Rather than undertaking a major push, firms seem content to re-use previous technology investments while trying to improve the timeliness and quality of the data and improving the integration with other risk management tools.

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Recognizing that simply publishing snapshots of government information is not enough to make it open, we need to improve the quality, accessibility, timeliness, and usability of our data and content through well-defined standards that include the use of machine-readable formats such as web APIs and common metadata tagging schemas.

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Relying on paired sales and closing data, what the index offers in thoroughness it sacrifices in timeliness.

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To have effective data means focusing on the quality (accuracy, scope, timeliness and recency), usability (ease of use, concise presentation, etc.), accessibility, sales mobility (ability to transact with customers regardless of location), and intelligence (trends, recommendations, profile matching, etc.), according to Deepa Mani of the Indian School of Business, a member of the research team.

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