Item: AlphaSense
Rating: 7
Author: Verified User

Use Cases and Deployment Scope

AlphaSense helps me keep up to date on news flow and management appearances for my coverage and watchlists. The document highlighting tools are also better than most peers' offerings. The new Notebook feature is very useful for saving important information in a central repository that my team and I surface in the platform.

Pros and Cons

New "Smart Summaries" are a useful new development to improve research speed
Document highlighting capabilities are better than most peers
Expert network interviews are fantastic to dive deep into a company

Earnings summaries are AI generated and often miss key points
Sentiment scores are often misleading or make mistakes (and aren't overly useful to my research process)
the data / table stitcher struggles to provide "clean" data that is easy to consume in Excel

Return on Investment

AlphaSense improves the quality of my research by helping my team better answer specialized, industry-specific questions via the vast expert interview library.
AlphaSense helps me search topics across companies in a way none of my other tools currently allow.

Usability

It's clear AlphaSense has a vast library of data. Sometimes, though, I struggle to quickly find data or resources on the platform. For example, I often find it quicker to navigate to a company's own Investor Relations page when searching for a specific earnings press release or slide presentation. I sometimes find the current somewhat UI difficult to use and surprisingly click-heavy, especially when searching for a specific document.

AlphaSense Market Intelligence

It has been impactful in better understanding specific companies I'm researching. I'm able to find some documents and news articles that I couldn't find elsewhere and it helps me keep up to date on all the newest headlines for my coverage. The expert library is a huge plus by providing first-party descriptions of the companies I'm researching

Alternatives Considered

Tegus, FactSet and S&P Capital IQ

AlphaSense is one tool I have in my analyst toolbox that helps me dive deep into the research process. It isn't the first place I go when I begin the research process, but it's one area where I spend more time the deeper I get into the process.

Key Insights

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?

Yes

Did implementation of AlphaSense go as expected?

Yes

Would you buy AlphaSense again?

Yes

Likelihood to Recommend

AlphaSense is fantastic when performing deep research on a topic, as the expert interviews and depth of information available are impressive. AlphaSense is a great complement to my research process, however, I don't think I could replace any tools with AlphaSense. Also, while the volume of information is vast, it can be very easy to get lost in the "noise" of news flow.

AlphaSense

Overall Satisfaction with AlphaSense