Some companies might have subsidiaries within their organization, as depicted in their ratings tree.
- Only subsidiaries that have an externally observable network footprint appear in the platform; companies that do not have a network footprint, are not represented in the ratings tree.
- Many companies can have wholly owned legal entities and subsidiaries that do not have a network footprint, which do not appear in the platform.
Subsidiary Criteria
A subsidiary is classified as a separate company when it has its own unique, non-redirecting domain and it meets any one of the following criteria:
Once the hierarchy has been established, relevant CIDR blocks are assigned to their respective companies in the ratings tree.
Wholly Owned
The company is 100% wholly owned by the parent company; wholly owned relationships are captured in our databases as subsidiary relationships.
≥50.1% Owned & Publicly Verified
By request, companies that are ≥50.1% owned can be considered if it can be verified via a public financial statement. No communication from the rest of the organization is required. See the acceptable accounting standards.
0% Owned with Statements from the Parent & Subsidiary
An admin from each the parent and subsidiary can reach out to Bitsight Support stating the company relationship:
As the parent:
I request that{subsidiary name}
to be identified as a subsidiary of{parent name}
even though it is not 100% owned. I understand that this is likely to have an impact on the Bitsight rating of{parent name}
.
As the subsidiary:
As the{role/job title}
of{subsidiary name}
, I request that{subsidiary name}
to be identified as a subsidiary of{parent name}
.
- January 30, 2024: Identify relationship via a statement from the parent and subsidiary.
- September 7, 2021: Published.
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