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AlphaSense is a versatile tool that has become indispensable for users across various industries. Leveraged for equity research, investor …
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.
AlphaSense Screenshots
AlphaSense Videos
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
(297)
Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Business Problems Solved
- Pros
- Cons
AlphaSense is a versatile tool that has become indispensable for users across various industries. Leveraged for equity research, investor relations, and market intelligence, the platform aids in sourcing ideas, conducting thorough research through SEC documents and expert calls, and maintaining comprehensive research notes. Users have benefited from time savings when delving into Market and Competitive Intelligence research, appreciating the ease with which information not easily accessible elsewhere can be discovered. AlphaSense's efficient document highlighting features, quick search capabilities spanning public documents, SEC filings, and analyst research, along with its ability to provide associated words beyond specific keyword searches, contribute significantly to streamlining market research processes and keeping users informed on industry developments.
Unique Database: Users have appreciated AlphaSense's unique database of expert network calls, enabling full-text search across SEC and non-SEC documents. This feature has significantly enhanced their research capabilities by providing access to a comprehensive range of information sources in one platform.
Valuable Sources and Search Functionality: Reviewers highlighted the availability and variety of valuable sources on AlphaSense, emphasizing its effective search functionality using keywords and filters. The diverse sources offer users rich insights into different industries, enhancing their research depth and breadth.
Smart Summaries and Document Highlighting: Customers praised the introduction of Smart Summaries for enhancing research speed. They also found the document highlighting capabilities to be superior, aiding in quick information identification. These features streamline the process of extracting key data points from extensive documents, saving users time during analysis.
Overwhelming Depth: Users have found AlphaSense overwhelming due to the depth of the product, suggesting that it requires significant training to master. They feel that navigating through the extensive features can be a challenge. Slow Search Function: Some users have experienced delays with the search function, impacting their overall user experience on the platform. This issue hampers efficiency and frustrates users trying to retrieve information quickly. Inaccurate AI-Generated Content: Users have reported issues with AI-generated content, specifically mentioning missing key points in earnings summaries and misleading sentiment scores. The unreliable nature of this feature undermines the trust users place in automated content analysis.
Attribute Ratings
Reviews
(1-5 of 5)Companies can't remove reviews or game the system. Here's why
February 22, 2024
Useful tool for bringing competitive intel together.
I use it mainly for competitive intelligence, keeping up with how our competitors are viewed by analysts, and developing market comps. I use the transcribed earnings calls and accompanying broker research to maintain our own internal assessments of our competitors. Most of this information is available elsewhere, but AlphaSense brings it all together into one searchable database.
- Broker research.
- Alerts
- The iPad app isn't the best experience.
54.54545454545454%
5.5
- Mainly efficiency.
I could get most of the same info from other sources, but it's since to bring it all together in one place.
I have used GlobalData before. It has better info on drug pipelines but didn't have as much broker research and was much more expensive.
1
1
- Competitive Intel.
- none
- If there were was way to create landscape assessments from the clinical trials tracking, that would be useful.
Yes
Global Data.
- Price
- Product Features
Much cheaper than GlobalData and had more broker research.
I wouldn't.
- Implemented in-house
No
Change management was minimal
- None
I did not, didn't feel it was needed.
No
There was a document that wasn't displaying correctly and they fixed in within an hour.
- Search
- some functionality doesn't exist for non-US companies
Yes
It's fine, but I don't use it often.
October 03, 2023
AlphaSense Provides Browsing Sixth Sense.
I used AlphaSense to support my work as an equity research associate. The platform and search algorithm were excellent and helped me browse through lots more content and data that I could have done on my own using Google, and more specifically, helped me locate or pinpoint exact details and/or data points within minutes, thanks to the amazing search function, which looks for similar words and bywords to what might be relevant in a search. The only small downside is not all PDF and powerpoint presentations stored on the platform are entirely legible, as their text and number conversion features sometimes cannot transcribe certain presentations perfectly, but I advised them that this was an issue when I was a user, and they were certainly receptive to my feedback and proceeded to correct it. I would absolutely recommend this platform to new users.
- Broad macroeconomic research.
- Specific company information.
- Economic and/or political trends.
- Presentation transcribing.
- PDF viewer.
61.81818181818181%
6.2
- Quicker search time.
- Efficient data entry.
- Added insight.
- Broader content sources.
The platform's unique functions helped us search for company-specific data, as well as outside sources who mention a company in their news or filings, which helped us find good mentions and references. The platform also provided valuable market intelligence by allowing a wide search that would provide us with a broader number of sources.
AlphaSense gives users the most pertinent information and allows for custom search of industry-level, macroeconomic, as well as company-specific data, which optimizes the research and information gathering process.
10
Equity research analysts and associates use the product for research purposes, whether it is to look up information on existing coverage or to find new ideas. It is also used to find macroeconomic and industry level data which can be used to develop industry thought pieces or reports on the state of a given industry.
2
You need to understand the platform's different search features and functions, which enable quicker, more efficient searches. This requires people who are detail-oriented and have some knowledge of the research process.
- Company-specific Research
- industry level research
- macro economic research
- finding new public companies in a sector
- quickly looking at live earnings transcripts
- expanding research coverage
- looking for new sources of industry level data
No
- Cloud Solutions
- Ease of Use
Would not do it again
- Implemented in-house
No
Change management was minimal
- None
- No Training
Very easy to learn without training, user interface is very easy to navigate
N/A
Some - we have done small customizations to the interface
you can customize the interface based on what is needed and what you care about as a user
No - we have not done any custom code
N/A
I did not. No need
Yes
Yes, often times the PDF documents of company powerpoint presentations were not transcribed well and contained typos / characters that were not legible.
Someone from customer support was able to immediately retrieve the correct version of a powerpoint file which I had flagged as having some issues / glitches, and it was reuploaded to the platform in very little time, making it easier for me to get correct data.
- Search
- Browse
- Download data
- None
Yes
It works pretty well and support same features as the desktop version, although on a smaller screen
N/A
N/A
N/A
N/A
N/A
N/A
Yes
No unexpected impacts from new / updated release of Alphasense
- smoother search process
- faster browsing
- Even faster browsing
- More search functions
No
No
I utilize AlphaSense to quickly and efficiently review publicly available documentation (call transcripts, SEC filings) as well as review Wall Street Analyst research. Their site navigation tools and overall interface are very helpful and easy to use. I also like their tools that help me find associated words that go beyond my specific keyword search.
- Searchability
- Organization
- User Interface
- Sentiment Gauges (Hot, Cold).
- Access to additional content.
75.71428571428571%
7.6
- Better competitive insights.
- Helpful to navigate a landscape/universe of opportunities.
- Helpful organization of call transcripts.
- Fast and efficient searches.
AlphaSense is very effective at helping us scour public sources for any competitive intelligence updates. We have a lead program that is at the front of the competitive landscape, but much other biopharma is creating follow-on products to compete with our agents. It's good to keep track of any new publicly available information on other emerging programs.
Nasdaq IR Insight is clunky, inefficient, and incredibly un-user friendly. Strongly dislike it.
3
My coworkers that use AlphaSense are in Commercial / Forecasting or in Investor Relations / Corporate Affairs
I'm not sure I understand the question... we don't direcly have an in-house representative who manages our AlphaSense account or serves as on-staff support. We're a small/medium-sized biotech. I believe I am the primary account holder for our company.
- Wall Street Research
- Public document searches
- Market intelligence
- Competitive Intelligence
- Macroeconomic news
- Sentiment analyzer
- Transcript review and intelligence
- Country-specific analysis
- Integrations and Notes
- Public document repository (i.e., organize key reports)
Yes
It's maybe not a direct alternative / comparator, but I review Bloomberg, Factset, CapIq, etc. These are all services I've used in the past. And while they have many different functions, they don't have the depth and rigor as a public document aggregator that AlphaSense does. So for AlphaSense's core competencies, I don't believe there's a better data service available.
- Scalability
- Ease of Use
Ease of use was very important to me. When you think of having to review large volumes of publicly available information quickly (e.g., the last 8 quarters of call transcripts), AlphaSense makes this very easy and digestible. And the accuracy of the search functionality is very important. Love how it finds related keywords and topics that further bolster the intelligence that I'm looking for. .
Not sure I would do anything differently. I am not aware of other services like AlphaSense, particularly those with such helpful data aggregation / intelligence. And other platforms that offer mass data aggregation and search aren't as sophisticated as the AlphaSense platform.
- Implemented in-house
No
- No issues - implementation was very seamless (at least from my vantage point)
- Online Training
I would suggest configuring the page much like an email / outlook page that's focused around search. At the top is a ribbon with sources that you can add/remove (+ other filter options), and the left side is a scroll option for exploring your dashboard (key companies/topics you follow, etc.).
No - we have not done any customization to the interface
No - we have not done any custom code
I did not, but I also didn't realize there was extensive customization available. I will look into this and explore additional ways to set up my platform for the greatest ease of use.
I did not purchase premium support. At least I don't believe that's part of my account subscription.
No
Yes. I am often asked about the details of our subscription package from my finance team. This is usually for budgeting purposes. I know I've pestered the AlphaSense team with questions about my account multiple times in the past. They always respond promptly and help me understand our subscription details. Otherwise, I have not had a specific support issue on the platform (at least not that I can recall). It's a very easy to use tool.
- Document search
- Sentiment analyzer
- Notes - not necessarily difficult, but a bit cluttered/crowded
I believe it was mostly overall cost and # of seats. But I don't totally remember.
No real advice. Access to a 24-7 helpdesk would be great, but realize we may not have that as part of our subscription.
April 14, 2023
AlphaSense review
I use AlphaSense to obtain an overview and analyst opinions on different companies across various countries and industries. I also use the AlphaSense platform to obtain press releases and other official information about a company. The typical requirements or use cases seek the latest analyst views about a company that is published by various equity research firms.
Market analyst reports are a premium feature that can provide detailed analysis of a company and its forecasted earnings. Some of these analyst reports also assess the state of an industry in general and how this industry or sector is likely to evolve over the coming years. The critical use case that AlphaSense addresses is the need for business intelligence for a company or industry.
Market analyst reports are a premium feature that can provide detailed analysis of a company and its forecasted earnings. Some of these analyst reports also assess the state of an industry in general and how this industry or sector is likely to evolve over the coming years. The critical use case that AlphaSense addresses is the need for business intelligence for a company or industry.
- sorting content by source such as press releases and analyst views
- highlighting keywords that are used for searching within the documents that appear in search results thereby preventing the need to go through the entire document
- directly exporting tables and graphs from the documents to excel
- quick filter by content source such as press release, research reports etc.
- company rankings for an industry sorted by metrics such as P/E ratio, revenues, market capitalization, etc.
- Displaying only the selected sectors and sub-sectors while filtering search results by industry
- Prominently display the download or export document options in the dashboard
- provide dedicated page or section to analyze a company's financial data such as quarterly or annual revenues
- reverting to default interface before any options were selected
60.90909090909091%
6.1
- knowing analyst views on a company
- identifying projected revenue forecast for a company
- expanded sources of content
- enhanced understanding of company and industry
AlphaSense helps to quickly obtain information from diverse sources in order to conduct a comprehensive analysis of any company or industry. Obtain analyst views about a company which in turn can be used to forecast the business strategies or focus areas for a company in the upcoming quarters or fiscal years.
Analyst reports provide enhanced perspective on a company and industry as well.
Analyst reports provide enhanced perspective on a company and industry as well.
AlphaSense provides a comprehensive view through a single platform about a company that not only includes company financial performance but also qualitative information such as analyst views about business strategy and revenue forecast based on company's likely strategy. The platform also provides content from other sources such as press releases which gives insights about various initiatives such as merger or acquisition that was undertaken by the company recently.
AlphaSense collates information from a variety of sources and helps users to quickly access the relevant areas in the content by highlighting search terms
AlphaSense collates information from a variety of sources and helps users to quickly access the relevant areas in the content by highlighting search terms
10
- extract relevant insights quickly
- act as a single platform to obtain content from different sources
- accessing analyst reports
- Industry analysis
- access analyst reports to infer a company's growth strategy areas
- understand growth trajectory of a company
- combine insights from analyst reports and the financial numbers to see if a company's strategy execution is working
- understand an industry in great detail
No
- Price
- Product Features
- Product Usability
- Prior Experience with the Product
Subscription pricing plays an important role in the procurement process
examine the feasibility of pricing and extent of regular analysis by using insights from the platform
- Don't know
- not applicable
- Online Training
nothing is required since we can use this product directly from browser
No - we have not done any customization to the interface
No - we have not done any custom code
not applicable
not required
No
quick response on addressing access issues
- search
- filter options
Yes, but I don't use it
- none
not applicable
- not needed
not aware
- File import/export
No
- not applicable
- not aware
No
No
December 19, 2022
AlphaSense, don't go to work without it!
I use AlphaSense to research topics pertinent to the project I am working on. During earnings prep, it's used to establish baselines and to research trends, topics of concern within the industry, and investor interests. AlphaSense is also helpful for surveillance on other biotech's positioning as well as what they may be saying about our company. The platform is heavily used as a monitor for recent news, filings, research, transcripts, and presentations which include topics we care about.
- Search
- Access to pertinent materials
- Broad number of sources
- Boolean search
- Finds relevant content quickly within a document
- Simple to use
- Copy and paste function from information found can be difficult
- Sentiment reader does not capture context very well
- Managing watch list can be confusing
- Invaluable for understanding the capital market environment and the impact of particular messaging.
- Deep competitive insights that boost confidence of management's strategic decisions
- We make more informed decisions utilizing the broad content sources
I use AlphaSense for daily monitoring of my company's competitive landscape, patent positioning, investor interests, and real-time news and research insights. The various types and a broad number of relevant sources make monitoring easier and faster. My team can understand and convey significant changes so that we react in a well-informed and complete manner.
AlphaSense has better search capabilities, is easier to understand, and the content is easier to read. Bloomberg's advantage is specifically capital markets oriented with their quote system and economic functionality. Even if I had a Bloomberg or Thomson Reuters, I'd use AlphaSense alongside. Thomson Reuters was a poor substitute and cumbersome for intelligence gathering.
1
Investor Relations and Media Relations
1
They have a strong understanding of search, Boolean search, and content sources.
- Investor Relations Research
- Communications messaging
- Competitive intelligence
- Patent monitoring
- Researching indication or mechanism of action
- Understand what competitors are saying about our company
- Patent monitoring
- Clinical search
- Industry competitive analysis
Yes
Yes, Alphasense replaced Thomson Reuters and Bloomberg.
- Price
- Product Features
- Product Usability
- Prior Experience with the Product
I used AlphaSense in my prior positions, which became invaluable to my workstream.
I would not change the evaluation and selection process. I have been quite happy with the variety of information provided by Alphasense.
- Implemented in-house
No
Change management was minimal
- There were no issues.
- Online Training
No
No - we have not done any customization to the interface
No - we have not done any custom code
No
We did not purchase premium support. I don't need it.
No
When I needed to set up watch lists and peer lists, the support team did it for me super quickly.
- Monitoring
- Informational search
- Curation of source content
- Sentiment indicators seem to be word oriented without context
- Timeframe button needs to be a user default instead of 12 months
- Watchlist button needs to be a different color than the search bar
Yes
It's more difficult than the desktop, so I tend not to use it.
None, I use AlphaSense in isolation.
No
- File import/export
None
12-month contract, quarterly billing, which worked well for my finance department.
No
No
- There has been no upgrades.
- Different color choice configurations
No
No