Open Data

How the Financial Transparency Act will Bring Open Data to Financial Regulation

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 The video below explains how: Most financial regulatory agencies still use outdated document-based formats, instead of standardized, open data, to collect information from the financial industry.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 »

What the Legal Entity Identifier Means for Financial Regulation and Open Data

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.

Budget Transparency Isn’t Always Transparent…

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 »

Open Data Dispatch #1

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 »

Forecasting Cyberattacks

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 »