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But while the Fed needs to be audited substantially, creating an independent data institute to monitor the Fed's monetary and financial data would be better than expanding a Government Accountability Office audit.
This center will include a big data institute, which is currently under development.
Universities with a data science department, or any kind of data institute for that matter, are a good place to start.
It even funds an Open Data Institute based – inevitably – in Shoreditch.
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The European Union has committed €14.4m (£11m) towards open data with projects and institutions lead by the Open Data Institute (ODI), Southampton University, the Open University and Telefonica.
According to the Open Data Institute (ODI), open data is a relatively new and largely untapped resource in Russia.
Nigel Shadbolt, the chairman of the Open Data Institute, says open data can be vital in life-threatening situations.
The government has published its plans on establishing an Open Data Institute in East London to drive economic growth and promote the use of public data.
That was the mantra for the Open Data Institute, a unique experiment in promoting, via a non-profit, non-partisan company, the benefits of making data more usable.
PiC's innovative approach was recently recognised and awarded £50,000 in the Open Data Challenge Series, a competition run by the Open Data Institute and Nesta.
Gavin Starks of the Open Data Institute says that 2013 is to open data as 1993 was for the internet – people are experimenting with what is possible.
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