BHI 3.0·Q1 2026 Bulletin
Last computed 14:32 UTC, Apr 29 2026·Spearman ρ = 0.83·Validation: preliminary
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Movers · since 14:32 UTC, Apr 29 2026
PLATFORM PROFILELSEG.L

Refinitiv/LSEG

$65B (LSEG)Bloomberg alternativeBanks & Financial Markets
2.19
B-index (V3.1)
EVENT HORIZON
Capture1.015
Escape0.464
Key Structural Insight

Refinitiv keeps Bloomberg's s above zero. Without it, Bloomberg B would be even higher.

Eleven-Parameter Profile

5DATAMEMACTPROCNETCLOSEPORTSUBFALLORGMOM
Data Depth7/10
Memory5/10
Action6/10
Process7/10
Network6/10
Closeness7/10
Portability4/10
Substitutability5/10
Human Fallback5/10
Org Depth7/10
Momentum4/10
Capture Escape Extended

V3.1 Decomposition

ComponentValueFormula
CES₄ capture core0.6221CES(d, m, a, p)
Knowledge synergy σₖ0.5916√(d · m)
Operability synergy σₒ0.6481√(a · p)
Synergy boost1.18601 + 0.3·(σₖ + σₒ)/2
Org-depth multiplier1.35001 + 0.5·o
Momentum multiplier1.12001 + 0.3·t
Total Capture1.0152c·(1+0.5n)·core·syn·org·mom
CES₃ escape core0.4654CES(x, s, h)
Feedback attenuation0.7823max(0.3, 1 − 0.35·core)
Total Escape0.4641ε + escCore · feedback
B = Capture / Escape2.191.015 / 0.464

Scoring Rationale

Eikon workspace. Bloomberg alternative for cost-conscious firms. Smaller messaging network. Exists primarily as "not Bloomberg" option.

Parameter Sensitivity

MARGINAL B-INDEX CHANGE PER ±1 SCORE SHIFT
CLOSE7
+0.63
MEM5
+0.27
PORT4
-0.27
ACT6
+0.25
SUB5
-0.24
FALL5
-0.24
PROC7
+0.23
DATA7
+0.23
NET6
+0.17
ORG7
+0.16
MOM4
+0.12
+ raises B (deepens lock-in) lowers B (aids escape)

Comparable PlatformsBanks & Financial Markets (7 peers)

#PlatformTickerB-indexZone
01Bloomberg TerminalPrivate7.21BLACK HOLEProfile →
02SWIFT-6.78BLACK HOLEProfile →
03JPMorgan ChaseJPM6.13BLACK HOLEProfile →
04BlackRockBLK5.21BLACK HOLEProfile →
05Goldman SachsGS4.11BLACK HOLEProfile →
06Interactive BrokersIBKR2.49EVENT HORIZONProfile →
07Charles SchwabSCHW2.26EVENT HORIZONProfile →