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Overviews (1)

Overviews (1). • Sourced for BvD by Innodata (US company, dedicated team based in the Philippines – about 20 researchers -)

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Overviews (1)

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  1. Overviews (1) • Sourced for BvD by Innodata (US company, dedicated team based in the Philippines – about 20 researchers -) •Aim : establish standardized notices describing company activities (activity descriptions sometimes provided by local IP’s could be really heterogeneous : only in local languages, with different levels of details, etc. → important to have harmonized activity descriptions on BvD international products (Orbis, Amadeus, Oriana), in English, with standard level of details (especially for TP purposes)

  2. Overviews (2) •Notice scheme : Innodata asked to focus on 17 specific topics : - History - Primary business line - Secondary business line(s) - Main activity - Secondary activity(-ies) - Main product and services - Size estimate - Strategy, Organization and policy - Strategic alliances - Membership of a network - Main brand name(s) - Main domestic country - Main foreign countries or regions - Main production site(s) - Main distribution site(s) - Main sales representation site(s) - Main customer(s) • All items integrated in a complete notice (“full overview”) 2

  3. Overviews (3) • Through BvD products, dedicated : - searches (through “Industry/textual Search/Overview”) - section in the company report •Sources (for Innodata to establish notices) : - mainly companies websites (“to display how the company describes itself”, avoiding all promotional material) - professional directories - Innodata do not search for companies Annual Reports and do not contact companies directly → depending on what information is available, more or less specific fields will be retrieved and the notice will be more or less detailed. (notice length : from 70 to 1.200 words – Average : 110 words) 3

  4. Overviews (4) •History : first notices available on Orbis end of 2006. •Scope : - current : about 2.000.000 notices - targeted : 1° all Orbis VL & L companies 2° SME companies which are relevant from a Transfer Pricing point of view (strategy established by Luis Carrillo) → still 1.500.000 potential notices to be established (not sure we’ll complete this, because no information available for smaller companies) (!! Project scope in continuous evolution) 4

  5. Overviews (5) •Rythm : about 25.000 new notices + about 20.000 updated notices received by month. •Updating : priority onto companies : - which are specifically requested for updating (by clients, sales) - which have been involved in a M&A operation - which have changed their activity - which have not been reviewed for more than 4 years • Monthly breakdown available on the Intranet (Products/Coverage/Overview) • For any question : Laurent POTTY (lpo@bvdinfo.com) 5

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