That's kind of what I was thinking... do you have an insight as to why they're doing that? For mid-sized firms there's a lot of modeling around risks: possible demand issues, possible interest rate rises, comparison to competitors - I am skeptical that this can cover all of it.
For hobbyists, I don't think that most of them strictly want to go through all these fillings. You could likely deliver "dumber" results, providing just bullet points on what's particularly interesting about a specific ticker.
Just as a heads-up, I am not attacking your product, it's just that the financial industry is very broad and you have to be mindful about your target audience. I have simply seen quite a few products that are "LLM with dataset X" fail because they don't integrate nicely with preexisting workflows.
Most people use this tool as an alternative to the official SEC website since it also displays the original SEC document alongside the chat interface. So you can think of it as a complimentary tool to other financial tools (like Bloomberg terminal etc) as opposed to a replacement. The pricing also reflects this.
The advantage here is the ease of searching for a filing. It's more convenient than having to search the EDGAR database then upload the doc to Claude every time.
Yeah this is true. But the context windows for most of the frontier models have been increasing over time so this will most likely be solved soon. It's good enough to still get a decent amount of value.
This approach allows for better accuracy per response since the context is shorter and more precise. "Search and analyze" was the messaging but I get your point. Thanks !
