Company will have the opportunity to expand its current big data development services to the Securities and Exchange Commission (SEC).
INODE was awarded an Indefinite Delivery Indefinite Quantity (IDIQ) contract under the second generation Quantitative Research and Analytical Data Support (QRADS) Program to provide big data management and analytical support services to the SEC, including to their current SEC client, the Division of Economic and Risk Analysis (DERA). The multiple-award contract has a ceiling value of approximately $26.4 million over a 5-year period of performance and will provide data services within QRADS Channel 3 (Database Development and Maintenance.)
The objectives of the QRADS contract are to provide enterprise analysis, analytical software, tools, dashboards, reports and analytical data support to SEC customers while increasing the SEC’s capacity to provide quantitative reports and analytical solutions based on methods and models developed by financial economists.
INODE has successfully supported SEC DERA since October 2016 with big data development solutions. Together with QRADS teammates GreenZone Solutions and Booz Allen Hamilton, INODE looks forward to continuing to evolve and enhance the SEC’s ability to provide data services to enable quick turnaround of high quality data sets for analytical purposes across the Commission.