Check out our list of free Financial Research Software. Products featured on this list are the ones that offer a free trial version. As with most free versions, there are limitations, typically time or features.
If you'd like to see more products and to evaluate additional feature options, compare all Financial Research Software to ensure you get the right product.
AlphaSense is a revolutionary AI-powered search engine for market intelligence used by financial firms and corporations across industries and geographies. With more than 2,000 enterprise clients - including 70% of the world's largest investment firms and 50% of the S&P 100 - our mission is to enable knowledge professionals to acquire critical business insights and data with speed and conviction. AlphaSense’s search technology leverages AI and natural language processing to parse topics, co
HiddenLevers is a risk technology platform providing next-level applications for the wealth management space. With over $500 billion in assets on our platform, HiddenLevers offers client-facing and home office solutions aimed at executives, financial advisors, asset managers, and portfolio managers. The cloud-based platform includes a cutting-edge macro-scenario library portfolio stress testing, model construction, investment proposal generation, and enterprise risk and revenue monitoring.
Founded in 2007 and acquired by Morningstar in 2016, PitchBook provides comprehensive data on the private and public markets to help business professionals discover and execute top opportunities. PitchBook’s data and analysis is available through our award-winning software, the PitchBook Platform, as well as our suite of integrated tools, industry news and in-depth reports. With offices in Seattle, San Francisco, New York and London, PitchBook serves more than 18,000 clients globally. What yo
YCharts is an investment research platform that enables smarter investments and better client communications, serving a client base of more than 5,000 RIAs, financial planners, and asset managers who oversee more than $750 billion in assets. YCharts helps investing professionals easily demonstrate their value to clients and prospects with tools that enhance client engagements and simplify often complex financial topics using visuals. A leading financial research platform, YCharts offers compreh
Sentieo organizes the world’s financial information to make you and your team more productive in your fundamental research workflow. As former hedge fund analysts, we understand the challenge of facing a deluge of data each and every day, so we built Sentieo to make you more effective. We process millions of documents to deliver crucial information in seconds with advanced linguistic search algorithms. Organize and centralize your research processes with our notebook and research management syst
FactSet (NYSE:FDS | NASDAQ:FDS) delivers superior content, analytics, and flexible technology to help more than 122,000 users see and seize opportunity sooner. We give investment professionals the edge to outperform with informed insights, workflow solutions across the portfolio lifecycle, and industry-leading support from dedicated specialists. We're proud to have been recognized with multiple awards for our analytical and data-driven solutions and repeatedly ranked as one of Fortune's 100 Best
Q4 Desktop is a fully integrated investor relations platform that combines your CRM with advanced markets intelligence tools to simplify and streamline the entire investor relations workflow. Q4 Desktop includes activity logging and pipeline solutions, intuitive contact-level targeting, time-saving report building functionality, itinerary building, roadshow planning tools, database of validated financial data, as well as actionable intelligence including trading analytics, relative performance,
Personalized wealth optimization service built for self-guided, socially responsible investors and money managers. We help investors of all levels and skills to achieve their personal financial goals by combining currently evolving financial engineering innovations, solid portfolio theories, robust optimization framework, and a very affordable digital investment advisory service.
Financial research software is vital for investment sector professionals that need to access up-to-date financial market information. They use products in this category to carry out in-depth research and analysis to make informed investment decisions. Financial services professionals use financial research software to conduct research to fuel strategic decisions, carry out analysis on potential mergers and acquisitions, and stay informed on market movements. Many financial research platforms are now AI-enabled, which augments their ability to conduct detailed analysis of potential investments to improve decision-making.
Key Benefits of Financial Research Software
Financial research software is extremely useful for investment professionals looking to obtain a solid understanding of potential investments.
Research potential investments — One of the main uses for financial research software is diving into potential investments. Investors use these platforms to stay updated on company news and examine the details of specific earnings calls, market moves, and more.
Stay current on market news — Staying current in the financial services world is vital to success, and financial research platforms make this possible. Financial research software gathers market data and news from various sources and compiles it into a searchable format, allowing users to digest relevant news items and craft narratives that support their investment choices.
Craft comprehensive financial strategy — In addition to driving investment choices in individual companies, financial research software helps investors develop comprehensive investment strategies across industries. This may include identifying potential mergers and acquisitions, opportunities, and pitfalls across various industries.
Financial services professionals, specifically investment advisors and fund managers, use financial research software most often. Business and market analysts will also use the software to predict trends and create compelling content based on accurate market data.
Investment advisors — Investment advisors are the most avid users of financial research software. They rely on these applications to fuel their decision-making, basing their investments on a sound base of information and reasonable assumptions made from historical data patterns they observe.
Analysts — Industry analysts use financial research software to conduct detailed trend analysis on the environment within certain sectors. The segmenting and reporting capabilities that financial research software provides allow analysts to write accurate predictions and analyze trends.
Consultants — Consultants leverage the insights gleaned from financial research software to give their clients comprehensive, data-grounded recommendations. These recommendations can include everything from investment advice to merger and acquisition strategy. The comprehensive information provided by financial research platforms can be used as a solid starting point for research into specific companies’ readiness for acquisition or to accrue information on potential acquisitions to consider. Analysis of the financial health of a company, rumors about potential company moves, product pipeline, and more, can all be of great value when making important decisions regarding who to acquire.
Financial research software often includes, but is not limited to, the following features:
Real-time alerts — Users receive real-time notifications based on keyword alerts the user inputs. This can be used to track a multitude of updates on many types of information, from regulatory actions to stock screening.
Document comparison — Documents are shared and compared with old versions, highlighting changes. This feature is useful for quick analysis on updated documents.
Team collaboration — This functionality allows teammates to engage in document sharing, note taking, annotations, and highlighting directly within relevant documents.
Financial data — It’s important for users to have direct access to financial data of multiple types, including: earnings call transcripts, SEC and global filings, broker research, etc.
Data comparison — Users can use this feature to compare different types of data in multiple fields.
Analytics — Some solutions include predictive analytical tools, which digest historical data and make informed predictions about future movements.
Integrations — Many users have other software. These solutions integrate with other financial services software.
Data visualization — This software often contains tools that create visual representations of data gathered by the system.
Reporting — Users can access prebuilt reporting templates, which craft reports according to user input. Investors can use these reports to help build out strategy based on historical data.
Data newness — A key component of financial research software is the inclusion of updated market news and information. Investment decisions are made in real time, and any delay in information acquisition could lead to a poor investment choice. It is imperative that the data sources and the means by which the data is gathered work without issue.
Overabundance of data — The more data there is, the more difficult it is to make sense of. Financial research software provides access to so much information that it may be difficult to parse and extract relevant information. Users should be wary of getting lost in the sheer volume of information available and leverage the increasing number of financial research tools that are good at slicing relevant news to help users make sense of those large amounts of data.