AlphaSense is taking a bold step forward in the world of AI-powered market intelligence with its latest acquisition of Carousel. Announced at the AlphaSummit customer conference, this move aims to transform how analysts approach financial modeling by combining advanced AI tools and seamless Excel integration. Analysts and business professionals can expect an accelerated workflow and more insightful data analysis than ever before.
AlphaSense Expands AI-Powered Market Intelligence With Carousel
With the addition of Carousel, AlphaSense is expanding its leadership in generative AI for the financial sector. The acquisition allows AlphaSense to integrate Carousel’s dynamic modeling technology into its suite of generative AI tools. This unified platform now covers everything from documents to data and, crucially, dynamic financial models. The move marks a significant step toward empowering analysts to generate, update, and refine financial models at unprecedented speeds.
Seamless Excel Integration Enhances Analyst Workflow Automation
For years, Excel has been the primary tool for financial decision-making. However, manual model building has typically slowed down the process. Carousel streamlines these workflows by automating tasks such as data extraction, formula construction, and model explanation. Now, with seamless integration into AlphaSense’s end-to-end platform, analysts can:
- Build and refine models using natural language commands in Excel
- Ingest and utilize data from PDFs, CSVs, and multiple filing formats
- Receive clear formula explanations and model walkthroughs in plain language
- Deploy context-aware AI for scenario analysis and hypothesis testing directly in Excel
This means professionals spend less time on manual preparation and more time generating valuable strategic insights.
Unified AI Platform Delivers Faster, Deeper Financial Insights
The integration of Carousel’s technology into AlphaSense creates a unified vision for market intelligence. By harnessing both AlphaSense’s extensive premium content universe and Carousel’s AI-driven Excel tools, users can leverage:
- Faster decision-making with instant access to critical market data and company financial models
- Deeper insights through AI-powered analysis of research reports, earnings calls, and filings, all within Excel
- Simplified team collaboration, onboarding, and accuracy checks with transparent model documentation
This synergy offers unprecedented speed and accuracy, making it easier for financial analysts to deliver high-value analysis and drive strategic business actions.
In summary, AlphaSense’s acquisition of Carousel is set to reshape market intelligence and financial modeling. By embedding AI-driven modeling tools directly into Excel workflows, the company is empowering analysts to work smarter, act faster, and uncover deeper market insights. As AlphaSense continues to innovate, its commitment to seamless, AI-powered solutions positions it as a leader at the intersection of intelligence and action in the finance world.
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