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…
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Google Gemini
Score 7.4 out of 10
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Google Gemini (formerly Bard) is an AI assistant, presented as a creative and helpful collaborator. Gemini for Workspace is available via two plans: a Gemini Enterprise add-on, and a Gemini Business add-on.
AlphaSense is very well suited to investing teams that need a research management system that has a robust database behind and rich content management features for note-taking. AlphaSense may not be well-suited to individual investors who want data access but don't need to be sharing notes to a wider team. The sharing features are what make AlphaSense most useful.
Google Gemini AI features a Deep Research feature that helped us conduct thorough product research. We wanted to minimize the costs incurred by using SSL certificates in our organization, but we lacked knowledge on the subject. Google Gemini Deep Research did a thorough analysis and suggested ways to cut costs by switching vendors and using DV-type and/or wildcard SSL certificates. We also use Google Gemini for assistance during software development. However, Google Gemini seems to have limitations when suggesting code snippets for the Microsoft ecosystem.
Deep research for getting first business research draft from Gemini, post which i use series of prompts to improve it and use my understanding to refine it further
Canvas to produce structured business topic research and newsletter. Direct edits to the sections and making client ready reports
Learning mode to get help on step by step automation of AI workflows
Currently the document database caps out at 10, requiring us to condense some of our policies
It's large context window is a blessing and a curse. Sometimes it stops generating half way through a very ambitious request as it delivers page after page of content
There is no way to share Gems currently, so we have to publish guides to our employees on how to best configure them
AlphaSense is a very useful tool and is reasonably priced for our organization. While I may not be a hyper-active user, it's a great resource when I need to quickly do a competitive landscape survey, review publicly available documents (transcripts, etc.), or review Wall Street research
For my daily work AlphaSense is inevitable, as it holds a real added value compared to most of the CI platforms. It really makes my work more efficient and contributes to better strategy and decision making in the company. Datalog is available up to 15 years, which is a real advantage compared to other CI platforms that can only start competitor monitoring following the signature of the agreement.
It is simple, has the same standard industry format, all the tools are accessible and recognizable. Whenever we are in the browser we can switch from one request to another while the first is still running. Little hallucination and the context window has no competitor on the market right now. The pricing is also the biggest advantage.
The availability of Alphasense is great. I have used the software for multiple years and cannot remember ever having an outage issue. This is surprising actually, as I use other software applications that do not have regular outages, but still have outages periodically. Alphasense, on the other hand, never seems to have any outages. Good sign if I can't remember the software not working :).
Loading or performing searches on AlphaSense platform is reasonably fast for most of the time. However, it is sometimes unacceptably long for me to load PDF files (earnings presentation, supplementary financial report) on AlphaSense. Certain features might also take very long time, such as loading for "similar tables" across EDGAR filings, or downloading tables from EDGAR filings
Customer support is very prompt. I get personalized support for search recommendations and content that I could not find in my own search. Support checks in with me on a bi-monthly basis to keep me informed of the many different feature additions, I cannot find a more kind, understanding, and supportive team.
The person was prepared, attentive, understood the nature of my questions, was willing to work through any difficulties or misunderstandings, was patient, and super pleasant to work with. Great customer service.
Trainers address the basics, and such training was meant for new users. Instructions are really helpful by providing scenarios that our team will face in our daily tasks. It will be more thoughtful if the training is conducted by case studies so as to allow new users to get first-hand experience during the training.
Compared to FactSet and PitchBook, AlphaSense is a good tool to fill my suite of financial analysis. PitchBook is superior for private company and transaction data, as well as screening for similar companies (the sourcing feature of the job). FactSet is superior for financial analysis for public companies, as well as charting data. AlphaSense is superior in research for documents and deep dive industry research (mostly qualitative) and grabbing data from financial documents
Gemini seems very simple to use, veyr similar to ChatGPT, I wish they did have a capability such as ChatGPT projects one, so one can separate topics easily, it's very customizable, where I believe it defeats the others is that, is already very simple to use all of Google ecosystem, such as Drive, docs, sheets and else
The sharing features provides by AlphaSense mean that it can be readily scaled for teams within an organization and, subject to compliance requirements, with client organizations. The ability to share annotations of transcripts and investor releases is valuable, and facilitates collaboration between analysts.
Research speed has now increased to a single day, allowing us to find everything we want about an industry, compared to 3-5 days before with Alphasense.
Comps analysis, gathering detailed financial information, is now seamless and can be completed in less than 1 hour, compared to 1-2 days.
Expert interview access, before Alphasense, we had no way of including this into our analysis. This has significantly improved the quality of our decisions and research.
