Corporate transparency

http://www.datalog.co.uk
Corporate Transparency
Find out what they are up to !

Why transparency?
● The last decade has seen numerous deceptions in
the financial services sector
● Deception isn't limited to the finance sector –
remember WorldCom and Enron?
● Business is based on trust. Transparency about what
a business is about builds trust.
● Many business owners exaggerate – we did £3M in
sales when it was actually £1M
● When does exaggeration become lies?

Government Open Data
● The UK government is leading the world in
open data. Many countries are following but
many are still secretive
● The USA, Denmark and New Zealand are
adopting openness
● Open data is big data and it can be used to
provide valuable insights into what companies
are doing and how they behave

Transparency through Openness
● Datalog is a website that provides valuable insights
into what companies are up-to by mining open data
and it provides free access to this information
● Governments often regulate business and that
regulation leaves an information trail. Increasingly
governments are making that information available
either freely or through subscription services.
Correlation of that data provides information about
companies

So what is Datalog?
● Datalog currently provides openly accessible
information about registered companies in the
United Kingdom, Canada and Ireland.
● It provides information information such as the
registered office, directors, filing history
however the real power is not this data but
where government data has enriched the
company profile

What kind of enriched data?
● Government spend
– Governments spend tax payers money and
increasingly governments are being held to account
to explain how they spend our money. Which
companies benefit?
● Regulated business
– Many businesses need a licence to operate.
Datalog gathers this data and correlates it. Which
business have licences?

Business Taxes
● Some tax data is available showing how much
companies are paying in local taxes and in some
jurisdictions how much national tax they pay. With
many governments clamping down on
international tax avoidance, it's possible to see
how businesses are operating. Datalog currently
uses the UK Business Rates (NNDR) to provide
information about how much local tax a company
is paying and data about their geographical
operations.

Intellectual Property
● In most countries, the government acts as the
impartial controller of intellectual property such
as trademarks and patents.
● Datalog collects trademark and patent data
showing who owns what. These assets can be
traded or used as security and it's possible to
see who really owns an asset.

Legal Events
● Unfortunately not all businesses play by the
rules and they may fall foul of the law. Law is
run by Government
● It's possible to see where legal action has been
taken and who took the action. For example
winding-up orders show who the creditor was.
● Datalog currently provides access to a legal
event information for UK companies.

Trade Records
● We live in a global world with goods constanly
moving around the planet.
● Governments control the import and export of
goods through import taxes and also require
companies to provide data for trade statistics
● Some data is available about goods that
companies have imported and exported and
this data is available on Datalog.

Example: Barclays Bank
Information Datalog has on
Barclays Bank:
- Registered office
- Directors
- Mortgage charges
- Legal events and fines
- Business rates & premises
- Domain names owned
- Patent ownership
- Trademark ownership
- Trademark securities
- Legal charges
- Government income
- Government contracts
- Imported goods
- Winding up orders issued
- Associated companies

Interested?
Datalog is free to use

Corporate transparency

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