Hi, Guys: Just curious which one of the service does your firm use, and for those of you who has used both, what do you like and dislike about each. If you have used only one of the two, what function you wish they had on your current service. AND, please specify you are on the research or the IB side I’ll start, working as a banking associate at a small firm. I’ve used Cap.IQ extensively in the past, and now our firm is using Factset. I prefer Cap.IQ for several reasons: 1. Cap.IQ is web-based, so you can access it anywhere, where as Factset only allow you to install the software on a limited number of computers under each acct. Not convenient when you are at a hotel on the trip. 2. Because the Factset has to download info to your local drive. It can be incredibly slow sometimes. 3. The part that really push me over to Cap.IQ is that my job requires me to know the counsels and accountants the Company is using and has used in the past. I’ve yet to figure out how to do this conveniently on the Factset. I think the only reason our firm switched to Factset is cost concern. Your input is greatly appreicated!
I don’t know much about FactSet either but I have experience using Capital IQ - I’d say I’m a basic to intermediate user - but I really really dug Capital IQ. Willy
As an ex-FactSet employee I am biased but definitely prefer FDS. Universal screening is extremely powerful and infinitely more flexible that CIQ’s screening. Used to be for global data, Cap-IQ didn’t cover it so FactSet won hands down but I haven’t used/trialed CapIq since they released their global data. FactSet Query Language makes it extremely easy to align time series data with different periodicities. Both platforms have click through auditability. As for needing to download everything to your local machine it is posible to use the online report editor which is very and doesn’t transfer the data to your local machine. As for being able to access the data from home or on the road if it is installed on your laptop you don’t have an issue. Down side to Cap-IQ is that it is a web interface which can be slow and unstable due to internet connection. Currently I use neither but would take FactSet given the choice.
Some quick questions…to lessen the hour(s) I plan on the research… For CapIQ: 1. What does the training program entail? a. Do they have one? b. Length? c. Certification? (If so, respected?) d. Pricing? 2. What is the deal with the subscription? a. Content? b. Pricing? 3. What other ways have you used it in your daily professional work? ---------------------------------------------- For FactSet: Pretty much the same questions…I’ve been following the following thread that starts to address some of these questions for FactSet. http://www.analystforum.com/phorums/read.php?1,788161 Also, any other comments about the differences/similarities between CapIQ and FactSet and/or more details about each themselves would be greatly appreciated.
You guys should try AAII’s Stock Investor Pro for $200ish per year. IT ROCKS!
I used FactSet when I was in research, but now use CapitalIQ in private equity primarily because of the transactional databases and comp analysis. CapitalIQ appears to have a ton more information on private companies.
virginCFAhooker Wrote: ------------------------------------------------------- > You guys should try AAII’s Stock Investor Pro for > $200ish per year. IT ROCKS! virginCFAhooker, how can a hooker be a virgin? Just doesn’t make sense!!! Suggested screenname improvement: 1. devirginizingCFApimp 2. virginCFA 3. CFAvirgin 4. CFAhooker 5. CFApimp
I’m delusional. You have to be delusional to be me.
Hey virginCFAhooker (aka devirginizing_CFA_pimp), I’m considering a lifetime membership to AAII…anything I should know? I’m especially interested in the computerized investing section/service… Spanks!
Cap IQ Cert? It’s no cf modeling man, its like saying you need to get a cert for LexisNexis
What is LexisNexis? Do they have Schweser for their cert? 