Rice University - Streamlining Financial Research with Global Database
Company Overview: Rice University is a prestigious research institution known for its academic excellence and cutting-edge research across various disciplines. The university places a strong emphasis on providing students and faculty with the best resources to support their research and learning endeavors.
Challenge: Rice University, led by Professor Ramesh Kris and his research team, needed a comprehensive solution to access and analyze financial data from registered companies in the UK and Ireland for a large-scale research paper. Their primary challenges included:
- Limited access to historical financial data: They needed to access 20 years of full financial statements, including balance sheets, income statements, and profit and loss accounts.
- Time-consuming data extraction: The team required a solution that would allow them to quickly search for, view, and download financial data in Excel format for further analysis.
- Accurate and reliable data: The research relied on accurate, up-to-date financial data sourced from official records to ensure the integrity of their findings.
Solution: Rice University partnered with Global Database to solve these challenges by offering:
- Access to every registered company in the UK and Ireland: Covering 16 million companies, both active and inactive, allowing the research team to explore the full financial history of businesses across both regions.
- Full financial data: Including balance sheets, income statements, profit and loss accounts, key performance indicators (KPIs), ratios, and original PDF documents for complete transparency and authenticity.
- Excel download capability: Allowing the team to quickly download and manipulate financial data for in-depth analysis, saving time and improving efficiency in their research process.
Results: The partnership with Global Database enabled Rice University to achieve several key outcomes:
- Significant time savings: The ability to quickly search and access historical financial data in the desired format drastically reduced the time spent gathering information.
- Improved research quality: With access to accurate, comprehensive financial data, the research team was able to complete their analysis with confidence and accuracy, enhancing the credibility of their research paper.
- Seamless data integration: The capability to download financial data in Excel format made it easier for the team to conduct in-depth analysis and manipulate the data according to their needs.
Conclusion: By utilizing Global Database's extensive financial data on UK and Irish companies, Rice University was able to overcome their data access challenges and significantly enhance the efficiency and quality of their research. This partnership provided Professor Ramesh Kris and his team with the tools they needed to complete their research paper on time, with reliable, well-structured financial data.
