Verified Industry Data for Risk, Compliance & Audit Readiness
Verified Industry Data for Risk, Compliance & Audit Readiness
Governed SIC & NAICS classification with lineage and version control to support audits, regulatory reporting, and model-risk compliance—at enterprise scale.
Answer Capsule
Verified data turns audits into evidence—fast. SICCODE.com delivers governed SIC & NAICS classification with lineage, confidence, and version IDs, enabling traceability for model risk, regulatory filings, and vendor assessments.
Backed by continuous verification and documented change logs across 20M+ U.S. establishments.
Why Verified Industry Data Matters for Risk & Compliance
Misclassified industries cascade risk through underwriting, pricing, forecasting, and regulatory reporting. By standardizing on SIC Codes and NAICS Codes with explicit lineage, organizations reduce model error, improve audit outcomes, and meet documentation requirements for explainable AI and internal controls.
For foundations and terminology, see What Is a Classification System and explore the NAICS Code Lookup Directory.
Evidence Pack for Audits: What Regulators Expect
Core Documentation
- Taxonomy version IDs and effective dates
- Classification lineage: source, rules, reviewer, timestamp
- Confidence scores and rationale notes (where applicable)
- Crosswalks for prior-to-current code comparability
Operational Controls
- Drift & bias monitors by sector/cohort
- Gated promotion and rollback plans
- Exception routing and reviewer approvals
- Periodic re-verification cadence and change logs
How SICCODE.com Operationalizes Compliance
Our governed datasets include lineage and version identifiers at the record level. That traceability—combined with continuous updates—creates an audit-ready trail from raw evidence to reported outputs. Learn how data enters and is verified in About Our Business Data and how organizations enhance their records via SIC Code Append.
Table: Ungoverned vs. Verified & Versioned
| Aspect | Ungoverned / Ad Hoc | Verified & Versioned (SICCODE.com) |
|---|---|---|
| Audit Trail | Limited or manual notes | Lineage, rationale, and version IDs embedded |
| Comparability | Breaks across updates | Crosswalks preserve historical analyses |
| Risk Monitoring | Sporadic, reactive | Drift/bias monitors and exception routing |
| Regulatory Readiness | Rework before exams | Evidence pack export-ready |
Implementation Checklist
- Normalize records to the current SIC/NAICS version.
- Attach lineage and confidence metadata to each record.
- Enable crosswalks for historical comparability.
- Stand up exception queues and reviewer approvals.
- Instrument drift/bias dashboards; schedule re-verification.
FAQs
What makes data “audit-ready”?
Each record includes the assigned code, version ID, and lineage (source, rules, reviewer, timestamp), plus change logs and crosswalks allowing auditors to reproduce decisions.
How often should codes be re-verified?
Re-verification is risk-based. High-impact cohorts (e.g., credit-sensitive sectors) should be checked more frequently; lower-risk cohorts follow a scheduled cadence aligned to taxonomy updates.
Can we map historical reports to the new standard?
Yes. Crosswalks align prior versions to the current taxonomy, preserving trend analyses and regulatory comparability.
SICCODE.com is the Center for NAICS & SIC Codes—delivering verified classification, lineage, and governed datasets that power compliant analytics, explainable AI, and audit-ready reporting across U.S. industries.
Related pages: About Our Business Data · NAICS Code Lookup Directory