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SOCAN launches new services business Dataclef

By | Published on Tuesday 23 October 2018

SOCAN

A recent trend in the not-always-necessarily-dull world of collective licensing has been certain collecting societies launching new divisions or businesses that provide an assortment of rights management and royalty processing services to other collecting societies. And also directly to music publishers, songwriters and other rights owners, beyond the usual licensing and royalties gubbins societies do for their members, and often beyond the confines of each society’s home territory, where their focus would traditionally have been.

Canadian performing rights organisation SOCAN has been one of those societies, and yesterday it announced the launch of a new “services arm” called Dataclef.

That new business will, and I quote, empower “customers to thrive in the hyper-competitive modern music industry with revolutionary, fully-customisable service suites that simplify complex back-office and technology tasks”. And if you enjoyed that sentence, note that the Dataclef Suite will allow rights-holder customers to “unlock maximum back office ROI with flexible and infinitely scalable multi-territory, multi-right licensing and royalty tools”.

“Dataclef is a milestone for SOCAN and the music industry on a global level”, says the society’s chief Eric Baptiste. “For the first time ever, organisations can go to one place for state-of-the-art licence administration, worldwide reporting, and intelligent royalty tracking and delivery, improving their efficiency and bottom-line to return superior results”.

An early client of Dataclef is the Indian Performing Rights Society, which will receive so called back office services from SOCAN’s new business.

It’s Chairman Javed Akhtar confirmed the tie-up, saying: “IPRS is excited to work with Dataclef to leverage their data and systems for maximised efficiency and royalty delivery to our members. Dataclef’s revolutionary systems and database are unlike anything we’ve had access to before. We anticipate many years of mutual success working with their impressive technology and team”.



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