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STOP PRESS! 100 million
companies
making official company data
more useful, more usable, more relevant
black-box proprietary data?
takes official company data
and obfuscates it
bad for official sourcesbad for users
often adds little valuebad for data quality
problem cause
data accuracy data is re-keyed. few eyeballs. often little downside to lying
gaps in data high (& often duplicated) cost of data entry. limited to payers
lack of granularity legacy systems/data models hard to re-engineer in closed world
errors go uncorrected few feedback mechanismsblack box/no provenance
can’t reveal (sometimes dubious) sources. limits usefulness/trust
isolated proprietary IDs are internal identifiers & are barriers to sharing & improved data quality
example proprietary data quality issues
in a data-driven world we need company
data…with provenancewith clarityin a form that can be combined
with other data
Mission: every public company data item in the world matched to
the company•Legal Entities – the critical underpinning of the corporate world
•De-siloing data from official corporate registers, and other government data, especially regulatory
•Linking critical – and previously obscure datasets•Line of sight to primary data – transparency and trust
May 2016: 2 million standardised notices
(Alpha)
• Utility - or rather a lack of…
Gazettes predate the web Published in unstructured,
unclassified, digitally antagonistic formats…
undiscoverable, unsearchable, barely browsable let alone comparable!
Why?
• Official public notices Critical company eventsliquidation, dissolution, winding-up
orders, mergers, AGM’s etcSignalsoften precede changes in company
registers by up to 4 weeks
What?
• Structured, standardised, categorised
Order to chaosDiscoverable, searchable,
browsable across multiple countries
Matched to OpenCorporates entities
What have we done?
• Linked with full line of sight to OpenCorporates and the public source
Do you know your customer?
• StructuredClassifiedSearchableLinked!
What do you really know?
Innovative commercial model• ‘Dual licence’➡ Free: open company, entity
and gazettes search for everyone
➡ Paid: commercial use:‣ API, Bulk custom data
extracts and data feeds• Subscriptions
‣ monthly, annual, multi-year