SOURCES SOUGHT
D -- MARKET INFORMATION DATA ANALYTICS SYSTEM - MIDAS RFI and Draft SOW
- Notice Date
- 3/28/2017
- Notice Type
- Sources Sought
- NAICS
- 541511
— Custom Computer Programming Services
- Contracting Office
- Securities and Exchange Commission, Office of Acquisitions, Office of Acquisitions, 100 F Street, NE, MS-4010, Washington, District of Columbia, 20549, United States
- ZIP Code
- 20549
- Solicitation Number
- RFI-17-MIDAS
- Archive Date
- 4/20/2017
- Point of Contact
- Melissa Rivera-Weedin, Phone: 2025517313, Takela Morris, Phone: (202) 551-7483
- E-Mail Address
-
riveraweedinm@sec.gov, morrist@sec.gov
(riveraweedinm@sec.gov, morrist@sec.gov)
- Small Business Set-Aside
- N/A
- Description
- Draft MIDAS Statement of Work REQUEST FOR INFORMATION FOR U.S. SECURITIES AND EXCHANGE COMMISSION MARKET INFORMATION DATA ANALYTICS SYSTEM (MIDAS) RFI-17-MIDAS NAICS: 541511 (Custom Computer Programming Services) I. INTRODUCTION The U.S. Securities and Exchange Commission (SEC or Commission) is requesting capability statements from all interested contractors, in particular small businesses. Information received will be used to obtain information regarding the availability and capability of small businesses (e.g., 8(a), small disadvantaged businesses, veteran-owned small businesses, HUBZone small businesses, women-owned small businesses, and small businesses) to provide the services described in the attached draft Statement of Work. The SEC will use the information received to determine if the work described herein will be set-aside for small business or if the work should be competed on an unrestricted basis. This notice is for INFORMATIONAL PURPOSES ONLY. This is not a Request for Proposal (RFP) and does not commit the SEC to award a contract now or in the future. As such, the government is not obligated to pay for any information received in response to this notice. II. BACKGROUND The SEC is an independent Federal agency established pursuant to the Securities Exchange Act of 1934. The mission of the SEC is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. In connection with this mission, the SEC is seeking information on capabilities from Contractors with proven market data collection, processing, and analysis solutions to assist SEC staff's review and analysis of real-time and historic market data disseminated by all active U.S. public exchange propriety feeds ("prop feeds") and Securities Information Processors (SIPs). The Commission is seeking information about solutions that can amass order and trade data from the various trading venues as well as capabilities to help the SEC staff access and analyze equity and options order and transaction data. SEC users currently utilize the MIDAS system to review and analyze intraday market data dating back to 2008 and current data with a delay of 15-minutes. MIDAS data provides a full depth-of-book view of each publicly traded security provided by a collection, time stamping, aggregation, and other normalization processing service of the prop and SIP feeds. MIDAS provides users with a fully supported platform with three primary end user access points: 1. Access to data through a high-performance Linux operating system with Python Anaconda libraries to support our sophisticated data scientists. This platform allows users to write programs/scripts to support their research projects. 2. Jupyter Notebook to support collaborative programming across the Commission. 3. An easy-to-use website to support analysts who do not possess programming skills. MIDAS also provides sophisticated analytics against the data to include visualization of a security's order book, pre-built and ‘on the fly' interval datasets which users can customize by time interval, venue, and other values (i.e., price, volume, and bid/ask size). These analytics are available to users through each access point. For more information about MIDAS, read about on the SEC.gov Market Structure website at https://www.sec.gov/marketstructure/midas.html III. DESCRIPTION The SEC seeks information regarding proven market data services and related platform solutions for SEC end users to perform analysis of market data. The solution should provide five primary elements: 1. Data: Near real-time collection of U.S equity and options proprietary data feeds, the SIPs including OPRA, CME, and daily Trade and Quote (TAQ) files. This platform needs to collect, time stamp and store every message, including admin messages, disseminated by the feeds including order type, price, ticker, volume, and other message data elements. The platform needs to normalize each feed so users can uniformly analyze it. 2. Platform/Environment: Applications providing users with various technical levels, ranging from non-technical analysts to sophisticated data scientists, access to market data. The SEC needs fully supported, high performance solutions. In addition, many SEC data scientists leverage Python programming language and the Jupyter Notebook. 3. Analytics: Tools to enrich the presentation of voluminous market data to enhance users' ability to understand, identify trends, and effectively analyze the data. The SEC needs fully supported, high performance tools. These tools need to include an interactive visualization of a ticker's order book, an aggregation of data into user defined time intervals, and attach the National Best Bid/Offer to a message. 4. Sandbox: Co-located in the same environment as Platform/Environment and Analytics parts of the solution, the sandbox needs to support the engineering of possible solutions to enhance applications and tools, or access to new types of data. The SEC needs a fully supported, high performance environment. The SEC may also need engineering support services to design and deploy new applications, tools, or access to data. 5. Support: The SEC needs fully supported data, applications, and tools to include help desk, training, user guides, project management, enhancements, and engineering. IV. SUBMISSION OF RESPONSE Submit responses to this RFI no later than 4:00 PM EST, Wednesday, April 5, 2017 to Melissa Rivera-Weedin, riveraweedinm@sec.gov, and Takela Morris at morrist@sec.gov. Responses to all or part of the RFI will be accepted. Proprietary information shall be clearly marked. Responses shall not exceed 10 pages. The Government will NOT be responsible for any proprietary information not clearly marked. Responses should include, at a minimum, the information identified in each of the following: 1. Business Information: a. Company Name; b. Company Address; c. Company Point of Contact (Name, Phone, E-mail Address) d. DUNS Number; and e. Current GSA or GWAC contract(s) and/or schedules(s) that you possess which are appropriate to this Request for Information. f. Does your organization have a Government approved accounting system? If so, please identify the agency that approved the system; g. Type of company (e.g., small business, 8(a), veteran-owned small business, service­ disabled veteran owned small business, HUB Zone small business, small disadvantaged business, and women owned small business) as validated via the System for Award Management (SAM); and h. Identify your organization NAICS code for this requirement and whether or your organization is considered a small business under the applicable NAICS code. 2. Please specify the details of how your platform collects the data feeds and provides an accurate time stamp to each message. 3. Please specify the source of the data, together with any information on restrictions/limitations on use, reuse or redistribution, in particular, specify whether the data is from: a. The consolidated tape, (i.e., reported through SIP and OPRA); b. A proprietary data product offered by the exchanges; and c. Non-public sources (i.e., records from a market participant). 4. Please provide information about the challenges associated with, and your proposed solutions to addressing the challenges for: a. Accessing trade level data and order book data; b. Establishing the time of such trades and orders; c. Cleaning these data; d. Storing these data in a form that makes them readily available for analysis; e. Applying standard tools of analysis, such as clustering and partitioning the data, and applying operations such as averaging or regression analysis to the data, either directly or once recast in intervals; f. Performing queries and analytics against large data sets that are measured in petabytes; g. Scaling compute resources to coincide with users demand; and h. Security. 5. Discuss the technology requirements for your proposed solution. This may include: a. Information about the platforms, networking capabilities, databases, implementation processes, configuration options, and hardware requirements; b. Third-party data dependencies, feed requirements, and licensing; c. The ability for the SEC to securely use proprietary data within your solution; d. Available end user and technical training and support services; and e. Licensing methods. 6. This RFI reflects the minimum functionality the SEC seeks. Respondents are encouraged to provide information on alternative and innovative solutions, functions, and designs, particularly if a respondent thinks it would produce superior results. This might include the flexibility to collect, store, and analyze non-displayed equity market order data available to only to exchanges and regulators. 7. RFI respondents must respond in the form of a Capability Statement that addresses: a. The solution's ability to fulfill the above functionality; b. Your company's profile and experience in providing these types of solutions, if any; and c. Any other relevant information that would enhance the staff's understanding of the information submitted. Also, please indicate in your response the ability to provide capabilities with commercial off the shelf software. 8. The attached draft Statement of Work (SOW) describes the work required of the MIDAS contractor. Please provide feedback on technical information that should be included or excluded based on industry practices for the requested solution. Identify areas of ambiguities, limitations, or inconsistencies that could prevent a prudent contractor from providing an adequate response to the work required.
- Web Link
-
FBO.gov Permalink
(https://www.fbo.gov/spg/SEC/OAPM/PCB/RFI-17-MIDAS/listing.html)
- Place of Performance
- Address: 100 F STREET NE, Washington, District of Columbia, 20549-2000, United States
- Zip Code: 20549-2000
- Zip Code: 20549-2000
- Record
- SN04450537-W 20170330/170328235722-2bf59a1c43be40d40a07a7301b080a2e (fbodaily.com)
- Source
-
FedBizOpps Link to This Notice
(may not be valid after Archive Date)
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