Command-line functions, live markets, research and analytics in the layout your traders and analysts are used to. It runs on your own servers, reads your firm's research, and plugs into the Excel, Teams and Slack you already pay for.
Assumes switched users split 60% Pro ($250/user/month) and 40% Lite ($60), plus $120/user/month for licensed market data and $15,000 one-time setup. Same model as the terminal's SAVINGS screen.
The 3 seats you keep are for the people who need Bloomberg-only tools such as chat with outside counterparties or live corporate bond and CDS quotes. Everyone else moves: 13 to Pro, 9 to Lite. Bloomberg doesn't publish prices; firms commonly report $25,000 to $32,000 per seat per year, so put your own invoice into the calculator.
Most alternatives cover one slice: fundamentals, private markets, AI document search, or charts. GT keeps the whole terminal and adds what a closed network can't.
The built-in analyst answers in plain English from live markets and from your own research library: memos, models, decks, notes. Every answer cites the document it used. Because it runs on your servers, that research never leaves the building.
Share any chart, comps table or analyst answer into Microsoft Teams or Slack in one click. Export any screen to Excel, add sheets to a workbook you already use, or link live data into Excel so it refreshes in place.
Every question, trade, export, share and upload goes into an audit log your compliance team can filter and export. Your developers can extend it in Python, and usage tracking tells you exactly which seats are needed.
Universities and firms send security and accessibility questionnaires before they buy. GT ships with the answers built in.
Single sign-on through your identity provider (OpenID Connect, e.g. Microsoft Entra ID, Okta or Google), with roles taken from it. Signed, HttpOnly sessions, sign-in attempt limits and standard browser security headers.
Commercial mode uses only your licensed feed and public SEC, Treasury and FRED data. Prices carry a delay and source label, indices show as tracking ETFs unless you license them, and bulk downloads stay off until your licence allows them.
Every user accepts the terms on first use, with the acceptance recorded. Anyone can download or delete their data, and logs expire on a schedule you set. Automated WCAG 2.1 AA testing passes with no violations; manual assistive-technology testing is next.
| Workflow | Bloomberg | GT Terminal | Coverage | Notes |
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GT goes on your own servers or private cloud. Connect your identity provider for single sign-on, your market-data licence and your Teams or Slack channel.
Upload memos, models and notes so the analyst can answer with your house views.
A group of users works in GT alongside Bloomberg. The terminal records which functions each person actually uses.
SAVINGS recommends Pro, Lite or keep-Bloomberg for each person, with the savings from your real numbers.
Prices here are illustrative. GT seat prices, data costs and setup are example figures for planning. Your quote depends on seat count, data vendors and deployment.
Market data is licensed separately. A commercial deployment uses a licensed feed (real-time or delayed), or your existing data contracts. Exchange fees for professional users apply either way, and index levels need their own index licence; without one, GT shows the tracking ETFs.
Some things stay on Bloomberg for now: execution through EMSX, live dealer quotes for corporate bonds and CDS, deep private-markets deal databases, Bloomberg News exclusives, and chat with people outside your firm. GT covers the analytics for all of these; the live quotes need licensed feeds.
Start with a two-week pilot on a single desk. The seat audit at the end shows exactly who can switch.
Bloomberg, Bloomberg Terminal and related function names are trademarks of Bloomberg Finance L.P., used here only to compare features. GT Terminal is not affiliated with, endorsed by or sponsored by Bloomberg. Seat prices are illustrative estimates; your costs depend on your contracts. Market data in a commercial deployment comes from the customer's licensed provider. GT Terminal is an analytics and teaching platform and does not provide investment advice.