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AlphaSense

Score9.6 out of 10

363 Reviews and Ratings

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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 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.

Categories & Use Cases

Media

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.
a single view of the industries, companies and themes within a fully-customizable dashboard, that can be tailored to fit any research process.
a purpose-built generative AI that offers insights from a premium content universe.

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Key Features

Learn about the best (and worst!) features AlphaSense has to offer, as determined by TrustRadius' reviewers.
Based on 363 ratings of AlphaSense's features
View all features

Top Performing Features

  • Search Tools

    The quality and effectiveness of tools to help locate specific and relevant information within the platform

    Category average: 8.4

  • Independent Research Access

    The ability to access third-party analyses, e.g., Morningstar reports

    Category average: 8

  • Industry-Specific Information

    The quality and completeness of industry-specific information, e.g., the progress or success of clinical trials in the pharmaceutical industry

    Category average: 8

Areas for Improvement

  • ESG Data

    The quality and completeness of data on Environmental, Social, and Governance practices

    Category average: 6.4

  • Credit Ratings Reports

    The quality and completeness of information on corporate credit ratings

    Category average: 6.5

  • Private Company Data

    The ability to access fundamentals, earnings, or other information for companies that are not publicly listed

    Category average: 6.2

Reviews

What users are saying about AlphaSense.
View all reviews

Good and credible research tool for AI driven insights

Incentivized
Harish KumarView profile
Associate Director in Marketing at EY (10,001+ employees employees)

Use Cases and Deployment Scope

I use AlphaSense to create earning call dashboard for healthcare sectors. I also use it for searching reports on specific topics/themes.

Pros

  • The Generative Grid is really good platform for generating insights using AI
  • The Helpdesk is very responsive and helpful
  • User interface is great

Cons

  • It would be great to see some Agentic AI capabilities in AlphaSense in future that can execute standard research tasks
  • There could be some ‘plug-in’ features to link it with Excel for quantitative analysis
  • If AlphaSense can start sending a dossier on sector trends that would be incredibly useful!

Return on Investment

  • Saves a lot of time doing secondary research
  • Good and useful feature to download reports/analysis
  • Credible source

Usability

Alternatives Considered

S&P Capital IQ, LSEG Eikon, Evaluate, Clarivate Biopharmaceutical and Healthcare & Medtech Learning Solutions

Other Software Used

S&P Capital IQ, PitchBook, Evaluate

AlphaSense easy to use tool helps us to stay on top of the competitive environment

Incentivized
Verified User
Director in Corporate (51-200 employees employees)

Use Cases and Deployment Scope

In my role I use AlphaSense for on-going monitoring of the competitive environment for the disease areas we focus on. The dashboards provide a quick and up-to-date view of the latest news from a plethora of sources that ensures most perspectives are covered. With the daily e-mails I am also reminded in a smooth way.

Pros

  • Source information from various types of sources
  • Easy set up of searches and monitoring alerts
  • Clear overview of what information is new

Cons

  • Management of dashboard in terms of marking information as read/not read
  • Adding possibility to tag information for internal dashboards
  • Availability of all information in just one subscription (no additional features as add-ons)

Return on Investment

  • Very deep insights in the evolving competitive landscape
  • Broad range of sources allows for a very complete picture of the areas we are assessing

Usability

Alternatives Considered

GlobalData and Cortellis

Other Software Used

GlobalData

AlphaSense Pros and Cons

Incentivized
Verified User
Analyst in Finance and Accounting (51-200 employees employees)

Use Cases and Deployment Scope

Private Company data. Narrow's a web search using key words/phrases. Access to research reports with the ability to only purchase relevant details

Pros

  • Narrow search
  • Document summary
  • Access to multiple data sources

Cons

  • Improved private company data and financials

Return on Investment

  • Efficiencies in accessing relevant research
  • broader content sources that are targeted

Usability

Alternatives Considered

PitchBook, FactSet and Gartner Peer Insights

Other Software Used

PitchBook, FactSet, Gartner Peer Insights

AlphaSense - the leading comp intelligence platform.

Incentivized
Verified User
C-Level Executive in Finance and Accounting (1-10 employees employees)

Use Cases and Deployment Scope

Use it as my command center to track a list of public and private companies.

Pros

  • News monitoring
  • Generative search
  • Agentic workflows

Cons

  • Private company financial information
  • Improving reporting

Return on Investment

  • Has streamlined my company monitoring with great, custom dashboards which enable me to focus on just the info I need.
  • Has dramatically increased the depth at which I can research and support my decisions.
  • Consistently allows me to uncover material, relevant pieces of information that are buried in reports.

Usability

Alternatives Considered

PitchBook and S&P Capital IQ

Other Software Used

PitchBook, S&P Capital IQ

AlphaSense A Good RMS For Investment Research

Incentivized
Tim BeyersView profile
Senior Analyst and Lead Advisor in Research & Development at The Motley Fool (201-500 employees employees)

Use Cases and Deployment Scope

AlphaSense is used by The Motley Fool's investing team as a research management system. We use the built-in AI to gather insights on conferences, quarterly earnings reports, and material news related to the companies under coverage. We also publish notes in the system to ensure everyone has the latest thinking from covering analysts.

Pros

  • AI summaries of earnings reports are helpful at a high level, but be wary of repetitive content.
  • AlphaSense handles images and screen captures pretty well, making research notes more useful.
  • Isolating content is pretty intuitive. Example: I can enter a ticker, and under the content options I can click for "transcripts only" so that I'm not endlessly scrolling to find the transcript I want.
  • Audio is embedded with most transcripts so it's easy to listen and follow along in the text, highlighting what I need for later reference.

Cons

  • The AI does a good job of handling one document at a time but often delivers ineffective results if searching for insights over a longer timeframe -- say, a trailing 12 month period.
  • There's no mechanism for uploading documents. (To be fair, AlphaSense has added a feature for *defining* the documents to which you want to limit your search, which is an improvement.)
  • There should be a mechanism to add comments inside my own notes. (Think about how you can add a comment to a sentence or paragraph in Word or Google Docs. Sometimes contextual notes are helpful.)

Return on Investment

  • I don't have a tangible number, but I can say that AlphaSense appears to have been good value as a research management tool. We probably would have spent at least as much as our annual subscription fees to build something a fraction as good.
  • AlphaSense AI has also been quite useful in that its highly targeted at a set of financial data that I need. The AI is far from perfect -- especially when evaluating a multi-quarter set of data -- but it tends to at least source data I wouldn't find on my own.

Usability

Other Software Used

Airtable, Notion, Slack

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