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Home > Legal Current > A Better Way to Organize Business Data: PermID
Podcast: Legal Current
Episode:

A Better Way to Organize Business Data: PermID
Category: Business
Duration: 00:11:44
Publish Date: 2016-09-15 11:06:38
Description:

Keeping track of information by business name can quickly become a difficult exercise. Business name changes or mergers can permanently alter how information is tied to a particular business name, complicating how to identify and store information.

Thomson Reuters has created PermID -- or Permanent Identification -- which creates a unique reference —which will never change over time—to a piece of information. It can be thought of as a permnanent "bar code" for information that  helps customers and partners handle data management challenges, eliminate mapping inconsistencies, reduce operational risk, and streamline end-to-end workflow processes across various platforms. 

Thomson Reuters is providing an open license to PermID, providing any organization or enterprise with descriptive metadata and tools for working with PermID.
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