Twelve Data vs Bloomberg

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

Twelve Data is a Ai Tools & Services solution with tags like alternative-data, market-insights, predictive-analytics.

It boasts features such as 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 pros including 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.

On the other hand, Bloomberg is a Business & Commerce product tagged with finance, data, news, analytics, trading.

Its standout features include Real-time market data, News and research, Trading capabilities, Charting and analytics, Messaging and collaboration, Customizable interface, and it shines with pros like Comprehensive financial data, Powerful analytics and charting, Low latency market data, Integrated trading capabilities, Collaboration tools, Industry standard among financial professionals.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

Twelve Data

Twelve Data

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.

Categories:
alternative-data market-insights predictive-analytics

Twelve Data Features

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

Pricing

  • Subscription-Based

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


Bloomberg

Bloomberg

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.

Categories:
finance data news analytics trading

Bloomberg Features

  1. Real-time market data
  2. News and research
  3. Trading capabilities
  4. Charting and analytics
  5. Messaging and collaboration
  6. Customizable interface

Pricing

  • Subscription-Based

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