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Compare · Filings infrastructure

The Refinitiv / LSEG alternative for filings infrastructure.

LSEG Workspace — the product formerly known as Refinitiv Eikon, retired 30 June 2025 — is the analyst desktop with Reuters News, StarMine, and the RNS regulatory feed. FinancialReports is the filings API built for builders — self-serve, AI-ready Markdown, webhooks, MCP, free for the web, across 48 markets.

Last updated · May 2026Numbers cited from each vendor's public materials and third-party data vendors
At a glance · who picks whathonest comparison · LSEG has real strengths
Pick FinancialReports if
  • You can't justify $150k–$400k mid-market annual contract value
  • You need a self-serve API key in two minutes
  • AI-ready Markdown for LLM grounding matters
  • Webhooks instead of polling are your delivery model
  • You want an MCP (Model Context Protocol) server you can wire to Claude Desktop today
Pick LSEG Workspace if
  • You need Reuters News plus 10,000+ additional sources
  • RNS as primary source matters (LSEG owns the channel)
  • The 40M+ document archive back to 1968 (US) / 1989 (global) is the moat
  • Microsoft Copilot Studio MCP integration is your AI distribution channel
  • Multi-asset coverage (FX, fixed income, commodities, equities) under one roof
01 · Overview

Two tools, different shapes.

LSEG solves the analyst desktop and cross-asset data. FinancialReports solves the AI-era filings pipeline. The overlap is one corner of each product.

FFinancialReportsfilings infrastructure

A public-company filings API.

Every annual, quarterly, interim, and ad-hoc filing — indexed, parsed, normalized to Markdown. Free for the web, paid for the API and bulk delivery.

  • 26M filings · 48 markets
  • Markdown · JSON · raw PDF
  • Webhooks · < 90 s after publish
  • MCP server, free for any LLM client
From $0/mo · web is free, no account
LLSEG Workspaceanalyst desktop

A full analyst desktop.

LSEG Workspace combines Reuters News, StarMine analytics, MarketPsych sentiment, the RNS regulatory feed, and 40M+ filings going back decades. The successor to Refinitiv Eikon.

  • Reuters News + 10,000+ sources
  • 40M+ filings · 138+ markets
  • RNS Real-time Feed (LSEG-owned)
  • Microsoft Copilot Studio + LSEG MCP server
From sales-quoted · typically $150k–$400k ACV
02 · Feature matrix

Side by side, line by line.

A non-exhaustive grid of what each tool does and how well. Where the lines blur, we say so.

Feature
FinancialReports
LSEG Workspace
Filings & disclosures
Every public-company filing, indexed
48 markets · 26M
138+ markets · 40M+
Historical archive depth
growing backfill
1968 US / 1989 global
AI-ready Markdown output
native · per filing
PDF/HTML/structured
Webhooks on new filings
HMAC-signed · < 90 s
RNS WebSocket; broader API same-day
News & analytics
Reuters News + exclusives
Reuters newsroom
Cross-asset coverage
filings only
FX · FI · commodities · equities
Analyst desktop UI
API-first
Workspace UI · CodeBook
Sentiment + analytics layer
StarMine · MarketPsych
Developer & AI integration
Self-serve developer API
key in ~2 min · OpenAPI
sales-gated
MCP (Model Context Protocol) server
public · free · any LLM
Copilot Studio-gated
Markdown for LLM pipelines
Free tier for web users
no account
Pricing & access
Public price list
monthly self-serve
sales-quoted
Annual entry cost
$0 (web) · $69+/mo (API)
$150k–$400k mid-market ACV
Single SKU vs entitlement stack
one tier
base + add-ons
Full · Partial · Not in scope  ·  Sourced from each vendor's public materials and reputable third-party data aggregators · spot a stale number? Tell us.
03 · The numbers

Cost. Coverage. Concrete.

Concrete numbers, sourced from each vendor's public materials and third-party data vendors.

Archive depth
FinancialReports48 mktsgrowing backfill
LSEG50+ yrs1968 US / 1989 global
Entry-level annual cost
FinancialReports$0web · forever
LSEG$150k+mid-market ACV
MCP openness
FinancialReportsPublicany LLM · free
LSEGCopilotgated
04 · Speed

Filings hit the index in under a minute.

Median time from regulator publication to a queryable record. LSEG's RNS feed is WebSocket-fast; the broader Filings API runs on a batch cadence .

FinancialReports
~ 42 s
LSEG Workspace
RNS WebSocket · same-day
Legacy aggregator
~ 30 min
Daily-batch vendor
next day

Measured against 13,400 filings across DE · FR · UK · NL · SE · US, Jan–Apr 2026. Time = regulator publication → API availability. Webhooks fire < 90 s for paid clients.

05 · By role

Different jobs. Different tools.

A few real workflows and where each tool shines. There's no single answer — many firms run both.

For analysts on the desk

Reuters + filings + StarMine

Pick LSEG

Workspace is the analyst's daily driver — Reuters news flow, StarMine ratings, codebooks. FinancialReports has no equivalent desktop UI.

For AI / data teams

Webhooks + Markdown + MCP

Pick FinancialReports

Self-serve API key, AI-ready Markdown, webhook on every new filing across 48 markets, and a free MCP server. No Copilot Studio dependency.

For multi-asset desks

FX + FI + commodities + equities

Pick LSEG

Cross-asset is LSEG's moat. Complement with FinancialReports for the AI-ready filings layer underneath.

06 · Migration

Most teams don't switch — they add.

LSEG stays for the analyst desktop and cross-asset overlay. FinancialReports takes the AI-era filings backend. Here's how to do it in a week.

01 · Day 1

Identify your LSEG dependencies

Workspace, Reuters News, StarMine, RNS, Eikon Data API. Note which the AI/dev team depends on vs the analyst seat.

02 · Day 2–3

Wire the FR webhook

Point the filing.published webhook at your AI/dev pipeline. Markdown lands within 60 s. Keep LSEG for the analyst desktop.

03 · Day 4–7

Cut over filings-ingest

Route raw filings via FinancialReports; LSEG stays for news, analytics, and the cross-asset overlay.

07 · FAQ

Questions that come up.

How much does LSEG Workspace cost vs FinancialReports?

LSEG Workspace is sales-quoted with no public price list; third-party estimates put it at $1,500–$3,000/user/month base, plus add-ons, with typical mid-market ACVs of $150,000–$400,000 . FinancialReports is $0 for the web, $69/mo for Pro, and $499/mo for Business, all with self-serve checkout.

Can I get the LSEG Filings API without a Workspace entitlement?

Typically no — Filings API access requires an LSEG / Refinitiv entitlement and a sales conversation. FinancialReports gives any developer an API key without sales.

Does LSEG offer Markdown-formatted filings?

Not in the standard Workspace or Filings API surface — filings are delivered as PDF, HTML, or structured fields . FinancialReports delivers every filing as AI-ready Markdown natively.

How does LSEG's MCP server compare to FinancialReports' MCP?

LSEG's MCP integration ships through Microsoft Copilot Studio with an LSEG entitlement . FinancialReports' MCP server is public, free, and works with Claude Desktop, Claude Code, ChatGPT, and custom agents — no gating, no Copilot dependency.

Can a small fintech or startup use the LSEG Filings API?

Mid-market ACVs typically start in the high five figures — out of reach for most small fintechs. FinancialReports is built for builders: $69/mo gets the same primary-source filings universe across 48 markets, in Markdown, with webhooks.

LSEG keeps the desktop. We deliver the filings layer.

Stop waiting on sales to evaluate a filings feed. Get an API key in two minutes.