Dato Capital

Last updated

Dato Capital
Available in English, Spanish
URL en.datocapital.com
Commercialyes
RegistrationNot required
Launched2007;17 years ago (2007)

Dato Capital is an online database of business information about companies and directors registered in the United Kingdom, Gibraltar, Spain, Panama, Cayman Islands, Luxembourg and British Virgin Islands.

Contents

The website publishes basic company and director information but complete reports are priced. The amount of available information about a company varies depending on the country of incorporation, ranging from financial data (UK companies) to just company name and type (Cayman Islands and BVI). Basic information about directors includes approximate figures of the number and location of the companies involved and an extract of the appointment list. Not all the countries have director data.

The parent company who owns the database and website is Netamo Systems SL, incorporated in Spain. [1]

The company received attention in October 2014 when it published lists of deleted director profile links under the Right to be forgotten directive. [2] [3] [4] [5] [6] [7]

History

According to the parent company, it was incorporated in 2001; started working in business applications in 2003, and website was launched in 2007. The first proof of datocapital.com existence dates to December 2008, and it shows a Spanish version with only Spanish companies. [8] Domain was registered in September 2006. The first press mention of UK companies was in March 2014, [9] and Gibraltar and Panama appear in another interview of March 2015. [10] Latter countries were introduced during 2015.

Business Model

The company acts an information reseller, collecting data from public sources such as gazettes and official corporate registries; and private sources such as banks and credit agencies. Some of the data is published in the company website with an advertising model, and the rest of the data is sold in a paid content model. There is no registration available.

Controversy with data aggregators

The role of data aggregators has been criticized since 1995 [11] with privacy, [12] and data accuracy [13] as main concerns. Most negative views against data aggregators are based on the use of personal email addresses and details, but since the company publishes company director names, it may be considered personal data as well. [2]

Right to be forgotten

Starting June 2014, Google started removing links to director profiles of the United Kingdom and Spain on the website, and the company published a daily updated list with deleted links for each country as a response. [14] [15] [16]

The company claims that business information is exempted from privacy laws, and that their users have the right to access business information all across the world. [14]

An article by Roger Parloff was published in Fortune Magazine covering the story, citing 110 removed links, 64 from UK directors and 56 from Spanish directors (in September 2015, the website lists 174 links, 100 from the UK [14] and 74 from Spain [16] ). [2] Jimmy Wales quoted the article in a tweet, saying I told you so. Where is our right to remember?" [17] Another an article was published in WSJ Blogs from Jason Wright, managing director of risk consulting firm Kroll Inc., citing the previous story and stating that "For investors, the “right to be forgotten” could become the right to be defrauded." [3]

Criticism

The Fortune Magazine article also included opposing views from Viktor Mayer-Schönberger, who stated that "My name is personal information. So I, as an individual, can object to somebody else processing that information if that somebody does not perform a media function."

Press Source

The database is used as a source in business articles and researches involving international corporate conglomerates, high net worth individuals and statistical corporate data: Examples include: IMF former chief Rodrigo Rato, [18] Rafael del Pino, [19] Enrique Bañuelos, [20] House of Bourbon, [21] Aceralia CEO Aristrain, [22] SICAV companies, [23] banning solicitors, [24] Fon, [25] cross-border incorporations, [9] [26] Traian Basescu, [27] Haarlem (Netherlands) Aldermen Ewout Cassee [28]

The company participates in the OffshoreAlert conference run by David Marchant., [29] and it appears in the Spanish Government study of the Infomediary sector. [30] [31]

Competition

Dato Capital's competitors include services such as Bureau van Dijk, Duedil, Hoovers and Dun & Bradstreet.

See also

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References

  1. ↑ "NETAMO SYSTEMS SL B83120725". en.datocapital.es. Retrieved 29 April 2023.
  2. 1 2 3 Parloff, Roger (21 October 2014). "Company directors are deep-sixing Google links citing 'right to be forgotten'". Fortune Magazine. Retrieved 3 September 2015.
  3. 1 2 Wright, Jason (19 January 2015). "Some Things Should Not Be 'Forgotten'". Wall Street Journal Blogs. Retrieved 3 September 2015.
  4. ↑ "El 'choque' del 'derecho al olvido' y el derecho a la información: 56 directivos españoles consiguen que se eliminen sus datos". Bolsamania. 17 November 2014. Retrieved 3 September 2015.
  5. ↑ Udintsev, Nikolai (17 June 2015). "What is the "right to be forgotten"?". LookAtMe Magazine (Russian Federation). Retrieved 3 September 2015.
  6. ↑ McCapra, Alistair (28 October 2014). "Is There a Right to be Forgotten?". Chartered Institute of Public Relations. Retrieved 3 September 2015.[ permanent dead link ]
  7. ↑ Kampmark, Binoy (2 January 2015). "To Find or be Forgotten: Global Tensions on the Right to" (PDF). Journal of Global Faultlines, Keele University. 2 (2): 10. Archived from the original (PDF) on 9 August 2017. Retrieved 3 September 2015.
  8. ↑ "Informes de Empresas (17 December 2008)". Dato Capital. Archived from the original on 17 December 2008. Retrieved 3 September 2015.
  9. 1 2 Grasso, Daniele (3 March 2014). "Menos burocracia, menos tasas: se disparan las empresas de españoles en Reino Unido". El Confidencial. Retrieved 3 September 2015.
  10. ↑ McLeod, Ewan (4 March 2015). "Eduardo Amo of Dato Capital". FinTech Profile. Retrieved 3 September 2015.
  11. ↑ Dorobek, Christopher J (15 October 1995). "Web projects revive debate over data sales". GCN. Retrieved 3 September 2015.
  12. ↑ Whitehouse, Sheldon (2 June 2015). "Why Americans Hate Government Surveillance but Tolerate Corporate Data Aggregators". Lawfare. Retrieved 3 September 2015.
  13. ↑ "GOVERNMENT OF THE BRITISH VIRGIN ISLANDS" (PDF). IFC Forum. 31 January 2014. Archived from the original (PDF) on 24 September 2015. Retrieved 3 September 2015.
  14. 1 2 3 "List of removed URLs in the UK due to the "Right to be Forgotten"". Dato Capital. Retrieved 3 September 2015.
  15. ↑ "Google to shut down news site in Spain over copyright fees". 11 December 2014. Retrieved 29 April 2023.
  16. 1 2 "List of removed URLs in Spain due to Right to be Forgotten". Dato Capital. Retrieved 3 September 2015.
  17. ↑ Wales, Jimmy. "I told you so. Where is our right to remember?". Twitter. Retrieved 3 September 2015.
  18. ↑ Calvo, Pedro (26 April 2015). "Rato no deja cabos sueltos: nombra director de su sociedad inglesa a su mano derecha". El Confidencial. Retrieved 3 September 2015.
  19. ↑ Leal, Jose F. (8 August 2015). "Los Del Pino ya vuelan en solitario". El Mundo. Retrieved 3 September 2015.
  20. ↑ Leal, Jose F. (3 June 2014). "Tras la pista de Bañuelos". El Mundo. Retrieved 3 September 2015.
  21. ↑ Grasso, Daniele (13 January 2014). "Los negocios de los 'otros' veinte Borbones". El Confidencial. Retrieved 3 September 2015.
  22. ↑ Leal, Jose F. (9 September 2014). "Los vascos más discretos". El Mundo. Retrieved 3 September 2015.
  23. ↑ Leal, Jose F. (25 November 2014). "Hablan las SICAV". El Mundo. Retrieved 3 September 2015.
  24. ↑ Fisher, Beth (31 July 2014). "Disgraced property solicitor banned". Bridging and Commercial. Archived from the original on 23 September 2015. Retrieved 3 September 2015.
  25. ↑ Novoa, Jaime (15 June 2015). "Martin Varsavsky steps down as CEO of Fon, names Alex Puregger (COO) as his successor". Novobrief. Retrieved 3 September 2015.
  26. ↑ Flores, Simon (20 July 2015). "Notas del Día 20/07/2015". Noticias Candela. Retrieved 3 September 2015.
  27. ↑ "EXCLUSIV. DOVEZI INCENDIARE: Gâdea, Badea și Ursu, firme offshore în PANAMA, Spania și Regatul Unit". Informatia Zilei. 17 February 2015. Retrieved 3 September 2015.
  28. ↑ van Haga, W.R. (26 August 2014). "Een feitenrelaas over de zakelijke activiteiten van de heer Cassee" (PDF). Gemeente Haarlem. Retrieved 3 September 2015.
  29. ↑ "THE HUNT FOR DATA: OPEN SOURCE INTELLIGENCE TOOLS & TECHNIQUES". OffshoreAlert.
  30. ↑ Blazquez, Susana (14 July 2015). "El gran hermano empresarial". El Pais. Retrieved 3 September 2015.
  31. ↑ "ESTUDIO SECTOR INFOMEDIARIO 2014" (PDF). datos.gob.es. red.es. Archived from the original (PDF) on 28 March 2016. Retrieved 3 September 2015.
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