1. Home
  2. Financial Research Platforms
  3. AlphaSense Reviews
  4. User Review of AlphaSense
AlphaSense Provides Browsing Sixth Sense.
Updated October 03, 2023

AlphaSense Provides Browsing Sixth Sense.

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with AlphaSense

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.
  • Quicker search time.
  • Efficient data entry.
  • Added insight.
  • Broader content sources.
Very user-friendly search bar with great functions that enable you to search specifically for a word or broaden your search to various terms or bywords. It provides much better functionality than Google or Yahoo and enables users to broaden their content sources. It is a great tool for research purposes.
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.

Do you think AlphaSense delivers good value for the price?

Yes

Are you happy with AlphaSense's feature set?

Yes

Did AlphaSense live up to sales and marketing promises?

Yes

Did implementation of AlphaSense go as expected?

Yes

Would you buy AlphaSense again?

Yes

Great macroeconomic search functions and great browsing capability across large amounts of data and companies, both in the U.S. and internationally. Less appropriate for scientific issues or politics, I believe this platform targetting economic & public company-specific data and information. Great when you are looking for a term but cannot remember the exact definition or specific word used, as the search functions broaden it out.

AlphaSense Feature Ratings

Financial Research
6.2
Public Company Data
9
Private Company Data
2
Industry and Sector Research
8
Industry-Specific Information
8
Independent Research Access
8
M&A Analysis
3
Supply Chain Data
4
ESG Data
6
Credit Ratings Reports
3
Macroeconomic News
8
Search Tools
9

Using AlphaSense

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
Very useful and value added, cuts down the time to search for things, which in turns allows us to be more productive and make better use of our time. Would highly recommend this platform and its search engine for anyone in a research capacity, particularly in market-oriented positions or who deal with public companies.

Evaluating AlphaSense and Competitors

AlphaSense Implementation

AlphaSense Training

  • No Training
very helpful, helped us get off the ground and understand the platform better
Very easy to learn without training, user interface is very easy to navigate

Configuring AlphaSense

very configurable, depending on need
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

AlphaSense Support

Great support, live chat agents are there to support you when needed.
ProsCons
Quick Resolution
Good followup
Knowledgeable team
Problems get solved
Kept well informed
No escalation required
Immediate help available
Support understands my problem
Support cares about my success
Quick Initial Response
None
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.

Using AlphaSense

ProsCons
Like to use
Relatively simple
Easy to use
Technical support not required
Well integrated
Consistent
Quick to learn
Convenient
Familiar
None
  • Search
  • Browse
  • Download data
  • None
Yes - It works pretty well and support same features as the desktop version, although on a smaller screen

AlphaSense Reliability

Very easy to scale to multiple users, add seats etc.
Never had an unplanned outage or anything of the sort. The platform was always available to use when I needed it
Sometimes the platform was a bit slow and I had to wait for things to load, but overall it was fairly quick and reliable

Integrating AlphaSense

Relationship with AlphaSense

easy to communicate, we did calls regularly and had no issues
the vendor kept in touch, and we had a constant flow of communication
N/A
N/A

Upgrading AlphaSense

Yes - No unexpected impacts from new / updated release of Alphasense
  • smoother search process
  • faster browsing
  • Even faster browsing
  • More search functions