William Blair and Options Group jointly conducted a survey of end-users of financial information systems, focused primarily on compensation trends in the financial services industry. However, Blair included questions in the survey addressing employment issues as well as regarding financial information systems providers.
The survey findings were presented in a report titled "Financial Information Services: Conclusions From Survey of End-Users," authored by William Blair analysts Timothy McHugh, Stephen Sheldon and Matt Hill. The survey covered financial information systems provided by FactSet, Thomson Reuters Corporation (NYSE:TRI) (TSE:TRI) (TSE:TRI-B), Bloomberg and Capital IQ.
This article focuses on the survey findings related to the competitive strengths of Bloomberg and Thomson Reuters, the two larger providers.
System usage by category of user
The survey received 1,900 responses from participants across different regions, position types and securities handled.
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