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SEPTEMBER 10th
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Data Transparency 2013 has ended. Here's what happened.




Presentation Materials:
  • Presentation by David Lebryk, Fiscal Service Commissioner, U.S. Treasury
  • Letter from Chairman Darrell Issa, House Oversight Committee, to Chairman Mary Jo White, Securities and Exchange Commission
  • Summary of Issa letter by Data Transparency Coalition
  • Presentation by Dr. Theresa Pardo, SUNY-Albany, summarizing recommendations of breakout groups
  • Presentation by Richard Stirling, Open Data Institute
 

Videos:


 


Over 450 registrants had a first-ever opportunity to glimpse the future of open data policy at Data Transparency 2013 on September 10, 2013, in Washington - and see crucial reforms happening in real time.

The U.S. government will transform its whole public information portfolio, including spending, performance metrics, compliance reports, judicial filings, and even the text of laws and regulations, from inaccessible documents into open data - structured, standardized, and freely available.

Data Transparency 2013 took several huge steps into that future.
  • Treasury Department embraces DATA Act's goals. David Lebryk, Fiscal Service Commissioner at the U.S. Department of the Treasury, announced the Fiscal Service's plan to transform federal financial reporting into standardized "Intelligent Data," matching the goals of the Digital Accountability and Transparency Act (DATA Act). The DATA Act would direct the Treasury Department to impose government-wide financial data standards and require agencies to implement them. Commissioner Lebryk's presentation is available here (PDF).
  • Congressional leaders preview action on DATA Act. Senate Homeland Security & Government Affairs Committee staff announced that Chairman Sen. Tom Carper (D-DE) and Ranking Member Sen. Tom Coburn (R-OK) intend to consider the DATA Act at the committee's next business meeting. House Majority Leader Eric Cantor (R-VA) pledged to shepherd the DATA Act to House passage.
  • House Oversight Chairman calls on SEC to fix and expand structured-data reporting. Rep. Darrell Issa (R-CA), called on the Securities and Exchange Commission to begin enforcing the quality of structured-data corporate financial statements, use the data in internal reviews, and expand the XBRL format to cover additional filings that are currently submitted as unstructured documents. Issa, Chairman of the House Committee on Oversight and Government Reform, announced he had sent a letter to the SEC requesting commitments and documents. Chairman Issa's letter is available here (PDF) - and summarized on the Coalition's blog here.
  • SEC envisions the expansion of structured-data reporting. Craig Lewis, Director of the SEC's Division of Economic and Risk Analysis, envisioned how his agency would be able to deploy analytics to detect corporate fraud if it chooses to transform more document-based corporate disclosures into open data.
  • White House: Open data will create "new industries." "Looking out five to ten years, I think we will see not just new companies but whole new industries created from open data," said U.S. Deputy Chief Technology Officer Nick Sinai, during an executive keynote address that reiterated the White House's commitment to open data. Sinai described the implementation of President Obama's Open Data Policy, which requires each executive department to inventory all data it collects and generates, apply standards, and ensure publication.
  • Advocates build the first open data policy agenda. Conference attendees representing over 30 federal agencies, 70 tech and consulting firms, and 40 nonprofits collaborated to develop policy recommendations in seven key domains: spending, management, financial regulation, general regulation, tax, legislation and the Code, and judicial. Their recommendations will inform the Data Transparency Coalition's policy agenda. A summary prepared by Dr. Theresa Pardo of the SUNY-Albany Center for Technology in Government is available here (PDF).
  • Exhibitors demonstrate the open data opportunity. Over 30 companies, from established leaders like Google, PwC, and RR Donnelley to hungry startups like Enigma, confirmed the White House's statement that open data creates new industries and jobs. As federal data is standardized and published, entrepreneurs find emerging opportunities in republication (Google, Enigma), Big Data analytics (Oracle, Captricity), and compliance automation (Level One Technologies, RR Donnelley, StreamLink).
  • The global movement grows. Richard Stirling of the Open Data Institute, founded last year in London by HTML inventor Sir Timothy Berners-Lee, explained the growing, worldwide demand for standardized and published government data. His slides are available here (PDF).
  • Bronner Group and FedScoop make it fun. Bronner Group and FedScoop hosted opening and closing receptions that mixed executive branch leaders, Congressional staff, venture capitalists, philanthropists, activists, and emerging open data business leaders.

Stay tuned for plans for Data Transparency 2014!

 




 



September 11, 2013: Data Transparency 2013 makes real-time progress in spending, financial regulatory open data

September 5, 2013: Nick Sinai, United States deputy CTO, to keynote Data Transparency 2013

August 28, 2013: Data Transparency 2013 to feature open data insights from government insiders

August 22, 2013: Data Transparency 2013 to feature nation's first open data business exhibition

August 13, 2013: Data Transparency 2013 to feature executive branch leaders seeking to transform federal spending reports into open data


August 6, 2013: Data Transparency 2013 to feature DATA Act sponsors, House Majority Leader

July 23, 2013: Regulators will gather at Data Transparency 2013 to preview plans to open financial sector data to investors and enforcers

July 9, 2013: Data Transparency Coalition to host Data Transparency 2013