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AlphaSense vs Contify

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, Contify.

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 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 recognized by Forbes as a top 50 AI company in 2023.

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 repository 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 are:

These offerings 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+ 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.

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

Internal research, notes, and presentations
Reports from industry and market intelligence providers
Newsletters, web pages, and RSS feeds
Meeting and conference notes

This enables you to use the power of AlphaSense’s AI and generative AI technology to fill in gaps in your internal research and enhance the quality of your insights.

AI Search & Summarization Technology

AlphaSense comes with the following industry-leading AI capabilities:

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.

Generative AI

Unlike other consumer-grade generative AI (genAI) tools trained on publicly available data, AlphaSense takes an entirely different approach. Our industry-leading suite of generative AI tools is purpose-built to deliver business-grade insights and leans on 10+ years of AI tech development. 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.
Enterprise Intelligence – a first-of-its-kind offering that delivers AlphaSense’s AI-powered search and summarization capabilities to customers’ internal organizational knowledge.
AlphaSense Assistant (in beta) – a generative AI chat experience that transforms how users can extract insights from hundreds of millions of premium content sources.

Integration Capabilities

Even the best companies fall victim to silos. But forward-thinking organizations know to avoid this pitfall by leveraging the advanced collaborative tools found in modern market intelligence platforms.

Seamlessly Integrate with Other Tools

AlphaSense works with the apps and tools you already use to help you be more productive with less effort. Connect with integrations to Box, Sharepoint, OneNote, or leverage our API suite to securely upload your proprietary content.

APIs

API capabilities provided by your market intelligence platform allow you to build your own tools to get maximum ROI from the content sources you can now access. For example, AlphaSense offers the following APIs for users to leverage our proprietary technology and content across other parts of their strategies:

Alert Feed API: Real-time data feed based on saved searches & alerts.
Search API: Solution that provides real-time, programmatic access to AlphaSense search infrastructure to query and filter the database of documents from a third party domain.
Ingestion API: Integration, processing, and enrichment capabilities for internal or custom content sets.
AI API: Enrichment capabilities that enable company recognition, sentiment, themes and KPI services for 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 Dashboards create 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 features increase 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-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 universe 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
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

Contify

Contify is another distinctive player in the market and competitive intelligence space, leveraging a vast repository of unique customer insights and market research from over 500,000 sources. With Contify, professionals can track information on competitors, customers, and industry segments, as well as share actionable intelligence across their organizations.

Contify uses AI and NLP technologies to collect, curate and analyze company data from websites, job boards, social media, regulatory portals, and market research reports.

In terms of competitive intelligence, it can be used to track competitor business expansions, thought leadership, new innovations, technology, and operational and legal challenges. You can also use Contify to obtain market information, consumer insights, and track news across different time zones.

With Contify you can monitor recent trends, read case studies, and observe key market players to help move your business in a profitable direction. Contify gives users access to a massive range of insights related to market and competitive intelligence, including:

Regulatory changes
Emerging threats and opportunities,
Company and executive profiles
Current and future business priorities
Mergers and acquisitions analysis
Global and regional industry trends
Significant market changes
New technology and innovations

Some of Contify’s key features include:

Taxonomy builder for competitive intelligence
Intuitive dashboards
Curated news feed
Email alerts
Integrations with Slack, Salesforce, etc.
Website change tracker
Global news feed
User management and analytics
Sourcing manager
Smart translate

Users can collaborate and exchange knowledge using the News API, which enables teams and coworkers to collaborate more effectively and make better data-driven decisions.

Small and large businesses of all kinds can use Contify’s services. It is also well-suited for various market sectors, including consumer products, healthcare, technology, and finance. It is especially useful to businesses wanting to increase their market presence, roll out new products, or remain one step ahead of the competition.

Contify Pros:

Uses artificial intelligence and natural language processing to collect and analyze data
Real-time updates and customizable alerts
Provides a centralized platform for collaboration and knowledge sharing
Offers a user-friendly interface with easy-to-use features
Robust library of sources with intelligence on multiple functions, including regulations, innovations, M&A, Industry themes, and patents
Features smart translation feature for over 100+ languages

Contify Cons:

Some users have reported issues with data accuracy and customization options
Lacks access to broker research
Lacks sentiment analysis
No expert calls
No enterprise compatibility

AlphaSense clients include respected leaders in every sector:

Frequently Asked Questions

Why do companies choose AlphaSense for market intelligence?

Compared to Contify, 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 Contify lacks.

Contify lacks broker research or expert calls and does not provide access to many company documents. The platform also does not allow you to upload and search through internal content from your company.

Additionally, AlphaSense incorporates advanced AI search technology, sentiment analysis, and generative AI in its platform, enabling deeper, more accurate analysis in a fraction of the time. Contify does not offer any smart synonym, sentiment analysis, or generative AI capabilities, which could limit the quality, pace, and comprehensiveness of your research.

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 Contify cost?

Contify keeps a tight lid on its pricing plans, but offers a free trial to all new users.

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 Contify?

Some credible alternatives and top competitors to Contify are Crayon, Klue, and Kompyte.

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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 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 AlphaSense Intelligence today.

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