Stats Perform has advocated the International Betting Integrity Association’s (IBIA) call for sports data and betting stakeholders to work together and form a ‘global best practice model’.
This week, IBIA Chief Executive Khalid Ali urged for deeper data-provider collaboration to protect all sports against future threats.
In his statement, Ali detailed that the global pandemic had illustrated the need for sports technology incumbents to ‘uphold the reliability and credibility of sports data as of paramount importance’.
He underlined that all stakeholders will benefit by developing a robust data supply chain ensuring the highest levels of accuracy and transparency.
Responding to the IBIA’s demands, Stats Perform leadership stated that it had consistently advocated for best practice standards to replicated across incumbents.
As leading sports data supplier for North American and European sports, Stats Perform commended the IBIA for instructing its membership to collaborate on critical areas.
Jake Marsh, Head of Integrity, stated: “At Stats Perform, we have the strongest quality assurance and integrity processes in place across the whole data supply chain and have a long-standing collaborative approach with the sport and betting industry, which is reflected by our many partnerships, including our affiliate membership of the IBIA.
“We look forward to working with all their members and other stakeholders on best practices in order to help protect the integrity of sport and betting.”
Of note, Stats Perform highlighted the need for best practices to be established in the fields of risk management and data quality amid a rapidly changing sports scene, as further US states regulate their markets for wagering.
Since its merger last year, which combined the assets of Stats US and Perform Europe, an enlarged Stats Perform has undertaken investment in data quality assurance to the extent that it products ‘carry a premium price point’.
Andrew Ashenden, Stats Perform Chief Betting Officer (pictured above), commented: “Over many years we have invested in unparalleled integrity and quality control infrastructure and that investment continues to be at the heart of our operations.
“Data integrity issues wherever they originate are harmful for the industry and we are looking forward to contributing our expertise via the IBIA and its members on the development of global best practice.
“We have always maintained that collaboration in this space across sporting federations, governing bodies, third party integrity providers, regulators, operators and data suppliers is vital.”