Bloomberg vs Twelve Data

Struggling to choose between Bloomberg and Twelve Data? Both products offer unique advantages, making it a tough decision.

Bloomberg is a Business & Commerce solution with tags like finance, data, news, analytics, trading.

It boasts features such as Real-time market data, News and research, Trading capabilities, Charting and analytics, Messaging and collaboration, Customizable interface and pros including Comprehensive financial data, Powerful analytics and charting, Low latency market data, Integrated trading capabilities, Collaboration tools, Industry standard among financial professionals.

On the other hand, Twelve Data is a Ai Tools & Services product tagged with alternative-data, market-insights, predictive-analytics.

Its standout features include Access to alternative data sets not found in traditional sources, Real-time data on credit card transactions, web traffic, mobile apps, shipping, weather, and more, Tools to analyze and visualize alternative data, APIs to integrate alternative data into existing systems, Pre-built datasets for common use cases like finance, ecommerce, and marketing, and it shines with pros like Unique and valuable data sources not widely available, Can provide predictive signals and early indicators for trends, Faster access to real-time data than traditional sources, Enables new analytics and insights not possible before.

Feature	Bloomberg	Twelve Data
Overall Score	N/A	N/A
Primary Category	Business & Commerce	Ai Tools & Services

Product Overview

Bloomberg

Description: Bloomberg is a financial software, data, and media company known for its Bloomberg Terminal. The terminal provides real-time financial data, news, analytics, and trading tools to financial professionals.

Twelve Data

Description: Twelve Data is an alternative data platform that provides access to unique data sets from alternative sources. It offers market insights and predictive signals derived from real-time information not found in traditional data feeds.

Key Features Comparison

Bloomberg Features

• Real-time market data
• News and research
• Trading capabilities
• Charting and analytics
• Messaging and collaboration
• Customizable interface

Twelve Data Features

• Access to alternative data sets not found in traditional sources
• Real-time data on credit card transactions, web traffic, mobile apps, shipping, weather, and more
• Tools to analyze and visualize alternative data
• APIs to integrate alternative data into existing systems
• Pre-built datasets for common use cases like finance, ecommerce, and marketing

Pros & Cons Analysis

Bloomberg

Pros

• Comprehensive financial data
• Powerful analytics and charting
• Low latency market data
• Integrated trading capabilities
• Collaboration tools
• Industry standard among financial professionals

Cons

• Very expensive
• Steep learning curve
• Limited to financial data and tools
• Proprietary system, no open API

Twelve Data

Pros

• Unique and valuable data sources not widely available
• Can provide predictive signals and early indicators for trends
• Faster access to real-time data than traditional sources
• Enables new analytics and insights not possible before

Cons

• Alternative data is still an emerging field, with some uncertainty
• Less history and track record than traditional data sources
• Requires expertise to interpret and use effectively
• Potentially high costs for some premium data sets

Pricing Comparison

Bloomberg

• Subscription-Based

Twelve Data

• Subscription-Based