Benefits of Data

2. making official company data
more useful,
more usable,
more relevant

3. black-box proprietary data?
takes official company data
and obfuscates it

4. bad for official sources
bad for users
often adds little value
bad for data quality

5. 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 mechanisms
black 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

6. in a data-driven world we
need company data…
with provenance
with clarity
in a form that can be combined
with other data

7. 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

10. • 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?

11. • Official public notices
Critical company events
liquidation, dissolution, winding-up
orders, mergers, AGM’s etc
Signals
often precede changes in company
registers by up to 4 weeks
What?

12. • Structured, standardised,
categorised
Order to chaos
Discoverable, searchable, browsable
across multiple countries
Matched to OpenCorporates entities
What have we done?

13. • Linked with full line
of sight to
OpenCorporates
and the public
source
Do you know your customer?

14. • Structured
Classified
Searchable
Linked!
What do you really know?

15. 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