Data Standards

Our commitment: every data point on Matchex has a source, a timestamp, and an owner.

Matchex covers 306 entities across public companies, sports franchises, M&A transactions, media rights deals, and institutional investors. This page explains exactly how our data is sourced, how often it’s updated, what you can rely on — and where the limits are.

Data Reliability Tiers

Tier 1API-Verified

Criteria: Pulled automatically from a licensed third-party API on a defined schedule. Self-healing: if a fetch fails, the pipeline retries and logs the failure.

Examples: End-of-day equity prices, financial fundamentals (P/E, market cap, revenue), news headlines.

Tier 2Source-Attributed

Criteria: Manually researched from a single authoritative primary source, with the source name, URL, and as-of date recorded per entity.

Examples: US franchise valuations (Forbes annual list), F1 team valuations (Sportico), verified M&A deal terms (SEC filings, press releases).

Tier 3Research-Derived

Criteria: Compiled from multiple secondary sources by Matchex's research pipeline. High confidence but not verified against a single definitive primary source.

Examples: Institutional investor profiles, private equity portfolio holdings, international franchise valuations where no single authoritative source exists.

Tier 4Estimated

Criteria: Generated from AI synthesis of publicly available information. Used only where no primary or secondary source exists. Directional, not definitive.

Examples: Valuation estimates for smaller private companies, deal terms not publicly disclosed.

Module-by-Module Data Standards

Public Company Prices

Source

EODHD (licensed API, All-World plan)

Coverage

229 of 306 companies (78%)

Update Frequency

End-of-day, every trading day

Reliability Tier

Tier 1 — API-Verified

Private companies (63) do not have publicly traded prices. Some companies on Tokyo and Milan exchanges currently have no EODHD coverage and are flagged as unavailable in the UI.

Company Fundamentals

Source

Financial Modeling Prep (FMP, licensed API)

Coverage

235 of 306 companies have market cap data (80%)

Update Frequency

Weekly (every Sunday)

Reliability Tier

Tier 1 — API-Verified

Private companies do not have publicly reported fundamentals and display N/A.

US Franchise Valuations

Source

Forbes annual franchise valuations (primary); Sportico (cross-validation)

Coverage

124 of 124 US professional franchises (100%)

Update Frequency

Annually — NFL (August), NBA (October), MLB (March), NHL (November)

Reliability Tier

Tier 2 — Source-Attributed · Dual-source validated

Valuations reflect the most recent Forbes publication with independent Sportico cross-validation for all 124 US franchises. The Forbes/Sportico delta is displayed on each franchise detail page to surface methodology differences.

International Franchise Valuations

Source

Deloitte Football Money League, KPMG Football Benchmark, Sportico, press coverage

Coverage

~96 international franchises; ~65% source-attributed

Update Frequency

Annually

Reliability Tier

Tier 2–3 (varies by entity)

European soccer clubs with published Deloitte or KPMG valuations are Tier 2. Clubs without a published valuation are Tier 3 estimates. Confidence badges distinguish them.

M&A Transactions

Source

SEC filings, company press releases (primary); Sports Business Journal, Reuters (secondary)

Coverage

153 deals on platform

Update Frequency

Ongoing — new deals added within 5 business days of announcement

Reliability Tier

Tier 2–3

Verified deals have a linked primary source. Unverified deals are clearly labeled. Deal values marked “undisclosed” reflect actual non-disclosure, not a data gap.

Media Rights Deals

Source

Sports Business Journal, official league announcements, company IR filings

Coverage

41 deals

Update Frequency

As announced; reviewed quarterly

Reliability Tier

Tier 2 — Source-Attributed

Annual value calculations for multi-year deals divide total deal value by contract length. Expired contracts are flagged.

Institutional Investors

Source

Company websites, SEC 13D/13G filings, LinkedIn, press coverage

Coverage

138 investors; AUM figures for ~80%

Update Frequency

Quarterly

Reliability Tier

Tier 3 — Research-Derived

AUM figures can lag actual AUM by 6–12 months and should be treated as directional.

Insider Transactions

Source

SEC EDGAR Form 4 filings (direct API, no third-party intermediary)

Coverage

229 US-listed companies

Update Frequency

Daily (weekdays, 6:00 AM UTC)

Reliability Tier

Tier 1 — API-Verified

Insider buys, sells, awards, exercises, and dispositions are pulled directly from SEC EDGAR Form 4 XML filings. Transactions are deduplicated by accession number and matched to Matchex companies by ticker. Available to Pro and Enterprise subscribers.

Stadium Bonds (Municipal Finance)

Source

MSRB EMMA (Electronic Municipal Market Access), bond offering documents

Coverage

7 stadiums with detailed bond issuance data (13 individual bond series)

Update Frequency

As issued; reviewed quarterly

Reliability Tier

Tier 2 — Source-Attributed

Individual bond issuances (CUSIP-level) linked to stadiums in the Stadium Finance database. Includes par amounts, coupon rates, credit ratings, tax status, and security types. Data sourced from MSRB EMMA public filings.

Private Company Valuations

Source

Press coverage of funding rounds, M&A transactions, investor disclosures

Coverage

63 private companies; ~35% have a documented valuation source

Update Frequency

As reported

Reliability Tier

Tier 3–4 (varies)

Where a valuation is documented from a transaction, we display it with source and date. Where none exists, we display a range from comparable public company multiples, labeled as estimated.

Update Schedule

Data CategoryUpdate Frequency
Equity pricesDaily (post-market, every trading day)
Company fundamentalsWeekly (every Sunday)
Sports newsEvery 2 hours
NFL franchise valuationsAnnually (August — Forbes)
NBA franchise valuationsAnnually (October — Forbes)
MLB franchise valuationsAnnually (March — Forbes)
NHL franchise valuationsAnnually (November — Forbes)
European soccer revenuesAnnually (January — Deloitte)
F1 team valuationsAnnually (November — Sportico)
Insider transactionsDaily (weekdays, from SEC EDGAR Form 4)
M&A dealsOngoing (within 5 business days of announcement)
Stadium municipal bondsAs issued; reviewed quarterly (MSRB EMMA)
Investor profilesQuarterly review

Found an error? Tell us.

If you find a data error, we want to know. Email data@matchex.io with the entity name, the field in question, and your source. We review all correction requests within 48 hours and publish a correction log monthly.

Our policy: when a confirmed error is found, we correct it within 24 hours, document the root cause, and update our validation process to prevent recurrence.

Our Data Providers

Matchex licenses data from the following providers:

  • EODHD — end-of-day equity prices and historical market data
  • Financial Modeling Prep (FMP) — company fundamentals and financial statements
  • Finnhub — financial news aggregation
  • BITA — thematic scoring methodology and sub-theme classification
  • SEC EDGAR — Form 4 insider transaction filings (free public API)
  • MSRB EMMA — municipal bond issuance data for stadium public financing (free public access)

Franchise valuations, deal data, and investor profiles are sourced through primary research. Matchex does not redistribute raw API data; all data is transformed, contextualized, and presented within the Matchex platform.

What We Don’t Claim

Matchex is a research and analytics platform, not a real-time financial data terminal.

  • Equity prices are end-of-day. We do not provide intraday or real-time pricing.
  • Private market coverage is limited to publicly reported transactions and estimates.
  • Franchise valuations are updated annually in line with source publication schedules.
  • Investor AUM figures may lag by up to 12 months from actual current figures.

Data on this platform should be used for research, analysis, and context — not as the sole basis for investment decisions.

See our full Terms of Service and Investment Disclaimer