Corporate Registrations for Sales and Marketing

Description:
The registrations associated with the business or business location. This attribute is used specifically for sales and marketing use cases. For KYB use cases, use the Registrations attribute on the KYB endpoint. Compared to the Registrations attribute on the legal entity, It contains a smaller set of registration filings, excluding registration filings where no mailing address is provided across twelve states. As of 10/2023, these states are MS, AL, CA, ME, OH, MO, NV, SC, DE, NJ, OK, WI.

Child attributes (and data file structure):

JSON Sample:

"corporate_registrations":[
           {
            "issue_date": "2017-04-28",
            "state":"MA",
            "file_number": "001435918",
            "business_name": "ENIGMA TECHNOLOGIES, INC.",
            "jurisdiction_type": "foreign",
            "state_jurisdiction": "DE",
            "status":"active",
            "addresses": [
            	{
              		"street_address1": "84 STATE ST",
                  "city": "BOSTON",
                  "state": "MA",
                  "postal_code": "02019"
                  "type": "registered_agent_address"
              },
              {
              		"street_address1": "245 5TH AVE",
                  "street_address2": "17 FLOOR",
                  "city": "NEW YORK",
                  "state": "NY",
                  "postal_code": "10016"
                  "type": "mailing_address"
               },
               {
                  "street_address1": "245 5TH AVE.",
                  "street_address2": "17TH FLOOR",
                  "city": "NEW YORK",
                  "state": "NY",
                  "postal_code": "10016"
                  "type": "site_address"
               },
               {
                  "street_address1": "245 5TH AVE.",
                  "street_address2": "17TH FLOOR",
                  "city": "NEW YORK",
                  "state": "NY",
                  "postal_code": "10016"
                  "type": "registered_business_address"
               }
            ]
           },

Coverage:

• Businesses and business locations
  • Coverage of registrations depends on the quality of inputs, as well as the characteristics of your portfolio.
  • We expect an increase in match rates by 20-60% in the August-September 2023 time frame.

Time structure:

• Event stream. Each registration is an event.

Timeliness:

• The “lag” or “freshness” of the data depends on the state
• New businesses are added to the Enigma data set within either 3 weeks or 6 weeks of their incorporation date (depending on the state)
  • New businesses are added within 3 weeks for 41/50 states/regions
  • New businesses are added within 6 weeks for 9/50 states/regions
• Updates to the registration status: Each registration’s’ status is checked and updated between once a month to once every 6 months depending on the state
  • 12/50 states are on a once a month refresh timeline
  • 27/50 states are on a once every 3 month refresh timeline
  • 11/50 states are on a once every 6 months refresh timeline

Data sources:

• The Secretary of State offices for each state or region.
  • Enigma’s product covers corporate registration from 52 of the 52 states and jurisdictions (including Washington DC and Puerto Rico).
  • However, it only has limited coverage of the following states because the Secretary of States provide only limited information. As of 10/2023, these states are MS, AL, CA, ME, OH, MO, NV, SC, DE, NJ, OK, WI.
  • For coverage of these states for KYB purposes, please use the Registrations attribute on the KYB endpoint.

Methodology:

• Enigma shows all corporate_registrations associated with the business, ordered by recency of filing date
• Each Secretary of State office provides a status for the registration filing. Enigma maps each of these statuses to “active”, “inactive” or null.
  • This status field refers to whether the filing is considered active or inactive in the state in which it was filed, but does not take into account the “standing” of a filing.
  • For example, each of “Good Standing”, “Active”, “In Existence”, “In Existence but not in good standing”, and “Active/Owes Current Year Ar” are mapped to Enigma’s “active” category.
  • Examples of fields mapped to Enigma’s “inactive” category are “Forfeited”, “Dissolved”, “Terminated”, “Inactive”, “Suspended” and “Expired”
  • Any registration filing without a status description is mapped to null