How the ways to get rates data compare
Most teams get forward curves and swap rates from a terminal, their bank or a free website. Each suits a different job. Here they are side by side, with where BlueGamma fits.
- 100+financial institutions
- 60k+forward curves downloaded
- $100bn+of swaps priced and valued
At a glance
| Criterion | BlueGamma | Bloomberg Terminal | LSEG Workspace | Your bank or adviser | Free websites |
|---|---|---|---|---|---|
| What it covers | Interest rate data only: forward curves, swap rates, fixings, swap and cap pricing, across 30+ currencies | Every asset class, plus news and messaging | Multi-asset data and news | The rates and quotes they choose to send | Today’s rates for some indices and tenors |
| Price | From $349 a month, on the pricing page | Reported at $31,980 a year for a single Terminal, on a two-year subscription (source) | Not published | No direct fee | Free |
| Independent of your swap | Yes | Yes | Yes | No: it is the bank quoting your swap | Usually |
| Timestamped and repeatable | Every curve carries its time, with swap rates back to 2018 | Yes, with deep history | Yes, with deep history | At their timestamp, on request | Often end of day, with little history |
Bloomberg and LSEG do not publish full price lists. Figures are as reported by the linked sources and may differ from any individual contract.
Pick by what the data is for
A current curve in the model
Forward curves for a financial model, refreshed when inputs change. A terminal is more than you need, and asking the bank each time is slow. BlueGamma puts the curve straight into Excel.
An independent check on a swap
A mark-to-market or a fair rate that doesn’t come from the bank on the other side. A terminal does this too; BlueGamma is built for it and costs less.
Data for your own system
Rates in a treasury system or your own product, with clear rights to use them there. Here the licence matters more than the price.
The comparisons
Test it on your own numbers
Price a swap you already hold and check it against your terminal or your bank’s quote.
FAQs
For interest rate data, often yes: forward curves, swap rates, fixings and swap pricing. For news, messaging or other asset classes, no. Many teams start by running both and keep one Terminal for the rest.
Every curve is built from live market quotes, timestamped, and within 1bp of bank mids. The methodology page shows how, and we’re happy to reconcile against your own numbers in a trial.
For an occasional check that works. When inputs change often, waiting on the bank slows the model, and a curve from the bank quoting your swap can’t be an independent check on it.
Bloomberg and Bloomberg Terminal are trademarks of Bloomberg Finance L.P. LSEG and Workspace are trademarks of the London Stock Exchange Group. BlueGamma is not affiliated with, endorsed by, or sponsored by either. Not investment or procurement advice.