AlphaSense vs. Bloomberg Terminal

AlphaSense

342 Reviews and Ratings

Bloomberg Terminal

50 Reviews and Ratings

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
AlphaSense	Score9.7 out of 10	N/A	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…	N/A
Bloomberg Terminal	Score9 out of 10	N/A	Sitting on the desks of 325,000 of the world’s most influential decision makers, the Bloomberg Terminal is a modern icon of financial markets. Launched in 1981, long before PCs and the internet became ubiquitous, the Bloomberg Terminal connected market participants to data, analytics and information-delivery service.	N/A

Pricing

AlphaSense

Bloomberg Terminal

No answers on this topic

No answers on this topic

Pricing Offerings
AlphaSense	Bloomberg Terminal
Free Trial
Yes	No
Free/Freemium Version
No	No
Premium Consulting/Integration Services
No	No

No setup fee

No setup fee

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Community Pulse
Key User Insights
	AlphaSense	Bloomberg Terminal
Considered Both Products	AlphaSense Verified User Chose AlphaSense One integrated platform. Modern user interface, unlike Bloomberg Terminal. Incentivized Helpful? Baxter Gosch Investor Relations Senior Analyst in Finance and Accounting at Payoneer (Financial Services, 1001-5000 employees) Chose AlphaSense AlphaSense is simply the best software when it comes to finding information from publicly available documents and their access to sell-side research. While it has some room to go in terms of their access to financials, they've already made significant improvements and I'm … Incentivized Helpful? Verified User Chose AlphaSense Experts calls can help you to decide whether or not invest in a company. can give you insights on culture which is not easy to find in Annual reports. Tegus is much better in summarizing experts calls as well as give you a summary of experts calls called TOP INVESTORS QUESTIONS … Incentivized Helpful? Verified User Chose AlphaSense All of them are better than AlphaSense. However, Bloomberg is over twice as expensive, and people are just paying a premium for Chat (which I don't want). I have not used FactSet for over three years. When I last used it, I would say that it was slightly better than AlphaSense … Incentivized Helpful? Verified User Chose AlphaSense AlphaSense is a lot easier to use and I see it as a single purpose product whereas FactSet I'm more using to pull data Incentivized Helpful? Verified User Chose AlphaSense I use both for market index research but oftentimes I rely on AlphaSense for what's not in Bloomberg. Incentivized Helpful? Verified User Chose AlphaSense It's difficult to say as it has been several years since I used the above. Incentivized Helpful? Verified User Chose AlphaSense I have not used any other platform like AlphaSense. Incentivized Helpful? Verified User Chose AlphaSense Better team to onboard equity research. Incentivized Helpful? Verified User Chose AlphaSense AlphaSense makes it easy to get to the right info quickly. The coverage of industries and companies for broker research is much more than the other products. AlphaSense also includes detailed financial info for companies and its AI-based summaries are helpful. Incentivized Helpful? Verified User Chose AlphaSense Alphasense much easier to use than Bloomberg Transcripts - rate it much higher Incentivized Helpful? Verified User Chose AlphaSense AlphaSense's smart search functionality is a huge differentiator versus these peers, particularly its ability to easily search through broker research (versus just filings/transcripts). In addition, AlphaSense makes it much easier to review multiple documents at once, and the … Incentivized Helpful? Verified User Chose AlphaSense We use a combination of the above. As previously mentioned, CIQ and Bloomberg are better for market data (broker estimates, NAVPS data, etc.). The main difference is access to broker research and the excel plug in Incentivized Helpful? Aaron Koranek Senior Director in Professional Services at Huron Consulting (Financial Services, 1001-5000 employees) Chose AlphaSense AlphaSense is very differnet from other simlar tools I have used. However, it is very powerful for doing the things it is designed to do. Its search engine feature is among the best and most user friendly that I have used. Incentivized Helpful? Verified User Chose AlphaSense I use both. Both have pros and cons. Bloomberg has audio for calls, AlphaSense doesn't, but it's easier to search through documents. Incentivized Helpful? Verified User Chose AlphaSense 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 … Incentivized Helpful? Franco Herrera Vice President in Finance and Accounting at Wells Fargo (Banking, 10,001+ employees) Chose AlphaSense AI generated insights, keyword search engine are features not seen on other platforms Incentivized Helpful? Verified User Chose AlphaSense AlphaSense has the best search / smart search functions. Refinitiv has more equity research reports, but AlphaSense has more than FactSet or BBG. All 4 databases do a comparable job of providing financials. FactSet has an impressive feature that allows you to jump within … Incentivized Helpful? Verified User Chose AlphaSense I think it lacks valuation sections and comprehensiveness, but I think it's specific qualitative search capabilities are better. Incentivized Helpful? Verified User Chose AlphaSense I think for searching and finding specific data AlphaSense is a far superior platform to Capital IQ or even Bloomberg. That being said, I haven't heard of or used an excel plug-in provided by AlphaSense, so it is difficult to compare from that perspective because CIQ's primary … Incentivized Helpful? Verified User Chose AlphaSense AlphaSense seems to be on par with competitive landscape analysis and relevant drugs and companies Incentivized Helpful? Verified User Chose AlphaSense Different in lots of ways. Each vendor above has things that are unique. Bloomberg is a necessity for my role, but the AS like product they have (Docusearch) doesn’t compare. Alphasense is worth the money right after Bloomberg and Visible Alpha (which is significantly cheaper). … Incentivized Helpful? Verified User Chose AlphaSense If you have Bloomberg, the use case for AlphaSense is probably limited. If you don't have Bloomberg, AlphaSense can replace Capital IQ, and potentially BamSEC (though I still prefer that UI) and provide you with aggregation capabilities at a much lower cost (though obviously … Incentivized Helpful? Verified User Chose AlphaSense I have all 3 platforms, and each have their benefits. Incentivized Helpful? Verified User Chose AlphaSense Alpha Sense typically has more news information than CapIQ and Bloomberg. Also, I can find everything I need from the one homepage instead of using a bunch of different sources. Its also extremely easy to download documents and have them readily available compared to other … Incentivized Helpful?	Bloomberg No answer on this topic
	Would buy again
	No answers on this topic	No answers on this topic
	Delivers good value for the price
	No answers on this topic	No answers on this topic
	Happy with the feature set
	No answers on this topic	No answers on this topic
	Lived up to sales and marketing promises
	No answers on this topic	No answers on this topic
	Implementation went as expected
No answers on this topic	No answers on this topic

Features

AlphaSense

Bloomberg Terminal

Comparison of Financial Research features of AlphaSense and Bloomberg Terminal
Feature	AlphaSense 6.9 171 Ratings	Bloomberg Terminal - Ratings
Private Company Data	5.2141 Ratings	00 Ratings
Industry-Specific Information	7.4166 Ratings	00 Ratings
Independent Research Access	8.4160 Ratings	00 Ratings
M&A Analysis	5.7132 Ratings	00 Ratings
Supply Chain Data	6.691 Ratings	00 Ratings
ESG Data	6.088 Ratings	00 Ratings
Credit Ratings Reports	6.677 Ratings	00 Ratings
Macroeconomic News	7.7119 Ratings	00 Ratings
Search Tools	8.3158 Ratings	00 Ratings

User Ratings
	AlphaSense	Bloomberg Terminal
Likelihood to Recommend	9.7 (239 ratings)	10.0 (1 ratings)
Likelihood to Renew	8.7 (20 ratings)	- (0 ratings)
Usability	8.1 (235 ratings)	- (0 ratings)
Availability	9.0 (21 ratings)	- (0 ratings)
Performance	8.3 (21 ratings)	- (0 ratings)
Support Rating	8.7 (16 ratings)	- (0 ratings)
In-Person Training	9.1 (1 ratings)	- (0 ratings)
Online Training	6.4 (8 ratings)	- (0 ratings)
Implementation Rating	9.1 (5 ratings)	- (0 ratings)
Configurability	5.9 (5 ratings)	- (0 ratings)
Contract Terms and Pricing Model	9.1 (4 ratings)	- (0 ratings)
Ease of integration	8.2 (1 ratings)	- (0 ratings)
Product Scalability	6.6 (21 ratings)	- (0 ratings)
Professional Services	8.2 (2 ratings)	- (0 ratings)
Vendor post-sale	8.2 (5 ratings)	- (0 ratings)
Vendor pre-sale	8.2 (5 ratings)	- (0 ratings)