debt_leverage_profile
0.70x Total Debt / Equity (Moderate leverage)
High
SEC-XBRL
interest_rate_sensitivity
High
Medium
SEC-10K 0001571949-26-000004
geopolitical_supply_exposure
Medium intensity; China's 2025 export-licensing regime on rare-earth magnets and battery-grade graphite is the live chokepoint for auto and EV production, compounded by US Section 232 tariff expansion on steel, aluminum, and copper that repriced the sector's core metal inputs in 2025-2026.
Medium
GICS-commodity-overlay-v2
supply_chain_dependency
Moderate
Medium
SEC-10K 0001571949-26-000004
international_expansion_readiness
High
Medium
SEC-10K 0001571949-26-000004
geographic_footprint
Global with U.S./U.K. concentration
Medium
SEC-10K 0001571949-26-000004
commodity_exposure_profile
Medium intensity; commodities: steel, aluminum, petrochemical resins/plastics, copper, lithium and battery-grade materials (nickel, graphite), lumber, cotton; geopolitical: China's 2025 export-licensing regime on rare-earth magnets and battery-grade graphite is the live chokepoint for auto and EV production, compounded by US Section 232 tariff expansion on steel, aluminum, and copper that repriced the sector's core metal inputs in 2025-2026.
Medium
GICS-commodity-overlay-v2
vendor_lock_dependency_score
Moderate
Medium
SEC-10K 0001571949-26-000004
business_model_type_primary
Marketplace (exchange/clearing) + SaaS + Data/Analytics
Medium
SEC-10K 0001571949-26-000004
business_model_type_secondary
Network/connectivity platform
Medium
SEC-10K 0001571949-26-000004
switching_cost_profile
High
Medium
SEC-10K 0001571949-26-000004
howey_test_risk_index
Low
Medium
SEC-10K 0001571949-26-000004
regulatory_burden_tier
Medium
Medium
GICS-regulatory-overlay-v1
data_sovereignty_risk
High
Medium
SEC-10K 0001571949-26-000004
antitrust_exposure_flag
Yes
Medium
SEC-10K 0001571949-26-000004
regulatory_exposure_profile
Medium burden; regimes: FTC, CPSC, NLRB, CFPB, GDPR, SEC; Evolving consumer protection and data-privacy rules squeeze retail margins.
Medium
GICS-regulatory-overlay-v1
revenue_model_type
Mixed: subscription + transactional + licensing
Medium
SEC-10K 0001571949-26-000004
monetization_vector
Recurring subscriptions + per-transaction fees + licensing
Medium
SEC-10K 0001571949-26-000004
pricing_architecture
Tiered/usage-based hybrid
Medium
SEC-10K 0001571949-26-000004
pricing_power_rating
Strong
Medium
SEC-10K 0001571949-26-000004
target_gross_margin_bracket
65-70% blended gross margin; exchange/data segments ~75-80% gross margin; mortgage technology segment dilutes to ~55-60%; improving as software mix grows
Inferred
Agent_Inference
churn_vulnerability_index
Low
Medium
SEC-10K 0001571949-26-000004
headcount_cost_structure
85.7% OpEx / Revenue (High Cost Structure)
High
SEC-XBRL
marginal_cost_of_growth
39.6% OpEx as % Revenue (Linear/Manual)
High
SEC-XBRL
franchise_compliance_risk
N-A
Medium
SEC-10K 0001571949-26-000004
customer_acquisition_metric
Direct sales and network effects; cross-selling across segments
Medium
SEC-10K 0001571949-26-000004
network_effect_present
Yes
Medium
SEC-10K 0001571949-26-000004
asset_efficiency_ratio
3.2% Return on Assets (Excellent)
High
SEC-XBRL
recession_resistance_tier
Mixed
Medium
SEC-10K 0001571949-26-000004
customer_segment_primary
Enterprise/Institutional
Medium
SEC-10K 0001571949-26-000004
customer_segment_secondary
Government
Medium
SEC-10K 0001571949-26-000004
characteristic_occupations
["11-0000 Management Occupations", "13-0000 Business and Financial Operations Occupations", "15-0000 Computer and Mathematical Occupations", "23-0000 Legal Occupations", "25-0000 Educational Instruction and Library Occupations", "27-0000 Arts, Design, Entertainment, Sports, and Media Occupations", "35-0000 Food Preparation and Serving Related Occupations", "39-0000 Personal Care and Service Occupations", "41-0000 Sales and Related Occupations", "43-0000 Office and Administrative Support Occupations", "49-0000 Installation, Maintenance, and Repair Occupations", "51-0000 Production Occupations", "53-0000 Transportation and Material Moving Occupations"]
High
SOC-2018/GICS-overlay
agent_automatable_labor_share
0.22 (HIL — ~22% of characteristic roles agent-automatable)
Medium
SOC-2018 + agentic-exposure-v2
capital_expenditure_profile
3.0% CapEx / Revenue (Low-CapEx Asset-Light)
High
SEC-XBRL
sec_cik
0001571949
High
SEC-EDGAR
ticker
ICE
High
SEC-EDGAR
Filings_Dog_Scope
antitrust_exposure_flag,business_model_type_primary,business_model_type_secondary,churn_vulnerability_index,customer_acquisition_metric,customer_segment_primary,customer_segment_secondary,data_sovereignty_risk,franchise_compliance_risk,geographic_footprint,geopolitical_supply_exposure,headcount_cost_structure,howey_test_risk_index,interest_rate_sensitivity,international_expansion_readiness,marginal_cost_of_growth,monetization_vector,network_effect_present,pricing_architecture,pricing_power_rating,recession_resistance_tier,regulatory_burden_tier,revenue_model_type,supply_chain_dependency,switching_cost_profile,vendor_lock_dependency_score
High
SEC-10K 0001571949-26-000004
insider_buys_6m
0
High
SEC-Form4 0001193125-26-393127..0001193125-26-228986
insider_sells_6m
27
High
SEC-Form4 0001193125-26-393127..0001193125-26-228986
insider_net_shares_6m
-70486
High
SEC-Form4 0001193125-26-393127..0001193125-26-228986
insider_last_transaction_date
2026-09-14
High
SEC-Form4 0001193125-26-393127..0001193125-26-228986
Insider_Dog_Checked
2026-10-03T13:55|activist_13d_count_1y,activist_last_13d_date,blockholder_13g_count_1y,insider_buys_6m,insider_last_transaction_date,insider_net_shares_6m,insider_sells_6m
High
SEC-Form4 registry
activist_13d_count_1y
0
Medium
SEC-13D/G registry, subject-verified
blockholder_13g_count_1y
3
Medium
SEC-13D/G registry, subject-verified
activist_last_13d_date
none in window
Medium
SEC-13D/G registry, subject-verified