Great for financial analysis, not so much for technical analysis
July 13, 2023

Great for financial analysis, not so much for technical analysis

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

Overall Satisfaction with AlphaSense

I use AlphaSense for competitive research and keep track of current happenings in our industry. The product makes it easy for me to track multiple competitor news from multiple sources within a single platform that is AI based and smart enough to actually search more than what I ask for. Saves a ton of my time!

Pros

  • Smart summaries
  • Search for words that could mean the same as the search words
  • Patent filing news

Cons

  • Would be nice to have social media as news sources.
  • Have more technical analyst reports and not just limited to financial reports.
  • Email alerts could have a rating option to rate it's usefulness/accuracy
  • Saved a ton of time
  • Creating awareness of latest press releases that could be easily missed
  • More confidence in our research after cross checking with what other analysts say
I have used other platforms in the past but nothing compares to having as many user friendly features as AlphaSense does. Also AlphaSense platform gets regular new updates compared to other platforms and the AlpaSense team does a great job of providing us with demo of new features through follow up calls which are quick, brief and mindful of our time.
AlphaSense subscription provides users with a ton of reports from world's leading financial analysts and other credible sources. So the opinions of developments in our industry is not biased or from a single source. This is very crucial in our field of work since we cannot rely on a single source of trust but we also do not have time to use multiple platforms for different credible sources. AlphaSense fixes this issue for us.

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?

I wasn't involved with the selection/purchase process

Did implementation of AlphaSense go as expected?

Yes

Would you buy AlphaSense again?

Yes

AlphaSense is more appropriate for financial analyst and those involved in investments. It is less technical oriented. Having the Patent filing feature is handy to keep track of companies filing patents. I use it a lot for summaries by financial analysts after trade shows. The AlphaSense team does a great job of helping us understand the platform through regular follow up calls.

AlphaSense Feature Ratings

Financial Research
7.3
Public Company Data
10
Industry and Sector Research
9
Industry-Specific Information
8
Independent Research Access
4
M&A Analysis
Not Rated
Supply Chain Data
6
ESG Data
Not Rated
Credit Ratings Reports
Not Rated
Macroeconomic News
4
Search Tools
10

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