SEC taps Guident for tech upgrade
- By Rutrell Yasin
- Dec 11, 2007
The Securities and Exchange Commission has awarded a $3.1 million contract for technical support services to Guident Technologies, an integrator of business intelligence and data-warehousing solutions.
Guident will upgrade and migrate the SEC's business intelligence systems to Business Objects' most recent platform. Business intelligence software allows managers to track, understand and manage information to make more informed decisions. They can group information together, measure it, give end users access to it and share information changes.
To further its mission of protecting investors and maintaining fair and efficient markets, the SEC must gather, store and manage large amounts of data. As a result, it must ensure that its systems are up-to-date, mitigating the risk of technology obsolescence, said Teddy Matheu, an executive vice president at Guident.
To that end, Guident is upgrading the SEC's current platform by deploying BusinessObjects XI Release 2 and Crystal reporting tools agencywide. BusinessObjects XI is a complete suite of performance management, information management, reporting, and query and analysis tools.
Guident is responsible for analyzing system requirements, designing the technical architecture, developing user interfaces, testing and training.
The company is working on projects for a number of federal agencies, including the General Services Administration, Environmental Protection Agency, Food and Drug Administration, and Government Printing Office.
Rutrell Yasin is is a freelance technology writer for GCN.