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AlphaSense vs Verity

For over a decade, AlphaSense has been at the forefront of comprehensive market research solutions. Combining premium content sets with powerful artificial intelligence (AI) and natural language processing (NLP), AlphaSense is the industry leader in market intelligence for both corporations and financial services.

Here’s how AlphaSense compares with the market intelligence platform, Verity.

Trusted by the world's leading corporations

80%

of the top consultancies

80%

of the top asset management firms

largest pharmaceutical companies

85%

of the S&P 100

FAQs

Overview

AlphaSense

AlphaSense is a secure, end-to-end market intelligence platform powered by generative AI, intended for financial research and business professionals looking to increase research productivity through AI and automation.

Consistently ranked as an industry leader by TrustRadius and G2, AlphaSense was also recognized by Forbes as a top 50 AI company in 2023.

After our latest Series E funding round, AlphaSense is now valued at $2.5 billion, allowing us to continue expanding our enterprise solution and building on our generative AI capabilities.

Here’s how our platform enables you to extract key insights and answers from both high-value internal and external content with the power of artificial intelligence—all on a single platform:

Extensive Out-of-the-Box Content Library

AlphaSense allows you to combine valuable internal content and 10,000+ private, public, premium, and proprietary external data sources into one platform. We have purpose-built our platform to keep teams up to speed on the relevant topics and companies driving their market.

Our external content sources include trade journals, news, and SEC and global filings.. AlphaSense users also have access to two premium and proprietary content offerings.

These are:

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. Research professionals can even preview the contents of a broker report, saving them wasted time and money on potentially fruitless research.

Expert Insights – 40,000+ transcripts of one-on-one calls with industry experts, competitors, customers, professionals, and former and current executives, with the ability to conduct your own 1:1 expert calls for less.

In addition to these sources, you can upload and search through your own content. That includes:

Internal research, notes, and presentations
Investment memos and CIMs
Meeting and conference notes
Reports from industry and market intelligence providers
Newsletters, web pages, and RSS feeds
Email content
Excel documents

AI Search & Summarization Technology

Our industry-leading suite of generative AI tools is purpose-built to deliver business-grade insights. Our proprietary AlphaSense Large Language Model (ASLLM)—trained specifically on business and financial data—matches or beats the leading third-party LLMs over 90% of the time.

Our suite of tools currently includes:

Smart Summaries

This feature allows you to glean instant earnings insights (reducing time spent on research during earnings season), quickly capture company outlook, 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.

AlphaSense Assistant (in beta)

Assistant is a generative AI chat experience that transforms how users can extract insights from hundreds of millions of premium content sources. Whenever you search for information, Assistant is there to summarize key company events, emerging topics, and industry-wide viewpoints. You can dig deeper into topics by asking Assistant follow-up questions or choosing a suggested query.

Smart Synonyms™

This unique feature is proprietary to AlphaSense and has the capability to understand both the keyword and search intent behind any of your queries, factoring in search results that include variations in business language. For example, a search for TAM might also bring back results on market size.

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.

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 risk management strategies.

This feature can be instrumental in picking up on subtle sentiment shifts in expert interviews that go beyond expert-level commentary. But it can also be applied to company documents—such as earnings transcripts and company presentations—to gain much deeper insight into the perspective of an individual, company, or the market on a key topic.

Integration Capabilities

Through either an AlphaSense-managed solution in our secure cloud or a customer-managed solution in the cloud of your choice, customers can easily integrate content at enterprise scale through our Ingestion API or enterprise-grade connectors—like Microsoft 365/Sharepoint, Box, S3, and more. Enterprise Intelligence supports the upload and management of tens of millions of documents.

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

Lastly, AlphaSense offers content processing and content management. Content processing allows company recognition within user documents, while content management features support custom tags and folder structures to better index and organize internal content.

Monitoring, Analysis, and Collaboration Tools

AlphaSense is designed to help users find insights faster. In order to do that, we offer a number of tools that extend beyond search and summarization to help accelerate research workflows.

Customizable Dashboards create a centralized information hub for monitoring key companies and themes, while tailored real-time alerts provide real-time updates.
Powerful collaboration tools like Notebook+ and commenting features help teams manage and share insights more effectively.
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-lining feature allows you to automatically identify any QoQ changes in SEC filings
Automated Monitoring allows 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 the four key 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 and image search
Automated and customizable alerts
All-in-one research platform
User-friendly interface
Internal messaging 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 24/7 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 research management software that enables investment managers, firms, and businesses 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

This solution is Verity’s financial research platform that combines data, technology, and expert insights to provide businesses and investment firms with a competitive advantage in their chosen markets.

It offers:

InFilings – a system that enables users to discover, search, and stay updated on public disclosures and exclusive data and analysis. With InFilings, you can access 10-K/ 10-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. You can use it to 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.

VerityESG

This tool streamlines ESG and Impact investing, helping users easily capture ESG data from the platform.

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.

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
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
No enterprise search capabilities, including ability to upload internal documents

Frequently Asked Questions

Why do companies choose AlphaSense for market intelligence?

Compared to Verity, AlphaSense has a much more diverse and comprehensive universe of content, organized around the four key perspectives of research:

Company – Published reports from public and private and public companies, including SEC and company filings, financial reports, expert call transcripts, presentations, and ESG reports
Analyst – Equity research and market data from top Wall Street firms, covering global and regional markets, themes, and industries.
Expert – Interviews by top buy-side analysts and vetted industry experts with direct industry access and experience, including customers, former and current business partners, and past executives.
Journalist – Content published in major news cables, trade journals, and top government publications

AlphaSense also allows you to upload, index, and search through your own internal content on the platform, using smart search and generative AI capabilities—a feature Verity lacks.

Verity lacks broker research or expert calls, although it provides access to a multitude of company filings and other public documents.

Although Verity also offers AI capabilities in its RMS, AlphaSense’s AI search technology, sentiment analysis, and generative AI are significantly more advanced and robust. Thus, they enable deeper, more accurate analysis in a fraction of the time.

As such, Verity cannot support the same breadth and depth of market research that AlphaSense can, and the lack of robust AI capabilities can lead to knowledge gaps and blind spots.

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.

Corporations can maximize revenue potential through:

Strategic Planning – Identify growth opportunities with insight from top analysts.
Competitive Intelligence – Maintain a clear understanding of the competitive landscape and monitor specific competitor performance as needed.
Trend Tracking – Stay ahead of emerging trends to capitalize on revenue opportunities.
Market Monitoring – Confidently navigate market shifts by being the first to know of important news and updates.

How do IR teams use AlphaSense?

IR teams use AlphaSense to keep pace with industry demands, all while delivering exceptional reports to stakeholders and executives.

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.

“The time saved by using AlphaSense is enormous. It easily saves us several hours a week. Requested information can be prepared in a timely, precise and efficient manner. For our daily work, this is essential.”

— Michael Otto, Director of Investor Relations and Sustainability

How do financial services firms use AlphaSense?

Financial services firms can use AlphaSense to make accurate and timely investment decisions with confidence.

Access to exclusive content sources (like broker research and expert call transcripts) can give institutional investors deep insights into competitors and market trends, keeping them ahead of the pack when it comes to smart investment strategies.

Our clients range from asset management companies and hedge funds to venture capital firms and private equity. For these clients, more information is better, and they rely on AlphaSense’s extensive content universe to stay ahead.

High-value investment research applications include:

Asset Management – Pinpoint critical company metrics by analyzing earnings reports.
Alpha Generation – Find and capitalize on opportunities faster with AI.
Equity Research – Accelerate due diligence with Smart Search and trend analysis.
Venture Capital Auditing – Aggregate financial metrics across public and private competitors to validate target companies.
Sell-side Research – Accelerate earnings and company analysis by recognizing sentiment shifts and important market events earlier.

Related Reading: How Investment Teams Can Leverage Generative AI

How do consultants use AlphaSense?

Consultants use AlphaSense to access the insights they need to deliver smart strategic services, conduct deeper market research, and win more business. Using the AlphaSense platform, consultants across industries can:

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.
Deliver higher-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.
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 Verity cost?

Verity does not disclose its pricing plans, but it does offer licenses based on number of users, with an annual billing model.

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 Verity?

Some credible alternatives and top competitors to Verity are Pitchbook, GLG, Refinitiv Eikon, and Contify.

For more details on these platforms, and how they compare, check out the following pages:

AlphaSense vs PitchBook

PitchBook vs Crunchbase

PitchBook vs CB Insights

PitchBook Alternatives & Competitors

AlphaSense vs GLG

Tegus vs GLG

GLG Alternatives & Competitors

AlphaSense vs Contify

Experience the AlphaSense Difference

Ready to explore a massive content library that incorporates all the key research perspectives across a wide variety of industries? Curious to see how artificial intelligence and automation can elevate and accelerate your research and analysis process? Look no further than AlphaSense.

Regardless of your professional role, industry, or business goals, AlphaSense offers features that can help you make better financial and strategic decisions, while eliminating research blind spots.

Experience the power of AlphaSense for yourself.

Start your free trial of Enterprise Intelligence today Contact Us