Softwr

Investment Analytics · head to head

FactSet vs LSEG Workspace

FactSet logo

FactSet

Investment Analytics

Financial data workstation, portfolio analytics and data feeds for investment professionals

From
On request
Free plan
No
Full reviewWebsite
LSEG Workspace logo

LSEG Workspace

Investment Analytics

LSEG's financial data terminal with Reuters News, analytics, AI agents and Microsoft 365 integration

From
On request
Free plan
No
Full reviewWebsite

The short version

  • Each has a real cost: FactSet no published pricing; FactSet's FAQ says cost depends on the use case and products required, and trials go through sales (checked November 2026).; LSEG Workspace no published commercial pricing. LSEG's service overview says applications are not sold individually but packaged into workflow propositions through an account team; the only figure published is for the academic Campus variant (checked November 2026).
  • They diverge on capability: FactSet covers FactSet Workstation, LSEG Workspace covers Reuters News and 10,000 sources.
  • Prices and features above were last checked on 12 November 2026.

Where they differ

Only the attributes on which FactSet and LSEG Workspace actually diverge.

Attributes where FactSet and LSEG Workspace differ
AttributeFactSetLSEG Workspace
PlatformsWindows, Web, APIWindows, macOS, Web, iOS, Android, API

Identical on both: starting price (On request), pricing model (quote), free tier (No), user rating (Not yet rated), category (Investment Analytics).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in FactSet

  • FactSet Workstation
  • Universal Screening
  • Microsoft Office integration
  • Portfolio Analysis
  • Mercury AI assistant
  • Model Context Protocol servers
  • Data feeds and cloud delivery

Only in LSEG Workspace

  • Reuters News and 10,000 sources
  • StarMine and MarketPsych analytics
  • Fundamentals and I/B/E/S estimates
  • Portfolio analytics
  • Workspace AI agents
  • Microsoft 365 integration
  • CodeBook and LSEG Data Library
  • LSEG Messenger

What people use each for

The jobs each tool is most often brought in to do.

FactSet

  • Equity and credit research with company fundamentals, estimates and screeningnot LSEG Workspace
  • Performance attribution and risk reporting on buy-side portfoliosnot LSEG Workspace
  • Building refreshable financial models and pitch books in Excel and PowerPointnot LSEG Workspace
  • Loading FactSet datasets into Snowflake or Databricks for quant researchnot LSEG Workspace
  • Querying portfolio analytics from an internal AI assistant over MCPnot LSEG Workspace
  • Deal sourcing and due diligence for private capital teamsnot LSEG Workspace

LSEG Workspace

  • Following markets and Reuters News on a research or trading desknot FactSet
  • Equity research with fundamentals, I/B/E/S estimates and StarMine modelsnot FactSet
  • Portfolio performance, risk and attribution with MSCI RiskMetrics and Barra Optimizernot FactSet
  • Building Excel and PowerPoint outputs from LSEG data with the Office add-insnot FactSet
  • Prototyping quantitative research in Python through CodeBooknot FactSet
  • Migrating former Eikon users and Eikon Data API scriptsnot FactSet

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

FactSet

  • No published pricing; FactSet's FAQ says cost depends on the use case and products required, and trials go through sales (checked November 2026).
  • The Excel add-in is typically part of a broader subscription according to FactSet's FAQ, so Office integration cannot be bought as a lightweight standalone tool.
  • The installed Workstation is Windows only, with 16 GB or more of memory recommended and a base installation upgrade advised every 12 months, per FactSet's installation guide.
  • Portfolio Analytics MCP launched as a limited release in June 2026, so AI access to attribution and risk outputs is not yet a mature, generally available feature for every client.
  • Benchmark DataFeeds on Snowflake are built per client, and FactSet's own developer recipe says designing each workflow takes several days to a week.

LSEG Workspace

  • No published commercial pricing. LSEG's service overview says applications are not sold individually but packaged into workflow propositions through an account team; the only figure published is for the academic Campus variant (checked November 2026).
  • Code written against Eikon's APIs has to be rewritten: the Eikon COM APIs and Eikon Data API are replaced by the LSEG COM Library for Workspace and the LSEG Data Library.
  • AI agent availability varies by surface and entitlement: Company Intelligence in Microsoft Teams was listed as coming soon, and LSEG tells users to contact their representative for access.
  • LSEG Messenger is free but, per the service overview, may not come by default with every Workspace variant, and live chat support is not available in the mobile app.
  • The Refinitiv brand transition is unfinished in places: the web sign-in on LSEG's download page still points to workspace.refinitiv.com and the developer community to community.developers.refinitiv.com.

Pricing, plan by plan

FactSet

On request

No published plan breakdown. See the FactSet review.

LSEG Workspace

On request

No published plan breakdown. See the LSEG Workspace review.

Which should you pick?

Choose FactSet if

  • You need factset workstation.
  • You work on Windows, Web, API.
  • You also want universal screening.
FactSet review

Choose LSEG Workspace if

  • You need reuters news and 10,000 sources.
  • You work on Windows, macOS, Web, iOS, Android, API.
  • You also want starmine and marketpsych analytics.
LSEG Workspace review

Questions people ask

Is FactSet or LSEG Workspace better?
Neither clearly leads. FactSet starts at On request and LSEG Workspace at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, FactSet or LSEG Workspace?
FactSet starts at On request and LSEG Workspace at On request.
Does FactSet or LSEG Workspace run on more platforms?
FactSet runs on Windows, Web, API. LSEG Workspace runs on Windows, macOS, Web, iOS, Android, API.
What is FactSet best used for?
FactSet is most often used for equity and credit research with company fundamentals, estimates and screening, performance attribution and risk reporting on buy-side portfolios, building refreshable financial models and pitch books in excel and powerpoint, loading factset datasets into snowflake or databricks for quant research. Of those, equity and credit research with company fundamentals, estimates and screening and performance attribution and risk reporting on buy-side portfolios are not what LSEG Workspace is typically brought in for.
What can FactSet do that LSEG Workspace cannot?
FactSet covers FactSet Workstation, Universal Screening, Microsoft Office integration, Portfolio Analysis. LSEG Workspace covers Reuters News and 10,000 sources, StarMine and MarketPsych analytics, Fundamentals and I/B/E/S estimates, Portfolio analytics.

Answered from the vendors’ own pages

FactSet: How much does FactSet cost?

FactSet does not publish prices. Its FAQ says the cost varies with your use case and the specific products and services you need, and quotes and trials are arranged through the sales team.

Source
LSEG Workspace: What happened to Refinitiv Eikon?

LSEG withdrew Eikon from its product line on 30 June 2025 and replaced it with LSEG Workspace, which it had been upgrading Eikon users to since Workspace launched in 2020.

Source
FactSet: Does FactSet have an Excel add-in?

Yes. FactSet's Office tools create auditable, refreshable links to FactSet content in Excel, Word, PowerPoint and Outlook. The FAQ notes the Excel add-in is typically part of a broader subscription.

Source
LSEG Workspace: Is Refinitiv the same company as LSEG?

LSEG completed its acquisition of Refinitiv in 2021, after which Refinitiv stopped operating as a standalone company. LSEG Data & Analytics is the direct successor to Refinitiv's data and analytics business.

Source
FactSet: What are the system requirements for FactSet Workstation?

The installed Workstation and Office add-ins are a single MSI installer for Windows desktop and server operating systems. FactSet recommends 16 GB or more of memory, Windows 11 64-bit and Office 2016 or Microsoft 365, and upgrading the base installation every 12 months.

Source
LSEG Workspace: How much does LSEG Workspace cost?

Commercial pricing is not published. Applications are packaged into propositions based on user workflows and quoted through an account team. The academic Campus variant is described as starting at $6.67 per user for a minimum of 100 users.

Source
FactSet: Can FactSet data be delivered to Snowflake?

Yes. Standard DataFeed content can be delivered as Snowflake data shares, with each feed appearing as a schema with tables. Benchmark DataFeeds are customised per client and take several days to a week to design.

Source
LSEG Workspace: Which platforms does LSEG Workspace run on?

Windows 10 or later and macOS 11 or later as desktop applications, in Chrome, Edge and Safari on the web, and as apps for iPhone, iPad and Android devices.

Source
FactSet: What is the FactSet Portfolio Analytics MCP?

A Model Context Protocol server, announced as a limited release on 26 June 2026, that lets buy-side firms query governed performance, attribution and risk outputs from FactSet inside their own AI environments.

Source
LSEG Workspace: What AI features does Workspace have?

Workspace agents including AI Search, Company Intelligence and Deep Research. AI Search and Deep Research are available in Workspace and Workspace for Microsoft Teams, and Deep Research outputs can be exported to Excel.

Source
Share

Related pages

More on FactSet

More on LSEG Workspace

Keep looking

Other head to heads