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AlphaSense vs. Tegus

AlphaSense is the industry leader in market intelligence and qualitative research for corporations and financial services. Since its inception over a decade ago, AlphaSense has been at the forefront of comprehensive market research solutions, helping professionals make better business decisions.

Today, AlphaSense leverages the power of artificial intelligence (AI) and natural language processing (NLP) to provide analysts and researchers with clear insight into companies, industries, and markets.

AlphaSense clients include respected leaders in every sector:

FAQs

AlphaSense vs. Tegus: Key Differences

Tegus is one of AlphaSense’s top competitors. In this guide, we will cover the key differences between the two platforms—from strengths and weaknesses to in-depth feature comparisons—as well as what and whom each tool works best for.

Notably, some clients utilize a more is more strategy, finding value in utilizing both AlphaSense and Tegus—as each offers a unique set of proprietary insights and capabilities that when combined, result in a highly effective and comprehensive business strategy.

AlphaSense

AlphaSense is a leading all-in-one market intelligence platform and smart search engine. It’s the ideal tool for research and business professionals—from analysts and financial researchers to corporate professionals—looking to implement a qualitative research strategy powered by proprietary AI technology and automation.

Financial professionals use AlphaSense to access 10,000+ premium sources of information, including trade journals, SEC filings, and company filings.

Moreover, AlphaSense provides access to broker research and an expert call library that facilitate deeper insight into companies and markets. These extra resources are accessible through two AlphaSense content sets:

Stream expert transcript library – 26,000+ transcripts of one-on-one calls with industry experts, customers, professionals, competitors, and former and current executives, available as an add-on to the AlphaSense package.
Wall Street Insights® – A collection of broker research from Wall Street’s leading firms, covering global sector themes, industries, and companies from 1,000+ sell-side and independent firms, available within the AlphaSense platform. The best part? Research professionals can preview the contents of a broker report, saving them wasted time and money on potentially fruitless research.

Unlike other research tools, AlphaSense incorporates smart search capabilities within its platform, empowering users to find everything needed for their research without manually toggling between multiple tabs. AlphaSense search also comes with added features like:

Smart Synonyms™

Smart Synonyms™ technology is an AI-supported feature that can recognize both the keywords and search intent behind a 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 (for example, “impact investing” vs. “ESG investing”) to pinpoint the exact information you need.

AI search functionality allows you to easily find the exact documents and snippets that are most relevant to your search, giving you back time and energy to spend on more high-level tasks, like analysis.

Sentiment Analysis

AlphaSense uses NLP in its sentiment analysis technology to identify differences in a text’s tone and subjective meaning. It then uses color coding to help readers identify the document’s positive, neutral, and negative sentiments.

The expert transcript library, Stream in AlphaSense, also allows you to quickly pick up on sentiment shifts in the expert interviews that go beyond surface-level commentary.

This award-winning 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.

Integrations and APIs

It’s now becoming industry standard for many market intelligence platforms to offer integration of internal content containing both structured and unstructured data, but it’s key that this content is indexed and immediately available. A market intelligence platform should also offer the ability to upload new external content sources (such as RSS or web content), so that you can leverage the platform’s analysis tools to pull relevant insights.

AlphaSense provides integration with commonly used programs like OneNote, Sharepoint, and Evernote, enabling streamlined collaboration with members across your organization and improving team productivity. It also allows you to search across all internal and external company content to find key insights, and the proprietary AI technology catches what other platforms miss in a secure and automated way.

Automated Monitoring

Instead of wasting hours manually monitoring, AlphaSense offers real-time alerts to keep users updated with trending topics, companies, and industries of interest. Users can also take snapshots of multiple companies frequently within the AlphaSense platform, staying in touch with the most critical insights, news, and market changes they need to know.

Exceptional User Experience

AlphaSense is built to fit into a user’s processes and workflow seamlessly. In addition to an intuitive user-friendly interface to display data and information, it allows professionals to export crucial data to their mobile devices or PCs. AlphaSense also boasts exceptional customer service—product specialists are readily available 24/7 to assist with putting together searches—which users find massively helpful in streamlining workflows.

Tegus

Tegus is a financial research company that offers critical financial insights to buy-side investors through their searchable platform. This company keeps over 40,000 searchable expert call transcripts in its database, including private and public companies.

Within the Tegus platform, users can search, annotate, analyze, and explore multiple research materials to gain insight into companies, current and former executives, employees, and consultants. Moreover, users can also request and source custom expert calls with industry experts.

Here are some features available on the Tegus platform:

Tegus Call Services

Users can access thousands of expert calls on the Tegus platform to acquire key insights into businesses, companies, and market sectors. Using custom-recruited experts from Google, LinkedIn, and other platforms, Tegus creates new and tailored expert calls and transcripts for users.

Customers can ask specific questions and receive insights from pre-qualified experts at an average fee of $325/hour. Tegus does due diligence to ensure that buy-side users speak to experts securely and review resulting transcripts for compliance.

Tegus For Experts

Tegus also enables industry experts and professionals to make an extra income by giving insights that may increase innovation, solve problems, improve decision-making, and generate new ideas. Pre-qualified experts can consult on Tegus at their chosen rates, which poses a lucrative incentive for their participation in the platform.

They can also build and join an expert network, engage with new companies, and explore new opportunities through Tegus on a secure platform.

BamSEC

The BamSEC platform on Tegus enables users to search across multiple companies and SEC filings. Customers can use these documents to perform due diligence on companies and explore performance metrics efficiently.

Using the tables on BamSEC, users can explore past filings, create models, and benchmark company performance, all in one place, without needing to pull up individual filings to manually track a company’s metrics.

Compliance

Tegus allows customers to search, explore, and detect potential compliance risks or violations. The platform uses over 40 compliance experts to ensure all calls meet SEC, FINRA, and EU regulations without creating conflicts of interest or other potential violations.

Using its internal compliance tools, users can manage company-specific protocols and their team’s Tegus activity in expert calls and resulting transcripts

AlphaSense vs. Tegus: Feature Comparison

Frequently Asked Questions

What are the key differences between AlphaSense and Tegus?

The main difference between AlphaSense and Tegus is the scope of content they provide. While AlphaSense is an all-in-one market intelligence and research solution that includes company documents, news and regulatory content, broker research, and expert call transcripts, Tegus is only an expert call transcript library.

AlphaSense offers expert call transcripts as both an add-on feature and as a standalone product, whereas Tegus offers them as its main product. Tegus lacks broker research, as well as the ability to add internal content, integrations, and varied content sources.

Why do companies choose AlphaSense for market intelligence?

AlphaSense’s extensive content universe provides access to the four key perspectives you need to make fully-informed business decisions and get the full scope of the market and your research.

These Four Perspectives are:

Expert – Interviews conducted by experienced buy-side analysts with pre-vetted industry experts with direct operator experience.
Analyst – Equity research published by financial analysts from leading Wall Street firms, focusing on national and global issues.
Company – Documents published by public and private companies, including SEC and company filings, earnings reports, presentations, transcripts, and ESG reports
Journalist – Content published in major news networks, trade journals, and government and NGO publications.

Besides an extensive library of expert calls and transcripts, Tegus has a massive shortage of perspective and information sources. Although plenty of buy-side market participants can find their expert calls informative, they may not have access to enough information to make decisions from Tegus.

For instance, when stacked up against AlphaSense on the four perspectives, here’s what Tegus lacks:

Analyst – Tegus does not have access to or use broker aftermarket research outside of expert calls and call transcripts
Company – Tegus only offers access to limited company documents, including some earning transcripts and SEC filings. It has no global filings or ESG reports.
Journalist – Tegus does not use or hold any trade journals limiting their market perspective.

Although Tegus claims to offer an end-to-end research process, their lack of integral content sets and perspectives poses a severe limitation. Moreover, search and filtering features on the Tegus platform lack the AI-based synonym recognition technology and sentiment analysis functions that are proprietary to AlphaSense.

For a true 360-degree view of markets, industries, companies, and businesses of interest, AlphaSense is the clear winner.

How do corporate development and/or competitive strategy teams use AlphaSense?

Wall Street research, once considered exclusive to the financial services industry, is now used by corporations to plan and execute smart market intelligence strategies that give them an edge over competitors. Similarly, expert call transcripts are now a fundamental asset for corporate strategists and competitive intelligence professionals conducting financial and strategic research.

Corporations use AlphaSense for:

Trend Tracking – Stay ahead of new emerging trends and take advantage of potential revenue opportunities.
Competitive Intelligence – Study and understand the competitive landscape and monitor specific competitor performance on demand.
Strategic Planning – Identify growth opportunities with insights from top analysts and industry experts.
Market Monitoring – Keep abreast of important news and updates that maintain your competitive advantage in the markets with insights from expert calls, broker research, news, and company documents.

How do IR teams use AlphaSense?

With economic volatility and uncertainty, the ability of IR teams to communicate precise and timely messaging aligned with their respective strategic narratives is critical.

With tools like sentiment analysis, Snippet Explorer (instantly showing the quarter-over-quarter history of keywords and KPIs), and Topic Modules (summarizing key trends from earnings at the company and industry level), earnings analysis becomes faster, more accurate, and more streamlined than ever before.

AlphaSense helps IR teams to:

Maintain Continuity – Easily access and scan previous earnings call transcripts and other company documents to maintain consistent narratives quarter over quarter.
Monitor Sentiment Shifts – Recognize significant sentiment changes when they occur and frame them in the most effective way to stakeholders.
Track Trends – Monitor market trends and understand how they impact your business.
Prepare for Presentations and Earnings Calls – Never miss an important insight and be prepared for every potential stakeholder question.

How do financial services firms use AlphaSense?

Financial services firms use AlphaSense to make investment decisions with speed, accuracy, and confidence.

With access to exclusive content sources (such as broker research and an expert call transcript library), institutional investors can gain deep insight on competitors and market trends—meaning they stay ahead of the pack when it comes to smart investment strategies.

Our clients range from hedge funds and asset management companies to private equity and venture capital firms. For these professionals, the more information the better, so our clients rely on AlphaSense’s extensive content universe to stay informed and maintain an edge.

High-value investment research applications include:

Equity Research – Use Smart Search and trend analysis to perform due diligence on startups and companies.
Venture Capital Auditing – Validate target companies using information collected from financial metrics across public and private competitors.
Asset Management – Analyzing earnings reports to identify critical company metrics.
Sell-side Research – Use sentiment shifts and monitor market events that may accelerate your company earnings.
Idea Generation – Use our proprietary expert transcript library to uncover differentiated expert insights you won’t find anywhere else

How do consultants use AlphaSense?

There is a reason 80% of the world’s consultancies trust AlphaSense. AI search technology combined with an extensive universe of private and public content enables consultants to access everything they need to offer better strategic services to their clients and develop their businesses.

Using the AlphaSense platform, consultants across industries can:

- Deliver high quality market research – Easily analyze 10 years worth of earnings transcripts and get the full picture faster with advanced AI capabilities.

Build deeper client relationships – Act as a confident thought leader with insights easily surfaced for you.

Achieve stronger proposal alignment – Get smart on a company’s strategy and performance faster with access to broker research, expert call transcripts, earnings transcripts, and more.
Discover the next great M&A opportunity – Get smart on companies and the market landscape quickly, so you can deliver the very best recommendations to your clients.

How much does Tegus cost?

According to Inex One, Tegus bases its subscription costs on the AUM value of a hedge fund. That averages about $20,000 to $25,000 for a user per year and about $375 to $500 per expert call on top of that fee. That makes Tegus one of the pricier options on the market, although it comes loaded with plenty of expert call transcripts for buy-side professionals.

How much does AlphaSense cost?

An AlphaSense user can access smarter features, a better user experience, and an extensive content universe at a more reasonable price. With Alphasense, you’ll either pay by the enterprise or per seat. Contact us for more information on pricing options.

What are some additional alternatives to Tegus?

Some of Tegus’s main competitors include Bloomberg Terminal, S&P Capital IQ, GLG, PitchBook, Refinitiv Eikon, Factset, and YCharts.

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Experience the AlphaSense Difference

Whether you are conducting financial research or building a market and competitive landscape, you want to be confident that you are detecting and discovering your research blindspots to ensure nothing slips through the cracks. That’s why it’s crucial to select a market intelligence and research platform that leverages an AI search engine to intuitively understand you business needs and surface the precise results you need to maximize ROI.

If you’re ready to level up your research and intelligence strategies, the AlphaSense team is here to help you get started.

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