I used the Bloomberg terminal until 2010 so things might have changed since then. The breadth of the data is unrivaled as far as I know, enough examples have been given in the comments. Concerning the data quality I do have to object though, in my area of expertise (mutual funds at the time) Bloomberg data was far from perfect and there were better quality data sources available. I dont doubt that they deliver reliable real time quotes from stock exchanges etc.
Excel integration was generally good, at the time I used the Terminal you had however to decide between two types of applications. The original Terminal which is linked to one PC, i.e. can only be accessed from one specific PC at work and not from home, or the 'Bloomberg anywhere' edition, which I believe was launched as some kind of remote application from a browser and could be used at any PC. The issue with the latter option was that it did not offer Excel integration.
I never liked the UI, some windows application with a lot of 'Terminal' baggage from the 1980's. I think they should re-build the whole thing as a browser based application, not replacing the old 'Terminal' application that current users are accustomed to but to on-board new users on a modern platform with a long term migration path to shut down the current application for good. Otherwise they might be replaced by a newcomer eventually...
https://www.money.net/ seems to be such a potential newcomer, especially considering the much more reasonable price point and the use of current technology.
> I think they should re-build the whole thing as a browser based application
Hopefully they understand that it would be a terrible idea. The current interface is orders magnitude more usable and responsive than a web interface could be. Despite the "terminal" look-and-feel it's constantly evolving and many parts are quite modern.
Excel integration was generally good, at the time I used the Terminal you had however to decide between two types of applications. The original Terminal which is linked to one PC, i.e. can only be accessed from one specific PC at work and not from home, or the 'Bloomberg anywhere' edition, which I believe was launched as some kind of remote application from a browser and could be used at any PC. The issue with the latter option was that it did not offer Excel integration.
I never liked the UI, some windows application with a lot of 'Terminal' baggage from the 1980's. I think they should re-build the whole thing as a browser based application, not replacing the old 'Terminal' application that current users are accustomed to but to on-board new users on a modern platform with a long term migration path to shut down the current application for good. Otherwise they might be replaced by a newcomer eventually...
https://www.money.net/ seems to be such a potential newcomer, especially considering the much more reasonable price point and the use of current technology.