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Datastream Pros and Cons: Top Advantages and Disadvantages

Quick AI Summary Based on G2 Reviews

Generated from real user reviews

Users value the detailed company research capabilities of Datastream, enhancing trend analysis and informed investment decisions. (2 mentions)
Users find the alerts feature of Datastream invaluable for staying updated on key targets and prospects. (1 mentions)
Users value the comprehensive information Datastream provides, aiding trend analysis and informed investment decisions globally. (1 mentions)
Users appreciate the detailed global data accessibility of Datastream, enhancing trend analysis and investment decision-making. (1 mentions)
Users appreciate the data availability of Datastream, enabling thorough analysis and informed investment decisions. (1 mentions)
Users find a difficult learning curve with Datastream, complicating the onboarding experience and performance assessment. (1 mentions)
Users report outdated information in Datastream, leading to formatting issues, especially with older Excel versions. (1 mentions)
Users experience slow performance with Datastream, noting that data can be delayed compared to similar tools. (1 mentions)

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8 Datastream Reviews

4.3 out of 5
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8 Datastream Reviews
4.3 out of 5
8 Datastream Reviews
4.3 out of 5

Datastream Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons
G2 reviews are authentic and verified.
WZ
Outbound Sales Specialist
Electrical/Electronic Manufacturing
Mid-Market (51-1000 emp.)
"Confidence about my financial prospects"
What do you like best about Datastream?

I am particularly impressed with Datastream as it offers detailed information about listed companies around the world. Access to historical and real time data of equities, indices and options enables me to gauge trends, analyse patterns and make respective investment decisions. Review collected by and hosted on G2.com.

What do you dislike about Datastream?

This is especially true for older versions of Excel in which formatting may at times get messed up when the data is copied across. In particular, it would be good to improve the situation with the export, if it can be done to be even more smooth. Review collected by and hosted on G2.com.

Verified User in Legal Services
IL
Enterprise (> 1000 emp.)
"Perfect tool for eyeing the market"
What do you like best about Datastream?

Datastream's real value lies in its historical data on companies and their activities which helps me pull out trends and analyze prospects. The notifications/alert feature is great for up-to-date(ish) monitoring of key targets/prospects. Review collected by and hosted on G2.com.

What do you dislike about Datastream?

Sometimes this data is slightly delayed compared to other, similar tools. Somewhat high learning curve as well. Review collected by and hosted on G2.com.

Verified User in Management Consulting
UM
Mid-Market (51-1000 emp.)
"Powerfull database for commodities, financial and economic data"
What do you like best about Datastream?

The most helpful in Database is historical data for all data : you can have data for 20-30 years back and more, very useful, and also daily or monthly data Review collected by and hosted on G2.com.

What do you dislike about Datastream?

the use of Datastream can be complex as we need to use codes for data, but we always can contact a customer service for any help Review collected by and hosted on G2.com.

Verified User in Financial Services
UF
Enterprise (> 1000 emp.)
"Most comprehensive database on the streetcar"
What do you like best about Datastream?

I can access data series across macro fixed income and equity. Company level financial data is also accurate. Review collected by and hosted on G2.com.

What do you dislike about Datastream?

Sometime causes issues with file saving when using an older version of Microsoft excel Review collected by and hosted on G2.com.

Verified User in Financial Services
IF
Enterprise (> 1000 emp.)
"Excellent product for historical data"
What do you like best about Datastream?

Contains historical pricing data of about 175 countries which traders can use for investing purposes.

It also has economics data and all the available market instruments. Review collected by and hosted on G2.com.

What do you dislike about Datastream?

Nothing to dislike about the product Datastream Review collected by and hosted on G2.com.

Verified User in Banking
CB
Enterprise (> 1000 emp.)
"Accurate"
What do you like best about Datastream?

Gives most uptodate info about quotes. Gives flexibility to explore relationships and trends. It helps in developing view points on the market. Great source for trading ideas too! Review collected by and hosted on G2.com.

What do you dislike about Datastream?

There are no dislikes so far on this longest serving DataStream. Review collected by and hosted on G2.com.

Verified User in Financial Services
UF
Enterprise (> 1000 emp.)
"Use it for Risk Review and Analysis ...it works okay"
What do you like best about Datastream?

I get periodic updates on the areas of my interest and the system allows me to filter for research reports etc . Review collected by and hosted on G2.com.

What do you dislike about Datastream?

I am not an ardent user of the application so I haven't had any bad experience with it. Review collected by and hosted on G2.com.

Verified User in Banking
UB
Mid-Market (51-1000 emp.)
"Market risk manager "
What do you like best about Datastream?

We downloaded date from Reuters every day and the data source is very trustful. Review collected by and hosted on G2.com.

What do you dislike about Datastream?

The user interface is old not very good looking. Review collected by and hosted on G2.com.

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Datastream