One of the best search tools out there!
October 30, 2023

One of the best search tools out there!

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

Overall Satisfaction with AlphaSense

I use AlphaSense primarily for broker research. I also use it to identify key themes, source data for specific queries, earnings summaries and industry news. We also use it to get historical financials of public companies.

Pros

  • Search - the keyword search tool is the best I've seen across various databases. Much more useful than Google due to the access to broker research. I use it quite frequently.
  • Downloading research by page / snipped instead of the entire report.
  • Very intuitive user interface. Best I've encountered across various databases.

Cons

  • Would love to see the financials & estimates screen with an option to view a more detailed financial picture - like the full income statement, balance sheet, and cash flow statement.
  • Would love to see more KPI tracking for companies in addition to financials.
  • Maybe have a legend for earnings call sentiment - it's not always clear how it defines the positive / negative sentiment.
  • efficiency/productivity gained in terms of search
  • found crucial data otherwise not easily found
Best usability across PitchBook, Bloomberg, Refinitiv, and CapIQ. Wish it had similar functionality as FactSet where we could directly pull info into spreadsheets using formulas as opposed to exporting static tables to Excel.
I really like AlphaSense but it's not a stop shop. For broker research / keyword search, its the best. But it doesn't have private company info, debt info, or the level industry metrics that PitchBook, Bloomberg, and CapIQ have. Additionally, it doesn't have financials at the level of detail that FactSet does - it doesn't replace any of the other tools apart from Refinitiv perhaps.

Do you think AlphaSense delivers good value for the price?

Not sure

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?

I wasn't involved with the implementation phase

Would you buy AlphaSense again?

Yes

Very suited for targeted financial research on public companies. Not very helpful in terms of idea generation / learning about a new field from scratch. It's very useful when you know the exact scope of your question versus when you want to just explore a topic / idea, at least in my experience.

AlphaSense Feature Ratings

Public Company Data
10
Industry and Sector Research
7
Industry-Specific Information
5
Independent Research Access
9
M&A Analysis
7
Supply Chain Data
2
ESG Data
Not Rated
Credit Ratings Reports
Not Rated
Macroeconomic News
Not Rated
Search Tools
10

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