I need the following for municipal financial data products from Bloomberg and CreditScope: 1) subscription price, 2) total subscribers, 3) total revenues.
Hi! Thank you for your question about the municipal financial data products from Bloomberg and CreditScope.
In short, CreditScope has only 200 users and the information is not available on its subscription cost. Bloomberg terminal costs $21,000 annually and has 325,000 subscribers. I have provided a deep dive of my findings below.
The information on CreditScope is not available. It only has 200 users globally, so this might be the reason the information is not publicly available. The company which owns CreditScope, InvestorTools Inc, has a similar product – Perform, a fixed income portfolio analysis system – which is used by over 150 fund, institutional and private wealth managers. The company InvestorTools has a yearly revenue of $5.8 million. CreditScope is used for compliance, portfolio risk management, directing a business, credit analysis, trading and bond sales. It is tailored for anyone concerned about the credit of municipal and corporate bond obligors. It offers features such as credit data, credit evaluation tools, originations of new credit documents, archived credit research, and integration of credit with bonds and holdings. It is offered on a subscription basis with thirty-day rolling commitments.
Bloomberg is a behemoth generating $9.3 billion in revenue and has 325,000 subscribers. A Bloomberg terminal costs roughly $21,000 annually. Many companies have targeted the space dominated by Bloomberg by undercutting on price. Sentieo, which has signed up 85 finance clients, charges $500 - $1000 a month. Other challengers are Money.net which has tripled its subscribers to more than 30,000 individuals and subscriptions cost $150 per month. Symphony backed by Goldman Sachs is another competitor in the space.
To conclude, CreditScope has only 200 users and the information is not available on its subscription cost. Bloomberg terminal costs $21,000 annually and has 325,000 subscribers.
I hope the research is useful. Thank you for using Wonder. Please let us know if we can help with anything else!