Delpha trusted sources for Ultimate Parent

Delpha identifies each company’s Ultimate Parent by automatically analyzing trusted sources like websites, registries, filings, and press releases with LLM.

Sources of Truth for Ultimate Parent Recommendation

Delpha determines the Ultimate Parent of a company by cross-checking multiple trusted and verifiable sources.

All these sources are automatically analyzed by specialized LLMs , which interpret and consolidate the information to produce a reliable recommendation.

Below, the Delpha Source Hierarchy (Strict Priority Order):

  1. Company Website (Direct Digital Footprint):

    1. Logic: The primary signal of commercial identity. Delpha’s agents analyze the entity’s self-declared affiliation and branding to determine if it presents itself as an independent operator or a subordinate unit.

  2. Global Brand Websites (Commercial Network Verification):

    1. Logic: Validating the operational link by checking if the subsidiary is officially listed within the parent’s commercial ecosystem (e.g., location finders, brand portfolios), which confirms shared infrastructure.

  3. Press Releases (Strategic Announcements):

    1. Logic: M&A activity dictates operational change.

    2. Rule A: News < 3 years old is Primary Evidence (recent acquisitions often imply active integration efforts).

    3. Rule B: News > 3 years old is Secondary Evidence (valid only if not contradicted by Source 1 or 2, ensuring divested units are not incorrectly linked).

  4. Securities Filings (Regulatory Disclosures):

    1. Logic: Used to resolve ambiguity in complex structures (e.g., 10-K filings), distinguishing between operational subsidiaries and purely financial “Variable Interest Entities.”

  5. Official Business Registries (Legal Baseline):

    1. Logic: The “Fail-Safe.” Used only when commercial sources (1-4) are silent. This ensures that legal shells are only used as a parent of last resort when no commercial parent can be identified.

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