Disclosed is a system for analyzing and structuring data records, wherein the system comprises a server arrangement operable to: extract data records from publicly available data sources; identify a class of each of the data records; analyze one or more parameters related to each of the data records to calculate a data potency score for each of the data records, wherein the one or more parameters that are analyzed for a data record are selected based on the class of the data record; tag the data potency score with data record corresponding thereto; process the data records with corresponding tagged data potency scores into a uniform format; and store the processed data records in a database arrangement as structured data records.