IARPA to brief industry on financial intelligence analysis initiative during 14 July industry day

WASHINGTON, 19 June 2011. The Intelligence Advanced Research Projects Activity (IARPA) will host industry briefings 14 July to outline a new initiative to develop tools to help intelligence analysts sift through massive amounts financial data quickly to pinpoint information relevant to national security. IARPA officials expect to develop tools involving mathematical and behavioral modeling for investment analysis, financial engineering, applied mathematics, computer science, and statistics.

Jun 19th, 2011
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WASHINGTON, 19 June 2011. The Intelligence Advanced Research Projects Activity (IARPA) will host industry briefings 14 July to outline a new initiative to develop tools to help intelligence analysts sift through massive amounts financial data quickly to pinpoint information relevant to national security. IARPA officials expect to develop tools involving mathematical and behavioral modeling for investment analysis, financial engineering, applied mathematics, computer science, and statistics.The proposers day industry briefings will be from 8:30 a.m. to 4 p.m. 14 July in the Washington, D.C. area. Register for the industry day no later than 8 July 2011 to receive the event location, directions, lodging, and other information.IARPA officials want to emulate the utility of financial industry's financial analysis tools that help analyze billions of financial transactions all over the world. The intelligence community, IARPA officials say, do not enjoy the same caliber of computer analysis tools that financial analysts do.

Intelligence analysts working with financial information must deal with the same massive amounts of financial data that financial analysts do, yet intelligence analysts have few computational tools to help provide insights into the financial context of worldwide events. The MATCHES program seeks to change all that.

IARPA is scheduling the MATCHES industry day in anticipation of releasing a formal solicitation for the program. The industry day briefings are to brief industry, respond to industry questions, as well as to enable potential bidders to demonstrate their capabilities and form teams.

For questions or concerns, contact IARPA's Jason Lee by e-mail at dni-iarpa-baa-11-08@ugov.gov. More information is online at https://www.fbo.gov/notices/069c22535d3dc6a90e3cb85e27358c18.

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