> Nothing stopping from these guys getting at least some of that data.
No mate. "some" won't cut it.
What would you say if I presented you with a pen and paper and said I was challenging Microsoft Excel ?
If we took your line of argument then I should be taken seriously because I am providing "some" of the functionality, and so what about the fact that a sheet of paper has no formulas or macros or anything else that a serious Excel user might want.
If somebody is launching a product claiming to be the next "Bloomberg killer/challenger/$insert_word_of_your_choice", then the product need to provide an equal product. Otherwise the product is, by definition, NOT challenging Bloomberg.
I mean, there's a whole ton of so-called "Bloomberg killers" that do little more than provide the same old US-markets data that any man and his dog can get hold of cheaply. And even then, they are only providing a small subset of US-market data, so they are not even competing with Bloomberg on US data.
I'm not going to repeat what I've said already here. If a product does not have data/feature parity on Bloomberg or Refinitiv, then don't waste my time.
No mate. "some" won't cut it.
What would you say if I presented you with a pen and paper and said I was challenging Microsoft Excel ?
If we took your line of argument then I should be taken seriously because I am providing "some" of the functionality, and so what about the fact that a sheet of paper has no formulas or macros or anything else that a serious Excel user might want.
If somebody is launching a product claiming to be the next "Bloomberg killer/challenger/$insert_word_of_your_choice", then the product need to provide an equal product. Otherwise the product is, by definition, NOT challenging Bloomberg.
I mean, there's a whole ton of so-called "Bloomberg killers" that do little more than provide the same old US-markets data that any man and his dog can get hold of cheaply. And even then, they are only providing a small subset of US-market data, so they are not even competing with Bloomberg on US data.
I'm not going to repeat what I've said already here. If a product does not have data/feature parity on Bloomberg or Refinitiv, then don't waste my time.