TrustRadius: an HG Insights company

Save this comparison

Save this comparison

Contact about AlphaSense

Please fill out the form below to get in touch.

AlphaSense

Connect with AlphaSense

What are you interested in?

Already have an account?

You hereby consent to have TrustRadius share the information supplied on this form with AlphaSense so that AlphaSense and TrustRadius may contact you in regard to the information requested.

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    AlphaSense

    Score9.3 out of 10
    N/AAlphaSense 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

    Bloomberg Terminal

    Score8.3 out of 10
    N/ASitting on the desks of 325,000 of the world’s most influential decision makers, the Bloomberg Terminal is a modern icon of financial markets. Launched in 1981, long before PCs and the internet became ubiquitous, the Bloomberg Terminal connected market participants to data, analytics and information-delivery service.N/A
    Pricing
    AlphaSenseBloomberg Terminal
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    AlphaSenseBloomberg Terminal
    Free Trial
    YesNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    AlphaSenseBloomberg Terminal
    Considered Both Products
    AlphaSense
    Chose AlphaSense
    One integrated platform. Modern user interface, unlike Bloomberg Terminal.
    Incentivized
    Chose AlphaSense
    AlphaSense is simply the best software when it comes to finding information from publicly available documents and their access to sell-side research. While it has some room to go in terms of their access to financials, they've already made significant improvements and I'm …
    Incentivized
    Chose AlphaSense
    Experts calls can help you to decide whether or not invest in a company. can give you insights on culture which is not easy to find in Annual reports.
    Tegus is much better in summarizing experts calls as well as give you a summary of experts calls called TOP INVESTORS QUESTIONS …
    Incentivized
    Chose AlphaSense
    All of them are better than AlphaSense. However, Bloomberg is over twice as expensive, and people are just paying a premium for Chat (which I don't want). I have not used FactSet for over three years. When I last used it, I would say that it was slightly better than AlphaSense …
    Incentivized
    Chose AlphaSense
    AlphaSense is a lot easier to use and I see it as a single purpose product whereas FactSet I'm more using to pull data
    Incentivized
    Chose AlphaSense
    I use both for market index research but oftentimes I rely on AlphaSense for what's not in Bloomberg.
    Incentivized
    Chose AlphaSense
    It's difficult to say as it has been several years since I used the above.
    Incentivized
    Chose AlphaSense
    I have not used any other platform like AlphaSense.
    Incentivized
    Chose AlphaSense
    Better team to onboard equity research.
    Incentivized
    Chose AlphaSense
    I use both. Both have pros and cons. Bloomberg has audio for calls, AlphaSense doesn't, but it's easier to search through documents.
    Incentivized
    Chose AlphaSense
    AlphaSense makes it easy to get to the right info quickly. The coverage of industries and companies for broker research is much more than the other products. AlphaSense also includes detailed financial info for companies and its AI-based summaries are helpful.
    Incentivized
    Chose AlphaSense
    Alphasense much easier to use than Bloomberg Transcripts - rate it much higher
    Incentivized
    Chose AlphaSense
    AlphaSense's smart search functionality is a huge differentiator versus these peers, particularly its ability to easily search through broker research (versus just filings/transcripts). In addition, AlphaSense makes it much easier to review multiple documents at once, and the …
    Incentivized
    Chose AlphaSense
    We use a combination of the above.

    As previously mentioned, CIQ and Bloomberg are better for market data (broker estimates, NAVPS data, etc.). The main difference is access to broker research and the excel plug in
    Incentivized
    Chose AlphaSense
    AlphaSense is very differnet from other simlar tools I have used. However, it is very powerful for doing the things it is designed to do. Its search engine feature is among the best and most user friendly that I have used.
    Incentivized
    Chose AlphaSense
    I really like AlphaSense but it's not a stop shop. For broker research / keyword search, its the best. But it doesn't have private company info, debt info, or the level industry metrics that PitchBook, Bloomberg, and CapIQ have. Additionally, it doesn't have financials at the …
    Incentivized
    Chose AlphaSense
    AI generated insights, keyword search engine are features not seen on other platforms
    Incentivized
    Chose AlphaSense
    AlphaSense has the best search / smart search functions. Refinitiv has more equity research reports, but AlphaSense has more than FactSet or BBG. All 4 databases do a comparable job of providing financials. FactSet has an impressive feature that allows you to jump within …
    Incentivized
    Chose AlphaSense
    I think it lacks valuation sections and comprehensiveness, but I think it's specific qualitative search capabilities are better.
    Incentivized
    Chose AlphaSense
    I think for searching and finding specific data AlphaSense is a far superior platform to Capital IQ or even Bloomberg. That being said, I haven't heard of or used an excel plug-in provided by AlphaSense, so it is difficult to compare from that perspective because CIQ's primary …
    Incentivized
    Chose AlphaSense
    AlphaSense seems to be on par with competitive landscape analysis and relevant drugs and companies
    Incentivized
    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 …
    Incentivized
    Chose AlphaSense
    Different in lots of ways. Each vendor above has things that are unique. Bloomberg is a necessity for my role, but the AS like product they have (Docusearch) doesn’t compare. Alphasense is worth the money right after Bloomberg and Visible Alpha (which is significantly cheaper). …
    Incentivized
    Chose AlphaSense
    I have all 3 platforms, and each have their benefits.
    Incentivized
    Chose AlphaSense
    Alpha Sense typically has more news information than CapIQ and Bloomberg. Also, I can find everything I need from the one homepage instead of using a bunch of different sources. Its also extremely easy to download documents and have them readily available compared to other …
    Incentivized
    Bloomberg
    Chose Bloomberg Terminal
    Visible Alpha and AlphaSense are better for fundamental research of publicly listed companies. The Visible Alpha Excel plug-in is easy to use, the financial KPIs are easy to find, and there's a long historical data availability. Whereas the AlphaSense AI functionality is …
    Incentivized
    Chose Bloomberg Terminal
    I select Bloomberg Terminal because of switching costs. I started with ith and learn a new software is not easy.
    Incentivized
    Key User Insights
    Would buy again
    99%
    Would buy again
    254 Answers
    100%
    Would buy again
    5 Answers
    Delivers good value for the price
    98%
    Delivers good value for the price
    190 Answers
    80%
    Delivers good value for the price
    4 Answers
    Happy with the feature set
    97%
    Happy with the feature set
    248 Answers
    100%
    Happy with the feature set
    5 Answers
    Lived up to sales and marketing promises
    98%
    Lived up to sales and marketing promises
    193 Answers
    No answers on this topic
    Implementation went as expected
    98%
    Implementation went as expected
    210 Answers
    No answers on this topic
    Features
    AlphaSenseBloomberg Terminal
    Financial Research
    Comparison of Financial Research features of AlphaSense and Bloomberg Terminal
    Feature
    AlphaSense
    7.9
    187 Ratings
    7% above category average
    Bloomberg Terminal
    6.7
    4 Ratings
    9% below category average
    Private Company Data5.5153 Ratings4.84 Ratings
    Industry-Specific Information9.3179 Ratings7.84 Ratings
    Independent Research Access9.1172 Ratings6.24 Ratings
    M&A Analysis8.8142 Ratings5.73 Ratings
    Supply Chain Data8.097 Ratings6.34 Ratings
    ESG Data6.596 Ratings6.33 Ratings
    Credit Ratings Reports6.084 Ratings7.33 Ratings
    Macroeconomic News9.1132 Ratings8.73 Ratings
    Search Tools9.1174 Ratings7.24 Ratings
    Best Alternatives
    AlphaSenseBloomberg Terminal
    Small Businesses
    No answers on this topic
    No answers on this topic
    Medium-sized Companies
    S&P Capital IQ
    Score7.5 out of 10
    S&P Capital IQ
    Score7.5 out of 10
    Enterprises
    S&P Capital IQ
    Score7.5 out of 10
    S&P Capital IQ
    Score7.5 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    AlphaSenseBloomberg Terminal
    Likelihood to Recommend
    9.9
    (255 ratings)
    8.3
    (5 ratings)
    Likelihood to Renew
    8.7
    (20 ratings)
    -
    (0 ratings)
    Usability
    9.3
    (251 ratings)
    7.3
    (4 ratings)
    Availability
    9.0
    (22 ratings)
    -
    (0 ratings)
    Performance
    7.3
    (22 ratings)
    -
    (0 ratings)
    Support Rating
    8.4
    (17 ratings)
    -
    (0 ratings)
    In-Person Training
    9.1
    (1 ratings)
    -
    (0 ratings)
    Online Training
    6.4
    (8 ratings)
    -
    (0 ratings)
    Implementation Rating
    9.1
    (5 ratings)
    -
    (0 ratings)
    Configurability
    5.9
    (5 ratings)
    -
    (0 ratings)
    Contract Terms and Pricing Model
    9.1
    (4 ratings)
    -
    (0 ratings)
    Ease of integration
    8.2
    (1 ratings)
    -
    (0 ratings)
    Product Scalability
    6.9
    (22 ratings)
    -
    (0 ratings)
    Professional Services
    8.2
    (2 ratings)
    -
    (0 ratings)
    Vendor post-sale
    8.2
    (5 ratings)
    -
    (0 ratings)
    Vendor pre-sale
    8.2
    (5 ratings)
    -
    (0 ratings)
    User Testimonials
    AlphaSenseBloomberg Terminal
    Likelihood to Recommend
    AlphaSense
    AlphaSense is very well suited to investing teams that need a research management system that has a robust database behind and rich content management features for note-taking. AlphaSense may not be well-suited to individual investors who want data access but don't need to be sharing notes to a wider team. The sharing features are what make AlphaSense most useful.
    Incentivized
    Read full review
    Bloomberg
    Well-suited as a monitoring tool for market prices, economic indicators, and news. Less appropriate for fundamental research and analysis. Other tools, such as AlphaSense and Visible Alpha, are better/more user-friendly for research usage or manipulation of financial statements, either because the platform itself is easier to use or because the Excel add-in function is simpler, less confusing.
    Incentivized
    Read full review
    Pros
    AlphaSense
    • Summarizing information across multiple company documents via their new Generative Grid tool.
    • Aggregating the latest insights from diverse sources - broker research, expert insights, company documents, and news.
    • Providing a repeatable way to query information.
    • Smart keywords to help you search, e.g., car = auto = automotive.
    Incentivized
    Read full review
    Bloomberg
    • EMSX
    • Graph
    • port
    Incentivized
    Read full review
    Cons
    AlphaSense
    • I believe the AI agent could be improved to answer more detailed questions and provide better data.
    • Access to real time financial data in a similar vein to Koyfin.
    • The ability to easily search across all company decks to be able to quickly gather all relevant slides for a specific topic, similar to what Quartr offers.
    Incentivized
    Read full review
    Bloomberg
    • Limiting data use
    • Cost of Bloomberg Terminal
    • New user on-boarding
    Incentivized
    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
    Incentivized
    Read full review
    Bloomberg
    No answers on this topic
    Usability
    AlphaSense
    AlphaSense has a very intuitive user interface, and I can tell they have been focused on expanding their product breadth and continuing to innovate on current products. Some basic features are missing or I can't find (I can't just sort expert calls by only the ones that are applicable to that ticker, most relevant is the one that works best, but I want just the ticker)
    Incentivized
    Read full review
    Bloomberg
    Easy to use but need to know commands
    Incentivized
    Read full review
    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 :).
    Incentivized
    Read full review
    Bloomberg
    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
    Incentivized
    Read full review
    Bloomberg
    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.
    Read full review
    Bloomberg
    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.
    Incentivized
    Read full review
    Bloomberg
    No answers on this topic
    Online Training
    AlphaSense
    Our online training was led by a AlphaSense representative. The training is always good. The bigger issue is our time availability to remember the training and utilize it. The trainers will show us examples and then ask us for real industries or companies of interest to use so that the training is most relevant.
    Incentivized
    Read full review
    Bloomberg
    No answers on this topic
    Implementation Rating
    AlphaSense
    use friendly UI made the transition seamless
    Incentivized
    Read full review
    Bloomberg
    No answers on this topic
    Alternatives Considered
    AlphaSense
    Special features of AlphaSense that made us decide on this CI platform: - US-based market and competitive intelligence platform with various premium content (broker information, expert calls, earning transcripts, original company documents etc.) - AlphaSense is a trusted CI platform by world’s leading corporations and financial institutions - AlphaSense’s proprietary AI stack has been meticulously engineered over a decade so that their AI accelerates speed-to-insight so clients can act with confidence when making critical decisions - Private and public companies, therapeutic areas and products can be monitored - Datalog is available up to 15 years, and advanced search is supported for them - Curated newsfeed is available from more than 3,500 top news publications, client requests and hand-picked vendors for premium subscription - Very advanced company profiles are available by default with newsfeed, original company documents, expert calls and reports - Newsfeed and alerts can be also set by admins and individual users
    Incentivized
    Read full review
    Bloomberg
    While there are a lot of competitive services in the marketplace, each good in its own right, the Bloomberg Terminal is considered the top product. It has key fast information and can help individuals make fast decisions. It also has a top-tier support desk that can answer questions for you and teach you functionality to apply to your role
    Incentivized
    Read full review
    Contract Terms and Pricing Model
    AlphaSense
    It has been very simple. Contract terms are standard for an online portal. Of course, I would like unit pricing to be lower so I could get more users on the license or to rotate seats to get more value out of each license. Billing frequency has been standard as well. This could be more significant for a larger customer.
    Incentivized
    Read full review
    Bloomberg
    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.
    Incentivized
    Read full review
    Bloomberg
    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
    Incentivized
    Read full review
    Bloomberg
    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.
    Incentivized
    Read full review
    Bloomberg
    • The terminal is an important part of our research process. We use the supply chain function for example when researching new companies.
    • The terminal allows us to have a quick overview of past performance for stocks during earnings season (ERN function).
    • The terminal is very good at synthesizing the main industry indicators in the Bloomberg Intelligence functions for each industry.
    Incentivized
    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, and news. 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.