For alternative data used for investment research, FinChat is notable for its all-in-one platform that combines institutional-grade financial data and analytics with conversational AI. It offers vetted financial data validated by human equity analysts, including financial statements, estimates and ratings from S&P Market Intelligence. FinChat also features advanced data visualization, DCF modeling, portfolio dashboards and AI-powered peer comparisons. It's geared for individual investors, companies and financial services firms.
Another strong contender is AltIndex, which scrapes and processes company information from the web. The service offers a free, easy-to-use dashboard for investors that combines its own data points like job postings, website traffic, customer satisfaction, app downloads and social media activity with financial and technical analysis. AltIndex also offers stock alerts and AI-generated stock picks, so it can be used to find investment ideas.
For AI-powered tools, StockInsights marries large language models with financial data to help with investment research. It offers real-time data and insights, which is good for monitoring portfolio companies, generating ideas and doing due diligence. StockInsights also offers APIs for use in quant models and financial apps, so it can be used by individual investors and equity analysts.
AlphaSense is another powerful service, using AI and natural language processing technology to search for information in a massive library of documents, including company filings, broker research and regulatory filings. The service cuts down on manual research time and offers real-time monitoring and tracking, which makes it useful for financial services firms, corporate strategy teams and consulting firms.