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Resolving the long tail in minutes, not days

A long-established financial services firm had a research team spending days on businesses nobody else could find. Now one API call does it in minutes, with the same answer every time.

SavvyIQ

· 2 min read

Industry
Financial services
Records tested
1,000
Turnaround
Minutes, not days

SavvyIQ

92%

Moody's

+34 points

58%

Match accuracy on 1,000 of their records, in their own head-to-head.

This firm has been in financial services for a long time. Its enterprise clients count on it for data about companies most providers have never heard of, and getting that data right used to take days.

The records

The records come from documents run through OCR. By the time a company name reaches the firm, it can carry a typo from whoever wrote the original, a misread from the OCR, and stray text from the rest of the page.

The companies behind them range from small businesses to mid-sized and larger ones. Some have no website at all. Some exist only in a government filing. Some are LLCs set up to hold a single building.

For every record the firm needs four answers. Which company is this? Where is it? What does it do? Is it real?

Before: a research team and a queue

A team of five to ten researchers worked these records by hand. One request could take days. The answer depended on who picked it up, and the hardest records sometimes came back empty.

Cost was never the main problem. Speed and consistency were.

After: one API call

Now the raw record goes straight to the SavvyIQ API, typos and all. Our agents work out the name that was meant, check it against 140+ official registries and other sources, and confirm the company exists.

A few minutes later the response comes back with the legal entity, its location, its industry code, and a stable entity ID. Send the same record again and you get the same answer.

How they tested

Before switching, the firm ran 1,000 of its own records through SavvyIQ and Moody’s and compared the results. SavvyIQ matched 92% of them correctly. Moody’s matched 58%.

Today

The API replaced the manual research team. The firm runs its records through SavvyIQ every day and has for quite a while.

Have records like these? Get free API keys and try your messiest ones, or talk with our team.

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Resolve your first entity in minutes

Sign up, get API keys instantly, and make your first call with $25 in free credit. One request returns a verified entity, drawn from 140+ official registries.

Get started free View documentation
GET /v3/runs/run_344tSxhAVACWbuENINJ9D 
{
  "run_id": "run_344tSxhAVACWbuENINJ9D",
  "status": "matched",
  "match_confidence": 100,
  "type": "business",
  "entity": {
    "id": "siq_33d67jj0wJESjEdFHMhuQ",
    "display_name": "Datadog",
    "legal_name": "DATADOG, INC.",
    "primary_legal_entity": {
      "jurisdiction": "US-DE"
    },
    "identifiers": [
      {
        "type": "registration_id",
        "value": "4832851",
        "jurisdiction": "US-DE"
      }
    ],
    "website": "https://www.datadoghq.com/"
  }
}