"cerved - a business perspective"
TRANSCRIPT
Cerved
A business perspective
30 March 2015, Munchen
Something about me
2
• Innovation & Data Sources Manager in Cerved
• Data lover
• Agile organization & mindset supporter
• A knowledge sharing and open-culture passionate
• A runner or better an endurance sports lover
More about me …
• Twitter: @micio1970
• Linkedin: http://it.linkedin.com/in/gattistefano/
• Mail : [email protected] or
• My website: http://www.stefanogatti.info/
Cerved Business Areas
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1000 report/minDocuments and data searches
2 millionCredit scoring reports
450,000Private credit ratings
51 millionPayment transactions
recorded
160,000Italian groups analysed
50 milionLines of code
34,000Clients
1,236 People
313 million Euro (2013)Revenues
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Cerved Factory
Sourcing
Business Rules
Products
Delivery Platforms
Op
erat
ion
s
IT F
arm
800 TB
200 DB Instances
13 out of 20 most popular DBMS
>2000microservices
600 Millionsmonitoringevents/year
> 350 people
1000 servers
46 web platform
> 200 B2B projects
> 500 products
80 % time-criticaldelivery
CervedData
Open Data
LinkedData
Smart Data
Social Data
Cerved data vision
Cerveddata
assets
Analysis and data cleansing (100%
data linking between negative
events and companies)
Proprietary data (companies payments,
proprietary analysis etc.).
Historical data (time series from
1984 balance sheets, history and
company representatives
etc.).
Integrated data (data about the
Public Administration , negative events
etc.).
Algorithms: from data to
information (Cerved Group Rating, Credit Rating Agency certification by ESMA etc.).
Cerved proprietary data
Innovation in data: our pyramid
Semantic,
Big & Smart Data
Web Data
Open Data
Te
ch
nic
ald
ifficu
ltie
s
Uniq
ue
ne
ss
\A
dd
ed
Va
lue
Open Data: Cerved vision - opportunity
Lots of data from governments/civil society…
Fonti: Mckinsey : Open data: Unlocking innovation and performance with liquid information
Proprietary data + open data = big value
Open Data: Cerved use cases – 1 - OpenCoesione
Transparency & Business
Images by © Jurgen Appelo, Creative Commons 3.0 BY http://www.management30.com/
live in May 2015
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65%
35% "Easy" Matching(automatedrecord linkage)
Advanced &Human-assistedMatching
Open Coesione records
1 – OpenCoesione: Data quality issues
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Data Cleansing Similarity Score Jaccard
Distance
Data Mining(anomaly detection by
cluster analysis k-
means)
Main Quality Issue
Jaccard Distance
Sim
ilarity
Score
1 – OpenCoesione: Data quality issues (cluster analysis)
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1 – OpenCoesione: but also value …
• Strong inverse correlation between EU/National funding and probability of
default
• Valuable data on ~ 100.000 Italian companies
• The subject areas in which the companies are investing
is also a valuable information
• Improved transparency (and accountability) on government investments
Open Data: Cerved use cases - 2 PA-portal live from 2012
http://www.pa.cerved.com/portalePA/
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The importance of Open Data quality: we derive credit scoring from data!
Open Data: Cerved use cases - 2 PA-portal live from 2012
Open Data Cerved use cases – 3 Horizon 2020 – Big data and Open Data Innovation and take-up
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Open Data Cerved use cases – 3 Horizon 2020 – Press il sole 24 Ore
3 - Horizon 2020 – Big data and Open Data Innovation and take-up
3.5M € co-financing from the EU
3 - Horizon 2020 – Big data and Open Data Innovation and take-up
The cost of integration and linking data :
• Data cleansing (a possible business?)
• Linking with other data
• Data-quality control
• Time-value of data-quality
Images by © Jurgen Appelo, Creative Commons 3.0 BY http://www.management30.com/
3 - Horizon 2020 – Open Data issues
Open Data: Cerved vision – issues summary
Authoritative source
Update frequency
Images by © Jurgen Appelo, Creative Commons 3.0 BY http://www.management30.com/
Too many different formats
(syntactically and semantically)
Data quality problems
(both metadata and data)
Cerved Group S.p.A.
Via San Vigilio, 1 - 20142 Milano
Tel. +39 02 77541
Fax +39 02 76020458
www.cerved.com