Factiva

Overall Opinion: Staying profitable and prominent in the business world often requires more than just a solid product or service and a marketing pitch to match. As the financial world becomes increasingly complicated and overcrowded and the digital space creates an increasingly complex ecosystem, staying on top of the latest news can mean the difference between profit and failure. Factiva makes sure you have the most critical information of the day when you need it. The news database Dow Jones has constructed in Factiva is almost overwhelmingly thorough. It consists of articles sourced from over 33,000 sources in the world of finance, and these cover everything from respected journals to blog posts from some of the most prominent thinkers in the business. They claim that as many as 74% of these sources aren't accessible directly through the open web, providing Factiva users with a wealth of insider content they otherwise might not have access to. Many of their other sources provide exclusive access to Factiva before releasing openly, a great way to get a head start on industry trends before the rest of the world knows about them. With this amount of information, it could be hard to parse the entire database for the information that's applicable to your needs. Factiva narrows down the process by allowing you to filter your results globally, regionally, or according to the sectors or industries that matter to you. A wealth of information won't matter much if the content isn't of reliable quality, but Factiva doesn't just rely on algorithms or web scraping to filter their sources. A dedicated team of roughly a hundred specialists carefully sort through all the news of the day, mining the data, analyzing it, and curating it into an experience that fully separates the wheat from the chaff. This provides Factiva with an element of human sourcing that more automated systems of news aggregation simply can't provide. That's not to say that there isn't an automated element to the news provided. Factiva draws from Dow Jones' methodology of Intelligent Identifiers to more accurately sort through the data available. Using an advanced system of taxonomy, this system provides a cleaner and more nuanced method for sorting, displaying, and presenting information to users. This taxonomy is evaluated every two months to make sure it's still in step with the demands of the industry. Alert and notification options provide you with the means to stay aware when news relevant to your needs enters your feed, allowing you to more quickly respond to the situation on the ground, and Factiva also utilizes smart APIs that can help you integrate your Factiva feed directly with the software you use to run your business. When it comes to relaying information to your clients, Factiva provides the tools. A newsletter builder and integrated reader provides users with the means to encourage and improve engagement.

Pros: News sourced by one of the most respected names in the world of finance Integrates easily with Factiva mobile apps Watertight licensing on Dow Jones' end protects you against copyright infringement

Cons: Cost-prohibitive in comparison to comparable sources Some sources are slow to be added to the database