Public procurement notice: Contract Notice
Published: 2017-02-14
Buyer: Finanstilsynet (Danish Financial Supervisory Authority)
Country: DK
Region: DANMARK
Contract type: Services
Procedure: Restricted procedure
CPV classification: 72000000 | 72200000 | 72600000
Estimated value: 17000000 DKK
Submission deadline: 2017-03-13
Award criteria: The most economic tender

Technical requirements: Υπηρεσίες τεχνολογίας των πληροφοριών: παροχή συμβουλών, ανάπτυξη λογισμικού, Διαδίκτυο και υποστήριξη
Finanstilsynet (DFSA) intends to obtain a market surveillance and analysis IT-system for surveying securities markets, which will enable DFSA to meet its obligations regarding market surveillance under EU legislation (the System). The System must accommodate large amounts of data, in different types and from different sources and must be scalable, user-friendly, able to detect and support investigation into market abuse and set up alarms based on patterns in the data.
The purpose of this procurement is to obtain a market surveillance and analysis IT-system for surveying securities markets. The main purpose of the System is to ensure the processing of large amounts of trade data and to increase the efficiency in detecting and investigating potential market abuse.
Today, the DFSA operates TRACEII, a surveillance system developed in 2007. At present, the DFSA receives 8-12 000 000 TRS reports and 40-60 000 000 order book events such as bids, offers and trades per month.
The DFSA intends to obtain a standard system, which is able to handle an increasing amount of data, and meet the new requirements to TRS and order book data under MiFID II/MiFIR from 3.1.2018.
— surveying instruments, clients, brokers and their market shares in the instruments where DFSA is the competent authority.
The supplier shall deliver a market surveillance and analysis IT-system for surveying securities markets, which will enable DFSA to meet its obligations regarding market surveillance under EU legislation. The Supplier shall make sure that the System is configured to support the DFSA's business needs. The System shall be a well-established, tried and tested standard software system for securities market surveillance purposes similar to the use intended by the DFSA.
o The daily use of the System should be efficient, and be able to handle multiple simultaneous users.
o The System must be scalable in order to handle future requirements regarding increasing amounts of data received from external data sources, without any impact on the performance of the System.
o All the required source data are imported and can be combined in various ways for the investigation of market abuse.
o The System supports the DFSA's compliance with new regulation MiFID II/MiFIR when it takes effect on 3.1.2018.
The System will be part of a system landscape and will have integrations to other IT-systems. The supplier must make sure that the following internal and external Source Data are integrated with the System:
4. Order book data from other market places. The System should support ad hoc manual import of order book data from other trading venues e.g. BATS Chi-X.
The Supplier shall deliver configuration and development services after implementation. The supplier shall provide advice to the DFSA with regards to new configuration and development, including new integrations, configuration needed to comply with new legislation and development of new alarms needed by the DFSA.
The supplier shall deliver support and maintenance services, which include preventive maintenance, implementation of new releases and versions, correction of faults, education of users of the System and providing a help desk, which shall deliver technical support in respect of the System.


Award value: 17000000