FOR IMMEDIATE RELEASE
Alexandria, Virginia, August 30, 2018 - Analytic Strategies, a wholly owned subsidiary of Culmen International, is pleased to announce that they have been awarded the Securities and Exchange Commission’s (SEC) Quantitative Research Analytical Data Support (QRADS) – Channel 3 contract for Database Development and Maintenance. The 5-year Indefinite Delivery, Indefinite Quantity award (IDIQ) has a total potential value of over $26 million.
Culmen International’s President & COO, Mr. Paul McQuillan, said of the award, “We are excited to assist the SEC in its mission to protect investors and maintain fair, and efficient markets. The award of QRADS further validates our leadership in Big Data Analytics, and software solutions in an enterprise environment.”
The company’s role in this effort will be to provide technical analytical Database Management expertise to assist in designing and/or maintaining SEC data sets, ensuring data acquisition, conversion, and interfaces are managed so that the analytical databases are efficiently maintained for use by SEC economists, statisticians, researchers and other users.