INDUSTRY RISK TRANSPARENCY
EACH INDUSTRY HAS UNIQUE BUSINESS MODELS
Each business model results in different risks and opportunities that drive specific risk awareness, management, and decision support approaches for entities to achieve their missions and performance objectives.
BRIEF HISTORY - SIC & NAICS CODES
Established by the U.S. Federal government in the 1930's, the four digit SIC codes covered the entire field of economic activities by defining industries in accordance with the composition and structure of the economy.
The government needed standardized and meaningful ways in which to measure, analyze and share data across its various agencies.
SIC Codes were last updated in 1987 and were replaced by the six digit North American Industry Classification System (NAICS) in 1997.
NAICS Codes group establishments (entities) into industries based on the similarity of their production processes.
NAICS Codes are updated every 5 years to reflect new and emerging industries and greater global comparability across industries.
SIC Codes HELP:
Identify the primary business of an entity.
Answer the question of "What business are we in?"
Search key public records of U.S. systems that continue to rely on earlier SIC Codes.
Enter an entity SIC Code in the U.S. Securities and Exchange EDGAR database to identify similar industry competitor risk and other business model information.
More specifically identify your current industry.
Can be used to access current U.S. Federal records such as U.S.Census Bureau geographic based data on populations, economic conditions, business activity, international trade, etc.
U.S. STANDARD INDUSTRIAL CLASSIFICATION CODES (SICs) AND
NORTH AMERICAN INDUSTRY CLASSIFICATION SYSTEM (NAICS)
CLICK ON A STANDARD INDUSTRIAL CLASSIFICATION DIVISION BELOW TO IDENTIFY A SPECIFIC BUSINESS SIC CODE
LOCATE RELEVANT PUBLICLY AVAILABLE INFORMATION
SEARCH SEC EDGAR COMPANY FILINGS BY SIC CODE FOR INDUSTRY AND RISK BUSINESS DISCLOSURES
Enter your entity SIC Code in the U.S. Securities and Exchange Commission (SEC) EDGAR Company Filings Search Tools to access regulatory filings such as Form 10K (Annual Report) Risk Factors for publicly traded companies in the same industry.
COMPANY FINANCIAL AND MARKET DATA ANALYTICS
Transparency Analytics™ sources fundamental and financial reporting data directly from each company's 10-Q and 10-K. Fundamental history dates back to 2007 for United States based public companies.
Please refer to Risk Management Tools to review the FinancialData and Comps Example Templates. These templates highlight the types of financial information that can be sourced by RISK TRANSPARENCY for your financial and Enterprise Value Management needs.
The Comps Example Template (No Macros Enabled) enables comparison of metrics and ratios for multiple companies. Competitive data analytics can be leveraged to provides insights into:
Peer group companies
Companies with same Standard Industry Codes (SIC)
RISK TRANSPARENCY can develop and customize analytics and decision support tools to achieve your strategic and financial data analytics needs.
Transparency Analytics™ include research and data analytics of publicly traded company risk factors and risk governance structures to support your entity-wide risk and reward management objectives.