Factiva vs. Ideagen Audit Analytics

Factiva is particularly useful when I work on securities litigations involving shareholder lawsuits -- i.e. shareholders who bought and sold shares during a specified class period when the company was misrepresenting, for example, its financials. Specifically Factiva is quite useful in helping me understand what company events were known by the market and when they were known. Factiva has also been useful in helping me on various research studies. It is less relevant for other types of litigation that I work on (i.e. Patent litigation, etc).

Incentivized

Ideagen Audit Analytics is crucial when answering questions in financial research, due to its data coverage, the amount of data available, and the available data period. Additionally, Ideagen Audit Analytics exhibits internal consistency, and has data connectors that allow to pair the data with external data as well. This is very helpful.

Incentivized

• Putting broad swaths of news in one place
• Organizing information
• Constant updates

Incentivized

• Easy to download.
• Column names are clear.
• Data is comprehensive.
• Data updates are promptly.

Incentivized

• Lengthy setup for searches
• Repeated articles appear frequently
• Unannounced interface changes were unpleasant surprises

Incentivized

• I use WRDS often. If Ideagen Audit Analytics can have a closer relationship with WRDS, that will be awesome, for example, more frequent updates on WRDS.
• Overall, I like this dataset so far.

Incentivized

The data from Ideagen Audit Analytics are easy to use and implement into research projects. I very rarely have any issues with accessing or using the data. One of the big reasons for this is that the data are clean and well organized. This stands out relative to other data providers.

Each of the tools I have described share the same kind of premise: the main thing they do is source and collect media content. Then to varying degrees they run filters against this content and produce a range of data visualisations and ways of slicing the data and content. Factiva's strength lies more in the sourcing of content than in the manipulation of the results (much like the others do with more sophisticated dashboards and visual interpretations). We chose it because of the integrity of its sourcing breadth. It doesn't matter so much about the display of results because the source material you're working with isn't as dynamic as say social media.

Incentivized

Ideagen Audit Analytics offers cleaner and better organized data compared to Capital IQ. While both offer useful and relevant data, the fact that Audit Analytics' data is easier to use makes it preferable for me. All that said, some data offerings are unique to each of the providers, so there is not always an option.

• It helped me increase my productivity.
• It made my research faster.
• It made my research more efficient.

Incentivized