Benzinga Pro alternative · quant scoring
Benzinga Pro is a real-time news terminal — fast for traders chasing headlines, less useful for systematic ranking. Framler is a Bayesian quant engine: 13 academic factor families, regime detection, conformal prediction intervals on every score.
One pipes news at you in real-time. The other ranks the data the news is talking about.
Benzinga Pro's value is real-time news + insider-trade alerts + squawk audio for active intraday traders. Framler's value is end-of-day quant scoring with academic factor weights and regime conditioning — different use case, different time horizon. We absorb news through the NLP factor (Loughran-McDonald 2011 dictionary on 10-K MD&A + earnings press releases) but don't compete on real-time.
Framler's scoring cron runs daily after US market close. Factors like PEAD (post-earnings drift), accruals, sector spillover, and BOCPD regime detection operate on multi-day windows where daily refresh is plenty. Benzinga is built for sub-minute reaction; Framler for systematic positioning.
Benzinga Pro Standard runs $197/month for the news + alerts feature set. Framler's full 13-factor engine, regime detection, conformal intervals, pattern library, and 1,000+ tickers are free during early access.
Indirectly — our NLP factor reads 10-K MD&A sections and earnings press releases through the Loughran-McDonald 2011 finance-domain sentiment dictionary, plus a real-time per-ticker headline sentiment cron. We don't expose the news flow directly; we use it as an input to the composite score.
Insider activity is built into Framler's composite as factor #6 (Seyhun 1998 academic-anchored insider scoring). It's not a real-time alert — it updates daily. For real-time intraday alerts on insider transactions, Benzinga Pro is more responsive.
Reproducibility. Every factor weight, regime threshold, conformal calibration constant is at /methodology + audited live at /coherence (9 structural invariants). Counter-AI positioning post-2026 fatigue: "we publish every formula" sells stronger than "we have proprietary AI".
Look up any of 1,000+ tickers and see the 13-factor composite, regime context, prediction interval, and pattern flags. Free during early access.