Thomson Reuters Corporation (TRI)

Competitors to Thomson Reuters Corporation (TRI)

Bloomberg L.P.

Bloomberg L.P. competes with Thomson Reuters primarily in the financial data and analytics sector. Bloomberg Terminal is a well-established product known for its comprehensive data and news, catering mostly to financial professionals. While Thomson Reuters offers a similar platform with Reuters and Eikon, Bloomberg's user interface and real-time data delivery have given it a solid competitive edge among market traders and investment professionals.

Factiva (Dow Jones)

Factiva, a product of Dow Jones, competes with Thomson Reuters in the news and business information aggregation market. Both companies provide tools for businesses to access global news, insights, and historical data. However, Factiva's strength lies in its news aggregation and archiving capabilities, wherein it offers unique sources that might not be covered by Thomson Reuters, providing added value to its users.

FactSet Research Systems Inc. 

FactSet competes with Thomson Reuters by focusing on high-quality financial analytics and research tools. Both companies provide various data feeds, investment research services, and analytical tools that cater to asset managers, investment banks, and corporations. However, FactSet is often lauded for its user-friendly interface and extensive customization options, which may resonate more with users needing specific analytical tools, giving it an advantage in certain niches.

IHS Markit Ltd. 

IHS Markit (now part of S&P Global) competes with Thomson Reuters primarily in the information and analytics sector, particularly in commodities, energy, and transportation. Both companies offer specialized data and insights tailored to different industries. IHS Markit's strengths lie in its extensive sector-specific analysis and forecasting capabilities, which provide clients with critical insights for decision-making. Thomson Reuters holds a competitive advantage in its comprehensive legal and regulatory offerings, allowing both companies to thrive in their respective areas.

LexisNexis (RELX Group)

LexisNexis competes with Thomson Reuters in the legal and regulatory information space. While Thomson Reuters offers Westlaw and Practical Law as legal research tools, LexisNexis has a well-established presence with its own legal research solutions. LexisNexis may have an advantage in legal analytics and customer support, making it a strong competitor against Thomson Reuters in the legal market.

S&P Global Inc. 

S&P Global competes directly with Thomson Reuters through its extensive financial services, including data analytics, credit ratings, and market intelligence. Both companies serve the finance and investment sectors, but S&P Global has a strong advantage in credit ratings and market index segments. While Thomson Reuters has a wider reach in legal and regulatory information, S&P's stronghold in providing deep financial insights gives it a competitive edge in financial analytics.