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Great experience with AlphaSense
July 13, 2023

Great experience with AlphaSense

Kevin Foley | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with AlphaSense

I use AlphaSense on a daily/weekly basis for up to date news, but more importantly for 3rd party research on the competitive landscape. As part of Collins Aerospace's M&A team, I use the tool to find potential acquisition targets as well as understand how my competitors are acquiring and divesting within the global aerospace and defense market. From a CI perspective, I use AlphaSense to get source data (press releases, SEC filings, etc) as well as 3rd party perspectives.
  • One screen for all major information
  • Fast and complete access to data
  • Repeatable workflows
  • Make it easier to remove specific datasets from my results - there are 1-2 sources that are consistently useless
  • It would be interesting to be able to select several sections of different reports and have the tool produce a powerpoint deck
  • I'd like to select an analysis and automatically pull the prior 2-3 years of related data. If John Doe from XYZ Equity Bank said "ABC Co is great" I'd like to know what he said last year, and the year before and what changed.
  • Faster turnaround to develop acquisition target lists
  • Improved strategy by understanding competitive actions
  • Higher confidence in search results provided in less time
It's nice having most of the functionality summarized on the main page. Even when I don't know what I'm specifically looking for, generally it's 1-2 clicks away.
The data provided enables me to create a broader but more accurate competitive landscape. By picking up new companies, my team becomes aware of new challenges to our solutions.
  • S&P Capital IQ
AlphaSense provides a different solution from CapIQ, however by and large AlphaSense captures 90% of the value from CapIQ. If I'm looking for detailed SEC reporting information, I'll go straight to Edgar.

Do you think AlphaSense delivers good value for the price?

Yes

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

The tool enables users to quickly find competitive information and develop acquisition target lists. For less well structured searches, for example where I'm not 100% sure what I'm looking for, often the results are too broad but with a few iterations of removing sources and refining my search criteria, this is overcome.

AlphaSense Feature Ratings

Financial Research
7.5
Public Company Data
9
Private Company Data
4
Industry and Sector Research
9
Industry-Specific Information
9
Independent Research Access
7
M&A Analysis
8
Supply Chain Data
Not Rated
ESG Data
Not Rated
Credit Ratings Reports
Not Rated
Macroeconomic News
7
Search Tools
7

Using AlphaSense

10 - Corporate Strategy, business line strategy, M&A team
10 - Limited to no internal support required by my team to use AlphaSense
  • M&A
  • Competitive Intel
  • Global market research

AlphaSense Training

  • Online Training
Great training staff. Walked me thru the basics and helped me set up some quick workflows. They were very knowledgeable about the product and were able to provide immediate value.