AlphaSense Pros and Cons
Private Company data. Narrow's a web search using key words/phrases. Access to research reports with the ability to only purchase relevant …
Overview
What is 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, trade journals, and equity…
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Popular Features
- Search Tools (130)9.292%
- Industry-Specific Information (135)7.777%
- Independent Research Access (130)7.676%
- Private Company Data (111)5.252%
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What is AlphaSense?
AlphaSense is a market intelligence and search platform used by companies and financial institutions. Since 2011, the technology has helped professionals make smarter business decisions by delivering insights from a universe of public and private content—including company filings, event transcripts, expert calls, news, trade journals, and equity research. The platform boasts users among over 4,000 enterprise customers, including a majority of the S&P 500.
Content and data types include:
10,000+ searchable data sets aggregating broker research, SEC filings, regulatory content, earnings & conference call transcripts, private company data, news, and 4,000+ trade journals
Wall Street Insights®, an exclusive collection of real-time and aftermarket research from global bulge-bracket brokers, as well as regional and boutique firms
Expert Insights' library of expert call transcripts between business operators and buy-side analysts
Users can also upload their own internal reports and data, making it indexable for internal users in the AlphaSense platform.
AlphaSense helps corporations track market forces and monitor competitors. For financial services firms, AlphaSense’s time-saving search capabilities help generate investment ideas and mitigate risk without the fear of missing critical information.
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AlphaSense: For Decisions That Matter
Salesforce Unlocks Competitive Insights with AlphaSense and Stream
Tech Mahindra Sifts Insights from Noise to Identify New Business Opportunities with AlphaSense
E2open Saves Hundreds of Hours Using AlphaSense
AlphaSense Competitors
AlphaSense Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | Apple iOS |
Frequently Asked Questions
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 India.
Reviewers rate Search Tools highest, with a score of 9.2.
The most common users of AlphaSense are from Enterprises (1,001+ employees).
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Reviews and Ratings
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Reviews
(1-25 of 209)Companies can't remove reviews or game the system. Here's why
April 19, 2024
AlphaSense Pros and Cons
Private Company data. Narrow's a web search using key words/phrases. Access to research reports with the ability to only purchase relevant details
- Narrow search
- Document summary
- Access to multiple data sources
- Improved private company data and financials
April 08, 2024
Huge AlphaSense fan!
I use AlphaSense to surface insights on companies and markets for my customers.
- Search
- Quick analysis
- Competitor monitoring
- Price is high
April 03, 2024
A strong tool for expert call insights!
I use AlphaSense as an integral part of my equity research process. This includes sourcing new ideas via screens and keyword alerts, researching ideas via reading SEC documents and expert insight calls, and maintaining research on existing ideas via the dashboard's alerts and organization of my notes on each situation and security.
- AlphaSense has a unique database of expert network calls
- AlphaSense allows a full text search across SEC and non-SEC documents
- AlphaSense allows you to use it as a central repository for notes on names
- AlphaSense isn't a full replacement for CapitalIQ or Bloomberg. It lacks all the fundamental data of those sources (i.e. historical revenue, earnings, cash flow)
- AlphaSense can be a bit overwhelming because there is so much depth to the product. It requires some training to master
- Sometimes the website can be a little slow to load when searching for things.
March 29, 2024
AlphaSense has been a fantastic tool for Market and Competitive Intel work in the Energy space.
I've used AlphaSense with the last two companies I've been with for different Market and Competitive Intelligence research. Particularly usefull when trying to find information on topics or companies that are not regularly available in other type of information services. It also works as a great time saver to sort through tons of information in a quick and practical manner.
- Availability/variatey of valuable sources
- Search functionality (keyworkds, filters)
- Ability to save dashboards and workflows
- Notebooks
- AI generated content
March 27, 2024
AlphaSense
AlphaSense helps me keep up to date on news flow and management appearances for my coverage and watchlists. The document highlighting tools are also better than most peers' offerings. The new Notebook feature is very useful for saving important information in a central repository that my team and I surface in the platform.
- New "Smart Summaries" are a useful new development to improve research speed
- Document highlighting capabilities are better than most peers
- Expert network interviews are fantastic to dive deep into a company
- Earnings summaries are AI generated and often miss key points
- Sentiment scores are often misleading or make mistakes (and aren't overly useful to my research process)
- the data / table stitcher struggles to provide "clean" data that is easy to consume in Excel
March 27, 2024
Love this product
AlphaSense gives us the ability to do many things -
1) quick and thorough research before client meetings, understand the client and recent activities
2) when writing our reports and client briefings, extracts from equity reports and financial calls
3) Word trends help us understand what is important in the industry
4) for industries we are not familiar with, finding a good report is worth 2 hours of googling.
1) quick and thorough research before client meetings, understand the client and recent activities
2) when writing our reports and client briefings, extracts from equity reports and financial calls
3) Word trends help us understand what is important in the industry
4) for industries we are not familiar with, finding a good report is worth 2 hours of googling.
- equity reports
- expert interviews
- key word trend
- financial report summaries
- When adding companies by industry, the AI should suggest similar companies
- Adding industries using the standard code in the system, e.g. "durables" is too broad and pointless
- Conglomerates are in many industries, it would be good to be able to select a particular division of a conglomerate
March 27, 2024
Investor Relations - AlphaSense Supporter
Score 8 out of 10
Vetted Review
Verified User
I am in the investor relations function. We use it for peer tracking, general eCommerce trends and industry benchmarking. I am a team of one so it is important for me to lean on it. There are many times where we need to pull merchant data or industry reports from the sell side and it is a great time saver
- Organization of Reports
- Simple
- Cutomer Service
- Building searches
- Missing REserach Analysts
- Non Transcript AI
March 26, 2024
AlphaSense Review
We use AlphaSense mainly for research purposes to stay on top of an industry or to learn about a new space quickly. The monitor functionality has been helpful in keeping up to speed on certain companies. Additionally, the advanced search functionality allows us to find answers to very specific questions by combining two or more keyword searches.
- Search
- Monitor
- Alerts
- Sources
- Quantative Data Exports
March 26, 2024
AlphaSense's excellent ROI
We use AlphaSense to produce highly complex market analysis, market trends and develop informed opinions on key vertical markets in the context of IT Infrastructure.
- Organization's Financial Background
- Peer Comparison
- News feed and news release compilation
- Analyst's reports
- Overall Market assessments
- Opportunity sizing
- Data-driven non-financial analysis
March 26, 2024
One stop shop for market intelligence!
Staying on top of company news and trends. Competitive analysis. Market commentary. Basically looking for a one-stop-shop for all the reading I need to do on a topic, and it saves me a bunch of time by providing access to all public and paid research on any topic I am interested in on any company.
- Key word searches
- Summarizing sentiment for a company
- Providing access to all documents, articles, etc. pertaining to a search
- conducting research, highlighting, taking notes
- listening in on expert commentary not readily available elsewhere
- Smart syllables are not too smart... often confuses intended meaning for something else
- Mail alerts are hard to read and digest... would prefer summary of finding versus presenting snippets
March 26, 2024
AlphaSense consolidated my effort from multiple platforms and dozens of browser tabs down to one window.
I use AlphaSense to stay on top of news and other information about the companies I cover and leverage historical information for specific projects I'm working on. I'm able to quickly dive into an analysis of specific topics or technologies that I'm investigating, whether for one company or across the industry. It is much easier than checking all the blogs, press releases, articles, and filings for each company, news, and industry source. The smart text search and highlighting features are a simple but huge productivity booster.
- aggregates all data and information sources
- search functionality is flexible and easy to use
- the search term highlighting feature makes it super easy to just jump to the relevant text
- a little more flexibility on the dashboard building
March 25, 2024
AlphaSense Review.
AlphaSense helps me quickly sift through (1) thousands of publicly available company information and (2) thousands of value-added third-party research. This helps our team gather differentiated data points about companies and industries.
- Boolean-based search, especially finding quantitative figures.
- Bring together all publicly available and 3rd party information to a single platform/view.
- Sort results by different factors (i.e date, score, etc.).
- Search always treats "and" as a boolean "AND".
- Certain broker reports (notably Citi) sometimes breaks the UI.
March 24, 2024
AlphaSense Pros with a little bit of Cons
As an analyst in banking, use it everyday. It is mission critical for me.
- Document tracking
- Similar tables
- Transcripts
- Data consolidation (similar to BamSEC)
- Private company filings/details
- Newsrun
March 24, 2024
CI Tool for Strategic Decision making
Use for market, customer and competitor intel on public companies
- Collates information
- Allows easy extraction of key data
- learns to refine searches
- Weak on private company information
- Sometimes provides less relevant alerts
March 08, 2024
Great but with room for improvement
I use it to run due diligence on companies in the space. Scope is rather broad.
- Highlight keywords in transcripts
- Comprehensive data sources
- Find obscure company documents
- Search hits for multiple keywords or phrases (google search seems to be more effective for these)
March 08, 2024
Alphasense review.
Alphasense always helps with identifying the closest information because it has the feature of applying the best and most relevant filters.
- Once I had to see the filings of Bargain Purchase cases, it helped me finding that.
- The other day I had to identify sale of a ROU asset under pro forma sections.
- There are instances where we have to search for words that are in combination. Like for example, the sale of ROU assets, Deloitte Auditor, and some other criteria, Alphasense, I think, can improve where the required criteria are multiple. Even if not, I think it's awesome.
March 07, 2024
AlphaSense Review 2024
While I leverage AlphaSense for various use cases, the two I will cover in the review are Competitive Intelligence and Market Analysis. Firstly, I leverage AlphaSense towards the end of every quarter to delve into our competition's earnings calls and fillings. The two features that have easily saved me 50% of the time are the table explorer, which looks at all previous documents and trends similar tables, and the generative AI earnings call summaries. Market Analysis is also a big use case for AlphaSense with its large collection of after-market research which can be leveraged. These can be related to specific organizations or markets as a whole.
- Great user interface
- Best search feature around
- Combining tables from multiple different financial documents
- Summarizing Earnings Calls
- Generative AI summaries will not load 5% of the time.
- Sometimes the option to calculate Q4 in the table explorer is not visible when it should be.
- Sometimes I will leverage the portfolio monitor and it will highlight a different company than I have selected.
March 05, 2024
A Work In Progress
We use AlphaSense to obtain access to competitor analysis and analyst reports, market sizing and potential and market trends.
Its use for us is limited, as all of these tools are, as we still have limited visibility to private players, but it is getting better all the time.
Its A.I. powered auto summary with positive and negative sentiment of earnings calls etc is a real time-saver.
Its use for us is limited, as all of these tools are, as we still have limited visibility to private players, but it is getting better all the time.
Its A.I. powered auto summary with positive and negative sentiment of earnings calls etc is a real time-saver.
- I. Sentiment summary
- Analyst report access
- Hints and Tips from the support team
- More rounded financial reviews
- Collaborate with companies like Buro Van Dyck etc to get more info on private companies
AlphaSense is a valuable tool for conducting secondary research for projects within our SoW. It helps in refining the search query, and its filters help analyzing search results, and extracting key insights more effectively. It narrows down the relevant information and makes it easier to gather. AlphaSense's most useful feature is its ability to extract not just the keyword but all relevant information from large volumes of data across analyst reports and public disclosures.
- Narrowing down search
- Useful analyst reports
- Single window availability of all information
- Ability to directly extract data into excel format
- I would like to see more analyst coverage. For example CITI reports are not part of AlphaSense as of now and those are pretty useful documents for my sector.
- Downloadable dashboard for large volumes of data.
- Custom research options for specific concerns
March 01, 2024
AlphaSense Review
I use AlphaSense to read sell side reports and analysis about industry trends and specific companies. I extract graphs from these reports and challenge my own personal analysis against theirs. I also use a lot of their sorting features to find the most relevant information in the most efficient way.
- Sorting by keyword
- User interface ease of use
- Timely Updates
- Keyword search sometimes has information not relevant
- Ability to save authors
- Folders for companies/industries
February 29, 2024
AlphaSense exceeds expectations in market intelligence capabilities
AlphaSense helps our team to stay on top of developments in our markets and with our competitors on a global basis. Everything is organized and intuitive with the site, helping to ensure we can access the information and gain the insights quickly and completely. Especially like the push notifications that bring the information to us each day.
- Great team that listens and helps us enhance our experience.
- Able to track competitors' content on a daily basis.
- Always improving the site to add capabilities.
- Especially like the KOL interviews.
- Continue to add Ai to the mix as it strengthens the ready access.
- Add more KOL interviews in medical device, especially eye care.
- Continue to enhance the intuitive nature of the site.
February 29, 2024
Consulting
Use it for research of client work, specifically when starting a new project or looking for unique insights
- research on key topics
- finding keywords in earnings reports
- getting up to speed on a company
- better information on private companies
- easier to manipulate sentiment data outputs
February 29, 2024
AlphaSense
I use it mainly for peer summaries by pulling transcripts, press releases, and presentations. It addresses a peer analysis and also for macro reporting looking at how different markets have performed. The peer summaries or smart summaries are very helpful in summarizing the Q&A sections of the transcript.
- summaries
- market research
- macro research
- leave more transcripts accessible from prior years
February 26, 2024
Love this product!
I use it to conduct both quantitative and qualitative secondary research on companies and markets. The search tool makes finding specific information and data MUCH easier and faster than through any other source.
- Search capabilities.
- Breadth of research sources.
- Expert interview transcripts.
- Downloadable data tables.
- Standardized view of specific data (segment-level financials over time, ownership breakdown, etc.).
February 26, 2024
Great product for public information!
I searched through public company records and analyst reports and gathered competitive information on companies of interest. It helps us reduce secondary research time, quickly identify relevant resources, and synthesize information.
- Analyst report collation.
- Keyword highlighting within documents.
- Competitive landscape snapshots.
- Takes a while to load.
- Lack of non-financial research reports; i.e., market reports.
- Lack of diversity in sources.