AlphaSense vs. BamSEC

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
AlphaSense
Score 9.5 out of 10
N/A
AlphaSense is a market intelligence platform used by companies and financial institutions. Since 2011, their AI-based technology has helped professionals make business decisions by delivering insights from public and private content—including company filings, event transcripts, news, trade journals, and equity research. The platform boasts users among 4,000 enterprise customers. Headquartered in New York City, AlphaSense employs over 1,000 people across offices in the U.S., U.K., Finland, and…N/A
BamSEC
Score 8.2 out of 10
N/A
BamSEC is a financial research tool designed to transform how the user can work with SEC filings and earnings transcripts.
$828
per year
Pricing
AlphaSenseBamSEC
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
AlphaSenseBamSEC
Free Trial
YesYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
AlphaSenseBamSEC
Considered Both Products
AlphaSense
Chose AlphaSense
Deeper than BamSEC obviously (many more research sources and international companies) but UI on BamSEC is cleaner/better.
Chose AlphaSense
These databases are rather great at what they do. For example - MergerWare is great at M&A deals, BamSEC is great for company docs, etc. However, as an analyst, you have to craft information across these data sources which is what AlphaSense helps us with.
Chose AlphaSense
If you have Bloomberg, the use case for AlphaSense is probably limited. If you don't have Bloomberg, AlphaSense can replace Capital IQ, and potentially BamSEC (though I still prefer that UI) and provide you with aggregation capabilities at a much lower cost (though obviously …
Chose AlphaSense
Compared to BamSEC it gives international company exposure
All of our equity research is through Alphasense so Eikon isn't helpful
Chose AlphaSense
Capital IQ has more data but capital IQ is very clunky to use (it is very slow). Capital IQ lacks expert insight calls but has other data to offer including credit analytics
BamSEC only has SEC documents and has integrated with Tegus expert calls. It is lighter on data and …
Chose AlphaSense
AlphaSense's search engine for filings is powerful/more UI friendly than its competitors.
Chose AlphaSense
  • much more user friendly / efficient than FactSet
  • better search functionality within equity research reports, but more buffering required versus Refinitiv Eikon
Chose AlphaSense
Found AlphaSense's search to be faster and more complete
Chose AlphaSense
AlphaSense is better in doing a search for quotes / comments. Eikon in better in extracting equity research reports
Chose AlphaSense
fairly similar but i'm more used to AlphaSense layout and format
Chose AlphaSense
- Alphasense has better NLP algorithms for finding terms and their close proxies, a super 'control-F' feature

- Alphasense is able to aggregate all sources of data (sell side, company, competitors) into one easier search feature
Chose AlphaSense
AlphaSense is the go-to source for research and industry news. While each competing program has it's unique abilities, AlphaSense is the clear frontrunner by a long margin when it comes to research and news. The search capabilities make it the easiest user-interface platform on …
Chose AlphaSense
Capital IQ is good for summary stats. They have a limited search feature for public company transcripts, however this is not nearly as deep as the search functions on AlphaSense
Chose AlphaSense
AlphaSense offers the richest combination of search capabilities and depth of information of any of these platforms.
BamSEC
Chose BamSEC
not even comparable. Koyfin would take much much longer to feed new filings than BamSec

the only place this beats BamSec is the mobile website, i really hope BamSec can get their act together on that front
Top Cons

No answers on this topic

Features
AlphaSenseBamSEC
Financial Research
Comparison of Financial Research features of Product A and Product B
AlphaSense
7.0
140 Ratings
15% below category average
BamSEC
-
Ratings
Private Company Data5.2112 Ratings00 Ratings
Industry-Specific Information7.7136 Ratings00 Ratings
Independent Research Access7.6131 Ratings00 Ratings
M&A Analysis7.2107 Ratings00 Ratings
Supply Chain Data5.573 Ratings00 Ratings
ESG Data6.170 Ratings00 Ratings
Credit Ratings Reports7.063 Ratings00 Ratings
Macroeconomic News8.196 Ratings00 Ratings
Search Tools9.2131 Ratings00 Ratings
Best Alternatives
AlphaSenseBamSEC
Small Businesses

No answers on this topic

No answers on this topic

Medium-sized Companies
S&P Capital IQ
S&P Capital IQ
Score 7.8 out of 10
S&P Capital IQ
S&P Capital IQ
Score 7.8 out of 10
Enterprises
S&P Capital IQ
S&P Capital IQ
Score 7.8 out of 10
S&P Capital IQ
S&P Capital IQ
Score 7.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
AlphaSenseBamSEC
Likelihood to Recommend
9.5
(210 ratings)
10.0
(1 ratings)
Likelihood to Renew
8.4
(17 ratings)
-
(0 ratings)
Usability
9.0
(206 ratings)
-
(0 ratings)
Availability
8.6
(18 ratings)
-
(0 ratings)
Performance
7.4
(18 ratings)
-
(0 ratings)
Support Rating
8.2
(13 ratings)
-
(0 ratings)
In-Person Training
9.1
(1 ratings)
-
(0 ratings)
Online Training
8.3
(7 ratings)
-
(0 ratings)
Implementation Rating
9.0
(5 ratings)
-
(0 ratings)
Configurability
8.1
(5 ratings)
-
(0 ratings)
Contract Terms and Pricing Model
7.1
(3 ratings)
-
(0 ratings)
Ease of integration
8.2
(1 ratings)
-
(0 ratings)
Product Scalability
7.8
(18 ratings)
-
(0 ratings)
Professional Services
8.2
(2 ratings)
-
(0 ratings)
Vendor post-sale
8.1
(4 ratings)
-
(0 ratings)
Vendor pre-sale
9.1
(4 ratings)
-
(0 ratings)
User Testimonials
AlphaSenseBamSEC
Likelihood to Recommend
AlphaSense
AlphaSense works very well for researching topics related to companies, technologies and/or industries. The information access is super useful. Sorting by search relevance and filtering by source type can help curate the information to what you are looking for. One area that could use some help is how to digest that information down to usable chunks. If your goal is to synthesize the information into your research, then the platform seems to have some tools to help do that, but it will still be a manual process. A CoPilot or similar integration could go a long way to improving the time to value of using this tool and the information it gathers for you.
Read full review
BamSEC
other than being essentially unusable on mobile/tablet, BamSec is second to none when it comes to efficiently searching through filings and transcripts. really like how it pre-sorts all a company's documents into PRs, 8-Ks, proxies, trancripts, 10-K/-Q, et cetera we also like that you can use screening function that enables searches across multiple companies or company lists
Read full review
Pros
AlphaSense
  • Key market trends- I input a topic name and get information related to the topic.
  • Competitor filings- Alphasense is able to get all the regulatory documents quickly.
  • Earnings calls- Alphasense now provides transcripts, which is incredibly helpful when I can't attend the earnings call live.
Read full review
BamSEC
  • comparing similar tables across different SEC filings
  • custom and general email alerts
  • ability to pay for expert interviews
  • ability to download raw pdf
  • speed of updates
  • highlighting capabilities
  • can create a public link to share snippets
Read full review
Cons
AlphaSense
  • Provide access to research reports on latest technology topics like Small Modular Reactor in Nuclear industry
  • Curate end industry commentary based on particular account expectations on regular basis ( monthly/bi monthly)
  • Mail communication regarding latest topics that are included to the AlphaSense library
Read full review
BamSEC
  • mobile website is unusable
  • there is no mobile app
  • note-taking can be finicky
Read full review
Likelihood to Renew
AlphaSense
AlphaSense is a very useful tool and is reasonably priced for our organization. While I may not be a hyper-active user, it's a great resource when I need to quickly do a competitive landscape survey, review publicly available documents (transcripts, etc.), or review Wall Street research
Read full review
BamSEC
No answers on this topic
Usability
AlphaSense
The ability to quickly move between transcripts/research is excellent, as is the previews generated of excerpts around search terms, and really increases efficiency/ability to find what you are looking for. The advanced search functionality is more challenging to use, and can some times be difficult to figure out how to set the exact parameters you are looking for (however, once you have the search in place, it is easy to amend)
Read full review
BamSEC
No answers on this topic
Reliability and Availability
AlphaSense
The availability of Alphasense is great. I have used the software for multiple years and cannot remember ever having an outage issue. This is surprising actually, as I use other software applications that do not have regular outages, but still have outages periodically. Alphasense, on the other hand, never seems to have any outages. Good sign if I can't remember the software not working :).
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BamSEC
No answers on this topic
Performance
AlphaSense
Loading or performing searches on AlphaSense platform is reasonably fast for most of the time. However, it is sometimes unacceptably long for me to load PDF files (earnings presentation, supplementary financial report) on AlphaSense. Certain features might also take very long time, such as loading for "similar tables" across EDGAR filings, or downloading tables from EDGAR filings
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BamSEC
No answers on this topic
Support Rating
AlphaSense
Customer support is very prompt. I get personalized support for search recommendations and content that I could not find in my own search. Support checks in with me on a bi-monthly basis to keep me informed of the many different feature additions, I cannot find a more kind, understanding, and supportive team.
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BamSEC
No answers on this topic
In-Person Training
AlphaSense
The person was prepared, attentive, understood the nature of my questions, was willing to work through any difficulties or misunderstandings, was patient, and super pleasant to work with. Great customer service.
Read full review
BamSEC
No answers on this topic
Online Training
AlphaSense
Trainers address the basics, and such training was meant for new users. Instructions are really helpful by providing scenarios that our team will face in our daily tasks. It will be more thoughtful if the training is conducted by case studies so as to allow new users to get first-hand experience during the training.
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BamSEC
No answers on this topic
Implementation Rating
AlphaSense
use friendly UI made the transition seamless
Read full review
BamSEC
No answers on this topic
Alternatives Considered
AlphaSense
We primarily use Aiera for live transcripts but their transcripts are not as accurate and a bit more glitchy. AlphaSense is really strong on that front and even organizes your printouts with smart summaries and a collection of all of your highlights. It is much better for organizing your thoughts.
Read full review
BamSEC
not even comparable. Koyfin would take much much longer to feed new filings than BamSec the only place this beats BamSec is the mobile website, i really hope BamSec can get their act together on that front
Read full review
Contract Terms and Pricing Model
AlphaSense
flexible billing
Read full review
BamSEC
No answers on this topic
Scalability
AlphaSense
The sharing features provides by AlphaSense mean that it can be readily scaled for teams within an organization and, subject to compliance requirements, with client organizations. The ability to share annotations of transcripts and investor releases is valuable, and facilitates collaboration between analysts.
Read full review
BamSEC
No answers on this topic
Professional Services
AlphaSense
Very professional and knowledgeable team. Easy to work with and communicates in a way that's helpful for users who aren't experts on the platform
Read full review
BamSEC
No answers on this topic
Return on Investment
AlphaSense
  • AlphaSense has allowed us to generate deeper competitive insights. For example, we conducted an in depth analysis of the aerial data analytics (drone) industry, and AlphSense helped us narrow in on the market leaders and their various strengths / weaknesses.
  • AlphaSense has improved our team's overall efficiency. With Stream in particular, we are able to pinpoint insights in a matter of minutes through the transcript feature as opposed to having to conduct a series of calls ourselves. This is a significant time saver.
  • AlphaSense has allowed us to make more informed decisions on our public holdings by providing us with unfettered access to equity research analyst reports.
Read full review
BamSEC
  • efficiency of research
  • ROI
  • no need to proactively look after setting alerts
Read full review
ScreenShots

AlphaSense Screenshots

Screenshot of AlphaSense's AI search, available across 2,000+ premium business data sources including SEC filings, earnings calls, broker research, business journals, news & more. It can be used to stay ahead of market-moving trends and instantly surface critical information buried within millions of documents.Screenshot of a single view of the industries, companies and themes within a fully-customizable dashboard, that can be tailored to fit any research process.Screenshot of a purpose-built generative AI that offers insights from a premium content universe.