BASKING RIDGE, N.J., Nov. 20, 2014 /PRNewswire/ -- Applied Communication Sciences (ACS) has been awarded a contract by the U.S. Securities and Exchange Commission (SEC) to incorporate advanced analytics into the monitoring of trends and risks in financial markets.
The contract's six new task orders are a part of the SEC's Quantitative Research Analytical Data Support (QRADS) program which supports the agency's Division of Economic and Risk Analysis, created in 2009 to integrate financial economics and rigorous data analytics into the core activities of the SEC.
The new work draws on the deep experience ACS has in data modeling, text and data analytics, statistical programming and project management.
The QRADS work has a total estimated maximum ceiling of $67M over 5 years.
About Applied Communication Sciences (ACS)
Drawing on its Bell Labs heritage, Applied Communication Sciences delivers advanced research, consulting and engineering to enable government agencies, telecom carriers and commercial enterprises to fully exploit the future of communications, data analytics and cyber security. ACS (incorporated as TT Government Solutions, Inc.) is headquartered in Basking Ridge, NJ, and is a wholly-owned subsidiary of Vencore, Inc. For more information about Applied Communication Sciences, visit www.appcomsci.com.
SOURCE Applied Communication Sciences