Ziligence is ready to disrupt. We believe in open source, open communication, and an open world. This is what we want everyone to know about us…
Describe your company in a sentence.
Ziligence enables financial professionals to make better decisions by providing reliable data, customizable analysis, and optional crowd sourced insight.
Describe your business in greater detail. What problem do you solve? How are you disruptive?
Ziligence utilizes an algorithm to capture raw content from public SEC filings and transform it into structured data with minimum latency. This information is published by filers on the SEC’s Edgar site in an inconsistent format, more suited to text than numbers. It is obfuscated with jargon and irregular line item naming. Very simply put, it is a complete mess.
Ziligence offers an immediate solution to the alternative methods, which include:
(1) A non-applicable approach: Free sites like Yahoo Finance offer generic content, which isn’t suitable for the financial profession.
(2) The least common approach: Manually transposing data from filing documents into your own spreadsheet models isn’t practical.
(3) The most common approach: Legacy providers, who provide similar content to Ziligence, charge over $1,000 a month per user.
Ziligence demonstrates that less is more when it comes to buyers paying for the financial data they need. While our competitors sell massive bundled tool chests, we provide a free customizable unbundled toolset, giving you exactly what is needed at no cost. Financial firms are actively looking for cost saving opportunities, and we feel timing is right to seize their business.
Ziligence will reshape how financial data is utilized. People don’t just want to be given information any longer, they want engagement. Thus, we give the complete picture, all the numbers, and the right tools. The users construct their own customized analysis. Our site has a collaborative atmosphere, in which crowd sourced suggestions give guidance when needed. We offer a simple solution and immediate alternative to the legacy data providers.
List your competitors. Describe how you are different.
A truck differs greatly from a train, but they both perform the same service function for the buyer, point to point freight transportation. Ziligence is the truck and our competition, the legacy providers, are the train. Legacy providers consist of FactSet, CapitalIQ, Thomson Reuters, and Bloomberg. These firms sell heavily bundled products, delivering thousands of global databases to the largest global financial firms. Buyers lack options and are forced to pay for everything the bundle is capable of doing. Subscriptions from legacy providers typically cost $50,000/year for two user accounts, and $6,000/year for each additional one. This economy has been upheld in the absence of unbundled substitutions, until now. We offer the first free minimum viable alternative for detailed earnings and valuation data.
We are different on price, features, and customization. Our price and features are both significantly less than the competition, while nobody rivals our customization. We enable customized analysis with user defined field mapping that remains in-place across time. Further, we engage crowd sourced recommendations to assist with field mapping.