Web applications, which present information in visually appealing and interactive ways, are a great way to serve the needs of many customers. These apps allow you not just to open up your data, but to present it in a format specifically designed for a particular customer segment.
The proposed Financial Transparency Act brings about a lot of questions. How exactly will it transform financial regulation? The video below explains how: Most financial regulatory agencies still use outdated document-based formats, instead of standardized, open data, to collect information from the financial industry. The Financial Transparency Act (H.R. 2477), introduced by Rep. Darrell Issa and… Read more »
Data won’t do much good if it’s not presented in a way that makes it easy to access, use, and customize into something that best serves customers.
Currently, there is no electronic way to aggregate all the information that a company reports to the government — even if the information is publicly available. But the rise of legal entity identifiers (LEI) could change that and transform financial regulation for the U.S. government and around the world.
Open data may not be sufficient to solve some of our toughest social problems. Skilled data professionals working with government officials and neighborhood stakeholders in partnership to develop new solutions requires good data, but also trust.
For decades, the ATF released data on paper or in a static electronic format, as a PDF file. But the bureau realized that information in a static file format did not allow the firearms industry or the public to easily analyze data or make it more comprehensible. The need to build greater faith in the… Read more »
Be honest, have you ever looked at your state budget? Probably not. And if you do, the complicated figures and numbers probably intimidated you. But there is hope. One of the co-authors of a recent report for the Volcker Alliance, titled Beyond the Basics: Best Practices in State Budget Transparency, Richard Greene, Special Projects Advisor… Read more »
I’ve started this newsletter for our internal open data community of interest (DataCOIN) and thought others might find it useful. I read a lot about open data and I bet some of you do too. To pool our knowledge and prevent FOMO (fear of missing out), I’m starting a mini bi-weekly-ish newsletter that highlights what’s going on… Read more »
Let’s just take a step back and imagine a world in which we didn’t have people who forecasted the weather at all. Wouldn’t planning and dressing appropriately for the entire day (or even for different intervals throughout the day) be very difficult? The bottom line here is that forecasting is essentially the best solution we… Read more »
The US Federal Government is the largest and most complex entity in human history. It has hundreds of different agencies with countless subdivisions and bureaus, making it impossible for anyone to have a consistent picture of its entirety. With such complexity, how can citizens begin to understand federal budgets and where their tax dollars go?… Read more »