Altrata Enhances Wealth Intelligence Dataset with Over 2 million Profile Updates

Data expansion remains a priority for the new people intelligence brand

NEW YORK, Sept. 28, 2022 /PRNewswire/ -- Altrata, the global leader in people intelligence on the world's most influential individuals, announced several significant expansions to its wealth database. More than 2 million profiles were added or enhanced with new investments, connections, career history, donations, and private foundation details.

Altrata's commitment to growth and innovation continues, following the appointment of Keya Hammond as Chief Innovation Officer. Critical data integrations are underway and expansion efforts like this are designed to deliver more client value.

Led by Wealth-X's Data Strategy team, this expansion focused on individuals who are very high net worth (VHNW, $5 - $30 million) and ultra high net worth (UHNW, $30 million+). All updates can be found in the Wealth-X database.

Expansion efforts include:

More than 2,200 profiles were added or enhanced with details on club and board positions, private foundation association, contact details, known associates and family connections. Total assets, total giving and income were also added to these profiles.

Insider shareholders are directors or major shareholders of public companies who are required to disclose the number of shares they own in those companies and any transactions in those companies' stock to regulators.

More than 5,000 new profiles were added on public company insider shareholders who have declared a new shareholding since the last update.  These profiles were enriched with career history, board positions, business contact info, shareholdings as assets, and fellow board members as known associates.

Moe than 2,600 new profiles were added on private aircraft owners and controllers. Existing profiles were also updated to reflect private aircraft depreciation as well as their career history, business contact information, knows associates, interests, passions and hobbies.

Nearly 400 VHNW and UHNW PE, Hedge Fund and VC partners were added to Wealth-X. More than 1,200 fund ownership stakes worth $12.6 billion were added to the Wealth Analyses of new and existing profiles. Profiles were also updated with business contact address and phone number, career history, clubs & boards, business bio, fund ownership stake values and wealth analysis.

More than 184,000 profiles were updated with 687K verified philanthropic gifts worth between $48 billion and $66 billion. There was a 48% increase in philanthropic entries since the last update and the Wealth-X database has expanded to 2.12 million donation records.

More than 118,000 profiles were updated with 1.1 million political donations made since the second half of 2021. The total value added is close to $2 billion in total donations for U.S. federal political candidates and committees.

More than 102,000 profiles in Wealth-X have been enhanced with BoardEx Data.  BoardEx, another Altrata company, includes profiles and professional network connections for more than 1.6 million people across the globe. Wealth-X profiles were enhanced with career history, club and board positions. More than 125,000 profiles were updated to reflect recent role changes. 

Additional updates were made to the Wealth-X database including:

• Cryptocurrency and NFT interests and holdings
• Updates to the profiles of spouses of billionaires including education, history and giving pledges
• Profiles added in new regions based on client requests, including more than 250 individuals in Puerto Rico
• Professional athlete profiles updated with career history, salaries and bonuses, hometown, alternative name, education history, social media (Twitter and Instagram), agents, interests, passions and hobbies

Learn more about Altrata's wealth intelligence powered by Wealth-X here. 

Altrata is a global leader in people intelligence. It includes more than 100 million profiles on wealthy individuals around the world and more than 12 million profiles on senior decision makers, board members and c-suite leaders. Altrata provides intelligence on the people who are most impactful to our clients' success. 

Advanced integration solutions allow deeper insights and access to billions of connections helping clients close more deals, manage risk, and identify up and coming talent quickly. Our data is actionable, accurate, and comprehensive. Powered by a global team of more than 400 researchers who are committed to maintaining millions of profiles and changing data points, so you can effectively engage and make meaningful, lasting connections.   

Altrata is comprised of five distinct offerings: BoardEx, Boardroom Insiders, RelSci, WealthEngine, and Wealth-X.

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SOURCE Altrata