Press Releases

Clinton to Fully Back DATA Act Implementation


On June 28, 216 presumptive Democratic presidential nominee Hillary Clinton unveiled her campaign’s Technology and Innovation Agenda. The Agenda includes a commitment to open up more government data for public uses. The Data Coalition welcomed Secretary Clinton’s strong support for fully implementing the DATA Act of 2014 and replacing document-based regulatory reporting with structured data.

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SEC Announces Voluntary Inline XBRL Filings: XBRL will end duplicative regulatory reporting but only till 2020


Today the U.S. Securities and Exchange Commission (SEC) announced that it is allowing public companies to file their financial statements in the inline XBRL (eXtensible Business Reporting Language) open data format, effective immediately.

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Senate Committee Approves OPEN Government Data Act


Today, the Senate Homeland Security and Governmental Affairs Committee unanimously approved S. 2852, the Open, Public, Electronic and Necessary (OPEN) Government Data Act. The sweeping open data proposal will set a presumption that all public federal information should be expressed in searchable formats and freely available for everyone to use.

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Treasury Department Publishes Long-­Awaited Data Format for Federal Spending


Last Friday, Treasury released the final schema on its Federal Spending Transparency GitHub portal. Friday’s announcement also included specific instructions to agencies on how to create and upload standardized data files that conform to the 57 DATA Act elements and the DATA Act Schema.

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Panelists: Open Data Standards Enable Oversight


At this morning’s Data Breakfast, hosted by the Data Coalition and presented by Esri, current and former federal analytics leaders, moderated by former Postal Service Inspector General Dave Williams, explored the use of analytics for oversight. The panelists were unanimous: if agencies invest in consistent data standards for the wealth of information that they collect and generate, anti­fraud analytics can generate outsized returns.

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Congress to Executive Branch: Don’t just “go through the motions” on the DATA Act


Today the Data Coalition commended the House Oversight Committee’s subcommittees on Information Technology and Government Operations on an effective oversight hearing on the implementation of the DATA Act of 2014, the nation’s first open data law. Jointly chaired by IT subcommittee chairman Will Hurd (R-TX) and Government Operations subcommittee chairman Mark Meadows (R-NC), the hearing revealed that federal agencies are on track to transform their spending information from disconnected documents into standardized, open data by May 2017, as the DATA Act requires.

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Data Coalition Endorses OPEN Government Data Act


The Data Coalition, which represents the growing open data industry, today applauded the introduction of the Open, Public, Electronic, and Necessary (OPEN) Government Data Act by Reps. Derek Kilmer (D-WA) and Blake Farenthold (R-TX). The OPEN Government Data Act directs all federal agencies to publish their information as machine-readable data, using searchable formats. Sens. Brian Schatz (D-HI) and Ben Sasse (R-NE) are expected to introduce the OPEN Government Data Act in the Senate shortly.

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Coalition of Things Bridges Gap Between Big Data and All of the Things


The Coalition of Things launched today with the mission to bridge the space between Big Data and All of the Things. Established to collaborate around the Internet of Things, the Coalition of Things advocates innovation, instead of legacy stovepipes. The Coalition, or CoT, is primed to transform All of the Things by convening innovative thought leaders and catalzying vision through groundbreaking events.

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Open Data will Transform California’s Government and Society


Over 100 attendees participated in the Data Coalition’s second annual California Data Demo Day in Sacramento. Hosted by Socrata, with additional sponsorship from the Department of Better Technology, the event spotlighted the state’s step-by-step progress in adopting consistent data standards to make its data searchable and publishing it for all to scrutinize and use.

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Data Coalition commends bipartisan effort to block anti-open data bill in House of Representatives


Today the House of Representatives approved a financial services package bill that contained a setback for open data reporting at the Securities and Exchange Commission. Rep. Robert Hurt’s Small Company Disclosure Simplification Act, included within the Encouraging Employee Ownership Act of 2015 (H.R. 1675), would require the SEC to exempt most public companies from reporting their financial statements in the eXtensible Business Reporting Language (XBRL) format.

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Data Coalition announces name change and sister organization


The Data Transparency Coalition is changing its name to Data Coalition. Today also marks the launch of the Data Foundation, the nation’s first industry-focused open data research organization. Through research, education, and programming, the new Foundation will illuminate the benefits of transforming government information into standardized, open data.

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Replacing Financial Reports with Data Could Save Billions


Washington, D.C. – Financial expert Allan Mendelowitz today estimated that if U.S. financial regulatory agencies adopted consistent data formats for the information they collect, instead of using today’s document-based reports, a typical large investment firm could save “20 to 30 percent of operating expenses, or $200 to $300 million annually,” with similar savings across the whole financial industry.

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Small Business Administration Demos First-ever DATA Act Visualization Platform at Data Coalition Breakfast


Washington, D.C. – The Data Transparency Coalition (DTC) applauded the Small Business Administration for teeing off on DATA Act implementation. The Coalition hosted a breakfast at PwC to provide an opportunity to hear from the front-line DATA Act implementers—the Small Business Administration (SBA), the Department of Veterans Affairs (VA), and the White House Office of Management and Budget (OMB).

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Data Transparency 2015 Connects Current Change and Future Vision for Open Data


Washington, D.C. – Nearly 500 registrants participated today in Data Transparency 2015, Washington’s largest-ever open data policy conference, hosted by the Data Transparency Coalition. Live demonstrations showed how reforms like last year’s Digital Accountability and Transparency act (DATA Act) are bringing about democratic accountability for citizens, data-driven management within government, and automated compliance for businesses.

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Coalition Applauds Complete Federal Spending Data Standards


Today, applying the DATA Act of 2014, the Treasury Department and the White House Office of Management and Budget finalized the 57 data fields that could deliver transformative transparency to U.S. citizens, data-driven management within federal agencies, and automated reporting for grantees and contractors. Supporters of modernizing government should applaud the nearly sixteen months of hard work by Treasury and OMB leaders that brought us to this point.

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Data Transparency Coalition hosts Data Demo Day at the California State Capitol in support of open data policies


Sacramento, California – Legislators, technology companies, government leaders, and civic technologists got a “taste” of the benefits of open data at this morning’s first-ever California Data Demo Day at the State Capitol, hosted by the Data Transparency Coalition and presented by Teradata. Coalition members showcased technologies to visualize, analyze, and automate government information, transforming disconnected documents into open, searchable data.

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Data Transparency Coalition Commends House Oversight Committee on vigorous leadership for spending transparency


Washington, D.C. – The Data Transparency Coalition (DTC) today applauded the House Oversight Committee for its hearing on the implementation of the Digital Accountability and Transparency Act of 2014 (DATA Act). Today’s hearing, conducted jointly by the Subcommittee on Information Technology and the Subcommittee on Government Operations, validated the importance of the DATA Act as a transformative piece of legislation, bringing the government’s spending data into the 21st century.

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Media Advisory: DATA Act Summit and DATA Demo Day Will Chart Course for Transforming Federal Spending


Washington, D.C. – Please join the Data Transparency Coalition in Washington on Tuesday, June 9, and Wednesday, June 10, for the second annual DATA Act Summit and DATA Demo Day – the largest-ever public event focused on federal spending data. The Digit …

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Tech Industry Applauds Introduction of Financial Transparency Act of 2015


The bill directs the Treasury Department’s Office of Financial Research to set data standards, including a common identification code for regulated entities, for the whole financial regulatory sector. It also directs the eight other agency members of the Financial Stability Oversight Council, including the Securities and Exchange Commission and Commodity Futures Trading Commission, to adopt data standards for the regulatory information they collect, and to follow the OFR’s lead where applicable.

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Congressional Subcommittee Debates Open Data at SEC


“The Small Company Disclosure Simplification Act is based on justified frustration with the SEC’s very real failure to make its existing data reporting requirement work properly for investors, companies, and internal use. But the proper response should be for Congress to direct the agency to improve the quality of the data.”

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Data Transparency Coalition Unveils New Website at 3rd Anniversary


Washington, D.C. – The Data Transparency Coalition, the only industry organization advocating for the transformation of the federal government’s information into open data, unveiled a brand new website this morning on the heels of its third anniversary …

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Congress Just Dealt Financial Transparency a Significant Blow


Washington, D.C. –The House of Representatives today passed a regressive piece of legislation that would set back data transparency efforts in financial regulation if signed into law. H.R. 37, the “Promoting Job Creation and Reducing Small Business Bur …

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Still Time for House to Vote For Financial Data Transparency


On the first full day of business for the new Republican Congress, the House of Representatives barely fell short of passing a regressive piece of legislation that would have set back data transparency efforts in financial regulation. H.R. 37, the “Promoting Job Creation and Reducing Small Business Burdens Act”, includes Rep. Robert Hurt’s Small Company Disclosure Simplification Act, which would exempt 60 percent of public companies from filing searchable financial data with the Securities and Exchange Commission (SEC).

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Data Coalition Applauds SEC for Ringing in the New Year with New Transparency Tool


In a release earlier today, the SEC announced that the thousands of XBRL submissions it receives, as separate files each quarter will, for the first time, be available as a single database. This is good news for investors, markets and companies because easier use of structured financial data means more use of financial data.

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Letter to Senate Banking Committee – Opposition to H.R. 5405


The Data Transparency Coalition is the nation’s only open data trade association. Representing 27 leading tech and consulting firms and growing startups, we advocate the publication of government information as standardized, machine-readable data.

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H.R. 5405 Needs a Closer Look says Data Transparency Coalition


Washington, D.C. – The Data Transparency Coalition (DTC) today urged the House of Representatives to postpone the vote on H.R. 5405, the Promoting Job Creation and Reducing Small Business Burdens Act , which is scheduled for this evening. Certain provisions in the bill would be detrimental to the push for more accountability and transparency in financial reporting.

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Veterans Affairs Bill Provides Opportunity for Data Transparency at VA VA Can Pick Up Where Congress Left Off


he Data Transparency Coalition (DTC) and the Health Data Consortium today applauded Congress for including forward-looking open data provisions in the Veterans’ Access to Care through Choice, Accountability, and Transparency Act but urged the Department of Veterans’ Affairs (VA) to standardize all the data that will now be produced.

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Citizant Joins Data Transparency Coalition


Leading Federal IT Contractor Joins World’s Only Trade Group Advocating for Open Data Standards within Government Washington, D.C. – The Data Transparency Coalition (DTC) today welcomed Citizant to the outstanding community of public and private sector …

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Tech Coalition asks Congressional Committee to Support Open Data at SEC


Proposal Threatens to Deprive Investors and Markets of Searchable Corporate Financial Data WASHINGTON, DC — A group of tech sector firms issued a letter today calling on the House Financial Services Committee to direct the Securities and Exchange Comm …

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Statement by Data Transparency Coalition Executive Director Hudson Hollister on President Obama’s Decision to Sign DATA Act


On Monday, the House of Representatives unanimously passed the DATA Act, following unanimous approval three weeks ago by the Senate. On Tuesday, the White House announced that President Obama will sign it. The DATA Act’s enactment will revolutionize fe …

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Tech Industry Applauds Senate DATA Act Passage


Landmark Open Data Legislation to Overhaul Federal Spending Transparency WASHINGTON, DC — The United States Senate approved an amended version of the Digital Accountability and Transparency Act (S. 994) today by unanimous consent. Advocates expect the …

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Inaugural “Data Transparency Summit” to Feature Key Legislators and Executive Branch Officials


Senators Mark Warner (D-VA) and Rob Portman (R-OH) will join with Representative Darrell Issa (R-CA) and key executive branch leaders to present a vision for delivering transparency in federal spending data at the first-ever “Data Transparency Summit” …

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Data Transparency Coalition Calls on SEC to Adopt Structured Data Strategy


Lawmakers Seek Committee Approval to Roll Back XBRL Open Data at SEC   WASHINGTON, DC – The Data Transparency Coalition submitted a formal comment yesterday on the U.S. Securities and Exchange Commission’s (SEC) draft strategic plan, urging the agency …

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Financial Regulators to Headline Breakfast on Data Transparency in Financial Regulation


The Data Transparency Coalition will host a breakfast on “Data Transparency in Financial Regulation” from 7:30 to 9:00 am EDT on Tuesday, March 18, 2014. The second installment of the Data Transparency Breakfast series, sponsored by PwC, will feature l …

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Socrata Joins Data Transparency Coalition


WASHINGTON, DC and SEATTLE — Seattle-based software developer Socrata announced today that it is joining the Data Transparency Coalition. Socrata’s membership will provide critical support to the Coalition’s goals to standardize and publish the U.S. g …

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White House OMB Seeks Removal of Key DATA Act Provisions in New Senate Bill


Leaked Documents Reveal Effort to Undermine Bipartisan Federal Spending Transparency Legislation WASHINGTON, DC — The White House Office of Management and Budget (OMB) has been engaged in an effort to jettison several key provisions from a new Senate …

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StreamLink Software Joins Data Transparency Coalition


WASHINGTON, DC — The Data Transparency Coalition and StreamLink Software announced today that StreamLink Software has joined the Coalition as a Regular Member. StreamLink’s support will help advance the goals of the Coalition, which seeks the standard …

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