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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 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…
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- No setup fee
For the latest information on pricing, visithttps://www.alpha-sense.com/pricing
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- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
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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
(1-2 of 2)Companies can't remove reviews or game the system. Here's why
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