AlphaSense vs. Factiva

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.

Incentivized

Factiva is particularly useful when I work on securities litigations involving shareholder lawsuits -- i.e. shareholders who bought and sold shares during a specified class period when the company was misrepresenting, for example, its financials. Specifically Factiva is quite useful in helping me understand what company events were known by the market and when they were known. Factiva has also been useful in helping me on various research studies. It is less relevant for other types of litigation that I work on (i.e. Patent litigation, etc).

Incentivized

• Summarizing information across multiple company documents via their new Generative Grid tool.
• Aggregating the latest insights from diverse sources - broker research, expert insights, company documents, and news.
• Providing a repeatable way to query information.
• Smart keywords to help you search, e.g., car = auto = automotive.

Incentivized

• Putting broad swaths of news in one place
• Organizing information
• Constant updates

Incentivized

• The whole platform should be much faster with less lag.
• The layout of the document search isn't great. Often, I find it hard to expand sources or dates.
• Financials sections should be customisible, i.e. bolden certain ratios, remove others etc.
• "Error loading documents, please refresh the widget" should be seen fewer times than often.
• Why can't I export events dates to my Outlook calendar?

Incentivized

• Lengthy setup for searches
• Repeated articles appear frequently
• Unannounced interface changes were unpleasant surprises

Incentivized

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

Incentivized

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.

Incentivized

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 :).

Incentivized

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

Incentivized

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.

Incentivized

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.

Incentivized

seamless integration

Incentivized

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

Incentivized

Each of the tools I have described share the same kind of premise: the main thing they do is source and collect media content. Then to varying degrees they run filters against this content and produce a range of data visualisations and ways of slicing the data and content. Factiva's strength lies more in the sourcing of content than in the manipulation of the results (much like the others do with more sophisticated dashboards and visual interpretations). We chose it because of the integrity of its sourcing breadth. It doesn't matter so much about the display of results because the source material you're working with isn't as dynamic as say social media.

Incentivized

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.

Incentivized

• 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.

Incentivized