We’re getting closer

Using directEDGAR in my browser

I’m a bit giddy with excitement – the video above illustrated identifying all 8-Ks filed as earnings announcements for a sample of approximately 2,800 registrants. An interesting number of them (555) did not have an earnings announcement filed in the span I was looking. My output included summary details about the filings and I was able to save those who did not have an 8-K filings as a separate list for review.

Those of you who use directEDGAR already are familiar with the ease of this task. I was talking to a client yesterday who recounted the misery of trying to identify these by using code and the SEC website when he was a PhD student. There have been more than 315,000 8-K filings made since 1/1/2016 (my time period) and for their study they had to inspect each one to determine its relevance. I need to ask him how long that took.

In addition – sometimes you need access that is more native to your work environment rather than dealing with the limitations of a cloud experience. So we are also providing a native application mode that will more closely match the experience of working off your desktop. We’ve got that handled as well. The following video illustrates using our application to collect the data where the registrant uses language such as Our audit committee met N times blah blah blah.

Native Application Mode – Context Normalization

Remember – while it looks like directEDGAR is running on my desktop in the above video – it is actually running in Oregon or Virginia – but it brings all of the features to your local environment.

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