How LyraMind compares with Bloomberg, FactSet and AlphaSense
Those tools look things up. LyraMind answers a different question: why you own a position, and whether the reasons still hold.
| The question | Where you would go today | LyraMind |
|---|---|---|
| What is the price, right now? | Bloomberg, LSEG | Not covered. Keep your current tool. |
| What did management say about capex? | AlphaSense, LSEG | Not covered. Keep your current tool. |
| What are the comparable transactions? | Capital IQ, PitchBook | Not covered. Keep your current tool. |
| What is the normalized financial history? | FactSet, Capital IQ | Not covered. Keep your current tool. |
| Why do we own this? | A memo somebody wrote once | Named assumptions that stay live |
| Are those reasons still true? | Nowhere | Checked automatically |
| Which of our positions share an assumption? | Nowhere | Shared assumptions view |
| What did we believe before the outcome? | Nowhere | A saved history that is never overwritten |
| What do we keep getting wrong? | Nowhere | Track record, once outcomes are recorded |
Why LyraMind does not compete on content
LyraMind works with the data you already have
LyraMind licenses enough public and market data to be useful by itself. Beyond that it uses the subscriptions you already pay for. If your firm has FactSet, LyraMind uses that data inside your decision history, so you do not have to replace it.