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Back to blog August 18, 2017 No Comments Author: Andy Jones

Data Quality

Since founding the company, we have been fanatical about data quality. Perhaps it’s the engineering background or my time at a bulge bracket investment bank where perfection was expected. Either way, offering quality solutions with excellent customer support is built into the ethos of PEI.

One method we use to track quality is by measuring both the median age and the oldest update for every data set. I have provide some metrics below to illustrate:

Data Quality Stats

  • Private Equity – Firms
    • 3,300 firms
    • Average aging:   11 days
    • Oldest update:  90 days
  • Private Equity – Executives
    • 37,800 executives
    • Average aging:   19 days
    • Oldest update:  90 days
  • Private Equity – Portfolio Companies
    • 73,000 companies
    • Average aging:   21 days
    • Oldest update:  90 days

This means that our internal research team verifies, validates and/or updates all 73,000 companies roughly every 3 weeks! Further, every portfolio companies has been verified for accuracy within the last 90 days.

How do we keep up with all the data, at that pace? While there is definitely some secret sauce in how we have intentionally built smart systems, technology & processes and assembled a great team to make it happen, frankly, to a large degree, it just a lot of hard work and attention to detail.