AlphaSense vs Verity

Overview

AlphaSense

AlphaSense is a leading all-in-one market intelligence platform that helps research and business professionals—from analysts and financial researchers to corporate professionals— implement a qualitative research strategy powered by automation and proprietary AI search technology.

Consistently ranked as an industry leader by TrustRadius and G2, AlphaSense was also recently named one of Fortune’s Top 50 AI Innovators.

Here’s how AlphaSense helps you extract insights from both high-value internal and external content with the power of artificial intelligence—all in a single platform.

Extensive Out-of-the-Box Content Library

AlphaSense features an expansive content universe of external market intelligence and research that comprises over 10,000 public, private, premium, and proprietary data sources. Our platform is purpose-built to speed up your team’s access to information on all the relevant topics and companies driving your market.

Our external content sources include earnings transcripts, news wires, trade journals, and SEC and global filings. Within that, AlphaSense also gives users access to two proprietary and premium content offerings.

These offerings are:

• Wall Street Insights® – A collection of broker research, covering global sector themes, industries, and companies from 1,000+ sell-side and independent firms, available within the AlphaSense platform. Research professionals can even preview the contents of a broker report, saving them wasted time and money on potentially fruitless research.
• Expert Insights – 175,000+ expert transcripts from one-on-one calls with industry experts, professionals, competitors, customers, and former and current executives. You can also request bespoke 1:1 expert calls at affordable rates.

As of July 2024, AlphaSense has acquired expert network company Tegus, bringing unparalleled access to even more insights, and covering more industries and companies than ever before. Learn more about the combined offering at AlphaSense and Tegus.

Enterprise Intelligence

In addition to the external content sources listed above, AlphaSense’s Enterprise Intelligence solution allows you to upload and search through your own internal content. That includes:

• Internal research, notes, and presentations
• CIMs and investment memos
• Reports from industry and market intelligence providers
• Emails, newsletters, web pages, and RSS feeds

In this way, AlphaSense centralizes all your knowledge in one place—the internal and external—and allows you to leverage our industry-leading search, summarization, and monitoring tools to enhance and accelerate your research.

Our genAI capabilities deliver instant, accurate, and secure summarizations with the ability to ask follow-up questions across both your proprietary internal content and hundreds of millions of premium external documents.

AI Search & Summarization Technology

AlphaSense comes with the following industry-leading AI capabilities:

Generative Search

Our generative AI chat experience transforms how users can extract insights from hundreds of millions of premium content sources. Generative Search is trained to think like an analyst, so it understands the market research intent behind your natural language queries. Whenever you search for information, Generative Search helps you get up to speed on a company or topic by instantly getting you the answers you need. You can dig deeper into topics by asking follow-up questions or choosing a suggested query. Each answer will always provide citations to the exact snippet of text from where the information was sourced.

Smart Summaries

This feature allows you to glean instant earnings insights(reducing time spent on research during earnings season), quickly capture company outlook and bull/bear cases from analyst research, and generate an expert-approved SWOT analysis straight from former competitors, partners, and employees. All Summaries provide you with citations to the exact snippets of text from where the summaries are sourced—combining high accuracy with easy verification.

Smart Synonyms™

Smart Synonyms™, proprietary to AlphaSense, is a feature that uses AI technology to recognize both the keyword and search intent behind any query.

AlphaSense uses advanced algorithms to eliminate noise from your search (i.e., content with matching keywords but ultimately irrelevant to your search objective) and leverages variations in language to pinpoint the exact information you need.

Sentiment Analysis

Sentiment analysis, a natural language processing (NLP)-based feature, parses through content and identifies nuances in the tone and subjective meaning of text. It then uses color coding to help readers identify the document’s positive, negative, and neutral sentiments.

This technology assigns each search term a numerical sentiment change score to help users track any slight change in market sentiments across time. Users can take advantage of it to make better-informed investment decisions and improve their risk management strategies.

Relevancy Algorithm

AlphaSense’s advanced algorithm also eliminates noise (i.e., content with matching keywords but ultimately irrelevant to your specific search objective) and surfaces only the most relevant results. This algorithm saves you precious time and energy, allowing you to get straight to analysis and other high-level tasks.

Integration Capabilities

Customers can easily integrate content at enterprise scale through our Ingestion API or enterprise-grade connectors—like Microsoft 365/SharePoint, Box, Google Drive, S3, and more.

Our integration capabilities allow for more streamlined collaboration with members across your organization and improve overall team productivity. Our proprietary AI technology allows you to search across all internal and external company content to find crucial insights, catching what other platforms miss in a secure and automated way.

AlphaSense also offers content processing and content management. Content processing allows company recognition within user documents, while content management features support custom tags, metadata and folder structures to better search through internal content.

Monitoring, Analysis, and Collaboration Tools

AlphaSense is designed to help users find insights faster, and then effectively share those insights with teams and C-suite leadership. To do that, we offer several tools that extend beyond search and summarization to help users accelerate research tasks:

• Customizable Dashboardscreate a centralized information hub for monitoring key companies and themes, while tailored real-time alerts provide real-time updates.
• Smart Alerts monitor the most important themes, companies, and market updates with weekly, daily, or real-time alerts.
• Notebook+ and commenting featuresincrease collaboration and help teams manage and share insights more effectively. Notebook+also includes templates that streamline the process of creating deliverables, as well as folders for better content organization and retrieval.
• Table Tools allow you to streamline your quantitative analysis by enabling you to export modeled time-series data on company financials.
• Image Search allows you to discover insights buried in charts to quickly capture data without reading through pages of documents.
• Snippet Explorer allows you to effortlessly look at any topic or theme and all its historical mentions in a single view.
• Our Black-liningfeature allows you to automatically identify any QoQ changes in SEC filings
• Automated Monitoringallows you to set up real-time alerts that send instant updates on any relevant market movements, news, emerging trends, and competitor activities. We also generate snapshots of companies and topics regularly that keep you ahead of the curve with actionable insights.

AlphaSense Pros

• Extensive content database that spans key market perspectives, including broker research, expert calls, company documents, news & regulatory sites.
• Incorporates AI search technology, machine learning, and sentiment analysis
• Generative AI features, like Smart Summaries for earnings, expert calls, and broker reports
• GenAI tools can be applied to integrated internal content
• Automated and customizable alerts
• All-in-one research platform
• User-friendly interface
• Internal note-taking, sharing, and collaboration features
• Support for APIs and integrations
• Supports enterprise-level organizations and teams
• Enterprise-grade data production complying with global security standards: SOC2, ISO270001, FIPS 140-2, SAML 2.0
• Excellent customer support team, including 24/5 chat with product specialists, a Live Help button on the website, and regular live AlphaSense Education webinars

AlphaSense Cons

• Visualization tools are limited at this time
• Collaboration tools are limited to users with AlphaSense licenses

Verity

Verity is a leading provider of investment research and management software that enables investment managers and firms to extract data and intelligence that can accelerate winning investment decisions. This platform also provides users with data and analytics that help them improve their research workflows using three key solutions:

VerityData

VerityData provides access to a wide range of structured data, including financial reports, filings, and key performance indicators from publicly traded companies. This product aims to deliver high-quality, reliable financial data that investment professionals can use to make informed decisions.

VerityData offers:

• InFilings – A system that enables users to discover, search, and stay updated on public disclosures and exclusive data and analysis. With InFilings, users can access 10-K and10-Q filings, press releases, historical comparisons of documents, and visual portfolio tracking.
• InsiderScore– InsiderScore helps users generate ideas and make decisions faster from Verity’s proprietary data, analytics, and research. Users can monitor at-the-market offerings, management, and institutional ownership changes, stock buybacks, insider activity, and equity grants.
• Data Feeds and API– Users can take advantage of Verity’s data feeds and APIs to build better qualitative and analytical models.

VerityRMS

Also known as Verity Research Management System, the RMS is an AI-enhanced tool that helps users collaborate and make better decisions while giving portfolio managers, analysts, and compliance teams clearer, more efficient, and well-contextualized intelligence.

This system’s key features include:

• Centralized Research Repository– All external research and internal research that users already have access to are stored in this centralized, searchable repository.
• Generative AI– The system uses genAI to assist with tasks like summarizing research, autotagging key information, and automating certain manual tasks, resulting in increased efficiency and productivity.
• Collaboration Tools– The system integrates with Microsoft Teams, and also incorporates features for annotating, commenting, sharing, and collaborating with team members.
• Compliance Tracking– The system offers tools for managing compliance, such as activity monitoring, restricted list management, and automated reporting.
• Enterprise Search– The system enables users to find relevant information across a range of data types, such as structured and unstructured content.

VerityESG

This tool streamlines ESG and impact investing, helping users easily analyze ESG data and assess the sustainability performance of companies in their portfolio.

Key features include:

• ESG Data Integration – The tool provides access to ESG data and metrics from various companies.
• ESG Scoring and Analysis – The tool evaluates and scores companies based on their ESG performance.
• Reporting Tools – The tool generates ESG reports, helping firms comply with regulatory requirements and make informed investment decisions.
• Customizable ESG Metrics – Users can define and track their own ESG metrics, tailoring the analysis to their specific needs.

Verity is an ideal platform for investment managers looking for access to publicly available data sources. However, it may not be sufficient for professionals in search of a 360-degree overview of an industry or company. It lacks the critical voices of expert calls, broker reports, and other proprietary content sources. Additionally, Verity does not specialize in providing real-time market data, which is a limitation for users who need up-to-date market information.

Verity Pros

• Has access to public company filings, including 10-K/10-Q filings
• Offers access to behavioral analytics
• Has collaborative features and a user-friendly interface
• Has generative AI capabilities for increased productivity
• Has enterprise search capabilities, including the ability to upload internal documents
• Supports APIs and integration
• Supports updates and notifications
• Has AI and NLP search features

Verity Cons

• Verity’s generative AI capabilities are less robust and capable than many competitors’
• Lacks proprietary content sources like expert calls and broker research
• Lacks sentiment analysis capabilities
• Limited real-time data
• Limited customization options with certain tools