Switching from
Coming froma Bloomberg seat?
The short version: Convexity covers the equity, options, macro, filings, and alt-data workflows a US-equity-focused desk runs all day. It does not cover FX, fixed income, IB Chat, or the Bloomberg-native order-routing stack. Below is the honest swap, by workflow.
Last reviewed
Bloomberg publishes no price page; list rates as widely reported after the 2025 increase (multi-terminal $28,320/yr), retrieved 2026-07-22. A Bloomberg seat also covers FX, fixed income, and IB Chat – this prices the seat, not feature parity.
Workflow translation
What the desk does, in both tools.
Ten of the most common Bloomberg keystrokes mapped to the Convexity equivalent. Coverage is honest: green means full parity, amber means partial, red means we do not do it.
| What you do | Bloomberg | Convexity | Parity |
|---|---|---|---|
| Pull a real-time quote | AAPL <Equity> GP | ⌘K, type ticker, hit enter | Full |
| Read the latest 10-Q / 8-K | AAPL <Equity> CN | Ticker page → Filings tab, ~30s lag from EDGAR | Full |
| Watch insider activity | HDS | Smart-money flow · cluster-scored, watchlist-filtered | Full + cluster scoring |
| Track congressional trades | Bloomberg does not surface STOCK Act PTRs natively | House and Senate STOCK Act PTRs in the same signal feed | Convexity-only |
| 13F whale positions | HDS / FA | 70 funds · 183k positions · nightly DB-first sync | Full |
| Options flow + unusual prints | OMON / QM | Options flow surface + unusual-print classifier | Partial · no level 2 |
| FedSpeak + macro context | ECO / FOMC | FedSpeak + 40+ FRED macro series in the dashboard | Full |
| Cross-asset news | TOP / N | Per-ticker news + AI-classified morning brief | Partial · no wire-tier news license |
| FX / fixed income / derivatives pricing | Native to Bloomberg | Not covered | None |
| IB Chat / order routing | Native to Bloomberg | Not covered · Plaid read-only sync to your broker instead | None |
The honest trade
What you gain, what you give up.
Things Bloomberg does not ship
- AI that cites filings. Every answer ties back to a row in the data layer, not a model's memory.
- Insider + Congress cluster detection. Multi-insider, multi-day, role-weighted. Not in Bloomberg.
- Alt-data feeds. Patents, supply chain, hiring, CRE delinquency, ATS scrapes. See the data page.
- Plaid portfolio sync. Read-only. AI answers in your portfolio's context.
- Published prices, no sales call. $29/mo, founder lock for life.
Things Bloomberg has that we do not
- FX, fixed income, derivatives pricing. If your book has these, you keep a Bloomberg seat.
- IB Chat. No replacement. We are not in the chat-network business.
- Order routing & execution. We are not a broker. Plaid sync is read-only.
- Bloomberg's news wire. We pull per-ticker news; the wire-tier license is theirs.
- The Bloomberg ecosystem. Add-in for Excel, ports, BLAW, MSG, the rest.
Migration questions
What teams ask before they swap.
How long does the swap actually take?
For a US-equity-focused workflow, one analyst typically gets fully productive in Convexity inside a week. The first day is rebuilding watchlists and learning the command palette; days 2–4 are pattern-matching the alerts and the morning brief; day 5 onward is no longer thinking about Bloomberg.
Can we run them in parallel?
Yes. Most teams do for the first month. The Convexity seat is $29/mo so the parallel cost is negligible compared to keeping a Bloomberg seat. Drop Bloomberg when the team stops opening it.
What about our existing alerts and watchlists?
Watchlists import from a CSV. Bloomberg alerts do not export cleanly – you will recreate them in Convexity, which is faster because the alert types are simpler (price, change %, volume ratio, RSI, SMA cross, VIX trigger). Most analysts have 5-15 alerts; rebuilding takes under an hour.
What if our PMs still need FX or fixed income?
Keep one Bloomberg seat for the FX/FI use case and move the equity analysts to Convexity. A 5-analyst equity desk on Convexity + 1 Bloomberg seat for the PM is roughly $33,700/yr instead of $141,600/yr.
Is there a procurement-ready security overview?
Yes. The security page has the encryption spec, auth flow, ISP, zero-trust architecture, access control policy, audit log architecture, vendor subprocessors, incident track record, and responsible-disclosure policy. The Plaid attestation page covers the 11 production-tier compliance items.
Start a parallel pilot.
Email the founder. Ten-minute call, no slide deck, real questions about your desk's workflow.