchange
• Industry: Financial services
• Founded Date: 1971
• Founders: National Association of Securities Dealers
• Headquarters: New York, NY, USA
• Area Served: Worldwide
• Current CEO: Adena Friedman
• Market capitalization: $28.5 billion (September 19, 2023).

Nasdaq is the world’s second-largest stock exchange by market capitalization. As a marketplace for buying and selling securities, it plays a crucial role in global finance. Beyond its trading activities, Nasdaq offers a wealth of information on market trends, individual stocks, and financial news, making it a popular resource among students, professionals, and individual investors.

15. Investing.com

• Product Type: Financial news and data website
• Industry: Financial services
• Founded Date: 2007
• Founders: Dror Efrat, Itai Avneri
• Headquarters: Tel Aviv, Israel
• Area Served: Worldwide
• Current CEO: Eden Weizman

Investing.com is an online financial platform offering global financial market news, analysis, stock market, data and financial news, and economic calendar. It provides real-time data on stocks, bonds, commodities, currencies, indices, ETFs, and options. Investing.com caters to traders and investors with its comprehensive suite of tools for portfolio building, technical analysis, economic indicators, and real-time charts.

16. Symphony

• Product Type: Secure messaging and collaboration platform
• Industry: Financial services
• Founded Date: 2014
• Founders: David Gurle
• Headquarters: Palo Alto, CA, USA
• Area Served: Worldwide
• Current CEO: Brad Levy

Symphony is a secure, cloud-based communication and content collaboration platform for the financial sector. It allows financial firms, market innovators, and institutions to share and collaborate on sensitive, high-stakes information. Symphony combines a secure messenger service, a powerful collaboration tool, and a network directory that connects firms, individuals, and bots.

17. Koyfin

• Product Type: Financial data and analytics platform
• Industry: Financial services
• Founded Date: 2016
• Founders: Rob Koyfman
• Headquarters: New York, NY, USA
• Area Served: Worldwide
• Current CEO: Rob Koyfman

Koyfin is a financial data and analytics platform providing tools to understand economic market trends. It equips investors with graphs, dashboards, and other visual tools to understand better stocks, indices, sectors, and investment themes. Koyfin is becoming a choice for those who value easy-to-use interfaces and cost-effective financial research and market analysis solutions.

18. AlphaSense

• Product Type: Financial search engine
• Industry: Financial services
• Founded Date: 2011
• Founders: Jack Kokko
• Headquarters: New York, United States
• Area Served: Worldwide
• Current CEO: Jack Kokko

AlphaSense is an AI-powered business insights platform used primarily by investment firms and corporations. It enables users to search transcripts, financial statements, filings, news, and research, using natural language processing to uncover relevant insights. AlphaSense is lauded among financial professionals and analysts for its ability to quickly find crucial information and stay informed about the businesses they follow.

19. FlexTrade

• Product Type: Trading Software
• Industry: Financial services
• Founded Date: 1996
• Founders: Vijay Kedia
• Headquarters: Great Neck, New York, United States
• Area Served: Worldwide
• Current CEO: Vijay Kedia

FlexTrade is a global leader in broker-neutral, execution, and order management systems for equities, foreign exchange, options, and other securities. Designed with investors, traders, and brokers in mind, it provides customizable solutions for portfolio, risk, and order management. FlexTrade is popular among trading professionals and clients seeking superior performance, flexibility, and high-speed operations.

20. Charles River

• Product Type: Investment management software
• Industry: Financial services
• Founded Date: 1984
• Founders: Tom Driscoll, Jon Rotenstreich
• Headquarters: Burlington, Massachusetts, United States
• Area Served: Worldwide
• Current CEO: John Plansky

Charles River is part of State Street Corporation, a front- and middle-office investment management solution provider. It offers a comprehensive suite of solutions aimed at managing the investment lifecycle. These services include portfolio management, trading, compliance, and risk monitoring across asset classes. Charles River is recognized in the industry for its seamless, scalable systems investment firms use worldwide.

21. SS&C Advent

• Product Type: Investment management software
• Industry: Financial services
• Founded Date: 1983
• Founders: Stephanie DiMarco
• Headquarters: San Francisco, California, United States
• Area Served: Worldwide
• Current CEO: Robert Roley

SS&C Advent is a leading provider of financial software products and services for investment managers, financial advisors, and trading professionals. Known for its innovative solutions, the company offers various portfolio management, trading, and client relationship management tools. SS&C Advent’s offerings focus on user-friendly, customizable solutions, making it a popular choice in its industry.

22. YCharts

• Product Type: Financial data and analysis software
• Industry: Financial services
• Founded Date: 2009
• Founders: Ara Anjargolian, Shawn Carpenter
• Headquarters: Chicago, Illinois, United States
• Area Served: Worldwide
• Current CEO: Shawn Carpenter

YCharts is a financial data platform that provides investment insights and supports decision-making. Using powerful tools and visualizations allows users to analyze stocks, ETFs, mutual funds, and macroeconomic data. YCharts is recognized for its simple interface and accessible tools, making it an ideal choice for individual investors, advisors, and business students.

23. T.D. Ameritrade

• Product Type: Online brokerage and investment company
• Industry: Financial services
• Founded Date: 1971
• Founders: Joe Ricketts
• Headquarters: Omaha, Nebraska, United States
• Area Served: United States
• Current CEO: Tim Hockey

T.D. Ameritrade is a well-known brokerage firm offering a wide range of investment products and services, including stocks, options, ETFs, and mutual funds. Along with its trading platform, the company also provides research tools and resources for investors. T.D. Ameritrade is popular among traders and investors for its reliable services, extensive research capabilities, and user-friendly interface.

24. PitchBook

• Product Type: Private equity and venture capital database
• Industry: Financial services
• Founded Date: 2007
• Founders: John Gabbert
• Headquarters: Seattle, Washington, United States
• Area Served: Worldwide
• Current CEO: John Gabbert

PitchBook is a financial data provider specializing in information on private and public markets, including venture capital, private equity, and M&A transactions. Its comprehensive platform allows users to research companies, investors, funds, deals, and individuals. PitchBook is known among professionals and students involved in these markets for its detailed data, powerful search capabilities, and easy-to-use interface.

25. Seeking Alpha

• Product Type: Financial news and analysis platform
• Industry: Financial services
• Founded Date: 2004
• Founders: David Jackson, David Pinsen
• Headquarters: New York City, New York, United States
• Area Served: Worldwide
• Current CEO: David Jackson

Seeking Alpha is an online platform offering financial news, analysis, and real-time data on various companies and investment instruments. With its extensive network of contributors, including finance professionals and business students, it provides insights and opinions on stocks, ETFs, and other investments. Seeking Alpha is valued for its up-to-date information and customized alerts, making it an essential resource for any investor.

26. Yahoo Finance

• Product Type: Financial news and analysis platform
• Industry: Financial services
• Founded Date: March 2, 1995
• Founders: Jerry Yang, David Filo
• Headquarters: Sunnyvale, California, United States
• Area Served: Worldwide
• Current CEO: Guru Gowrappan

Yahoo Finance is a popular web-based platform that provides financial news, data, and personal finance tools. It offers comprehensive information on stocks, mutual funds, ETFs, and more, presenting it in an accessible format suitable for business students and professionals. Yahoo Finance is recognized for its user-friendly interface, real-time market data, and customizable watchlists.

27. The Economist

• Product Type: News magazine
• Industry: Publishing
• Founded Date: September 2, 1843
• Founders: James Wilson
• Headquarters: London, United Kingdom
• Area Served: Worldwide
• Current CEO: Lara Boro

The Economist is a prestigious publication focusing on global business, economics, politics, and culture. Available in print and digital formats, it is known for its independent, authoritative analysis and ability to provide thoughtful insights into various topics. The Economist is a must-read for students, professionals, and individuals interested in understanding the global economic landscape.

28. Business Insider

• Product Type: News website
• Industry: Publishing
• Founded Date: February 2009
• Founders: Kevin P. Ryan, Henry Blodget
• Headquarters: New York City, New York, United States
• Area Served: Worldwide
• Current CEO: Henry Blodget

Business Insider is a renowned online news outlet delivering in-depth coverage of business, finance, politics, technology, and other subjects relevant to today’s world. Its engaging content and straightforward presentation have become popular news sources and insights for students and professionals. Business Insider is valued for its up-to-date information, insightful analysis, and diverse topics.

29. CNN Money

• Product Type: Financial news and analysis platform
• Industry: Financial services
• Founded Date: 2001
• Founders: Cable News Network (CNN)
• Headquarters: New York City, New York, United States
• Area Served: Worldwide
• Current CEO: Jeff Zucker

CNN Money is the Cable News Network (CNN) business news division, providing financial news, analysis, and market data. Accessible in online and T.V. formats, it covers various topics, including stocks, commodities, currencies, and technology. CNN Money is known for its accessible information and easy-to-understand explanations, making it a valuable resource for business students and professionals.

30. Investopedia

• Product Type: Financial education website
• Industry: Financial services
• Founded Date: June 1999
• Founders: Cory Janssen, Cory Wagner
• Headquarters: New York City, New York, United States
• Area Served: Worldwide
• Current CEO: David Siegel

Investopedia is a comprehensive online resource providing clear, concise financial and educational information. Aimed at students, professionals, and individual investors, it offers many articles, tutorials, video content, and quizzes related to finance and investing. Investopedia is widely recognized for its well-written, easy-to-understand content, making it a definitive source of financial knowledge.

As an alternative to traditional investment companies, numerous online trading platforms have emerged in recent years. Here you can see for example this list of best prop trading companies.

These were all the top competitors of Bloomberg. If you know any other competitors, please write in the comments below.

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