There are lots of industry alternatives to Bloomberg, such as Refinitiv Eikon, FactSet, CapIQ, etc. There is a lot of technical infrastructure required to be ab

There are lots of industry alternatives to Bloomberg, such as Refinitiv Eikon, FactSet, CapIQ, etc. There is a lot of technical infrastructure required to be able to constantly provide real-time data with no downtime. Also, some data sets are in fact proprietary. For example, Refinitiv has a historical database that can’t be beat by competitors because they were literally the only ones that started recording the data as early as they did. Anyone else who claims to have an equivalent data set just won’t have the same amount to provide.