DataScope Select
DataScope Select is a non-real-time pricing and reference data delivery platform owned by LSEG (London Stock Exchange Group).
Publisher review
DataScope Select is a non-real-time pricing and reference data delivery platform owned by LSEG (London Stock Exchange Group). It targets portfolio managers, fund administrators, and market data teams who need on-demand access to over 80 million active and retired securities across equities, futures, options, indices, FX, rates, credit, loans, commodities, securitised debt, corporate/government debt, convertibles, municipals, mortgage pools, and OTC derivatives. The platform is designed for users who require flexible, pay-as-you-go consumption rather than fixed enterprise subscriptions, and who need to support workflows such as portfolio valuation, fund administration, and regulatory reporting under MiFID II, Solvency II, and Global Shareholding Disclosure.
The platform delivers data through three connectivity options: a GUI for manual extraction, FTP/SFTP for scheduled batch delivery, and a REST API for programmatic integration. Users can create customised portfolios and review detailed usage reports at individual user and company level, giving them control over consumption and cost. The independent evaluated pricing service provides daily, transparent valuations that automatically comply with IOSCO guidelines. Onboarding is designed to take approximately 30 minutes, and the service supports point-in-time pricing for net asset value calculations. LSEG employs hundreds of local market experts across global data centres to validate sourced content.
DataScope Select competes directly with Bloomberg Data License, Capital IQ, FactSet, and Thomson Reuters Eikon. Its differentiator is the combination of a pay-as-you-go pricing model with cross-asset coverage that includes less liquid instruments such as mortgage pools, securitised debt, and OTC derivatives. Unlike Bloomberg Data License, which typically requires a terminal seat or annual contract, DataScope Select allows users to pay only for the specific instruments and fields they consume. However, it lacks the real-time streaming capabilities of FactSet or Thomson Reuters Eikon, and its evaluated pricing service, while IOSCO-compliant, may not match the depth of broker-sourced evaluations from specialist providers.
The main trade-offs involve pricing transparency and setup complexity. LSEG does not publish per-instrument or per-field rates, so users must request a custom quote, making it difficult to compare costs upfront. The platform's breadth of 80 million securities can be overwhelming for teams that only need a narrow slice of data, and the self-service GUI may require training for users unfamiliar with LSEG's data taxonomy. Additionally, while the pay-as-you-go model reduces waste for low-volume users, heavy consumers may find that per-unit costs accumulate faster than a flat-rate enterprise license from a competitor. The service also does not include real-time data, so firms requiring both streaming and reference data will need a separate solution.
How it works
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On-demand security universe
Provides access to over 80 million active and retired securities across equities, derivatives, fixed income, and OTC instruments, updated weekly.
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Multiple connectivity options
Supports GUI, FTP/SFTP, and REST API for data extraction, allowing manual, scheduled, or programmatic delivery to fit different workflows.
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IOSCO-compliant evaluated pricing
Independent pricing service delivers daily valuations that automatically meet IOSCO guidelines, with no ties to any index provider.
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Customisable portfolios and usage reports
Users can create customised portfolios and review detailed usage reports at individual user and company level to control consumption.
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Cross-asset class coverage
Covers equities, futures, options, indices, FX, rates, credit, loans, commodities, securitised debt, corporate/government debt, convertibles, municipals, mortgage pools, and OTC derivatives.
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Pay-as-you-go pricing model
Charges only for the specific instruments and fields consumed, with no fixed annual commitment, reducing costs for variable usage.
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Local market expertise network
Hundreds of local experts in global data centres check and validate sourced content, ensuring accuracy for locally traded instruments.
Strengths and trade-offs
Strengths
- Covers over 80 million active and retired securities, including niche asset classes like mortgage pools and securitised debt, which many competitors do not offer.
- Pay-as-you-go pricing lets users pay only for the instruments and fields they consume, avoiding the fixed annual fees typical of Bloomberg Data License or FactSet.
- Evaluated pricing service is independent and automatically complies with IOSCO guidelines, reducing regulatory audit burden for fund administrators.
- Onboarding can be completed in approximately 30 minutes, with three connectivity options (GUI, FTP/SFTP, REST API) to fit different technical environments.
Trade-offs
- Pricing is not publicly disclosed; users must request a custom quote, making it difficult to compare costs with competitors like Capital IQ or FactSet.
- The platform does not provide real-time streaming data, so firms needing both real-time and reference data must purchase a separate solution.
- The breadth of 80 million securities can be overwhelming for teams that only need a narrow slice of data, requiring upfront filtering and setup.
- Self-service GUI may require training for users unfamiliar with LSEG's data taxonomy, increasing initial setup time beyond the advertised 30 minutes.
Pricing context
Pay-as-you-go model based on specific instruments and fields consumed; no fixed annual commitment. Per-unit rates are not published and require a custom quote from LSEG sales.
Getting started with DataScope Select
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Sign up for DataScope Select
Visit the LSEG DataScope Select website and complete the registration form to request a custom quote. A sales representative will contact you to finalize pricing and provide login credentials for the platform.
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Connect via GUI or API
Log in to the DataScope Select GUI to manually extract data, or generate API keys from your account settings to enable programmatic access. For batch workflows, configure FTP/SFTP credentials for scheduled deliveries.
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Configure your portfolio
Use the GUI or API to define a custom portfolio by selecting specific securities from the 80 million available. Apply filters for asset class, region, and status (active/retired) to narrow down the universe to your needs.
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Extract pricing data
Run a query for daily evaluated pricing on your portfolio. Choose the desired fields (e.g., bid, ask, last price) and output format (CSV, XML). The data will be delivered via GUI download, API response, or FTP file.
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Review usage reports
Access the usage reporting dashboard to view consumption at the user and company level. Monitor which instruments and fields were accessed to track costs and optimize future data requests under the pay-as-you-go model.
Frequently Asked Questions
What is DataScope Select and who is it for?
DataScope Select is a non-real-time pricing and reference data platform from LSEG. It is designed for portfolio managers, fund administrators, and market data teams who need on-demand access to over 80 million securities for valuation, reporting, and compliance workflows.
How does DataScope Select's pay-as-you-go pricing work?
DataScope Select charges only for the specific instruments and fields you consume, with no fixed annual commitment. Per-unit rates are not published, so you must request a custom quote from LSEG sales. This model reduces costs for variable usage compared to flat enterprise licenses.
What types of securities does DataScope Select cover?
DataScope Select covers over 80 million active and retired securities across equities, futures, options, indices, FX, rates, credit, loans, commodities, securitised debt, corporate/government debt, convertibles, municipals, mortgage pools, and OTC derivatives, including niche asset classes.
How can I access data from DataScope Select?
DataScope Select offers three connectivity options: a GUI for manual extraction, FTP/SFTP for scheduled batch delivery, and a REST API for programmatic integration. This flexibility supports different technical environments and workflow needs, with onboarding taking approximately 30 minutes.
Is DataScope Select's evaluated pricing IOSCO compliant?
Yes, DataScope Select's independent evaluated pricing service delivers daily valuations that automatically comply with IOSCO guidelines. It has no ties to any index provider, reducing regulatory audit burden for fund administrators and supporting transparent net asset value calculations.
How does DataScope Select compare to Bloomberg Data License?
DataScope Select competes with Bloomberg Data License by offering pay-as-you-go pricing instead of annual contracts, and covers niche assets like mortgage pools. However, it lacks real-time streaming and requires a custom quote, making upfront cost comparison difficult.
Alternatives
How DataScope Select compares
Direct head-to-head against 3 competitors. Picked by 7wData.
DataScope Select
- Pricing
- Pay-as-you-go model based on specific instruments and fields consumed; no fixed annual commitment. Per-unit rates are not published and require a custom quote from LSEG sales.
- Target
- DataScope Select is a non-real-time pricing and reference data delivery platform owned by LSEG (London Stock Exchange Group).
- Strength
- Covers over 80 million active and retired securities, including niche asset classes like mortgage pools and securitised debt, which many competitors do not offer.
- Watch for
- Pricing is not publicly disclosed; users must request a custom quote, making it difficult to compare costs with competitors like Capital IQ or FactSet.
Bloomberg Data License
- Pricing
- Custom/Contact sales; typically $2,000+/user/month for terminal access.
- Target
- Institutional investors, asset managers, and banks needing real-time and reference data.
- Deployment
- On-premise or cloud via API/SFTP.
- Strength
- Real-time and historical data across all asset classes with Bloomberg terminal integration.
- Watch for
- High total cost; pricing escalates with data usage and user count.
Interactive Data (ICE Data Services)
- Pricing
- Custom/Contact sales; typically $500-$2,000/user/month for reference data.
- Target
- Buy-side firms, fund administrators, and risk managers needing evaluated pricing.
- Deployment
- Cloud or on-premise via API/FTP.
- Strength
- Evaluated pricing and fixed-income analytics with IOSCO compliance.
- Watch for
- Limited real-time data; complex contract negotiations.
FactSet
- Pricing
- Custom/Contact sales; typically $1,000-$3,000/user/month for data feeds.
- Target
- Portfolio managers, analysts, and investment banks needing integrated analytics.
- Deployment
- Cloud or on-premise via API/FTP.
- Strength
- Integrated analytics and portfolio management tools alongside reference data.
- Watch for
- Higher cost for full platform; data coverage gaps in niche OTC securities.
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Sources
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