Bitvore Blog

Understanding Material Business Events: A Complete Data Dictionary

Written by Steve Henning, CMO Bitvore | Feb 26, 2019

Using proprietary AI techniques to analyze the unstructured data from world news and information, we can identify material business events, or as we refer to them, business signals, that may have an impact on the bottom of a company. This signal-driven intelligence provides triggers for sales, asset managers, and others to facilitate better and faster decisions. But how are these signals defined? 

We have created a data dictionary of detailed signals and sub-signals, each with a description and an example of an article identified with the signal extracted from example alerts. For example:

 

DETAILED SIGNAL - BUSINESS RISK:

This category identifies issues caused by outside influences that can have an effect on a company. This includes things such as cyberattacks, data breaches, protests, privacy breaches, ransomware attacks, strikes, supply chain interruptions/issues, tariffs, union problems, etc.

SUB-SIGNALS FOR BUSINESS RISK:

  • Disaster - A natural disaster that may impact a company's business operations, like hurricanes, floods, tornados and earthquakes.
  • GeopoliticalUnrest - Disruptive issues caused by a political entity in a geographic area that can affect business operations, like civil war, terror, rebellion, revolution or insurgency.Taking advantage of AI in this fashion allows you to plan and execute your outreach at the right time, to the right person, with the right message. Rather than being reactive, it allows you to discover hidden opportunities early. It’s technology that facilitates selling and could arguably change your organization's sales behavior and culture.
  • Regulation - Governmental/agency rules and regulations that can affect business operations, like Dodd Frank, Basel 3 or GDPR.
  • Activism - Activism against a specific company, like boycott, picketing or protests.
  • Sanction - Punitive action taken by a country to pressure another country that can affect business operations, like an embargo.
  • TradeAgreement - Trade laws governing commerce between countries that can affect business operations, like NAFTA or tariffs.

 

EXAMPLE OF A BUSINESS RISK SIGNAL:

Our data dictionary identifies and defines all signals and sub-signals of our entire business signal hierarchy. In addition, we have described the business news and information Bitvore may provide that is not identified by a signal, as well as the type of business-related news we currently suppress. Download the complete PDF document below!