AlphaSense wins “Best Financial Research and Data Company” two years in a row

AlphaSense is honored to announce that we were named “Best Financial Research and Data Company” for the second straight year by the FinTech Breakthrough Awards. Receiving this award two years in a row is a testament to our commitment making AlphaSense the best AI-powered financial and market intelligence platform for our more than 1,500 clients.

With more than 3,850 entries from companies across the world, AlphaSense was selected following FinTech Breakthrough’s analysis of our groundbreaking search technology. As James Johnson, managing director at FinTech Breakthrough puts it, the AlphaSense platform allows users “to make data-driven decisions rapidly and accurately with access to thousands of premium business data sources – indexed, searchable, and all in one place.”

Our platform was recognized for leveraging AI and NLP technology within the search experience, suggesting content types, measuring sentiment analysis within multiple documents, surfacing key topics and themes from companies, and using AI to capture all variations of business and financial terms to ensure no key insight is missing. Our vast amount of sources, which has significantly grown in the past year, also played a role in winning this award. Since last winning the award, we’ve added major macroeconomic and federal content from the IMF, the USDA, the Office of Financial Research, the FBI, and the DoD among others, as well as major updates to our Life Sciences sources by adding content from clinicaltrials.gov as well as other departments such as the CDC, WHO, the NIH, and the US Department of Health and Human Services. This is in addition to our already robust collection of financial filings, earnings call and event transcripts, company documents, broker research, news, and trade journals in seconds, further bolstering the comprehensiveness of the depth of research and insights that can be gleaned from AlphaSense. 

We’re especially proud that our work in the last year has been noted and recognized. “Since being recognized with the FinTech Breakthrough Awards in 2020, we’ve introduced a variety of new features including KPI and theme extraction technology, enhanced collaboration functionality, significantly increased the amount of new content available in the platform, and continued investing heavily in our industry-leading AI & NLP technology, resulting in major updates to the platform, such as KPI and Theme Extraction, Company Topics, and Smart Content recommendations,” said Kiva Kolstein, CRO & President of AlphaSense. “Being recognized again by FinTech Breakthrough is an incredible honor and we are proud to once again receive this industry recognition.”

FinTech Breakthrough is an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today, and their awards program is a premier recognizer of FinTech innovators, leaders and visionaries from around the world.

We are proud to power thousands of the world’s leading organizations, including 37% of the S&P 500 and 70% of the top 50 hedge funds, who use AlphaSense to rapidly surface the critical information they need on companies, industries, and market-moving trends. 

If you’d like to see the power of AlphaSense for yourself, sign up for a free trial to quickly surface industry-specific insights across 100M+ documents, including earnings calls, company commentary, broker research, and more.

Welcome to the new way to search, AlphaSense X

Never has there been so much pressure to find critical insights, and leverage them to inform business or investment decisions. Whether you are focused on companies, or themes, the need to quickly discover insights is paramount.

This challenge continues to increase as more and more data is published on a daily, weekly, monthly, and yearly basis across disparate sources, making it more difficult to comb through the information. This also creates an issue of confidence – how can you be sure you went through every relevant source and aren’t missing any key pieces of information?

To address these challenges and empower our users’ search capabilities, AlphaSense will be making a series of upgrades to our platform, called AlphaSense X. These enhancements will leverage AI as a proactive force within the platform, making the discovery of critical insights faster and easier than ever before.

We released the first AlphaSense X upgrade earlier in Q1 with Company Topics, which provides a visual breakdown of the topics a company is discussing so you don’t need to search to know what’s impacting their business. 

Now, we are introducing a new search experience. 

We launched this new experience as a Beta feature in Q4 2020, and we are ready to release it to the public after collecting and incorporating hundreds of user feedback notes.

The New AlphaSense Search Experience

 

Gif displaying the new AlphaSense X Search experience

To arrive at this new search experience, the AlphaSense team took a step back and thought about the purpose of a search platform and settled on two key themes: 1) time; and 2) results.

Saving Users Search Time

With search time in their crosshairs, the team analyzed over 3.5 million examples of user search flows looking for parts of the search process that could be eliminated, reduced, or refined in order to save time. With the team’s analysis and user feedback, we identified two main areas for improvement:

  1. Content shortcuts: We observed that specific content sources were utilized in greater volume than others depending on the type of search. As a result, the new search experience includes ever-present content shortcuts designed to reduce the amount of clicks a given search takes.
  2. Document previews: Users were often clicking through several documents in the search results to identify the best fit for what they were looking for. As a result, we now provide document previews so users can quickly identify if a document serves their need without clicking through.

Leveraging AI to improve navigation

The team analyzed over 8 million read events that followed successful searches, looking for patterns between search parameters and documents read. 

They found some key trends and, with plenty of user feedback, have introduced two key upgrades to the AlphaSense platform:

  1. AI suggested content filters: Our AI technology now takes the search parameters users entered and suggests additional content filters to help narrow down searches for better, more specific results. This means different suggestions will be shown based on what the user is trying to find.
  2. Automatic result sorting: Results are now sorted based on the users search parameters to make sure sorting is optimized for the best results, and that users are exposed to the most relevant documents.

Using AlphaSense for an optimal search experience

Gif showing how to use the new AlphaSense X

How can you use the new search? We’ve identified several use cases where this new search will enhance the user experience:

    • If you are new to AlphaSense OR are researching a company or theme for the first time. Having our AI technology make content suggestions will help you quickly understand how to best narrow your search, and make the task of finding the ideal document and critical insights easier and faster.
    • If you are in exploratory mode OR researching a new topic around a company or theme. In this scenario, two of these new features will serve you best. First, our AI technology will make content suggestions based on your exact keywords, helping you uncover additional, relevant content types for your search, so you can find new insights and ideas. 
  • If you are searching for a more obscure company or topic. With the company proximity filter you can expand your search to ‘All Mentions.’ When searching a company and keywords, AlphaSense will return all primary documents that contain your keyword but also any document that contains your keyword in proximity to a mention of your company ensuring that you don’t miss any key insights.
  • If you have internal docs automatically syncing, take notes, annotate, and bookmark. AlphaSense is only as powerful as the content available to search within. For users who have internal docs integrated and syncing and/or have notes stored in the system, the quick content filter for ‘Integrations/Notes’ allows instant filtering to these sources only. And you can use the My Content filter to quickly filter to ‘only mine’ which are all integrations, notes, annotated or bookmarked documents that match your search criteria

We’re excited to see how you can make the most of this new search experience. If you’d like to know more about AlphaSense X, check out our AlphaSenseX webinar here. If you’ve never used AlphaSense before, we’d like to invite you to a free two-week trial so you can experience our powerful search platform for yourself. Sign up for your trial here.