Calls for Congress to Modernize Financial Data Reporting

December 1, 2016 12:00 pm PST | Data News Roundup

The Center for Open Data Enterprise shares an action plan for the Trump administration, leaders in the tech and finance industry call on the government to modernize financial regulatory reporting, and a new report explores ways cities can improve collaboration with community stakeholders. See the top stories in this week’s Open Data Download:

Action Plan Aims to Help Trump Administration Keep Open Data Front and Center

“Leaders at the Center for Open Data Enterprise have three words for President-elect Donald Trump: Data, data, data. In a newly published Action Plan for the Next Administration (PDF), the year-old advocacy group lays out 27 recommendations for the new president. The highly detailed agenda addresses projects that can be undertaken in the first 100 days of administration, as well as initiatives that could roll out in the first year.” Read more from GovTech.

Industry Letter Asks Congress to Improve Financial Data Reporting

“Industry leaders asked the House Committee on Financial Services in future legislative sessions to consider modernizing financial regulatory reporting within the government. ‘There is a growing consensus in the U.S. technology and financial industries that our financial regulators should move quickly to modernize their reporting regimes and replace documents with data. But progress has been slow,’ said the letter sent by the Center for Data Innovation, CompTIA, the Data Coalition, the Information Technology & Innovation Foundation, LexisNexis Risk Solutions, Morningstar, OTC Markets, and the Software & Information Industry Association.” Read more from MeriTalk.

Unlocking the Potential of Open Data through Community Engagement

“Recently, Cambridge, MA led an in-depth analysis and released a first-of-its-kind report exploring how cities can better collaborate with open data users to increase the impact of civic innovation. The report, Amplifying Civic Innovation: Community Engagement Strategies for Open Data Collaborations, presents numerous findings on how local municipalities can support inclusive and sustained collaborations with different users of open data….Below are the three key strategies municipalities can employ to make better of use of open data and to foster deeper engagement with community stakeholders.” Read more from Data-Smart City Solutions.

Obama White House Hosts First-Ever ‘Electric Vehicle Datathon’ Today

With the days counting down to its conclusion, the Obama Administration is attempting to boost battery electric vehicles today by hosting a first-ever Electric Vehicle Datathon. The purpose is to uncover more ways to use data to 1) get a better understanding of how plug-in vehicles help the environment and economy, and 2) make electric and plug-in hybrids more attractive to U.S. consumers. Read more from Hybrid Cars.

New online tool shows you how Sedgwick County spends money

“Sedgwick County launched a new, interactive way to look at its budget online Monday. The county’s “open budget” allows residents to look at how the county is spending money, complete with maps, pie charts and graphs. You can view it at ‘We did this exercise in an effort to increase transparency of county financial information,’ said Chief Financial Officer Chris Chronis. ‘I’m extremely happy with the work that has been done and I think it’ll be a useful tool for our citizens.'” Read more from the Wichita Eagle.

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