Financial Research Platforms

TrustRadius Top Rated for 2023

Top Rated Products

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AlphaSense

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,…

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(1-25 of 41)

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AlphaSense

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,…

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PitchBook

PitchBook is a business intelligence software offering from PitchBook.

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S&P Capital IQ

Capital IQ is a market intelligence software solution offered by S&P Global Market Intelligence, which is the result of McGraw Hill Financial's acquisition of SNL Financial.

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Factiva

Factiva from Dow Jones is a data service that helps companies identify opportunities, accelerate decisions and manage a business's reputation, that includes global news and data accessible via the Dow Jones' research platform, on mobile devices or integrated via advanced feeds and…

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FactSet

FactSet is a provider of financial data and analytic applications for investment management and investment banking professionals.

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Backstop

Backstop Solutions Group in Chicago provides cloud-based technology supporting hedge funds. These applications include tools for investment research and analytics, accounting, a financial services specific CRM, and investor relations and document sharing tools, as well as investment…

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YCharts

YCharts is an investment research platform from the company of the same name in Chicago, that drives smarter investments and better client communications, serving a client base of more than 5,000 RIAs, financial planners, and asset managers who oversee more than $750 billion in assets.…

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Verity Equity Research Platform

Verity is a provider of research management software, data and analytics delivered through the eponymous platform to provide workflow, portfolio monitoring, and idea generation solutions to more than 350 institutional investors globally. The platform is the result of a strategic…

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BamSEC

BamSEC is a financial research tool designed to transform how the user can work with SEC filings and earnings transcripts.

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Bloomberg Terminal

Sitting 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…

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Koyfin

Koyfin is a financial data and analytics platform for researching stocks and understanding market trends, from the company of the same name in New York. Its data coverage includes stocks, ETFs, mutual funds, FX, bonds, economics, news, and Twitter so users can have a broad overview…

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Morningstar Advisor Workstation

Morningstar headquartered in Chicago offers the Morningstar Advisor Workstation, an investment portfolio management application.

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Tegus

Tegus is a company intelligence platform for key decision makers, supporting institutional investors, corporations, and consultancies through their database of primary and market information. Tegus is a research platform that streamlines access to public financials while helping…

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Refinitiv Eikon

Refinitiv Eikon is an open-technology solution for financial markets professionals, providing access to data, insights, and exclusive and news.

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Rainmaker Information

Rainmaker Information was founded in 1992 and is a provider of research and information about the Australian financial services industry. Rainmaker gathers and generates in-depth marketing intelligence that is supplemented with industry research, professional learning resources, data…

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DealPotential
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DealPotential is a platform that offers financial and fund data on non-public companies worldwide. The platform comes with insights and analytics that cater to the needs of both entrepreneurs and investors while DealPotential leverages technologies like algorithms, AI, machine learning,…

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Colleen.ai
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Colleen is an AI platform that generates insights out of real-estate financial data to enable a predictable and comprehensive bottom line. These insights support the property managers of multifamily buildings. The Colleen platform operates behind the scenes through an integration…

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Ziggma
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Ziggma is a portfolio management application that has been specifically designed to make investing easy. Using professional-grade tools and data the Ziggma Portfolio Manager helps investors stay on top of their portfolios and find the best opportunities based on their long term goals.…

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Q4 Surveillance

Q4 Surveillance is a service offering research from Q4's surveillance analysts, equipped with DTC settlement data to predict shareholder composition before public filings. The solution aims to give users a real-time assessment of who is driving stock price and why they are doing…

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FINSearches
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FIN Searches is a database, directory and analytics platform providing manager search leads and data from U.S. defined benefit, foundation and endowment funds, from Financial Investment News, a division of GRLM, LLC. Subscribers can discover leads, research industry, develop relationships…

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Criffy
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Criffy is an online platform designed to simplify and optimize cryptocurrency investment journey. Tailored for both newcomers and experienced crypto enthusiasts, the platform provides a centralized hub where users can discover opportunities for generating Annual Percentage Yield…

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Streamlined Finance

Streamlined Finance is a comprehensive financial research platform made for the personal investor. They provide a better way to do financial research: - Track financial markets - Realtime quarterly earnings - Analyze stocks & etfs - Gain macro economic insights - Build custom…

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Nav
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Nav (Nav Technologies headquartered in Draper, Utah) offers Business Credit Cards, that help users find the right business credit card to manage small business expenses, builds credit and earns rewards. Connecting business data to Nav allows users to compare business credit cards…

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Ideagen Audit Analytics

Audit Analytics, an Ideagen brand since the late 2021 acquisition, is a research provider of audit, regulatory, and disclosure intelligence, serving the serving the accounting, financial, insurance, legal, regulatory and academic communities. Their database catalog includes tools…

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Business Quant

Business Quant headquartered in Gurgaon provides their eponymous platform for granular financial data for U.S-based publicly listed companies. Their mission is to simplify investment research, with the goal of becoming a prominent research platform in the investing community.

Learn More About Financial Research Platforms

What are Financial Research Platforms?

Financial research platforms are software packages that assist in finding valuable information and insights in an ever-growing pandemonium of data. This type of information ranges from the common and easily accessible, such as the current yield on a 10-year Treasury note, to the obscure, like the average price-to-earnings of the consumer staples sector in Q2 2001, and much more. This data may be dispersed across multiple sources, including government databases, company records, exchange data, etc. Several pieces of information located in different databases or sources may need to be aggregated to get useful information. Financial research platforms help solve these problems by centralizing this data and providing tools to search and analyze it.

This centralization increases research speed and efficiency and the likelihood of finding winning strategies or insightful ideas. To the end of finding information, most platforms have basic search tools while some have smart search tools. Basic search tools act much like a search in a word processor, searching for exact or partial matches across a variety of documents and databases. Intelligent search tools use various search technologies and data-extraction technologies to help find information related to the query or data in non-standard formats. The platforms may also contain a variety of analytical tools to either replace or augment analyses from external programs.

A feature of note available in Finanical Research platforms is ESG Reporting and Analysis. Financial research platforms have evolved into indispensable tools for businesses aiming to enhance their ESG (Environmental, Social, and Governance) reporting and analysis. These platforms offer a diverse range of functionalities that can be tailored to meet individual business needs. One significant advantage lies in the access to a wealth of ESG data and insights on companies, covering areas such as environmental impact, social practices, and governance structure. Leveraging this data empowers businesses to make informed decisions, identify risks and opportunities, and align their operations with sustainable practices.

Moreover, these platforms often include ESG scoring and benchmarking capabilities, enabling businesses to assess their performance relative to industry peers and best practices. Streamlining ESG reporting and disclosure processes is another key feature, with tools providing templates aligned with industry standards and regulations. This functionality enhances transparency, ensures compliance, and facilitates effective communication of ESG efforts to stakeholders. Advanced ESG research and analysis tools, including AI-powered search and natural language processing, contribute to in-depth exploration of ESG-related news, reports, and documents, providing valuable insights for shaping ESG strategies.

Furthermore, financial research platforms seamlessly integrate ESG reporting and analysis functionalities into existing investment research workflows. This integration allows businesses to holistically evaluate investment opportunities by accessing ESG data alongside traditional financial data, ultimately mitigating risks, complying with regulations, and optimizing returns for clients.

Analysts and managers in investment firms, banks, hedge funds, and mutual funds are the predominant users of financial research platforms. If multiple analysts or managers use a platform as part of a team, the ability to share and distribute analyses may be an important functionality.

While financial research platforms provide data for making trading and investment decisions, it is still necessary to have a way to execute trades. Some financial research platforms, especially those aimed at larger institutions, will have the functionality to place and execute trades across various asset classes. Other platforms will not have this functionality, and a third-party online trading system will be necessary.

Financial Research Features

Most products in the Financial Research category have the following features:

  • Company fundamentals data
  • Industry and sector-level data
  • Company regulatory filing access
  • Independent analysis reports
  • Private company data
  • Global firm data
  • Mergers and acquisitions analysis
  • Supply chain data
  • Company credit ratings
  • Environmental, Social, and Governance (ESG) data
  • Asset filters and screeners
  • Financial news sources
  • Real-time alerts
  • Intelligent search functions
  • Customizable analysis tools
  • Mobile platforms

Financial Research Platforms Comparison

Data Sources: The heart of every financial research platform is the data it provides. While some firms may have proprietary data, much will be sourced from publicly available records and third-party sources. Investigate the databases and other sources of information to ensure you are getting the data you need and that it is accurate.

Asset Classes: Not every financial research platform covers every asset class. Some may specialize in providing public and private corporate fundamentals and regulatory filings, while others may focus exclusively on mutual and hedge fund performance. Make sure that your platform of choice covers the asset classes that you currently utilize or may utilize in the future.

News Source and Speed: A significant edge can come from getting newly announced information or breaking stories first. For that, you need accurate and fast news. Check what, if any, news sources are associated with your platform of choice. In particular, check how soon they provide critical information and how often they break key stories.

Collaborative Tools: If your organization has a team of analysts, then they may want to share analyses and ideas. Some financial research platforms have the built-in ability to share their work. Others may require the sending of files through a third party, and some may just not provide this functionality. Depending on the amount of collaboration within a team, built-in collaboration functionality can save a significant amount of time.

Start a Financial Research Platforms comparison here

Pricing Information

There is significant variation in the price for financial research platforms. Platforms targeted at individuals and small investment firms or with a narrower asset focus may provide some free services and cost around $50 per month per account. In contrast, platforms targeted at larger institutional investors can cost tens of thousands of dollars per user every year. Some vendors will offer free trials with limited features. Many vendors do not have set pricing, instead offering custom quotes.

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