Machine Readable Filings enables businesses and investors to incorporate the impact of COVID-19 on company performance into their business forecasts
S&P Global Market Intelligence announced today the launch of S&P Global Machine Readable Filings, a new data offering that applies cleansing and parsing techniques to generate machine-readable text extracted from SEC Regulatory Filings. As part of the growing suite of Textual Data, Machine Readable Filings can help investors and market participants better identify and interpret a company’s impact from unpredictable and timely events such as the current global health crisis.
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The parsed textual data allows firms to drill down on both historical and new filings in near real-time on more than 35,000 active and inactive companies. The textual data within regulatory filings provides an additional source of business information that can generate critical insights, such as the impact of COVID-19 on a specific area of business.
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Warren Breakstone, Managing Director and Chief Product Officer of Data Management Solutions at S&P Global Market Intelligence said, “With global disruption brought on by the COVID-19 crisis, our clients are looking for new insights and information to help them navigate market changes and complexities. Through the addition of Machine Readable Filings, our clients now have a new source of textual data which is pre-tagged, structured and organized for natural language processing and data mining techniques.”
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