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Latest blog posts

Finding Solutions for Data Bias | Demyst Using Snowflake for External Data Deployment | Demyst 5 Hurdles Facing New Financial Products | Demyst The What, Why, and How of External Data | Demyst Fast Company Recognizes How External Data Can Change the World | Demyst 5 Checks for Flagging Fraud Risk | Demyst External Data’s Tipping Point | Demyst OpenCorporates Spotlight: Data Transparency Deep Dive | Demyst Vendor Due Diligence for Data Privacy | Demyst Looking Ahead: High Expectations, Low Margins for Error | Demyst How Lenders and Insurers Can Use Geolocation Data | Demyst Assessing Driver Risk Without Using Credit Scores | Demyst Digital Footprints for ID Verification | Demyst Layered Solutions to Fight SMB Lending Fraud | Demyst Global IDV Workflows Demand Multi-Source Solutions | Demyst Fintechs: Drifting into Compliance Failure? | Demyst Penalties Mount for Marketers Using Toxic Data | Demyst Assess Insurance Risk with Property Data | Demyst Application Prefill: A Digital Reality | Demyst Demand for ESG Data is Accelerating | Demyst Demyst’s Entity Resolution: Multi-Source Recipes | Demyst Verifying Phone Numbers Is Key for the BNPL Vertical | Demyst Game Changer: Demyst’s Entity Resolution Tech | Demyst Social Inflation Raises Courtroom Risks | Demyst Expecting the Unexpected | Demyst Meet Demyst at AWS re:Invent 2021 | Demyst External Data Addresses Crypto Regulations | Demyst Supply Chain Risk Management | Demyst Collaboration with AWS Data Exchange | Demyst Improving Trust on Managed Platforms | Demyst Risk Management: Diving Deeper | Demyst Assess Risk with Crime Data | Demyst The Risk Equation for Online Transactions Has Changed | Demyst Data Decay: An Ongoing Issue | Demyst The Increasing Responsibilities of Non-Bank Lenders | Demyst Mitigating Fraud with Social Media Data | Demyst Pandora Papers Pierce the Veil | Demyst What Constitutes ESG Data? | Demyst Demand for BNPL services is growing exponentially...data is the enabler. |… Residential Property Data For Marketing Decisions | Demyst Liens: Key Risk Assessment Indicators | Demyst Looking Beyond Registry Details for U.S. Businesses | Demyst Synthetic Identities, Genuine Fraud | Demyst Business Judgment Monitoring Made Frictionless | Demyst External Data Insights for the Insurance Industry | Demyst Going Deeper than Tax Assessor Data for Marketing | Demyst Addressing Data Decay in Phone Numbers | Demyst Leveraging External Data to Address Rising Compliance Costs | Demyst How to Verify a U.S. Person’s Address | Demyst Automating Due Diligence Processes with Business Website Lookup | Demyst Inspecting the Dots: Common Checks to Spot Fraudulent Businesses | Demyst Mind the Gap in Local Property Records | Demyst State Regulators Set External Data and Model Monitoring Requirements | Dem… Mitigating Marketplace Onboarding Risk With External Data | Demyst Warning Signs in Small Business Insurance | Demyst Climate is Changing and So Must Insurance | Demyst How are Commercial Insurers Adapting to Climate Change? | Demyst Untangling Merchant Chains of Ownership with UBO Data | Demyst Demyst raises A$33m and announces plans to IPO | Demyst Digital Fraud Attempts Have Risen By 150% | Demyst A new report suggests 79% of businesses will forsake some growth for incre… It's flood season! In response, FEMA is incorporating new external data in… Millions of PPP dollars went to fake farms in the Carolinas...could it hav… Litigation analytics is taking off...what data is available and what are t… Enterprise Litigation Analytics Data Landscape | Demyst B2B intent data is powerful...but third-party cookies are going away soon.… Assessing business intentions....with intent data | Demyst Privacy policies for geolocation data are changing....what will be the imp… Data Landscape - Global Mobility Data | Demyst DemystData Announces Collaboration with AWS Data Exchange to support exter… Emerging Small Business Use-Cases with Geolocation Data | Demyst HazardHub Data Spotlight: 900+ attributes to describe and assess a propert… Demyst Recipe: Getting Business Registration Details from Multiple Data So… Launching the Demyst Webinar Series | Demyst Why establish FinCrime data middleware? | Demyst Predicting Customer Trajectory with External Data | Demyst Demyst and Harbor Point Analytics partner to bring external data to the In… Leveraging External Data to Identify "Breakout SMBs" | Demyst Dynamic Fraud Mitigation | Demyst Swimming Pools, Trampolines, and Now What | Demyst Automating CARES Act Payroll Verification | Demyst Who knows their County FIPS code anyway? Say hello to Zip code based Covid… Examining consumer behavior during COVID-19 using near real-time consumer … Assessing Covid Supply Chain Risks with External Data | Demyst A message from the Demyst team | Demyst
Know more. Do more. | Demyst
The Demyst Team · 2020-10-23 · via Latest blog posts

A little history

Demyst started out building custom solutions. Led by client demand, we provided an external data ‘one-stop-shop’. We launched the first and deepest value-added external data marketplace. We’ve integrated our tools with all of the best cloud platforms and AI tools. We are constantly innovating to catalyze the discovery of data. We’ve spent 10 years honing our craft. We are a team that works to implement and deliver value. And we’re proud to partner with and deliver value to many of the leading global banks and insurers.

But we’ve never discussed why we do what we do.

We are excited today to launch our new vision for data’s true calling.

External data’s moment is now

We are at a tipping point :

  • According to McKinsey, 70% of transformation projects fail. Projects involve the layering of complex technologies. High vendor platforms integration costs. Lofty strategic advice that faces massive practical challenges. Enterprises are beyond frustrated by the prohibitive cost of change.
  • The pace of global change is now so fast and generates so much data, that for most use cases external data is far better and more accessible than internal. No longer an afterthought or cost function, to optimize customer workflows, external data comes first.
  • The rise of data access platforms, including Amazon and Snowflake launching data exchanges which is causing a proliferation of available data

Data is NOT the new oil. It’s no longer about proprietary content. Data’s true calling is as a use case value delivery mechanism.

Far better than other approaches, such as installing software or complex program management, data is low friction but flexes to deliver rich insights where it matters, within existing systems and processes.

Know More. Do More.

Enterprises need a better way to deliver use cases. One that unblocks internal friction. One that unlocks the unrealized potential of the data. One that favors knowledge over data. One that prioritizes implementation over perfection. This is what we stand for :

Know more: Knowledge and insight, relevant to the right use cases. Not a data deluge. Our core IP is embedded within the technology that discovers relevant insight in the context of integrated data assets. The right insights to understand end clients, be they businesses or consumers.

Do more: Use cases implemented in production. Operationalization is a consideration from day one. External data as a value delivery mechanism means we can affect the sort of real change in weeks that otherwise take years.

A new chapter

Starting today, we launched in beta our new auto-discovery tool: https://demyst.com/app. Here you will find off the shelf external data-enabled use cases.

Screen Shot 2021-01-27 at 10.01.28 AM.png

In a few clicks, you can get instant insights in seconds. Learn which data affect business outcomes. And collaborate with our team to harness the entire data ecosystem and tailor use cases to your specific needs.

Screen Shot 2021-01-27 at 10.01.41 AM.png

From there, our process will get use cases to production, where they matter, fast. This is where you and your customers win.

As part of our goal to bring friction down to near zero, we’ve also been hard at work building out strategic partnerships with a core strategy of giving you insight into where you already work. This includes pushing data into all the major cloud platforms and CRMs, linking to the market’s best unique identification keys, and connecting in with many AutoML solutions.

We believe “Know more. Do more.” is not just a vision, but a movement. Join us and stop planning and creating complex overly optimized solutions, and start deploying pragmatic and impactful use cases.

Help us help data fulfill its destiny to change the world.